Air travel

Chairman of Avia Solutions Group Gediminas Ziemelis: 3 key trends in ACMI leasing as we enter 2024

Retrieved on: 
Friday, March 8, 2024

DUBLIN, March 8, 2024 /PRNewswire/ -- Gediminas Ziemelis, Chairman of Avia Solutions Group; the world's largest ACMI provider gave his insight for 2024 on aviation and how ACMI can create opportunity.

Key Points: 
  • DUBLIN, March 8, 2024 /PRNewswire/ -- Gediminas Ziemelis, Chairman of Avia Solutions Group; the world's largest ACMI provider gave his insight for 2024 on aviation and how ACMI can create opportunity.
  • Advances in automation and robotization also continue to show promising potential in terms of accelerating production and optimizing maintenance.
  • Labor shortages, financial limitations, supply-side issues, and the ongoing challenge of managing seasonality are all potential obstacles in airlines' quest for growth.
  • He spoke about the key trends related to these challenges, sharing some insights on how ACMI can help airlines to handle them.

Chairman of Avia Solutions Group Gediminas Ziemelis: 3 key trends in ACMI leasing as we enter 2024

Retrieved on: 
Friday, March 8, 2024

DUBLIN, March 8, 2024 /PRNewswire/ -- As we step into 2024, Gediminas Ziemelis, Chairman of Avia Solutions Group and a leading figure in ACMI leasing, outlines three pivotal trends shaping the aviation industry, particularly in the realm of ACMI leasing.

Key Points: 
  • DUBLIN, March 8, 2024 /PRNewswire/ -- As we step into 2024, Gediminas Ziemelis, Chairman of Avia Solutions Group and a leading figure in ACMI leasing, outlines three pivotal trends shaping the aviation industry, particularly in the realm of ACMI leasing.
  • Amidst a backdrop of a resurging demand for air travel, with projections nearing pre-pandemic levels, the aviation sector is poised for growth.
  • However, this optimism is tempered by enduring structural challenges including labor shortages, financial constraints, and supply chain disruptions, all of which ACMI leasing can strategically address.
  • With interest rates stabilizing but still high, traditional fleet expansion through borrowing becomes a risky endeavor amidst uncertain long-term demand.

Chairman of Avia Solutions Group Gediminas Ziemelis: 3 key trends in ACMI leasing as we enter 2024

Retrieved on: 
Friday, March 8, 2024

DUBLIN, March 8, 2024 /PRNewswire/ -- As we step into 2024, Gediminas Ziemelis, Chairman of Avia Solutions Group and a leading figure in ACMI leasing, outlines three pivotal trends shaping the aviation industry, particularly in the realm of ACMI leasing.

Key Points: 
  • DUBLIN, March 8, 2024 /PRNewswire/ -- As we step into 2024, Gediminas Ziemelis, Chairman of Avia Solutions Group and a leading figure in ACMI leasing, outlines three pivotal trends shaping the aviation industry, particularly in the realm of ACMI leasing.
  • Amidst a backdrop of a resurging demand for air travel, with projections nearing pre-pandemic levels, the aviation sector is poised for growth.
  • However, this optimism is tempered by enduring structural challenges including labor shortages, financial constraints, and supply chain disruptions, all of which ACMI leasing can strategically address.
  • With interest rates stabilizing but still high, traditional fleet expansion through borrowing becomes a risky endeavor amidst uncertain long-term demand.

Dr. Dennis Gross Skincare Announces its Premier Airline Partnership with JetBlue

Retrieved on: 
Wednesday, March 6, 2024

NEW YORK, March 6, 2024 /PRNewswire/ -- Dr. Dennis Gross Skincare brings clinical, science-backed skincare to the skies via a new partnership with JetBlue.

Key Points: 
  • NEW YORK, March 6, 2024 /PRNewswire/ -- Dr. Dennis Gross Skincare brings clinical, science-backed skincare to the skies via a new partnership with JetBlue.
  • "Skin hydration is critical during flights," says Dr. Dennis Gross, board-certified dermatologist and co-founder of Dr. Dennis Gross Skincare.
  • Carrie Gross, Chief Creative Officer of Dr. Dennis Gross Skincare, says, "We are excited to be partnering with JetBlue to offer an elevated in-flight experience to their Mint customers.
  • With Dr. Dennis Gross's hydrating and refreshing skincare products in our new Mint amenity kits, JetBlue customers will feel even more comfortable in their Mint suites."

Riyadh Air and IBM Take Further Steps Forward in their Collaboration to Redefine Travel Experiences

Retrieved on: 
Wednesday, March 6, 2024

RIYADH, Saudi Arabia, March 6, 2024 /PRNewswire/ -- IBM (NYSE: IBM ) announced today the next steps in their collaboration with Riyadh Air, the digital-native airline currently scheduled to commence operations in early 2025, to revolutionize the airline's travel experiences.

