//AIRLINES

Frontier Airlines Announces Nonstop Services from Phoenix to Detroit and Cincinnati, Cleveland to Fort Lauderdale and Saint Louis to Tampa

Source: Frontier Airlines From PHX to DTW and CVG Ultra-low fare carrier Frontier Airlines (NASDAQ: ULCC) will launch new nonstop seasonal service from Phoenix Sky Harbor International Airport (PHX) to Detroit Metropolitan Wayne County Airport (DTW) and Cincinnati/Northern Kentucky International Airport (CVG) in November 2022. The new service comes on the heels of Frontier's recently announced addition of 10 new routes from PHX. With the expanded service, Frontier will serve a total of 23 destinations from Phoenix Sky Harbor. To celebrate, America's Greenest Airlines is offering fares as low as $89.*  "We're thrilled to grow yet again in Phoenix following the recent addition of 10 new Frontier routes last month," said Daniel Shurz, vice president of commercial, Frontier Airlines. "We now offer [...]

2022-09-09T18:59:33+03:00September 12th, 2022|AIRLINES, News|

Air Lease Corporation Announces Lease Placement of Four New Airbus A321XLR Aircraft with Canada’s Air Transat

Source: ALC The agreement also includes an option for one additional A321XLR aircraft to be delivered in 2027 Air Lease Corporation announced long-term lease placements for four new Airbus A321XLR aircraft with Air Transat (Canada).  Three new aircraft are confirmed to deliver to the airline starting at the end of 2025 through 2026 from ALC’s order book with Airbus. The agreement also includes an option for one additional A321XLR aircraft to be delivered in 2027. “ALC is pleased to announce this lease placement for four new A321XLRs with Air Transat and be the first to introduce the XLR to the Canadian airline,” said Steven Udvar-Házy, Executive Chairman of Air Lease Corporation.  “The A321XLR will bring new levels of comfort and [...]

2022-09-12T11:57:58+03:00September 12th, 2022|AIRLINES, News, OTHERS|

Turkish Airlines became the “world’s biggest network carrier” when it comes to available seat capacity on international flights

Source: Turkish Airlines The airline has a growing network of destinations throughout the Americas that currently includes Argentina, Brazil, Canada, Cuba, Mexico, Panama, the United States and Venezuela Turkish Airlines flew to new records during July and August as the flag carrier increased its seat capacity by 14 percent while the sector shrank globally Distinguishing itself from its competitors in the skies during pandemic, Turkish Airlines continues its rise with records after the most difficult times of aviation industry. According to monthly passenger traffic results, global carrier broke its pre-pandemic record on monthly passenger count by carrying 7.8 million passengers each during July and August of 2022. Turkish Airlines Chairman of the Board and the Executive Committee, Prof. Dr. Ahmet [...]

2022-09-12T17:57:48+03:00September 12th, 2022|AIRLINES, News|

Horizon Air names 39-year industry veteran as new Vice President of Inflight and Station Operations

Source: Alaska Airlines Horizon Air's board of directors has elected 39-year airline veteran Shelly Parker vice president of inflight and station operations at Horizon Air. In this role, Parker will oversee more than 2,000 Horizon flight attendants and airport agents, lead operational and financial performance for these groups, and manage the teams responsible for supporting these critical customer service positions for Horizon Air's stations and inflight teams. She'll work with leaders at both Horizon Air and Alaska Airlines to ensure guests receive a consistently safe and remarkable experience across both carriers. Since joining Alaska in 1983 as a reservation agent, Parker has served the airlines in a variety of roles, including four years as managing director of station operations at Horizon and [...]

2022-09-12T12:30:09+03:00September 12th, 2022|AIRLINES, News|

LATAM initiates final phase of reorganization process following registration of shares and convertible bonds with the CMF

Source: LATAM Airlines LATAM Group today began the final phase of its reorganization under Chapter 11 in the United States. By filing an essential fact with the Financial Market Commission (CMF) in Chile, the Group disclosed that it has registered   605,801,285,307 LATAM shares in the Securities Registry of the CMF, corresponding to the capital increase and the three classes of convertible bonds that were approved at the Extraordinary Shareholders' Meeting in July. “With the registration by the CMF of the instruments approved in the restructuring plan, we are now taking the final step in our Chapter 11 process, with a view to emerge no later thanNovember, well positioned for the future. We value the trust and continued support of [...]

