Airline

Lilium partners with PhilJets to bring eVTOLs to Asia, starting with the Philippines

Retrieved on: 
Monday, February 19, 2024

The Lilium Jet is purpose built to meet the transportation challenges of the Philippines.

Key Points: 
  • The Lilium Jet is purpose built to meet the transportation challenges of the Philippines.
  • Thierry Tea, Chairman, PhilJets, said: “Our team is proud to collaborate with Lilium on the mission to transform the Philippine´s mobility with eVTOLs.
  • With its growing economy, geography and important tourism industry, the Philippines is a great match to the Lilium Jet´s capabilities.
  • The Philippines is well suited for eVTOLs to effectively connect thousands of islands together through sustainable and high-speed air mobility.

Bombardier’s Proven Global 7500 Makes Debut at Singapore Airshow, Smoothest-flying Ultra-Long-Range Business Jet

Retrieved on: 
Monday, February 19, 2024

Truly in a class of its own, the Global 7500 aircraft has transformed business aviation with its refined design, unsurpassed performance and outstanding technological advancements.

Key Points: 
  • Truly in a class of its own, the Global 7500 aircraft has transformed business aviation with its refined design, unsurpassed performance and outstanding technological advancements.
  • The ultra-long-range Global 7500 aircraft has proven to be the highest performing purpose-built business jet in the world.
  • “The Global 7500 aircraft is the perfect choice for our Asia-Pacific customers seeking the finest business jet for long-distance travel.
  • For customers or media interested in exploring the Global 7500 on display at the Singapore Airshow, visits are available by appointment.

Indy Ski Pass Signs 12 New Partners - Now on Sale to the Public on a First-Come, First-Served Basis Until Sold out

Retrieved on: 
Friday, March 8, 2024

"These 12 new partners are just the beginning of our additions for next season; we are nowhere close to done," said Indy Pass director Erik Mogensen.

Key Points: 
  • "These 12 new partners are just the beginning of our additions for next season; we are nowhere close to done," said Indy Pass director Erik Mogensen.
  • Season passholders at any Indy Partner Resort will again receive 25% off all pass products by purchasing the Indy AddOn Pass.
  • The Indy AddOn Pass aims to support season pass sales for all of Indy's Partners while providing a unique opportunity to sample other independent resorts.
  • Passholders may request a refund for an unused pass before December 1, 2024, if the number of Indy Pass resort partners is less than 200 by November 15, 2024.

China Eastern Airlines carries nearly 16.5 million passengers during Spring Festival travel rush

Retrieved on: 
Friday, March 8, 2024

China Eastern Airlines, along with its subsidiaries Shanghai Airlines and China United Airlines, operated a total of 106,800 passenger flights, transporting nearly 16.5 million passengers, with an average load factor exceeding 82%.

Key Points: 
  • China Eastern Airlines, along with its subsidiaries Shanghai Airlines and China United Airlines, operated a total of 106,800 passenger flights, transporting nearly 16.5 million passengers, with an average load factor exceeding 82%.
  • As the largest home based airline in Shanghai, China Eastern Airlines facilitated over 44,000 arriving and departing flights at the Shanghai Hongqiao International Airport and Shanghai Pudong International Airport during the Spring Festival travel rush.
  • "Outbound travel" became one of the key words for this year's Spring Festival travel rush.
  • Furthermore, China Eastern Airlines' industry-leading "full-journey online" in-flight Wi-Fi service also experienced a peak in usage during this year's Spring Festival travel rush.

Yingling Aviation Acquires Mid-Continent Aviation Services

Retrieved on: 
Thursday, March 7, 2024

Yingling Aviation (“Yingling”), a leading, full-service provider of maintenance, repair, and overhaul (MRO) and fixed-base operation (FBO) services to business and general aviation customers throughout the United States, announced that it has acquired Mid-Continent Aviation Services (“MCAS”), a full-service MRO also located at Wichita’s Dwight D. Eisenhower National Airport (ICT).

Key Points: 
  • Yingling Aviation (“Yingling”), a leading, full-service provider of maintenance, repair, and overhaul (MRO) and fixed-base operation (FBO) services to business and general aviation customers throughout the United States, announced that it has acquired Mid-Continent Aviation Services (“MCAS”), a full-service MRO also located at Wichita’s Dwight D. Eisenhower National Airport (ICT).
  • Founded in 2010, MCAS provides a wide range of services to business aviation customers, including aircraft MRO, parts, technical assistance, and sales support.
  • With the addition of MCAS, Yingling continues to expand its presence in Wichita while gaining access to MCAS’ deep expertise, highly-skilled professionals, and state-of-the-art 80,000+ square foot facility.
  • “We are very excited to welcome MCAS to the Yingling family and look forward to working with their seasoned group of world-class technicians,” said Bob Rasberry, CEO, Yingling Aviation.

