Tag: airways (Page 2 of 21)

Norse Atlantic Airways launches ticket sales for new route between Paris and Los Angeles

September 6, 2023 / WIL BALDWIN

Norse Atlantic Airways (NORSE.OL), the pioneering low-cost long-haul airline, is thrilled to announce the commencement of ticket sales for its direct route between Paris and Los Angeles. This new service, operating six times a week, is set to commence on 1^stMay 2024 and is available to book immediately on www.flynorse.com

Flights depart Paris (CDG) at 16.15 and arrive at Los Angeles (LAX) at 19.05. Flights depart Los Angeles at 21.10 and arrive at Paris at 17.00 the following day. One way fares start from €319 in Economy and €665 in Norse Premium including all taxes.

Norse Atlantic exclusively operates Boeing 787 Dreamliner aircraft. The cabin offers passengers a relaxed and comfortable travel experience with each seat including a personal state of the art entertainment experience. Our Premium cabin offers an industry leading 43” seat pitch and 12” recline allowing passengers to arrive at their destination feeling refreshed and ready to explore their destination.

Norse Atlantic offers two cabin choices, Economy and Premium. Passengers can choose from a simple range of fares, Light, Classic and Flextra, that reflect the way that they want to travel, and which options are important to them. Light fares represent Norse’s value option while Flextra fares include the maximum baggage allowance, two meal services an enhanced airport and onboard experience and increased ticket flexibility.

ANA Expands SAF Flight Initiative Services for Air Cargo

September 5, 2023 / WIL BALDWIN

Tokyo, Japan, September 4, 2023 – All Nippon Airways (ANA), Japan’s largest and 5-Star airline for 10 consecutive years, is launching a new service in its SAF Flight Initiative, a program dedicated to reducing CO2 emission levels through the use of Sustainable Aviation Fuel (SAF). Through the new service, ANA will extend the SAF Flight Initiative offering to companies that use air cargo to transport and deliver products and provide a solution to visualize and reduce indirect CO2 emissions.

Launched in October 2021, the SAF Flight Initiative is one of ANA’s efforts to work with leading partners across a range of industries by supporting efforts to reduce emissions in the value chain as well as expand the production and use of SAF. Under the current cargo program, the SAF Flight Initiative is offered to logistics and freight companies that have a direct business contract with ANA. The new service will enable companies that use air cargo to transport products based on their track record, including factors like weight, volume and distance of transportation.

With the expansion of the SAF Flight Initiative to air cargo, ANA will continue to contribute to the realization of the environmental goals for participating companies and will promote the use of the SAF in cooperation with our partners.


How to Join	Enter into corporate agreement with ANA Details on how to register will be available on ANA’s SAF Flight Initiative website*
Certificate	Issuance of a CO2 reduction certificate verified by a third-party organization
Usage	Substantially reduce CO2 emissions from employee business trips, etc. (Category 6 of Scope 3)	Substantially reduce CO2 emissions from transportation and delivery of goods in the business value chain (Categories 4, 9 of Scope 3)
Other benefits	Listing of company name, corporate symbol, etc. as a SAF Flight Initiative partner

Fiji Airways Marks Significant Sustainability Milestone

September 4, 2023 / WIL BALDWIN

Fiji Airways, Fiji’s National Airline, is proud to announce a significant milestone on our journey towards a more sustainable future for aviation.

Today, Fiji Airways’ newest Airbus A350-900 XWB aircraft, named the Island of Vatulele, arrived into Nadi, Fiji from Singapore, having flown the entire 8,520 km journey powered by a Sustainable Aviation Fuel (SAF) blend.

This is the first time ever that Fiji Airways has operated a flight using a SAF blend.

Mr. Andre Viljoen, Fiji Airways Managing Director and CEO, said that this inaugural SAF blend – powered flight demonstrates Fiji Airways’ commitment to reducing its carbon footprint and ensuring a sustainable future for aviation.

Norse Atlantic Airways Q2 report shows strong growth momentum going into Q3 2023

September 1, 2023 / WIL BALDWIN

CEO, Founder and largest shareholder, Bjorn Tore Larsen:

“Q2 marked a significant period of ramping-up as we inaugurated new destinations in the US and Europe. Additionally, more of our fleet of fuel efficient Boeing 787 Dreamliners were brought into production. By the end of Q2 the airline had more than doubled capacity, with June being our first month of increased production, and notably our first month generating bottom line profits.

