As a global leader in engineering and infrastructure, ARX announces a significant milestone: the acquisition of Airport Competence GmbH. This Austrian firm specializes in airport development, contributing over 30 years of expertise, 400 airport projects, and 120 airport transactions (privatizations, PPPs, M&As). Its impressive track record further strengthens ARX’s presence in the airport sector. Acceleration […]
The U.S. Department of Transportation’s Federal Aviation Administration (FAA) announced more than $332 million for 171 grants across 32 states to modernize airports through the Airport Infrastructure Grants (AIG) program. In total, the Bipartisan Infrastructure Law included $25 billion over five years for airport and air traffic control infrastructure improvements. The AIG funds can be […]
MoU will allow the Airport Management Professional Accreditation Program (AMPAP) to deliver more training in the next three years to support the development of a sustainable aviation workforce. Airports Council International (ACI) World announced that SITA has renewed and strengthened its long-standing support for the leading training and leadership program for airport executives, the ACI-International […]
Air India has awarded cargo and ground handling contracts to SATS Ltd (SATS) and its wholly-owned subsidiary Worldwide Flight Services (WFS) across multiple major airports in regions in Asia, Europe, the Middle East and North America. The airline renewed 11 contracts and awarded 14 new contracts after a global tendering process, significantly expanding Air India’s […]
Aberdeen International Airport has become one of the UK’s most connected airports thanks to a partnership with leading the UK’s leading supplier of smart, in-building cellular solutions experts, Exchange Communications, which will see the installation of 5G. The enabling of 5G at the airport, which is amongst Scotland’s top three busiest travel hubs, welcoming 2.4million […]
Alpine airports Grenoble Alpes Isère and Chambéry Savoie Mont Blanc, operated by VINCI Airports, are ready to welcome passengers for the 2024-2025 winter season with expanded offers, enhanced services and varied destinations. Grenoble Alpes Isère Airport marked the start of the winter season with the arrival of the very first commercial flight on the morning […]
On 10th December, 2024, San Antonio International Airport (SAT), one of the fastest-growing medium-sized airports in the United States, celebrated the groundbreaking of a new terminal, which will accommodate SAT and the San Antonio region’s continued rapid growth and expansion. The groundbreaking represents a significant step in SAT’s commitment to meeting the increasing demands of […]
The International Air Transport Association (IATA) has launched the IATA Air Cargo Device Assessment Program to validate air cargo tracking devices, data loggers and sensor-equipped devices for compliance with rigorous industry safety standards. “The fastest-growing segments of air cargo are pharmaceuticals, perishables, electronics, and high-value goods. Shippers rely on various battery-powered electronic devices to monitor […]
Korean Air has completed its acquisition of Asiana Airlines, four years after announcing its decision on November 16, 2020. On December 12, Korean Air acquired 131,578,947 newly issued shares of Asiana Airlines, representing a 63.88% ownership stake and making Asiana Airlines a subsidiary of Korean Air. The completion follows Korean Air’s payment of KRW 800 […]
Yesterday, 10 leading European travel and tourism organisations convened in the European Parliament for a high-level meeting with Apostolos Tzitzikostas, Commissioner for Sustainable Transport and Tourism, MEP Daniel Attard and other Members of the Tourism Task Force, as well as European Commission and EU Member States representatives. This meeting builds on the work initiated in […]
