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So far Jeff Peet has created 13471 blog entries.

JetBlue Announces Record and Payment Dates for April 2023; Additional Prepayment to Spirit Stockholders

Source: JetBlue As previously announced, in connection with the Agreement and Plan of Merger, dated as of July 28, 2022 (the “Merger Agreement”), by and among JetBlue Airways Corporation (“JetBlue”), Sundown Acquisition Corp., and Spirit Airlines, Inc. (“Spirit”), JetBlue has set April 24, 2023, as the record date for the April 2023 prepayment to Spirit stockholders of $0.10 per Spirit share (the “April 2023 Additional Prepayment”), with payment of the April 2023 Additional Prepayment to occur on April 28, 2023. Pursuant to the Merger Agreement, Spirit stockholders as of the April 24, 2023, record date will be entitled to receive the April 2023 Additional Prepayment.

2023-04-14T20:53:35+03:00April 14th, 2023|AIRLINES, News|

Rex Announces Investment In Dovetail Electric Aviation

Source: Rex Regional Express (Rex) today announced it had taken a 20 per cent stake in Dovetail Electric Aviation (Dovetail) which is pioneering the conversion of turbine powered aircraft to electric, emission-free propulsion. The equity participation agreement formalises the strategic partnership between Rex and Dovetail and builds on the Memorandum of Understanding between the two companies which was unveiled on 21 July, 2022. Rex will appoint one of its Board members to sit on the Board of Dovetail. The Australian-headquartered Dovetail recently received a $3 million grant from the Federal Government’s Cooperative Research Centres Projects (CRC-P) program. This will facilitate Dovetail’s development of electric propulsion systems for aircraft used on regional routes operated by Rex and other regional airlines. Dovetail also recently announced the [...]

2023-04-14T20:02:20+03:00April 14th, 2023|AIRLINES, AROUND THE WORLD, News|

Aena’s airports recorded nearly 54 million passengers in the first quarter of the year, 41.6% more than in the same period of 2022

Source: Aena March saw more than 20 million passengers, surpassing pre-pandemic data for the third consecutive month There were 180,627 aircraft movements and 96,566 tonnes of cargo were transported across the network Aena network airports ended the first quarter of the year with 53,645,869 passengers, 41.6% more than the same period last year and 1.6% more than the first three months of 2019. Between January and March, 491,344 aircraft movements were recorded (0.1% more than in 2019) and 251,593 tonnes of freight were transported, 0.5% more than in the same period of 2019. In the month of March 2023, they reached 20,093,589 passengers, surpassing by 0.6% the data for the same month of 2019, the year prior to the pandemic. [...]

2023-04-13T18:31:40+03:00April 13th, 2023|AIRPORTS, News|

Air Canada to Launch New Vancouver-Dubai Service

Source: Air Canada Only non-stop flights from Western Canada to the Middle East, connecting two iconic, global destinations Four times weekly flights begin Oct. 28, 2023, will complement Air Canada's daily service between Toronto and Dubai Enhanced customer experience offering convenient access to the Middle East, Eastern Africa, Indian subcontinent and Southeast Asia via Dubai in partnership with Emirates Air Canada announced today the strategic expansion of its international network with the addition of new, non-stop flights from its hub at Vancouver International Airport (YVR) to Dubai. The new route will operate four times weekly beginning Oct. 28, 2023 onboard Air Canada's flagship Dreamliner fleet. The carrier's new Vancouver-Dubai flights will complement Air Canada's daily service between Toronto and Dubai, broadening its presence in fast-growing international markets.   "We are extremely pleased to add the [...]

2023-04-13T18:02:22+03:00April 13th, 2023|AIRLINES, News|

Delta Air Lines announces March quarter 2023 financial results

Source: Delta Air Lines  March quarter revenue and earnings results in-line with guidance Record March quarter operating cash flow enabled accelerated debt reduction Expect record June quarter revenue, mid-teens operating margin, and EPS of $2.00 to $2.25 Reiterating 2023 outlook for significant EPS growth to $5 to $6 and free cash flow of more than $2 billion Delta Air Lines today reported financial results for the March quarter and provided its outlook for the June quarter 2023. Highlights of the March quarter, including both GAAP and adjusted metrics, are on page five and incorporated here. "Thanks to the outstanding work and dedication of the Delta team, 2023 is off to a strong start. We provided well-deserved pay increases for our [...]

2023-04-13T18:12:21+03:00April 13th, 2023|AIRLINES, News|

WestJet provides state of the airline address, update on progress against growth plan

Source: WestJet Progress across key elements of strategic direction: becoming Western Canada's home team carrier, growing in the East with a focus on leisure travel, and providing affordable airfares as a stronger, more resilient low-cost carrier WestJet today provided a comprehensive update on the progress it is making against its new strategic direction, which was introduced in June 2022 and is focused on building a strong, resilient low-cost airline that has a clear runway for growth. WestJet Group Chief Executive Officer Alexis von Hoensbroech provided the update as part of a State of the Airline address to the Calgary Chamber of Commerce. "We are now seeing the benefits of our new strategy coming to life across Canada; it is ambitious, laser-focused on our [...]

2023-04-13T18:11:51+03:00April 13th, 2023|AIRLINES, News|

British Airways launches Avios-only flights, offering even more reward seats

Source: British Aiways In a first for the airline, British Airways has launched flights that are made up exclusively of Reward Seats for Executive Club Members The first Avios-Only flight will be the inaugural flight from London Gatwick to Sharm El Sheikh in November 2023 Four flights from London Heathrow to Geneva will follow in February and March 2024, with more routes to be announced throughout 2023 All flights are available to book from today British Airways has launched its first Avios-Only flights, on which 100% of the seats are exclusively available to Executive Club Members as Reward Seats. The first Avios-Only flight will be the inaugural flight from London Gatwick to Sharm El Sheikh on 3 November 2023, followed [...]

2023-04-13T18:58:37+03:00April 13th, 2023|AIRLINES, News|

ITA Airways launches today a new communication campaign for the North American market

Source: ITA Airways ITA Airways continues to invest on its intercontinental network and launches a new communication campaign with focus on the North American market. Today the advertising campaign kicks off in Boston, which will be followed by Los Angeles on April 18, and the new North American destinations of Washington and San Francisco, scheduled to launch respectively on April 20th and April 28th. The strategic importance of the US market is highlighted by the fact that during the first half of the year 6 advertising campaigns have been planned in the cities and surrounding areas of New York, Miami, Boston, Los Angeles, Washington and San Francisco. Where the ones in Washington and San Francisco, will aim to promote and inform [...]

2023-04-13T18:57:10+03:00April 13th, 2023|AIRLINES, News|

UAE Ratification of MP14 Boosts the Global Fight Against Unruly Passengers

Source: IATA The International Air Transport Association (IATA) welcomes the United Arab Emirates (UAE) ratification of the Montreal Protocol 2014 (MP14), a move that will strengthen the global legal deterrent against unruly and disruptive passenger incidents onboard flights. "IATA welcomes the leadership shown by the UAE in ratifying MP14. Not only will this give the UAE authorities important new powers in dealing with unruly passengers that land in the country, but as a major aviation market and ICAO Council member, it will also encourage other States to ratify MP14. Ensuring greater international harmonization and strengthening the legal deterrent against unruly and disruptive passengers who pose a threat to passenger and crew wellbeing and safety onboard is a priority for the [...]

2023-04-13T18:14:44+03:00April 13th, 2023|News, ORGANISATIONS|