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Maersk introduces new digital solution for Air Freight booking

Mumbai, Maharashtra, India – A.P. Moller – Maersk AS (US-OTC: AMKBY), as a part of its integrated logistics solutions, has launched a fully digital solution for customers willing to purchase air freight solutions. The new online solution available on Maersk.com provides customers with an option to book their air cargo requirements through a simple online tool that will provide customers with instant prices for as many as 70,000 connections between virtually all relevant airports globally. With the launch of this new solution, Maersk takes further steps towards connecting and truly simplifying its customers’ supply chains.

Maersk’s air freight cargo coverage extends to 70,000 airport pairings across more than 90 countries around the world. Being a fully online solution, the platform also allows the customer to book cargo movement for any of the 70,000 airport pairings from anywhere in the world.

Maersk’s air freight solutions offer cargo movement from most of India’s international airports. Combined with Maersk’s integrated logistics solutions that include a robust hinterland coverage of distribution network, Maersk allows such cargo movement to and from 80% of India’s postal/ZIP codes with end-to-end pick-up and deliveries.

Customers can also add Maersk Customs Services for seamless customs clearance and track their cargo from anywhere, at any time.

Forward-Looking Statements

This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

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A.P. Moller – Maersk expands global air freight services with Los Angeles air cargo gateway

Los Angeles, California, October 3, 2023 – A.P. Moller – Maersk A/S A (Copenhagen: MAERSKa) has inaugurated a new 130,000 square foot air freight import/export gateway near Los Angeles International Airport (LAX) that offers direct planeside recovery with immediate unit load device (ULD) transfers. The west coast facility complements Maersk’s growing north American network of air cargo gateways, including Atlanta and Chicago which have been stood up in the last 12 months.

The new facility is just 15 miles from LAX and less than nine miles from the Port of Long Beach. Site staffing will be in place for the conduct of customs brokerage, commercial sales, and freight operations such as LCL transload. This site is U.S. Customs bonded Container Freight Station (CFS) and a U.S. Transportation Security Administration (TSA) Certified Cargo Screening Facility (CCSF). This ensures timely and secure air freight handling. The facility is scheduled to attain Free Trade Zone status in 2024 to benefit from lower duties, reduced processing fees, and faster movement of goods.

The opening of the Los Angeles facility is the latest step in Maersk’s North American air freight capacity expansion program that extends across strategic cargo entry points and is aligned to customer demand. The new capacity allows for more supply chain integration opportunities and better scaling to care for seasonal peaks as well as market driven volume spikes for breakout product launches.

LAX is one of the busiest airports in the world for both passenger traffic and cargo handling and is a major gateway between the U.S. and the Asia-Pacific region. According to Los Angeles World Airports, LAX ranks among the top 5 airports in the U.S. by tonnage. Los Angeles is a leading high-technology center for the nation in the entertainment, electronics, biomedical, computers, and aerospace industries.

 

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

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

Virgin Australia wheels out country’s first airline baggage tracking tool

Virgin Australia will launch the country’s first-ever airline baggage tracking tool across more than two thirds of its domestic network tomorrow, allowing guests to know where their bag is at every step of the journey.

With digital tracking now part of everyday life, Virgin Australia’s new seamless travel experience is the latest instalment of the airline’s broader transformation program.

The tool, which has been two years in the making, comes as lost baggage remains a pain point for travellers across the globe. Despite this, Virgin Australia far outperforms the industry average for mishandled baggage, with a mishandled baggage rate of around 1.5 per 1,000 guests – five times better than the last recorded industry average.

The first-to-market technology is set to free guests from the fear of losing their bags next time they fly, with Virgin Australia anticipating a rise in guests checking in baggage as a result of the new tracking tool.

Initially piloted in May 2023, the tracking tool will be available on most domestic routes between major airports, including Sydney-Melbourne, Brisbane-Sydney, Melbourne-Gold Coast, Melbourne-Hobart, Adelaide-Melbourne, Sydney-Sunshine Coast, and more (refer Notes to Editor). The airline’s remaining domestic network, including select services departing Perth, are expected to feature the tracking tool soon.

TUI River Cruises launches Nile River cruise with fourth ship the TUI Al Horeya

TUI (London: TUI) River Cruises has announced a brand-new River Nile cruise set to commence in Winter 2024 with exclusive TUI charter flights to Luxor from London Gatwick and Manchester Airports. The exciting expansion means that the river cruise line will add a fully refurbished five-star ship, to be named TUI Al Horeya, which means ‘freedom’, to operate seven-night, all-inclusive round-trip sailings from Luxor. TUI Al Horeya can accommodate 145 passengers and offers 74 cabins including singles, standard cabins and suites.

