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So far Kostas Iatrou has created 1083 blog entries.

Copa Holdings Announces Monthly Traffic Statistics for January 2021

Source: Copa Holdings Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for January 2021: Operating Data January January % Change 2021 2020 Copa Holdings  (Consolidated)   ASM (mm) (1) 979.5 2,168.6 -54.8%   RPM (mm) (2) 621.4 1,826.8 -66.0%   Load Factor (3) 63.4% 84.2% -20.8p.p. 1.  Available seat miles - represents the aircraft seating capacity multiplied by the number of miles the seats are flown. 2.  Revenue passenger miles - represents the numbers of miles flown by revenue passengers 3.  Load factor - represents the percentage of aircraft seating capacity that is actually utilized Consolidated capacity (ASMs) came in 54.8% lower than January 2020, while passenger traffic (RPMs) decreased 66.0%, which resulted in a 63.4% load [...]

2021-02-11T18:47:15+02:00February 11th, 2021|AIRLINES, News|

LATAM projects a reduced operation in February compared to previous month

Source: LATAM LATAM Airlines Group reports its operational estimate for February, which could reach 35% (measured in available seat kilometers - ASK) compared to the same period of the previous year. The figure is lower than that announced for January, in which the operation reached 39.8% of previous year’s capacity, in a scenario dominated by increased government restrictions on air transport worldwide. For this month, there are 680 daily domestic and international flights estimated, connecting 115 destinations in 16 countries. In turn, the use of the cargo fleet is expected to increase by 20% and considers more than 1,100 monthly flights. All projections are subject to the evolution of the pandemic, as well as to travel restrictions in the countries [...]

2021-02-11T18:45:31+02:00February 11th, 2021|AIRLINES, News|

Facial Recognition Pilot Project at Madrid Airport to be Extended for Contactless Passenger Experience

Source: Iberia The AENA airports authority plus Iberia, Inetum and Thales are partnering in this ambitious project, supported by Spain’s Industrial Technology Development Centre (CDTI). It allows the biometric detection of passengers using tablet-type mobile equipment. The aim is to increase security and speed procedures in an airport with numerous flights to many different destinations. It implies seeking innovative ways of operating in the air travel industry to comply with the new health safety measures implemented following the Covid-19 outbreak.   The national airports authority AENA is part of the consortium which includes Iberia, Inetum, and Thales, which is to carry out an R+D project with the aim of seeking new ways to operate in the air travel industry with [...]

2021-02-11T18:24:34+02:00February 11th, 2021|AIRLINES, News|

LATAM Airlines Group reports its operational estimate for February

Source: LATAM LATAM Airlines Group reports its operational estimate for February, which could reach 35% (measured in available seat kilometers - ASK) compared to the same period of the previous year. The figure is lower than that announced for January, in which the operation reached 39.8% of previous year’s capacity, in a scenario dominated by increased government restrictions on air transport worldwide. For this month, there are 680 daily domestic and international flights estimated, connecting 115 destinations in 16 countries. In turn, the use of the cargo fleet is expected to increase by 20% and considers more than 1,100 monthly flights. All projections are subject to the evolution of the pandemic, as well as to travel restrictions in the countries [...]

2021-02-10T23:00:34+02:00February 10th, 2021|AIRLINES, News|

Azul Cargo Revenue Grows 64% in 4Q20

Source: Azul Azul S.A., “Azul”, (B3: AZUL4, NYSE: AZUL) announces today that its logistics business unit Azul Cargo Express increased revenues in the fourth quarter of 2020 by 64% year over year. The business set new revenue records in each of the months during the quarter. This growth was driven by broad expansion in all segments of the cargo market, especially e-commerce. “When Azul was launched 12 years ago, our mission was to increase the size of the passenger market. In logistics our philosophy is the same – our exclusive network and fleet allow us to offer short delivery times at competitive prices, with the potential to transform logistics in Brazil”, said John Rodgerson, Azul’s CEO. Azul Cargo Express provides [...]

