Source: KLM KLM Group posted an operating profit of EUR 706 million on revenues of EUR 10.7 billion in 2022 with an operating margin of 6.6%. Issues during operational ramp-up prevented KLM from delivering the level of service to which customers are accustomed and employees faced major challenges. The figures nevertheless show that customers are eager to continue travelling. The annual figures bring KLM Royal Dutch Airlines closer to its 2019 results, an achievement that can be attributed to the rapid recovery in the demand for travel after Covid-related travel restrictions were eased in early 2022. Even so, KLM will be facing a number of uncertainties in 2023. Geopolitical tensions, inflation, a possible recession and the high price of fuel could all [...]

Source: TAP The Stopover programme has been improved with more advantages to allow customers to discover even better and explore Portugal before heading to the final destination. And now, also on their return home. TAP passengers can add Portugal to the trip with a free stopover of up to 10 days, with exclusive offers and discounts at over 290 partners that will make their visit unforgettable, from hotels, restaurants, shopping centres, museums and countless activities, in a partnership with Turismo de Portugal. Stopover passengers also have a 25% discount for an air trip within Portugal, to discover tourism regions such as Porto and the North, the Algarve or Madeira and the Azores, through a promotional code that can be used [...]

Source: Air Canada Record fourth quarter passenger revenues of $4.062 billion, doubled than fourth quarter 2021 and about two per cent higher than fourth quarter 2019 Record fourth quarter operating revenues of $4.680 billion, 71 per cent higher than fourth quarter 2021 and about six per cent higher than fourth quarter 2019 Operating losses of $28 million in the fourth quarter of 2022 and of $187 million for the full year 2022 Adjusted EBITDA* of $389 million in the fourth quarter of 2022 and of $1.457 billion for the full year 2022 Adjusted EBITDA margin* of 8.3 per cent for the fourth quarter of 2022 and of 8.8 per cent for the full year 2022 Total liquidity of over $9.8 billion at December 31, 2022 Air Canada today reported its fourth quarter and full [...]

Source: Flybondi Flybondi, the first low-cost airline in Argentina, has appointed Fabian Perez as its new Operational Safety Manager. He will be responsible for the Operational Safety Management System, the monitoring of the organization's safety indicators, and the operations units. Fabian has extensive experience in the aviation industry, in different roles, positions, companies and countries. Throughout his forty-year career, he has been a pilot and flight instructor at Aero Kern S.A. and Aviajet S.A., in Executive/General Aviation. He has also been First Officer, Captain, Flight and Simulator Instructor, Inspector, and CRM Facilitator in airlines such as LAPA, Southern Winds, Lan Express (Chile) and LATAM Argentina. He worked in LATAM Argentina for over 18 years, where his last position was Deputy [...]

Source: Air Canada Air Canada Cargo announced that it has become a member of the Pharma.Aero cross-industry collaboration platform. Working with other key stakeholders in the pharmaceutical transportation sector, Air Canada Cargo will contribute to and benefit from the group's knowledge and expertise to further develop its handling of pharmaceutical shipments. “As we continue to expand our freighter fleet and with the continued enhancements to our cold chain handling capabilities, this participation in a new avenue for critical insight into pharmaceutical shipments is an important step forward. Pharma.Aero will increase our ability to collaborate with an ever-growing list of industry experts to share ideas and gather knowledge on ways to further strengthen our expertise in shipping this vital cargo,” said Matthieu [...]

Source: Sun Country Airlines Sun Country Airlines Holdings, Inc. (“Sun Country Airlines”) announced the commencement of a proposed secondary public offering of 5,250,000 shares of its common stock by an affiliate of certain investment funds managed by affiliates of Apollo Global Management, Inc. (the “Selling Stockholder”). The underwriter will have a 30-day option to purchase up to an additional 787,500 shares of common stock from the Selling Stockholder. Sun Country Airlines is not selling any shares and will not receive any proceeds from the proposed offering. In addition, Sun Country Airlines has authorized the purchase from the underwriter of up to 750,000 shares of common stock that are the subject of the proposed offering at a price per share equal [...]

Source: Soutwest Airlines Southwest Airlines let the good times fly on flight #1563 from DAL to MSY full of Mardi Gras partygoers ahead of the season's biggest weekend of celebrations. As an airline, we employ nearly 200 Employees in New Orleans and have Louisiana fans across our Network that celebrate Mardi Gras so we decided to load up suitcases full of beads and masks and engaged Community Coffee, our official Inflight Coffee Partner, to help us celebrate this festive season with Passengers before they touched down in New Orleans on Thursday afternoon. We had some fun prior to boarding the flight with Mardi Gras Bingo in the gate area where the winner was surprised with a year’s worth of Community Coffee, [...]

Source: Copa Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for January 2023: Operating Data January January % Change 2023 2019 Copa Holdings  (Consolidated)   ASM (mm) (1) 2,364.1 2,332.8 1.3 %   RPM (mm) (2) 2,059.3 1,937.2 6.3 %   Load Factor (3) 87.1 % 83.0 % 4.1p.p. 1.  Available seat miles - represents the aircraft seating capacity multiplied by the number of miles the seats are flown. 2.  Revenue passenger miles - represents the numbers of miles flown by revenue passengers 3.  Load factor - represents the percentage of aircraft seating capacity that is actually utilized Given the irregular nature of the Company's operations starting in March 2020 due to the Covid-19 pandemic, we are comparing this traffic report to 2019 statistics. Consolidated capacity (ASMs) came [...]

Source: Delta Air Lines On Valentine’s Day, Delta shows the love to its employees when the company’s profit-sharing payments hit their bank accounts. This practice, foundational to the airline since 2007, also has a cascading multiplier effect in the communities where Delta people live, work and serve. This year’s payout totals more than $550 million – about 5.5% of each employee’s 2022 pre-tax earnings – representing one of the most generous profit-sharing programs in the U.S. The annual payout is part of a substantive one-two punch to boost employees’ purchasing power, coming on the heels of Ed’s announcement regarding a 5% pay increase April 1 for eligible employees. “When we deliver for our customers, their loyalty drives continued reinvestment in [...]