TP Aerospace
AviTrader sponsorship ad

Mitsubishi Corporation participates in new airport operation project in Mongolia

Mitsubishi Corporation (MC), Narita International Airport Corporation (NAA), Japan Airport Terminal Co., (JATCO), and JALUX Inc. (JALUX) have established a joint venture with the Government of Mongolia: New Ulaanbaatar International Airport (NUBIA). NUBIA has entered into a 15-year concession agreement with the National Development Agency of Mongolia concerning the operation of the New Ulaanbaatar International Airport, which is expected to open in the first half of 2020 upon completion of pre-operation work and relocation from the existing airport.

Demand for air transport in Mongolia is rising, with Ulaanbaatar, its capital and thus most important political, economic and commercial hub, at the center of growth. In 2018, the number of passengers utilizing the existing airport reached 1.42 million, up 14% from the previous year. With continued investment in its abundant coal, mineral and livestock resources, demand for aviation services is expected to increase further in Mongolia and boost the importance of its airports.

While the New Airport is located approximately 50 km south of Ulaanbaatar city, its new geographical location enables aircraft to take off and land from both ends of the runway. This is a significant improvement from the existing airport, where, due to mountains to the south and east, only one end of the runway can be used and flight schedules are more often adversely impacted by weather conditions such as wind direction. The New Airport has been realized through an ODA (Official Development Assistance) yen loan provided by the Government of Japan to the Government of Mongolia.

