//AIRLINES

TAP Air Portugal informed of accumulated results of 203.5 million euros

Source: TAP Third quarter of the year with record profits of 180.5 million euros In the first nine months of 2023, TAP once again achieved a historic milestone by generating a record net profit of 203.5 million euros. Operating Revenues in the first nine months of 2023 have surged to EUR 3.2 billion, demonstrating a significant increase of EUR 725m (+29.7%) compared to the same period in 2022. The first nine months have witnessed a significant performance in our financial and commercial metrics. TAP has delivered a Recurring EBITDA of EUR 752.4m, with a margin of 24%, as well as a solid Recurring EBIT of EUR 400.7m, with a margin of 13%. At the end of June 2023, TAP reimbursed [...]

2023-10-30T19:53:43+02:00October 30th, 2023|AIRLINES, News|

Opening of the 56th Annual General Meeting of the Arab Air Carriers’ Organization

Source: AACO The 56th Annual General Meeting of the Arab Air Carriers’ Organization (AACO) will be held between 30 October and 01 November 2023 at the “Crowne Plaza RDC” hotel in Riyadh, hosted by Saudia under the Patronage of His Excellency Engr. Saleh bin Nasser Al-Jasser, Minister of Transport and Logistic Services and the Chairman of the Board of Directors of Saudi Arabian Airlines Corporation, with the participation of more than 200 Arab and global aviation experts gathering Chief Executive Officers of AACO member airlines, partner airlines and industry partners from aircraft and engine manufacturers, global distribution systems, information technology partners and others. The Directors General of the Arab Civil Aviation Organization and the International Air Transport Association are also [...]

2023-10-30T19:02:31+02:00October 30th, 2023|AIRLINES, AROUND THE WORLD, News, ORGANISATIONS|

L’Eggo With Eggo®: Frontier Becomes First Airline to Offer New Eggo® Grab & Go Waffles

Source: Frontier Airlines Updated Inflight Menu Features Wide Selection of New Snack and Drink Items Eggo® waffle fans can now L'Eggo at 35,000 feet! Ultra-low fare carrier Frontier Airlines (NASDAQ: ULCC), in partnership with Kellanova, is introducing the Eggo® Grab & Go waffle to its Fly Bar inflight menu. Frontier is the first airline to offer the new snack. The Eggo® Grab & Go waffle is a Belgian-style waffle made with real butter and pearl sugar-     pearl sugar is the magical ingredient that gives the waffle an added crunch and sweet layer around the exterior. The first-ever ready-to-eat Eggo® waffle that doesn't require a toaster or toppings is now available in the skies on Frontier Airlines. "The Eggo Grab & [...]

2023-10-30T18:31:16+02:00October 30th, 2023|AIRLINES, News|

SkyWest Orders 19 Embraer E175 Aircraft for Operation with United Airlines

Source: Embraer Embraer has agreed to the sale of 19 new E175 jets to SkyWest, Inc. for operation in the United Airlines network, adding to the 90 E175 jets SkyWest already operates for United. The E175 aircraft will fly exclusively with United under a Capacity Purchase Agreement (CPA). The value of the contract, which has been included in Embraer’s Q3 backlog, is US$1.1billion, based on list price. The 70-seat aircraft will be delivered in a three-class configuration. Deliveries will begin Q4 2024. President and CEO of SkyWest Chip Childs said, “SkyWest is already the largest E175 operator in the world, and when this order is delivered we will have over 250 E175s. We look forward to continuing to improve the [...]

2023-10-27T20:11:04+03:00October 27th, 2023|AIRLINES, MANUFACTURERS, News|

American Airlines and CR Smith Museum launch aviation education program bridging the classroom and the industry

Source: American Airlines American Airlines and the CR Smith Museum are teaming up to introduce a new education program to inspire the next generation of aviation professionals. The multi-year Aviation Career Pathways program is designed for middle and high school students and provides access to aviation STEM education and exposure to industry career opportunities. The program will initially engage students in seventh to 12th grade at multiple schools in the Dallas Independent School District. It has room to grow to other schools in Dallas-Fort Worth and beyond long-term. Multiple touch points translate science, technology, engineering and math concepts to aviation careers Increasing students’ exposure and confidence to aviation STEM careers and skills comes with challenges, especially when working with schools [...]

