//AIRLINES

Aviation industry reinvents itself and generates new businesses

Source: ALTA At the 18th edition of ALTA's Annual General Meeting and Leaders Forum, the CEOs of Iberia, GOL, and Azul, highlighted the growth of passenger demand in the region in this new stage after COVID and the strength demonstrated by the management teams of Latin American airlines, despite the lack of government subsidies The recovery of passenger demand in Latin America, the consolidation of some airlines in the United States and Europe, as well as challenges that need to be overcome in the post-pandemic era, were topics addressed by the panel "Aviation growth in the face of new challenges," within the framework of the 18th edition of ALTA's Annual General Meeting and Leaders Forum, held in Buenos Aires, Argentina. [...]

2022-10-20T09:13:03+03:00October 19th, 2022|AIRLINES, News, ORGANISATIONS|

United Airlines Third Quarter Financial Results Solidly Beat Expectations; Expects Q4 Adjusted Operating Margin to Exceed 2019

Source: United Airlines Company's September TRASM was third best of any month in company history CASM-ex1 for the quarter was 1.5 points better than expected Q4 optimism powered by strong revenue and improving cost trends Best on-time arrival rate and lowest rate of misconnections for any Q3 in history (outside 2020) United Airlines (UAL) today reported third quarter 2022 financial results, beating expectations on top-line operating revenue, unit costs and adjusted operating margin¹. As a result, the company achieved operating revenue growth of 13.2% versus third quarter 2019, with a 25.5% TRASM improvement in the quarter versus 2019, while CASM-ex1 (cost per available seat mile) came in better than expected, resulting in 11.3% operating margin; 11.5% operating margin on an adjusted [...]

2022-10-19T05:37:23+03:00October 19th, 2022|AIRLINES, News|

WestJet and Pacific Coastal Airlines Launch Interline Cooperation

Source: WestJet Today, WestJet and Pacific Coastal Airlines launched a reciprocal interline relationship, the first interline collaboration for Pacific Coastal Airlines. Guests can now purchase a single ticket from either airline for travel involving connecting flights between their networks.  Guests will enjoy the confidence of optimized connecting times and the convenience of checking in and receiving boarding passes for all flights at the first point of departure. "We are thrilled to become the first interline partner for Pacific Coastal and to add to our existing WestJet Link relationship," said John Weatherill, WestJet's Chief Commercial Officer. "This new interline complements our network growth in Western Canada and the strong schedule we're bringing to the communities we serve directly and through our partners like Pacific Coastal." [...]

2022-10-19T05:18:12+03:00October 19th, 2022|AIRLINES, News|

ALTA Leaders Forum 2022: Aviation essential to Latin American and Caribbean economy

Source: ALTA CEOs of Avianca, Copa Airlines, Aeromexico, and Aerolineas Argentina agree that operations have recovered quickly after the pandemic and that, despite facing new global economic challenges such as rising fuel prices, passenger demand continues to grow Airlines operating in Latin America are on the road to fully recovering operations after the Covid-19 pandemic crisis. Despite facing new challenges such as rising fuel prices, inflation, devaluation of regional currencies, regulations in some countries, tax rates, and other factors, the CEOs of Avianca, Copa Airlines, Aerolíneas Argentinas, and Aeroméxico agree that the airline industry is key to the economic recovery and the promotion of tourism in their countries, so they are betting on continued growth. At The CEOs' Journey panel [...]

2022-10-19T19:57:19+03:00October 19th, 2022|AIRLINES, News, ORGANISATIONS|

Air Transat and Porter Airlines launch codeshare agreement

Source: Porter Airlines Air Transat and Porter Airlines, two of Canada's most prominent airlines, have launched a new bilateral codeshare. The agreement is now activated between Porter Airlines' domestic flights to and from Halifax (YHZ) and Toronto City (YTZ), and select Air Transat's flights to and from Montreal (YUL). "We are delighted that our codeshare agreement with Porter Airlines is taking off. Our respective networks are highly complementary, with Porter serving Toronto and Halifax, and Air Transat serving some 15 countries," said Michèle Barre, Air Transat's Vice President, Network, Revenue Management and Pricing. This will provide both our passengers with an expanded, yet seamless experience, and is perfectly in line with Air Transat’s strategy initiated earlier this year to develop [...]

