Monthly Archives: October 2024

Plaza Premium First Hong Kong Celebrates Fourth Win as “Best Independent Airport Lounge”

Julian Gregory, the CEO of Business Traveller presented the “Best Independent Airport Lounge” award to the Plaza Premium Group. From left to right: John Girard, General Manager, Hong Kong Operations of Plaza Premium Group; Julian Gregory, CEO of Business Traveller ; Mei Mei Song, Chief Transformation Officer of Plaza Premium Group ; Jonathan Song, Chief […]

September Saw 9.4% Growth for Air Cargo

The International Air Transport Association (IATA) released data for September 2024 global air cargo markets showing continuing strong annual growth in demand. Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 9.4% compared to September 2023 levels (10.5% for international operations) for a 14th consecutive month of growth. Capacity, measured in available cargo tonne-kilometers (ACTKs), […]

Siemens to sell airport logistics business to Vanderlande

Siemens Logistics to be sold to Vanderlande for €300 million Transaction expected to close in the course of calendar year 2025 For Siemens, another step in portfolio optimization as a leading technology company Siemens AG has agreed to sell its Siemens Logistics business to Vanderlande, a company owned by Toyota Industries Corporation. Vanderlande is a […]

Fully Digital Travel Experience Closer to Reality

The International Air Transport Association (IATA) and its partners have successfully demonstrated that the industry is ready to deliver a fully digital air travel experience. This was achieved in a proof-of-concept (PoC) involving two passengers using different digital wallets and travel credentials on a round-trip between Hong Kong and Tokyo. IATA partnered with Cathay Pacific, […]

IATA to Offer Digital Currencies in Financial Settlement Systems

The International Air Transport Association (IATA) announced that it will offer digital currencies in the financial settlement systems it operates for the aviation industry. “Digitalization impacts many aspects of our daily lives, including the currency we use. With the increasing use of digital currencies, it is imperative that IATA’s industry financial settlement systems adapt to […]

ZeroAvia and PowerCell to Collaborate on Next Gen Fuel Cell Development

Partners to explore co-development of higher temperature fuel cell technologies for aerospace applications and beyond. ZeroAvia today announced that it has signed a new Memorandum of Understanding (MOU) with PowerCell Group to collaborate on next generation fuel cell technologies. Joint R&D will focus on intermediate and high temperature fuel cells which will open up more […]

Travelex undertakes major UAE airport expansion

Leading FX brand launches 13 new stores across Abu Dhabi and Dubai airports Travelex, a market leading foreign exchange brand, has undertaken a major expansion in the UAE with the launch of 13 new stores across Abu Dhabi and Dubai airports. At Zayed International Airport, Travelex is doubling its store footprint from seven to 14 […]

Regulatory approvals to drive Air One’s freighter solutions to China, Japan and Malaysia

New flight approvals in Asia will signal the expansion of Air One’s freighter solutions into China, Japan, and Malaysia as well as its commercial presence in the region. Air One is the commercial sales partner of a growing network of airlines currently operating a combined fleet of 11 Boeing 747-400 freighters and offering cargo capacity […]

Global aviation advances accessible air travel for 1.3 billion persons with disabilities

The Symposium on Accessibility in International Civil Aviation will tackle barriers to air travel faced by persons with disabilities or reduced mobility. Together, the International Civil Aviation Organization (ICAO), Airports Council International (ACI) and the International Air Transport Association (IATA) will host The Symposium on Accessibility in International Civil Aviation from 2 to 3 December […]

Infrastructure Development is Critical for Future of Airports Industry: ACI Asia-Pacific & Middle East

As global air traffic rebounds to pre-pandemic levels, Airports Council International Asia-Pacific & Middle East (ACI APAC & MID), the trade body of airports representing 617 airports from 46 countries and territories, has reiterated its call for economic sustainability and financial resilience as critical components for infrastructure development to support the expected growth in the region’s […]