IBA Reports Global Airline Capacity Exceeds Pre-Pandemic Levels in 2024

ByAdmin 06/11/202408/11/2024

IBA, a leading aviation consultancy based in the UK, has reported that airline capacity in 2024 has surpassed 2019 pre-pandemic levels across all regions. Key metrics show significant growth, reflecting a robust recovery in global air travel. Available Seat Kilometers (ASKs) rose by an impressive 104%, highlighting a substantial increase in capacity compared to the previous year. Additionally, revenue grew by an average of 23.1% in 2023 compared to 2022, underscoring a strong financial performance as airlines stabilized operations.

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Corporation | Management

ACC Aviation Appoints Alan Jordan as Chairman Following Ownership Transition

ByAdmin 05/03/202507/03/2025

ACC Aviation (UK) has announced the appointment of Alan Jordan as Chairman, a strategic move that follows the company’s transition to an Employee Ownership Trust (EOT). This leadership change aims to reinforce ACC Aviation’s long-term growth strategy and align with its employee-driven operational model.

Boeing | Corporation | Management

Boeing Appoints Stacie Sire To Lead India Engineering Center

ByAdmin 25/04/202525/04/2025

Boeing has appointed Stacie Sire as the new vice president and managing director of the Boeing India Engineering & Technology Center (BIETC) and chief engineer for Boeing India. She succeeds Ahmed Elsherbini, taking the helm of one of Boeing’s key global engineering and R&D hubs outside the United States.

Corporation | Management | MRO

Contrail Aviation Appoints Tom Keeler as VP Technical

ByAdmin 08/04/202509/04/2025

Contrail Aviation Support, a U.S.-based provider of aircraft engine solutions and aftermarket services, has announced the appointment of Tom Keeler as its new Vice President Technical. Keeler brings decades of aviation industry experience and is expected to play a critical role in enhancing Contrail’s technical operations as the company expands its global footprint.

ACMI | Corporation | Fleet

GlobalX Projects Growth in Passenger ACMI Services and Shifts Towards Fleet Ownership

ByAdmin 08/03/202511/03/2025

GlobalX expects passenger ACMI to remain a core driver of its business, with further expansion anticipated in 2025. Growth will be supported by additional aircraft deliveries in the second half of the year, alongside strengthened partnerships across North America and Europe. The airline is focused on scaling its ACMI operations, ensuring flexibility and capacity for airlines requiring short-term and seasonal capacity solutions.

Corporation | Crisis

Special Audit Finds Governance Failures in Nordica’s Bankruptcy

ByAdmin 28/01/202530/01/2025

A special audit into the bankruptcy of Nordica (Estonia) has uncovered governance failures, citing shortcomings in both the management and supervisory boards that contributed to the airline’s financial collapse. The findings highlight internal mismanagement as a key factor in the carrier’s downfall.

Corporation | Partnership

Joby Aviation and Virgin Atlantic Partner to Launch Air Taxi Service in the UK

ByAdmin 18/03/202520/03/2025

Joby Aviation (US) has announced a strategic partnership with Virgin Atlantic (UK) to introduce an air taxi service in the UK, marking a significant milestone in urban air mobility. This collaboration aims to redefine regional and city-based transportation with electric vertical takeoff and landing (eVTOL) aircraft.

Corporation | Management

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