Reading Time: < 1 minute Embraer announced the establishment of the Embraer Foundation, in Fort Lauderdale, Florida, at the Company’s U.S. headquarters. The new foundation is a sister organization to the Brazil-based Embraer Institute (Instituto Embraer), which has led the social investment initiatives of the Company since 2001. “The Embraer Foundation will consolidate our ongoing investments in social and environmental […]
Reading Time: < 1 minute The International Air Transport Association (IATA) announced new data showing that aviation and aviation-induced tourism support 1.1 million jobs and contribute $32.9 billion to Brazil’s GDP, an amount equivalent to 1.4% of the country’s GDP. These findings are among the highlights of ‘The Importance of Air Transport in Brazil’ study conducted by Oxford Economics on […]
Reading Time: 4 minutes The International Air Transport Association (IATA) called on Japan to prepare its airport infrastructure for the 2020 Olympics and future growth of the tourism industry using joined-up thinking and extensive consultation with industry. Japan has set aggressive targets for attracting international tourist arrivals. In 2016 Japan welcomed some 24 million international tourists. In the 2020 […]
Reading Time: 3 minutes Australia and New Zealand’s major airlines today announced the establishment of a new industry group to advocate and pursue reform on public policy issues that impact the aviation sector and broader economy in the region. Airlines for Australia and New Zealand (A4ANZ) will enable Air New Zealand, the Qantas Group, Regional Express Holdings and the […]
Reading Time: < 1 minute The Russian government plans to invest RUB20.4 billion ($350 million) in Ilyushin Il-114-300 aircraft and RUB17.2 billion in long-haul, widebody Il-96-400 aircraft in 2018-2019. The investments were disclosed by Deputy Prime Minister Dmitry Rogozin at the first meeting of the newly created government aviation board March 6. Last year, the government allocated RUB52 billion to […]
Reading Time: < 1 minute On 27 December the 23 millionth passenger in 2016 was welcomed by Vienna Airport. Julian Jäger, Member of the Management Board of Flughafen Wien AG, congratulated the airline passenger with a € 500 shopping voucher and a stay at the airport lounge for the entire family. “23 million passengers were handled by Vienna Airport this […]
Reading Time: 2 minutes Airports are placing a higher priority on IT investments for passenger and airport security with 50% rating it a high priority, up from 37% last year. This is according to the 2016 Airport IT Trends Survey, the extensive annual study of IT trends within the global airport industry co-sponsored by SITA and Airports Council International […]
Reading Time: 4 minutes The world’s airlines will continue their streak of collective profitability in 2017, but anticipated higher costs coupled with a sluggish global economy lead IATA forecasters to believe 2017’s industry net profit will be almost $6 billion lower than 2016’s expected profit. If the global airline industry posts a net profit of $29.8 billion in 2017, […]
Reading Time: < 1 minute In an indication that steadily tightening global economic conditions are hitting even the most prominent airlines, Etihad Airways has announced it intends to reduce staff numbers. The Abu Dhabi-based carrier, which has expanded its interests rapidly in recent years, says that a company restructuring will “result in a measured reduction of headcount in some parts […]
Reading Time: 3 minutes A PricewaterhouseCoopers report pegs the agriculture drone market to be worth $32.4 billion. You might be familiar with the idea of drones delivering consumer packages or monitoring security areas, but did you know that drones were first used commercially in Japan for agricultural purposes? In fact, agricultural efficiency is poised to take a big leap […]