/News

Boeing Announces Launch of Concurrent Offerings of Common Stock and Depositary Shares

Source: Boeing The Boeing Company("Boeing" or the "Company") announced today the launch of concurrent separate underwritten public offerings of (i) 90,000,000 shares of common stock, par value $5.00 per share ("Common Stock") of the Company and (ii) $5 billion of depositary shares ("Depositary Shares"), each representing a 1/20th interest in a share of newly issued Series A Mandatory Convertible Preferred Stock, par value $1.00 per share ("Preferred Stock"), of the Company (together, the "Offerings"). Boeing expects to grant to the underwriters of the Offerings a 30-day option to purchase up to an additional (i) 13,500,000 shares of Common Stock and (ii) $750 million of Depositary Shares, solely to cover over-allotments, if any. Boeing intends to use the net proceeds from [...]

2024-10-28T12:52:40+02:00October 28th, 2024|MANUFACTURERS, News|

American Airlines and Florida Memorial University partner to expand access to aviation careers

Source: American Airlines $150K grant from American Airlines to support Florida Memorial University’s Wayman Aviation Academy American Airlines is proud to announce its donation of a $150,000 grant to Florida Memorial University (FMU) in support of the school's Wayman Aviation Academy, which provides access to careers in aviation for underrepresented students and develops top aviation talent. The contribution furthers American’s mission to create awareness and access to opportunities in aviation. “We are thrilled to partner with Florida Memorial University and support the Wayman Aviation Academy,” said Christina Flores, Managing Director of Global Talent Acquisition at American. “Through this grant and our continued engagement, we are committed to ensuring the next generation of aviation professionals reflects our customers and the communities [...]

2024-10-28T12:49:50+02:00October 28th, 2024|AIRLINES, News|

Inclusion as a driving force in aviation: ALTA and CEI form partnership

Source: ALTA Inclusion and diversity have proven to be essential for innovation and growth across all sectors, and aviation is no exception. In an industry historically dominated by men, aircraft maintenance is gradually making more room for female talent. In this context, the Latin American and Caribbean Air Transport Association (ALTA) and the Corporación Educativa Indoamericana (CEI) of Colombia have joined forces to establish a significant partnership aimed at promoting the inclusion of women in the sector. The collaboration was formalized on October 18 with the signing of a Memorandum of Understanding (MoU), which lays the foundation for the selection process and the awarding of scholarships through ALTA's "Girls with Goals" Scholarship Program. As a result of the voluntary efforts [...]

2024-10-25T20:51:07+03:00October 25th, 2024|News, ORGANISATIONS|

Iberia celebrates 50 years connecting Madrid and Dakar

Source: Iberia On October 24, the 50th anniversary of the start of Iberia flights to Dakar was celebrated A Boeing 727 aircraft was in charge of operating the route with 153 passengers on board In 2024, Iberia has put more than 220,000 seats on sale, an increase of 40% compared to 2019 Iberia celebrates 50 years of flights between Madrid and Dakar. To commemorate this special date, the Spanish airline organized an event at the residence of the Ambassador of Spain in Senegal, Dolores Ríos Pese. On behalf of the Spanish airline, Juan Carlos Alvarez Flores, Iberia's Africa commercial delegate, and Jose Emilio García Martínez, Iberia's commercial representative in Senegal, were in charge of the event, where, in addition to [...]

2024-10-25T20:14:43+03:00October 25th, 2024|AIRLINES, News|

Viva Aerobus: Resilient Business Model and Disciplined Capacity Management Delivering Profitability in a Challenging Environment

Source: Viva Aerobus Grupo Viva Aerobus, S.A. de C.V. ("Viva Aerobus" or “Viva”), the parent company of Aeroenlaces Nacionales S.A. de C.V., announced today its 3Q 2024 financial results. Juan Carlos Zuazua, Chief Executive Officer, commented: “I am extremely proud of our Gente Viva, who have been navigating the P&W engine recall crisis and extreme weather events with the utmost commitment to protecting our passengers, employees, and our business. Despite facing one of the most challenging operational environments in recent memory, our resilient and flexible ULCC business model and disciplined capacity management have allowed us to continue our profitability path on a net income basis. While our unit costs continue to feel pressure from the P&W engine inspections due to [...]

