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So far Kostas Iatrou has created 1784 blog entries.

U.S. Scheduled Passenger Airlines Employ 0.7% More Employees in September 2021 than in August, Still 8.8% Fewer than Pre-Pandemic September 2019

Source: US DOT The 24 U.S. scheduled passenger airlines employed 0.7% more full-time equivalents (FTEs) in September 2021 than in August 2021, but still employed 8.8% fewer than in pre-pandemic September 2019. The September total number of FTEs (410,836) was up 2,871 from August (407,965) and down 39,618 from September 2019 (450,454). In September 2021, the airlines employed the lowest FTE total for the month of September since 2015 (397,326). The September uptick resulted in part from increases of 2,343 FTEs at Delta Airlines and 1,150 at United Airlines. Only 4 of the 24 reporting airlines had fewer FTEs in September than in August, led by American Airlines (down 1,811 FTEs) and Alaska Airlines (down 850). In September 2021, scheduled [...]

2021-11-18T18:58:59+02:00November 18th, 2021|News, ORGANISATIONS|

Copa Holdings Reports Financial Results for the Third Quarter of 2021

Source: Copa Copa Holdings, S.A. (NYSE: CPA), today announced financial results for the third quarter of 2021 (3Q21). The terms "Copa Holdings" and "the Company" refer to the consolidated entity.  The following financial information, unless otherwise indicated, is presented in accordance with International Financial Reporting Standards (IFRS). See the accompanying reconciliation of non-IFRS financial information to IFRS financial information included in the financial tables section of this earnings release. Unless otherwise stated, all comparisons with prior periods refer to the third quarter of 2019 (3Q19) (which the Company believes are more relevant than year-over-year comparisons due to the significant impacts in 2020 of the COVID-19 pandemic). OPERATING AND FINANCIAL HIGHLIGHTS Copa Holdings reported a net profit of US$8.2 million for [...]

2021-11-18T18:17:40+02:00November 18th, 2021|AIRLINES, News|

408 aircraft including the first A350F ordered at the Dubai airshow

Source: Airbus In the first major airshow since the COVID-19 pandemic struck two years ago, customers demonstrated confidence in the recovery of the aviation sector and also in Airbus by placing orders and commitments totalling 408 aircraft (269 firm orders and 139 commitments). The agreements covered the full range of commercial aircraft families, including a first commitment for the A350F freighter derivative. At a pre-show event, Airbus launched its latest global market forecastoutlining progressively shifting demand from fleet growth to accelerated retirement of older, less fuel-efficient aircraft resulting in a need for some 39,000 new-build passenger and freighter aircraft. Of these,15,250 aircraft (around 40%) are for replacements. With the UAE Universal expo showcasing themes on Mobility, Sustainability and Opportunity, on [...]

2021-11-18T18:15:38+02:00November 18th, 2021|MANUFACTURERS, News|

U.S. Airlines Carry 58.4 Million Passengers in September 2021 (Preliminary), Still Down 20% from Pre-Pandemic September 2019

Source: US DOT   U.S. airlines carried 58.4 million passengers in September 2021 (preliminary), compared to 25.1 million passengers in September 2020 according to data filed with the Bureau of Transportation Statistics (BTS) by 20 airlines that carry more than 90% of passengers. The 133% increase was the smallest year-over-year growth since March (see Figure 2). September 2021’s tally of 58.4 million passengers is down 19.5% from pre-pandemic September 2019’s 72.6 million.     Preliminary September 2021 passenger numbers (20 carriers reporting): ·       Total: 58.4 million passengers, up 133% from September 2020 (25.1M) ·       Domestic: 53.6 million passengers, up 126% from September 2020 (23.7M) ·       International: 4.8 million passengers, up 245% from September 2020 (1.4M)   U.S. airline traffic reports [...]

2021-11-17T23:25:47+02:00November 17th, 2021|News, ORGANISATIONS|

Copa Holdings Announces Monthly Traffic Statistics For October 2021

Source: Copa Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for October 2021: Operating Data October October % Change 2021 2019 Copa Holdings  (Consolidated)   ASM (mm) (1) 1,570.8 2,035.0 -22.8%   RPM (mm) (2) 1,288.1 1,727.7 -25.4%   Load Factor (3) 82.0% 84.9% -2.9p.p.

