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Alaska Air Announces New Flights Between California and Montana

March 4, 2021 /

SEATTLE, March 4, 2021 /PRNewswire/ — Following on the heels of Southwest Airlines (NYSE: LUV) recent announcement of Montana flights (http://planesintheair.com/southwest-airlines-service-to-destin-ft-walton-and-bozeman-to-begin-may-2021/), Alaska Airlines (NYSE: ALK) has today announced four new routes between California and Montana for the summer, increasing total jet service to seven nonstop routes between the two states. 

The newest “Sun and Fun” additions will connect Los Angeles and San Diego with Kalispell, Montana, and connect San Diego and San Francisco with Bozeman, Montana. The Los Angeles and San Diego flights start May 20, and the San Francisco flight starts June 17. They’ll operate through Sept. 7.

This added summer flying builds on year-round service on three nonstop routes that connect San Diego with Missoula, Montana, and connect Los Angeles with Bozeman and Missoula.

Tickets for the new flights are available at alaskaair.com with one-way fares starting as low as $69 to and from Bozeman and as low as $89 to and from Kalispell. 

Start DateEnd DateCity PairFrequencyAircraft
 May 20, 2021Sept. 7, 2021Los Angeles – KalispellW, SaE175
 May 20, 2021Sept. 7, 2021San Diego – KalispellM, F, SaE175
 May 20, 2021Sept. 7, 2021San Diego – BozemanT, W, Th, Sa, SuE175
June 17, 2021Sept. 7, 2021San Francisco – BozemanSaE175

The new routes will be served by the Embraer 175 jet, a jet aircraft with only window and aisle seating – no middle seats. On all the new routes, guests will enjoy award-winning service in a three-class cabin that includes First Class and Premium Class; Most Free Movies in the Sky with hundreds of movies and TV shows available for viewing on personal devices; free texting on most flights; and Wi-Fi connectivity for purchase.

Kalispell’s Glacier Park International Airport is in northwest Montana’s Flathead Valley, which encompasses the gateway to Glacier National Park, Whitefish Mountain Resort and Flathead Lake — the largest freshwater lake west of the Mississippi River.

Bozeman Yellowstone International Airport is the definition of “Big Sky Country” and about 90 miles north of Yellowstone National Park. Surrounded by mountains and rivers, Bozeman offers fishermen and hikers an abundance of options. Fly fish for trout on the Gallatin, Yellowstone, and Missouri Rivers. Follow Highway 191 for views of snow-capped mountains in Gallatin Canyon. 

Global reach: With the oneworld alliance and Alaska’s Global Partners, Alaska’s guests can connect at gateway airports on the West Coast – such as Los Angeles and San Francisco – to fly to more than 900 destinations around the world. Flyers can also earn and redeem miles with the airline’s highly-acclaimed Mileage Plan program.

Alaska Airlines serves six cities in Montana: Billings, Bozeman, Great Falls, Helena, Kalispell and Missoula.

Alaska Airlines serves 15 cities in California: Burbank, Fresno, Los Angeles, Monterey, Oakland, Ontario, Orange County, Palm Springs, Sacramento, San Diego, San Francisco, San Jose, San Luis Obispo, Santa Barbara and Sonoma.

‘Consumers Can Fly With Confidence and Safety Today’

June 9, 2020 /

In a recent appearance on the “Conversations with Mike Milken” podcast, Delta CEO Ed Bastian shared with the Milken Institute founder how the global airline is providing a safe travel experience for customers and employees, while also moving toward recovery amid the worldwide pandemic.  

“In my opinion, consumers can fly with confidence and safety today,” he said. “We are taking the same measures towards the personal safety of our customers on board our planes, just as we do the flight safety of the experience.”  

Bastian continued to highlight the many steps being taken to give customers confidence when traveling, including electrostatic spraying, back-to-front boarding, capping load factors at 60 percent and requiring masks for employees and customers. 

“The reason I go through all those steps is that security and safety is in our DNA,” Bastian shared. “That’s the core of our franchise.” 

The May 21 interview, which aired June 4, is part of Milken’s pandemic podcast series featuring notable industry leaders and medical experts. A replay of the complete interview is available.

CDB Financial Scraps Purchase of 29 Boeing 737 MAX Jets

April 20, 2020 /

SYDNEY (Reuters) – China Development Bank (CDB) Financial Leasing Co said on Monday it had agreed with Boeing Co <BA.N> to cancel the purchase of 29 undelivered 737 MAX jets, adding to a string of recent cancellations of the grounded airplane.

The model has been grounded globally for more than a year following deadly crashes in Indonesia and Ethiopia.

“In light of evolving aviation market dynamics, we’ve been working together with Boeing over many months to re-calibrate our MAX orderbook to be in line with our long-term view of the market and related opportunities,” Xuedong Wang, chairman of CDB Financial unit CDB Aviation, said in a statement.

The lessor said it retained an order for another 70 of the planes that also have yet to be delivered.

Boeing recorded a total of 150 MAX cancellations in March, including 75 from Irish leasing company Avolon. Boeing remains in talks with regulators seeking approval to return the plane to service, but its customers have also seen a sharp fall-off in demand due to the coronavirus pandemic.

Boeing said in a statement it continued to partner with leasing company customers to help them balance their portfolios in a challenging market.

“As we work to return the 737 MAX to service, our focus remains on addressing our customers’ fleet needs while optimising the delivery of the more than 4,000 airplanes in our 737 backlog,” it said.

“As market conditions normalise, Boeing anticipates that lessors who have restructured or reduced their orderbooks will continue to add MAX aircraft to their portfolios through sale leaseback agreements with airlines,” the planemaker said. “Longer term we expect these lessors will again place orders for direct MAX purchases.”

CDB Financial Leasing said that all 737 MAX 10 jets still on order will be switched to the smaller 737 MAX 8 model, and 20 deliveries will be deferred to dates in 2024, 2025 and 2026.

(Reporting by Jamie Freed; additional reporting by David Shepardson in Washington Editing by Tom Hogue and Muralikumar Anantharaman)

A Boeing 737 Max aircraft is seen parked in a storage area at the company’s production facility in Renton

The Qantas Group Completed New Round of Debt Funding

March 25, 2020 /

The Qantas Group has completed a new round of debt funding, securing $1.05 billion in additional liquidity to strengthen its position as it manages through the Coronavirus outbreak.

This debt has been secured against part of the Group’s fleet of unencumbered aircraft, which were bought with cash in recent years. The loan has a tenure of up to 10 years at an interest rate of 2.75 per cent.

This funding increases the Group’s available cash balance to $2.95 billion with an additional $1 billion undrawn facility remaining available.

The Group’s net debt position remains at the low end of its target range, at $5.1 billion, with no major debt maturities until June 2021. In line with the rest of the Qantas debt book, the new funding contains no financial covenants.

With a further $3.5 billion in unencumbered assets, the Qantas Group retains flexibility to increase its cash balance as a prudent measure in the current climate. As previously announced, various steps have been taken to significantly reduce activity levels and costs given the dramatic revenue impact of the Coronavirus pandemic and the related travel restrictions on Jetstar and Qantas passenger services.

Qantas Group CEO Alan Joyce said: “Over the past few years we’ve significantly strengthened our balance sheet and we’re now able to draw on that strength under what are exceptional circumstances. Everything we’re doing at the moment is focused on guaranteeing the long term future of the national carrier, including making sure our people have jobs to return to when we have work for them again.”

Seven of the Group’s 11 wholly-owned Boeing 787-9’s have been securitised against this funding.

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