LAS VEGAS – March 8, 2021 – Low-fare carrier Frontier Airlines this week takes off with four new, nonstop routes to Las Vegas from El Paso, Texas; Little Rock, Arkansas; Oklahoma City, Oklahoma and Wichita, Kansas. Plus, later this month, Frontier begins nonstop service from McCarran International Airport (LAS) to two popular vacation destinations in Mexico: Los Cabos and Puerto Vallarta.
Frontier now offers 44 nonstop destinations from Las Vegas, including two international routes. The new flights to Mexico represent Frontier’s commitment to expanding travel opportunities to exciting destinations while maintaining its ‘Low Fares Done Right’ approach.
“We’re very excited bring more new flights to Las Vegas and offer an affordable travel option for folks from El Paso, Little Rock, Oklahoma City and Wichita to visit the Entertainment Capital of the World,” said Daniel Shurz, senior vice president of commercial, Frontier Airlines. “Frontier has quickly become a preferred airline in Las Vegas with an established crew base, robust flight schedule and ultra-competitive fares and we look forward to welcoming Nevadans on our two new international routes later this month to the sunny beaches of Los Cabos and Puerto Vallarta.”
Dallas, Texas March 4, 2021 – Lockheed Martin (NYSE: LMT) successfully tested its next-generation Extended-Range Guided Multiple Launch Rocket System (ER GMLRS) munition in an 80-kilometer flight demonstration at White Sands Missile Range, New Mexico. During the flight test, the ER GMLRS round was fired from the U.S. Army’s High Mobility Artillery Rocket System (HIMARS®) launcher, built by Lockheed Martin, meeting test objectives. The demonstration confirmed the missile’s flight trajectory performance, range and validated interfaces with the HIMARS launcher and system software performance.
Lockheed Martin has produced more than 50,000 GMLRS rounds and is under contract to produce more than 9,000 new GMLRS unitary and alternative-warhead rockets, more than 1,800 low-cost reduced-range practice rockets and integrated logistics support for the U.S. Army and international customers. The systems are produced at its Precision Fires Center of Excellence in Camden, Arkansas.
For more than 40 years, Lockheed Martin has been the leading designer and manufacturer of long-range, surface-to-surface precision strike solutions, providing highly reliable, combat-proven systems like MLRS, HIMARS, ATACMS and GMLRS to domestic and international customers.
Southwest Airlines Company (NYSE: LUV) today was named to Newsweek’s list of America’s Best Loyalty Programs 2021 for its Rapid Rewards®program. Southwest Airlines® was recognized under the Low-Cost Airlines subcategory.
“Our Rapid Rewards program is designed to create value, flexibility, and ease for our Members—rewarding them for their loyalty and for making everyday purchases,” said Jonathan Clarkson, Managing Director of Loyalty, Partnerships and Products at Southwest Airlines. “Southwest Airlines is thrilled to be named to Newsweek’s list for Best Loyalty Programs in America.”
America’s Best Loyalty Programs 2021 were selected based on an independent survey from a vast sample of more than 4,000 U.S. customers who are members of loyalty programs of retailers or service providers in the United States. Customers were given the opportunity to evaluate various loyalty programs: in total around 16,000 evaluations were collected. Customers were asked whether they would recommend brands to friends or family, as well as assess brands in the following areas: Ease & Enjoyment, Benefit, Overall Satisfaction, Support, and Trust.
The carrier’s Rapid Rewards program gives Members a chance to earn points by flying or spending with Southwest’s partners. Visit Southwest.com/RapidRewards for information on the program and the latest offers.
Due to winter weather in Texas, Delta Airlines (NYSE: DAL) has extended the previously issued travel waiver– now effective Feb. 15-17, 2021. Customers with an original ticket issue date on or before Feb. 16, 2021, are eligible for this waiver.
Adding an additional Nine Special Limited Routes For Sturgis Rally 2021
LAS VEGAS, Feb. 9, 2021 /PRNewswire/ — Allegiant (NASDAQ: ALGT) today announces 34 new nonstop routes, including nine special limited routes for the Sturgis Rally 2021. To celebrate, Allegiant is offering one-way fares on the new routes as low as $39.*
Additionally, Allegiant will offer nine special limited routes to Rapid City, S.D. via Rapid City Regional Airport (RAP) with one-way fares as low as $99.* The routes will provide an affordable option to those who plan to attend the annual City of Sturgis Motorcycle Rally in August.
