Air travel

WestJet achieves significant reductions in aircraft emissions

Retrieved on: 
Wednesday, March 20, 2024
Sustainability, Air travel, Carbon, Aircraft, ICAO, AB, WestJet, International Civil Aviation Organization, Climate change, Growth, Aviation, Environment, Corporation, Airline

CALGARY, AB, March 20, 2024 /CNW/ - WestJet today reported an 11 per cent reduction in its fuel emissions intensity in 2023, compared to 20191.

Key Points: 
  • CALGARY, AB, March 20, 2024 /CNW/ - WestJet today reported an 11 per cent reduction in its fuel emissions intensity in 2023, compared to 20191.
  • The reductions align with the airline's commitment to responsible growth and the International Civil Aviation Organization's (ICAO) goal for achieving net zero carbon emissions by 2050.
  • The lower aircraft emissions intensity can be attributed to strategic initiatives including fleet modernization and a responsible shift in network planning.
  • By incorporating newer, more fuel-efficient aircraft and optimizing flight routes, WestJet is successfully curtailing its impact on the environment.

Riyadh Air joins United Nations Global Compact with the intention to incorporate United Nations Sustainability Goals across its operations

Retrieved on: 
Wednesday, March 20, 2024
Growth, Learning, Environment, Sustainable Development Goals, Air travel, ESG, GenX, Boeing 787 Dreamliner, Boeing, Transport, Aviation, United Nations Global Compact, KSA, Vision 2030, GDP, Atmosphere of Earth, USD, UN, Renewable energy

In a letter to António Guterres UN Secretary General, Riyadh Air CEO Tony Douglas officially committed Riyadh Air to implementing the Ten Principles of the UN Global Compact.

Key Points: 
  • In a letter to António Guterres UN Secretary General, Riyadh Air CEO Tony Douglas officially committed Riyadh Air to implementing the Ten Principles of the UN Global Compact.
  • As part of its aim to support the advancement of the 17 United Nations Sustainable Development Goals (SDGs) working alongside partners and stakeholders to drive progress towards these goals by 2030.
  • Riyadh Air will also publish its first Sustainability Report in advance of its maiden in mid-2025.
  • Ibrahim Alhelali, Executive Director, UNGC said, "We are pleased to announce that Riyadh Air has joined the UN Global Compact network in Saudi Arabia.

Riyadh Air joins United Nations Global Compact with the intention to incorporate United Nations Sustainability Goals across its operations

Retrieved on: 
Wednesday, March 20, 2024
Growth, Learning, Environment, Sustainable Development Goals, Air travel, ESG, GenX, Boeing 787 Dreamliner, Boeing, Transport, Aviation, United Nations Global Compact, KSA, Vision 2030, GDP, Atmosphere of Earth, Multimedia, USD, UN, Renewable energy

In a letter to António Guterres UN Secretary General, Riyadh Air CEO Tony Douglas officially committed Riyadh Air to implementing the Ten Principles of the UN Global Compact.

Key Points: 
  • In a letter to António Guterres UN Secretary General, Riyadh Air CEO Tony Douglas officially committed Riyadh Air to implementing the Ten Principles of the UN Global Compact.
  • As part of its aim to support the advancement of the 17 United Nations Sustainable Development Goals (SDGs) working alongside partners and stakeholders to drive progress towards these goals by 2030.
  • Riyadh Air will also publish its first Sustainability Report in advance of its maiden in mid-2025.
  • Ibrahim Alhelali, Executive Director, UNGC said, "We are pleased to announce that Riyadh Air has joined the UN Global Compact network in Saudi Arabia.

bnbfinder Survey Reveals 68% of Americans are Using a Travel Hack to Save on Vacation Rental Service Fees

Retrieved on: 
Wednesday, March 20, 2024
Friends, Millennials, Headache, Vacation, Air travel, Travel, Sand, Overalls, White Lotus, Airbnb, Family, Frustration, Tourism

"The data tells us there's a growing trend among savvy travelers to use sites like Airbnb or Vrbo almost like a search engine to source a vacation rental, and then explore ways to book that same property directly to sidestep paying service fees," said Eric Goldreyer, CEO and owner of bnbfinder. "At the same time, with many Americans expecting to spend more on their trips this year, it's evident travelers aren't just budget-driven -- they're craving overall value in their vacation rentals. At bnbfinder, we're committed to delivering a convenient and transparent one-stop-shop to find and book a range of professionally managed vacation rentals, without getting hit by service fees other platforms charge."

