Three Wizz Air flights took off from Budapest Airport with 37% blend of Neste MY Sustainable Aviation Fuel™ produced from renewable waste and residue raw materials supplied by MOL MOL, in cooperation with Neste, Budapest Airport, RÜK (Airport Fuel Supply Kft.) and Wizz Air, today starts commercially testing its sustainable aviation fuel (SAF) supply chain. The […]
Continued growth in new technology fuel-efficient aircraft in Avolon’s delivered fleet Avolon, the international aircraft leasing company, announces it has completed the delivery of its 100th Airbus A320neo. The delivery to Cebu Pacific is the second A320neo delivery under an agreement made earlier this year for the Philippines low-cost carrier to lease three new A320neos. […]
DSV has awarded Worldwide Flight Services (WFS) a long-term European Gateway cargo handling contract in Liege, Belgium, extending their growing global partnership. This latest agreement between the two companies reflects WFS’ diversifying role at the centre of the air logistics supply chain. WFS, a Member of the SATS Group and the world’s largest cargo handler, […]
Asia Pacific continues to lead the way with 155 planned airport projects and a committed investment of USD 209 billion. As of January 2023, there are 425 known airport projects globally, of which, 155 projects (36%) are in the Asia Pacific region. Built by Supported by Held in
ACI EUROPE has today released a comprehensive and empirical analysis of competition between European airports. It depicts a new aviation market paradigm where the increasing buyer power of the airlines in Europe squeezes Europe’s airports ever further as they strive for financial stability and resilience. The synopsis, Fierce Competitors, Fragile Foes builds upon the Frontier […]
Korean Air hosted an event at the airline’s hangar at Incheon International Airport to showcase a special livery in support of Korea’s successful bid to host the World Expo 2030 in South Korea’s second largest city, Busan. Han Duck-soo, Prime Minister of Republic of Korea, Walter Cho, Chairman and CEO of Korean Air, Tae-won Chey, […]
European airlines’ quarterly results are likely to confirm a significant reduction in winter losses vs. last year while defying recession fears with strong summer bookings as consumers still pay up for travel, says Bloomberg Intelligence (BI). BI calculate the spot price of jet fuel has almost halved since June’s peak, which provides cost relief and […]
Avolon Holdings Limited (“Avolon”), the international aircraft leasing company, announces the pricing of a private offering (the “Offering”) by its wholly owned subsidiary, Avolon Holdings Funding Limited, for a principal aggregate amount of US$750 million of 6.375% senior unsecured notes due 2028 (the “Notes”). The Notes will be fully and unconditionally guaranteed by Avolon, and […]
Expansion of industry-leading FX ATM click & collect service follows successful pilot at Heathrow T5 Travelex, a market leading foreign exchange brand, has expanded its ATM click & collect service across Heathrow, Birmingham and Manchester airports following a successful pilot at Heathrow Terminal 5. Following the success of the pilot, Travelex now offers the click […]
Aircraft valued at over $4 billion at current list price Delivery scheduled between 2027 and 2030 Avolon, the international aircraft leasing company, announces a commitment to order 40 Boeing 737 MAX aircraft. The aircraft are scheduled for delivery between 2027 and 2030; and are valued at over $4 billion at current list price. Avolon delivered […]