The new routes to Austin-Bergstrom International Airport (AUS) include:
Bentonville, Arkansas via Northwest Arkansas National Airport (XNA) – beginning July 2, 2021 with one-way fares as low as $49.*
Bozeman, Montana via Bozeman Yellowstone International Airport (BZN) – beginning May 27, 2021 with one-way fares as low as $59.*
The new routes to Boston Logan International Airport (BOS) include:
Norfolk, Virginia via Norfolk International Airport (ORF) – beginning May 28, 2021 with one-way fares as low as $39.*
Indianapolis, Indiana via Indianapolis International Airport (IND) – beginning May 28, 2021with one-way fares as low as $49.*
The new routes to Bozeman Yellowstone International Airport (BZN) include:
Austin, Texas via Austin-Bergstrom International Airport (AUS) – beginning May 27, 2021with one-way fares as low as $59.
Oakland, Californiavia Oakland International Airport (OAK) – beginning May 28, 2021 with one-way fares as low as $49.
San Diego, Californiavia San Diego International Airport (SAN) – beginning June 3, 2021with one-way fares as low as $49.
The new routes from Des Moines International Airport (DSM) include:
Houston, Texas via William P. Hobby Airport (HOU) – beginning July 1, 2021 with fares as low as $59.*
San Diego, California via San Diego International Airport (SAN) – beginning July 1, 2021with fares as low as $59.*
Portland, Oregon via Portland International Airport (PDX) – beginning July 1, 2021 with fares as low as $59.*
The new routes to Destin-Fort Walton Beach Airport (VPS) include:
Asheville, North Carolina via Asheville Regional Airport (AVL) – beginning May 27, 2021with fares as low as $39.*
St. Cloud, Minnesota via St. Cloud Regional Airport (STC) – beginning June 6, 2021 with one-way fares as low as $79.*
Clarksburg, West Virginia via North Central West Virginia Airport (CKB) – beginning May 26, 2021 with one-way fares as low as $49.*
The new routes to William P. Hobby Airport (HOU) include:
Springfield, Missouri via Springfield-Branson National Airport (SGF) – beginning May 28, 2021 with one-way fares as low as $59.*
Lexington, Kentucky via Blue Grass Airport (LEX) – beginning June 3, 2021 with one-way fares as low as $59.*
The new routes from Indianapolis International Airport (IND) include:
Boston, Massachusetts via Boston Logan International Airport (BOS) – beginning May 28, 2021 with fares as low as $49.*
Los Angeles, California via Los Angeles International Airport (LAX) – beginning May 28, 2021 with fares as low as $69.*
The new routes to Los Angeles International Airport (LAX) include:
Indianapolis, Indiana via Indianapolis International Airport (IND) – beginning May 28, 2021with fares as low as $69.*
Omaha, Nebraska via Omaha Eppley Airfield (OMA) – beginning June 4, 2021 with fares as low as $69.*
Rapid City, South Dakota via Rapid City Regional Airport (RAP) – beginning June 4, 2021with fares as low as $79.*
Shreveport, Louisiana via Shreveport Regional Airport (SHV) – beginning July 2, 2021 with fares as low as $79.*
The new routes to Nashville International Airport (BNA) include:
Albany, New York via Albany International Airport (ALB) – beginning May 14, 2021 with one-way fares as low as $49.*
McAllen, Texas via McAllen International Airport (MFE) – beginning May 27, 2021 with one-way fares as low as $69.*
Portsmouth, New Hampshire via Portsmouth International Airport (PSM) – beginning May 27, 2021 with one-way fares as low as $69.*
Boise, Idahovia Boise International Airport (BOI) – beginning May 28, 2021 with one-way fares as low as $69.*
The new routes to Portland International Airport (PDX) include:
Billings, Montana via Billings Logan International Airport (BIL) – beginning May 7, 2021with fares as low as $59.*
Missoula, Montana via Missoula International Airport (MSO) – beginning May 7, 2021 with fares as low as $59.*
Grand Rapids, Michigan via Gerald R. Ford International Airport (GRR) – beginning June 4, 2021 with fares as low as $79.*
Des Moines, Iowa via Des Moines International Airport (DSM) – beginning July 1, 2021 with one-way fares as low as $59.*
The new routes to San Diego International Airport (SAN) include:
Bozeman, Montanavia Bozeman Yellowstone International Airport (BZN) – beginning June 3, 2021 with one-way fares as low as $49.*
