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So far Kostas Iatrou has created 1973 blog entries.

ACI World Governing Board calls for urgent COVID-19 industry relief

Source: ACI Airports Council International (ACI) World Governing Board has called for urgent relief measures for airports to assist in dealing with the impact of the COVID-19 pandemic and also urged a globally coordinated programme of measures to aid in a balanced recovery for the aviation industry. The resolution passed by the board calls for coordinated industry engagement between States, regulatory authorities, and all aviation stakeholders, to promote an internationally recognized framework for a sound, seamless and sustainable recovery. The COVID-19 outbreak is a systemic crisis that has resulted in unprecedented disruption of global air transport. ACI World estimates a reduction of more than 4.6 billion passengers with a decline in total airport revenues on a global scale of more [...]

2020-05-12T20:38:00+03:00May 12th, 2020|News, ORGANISATIONS|

UNWTO Releases a COVID-19 Technical Assistance Package for Tourism Recovery

Source: UNWTO The World Tourism Organization (UNWTO) has released a Tourism Recovery Technical Assistance Package to offer guidance to Member States in response to COVID-19. The package is structured around three main pillars: economic recovery, marketing and promotion and institutional strengthening and resilience building. With tourism among the hardest-hit of all sectors, UNWTO has identified three possible scenarios for the months ahead. Depending on when restrictions on travel are lifted, international tourist arrivals could decline by 60-80% in 2020. This could translate into a decline in export revenues from tourism of between US$910 billion to US$1.2 trillion and place 100-120 million jobs directly at risk. The social ripple effect is also feared to be at least equally challenging for many [...]

2020-05-12T22:00:49+03:00May 12th, 2020|News, ORGANISATIONS|

American Airlines Continues its Pioneering History with Expanded Cargo Operations

Source: American Airlines American Airlines has expanded its cargo schedule in May to provide 140 weekly flights to 15 cities in Asia Pacific, Europe and the Caribbean, up from 80 flights last week. New destinations include daily flights between Dallas-Fort Worth (DFW) and Hong Kong (HKG); and weekly flights from DFW and Beijing (PEK); DFW Chicago (ORD) and Paris (CDG); ORD and London Heathrow (LHR); Philadelphia (PHL) and Rome (FCO); PHL and San Juan (SJU), and PHL and Zurich (ZRH). Airline announces 140 weekly cargo flights to 15 international cities in May FORT WORTH, Texas — American Airlines has expanded its cargo schedule in May to provide 140 weekly flights to 15 cities in Asia Pacific, Europe and the Caribbean, [...]

2020-05-12T20:34:28+03:00May 12th, 2020|AIRLINES, News|

Brett J. Hart Named President of United Airlines

United Airlines (NASDAQ: UAL) today announced that effective May 20, 2020, Brett J. Hart, Executive Vice President and Chief Administrative Officer, will be appointed President of United Airlines Holdings, Inc. – a continuation of the company's leadership succession plan announced in early December with current CEO Oscar Munoz transitioning to Executive Chair and current President Scott Kirby becoming CEO following the Annual Meeting of Shareholders on May 20, 2020. "Brett is a well-established and widely respected leader who has established a strong track record, over the last decade, helping United navigate complex challenges across all areas of our business," Munoz said. "He is recognized inside and outside of the airline industry for his leadership and has played a central role [...]

2020-05-12T09:35:57+03:00May 12th, 2020|AIRLINES, News|

ALTA announces the appointment of Executive Director & CEO

The Latin American and Caribbean Air Transport Association (ALTA) announces the appointment of its future Executive Director & CEO: José Ricardo Botelho, who assumes the position effective June 1st, 2020. José Ricardo Botelho is Brazilian, with 8 years of experience in the aeronautical sector and more than 20 years of public service in Brazil. Botelho served as Brazil’s Alternate Diplomatic Delegate to ICAO for about 2 and a half years and as Director President of the National Civil Aviation Agency of Brazil (ANAC) for 4 years. Under his leadership, ANAC reached important milestones that resulted in an updated, efficient regulatory environment capable of bringing greater competitiveness to the Brazilian aviation market. “I am delighted to join ALTA, an organization with [...]

