/Jeff Peet

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So far Jeff Peet has created 13461 blog entries.

Airports nudge back into black – with business transformation challenge ahead

Source: ACI Europe After more than €50 billion in foregone revenues and over €20 billion in accumulated losses since 2019, Europe’s airports were back in the black last year – posting a net profit of €6.4 billion. This opening salvo from ACI EUROPE’s Director General, Olivier Jankovec, in his annual State of the Industry address today opened the 33rd Annual Congress and General Assembly in Barcelona with a much-needed message of positivity. This performance was achieved in a context where passenger volumes still remained 21% below pre-pandemic (2019) levels. It was primarily driven by airports delivering cost efficiencies despite unprecedented inflationary pressures and significantly slashing investments - with capital expenditure decreasing by -€5.5 billion. Another key contributing factor was airports [...]

2023-06-27T18:59:24+03:00June 27th, 2023|News, ORGANISATIONS|

Crefisa Receives Embraer E190-E2 for Match Travel

Source: Embraer Embraer is proud to conclude the sale of an E190-E2 jet to Brazil’s financial institution Crefisa, which plans to use the jet to provide charter operations to top football teams. The aircraft, which will fly under Placar Linhas Aéreas livery, was delivered today during a ceremony at Embraer’s facility in São José dos Campos. The Embraer E2 jet, the quietest and most fuel-efficient aircraft available, will transport team members and staff to match destinations and be available for more regular charter operations. The E190-E2’s range of 2,850 nm (5,278 km) allows direct flights to all destinations in South America, departing from São Paulo, Brazil. The deal was conducted by Embraer’s Asset Management Group and booked in Embraer’s fourth [...]

2023-07-18T03:19:55+03:00June 26th, 2023|MANUFACTURERS, News|

Global airport leaders gather in Barcelona with sustainable connectivity, transformative business models and the aviation policy landscape in focus

Source: ACI Europe and ACI World Leaders of the global airport industry are gathering in Barcelona today as Airports Council International's ACI World and ACI EUROPE join forces to combine their Annual Congress and General Assemblies – and create the most significant event of the industry calendar. The ACI EUROPE / ACI WORLD "WAGA" event, which runs from 26–28 June, is hosted by Spanish airport operator Aena, one of the world's leading operators managing 46 airports and 2 heliports in Spain as well as other airports in the UK, Brazil and Mexico. As C-suite executives, policymakers, regulators, business partners, analysts, and innovators touch down in the Catalonian city tonight, the stage is set for the freshest data and analysis as [...]

2023-06-26T19:17:55+03:00June 26th, 2023|News, ORGANISATIONS|

IATA Launches World Sustainability Symposium

Source: IATA The International Air Transport Association (IATA) will launch the IATA World Sustainability Symposium (WSS) in Madrid, Spain on 3-4 October. With governments now aligned with the industry's commitment to decarbonize aviation by 2050, this symposium will facilitate critical discussions, in seven key areas: The overall strategy to achieve net zero emissions by 2050, including Sustainable Aviation Fuels (SAF) The crucial role of government and policy support Effective implementation of sustainability measures Financing the energy transition Measuring, tracking and reporting emissions Addressing non-CO2 emissions The significance of value chains "In 2021 airlines committed to net zero emissions by 2050. Last year governments made the same commitment through the International Civil Aviation Organization. Now the WSS will bring together the [...]

2023-06-26T19:22:05+03:00June 26th, 2023|News, ORGANISATIONS|

ATR appoints Alexis Vidal as Senior Vice President Commercial

Source: ATR Alexis Vidal has been appointed Senior Vice President Commercial for ATR, effective 26 June 2023. He joins ATR’s Top Management team reporting directly to Chief Executive Officer Nathalie Tarnaud Laude. He succeeds Fabrice Vautier who takes on new responsibilities within the group. An accomplished sales professional, Alexis has held several senior management roles within the aerospace and defence industry. He began his career with the Airbus Group in 2004 as Business Development Manager within the satellite division, now Airbus Defence and Space. He moved to Airbus Helicopters in 2007 and held various management positions in Customer Services, Offers and Contracts, Sales. He was appointed Vice President Sales for Energy and Leasing segments in 2016. He moved to Airbus [...]

