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

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.

Maersk expands its global air freight services with new Atlanta strategic air cargo hub

Maersk (OTC: AMKBY) is strengthening our promise to customers of integrated, end-to-end logistics solutions by growing our air freight services in a strategic transportation hub. The new Atlanta facility enhances our offering, providing customers with superior supply chain flexibility supported by our expanded regional capabilities in warehousing and transportation. We will be able to leverage this connectivity to bolster our air freight network across North America, Europe, Asia Pacific, and the world.

Located in Atlanta Tradeport’s Foreign Trade Zone, the new air cargo facility enjoys lower duties, reduced processing fees, and quicker movement of goods from the port of Savannah. The site is located just two miles from Atlanta Hartsfield-Jackson International Airport and has direct access to interstates I-75 and I-285.

The new Atlanta facility builds on several initiatives designed to bolster Maersk’s air freight services in North America. The company recently opened a new Chicago air freight gateway facility to add more supply chain integration opportunities for customers using Chicago O’Hare International and Rockford International. Prior to that, Maersk also launched a new air freight service with regular flights between South Carolina, Korea, and China operated by Miami-headquartered cargo airline Amerijet International.

Frontier Airlines Launches Nonstop Flights From Miami, Florida to Kingston, Jamaica

KINGSTON, JAMAICA – Feb. 23, 2022 – Low-fare carrier Frontier Airlines (NASDAQ: ULCC) will launch nonstop service between Miami (MIA) and Kingston, Jamaica (KIN) beginning May 5, 2022, marking the airline’s first scheduled service to the Jamaican capital. Flights will operate three times per week year-round. To celebrate, America’s Greenest Airline is offering fares from Miami to Kingston as low as $79*.

New Route from Miami International Airport (MIA):

SERVICE TO:SERVICE START:SERVICE FREQUENCY:INTRO FARE:
Kingston, JamaicaMay 5, 20223X$79*

Frequency and times are subject to change, so please check FlyFrontier.com for the most updated schedule.

Frontier is focused on more than low fares. The carrier offers customers the ability to customize travel to their needs and budget. For example, customers can purchase options a la carte or in one low-priced bundle called the WORKS. This bundle includes refundability, a carry-on bag, a checked bag, the best available seat, waived change fees, and priority boarding.

777 Partners Orders 30 Additional Boeing 737 MAX Airplanes

Boeing [NYSE: BA] and 777 Partners have announced the Miami-based investment firm will nearly double its 737 MAX order book with the purchase of 30 additional jets. The new order expands 777 Partners’ commercial aircraft portfolio to a total of 68 737 MAX’s, in its fourth order this year for the fuel-efficient, single-aisle jets. Valued at $3.7 billion at list prices, the order will enable 777 Partners to expand 737 MAX operations across the fleet of its affiliated global low-cost carriers.

The 737 MAX family reduces fuel use and carbon emissions by at least 14% compared to the airplanes it replaces, reducing operating costs as well as the environmental footprint for 777 Partners’ affiliated airlines. Every 737 MAX features a passenger-pleasing Boeing Sky Interior, highlighted by modern sculpted sidewalls and window reveals, LED lighting that enhances the sense of spaciousness and larger pivoting overhead storage bins.

777 Partners is a Miami-based private alternative investment firm that invests across a number of high growth attractive verticals. Founded in 2015, 777 Partners initially applied its expertise in underwriting and financing of esoteric assets to diversify across a broad spectrum of financial services businesses, asset originators, and financial technology/service providers. In recent years, the firm has broadened its mandate and now invests across six different industries: insurance, consumer and commercial finance, litigation finance, direct lending, media and entertainment, and aviation.

Dubai Aerospace Enterprise Orders 15 Boeing 737 MAX Jets

SEATTLE, April 20, 2021 /PRNewswire/ — Boeing [NYSE: BA] and Dubai Aerospace Enterprise (DAE) today announced the aircraft lessor is growing its 737 MAX portfolio with an order for 15 737-8 jets. DAE had been investing in the 737 MAX by buying jets from existing customers and leasing them back to the carriers. The new order is DAE’s first direct 737 MAX purchase from Boeing as it modernizes its portfolio for better economic and environmental performance.

The order will appear on Boeing’s Orders and Deliveries website once finalized.

Firoz Tarapore, Chief Executive Officer of DAE, said: “We are delighted to deepen our already strong relationship with Boeing. Including this order, we own and manage 162 Boeing aircraft. An increasing number of global aviation regulators are returning the MAX to the skies. We are confident in the success of these aircraft as domestic and regional air travel are seeing strong signs of recovery.” 

The new purchase is DAE’s second investment in the 737 MAX in the past year. In the third quarter of 2020, the lessor signed an agreement with American Airlines to purchase and lease back 18 new 737-8 airplanes. Since the agreement, the lessor has delivered 17 of the jets to the U.S. carrier. DAE previously completed a similar purchase-leaseback deal with Brazilian carrier GOL for five 737-8s.

