//AIRLINES

Virgin Galactic Completes First Private Astronaut Spaceflight ‘Galactic 02’

Source: Virgin Galactic Virgin Galactic Holdings, Inc. today announced the completion of its first private astronaut flight, ‘Galactic 02.’ The mission achieved multiple historic milestones, showcasing how Virgin Galactic spaceflights are broadening access to space for a diverse, global community of astronauts. Flying private astronauts Jon Goodwin from the United Kingdom, and Keisha Schahaff and Anastatia Mayers from Antigua and Barbuda, ‘Galactic 02’ achieved the following: First female astronauts from the Caribbean First mother-daughter duo to go to space Most women flown in a single space mission Youngest person to go to space First Olympian to go to space First majority female spaceflight The sixth and seventh Black women to go to space Second person with Parkinson’s to go to space [...]

2023-08-11T17:50:19+03:00August 11th, 2023|AIRLINES, News|

Copa Holdings Reports Financial Results for the Second Quarter of 2023

Source: Copa Holdings Copa Holdings, S.A., announced financial results for the second quarter of 2023 (2Q23). 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 2022 (2Q22). Operating and Financial Highlights Copa Holdings reported a net profit of US$17.5 million for 2Q23 or US$0.44 per share. Excluding special items comprised of the unrealized mark-to-market net loss of US$137.0 million related to the Company's convertible notes, as well as changes in the [...]

2023-08-11T20:52:47+03:00August 11th, 2023|AIRLINES, News|

Turkish Airlines finished the second quarter of the year with 635 million USD Net Profit with strong recovery on international demand

Source: Turkish Airlines Turkish Airlines finished the second quarter of 2023 with 635 million USD net profit by responding strong international demand with 28% higher passenger capacity than the 2019 level. Through its 90 years of experience and successful crisis management, Turkish Airlines once again showed its ability to overcome the negative circumstances surrounding our industry since 2020. In the second quarter, our Incorporation’s total revenue reached to 5.1 billion USD increasing by 13.5% compared to the same period last year. Due to decelerating global trade and earthquake impact, our cargo revenues decreased by 44% year-over-year to 600 million USD, %53 higher than the 2019 level. While global international airline capacity in the second quarter of 2023 was 12% below [...]

2023-08-10T01:41:39+03:00August 10th, 2023|AIRLINES, News|

Turkish Airlines carried 8.6 million passengers with an increase of 9% in July 2023

Source: Turkish Airlines Turkish Airlines announced passenger and cargo traffic results for July with an increase in passenger capacity by 6.7% compared to that of 2022, and total load factor of 85.8% while carrying 8.6 million passengers. According to July 2023 Traffic Results; The number of carried passengers increased by 9% compared to the same period of 2022 and reached 8.6 million. International load factor was 84.8% while domestic load factor was 94.2%. Number of international to international passengers carried increased by 11.6% from 2.4 million in 2022 to 2.7 million in this period. Available seat kilometers (ASK), increased by 6.7% to 21.9 billion during the period of July 2023 from 20.5 billion for the same period of 2022. Cargo/Mail [...]

2023-08-10T05:16:32+03:00August 10th, 2023|AIRLINES, News|

WestJet reports August long weekend operational success

Source: WestJet Airline flew more than a quarter of a million guests across network from August 4 – 7, 2023 Canada's 2023 summer travel season continues to see demand in excess of pre-pandemic levels and the August Long Weekend was no exception. Flying more than a quarter of a million guests, WestJet reported a strong operational performance throughout one of Canada's busiest travel weekends. Reporting a completion factor of 98.3 per cent and an on-time performance of 66.2 per cent of all flights throughout the August long weekend, the airline continues to demonstrate continued operational improvements to support the travel plans of its guests. "As we pass the halfway mark of summer, we are seeing our commitment to operational excellence [...]

