GTAA

TMX Group Opens the Market

Retrieved on: 
Friday, March 8, 2024

International Women's Day is a global day celebrating the social, economic, cultural and political achievements of women.

Key Points: 
  • International Women's Day is a global day celebrating the social, economic, cultural and political achievements of women.
  • The day also marks a call to action for accelerating gender parity.
  • Significant activity is witnessed worldwide as groups come together to celebrate women's achievements or rally for women's equality.
  • Marked annually on March 8th, International Women's Day is one of the most important days of the year to celebrate women's achievements, raise awareness about women's equality, lobby for accelerated gender parity, and fundraise for female-focused charities.

SKT, Deutsche Telekom, e&, Singtel, and SoftBank Corp. Announce Plan to Establish a Joint Venture

Retrieved on: 
Monday, February 26, 2024

Through the Joint Venture Company, the five companies plan to develop Large Language Models (LLMs) specifically tailored to the needs of telecommunications companies (telcos).

Key Points: 
  • Through the Joint Venture Company, the five companies plan to develop Large Language Models (LLMs) specifically tailored to the needs of telecommunications companies (telcos).
  • Deutsche Telekom boasts about 250 million subscribers across 12 countries, including Germany and the U.S.
  • Compared to general LLMs, telco-specific LLMs are more attuned to the telecommunications domain and better at understanding user intent.
  • And our joint venture brings Europe and Asia closer together," said Claudia Nemat, Board Member Deutsche Telekom for Technology and Innovation.

Greater Toronto Airports Authority and air carriers enter into airline partnership agreements

Retrieved on: 
Wednesday, December 20, 2023

TORONTO, Dec. 20, 2023 /CNW/ - The Greater Toronto Airports Authority (GTAA) has entered into Airline Partnership Agreements with several airlines for a new rebate program aimed at driving better performance and passenger experience at Canada's busiest airport.

Key Points: 
  • TORONTO, Dec. 20, 2023 /CNW/ - The Greater Toronto Airports Authority (GTAA) has entered into Airline Partnership Agreements with several airlines for a new rebate program aimed at driving better performance and passenger experience at Canada's busiest airport.
  • Airlines representing approximately 90% of seats at Toronto Pearson are eligible to earn rebates by achieving certain passenger volume thresholds and meeting targets related to operational performance, including on-time departures and timely baggage delivery.
  • These agreements are expected to help the GTAA achieve financial sustainability in two ways: incentivizing passenger growth and reducing the expected rebates the GTAA pays to carriers compared to previous long-term agreements ending December 31, 2023.
  • Pearson's aeronautical fees combined with the rebate program are competitive to other large airports across North America, which reinforces Toronto Pearson's standing as a leading global hub.

New Tech and AI platform Keep Passengers Moving Safely and Efficiently at Toronto Pearson Airport

Retrieved on: 
Thursday, December 14, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231214527378/en/
    Axis Communications intelligent network cameras and Zensors artificial intelligence platform improve Toronto Pearson Airport experience.
  • (Photo: Business Wire)
    Toronto Pearson Airport is the largest and busiest airport in Canada, and second-busiest airport in North America for international traffic, receiving 276 inbound international flights a day and processing more than 21.3 million international arrivals a year.
  • By leveraging the open-architecture design of Axis Communications devices and the Zensors artificial intelligence (AI) platform, Toronto Pearson Airport is now able to correlate the relationship between wait times, corresponding flight numbers, time of day, and the overall schedule of inbound flights.
  • Doing so now provides actionable insights to airport personnel while maintaining the privacy and anonymity of its visitors.

Lynx Air Announces Expansion to Mexico

Retrieved on: 
Wednesday, October 25, 2023

TORONTO, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Lynx Air (Lynx), Canada’s ultra-affordable airline, announced today its expansion into Mexico, connecting Toronto Pearson International Airport (YYZ) with Cancun International Airport (CUN).

Key Points: 
  • TORONTO, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Lynx Air (Lynx), Canada’s ultra-affordable airline, announced today its expansion into Mexico, connecting Toronto Pearson International Airport (YYZ) with Cancun International Airport (CUN).
  • Cancun will be Lynx’s first destination in Mexico, with flights taking off from Toronto starting February 15, 2024.
  • The expansion will be Lynx’s third country in its growing network and Cancun will mark its 18th destination.
  • “We welcome Lynx's new service as it will provide passengers with another option to fly to the sunny beaches of Mexico.”

First-of-its-kind autonomous airfield inspection vehicle showcased by Greater Toronto Airports Authority

Retrieved on: 
Tuesday, October 17, 2023

TORONTO, Oct. 17, 2023 /CNW/ -The Greater Toronto Airports Authority, in collaboration with prominent technology leaders, showcased a cutting-edge autonomous perimeter inspection solution that aims to keep airport runways, taxiways and security fences safe.

