Source: American Airlines New agreement to purchase 500 million gallons of sustainable aviation fuel over five years from Gevo, Inc. brings the airline closer to meeting its ambitious sustainability goals American Airlines announced it has finalized an agreement with biofuel company Gevo, Inc. for sustainable aviation fuel (SAF). Over five years, American has committed to purchasing 500 million gallons of SAF, the most significant SAF offtake commitment to date for the carrier. “This announcement is a historic step forward for American and our industry as we work to reduce our carbon footprint,” said Jill Blickstein, American’s Vice President of Sustainability. “The use of SAF is a cornerstone of our strategy to decarbonize air travel. While this landmark investment represents meaningful [...]

Source: American Airlines American Airlines Group Inc. today reported its second-quarter 2022 financial results, including: Second-quarter net income of $476 million, or $0.68 per diluted share. Excluding net special items1, second-quarter net income of $533 million, or $0.76 per diluted share. Record second-quarter revenue of $13.4 billion, which represents a 12.2% increase over the same period in 2019, despite flying 8.5% less capacity. Ended the second quarter with $15.6 billion of total available liquidity. Company continues to execute on its plan to pay down approximately $15 billion of total debt2 by the end of 2025. “We are very pleased to report a quarterly profit, excluding net special items, for the first time since the start of the pandemic, driven by the [...]

Source: United Airlines Total operating revenue up 6% over same quarter 2019; expects increase of 11% in third quarter versus the same quarter in 2019 Record TRASM of up 24% over same quarter 2019; expects sequential improvement in third quarter versus the same quarter in 2019 Operating margin of 7.2% and adjusted operating margin of 8.2% marking first quarter of profitability since COVID-19 began United Airlines (UAL) today reported second quarter 2022 financial results. The company achieved the highest second quarter revenue in its history, delivering its first profitable quarter since COVID-19 began, despite record-high fuel prices. The second quarter results combined with continued progress the company is seeing affirms United's confidence in achieving the long-term adjusted pre-tax margin1 targets of [...]

Source: Air France From July to October 2022, Air France is unveiling new Michelin-starred menus created by French chefs Michel Roth and Anne-Sophie Pic in its long-haul La Première and Business cabins on departure from Paris. Working with carefully selected seasonal produce, vegetarian products, red and white meat and fish, the chefs have created refined dishes for the airline's customers to enjoy over the coming months. In this way, Air France intends to continue to offer its customers exceptional French cuisine that is more sustainable and responsible. Michel Roth in the La Première cabin Michelin-starred chef Michel Roth, Bocuse d'or and Meilleur Ouvrier de France, has created a new series of resolutely French, gourmet and refined dishes for customers in [...]

Source: Frontier Airlines "There is strong consumer demand for flights between these two destinations," said Daniel Shurz, Frontier Airlines' Senior Vice President of Commercial  Ultra-low fare carrier Frontier Airlines announces new daily nonstop service from Denver International Airport (DEN) to Houston's William P. Hobby Airport (HOU). To celebrate, America's Greenest Airline is offering fares as low as $69.* "We are excited to announce a new ultra low-fare flight option between Denver and Houston Hobby with daily nonstop service beginning in September," said Daniel Shurz, senior vice president of commercial, Frontier Airlines. "There is strong consumer demand for flights between these two destinations and consumers can now enjoy the convenience and affordability of Frontier's 'Low Fares Done Right.'" Service from Denver [...]