Source: Avelo Airlines Second-round capital infusion increases airline’s invested capital base to over $160 million Avelo Airlines, which became America’s newest mainline airline in nearly 15 years when it took flight last April, today announced it raised $42 million in Series B funding. This second-round offering increases Avelo’s invested capital base to over $160 million. Avelo raised approximately $125 million in January 2020. The Series B shares sold at a significant premium to the original Series A shares. “The incremental capital we’ve raised is a significant vote of confidence in Avelo’s initial momentum and the enormous opportunity ahead of us,” said Avelo Founder, Chairman and CEO Andrew Levy. “This additional capital significantly bolsters our already strong balance sheet and enables [...]

Source: Southwest Airlines Carrier offers fares starting as low as $39 one-way for travel through May 18, 2022, includes prime spring break travel dates Southwest Airlines Co. launched a sale with fares as low as $39 one-way. Customers can jump start the New Year and book their spring travel getaway through Jan. 6, 2022, for travel taking place Jan. 18, 2022, through May 18, 2022. Visit Southwest.com to view fares as well as terms and conditions. "We’re kicking off the New Year with a huge sale for spring travel, making it easier than ever to meet your travel goals for 2022," said Bill Tierney, Southwest Airlines Vice President of Marketing. "Southwest® offers all Customers low fares, legendary Hospitality, and flexible policies, including no cancellation [...]

Source: TAP Company has "always sought the best aircraft" AirlineRatings assesses over 400 companies and highlights TAP's "excellent safety records TAP's COVID protocols are "industry leaders”. TAP is in the TOP 10 of the safest airlines in the world, being the first in Europe and ranking 5th worldwide. This was the classification given for 2022 by the website AirlineRatings, in January, which assesses airlines around the world, taking into account criteria such as: airline’s crash over 5 years; serious incident record over two years; audits from aviation’s governing and industry bodies; government audits; industry-leading safety initiatives; fleet age and COVID-19 safety protocols. TAP’s CEO, Christine Ourmières-Widener states that “this honours us very much. We will continue to relentlessly position safety [...]

Source: Virgin Atlantic Virgin Atlantic customers can grab a great deal with flights to the USA starting at just £325pp and the Caribbean from £322pp Major savings are also available with Virgin Atlantic Holidays Flight + Hotel bookings with up to 16% off package holidays to incredible destinations including The Bahamas, Las Vegas and New York To support customers’ travel plans, Virgin Atlantic’s flexible booking policy has been enhanced for all new flight and holiday bookings, enabling free unlimited date changes and an extended rebooking horizon until 31 December 2023 Looking to beat the January blues? Look no further than the Virgin Atlantic and Virgin Atlantic Holidays Winter Sale. Virgin Atlantic and Virgin Atlantic Holidays are offering exceptional deals this [...]

Source: Boeing Global cargo carrier's first direct purchase of 777 Freighter will grow its fleet to 18 777s Adding capacity to meet growing e-commerce and express cargo demand Order caps record year for Boeing freighters Boeing and Atlas Air Worldwide today announced an order for four 777 Freighters. The order, placed in December, rounds out a record-setting 2021 for Boeing's freighter family including new-production and converted models. Boeing has forecast that the global freighter fleet will grow by 70% in the next 20 years, with freight carriers such as Atlas Air supporting a rapidly expanding global e-commerce business and evolving supply chains. "We are excited to expand our fleet and service offerings for our existing and prospective customers with these [...]

Source: Delta Air Lines The updated guidance allows more flexibility for Delta to schedule crews and employees to support a busy holiday travel season and a sustained return to travel by customers. Delta is working to implement new COVID-19 isolation guidance issued by the U.S. Centers for Disease Control and Prevention on Monday. Those recommendations shorten the recommended time for isolation from 10 days for people with COVID-19 to five days, if asymptomatic, followed by five days of wearing a mask when around others. The updated guidance allows more flexibility for Delta to schedule crews and employees to support a busy holiday travel season and a sustained return to travel by customers. Customers who are traveling must also meet the CDC’s new [...]

Source: Southwest Carrier offers fares starting as low as $39 one-way for travel through May 18, 2022, includes prime spring break travel dates  Southwest Airlines Co. today launched a sale with fares as low as $39 one-way. Customers can jump start the New Year and book their spring travel getaway through Jan. 6, 2022, for travel taking place Jan. 18, 2022, through May 18, 2022. Visit Southwest.com to view fares as well as terms and conditions. "We’re kicking off the New Year with a huge sale for spring travel, making it easier than ever to meet your travel goals for 2022," said Bill Tierney, Southwest Airlines Vice President of Marketing. "Southwest® offers all Customers low fares, legendary Hospitality, and flexible policies, including no cancellation [...]

Source: Boeing Growing U.S. carrier places first direct Boeing order for 50 737 jets, with 50 options Order of smallest model 737-7 and high-capacity 737-8-200 expected to reduce carrier's fuel use by 20% Boeing and Allegiant Air today announced an order for 50 737 MAX jets, with options for 50 additional airplanes. In Boeing's first U.S. ultra-low cost carrier (ULCC) deal, Allegiant selected two models – the 737-7 and 737-8-200 – in the 737 MAX family, which provide the lowest seat-mile costs for a single-aisle airplane and high-dispatch reliability. "Our approach to fleet has always been opportunistic, and this exciting transaction with Boeing is no exception," said Maurice J. Gallagher, Jr., Allegiant chairman and CEO. "While the heart of our [...]