IATA

Freightos Reports Third Quarter Results with Revenue Growth and Progress Toward Profitability

Retrieved on: 
Tuesday, November 21, 2023

"We are pleased with our third quarter results, marking the 15th straight quarter of robust growth in the number of transactions.

Key Points: 
  • "We are pleased with our third quarter results, marking the 15th straight quarter of robust growth in the number of transactions.
  • "During the quarter, we enhanced our offerings with key features and expanded our network of buyers and sellers.
  • "We're encouraged by the progress toward profitability in the third quarter, which confirms the effectiveness of our operational efficiency plan launched in July," said Ran Shalev, CFO of Freightos.
  • Total Platform revenue in the third quarter was $1.8 million, at the same level as the third quarter last year, and Solutions revenue was $3.3 million, up 14% year over year.

Alaska Airlines partners with CHOOOSE to empower guests to reduce emissions and support growth of the sustainable aviation fuel market

Retrieved on: 
Friday, November 17, 2023

SEATTLE, Nov. 17, 2023 /PRNewswire/ -- Alaska Airlines announced today it is partnering with climate-tech company CHOOOSE to provide new options for sustainability-minded guests to take action on their travel-related carbon emissions by purchasing sustainable aviation fuel (SAF) credits or support nature-based climate projects.

Key Points: 
  • Guests can choose between SAF credits or from certified nature-based projects in geographies where the airline flies, such as Doyon Native Community Forest Project, Freres Biochar, The Guatemalan Conservation Coast, and more.
  • Alaska is also rewarding guests who purchase a certain amount of SAF credits (i.e.
  • "But today, there isn't enough SAF to meet demand – and we need to bring its cost down by creating scale.
  • Alaska has been a leader in advancing the market for SAF and was the first commercial U.S. airline to fly multiple routes using the alternative fuel in 2011.

Cryoport's CRYOPDP Expands U.S. Footprint with Acquisition of Bluebird Express

Retrieved on: 
Thursday, November 16, 2023

NASHVILLE, Tenn., Nov. 16, 2023 /PRNewswire/ -- Cryoport, Inc. (NASDAQ: CYRX) ("Cryoport" or the "Company"), a leading global provider of innovative products and services to the fast-growing cell and gene therapy industry enabling the future of medicine for a new era of life sciences, today announced the expansion of its global supply chain network with the acquisition of Bluebird Express, LLC ("Bluebird Express"), a provider of time-sensitive domestic and international transportation services. Bluebird Express will join Cryoport's CRYOPDP business unit.

Key Points: 
  • CRYOPDP's Acquisition of Bluebird Express Adds Further Domestic and International Transportation Services Strengthening CRYOPDP's U.S.
  • Bluebird Express will join Cryoport's CRYOPDP business unit.
  • Bluebird Express, headquartered in Valley Stream, New York, has more than 20 years of experience in logistics solutions, specializing in domestic and international air and ground transportation.
  • "CRYOPDP has extensive experience in supporting the life sciences industry, including the rapidly growing market for cell and gene therapies.

SICPA Partners With IATA for First Digital Identity Proof of Concept for Travel, Demonstrating Secure Identity Related Data Process From Booking to Boarding and Border Crossing

Retrieved on: 
Tuesday, October 31, 2023

SICPA, in collaboration with the International Air Transport Association (IATA) and other industry partners, supported the first travel experience using digital identity, streamlining the process from booking a flight to border crossing at arrival.

Key Points: 
  • SICPA, in collaboration with the International Air Transport Association (IATA) and other industry partners, supported the first travel experience using digital identity, streamlining the process from booking a flight to border crossing at arrival.
  • Other PoC industry partners include Accenture, Amadeus, Australian Border Force, AWS, Branchspace, British Airways, IDnow, Aeroporti di Roma, Trip.com and Verchaska.
  • It underpins our commitment to a future travel experience that is digital, efficient, biometrically secured, and leverages a digital identity approach.
  • "Thank you to SICPA for their collaboration in demonstrating the first fully integrated digital identity travel experience, from shopping for flights to arrival.

#IdentityWeekAsia 2023: Unmissable networking for identity leaders across the APAC region

Retrieved on: 
Thursday, October 26, 2023

LONDON, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Identity Week Asia is back for 2023, and it promises to offer unmissable networking for identity leading professionals and organisations across the APAC region.

Key Points: 
  • LONDON, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Identity Week Asia is back for 2023, and it promises to offer unmissable networking for identity leading professionals and organisations across the APAC region.
  • The scope of identity topics covered at the conference span digital identity, biometrics, identity documents and authentication technology.
  • Identity Week Asia 2023 will gather experts, thought leaders, and industry pioneers to delve into the challenges, opportunities, and advancements around identity security.
  • Networking Opportunities: Identity Week Asia 2023 will offer numerous networking opportunities, enabling attendees to connect with like-minded professionals, potential business partners and peers.

