Source: travelX We are honored to announce our new team player, Erika Moore as Chief Officer of Travel Supply.  Erika Moore has more than 20 years of experience in both Travel and Technology Industries. Described as visionary and innovative, she has successfully led commercial teams through transformation and crisis management while driving revenue growth and global expansion. “I’ve always been known for driving change and generating some form of disruption, but it was always pretty much within the guardrails of more traditional technology and known commercial models. I’ve done airline, TMC, GDS, Airline IT and now it’s time to take all of that and drive true transformation using next-gen technology, challenging the status quo. TravelX’s vision, using NFTs and generating [...]

Source: SITA The digital solutions support safer, easier, and more secure travel with potential economic benefits SITA announced the launch of SITA eVisa and SITA Electronic Travel Authorization to meet the rapidly growing demand from governments for digital visa systems to stimulate national economies after COVID-19, strengthen security and improve the travel experience. Governments globally are shifting to modern travel authorization solutions, like electronic visas and Electronic Travel Authorizations (ETAs). According to the World Travel & Tourism Council (WTTC), traditional visas – applications made via a consulate or embassy – decreased from 77% in 2008 to 53% in 2018. There is a growing demand for digital travel solutions. The advantages of digital authorization solutions include improved security, reduced administrative burden, easier travel, and [...]

Source: Pratt & Whitney GTF fleet has saved more than 800 million gallons of fuel and more than eight million metric tons of carbon emissions to date Pratt & Whitney today announced that it has started FAR33 certification testing of the GTF Advantage engine. The company continues to run extensive endurance testing to ensure product maturity at entry into service, building on more than 15 million of hours of service experience. To date the engine has completed more than 2,000 hours of development and certification testing, including a successful test on 100% sustainable aviation fuel (SAF) earlier this year. "GTF Advantage offers even more value to our customers, especially on longer-range aircraft like the A321XLR," said Rick Deurloo, president of Commercial Engines [...]

Source: SITA The $400m transaction was oversubscribed and is linked to the company’s sustainability performance SITA, a global IT provider for the aviation industry, has signed a $400m inaugural sustainability-linked revolving credit facility over a minimum three-year term. The backup facility will support the company’s general business needs, such as developing new solutions and strategies to alleviate the air transport industry’s challenges of today and in the future. The syndication was oversubscribed. As part of the arrangement, four new banks have signed up to support SITA in addition to the company’s five existing banking partners, underlining investor confidence in the technology provider. SITA’s robust cost control, effective cash management, and strengthening green credentials are factors contributing to investor interest. This [...]