AirlinesSpirit Airlines loses $287.9 million in the second quarter, will fly to Tegucigalpa “I thank our Team Members for their outstanding efforts as we work toward bringing our level of operations up to full utilization. In June 2021, we recorded our first month with adjusted net earnings since the onset of the COVID-19 pandemic. Due to our strategic execution and improving demand backdrop, our second quarter 2021 financial results were among the best in the industry,” said Ted Christie, Spirit’s President and Chief Executive Officer. “We remain very well-positioned to stimulate markets and capture the significant market opportunities in the domestic U.S. and near-field international marketplace.”
LinkAllegiant reports a profit in the second quarter “The second quarter marked the return of leisure demand to pre-pandemic levels,” stated Maurice J. Gallagher, Jr., chairman and CEO of Allegiant Travel Company. “Earnings per share came in at $5.49 on a year over two-year revenue decline of just 3.9 percent, with total revenue in June exceeding 2019 levels. We made significant progress towards achieving pre-pandemic unit revenues with TRASM of 10.36 cents (on a load factor of 70.8 percent), up 50 percent from the first quarter.
LinkUnited becomes the first U.S. airline to offer economy customers an option to pre-order snacks and beverages Starting today on select flights, all United customers – no matter what cabin of service they’re flying in – can use the airline’s award-winning mobile app and website to pre-order meals, snacks and beverages up to five days before they’re scheduled to travel. United is the first and only U.S. airline to offer economy customers the option to pre-order snacks and beverages, a reflection of the customer experience transformation underway at the airline.
LinkEuropean Commission approves state aid to Condor, Condor to resume flights to Canada The European Commission has found an aid package by Germany in favor of the airline Condor to be in line with EU State aid rules. The approval of the aid package, based on three separate Commission’s decisions, relates to two measures to compensate Condor for damages suffered as a result of the coronavirus outbreak, worth in total €204.1 million, and €321.2 million of restructuring support to enable Condor’s return to viability.
LinkEurowings to offer more flights from Stuttgart to more than 60 destinations with 15 based aircraft The summer holidays will soon begin in Baden-Württemberg. Over the past weeks and months, Eurowings and its employees on board and on the ground have been working intensively with their partners at Stuttgart Airport to prepare for the start of the most wonderful time of the year. After the long lockdown, the desire to travel is greater this summer than it has been for a long time.
LinkAkasa Air: India’s new ultra low cost airline? Richard Branson, the CEO of Virgin Group, famously said that “If you want to be a millionaire, start with a billion dollars and launch an airline.”
Unfortunately, the Indian aviation sector has been a testament to that after witnessing major airlines going bankrupt in the previous decades. Billionaire ace-investor Rakesh Jhunjhunwala is considering investing $35 million with 40% equity in the upcoming airline venture and plans to have 70 aircraft over the next four years.
LinkAlitalia’s successor ITA to increase capital by €700 million The new state-owned Italian air carrier Italia Transporto Aereo (ITA), which is about to proceed to active operations, received its shareholders’ approval for the increase of the company’s capital by €700 million.
On July 28, 2021, the shareholders of Alitalia's successor gave a green light to enlarge the airline‘s capital by €700 million, as was proposed by ITA’s Board of Directors. The move allows the new Italian airline to proceed forward to its awaited launch which is scheduled to happen on October 15, 2021.
LinkLong time no see: SIA A380 Superjumbo takes off to skies from storage A Singapore Airlines Airbus A380 wide-body was spotted taking off from Alice Springs. The sight has ignited the Superjumbo lovers’ hopes to fly the double-decker again, once it is returned to active service.
The Airbus A380 aircraft, registered as 9V-SKW, departed from Alice Springs (ASP), Australia, on July 28, 2021, at around 11.23 a. m (UTC). After more than a three-hour-long flight, it landed at New South Wales (NSW), the Flightradar24.com data shows. The almost 4-year-old wide-body jet was put in storage at Alice Springs in April 2020 due to a pandemic and has never taken off since, Radarbox.com data shows.
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