All articles by Pilar Wolfsteller – Page 37
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Archer co-founder Adcock resigns from board weeks after leaving CEO post
Archer Aviation co-founder Brett Adcock has resigned from the company’s board of directors effective immediately, less than three weeks after he stepped down from the co-chief executive post.
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Corporate travel, cargo drives Azul’s earnings higher
Brazil’s Azul reported sharply higher revenue during the first quarter of 2022 as corporate travel increases and the company’s logistics business thrives.
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Breeze introduces routes in the western USA
Breeze Airways is adding the Salt Lake City area to its route map as it launches flights within the western USA.
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Sun Country reports profit as scheduled service demand soars
Sun Country Airlines has reported a first-quarter profit as customer demand in its scheduled service segment grew quickly following an Omicron-driven dip early in the year.
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Atlas’ long-term dedicated-freighter contracts drives higher earnings
Atlas Air Worldwide Holdings, the parent of Atlas Air, says long-term contracts for dedicated freighter capacity are fueling growth and profits, and driving fleet expansion.
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Spirit cites anti-trust ‘red flags’ in rejecting JetBlue bid
A myriad of anti-trust issues convinced Spirit Airlines’ board to reject JetBlue Airways’ offer to acquire it, and to pursue the original proposal from Frontier Airlines.
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Spirit Airlines doubles revenue in Q1, saw ‘dramatic improvement’
Spirit Airlines doubled sales in the first quarter as demand trends showed a “dramatic improvement” in the later part of the period.
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Allegiant experiences ‘busiest and best Spring ever’
Allegiant Travel Company, the parent of Allegiant Air, expects “substantial opportunities” to propel its earnings during 2022 as it experienced the “busiest and best Spring ever”.
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Spirit confirms it rejected JetBlue’s offer due to anti-trust concern
Spirit Airlines confirms it declined JetBlue Airways’ takeover bid due to concern that the proposed merger would not receive Department of Justice (DOJ) anti-trust clearance.
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Avelo may expand eastern US network to Wilkes-Barre/Scranton
Avelo Airlines may expand its eastern US network to include Wilkes-Barre/Scranton iInternational airport, about 115 miles (xxxkm) north of Philadelphia.
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SkyWest ‘working with’ charter operators to cover EAS routes
SkyWest Airlines is “working with” charter operators that could take over some of the Essential Air Service (EAS) routes that it intends to cut owing to a shortage of flight deck personnel.
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SkyWest revenue, block hours rise in first quarter
SkyWest Airlines saw revenue and block hours rise as demand for regional services increased during the first quarter.
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Frontier Q1 earnings took hit from Omicron, weather and ATC delays
Ultra-low-cost carrier Frontier Airlines says customer demand is “on a solid path to recovery” after first quarter earnings took a hit from Covid-19’s Omicron variant coupled with air traffic snarls and weather issues in Florida.
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Southwest Airlines aims to be ‘solidly profitable’ in 2022
Southwest Airlines hopes to be “solidly profitable” for the full year as the company bounces back from a rocky first quarter.
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Domestic revenue boosts Gol’s Q1 earnings
Domestic sales boosted Brazil’s Gol airlines’ first quarter earnings as it finalised a codeshare agreement with American Airlines and launched a cargo collaboration.
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Full domestic recovery drives Aeromexico’s Q1 revenue
Grupo Aeromexico, the parent company of Mexico’s legacy carrier Aeromexico says a total domestic recovery – coupled with a significant jump in international markets – has helped it almost double revenue during the first quarter.
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Volaris ‘well-positioned’ for a successful summer travel season
Ultra-low-cost carrier Volaris anticipates lower coronavirus infections and ongoing strong demand for leisure travel to Mexico will make for a successful summer season.
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Archer and United form advisory committee for eVTOL operations
Archer Aviation and United Airlines have formed a joint electric vertical take-off and landing (eVTOL) advisory committee for the future air taxi operations.
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Hawaiian projects record domestic demand in Q2
Hawaiian Airlines expects record revenue from its domestic operations in the second quarter of 2022, as well as an increase in international demand as the year progresses and travel rules are eased.
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Air Canada Q1 ends on positive note, upward trajectory continues
Air Canada says that after an Omicron-fuelled dip in the first weeks of the year, the first quarter of 2022 ended on a positive note, and it expects that momentum to continue.