/News

Airbus reports Nine-Month (9m) 2024 results

Source: Airbus 497 commercial aircraft delivered  Revenues € 44.5 billion; EBIT Adjusted € 2.8 billion EBIT (reported) € 2.7 billion; EPS (reported) € 2.29 Free cash flow before customer financing € -0.8 billion Guidance maintained Airbus SE reported consolidated financial results for the nine months ended 30 September 2024. “We saw strong demand across our product range in the first nine months of the year. The nine-month earnings reflect the level of commercial aircraft deliveries, a solid performance in helicopters and the charges in our space business recorded in the first half,” said Guillaume Faury, Airbus Chief Executive Officer. “We are constantly adapting to a complex and fast-changing operating environment marked by geopolitical uncertainties and specific supply chain challenges that [...]

2024-10-30T22:58:07+02:00October 31st, 2024|MANUFACTURERS, News|

American Airlines Technical Operations, Fleet Service, Cargo and Central Load Planning team members ratify new agreement

Source: American Airlines American Airlines team members represented by the TWU-IAM Association has ratified a new, 27-month contract extension, bringing economic improvements, including meaningful increases in pay rates, to its more than 35,000 Technical Operations, Fleet Service, Cargo and Central Load Planning team members. “With this new agreement, our TWU-IAM Association-represented team members join their colleagues who have all approved new agreements that underscore American’s commitment to ensuring our team is paid well and competitively,” said American’s CEO Robert Isom. “I’d like to thank both the Association and company negotiating teams for seeing the important win this contract extension is for our team and for working to reach a deal — one that ensures our team is paid among the [...]

2024-10-30T22:56:12+02:00October 31st, 2024|AIRLINES, News|

CEOs reveal industry trends in Latin America and the Caribbean

Source: ALTA Route expansion, dialogue with stakeholders, and focus on local particularities at the heart of strategies The ALTA AGM & Airlines Leaders Forum 2024 featured the panel “CEO Vision,” providing a strategic analysis of the rapid transformations shaping the aviation sector. Moderated by Gabriela Frias, anchor of CNN, the discussion explored the main challenges and trends influencing aviation in Latin America and the Caribbean, with an emphasis on innovation and sustainability. Tracy Cooper, CEO of Bahamasair, highlighted the importance of expanding connections between Latin America and the Bahamas: “In the Bahamas, 80% of our tourists come from North America, while Latin America, with a larger population, represents only 5 to 7% of our visitors. We need to rethink this [...]

2024-10-30T19:52:30+02:00October 30th, 2024|News, ORGANISATIONS|

Airbus proposes to renew CEO mandate and announces Commercial Aircraft leadership transition

Source: Airbus The Board of Directors of Airbus SE will propose to the shareholders at the 2025 Annual General Meeting the renewal of Guillaume Faury as Executive member of the Board and Airbus Chief Executive Officer. The Company is also announcing management transition steps in its Commercial Aircraft business. Lars Wagner, currently the CEO of MTU Aero Engines AG, based in Munich, has been selected to join the Airbus Executive Committee, after finalising his term at MTU, to become the successor of Christian Scherer as CEO of the Commercial Aircraft business. “Christian and I are excited to have Lars Wagner, such a talented industry leader, coming back to the Airbus family in this key role,” said Airbus CEO Guillaume Faury. [...]

2024-10-30T19:28:04+02:00October 30th, 2024|MANUFACTURERS, News|

Air Canada to Resume Daily Service to Beijing, Increase Shanghai Flights to Daily

Source: Air Canada Vancouver-Shanghai increases to daily flights beginning Dec. 7, 2024 Vancouver-Beijing daily service resumes Jan. 15, 2025 Air Canada today announced the airline will be resuming daily service from Canada to Beijing and will be increasing its Shanghai flights to daily. Both routes will operate from the airline's Vancouver (YVR) hub. Seats are available for sale at aircanada.com, through Air Canada Contact Centres and via travel agencies. "We are resuming our non-stop services between Canada and Beijing and increasing our flights between Canada and Shanghai, reflecting the importance of these markets in Air Canada's global network. With the investments we have made at our YVR hub linking Air Canada's extensive North American network to our international flights, travelling [...]

