//AIRLINES

Frontier Airlines Offers Unprecedented FRONTIER Miles Bonus Multipliers

Source: Frontier Airlines GoWild! Passholders and Frontier World Mastercard Holders Eligible for 30X Miles* | FRONTIER Miles and Discount Den Members Eligible for 20X Miles* Ultra-low fare carrier Frontier Airlines today launched a never-before-offered mileage multiplier promotion providing consumers with major bonus mile rewards on every dollar spent, including airfare and ancillary products like bags and seat selections (excludes taxes and fees). GoWild! All-You-Can-Fly Pass™ holders and Frontier Airlines World Mastercard® holders will receive 30X bonus miles for every dollar spent while members of the airline's Discount Den® or free-to-join FRONTIER Miles℠ club will enjoy 20X bonus miles on every dollar spent excluding taxes and fees. Beginning August 8, 2023, through September 5, 2023, bookings made directly with Frontier Airlines [...]

2023-08-08T21:07:54+03:00August 8th, 2023|AIRLINES, News|

Volaris Reports July 2023 Traffic Results: 10% YoY Demand Growth with an 88% Load Factor

Source: Volaris Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its July 2023 preliminary traffic results. In July 2023, Volaris’ capacity (measured in ASMs) increased by 5.9% year-over-year, while demand (measured in RPMs) increased by 9.8%; the result was a load factor increase of 3.1 pp YoY to 87.8%. Volaris transported 3.1 million passengers during the month, an 8.1% increase compared to July 2022. Demand in the Mexican domestic and international markets increased by 3.8% and 24.2%, respectively. Enrique Beltranena, Volaris’ President and CEO remarked: “July has proven to be a robust month for Volaris. The thoughtful adjustments made to [...]

2023-08-07T11:03:38+03:00August 7th, 2023|AIRLINES, News|

Southwest Airlines Extends Flight Schedule through April 8, 2024

Source: Southwest Airlines Southwest Airlines Co. is encouraging Customers to book spring break vacations beginning today with the extension of its flight schedule through April 8, 2024. To address seasonal travel patterns and demand, the airline brings more nonstop options for Southwest® Customers, including those traveling on peak days when new time-saving nonstop service complements a schedule of daily connecting or same-plane service. Spring to the Beach with New Flights  Southwest Airlines® continues responding to Customer demand by adding more international service and returning key seasonal routes. Baltimore to Beaches Beginning March 9, 2024, Baltimore’s largest airline offers new nonstop service on Saturdays between Baltimore/Washington and Belize*. The same day, Southwest resumes seasonal international service on Saturdays nonstop between: Baltimore and Grand Cayman Baltimore and Turks and [...]

2023-08-07T10:47:35+03:00August 7th, 2023|AIRLINES, News|

Avianca group announces second quarter 2023 financial results

Source: Avianca $271.3 million in EBITDAR with a 24.3% margin. Strengthened balance sheet achieves $1,013.2 million in total liquidity. Strong operational performance enabled robust financial results despite seasonally challenging quarter. Avianca Group International Limited affiliated passenger airlines (“AGIL” or “the Group”) today reported second quarter 2023 results. The Company reported $271.3 million in EBITDAR, outperforming Business Plan projections by $88.7 million. Strong passenger revenue performance during the quarter resulted in a $6.5 cent passenger revenue per available seat kilometer; a 27.4% increase relative to Business Plan projections. Passenger Cost per Available Seat Kilometer excluding fuel (Pax CASK ex-fuel) was 3.9 cents during the quarter; a 14.6% decrease year on year. Avianca generated $84.8 million in cash, reaching $1,013.2 million in [...]

2023-08-07T10:38:19+03:00August 7th, 2023|AIRLINES, News|

Delta adds 35K seats to largest-ever Latin American and Caribbean winter schedule

Source: Delta Air Lines This growth translates to a 30% increase in available seats compared to last year's winter season, with added frequencies to nine destinations in the region including Guatemala and Liberia, Costa Rica, in Central America, as well as San Juan, Puerto Rico. More than 1,000 weekly flights to the Latin and Caribbean region, including more from Atlanta, Minneapolis and Detroit than any other carrier Building on its largest-ever service to the Latin region this winter, Delta is enhancing flight frequencies from six of its U.S. hubs. This growth translates to a 30% increase in available seats compared to last year's winter season, with added frequencies to nine destinations in the region including Guatemala and Liberia, Costa Rica, [...]