2023-10-27T18:57:26+03:00October 27th, 2023|AIRLINES, News|

Southwest Airlines orders 108 additional Boeing 737 MAX jets

Source: Boeing Launch customer for 737-7 increases orderbook for variant to more than 300 Southwest relying on 737 MAX fuel efficiency and reliability to modernize fleet and expand network Boeing and Southwest Airlines announced today the carrier is increasing its commitment to the fuel-efficient 737 MAX family with an order for 108 737-7s. The new deal supports Southwest's modernization strategy and provides flexibility to expand its fleet. "We have a long history with Boeing, dating back more than 50 years to the day we commenced service with three Boeing 737 aircraft serving three cities," said Bob Jordan, president & Chief Executive Officer of Southwest Airlines. "They're part of our history and part of our future as we continue to recognize [...]

2023-10-27T19:30:56+03:00October 27th, 2023|AIRLINES, MANUFACTURERS, News|

Viva Aerobus: Revenue Growth of 44.8% leads to EBIT margin of 19.7%

Source: Viva Aerobus Grupo Viva Aerobus, S.A. de C.V. ("Viva Aerobus" or “Viva”), the parent company of Aeroenlaces Nacionales S.A. de C.V., announced today its 3Q 2023 financial results. Effective October 1st, 2022, Viva Aerobus changed its reporting currency from Mexican Pesos (“MX$”) to U.S. Dollar (“US$”). Please refer to the section “Change in Reporting Currency to U.S. Dollar” for further detail. Juan Carlos Zuazua, Chief Executive Officer, commented: “Our 3Q 2023 performance reflects the strength of the underlying market in Mexico and a disciplined capacity deployment, delivering our highest revenue, operating profit (EBIT), and net income in a quarter. Our revenues increased 44.8% YoY to US$571 million on robust demand, an improved fare environment, and a strong load factor [...]

2023-10-27T19:21:53+03:00October 27th, 2023|AIRLINES, News|

Winter 2023-2024: Air France to strengthen its services to The Americas and serve 167 destinations worldwide

Source: Air France 167 destinations in 79 countries Air France will be strengthening its services to Central and South America with the introduction of daily service to San José (Costa Rica) on Airbus A350-900. Services to Bogota (Colombia) will also be operated by Airbus A350-900, increasing capacity on that route In North America, service to Ottawa (Canada) extended to winter season and new destination outbound from Paris-Charles de Gaulle: Raleigh-Durham (North Carolina, USA) After a summer season marked by strong demand, especially for long-haul travel, Air France continues to move forward with the reopening and expansion of its global network. During the 2023-2024 winter season (November 2023 – March 2024), the airline will fly to 167 destinations – 84 long-haul [...]

2023-10-27T20:57:27+03:00October 27th, 2023|AIRLINES, News|

WestJet underscores commitment to affordable air travel for Canadians during visit to Toronto

Source: WestJet WestJet CEO, Alexis von Hoensbroech, today addressed key stakeholders and community members at the Toronto Region Board of Trade. In his address, von Hoensbroech shed light on the airlines' recent accomplishments and shared insights into its strategic outlook and plans to drive the Group's growth strategy as Canada's leading low-cost airline. After a challenging three years due to the COVID-19 pandemic, the WestJet Group has surpassed its pre-pandemic capacity levels and returned to profitability, setting the airline up for success as it continues its strategy and grows its offering for Canadians. "With our country's long flight distances across its vast geographic landscape, Canadians from coast-to-coast deserve access to air travel that is affordable and reliable," said Alexis von [...]

2023-10-26T20:44:04+03:00October 26th, 2023|AIRLINES, News|

Summer 2024 Starts Early at United with Airline’s Largest Transatlantic Schedule in its History

Source: United Airlines United to fly non-stop to 38 transatlantic cities, including the first and only direct flight between U.S. and Faro, Portugal and new flights to Reykjavik, Brussels, Rome and Malaga – plus service to popular destinations like Lisbon, Barcelona, Rome, Nice, Milan and Naples start up to two months earlier More options to more places give customers plenty of choices - and time - to visit Europe next year United builds on its leading transatlantic network with the debut of its largest-ever summer 2024 schedule – which includes the first and only non-stop flight between New York/Newark-Faro, Portugal* and new flights to Reykjavik*, Brussels, Rome and Malaga. The airline also brings back nine of its most popular seasonal [...]

2023-10-26T20:41:56+03:00October 26th, 2023|AIRLINES, News|