“DAE has been instrumental in helping its customers realize the operating economics and environmental performance of the 737-8. We are delighted that they have come back to add more 737 aircraft to its growth plan as it positions itself for the recovery in commercial passenger traffic,” said Ihssane Mounir, Boeing senior vice president of Commercial Sales and Marketing. “We are honored by DAE’s trust in the 737 family and we look forward to partnering with them to serve the fleet requirements of airlines around the world.”

The 737-8 is a member of the 737 MAX family which is designed to offer more fuel efficiency, reliability and flexibility in the single-aisle market. The airplane can fly 3,550 nautical miles – about 600 miles farther than its predecessor – allowing airlines to offer new and more direct routes for passengers. Compared to the airplanes it replaces, the 737-8 also delivers superior efficiency, using 16% less fuel and significantly reducing CO2 emissions and operating costs.

Boeing is the world’s largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. As a top U.S. exporter, the company supports commercial and government customers in more than 150 countries, leveraging the talents of a global supplier base. Building on a legacy of aerospace leadership, Boeing continues to lead in technology and innovation, deliver for its customers and invest in its people and future growth.

Dubai Aerospace Enterprise (DAE) Ltd. is a global aviation services company headquartered in Dubai. DAE serves over 170 airline customers in over 65 countries from its seven office locations in Dubai, Dublin, Amman, Singapore, Miami, New York and Seattle. DAE’s award-winning Aircraft Leasing division has an owned, managed, committed and mandated to manage fleet of approximately 425 Airbus, ATR and Boeing aircraft with a fleet value exceeding US$16 billion. DAE’s Engineering division serves customers in Europe, Middle East, Africa and South Asia from its state-of-the-art facility accommodating up to 15 wide and narrow body aircraft. It is authorized to work on 13 aircraft types and has regulatory approval from over 25 regulators globally. More information can be found on the company’s web site at www.dubaiaerospace.com.

Investment Firm 777 Partners Order 24 Boeing 737 MAX Airplanes

Boeing [NYSE: BA] and private investment firm 777 Partners announced today an agreement to add 24 737-8s to the firm’s diverse aviation portfolio, with purchase rights for an additional 60 airplanes. The Miami-based company will place the single-aisle airplanes with its growing portfolio of low-cost carrier investments around the world.

In addition to aircraft leasing, 777 Partners strategically invests in a host of aviation businesses, from operating carriers to technology-driven solutions. The firm’s travel sector strategy is largely focused on innovative solutions for interlining, passenger connectivity, and creating new commerce channels for its airline investments and customers.      

The 737-8 can fly 3,550 nautical miles, about 600 miles farther than its predecessor. This additional capability allows airlines to offer new and more direct routes for passengers. The 737-8 reduces fuel use and CO2 emissions by 16% compared to the airplanes it replaces, and that superior fuel efficiency means lower operating costs and a smaller environmental footprint. Every airplane features the new Boeing Sky Interior, highlighted by modern sculpted sidewalls and window reveals, LED lighting that enhances the sense of spaciousness and larger pivoting overhead storage bins.

Boeing is the world’s largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. As a top U.S. exporter, the company supports commercial and government customers in more than 150 countries, leveraging the talents of a global supplier base. Building on a legacy of aerospace leadership, Boeing continues to lead in technology and innovation, deliver for its customers and invest in its people and future growth.

777 Partners is a Miami-based private alternative investment firm that invests across a number of high growth attractive verticals. Founded in 2015, 777 Partners initially applied its expertise in underwriting and financing of esoteric assets to diversify across a broad spectrum of financial services businesses, asset originators and financial technology/service providers. In recent years, the firm has broadened its mandate and now invests across six different industries: insurance, consumer and commercial finance, litigation finance, direct lending, media and entertainment, and aviation.

Frontier Airlines Begins Three New Nonstop Routes From Miami International Airport

MIAMI – March 8, 2021 – Low-fare carrier Frontier Airlines this week takes off with three new, nonstop routes from Miami International Airport (MIA) to Cancun, Mexico; St. Thomas, U.S. Virgin Islands and Punta Cana, Dominican Republic. In addition, next month, the airline will launch its maiden service to Central America from Miami with nonstop flights to Guatemala City and San Salvador.

Frontier now offers 28 nonstop destinations from Miami, including six international routes. The new flights to the Caribbean, Central America and Mexico represent Frontier’s commitment to expanding travel opportunities to exciting destinations while maintaining its ‘Low Fares Done Right’ approach.