Two flights per week will operate from London Gatwick and Manchester to Luxor; a city which encompasses a mesmerizing blend of history, architecture, and culture. The new routes is exclusive to TUI, which will be the only tour operator to offer direct, non-stop flights from the UK to Luxor which will operate weekly on a Thursday from 7th November 2024 until 24th April 2025.

Dedicated licenced Egyptologists will be on hand throughout the trip to enhance the customer experience to be on hand to answer any questions. The modern and contemporary ship will boasts a top deck swimming pool, two whirlpools, an entertainment area, restaurant, Al Fresco dining, lounge bar, wellness studio and a boutique shop.

Like the rest of the fleet, TUI Al Horeya will include a day and night entertainment programme, as well as offering customers a wide range of excursions which have been curated by industry experts, guaranteed to transport visitors back in time to the era of pharaohs and dynasties.

American Airlines announces commercial redevelopment of Terminal 8 at John F. Kennedy International Airport

FORT WORTH, Texas – American Airlines (NASDAQ: AAL), in partnership with the Port Authority of New York and New Jersey and Unibail-Rodamco-Westfield (URW) Airports, today announced a $125 million commercial redevelopment program for Terminal 8 at John F. Kennedy International Airport (JFK). The project will feature a new Great Hall and is expected to bring more than 60 new shopping and restaurant offerings to the terminal. With an emphasis on locally owned and diverse businesses that will create economic opportunities for the community, the new program will showcase New York’s world-renowned culinary scene and establish a unique sense of place for travelers.

Following the recent completion of a $400 million expansion of Terminal 8, the commercial redevelopment will further enhance the customer experience at the terminal with a complete redesign and expansion of the concessions program, including dining, retail, duty-free shopping, performance space and new digitally enabled experiences for American’s customers.

Terminal 8 has also become a world-renowned gateway for American’s oneworld partners. Within the past year, British Airways, Iberia and Japan Airlines relocated operations and Qantas returned service to Terminal 8.

American selected JFK T8 Innovation Partners, a joint venture led by URW, to lead the redevelopment. URW is an owner, developer and operator of sustainable, high-quality real estate assets across Europe and the U.S. Also joining the T8 Partners team, with a 30 percent equity stake, is Phoenix Infrastructure Group, a minority-owned, Minority Business Enterprise (MBE)-certified investment firm focused on critical infrastructure projects; and Holt Construction, one of New York’s premier construction management firms with experience in more than 100 aviation projects at airports across the country, including the expansion of Terminal 8, where Holt exceeded its 30 percent Minority and Women-Owned Business Enterprise (MWBE) participation goal.

Delta Debuts Dazzling Terminal C Facility at New York LaGuardia Airport

Delta is celebrating its latest investment in New York as it prepares to open its new Terminal C at LaGuardia Airport to customers on June 4, a massive milestone in the $4 billion program to transform and modernize one of the airline’s key hubs.

Delta accelerated construction timelines during the pandemic to deliver this facility to New York customers even faster than anticipated. The airline will fully complete the entire four-concourse terminal by the end of 2024, almost two years earlier than originally planned.

Ultimately, Terminals C and D will consolidate into one state-of-the-art facility, spanning 1.3 million square feet and featuring 37 gates across four concourses. Delta continues to double down on its vision for the future of travel, building airports of the future that are comfortable, easy to navigate and part of an effortlessly connected journey, capable of absorbing and supporting new innovative experiences as technology evolves. Recently, Delta also revealed the completion of the first major phase of its $2.3B Sky Way at Los Angeles International Airport.

In addition to a gleaming central headhouse and concourse, LGA will house the largest Delta Sky Club in the system, with architectural touches that evoke New York City from the turn of the 20th century, such as harlequin-patterned screens and rich warm metals. With seating for nearly 600 guests to relax and recharge over a sprawling 34,000 square feet (in its end state), the Club features a gourmet kitchen, premium bar, two food buffets and two hydration stations.

