Airport

Sky Harbour Group Corporation Announces its 2023 Financial Results; Updates on New Ground Leases, Construction and Hangar Leasing; Injects Equity into Obligated Group and Files Various Registration Statements with SEC

Retrieved on: 
Wednesday, March 27, 2024
Air, Transport, Transportation, Commercial Building & Real Estate, Construction & Property, Travel, SGR, MSRB, Orlando Executive Airport, SH34, Form, Webcast, City, Tenant, Aviation, Acquisition, MetroCentre, ADS, Form S-3, DVT, Silicon, GDP, PIPE, BNA, SJC, Obligation, Airport, APA, Economics, San Jose International Airport, OPF

New ground lease at SJC, encompassing an existing hangar facility to be made operational over the coming several weeks, and land for additional future development.

Key Points: 
  • New ground lease at SJC, encompassing an existing hangar facility to be made operational over the coming several weeks, and land for additional future development.
  • New ground lease at ORL, with expected construction commencement in Q2 2025.
  • Construction of Phases 1 in Denver, Phoenix, and Dallas delayed by 3-4 months, with an estimated $26 - $28 million non-recurring remediation cost.
  • We are now gearing up to perform at scale.”
    Sky Harbour will host a live conference call and concurrent webcast at 5 p.m.

Barclays and Breeze Airways Unveil the Breeze Easy Visa Signature Co-Branded Credit Card

Retrieved on: 
Tuesday, March 26, 2024
Technology, Finance, Other Travel, Banking, Lodging, Professional Services, Destinations, Women, Travel, Other Transport, Men, Air, Transport, Payments, Vacation, Consumer, Breeze Airways, Congestion, Visa, Airway, Wi-Fi, Partnership, Neeleman, City, Restaurant, Drink, Atmosphere, Snack, Multimedia, Airport, Barclays, Airline

Breeze Airways and Barclays US Consumer Bank today announced the debut of the Breeze Easy™ Visa Signature® credit card.

Key Points: 
  • Breeze Airways and Barclays US Consumer Bank today announced the debut of the Breeze Easy™ Visa Signature® credit card.
  • “Combined with Barclays’ trusted track record with major travel brands, I’m confident the Breeze Easy Visa will be THE airline card of choice for Breeze guests and frequent travelers.”
    The Breeze Easy Visa Signature card is a partnership between Breeze Airways, one of the nation’s newest point-to-point airlines, Barclays, a leading co-branded credit card issuer, along with Visa, a world leader in digital payments.
  • Barclays is a leading co-branded credit card issuer and financial services partner in the United States, with more than 20 co-branded credit card programs, online savings accounts and personal loans.
  • “In fact, by doubling the BreezePoints earned for all Breeze purchases, we can confidently say the Breeze Easy Visa makes buying and flying with Breeze ‘Twice as Nice!”
    The Breeze Easy Visa Signature card benefits include:
    50,000 BreezePoints as an introductory sign-up bonus after spending $2,000 in the first 90 days of account opening.

Untether AI and J-Squared Unveil Groundbreaking AI-Enabled Rugged PC Chassis at AUSA

Retrieved on: 
Monday, March 25, 2024
Software, Networks, Other Defense, Hardware, Public Safety, Drones, Technology, Defense, Artificial Intelligence, Security, Other Technology, Public Policy, Government, Computer, Algorithm, Acceleration, Partnership, Vanguard, AI, Exhibition, Airport, YOLO, Medical device

This joint computer vision application showcases an Untether AI optimized “You-only-look-once” (YOLO) neural network, trained by J-Squared Technologies for counter-drone detection, running in their ruggedized hardware.

Key Points: 
  • This joint computer vision application showcases an Untether AI optimized “You-only-look-once” (YOLO) neural network, trained by J-Squared Technologies for counter-drone detection, running in their ruggedized hardware.
  • "Our SWAP-C optimized systems designed to withstand harsh environments combined with Untether AI's energy efficient AI acceleration, provide unmatched operational durability, computational capabilities, and AI performance per Watt."
  • Untether AI will be exhibiting at the upcoming The AUSA Global Force Symposium and Exhibition , March 26 - 28, 2024.
  • Attendees are invited to view the demonstration at the Untether AI booth #2132, where Untether AI and J-Squared Technologies experts will be available to discuss the technology's applications and benefits in detail.

