Cebu Air to raise $500 million, reduce fleet and network
Philippine budget carrier Cebu Air Inc. plans to raise $500 million by selling preferred stock and bonds, joining airlines worldwide in trying to increase capital…
Airports may not fully recover until late 2024 according to Fitch
Fitch expects the traffic level recovery speeds to vary regionally due to differences in traffic profiles - including whether flights are for business or leisure…
MAI successfully supported PAI in taking over operations of Toncontin International Airport
Palmerola International Airport (PIA) has now become the new airport operator of Toncontín International Airport in Tegucigalpa, Honduras.
Singapore races to open borders, warning its future is at stake
Singapore is exploring ways to safely open its borders after the coronavirus outbreak led to record losses at the nation’s flag carrier and decimated traffic…
San Miguel boss Ang to start airport construction, eyes airline
San Miguel Corp. will start work this month for a Philippine airport that’s scheduled to start servicing Manila in five to six years, President Ramon…
The Dubai-Istanbul route, once rammed with flights, stays silent
For years, passenger jets have darted back and forth between Istanbul and Dubai, the two main hubs connecting airline passengers in the Middle East with…
World’s best airport warns of ‘daunting’ future amid pandemic
Changi Airport Group said the impact from the Covid-19 pandemic isn’t abating as officials behind the world’s best airport warned of a “daunting” period ahead.
House passes bill to incentivize timely airport project construction & cost savings
A bill to ensure that Airport Improvement Program (AIP) funds can be used by airports to incentivize the early completion of critical runway and airport…
Fraport expands fleet of temperature-controlled transporters at Frankfurt Airport
Fraport, the owner and operator of Frankfurt Airport (FRA), will be using two additional state-of-the-art refrigerated trailers for the transportation of temperature-sensitive pharmaceutical products. This…
Woolpert acquires Jviation, expands aviation and airport infrastructure services
Woolpert has acquired Jviation Inc., an airport planning, survey, architecture, engineering and construction management firm. Jviation serves general aviation and commercial service airports, state aeronautics…
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