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Construction work is launched for the industrial facility where VoltAero will build its Cassio electric-hybrid aircraft family at France’s Rochefort – Charente-Maritime Airport

16th May 2023

Bids are being sought for the construction of an industrial site at Rochefort – Charente-Maritime Airport in France’s Nouvelle-Aquitaine region where VoltAero is to perform the assembly and deliveries of its Cassio electric-hybrid aircraft family. This construction project’s notification – issued by the regional association of airports, called the Syndicat Mixte des Aéroports de La […]

Silk Way West Airlines announces upcoming Caspian Air Cargo Summit 2023 on air cargo Europe in Munich

12th May 2023

On the largest transport exhibition “air cargo Europe” in Munich Silk Way West Airlines, one of the leading cargo airlines in the Caspian and Central Asian region, jointly with Euroavia International announces Caspian Air Cargo Summit 2023, to be held at the JW Marriott Absheron Hotel in Baku from October 23-25, 2023. This event will […]

MOL and Wizz Air Commercially Test Sustainable Aviation Fuel Supply at Budapest Airport

11th May 2023

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 […]

Avolon Delivers 100th Airbus A320neo to Cebu Pacific

11th May 2023

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. […]

WFS AND DSV Extend Growing Global Partnership with New European Gateway Contract in Liege

10th May 2023

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, […]

Competition between Europe’s airports: new analysis highlights shifting dynamics as airline power tightens grip

10th May 2023

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 Showcases a Special Livery in support of South Korea’s World Expo 2030 bid

4th May 2023

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 to shake off consumer gloom in upcoming results season: Bloomberg Intelligence analyst gives earnings preview

3rd May 2023

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 Announces Pricing of US$750 Million Senior Unsecured Notes Offering

2nd May 2023

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 […]