Thursday March 28, 2024
Ground-breaking of AAR's new facility in Miami ยฉ AAR Corp.
On Wednesday, March 27, AAR CORP. commenced the construction of its new maintenance, repair, and overhaul (MRO) facility in Miami, marking a significant milestone for the company. Over 400 attendees congregated to commemorate the occasion, with John M. Holmes,... Read More ยป
Thursday March 28, 2024
Johan Malmqvist
Lilium has appointed Johan Malmqvist as Chief Financial Officer (CFO) effective April 1, 2024, bringing more than 25 years of experience as a CFO of global public and private companies across a variety of sectors and geographies. Most recently, he served as CF... Read More ยป
Thursday March 28, 2024
The Airbus A220 is powered by PW1500G engines
SIA Engineering Company (SIAEC) has entered into an agreement with Pratt and Whitney (P&W) to exit from the PW1500G engine risk-revenue sharing programme (RRSP) that was held through its wholly-owned subsidiary, NexGen Network (2) Holding (NGN2). This prog... Read More ยป
Thursday March 28, 2024
Honeywell will initiate a voluntary tender offer to acquire all outstanding shares of Civitanavi for a purchase price of โ‚ฌ6.30 per share in cash ยฉ Civitanavi
Honeywell will initiate a voluntary tender offer to acquire all outstanding shares of Civitanavi Systems S.p.A., for a purchase price of โ‚ฌ6.30 per share in cash (an equity value of approximately โ‚ฌ200 million at closing). The acquisition will further streng... Read More ยป
Thursday March 28, 2024
STS Aviation Group
STS Aviation Groupย has announced the expansion of STS Aviation Services UK, with the opening of two new line maintenance stations at East Midlands (EMA) and Norwich (NWI) airports in the United Kingdom, effective April 1, 2024. This strategic expansion is set... Read More ยป
Thursday March 28, 2024
ยฉ Lufthansa and the trade union Ver.di resolved the ongoing pay dispute
Following successful mediation, Lufthansa and the trade union Ver.di have reached an agreement on the main features of a collective labour agreement for approximately 25,000 Lufthansa employees, announced in Frankfurt. Details of the agreement to be disclosed ... Read More ยป
Wednesday March 27, 2024
Condor Boeing 757-300 aircraft ยฉ AirTeamImages
Crestone Air Partners, an aviation asset management platform supported by Air T, has successfully acquired eleven Boeing 757-300 aircraft. This milestone transaction not only signifies substantial growth for Crestone but also underscores its capability to exec... Read More ยป
Wednesday March 27, 2024
SAS
SAS AB has officially applied for company reorganisation (Sw. fรถretagsrekonstruktion) in Sweden today, March 27, 2024. The commencement of this process is contingent upon approval from the Stockholm District Court. It’s important to note that this appli... Read More ยป
Wednesday March 27, 2024
ยฉ Brussels Airlines
Brussels Airlines has successfully concluded negotiations with cockpit unions regarding their reward package, with the agreement formally signed on March 24, 2024. The specifics of the agreement will be communicated to the cockpit community in the forthcoming ... Read More ยป
Wednesday March 27, 2024
IFS Cloud has been selected by Joby Aviation to shape the future of eVTOL aircraft
Joby Aviation, the manufacturer of eVTOL aircraft for commercial air taxi services, has selected the IFS Cloud for Aviation Maintenance solution for its pioneering eVTOL aircraft maintenance processes. Joby continues to lead the way on the development of eVTOL... Read More ยป
Wednesday March 27, 2024
Over two-million gallons of blended SAF will be supplied into the fuelling system at Schiphol Airport over the course of 2024 ยฉ Emirates
Emirates has commenced the activation of its fuel agreement with Neste this month at Amsterdam Schiphol Airport. Over two-million gallons of blended sustainable aviation fuel (SAF) will be supplied into the fuelling system at Schiphol Airport over the course o... Read More ยป
Wednesday March 27, 2024
the Ai Co-Validator promises to radically transform the way organisations process large volumes of incoming reports by leveraging artificial intelligence (AI)
ASQS, a provider of integrated aviation quality and safety management solutions has launched its latest feature โ€“ the iQSMS Ai Co-Validator. Developed in cooperation with Lufthansa Industry Solutions (LHIND), a renowned IT service provider specialising in di... Read More ยป
Tuesday March 26, 2024
Abelo has acquired four ATR 72-600s through SKY Leasing, currently on lease to IndiGo ยฉ ATR
Regional aircraft lessor Abelo has acquired four ATR 72-600 aircraft through SKY Leasing. This strategic transaction expands Abeloโ€™s portfolio to a total of 57 owned and managed aircraft. All four aircraft are currently on lease to Indiaโ€™s low-cost carrier... Read More ยป
Tuesday March 26, 2024
ยฉ Shutterstock
AAR CORP. has reported third-quarter fiscal year 2024 consolidated sales of US$567.3 million and income from continuing operations of US$14.0 million. For the third quarter of the prior year, the company reported sales of US$521.1 million and income from conti... Read More ยป
Tuesday March 26, 2024
New bins will be available on 50 aircraft by the end of this year and can accommodate up to 29 more bags per flight, helping make room for everyone's carry-on ยฉ United Airlines
United Airlines (United) has released that it is installing new, larger overhead bins on its SkyWest operated Embraer E175 fleet that will provide more room for passengers’ roll aboard carry-on bags. These new bins will be available on 50 aircraft with a... Read More ยป
Tuesday March 26, 2024
C&L Aerospace has opened a new warehouse in Leipzig, Germany ยฉ Shutterstock
C&L Aerospace, a C&L Aviation Group company, has opened a 20,000-ftยฒ parts warehouse in Leipzig, Germany. This location was carefully researched and chosen in order to provide the most convenient shipping hub for Europe and beyond. The company warehou... Read More ยป
Tuesday March 26, 2024
Pentagon 2000 Software
Pentagon 2000 Software, Inc. has successfully completed the SOC1 Audit and Certification process. This audit, conducted by third-party auditor Ernst & Young according to AICPA standards, is crucial for ensuring trust in financial reporting. The audit’... Read More ยป
Tuesday March 26, 2024
David McBride
David McBride has been appointed Chief Technology Officer (CTO) for Supernal LLC โ€“ Hyundai Motor Groupโ€™s Advanced Air Mobility (AAM) company. McBride will lead Supernalโ€™s technology strategy and vehicle development, reporting to CEO, Jaiwon Shin. โ€œFoll... Read More ยป
Monday March 25, 2024
Dave Calhoun
Boeing President and CEO, Dave Calhoun, has declared his intention to step down from his CEO position at the end of 2024. However, Calhoun will continue to guide Boeing through the remainder of the year to ensure the completion of crucial ongoing initiatives a... Read More ยป
Monday March 25, 2024
Airbus Defence and Space has signed an agreement to acquire INFODAS, German company that provides cybersecurity and IT solutions ยฉ Airbus
Airbus Defence and Space has announced plans to acquire INFODAS, a leading Cologne-based German firm specialising in cybersecurity and IT solutions for the public sector, including defence and critical infrastructures. The agreement, subject to regulatory appr... Read More ยป

2023 MEDIA KIT

Aviation Media Pack

Learn more on how AviTrader can expand your market

Please contact

Tamar Jorssen
Vice President Sales & Marketing
+1.778.213.8543
[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada

Subscribe to the most widely accepted news source in the aviation industry!


Free Daily, Weekly and MRO Publications delivered to your Inbox!
News Alerts, Editorials, Marketplace, Executive Interviews +more

Select publications:

*we respect your privacy and AviTrader will not share your email address to any 3rd Parties.

Scroll to Top
AviTrader

FREE
VIEW