FINAVIA: Fly to the Happiest Country in the World, Finland, With Five Direct Connections

Retrieved on: 
Thursday, March 21, 2024
Entertainment, Air, Transport, Other Entertainment, Transportation, Tourist Attractions, Destinations, Vacation, Travel, Finnair, Nature, Happiness, Helsinki Airport, Multimedia, Airport, Feedback, World Happiness Report, Airline

Finland is a unique travel destination, and you can fly there with five direct connections from the United States.

Key Points: 
  • Finland is a unique travel destination, and you can fly there with five direct connections from the United States.
  • View the full release here: https://www.businesswire.com/news/home/20240321975944/en/
    According to the international World Happiness Report, Finland is the happiest country in the world in 2024.
  • Finland has been named the happiest country in the world in 2024 for the seventh year in a row.
  • “The past winter season 2023–2024 was record-breaking and European airlines opened almost 20 new direct flight connections to airports in Lapland.

Fifth Woman Working at an Aimbridge-Operated Hotel Files State Sexual Harassment Allegations, Reports UNITE HERE Local 11

Retrieved on: 
Thursday, March 21, 2024
Professional Services, Public Policy, Government, Consumer, Lodging, Other Retail, Vacation, Travel, Commercial Building & Real Estate, Construction & Property, State, Local, Communications, Retail, Legal, Social Activism, Women, Human Resources, Labor, Health, Letter, University, Woman, UNITE HERE, Aimbridge Hospitality, Quality of life, Advent International, Restaurant, Safety, Airport, Workplace, UNITE

The fifth woman in less than a month has broken her silence by alleging she experienced sexual harassment working at an Aimbridge-operated hotel.

Key Points: 
  • The fifth woman in less than a month has broken her silence by alleging she experienced sexual harassment working at an Aimbridge-operated hotel.
  • Working overnight has taken a toll on my health and quality of life,” says Vela in her complaint letter.
  • A primary purpose of this ordinance is to help protect workers from sexual assault in the workplace.
  • UNITE HERE Local 11 is a labor union representing more than 32,000 hospitality workers in Southern California and Arizona that work in hotels, restaurants, universities, convention centers and airports
    View source version on businesswire.com: https://www.businesswire.com/news/home/20240321827236/en/

Corporacion America Airports Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, March 20, 2024
Other Transport, Air, Transportation, Transport, Travel, PAX, Euro, Growth, ARS, International, Section, Adjustment, Zvartnots International Airport, Yoy, CAAP, Airport, Inflation, USD, Government, LTM, Airline

Delivered YoY increases across key operating metrics:

Key Points: 
  • Delivered YoY increases across key operating metrics:
    13.1% in passenger traffic to 20.7 million, reaching 99.1% of 4Q19 levels.
  • Adjusted EBITDA margin ex-IFRIC12 expanded to 92.9% from 37.4% in 4Q22, or to 41.1% when excluding the Natal positive impact.
  • Net debt to LTM Adjusted EBITDA improved to 1.4x as of December 31, 2023, from 1.6x as of September 30, 2023.
  • Commenting on the results for the quarter Mr. Martín Eurnekian, CEO of Corporación América Airports, noted: “The strong momentum experienced throughout the year continued into the fourth quarter, with passenger traffic growing 13% year-on-year and revenue growth ex-IAS29 surpassing the increase in traffic.

SosTravel.com and Aviation Services Renewed the Agreement to Sell the Lost Luggage Concierge Service at Airports

Retrieved on: 
Thursday, March 21, 2024
Transportation, Air, Transport, Travel, SOS, Airport, Freedom Air, History, Aviation

SosTravel.com S.p.A., listed on the Italian Stock Exchange under the symbol SOS and in New York with the symbol SOSAF, and Aviation Services S.p.A., a leading company in Italy for ground handling services and assistance to passengers and airlines, announce the renewal of their agreement for the provision of the Lost Luggage Concierge (LLC) service at airports for five years.