2023-08-07T10:29:13+03:00August 7th, 2023|AIRLINES, News|

Sun Country Airlines Reports Second Quarter 2023 Results

Source: Sun Country Airlines Revenue of $261 million, highest second quarter on record(1) GAAP diluted EPS of $0.35 and operating income of $36 million Adj. diluted EPS(2) of $0.40 and adjusted operating income(2) of $40 million, highest second quarter on record(1) Sun Country Airlines Holdings, Inc. (“Sun Country Airlines,” “Sun Country,” the “Company”) (NASDAQ: SNCY) today reported financial results for its second quarter ended June 30, 2023. “Sun Country had an historically strong second quarter, in what is typically a seasonally weaker quarter for us,” said Jude Bricker, Chief Executive Officer of Sun Country. “Total revenue was up by 19.2% versus the second quarter 2022 and we produced a GAAP operating margin of 13.6% and an adjusted operating margin(2) of [...]

2023-08-04T20:56:39+03:00August 4th, 2023|AIRLINES, News|

Lufthansa Group achieves record result in second quarter and specifies outlook

Source: Lufthansa Continued strong demand for air travel and high yields Adjusted EBIT in the second quarter at a record 1.1 billion euros Highest second quarter result ever for SWISS, Austrian Airlines, Brussels Airlines, Eurowings and Lufthansa Technik Three M&A transactions make the second quarter a milestone in the transformation process to an Airline Group Net debt reduced to below pre-crisis level Lufthansa Group specifies full year outlook and expects Adjusted EBIT of at least 2.6 billion euros for 2023 Carsten Spohr, CEO Lufthansa Group, says:  "Thanks to the great efforts of our employees, we were able to avoid a situation like last summer and once again offer our customers a more stable operation. Whether on the ground, in the [...]

2023-08-04T20:42:50+03:00August 4th, 2023|AIRLINES, News|

TAP has flown more than one million passengers between Brazil and Portugal in 2023

Source: TAP TAP Air Portugal has already flown more than one million passengers on its connections between Portugal and Brazil until July 2023 and is 30% above last year's figures on the 13 routes from Porto and Lisbon. The relaunch of the Portugal Stopover Program has played an important role as it allows stays of up to ten days in Portugal, in addition to other benefits, such as 25% discounts on a second trip to a destination in Portugal or offers with more than 115 partners. As one of the Company's priority markets, from October 29, with the start of the IATA winter season, TAP will have up to 81 weekly flights to Brazil. Currently, TAP flies to São Paulo, [...]

2023-08-03T20:50:20+03:00August 3rd, 2023|AIRLINES, News|

American Airlines Education Foundation awards nearly $1 million in scholarship funds

Source: American Airlines 340 students in eight countries received a scholarship from the American Airlines Education Foundation. 100 scholarship winners are first-generation college students. As students prepare to return to the classroom this fall, the American Airlines Education Foundation is helping ease the cost of higher education by providing nearly $1 million in scholarship funds to 340 students who are dependents of the airline’s team members. Scholarships fund full-time, undergraduate study at any accredited college, university or vocational program worldwide. Each recipient was awarded a $2,500 scholarship, and 100 first-generation college students each received an additional $1,000 award for the 2023–2024 school year. “This year our scholarship recipients continue to raise the bar — consistently establishing ambitious goals and striving [...]

2023-08-03T20:48:36+03:00August 3rd, 2023|AIRLINES, News|

British Airways takes its Inflight Entertainment to new heights with double the amount of content now available on board

Source: British Airways British Airways has doubled the amount of content available for customers to watch on its inflight entertainment system since the start of the year The airline now has more than 70 complete boxsets and 20 franchises available on its flights across every cabin, offering more choice for customers when they travel This month the airline has released new films, short movies and ‘schools out’ content in time for the summer holidays, including Paint, Love Again and The Covenant Elsewhere the airline has invested in its product offerings, including menu improvements across its lounges and on board British Airways has doubled the content available for customers to watch through its inflight entertainment system since the start of the year, [...]

2023-08-03T20:39:22+03:00August 3rd, 2023|AIRLINES, News|