//AIRLINES

Copa Holdings Reports Financial Results for the Second Quarter of 2022

Source: Copa Holdings Copa Holdings, S.A. , today announced financial results for the second quarter of 2022 (2Q22). The terms "Copa Holdings" and the "Company" refer to the consolidated entity. The following financial information, unless otherwise indicated, is presented in accordance with International Financial Reporting Standards (IFRS). See the accompanying reconciliation of non-IFRS financial information to IFRS financial information included in the financial tables section of this earnings release. Unless otherwise stated, all comparisons with prior periods refer to the second quarter of 2019 (2Q19) (which the Company believes are more relevant than year-over-year comparisons due to the significant impacts in 2020 and 2021 of the COVID-19 pandemic). Operating and Financial Highlights Copa Holdings' adjusted net profit, excluding special items, for [...]

2022-08-05T16:30:17+03:00August 5th, 2022|AIRLINES, News|

GOL discloses preliminary traffic figures for July 2022

Source: GOL GOL Linhas Aéreas Inteligentes S.A., Brazil’s largest domestic airline, announces today preliminary air traffic figures for the month of July 2022, compared to the same period in 2021. Highlights: GOL’s total supply (ASK) increased 42.6%. Total seats increased 41.9% and the number of departures increased by 44.7%. GOL's total demand (RPK) increased by 36.3% and the load factor was 80.8%. GOL’s domestic supply (ASK) increased 31% and demand (RPK) increased by 24.1%. GOL’s domestic load factor was 80.1%. The volume of departures increased by 40.2% and seats increased by 37.5%. GOL’s international supply (ASK) was 309 million, the demand (RPK) was 275 million and international load factor was 88.9%.

2022-08-05T16:53:34+03:00August 5th, 2022|AIRLINES, News|

SWISS posts first-half operating profit of CHF 67 million

Fuente: SWISS SWISS returned to profit in the first six months of 2022 and posted an operating result of CHF 67.0 million for the period. The encouraging business developments that had been seen in the first few months of the year strengthened further in the second-quarter period. The Airline of Switzerland benefited in particular from sizeable booking demand and from the improved profitability provided by its completed restructuring activities. SWISS transported some 5.3 million passengers in the first six months of 2022, five times as many as it had carried in the prior-year period. The increase was reflected in first-half revenues, which totalled CHF 1.8 billion. Despite the likelihood of an economic slowdown, SWISS is also confident of returning to [...]

2022-08-05T17:10:22+03:00August 5th, 2022|AIRLINES, News|

Iberia and Viva Aerobus now offer connecting flights within Mexico

Source: Iberia Iberia and Viva Aerobus signed a codeshare agreement to provide even more convenient options to passengers traveling between Mexico and Spain, combining flights operated by both airlines. On the one hand, customers of the Spanish airline traveling on the Madrid-Mexico City route will be able to connect to the network of domestic destinations that Viva offers from Mexico City. On the other hand, passengers in Mexico who want to travel to Madrid and beyond through Iberia, will be able to connect with Iberia’s Mexico City - Madrid service by travelling first with Viva on a connecting flight from any of the more than 25 destinations that the Mexican airline offers to Mexico City International Airport. Iberia currentlyoffers 19 flights [...]

2022-08-05T18:11:39+03:00August 4th, 2022|AIRLINES, News|

American Airlines Admirals Club Lounges Are About to Get Really Dreamy

Source: American Airlines Multiyear project kicks off at Ronald Reagan Washington National Airport Customers can access the Admirals Club lounge through their itinerary, select cobranded credit card, or their membership, which could be discounted depending on their AAdvantage® status American Airlines is taking the ability to relax and unwind during travel to the next level through the redesign of its Admirals Club lounges across the United States. Customers will first experience the new look of the design at Ronald Reagan Washington National Airport (DCA) this fall. The club’s opening will signal the start of a reimagined premium Admirals Club design for the largest airline in the world. “The new Admirals Club interior design is inspired by our customers, who tell [...]

