Source: WestJet Airline estimates it will welcome more than one million guests to and from Winnipeg this winter, further solidifying WestJet's position as the city's leading carrier WestJet today revealed highlights of its Winnipeg winter 2024/2025 flight schedule, outlining significant growth and commitment to the region, boosting its overall capacity by 36 per cent compared to winter 2023. Guests departing from Winnipeg will have access to 21 nonstop WestJet destinations this winter, including new routes to Montreal, Fort Lauderdale and San Jose del Cabo, with 24 daily departures during peak season. "Winnipeg will see the largest increase in WestJet capacity across any airport in Western Canada next winter, highlighting our commitment to meeting the community's growing demand for business and [...]

Source: WestJet Together as the WestJet Group, WestJet and Sunwing Airlines will provide Canadians with access to 63 transborder and sun destinations this winter  The WestJet Group announced its complete 2024/2025 winter schedule further positioning the airline as Canada's number one choice for leisure travel with expanded service to popular sun, transborder and transoceanic destinations. "Our winter schedule is building on our ambitions to ensure Canadians benefit from a comprehensive network of affordable domestic air service, while providing seamless access to fulfill cold-weather escapes to the most popular sun destinations," said John Weatherill, WestJet Group, Executive Vice-President and Chief Commercial Officer. "As we bring more seats and affordable fares across our entire network, we are giving Canadians choice and flexibility this [...]

Source: Volaris Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reported its June 2024 preliminary traffic results. In June 2024, Volaris' ASM capacity decreased by 13.7% year-over-year due to the accelerated Pratt & Whitney engine inspections and the resulting aircraft groundings. Load factor in the month increased by 2.2 pp YoY to 85.6%, as RPMs only decreased by 11.4%. Mexican domestic RPMs decreased by 16.2%, while international RPMs decreased by 1.8%. Volaris transported 2.4 million passengers during the month. Enrique Beltranena, Volaris’ President and CEO said: "Our fleet mitigation plan is on track and yielding positive results. As part of this plan, we [...]

Source: United Airlines A 2Q pre-tax margin expected to be among industry leaders, despite excess industry capacity in the domestic market Expect best unit revenue performance among large peers Sees mid-August as inflection point when industry-wide oversupply eases and United is best positioned to benefit United Airlines (UAL) reported second-quarter 2024 financial results. The company had pre-tax earnings of $1.7 billion, with a pre-tax margin of 11.6%; adjusted pre-tax earnings1 of $1.8 billion, with an adjusted pre-tax margin1 of 12.1%. The company expects pre-tax margin to be near the top of the industry. The company also achieved diluted earnings per share of $3.96; adjusted diluted earnings per share1 of $4.14, in line with second-quarter 2024 guidance provided at the start [...]