South Korean airlines dominate the South Korea-Japan air travel market, controlling 92% of the 1.3 million December 2024 seats. The Korean Air and Asiana Airlines merger will further consolidate this dominance, leaving Japanese carriers with limited capacity. Competition is mainly confined to a few key routes, but the overall trend shows growing centralization of capacity in South Korean hands.
Results for: Aviation
EVA Air has achieved a major milestone in its sustainability journey, debuting on the DJSI Emerging Markets Indices and securing the top ESG score in the global aviation sector for 2024 in the S&P Global Corporate Sustainability Assessment. The airline’s commitment to SAF and other initiatives demonstrates its dedication to environmental responsibility.
Cathay Pacific has achieved a remarkable triple win at the prestigious TheDesignAir Awards 2024, securing ‘Design Airline of the Year, Asia,’ ‘Best New Business Class,’ and ‘Best New Premium Economy.’ This triumph underscores the airline’s dedication to innovative design and exceptional customer experience.
Bombardier announced the appointment of Bettina Fetzer, Vice President of Digital & Communications at Mercedes-Benz, to its Board of Directors, effective January 1, 2025. This follows the departure of Ji-Xun Foo and Eric Sprunk. Fetzer’s extensive experience in global communications and marketing is expected to significantly contribute to Bombardier’s continued growth.
Avianca celebrates a record-breaking year in 2024, expanding its route network to 167 destinations across 25+ countries, carrying nearly 38 million passengers – a 27% increase compared to 2019. The airline’s success is attributed to its focus on accessibility and connectivity, particularly within Latin America.
Hong Kong International Airport is expecting a massive influx of passengers this Christmas, reaching pre-pandemic levels thanks to its new three-runway system. The airport anticipates nearly 200,000 daily passengers and is actively recruiting to meet future growth demands.
Frankfurt Airport saw a 4.2% rise in passenger traffic in November 2024, exceeding expectations amidst a global aviation rebound. While still slightly below pre-pandemic levels, the Fraport Group’s network shows significant growth in various international locations, highlighting positive recovery trends.
Pathway Energy, a subsidiary of Nexus Holdings, unveils a groundbreaking commercial-scale sustainable aviation fuel (SAF) facility in Texas. This facility produces ultra carbon-negative SAF, achieving a 550% carbon reduction compared to traditional jet fuel and paving the way for truly carbon-neutral air travel.
Air India has solidified its ambitious fleet modernization plan by converting options for 100 Airbus aircraft into firm orders. This significant move adds to the airline’s already substantial 470-aircraft order placed in 2023, signaling a long-term commitment to growth and fleet renewal.
Noida International Airport (Jewar Airport) successfully completed its first flight validation test, a crucial step towards its April 2025 commercial launch. An IndiGo flight from Delhi landed at Jewar, marking a significant milestone in the airport’s development.