Key Points: 
  • TORONTO, Oct. 17, 2023 /CNW/ -The Greater Toronto Airports Authority, in collaboration with prominent technology leaders, showcased a cutting-edge autonomous perimeter inspection solution that aims to keep airport runways, taxiways and security fences safe.
  • This vehicle is part of Toronto Pearson's unwavering commitment to invest in technology that enhances the safety, security, and sustainability of the airport.
  • The solution provides an exciting opportunity for employees to work with innovative, technology-driven solutions to enhance the efficiency and accuracy of airfield operations.
  • "Toronto Pearson is proud to be a leader when it comes to investing in technology that will enhance the efficiency of our operations," said Brian Tossan, Chief Technology Officer, Greater Toronto Airports Authority.

The Future of Travel Has Arrived: Entrust Emerges as Global Leader in Seamless Travel and Digital Travel Credentials

Retrieved on: 
Thursday, September 28, 2023

Entrust , a global leader in trusted identities, payments, and data, today announced its pioneering role in the evolution of digital travel experiences.

Key Points: 
  • Entrust , a global leader in trusted identities, payments, and data, today announced its pioneering role in the evolution of digital travel experiences.
  • Leveraging its innovative Identity Verification platform, Entrust has derived Digital Travel Credentials (DTC), which are a digital representation of a traveler’s identity.
  • "We are honored to be advancing the realization of this digital transformation in travel and borders,” said Gordon Wilson, Vice President and Global Lead of Seamless Travel at Entrust.
  • Visit our website to discover how the Entrust Identity Verification Solution and the Digital Travel Credential can transform your passenger journey: Entrust Seamless Travel Solutions .

FOSTERING ECONOMIC RESILIENCE: GLOBAL LEADERS AND DECISION MAKERS GATHER AT TORONTO GLOBAL FORUM

Retrieved on: 
Wednesday, September 27, 2023

TORONTO, Sept. 27, 2023 /PRNewswire/ - The Toronto Global Forum is uniting world leaders and decision makers for an impactful discussion on fostering economic resilience at a time of great uncertainty.

Key Points: 
  • TORONTO, Sept. 27, 2023 /PRNewswire/ - The Toronto Global Forum is uniting world leaders and decision makers for an impactful discussion on fostering economic resilience at a time of great uncertainty.
  • Now in its 17th year, the 2023 edition of the Toronto Global Forum will take place from October 11-13 at the Fairmont Royal York in Toronto.
  • The Toronto Global Forum is organized by the International Economic Forum of the Americas (IEFA).
  • To mark the opening of this year's Toronto Global Forum, the IEFA team will open the Toronto Stock Exchange on Tuesday, October 10th.

Toronto Pearson Airport and Carlsun Energy Announce Ontario's First Public Hydrogen Refuelling Station for Light- and Heavy-Duty Vehicles

Retrieved on: 
Thursday, July 6, 2023

TORONTO, July 6, 2023 /CNW/ - Today, Greater Toronto Airports Authority (GTAA) and Carlsun Energy announced Ontario's first public hydrogen refuelling station, with capability for both cars and transport trucks.

Key Points: 
  • TORONTO, July 6, 2023 /CNW/ - Today, Greater Toronto Airports Authority (GTAA) and Carlsun Energy announced Ontario's first public hydrogen refuelling station, with capability for both cars and transport trucks.
  • The hydrogen station is part of Toronto Pearson's commitment to clean and efficient energy solutions in the aviation industry, and in building the airport of the future.
  • Ontario's first public hydrogen refueling station for both light- and heavy-duty vehicles will be built, owned, and operated by Carlsun Energy, expert integrators in large-scale renewable energy projects.
  • The station will be capable of refuelling light-duty vehicles and transport vehicles and is integral to Toronto Pearson's leadership in building clean energy solutions.

Greater Toronto Airports Authority and Unifor reach a collective bargaining agreement

Retrieved on: 
Saturday, June 17, 2023

TORONTO, June 17, 2023 /CNW/ - The Greater Toronto Airports Authority (GTAA) and Unifor, Canada's largest private sector union, have successfully reached a collective bargaining agreement, representing more than 1,200 employees at Toronto Pearson.

Key Points: 
  • TORONTO, June 17, 2023 /CNW/ - The Greater Toronto Airports Authority (GTAA) and Unifor, Canada's largest private sector union, have successfully reached a collective bargaining agreement, representing more than 1,200 employees at Toronto Pearson.
  • The four-year agreement will be in effect from August 1, 2023, to July 31, 2027.
  • By engaging in constructive dialogue and cooperation, the GTAA and Unifor have effectively reached an agreement on complex labour issues, setting an example for collaboration in the industry.
  • The collective agreement included wage increases over the four years along with increases in benefits and pension contributions.