//AIRLINES

JetBlue announces Third Quarter 2023 Results

Source: JetBlue JetBlue Airways Corporation has reported its results for the third quarter of 2023: “While we faced challenges in the quarter, including significant weather-related impacts and rising fuel prices, our Crewmembers rose to the occasion, focusing on what we can control to mitigate these headwinds and provide our customers with great service.” said Robin Hayes, JetBlue’s Chief Executive Officer. “As we look ahead, we are making improvements to drive profitable growth and ensure JetBlue is positioned for success in 2024 and beyond.” Third Quarter 2023 Financial Results Net loss for the third quarter of 2023 under Generally Accepted Accounting Principles (“GAAP”) of $153 million or $(0.46) per share. Excluding special items, adjusted net loss for the third quarter of [...]

2023-11-01T18:56:55+02:00November 1st, 2023|AIRLINES, News|

The WestJet Group marks successful integration of ultra-low-cost airline Swoop

Source: WestJet Over the weekend, the WestJet Group completed the integration of its ultra-low-cost carrier (ULCC), Swoop, into WestJet's existing 737 operations. With the integration now complete, WestJet will leverage the successes and learnings from five years of operating Canada's first ULCC across its growing airline to enhance its ability to serve a broader spectrum of guests. Instead of serving the ultra-low-cost market on only 16 aircraft, the airline's 180 strong fleet will transition to offer ultra-affordable travel options through to a premium inflight experience on each of its aircraft. "As the first ULCC to enter the Canadian market, in 2018 Swoop pioneered the no-frills product in Canada and was best-in-class in generating ancillary revenues," said Alexis von Hoensbroech, WestJet [...]

2023-11-01T05:14:59+02:00October 31st, 2023|AIRLINES, News|

Paradise is Calling: U.S. Travelers Gain Daily, Low-Fare Flights to Tulum’s New Airport with Spirit Airlines

Source: Spirit Airlines Nonstop flights from Fort Lauderdale and Orlando begin March 2024  with introductory fares starting at $ 149 one-way* Mexico's east coast jewel will soon be only one nonstop flight away for U.S. travelers. Spirit Airlines announced new, nonstop service to Felipe Carrillo Puerto International Airport (TQO) in Tulum, Mexico, making it the first U.S.-based ULCC to announce service at the brand-new airport. Daily flights from Fort Lauderdale (FLL) and Orlando (MCO) will launch on March 28, 2024, in conjunction with the start of TQO's international service. "Tulum is an increasingly popular choice for leisure travelers, and our direct flights from Florida will make a getaway to Mexico's enchanting coastline more accessible than ever, just in time for spring break," said [...]

2023-11-01T05:16:11+02:00October 31st, 2023|AIRLINES, News|

Air Century, year-round flight from Punta Cana to Aruba

Source: Aruba Airport Aruba Airport and Air Century Expand Connectivity with New Year-Round Route from Punta Cana, Santo Domingo to Aruba starting 15 December 2023 Aruba Airport (AUA) is thrilled to announce a significant network expansion with the support of its trusted airline partner, Air Century, which has flown over 13,500 passengers to Aruba since 2018. Air Century recently confirmed that it will be expanding its connection to the island by adding a new direct, year-round flight from Punta Cana, Dominican Republic (PUJ) to Aruba (AUA). Recently, Aruba Airport had the privilege of hosting the Air Century team, led by Air Century's Commercial Director, Mr. Felipe Gutierrez, Station Manager in Aruba, Ms. Solandry Fuentes, Sales Executive, Ms. Linette De Los [...]

2023-11-01T05:17:43+02:00October 31st, 2023|AIRLINES, News|

Air Canada Fan Flight Soars Again for the 2023/24 Season, Bringing Young Sports Fans Closer to the Away Game Action

Source: Air Canada Beloved Air Canada program recognizes and rewards young sports fans who are making a difference with one-of-a-kind NHL and NBA experiences Through Fan Flight, the airline celebrates diverse winners from across the country, all unified by a deep love of Canadian sports Air Canada is proud to fly the flag and support the country's teams while giving back to the community Air Canada announced the much-anticipated return of Fan Flight for the 2023/24 season, surprising and delighting young sports fans across the country with more end-to-end unique NHL or NBA game experiences. The popular annual program is back, now celebrating young fans who are making a difference with a host of exciting rewards and surprises, including a [...]