2022-09-12T17:57:08+03:00September 12th, 2022|AIRLINES, News|

Air Canada Announces Repurchase of 4.000% Convertible Senior Notes due 2025

Source: Air Canada Air Canada today announced that it has agreed to repurchase US$174.3 million aggregate principal amount of its outstanding 4.000% Convertible Senior Notes due 2025 (the "Notes") for an aggregate cash repurchase price of approximately US$209 million (C$274 million), including accrued interest.  The repurchases are expected to close on or about September 13, 2022, subject to customary closing conditions. Following the closing of the repurchases and the cancellation of the repurchased Notes, US$573.2 million aggregate principal amount of Notes will remain outstanding. This press release does not constitute an offer to purchase or a solicitation of an offer to sell the Notes or any other securities. CAUTION REGARDING FORWARD-LOOKING INFORMATION This news release includes forward-looking statements within the [...]

2022-09-09T17:53:27+03:00September 9th, 2022|AIRLINES, News|

The Airbus A350 with blue livery dedicated to Enzo Ferrari will fly over the Italian Grand Prix with the Frecce Tricolore

Source: ITA Airways ITA Airways' new blue livery Airbus A350 dedicated to the legendary Enzo Ferrari will make its first flight in Monza at the Italian Grand Prix on September 11, when it will be the forerunner to the Frecce Tricolore at the start of the race, during the national hymn. This is the first time ever that - "the Drake" - the legendary founder of the most successful team in Formula 1, boasting 31 world titles (16 Constructors, 15 Drivers) and the man who changed the history of motor racing across the world, has an airplane named after him. Only ITA could do it. And it is also the first time that the national Flagship carrier is present at the Italian Grand Prix, as well [...]

2022-09-09T17:56:53+03:00September 9th, 2022|AIRLINES, News|

Southwest Airlines And Aircraft Mechanics Fraternal Association Reach Tentative Agreement For Aircraft Appearance Technicians

Source: Southwest Airlines Southwest Airlines Co. (NYSE: LUV) and the Aircraft Mechanics Fraternal Association (AMFA), the union that represents Southwest Airlines® Aircraft Appearance Technicians, today announced they have reached a Tentative Agreement. "Our Appearance Technicians contribute to Southwest's success every day, and I am proud of both Negotiating Committees for reaching an agreement that rewards our Employees for their continued hard work," said Adam Carlisle, Vice President Labor Relations at Southwest Airlines. Southwest's nearly 170 Appearance Technicians help deliver safe, secure, clean, and reliable aircraft for Southwest's Customers and Employees. AMFA will communicate to its members the details of the Tentative Agreement and the ratification process.

2022-09-09T17:58:32+03:00September 9th, 2022|AIRLINES, News|

United Invests Another $15 Million in Electric Flying Taxi Market with Eve

Source: United Airlines Airline signs purchase agreement for up to 400 eVTOL aircraft from Eve aiming to revolutionize commuter experience in cities around the world  United today announced a $15 million investment in Eve Air Mobility and a conditional purchase agreement for 200 four-seat electric aircraft plus 200 options, expecting the first deliveries as early as 2026. This marks another significant investment from United in flying taxis – or eVTOLs (electric vertical take-off and landing vehicle) – that have the potential to revolutionize the commuter experience in cities around the world. Under the terms of the agreement, the companies intend to work on future projects, including studies on the development, use and application of Eve's aircraft and the urban air [...]

2022-09-08T17:38:18+03:00September 8th, 2022|AIRLINES, News|

Air Canada Marks its 85th Anniversary, Donates CF-TCC, Historic Aircraft From its Original Fleet to Winnipeg’s Royal Aviation Museum of Western Canada

Source: Air Canada The Lockheed L‐10A Electra arrives to permanent home for the public to enjoy Editor's Note: A video celebrating CF-TCC's arrival at the Royal Aviation Museum of Western Canada can be found here. MONTREAL, Sept. 7, 2022 /CNW Telbec/ - In celebration of its 85th anniversary, Air Canada today donated its historic aircraft, an original Lockheed L-10A Electra airplane to Winnipeg's Royal Aviation Museum of Western Canada. The iconic aircraft, the first fleet type flown by the carrier, made its final journey as it taxied from the Air Canada hangar at Winnipeg International Airport to the Museum at a handover ceremony. The airplane will go on permanent public display as an iconic piece of aviation history.   The aircraft, with registration CF-TCC, was one of three purchased by [...]

2022-09-08T14:48:28+03:00September 8th, 2022|AIRLINES, News|