2020-05-11T17:32:42+03:00May 11th, 2020|News, ORGANISATIONS|

CARIBBEAN AIRLINES OPERATES HISTORIC CARGO ONLY CHARTER FLIGHT

Source: Caribbean Airlines On Friday 8 May, Caribbean Airlines utilized one of its Boeing 737-800 passenger aircraft for a cargo only charter service for the first time in the airline’s history. This flight was part of the airline’s recently launched charter service, and was used to move essential supplies from Guyana to Cuba. The new service was introduced to serve islands experiencing reduced cargo capacity due the closure of borders to commercial passenger flights due to COVID-19. The charter service operated under strict regulatory procedures, adhering to established best practices for aircraft cleanliness and sanitation to ensure the safety of the airline’s crew during the current pandemic. Marklan Moseley, General Manager – Cargo and New Business, Caribbean Airlines said: “These [...]

2020-05-12T09:50:38+03:00May 11th, 2020|AIRLINES, News, Uncategorized|

Azul Reports April 2020 Traffic

Source: Azul Azul S.A., “Azul”, (B3: AZUL4, NYSE: AZUL) announces today its preliminary traffic results for April 2020. Consolidated passenger traffic (RPKs) decreased 90.0% compared to April 2019 on a capacity decrease (ASKs) of 87.7%, resulting in a load factor of 69.8% in the domestic segment and 64.0% internationally. “From March 25th to April 30th we operated an essential network with 70 non-stop flights per day to 25 cities, representing an 87% domestic capacity reduction year over year. The average load factor of our domestic flights was close to 70% and the essencial network is generating cash on a variable cost basis. We believe that the lowest point in demand is behind us and we expect to gradually return our [...]

2020-05-12T09:41:30+03:00May 11th, 2020|AIRLINES, News|

Avianca Holdings initiates voluntary reorganization proceedings

Source: Avianca Avianca Holdings S.A. (NYSE: AVH, BVC: PFAVH) (the “Company” or “Avianca”) and certain of its subsidiaries and affiliates today filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York to preserve and reorganize Avianca’s businesses. LifeMiles™, Avianca’s loyalty program, is administered by a separate company and is not part of the Chapter 11 filing. The filing was necessitated by the unforeseeable impact of the COVID-19 pandemic, which has resulted in a 90% decline in global passenger traffic and is expected to reduce industry revenues worldwide by $314 billion, according to the International Air Transport Association. Avianca’s scheduled passenger operations have been grounded since mid-March, [...]

2020-05-12T09:42:59+03:00May 10th, 2020|Uncategorized|

Delta and LATAM sign trans-American Joint Venture Agreement

Once regulatory approvals are granted, the partnership will provide customers with a seamless travel experience and industry-leading connectivity. Delta Air Lines and LATAM Airlines Group and its affiliates have signed a trans-American Joint Venture Agreement that, once regulatory approvals where required are granted, will combine the carriers’ highly complementary route networks between North and South America, providing customers with a seamless travel experience and industry-leading connectivity. “Late last year, we set out to build the leading strategic alliance in Latin America together with LATAM, and while the industry landscape has changed, our commitment to this joint venture is as strong as ever,” said Delta CEO Ed Bastian. “Even as our carriers contend with the impact of COVID-19 on our business and [...]

2020-05-08T01:49:53+03:00May 8th, 2020|AIRLINES, News|

Volaris Reports April 2020 Traffic Results: Schedule Reductions to Face COVID-19

Source: Volaris Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reported April2020 preliminary traffic results. In April 2020, capacity measured by ASMs (Available Seat Miles) decreased by 82.4% vs the same period of last year, while demand measured by RPMs (Revenue Passenger Miles) decreased 81.8% year over year. Volaris transported a total of 307 thousand passengers during the month of April, a decrease of 83.4% year over year. Network-wide load factor for April 2020 was 87.4%. These decreases were a result of the decline in demand of air travel services related to the virus SARS-CoV-2 (COVID-19) pandemic, which affected Volaris in the month of April, as announced in the capacity guidance [...]

2020-05-12T09:46:32+03:00May 7th, 2020|AIRLINES, News|