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So far Jeff Peet has created 13665 blog entries.

United Airlines Third Quarter Financial Results Solidly Beat Expectations; Expects Q4 Adjusted Operating Margin to Exceed 2019

Source: United Airlines Company's September TRASM was third best of any month in company history CASM-ex1 for the quarter was 1.5 points better than expected Q4 optimism powered by strong revenue and improving cost trends Best on-time arrival rate and lowest rate of misconnections for any Q3 in history (outside 2020) United Airlines (UAL) today reported third quarter 2022 financial results, beating expectations on top-line operating revenue, unit costs and adjusted operating margin¹. As a result, the company achieved operating revenue growth of 13.2% versus third quarter 2019, with a 25.5% TRASM improvement in the quarter versus 2019, while CASM-ex1 (cost per available seat mile) came in better than expected, resulting in 11.3% operating margin; 11.5% operating margin on an adjusted [...]

2022-10-19T05:37:23+03:00October 19th, 2022|AIRLINES, News|

WestJet and Pacific Coastal Airlines Launch Interline Cooperation

Source: WestJet Today, WestJet and Pacific Coastal Airlines launched a reciprocal interline relationship, the first interline collaboration for Pacific Coastal Airlines. Guests can now purchase a single ticket from either airline for travel involving connecting flights between their networks.  Guests will enjoy the confidence of optimized connecting times and the convenience of checking in and receiving boarding passes for all flights at the first point of departure. "We are thrilled to become the first interline partner for Pacific Coastal and to add to our existing WestJet Link relationship," said John Weatherill, WestJet's Chief Commercial Officer. "This new interline complements our network growth in Western Canada and the strong schedule we're bringing to the communities we serve directly and through our partners like Pacific Coastal." [...]

2022-10-19T05:18:12+03:00October 19th, 2022|AIRLINES, News|

ALTA Leaders Forum 2022: Aviation essential to Latin American and Caribbean economy

Source: ALTA CEOs of Avianca, Copa Airlines, Aeromexico, and Aerolineas Argentina agree that operations have recovered quickly after the pandemic and that, despite facing new global economic challenges such as rising fuel prices, passenger demand continues to grow Airlines operating in Latin America are on the road to fully recovering operations after the Covid-19 pandemic crisis. Despite facing new challenges such as rising fuel prices, inflation, devaluation of regional currencies, regulations in some countries, tax rates, and other factors, the CEOs of Avianca, Copa Airlines, Aerolíneas Argentinas, and Aeroméxico agree that the airline industry is key to the economic recovery and the promotion of tourism in their countries, so they are betting on continued growth. At The CEOs' Journey panel [...]

2022-10-19T19:57:19+03:00October 19th, 2022|AIRLINES, News, ORGANISATIONS|

Air Transat and Porter Airlines launch codeshare agreement

Source: Porter Airlines Air Transat and Porter Airlines, two of Canada's most prominent airlines, have launched a new bilateral codeshare. The agreement is now activated between Porter Airlines' domestic flights to and from Halifax (YHZ) and Toronto City (YTZ), and select Air Transat's flights to and from Montreal (YUL). "We are delighted that our codeshare agreement with Porter Airlines is taking off. Our respective networks are highly complementary, with Porter serving Toronto and Halifax, and Air Transat serving some 15 countries," said Michèle Barre, Air Transat's Vice President, Network, Revenue Management and Pricing. This will provide both our passengers with an expanded, yet seamless experience, and is perfectly in line with Air Transat’s strategy initiated earlier this year to develop [...]

2022-12-05T16:56:07+02:00October 18th, 2022|AIRLINES, News|

World Passenger Symposium to Focus on Putting the Customer First

Source: IATA The International Air Transport Association (IATA) announced that ‘Unlocking Value Creation by Putting the Customer First’ will be the theme of the 2022 World Passenger Symposium (WPS). The event will take place 1-3 November 2022 in Bahrain with Gulf Air as the host airline. “Like any business, airlines are most successful when they meet customer expectations. Global standards help to facilitate this. The challenge is ensuring the standards keep pace with technology-driven innovations and evolving customer demands around digital. Air travelers expect transparency wherever they shop for fares, and other airline products, customized offers; bag tracking and contactless processing at airports. I look forward to discussing how we are making these advancements and more happen at this year’s IATA World [...]

