New York Airport News

JFK, LGA, EWR, SWF, TEB, FRG, ISP - News That Moves the Industry

New York Airport News

JFK, LGA, EWR, SWF, TEB, FRG, ISP - News That Moves the Industry

Assaia secures $26.6M Series B to revolutionize AI in airport operations

Zurich-based aviation technology company Assaia has recently secured $26. 6 million in a Series B funding round, with Armira Growth as the lead investor. This funding round was oversubscribed, with existing investors also participating. As air traffic volumes have returned to pre-pandemic levels and airports are facing staffing constraints and tighter operational margins, there is […]

Pan Am Soars Back to Life as OC Owners Revive Iconic Airline

Pan Am, the iconic airline that revolutionized the aviation industry, is making a comeback under new ownership. In 2024, Steven Craig, the founder of Craig Realty Group, along with three other partners, acquired Pan American Global Holdings LLC from its previous owner, Timothy Mellon. Since then, the new owners have been working on various business […]

Airline Giant Seeks Crucial Role in Rival’s Bankruptcy Drama

American Airlines has filed a notice of appearance in Spirit Aviation’s ongoing bankruptcy proceedings, as stated in a recent court filing obtained by Reuters. The filing, which was made in the Southern District of New York on December 5th, requests that American Airlines receive all necessary notices related to Spirit’s second Chapter 11 bankruptcy proceedings. […]

Nepal’s Largest Corruption Scandal: Chinese Firm Charged in Pokhara Airport Project

Nepal’s Pokhara International Airport, a flagship project of China’s Belt and Road Initiative (BRI), has been embroiled in controversy and corruption allegations since its inception. The project, which was initially promoted as a BRI “flagship project”, has now become a symbol of failed strategy and financial burden for Nepal. The project was financed through a […]

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