//AIRLINES

IAG Q1 2022 Financial Results

Source: IAG International Consolidated Airlines Group (IAG) presented Group consolidated results for the three months to March 31, 2022. Strong customer demand is expected to drive profitability from quarter 2 onwards Passenger capacity in quarter 1 was 65% of 2019 capacity, up from 58% in quarter 4, 2021, as the Group’s airlines continued to restore capacity in advance of the Summer flying programme The continued easing of government-imposed travel restrictions, particularly in the UK, resulted in improved travel demand, with no noticeable impact from the war in Ukraine Quarter 1 saw strong business travel recovery, with premium leisure remaining strong The impact of Omicron had a negative short-term impact in January and February on the operating result, passenger bookings and cancellations [...]

2022-05-09T15:21:06+03:00May 9th, 2022|AIRLINES, News, ORGANISATIONS|

Jet Drag: Delta’s 20th year of partnering with the American Cancer Society

Source: Delta Air Lines A record-breaking 150 Jet Drag teams registered to compete to pull a Boeing 757, helping to raise over $740,000 for the American Cancer Society. This year, Delta celebrates 20 years of partnership with the American Cancer Society in the quest to eradicate cancer. Over the past two decades, Delta employees all over the world have joined forces to host events, raise money and increase awareness for cancer research and prevention. As the American Cancer Society's largest corporate fundraiser, Delta has raised $16 million in the fight against the disease. While our support of the American Cancer Society has been ongoing, we are excited to have brought back Delta's beloved Relay for Life and Jet Drag events, after [...]

2022-05-09T15:39:32+03:00May 9th, 2022|AIRLINES, News|

Spirit Airlines Reports First Quarter 2022 Results

Source: Spirit Airlines Spirit Airlines, Inc. (NYSE: SAVE) today reported first quarter 2022 financial results. Ended the first quarter 2022 with $1.6 billion of unrestricted cash, cash equivalents, short-term investment securities and liquidity available under the Company's revolving credit facility. As Reported (unaudited) First Quarter 2022 First Quarter 2021 First Quarter 2019 Total operating revenues $967.3 million $461.3 million $855.8 million Pre-tax income (loss) $(244.0) million $(138.2) million $72.1 million Net income (loss) $(194.7) million $(112.3) million $56.1 million Diluted earnings (loss) per share $(1.79) $(1.15) $0.82 Adjusted 1 First Quarter 2022 First Quarter 2021 First Quarter 2019 Adjusted EBITDA $(108.2) million $(204.0) million $140.4 million Adjusted EBITDA margin (11.2)% (44.2)% 16.4% Adjusted Pre-tax income (loss) $(216.9) million $(312.2) million $74.0 [...]

2022-05-09T15:50:41+03:00May 9th, 2022|AIRLINES, News|

SAS Traffic Figures – April 2022

Source: SAS 1.5 million passengers traveled with SAS in April  During April more than 1.5 million passengers traveled with SAS, an increase of approximately 380% compared to the same month last year. SAS’ capacity increased at the same time by 190% compared with the same period last year. In comparison with last month, the total number of passengers increased with 7% and capacity was increased by 15%. The flown load factor for April was 71%, an improvement of 41 percentage points compared to April last year. “We continue the ramp-up and see the highest number of passengers since March 2020. Looking forward, sales and booking trends are positive for the summer period ahead. Traffic to and from Asia remains a [...]

2022-05-09T15:34:24+03:00May 7th, 2022|AIRLINES, News|

The Dominican Republic, Washington DC, Fuerteventura, Berlin, and Much More in Ronda Iberia Magazine

Source: Iberia The latest issue of Ronda Iberia magazine is now available online https://grupo.iberia.es/magazines It includes a fashion report on the new uniforms that the airline will debut in June May has just arrived, and so has the new issue of Ronda Iberia magazine --a very “natural” issue, full of hints for enjoying the outdoors on every continent. The cover story is devoted to the Dominican Republic, the second largest country in the Caribbean, with more than 1,600 km of coastline and more than 200 beaches. We invite you to sleep in a tree house, sample signature cuisine dishes, and learn about the country’s history in the capital, Santo Domingo. The three recommendations by the magazine’s editor are also in the Dominican [...]

