Source: Caribbean Airlines Caribbean Airlines along with several key travel and tourism stakeholders met on April 5, in Suriname for the relaunch of commercial operations between Trinidad and Paramaribo, Suriname. The first scheduled flight BW 883 was an early morning arrival on April 05 at Johan Adolf Pengel International airport from the Piarco International Airport. The service was one of three weekly flights between the two destinations. The schedule is designed to enable convenient connections between Suriname and destinations in the region and other points in Caribbean Airlines network. At a launch event held in Paramaribo, Caribbean Airlines reaffirmed its commitment to provide the people of Suriname with efficient and reliable airlift, along with an improved travel experience, in keeping with [...]

Source: TAP TAP Air Portugal 2021 accumulated results. Net loss of EUR 1.6 billion in 2021, better than forecasted in the Plan (EUR 1.75 billion), including the recognition of non-recurring costs of EUR 1 billion. Decision to close TAP ME Brasil at the end of 2021. TAP ME Brasil is accountable for most of the non-recurring costs. Significant recovery of recurrent EBITDA in the second half of 2021, offsetting the operating losses recorded during the first half, allowing 2021 to close with a positive recurring EBITDA of EUR 11.7 million. In the last quarter, in the context of the Restructuring and reorganization plan of TAP SGPS, TAP SA recorded non-recurring costs of €1,024.9 million with an impact on results. The [...]

Source: Virgin Atlantic Virgin Atlantic Ltd (Virgin Atlantic) has released its annual financial results for the year ending 31 December 2021. The results reflect an intensely challenging year for Virgin Atlantic in 2021 and the continuation of the immense challenges the airline industry faced due to the Covid-19 pandemic. Virgin Atlantic reported total revenue of £928 million, up £60m on 2020, yet down from £2.9 billion in 2019; an EBITDA loss of £166 million; and a loss of £594 million before tax and exceptional items. Virgin Atlantic ended the year with a robust cash position of £580 million, delivered by raising £670 million new capital, including £400 million shareholder investment completed in December 2021; maintaining £300 million annual cost savings; [...]

Source: Maersk A.P. Moller – Maersk (Maersk) announces Maersk Air Cargo as the company´s main air freight offering serving the logistics needs of its clients with integrated logistics. At the same time Maersk chooses Denmark’s second largest airport, Billund, as its air freight hub for Maersk Air Cargo with daily flights creating several jobs in the region. To this end Maersk Air Cargo also announces their intent to enter into an agreement with the Flight Personnel Union (FPU) which is a part of the Danish Confederation and Trade Unions (FH). "Air freight is a crucial enabler of flexibility and agility in global supply chains as it allows our customers to tackle time-critical supply chain challenges and provides transport mode options [...]

Source: Volaris Volaris*, announces a summons for the general ordinary annual shareholders' meeting to be held on April 26, 2022.   Under Mexican law Volaris needs to hold a general ordinary shareholders' meeting at least once a year in respect of general corporate matters. A courtesy English translation of this year's shareholders' meeting agenda is attached as exhibit. The information included in this report has not been audited and it does not provide information on the company's future performance. Volaris' future performance depends on many factors and it cannot be inferred that any period's performance or its comparison year over year will be an indicator of a similar performance in the future. CALL TO A GENERAL ORDINARY ANNUAL SHAREHOLDERS MEETING [...]

Source: Office of the Commissioner of Official Languages Raymond Théberge, Commissioner of Official Languages, made the following statement today (8 April 2022): As reported today, I have released a preliminary report as part of my investigation into whether Air Canada met its obligations under the Official Languages Act during the speech given by its president and CEO on November 3, 2021. The report, which has been shared with the complainants and Air Canada, sets out my preliminary conclusions. At this time, the investigation has established that the complaints we have received are founded, both with respect to communications and services (Part IV) and the advancement of English and French (Part VII). However, these conclusions are not final; the parties involved will have the opportunity to provide [...]

Source: WestJet Aircraft on lease from BBAM Limited Partnership (BBAM) WestJet Cargo, today welcomed the arrival of its first of four Boeing Converted Freighter (B737-800BCF) aircraft on lease from BBAM Limited Partnership (BBAM). WestJet Cargo is the first operator in Canada to operate the B737-800BCF which will be used for express cargo and e-commerce freight. "The delivery of our first freighter to our home base in Calgary, Alberta gives us great confidence in the growth and development of our commercial cargo service and I am eager to see our new dedicated commercial cargo service take flight as we begin providing competitive services to cargo customers across Canada," said Alexis von Hoensbroech, WestJet CEO. Prior to its delivery to WestJet Cargo [...]