2023-08-10T05:22:41+03:00August 10th, 2023|AIRLINES, News|

American Airlines participates in first-of-its-kind research on contrail avoidance

Source: American Airlines American Airlines announced today the findings of a first-of-its-kind study on contrail avoidance, with results verified by satellite imagery, aimed at reducing aviation’s environmental impact. Contrails form when airplanes fly through layers of humidity, and they can persist as cirrus clouds for minutes or hours depending on the conditions. While these extra clouds can reflect sunlight back into space during the day, certain contrails can trap heat within the Earth’s atmosphere at night. The study, led by Google Research and Breakthrough Energy and with support from American, tested whether it is possible to identify atmospheric zones that are likely to create contrails. The team then determined whether pilots could avoid making contrails in flight when supplied with [...]

2023-08-09T17:53:02+03:00August 9th, 2023|AIRLINES, News|

Viva Aerobus Traffic Report July 2023: Passengers increased 22.6%, reaching an 90.5% Load Factor

Source: Viva Aerobus Viva Aerobus announced its July 2023 preliminary traffic results. Viva Aerobus’ passenger traffic increased 22.6% compared to July 2022, reaching 2.4 million passengers, driven by an increase of 23.1% and 18.7% in domestic and international traffic, respectively. Load factors reached 90.5% compared to 89.5% in 2022, with a load factor mix of 91.4% and 86.1% in domestic and international, respectively. Viva Aerobus grew its total capacity in available seat miles (ASMs) by 17.5% compared to July 2022, reflecting an increase of 18.1% and 14.8% in domestic and international, respectively. “July traffic reflects the strength of the summer season in our markets, in line with the solid demand we have seen throughout 2023. We delivered our highest monthly [...]

2023-08-09T17:33:16+03:00August 9th, 2023|AIRLINES, News|

Caribbean Airlines expands connectivity with increased capacity to St. Maarten

Source: Caribbean Airlines    Caribbean Airlines, the leading airline connecting the Caribbean, announces the expansion of its services between Trinidad and St. Maarten. This is in keeping with one of the core elements of the company’s Welcome Home campaign, to improve connectivity and foster closer links within the region. Starting from August 21, the airline will increase capacity with an additional service every Friday, providing travellers with more opportunities to experience the beautiful island of St. Maarten and its unique blend of French and Dutch culture.  As the airline with the largest network in the Caribbean, Caribbean Airlines is dedicated to expanding its reach and reinforcing its commitment to making the Caribbean feel like home. Flight Number Frequency Routing Departure [...]

2023-08-10T02:12:26+03:00August 9th, 2023|AIRLINES, News|

Shaping the future of the Lufthansa Group as a Green Mobility Trainee

Source: Lufthansa Developing solutions for a more sustainable aviation and thus actively shaping the future of the Group: The Lufthansa Group offers this and much more with the "Green Mobility Trainee" program. From now until September 2, interested Master's degree graduates who have already dealt with the topic of sustainability during their studies or internships can apply via the homepage www.greenmobilitytrainee.de. The trainee program begins on February 1, 2024, and runs for 18 months. With this program, the Lufthansa Group underscores its commitment to a future-oriented and more sustainable aviation industry. The trainees will each work on three sustainability projects in different companies of the Lufthansa Group. A broad and diverse spectrum enables the trainees to gain an understanding of the [...]

2023-08-09T20:40:58+03:00August 9th, 2023|AIRLINES, News|

WestJet celebrates addition of flights to Mexico from Vancouver

Source: WestJet Airline brings more sun and leisure connections to B.C.'s Lower Mainland WestJet today celebrated an expansion to its winter schedule serving British Columbia's Lower Mainland, further enhancing its sun and leisure connectivity from VancouverInternational Airport to some of Mexico's most popular destinations. Additionally, as part of its connectivity to Mexico, WestJet has added weekly non-stop service between Vancouver and Ixtapa. "We are thrilled to bring more opportunity for our guests across B.C.'s Lower Mainland to seamlessly connect to their favourite destinations across Mexico this winter," said Chris Avery, WestJet Vice-President, Network Planning, Alliances and Commercial Development. "In alignment with our strategy, we are proud to add Vancouver to the list of Canadian communities through which we are creating [...]

2023-08-09T17:55:08+03:00August 8th, 2023|AIRLINES, News|