Kostas Iatrou – Page 78

ICAO issues new guidance on COVID-19 aviation safety risks

Source: ICAO ICAO has developed a new publication aimed at helping countries to address the aviation safety risks arising due to the global effects of the COVID-19 pandemic. Produced specifically for national aviation regulators and civil aviation authorities (CAAs), the new Handbook for CAAs on the Management of Aviation Safety Risks related to COVID-19 (ICAO Doc 10144) was developed with the support of aviation experts serving on the ICAO Safety Management Panel. An ICAO State letter will be issued to encourage Member States to take advantage of this new handbook. “COVID-19 has presented the entire world with many new types of challenges, and the need to adjust how we conduct ourselves in our day-to-day lives,” commented ICAO Secretary [...]

Kostas Iatrou2020-05-12T09:54:39+03:00May 6th, 2020|News, ORGANISATIONS|

Copa Holdings Reports Net Profit of $74.3 million and EPS of $1.75 for the First Quarter of 2020

Source: Copa Copa Holdings, S.A. (NYSE: CPA), today announced financial results for the first quarter of 2020 (1Q20). 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 first quarter of 2019 (1Q19). OPERATING AND FINANCIAL HIGHLIGHTS Due to air travel restrictions implemented in response to the Covid-19 outbreak, the Company was forced to temporarily suspend all commercial flights on March 22nd, 2020. The Company currently expects to [...]

Kostas Iatrou2020-05-12T09:45:11+03:00May 6th, 2020|AIRLINES, News|

GOL Preliminary Traffic Figures for April 2020

Source: GOL GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), largest domestic airline, announces today preliminary air traffic figures for the month of April 2020, compared to the same period in 2019. During the month of March, GOL adjusted its network in both domestic and international markets to account for the decrease in customer demand as Brazilians took responsible steps to socially distance. As the effects of the COVID-19 pandemic reduced demand, starting on Saturday, March 28, the network was reformulated to guarantee essential service to Brazilian capitals from the São Paulo International Airport in Guarulhos. This essential network operated throughout the month of April and resulted in a decrease of domestic flights of 93% and, with the [...]

Kostas Iatrou2020-05-12T09:40:24+03:00May 6th, 2020|AIRLINES, News|

GCAA condemns fake news circulating on social media

Source: GCAA The Guyana Civil Aviation Authority (GCAA) has taken note of a publication on social media which suggests that a local air operator allegedly piloted an aircraft with passengers from Trinidad to Guyana without the relevant approval on Monday May 4, 2020. Director General of the GCAA, Lt. Col. (Ret’d) Egbert Field, A.A. wishes to dismiss such rumors as false. Col. Field said that such reports could create mischief, panic and confusion during a time when our nation is battling a pandemic of unprecedented proportions. The Director General wishes to assure the citizens of Guyana that the Authority has in place strict protocols for aircraft arriving from other States recognizing the extent of the Coronavirus Pandemic in other parts [...]

Kostas Iatrou2020-05-12T09:48:08+03:00May 5th, 2020|News, ORGANISATIONS|

Belize International Airport Continues to Remain Closed

Source: Belize International Airport The Government of Belize with support from the National Oversight Committee has extended the State of Emergency for Belize for up to 60 days. During this time, Belize’s borders remain closed to visitors and Belizean nationals as per SI 65. SI 65, 18. states, “(1) All ports of entry into and exit out of Belize are closed. (2) Every person entering or exiting Belize illegally commits an offence and, in addition to the imposition of mandatory quarantine, is liable to imprisonment for three months.” SI 65, 19. further states “(1) No Belizean shall be allowed entry through any port of entry unless that Belizean– (a) is returning from abroad with proof of having received urgent medical [...]

Kostas Iatrou2020-05-12T09:38:23+03:00May 3rd, 2020|AIRPORTS, News|

Resolution 144/2020 puts Argentina’s travel and tourism sector at risk

The Airports Council International – Latin America and Caribbean (ACI-LAC), the Latin American and Caribbean Air Transport Association (ALTA) and the International Air Transport Association (IATA) are urgently calling on the Argentine authorities to consider the imminent and substantial risks represented by Resolution 144/2020 (Passenger Transport Authorization), which restricts the operation of aviation in the country until September 1, 2020. This decision directly affects the future of the entire commercial aviation value chain in Argentina and the region, including domestic and international airlines, tourism and related sectors, putting at risk thousands of jobs. Also, Argentina’s connectivity with the world, as well as its domestic airline network which is vital for the transportation of essential supplies and the economic and social [...]

