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So far Kostas Iatrou has created 1973 blog entries.

U.S. Airlines June 2021 Passengers Increased 304% from June 2020 but Still Declined 21% from Pre-Pandemic June 2019 (Preliminary)

Source: US DOT   U.S. airlines carried 304% more scheduled service passengers in June 2021 than in June 2020 (preliminary), according to data filed with the Bureau of Transportation Statistics (BTS) by 21 airlines that carry more than 90% of passengers.   The 21 airlines carried 66.4 million passengers in June 2021 (preliminary), compared to 16.4 million passengers in June 2020 and the low of 3.0 million in April 2020, which was the lowest monthly total in BTS records dating back to 1974.  Before the COVID-19 pandemic, the previous low was 14.6 million passengers in February 1975.   In June 2021, the airlines carried 21% fewer total passengers, 17% fewer domestic passengers and 45% fewer international passengers than in pre-pandemic [...]

2021-08-17T18:13:45+03:00August 17th, 2021|News, ORGANISATIONS|

Aeromexico announces nonnstop service between Cancun and São Paulo

Source: Aeromexico As of December 15 to April 17, 2022, Aeromexico will launch seasonal service between Cancun and São Paulo with three weekly flights and operated with its Boeing 787 Dreamliner aircraft. The airline has offered service to Brazil for more than two decades, and this new route will increase the carrier’s total monthly seats offer between both countries by 43%. “For the Mexican Caribbean, this flight represents the increase not only of international air connectivity but also the growth of one of our strategic markets: Brazil. The launch of this route will allow us to shorten the distance with South America, strengthening the tourist reactivation in which we have worked in a gradual and orderly manner”, said the Governor [...]

2021-08-17T17:46:25+03:00August 17th, 2021|Uncategorized|

Sustainable fuels are part of the aviation recovery strategy

By Jose Ricardo Botelho One of the main challenges of our time is to find answers to the impacts caused by climate change and aviation, as a global industry, plays a decisive role. The sector is responsible for only 3% of CO2 emissions and aims to reduce emissions by half by 2050, compared to 2005 level. Several industry segments have set clear targets for themselves, including reducing net carbon emissions to zero, and they are already working intensively to achieve this by implementing actions in line with the provisions of the Paris Agreement and ratified by ICAO. The adoption of SAFs (Sustainable Aviation Fuels) is an important part of this strategy. Last month, the European Union launched a package of [...]

2021-08-17T17:47:38+03:00August 16th, 2021|Expert Opinions & Industry Trends|

U.S. Scheduled Passenger Airlines employed 1.3K more employees in June 2021 than in May 2021

Source: US DOT U.S. Scheduled Passenger Airlines employed 1.3K more employees in June 2021 than in May 2021     The 24 U.S. scheduled passenger airlines employed 0.3% more full-time equivalents (FTEs) in June 2021 than in May 2021: June’s total number of FTEs (394,298) was up 1,314 from May (392,984) and down 62,962 from the onset of the pandemic in March 2020 (457,260), a 13.8% drop. May 2021 was the lowest FTE total for the month of May since 2015 (396,973). The increase from May resulted largely from American Airlines adding 1,039 FTEs and United Airlines adding 296 FTEs. Only three reporting airlines reduced FTEs (Southwest, Skywest, and Horizon) from May to June. In June 2021, scheduled passenger airlines [...]

2021-08-16T18:18:45+03:00August 16th, 2021|News, ORGANISATIONS|

The WestJet Group responds to mandatory vaccination requirement for airline workers

Source: WestJet The WestJet Group today welcomed the announcement by Transport Minister Omar Alghabra regarding mandatory vaccinations for federally regulated airline employees. "We continue to be a strong partner in Canada's vaccination rollout and are working diligently to implement the government's policy on mandatory vaccines for airline employees," said Mark Porter, WestJet Executive Vice-President, People and Culture. "Vaccinations are the most effective way to ensure the safety of our guests and employees, while curbing the spread of COVID-19." "We understand our people will have questions and will be discussing with our employee and labour groups in real-time," continued Mr. Porter. "We are seeking additional detail from the federal government on the requirement and are committed to working together to ensure [...]

