Tags: Aviation

FAA will award $243.7 million to modernize airport infrastructure across US

The U.S. Department of Transportation’s Federal Aviation Administration (FAA) will award $243.7 million in Fiscal Year (FY) 2024 Airport Infrastructure Grants (AIG) under the Bipartisan Infrastructure Law. The $243.7 million includes 150 grants in 37 states to modernize airport infrastructure, improve runway safety, and create jobs to build a better America.   “We saw a […]

Passenger traffic reaches nearly 95% of pre-pandemic levels in 2023

2.3 billion passengers welcomed by Europe’s airports in 2023 Passenger traffic surging by +19% over 2022, thus standing just –5.4% below pre-pandemic (2019) volumes A market characterised by significant performance gaps – while many airports achieved absolute passenger traffic records, a large majority still lagged behind their pre-pandemic volumes. TOP 5 European airports in 2023: […]

Delta Air Lines continues to partner with LUG for cargo handling in Frankfurt and Munich

Image source: Delta Air Lines Delta Air Lines has extended its partnership with LUG aircargo handling in Frankfurt and Munich, securing a contract extension until 2027. LUG will remain responsible for Delta Cargo’s handling at the German airfreight hubs. The Atlanta-based airline has utilized LUG’s services in Frankfurt for over four years and in Munich […]

Finnair Partners with WFS for Cargo Handling in Paris

Finnair has appointed Worldwide Flight Services (WFS), a member of the SATS Group, to provide cargo warehouse handling at Paris Charles de Gaulle Airport, domestic trucking services and cargo reception points across France. The airline operates 28 wide- and narrow-bodied passenger flights per week, connecting the French capital with Helsinki. In addition to general cargoes, […]

Wizz Air Reaches New Record with 60.3 Million Passengers in 2023

Wizz Air, Europe’s fastest growing and most environmentally sustainable airline globally*, today reveals they transported 60.3 million people in 2023. The result is the highest ever yearly passenger traffic numbers for WIZZ, and a 32% increase compared to 2022. In 2023, Wizz Air launched nearly a hundred new routes, took delivery of 32 brand new […]

IATA & ICAO Extend Cooperation on Standards for Dangerous Goods Shipments

The International Air Transport Association (IATA) and the International Civil Aviation Organization (ICAO) have extended their long-standing cooperation on setting and implementing global standards for the safe carriage of dangerous goods by air. An agreement to this effect was concluded at the IATA Executive Offices in Geneva during a visit by ICAO Secretary General Juan […]

All 13 VINCI airports operated in Mexico successfully upgraded to Level 2 Reduction in the ACA programme

VINCI Airports is proud to announce that the 13 Mexican’s airports operated by OMA, of which VINCI Airports is the main shareholder, have successfully upgraded to Level 2 Reduction in the Airport Carbon Accreditation programme. A new achievement that comes 10 months only after being certified ACA level 1. Aligned with VINCI Airports’ environmental policy and the objective to […]

Wizz Air Resumes Flights to Tel Aviv from London Luton

Wizz Air the most environmentally sustainable airline globally, today confirmed it will resume operations on its routes to Tel Aviv from Budapest, Bucharest, Sofia, London Luton, Krakow, and Rome Fiumicino. Flights will commence from 1 March 2024 and will operate three times a week. Tickets are on sale on wizzair.com and the airline’s mobile app, […]

Avolon Announces Pricing of US$1.15 Billion Senior Unsecured Notes Offering

Avolon Holdings Limited (“Avolon”), a leading global aviation finance 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$1.15 billion of 5.75% senior unsecured notes due 2029 (the “Notes”). The Notes will be fully and unconditionally guaranteed by Avolon, […]

Ogdensburg International Airport Modernization Project Underway

Governor Kathy Hochul announced in December that work is underway on a project to transform the Ogdensburg International Airport into a regional transportation hub that will attract new travelers to the area and fuel economic growth throughout the North Country. The project, which was awarded $18 million from the Governor’s $230 million Upstate Airport Economic […]