Source: Porter Porter Aviation Holdings Inc.’s (Porter) wholly-owned subsidiary, Porter Aircraft Leasing Corp., has entered into sale and leaseback and pre-delivery payment (PDP) financing agreements for 12 Embraer E195-E2 aircraft. TrueNoord, and certain funds managed by affiliates of Apollo and serviced by Merx Aviation, are participating in separate transactions for six aircraft each. Porter has now secured lease agreements with five leasing companies for a total of 26 E195-E2s. These aircraft are part of Porter’s original order for 30 E195-E2s. “There is continuing strong interest in the E195-E2 from the leasing community, with TrueNoord and Merx/Apollo being the latest partners to join our strong lessor group,” said Jeffrey Brown, executive vice president and CFO, Porter. “We anticipate being able to [...]

Source: United United Airlines will continue its transatlantic leadership among U.S. carriers with the debut of the airline's 2023 summer schedule that includes adding new service to three cities –Malaga, Spain; Stockholm, Sweden; and Dubai, UAE– as well as six more flights to some of the most popular destinations in Europe, including Rome, Paris, Barcelona, London, Berlin, and Shannon. In total, United will fly to 37 cities in Europe, Africa, India and the Middle East next summer, more destinations than all other U.S. airlines combined. United saw historic levels of demand for travel to Europe in the summer peak, up 20% compared to 2019, and is focused on developing its network to serve continued demand strength. "Next summer United is offering the [...]

Source: Copa Holdings Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for September 2022: Operating Data September September % Change 2022 2019 Copa Holdings  (Consolidated)   ASM (mm) (1) 2,015.9 1,992.1 1.2 %   RPM (mm) (2) 1,751.2 1,691.5 3.5 %   Load Factor (3) 86.9 % 84.9 % 2.0p.p. 1.  Available seat miles - represents the aircraft seating capacity multiplied by the number of miles the seats are flown. 2.  Revenue passenger miles - represents the numbers of miles flown by revenue passengers 3.  Load factor - represents the percentage of aircraft seating capacity that is actually utilized Given the irregular nature of the Company's operations starting in March 2020 due to the Covid-19 pandemic, we are comparing this traffic report to 2019 statistics. Consolidated capacity [...]

Source: Air Canada Iconic Montreal organizations renew and advance partnership Air Canada Signature Club features an exclusive, well-appointed space to view games, with spacious lounge seating and a Chef-created menu Access to Air Canada Signature Club is offered to select Montreal Canadiens season ticket holders Air Canada and the Montreal Canadiens today inaugurated the Air Canada Signature Club, an ultra-premium lounge for select Montreal Canadiens season ticket holders at Montreal's home games that offers Quebec hockey fans the ultimate viewing experience of their favourite team. The Air Canada Signature Club offers the most spacious seating in the arena for 200 fans, who will enjoy premium, complimentary menu creations by celebrated Montreal Chef Jérôme Ferrer and wine selections by renowned Quebec sommelier Véronique [...]

Source: Delta Air Lines Delta Air Lines is once again deepening its commitment to transform the future of travel: the airline is embarking on a multi-year, multi-market commercial and operational partnership with Joby Aviation, Inc., to deliver transformational, sustainable home-to-airport transportation service to Delta customers, beginning in New York and Los Angeles. As part of the first-of-its-kind arrangement, the companies will work together to integrate a Joby-operated service into Delta’s customer-facing channels, providing customers who travel with Delta through New York and Los Angeles the opportunity to reserve a seat for seamless, zero-operating-emission, short-range journeys to and from city airports when booking Delta travel. Delta has made an upfront equity investment of $60 million in Joby, with the opportunity to [...]

Source: Sun Country Airlines Caribou Coffee is now available onboard any of Sun Country’s more than 98 routes across 78 airports in the United States, Canada, Mexico, Central America, and the Caribbean Starting this month, Sun Country Airlines passengers can now enjoy complimentary fresh brewed hot Caribou Coffee. Named the Official Coffee of Sun Country Airlines earlier this year, the airline has been serving the Minnesota-based coffee company's ready-to-drink Cold Brew Coffee since January. Sun Country worked closely with Caribou to ensure high flavor quality and consistency in the onboard experience for all guests and invested more than $250,000 in equipment upgrades onboard. “Developing a blend that satisfies the tastes of a broad group of travelers while also representing our [...]

Source: Frontier Airlines A321neo to Deliver Industry-Leading 120 Miles Per Gallon Per Seat Today, Frontier Airlines officially unveiled its first ultra-fuel-efficient Airbus A321neo aircraft at an event at Tampa International Airport (TPA). The 240-seat A321neo, powered by Pratt & Whitney's groundbreaking GTF engines, will be the most fuel-efficient commercial aircraft among any U.S. airline. Frontier's A321neo's will generate significantly lower carbon emissions and engine noise, furthering the efforts of America's Greenest Airline to reduce its environmental footprint. The aircraft is the first of 158 A321neo's to be delivered to the ultra-low-cost carrier by leading airplane manufacturer Airbus between now and 2029. Frontier currently has 226 aircraft in total on order which will nearly triple its fleet size by the end of [...]