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The National Business Aviation Association (NBAA) announced that Michael Whitaker, administrator of the Federal Aviation Administration (FAA), will be a featured speaker for the Opening Keynote Session on October 22 at the 2024 NBAA Business Aviation Convention and Exhibition (NBAA-BACE) in Las Vegas.

Sky Industry News Jul 31, 2024

Certification from the International Air Transport Association (IATA) aims to improve the handling and transport of perishable products to ensure food safety, as well as reduce food waste and loss along the supply chain. This Center of Excellence for Independent Validators (CEIV) certification program is known as CEIV Fresh.

Sky Industry News Jul 31, 2024

The Lee County Board of Port Commissioners has appointed Steven C. Hennigan, C.M., A.C.E., as the executive director and CEO of the Lee County Port Authority as of July 30, 2024. In his new role, Hennigan will oversee the administration, operations, and development of Southwest Florida International Airport (RSW) and Page Field (FMY) in Fort Myers, Florida.

Sky Industry News Jul 31, 2024

Coach passengers can sometimes upgrade to business class to Asia on American Airlines for as little as $350. Delta has that beat, offering upgrades on flights from Europe to the West Coast for as little as $299.

Sky Industry News Jul 31, 2024

Before the pandemic, Southwest Airlines was profitable for 47 consecutive years—navigating through the economic challenges of the 1970s, deregulation, the aftermath of 9/11, and the Great Recession. While other airlines faced bankruptcy multiple times, Southwest was esteemed by the market as a well-managed and popular company.

Sky Industry News Jul 31, 2024

Bell Textron Inc., a subsidiary of Textron Inc. (NYSE: TXT), announced today the signing of a purchase agreement for a SUBARU Bell 412EPX helicopter with the Sarajevo Canton Ministry of Interior. This acquisition marks the establishment of the agency’s first helicopter unit, intended to support medical transport, citizen evacuation, and assistance during natural disasters and incidents.

Sky Industry News Jul 31, 2024

The International Air Transport Association (IATA) released data for June 2024 global passenger demand with the following highlights:

Sky Industry News Jul 31, 2024

In his initial question and answer session with employees after assuming the role of CEO at American Airlines, Robert Isom emphasized the importance of stringent cost control. Two and a half years ago, amid disappointing second-quarter earnings and projections of no profit in the third quarter, Isom highlighted that while revenue issues are fixable, he takes pride in their cost management.

Sky Industry News Jul 31, 2024

Neste will provide up to 1 million gallons (3,000 metric tons) of Neste MY Sustainable Aviation Fuel to United Airlines for use at Chicago O’Hare International Airport (ORD) in the U.S. through the end of 2024.

Sky Industry News Jul 31, 2024

Teleport and Wiremind signed a SKYPALLET implementation contract on June 1, 2024, following a successful Proof of Concept trial. The stepwise roll-out of the original SKYPALLET software version is now underway, with a subsequent SKYPALLET Version 2 deployment phase planned as soon as the product is launched later this year.

Sky Industry News Jul 31, 2024

Lufthansa Technik had a mixed economic picture after the first half of the year. While the global market leader in aircraft maintenance, repair, and overhaul (MRO) once again achieved a record result for the period from January to the end of June thanks to a very strong second quarter, the company is also experiencing strong pressure on the aviation industry as a whole.

Sky Industry News Jul 31, 2024

Delta and United Airlines have suspended service to Tel Aviv amid rising tensions between Israel and Iran, Hezbollah, and other Iranian-backed groups. This decision follows Israel's recent strike on Hamas leader Ismail Haniyeh at his residence in Tehran.

Sky Industry News Jul 31, 2024

JetBlue reported a surprising $25 million profit in the second quarter, which led to a 20% increase in its stock price during early trading. This uptick reflects market sentiment that values profitability over growth for the airline industry, given JetBlue's historical underperformance.

Sky Industry News Jul 30, 2024

Spirit Airlines, once known for its low fares and significant fees, is undergoing a major shift in its business model. The airline, which had been a leader in the industry for its profitability and rapid growth, is now moving towards offering bundled fare options and introducing a first-class service.

Sky Industry News Jul 30, 2024

Later this year, United Airlines will have the largest airline fleet in the world and is on track to surpass 1,000 mainline aircraft in the first quarter of 2025. The airline has already claimed to be the world’s largest carrier by seat miles, though not by passengers or departures, due to its long-haul-focused route network.

Sky Industry News Jul 30, 2024

The International Air Transport Association (IATA) has released data indicating a strong performance in global air cargo markets for June 2024.

Sky Industry News Jul 30, 2024

Aircraft jacks specialist Tangye is set to unveil new lightweight and portable jacks at stand C68 during the GSE Expo Europe in Lisbon. The new offerings include a 40-tonne model and an enhanced 100-tonne jack designed for handling larger aircraft. Tangye jacks are integral to services provided by many line maintenance, ‘aircraft on ground,’ and MRO companies.

Sky Industry News Jul 30, 2024

In April, the U.S. Department of Transportation (DOT) issued a new rule mandating airlines and ticket agents to fully disclose all add-on costs for baggage, changes, and cancellations upfront at the first instance of displaying itineraries and fares. The rule also requires airlines to automatically and promptly refund passengers when services like checked baggage and Wi-Fi are not delivered as promised.

Sky Industry News Jul 30, 2024

Cosmopolitan Las Vegas has integrated its Identity loyalty program into MGM Rewards, simplifying the reward system for its members. Previously, Cosmopolitan had its own loyalty scheme and a partnership with Marriott, which MGM also maintains.

Sky Industry News Jul 30, 2024