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So far Jeff Peet has created 13501 blog entries.

LATAM closes 2022 with US$2.3 billion in liquidity and and the group achieves an operational recovery close to pre-pandemic levels

Source: LATAM LATAM Airlines Group S.A. announced today its financial results corresponding to the fourth quarter of 2022, closing a year marked by the completion of its restructuring proceeding under Chapter 11, a solid financial result and an operational recovery close to the pre-pandemic. In relation to the pre-pandemic period, the group managed to reduce its gross debt by 37.5%, going from US$10.4 billion before Chapter 11 to US$6.5 billion at the end of last year, in turn increasing its liquidity by 78%, reaching US$2.3 billion compared to the period prior to the reorganization proceeding started in May 2020. During the fourth quarter of last year, the group's total revenues reached US$2.744 billion, which represents 37.5% more than the same [...]

2023-03-10T19:50:07+02:00March 10th, 2023|AIRLINES, News|

U.S. Cargo and Passenger Airlines Added 3,093 Jobs in January 2023; Employment Remains 7.8% Above Pre-Pandemic January 2019

Source: US DOT U.S. Airline Employees Headcount (Full-time and Part-time Employees) U.S. airline industry (passenger and cargo airlines combined) employment increased to 787,328 workers in January 2023, 3,093 (0.39%) more workers than in December 2022 (784,235) and 56,944 (7.80%) more than in pre-pandemic January 2019 (730,384). U.S. scheduled-service passenger airlines employed 503,754 workers in January 2023 or 64% of the industry-wide total. Passenger airlines added 4,583 employees in January 2023 for a twenty-first consecutive month of job growth dating back to May 2021. Delta led scheduled passenger carriers, adding 1,499 employees; United added 1,256; and Southwest added 1,058. U.S. cargo airlines employed 279,337 workers in January 2023, 36% of the industry total. Cargo carriers lost 964 employees in January. FedEx, [...]

2023-03-10T22:27:17+02:00March 10th, 2023|News, ORGANISATIONS|

Miami-Dade County Mayor Daniella Levine Cava announces A+ Fitch Rating for MIA

Source: MIA Airport's bonds have earned upgrades from all four rating agencies Miami-Dade County Mayor Daniella Levine Cava proudly announces that Fitch Ratings upgraded its rating of Miami International Airport's (MIA) revenue and refunding bonds from A to A+ on March 2, citing MIA's "outperformance in enplanement recovery" and "superior franchise strength." Fitch becomes the fourth and final rating agency to upgrade MIA's bond rating since last July, joining Kroll Bond Rating Agency (KBRA), Moody's Investor Service, and Standard and Poor's Global Ratings (S&P) in rewarding the airport for its rapid rebound from the pandemic. "I am very proud to see that all four bond rating agencies have taken notice of MIA's strong financial health and solid foundation for its [...]

2023-03-10T19:39:16+02:00March 10th, 2023|AIRPORTS, News|

Azul Reports February 2023 Traffic

Source: Azul  Azul S.A., “Azul”, the largest airline in Brazil by departures and number of cities served, announced its preliminary traffic results for February 2023. Consolidated passenger traffic (RPKs) increased 25.9% compared to February 2022 on a capacity (ASKs) increase of 25.6%, resulting in a load factor of 78.2%. “We started the year encouraged by the strong demand environment, which continues to enable growth with increasing unit revenues. We are excited about what we are seeing in 2023 and looking forward to doubling our presence in Congonhas later this month,” says John Rodgerson, Azul’s CEO.

2023-03-10T22:19:25+02:00March 10th, 2023|AIRLINES, News|

GOL announces the release of preliminary, unaudited financial information for the fiscal year ending december 31, 2022

Source: GOL GOL Linhas Aéreas Inteligentes S.A. ("GOL" or "Company") (B3: GOLL4 and NYSE: GOL), in accordance with section 6.6.1 of the Corporate Governance Level 2 Listing Regulation of B3, announces the postponement, up to March 28, 2023, of the filing of the financial statements for the fiscal year ended December 31, 2022, accompanied by the audit report of the Company's independent auditors, since the work of the independent auditors in connection with the examination of such statements is not completed. The Company's annual calendar of corporate events was resubmitted on this date to reflect the postponement mentioned above, and is available on the websites of the Comissão de Valores Mobiliários (gov.br/cvm), of B3 S.A. - Brasil, Bolsa, Balcão (www.b3.com.br) and of the Company [...]

