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So far Kostas Iatrou has created 1973 blog entries.

New direct flights to the Caribbean from BORDEAUX Corsair opens a new Bordeaux-Pointe-à-Pitre route from 19 December 2021

Source: As of 19 December 2021, Corsair will be the only airline offering direct flights to Pointe-à-Pitre, Guadeloupe from Bordeaux Airport. The airline company aims to strengthen its service to overseas destinations, in particular by developing links between regional airports in Metropolitan France and its overseas territories. At the same time, Corsair is renewing its fleet entirely in an effort to improve its environmental impact. This winter, people in Bordeaux and in the western part of France can head for the islands in the sun. From 19 December 2021 to 1 May 2022, passengers can take advantage of the new Corsair route from Bordeaux to Pointe-à-Pitre, with flights starting at €463 incl. tax (return flight with baggage). 1. Bordeaux – [...]

2021-10-21T19:23:53+03:00October 21st, 2021|AIRPORTS, News|
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American Airlines Reports Third-Quarter 2021 Financial Results

Source: American American Airlines Group Inc. (NASDAQ: AAL) today reported its third-quarter 2021 financial results, including: Third-quarter net profit of $169 million, or $0.25 per diluted share. Excluding net special items1, third-quarter net loss of $641 million, or ($0.99) per share. Third-quarter revenue of $9.0 billion, up 20% sequentially from the second quarter of 2021. Ended the third quarter with approximately $18 billion of total available liquidity, after prepayment of $950 million spare parts term loan during the quarter. Company continues to expect robust demand during peak travel periods in the fourth quarter, with more than 6,000 peak day departures. Company continues to execute on its plan to pay down approximately $15 billion of debt by the end of 2025. [...]

2021-10-21T19:21:04+03:00October 21st, 2021|AIRLINES, News|
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Embraer Delivers Nine Commercial and 21 Executive Jets in 3Q21

Source: Embraer Embraer (NYSE: ERJ; B3: EMBR3) delivered a total of 30 jets in the third quarter of 2021, of which nine were commercial aircraft and 21 were executive jets (14 light and seven large). As of September 30, the firm order backlog totaled USD 16,8 billion. During 3Q21, in the executive aviation segment, Embraer delivered its 1,500th business jet. The milestone aircraft was a Phenom 300E, the best-selling light jet for nine years in a row, which was delivered to Haute Aviation, a Swiss company focused on charter, brokerage, and aircraft management. In the commercial aviation segment, Embraer announced the sale of 16 new E175 jets to SkyWest, Inc. for operation in the Delta Air Lines network, adding to [...]

2021-10-21T19:18:27+03:00October 21st, 2021|MANUFACTURERS, News|
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IATA Adds ‘Quote and Book’ Function to IATA Net Rates – IAG Cargo First to Integrate Solution

Source: IATA The International Air Transport Association (IATA) has added a ‘quote and book’ function to IATA Net Rates. This enables airlines to offer freight forwarders dynamic pricing for booking their shipments. IAG Cargo, the cargo division of International Airlines Group (IAG), is the first carrier to integrate this new functionality. “The pandemic has accelerated the appetite for digitalization across the air cargo industry. IATA Net Rates new ‘quote and book’ function simplifies and accelerates the rate distribution and booking process between airlines and freight forwarders, saving valuable time by eliminating manual, labor-intensive processes. We are pleased to expand our Net Rates partnership with IAG Cargo to support their efficient cargo rates distribution and booking capabilities, across the different airlines [...]

2021-10-21T18:53:21+03:00October 21st, 2021|News, ORGANISATIONS|
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Iberia Maintenance and Vueling Broaden Agreement to Cover Engines, Parts, and Major Overhauls

Source: Iberia Iberia Maintenance will be sole MRO provider for Vueling’s CFM56 engines and preferential provider for V2500s Iberia’s maintenance unit will also conduct C-checks and 6-year overhauls of the entire fleet at hangars in Vueling’s Barcelona base and in Madrid The contract also covers certain aircraft components   Iberia Maintenance and Vueling have reached a long-term agreement for the maintenance and repair of airframes, engines, and parts, chiefly at the airline's Barcelona base. The deal tightens the relationship between Iberia and its IAG partner Vueling, which was named Europe's best low-cost carrier in 2021, and is in conformity with both companies’ commitments to fortify aircraft maintenance activity at Barcelona’s El Prat airport, as announced in June: https://grupo.iberia.es/news/11062021/iberia-committed-to-boosts-heavy-maintenance-business-in-barcelona   Sole [...]

