Category: airline (Page 3 of 76)

Maersk introduces new digital solution for Air Freight booking

February 12, 2024 / WIL BALDWIN

Mumbai, Maharashtra, India – A.P. Moller – Maersk AS (US-OTC: AMKBY), as a part of its integrated logistics solutions, has launched a fully digital solution for customers willing to purchase air freight solutions. The new online solution available on Maersk.com provides customers with an option to book their air cargo requirements through a simple online tool that will provide customers with instant prices for as many as 70,000 connections between virtually all relevant airports globally. With the launch of this new solution, Maersk takes further steps towards connecting and truly simplifying its customers’ supply chains.

Maersk’s air freight cargo coverage extends to 70,000 airport pairings across more than 90 countries around the world. Being a fully online solution, the platform also allows the customer to book cargo movement for any of the 70,000 airport pairings from anywhere in the world.

Maersk’s air freight solutions offer cargo movement from most of India’s international airports. Combined with Maersk’s integrated logistics solutions that include a robust hinterland coverage of distribution network, Maersk allows such cargo movement to and from 80% of India’s postal/ZIP codes with end-to-end pick-up and deliveries.

Customers can also add Maersk Customs Services for seamless customs clearance and track their cargo from anywhere, at any time.

Forward-Looking Statements

This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

Maersk and Air Cargo News highlight global trends in 2024 air cargo market

February 2, 2024 / WIL BALDWIN

The air cargo sector is undergoing a demand slowdown due to global macroeconomic conditions. Post-Covid normalisation as well as global geopolitical crises, most notably in the form of military conflicts, have been the root cause.

Looking ahead, there is little confidence that this situation will improve drastically in the near term. This is partly due to rising interest rates and the termination of key government support programmes.

With customer demands getting more nuanced, a high level of flexibility seems to be the need of the hour. Air freight operators need to be nimble and provide solutions that lower operating costs and save time.

Here’s a quick fly-by of air cargo trends in 2024…

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Airbus partners for hydrogen aviation in Sweden and Norway

February 1, 2024 / WIL BALDWIN

Stockholm, Sweden, January 31, 2024 – Airbus, Avinor, SAS, Swedavia and Vattenfall have signed a Memorandum of Understanding (MoU) to investigate the feasibility of a hydrogen infrastructure at airports in Sweden and Norway.

This cooperation will provide better understanding of hydrogen aircraft concepts and operations, supply, infrastructures and refueling needs at airports in order to help develop this hydrogen aviation ecosystem in both countries. The work will also identify the pathways to select which airports will be transformed first to operate hydrogen-powered aircraft in both countries as well as the accompanying regulatory framework.

This is the first time that a feasibility study of this kind covers two countries and more than 50 airports. It reflects the partners’ shared ambition to use their respective expertise to support the decarbonisation of the aviation industry and to achieve net zero carbon emissions by 2050.

Airbus also launched the “Hydrogen Hub at Airports” program to jumpstart research into infrastructure requirements and low-carbon airport operations, across the entire value chain. To date agreements have been signed with partners and airports in ten countries including France, Germany, Italy, Japan, New Zealand, Norway, Singapore, South Korea, Sweden and the United Kingdom.

Korean Air gets approval from Japan on Asiana merger

February 1, 2024 / WIL BALDWIN

The Japan Fair Trade Commission (JFTC) approved Korean Air’s business combination with Asiana Airlines, marking a significant milestone in the two airlines’ merger process. To date, Korean Air has received approvals from 12 of 14 competition authorities.

The approval process commenced in January 2021, when Korean Air submitted its intent to the JFTC. Subsequently, a comprehensive initial report containing market and economic analysis was submitted in August 2021. Korean Air has proactively engaged in dialogues with all concerned parties to address various concerns raised by the JFTC.

The JFTC requested for Korean Air to submit remedies on select routes between Korea and Japan where the combined market share of Korean Air, Asiana Airlines and its respective subsidiaries (Jin Air, Air Busan and Air Seoul) would limit competition.

After discussion, the JFTC concluded that five of the 12 overlapping routes on the network were not subject to competition review. In addressing the remaining concerns, the airline has decided to cede a limited number of slots on seven routes, should “remedy takers” decide to operate on them. These routes include Seoul-Osaka, Sapporo, Nagoya, Fukuoka, as well as Busan-Osaka, Sapporo, and Fukuoka.

