//AIRLINES

Air Canada Announces Two New Connections to Western Canada From Quebec City Starting Next Summer

Source: Air Canada New seasonal service to Vancouver and Calgary begins May 2022 Air Canada continues to increase its presence in Quebec City Air Canada is pleased to announce today two new seasonal services departing from Jean Lesage International Airport in Quebec City: Vancouver and Calgary. Flights to Vancouver will start on May 20, 2022, with up to three flights a week and service to Calgary will debut on May 21, 2022, offering up to four weekly flights. These new routes will be operated by Air Canada Rouge on an Airbus A319, featuring Premium Rouge and Economy services, product enhancements including upgraded streaming entertainment and options to purchase high-speed wi-fi. Services to Vancouver and Calgary are in addition to two [...]

2021-10-22T17:25:00+03:00October 22nd, 2021|AIRLINES, News|

American Airlines Reports Third-Quarter 2021 Financial Results

Source: American American Airlines Group Inc. (NASDAQ: AAL) today reported its third-quarter 2021 financial results, including: Third-quarter net profit of $169 million, or $0.25 per diluted share. Excluding net special items1, third-quarter net loss of $641 million, or ($0.99) per share. Third-quarter revenue of $9.0 billion, up 20% sequentially from the second quarter of 2021. Ended the third quarter with approximately $18 billion of total available liquidity, after prepayment of $950 million spare parts term loan during the quarter. Company continues to expect robust demand during peak travel periods in the fourth quarter, with more than 6,000 peak day departures. Company continues to execute on its plan to pay down approximately $15 billion of debt by the end of 2025. [...]

2021-10-21T19:21:04+03:00October 21st, 2021|AIRLINES, News|

Delta fast-tracks NYC growth with 8,000 more seats daily

Source: Delta Air Lines The airline’s capacity increase also restores nonstops to the top 40 U.S. markets from JFK and LGA. Adding over 100 daily flights in NYC this fall – a 25% capacity increase compared to summer 2021 Restoring nonstop service to NYC’s top 40 domestic markets JFK and LGA’s largest carrier operating over 400 daily flights to 92 destinations After a summer of recovery, Delta isn’t slowing down in bringing back more flights and destinations for New York’s business and leisure travelers alike. By November, Delta will add more than 100 total daily departures from John F. Kennedy Airport and LaGuardia Airport compared to the airline’s summer 2021 schedule – translating to approximately 8,000 additional seats each day to [...]

2021-10-21T15:24:34+03:00October 21st, 2021|AIRLINES, News|

American Airlines Reports Third-Quarter 2021 Financial Results

Source: American Airlines Download PDF (English)PDF Format (opens in new window) American Airlines Group Inc., today reported its third-quarter 2021 financial results, including: Third-quarter net profit of $169 million, or $0.25 per diluted share. Excluding net special items1, third-quarter net loss of $641 million, or ($0.99) per share. American Airlines Group Inc. (NASDAQ: AAL) today reported its third-quarter 2021 financial results, including: Third-quarter net profit of $169 million, or $0.25 per diluted share. Excluding net special items1, third-quarter net loss of $641 million, or ($0.99) per share. Third-quarter revenue of $9.0 billion, up 20% sequentially from the second quarter of 2021. Ended the third quarter with approximately $18 billion of total available liquidity, after prepayment of $950 million spare parts term [...]

2021-10-21T14:52:51+03:00October 21st, 2021|AIRLINES, News|

Iberia Maintenance and Vueling Broaden Agreement to Cover Engines, Parts, and Major Overhauls

Source: Iberia Iberia Maintenance will be sole MRO provider for Vueling’s CFM56 engines and preferential provider for V2500s Iberia’s maintenance unit will also conduct C-checks and 6-year overhauls of the entire fleet at hangars in Vueling’s Barcelona base and in Madrid The contract also covers certain aircraft components   Iberia Maintenance and Vueling have reached a long-term agreement for the maintenance and repair of airframes, engines, and parts, chiefly at the airline's Barcelona base. The deal tightens the relationship between Iberia and its IAG partner Vueling, which was named Europe's best low-cost carrier in 2021, and is in conformity with both companies’ commitments to fortify aircraft maintenance activity at Barcelona’s El Prat airport, as announced in June: https://grupo.iberia.es/news/11062021/iberia-committed-to-boosts-heavy-maintenance-business-in-barcelona   Sole [...]