2023-06-26T19:04:37+03:00June 26th, 2023|MANUFACTURERS, News|

Frontier Airlines Begins Nonstop Service from Detroit to San Francisco

Source: Frontier Airlines Ultra-low fare carrier Frontier Airlines launched nonstop service today from Detroit Metropolitan Wayne County Airport (DTW) to San Francisco International Airport (SFO). With the new service, Frontier serves a total of nine nonstop destinations from DTW. To celebrate, America's Greenest Airline is offering fares as low as $119. Frontier is also currently offering the GoWild! All-You-Can-Fly Fall & Winter Pass™ for a limited-time at a special discounted price of $299. The fall & winter pass allows access to unlimited flights over the course of six months, from September 2023 through February 2024. Terms and conditions apply and are available on Frontier's website. "We're thrilled to launch this new service from Detroit to San Francisco," said Daniel Shurz, senior vice [...]

2023-06-26T18:43:30+03:00June 23rd, 2023|AIRLINES, News|

Air Canada Announces Prepayment of EDC Financed Loans used to Acquire 19 Airbus A220-300 Aircraft

Source: Air Canada Air Canada today announced it has prepaid loans of approximately $650 million from Export Development Corporation (EDC) used by the company to help fund its acquisition of 19 Airbus A220-300 aircraft. The prepayment, which is also subject to accrued interest, was made on June 21, 2023.   "One of Air Canada's major financial objectives is to deleverage its balance sheet following the COVID-19 pandemic and prepaying these loans we received for our A220 aircraft is a significant step toward this goal. We appreciate EDC's assistance in purchasing these Canadian-built aircraft, which not only advanced our fleet modernization program to improve our fuel efficiency and competitiveness, but also helped to ensure that the investments Air Canada is making directly support jobs in Canada's aerospace [...]

2023-06-22T20:43:34+03:00June 22nd, 2023|AIRLINES, News|

Star Alliance Named World’s Best Airline Alliance at the Skytrax 2023 World Airline Awards

Source: Star Alliance Star Alliance Los Angeles Lounge also won World's Best Airline Alliance Lounge Award for the seventh consecutive year 13 member airlines claim a total of 35 top honours, including Singapore Airlines as World's Best Airline 2023. Star Alliance has once again won the title of World's Best Airline Alliance at the prestigious Skytrax World Airline Awards this year. The Alliance's famed Los Angeles lounge has also maintained its position of World's Best Airline Alliance Lounge for the seventh year running. Star Alliance CEO Theo Panagiotoulias received the awards at a ceremony held at the Paris Air Show.   Delighted at the win, Mr Panagiotoulias said: "Star Alliance offers a robust network and promises seamless journeys. We are [...]

2023-06-22T20:34:27+03:00June 22nd, 2023|AIRLINES, News, ORGANISATIONS|

Embracing Pride through allyship

Source: American Airlines  An American Airlines team member shares how she became a true diversity, equity, and inclusion champion, showing how allyship is a way for everyone to celebrate equality during Pride month. Nearly 30 years ago, Customer Relations Manager Banu Scruggs migrated to the United States from Turkey with hopes of living out her American dream. She was just 25 but had big dreams of pursuing higher education with a bachelor's in business management and a master's in criminology. Her first and only job has been with American over the last 30 years. As a Reservations agent, Banu embarked on a career surrounded by colleagues who would become some of her closest friends, several of whom were a part [...]

2023-06-22T20:51:35+03:00June 22nd, 2023|AIRLINES, News|

United’s New App Feature Helps Customers Re-book and Receive Meal and Hotel Vouchers Automatically

Source: Unied Airlines Mobile app tool saves time and reduces stress if a flight is delayed or canceled – first-of-its-kind feature reflects airline's continued investments in digital technology United today announced a new mobile app feature that aims to save customers time and reduce stress if their travel plans get disrupted. Now, instead of waiting in line to talk to an agent or search for new options, the airline's new self-service tool automatically presents travelers personalized re-booking options, bag tracking information and meal and hotel vouchers when eligible if their flight is delayed or canceled.   While United had the lowest mainline flight and seat cancellation rates of any airline in the country during the first three months of the [...]

2023-06-22T20:48:12+03:00June 22nd, 2023|AIRLINES, News|