Tags: Aviation

Sunnen Products Company Highlights the PGE-6000 Gage with Advanced Precision for Aerospace Applications

3rd April 2025

Cutting-Edge Bore Gaging System Offers Unmatched Precision, Versatility, and Efficiency for High-Precision Aerospace Measurement Needs ST. LOUIS, MO – Sunnen Products Company, a global leader in high-precision bore finishing and measurement, highlights the PGE-6000 Gage, a cutting-edge bore gaging system that redefines accuracy, versatility, and efficiency in dimensional measurement for the aerospace industry. The PGE-6000 […]

Korean Air acquires 63.88% stake in Asiana Airlines

12th December 2024

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 […]

IATA: Solid Growth in Passenger Demand Continued in October

5th December 2024

The International Air Transport Association (IATA) released data for October 2024 global passenger demand with the following highlights: Total demand, measured in revenue passenger kilometers (RPK), was up 7.1% compared to October 2023. Total capacity, measured in available seat kilometers (ASK), was up 6.1% year-on-year. The October load factor was 83.9% (+0.8ppt compared to October […]

Air Cargo Demand up 9.8% in October 2024 – 15th Month of Consecutive Growth

3rd December 2024

The International Air Transport Association (IATA) released data for October 2024 global air cargo markets showing continuing strong annual growth in demand. Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 9.8% compared to October 2023 levels (10.3% for international operations) for a 15th consecutive month of growth. Capacity, measured in available cargo tonne-kilometers (ACTKs), […]

Avolon Delivers First of 20 Airbus A330neo Aircraft to Malaysia Aviation Group

29th November 2024

Unique collaboration between Airbus, Rolls-Royce and Avolon A330neo delivers a compelling solution to meet MAG’s fleet needs First aircraft delivered today at Airbus’s Delivery Centre in Toulouse Avolon, a leading global aviation finance company, announces the delivery of the first of 20 Airbus A330neo aircraft it has agreed to lease to Malaysia Aviation Group (MAG), […]

ASA World releases report on aviation services industry: Addressing the Race to the Bottom is key for the Whole Civil Aviation Industry

28th November 2024

ASA WORLD, the association representing aviation service providers, just released a state of the industry report in collaboration with Steer, a renowned consultancy. This report marks a significant step forward for the sector, offering an objective analysis of its challenges and opportunities while proposing actionable solutions to build a more resilient and sustainable future. In […]

Boeing: Air Cargo Traffic to Double by 2043 as Emerging Markets Drive Growth

13th November 2024

Global freighter fleet to grow to 3,900 airplanes over the next 20 years, including production and converted airplanes Demand boosted by e-commerce and geographically shifting supply chains Express carrier traffic to more than triple With a strong air cargo market exceeding pre-pandemic levels, Boeing [NYSE: BA] forecasts continued long-term growth, saying air cargo traffic will […]

IATA to Offer Digital Currencies in Financial Settlement Systems

29th October 2024

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 […]

Virgin Atlantic and Scandinavian Airlines announce codeshare partnership

4th October 2024

Codeshare between the two SkyTeam carriers launches next week Partnership opens up five new destinations across Scandinavia including Oslo, Stockholm and Copenhagen Virgin Atlantic and SAS Scandinavian Airlines are delighted to announce a new codeshare agreement, strengthening vital business and leisure connections to and from key Scandinavian hubs. The codeshare partnership, which launches next week, […]

Air France-KLM ramps up its SAF offtake agreement with TotalEnergies, which will supply up to 1.5 million tons of more sustainable aviation fuel over a 10-year period

24th September 2024

TotalEnergies and Air France-KLM have signed an agreement for TotalEnergies to supply up to 1.5 million tons of more sustainable aviation fuel (SAF) to Air France-KLM Group airlines over a 10-year period, until 2035. This agreement marks one the largest SAF purchase contracts signed by Air France-KLM to date. In 2022 and 2023, Air France-KLM […]