//AIRLINES

Hawaiian Holdings Stockholders Approve Acquisition by Alaska Air Group

Source: Hawaiian Airlines Hawaiian Holdings, Inc. (“Hawaiian”) announced that its stockholders have voted to adopt the merger agreement with Alaska Air Group, Inc. (“Alaska”). A substantial majority of the holders of Hawaiian’s stock voted in favor of the merger, according to preliminary results from the special meeting held earlier today. Hawaiian will file the final voting results, as tabulated by an independent inspector of elections, on a Form 8-K with the U.S. Securities and Exchange Commission. “Stockholder approval of our transaction with Alaska is an important milestone toward combining our airlines,” said Hawaiian Airlines President and CEO Peter Ingram. “Together, we will bring stronger competition to the U.S. airline industry, deliver more value to our guests and the communities that [...]

2024-02-20T19:45:17+02:00February 20th, 2024|AIRLINES, News|

United Adds New Corporate Partners to Sustainable Flight Fund That Now Exceeds $200 Million

Source: United Airlines Aircastle, Air New Zealand, Embraer, Google, HIS, Natixis CIB, Safran, and Technip Energies are now part of first-of-its-kind effort to reduce emissions and drive production of sustainable aviation fuel (SAF) by providing startups with both financial and strategic capital United customers play a role too, with more than 115,000 people contributing nearly $500,000 since February 2023 United has announced that Aircastle (a Marubeni & Mizuho Leasing Company), Air New Zealand, Embraer, Google, HIS, Natixis Corporate & Investment Banking, Safran Corporate Ventures, and Technip Energies are now among the 22 corporate partners that make up the airline's The United Airlines Ventures Sustainable Flight FundSM, a first-of-its kind effort to reduce emissions and drive production of sustainable aviation fuel [...]

2024-02-15T18:49:22+02:00February 15th, 2024|AIRLINES, News|

Delta invests in employees across the globe, provides profit sharing equal to 10.4% of annual pay

Source: Delta Air Lines On Valentine's Day, Delta employees received a check for 10.4% of their eligible earnings. This payout marks an important milestone for Delta’s profit-sharing program, bringing the total paid out to employees since its inception in 2007 to $11 billion. Valentine’s Day is an extra special day for Delta, with employees receiving their share of Delta’s 2023 profit. Delta people are receiving a check for 10.4% of their eligible earnings – representing more than one month’s pay. The payout marks an important milestone for Delta’s profit-sharing program, bringing the total paid out to employees since its inception in 2007 to $11 billion. Delta continues to lead the industry in profit sharing, with this year’s total greater than [...]

2024-02-15T18:27:37+02:00February 15th, 2024|AIRLINES, News|

oneworld serves up another major win in wine tasting awards

Source: oneworld For the 13th year in a row the oneworld® alliance has been named the world's Best Airline Alliance for wines served by member airlines onboard in an annual international tasting competition. The Gold award in the Best Alliance category came from the Business Traveller's Cellars in the Sky Awards 2023 now in its 38th year. The Cellars in the Sky Awards has been running since 1985 and celebrates the best business and first class wines served by airlines on their flights. Judging this year's inflight wines were winemaker John Worontschak, Masters of Wine Sam Caporn and Peter McCombie, and head judge Charles Metcalfe, founder of the International Wine Challenge. oneworld's VP Europe, Middle East and Africa, Roger Blackburn, picked up [...]

2024-02-15T18:14:39+02:00February 15th, 2024|AIRLINES, News, ORGANISATIONS|

Frontier Airlines Announces Nonstop Service from Cleveland Hopkins International Airport to 10 Additional Destinations; Summer Daily Departures to Increase 38% Versus a Year Ago

Source: Frontier Airlines Major Fare Sale on All Routes from CLE; Includes Fares and Premium Seat Upgrades Ultra-low fare carrier Frontier Airlines will begin nonstop service from Cleveland Hopkins International Airport (CLE) to 10 additional destinations in May of 2024. These routes are in addition to service announced last month from CLE to Minneapolis-Saint Paul and New York LaGuardia. With the new routes, Frontier will serve a total of 30 destinations from CLE, increasing average peak summer daily departures by 38 percent versus a year ago. To celebrate, America's Greenest Airline is offering fares as low as $19* and Premium Seat Upgrades starting at $19** on all routes operating from CLE. "Our growth in Cleveland is soaring," said Barry Biffle, CEO, [...]