Key Points: 
  • RIYADH, Saudi Arabia, March 6, 2024 /PRNewswire/ -- IBM (NYSE: IBM ) announced today the next steps in their collaboration with Riyadh Air, the digital-native airline currently scheduled to commence operations in early 2025, to revolutionize the airline's travel experiences.
  • "We're on a mission to shape the future of air travel at Riyadh Air," said Tony Douglas, CEO at Riyadh Air.
  • "We're excited to extend our collaboration with Riyadh Air, working together to revolutionize the way people experience travel," said Arvind Krishna, Chairman and CEO at IBM.
  • This announcement builds upon Riyadh Air's ongoing collaboration with IBM Consulting, establishing the technology foundation for the digitally-led airline.

Riyadh Air and IBM Take Further Steps Forward in their Collaboration to Redefine Travel Experiences

Retrieved on: 
Wednesday, March 6, 2024

RIYADH, Saudi Arabia, March 6, 2024 /PRNewswire/ -- IBM (NYSE: IBM ) announced today the next steps in their collaboration with Riyadh Air, the digital-native airline currently scheduled to commence operations in early 2025, to revolutionize the airline's travel experiences.

Key Points: 
  • RIYADH, Saudi Arabia, March 6, 2024 /PRNewswire/ -- IBM (NYSE: IBM ) announced today the next steps in their collaboration with Riyadh Air, the digital-native airline currently scheduled to commence operations in early 2025, to revolutionize the airline's travel experiences.
  • "We're on a mission to shape the future of air travel at Riyadh Air," said Tony Douglas, CEO at Riyadh Air.
  • "We're excited to extend our collaboration with Riyadh Air, working together to revolutionize the way people experience travel," said Arvind Krishna, Chairman and CEO at IBM.
  • This announcement builds upon Riyadh Air's ongoing collaboration with IBM Consulting, establishing the technology foundation for the digitally-led airline.

Latin America Ecommerce Market Report 2023: GMV will Increase from $182.7 Billion in 2022 to Reach $269.8 Billion by 2027

Retrieved on: 
Wednesday, March 6, 2024

Ecommerce market in Latin America is expected to grow by 6.55% on annual basis to reach US$194.7 billion in 2023.

Key Points: 
  • Ecommerce market in Latin America is expected to grow by 6.55% on annual basis to reach US$194.7 billion in 2023.
  • Medium to long term growth story of Ecommerce industry in Latin America promises to be attractive.
  • The Ecommerce gross merchandise value in this region will increase from US$182.7 billion in 2022 to reach US$269.8 billion by 2027.
  • This report provides a detailed data-centric analysis of Ecommerce market dynamics, covering over 50+ KPIs in Latin America.

Weekly Recap: 12 Press Releases You Might Have Missed

Retrieved on: 
Friday, March 1, 2024

NEW YORK, March 1, 2024 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed.

Key Points: 
  • NEW YORK, March 1, 2024 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire.
  • To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed.
  • The list below includes the headline (with a link to the full text) and an excerpt from each story.
  • Click on the press release headlines to access accompanying multimedia assets that are available for download.

Paralyzed Veterans of America issues statement following the release of proposed changes, requested by PVA, that would improve air travel for wheelchair users

Retrieved on: 
Thursday, February 29, 2024

"Despite continued setbacks and delays, improving access to air travel for passengers with disabilities remains one of PVA's top priorities.

Key Points: 
  • "Despite continued setbacks and delays, improving access to air travel for passengers with disabilities remains one of PVA's top priorities.
  • Today's proposed changes by the Department of Transportation include several vital steps that would dramatically improve the air travel experience for people with disabilities.
  • We now urge wheelchair and scooter users to comment on this Notice of Proposed Rulemaking to ensure their voices are heard.
  • To join PVAction Force and encourage Congress to pass the final version of the FAA Reauthorization Act, as well as learn about safe, accessible air travel visit PVA.org/AirTravel .

Ontario International Airport adds Frontier Airlines service to El Paso, Houston and Seattle

Retrieved on: 
Thursday, February 29, 2024

ONTARIO, Calif., Feb. 28, 2024 /PRNewswire/ -- Ontario International Airport (ONT) officials welcomed news that Frontier Airlines will offer nonstop service to El Paso International Airport (ELP), increasing the number of nonstop destinations from the Southern California gateway to 26. The ELP service will be Frontier's 10th nonstop destination from ONT, and will operate three times a week beginning May 17.

Key Points: 
  • ONTARIO, Calif., Feb. 28, 2024 /PRNewswire/ -- Ontario International Airport (ONT) officials welcomed news that Frontier Airlines will offer nonstop service to El Paso International Airport (ELP), increasing the number of nonstop destinations from the Southern California gateway to 26.
  • The ELP service will be Frontier's 10th nonstop destination from ONT, and will operate three times a week beginning May 17.
  • Frontier also announced additional service from ONT to Seattle-Tacoma International Airport (SEA) and Houston's George Bush Intercontinental Airport (IAH).
  • Daily flights to Seattle will begin May 16, while the Houston service will be offered four times a week starting May 17.