Airline Economics
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Airline Economics
12h ago
Azorra’s owned fleet now surpasses 100 assets, following the successful novation of two A330-200 aircraft leased to ITA Airways. “We are thrilled to celebrate this milestone and to continue our rapid ascent to new heights,” said Azorra CEO and founder John Evans. “This achievement is a testament to our team’s relentless dedication to providing innovative ..read more
Airline Economics
12h ago
The International Air Transport Association (IATA) and its partners have released the Aviation Net Zero CO2 Transition Pathways Comparative Review, the first publication to compare ’14 leading net zero CO2 transition roadmaps for aviation’. Aiming to be a ‘one-stop-shop’ for airlines, policymakers and aviation stakeholders to ‘better understand the key similarities and differences between the ..read more
Airline Economics
12h ago
Air transport technology company SITA has launched its AI-powered airport management tool, the SITA Airport Operations Total Optimiser. The tool was unveiled at the Passenger Terminal Expo 2024 in Frankfurt, Germany. “We regularly interview our customers and other industry stakeholders to find solutions to the complex challenges they face now and in the future,” said ..read more
Airline Economics
12h ago
Brazil’s low-cost airline Gol Linhas Aereas Inteligentes (GOL), which filed for Chapter 11 bankruptcy protection in January 2024, has secured the final instalment of its debtor-in-possession (DIP) financing. The final instalment is worth $450 million. “We are pleased with the continued progress we are making in the court-supervised restructuring process,” said a GOL spokesperson. “We ..read more
Airline Economics
13h ago
Light aircraft manufacturer Elixir Aircraft has announced the opening of two new production and assembly facilities, alongside a third French production site dedicated to composite production parts. The first US site (situated at Sarasota Bradenton Airport in Florida) will focus on the reassembly of aircraft intended for delivery to US clients. The manufacturer notes that ..read more
Airline Economics
13h ago
The Sustainable Aviation Buyers Alliance (SABA) has announced the largest ever group of commitments to purchase sustainable aviation fuel certificates (SAFc), equating to a total of approximately 50 million gallons of SAF and representing nearly $200 million of investment into the SAF market. Over the last five years, a variety of companies have committed to ..read more
Airline Economics
15h ago
Japan’s largest public helicopter air charter service AirX has signed a deal with Eve Air Mobility for up to ten firm and 40 optional electric vertical takeoff and landing (eVTOL) craft, ahead of the type’s projected entry into service in 2026, taking Eve’s orderbook to nearly 3,000 units. “We appreciate AirX’s trust and confidence in ..read more
Airline Economics
15h ago
Aircraft component parts, repair and supply chain solutions provider AJW Group has announced a number of ‘groundbreaking’ new logistics contracts with a variety of partners, which will allow the group to ‘implement an innovative logistics model’ over the next two years. Chief operating officer at AJW Barry Swift explained that “through proactive reassessment and innovation ..read more
Airline Economics
15h ago
Bangkok Airways has renewed its partnership with software and technology provider Sabre, with the airline to continue using ‘a comprehensive suite of Sabre’s network planning and optimization solutions’ such as the Cloud-enabled Schedule Manager, Slot Manager and Codeshare Manager. “The set of network planning and optimization solutions that Bangkok Airways continues to choose from Sabre ..read more
Airline Economics
17h ago
Allegiant Air flight attendants, represented by the Transport Workers Union of America (TWU) AFL0CIO Local 577, have voted to approve a new five-year agreement with immediate wage increases (ranging from 20% to 41.2%). More than 1,700 Allegiant flight attendants are represented by the union, of which 97% voted. The agreement was ratified with a 89 ..read more