2022-10-18T16:24:16+03:00October 18th, 2022|News, ORGANISATIONS|

ASEAN and the EU sign the world’s first bloc-to-bloc Air Transport Agreement

Source: European Council The Association of Southeast Asian Nations (ASEAN) and the European Union (EU) and its member states have signed the Comprehensive Air Transport Agreement between the member states of the Association of Southeast Asian Nations, and the European Union and its member states (“ASEAN-EU CATA”) at the 28th ASEAN Transport Ministers’ Meeting on 17 October 2022, in Bali, Indonesia. The ASEAN-EU CATA is the world’s first bloc-to-bloc air transport agreement and reflects the latest policy thinking in air transport regulation. Negotiations on the agreement commenced in 2016 and concluded on 2 June 2021 at the Extraordinary ASEAN-EU Senior Transport Officials Meeting. This was followed by legal scrubbing and translation of the text in preparation for signature. The agreement [...]

2022-10-18T07:51:29+03:00October 18th, 2022|AROUND THE WORLD, News, ORGANISATIONS|

Argentina hosts Latin American and Caribbean aviation leaders at ALTA AGM & Airline Leaders Forum

Source: ALTA From October 16-18, 2022, the senior executives of the commercial aviation industry and government authorities will gather in Buenos Aires to conduct a cooperative international dialogue at the highest level, generating a collaborative agenda with concrete actions aimed at fostering even safer, more efficient and sustainable aviation in Latin America and the Caribbean. With more than 500 participants and 47 airline CEOs, a record for the event, the 18th edition of ALTA's Annual General Meeting and Leaders Forum began in Buenos Aires, bringing together industry leaders in the region with its 154 members, representing 80 percent of Latin American and Caribbean traffic. For three days, the Argentine capital is transformed into the capital of Latin American aviation, with [...]

2022-10-18T16:36:04+03:00October 18th, 2022|AIRLINES, News, ORGANISATIONS|

Pratt & Whitney Canada Launches its New Services Hub – Guiding Customers Towards the Right Maintenance Offerings for their Engine

Source: Pratt & Whitney Pratt & Whitney Canada (P&WC), a business unit of Pratt & Whitney, announced today the launch of its new self-serve digital tool called the Services Hub, designed to guide customers through the process of selecting the right P&WC maintenance services and solutions online based on their engine and aircraft model as well as lifecycle stage. With more than 70 different tailored aftermarket offerings to support the P&WC-powered flying population of over 66,000 engines in service, the Services Hub makes choosing engine maintenance solutions and services simple and easy. "The Services Hub is a part of the ongoing aftermarket digital transformation at P&WC to enhance the customer experience," said Irene Makris, vice president, Customer Service, P&WC. "With [...]

2022-10-18T07:54:13+03:00October 18th, 2022|News, SUPPLIERS|

Avianca CEO Adrian Neuhauser is elected Chairman of ALTA’s Executive Committee

Source: ALTA The 18th ALTA AGM & Airline Leaders Forum, held in Buenos Aires, Argentina, hosted the Annual General Meeting of the Latin American and Caribbean Air Transport Association (ALTA). During the meeting, attended by the CEOs and senior representatives from the member airlines of the organization, Adrian Neuhauser, CEO of Avianca, was elected as the new President of the Executive Committee, a position he assumed immediately for a period of one year, as established in the statutes. The 18th ALTA AGM & Airline Leaders Forum, held in Buenos Aires, Argentina, hosted the Annual General Meeting of the Latin American and Caribbean Air Transport Association (ALTA). During the meeting, attended by the CEOs and senior representatives from the member airlines [...]

2022-10-18T00:41:07+03:00October 17th, 2022|AIRLINES, News, ORGANISATIONS|

Pratt & Whitney Canada MRO to Open in Germany for PW800 Business Aviation Engines in Collaboration with MTU Aero Engines

Source: Pratt & Whitney Pratt & Whitney Canada (P&WC), a business unit of Pratt & Whitney, announced today that a second maintenance, repair and overhaul (MRO) facility for the PW800 engine will open in Germany in 2024 in cooperation with long-time collaborator MTU Aero Engines. "This is another way we are striving to meet the MRO needs of our customers around the globe," said Irene Makris, vice president, Customer Service at Pratt & Whitney Canada. "We are delighted to be collaborating with MTU on this new MRO facility. We have been working with MTU for more than three decades and have collaborated on many projects, including on the development of the low-pressure turbine and high-pressure compressor for the PW800 engine." [...]

2022-10-17T21:25:38+03:00October 17th, 2022|News, SUPPLIERS|