Images from Delta Airlines news hub

All Rex Airlines Frontline Staff Now Vaccinated

Rex today announced all frontline staff on duty have now been fully vaccinated against COVID- 19, the first airline in Australia to reach this milestone. The several hundred vaccinated staff include pilots, flight attendants, customer service officers at airports and all other workers across the Rex domestic and regional networks who may need to interact with passengers face-to-face.

Company-wide, 93 percent of all Rex staff have either been double vaccinated or received their first dose.

Rex reopens its domestic network on November 15 with the resumption of flights from Melbourne to Sydney and Canberra. Melbourne – Adelaide flights restart on November 26, while flights to the Gold Coast from Sydney and Melbourne begin on December 17.

The airline’s unique Refund Guarantee Policy also protects the financial health of passengers from any COVID-related disruptions.

Rex is Australia’s largest independent regional and domestic airline operating a fleet of 60 Saab 340 and six Boeing 737-800NG aircraft to 61 destinations throughout all states in Australia. In addition to the airline Rex, the Rex Group comprises wholly owned subsidiaries Pel-Air Aviation (air freight, aeromedical and charter operator) and the two pilot academies, Australian Airline Pilot Academy in Wagga Wagga and Ballarat.

Breeze Airways Unveils First of 80 Airbus A220’s on Order

Mobile, Alabama, USA, October 26, 2021 – Breeze Airways (Breeze) unveiled its first of 80 A220-300 aircraft on order during a preview event at the Airbus A220 final assembly line in Mobile, Alabama. The aircraft is expected to be delivered to Breeze in the coming weeks. 

Breeze’s A220-300 cabin is configured in a comfortable two-class 126 seat premium cabin layout comprising 36 business and 90 economy seats fitted with in-seat power and USB ports for all passengers.

Breeze will offer superior single-aisle comfort on board its brand new A220’s, such as the widest seats, the largest windows and more overhead stowage space per passenger. 

The A220’s superior efficiency will support the new airline’s business objectives to deliver a great travel experience to its passengers, with low fares and high flexibility. Breeze is expected to provide non-stop service between underserved routes across the U.S. at affordable fares – offering point-to-point flights from smaller secondary airports, bypassing hubs for shorter travel times. 

Breeze started airline operations in May 2021. This first A220 is expected to enter service in Q2 2022.

The A220 is the only aircraft purpose-built for the 100-150 seat market and brings together state-of-the-art aerodynamics, advanced materials and Pratt & Whitney’s latest-generation geared turbofan engines. With a range of up to 3,450 nm (6,390 km), the A220 gives airlines added operational flexibility. The A220 delivers up to 25% lower fuel burn and CO2 emissions per seat compared to previous generation aircraft, and 50% lower NOx emissions than industry standards. In addition, the aircraft noise footprint is reduced by 50% compared to previous generation aircraft – making the A220 a good neighbour around airports.

As of the end of September 2021, over 170 A220s have been delivered to 12 operators worldwide. 

JAL Group Adjusts Domestic Network Plan Between September 3 and September 30

The JAL Group (OTC: JAPSY) today announced further reductions on its domestic network between September 3rd and September 30th. In accordance with the conditions of carriage, customers affected by the cancellations during this period will be re-accommodated on an alternative flight. The “JAL Domestic PCR Inspection Service” for JAL Group customers, we will be expanding the program to include all JAL Group domestic customers and all fares offering better price. To date, the carrier has received more than 57,000 applications to conduct pre-travel testing for COVID-19. We will create a hygienic and clean environment at airports and on board to provide our customers with a safe and secure travel experience.

In addition, the Japanese government is also offering free PCR and antigen quantification tests for passengers departing from Haneda, Narita, Nagoya(Chubu),Osaka(Itami), Osaka(Kansai) and Fukuoka to airports in Hokkaido, Okinawa, Hiroshima, Fukuoka and Kagoshima from July 20 to September 30, in order to ensure the safety of people in Hokkaido, Hiroshima, Fukuoka, Kagoshima and Okinawa prefectures as well as those who have no choice but to travel there.

We sincerely apologize for any inconvenience, this may cause to customers who have booked flights on the reduced schedule, but would like to ask for our customer`s understanding during this unprecedented time.

Reductions Added Today

Summary by Month

Note – Figures Include JAL Group Operated Flights (JAL, J-AIR, JAC, HAC, JTA, RAC) Select routes may be operated by a different aircraft configuration and customers may receive a new seat assignment. Also, First Class/Class J may not be offered when a change in aircraft configuration occurs.

For the full list of flights, click here.

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