KBRA Assigns 'A' Rating to Chicago Midway Airport Senior Lien Airport Revenue Refunding Bonds Series 2024A (AMT) and Series 2024B (Non-AMT); Affirms Rating for Parity Bonds; Withdraws Rating for Second Lien Airport Revenue Bonds

Retrieved on: 
Thursday, March 7, 2024

KBRA assigns a long-term rating of A with a Stable Outlook to the City of Chicago, IL Chicago Midway Airport: Senior Lien Airport Revenue Refunding Bonds, Series 2024A (AMT); and, Senior Lien Airport Revenue Refunding Bonds, Series 2024B (Non-AMT).

Key Points: 
  • KBRA assigns a long-term rating of A with a Stable Outlook to the City of Chicago, IL Chicago Midway Airport: Senior Lien Airport Revenue Refunding Bonds, Series 2024A (AMT); and, Senior Lien Airport Revenue Refunding Bonds, Series 2024B (Non-AMT).
  • KBRA additionally affirms the long-term rating of A for parity Senior Lien Airport Revenue Bonds.
  • Finally, KBRA withdraws the long-term rating of A for the City's Chicago Midway Airport Second Lien Airport Revenue Bonds.
  • This action follows the City's retirement of all remaining legacy First Lien Bonds, closure of the previously existing first lien, and redesignation of outstanding Second Lien Bonds as Senior Lien Bonds under the Amended and Restated Senior Lien Master Indenture of Trust.

Saudia Cargo Goes Live with RTS Velocity and AcceleRate and Foresight Solutions

Retrieved on: 
Thursday, March 7, 2024

Revenue Technology Services (RTS), provider of profit optimization tools for the travel and transportation industry, announced that Saudia Cargo, one of the world’s leading cargo airlines, went live with RTS Velocity, AcceleRate and Foresight solutions as part of a phased approach.

Key Points: 
  • Revenue Technology Services (RTS), provider of profit optimization tools for the travel and transportation industry, announced that Saudia Cargo, one of the world’s leading cargo airlines, went live with RTS Velocity, AcceleRate and Foresight solutions as part of a phased approach.
  • These two solutions work seamlessly together to enhance efficiency for Saudia Cargo.
  • Mansour Alasmi added: “With RTS's cutting-edge solutions Velocity, AcceleRate and Foresight seamlessly integrated into our operations, we're empowered to make data-driven pricing decisions.
  • This accomplishment strengthens our global partnership, setting new standards and inspiring us to reach even greater heights.”
    Mukundh Parthasarathy, Head of Cargo solutions at RTS, said: “Our vision of an end-to-end decision support solution suite for cargo has been realized with Saudia Cargo with Velocity, Foresight and AcceleRate.

flyExclusive Adds First Challenger 350 to Fractional Fleet

Retrieved on: 
Wednesday, March 6, 2024

flyExclusive , (NYSEAMERICAN: FLYX) (“flyExclusive” or the “Company”) a provider of premium private jet charter experiences, today announced that it has added the first Challenger 350 super-midsize aircraft to its fractional program.

Key Points: 
  • flyExclusive , (NYSEAMERICAN: FLYX) (“flyExclusive” or the “Company”) a provider of premium private jet charter experiences, today announced that it has added the first Challenger 350 super-midsize aircraft to its fractional program.
  • “With the addition of the Challenger 350 to our fractional fleet, customers will have the chance to own a jet that boasts a cross-country, nonstop range in the largest cabin in the super-midsize category,” CEO and founder Jim Segrave said.
  • The arrival of the aircraft signals the next phase of the company’s strategic focus on modernizing its fleet and expanding its fractional program.
  • Amenities in flyExclusive’s new Challenger 350:

LocatorX Names UPS Veteran Mike Jones as CFO

Retrieved on: 
Wednesday, March 6, 2024

LocatorX names Mike Jones as its next Chief Financial Officer.

Key Points: 
  • LocatorX names Mike Jones as its next Chief Financial Officer.
  • Jones, who will be replacing Eddie Northen, brings over 30 years of experience at UPS, spending time in multiple divisions including Airline, Package Operations, and Supply Chain.
  • He served as VP of Investor Relations at UPS and was recognized as a Top IR Executive in the Transportation sector.
  • Mike was also the CFO of UPS Global Freight Forwarding, which included Air and Ocean Freight and Brokerage Services, and UPS Airlines, one of the largest worldwide cargo airlines.

OsaBus Expands Fleet with New Setra and Volvo Buses, Enhancing Passenger Transportation in Bavaria and Beyond

Retrieved on: 
Tuesday, March 5, 2024

This strategic move is set to revolutionize passenger transportation in Bavaria and across Germany, cementing OsaBus’s position as a leader in the transportation sector.

Key Points: 
  • This strategic move is set to revolutionize passenger transportation in Bavaria and across Germany, cementing OsaBus’s position as a leader in the transportation sector.
  • With a firm commitment to delivering exceptional service and comfort, OsaBus’s Munich office has meticulously selected state-of-the-art Setra and Volvo buses to meet the growing demand for high-quality, reliable transportation solutions.
  • These new additions are not just buses; they are a testament to OsaBus’s dedication to innovation, safety, and customer satisfaction.
  • With this latest acquisition, OsaBus is set to further strengthen its presence in the German market, particularly in Bavaria.