The JFTC also raised competition concerns about the Korea-Japan cargo network. However, with the decision to divest Asiana’s cargo business, the JFTC limited its request for the airline to enter into a cargo block space agreement (BSA) on select routes from Japan to Korea. The divestiture of Asiana’s cargo business is subject to the approval of all remaining competition authorities, and will occur after Asiana Airlines is incorporated as a subsidiary of Korean Air.

Since January 2021, Korean Air has filed business combination reports with a total of 14 competition authorities. A total of 12 authorities including Japan, have either approved the combination or concluded the review on the grounds that the business combination was not subject to review or report. Korean Air is committed to constructive dialogue with the remaining authorities – the EU and U.S. – to obtain approvals at the earliest opportunity.

Ryanair agrees on new partnership deal with OTA kiwi.com

January 29, 2024 / WIL BALDWIN

KIWI GUARANTEE NO OVERCHARGING FOR RYANAIR FLIGHTS/ANCILLARIES

Following the recent approved partnership between Ryanair Holdings PLC (Ireland: RYA) and OTA, loveholidays.com. Ryanair today (Monday, January 29) announced a new partnership agreement with approved OTA, Kiwi.com, which guarantees that Kiwi will now have direct access to the Ryanair.com website without screenscraping, and Kiwi agree to provide their customers with low Ryanair prices for flights and ancillaries, and will see Kiwi provide the direct accurate customer contact and payment details to Ryanair.

This new approved OTA deal means that Kiwi customers can now buy Ryanair flights/ancillaries at real prices (without mark-ups) via the Kiwi.com website, and Kiwi customers will have direct access to their myRyanair account and will receive all Ryanair flight info directly to their email from Ryanair. Kiwi customers will no longer need to complete Ryanair’s customer verification process which unauthorised OTA Pirates’ customers must continue to do.

In addition to these benefits, this deal also allows customers to enjoy Kiwi virtual interline service which allows customers to book connecting flights, but if they miss their connection flight, Kiwi will reaccommodate passengers free of charge on the next available flight.

Ryanair has long campaigned for all consumers to be protected from OTA Pirate overcharges and pricing scams, and an end to fake customer contact and payment info. This approved OTA partnership with Kiwi demonstrates how OTAs can work with Ryanair in a transparent way that eliminates the need for anti-consumer practices while giving Kiwi.com passengers direct access to Ryanair’s low prices with no overcharges or price scams.

Forward-Looking Statements

Eve announces list of eVTOL suppliers

January 29, 2024 / WIL BALDWIN

Melbourne, Florida, January 29, 2024 – Eve Air Mobility (NYSE: EVEX) has named four additional suppliers for its electric vertical takeoff and landing (eVTOL) aircraft. Thales will supply a proven air data solution, comprising sensors and a computer while Honeywell (NYSE: HON) will supply guidance, navigation and external lighting for the aircraft. RECARO Aircraft Seating will supply the eVTOL’s seats and FACC will supply the horizontal and vertical tail including the rudder and elevator.

Honeywell will supply guidance and navigation products including magnetometers, GPS-aided attitude & heading reference systems, and inertial reference systems built upon decades of engineering and manufacturing experience. These systems will relay and aid the pilots and other onboard systems to ensure safe and efficient flight. The company will also supply external lighting for the aircraft.

Thales will supply a proven air data solution, comprising sensors and computer, which gather critical data such as airspeed, altitude and environmental conditions. The solution then relays the information to pilots and onboard systems to ensure safe and efficient flight in all weather conditions.

RECARO Aircraft Seating, a global supplier of premium aircraft seats for airlines, OEMs and eVTOL aircraft, was selected to design, certify and produce the four passenger seats and one pilot seat for the aircraft. RECARO is widely recognized for product innovation, award-winning customer service and commitment to reliability, efficiency and sustainable practices.

FACC was selected to lead the development and production of the eVTOL’s horizontal and vertical tail including its rudder, elevator and the aircraft’s aileron. FACC is recognized for its production of lightweight components relying on innovative manufacturing techniques and technology.

These new suppliers are in addition to Garmin (NYSE: GRMN), Liebherr Aerospace and Intergalactic that were announced in October and Nidec Aerospace LLC, a joint venture between Japan’s Nidec Corporation and Brazil’s Embraer SA (B3: EMBR3), BAE Systems PLC (London: BAES) and DUC Hélices Propellers which were announced at the Paris Air Show this past summer.

