Ben Baldanza, former president and CEO of U.S. ultra-low-cost-carrier Spirit Airlines, died Nov. 5 after a long battle with amyotrophic lateral sclerosis.
Sofia Airport operator SOF Connect is investing BGN500 million ($275 million) in a third terminal, which is expected to be completed within eight years.
For U.S. passenger operators, their $7.8 billion 2023 net profit was $6 billion above 2022’s performance, but still considerably under 2019's $14.8 billion.
UPS says the new HKG facility will have the capacity to handle around 1 million tons of cargo annually, although the expected build cost has not been revealed.
The two largest remaining operators of the McDonnell Douglas-developed MD-11 freighter have announced plans to begin retiring their fleets of aging trijets.
Decision makers from IAG Cargo, MASkargo, UPS and Emirates SkyCargo have confirmed their attendance at the brand-new event dedicated to air cargo network development.
Vietjet Air ended pandemic-stricken 2020 with a VND70 billion ($3 million) post-tax profit, boosted by strong ancillary revenue which accounted for 50% of all income.