2023-03-10T20:20:18+02:00March 10th, 2023|AIRLINES, News|

Safety, sustainability, and resilience focus for Council President’s European activities

Source: ICAO In Geneva, ICAO Council President Salvatore Sciacchitano delivered the keynote address to the CANSO Executive Summit at "Airspace World," where he advocated for greater cooperation between air navigation service providers and ICAO to heighten the sustainability and resilience of the global flight network. Highlighting the outcomes of the 41st Session of the ICAO Assembly (A41) and recent ICAO Council deliberations, the President underscored that achieving these priorities for ICAO and for the global aviation sector as a whole will require integrating the lessons learned from the COVID-19 pandemic, and effectively addressing challenges related to environmental protection, in particular climate change. The President's mission to Switzerland was preceded by a series of bilateral discussions that took place in Brussels on [...]

2023-03-10T22:12:25+02:00March 10th, 2023|News, ORGANISATIONS|

Air France presents its new Spring Menu on board its long-haul La Premiere and Business Cabins

Source: Air France From March to June 2023, on departure from Paris, Air France offers a new series of exceptional dishes to be exclusively enjoyed on board its long-haul La Première and Business cabins. The company is teaming up with a high-flying trio of chefs - Mauro Colagreco, Angelo Musa and Régis Marcon – to showcase French haute cuisine on board its flights. To design these menus, the chefs have worked alongside Servair, a global leader in in-flight catering, to create a selection of dishes, focusing on fresh, seasonal and local produce. As part of its commitment to a more responsible catering offer, the red meat, poultry, milk products and eggs on each menu are of French origin and the [...]

2023-03-10T20:09:33+02:00March 10th, 2023|AIRLINES, News|

Hawaiian Airlines Connects, Lifts Hawai‘i’s Economy

Source: Hawaiian Airlines Hawaiian Airlines stimulated $10.2 billion in economic activity in Hawai‘i – about 11% of the state’s gross domestic product – and was directly or indirectly responsible for 53,500 jobs statewide in 2022* despite enduring challenges of the COVID-19 pandemic, according to a new study. The report, titled “No Kākou a Pau” (interconnectedness) to underscore the ways Hawaiian Airlines is connected to the economy of its home state, was commissioned by Hawaiian and produced by ICF, a global consultant with extensive experience in aviation and other industries. “Following several years of uncertainty because of the COVID-19 pandemic, this is also a story of resilience. Hawaiian Airlines led through the uncertainty of COVID-19, keeping its people employed, continuing to support [...]

2023-03-10T20:11:53+02:00March 10th, 2023|AIRLINES, News|

Southwest Airlines Extends Flight Schedule Through October

Source: Southwest Southwest Airlines Co. (NYSE: LUV) today is preparing for October travel by extending its flight schedule through Nov. 4, 2023, and making the airline's robust flight schedule available for booking at Southwest.com. Kansas City Travelers Have More International Options On the heels of Kansas City, Mo., opening its new state-of-the-art terminal last week, Southwest® is boosting its international offering with the addition of two nonstop routes. Effective Oct. 7, 2023, Southwest will offer seasonal service on Saturdays between: Kansas City, Mo. and Montego Bay, Jamaica* Kansas City, Mo. and Cabo San Lucas/Los Cabos* *Subject to government approval  Both new routes complement the carrier's existing service between Kansas City and Cancun which seasonally adjusts to daily service beginning Oct. 5, 2023. Long Beach Sees Southwest Growing to the Northwest  [...]

2023-03-10T20:04:48+02:00March 10th, 2023|AIRLINES, News|

British Airways and American Airlines feature Betty Buzz and Aviation American Gin at their joint New York JFK Terminal 8 Greenwich Lounge

Source: British Airways It is the first time the beverage brands have come together, creating a one-of-a-kind experience with British Airways and American Airlines in the new Bridge Bar Lounge customers can enjoy a variety of non-alcoholic and spirited cocktails  British Airways and American Airlines are further enhancing the newly renovated Terminal 8 at JFK airport with the unveiling of the first of its kind, Bridge Bar.  Featuring a variety of non-alcoholic and spirited cocktails, including Aviation American Gin and Betty Buzz, the premium bar will be part of the Greenwich LoungeTM experience, within the joint premium Lounges offered by the two airline partners. The new Bridge Bar is designed to celebrate the love of flying and offers customers a place [...]

2023-03-10T22:21:18+02:00March 10th, 2023|AIRLINES, AIRPORTS, News|