The World of Aviation

Morningstar DBRS, a global credit ratings business, has released a commentary exploring the potential impact of climate change on the airport sector, stating that the near-to-medium term impact is expected to be low. The report highlights that climate change risk entails both physical and transitional risks that could potentially affect an issuer’s business and financial

Eve Air Mobility, a leading developer of Urban Air Traffic Management (Urban ATM) solutions for Advanced Air Mobility (AAM) operations, has unveiled the name of its software, Vector, at the Airspace World in Geneva. Vector is an agnostic software solution designed to address the unique air traffic and network management challenges of current and future

IAE International Aero Engines AG (IAE) has announced that it successfully tested the V2500 engine using 100% sustainable aviation fuel (SAF) at MTU Maintenance Hannover in Germany. IAE, a multinational consortium comprised of Pratt & Whitney, Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines AG, stated that the

Korean Air is set to bolster its international services for the summer 2024 season, commencing on March 31. The expansion plan includes resurrecting flights to four cities across China, Europe, and Southeast Asia, and ramping up the frequency of flights on key routes. This strategic move aims to elevate the airline’s international capacity to approximately

Singapore Airlines is set to enhance its Premium Economy Class service, introducing a range of new food and beverage choices along with an exclusive amenity kit from 31 March 2024. This initiative represents the airline’s most significant update to its Premium Economy Class offerings since the service was first introduced in 2015. Upon boarding, passengers

The sale of Goulburn Airport, a general aviation facility located between Sydney and Canberra, is being managed by Ashby York, a real estate firm. Located 7 km south of Goulburn, the airport offers connectivity to major transport routes, including the M1 motorway, facilitating access for aircraft operations and passengers. The airport features a mix of