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 […]
The International Air Transport Association (IATA) released data for August 2024 global passenger demand with the following highlights: Total demand, measured in revenue passenger kilometers (RPK), was up 8.6% compared to August 2023. Total capacity, measured in available seat kilometers (ASK), was up 6.5% year-on-year. The August load factor was 86.2% (+1.6ppt compared to August […]
Swiss Airtainer, a leading innovator of advanced active temperature-controlled air cargo containers, announces a significant pre-round A investment from a consortium of private investors. The company previously received multimillion-dollar startup grants from venture capital sources, including the Swiss Federal Office of Civil Aviation and the Swiss State Secretariat for Education, Research and Innovation, which supported […]
Latest win in Unite’s Runway to Success campaign Unite the union can confirm that it has delivered its latest new pay deal for workers based at Inverness airport, Scotland’s leading aviation trade union confirmed today (Monday 5 August). Over 20 Skytanking ‘front-of-house’ customer service agents are set to receive a significant boost to their take-home […]
The quick recovery of July’s global IT outage produced no significant ongoing disruption to resurgent air cargo demand, with rates rising for a sixth consecutive month, according to the latest market analysis by Xeneta. Global average air cargo spot rates reached USD 2.66 per kg in July, +20% higher year-on-year. This was again driven […]
Research into the financing ecosystem to support zero emission flight Shared commitment to achieving aviation’s decarbonisation goals Avolon, a leading global aviation finance company, has partnered with Airbus to support the development of hydrogen-powered commercial aircraft through Airbus’ ZEROe Project. Announced at the Farnborough Airshow today, Airbus and Avolon will investigate how future hydrogen-powered aircraft […]
Worldwide Flight Services (WFS), a member of the SATS Group, is starting a three-month trial using HVO biofuel in its airside transport fleet at London’s Heathrow Airport in support of SATS’ environmental, social and governance (ESG) group priorities Heathrow’s goal for all airport vehicles to be zero-emission or using biofuels by 2030. Commencing on 1 […]
Silk Way West Airlines has signed a Memorandum of Understanding (MOU) with China Henan Aviation Group during Air Cargo China 2024 in Shanghai. Image Source: Silk Way West Airlines Silk Way West Airlines, the leading cargo airline in the Caspian and Central Asian region, has signed a Memorandum of Understanding (MOU) with China Henan Aviation […]
The World Aviation Services Association (ASA) has today announced the appointment of Hassan El-Houry as its new Chairman, effective July 1, 2024. He succeeds Mr. Atilla Korkmazoğlu, who served two successful mandates over four years. El-Houry brings a blend of leadership, innovation, and strategic vision to ASA, further strengthening the aviation services sector’s position. He […]
Image Source: Silk Way West Airlines Silk Way West Airlines, the leading cargo airline in the Caspian and Central Asian region, announces the appointment of Onno Pietersma as its new Chief Operating Officer. With over 25 years of experience in the aviation industry, Mr Pietersma is poised to propel the airline towards new levels of […]
