American Airlines Group Inc announced the election of Howard Ungerleider, 55, to its board of directors. Ungerleider will serve on the board’s Audit Committee and Compensation Committee. “We are very pleased to welcome Howard to American’s board of directors,” said American’s Chairman Greg Smith. “Howard is an accomplished executive who has held key commercial, financial and operational roles over three decades at Dow. His financial expertise and global business and leadership experience will … [Read more...] about American Airlines names Howard Ungerleider to its board of directors
international express delivery
Teleport opts for Wiremind’s SKYPALLET solution
Teleport, the logistics venture of Capital A Berhad is the first Southeast Asian logistics provider to implement Wiremind’s SKYPALLET product and is also lined up as one of the first customers of upcoming SKYPALLET Version 2. Southeast Asia’s number one integrated logistics provider, Teleport, and Wiremind signed the SKYPALLET implementation contract on 01 June 2024, following a successful Proof of Concept trial. The stepwise roll-out of the original SKYPALLET software version is now … [Read more...] about Teleport opts for Wiremind’s SKYPALLET solution
Cathay fully repays the Hong Kong SAR Government’s HK$19.5 billion investment
The Cathay Group reached another major milestone on its rebuild journey as it fully repaid the Hong Kong SAR (HKSAR) Government’s HK$19.5 billion investment. The Cathay Group has now bought back the remaining 50% – HK$9.75 billion – of the preference shares that were issued to the HKSAR Government as part of the Cathay Group’s 2020 recapitalisation. The Cathay Group previously bought back the initial 50% of the preference shares in December 2023. In addition, the Cathay Group has paid the … [Read more...] about Cathay fully repays the Hong Kong SAR Government’s HK$19.5 billion investment
DHL extends partnership with Mitteldeutsche Flughafen AG until 2053
DHL Group has extended the framework agreement with Mitteldeutsche Flughafen AG (MFAG) ahead of schedule by a further 15 years until 2053. The company is making a significant contribution to the economic stability and future viability of Leipzig/Halle Airport and the region. In addition, the Group will continue to expand the aprons over the next few years and reaffirm its commitment to the Schkeuditz site. Tobias Meyer, CEO DHL Group said, “The DHL Hub in Leipzig is an important engine for … [Read more...] about DHL extends partnership with Mitteldeutsche Flughafen AG until 2053
Neste provides sustainable aviation fuel to United Airlines for use at Chicago O’Hare International Airport in the U.S.
Neste will provide up to 1 million gallons (3,000 metric tons) of Neste MY Sustainable Aviation Fuel™ to United Airlines for use at Chicago O’Hare International Airport (ORD) in the U.S. through the end of 2024. This expansion of the existing partnership between the two companies enables United to become the first airline to purchase sustainable aviation fuel (SAF) for operational use for flights from Chicago O’Hare, one of the busiest airports in the U.S. The first supply of Neste MY … [Read more...] about Neste provides sustainable aviation fuel to United Airlines for use at Chicago O’Hare International Airport in the U.S.
Boeing board names Kelly Ortberg President and CEO
Boeing announced that its Board of Directors has elected Robert K. "Kelly" Ortberg as the company's new president and chief executive officer, effective August 8, 2024. Ortberg will also serve on Boeing's Board of Directors. He will succeed Dave Calhoun, who earlier this year announced his intention to retire from the company, having served as president and CEO since January 2020, and as a member of Boeing's Board of Directors since 2009. "The Board conducted a thorough and extensive … [Read more...] about Boeing board names Kelly Ortberg President and CEO
