/News

Viva Aerobus: Resilient Business Model and Disciplined Capacity Management Delivering Profitability in a Challenging Environment

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 2024 financial results. Juan Carlos Zuazua, Chief Executive Officer, commented: “I am extremely proud of our Gente Viva, who have been navigating the P&W engine recall crisis and extreme weather events with the utmost commitment to protecting our passengers, employees, and our business. Despite facing one of the most challenging operational environments in recent memory, our resilient and flexible ULCC business model and disciplined capacity management have allowed us to continue our profitability path on a net income basis. While our unit costs continue to feel pressure from the P&W engine inspections due to [...]

2024-10-25T20:39:37+03:00October 25th, 2024|AIRLINES, News|
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TSA announces final rule that enables the continued acceptance of mobile driver’s licenses at airport security checkpoints and federal buildings

Source: TSA Rule allows for continued use of mobile driver's licenses for identity verification in support of REAL ID enforcement, which starts on May 7, 2025 Consistent with the Transportation Security Administration's (TSA) efforts to enhance the passenger experience, TSA published a final rule in the Federal Register that would allow passengers to continue using mobile driver's licenses (mDL) for identity verification at TSA airport security checkpoints once REAL ID enforcement begins on May 7, 2025. The final rule, effective November 25, 2024, allows states to apply to TSA for a temporary waiver of certain REAL ID requirements written in the REAL ID regulations. Once approved, those state mDLs will continue to be accepted at TSA airport security checkpoints. TSA [...]

2024-10-25T20:52:58+03:00October 25th, 2024|News, ORGANISATIONS|
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Houston Airports secures $9.6 million in federal funding for upgrades at Bush Airport

Source: Houston Airports The U.S. Department of Transportation’s Federal Aviation Administration (FAA) awarded Houston Airports and George Bush Intercontinental Airport (IAH) $9.6 million under the Airport Terminal Program, funded by the Bipartisan Infrastructure Law. The grant money will fund the reconstruction of the post-security Skyway people mover system at George Bush Intercontinental Airport (IAH) to improve ADA access and increase the efficient movement of passengers and baggage among the airport’s five terminals. This grant will also fund the reconstruction of the existing terminal people mover railway infrastructure between Terminals A and B, which has reached the end of its useful life. Bush Airport’s infrastructure improvement project is one of 128 projects selected at 125 airports for $970 million in federal [...]

2024-10-25T20:56:00+03:00October 25th, 2024|AIRPORTS, News|
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G20 Ministers show strong recognition for ICAO’s aviation decarbonization initiatives 

Source: ICAO The recent G20 Energy Transitions Ministerial Meeting held in Foz do Iguaçu, Brazil, from 1 to 4 October 2024, gave significant recognition to ICAO for its efforts to decarbonize the aviation sector. ICAO Secretary General Juan Carlos Salazar actively participated in the event, emphasizing the critical role of aviation's clean energy transition in the global energy landscape and advocating for ICAO's ongoing initiatives to the G20 Energy Ministers. At the Roundtable on "Unlocking Future Fuels" earlier this mopnth, Mr. Salazar emphasized the importance of sustainable aviation fuels and clean energies in achieving ICAO's Long-Term Global Aspirational Goal (LTAG) of net-zero carbon emissions by 2050. "We are already witnessing significant progress across the fuel industry value chain, and this [...]

2024-10-24T16:42:36+03:00October 24th, 2024|News, ORGANISATIONS|
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United Launches Largest Winter Schedule Ever with a Focus on Latin America, Africa & Southern Europe, Plus Ski and Sun Destinations Across the U.S.

Source: United Airlines United will operate nearly 4,600 flights per day during peak winter season, adding flights at more than 140 U.S. airports and inaugurating service to four new international destinations United continues its growth in Latin America as the airline expects to be nearly 10% larger this winter compared to last year United expects its busiest-ever winter season with growing international demand United's winter schedule officially launches on October 24 with the addition of nonstop service to Marrakesh, Morocco After a record-setting summer season with nearly 48 million customers traveling with United, today the airline makes it even easier for customers to keep adventuring as temperatures cool down. United is flying its largest winter schedule in company history* with [...]