Q3 is expected to be our first financial quarter generating a profit. The move to profitability is driven primarily by having all 15 aircraft generating revenue for the first time, from July 1st; 10 of which are operating for Norse and five generating revenue through sublease income.

A milestone was passed during Q3 as we surpassed one million booked passengers. By providing affordable air fares on competitive and established routes to key primary airports and destinations, we allow more people to explore the world and enjoy the experience of long-haul travel whether for leisure or business. Norse will be the first truly low-cost profitable long-haul airline”.

For further information please see Q1 2023 report and company update presentation attached.

• Revenue increased by 152% quarter-on-quarter (“QoQ”) to USD 100.1 million

• 204,564 passengers carried, up 86% QoQ

• Revenue per passenger increased 89% QoQ to USD 422

• Available Seat Kilometres (ASK) up by 51% QoQ due to planned ramp-up as Norse brought more aircraft into production

• Positive EBITDAR of USD 2.2 million, the first positive EBITDAR on a quarterly basis since inception of the Company

• Intra-quarter Norse recorded its first profitable month (June) and continued positive momentum

into Q3

• Load factors showed strong development during the quarter, with monthly average load factors of 67%, 72% and 82% in April, May and June respectively. The positive development continued post quarter end with an average load factor of 85% in July

• USD 19.0 million cash generated from operations in the quarter, an increase of USD 39.8 million QoQ

• Total cash held at quarter end of USD 59.1 million

• As communicated in November 2022 in relation to a private placement at the time, Norse made good on its promise to shareholders that it would perform a repair offering, which it completed during the quarter, raising NOK 150 million gross (USD 14.1 million)

• Norse upgraded to Euronext Expand at Oslo Stock Exchange, a regulated market, during the quarter

• Heavy increase in production through Q3 compared to Q2 with all Norse aircraft generating revenue for the first time from 1st July 2023

ANA Announces Updates to the FY2023 Flight Schedule

August 31, 2023 / WIL BALDWIN

Tokyo, Japan, August 30, 2023 – All Nippon Airways (ANA) has announced updates to its flight schedule for fiscal year 2023 (FY2023). Beginning December 6, all roundtrips on the Narita-Honolulu route will be operated by the specially painted “FLYING HONU” Airbus A380 aircraft featuring Hawaiian inspired sea turtles. ANA will offer the most seat capacity on its Honolulu routes in its history, exceeding pre-COVID levels.
A summary of the recent update concerning the international flight schedule is given below.

Schedule for October 29, 2023 – March 30, 2024:

*1 No operation on 12/3 and 12/5. Flights on 12/4 will be operated.
*2 For flights departing from overseas, the dates of the implementation are the following day.
*3 For flights to/from Haneda airport, please check the ANA Application or website for departure and arrival terminals (Terminal 2 or 3).

Australia’s Qantas to secure new airplanes from both Airbus and Boeing

August 23, 2023 / WIL BALDWIN

(Reuters) – Australia’s Qantas Airways (OTC: QABSY) on Thursday announced an order for 24 widebody aircraft, the final piece of the company’s jet fleet renewal program, and said the move is aimed at replacing its current Airbus A330 and Airbus A380 aircraft.

The multi-billion dollar order is split between 12 Airbus (OTC: EADSY) A350’s and 12 Boeing (NYSE: BA) 787’s, which will arrive from fiscal 2027 and into the next decade, Qantas said.

As a part of the deals, …

Click the link below to read the full story!

https://finance.yahoo.com/news/qantas-secures-planes-airbus-boeing-231238987.html

JetBlue Announces Record and Payment Dates for Additional Prepayment to Spirit Stockholders of August 2023

August 15, 2023 / WIL BALDWIN

New York, NY, August 15, 2023 – (BUSINESS WIRE) – As previously announced, in connection with the Agreement and Plan of Merger, dated as of July 28, 2022 the “Merger Agreement”, by and among JetBlue Airways Corporation (NASDAQ: JBLU), Sundown Acquisition Corp., and Spirit Airlines, Inc. (NYSE: SAVE), JetBlue has set August 25, 2023, as the record date for the August 2023 prepayment to Spirit stockholders of $0.10 per Spirit share (the “August 2023 Additional Prepayment”), with payment of the August 2023 Additional Prepayment to occur on August 31, 2023. Pursuant to the Merger Agreement, Spirit stockholders as of the August 25, 2023, record date will be entitled to receive the August 2023 Additional Prepayment.