Kalispell, Montana via Glacier Park International Airport (FCA) – beginning May 28, 2021with one-way fares as low as $49.*
Mesa, Arizona via Phoenix-Mesa Gateway Airport (AZA) – beginning May 27, 2021 with one-way fares as low as $39. *
Pasco, Washington via Tri-Cities Airport (PSC) – beginning May 28, 2021 with one-way fares as low as $59.*
Des Moines, Iowa via Des Moines International Airport (DSM) – beginning July 1, 2021 with one-way fares as low as $59.*
The new routes from North Central West Virginia Airport (CKB) include:
Destin, Floridavia Destin-Fort Walton Beach Airport (VPS) – beginning May 26, 2021 with one-way fares as low as $49.*
Chicago, Illinois via Midway International Airport (MDW) – beginning June 3, 2021 with one-way fares as low as $39.*
The new route from Appleton, Wis. via Appleton International Airport to Savannah, Ga. via Savannah/Hilton Head International Airport (SAV) begins May 28, 2021 with fares as low as $49.*
The new route from Concord, N.C. via Concord-Padgett Regional Airport (USA) to Sarasota, Fla.via Sarasota-Bradenton International Airport (SRQ) begins May 28, 2021 with fares as low as $49.*
The new route from Bangor, Maine via Bangor International Airport (BGR) to Fort Lauderdale, Fla. via Fort Lauderdale-Hollywood International Airport (FLL) begins May 28, 2021 with faresas low as $79.*
The new route from Cincinnati/Northern Kentucky International Airport (CVG) to Key West, Fla.via Key West International Airport (EYW) begins June 9, 2021 with fares as low as $59.*
The new nonstop route from Bill and Hillary Clinton National Airport (LIT) to St. Petersburg, Fla., via St. Pete–Clearwater International Airport (PIE) begins May 27, 2021 with fares as low as $59.*
Special limited routes to Rapid City Regional Airport (RAP) for Sturgis Rally 2021 include:
Appleton, Wisconsin via Appleton International Airport (ATW) – beginning Aug. 4, 2021with fares as low as $99.*
Indianapolis, Indiana via Indianapolis International Airport (IND) – beginning Aug. 4, 2021with fares as low as $99.*
Peoria, Illinois via General Wayne A.Downing Peoria International Airport (PIA) – beginning Aug. 4, 2021 with fares as low as $99.*
Nashville, Tennessee via Nashville International Airport (BNA) – beginning Aug. 4, 2021with fares as low as $99.*
Pittsburgh, Pennsylvania via Pittsburgh International Airport (PIT) – beginning Aug. 5, 2021 with fares as low as $99.*
Grand Rapids, Michigan via Gerald R. Ford International Airport (GRR) – beginning Aug. 4, 2021 with fares as low as $99.*
Orlando/Sanford, Florida via Orlando Sanford International Airport (SFB) – beginning Aug. 5, 2021 with fares as low as $99.*
Knoxville, Tennessee via McGhee Tyson Airport (TYS) – beginning Aug. 4, 2021 with fares as low as $99.*
Punta Gorda, Florida via Punta Gorda Airport (PGD) – beginning Aug. 6, 2021 with fares as low as $99.*
Flight days, times and the lowest fares can be found only at Allegiant.com
KANSAS CITY, Mo.–(BUSINESS WIRE)– Kansas City Southern (KCS or the Company) (NYSE: KSU) announced that its Board of Directors approved at its meeting today a 23% increase in the quarterly dividend on KCS’s common stock, from $0.44 to $0.54 per share. The board declared a common stock dividend at this increased amount payable on April 7, 2021, to common stockholders of record at the close of business on March 8, 2021.
The increase in the quarterly dividend on KCS’s common stock aligns with the Company’s approach to maintaining a target payout ratio in the low 20% range. This approach was communicated in a November 2020 press release as part of KCS’s updated capital allocation policy, and it represents the Company’s commitment to returning capital to its stockholders.
Also at today’s meeting, the Board of Directors declared a regular dividend of $0.25 per share on the outstanding KCS 4% non-cumulative preferred stock. The dividend is payable on April 6, 2021 to preferred stockholders of record at the close of business on March 8, 2021.
The Board of Directors also set the Annual Meeting of Stockholders to be held on Thursday, May 20, 2021. Stockholders of record of KCS’s common stock and KCS’s 4% non-cumulative preferred stock as of March 22, 2021, will be entitled to notice of the meeting and to vote at such meeting.
