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Sun Country Airlines is today’s zacks.com “Bear of the Day”

With very expansive top and bottom line growth expected over the next few years, investors may be wondering why Sun Country Airlines (Nasdaq: SNCY) stock is down -5% year to date.

The answer to this question lies in the trend of earnings estimate revisions which have largely declined landing Sun Country’s stock a Zacks Rank #5 (Strong Sell) and the Bear of the Day.

Click the link below to read the full story!

Bear of the Day

 

Hola

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.

Air Tahiti Nui announces Club Tiare promotion on flights from Papeete to Japan

Air Tahiti Nui resumes flights from Papeete to Japan starting on October 30, 2023. This is your chance to discover or rediscover this beautiful destination! From June 26 to July 26, 2023, take advantage of our promotional offer for two people on your award tickets.

Redeem for a R/T award ticket and travel with a companion at 50% discount on the second award ticket.

Get your reward now :
Moana economy 1st award ticket 80 000 miles / 2nd award 40 000 miles
Moana premium 1st award ticket 120 000 miles / 2nd award 60 000 miles
Poerava business 1st award ticket 160 000 miles / 2nd award 80 000 miles

Don’t wait any longer to plan your next vacation to the land of the rising sun!

Conditions apply:

Travel in Moana Economy, Premium Economy or Business Poerava and get 50 miles discount.

Offer is valid on a round-trip award PAPEETE TOKYO or v.v.

Must be 2 people travelling together on the same journey and class of service.

Sales period: Redeem your award between June 26th and July 26, 2023.

Travel dates: From October 30, 2023, to June 30, 2024.

Validity: Maximum stay is up to 12 months after departure.

Changes: Not permitted after tickets have been issued.

Cancellation/No show: Tickets are non-refundable. Check special conditions upon reservation in case of cancel /refund/ no show the day of departure

Infant/Child: No discount applicable for infants or children.

Reservation Class: U, I and FFor more information, please contact your local Air Tahiti Nui travel advisor

Ryanair Launches Seat Sale To Top Winter Sun Destinations

80,000 Seats, Fares From Just £9.99, Over 530 Routes

Ryanair (LSE: RYA.L), Europe’s No. 1 airline, today (5th Oct) launched a sizzling Winter Sun seat sale, with over 530 routes to choose from across the Ryanair network. With fares available from just £9.99 across 80,000 seats this November and December, it’s the perfect time to bag a bargain sunny getaway to the beach this winter.

British families, friends and couples can choose from a range of favourite winter sun destinations this November and December from only £9.99. To avail of these great low fares, customers must act fast and visit the Ryanair.com website to book their flights before midnight, 14th November 2021.

Top destinations for Irish winter sunseekers include: 

  • Faro: Renowned for its stunning coastline, dream golf courses, wellness retreats and dreamy beaches – not to mention delicious seafood within its quaint fishing villages – the Algarve is a firm year-round favourite, with Irish holidaymakers returning to the likes of Albufeira, Faro, Quinta do Lago, Lagos and Vilamoura year after year. Winter temperatures remain around 18°/ 20°- making it the perfect escape from the Irish winter and ideal for visiting with young children.
  • Lanzarote: Known for its year round warm weather – this gem is a must-visit winter destination with an array of popular destinations including Puerto Del Carmen, Costa Teguise and Playa Blanca. Visit Timanfaya National Park or enjoy activities in Playa de Papagayo – an untouched beach with crystal clear waters – perfect for snorkelling, diving or just soaking up the sun with family and friends this winter.
  • Malaga: A winter visit to Spain’s south coast is always a good idea. Perfectly encapsulating the traditions of Spain with its gothic architecture, small winding streets and a wonderful foodie culture – Malaga is a must-visit. With winter temperatures averaging 18° / 19°- visitors can expect to enjoy delicious authentic tapas and seafood al fresco on a sunny afternoon.
  • Tenerife: Renowned for its diverse volcanic landscapes, pine forests and green valleys with stunning views across numerous hiking routes and winter temperatures of 21° – Tenerife is the perfect winter getaway for family and friends looking to explore the volcanic areas on the slopes of the highest peak in Spain or relax and take in the sun on one of the many beaches on the island.

