by Dino D'Amore | Nov 9, 2021 | Airports, Zone: Europe
The Fraport global airport company has reported a significant increase in revenue and the Group result (net profit) during both the third quarter and the first nine months (ended September 30) of the 2021 business year. Factors contributing to this increase included a...
by Dino D'Amore | Nov 9, 2021 | Airports, Zone: Europe
The end of strict US entry restrictions for European travellers has further boosted transatlantic travel at Munich Airport, with Lufthansa resuming flights to Miami for the first time in addition to the routes it has already begun operating again this year. Flights...
by Dino D'Amore | Nov 9, 2021 | Airports, Zone: Europe
In their flight plans, aircraft request to cruise at an altitude (‘flight level’) that’s most efficient for them, so that they burn less fuel. When airspace is congested, they might request lower or be kept lower by air traffic management. A graph supplied by...
by Dino D'Amore | Nov 8, 2021 | Airports, Zone: Asia/Pacific
The board of Sydney Airport has agreed to a buyout from a consortium led by Melbourne-based IFM Investors for A$23.6bn (US$17.5bn). The consortium, known as Sydney Aviation Alliance, offered the airport A$8.75 a share. The deal values Sydney Airport’s equity at...
by Dino D'Amore | Nov 8, 2021 | Cargo, Zone: Europe
IAG Cargo has increased its schedule into the United States, as the country reopens to fully vaccinated passengers. The new schedule will service 21 destinations across the country including additional capacity into key routes and the restart of the service into...
