The International Air Transport Association (IATA) announced that the Airline Industry Retailing Symposium (AIRS) will address transforming legacy distribution and payment processes into a digital retailing environment.
“In the digital world, consumers expect to shop for travel with the same conveniences they enjoy with other online retail experiences. They want relevant, customized offers that are easily accessible on the device of their choice—which is increasingly mobile. But there is a gap in what they experience. And airlines are working hard to close it. Thanks to NDC and ONE Order, airlines are breaking out of the commoditization trap toward [...]
The International Air Transport Association (IATA) announced global passenger traffic results for June 2019 showing that demand (measured in revenue passenger kilometers or RPKs) rose by 5.0% compared to June 2018. This was up slightly from the 4.7% year-over-year growth recorded in May. June capacity (available seat kilometers or ASKs) increased by 3.3%, and load factor rose 1.4 percentage points to 84.4%, which was a record for the month of June.
“June continued the trend of solid passenger demand growth while the record load factor shows that airlines are maximizing efficiency. Amid continuing trade tensions between the US and China, and rising economic [...]
Textron Aviation Inc., announced a Memorandum of Understanding to supply Cessna Skyhawk aircraft to Embry-Riddle Aeronautical University. Embry-Riddle has agreed to an initial purchase of at least 60 aircraft between 2019 and 2022, with options for additional units. Embry-Riddle and Textron Aviation held a signing ceremony yesterday during the Experimental Aircraft Association (EAA) AirVenture at Wittman Regional Airport in Oshkosh, Wis.
“Having a customer like Embry-Riddle commit to long-term selection of the Skyhawk as their preferred trainer of choice is a continued testament to its status as the most popular single-engine aircraft ever built,” said Ron [...]
Enables Honeywell access to experimental, light-sport market, which has grown by double digits over the past five years
Honeywell has acquired privately held TruTrak Flight Systems, a leader in autopilots for experimental, light-sport and certified aircraft. The acquisition will become part of Honeywell’s BendixKing business, helping to deliver affordable technologies to the experimental and general aviation markets. This market has grown by double digits over the past five years.
“TruTrak is a natural fit with BendixKing, and this acquisition opens up an exciting new market to us,” said Carl Esposito, president, Electronic Systems at Honeywell [...]