China’s HNA Group Company Limited and Azul Brazilian Airlines recently announced a new strategic partnership where the HNA Group will acquire a 23.7 per cent stake in Azul, Brazil’s third largest airline, aiming to benefit from substantial passenger traffic between China and Brazil, which are strong global trade partners. HNA Group will assume the role of single largest shareholder of Azul, and will appoint new members to the board of directors. Through the partnership, the companies will … [Read more...] about China’s HNA takes 23.7% stake in Brazil’s Azul Airlines
Carriers
ABC has IOSA safety cert renewed for two more years
AirBridgeCargo Airlines (ABC) has successfully passed the audit procedures for compliance with the International Air Transport Association’s Operational Safety Audit (IOSA), renewing its certification for a further two years. The extension of the airline’s IOSA certificate acknowledges ABC's conformance with the highest global air safety requirements and follows a five-day inspection by independent auditors. This process reviewed AirBridgeCargo’s flight performance, operating control, … [Read more...] about ABC has IOSA safety cert renewed for two more years
IAG Cargo expands its EuroConnector service by 26 stations
IAG Cargo has significantly increased its European network by adding 26 new stations via its Vueling network. A total of 128 European stations are now available on IAG Cargo’s network; giving customers even more point to point connection options. The new stations will open up export to businesses in Europe’s smaller, provincial airports in addition to bigger European hubs. IAG Cargo’s time definite EuroConnector service will allow businesses to ship goods under 300 kilos in, out of and around … [Read more...] about IAG Cargo expands its EuroConnector service by 26 stations
Qatar Airways first carrier to fly A350 to US, readies Philly service
Qatar Airways became the first airline to fly the A350 to the US with the ferry flight leaving Hamad International Airport on the morning of 8 December, landing at JFK International later in the same day. Qatar Airways was the global launch carrier of the A350 and is the first to fly the aircraft to three continents; the airline’s fleet of seven A350s currently flies twice a day to Frankfurt, daily to Munich and three times a day to Singapore from Doha. An eighth A350 will join the fleet … [Read more...] about Qatar Airways first carrier to fly A350 to US, readies Philly service
HK signs loan US$600m loan deal for third runway
The Airport Authority Hong Kong has signed a five-year, US$600 million evolving credit facility with 21 local and international banks participating, to help finance the expansion to a three-runway airport. Jack So Chak-kwong, the authority’s chairman, said a third runway is vital for HKIA’s cargo business, which handled 4.38 million tonnes in 2014 – a 6.0 per cent rise over the previous year. For the first six months of 2015, cargo traffic at HKIA was mostly flat, rising just 0.6 per cent, … [Read more...] about HK signs loan US$600m loan deal for third runway
PAL mulls move to Clark as NAIA congestion losses rise
Philippine Airlines, Inc. (PAL) said its losses reach around US$1,780 for every 30-minute delay in its flights due to the runway congestion at Manila's Ninoy Aquino International Airport (NAIA). Jaime J. Bautista, president and chief operating officer of PAL, made the comments in New Zealand during a ceremony marking the inaugural Philippine Airlines four-times weekly flight from Manila to Auckland on 8 December. “Many times we fly around Metro Manila for additional 20 to 30 minutes - we did … [Read more...] about PAL mulls move to Clark as NAIA congestion losses rise