2022-05-09T13:41:00+03:00May 6th, 2022|AIRLINES, News|

Frontier Airlines Begins Nonstop Service Between Miami and Kingston

Source: Frontier Airlines New Service is in Addition to 5 Routes Serving Montego Bay Ultra-low fare carrier Frontier Airlines (NASDAQ: ULCC) today begins service between Miami International Airport (MIA) and Norman Manley International Airport in Kingston, Jamaica (KIN). It marks the first time America's Greenest Airline has offered service to the Jamaican capital. Flights will operate three times weekly year-round. "We are thrilled to offer new service between Miami and Kingston for the first time," said Alfredo Gonzalez, international sales manager, Frontier Airlines. "Jamaica is benefitting from our aggressive growth in the Caribbean as we aim to bring more visitors to this highly desirable vacation paradise and make it easy for island residents to travel to destinations in the U.S. [...]

2022-05-06T17:36:05+03:00May 6th, 2022|AIRLINES, News|

American Airlines: Showing their skills

Source: American Airlines The 2022 Aerospace Maintenance Competition (AMC) hosted teams from around the world to test their aviation maintenance skills and knowledge in 27 different events. This year, American Airlines sent six teams to compete, including its first all-female and all-Hispanic teams, from Chicago, Dallas-Fort Worth, Los Angeles, Miami, New York City, Philadelphia, Pittsburgh and Tulsa, Oklahoma. American’s Team Tulsa and DWH Air Raiders took second and third place, respectively, in the MRO category and an American-sponsored student team, Tulsa Tech, placed first in the overall School category. Several American Airlines teams and American-sponsored student teams also placed the best scores in individual events, including team AA Chicago, DWH Air Raiders and Team Tulsa. Here’s a peek at this year’s event, [...]

2022-05-06T17:22:34+03:00May 6th, 2022|AIRLINES, News|

Sun Country Airlines Reports First Quarter 2022 Results

Source: Sun Country Airlines Q1 2022 GAAP diluted EPS of $0.06 and operating income of $22 million Q1 2022 Adjusted diluted EPS of $0.20(1) and adjusted operating income of $23 million(1) Sun Country Airlines Holdings, Inc. (“Sun Country Airlines”, “Sun Country”, the “Company”) today reported financial results for its first quarter ended March 31, 2022. “We are very happy to report another profitable quarter,” said Jude Bricker, Chief Executive Officer of Sun Country. “I am proud of all the people at Sun Country who, once again, delivered quarterly profitable growth despite the challenging macro-economic and pandemic backdrop. Very strong bookings and unit revenue trends, combined with solid cost control, drove a first quarter net income, adjusted net income and adjusted net [...]

2022-05-06T17:19:56+03:00May 6th, 2022|AIRLINES, News|

American Airlines Celebrates 250,000th Veteran to Participate in the Honor Flight Program

Source: American Airlines Airline donates 15 million AAdvantage® miles to support the Honor Flight Network’s mission to provide U.S. veterans a once-in-a-lifetime trip to tour memorials dedicated to their service and sacrifice. American Airlines joined elected officials, team members and volunteers in Washington, D.C., this week to celebrate a historic milestone for the Honor Flight Network, a nonprofit organization dedicated to providing veterans with once-in-a-lifetime trips to visit the nation’s capital and the memorials erected in honor of all those who have worn the U.S. military uniform. To commemorate the occasion, American also announced a donation of 15 million AAdvantage® miles to support and sustain the Honor Flight Network’s ongoing mission. A milestone flight in honor of our heroes On [...]

2022-05-06T18:33:38+03:00May 6th, 2022|AIRLINES, News|

Air Canada Cargo Operates First Freighter Flight to Madrid

Source: Air Canada Air Canada and Air Canada Cargo also offer capacity to Madrid and Barcelona on passenger service with five weekly flights from Toronto Air Canada said today that it has operated the first flight of a Boeing 767-300 freighter by Air Canada Cargo into Madrid as it continues to expand its freighter network in Europe.  Through its extensive network of freighter and passenger flights, shipments from the US, Latin America and Canada can connect easily to Madrid and Barcelona via the carrier’s Toronto hub. “With our second Boeing 767-300 freighter now in the fleet, we are growing our footprint in Europe. In addition to flights to Frankfurt, Air Canada Cargo will offer three flights per week to Madrid, [...]

2022-05-05T13:57:56+03:00May 5th, 2022|AIRLINES, News|