Source: GOL GOL Linhas Aéreas Inteligentes S.A. (B3: GOLL4, NYSE: GOL), today announces that GOL and its subsidiaries are voluntarily filing for Chapter 11 in the United States Bankruptcy Court for the Southern District of New York (the “U.S. Court”). Chapter 11 is a U.S. legal process that businesses use to raise capital, restructure their finances and strengthen their business operations for the long term, while continuing to operate as normal. GOL enters the U.S. legal process with a financing commitment for US$950 million in new debtor-in-possession(“DIP”) financing from members of the Ad Hoc Group of Abra Bondholders, as well as certain other Abrabondholders. The Company will seek access to this funding as part of its First Day hearing in [...]

Source: TAP The Portuguese airline received an ESG Risk Rating of 24.4 by Morningstar Sustainalytics. TAP Air Portugal received an ESG Risk Rating of 24.4 and was assessed by Morningstar Sustainalytics to be at medium risk of experiencing material financial impacts from ESG factors. In this assessment, TAP Air Portugal scored better than 92% of the airlines in this index on a global scale, coming in 2nd place out of the 14 European airlines evaluated, and in 6th place out of a total of 71 global airlines evaluated. The ESG Risk Rating is the result of a combination of the company’s ESG Risk Exposure and ESG Risk Management ratings. TAP Air Portugal overall risk exposure is medium and is similar [...]

Source: Emirates Emirates and Azul Linhas Aereas Brasileiras S.A (Azul) have taken their partnership to new heights with the launch of a reciprocal loyalty programme offering. Emirates Skywards and TudoAzul frequent flyer members can now earn and redeem Miles across a joint network of more than 290 destinations worldwide. The two carriers launched a codeshare partnership in 2021 to provide customers enhanced connectivity to/from eight cities in Brazil to Emirates’ global network via Sao Paulo. Dr. Nejib Ben Khedher, Divisional Senior Vice President Emirates Skywards, said: “We’re very pleased to be announcing a new partnership with Azul, the largest airline in Brazil. Skywards members can now rack up even more Miles while discovering hundreds of cities across Brazil and South America. Azul members [...]

Source: Frontier Airlines New Program Allows Travelers to "Get It All For Less!" Join Now, Through Jan. 16, for 500 FREE Miles Ultra-low fare carrier Frontier Airlines officially launched its reimagined, industry-leading FRONTIER Miles℠ loyalty program allowing consumers to 'Get It All For Less.' First announced in October 2023, the new program enables consumers to earn Travel Miles and Elite Status Points fast and get rewarded for each dollar spent on Frontier with the highest earn rate on total eligible purchases in the industry, at up to 20 miles or points per dollar spent for completed flights. "The wait is over! Now is the time for consumers to 'Get it All for Less' by earning free flights and obtaining valuable status [...]

Source: Canada Jetlines Canada Jetlines Operations Ltd., one of Canada’s leading leisure airlines, is proud to announce the addition of a new A320-214 aircraft to its fleet. This is in addition to the two aircraft that were announced on January 4, 2024. The Company has signed the lease agreement on Aircraft bearing MSN 5661. This marks a strategic move to enhance the airline’s operational capabilities and meet the growing demand for affordable air travel. The A320-214 aircraft, is expected to be in service by the end of Q1 of 2024. This aircraft will contribute to Canada Jetlines’ commitment to expand its fleet size in the coming year. This development aligns with the airlines’ mission to provide reliable and cost-effective travel options [...]