2022-08-04T17:35:44+03:00August 4th, 2022|AIRLINES, News|

Another favourable quarter for the KLM Group in Q2 2022

Sources: KLM and ALA News In the first six months of 2022, the airline recorded positive operating results of €266 million on revenues amounting to €4.685 billion The earnings coincide with the end of Pieter Elbers' succesful performance as former CEO and President of KLM. The top executive left both positions on June 30, 2022 after 8 years at the helm   KLM Royal Dutch Airlines posted positive operating results for the fourth time in a row in the second quarter of 2022. Profits came to €262 million, compared to a €185 million loss in the same quarter last year. In the first six months of 2022, the airline recorded positive operating results of €266 million on revenues amounting to €4.685 [...]

2022-08-04T01:37:53+03:00August 4th, 2022|AIRLINES, News|

SeaWorld and DHL Express partner to move rehabilitated manatee from Texas to Florida for return

Source: DHL Rescued by the Texas Marine Mammal Stranding Network, SeaWorld San Antonio, U.S. Fish and Wildlife Service, Texas State Aquarium, Texas Parks and Wildlife Department, Galveston Bay Foundation and Texas Authorities, the manatee completes eight months of rehabilitation at SeaWorld San Antonio and is returned to Florida waters by members of the Manatee Rescue & Rehabilitation Partnership SeaWorld partner DHL Express provides air transportation for the manatee from Texas to Florida in a custom, state-of-the-art container built specifically for manatees This is the third manatee SeaWorld San Antonio has rehabilitated for cold stress, due to the uncommon presence of manatees in Texas SeaWorld and DHL Express today announced that they have joined forces to transport a manatee from Texas [...]

2022-08-03T17:16:16+03:00August 3rd, 2022|AIRLINES, News|

American Airlines Announces Investment in Hydrogen-Electric Engine Developer ZeroAvia

Source: American Airlines American Airlines today announced its investment in ZeroAvia, a leader in hydrogen-electric, zero-emission aviation. In addition to the investment, a memorandum of understanding provides American the opportunity to order up to 100 engines from ZeroAvia’s hydrogen-electric powertrain development program. The engines are intended to power regional jet aircraft with zero emissions. “Our investment in ZeroAvia’s emerging hydrogen-electric engine technology has the potential to play a key role in the future of sustainable aviation,” said Derek Kerr, American’s Chief Financial Officer. “We are excited to contribute to this industry development and look forward to exploring how these engines can support the future of our airline as we build American Airlines to thrive forever.” ZeroAvia is working to achieve certain [...]

2022-08-03T17:15:34+03:00August 3rd, 2022|AIRLINES, News|

Statement From Jason Berry, Vice President, Cargo, at Air Canada, on Second Quarter Results

Source: Air Canada Air Canada reported its second quarter 2022 financial results this morning. The details are here. Jason Berry, Vice President, Cargo, at Air Canada also provided the following statement: “It has been another exciting quarter for Air Canada Cargo as we continue to strategically build our business and invest in our future. The ongoing growth and support from the forwarding community across our global network has been a key to fueling our future. Our careful and targeted investments in our freighter fleet and our self-handled cargo-only ground operations in our major hubs throughout Canada and internationally together with staying laser focused on our quality of service to the vast forwarding community we serve, are key strategies as we continue [...]

2022-08-03T16:03:21+03:00August 3rd, 2022|AIRLINES, News|

Lufthansa and Shell form future-oriented cooperation on sustainable aviation fuels

 Source: Lufthansa Memorandum of Understanding to supply Sustainable Aviation Fuel (SAF) in a volume of up to 1.8 million metric tons for the years 2024-2030  SAF technology leading the way for decarbonization of aviation Shell International Petroleum Co Ltd and the Lufthansa Group have signed a Memorandum of Understanding (MoU) for exploring the supply of SAF at airports across the globe. The parties intend to agree on a contract for a total supply volume of up to 1.8 million metric tons of SAF starting in 2024, over a term of seven years.  Such an agreement would be one of the most significant commercial SAF cooperation in the aviation sector, as well as the largest SAF commitment of both companies to [...]

2022-08-03T17:19:25+03:00August 3rd, 2022|AIRLINES, News|