Key Points: 
  • At bnbfinder, we're committed to delivering a convenient and transparent one-stop-shop to find and book a range of professionally managed vacation rentals, without getting hit by service fees other platforms charge."
  • Traveler frustration with vacation rental website service fees is an 8 on a 1-10 scale.
  • An overwhelming majority (92%) of Americans say the best price is the most important factor when choosing where they book a vacation rental or other accommodation.
  • Additional survey findings from bnbfinder, the vacation rental site without service fees, can be found here .

Aircraft Component MRO Industry Report 2024: A Global $29.8 Billion Market by 2032, Driven by Rising Demand Driven by Aging Fleet and Regulatory Compliance

Retrieved on: 
Wednesday, March 20, 2024
Aircraft, Wear, Failure, Health, Component, Growth, Reputational damage, Air travel, COVID-19, Knowledge, MRO, Aviation, Investment, Safety, Ageing, Maintenance (technical)

DUBLIN, March 20, 2024 /PRNewswire/ -- The "Aircraft Component MRO Market Report by Aircraft Type, Component, Application, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 20, 2024 /PRNewswire/ -- The "Aircraft Component MRO Market Report by Aircraft Type, Component, Application, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering.
  • The global aircraft component MRO market size reached US$ 20.2 billion in 2023.
  • The rising adoption of aircraft component maintenance, repair and overhaul (MRO) due to the aging aircraft fleet is propelling the growth of the market.
  • What has been the impact of COVID-19 on the global aircraft component MRO market?

Aircraft Engine Test Cells Market worth $4.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, March 14, 2024
Aircraft, Compressor, Component, Growth, Projection, CEL, APU, WBA, Original equipment manufacturer, Noise, Business, Air travel, General aviation, UAV, MRO, Sale, Aviation, Acquisition, Software, Commercial, Commercial aviation, Calspan, Fixed, Life, SAF, OEM, Auxiliary power unit, Investment, VLA, Advanced Air Mobility, NBA, AAM, Rotorcraft, Gear, Hybrid electric vehicle, Airline

The market for aircraft engine test cell solutions has been divided into four segments based on engine tests: piston engine, APU, turbofan, turbojet, and turboshaft (Auxiliary Power Unit).

Key Points: 
  • The market for aircraft engine test cell solutions has been divided into four segments based on engine tests: piston engine, APU, turbofan, turbojet, and turboshaft (Auxiliary Power Unit).
  • Due to its superior altitude capability over other engine types, turbofans are expected to dominate the aircraft engine test cells market throughout the forecast period.
  • Based on solution type, the test cells segment is projected to lead the aircraft engine test cells industry during the forecast period.
  • The market for aircraft engine test cell solutions has been divided into test cell, component test bench, software, ancillary system, and data acquisition & control system.

Aircraft Engine Test Cells Market worth $4.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, March 14, 2024
Aircraft, Compressor, Component, Growth, Projection, CEL, APU, WBA, Original equipment manufacturer, Noise, Business, Air travel, General aviation, UAV, MRO, Sale, Aviation, Acquisition, Software, Commercial, Commercial aviation, Calspan, Fixed, Life, SAF, OEM, Auxiliary power unit, Investment, VLA, Advanced Air Mobility, NBA, AAM, Rotorcraft, Gear, Hybrid electric vehicle, Airline

The market for aircraft engine test cell solutions has been divided into four segments based on engine tests: piston engine, APU, turbofan, turbojet, and turboshaft (Auxiliary Power Unit).