2024-10-25T20:39:37+03:00October 25th, 2024|AIRLINES, News|

TSA announces final rule that enables the continued acceptance of mobile driver’s licenses at airport security checkpoints and federal buildings

Source: TSA Rule allows for continued use of mobile driver's licenses for identity verification in support of REAL ID enforcement, which starts on May 7, 2025 Consistent with the Transportation Security Administration's (TSA) efforts to enhance the passenger experience, TSA published a final rule in the Federal Register that would allow passengers to continue using mobile driver's licenses (mDL) for identity verification at TSA airport security checkpoints once REAL ID enforcement begins on May 7, 2025. The final rule, effective November 25, 2024, allows states to apply to TSA for a temporary waiver of certain REAL ID requirements written in the REAL ID regulations. Once approved, those state mDLs will continue to be accepted at TSA airport security checkpoints. TSA [...]

2024-10-25T20:52:58+03:00October 25th, 2024|News, ORGANISATIONS|

Houston Airports secures $9.6 million in federal funding for upgrades at Bush Airport

Source: Houston Airports The U.S. Department of Transportation’s Federal Aviation Administration (FAA) awarded Houston Airports and George Bush Intercontinental Airport (IAH) $9.6 million under the Airport Terminal Program, funded by the Bipartisan Infrastructure Law. The grant money will fund the reconstruction of the post-security Skyway people mover system at George Bush Intercontinental Airport (IAH) to improve ADA access and increase the efficient movement of passengers and baggage among the airport’s five terminals. This grant will also fund the reconstruction of the existing terminal people mover railway infrastructure between Terminals A and B, which has reached the end of its useful life. Bush Airport’s infrastructure improvement project is one of 128 projects selected at 125 airports for $970 million in federal [...]

2024-10-25T20:56:00+03:00October 25th, 2024|AIRPORTS, News|

G20 Ministers show strong recognition for ICAO’s aviation decarbonization initiatives 

Source: ICAO The recent G20 Energy Transitions Ministerial Meeting held in Foz do Iguaçu, Brazil, from 1 to 4 October 2024, gave significant recognition to ICAO for its efforts to decarbonize the aviation sector. ICAO Secretary General Juan Carlos Salazar actively participated in the event, emphasizing the critical role of aviation's clean energy transition in the global energy landscape and advocating for ICAO's ongoing initiatives to the G20 Energy Ministers. At the Roundtable on "Unlocking Future Fuels" earlier this mopnth, Mr. Salazar emphasized the importance of sustainable aviation fuels and clean energies in achieving ICAO's Long-Term Global Aspirational Goal (LTAG) of net-zero carbon emissions by 2050. "We are already witnessing significant progress across the fuel industry value chain, and this [...]

2024-10-24T16:42:36+03:00October 24th, 2024|News, ORGANISATIONS|

United Launches Largest Winter Schedule Ever with a Focus on Latin America, Africa & Southern Europe, Plus Ski and Sun Destinations Across the U.S.

Source: United Airlines United will operate nearly 4,600 flights per day during peak winter season, adding flights at more than 140 U.S. airports and inaugurating service to four new international destinations United continues its growth in Latin America as the airline expects to be nearly 10% larger this winter compared to last year United expects its busiest-ever winter season with growing international demand United's winter schedule officially launches on October 24 with the addition of nonstop service to Marrakesh, Morocco After a record-setting summer season with nearly 48 million customers traveling with United, today the airline makes it even easier for customers to keep adventuring as temperatures cool down. United is flying its largest winter schedule in company history* with [...]

2024-10-24T15:54:40+03:00October 24th, 2024|AIRLINES, News|

Star Alliance Management Team Firmly Focused on Seamless Customer Experience

Source: Air Canada Welcomes Ambar Franco as Vice President, Customer Experience to reinforce commitment to diverse leadership and industry expertise Together with CEO Theo Panagiotoulias, key executives committed to realising the vision of an effortlessly connected world Star Alliance, the world's leading global airline alliance, firmed up its key management appointments aimed at further enhancing its strategic focus on a seamless experience for member airline customers as they benefit from the Star Alliance network. Ambar Franco joins Star Alliance as Vice President, Customer Experience. Franco will lead the development and implementation of initiatives designed to enhance the overall customer journey across the alliance: their booking experience, the experience of customers at airports and when they connect between Star Alliance member [...]

2024-10-24T15:51:03+03:00October 24th, 2024|AIRLINES, News, ORGANISATIONS|