Airlines/Aviation
AIP Capital and ITA Airways Complete Secured Debt Financing
DUBLIN and STAMFORD, Conn. and ROME, Aug. 20, 2024 /PRNewswire/ -- AIP Capital ("AIP"), an alternative investment manager focused on opportunities in commercial aviation, announced it has completed a$240m debt financing to a wholly owned subsidiary of ITA Airways ("ITA") through its Private Credi...
Tongcheng Travel Benefits from Travel Tailwind and Diverse Demand Quarterly Net Margin Edges Up
Core OTA Businesses Maintain Strong Momentum International Business Revenue Doubled to Bolster Solid Long-term Growth HONG KONG, Aug. 20, 2024 /PRNewswire/ -- Tongcheng Travel Holdings Limited ("Tongcheng Travel" or the "Company", together with its subsidiaries the "Group", stock code: 0780.HK...
HK Gift Card Industry Pioneer 33 Finance Celebrates its 10-year milestone Partnering with Hong Kong International Airport to Create Industry Trends Launching HKIA Gift Card
HONG KONG, Aug. 15, 2024 /PRNewswire/ -- 33 Finance – the pioneer of Hong Kong gift card industry – partners withHong Kong International Airport to launch its first airport gift card. The gift card, officially launched in mid-May, allowing you to treat your loved ones with an ideal gift full of d...
Sirius Aviation AG and Marathon Group Join Forces to Develop Zero-Emission Airports
Historic Partnership Aims to Revolutionize Hydrogen-Powered Aviation in
Australia
SYDNEY, Aug. 19, 2024 /PRNewswire/ -- Sirius Aviation AG
Embark on a Saudi Journey: Visit the Saudi Travel Fair in Putrajaya!
KUALA LUMPUR, Malaysia, Aug. 19, 2024 /PRNewswire/ -- This August, join us at IOI Putrajaya Mall for the first-ever Saudi Travel Fair, hosted by the Saudi Tourism Authority. From 28 August to 1 September, celebrateMalaysia's National Independence Day with exclusive deals such as the buy one SAUDI...
Zayed International Airport passenger traffic surges 33.5% in H1 2024
ABU DHABI, UAE, Aug. 19, 2024 /PRNewswire/ -- Abu Dhabi Airports, the operator of the emirate's five airports, has released passenger traffic results for the first half of 2024. Abu Dhabi Airports H1 Results Between January and June 2024 the Abu Dhabi Airports' network achieved an impr...
Leidos' Pro:Vision© 3 People Screening System Achieves ECAC EU Standard 2.1 Certification
RESTON, Va., Aug. 15, 2024 /PRNewswire/ -- Leidos (NYSE:LDOS), a Fortune 500® innovation leader, has received the EU Standard 2.1 certification for its Pro:Vision 3 people screening system from the European Civil Aviation Conference (ECAC). The ECAC Common Evaluation Process (CEP) of Security Equ...
Sino Jet Wins Two Awards at the China Finance Summit 2024: Pioneer the New Era of Digital Intelligence in Business Aviation
HONG KONG, Aug. 6, 2024 /PRNewswire/ -- The 13th China Finance Summit and the Amazing Innovative Entrepreneurs Festival 2024 have recently concluded inBeijing with great success. During this prestigious gathering, Sino Jet,Asia-Pacific's largest business jet company, was honored with two distingu...
Exponential increase of global travellers to APAC revealed, as Collinson International's Priority Pass reports 71% increase in airport experiences visits during first six months of 2024 (vs same period in 2023)
* Priority Pass' Asia Pacific-based airport lounges and travel experiences saw a collective 71% increase in visits made by global travellers between January to June this year, versus the same period last year. This is more than double the increase in visits (30%) made by global travellers to ot...
IBS Software and Singapore Airlines Co-Develop Shipment Record Solution
SINGAPORE, July 30, 2024 /PRNewswire/ -- Singapore Airlines, a world-leading global carrier, is collaborating with IBS Software to co-develop a shipment record solution. This will make substantial strides in digitally transforming air cargo operations and advancing towards IATA's ONE Record stand...
