Transportation

Global Passport Reader Market Analysis 2024: A US$501.30 Million Market by 2029, Registering a Forecasted CAGR of 8.18% During 2024-2029 - ResearchAndMarkets.com

Retrieved on: 
Friday, March 15, 2024
Other Travel, Software, Transportation, Hardware, Travel, Vacation, Technology, Security, Element, RFID, Government, Public, Private, Growth, Optical character recognition, Application, KYC, Airport, Government agency, Aadhaar, Private sector, OCR, Overalls, Public sector, Compact, Border control, Security printing

The global passport reader market value stood at US$321.02 million in 2023 and is expected to reach US$501.30 million by 2029.

Key Points: 
  • The global passport reader market value stood at US$321.02 million in 2023 and is expected to reach US$501.30 million by 2029.
  • The market further thrives on the escalating numbers of international immigrants and the widespread adoption of passport readers in the banking sector.
  • The market's upward trajectory is sustained by these diverse growth drivers, reflecting a robust demand for passport reader technology worldwide.
  • The Compact Full-page Passport Reader, utilizing advanced OCR technology, efficiently extracts information from entire passport pages, contributing to global passport reader market growth by enhancing security and streamlining immigration processes.

Commercial Aviation Engine MRO Services Market 2024-2033, Featuring Aerospace, Rolls Royce, MTU Maintenance, Lufthansa Technik, Pratt & Whitney, Air France/KLM, Safran Aircraft Engines, ITP Aero & IAI - ResearchAndMarkets.com

Retrieved on: 
Friday, March 15, 2024
Air, Aerospace, Transport, Manufacturing, Transportation, Other Manufacturing, Travel, RPK, Growth, Structure, Shock, Airbus, SWOT, MRO, SWOT analysis, Aviation, Carbon, Fastest, IATA, Strategy, Movement, Maintenance (technical)

Against this backdrop, the report provides comprehensive insights and analysis into the Global Commercial Aviation Engine MRO Services Market.

Key Points: 
  • Against this backdrop, the report provides comprehensive insights and analysis into the Global Commercial Aviation Engine MRO Services Market.
  • Part 1 of the report takes a look at the Overview and current Market Size & Dynamics for the Global Commercial Aviation Engine MRO Services Market.
  • The report will provide answers to key questions, which include:
    What is the Structure & Size of the Global Commercial Aviation Engine MRO Services Market?
  • Market Landscape for and Key Players in the Global Commercial Aviation Engine MRO Services Market?

Bilt Rewards Announces Strategic Partnership with Alaska Airlines

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Friday, March 15, 2024
Transportation, Banking, Commercial Building & Real Estate, Destinations, Construction & Property, Vacation, Travel, Professional Services, Air, Transport, Finance, Reward, Alaska Airlines, Partnership, Global Partners, Coffee, Aviation, Restaurant, Multimedia, Airline

Bilt Rewards , the nation's leading loyalty program that rewards consumers on rent and neighborhood spend, is thrilled to announce a landmark partnership with Alaska Airlines.

Key Points: 
  • Bilt Rewards , the nation's leading loyalty program that rewards consumers on rent and neighborhood spend, is thrilled to announce a landmark partnership with Alaska Airlines.
  • The two companies announced they will also be launching an unprecedented offer later this year exclusively for Alaska Airlines cardholders.
  • When using an Alaska Airlines Visa Signature® card to pay rent through Bilt, cardholders will earn triple Alaska miles—3 miles for every dollar spent on rent, up to $50,000 annually.
  • This partnership represents a significant step forward in loyalty rewards, offering unparalleled value and opportunities for members of both Bilt Rewards and Alaska Airlines.

UNITE HERE Local 11: Investors and Stakeholders Should Question U.S. Expansion of China-based Han’s Laser Technology Group

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Friday, March 15, 2024
Public Policy, Government, State, Local, Transportation, Lodging, Labor, Destinations, Travel, Laser, University, Research, Restaurant, CCTV, Airport, UNITE

Yicai Global reported that it “visited the address of Han's Laser's research and development center in Engelberg, Switzerland on July 31, 2019, only to find that the hub -- which has been in the pipeline for nine years -- was merely a room of about 10 square meters. However, the firm's nearby hotel renovation project, part of the center's construction plans, was well underway.”

Key Points: 
  • Silicon Valley-based Hans Laser Corp., the U.S. subsidiary of China-based manufacturer Han's Laser Technology Group Co., which makes laser cutting and laser welding machinery, last year announced plans for a $60 million U.S. expansion .
  • The firm has locations in San Jose, California and Katy, Texas and purchased 262 acres at 12429 W. Kimbro Road in the Austin suburb of Manor, Texas in April 2023.
  • In 2019, Han's Laser Technology Industry Group apologized for its Chairman Gao Yunfeng after he reportedly made inappropriate comments to a journalist during a CCTV state television interview.
  • Thirty-four hotels have now reached tentative agreements with UNITE HERE Local 11 to resolve labor disputes, but the Doubletree has failed to do so.