2024-10-24T15:54:40+03:00October 24th, 2024|AIRLINES, News|
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Star Alliance Management Team Firmly Focused on Seamless Customer Experience

Source: Air Canada Welcomes Ambar Franco as Vice President, Customer Experience to reinforce commitment to diverse leadership and industry expertise Together with CEO Theo Panagiotoulias, key executives committed to realising the vision of an effortlessly connected world Star Alliance, the world's leading global airline alliance, firmed up its key management appointments aimed at further enhancing its strategic focus on a seamless experience for member airline customers as they benefit from the Star Alliance network. Ambar Franco joins Star Alliance as Vice President, Customer Experience. Franco will lead the development and implementation of initiatives designed to enhance the overall customer journey across the alliance: their booking experience, the experience of customers at airports and when they connect between Star Alliance member [...]

2024-10-24T15:51:03+03:00October 24th, 2024|AIRLINES, News, ORGANISATIONS|
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American Airlines reports third-quarter 2024 financial results

Source: American Airlines American Airlines Group Inc. today reported its third-quarter 2024 financial results, including: Record third-quarter revenue of $13.6 billion. Third-quarter net loss of $149 million, or ($0.23) per share. Excluding net special items1, third-quarter net income of $205 million, or $0.30 per diluted share. Led U.S. network carriers in third-quarter completion factor. Ended the third quarter with $11.8 billion of total available liquidity. On track to reduce total debt2 from peak levels by $15 billion by year-end 2025. Full-year adjusted earnings per diluted share3 expected to be between $1.35 and $1.60. “The American Airlines team continues to focus on running a reliable operation and managing costs across the airline,” said American’s CEO Robert Isom. “We have taken aggressive [...]

2024-10-24T16:01:01+03:00October 24th, 2024|AIRLINES, News|
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Delta’s new cabin design enhances customer experience and showcases the future of flying

Source: Delta Air Lines New cabin design enhances customer experience and showcases the future of flying with Delta. Debuting on a narrowbody Boeing 757 aircraft that will begin flying on domestic and short haul international routes later this fall, followed by a widebody Airbus A350 in early 2025. A new cabin interior is on the horizon at Delta. Debuting this fall ahead of Delta’s centennial anniversary, the modern new design will bring substantial improvements to the airline’s aircraft interiors. From fresh seating materials, enhanced lighting and a renewed color palette, to new decorative motifs and signature branding, every aspect of the cabin interior has been carefully planned and thoughtfully redesigned to elevate the travel experience. “Delta has a 100-year history [...]

2024-10-24T16:09:09+03:00October 24th, 2024|AIRLINES, News|
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Boeing Reports Third Quarter Results

Source: Boeing Third Quarter 2024 Financials reflect impacts of the International Association of Machinists and Aerospace Workers (IAM) work stoppage and previously announced charges on commercial and defense programs Revenue of $17.8 billion, GAAP loss per share of ($9.97) and core (non-GAAP)* loss per share of ($10.44) Operating cash flow of ($1.3) billion and free cash flow of ($2.0) billion (non-GAAP)* Total company backlog of $511 billion, including over 5,400 commercial airplanes Table 1. Summary Financial Results Third Quarter Nine Months (Dollars in Millions, except per share data) 2024 2023 Change 2024 2023 Change Revenues $17,840 $18,104 (1) % $51,275 $55,776 (8) % GAAP Loss from operations ($5,761) ($808) NM ($6,937) ($1,056) NM Operating margins (32.3) % (4.5) % NM (13.5) % [...]

2024-10-23T19:38:36+03:00October 23rd, 2024|MANUFACTURERS, News|
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Air Canada and airBaltic Announce Codeshare Agreement Expanding Connectivity Between Canada and Northern Europe

Source: Air Canada Air Canada's code added on 10 routes operated by airBaltic to Riga, Tallinn, Vilnius airBaltic's code added on Air Canada's routes between Canada and Copenhagen, Amsterdam and Stockholm Air Canada and airBaltic today announced a codeshare agreement* providing customers additional, convenient travel options when flying between Canada and Europe's Balticstates. Effective for travel beginning November 6, 2024, Air Canada's marketing code will be placed on 10 routes operated by airBaltic, enabling customers to travel conveniently to Latvia, Estonia and Lithuania on a single ticket. The routes include the capital cities of Vilnius (Lithuania), Riga (Latvia) and Tallinn (Estonia) from several European gateways, including Copenhagen, Amsterdam and Stockholm. Also effective for travel beginning November 6, 2024, airBaltic's marketing [...]

2024-10-23T19:33:07+03:00October 23rd, 2024|AIRLINES, News|
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