Warner Bros. World™ Yas Island, Abu Dhabi soars to new heights with Etihad Airways partnership
ABU DHABI, UAE, July 26, 2024 /PRNewswire/ -- Warner Bros. World™ Yas Island, Abu Dhabi, the region's largest indoor theme park, is thrilled to announce a groundbreaking extension to its partnership with Etihad Airways, marking a monumental milestone in its history. This exciting collaboration wa...
UnionPay International Enhances European Airport Acceptance, Upgrades Payment Services for Summer Travelers
Improved UnionPay Card Acceptance at Major European Airports PARIS, July 26, 2024 /PRNewswire/ -- As the summer travel season heats up, more tourists are flocking toEurope, and UnionPay card acceptance at point-of-sale (POS) terminals inEurope now exceeds 80%. UnionPay International is making st...
LANZAJET ANNOUNCES STRATEGIC INVESTMENT FROM AIRBUS - PIONEERING AEROSPACE AND AIRCRAFT BUILDER
The Investment by the World's Largest Airplane Manufacturer Further Signals Strong Industry Support for LanzaJet's Next-Gen Technology's Ability to Scale Sustainable Aviation Fuel Globally CHICAGO, July 24, 2024 /PRNewswire/ -- LanzaJet, a leading sustainable fuels technology company and sustain...
Sports and Music Event Tourism unlocks new opportunities to capture spend
Collinson International launches global research report unveiling how businesses can engage with sports and music fans to capture share of growing market spend. * 80% of sports and music fans in Asia Pacific (APAC) have travelled by plane to watch their favourite team or artist * Sports fans...
Fan-tastic Journeys: Sports and Music Events Take Fans to New Destinations
Priority Pass shares what sports and music fans want from their travel experiences. * Over three-quarters (80%) of sports and music fans in Asia Pacific (APAC) travelled to an event by plane in the past 3 years or plan to in the next 12 months * The top five sports people travel for globall...
Supernal and Sigma Air Mobility Collaborate on AAM Market Development
FARNBOROUGH, U.K., July 24, 2024 /PRNewswire/ -- Supernal LLC – Hyundai Motor Group's (HMG) Advanced Air Mobility (AAM) company – andSigma Air Mobility – a Luxaviation Group company – today announced a joint effort to identify and develop targeted markets for future AAM infrastructure and investm...
EHang Partners with KC Smart Mobility to Advance EH216-S Pilotless eVTOL Sale and Operation in Hong Kong and Macau
HONG KONG, July 22, 2024 /PRNewswire/ -- EHang Holdings Limited ("EHang" or the "Company") (Nasdaq: EH), the world's leading urban air mobility ("UAM") technology platform company, announced the signing of a purchase and operation cooperation agreement with KC Smart Mobility Company Limited ("KC ...
Sino Jet Continues to Set the Highest Safety Operating Standards: Achieves IS-BAO Level 3 Recertification and Decade-Long Safety Accreditation Honor
HONG KONG, July 17, 2024 /PRNewswire/ -- Sino Jet has once again triumphed in the realm of safe business aviation, securing the prestigious IS-BAO Level 3 certification for the second consecutive year—a testament to its adherence to the highest international benchmarks for safety. Moreover, Sino ...
Collinson announces partnership with UOB Indonesia to offer Priority Pass to UOB Privilege Banking customers
Partnership grants UOB Privilege Banking customers access to Priority Pass'
network of more than 1,500 airport lounges and travel experiences worldwide.
SINGAPORE, July 16, 2024 /PRNewswire/ -- Collinson
Phoenix Aviation Capital and AIP Capital Announce Agreement to Acquire Ten CFM LEAP-1B Engines
The announcement represents a strategic milestone for Phoenix Aviation Capital as it continues growing its portfolio of next generation assets. DUBLIN and STAMFORD, Conn., July 12, 2024 /PRNewswire/ -- Phoenix Aviation Capital ("Phoenix"), a full-service aircraft lessor, and AIP Capital ("AIP"), ...
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