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

Ashurst Steers Groundbreaking Freetown Airport PPP Project

Ashurst Law Firm Guides Freetown Airport PPP Project in Sierra Leone A global law firm, Ashurst, has successfully advised the sponsors, FB Group and Summa, on the development and financing of the Freetown Airport PPP project in Sierra Leone. This project marks a significant milestone as it is the first of its kind in the […]

Local Airports See Dramatic Decline in Passenger Numbers

Passenger Numbers Decline at All Airports in Los Angeles County in November Los Angeles County experienced a dip in passenger counts in November, with all four airports serving the area reporting a decrease. The most significant drop was seen at Hollywood Burbank Airport. In total, 7. 1 million passengers traveled through Los Angeles International, Ontario […]

Engine transitions emerge as a strategic game-changer for lessors and airlines

When it comes to airline and business aviation restructuring, strategic planning, revenue optimization, and cost reduction, René Armas Maes is a renowned international consultant. He started his career as a Senior Analyst at Simat, Helliesen & Eichner in New York City, providing advice to global airlines, airports, regional aviation operators, and business aviation clients. Today, […]

Spirit Airlines on the Brink: This Month Could Seal Its Fate

Bankrupt Spirit Airlines Receives Plea From Pilots to Creditors Spirit Airlines, the largest low-cost carrier in America, is facing a dire situation as its pilots make a last-minute plea to its creditors. According to the Air Line Pilots Association (ALPA), the union representing the airline’s 2,600 pilots, the decision of creditors will determine whether Spirit […]

FedEx Secures Major 125,000 SF Industrial Lease in Newburgh, New York

FedEx Corp. has recently extended its lease for a full-building industrial space at 100 Enterprise Drive in Newburgh, New York. The 125,000-square-foot building, located approximately 70 miles north of New York City, was custom-built to accommodate FedEx’s air cargo operations at Stewart International Airport. The lease negotiations were facilitated by Tom Consiglio and Todd Hali […]

Airlines Soar as Weight-Loss Drugs Lighten the Load

Weight-loss medications are becoming increasingly popular in the United States, and they could have a surprising impact on the airline industry. According to a report by the Wall Street firm Jefferies, these drugs could save U. S. airlines up to $580 million in fuel costs this year alone. The report specifically mentions GLP-1 medications, which […]

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