Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


GroupEAD and Airways NZ sign joint venture contract

GroupEAD and Airways NZ sign joint venture contract

28 March 2014: GroupEAD and Airways New Zealand have taken a further step towards the launch of the first aeronautical information management (AIM) company in the Asia Pacific region, with final agreements being signed in Madrid.

The joint venture, which intends to commence operations on 1 July 2014, will provide next-generation AIM and Airport Data Quality services across the region, enabling aeronautical information of a considerably higher quality and accessibility than is generally available today, and enhancing safety and efficiency of aviation in the region. It will also offer an advanced and integrated procedure design service, including services based on modern Performance Based Navigation (PBN) technology.

Russell Hulstrom, General Manager Airways Global Services, said that the contract signing was an important milestone in the company’s creation.

“Our team have been working closely with our European partners to bring us to this stage, and we are looking forward to the official launch and operational startup of this company in the middle of this year,” he said.

“GroupEAD’s services will be of immense value to industry in this part of the world as we work through the transformation towards System Wide Information Management,” said Mr Hulstrom.

Heinz-Michael Kraft, CEO of GroupEAD, who also signed the contract, explained that aeronautical information management is quickly changing the way the aviation industry operates, with a new focus on the whole information picture rather than the provision of standard products in a pre-flight briefing to the pilot.

He said that the new joint venture offers support to regions, states, airports and airlines needing to improve their data distribution and meet the new ICAO standards.

“The signing of these agreements marks one of the most important steps GroupEAD has ever taken since the company was established more than 10 years ago. With this joint venture a cornerstone is set, to bring GroupEAD products and services closer to the fastest growing geographical area in our market – Asia-Pacific. This will be beneficial for both the AIM community and GroupEAD, while the efficiencies our services bring will provide enormous advantages for pilots and airlines,” said Mr Kraft.

GroupEAD and Airways will jointly attend the CANSO Asia Pacific conference from 5-7 May in Sri Lanka, where the new partners will be available to discuss their aeronautical information management services. Airways is the lead sponsor of the CANSO conference.

-- Ends --

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: Alex Swney Pleads Guilty To $2.5M Fraud Charge

Alex Swney, former chief executive of the Auckland city centre business association Heart of the City, has pleaded guilty to dishonestly using documents to obtain $2.5 million. More>>

ALSO:

Petrol Burns Prices: Second Consecutive Quarterly Fall For CPI

The consumers price index (CPI) fell 0.3 percent in the March 2015 quarter, following a 0.2 percent fall in the December 2014 quarter, Statistics New Zealand said today. The last time the CPI showed two consecutive quarterly falls was in the December 1998 and March 1999 quarters. More>>

ALSO:

Scoop Business: NZ Broadcasters Launch Battle Against Global Mode ISPs

New Zealand broadcasters have confirmed they’ve launched legal proceedings against internet service providers who give customers’ access to “global mode”, which allows customers access to offshore online content, claiming it breaches the local content providers’ copyright. More>>

ALSO:

Sanford: Closure Of Christchurch Mussel Processing Plant Confirmed

The decision comes after a period of consultation with the 232 staff employed at the Riccarton site, who were told on 9 April that Sanford was considering the future of mussel processing in Christchurch. Recent weather patterns had impacted on natural spat (offspring) supply... More>>

ALSO:

Price Of Cheese: Dairy Product Prices Fall To The Lowest This Year

Dairy product prices fell in the latest GlobalDairyTrade auction, hitting the lowest level in the 2015 auctions so far, as prices for milk powder and butter slid amid concern about the outlook for commodities. More>>

ALSO:

Houston, We Have An Air Route: Air New Zealand To Fly Direct To The Heart Of Texas

Air New Zealand will fly its completely refitted Boeing 777-200 aircraft between Auckland and Houston up to five times a week opening up the state of Texas as well as popular nearby tourist states such as Louisiana and Florida. More>>

ALSO:

Scoop Business: Reserve Bank’s Spencer Calls On Govt To Rethink Housing Tax

The Reserve Bank has urged the government to take another look at a capital gains tax on investment in housing, allow increased high-density development and cut red tape for planning consents to address an over-heated Auckland property market. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news