Headquartered in Kansas City, Mo., Kansas City Southern (KCS) (NYSE: KSU) is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holding is The Kansas City Southern Railway Company, serving the central and south central U.S. Its international holdings include Kansas City Southern de Mexico, S.A. de C.V., serving northeastern and central Mexico and the port cities of Lázaro Cárdenas, Tampico and Veracruz, and a 50 percent interest in Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal. KCS’ North American rail holdings and strategic alliances are primary components of a railway network, linking the commercial and industrial centers of the U.S., Mexico and Canada. More information about KCS can be found at www.kcsouthern.com
KANSAS CITY, Mo.–(BUSINESS WIRE)– Kansas City Southern (NYSE: KSU) announced today that it has entered into a joint agreement with NorthPoint Development to develop the master planned Wylie Logistics Park in Wylie, Texas, located adjacent to KCS’ David L. Starling Wylie Intermodal Terminal.
The Wylie Logistics Park offers 2.4 million square feet of potential building capacity for traditional warehousing and distribution; industrial grade amenities; dual feed electrical system with redundant power; as well as a heavy-haul road network comprised of direct access to Highway 78 and the interstate system, air and seaports, and a state-of-the-art intermodal terminal.
“KCS is pleased to enter into this agreement with NorthPoint Development for the Wylie Logistics Park,” said KCS vice president chemical and energy products Ginger Adamiak, who also leads the company’s industrial development team. “Wylie is part of the Dallas metro area, the fourth fastest growing industrial market in the U.S., and Wylie offers a business-friendly environment, low taxes and a double free port exemption.”
“We are extremely bullish on the opportunities that the Wylie Logistics Park offers,” said NorthPoint Development president/founding partner Chad Meyer. “Wylie is a supportive, pro-business municipality partnering with a unique Class I intermodal facility that has the best direct connectivity to the growing east coast ports. Couple this with exceptional demographics from an eCommerce demand and the great labor pool that this development requires and you have all of the ingredients for a very successful project.”
KCS’ Wylie Intermodal Terminal opened in 2015 and expanded in 2018. It now offers track capacity of 19,000 feet and annual lift capacity of 342,000, resulting in fluid and efficient availability of containers and improved on-time arrivals and departures. The terminal also boasts 1,800-wheeled parking spaces (with room to expand); 300 container stack spots; an Automated Gate System (AGS) with high definition imagery; optical character recognition and biometric driver identification; enhanced traffic signals and specific turn lanes.
“The Wylie Logistics Park is ideal for customers looking to combine logistics and real estate in one location,” said KCS vice president intermodal and automotive Rodrigo Flores. “Locating in the park will provide tenants and customers significant cost savings by reducing drayage from ramp to facility and providing quick access to the regional interstate network. Customers will also enjoy the environmental benefits of intermodal transportation and connectivity to other intermodal and port facilities on KCS’ U.S. and Mexico rail network.”
Taos Air has announced that it will suspend all planned Winter flights during the 2020/2021 ski season due to the coronavirus pandemic.
Hopefully, we will see the return of this popular service connecting California and Texas with the Taos Valley ski area in New Mexico when the winter 2021/2022 season starts?
Mesa Air Group, Inc. (NASDAQ: MESA) today announced that it has completed a second closing through its previously disclosed five-year Loan and Guarantee Agreement under the Coronavirus Air, Relief, and Economic Security Act (CARES Act).
The Loan Agreement provided a secured term loan facility of up to $200 million. On October 30, 2020, Mesa borrowed $43 million under the facility and today, completed a second closing to borrow an additional $152 million. These funds may be used for general corporate purposes and operating expenses, to the extent permitted by the CARES Act.
“I’d like to again express my sincere gratitude to everyone involved in making this deal happen. Our people have been working very hard to ensure Mesa and its employees are prepared to weather this storm”, said Jonathan Ornstein, Chairman and Chief Executive Officer. “These additional funds will substantially benefit our airline and the communities we serve as we continue to navigate the obstacles created by the pandemic”.
In connection with the additional $152 million drawn under the facility, Mesa issued warrants to the U.S. Treasury to purchase 3,819,095 shares of common stock, no par value. The Warrants have a five-year term from the date issued, were issued pursuant to the Warrant Agreement, and have substantially identical terms to the warrants issued on the initial closing.