2021-02-04T18:07:39+02:00February 4th, 2021|AIRLINES, News|

Air Canada to Suspend Flights to the Caribbean and Mexico at the request of, and to Support Government of Canada COVID-19 Mitigation Efforts

Source: Air Canada Air Canada today said that, beginning January 31, it is temporarily suspending flights to Mexican and Caribbean destinations for 90 days in response to ongoing COVID-19 concerns, particularly during the Spring Break period. The decision, designed to achieve an orderly reduction in service and minimize customer impact, was taken in collaboration with the Government of Canada following consultations. "Air Canada believes a collaborative approach with the Government of Canada involving all air carriers is the best means to respond to the COVID-19 pandemic, especially given concerns around the variants of COVID- 19 and travel during the Spring Break period. Through consultation we have established an approach that will allow us to achieve an orderly reduction in service [...]

2021-01-30T02:15:33+02:00January 30th, 2021|AIRLINES, News|

WestJet cuts flying to Mexico and Caribbean at request of Canadian government

Source: WestJet The WestJet Group today announced it would temporarily cease international flying to 14 sun destinations in Mexico and the Caribbean in response to a request from the Government of Canada. "The government asked, and we agreed," said Ed Sims, WestJet President and CEO. "While we know that air travel is responsible for less than two per cent of cases since the start of the crisis, and even less today, we recognize the Government of Canada's ask is a precautionary measure. We also note that the overwhelming majority of quarantine exemptions, well over 90 per cent in fact, are connected to land borders and not air travel. We have responded to their request and will suspend service to destinations in Mexico and the Caribbean." Effective Sunday, January 31 at 12:01 a.m. ET, WestJet [...]

2021-01-30T02:14:22+02:00January 30th, 2021|AIRLINES, News|

Aeromexico launches new service to Puerto Escondido

Source: Aeromexico To celebrate the arrival of Aeromexico's first flight for the new Mexico City - Puerto Escondido route, the authorities of the State of Oaxaca and Aeropuertos y Servicios Auxiliares (ASA) welcomed the aircraft with the traditional water salute. The airline will operate seven weekly flights to this destination. Puerto Escondido, a port city in Oaxaca, is known for its seven beaches, including Zicatela, known by many as the "Mexican Pipeline" for being one of the best places for surfing. This beach is surrounded by palm trees and has a unique style, plus excellent nightlife. The Secretary of Tourism of Oaxaca, Juan Carlos Rivera Castellanos, recognized Aeromexico for launching the newest airline route with all the necessary health and [...]

2021-01-29T21:17:17+02:00January 29th, 2021|AIRLINES, News|

ICAO SG highlights aviation’s green transition at Davos

Source: ICAO Speaking at a World Economic Forum (WEF) Policy Session on “Building a Path to Net-Zero Aviation” yesterday, ICAO Secretary General Dr. Fang Liu highlighted opportunities now at hand to enhance the sustainability and resilience of the global civil aviation sector. Dr. Liu’s remarks were part of the lively series of exchanges with other invited panelists including the Hon. Grant Shapps, Secretary of State for Transport for the United Kingdom, Dick Benschop, Chief Executive Officer, Royal Schiphol Group, and Grazia Vittadini, Chief. Technology Officer, Airbus. The goal of the sessions was to gather perspectives across the aviation value-chain on key challenges and priorities, review the commitment to cross-sector collaboration and calls to action to drive quick, deliberate, strategic, and equitable [...]

2021-01-29T01:09:09+02:00January 29th, 2021|News, ORGANISATIONS|

ICAO updates Global Tourism Crisis Committee on latest vaccine and testing developments in air transport

Source: ICAO Speaking  to the 8th Virtual Meeting of the UN World Tourism Organization (UNWTO) Global Tourism Crisis Committee this week, ICAO Secretary General Dr. Fang Liu acknowledged that the latest measures to confront the most recent waves of COVID-19 transmission are weighing heavily on global travel and tourism.   She emphasized that there were few signs of near-term relief ahead for travel and tourism markets, given that the world is still faced with limited supplies of vaccines, and insufficient data on the transmission of the virus by persons that have been vaccinated.   Dr. Liu underscored that ICAO is collaborating with States, partner agencies and industry on the global vaccine distribution challenge, and to develop further guidance applicable to [...]

2021-01-21T23:18:58+02:00January 21st, 2021|News, ORGANISATIONS|