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So far Jeff Peet has created 10922 blog entries.

Nominations Open for 2025 IATA’s Diversity and Inclusion Awards

Source: IATA The International Air Transport Association (IATA) opened nominations for the sixth edition of the IATA Diversity and Inclusion Awards. Nominations are welcome from individuals and organizations advancing diversity and inclusion in the aviation sector. The Awards categories include: The Inspirational Role Model Award recognizes a woman holding a senior position within the air transport industry who has had substantial impact on diversity and inclusion in aviation through her significant influence at global level. The High Flyer Award recognizes a female aviation professional under the age of 40 who has demonstrated leadership through concrete action in favor of diversity and inclusion, making a positive impact on the industry. The Diversity & Inclusion Team Award recognizes an airline that has achieved measurable positive [...]

2025-02-21T08:07:05+02:00February 21st, 2025|News, ORGANISATIONS|

Aena celebrates ten years on the stock market as the world’s leading airport company by market capitalisation and the sixth largest listed company in Spain

Source: Aena Aena has a market capitalisation of 32,490 million euros on the Spanish stock market Its shares have appreciated by 273.4%, from 58 euros at the starting price on 11 February 2015 to 216.6 euros at the close on Friday, an all-time high Aena has paid its shareholders 4,857 million euros in dividends over nine years (2015-2023), in nominal terms. 51% of this amount (2,477.1 million euros) has been received by the State as the majority shareholder, which, moreover, does not make public contributions to the company, as Aena is self-financing "We are aware of Aena's dual commitment: to society and the territories that host the airports, and to public and private shareholders", Chairman and CEO, Maurici Lucena Aena [...]

2025-02-21T08:18:05+02:00February 21st, 2025|AIRPORTS, News|

Air Canada Fourth Quarter and Full Year 2024 Financial Results

Source: Air Canada Record operating revenues of $5.404 billion for the fourth quarter, 4% higher year over year. Record operating revenues of $22.255 billion for the full year 2024, 2% higher year over year. Purchased and cancelled all 35,783,842 shares, including over 20 million shares in 2024, available under its normal course issuer bid. Full year operating income of $1.263 billion and adjusted EBITDA* of $3.586 billion, a year-over-year decrease of $1.016 billion and $396 million, respectively. Full year cash flow from operating activities of $3.930 billion and free cash flow* of $1.294 billion, a year-over-year decrease of $390 million and $1.462 billion respectively. Leverage ratio* of 1.4 as at December 31, 2024, compared to 1.1 at end of 2023. [...]

2025-02-21T08:30:36+02:00February 21st, 2025|AIRLINES, News|

Boeing Appoints Jeff Shockey to lead Government Operations, Global Public Policy & Corporate Strategy

Source: Boeing Boeing has announced Jeff Shockey as the company's new executive vice president of Government Operations, Global Public Policy & Corporate Strategy, effective Feb. 24. Shockey will lead Boeing's global public policy efforts, including U.S. federal, state and local government operations and sustainability, as well as the company's global philanthropic organization Boeing Global Engagement. Additionally, Shockey will ensure a cohesive corporate strategy to communicate Boeing's business interests and drive engagement with public and private stakeholders. He will report to Boeing President and CEO Kelly Ortberg and serve on the company's Executive Council. "Jeff's tremendous record of accomplishment across more than 30 years in government, government relations and business development will be an asset as we work to restore trust [...]

2025-02-21T07:32:23+02:00February 21st, 2025|MANUFACTURERS, News|

Air Traffic Managed by NAV Portugal Grows 7.5% and Breaks New Record

Source: NAV Portugal NAV Portugal controlled 917,077 IFR flights in Portuguese airspace in 2024, an increase of 7.5 per cent compared to 2023, and a new annual high. Last year's figures confirm the sustained growth trend in aviation and NAV Portugal's ability to respond to the increased demand without compromising its high standards of safety and efficiency. In 2024, NAV Portugal managed to reduce the average delays per controlled IFR movement en route, with this indicator standing at 0.39 minutes, a 14 per cent reduction compared to 2023. This reduction was achieved in a context of record levels of traffic, which is a milestone worth highlighting, says Pedro Ângelo, CEO of NAV Portugal: “Despite the significant growth in traffic, we have [...]