“We’re pleased to expand in Miami with new flights to Cancun, Punta Cana and St. Thomas,” said Daniel Shurz, senior vice president of commercial, Frontier Airlines. “Frontier has grown rapidly at Miami International in recent years and we look forward to launching our first flights to Central America next month with nonstop service to Guatemala City and San Salvador. We’re bringing our ultra-low-fares and customizable travel options model to these new flights to offer our customers unprecedented affordability and value to these highly sought destinations.”

Southwest Airlines Service To Destin/Ft. Walton and Bozeman to Begin May 2021

Southwest Airlines Company (NYSE: LUV) today announced the flexibility and value of Southwest Airlines® now benefits both visitors and hometown travelers booking late spring and summer travel to Destin–Fort Walton Beach Airport (VPS) in Florida and Bozeman Yellowstone International Airport (BZN) in Montana. Southwest® service to both destinations begins in May 2021.

“We’re adding another destination in the West, our first in Montana, and bringing additional access to the beaches of Northwest Florida just as winter-weary families begin to dream of warm summer escapes in wide-open places,” said Andrew Watterson, Southwest Airlines Executive Vice President & Chief Commercial Officer. “Our arrival in these communities with daily service also ushers a new flexibility and everyday affordability for local travelers flying Southwest for fun, family, or work.”

DESTIN/FT. WALTON BEACH, FLA., DAILY SERVICE BEGINS MAY 6, 2021

Beginning May 6, 2021, Southwest will commence service to an 11th airport in the Sunshine State, bringing a third option for beachcombers to access the Florida panhandle. Southwest Customers will be able to fly nonstop between Destin/Ft. Walton Beach and four destinations: Baltimore/Washington (BWI), Dallas (Love Field), and Nashville, bringing additional connecting or same-plane service to more than 50 cities, with added nonstop service to Chicago (Midway) beginning June 6, 2021. This new service is available for purchase now at Southwest.com:

Fly nonstop betweenDestin/Ft. Walton Beach and:Initial daily service:One-way fares
as low as:
Baltimore/Washington (BWI)1 flight each way$79
Chicago (Midway) (beginning June 6)1 flight each way$79
Dallas (Love Field)1 flight each way$69
Nashville3 flights each way$69

The number of seats, days, and markets for these fares are limited. See a full list of fares, fare rules, and terms and conditions below. 

BOZEMAN, MONTANA, DAILY SERVICE BEGINS MAY 27, 2021

In its 50th year of service, Southwest Airlines adds another of the 50 states to its network, bringing low fares to the state of Montana on May 27, 2021. The addition of Bozeman will connect Customers with Big Sky country, bringing faster access to Yellowstone National Park, Big Sky Ski Resort, Custer Gallatin National Forest, and Montana State University. Southwest Customers may now book travel to fly nonstop between Bozeman and both Denver and Las Vegas, and reach southern Montana from more than 50 other Southwest cities on same-plane or connecting service. This new service is available for purchase now:

Fly nonstop between Bozeman and:Initial daily service:One-way fares
as low as:
Denver2 flights each way(increases to 4 flights each way on June 6)$39
Las Vegas2 flights each way$39

The number of seats, days, and markets for these fares are limited. See a full list of fares, fare rules, and terms and conditions below. 

In 2020, Southwest added new service to Hilo, Hawaii; Cozumel, Mexico; Miami; Palm Springs, Calif.; Steamboat Springs; and Montrose(Telluride), Colo., to connect Customers with places and people they love. In 2021, Southwest began service to both Chicago (O’Hare) and Sarasota/Bradenton on Feb. 14. The carrier will begin service to both Savannah/Hilton Head and Colorado Springs on March 11; both Houston(Bush) and Santa Barbara, Calif. on April 12; Fresno, Calif. on April 25; Destin/Ft. Walton Beach on May 6; Bozeman, Mont. on May 27; and Jackson, Miss. on June 6. 

ATR Appoints Tiziana Masullo as Managing Director and President of ATR Americas

Toulouse, 9 February, 2021 – ATR has appointed Tiziana Masullo Managing Director and President of ATR Americas, a subsidiary of ATR, effective from December 2020. Based in Miami, Tiziana previously served as Vice President of Services Sales and Contracts, and succeeds Jurgen Lebacs. Tiziana will oversee a staff of 32 people, covering the following areas: Technical support and Safety, Training and Flight Ops, Services Sales and Contracts, Customer Material Support, GMA & Repairs, CSDs and FSR, Finance and Human Resources.

After graduating from ITC Serra with a diploma in Foreign Languages and Literature, Tiziana began her career with Leonardo, before moving to ATR where she has spent 27 years. With a lengthy background and many leadership positions in Training, Flight Operations and Services Sales, as well as Contract Negotiation, Tiziana brings a wealth of experience to her new role. She is also the first woman to lead one of ATR’s subsidiaries.

Tiziana has two children, David who is 22 years old and is studying sociology at London School of Economics in London, and Nikita who is 18, who lives in Miami studying to be a veterinary assistant.

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