Airlines Reporting Corp. (ARC), a USA-based air travel intelligence company, has released data showing that ARC-accredited travel agencies experienced a 69% month-over-month increase in net sales from April to May 2020
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Market intelligence firm, ResearchAndMarkets.com, has released a report that predicts the air travel market will recover and grow at a CAGR of 8% from 2021 and reach US$765.1 billion in 2023
Finnish airport company, Finavia, has signed a cooperation agreement with the Helsinki Electric Aircraft Association, with the objective of introducing a new generation of electric aircraft in Finland
Arcus Air Group is divesting its logistics division to concentrate on airline and executive aviation. The CEO has noted clear growth in business aviation after the first opening of international borders
Frost & Sullivan has released an airline IT market forecast to 2025, showing that airlines are increasingly introducing digital enablers. North American airlines will be the highest revenue contributor, with APAC expected to be the key growth engine
Flight movements in Europe have hit 7,000 for the first time since March, with volumes expected to nearly double in the next month as coronavirus travel restrictions begin to ease
The latest figures released by the Civil Aviation Administration of China (CAAC) indicate that, on 15 May 2020, China’s civil aviation sector operated 10,262 flights, which was about 60% of the number before the Covid-19 outbreak
Honeywell has formed a new business unit dedicated to the growing Unmanned Aerial Systems (UAS) and Urban Air Mobility (UAM) industries, comprising technology, software, services and certification expertise
The 14th Crystal Cabin Awards were due to take place in Hamburg on 1 April 2020 until Covid-19 happened. The organisers have rescheduled the event for 13 April 2021, with a special category added to recognise the aviation industry’s excellence in keeping passengers safe during the pandemic
Embraer has commenced its restructuring process with the reintegration of the commercial aviation business. The Brazil-based aerospace company has also announced the appointment of Arjan Meijer as the new president and CEO of Embraer Commercial Aviation