Potential for €2.55 billion Sustainable Aviation Fuel (SAF) Industry in Ireland by 2050

Retrieved on: 
Wednesday, October 25, 2023

Ireland has the potential to develop a sustainable aviation fuel (SAF) industry generating revenue of €2.55 billion by 2050 and providing up to 1,000 high-skilled jobs.

Key Points: 
  • Ireland has the potential to develop a sustainable aviation fuel (SAF) industry generating revenue of €2.55 billion by 2050 and providing up to 1,000 high-skilled jobs.
  • The study - Ireland’s Sustainable Aviation Fuel Opportunity - was launched today by the Minister for Enterprise, Trade and Employment, Simon Coveney TD, and looks at the key role SAF will play in helping the aviation industry achieve its net zero goal by 2050.
  • The European Union’s ReFuelEU initiative obligates fuel suppliers to blend SAF into the fuel available at all EU airports, rising from 6% SAF by 2030, to 70% by 2050.
  • To meet EU mandated SAF volumes alone, Ireland will require approximately 10 SAF plants of 80 kilo tonnes production capacity each.

FPT Hosts IATA 19th Maintenance Cost Conference & 2nd MRO Smart Hub User Forum

Retrieved on: 
Friday, October 6, 2023

FPT Corporation (FPT), a global technology firm headquartered in Vietnam, announced its role as the host sponsor for the 19th Maintenance Cost Conference (MCC) & 2nd MRO Smart Hub User Forum on October 4-5 in Hanoi, Vietnam.

Key Points: 
  • FPT Corporation (FPT), a global technology firm headquartered in Vietnam, announced its role as the host sponsor for the 19th Maintenance Cost Conference (MCC) & 2nd MRO Smart Hub User Forum on October 4-5 in Hanoi, Vietnam.
  • View the full release here: https://www.businesswire.com/news/home/20231005978201/en/
    FPT Chairman delivered opening remarks at the IATA MCC & MRO Smart Hub User Forum (Photo: Business Wire)
    The MCC & MRO Smart Hub User Forum is an annual event of the International Air Transport Association (IATA) – a trade association representing about 300 airlines in 120 countries.
  • For the first time, the MCC & MRO Smart Hub User Forum is hosted by a technology corporation.
  • The 19th Maintenance Cost Conference & 2nd MRO Smart Hub User Forum took place at FPT’s headquarters FPT Tower and Hola Park campus of FPT Software.

JR Technologies and IAG Loyalty Partner to Provide Multi-Product Retailing Solution to the Airline Industry

Retrieved on: 
Thursday, September 28, 2023

DUBLIN, Sept. 28, 2023 /PRNewswire/ -- JR Technologies, a pioneer in airline retailing, has partnered with IAG Loyalty (IAGL), a leader in loyalty who own and manage Avios, the global loyalty currency of the Aer Lingus AerClub, the British Airways Executive Club and other international airlines' programs, to offer a comprehensive, simplified loyalty booking solution, including one of the airline industry's first multi-product shopping carts with loyalty currency + cash settlement capability.

Key Points: 
  • IAGL uses JR Technologies' Aerostream platform , specifically its Order Management solution, to create a streamlined multi-product shopping flow, resulting in a seamless and fast checkout experience for the traveler.
  • Aerostream, JR Technologies' latest travel technology solution, is a highly configurable retailing platform developed for airlines and the travel industry.
  • IAG Loyalty has implemented Aerostream's solution into its customer loyalty platform and deployed it with the globally recognized carrier Aer Lingus.
  • For more information about the JR Technologies partnership with IAGL or to speak with company executives, please contact Vanessa Horwell at [email protected] .

JR Technologies and IAG Loyalty Partner to Provide Multi-Product Retailing Solution to the Airline Industry

Retrieved on: 
Thursday, September 28, 2023

DUBLIN, Sept. 28, 2023 /PRNewswire/ -- JR Technologies, a pioneer in airline retailing, has partnered with IAG Loyalty (IAGL), a leader in loyalty who own and manage Avios, the global loyalty currency of the Aer Lingus AerClub, the British Airways Executive Club and other international airlines' programs, to offer a comprehensive, simplified loyalty booking solution, including one of the airline industry's first multi-product shopping carts with loyalty currency + cash settlement capability.

Key Points: 
  • IAGL uses JR Technologies' Aerostream platform , specifically its Order Management solution, to create a streamlined multi-product shopping flow, resulting in a seamless and fast checkout experience for the traveler.
  • Aerostream, JR Technologies' latest travel technology solution, is a highly configurable retailing platform developed for airlines and the travel industry.
  • IAG Loyalty has implemented Aerostream's solution into its customer loyalty platform and deployed it with the globally recognized carrier Aer Lingus.
  • For more information about the JR Technologies partnership with IAGL or to speak with company executives, please contact Vanessa Horwell at [email protected] .

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 .