Source: ITA Airways The Company announces that the ITA Airways Shareholders' Meeting was held last week in Fiumicino, under the chairmanship of Antonino Turicchi. The Shareholders' Meeting had on its agenda the renewal of the Board of Directors and the Board of Statutory Auditors, whose mandate had expired upon approval of the Company's 2022 financial statements. The Shareholders' Meeting, therefore, proceeded with the appointment of the new Board of Directors, which was reduced from five to three members and is composed as follows: Antonino Turicchi as Chairman, Valeria Vaccaro and Francesco Spada as Advisors. The Board of Statutory Auditors reconfirmed Marina Scandurra as President, Paolo Maria Ciabattoni and Giovanni Naccarato as Statutory Auditors. The decision to appoint a Board of [...]

Source: WestJet The WestJet Group brings unmatched service to the sun operating 230 direct routes from Canada to the southern U.S., Mexico, the Caribbean and Central America this winter Transitioning key routes to year-round service, WestJet provides consistent connectivity to guest's most–loved international destinations and vital domestic connections Airline brings growth strategy to life providing new year-round domestic connectivity to key markets in Atlantic Canada WestJet today announced its winter schedule, unveiling significant opportunities for Canadians to plan their winter escapes, while extending key domestic and international routes from summer to year-round service. "This year's winter schedule is about providing Canadians with what they want: affordable sun destination getaways from across Canada; enhanced domestic connectivity from coast-to-coast; and the assurance [...]

Source: Virgin Atlantic Virgin Atlantic and Rolls-Royce today confirm the successful Sustainable Aviation Fuel (SAF) blend ground test on the Rolls-Royce Trent 1000 engine. The test marks a key milestone in the project which will see the world’s first 100% SAF flight travel across the Atlantic from London Heathrow to New York JFK on a Boeing 787 Dreamliner, set to take off on 28 November 2023. In addition to the test, fuel suppliers Air bp and Virent have been announced to supply the 60 tonnes of SAF to be used in the world first, supporting consortium research, testing and the flight itself. The SAF will be produced through the Hydroprocessed Esters and Fatty Acids (HEFA) pathway as well as synthetic [...]

Source: Air France Air France announced it has signed a partnership agreement with the Olympic and Paralympic Games Paris 2024 Organising Committee (OCOG). The air carrier is now the official partner of the 33rd Olympics of the modern era, as it pledges to continue to back this global event it has been supporting since becoming the official partner of the Paris 2024 bid in 2016. “We are proud to extend our partnership with the Olympic and Paralympic Games Paris 2024. After the thrill of Paris being awarded the Games, we can’t wait to contribute to making this global event a success. The Olympic and Paralympic Games Paris 2024 speak to our goals and values at Air France. Come summer 2024, we [...]

Source: United Airlines In addition to YOY EPS and pre-tax margin improvement, achieved highest quarterly adjusted EPS1 and second-quarter adjusted pre-tax margin1 in company history Expects full-year 2023 adjusted EPS2 to now be $11-$12 Strengthened balance sheet -- ahead of pace to reach FY23 leverage target Record-setting 2Q performance is clear evidence of 'United Next' success United Airlines (UAL) today reported second-quarter 2023 financial results. The company reported quarterly earnings per share of $3.24 and pre-tax margin of 9.8%. The company set records on an adjusted basis1 with earnings per share of $5.03 and pre-tax margin of 15.3%. The strong financial performance has accelerated the company's efforts to restore its balance sheet, resulting in trailing twelve months adjusted net debt1 to [...]