Industry

Korean Air to resume more European routes from March (Seoul, January 20, 2023) - Korean Air will resume services to four major destinations in Europe starting from March. After a 3-year hiatus due to the pandemic, the airline will restart the Prague and Zurich routes from the end of March, followed by the resumption of the Istanbul and Madrid routes at the end of April. Starting from March 27, the airline will resume its operations to Prague three times a week on Mondays, Wednesdays and Fridays. The flights will depart from Incheon at 12:45 pm and arrive in Prague at 4:55...

Lufthansa Technik forms unprecedented Digital Tech Ops Ecosystem   Lufthansa Group brings together AMOS, AVIATAR, and flydocs  Unique comprehensive coverage of  the digital tech ops value stream  All digital solutions remain independent but under one umbrella to jointly fast-track customers' digitalization Lufthansa Technik creates a Digital Tech Ops Ecosystem by incorporating Swiss AviationSoftware Ltd. (Swiss-AS) to lead the digital transformation of the aviation industry in technical asset operation. Swiss-AS, the developer of the world-leading M&E/MRO software AMOS, is joining Lufthansa Technik Group. By bringing together AMOS with AVIATAR, the independent platform for Data & Analytics Solutions, and flydocs, the provider...

Nikkiso Clean Energy & Industrial Gases Group Acquires Cryotec Anlagenbau GmbH, Wurzen, Germany TEMECULA, 2023 (GLOBE NEWSWIRE) -- Nikkiso Cryogenic Industries’ Clean Energy and Industrial Gases Group (“Group”), a part of Nikkiso Co., Ltd (Japan), has entered into an agreement to acquire Cryotec Anlagenbau GmbH, (Wurzen close to Leipzig, Saxony, Germany) for an undisclosed amount. A global plant engineering and construction company, Cryotec provides planning, project management, manufacturing and engineering services of skid-mounted/containerized air separation and liquefaction plants, and CO2 technologies offering tailored solutions to their customers. Cryotec will operate as part of the Group’s GmbH facility, based in Neuenburg...

3 Digitalization Strategies Driving Supply Chain Resiliency Expert cites 3 common supply chain risks and how safeguard against inevitable turbulence and uncertainty With the considerable supply chain disruptions brought on by the pandemic and amid escalating inflation, supply chain resilience is more critical than ever before. The unforeseen pandemic of late has presented a range of challenges that many supply chains were clearly—often admittedly—unprepared for. Labor shortages, shipping cost surges, new patterns of production and consumption have all played a key role in disrupting business logistics, upending markets, industries and whole economies in the process. In its wake are logistics,...

Tom Bailey, Head of ETF Research at HANetf, issuer of the Procure Space UCITS ETF (YODA):   “The growing role of commercial companies in the space economy was shown by the Virgin Orbit launch on 9th January as part of the Start Me Up Mission. The mission will carry satellites from seven customers to space, which will have both commercial and military use. This launch is a great example of the growing commercial opportunities in space and the role of the private sector in this. The world is becoming ever more connected. There is more and more data being transferred....