Source: Azul Azul S.A., “Azul”, the largest airline in Brazil by number of flights and cities served, announced its expected results in terms of capacity, EBITDA and leverage for 2023 and 2024. Based on the best information available, we share below our expected results: 1) Azul expects to increase capacity by approximately 14% in the full year 2023 compared to 2022. We continue to see a robust demand environment, and as a result we expect to grow total capacity by approximately 14% in 2023 compared to 2022, with growth rates higher than that figure in international markets and lower in domestic. 2) We estimate 2023 EBITDA around R$5.5 billion. Given our expectations of capacity growth, unit revenue increase, higher productivity [...]

Source: Air Canada Carriers to codeshare on nine markets and interline on more than 60 others beyond Dubai Air Canada and flydubai today announced a new partnership to give customers flying between Canada, the Middle East, East Africa, Indian Subcontinent and Southern Asia more convenient travel options. Pending final regulatory approval, Air Canada's marketing code will be placed on nine routes operated from Dubai by flydubai, giving customers the ability to travel to these markets with the issuance of a single ticket. The routes include the Middle Eastern cities of Medina, Dammam, Bahrain, Jeddah, and Muscat, as well as flights to Colombo, and Karachi on the Indian Subcontinent. Additionally, through an interline arrangement, customers will be able to seamlessly connect in Dubai to more than 60 destinations that flydubai flies to [...]

Source: Canada Jetlines Canada Jetlines Operations Ltd. (“ Canada Jetlines ” or the “ Company ”) today reported first quarter 2023 interim financial results. All financial figures are in Canadian dollars and in accordance with IFRS as presented in the annual consolidated financial statements. First Quarter 2023 Interim Financial Results Total operating revenues for the first quarter 2023 were $5.1 million as compared to $3.2 million in the quarter ended December 31, 2022 (the “ Prior Quarter ”), an increase of 59%. The Company continues to increase the operations of charters and ACMI (Aircraft, Crew, Maintenance, and Insurance) flights generating revenues of $3.38 million this quarter as compared to $2.4 million in the Prior Quarter, representing an increase of 57%. Total operating expenses for the first [...]

Fuente: LATAM Como una muestra de su compromiso con la conectividad interregional en el país, LATAM presentó su nueva ruta entre las ciudades de  Concepción (Región del Biobío) y Calama (Región de Antofagasta), que comenzará a operar el 2 de julio, y que permitirá a los pasajeros volar con más comodidad y sin escalas entre ambos lugares, reduciendo significativamente su tiempo de viaje. Si hoy el trayecto entre dichas ciudades demora casi 4 horas aproximadamente, gracias a esta ruta directa que evita la escala en Santiago, los pasajeros llegarán a destino en tan sólo 02:30 horas. “Esta ruta viene a satisfacer una importante demanda vinculada a actividades laborales como a un creciente número de pasajeros interesados por el turismo nacional. [...]

Source: American Airlines  Agreement includes plans for Terminal F, renovation of Terminal C and other major capital investments American Airlines and Dallas Fort Worth International Airport (DFW) have signed a new 10-year Use and Lease Agreement, which includes $4.8 billion in pre-approved capital investments, including the construction of Terminal F, the renovation of Terminal C, construction of gate expansions at Terminal A and Terminal C, and other significant modernization projects. Fort Worth Mayor Mattie Parker, Dallas Mayor Eric L. Johnson, American Airlines CEO Robert Isom and DFW Airport CEO Sean Donohue gathered at DFW today for a special event to announce the Use and Lease Agreement, marking a new era of growth and innovation for the world's second-busiest airport. American [...]

Source: Caribbean Airlines Caribbean Airlines, the leading carrier in the region, is pleased to announce the resumption of operations to Caracas, Venezuela from Saturday May 13; and the expansion of its route network to the Eastern Caribbean in the coming months. These are significant milestones for the airline and signal its intention to continue its growth trajectory. The flights between Trinidad and Caracas will initially operate every Saturday, with increased frequency expected later on. Returns from Caracas are the same day. Speaking at the re-launch event at the Piarco International Airport,  the airline’s CEO, Garvin Medera stated:  "We are excited to resume our operations to Caracas and expand our network to the Eastern Caribbean. Our passengers have been eagerly awaiting the [...]

Source: Porter Airlines Service provides one-stop connections to many existing Porter destinations in Eastern Canada and the U.S. through Ottawa Porter Airlines is adding the West Coast to its growing list of non-stop routes from the nation's capital with new service between Ottawa International Airport (YOW) and Vancouver International Airport (YVR). The addition of the Ottawa-Vancouver route provides another way to travel between Porter’s extensive regional Eastern Canada network and British Columbia. The new route begins on July 26, with one daily roundtrip flight operated with the state-of-the-art 132-seat Embraer E195-E2 aircraft. Route Depature Arrival YVR-YOW 7:45 a.m. 4:03 p.m. YOW-YVR 6:00 p.m. 7:37 p.m. All times are local The scheduled service will connect with Charlottetown, Halifax, Moncton, New York, [...]

Source: WestJet New transborder route to enhance business and leisure opportunities across Manitoba while bolstering province's economic prosperity WestJet celebrated the announcement of its nonstop transborder service between Winnipeg and Atlanta. The new route will commence on September 6, 2023, operating five times weekly, on a year-round basis. The new route which will unlock direct connectivity between Manitoba to the southeast United States and beyond while furthering the airline's commitment to boosting economic growth by significantly strengthening the province's air access. WestJet's latest addition to its Winnipeg service was celebrated today at a special event held at Price Industries, with notable guests and partners from across the province including the Honourable Heather Stefanson, Premier of Manitoba; Nick Hays, President and CEO, Winnipeg Airports Authority; Scott Gillingham, Mayor [...]

Source: Air Canada Record first quarter passenger revenues of $4.088 billion, more than double the first quarter of 2022, on a 53 per cent increase in operated capacity Record first quarter operating revenues of $4.887 billion, 90 per cent higher than first quarter 2022 and about 10 per cent higher than first quarter 2019 Operating loss of $17 million, improved from an operating loss of $550 million in the first quarter of 2022  Adjusted EBITDA* of $411 million with adjusted EBITDA margin* of 8.4 per cent Cash flows from operations of $1.437 billion Total liquidity of over $10.5 billion at March 31, 2023 Air Canada today reported its first quarter 2023 financial results.   "Air Canada's impressive first quarter performance reflects the strength of our brand, the very strong demand environment across all markets and the effective [...]