Air News

Explore trends in air transport with updates on aviation technology and airline services. Learn about advancements in aircraft technology, sustainability efforts, and how these innovations are shaping the future of air travel globally.

Mar 19, 2026 at 4:48 PM

Sky Harbour Announces Record Q4 and 2025 Results; Meets 2025 Site Acquisition Target and Operating Cash Flow Breakeven Guidance; Provides Business and Financial Update

WEST HARRISON, N.Y.--(BUSINESS WIRE)--Sky Harbour Group Corporation (NYSE: SKYH, SKYH WS) (“SHG” or the “Company”), an aviation infrastructure company building the first nationwide network of Home Base Operator (HBO) campuses for business aircraft, announced the release of its audited financial results for the year ended December 31, 2025 on Form 10-K. The Company also announced the filing of its unaudited financial results for the year ended December 31, 2025 for Sky Harbour Capital (Obligated...
Mar 19, 2026 at 4:19 PM

World Kinect Corporation Declares Regular Quarterly Cash Dividend

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) announced today that its board of directors has declared a quarterly cash dividend of $0.20 per share, which is payable on April 16, 2026 to shareholders of record on March 30, 2026. About World Kinect Corporation Headquartered in Miami, Florida, World Kinect Corporation (NYSE: WKC) is a global energy management company offering fulfillment and related services to customers across the aviation, marine, and land transportation sectors....
Mar 19, 2026 at 4:06 PM

FedEx Reports Strong Third Quarter Results

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) today reported the following consolidated results for the third quarter ended February 28 (adjusted measures exclude the items listed below):   Fiscal 2026   Fiscal 2025   As Reported (GAAP)   Adjusted (non-GAAP)   As Reported (GAAP)   Adjusted (non-GAAP) Revenue $24.0 billion   $24.0 billion   $22.2 billion   $22.2 billion Operating income $1.35 billion   $1.62 billion   $1.29 billion   $1.51 billion Operating margin 5.6%   6.7%   5.8%  ...
Mar 19, 2026 at 2:51 PM

New Census Shows Convenience Services Outpacing Much of Foodservice and Shifting Toward Tech‑Enabled, Health‑Forward Offerings

ARLINGTON, Va.--(BUSINESS WIRE)--The NAMA Foundation today released The 2024–25 State of Convenience Services, a new industry census that reveals how self-service retail and workplace amenities are driving some of the strongest growth in food and beverage access. It also explores how the mix of micro markets, vending, office coffee service, and pantry continues to evolve. Developed in partnership with Technomic, the report gives decision‑makers a powerful view of industry scale, performance ben...
Mar 19, 2026 at 11:00 AM

Office of Strategic Capital Founder Dr. Jason Rathje joins Elroy Air’s Defense Advisory Board

SAN FRANCISCO--(BUSINESS WIRE)--Elroy Air, the leading U.S.-based developer of autonomous aerial systems for middle-mile logistics, today announced that Dr. Jason Rathje has joined the company’s Defense Advisory Board. Rathje was the founding director of the Department of War’s Office of Strategic Capital (OSC), an office dedicated to attracting private investment in critical technologies vital to U.S. national security. Rathje positioned OSC to manage up to $200B in credit authority, making it...
Mar 19, 2026 at 10:00 AM

Grand Hyatt at SFO Named Best Airport Hotel in North America at the 2026 World Airport Awards; Ranked No. 2 Worldwide

CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE: H) proudly announces that Grand Hyatt at SFO has been named the Best Airport Hotel in North America at the 2026 World Airport Awards by Skytrax. In addition to leading the North America region, the hotel has achieved the distinction of being ranked No. 2 Airport Hotel Worldwide, solidifying its position among the top airport hotels across the globe. Presented annually, the World Airport Awards are widely regarded as the most prestigious...
Mar 19, 2026 at 10:00 AM

Allstates WorldCargo Acquires ELITeXPO, Expanding Tradeshow Logistics Capabilities

ORLANDO, Fla.--(BUSINESS WIRE)--Allstates WorldCargo, a leader in customized, expedited logistics solutions, today announced its acquisition of ELITeXPO, a Chicago-based tradeshow logistics provider specializing in end-to-end support for exhibiting companies. The acquisition strengthens Allstates WorldCargo’s position in the tradeshow vertical by adding a specialized provider with decades of experience supporting exhibitors in complex, time‑critical environments. ELITeXPO will continue to opera...
Mar 19, 2026 at 10:00 AM

Two Former White House Travel Office Directors Now Lead Washington’s Premier Private Aviation Firm

ARLINGTON, Va.--(BUSINESS WIRE)--Advanced Aviation Team (AAT), a Washington, D.C.-based private aviation firm specializing in charter brokerage and complex, security-sensitive travel logistics, today announced that Peter Newell has joined the company as President. With Newell joining Founder & CEO Gregg Brunson-Pitts — who served as Director of the White House Travel Office under President George W. Bush — AAT is now led by two former presidential travel directors. Newell brings more than t...
Mar 19, 2026 at 8:00 AM

STARLUX Airlines Honored with Global Top Five Ranking in 2026 World’s Best Airlines Awards

TAIPEI, Taiwan & LOS ANGELES--(BUSINESS WIRE)--STARLUX Airlines Honored with Global Top Five Ranking in 2026 World’s Best Airlines Awards...
Mar 19, 2026 at 7:30 AM

Surf On Demand Achieves ARGUS Certified Charter Broker Accreditation and Joins Air Charter Safety Foundation

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”, or the “Company”), today announced Surf On Demand, the Company’s On Demand charter business, has achieved ARGUS Certified Charter Broker™ accreditation, a recognized industry standard for operational excellence and due diligence in private aviation brokerage. Surf On Demand has also joined the Air Charter Safety Foundation (“ACSF”), a nonprofit dedicated to advancing private and business aviation safety. The...
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