2023-11-01T05:19:21+02:00October 31st, 2023|AIRLINES, News|

Air Canada Reports Third Quarter 2023 Financial Results

Source: Air Canada Operating revenues of $6.344 billion increased 19 per cent from the third quarter of 2022 Operating income of $1.415 billion, with an operating margin of 22.3 per cent, increased $771 million year over year Adjusted EBITDA* of $1.830 billion, with adjusted EBITDA margin* of 28.8 per cent, an improvement of over $773 million year over year Third quarter net cash flows from operating activities of $408 million, and free cash flow* of $135 million Leverage ratio* of 1.4 at September 30, 2023, down from 5.1 at December 31, 2022 Air Canada today reported its third quarter 2023 financial results. "Air Canada performed strongly in the third quarter, generating solid operating revenues of more than $6.3 billion, a [...]

2023-10-30T18:48:14+02:00October 30th, 2023|AIRLINES, News|

TAP Air Portugal informed of accumulated results of 203.5 million euros

Source: TAP Third quarter of the year with record profits of 180.5 million euros In the first nine months of 2023, TAP once again achieved a historic milestone by generating a record net profit of 203.5 million euros. Operating Revenues in the first nine months of 2023 have surged to EUR 3.2 billion, demonstrating a significant increase of EUR 725m (+29.7%) compared to the same period in 2022. The first nine months have witnessed a significant performance in our financial and commercial metrics. TAP has delivered a Recurring EBITDA of EUR 752.4m, with a margin of 24%, as well as a solid Recurring EBIT of EUR 400.7m, with a margin of 13%. At the end of June 2023, TAP reimbursed [...]

2023-10-30T19:53:43+02:00October 30th, 2023|AIRLINES, News|

Opening of the 56th Annual General Meeting of the Arab Air Carriers’ Organization

Source: AACO The 56th Annual General Meeting of the Arab Air Carriers’ Organization (AACO) will be held between 30 October and 01 November 2023 at the “Crowne Plaza RDC” hotel in Riyadh, hosted by Saudia under the Patronage of His Excellency Engr. Saleh bin Nasser Al-Jasser, Minister of Transport and Logistic Services and the Chairman of the Board of Directors of Saudi Arabian Airlines Corporation, with the participation of more than 200 Arab and global aviation experts gathering Chief Executive Officers of AACO member airlines, partner airlines and industry partners from aircraft and engine manufacturers, global distribution systems, information technology partners and others. The Directors General of the Arab Civil Aviation Organization and the International Air Transport Association are also [...]

2023-10-30T19:02:31+02:00October 30th, 2023|AIRLINES, AROUND THE WORLD, News, ORGANISATIONS|

L’Eggo With Eggo®: Frontier Becomes First Airline to Offer New Eggo® Grab & Go Waffles

Source: Frontier Airlines Updated Inflight Menu Features Wide Selection of New Snack and Drink Items Eggo® waffle fans can now L'Eggo at 35,000 feet! Ultra-low fare carrier Frontier Airlines (NASDAQ: ULCC), in partnership with Kellanova, is introducing the Eggo® Grab & Go waffle to its Fly Bar inflight menu. Frontier is the first airline to offer the new snack. The Eggo® Grab & Go waffle is a Belgian-style waffle made with real butter and pearl sugar-     pearl sugar is the magical ingredient that gives the waffle an added crunch and sweet layer around the exterior. The first-ever ready-to-eat Eggo® waffle that doesn't require a toaster or toppings is now available in the skies on Frontier Airlines. "The Eggo Grab & [...]

2023-10-30T18:31:16+02:00October 30th, 2023|AIRLINES, News|

SkyWest Orders 19 Embraer E175 Aircraft for Operation with United Airlines

Source: Embraer Embraer has agreed to the sale of 19 new E175 jets to SkyWest, Inc. for operation in the United Airlines network, adding to the 90 E175 jets SkyWest already operates for United. The E175 aircraft will fly exclusively with United under a Capacity Purchase Agreement (CPA). The value of the contract, which has been included in Embraer’s Q3 backlog, is US$1.1billion, based on list price. The 70-seat aircraft will be delivered in a three-class configuration. Deliveries will begin Q4 2024. President and CEO of SkyWest Chip Childs said, “SkyWest is already the largest E175 operator in the world, and when this order is delivered we will have over 250 E175s. We look forward to continuing to improve the [...]

2023-10-27T20:11:04+03:00October 27th, 2023|AIRLINES, MANUFACTURERS, News|