Forward-Looking Statements

Vietjet adds flights to Chengdu China

January 28, 2024 / WIL BALDWIN

Ho Chi Minh City, January, 2024 – Vietjet continues to expand its international flight network with the new route between Ho Chi Minh City and Chengdu, China. The combination will help contribute to promoting trade and tourism between the two cities and two countries, Vietnam and China.

To celebrate the New Year 2024 and the new route Ho Chi Minh City – Chengdu, Vietjet offers thousands of VND0 (*) tickets for passengers who book tickets from today on www.vietjetair.com or the Vietjet Air mobile app with the flight period from February 10, 2024 to March 30, 2024.

Visiting Chengdu, tourists have opportunities to explore the vibrant Chinese culture with famous attractions such as Jinli Ancient Street, Anshun Bridge, Chengdu Research Base of Giant Panda Breeding, or easily come to Jiuzhaigou – a world heritage site recognized by UNESCO, etc. Meanwhile, Ho Chi Minh City is a bustling economic hub of Vietnam with various options traveling in Vietnam and the region via Vietjet’s flight network.

Malaysia Aviation Group to add 12 Aircraft in 2024

January 28, 2024 / WIL BALDWIN

Sepang, Selanger, Malasia, January 29, 2024 – As part of its ongoing fleet modernisation plan, Malaysia Aviation Group (MAG) is set to induct 12 new aircraft in 2024, including its first Airbus 330-900 (A330neo) which is scheduled to arrive in the third quarter of 2024. The Group is looking to receive four of the new aircraft type this year, alongside eight Boeing 737-8 aircraft to support its network growth requirements.

In August 2022, MAG signed Memorandum of Understandings (MOU) with Airbus, Rolls-Royce and Avolon for the acquisition of 20 A330neo aircraft which are scheduled to be delivered through 2028. 10 of the aircraft are directly purchased from Airbus with a back-to-back sale and leaseback arrangement with Avolon, while the remaining 10 are leased directly from Avolon. The acquisition underscores the Group’s steadfast commitment as it seeks to provide modernity and elevate the standards of its service offerings, while ensuring that it can support the post-pandemic growth of the aviation industry.

With the introduction of these new seats, Malaysia Airlines is poised to become the flagship carrier in the world to feature the Elevation seats on the A330 airframe. The A330neo will comprise of 297 seats (28 in Business Class and 269 in Economy Class, of which 24 seats come with extra legroom).

AirJapan Tokyo to Singapore service starts April 2024

January 28, 2024 / WIL BALDWIN

Tokyo, Japan, January 26, 2024 – AirJapan, the new airline brand of ANA Group, will begin service on the Tokyo Narita-Singapore route on Friday, April 26, 2024. Singapore, the third destination for the new AirJapan brand, is not only an attractive tourist destination with a wealth of tourist attractions, but also a global business destination. Changi Airport, one of Asia’s leading airports, offers more convenient access to and from the Southeast Asian region.

AirJapan will contribute to the growth of exchanges between Japan and Singapore, as well as between Japan and Southeast Asia, by providing a “Japanese culture” experience and “high quality and comfort” at an affordable price.

Timed with the scheduled arrival of the second aircraft in April, flights on the Narita-Bangkok route and the Narita-Seoul (Incheon) route that started service in February, will be increased to daily service. Please refer to the AirJapan website for sales dates and details.

Avelo attends new terminal groundbreaking at Hollywood Burbank Airport

January 27, 2024 / WIL BALDWIN

Burbank, California, January 25, 2024 — Avelo Airlines was among the attendees at the Los Angeles Hollywood Burbank Airport (BUR) groundbreaking of the airport’s new terminal last Thursday.

The 355,000 square-foot facility will replace Hollywood Burbank’s current 94-year-old terminal utilized by Avelo and eight other airlines. BUR’s new terminal will have 14 gates, a variety of options for dining and shopping, more space to move about, and an upgraded TSA checkpoint, among other features.

Key speakers included Hollywood Burbank Airport’s Executive Director Frank Miller, President of the Burbank-Glendale-Pasadena Airport Authority Felicia Williams and Rep. Tony Cardenas, who represents California’s 29th congressional district. Avelo’s Director of Airport Relations Somer Shindler represented Avelo at the ceremony.

Avelo Airlines route map 01/25/2024

Here’s a quick fly-by of air cargo trends in 2024…

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