2021-10-20T21:34:15+03:00October 20th, 2021|AIRLINES, News|

Air Canada Launches its New LEAVE LESS Travel Program, Leading the Way for Sustainable Business Travel; Deloitte Canada is First On Board

Source: Air Canada Air Canada to offer Sustainable Aviation Fuels (SAF) to its corporate customers; carbon offsets also available for purchase Deloitte Canada is the first participant to join program Airline acting on its long-term goal to achieving net-zero greenhouse gas (GHG) emissions by 2050 Air Canada announced today that Deloitte Canada will be the first corporate customer to participate in its new LEAVE LESS Travel Program, which offers corporate customers effective options to offset or reduce greenhouse gas (GHG) emissions related to business travel and reduce their carbon footprint. Corporate customers can now purchase Sustainable Aviation Fuels (SAF), carbon offsets or a combination of both. The LEAVE LESS Travel Program is one of the many comprehensive initiatives being implemented as part [...]

2021-10-20T17:35:09+03:00October 20th, 2021|AIRLINES, News|

United Airlines Third-Quarter Results; Remains on Track to Meet 2022 Targets; Poised to Capitalize on International Reopening

Source: United United Airlines (UAL) today announced third-quarter 2021 financial results. Despite the impact of the COVID-19 Delta variant in the third quarter, the company remains confidently on track to achieve the range of longer term financial targets laid out as part of its United Next plan earlier this summer, and to reduce CASM-ex1 below 2019 levels next year. Citing the rebound in premium leisure travel, re-opening of European borders next month, continued recovery of business travel and early indications of loosening travel restrictions in key Pacific markets, United also announced plans to increase international capacity by 10% in 2022 - while keeping domestic capacity flat to 2019. The plan will capitalize on already improving international margins and United's ideally situated [...]

2021-10-20T17:36:50+03:00October 20th, 2021|AIRLINES, News|

Alaska is investing in emerging technologies to help the planet

Source: Alaska Airlines We’re proud of our ambitious goals to fly greener but know we can’t do it alone. This year, we set our most audacious environmental goal ever – to be Net Carbon Zero by 2040. But as a company that burns 750 million gallons of fuel every year, it’s going to take more than just recycling aluminum cans  to make a difference. We must continue to pursue pioneering technologies that will change the industry for the better. That’s where Alaska Star Ventures comes in, our new LLC, that will help us discover, partner with, and enable technologies to help us take real and meaningful steps toward reaching net- zero carbon emissions within the next decade or sooner. “To live our purpose and create an airline people love, we must operate every day in a way that cares for [...]

2021-10-19T17:58:29+03:00October 19th, 2021|AIRLINES, News|

Hawaiian Airlines, Inc. Announces Amendments to the Offers to Purchase and Removal of the Consent Solicitations for Any & All of its 7.375% Series 2020-1A Pass Through Certificates due 2027 & 11.250% Series 2020-1B Pass Through Certificates due 2025

Source: Hawaiian Airlines Hawaiian Airlines, Inc. (the “Company”), a wholly owned subsidiary of Hawaiian Holdings, Inc. (“Holdings”) (Nasdaq: HA), announced today amendments to its previously announced (i) offers to purchase for cash (collectively, the “Tender Offers” and each, a “Tender Offer”) any and all of its 7.375% Series 2020-1A Pass Through Certificates due 2027 (the “Class A Certificates”) and 11.250% Series 2020-1B Pass Through Certificates due 2025 (the “Class B Certificates” and, together with the Class A Certificates, the “Certificates”) and (ii) Consent Solicitations (as defined in the Offer to Purchase), in each case set forth in the Company’s Offer to Purchase and Consent Solicitation Statement, dated September 23, 2021 (the “Offer to Purchase”). The Company is amending the Offer [...]

2021-10-19T17:53:31+03:00October 19th, 2021|AIRLINES, News|

Delta ready to welcome customers as international travel to the U.S. resumes

Source: Delta Integrated digital health credential platform Delta FlyReady will enable customer upload of required COVID-19 test/vaccine documents Effective Nov. 8, vaccinated international travelers who want to come to the U.S. can now do so, following the Biden Administration’s announcement that it will lift travel restrictions on foreign nationals that have been in place since the beginning of the COVID-19 pandemic. The reopening of international travel will allow for the reunification of thousands of families and friends from around the world who have been separated for more than 18 months, just in time for the holidays. International travel is vital to help reverse the devastating economic impact on America’s travel and tourism industry, which was hit hard by the pandemic. [...]

2021-10-19T17:47:49+03:00October 19th, 2021|AIRLINES, News|