Key Points: 
  • The market for aircraft engine test cell solutions has been divided into four segments based on engine tests: piston engine, APU, turbofan, turbojet, and turboshaft (Auxiliary Power Unit).
  • Due to its superior altitude capability over other engine types, turbofans are expected to dominate the aircraft engine test cells market throughout the forecast period.
  • Based on solution type, the test cells segment is projected to lead the aircraft engine test cells industry during the forecast period.
  • The market for aircraft engine test cell solutions has been divided into test cell, component test bench, software, ancillary system, and data acquisition & control system.

Future of Airport Industry Outlook worth $2,404 billion in 2040 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 11, 2024
Automation, Privacy, Waste management, Growth, Communication, Augmented reality, Air travel, COVID-19, Travel, Social media, Economic development, Aviation, Biometrics, Investment, Airport, Research report, Music, Aircraft, USD, Airline

CHICAGO, March 11, 2024 /PRNewswire/ -- According to a research report, ' Future of Airport Industry to 2030 ' published by MarketsandMarkets: Global Airport investment is estimated to reach USD 2,404 billion in 2040 from USD 200 billion in 2021, at a CAGR of 14.4%.

Key Points: 
  • CHICAGO, March 11, 2024 /PRNewswire/ -- According to a research report, ' Future of Airport Industry to 2030 ' published by MarketsandMarkets: Global Airport investment is estimated to reach USD 2,404 billion in 2040 from USD 200 billion in 2021, at a CAGR of 14.4%.
  • The airport industry's significant regional investments reflect a broader global trend toward expanding and upgrading airport infrastructure.
  • A significant portion is allocated towards terminal expansion and upgrades to improve passenger flow and experience.
  • Technology integration focuses on automation, self-service kiosks, biometric identification, and smart baggage systems to boost efficiency and the passenger experience.

Future of Airport Industry Outlook worth $2,404 billion in 2040 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 11, 2024
Automation, Privacy, Waste management, Growth, Communication, Augmented reality, Air travel, COVID-19, Travel, Social media, Economic development, Aviation, Biometrics, Investment, Airport, Research report, Music, Aircraft, USD, Airline

CHICAGO, March 11, 2024 /PRNewswire/ -- According to a research report, ' Future of Airport Industry to 2030 ' published by MarketsandMarkets: Global Airport investment is estimated to reach USD 2,404 billion in 2040 from USD 200 billion in 2021, at a CAGR of 14.4%.

Key Points: 
  • CHICAGO, March 11, 2024 /PRNewswire/ -- According to a research report, ' Future of Airport Industry to 2030 ' published by MarketsandMarkets: Global Airport investment is estimated to reach USD 2,404 billion in 2040 from USD 200 billion in 2021, at a CAGR of 14.4%.
  • The airport industry's significant regional investments reflect a broader global trend toward expanding and upgrading airport infrastructure.
  • A significant portion is allocated towards terminal expansion and upgrades to improve passenger flow and experience.
  • Technology integration focuses on automation, self-service kiosks, biometric identification, and smart baggage systems to boost efficiency and the passenger experience.

EQS-News: Flughafen Wien AG announces successful results in 2023

Retrieved on: 
Wednesday, March 13, 2024
F&B, Wien Hauptbahnhof, Air travel, Restaurant, Terminal 3, Investment, Growth, Airport, Retail, Risk, Lobau, Vienna International Airport, Ofner, Electricity, Sport, Food, Hospitality, Airline

As co-owners with a 10% shareholding, the employees of Flughafen Wien AG also benefit.

Key Points: 
  • As co-owners with a 10% shareholding, the employees of Flughafen Wien AG also benefit.
  • All employees working for Flughafen Wien AG will also benefit via the employee foundation, which holds 10% of the company’s shares.
  • The Flughafen Wien Group generated total revenue of € 931.5 million in the 2023 financial year, comprising a year-on-year rise of 34.5%.
  • Flughafen Wien AG/Flughafen Wien Group assumes no obligation whatsoever to update these forward-looking statements or to adapt them to future events or developments.