Frontier Group Holdings submitted (29-Jan-2025) a proposal to combine with Spirit Airlines through the issuance of newly issued Frontier debt and common stock. The proposed transaction aims to ...
Sean Duffy was sworn in as the 20th Secretary of the DoT. Mr Duffy stated: "We are already hard at work executing the President's vision to usher in a golden age of transportation by taking immediate ...
Port Authority of New York and New Jersey ( PANYNJ) reported (29-Jan-2025) its airports handled 145.9 million passengers in 2024, according to initial estimates, surpassing the previous record of 143.
Lufthansa Group signed (29-Jan-2025) an agreement to invest EUR14 million in airBaltic for a 10% stake and supervisory board seat. The closing of the transaction is planned for 2Q2025, and is subject ...
IATA director general Willie Walsh stated: "Air cargo was the standout performer in 2024 with airlines moving more air cargo than ever before", noting: "Importantly, it was a year of profitable growth ...
SUA Líneas Aéreas and airBaltic signed (29-Jan-2025) a collaboration agreement ahead of SUA's planned launch in 4Q2025. airBaltic will wet lease five A220-300s to SUA from Oct-2025, with plans for the ...
Seattle-Tacoma International Airport handled 52.6 million passengers in 2024, an increase of 3% year-on-year and an increase of 2% compared to 2019. The performance was a new record for the airport, ...
European Parliament's Transport and Tourism Committee approved (29-Jan-2025) the EU-Bangladesh air services agreement, granting EU airlines non-discriminatory access to routes bet ...
Mumbai Chhatrapati Shivaji Maharaj International Airport announced (28-Jan-2025) plans to commence the redevelopment of Terminal 1 in Nov-2025, with planned works including: Terminal overhaul to cater ...
ACI World and ICAO reported (28-Jan-2025) the following preliminary analysis for 2024 from its Passenger Traffic Report, Trends, and Outlook: ACI World estimated that 2024 will be ...
Latin American and Caribbean Air Transport Association released (28-Jan-2025) the 'Route to Sustainability in Latin America and the Caribbean' report, highlighting progress, chall ...
Traffic is projected to grow at a CAGR of 3.6% to reach 244% of 2019 levels by 2050, driven by strong growth in emerging markets. RPKs are expected to grow at a CAGR of 4.2%, reaching 284% of 2019 ...