Norse Atlantic reports 85% load factor and continued strong summer demand for July

August 11, 2023 / WIL BALDWIN

Arendal, Norway, July 10, 2023: During July, Norse Atlantic Airways (NORSE.OL) recorded an aggregate load factor for the month of 85%, an increase of two per centage points compared to the previous month and the fifth month in row that the company has recorded an increase in load factor. Norse Atlantic Airways operated a total 524 flights, an increase of 173 flights compared to the previous month. 62.5 per cent of operated flights arrived within 15 minutes of the scheduled arrival time. The company operated 100 per cent of scheduled flights for the third consecutive month. Norse Atlantic carried 150,621 passengers in July, an increase of 53,594 compared to the previous month.

Norse Atlantic Airways announced the launch of new direct flights connecting Paris to Miami from 11th December 2023 and Berlin to Miami from 15th December 2023 as part of its upcoming winter schedule. With the addition of these new routes, Norse Atlantic Airways continues to strengthen its position as a leading carrier for European passengers seeking affordable winter sun destinations.

During the month Norse Atlantic surpassed the milestone of one million booked passengers since the launch of ticket sales in April 2023.

South African Airways Deepens footprint in the USA and Canada

August 6, 2023 / WIL BALDWIN

Johannesburg, August 6, 2023 – South African Airways (SAA) is expanding its reach into North America through the appointment of a General Sales Agent (GSA) for the region. The appointed agent, Discover the World (DTW) will sell passenger space on behalf of South Africa’s national flag carrier.

This partnership is expected to see the airline grow revenue across North America by raising awareness with more trade and corporate partners.

SAA’s Chief Executive Officer, Prof. John Lamola said the move is part of the airline’s long-term growth strategy that is yielding fruit. Prof. Lamola says activating the partnership with DTW in North America is another strong sign that the airline is regaining its international stature.

Embraer deliveries increase 47% in second quarter 2023

August 6, 2023 / WIL BALDWIN

Sao Jose dos Campos, Brazil, August 3, 2023 – Embraer (NYSE: ERJ) delivered a total of 47 jets in the second quarter of 2023, of which 17 were commercial aircraft and 30 were executive jets (19 light jets and 11 midsize jets). During the year, the company delivered a total of 62 aircraft (24 commercial and 38 executive). The second quarter deliveries were 47% higher than in the same period from 2022. In the first half of 2023, the volume has increased 35% compared to 2022, when 46 jets have been delivered. Compared to the second quarter of 2022, deliveries volume increased by 55% in Commercial Aviation and 43% in Executive Jets. The firm order backlog ended the period at US$ 17.3 billion.

In Commercial Aviation, American Airlines signed a firm order with Embraer for seven new E175’s. The aircraft will be operated by the subsidiary Envoy Air. With deliveries to begin 4Q23, Envoy’s fleet of E-Jets will grow to over 141 aircraft by the end of 2024. Embraer also received a firm order from Binter for six E195-E2’s, which will bring Binter’s E2 fleet to 16 jets when deliveries are completed. Four E175’s also began operations with Star Air, an Indian airline that already operates E-Jets. Star Air has also extended its Pool Program contract to include the E175’s in its fleet

Malaysia’s SKS Airways closed an agreement to add ten E195-E2 jets to its fleet. In addition, SKS joined the Pool Program to support aircraft to be operated in Southeast Asia. Scoot, a low-cost subsidiary of Singapore Airlines, is also adding nine E190-E2’s to its portfolio. And Royal Jordanian Airlines reached an agreement to introduce eight E190-E2 and E195-E2 jets into its operations, with deliveries starting in the 4Q23. All three agreements involved contracts with the leasing company Azorra.

Aerial view of the Singapore landmark financial business district at twilight sunset scene with skyscraper and beautiful sky. Singapore downtown

In Executive Aviation, NetJets signed a contract with Embraer for the acquisition of up to 250 Praetor 500 jet options. The deal is valued at more than US$ 5 billion, and deliveries are expected to begin in 2025.

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