Corporación América Airports Announces Fourth Quarter 2023 Financial Results Call and Webcast

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Thursday, March 14, 2024
Other Transport, Air, Transportation, Transport, Travel, Telephone, CAAP

Corporación América Airports S.A. (NYSE: CAAP), one of the leading private airport operators in the world, today announced that it will report its Fourth Quarter 2023 results on Wednesday, March 20, after market closes.

Key Points: 
  • Corporación América Airports S.A. (NYSE: CAAP), one of the leading private airport operators in the world, today announced that it will report its Fourth Quarter 2023 results on Wednesday, March 20, after market closes.
  • We remind all participants to connect through the telephone in order to ask questions.

Volato Launches Integrated App Personalizing the Private Aviation Experience

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Thursday, March 14, 2024
Apps, Applications, Technology, Luxury, Air, Transport, Software, Transportation, Retail, Travel, Insider, Honda HA-420 HondaJet, App Store (iOS/iPadOS), Google Play, Mission, Aircraft, Multimedia

Volato Group, Inc. (NYSE American: SOAR) (“Volato”), a leader in private aviation and the largest HondaJet operator in the world, today introduced its new mobile app.

Key Points: 
  • Volato Group, Inc. (NYSE American: SOAR) (“Volato”), a leader in private aviation and the largest HondaJet operator in the world, today introduced its new mobile app.
  • The app is designed to personalize the travel experience for all Volato customers, including fractional owners, Insider members, and charter clients.
  • The Volato app adapts to everyone’s needs for a uniquely tailored journey.
  • Volato plans to continually enhance the app with regular updates, including HondaJet-specific features, reflecting its position as the world’s largest HondaJet fleet operator.

IonQ and DESY Research Highlights Quantum’s Potential Benefits for Airport Flight Gate Optimization

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Thursday, March 14, 2024
Technology, Mobile, Wireless, Nanotechnology, Transportation, Travel, Defense, Other Defense, Software, Contracts, Networks, Internet, Hardware, Semiconductor, Data Management, Algorithm, Airbus, Research, Blog, Running, Computer, DESY, Quantum, Preprint, Hyundai Motor Company, Online shopping

IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced early results from its work with Deutsches Elektronen-Synchrotron (DESY) – a German-based research center for fundamental science – to run combinatorial optimization problems on IonQ Aria .

Key Points: 
  • IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced early results from its work with Deutsches Elektronen-Synchrotron (DESY) – a German-based research center for fundamental science – to run combinatorial optimization problems on IonQ Aria .
  • IonQ collaborated with researchers from DESY to explore how to better match inbound and outbound flights at airport gates.
  • IonQ expects to run future algorithms on IonQ Forte and IonQ Tempo, processing equations sufficient enough to cover the optimization needs of a local European airport.
  • These research results mark the latest effort by IonQ to support the development of quantum applications for the airline industry.

Creditsafe Releases Financial & Bankruptcy Outlook for U.S. Transportation

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Thursday, March 14, 2024
Professional Services, Business, Data Analytics, Transportation, Finance, Travel, Financial management, Day, Bankruptcy, Risk management, Growth, Spirit Airlines, Transport, Landstar System, Intelligence, Yellow Corporation, Acquisition, Avis Budget Group, The Hertz Corporation, J. B. Hunt, Accounts payable, DBT, Avis, FedEx, XPO, Airline

These challenges have created a pressure-cooker situation, driving companies like Yellow Corporation and Hertz Global Holdings to file for bankruptcy.

Key Points: 
  • These challenges have created a pressure-cooker situation, driving companies like Yellow Corporation and Hertz Global Holdings to file for bankruptcy.
  • Today, Creditsafe , the global expert in credit monitoring and risk management, released its Financial & Bankruptcy Outlook: Transportation report , which examines how financial planning, cash flow management and Accounts Payable management have affected the financial health of U.S. transportation and warehousing businesses.
  • The data included in the report was gathered from multiple sources, including financial earnings reports released by the companies, filings with the U.S. Securities and Exchange Commission and the Creditsafe credit risk and intelligence platform .
  • XPO, Inc. is in strong financial shape: XPO’s DBT (Days Beyond Terms) has consistently dropped since August, indicating an improvement in its cash flow and financial management practices.

Surf Air Mobility to Provide Fourth Quarter and Full Year 2023 Financial Results on March 28, 2024

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Thursday, March 14, 2024
Environment, Air, Transport, Aerospace, Manufacturing, Sustainability, Green Technology, Transportation, Travel, Webcast, Interest

Surf Air Mobility Inc. (NYSE: SRFM), a leading regional air mobility platform, today announced that it will release their fourth quarter 2023 and full year 2023 financial results after market close on Thursday, March 28, 2024, and will host a webcast at 5:00 pm ET the same day.

Key Points: 
  • Surf Air Mobility Inc. (NYSE: SRFM), a leading regional air mobility platform, today announced that it will release their fourth quarter 2023 and full year 2023 financial results after market close on Thursday, March 28, 2024, and will host a webcast at 5:00 pm ET the same day.
  • Interested parties can register in advance to listen to the webcast here , or can find a link on the ‘Events & Presentations’ section of our investor relations website.
  • A replay of the call will also be available online for 21 days following the call.