2021-08-15T21:20:06+03:00August 13th, 2021|AIRLINES, News|

Air Canada Welcomes New Health and Safety Measures by The Government of Canada to Facilitate Safer Travel

Source: Air Canada Air Canada today issued the following statement in response to the Government of Canada's announcement that federally regulated employees in the transport sector must be fully vaccinated against COVID-19 by October 31, 2021. Since the beginning of the pandemic, Air Canada has advocated and continually adopted science-based measures to keep its customers and employees safe. This has included encouraging its employees to get vaccinated, setting up workplace clinics and supporting community vaccination programs to make vaccinations more widely accessible. Although Air Canada awaits further details about today's announcement on mandatory vaccinations, it is a welcome step forward in the evolving measures to protect the health and safety of airline employees, customers and all Canadians. Air Canada is [...]

2021-08-13T21:34:45+03:00August 13th, 2021|AIRLINES, News|

Embraer Earnings Results 2nd Quarter 2021

Source: Embraer HIGHLIGHTS Embraer delivered 14 commercial jets and 20 executive jets (12 light / 8 large) in 2Q21, bringing the year-to-date deliveries to 23 commercial jets and 33 executive jets (22 light /11 large). Following solid sales activity in the period across businesses, total company firm order backlog at the end of 2Q21 was US$ 15.9 billion; Revenues in 2Q21 reached US$ 1,130.5 million, representing year-over-year growth of 110.4% compared to 2Q20, with double digit growth in all segments. First half 2021 revenues grew 65.5% compared to the same period of 2020; Excluding special items, adjusted EBIT and EBITDA were US$ 104.7 million and US$ 160.7 million, respectively, yielding adjusted EBIT margin of 9.3% and adjusted EBITDA margin of [...]

2021-08-13T19:28:41+03:00August 13th, 2021|MANUFACTURERS, News|

Embraer commits to carbon neutral operations by 2040

Source: Embraer Embraer, as part of its commitment to building a sustainable future, today announced ambitious new ESG targets, including a commitment to carbon neutral operations by 2040. The company developed social responsibilities and environmental goals, which include offering an inclusive workplace for all employees and launching a zero-emission vehicle, all of which are integrated into the company’s corporate sustainability plan. The ESG goals are focused on helping to move both the company and the aviation industry forward. “At Embraer, we recognize the urgency of the climate crisis and we are fully committed to a more sustainable future. We are stepping up our efforts to minimize our carbon footprint by remaining dedicated to innovating solutions that have a broader impact [...]

2021-08-13T19:27:21+03:00August 13th, 2021|MANUFACTURERS, News|

Embraer’s electric demonstrator aircraft begins flight test campaign

Source: Embraer On the journey to a net zero-carbon emissions future, another initiative of Embraer has reached a new stage with the beginning of the flight test campaign of the electric demonstrator aircraft. Developed to evaluate new technologies and solutions that enable 100% electric and more sustainable aeronautical propulsion, the demonstrator conducts tests at Embraer's facility in Gavião Peixoto, in São Paulo, Brazil. This is another promising step in the successful scientific and technological cooperation that has brought together Embraer and two renowned providers of electric mobility solutions, WEG and EDP. The open innovation strategy has accelerated the development of the needed technologies to increase the future aircraft´s energy efficiency through the use and integration of electrical devices into an [...]

2021-08-13T19:23:33+03:00August 13th, 2021|MANUFACTURERS, News|

Government of Canada supporting Canada’s major airports with funding for COVID-19 testing and screening infrastructure

Source: Transport Canada As Canada works towards recovery and travel re-start, investments in our airport infrastructure continue to be crucial to maintain safety, security, and connectivity for travellers, workers and communities. Government of Canada investments will also help to rebuild the public’s confidence in domestic and international travel, and ensure that Canada’s aviation industry is well positioned to recover from the impacts of the pandemic. Today, the Minister of Transport, the Honourable Omar Alghabra, launched a new contribution funding stream under Transport Canada’s Airport Critical Infrastructure Program. This new Biosecurity Funding Stream will provide $81.6 million to support Canada’s major airports with investments in COVID-19 testing and screening infrastructure. This funding will help facilitate the safe restart of air travel [...]

2021-08-13T19:00:04+03:00August 13th, 2021|News, ORGANISATIONS|