Key Points: 
  • SosTravel.com S.p.A., listed on the Italian Stock Exchange under the symbol SOS and in New York with the symbol SOSAF, and Aviation Services S.p.A., a leading company in Italy for ground handling services and assistance to passengers and airlines, announce the renewal of their agreement for the provision of the Lost Luggage Concierge (LLC) service at airports for five years.
  • The LLC service is an exclusive service for searching, tracing, and returning lost luggage that includes active tracking after a report has been made.
  • The LLC service will be included for all clients at the airports where Aviation Services provides passenger assistance: Naples, Catania, Rome Fiumicino and Ciampino, Bologna, Venice, and Malta, who will be assisted by SosTravel.com in case of luggage loss, with tracking within 48 hours.
  • We are working with our partners to increase the number of airports offering the LLC service."

CIM Group Sells 139,502-Square-Foot Cold Storage Warehouse Property in Fort Worth

Retrieved on: 
Wednesday, March 20, 2024
REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, Dallas Love Field, CIM Group, CIM, Airport, Acquisition, Interstate 20, Interstate 35, Interstate Highway System, Fort Worth International Airport, Transport, Warehouse

CIM Group announced today that it has sold a 139,502-square-foot cold storage warehouse facility which it recently completed at 6900 AWG Way in Fort Worth, Texas.

Key Points: 
  • CIM Group announced today that it has sold a 139,502-square-foot cold storage warehouse facility which it recently completed at 6900 AWG Way in Fort Worth, Texas.
  • The modern, state-of-the-art warehouse sits on an approximately 14.42-acre property which CIM acquired in 2020 as part of its acquisition of the adjacent 1,128,162-square-foot Junction 20/35 logistics center which it continues to own and operate.
  • CIM Group designed and constructed the warehouse to provide the modern features in-demand by the growing logistics industry.
  • The building features 36’ clear ceiling heights, with 36 dock-high doors and layout conducive to temperature-controlled cold storage use.

Mark43 Partners with the Port Authority of New York and New Jersey to Revolutionize Public Safety Technology

Retrieved on: 
Tuesday, March 19, 2024
Security, Data Management, State, Local, Public Policy, Technology, Law Enforcement, Emergency Services, Public Safety, Homeland Security, Government, Transport, Telecommunications, Software, Public Transport, Internet, Mobile, Wireless, Cloud, Job satisfaction, Performance, Communication, Partnership, PAPD, Pedestrian, RMS, Law enforcement, PATH, Port, Safety, Port authority, Airport, CAD, Drug

Mark43, the leading cloud-native public safety software provider, is excited to announce a new partnership with the Port Authority of New York and New Jersey.

Key Points: 
  • Mark43, the leading cloud-native public safety software provider, is excited to announce a new partnership with the Port Authority of New York and New Jersey.
  • "The Port Authority is always seeking opportunities to employ new technology to deliver best-in-class service and results, including for public safety,” said Greg Ehrie, chief security officer of the Port Authority.
  • We value the importance of this partnership and are proud to leverage Mark43's Public Safety Platform to support the Port Authority Police."
  • Mark43 and PAPD are aligned in a shared mission to elevate the standards of excellence in public safety technology.

Incheon Metropolitan City, IAIAC, and MITRE Unveil Advanced Air Mobility Concept of Operations

Retrieved on: 
Monday, March 18, 2024
Software, Other Transport, Data Management, Technology, Air, Aerospace, Transport, Manufacturing, Partnership, Travel, Research, Mitre Corporation, MITRE, Concept of operations, Quality of life, Metropolis, City, Airspace, Safety, Atmosphere, South Korea, Airport, AAM

Incheon Metropolitan City, in a landmark partnership with the Institute for Aerospace Industry-Academia Collaboration (IAIAC) and The MITRE Corporation, has released Incheon’s Advanced Air Mobility (AAM) Concept of Operations.

Key Points: 
  • Incheon Metropolitan City, in a landmark partnership with the Institute for Aerospace Industry-Academia Collaboration (IAIAC) and The MITRE Corporation, has released Incheon’s Advanced Air Mobility (AAM) Concept of Operations.
  • The AAM Concept of Operations outlines an approach to AAM integration, with a strong emphasis on safety, community acceptance, and improved mobility.
  • "The integration of AAM operations in Incheon promises to transform our region's transportation landscape,” said Incheon Mayor Jeong-bok Yoo.
  • “This Concept of Operations serves as a roadmap to that future, prioritizing safety, community acceptance, and improved mobility.