Transport

Stonepeak, an alternative investment company specializing in infrastructure and real assets, and Spirit Super, an Australian industry super fund, announced the successful completion of their previously announced acquisition of Australia’s GeelongPort Pty Limited (GeelongPort). As per the agreement, Stonepeak, on behalf of its managed funds and accounts, holds a majority 70% interest and Spirit Super has a 30% stake. GeelongPort is a diversified landlord port that is strategically positioned and critical to Victoria’s economy as the region’s second largest port. Located in Geelong, and situated about 75km southwest of Melbourne, the port manages over A$7bn of trade and supports more than 1,800 jobs across the state.

Jetcraft®, a reputable and credible global company dealing in business aircraft sales, acquisitions and trading, has acquired Corporate Fleet Services (CFS Jets), a prominent business aviation firm specializing in the turboprop, light and midsize jet markets globally.

Out-of-Home media company JCDecaux is growing its airport portfolio after winning a tender for Adelaide (AAL) and Parafield Airports. The company has been appointed exclusive advertising partner of all in-terminal and roadside opportunities, across both airport precincts. This deal includes a refresh of the assets in the terminal and three new Digital Large Format external billboards. Programmatic trading will be enabled through VIOOH, a global digital out-of-home marketplace. Brands will be able to reach relevant audience segments, which can be qualified and quantified with JCDecaux’s Airport Audience Measurement system, AAM.

Cirium, the aviation analytics firm, has launched the aviation industry’s first Airline Routes tool to identify actual flights flown by aircraft type. It uses applied analytics to derive routes flown by airlines based on satellite-based flight tracking and fuses this with advanced fleet data. The tool is part of Ascend Profiles, a visual descriptive analytics tool which enables businesses to quickly view aircraft intelligence by airline or lessor. Businesses such as aircraft lessors, banks or aircraft manufacturers are empowered to identify the aircraft flown by route for 1,700 airlines and factor development opportunities or risk into their decision making.

Wipro Limited, a tech services and consulting company, announced that it has been selected by Menzies Aviation, one of the largest aviation services company, to transform its air cargo management services. The partnership will help fortify Menzies’ position in the cargo handler market, enabling the organization to further grow its services and use of new technologies.

Honeywell, a connected buildings firm, has signed a contract worth over $180 million with Sydney Metro West to provide critical systems. Sydney Metro West is a 24km metro line with stations confirmed at Westmead, Parramatta, Sydney Olympic Park, North Strathfield, Burwood North, Five Dock, The Bays, Pyrmont and Hunter Street in the Sydney CBD.

L&T Technology Services Limited, one of the leading global pure-play engineering services company, announced that it has been selected by Thales to offer 5G driven next-gen connectivity solutions, which will include collaboration with Qualcomm Technologies, Inc., allowing it to provide cutting-edge solutions for the benefit of urban railway operators.

Kyndryl, one of the largest IT infrastructure services provider, announced a 5-year extended agreement with Delta Air Lines to enhance IT resiliency and scalability. Kyndryl will continue to help Delta run the core systems that power the airline’s essential operations, including crew rostering and scheduling, as well as the system that supports Delta’s maintenance documentation process. Kyndryl supports Delta’s major client relations and loyalty programs and its software for rebooking passengers from cancelled flights.

The new Cirium Fleet Forecast reveals demand for approximately 44,500 new aircraft globally over the next two decades, worth $2.9 trillion. The Cirium Fleet Forecast is published by Ascend by Cirium, the consultancy arm of aviation analytics firm Cirium, is an independent outlook of the global passenger and freighter market for the next 20 years.

Jetcraft, the business aircraft sales and acquisitions company, has appointed Gerald Hooper and Laurence Vidal to senior sales roles in the Americas. The hires position Jetcraft to meet demand throughout the continent and further expand its on-the-ground market intelligence. As Aircraft Sales Director, Gerald Hooper will lead Jetcraft’s business development in the US West Coast territories, including Northern California, Oregon, Washington and Idaho. Prior to joining Jetcraft, Gerald Hooper was Director of Aircraft Sales and Acquisitions at Executive Aircraft Services (EAS), working with corporate clients and aircraft worldwide.