2022-12-05T16:56:07+02:00October 18th, 2022|AIRLINES, News|

Argentina hosts Latin American and Caribbean aviation leaders at ALTA AGM & Airline Leaders Forum

Source: ALTA From October 16-18, 2022, the senior executives of the commercial aviation industry and government authorities will gather in Buenos Aires to conduct a cooperative international dialogue at the highest level, generating a collaborative agenda with concrete actions aimed at fostering even safer, more efficient and sustainable aviation in Latin America and the Caribbean. With more than 500 participants and 47 airline CEOs, a record for the event, the 18th edition of ALTA's Annual General Meeting and Leaders Forum began in Buenos Aires, bringing together industry leaders in the region with its 154 members, representing 80 percent of Latin American and Caribbean traffic. For three days, the Argentine capital is transformed into the capital of Latin American aviation, with [...]

2022-10-18T16:36:04+03:00October 18th, 2022|AIRLINES, News, ORGANISATIONS|

Avianca CEO Adrian Neuhauser is elected Chairman of ALTA’s Executive Committee

Source: ALTA The 18th ALTA AGM & Airline Leaders Forum, held in Buenos Aires, Argentina, hosted the Annual General Meeting of the Latin American and Caribbean Air Transport Association (ALTA). During the meeting, attended by the CEOs and senior representatives from the member airlines of the organization, Adrian Neuhauser, CEO of Avianca, was elected as the new President of the Executive Committee, a position he assumed immediately for a period of one year, as established in the statutes. The 18th ALTA AGM & Airline Leaders Forum, held in Buenos Aires, Argentina, hosted the Annual General Meeting of the Latin American and Caribbean Air Transport Association (ALTA). During the meeting, attended by the CEOs and senior representatives from the member airlines [...]

2022-10-18T00:41:07+03:00October 17th, 2022|AIRLINES, News, ORGANISATIONS|

Virgin Atlantic takes delivery of its first A330neo

Source: Airbus Virgin Atlantic has taken delivery of its first Airbus A330neo aircraft leased from Air Lease Corporation. The A330neo will play a crucial role in the company’s fleet transformation and also marks the 50th Airbus aircraft for the UK-based airline. Virgin Atlantic will become the first operator of the type in the UK, and has ordered 13 A330neo aircraft (six on lease from ALC) with an intention to expand the fleet to 16 eventually. The A330 Family is the most popular widebody aircraft ever in terms of customers and routes, while the A330neo’s flexibility in the mid-to-long-range market is unrivalled. The A330neo, powered by Rolls-Royce Trent 7000 engines, brings double-digit lower operating costs per seat and has 25 percent [...]

2022-10-19T06:33:01+03:00October 17th, 2022|AIRLINES, MANUFACTURERS, News|

Emirates joins ALTA as associate member to enhance travel options in Latin America

Source: ALTA The Latin American and Caribbean Air Transport Association (ALTA) is pleased to welcome Emirates as a new associate member. Emirates’ entry into the association was announced ahead of the ALTA AGM & Airline Leaders Forum, to be held in Buenos Aires. The Latin American and Caribbean Air Transport Association (ALTA) is pleased to welcome Emirates as a new associate member. Emirates’ entry into the association was announced ahead of the ALTA AGM & Airline Leaders Forum, to be held in Buenos Aires. The world’s largest international airline, founded in 1985, currently provides services to two points in South America including Sao Paolo and Mexico City, and will resume services to Buenos Aires and Rio de Janeiro in November. Emirates also [...]

2022-10-17T22:27:56+03:00October 17th, 2022|AIRLINES, News, ORGANISATIONS|

British Airways Dreamflight flies nearly 200 children on magical trip to Orlando

Source: British Airways More than 190 deserving children set off on a holiday of a lifetime yesterday, courtesy of British Airways and UK-based charity Dreamflight. It’s the 34th year that the two organisations have come together to run the incredible trip to Orlando, Florida. Dreamflight supports young children across the UK aged between 8 and 14, all of whom either have a serious illness or disability.  Each year the charity works with British Airways to take the children on a truly memorable holiday. Due to the pandemic, Dreamflight hasn’t been able to take off for the last two years, making this year’s flight extra special. Many of the 192 children that flew to Florida have never experienced a holiday or [...]

2022-10-17T22:30:26+03:00October 17th, 2022|AIRLINES, News|