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Aerospace

Heathrow has busiest ever October

A record 6.56 million passengers travelled through Heathrow Airport in October (+3.9% on October 2014), making it the busiest October to date.

A record 6.56 million passengers travelled through Heathrow Airport in October (+3.9% on October 2014), making it the busiest October to date.

Larger, fuller, quieter aircraft continued to drive passenger growth at Heathrow. Seats per aircraft increased 2.1% to 209.3 while load factors increased 2.3% to 77.9% and passengers per aircraft rose 4.5% to 162.9.

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Within emerging markets, passenger volumes were particularly strong to Mexico which was up 28%, China up 18% and to the Middle East which was up 7% as carriers continue to benefit from new aircraft including A380s.

Heathrow CEO John Holland-Kaye said that Heathrow has seen “Another record month for passenger growth, particularly to emerging economies."

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Emerging market cargo volumes at Heathrow increased 3.4% over the past 12 months – notably to Turkey up 26% and Brazil up 7%.Heathrow is beginning engagement with the freight industry on a cargo blueprint that will double Heathrow’s cargo capacity and boost the UK’s global export competitiveness by enabling faster, more efficient cargo movements.

 

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Crestline invests in 2Excel

Aerospace

Crestline invests in 2Excel

18 April 2024

Aviation and engineering company 2Excel Group has completed a growth capital and refinancing transaction with the backing of new capital partner Crestline, to pursue its ambitious growth strategy.

Skyports secures investment from ACS Group

Aerospace

Skyports secures investment from ACS Group

18 April 2024

Skyports has announced that infrastructure and construction company ACS Group, has made a substantial equity investment in Skyports, to become the largest investor in the company.

SDE Technology leads development of superplastic forming process

Aerospace

SDE Technology leads development of superplastic forming process

18 April 2024

Shropshire-based lightweight engineering SME, SDE Technology, is leading an initiative to develop a new superplastic forming process, with the new hybrid manufacturing method potentially boosting manufacturing efficiency and capability in the UK for key aerospace components, that global manufacturers' use in aircraft production.

GIP to sell 50.01% stake in Edinburgh Airport to VINCI

Aerospace

GIP to sell 50.01% stake in Edinburgh Airport to VINCI

17 April 2024

Global Infrastructure Partners (GIP) announced today that it has entered into a binding agreement to sell a 50.01% stake in Edinburgh Airport to private airport operator VINCI Airports, for £1.27 billion.

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Bridewell research reveals UK CNI ransomware risks

Aerospace Security

Bridewell research reveals UK CNI ransomware risks

17 April 2024

Three-in-ten UK-based critical national infrastructure (CNI) organisations (30%) that have fallen victim to a ransomware attack have risked legal repercussions by paying a ransom.

IATA and partners release Aviation Net Zero Roadmaps Comparative Review

Aerospace

IATA and partners release Aviation Net Zero Roadmaps Comparative Review

17 April 2024

The International Air Transport Association (IATA), together with the Air Transportation Systems Laboratory at University College London (UCL), the Air Transport Action Group (ATAG), the International Council on Clean Transportation (ICCT) and the Mission Possible Partnership (MPP), released the Aviation Net Zero CO2 Transition Pathways ...

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