2024-02-15T18:38:44+02:00February 15th, 2024|AIRLINES, News|

American Airlines scores partnership with Texas Rangers, the reigning World Champions

Source: American Airlines American named Official and Exclusive Airline and Airline Rewards Program of the Texas Rangers The multiyear deal scores big for AAdvantage® members, who can unlock exclusive perks American Airlines is teaming up with the reigning World Champions, the Texas Rangers. The multiyear deal taps American as the Official and Exclusive Airline and Airline Rewards Program of the Texas Rangers and includes additional marketing and sponsorship benefits that will engage fans in the community and beyond. "This partnership is a home run for both American and baseball fans," said Ron DeFeo, Chief Marketing and Communications Officer at American. "Just as our airline connects people and places, we look forward to connecting fans with the excitement of baseball and [...]

2024-02-14T19:42:46+02:00February 14th, 2024|AIRLINES, News|

WestJet Group refinances majority of existing term loan facility secured by WestJet Rewards loyalty program and WestJet’s brand

Source: WestJet WestJet Group Inc. announced that it extended the maturity of the substantial majority of its term loan borrowings to 2031. WestJet did so by entering into a new secured term loan facility, capitalizing on its ratings upgrade and its strong financial performance, which exceed its pre-COVID earnings. "We are very pleased with this innovative structure, secured by our loyalty program and brand," said WestJet Group Chief Financial Officer Mike Scott. "This opportunistic refinancing transaction enhances our financial flexibility and was oversubscribed, which is reflective of the strength of the WestJet Rewards Loyalty program and the WestJet brand." WestJet's liquidity is in excess of $2 billion and its pro forma adjusted net leverage ratio at year-end 2023 was approximately [...]

2024-02-13T19:36:36+02:00February 13th, 2024|AIRLINES, News|

Frontier Airlines Adds Another 6 Destinations from Cincinnati/Northern Kentucky International Airport; Summer Daily Departures to Increase 57% Versus a Year Ago

Source: Frontier Airlines Major Fare Sale on All Routes from CVG; Fares and Premium Seat Upgrades Starting at $19 Ultra-low fare carrier Frontier Airlines (NASDAQ: ULCC) will begin nonstop service from Cincinnati/Northern Kentucky International Airport (CVG) to six additional destinations in May of 2024. These routes are in addition to service announced last month from CVG to Minneapolis-Saint Paul and New York LaGuardia. With the new routes, Frontier will serve a total of 20 destinations from CVG, increasing average peak summer daily departures by 57 percent versus a year ago. To celebrate, America's Greenest Airline is offering fares as low as $19* and Premium Seat Upgrades starting at $19** on all routes operating from CVG. "From New England to Florida, [...]

2024-02-13T19:33:50+02:00February 13th, 2024|AIRLINES, News|

Foerever and Airways: British Airways reveals Valentine’s themed treats and limited-time offer

Source: British Airways British Airways is bringing romance to the skies this Valentine’s Day with love-themed desserts, complimentary heart chocolates, hours of rom-coms available through the airline’s ‘Love is in the air’ inflight entertainment category, as well as romantic gift ideas from its High Life Shop. In addition British Airways Holidays has launched a range of city break offers from £142pp to celebrate the most romantic date of the year (the 14th day of the second month). Customers can choose from a range of options including Paris, Copenhagen, Dublin, Turin, Edinburgh, Nice, Prague, Stockholm, and Verona*. Whether flying short-haul or long-haul, every customer travelling on 14 February from Heathrow and Gatwick will feel the love with a complimentary heart shaped chocolate upon boarding. Customers in [...]

2024-02-13T19:42:09+02:00February 13th, 2024|AIRLINES, News|

oneworld reaches a 25-year milestone, having flown nearly nine billion customers since 1999

Source: oneworld The oneworld® alliance today celebrates 25 years of delivering an exceptional and seamless travel experience to its customers worldwide, with a member airline flight taking off or landing somewhere in the world every six seconds, 24 hours a day, seven days a week. Since 1999, the alliance has flown nearly nine billion customers on its member airlines, connecting them with friends, loved ones and different cultures around the globe. Launched on 1 February 1999 by its founding members American Airlines, British Airways, Cathay Pacific, and Qantas, the alliance was formed to increase connectivity and flexibility for passengers and to reward frequent flyer customers with special benefits and privileges. Since then, oneworld has grown to include 13 of the [...]

2024-02-13T21:37:41+02:00February 1st, 2024|AIRLINES, News|