Source: LATAM Airlines LATAM Group today began the final phase of its reorganization under Chapter 11 in the United States. By filing an essential fact with the Financial Market Commission (CMF) in Chile, the Group disclosed that it has registered   605,801,285,307 LATAM shares in the Securities Registry of the CMF, corresponding to the capital increase and the three classes of convertible bonds that were approved at the Extraordinary Shareholders' Meeting in July. “With the registration by the CMF of the instruments approved in the restructuring plan, we are now taking the final step in our Chapter 11 process, with a view to emerge no later thanNovember, well positioned for the future. We value the trust and continued support of [...]

Source: Air Canada Air Canada today announced that it has agreed to repurchase US$174.3 million aggregate principal amount of its outstanding 4.000% Convertible Senior Notes due 2025 (the "Notes") for an aggregate cash repurchase price of approximately US$209 million (C$274 million), including accrued interest.  The repurchases are expected to close on or about September 13, 2022, subject to customary closing conditions. Following the closing of the repurchases and the cancellation of the repurchased Notes, US$573.2 million aggregate principal amount of Notes will remain outstanding. This press release does not constitute an offer to purchase or a solicitation of an offer to sell the Notes or any other securities. CAUTION REGARDING FORWARD-LOOKING INFORMATION This news release includes forward-looking statements within the [...]

Source: ITA Airways ITA Airways' new blue livery Airbus A350 dedicated to the legendary Enzo Ferrari will make its first flight in Monza at the Italian Grand Prix on September 11, when it will be the forerunner to the Frecce Tricolore at the start of the race, during the national hymn. This is the first time ever that - "the Drake" - the legendary founder of the most successful team in Formula 1, boasting 31 world titles (16 Constructors, 15 Drivers) and the man who changed the history of motor racing across the world, has an airplane named after him. Only ITA could do it. And it is also the first time that the national Flagship carrier is present at the Italian Grand Prix, as well [...]

Source: Southwest Airlines Southwest Airlines Co. (NYSE: LUV) and the Aircraft Mechanics Fraternal Association (AMFA), the union that represents Southwest Airlines® Aircraft Appearance Technicians, today announced they have reached a Tentative Agreement. "Our Appearance Technicians contribute to Southwest's success every day, and I am proud of both Negotiating Committees for reaching an agreement that rewards our Employees for their continued hard work," said Adam Carlisle, Vice President Labor Relations at Southwest Airlines. Southwest's nearly 170 Appearance Technicians help deliver safe, secure, clean, and reliable aircraft for Southwest's Customers and Employees. AMFA will communicate to its members the details of the Tentative Agreement and the ratification process.

Source: United Airlines Airline signs purchase agreement for up to 400 eVTOL aircraft from Eve aiming to revolutionize commuter experience in cities around the world  United today announced a $15 million investment in Eve Air Mobility and a conditional purchase agreement for 200 four-seat electric aircraft plus 200 options, expecting the first deliveries as early as 2026. This marks another significant investment from United in flying taxis – or eVTOLs (electric vertical take-off and landing vehicle) – that have the potential to revolutionize the commuter experience in cities around the world. Under the terms of the agreement, the companies intend to work on future projects, including studies on the development, use and application of Eve's aircraft and the urban air [...]

Source: Air Canada The Lockheed L‐10A Electra arrives to permanent home for the public to enjoy Editor's Note: A video celebrating CF-TCC's arrival at the Royal Aviation Museum of Western Canada can be found here. MONTREAL, Sept. 7, 2022 /CNW Telbec/ - In celebration of its 85th anniversary, Air Canada today donated its historic aircraft, an original Lockheed L-10A Electra airplane to Winnipeg's Royal Aviation Museum of Western Canada. The iconic aircraft, the first fleet type flown by the carrier, made its final journey as it taxied from the Air Canada hangar at Winnipeg International Airport to the Museum at a handover ceremony. The airplane will go on permanent public display as an iconic piece of aviation history.   The aircraft, with registration CF-TCC, was one of three purchased by [...]

Source: WestJet Loving where you're going starts with loving what you're wearing WestJet today celebrated the launch of its new uniform collection for frontline team members, on a special runway at the YYC Calgary International Airport. The uniforms, conceptualized by international designer, Juli Grbac, are unique to Canada and were created with safety and inclusivity at the forefront. Photos can be downloaded here. "The launch of our new uniforms is not only representative of WestJet's brand and inclusive culture, but of the incredible WestJetters who make up our unique identity," said Diederik Pen, WestJet Chief Operating Officer. "Our new uniform collection has gone through design refinement and extensive wear-testing and I am so proud to stand alongside the many dedicated WestJetters who brought [...]

Source: American Airlines American Airlines Group Inc., today announced the election of Vicente Reynal, 48, to its board of directors. “We are very excited to welcome Vicente to American’s board of directors,” said American’s Chairman Doug Parker. “Vicente has extensive experience leading global industrial businesses, and his proven ability to navigate complex operational issues and create shareholder value will be important assets to American and our board.” “The addition of Vicente to American’s board is fantastic news for our team, our customers and our shareholders,” said American’s CEO Robert Isom. “His leadership of diverse, multinational organizations will be very helpful to our airline as we continue to navigate the recovery from the pandemic.” Reynal currently serves as chairman, president and CEO [...]

Source: Delta Air Lines The report tracks the gap between the diversity of frontline talent and leadership within the company. By producing this report, Delta holds itself accountable to the commitments it made in 2020 to accelerate the closure of diversity representation gaps between the frontline and leadership in the three most underrepresented areas. Delta has increased representation of women, Black talent and other underrepresented racial and ethnic groups in roles across the company, according to its second annual Close the Gap report, a pivotal step in fulfilling its commitment to grow diversity in its leadership. The report tracks the gap between the diversity of frontline talent and leadership within the company. By producing this report, Delta holds itself accountable [...]

Source: Air France From 2 to 11 September, 2022, Air France is sponsoring the 48th Deauville American Film Festival, celebrating the diversity of American cinema, from major Hollywood blockbusters to independent productions. The company has been supporting this world-renowned festival since 2014 and promotes American cinema all year round on board its long-haul aircraft. The best of Air France on display in Deauville This year, festival-goers will be able to exclusively discover and try out the new Air France Business cabin on show at the Deauville International Centre, one of the festival’s key venues. The company is also organizing a competition with airline tickets up for grabs for the lucky winners. Progressively deployed on board 12 Air France Boeing 777-300, this [...]