The aircraft leasing industry faces a stable outlook for 2025, with strong travel demand and aircraft supply constraints expected to support solid financial performance, according to a new Morningstar DBRS report. Global air travel demand remains robust, driven by leisure travel and improving corporate bookings. “We expect continuing solid growth dynamics in global aviation along
Airbus has appointed Carmen-Maja Rex as its new Chief Human Resources Officer, effective 1 April 2025. Ms Rex will join the Executive Committee and report directly to Airbus CEO Guillaume Faury. She currently serves as Human Resources Group Director at Heidelberg Materials, a global building materials manufacturer. The appointment comes as current HR chief Thierry
CommuteAir has signed a contract with Embraer for inventory and repair services to support its E-Jet aircraft fleet through the Exchange Plus Program. The agreement gives CommuteAir access to Embraer’s global supply chain for parts management. “CommuteAir is excited to build on its existing partnership with Embraer for our ERJ145 aircraft to now include parts
Embraer launched its ONEChain Program to digitalize and streamline supply chain operations through a new integrated management platform. The aerospace company said the initiative would help balance production output and improve supplier collaboration as part of its growth strategy. “In addition to achieving enhanced operational efficiency, we have integrated all operations with our suppliers and
SITA and IDEMIA have joined forces to create an interoperable digital travel system that promises to streamline passenger identification across airports worldwide. The partnership aims to develop an open trust network allowing travellers’ digital identities to be recognised seamlessly across international borders. This new ecosystem will connect governments, airports and airlines through a decentralised framework,
Air Charter Service has recorded its strongest performance in Greater China with significant growth across its Shanghai and Hong Kong operations. The aircraft charter specialist reported an 18 per cent revenue increase in Hong Kong, while its Shanghai office saw charter numbers surge 40 per cent in 2024. The company’s growth followed a strategic decision