2024-10-30T20:07:40+02:00October 30th, 2024|AIRLINES, News|

American Airlines is the official airline sponsor of the 25th Annual Latin GRAMMY Awards®

Source: American Airlines American Airlines is proud to announce it is the official airline partner of the Latin GRAMMY Awards®, which is celebrating its 25th Anniversary by returning to the place The Latin Recording Academy calls home, where the journey commenced and its headquarters remain. The Latin GRAMMY Awards®, taking place Nov. 14, are the preeminent international honor and the only peer-selected award celebrating excellence in Latin music worldwide. “American is excited for the return of the Latin GRAMMYs to Miami, our leading international gateway to Latin America and the Caribbean,” said Juan Carlos Liscano, American’s Vice President of Miami Hub Operations. “We look forward to welcoming attendees to Miami International Airport, where American offers up to 400 daily nonstop [...]

2024-10-30T23:41:11+02:00October 30th, 2024|AIRLINES, News|

SITA and ACCELYA Partner to Redefine the Future of Airline Retailing and Passenger Journeys

Source: SITA Partnership will integrate modern airline retailing systems with airport touchpoints and reduce costs using SITA's advanced Flex APIs SITA, the global leader in air transport technology, is partnering with Accelya to deliver new digital retailing solutions for passengers, removing the reliance on dated, legacy systems. This strategic partnership with Accelya, a leading global software provider to the airline industry, will allow airlines to migrate to modern airline retailing for passengers, including a contactless airport solution based on biometric recognition, which will also drive operational efficiency and reduce costs. Through this partnership, Accelya's FLX ONE Delivery—part of their new FLX ONE platform, a comprehensive Offer, Order, Settle Deliver (OOSD) solution—will be integrated with SITA's advanced Flex APIs. This will [...]

2024-10-30T19:35:24+02:00October 30th, 2024|News, SUPPLIERS|

Roberto Alvo, CEO of LATAM Airlines Group is the new President of ALTA

Source: ALTA Alvo will be the President of the Executive Committee for the period 2024-2025 The Latin American and Caribbean Air Transport Association (ALTA) announces the election of Roberto Alvo, CEO of LATAM Airlines Group, as Chairman of the Executive Committee for the period 2024-2025. “We are honored to have Roberto as Chairman. His strategic vision and track record of innovative leadership will guide ALTA's initiatives to contribute to strengthening aviation in a sustainable and efficient way,” said José Ricardo Botelho, ALTA's CEO. “ALTA has been growing and strengthening its operations to develop a service that is essential in Latin America and the Caribbean. Aviation is not only an engine of socio-economic growth, but often the only transportation option available [...]

2024-10-30T20:27:09+02:00October 30th, 2024|AIRLINES, News, ORGANISATIONS|

LATAM Orders ten 787 Dreamliners to Grow Boeing Widebody Fleet

Source: Boeing Agreement by the region's largest 787 operator includes options for five more 787-9s LATAM plans to grow its 787 fleet to 52 airplanes by the end of the decade Boeing and LATAM Airlines Group, the leading passenger and cargo airline group in South America, have announced the purchase of 10 787 Dreamliners with options for five more airplanes. As the region's largest 787 operator, this latest order for fuel-efficient 787-9 jets increases LATAM's investment in one of the most modern fleets in Latin America. LATAM currently operates 37 787-8s and 787-9s and, including this latest order, expects to grow the fleet to 52 Dreamliners by 2030. The 787 enables the airline to maximize capacity on popular routes and [...]

2024-10-29T17:29:12+02:00October 29th, 2024|MANUFACTURERS, News|

Global aviation advances accessible air travel for 1.3 billion persons with disabilities according to ICAO

Source: ICAO Together the International Civil Aviation Organization (ICAO), Airports Council International (ACI) and the International Air Transport Association (IATA) will host The Symposium on Accessibility in International Civil Aviation from 2 to 3 December 2024 at ICAO Headquarters in Montréal, uniting governments, industry leaders and advocacy groups to tackle barriers to air travel faced by persons with disabilities or reduced mobility. Under the theme "Inclusive and Universally Accessible Air Transport for Persons with Disabilities and Reduced Mobility," the event will explore strategies to create a more accessible air transport system. Key discussion topics will include: International frameworks and policies for accessibility inclusion Barriers to air travel: architectural, technological, and informational Stories from passengers with disabilities Global collaboration on mutual [...]

2024-10-29T17:45:15+02:00October 29th, 2024|News, ORGANISATIONS|