Tag: published

Eve Air Mobility and SkyScape announce first urban ATM agreement in Japan

February 19, 2024 / WIL BALDWIN

Singapore – February 20, 2024 – Eve Air Mobility (NYSE: EVEX) and SkyScape, a Japanese vertiport development and management company headquartered in Osaka, Japan, have announced an agreement to use Eve’s Urban ATM (air traffic management) as a part of the Advanced Air Mobility (AAM) concept of operations published by the Japanese government. The announcement makes Skyscape Eve’s 13th Urban ATM customer and it becomes its sixth Urban ATM vertiport customer as the company continues to grow its business globally.

Eve’s Urban ATM software solution is a key enabler to the efficient implementation and scalability of urban air mobility (UAM) by providing services for air navigation service providers, urban authorities, fleet operators, vertiport operators, and other UAM stakeholders. The solution includes UAM flight coordination, vertiport automation airside support, airspace flow management and conformance management.

As part of the agreement, the two companies will collaborate in a number of different ways including promoting Urban Air Mobility in Japan and the test and trial of Urban ATM software including data collection and sharing. The companies will also work together on showcasing eVTOL design and testing, vertiport design, operation certification and future autonomous operation development at SkyScape locations including their planned country research site known as the “Integrated Aviation Center” (IAC) when it opens in the future.

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.

Volaris Announces Temporary Capacity Reduction

April 2, 2020 / WIL BALDWIN

PRNewswire/ — Volaris (NYSE: VLRS), the ultra-low-cost airline serving Mexico, the United States and Central America, announces that pursuant to a decree published in the Official Gazette of the Federation, the Government of the United Mexican States, acting through the General Health Council (Consejo de Salubridad General (“GHC”)) declared a health emergency due to force majeure, as a result of the disease epidemic caused by the virus SARS-CoV-2 (COVID-19), known as Coronavirus, which will be in effect until April 30, 2002 (the “Declaration of Emergency”)

The Declaration of Emergency and the health security measures announced by the GHC, such as the suspension of non-essential activities in the public, private and social sector, as well as the call to the population to comply with stay at home, will impact the demand for passenger air transportation whilst the Declaration of Emergency is in effect.

As a result, from the date hereof, Volaris will make an additional capacity reduction to that which was advised on March 24, 2020. Capacity measured by available seat miles (ASMs) for the month of April, 2020 will reduce to approximately 80% of total operation versus the schedule originally published.

Volaris will continue to provide relevant market updates should further capacity, governmental travel restrictions or other liquidity preserving measures need to be implemented.

American Airlines Extends Change Fee Waivers for Travel Purchased Through April 30

April 1, 2020 / WIL BALDWIN

American Airlines is providing customers additional flexibility in purchasing travel in light of concerns around the coronavirus (COVID-19).

American has extended its offer to waive change fees for customers who purchase travel through April 30. Customers will have even more flexibility since any ticket purchased by April 30 will not incur change fees prior to travel. The offer is available for any of American’s published non-refundable fares. Additional updates on existing travel alerts can be found on aa.com/travelalerts.

Any ticket purchased from March 1 at 4:30 p.m. CT through April 30, 2020 at 11:59 p.m. CT will not incur change fees prior to travel.
This is available for any of American’s non-refundable published fares.

Interjet Denies That it’s in Technical Bankruptcy

September 3, 2019 / WIL BALDWIN

IT IS NOT TRUE THAT INTERJET IS IN TECHNICAL BANKRUPTCY

The handling of the information published by Bloomberg is irresponsible.
The news agency made a misinterpretation of the judicial review filed by Interjet in its legal dispute with the Internal Revenue Service of Mexico.

Mexico City, August 30, 2019.- Interjet categorically denies that it is bankrupt as published by the Bloomberg news site. The news agency made a misinterpretation of the constitutional claim filed by the airline in the dispute that it holds with the Internal Revenue Service of Mexico (SAT).

Bloomberg had access to a file that by law is not supposed to be public. In a judicial dispute, the only persons entitled to consult the records are those authorized by the parties involved in the trial.

At no time, the company has recognized the existence of a technical bankruptcy as this media outlet states.

It should be noted that bankruptcy can only be declared by court order, and cannot be self-imposed by the debtor or any other entity. It’s a legal process through which the insolvency of a company has to be proved. This is not the case of the current situation of Interjet because the company continues paying its debts.

Bankruptcy cannot be declared by a company or by an individual, and this determination corresponds to a court.

Interjet reserves its right to pursue any available legal actions against Bloomberg.

Eve Air Mobility and SkyScape announce first urban ATM agreement in Japan

Volaris Announces Temporary Capacity Reduction

American Airlines Extends Change Fee Waivers for Travel Purchased Through April 30

Interjet Denies That it’s in Technical Bankruptcy

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