2021-11-17T14:35:02+02:00November 16th, 2021|AIRLINES, News|

ACI World launches inaugural sustainability strategy report for airports worldwide

Source: ACI Airports Council International (ACI) World has launched a comprehensive report to help airport executives with their holistic sustainability strategy as they work towards aligning their local initiatives with common international topics and objectives The ACI World Sustainability Strategy for Airports Worldwide, which builds on the ACI EUROPE Sustainability Strategies for Airports, provides an overview of how sustainable aviation can contribute to the UN Sustainable Development Goals and provides the very first overview of the most relevant and commonly reported material sustainability topics. Based on the rigorous data collection from over 80 airports globally and desktop research, topics covered include service quality, infrastructure development, and safe and efficient operations. The report also provides case studies that showcase best practices [...]

2021-11-17T14:35:58+02:00November 16th, 2021|News, ORGANISATIONS|

Ground Handling Priorities Post Pandemic: Tackling Labor Shortages, Safety, Modernization

Source: IATA The International Air Transport Association (IATA) is focusing on standards, digitalization and addressing the “There will be challenges as ground handling operations ramp up to meet growing demand as the aviation industry’s recovery from COVID-19 progresses. Overcoming labor shortages, ensuring safety with strict adherence to global standards and digitalization and modernization will be critical to achieving a scalable restart,” said Monika Mejstrikova, IATA’s Director of Ground Operations, speaking at the 33rd IATA Ground Handling Conference (IGHC), which opened in Prague today. Labor Ground handling providers are facing severe skills shortages and challenges in retaining and recruiting staff. “Many skilled employees have left the industry and are not coming back. And recruiting, training and accrediting new staff can take [...]

2021-11-17T14:34:04+02:00November 16th, 2021|News, ORGANISATIONS|

Qatar Airways Privilege Club and JetBlue TrueBlue Launch Loyalty Partnership

Source: Qatar Airways Qatar Airways and JetBlue are launching a reciprocal loyalty partnership, bringing additional perks to members of both airlines’ loyalty programmes. Qatar Airways Privilege Club members can now earn Qmiles on flights operated by JetBlue and JetBlue TrueBlue members can earn points on Qatar Airways flights. Privilege Club members can now fly to more destinations across the United States, the Caribbean and Central America, by connecting beyond Qatar Airways’ U.S. gateways onto JetBlue’s network of 100 cities, while earning Qmiles. This brings the total number of destinations in the Americas to more than 300 cities, allowing Privilege Club members to earn Qmiles when they fly with our partner airlines. Privilege Club members can also look forward to using their [...]

2021-11-16T18:27:08+02:00November 16th, 2021|AIRLINES, News|

Emirates and GE Aviation commit to test flight programme using 100% Sustainable Aviation Fuel to reduce CO2 emissions

Source: Emirates Emirates and GE Aviation have signed a Memorandum of Understanding (MoU) to develop a programme that will see an Emirates Boeing 777-300ER, powered by GE90 engines, conduct a test flight using 100% Sustainable Aviation Fuel (SAF) by the end of 2022. Currently, SAF approved for use is a blend of petroleum-based Jet A or Jet A-1 fuel and a SAF component with a maximum blend limit of 50%. One of GE’s fuel experts chairs an international task force to develop standardized industry specifications supporting adoption of 100% SAF, which does not require blending with conventional jet fuel. A milestone collaboration for both Emirates and GE Aviation, the 100% SAF test flight is expected to demonstrate how widebody commercial [...]

2021-11-16T18:26:12+02:00November 16th, 2021|AIRLINES, News|

Emirates announces major retrofit programme 105 aircraft

Source: Emirates At the Dubai Airshow 2021 today, Emirates announced that it will retrofit 105 of its modern wide-body aircraft with its Premium Economy product, in addition to other cabin enhancements. The 18-month retrofit programme, scheduled to begin at the end of 2022, will be entirely conducted at Emirates’ state-of-the-art Engineering Centre in Dubai. It will see 52 Emirates A380s and 53 Boeing 777s fitted with a new cabin class – the airline’s highly lauded Premium Economy. The airline is also considering installing a brand new Business Class product on its Boeing 777 aircraft, with customised seats in a 1-2-1 layout. Sir Tim Clark, President Emirates Airline, said: “Emirates is investing in this retrofit programme to ensure that we continue [...]

2021-11-16T18:25:16+02:00November 16th, 2021|AIRLINES, News|