2021-10-20T21:34:15+03:00October 20th, 2021|AIRLINES, News|
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Embraer Renews the Pool Program Agreement with TAP express

Source: Embraer Embraer announced today at the MRO Europe, a leading aeronautical maintenance event, that it has signed the renewal of the Pool Program with TAP express, TAP Air Portugal’s subsidiary. The contract includes broad support for components to the airline’s E-Jets fleet. Currently, Embraer’s Pool Program supports more than 50 airlines worldwide. “Over the years, Embraer's support has proven to be of tremendous value to our operation. Having Embraer at our side gives us the peace of mind of being able to focus only on day-to-day operations in order to offer passengers our best service,” said Valter Fernandes, Managing Director of TAP express. Since 1998, TAP express, formerly known as PGA-Portugália Airlines, has trusted Embraer for the support of [...]

2021-10-21T15:04:07+03:00October 20th, 2021|AIRLINES, MANUFACTURERS, News|
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Embraer and Air Montenegro Announce Pool Program Agreement

Source: Embraer Embraer announced today at the MRO Europe, a leading aeronautical maintenance event, that it has signed a Pool Program agreement with Air Montenegro to support a wide range of repairable components for the airline’s fleet of two E195s. Currently, Embraer’s Pool Program supports more than 50 airlines worldwide. Embraer provides support to airlines worldwide, with its technical expertise and its vast component services network. The results are significant savings in repair and inventory carrying costs and a reduction in warehousing space and resources required for repair management, while ultimately providing guaranteed performance levels. Embraer Services & Support’s portfolio offers a wide range of competitive solutions designed to every customer to support the growing fleet of Embraer aircraft worldwide [...]

2021-10-20T21:06:25+03:00October 20th, 2021|MANUFACTURERS, News|
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UNWTO, WTTC & WTM Ministers’ Summit commits to Investing in Tourism’s Sustainable Future

Source: UNWTO The summit is the largest annual gathering of tourism ministers and will take place on Tuesday 2nd November during WTM London – the leading global event for the travel industry. Ministers, industry leaders, entrepreneurs, and experts are invited to take part. For more than 10 years, the World Tourism Organization (UNWTO) and WTM London have partnered to host a high-level summit, focusing on key challenges and opportunities facing the sector. The 2021 Summit will also be presenting an opportunity for leaders to discuss ways to build back better and invest in a sustainable future for the travel and tourism industry. The UNWTO, WTTC & WTM Ministers' Summit 2021 will provide a practical platform for tourism leaders of the public [...]

2021-10-20T21:02:51+03:00October 20th, 2021|News, ORGANISATIONS|
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United Airlines Third-Quarter Results; Remains on Track to Meet 2022 Targets; Poised to Capitalize on International Reopening

Source: United United Airlines (UAL) today announced third-quarter 2021 financial results. Despite the impact of the COVID-19 Delta variant in the third quarter, the company remains confidently on track to achieve the range of longer term financial targets laid out as part of its United Next plan earlier this summer, and to reduce CASM-ex1 below 2019 levels next year. Citing the rebound in premium leisure travel, re-opening of European borders next month, continued recovery of business travel and early indications of loosening travel restrictions in key Pacific markets, United also announced plans to increase international capacity by 10% in 2022 - while keeping domestic capacity flat to 2019. The plan will capitalize on already improving international margins and United's ideally situated [...]

2021-10-20T17:36:50+03:00October 20th, 2021|AIRLINES, News|
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Second Quarter 2021 Air Fare Increases As Passenger Numbers Increase Significantly

Source: US DOT The average U.S. domestic air fare increased in the second quarter of 2021 to $300, up 12.6% from the first quarter 2021 inflation-adjusted fare of $266. The second quarter 2021 fare increased as passenger travel increased significantly.   Adjusted for inflation (constant 2021 dollars) the average 2Q 2021 air fare was: Up 10.4% from second quarter 2020 ($272) Up 18.2% from the lowest inflation adjusted fare of $254 in the third quarter of 2020 Down 24.7% from second quarter 2016 ($398)   Air fares increased as passenger demand increased. U.S. airlines reported 62.5 million originating passengers in the second quarter 2021, up from 33.4 million passengers in 1Q 2021, but down from 11.5 million passengers a year [...]

2021-10-19T18:24:00+03:00October 19th, 2021|News, ORGANISATIONS|
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