Kostas Iatrou2020-04-28T02:01:56+03:00April 28th, 2020|News, ORGANISATIONS|

CARIBBEAN AIRLINES CARGO LAUNCHES CHARTER SERVICE

Caribbean Airlines introduces cargo charter services to support supply chains within the Caribbean region. The airline launched this new option to meet the growing demand for cargo uplift to a number of Caribbean islands, which are now experiencing significantly reduced cargo capacity with the closure of borders to passenger aircraft, due to the COVID-19 pandemic. Caribbean Airlines Cargo will utilize the airline’s fleet of Boeing 737-800 and ATR-72 aircraft, offering up to 18,000 pounds for the movement of essential goods to and from destinations, including but not limited to, Antigua, Barbados, Curacao, Grenada, Guyana, Jamaica, Nassau, St. Lucia, St. Maarten, St. Vincent, Suriname and Trinidad and Tobago. Charter flights will be subject to the regulatory approvals of [...]

Kostas Iatrou2020-04-28T19:52:17+03:00April 27th, 2020|AIRLINES, News|

Luis Felipe de Oliveira, Executive Director & CEO, Latin American and Caribbean Air Transport Association (ALTA): ““Much Coordination Will Be Needed To Take-Off Again”
Gallery
Luis Felipe de Oliveira, Executive Director & CEO, Latin American and Caribbean Air Transport Association (ALTA): ““Much Coordination Will Be Needed To Take-Off Again”

Interviews

Luis Felipe de Oliveira, Executive Director & CEO, Latin American and Caribbean Air Transport Association (ALTA): ““Much Coordination Will Be Needed To Take-Off Again”

By Jeff Peet, Managing Editor. 1.- ALTA underwent a big transformation with the change of headquarters from Miami to Panama City, hiring more than half of a team that was new to the industry and you also adopted a strategy to be closer to your members and basic audience. How has that process evolved? Well, when I took over, ALTA was in a crisis of identity because it was a small organization trying to be a big one, competing with the other organizations in the region and that was a big mistake. Basically as an organization, you need to rely on your peers and work together. In addition, we are in the same industry so there is a need to [...]

Kostas Iatrou2021-12-27T21:04:29+02:00April 24th, 2020|Interviews|

ALTA TRAFFIC REPORT, FEBRUARY 2020

Panama, April 14, 2020 – The Latin American and Caribbean Air Transport Association (ALTA) announces that Latin America and Caribbean airlines carried 24.2 million passengers in February, up 4.5% – or 1,049,391 additional passengers – from the previous year. Traffic (RPK) increased 2.6% and capacity (ASK) increased 4.7%, bringing the load factor to 79%, 1.6 percentage points lower than in 2019. (see table 1). Traffic to/from Latin America & Caribbean Latin America and Caribbean airlines carried 2.18 million passengers to and from Latin America and the Caribbean in February, down 1% from the previous year (see table 2). Traffic (RPK) decreased 0.8% and capacity (ASK) increased 1.2%, bringing the load factor to 78.5%. Domestic Traffic Latin America and Caribbean airlines [...]

Kostas Iatrou2020-05-18T19:56:08+03:00April 14th, 2020|Reports|

IATA Teleconference on the COVID-19 Crisis – 7 April
Gallery
IATA Teleconference on the COVID-19 Crisis – 7 April

Web TV

IATA Teleconference on the COVID-19 Crisis – 7 April

-Alexandre de Juniac, IATA’s Director General and CEO -Brian Pearce, IATA’s Chief Economist Read remarks of Alexandre de Juniac View the COVID-19 wider economic impact from air transport collapse report https://www.youtube.com/watch?v=Zagju4cRVjA

Kostas Iatrou2020-04-15T14:13:30+03:00April 14th, 2020|Web TV|

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