Asia-Pacific Aerospace Briefs Today
November 6th 2024
Today's briefs report news from Airport Services Association, ANA HOLDINGS INC., Eve Holding, Inc., the International Air Transport Association and SATS Group. Read More »
The Airport Services Association and the International Air Transport Association will strengthen collaboration to improve ground handling safety and efficiency. The two associations will share and analyze safety information to address safety issues related to ground and cargo handling and develop industry best practices and standards.
ANA HOLDINGS INC.'s (AH) corporate venture capital fund, ANA Future Frontier Fund, has invested in Tokyo-based AI research company Sakina AI. AH said Sakana AI's advanced techniques "can address the unique challenges faced" by the group. "This investment aims to accelerate discussions and explore business collaboration with Sakana AI," AH said.
Eve Holding, Inc., the parent company of Eve Air Mobility, has reported a net loss of US$35.8 million for the three months to September 30. The company said the increased losses were due to higher research and development costs. "Eve is pre-revenue. We do not expect meaningful revenues, if any, during the development phase of our aircraft. We expect financial results to be mostly related to costs associated with the program’s development during this period,” it said in a regulatory filing.
Airport services provider, SATS Group, has unveiled a new corporate logo and associated branding to reflect its acquisition of Worldwide Flight Services.