2025-02-21T08:26:44+02:00February 21st, 2025|News, ORGANISATIONS|

ICAO calls on states, aircraft operators and other stakeholders to enhance support for air crash victims and their families

Source: ICAO On the occasion of International Day Commemorating Air Crash Victims and their Families, ICAO Council President Salvatore Sciacchitano has issued the following statement: "Recent tragic events in our skies serve as stark reminders that, despite aviation's remarkable safety record, each accident represents not just a statistic, but profound human loss. Every life lost is a story unfinished, a family forever changed. This solemn reality reinforces our responsibility to ensure no family suffers in isolation. For nearly five decades, since the introduction of provisions in Annex 13 in 1976, ICAO has progressively developed comprehensive frameworks for victim assistance. While we have established robust standards, policies, and detailed guidance for States, our recent audits reveal that only 5% of Member [...]

2025-02-20T11:01:26+02:00February 20th, 2025|News, ORGANISATIONS|

ACI-LAC Welcomes Ricondo as a New World Business Partner

Source: ACI-LAC Airports Council International Latin America and Caribbean (ACI-LAC) is pleased to welcome Ricondo as a new World Business Partner. This partnership strengthens Ricondo's commitment to the development of aviation in the region through strategic consulting services and specialized advisory for airports. With a solid track record in the industry, Ricondo is recognized for its comprehensive and objective approach to airport consulting. Its team of experts provides solutions in planning, operations, finance, and sustainability, supporting airports in optimizing management and growth. As an independent, employee-owned firm, Ricondo stands out for its commitment to excellence and innovation in the sector. "We are excited to welcome Ricondo to our network of business partners," said Rafael Echevarne, Director General of ACI-LAC. "Their [...]

2025-02-20T10:54:20+02:00February 20th, 2025|News, ORGANISATIONS|

Ca’arbom joins ALTA as a new member

Source: ALTA Ca’arbom is a Brazilian climatech company dedicated to offering innovative solutions to mitigate the global challenges of climate change, especially in the aviation sector Ca’a means "forests" in the indigenous Tupi language. This word is the reference for Ca’arbom, a Brazilian climatech company dedicated to offering innovative solutions to mitigate the global challenges of climate change, especially in the aviation sector. Its name also alludes to "good air" and "carbon," key elements of the ClimateTech’s mission. Ca’arbom now joins the Latin American and Caribbean Air Transport Association (ALTA) as a new member. Currently, Ca’arbom and its partner BrCarbon are working on an ambitious project called Brazilian Amazon. “It is the world's largest carbon credit generation project. Covering 30,000 [...]

2025-02-20T10:43:31+02:00February 20th, 2025|News, ORGANISATIONS|

TIACA’s Announces the Nomination Period is Open for the Two New Industry Leadership Awards

Source: TIACA The International Air Cargo Association (TIACA) announced the official nomination period for the of Two new industry leadership awards has opened. The two new awards are designed to recognize Inspirational Leaders of today and Rising Stars of tomorrow. The two new awards and the TIACA Hall of Fame award will be presented at the 2025 TIACA Executive Summit, June 23-25, Hong Kong.  The first of the new Awards, the Inspirational Leadership Award, will recognize an individual who has been identified by the next generation of air cargo professionals as an inspirational figure who has demonstrated a profound impact on the air cargo industry during the previous 12 months. The Leadership Award will be selected by an independent jury [...]

2025-02-20T11:03:30+02:00February 20th, 2025|News, ORGANISATIONS|

U.S. Air Travel Consumer Report: November 2024 Numbers

Source: US DOT The U.S. Department of Transportation (DOT) released its Air Travel Consumer Report (ATCR) on airline operational data compiled for the month of November 2024 for on-time performance, mishandled baggage, and mishandled wheelchairs and scooters. The ATCR is designed to assist consumers with information on the quality of services provided by airlines. For November 2024, 0.5% of flights were cancelled, higher than the 0.1% cancellation rate for November 2023. Flight Operations The 611,793 flights operated in November 2024 were 102.14% of the 598,987 flights operated in November 2023. Operated flights in November 2024 were up 2.14% year-over-year from the 598,987 flights operated in November 2023 and down 5.87% month-over-month from 649,969 flights operated in October 2024. In November [...]

2025-02-20T11:04:16+02:00February 20th, 2025|News, ORGANISATIONS|