Virgin Galactic Completes First Spaceflight from Spaceport America, New Mexico

Virgin Galactic has completed its third spaceflight and the first ever from Spaceport America, New Mexico. Today’s flight sees New Mexico become the third US state to launch humans into space. VSS Unity achieved a speed of Mach 3 after being released from the mothership, VMS Eve, and reached space, at an altitude of 55.45 miles before gliding smoothly to a runway landing at Spaceport America.

On VSS Unity’s flight deck were CJ Sturckow and Dave Mackay, while Kelly Latimer and Michael Masucci piloted VMS Eve. CJ, who flew as pilot-in-command, becomes the first person ever to have flown to space from three different states. The crew experienced extraordinary views of the bright, blue-rimmed curvature of the earth against the blackness of space. New Mexico’s White Sands National Park sparkled brilliantly below. Their experience today gives Virgin Galactic’s Future Astronaut customers a glimpse of what lies ahead.

Virgin Galactic fulfilled a number of test objectives during the flight, including:

  • Carried revenue-generating scientific research experiments as part of NASA’s Flight Opportunities Program.
  • Collected data to be used for the final two verification reports that are required as part of the current FAA commercial reusable spacecraft operator’s license.
  • Tested the spaceship’s upgraded horizontal stabilizers and flight controls and validated EMI reductions.

Following the flight, and in line with normal procedures, Virgin Galactic will conduct a review of all test data gathered and thoroughly inspect the spaceship and mothership.  Once the team confirms the results, the Company plans to proceed to the next flight test milestone.

To celebrate the first human spaceflight from New Mexico, the Zia Sun Symbol of New Mexico’s state flag was placed prominently on the exterior of the Spaceship.  In addition, we flew green chile seeds, which are synonymous with the state’s rich agricultural and culinary history.

Ryanair Launches Over 700 Winter Route Destinations For 2021/2022 Season

Ryanair (London: RYA.L), Europe’s no. 1 airline, has today (11 Feb) launched its Winter 21/22 schedule, covering its most popular destinations for trips taking off from late October. Boasting over 700 routes across the Ryanair network – and further destinations to be released in the coming weeks – winter sun is where it’s at for 2021. Ever popular with its customers, Ryanair has launched routes to the likes of sunny Cyprus, Gran Canaria, the Greek islands, Sicily and Malaga for Winter ’21 and avid skiers who missed out on their trip to the slopes can dust off their skis with popular destinations such as Turin, Milan and Salzburg set to welcome visitors once again next winter.

In addition to winter sun and ski, customer can also book winter city breaks to Lisbon, Paris, Venice and many more. Having missed out on holidays and weekend breaks in 2020, an eclectic mix of destinations is on offer from Ryanair this winter spanning beach holidays, city breaks, cultural and foodie hotspots. To celebrate the release of Ryanair’s Winter ’21 / 22 schedule, Ryanair has launched a seat sale with fares available from €29.99 for travel from October ’21 – March ’22, available for booking on the Ryanair.com website only until midnight, Sunday 14th Feb 2021.

Statement from Ryanair’s Director of Marketing, Dara Brady

“While we believe the successful roll-out of the vaccine will see Europeans enjoying their favourite spots this Summer, Ryanair wants to give customers further choice and something to look forward to, whether that is a break to reunite with friends and family in July, or a winter sun getaway to the sunny Greek Islands in November. With 20m seats on sale on over 700 routes and further destinations to be released in the coming weeks, customers can now book a Winter getaway until the end of March 2022, always on the lowest fares.

We’ve added firm favourites Barcelona, Malta and Marrakech to the list of destinations this year, and to celebrate we’ve launched a seat sale with amazing fares available from just €29.99 for travel from October 2021 until end of March 2022, which must be booked before midnight Sunday, 14th Feb 2021. Since these amazing low fares will be snapped up quickly, customers should log onto www.ryanair.com”.

Alaska Airlines Adds More Destinations From Anchorage

Alaska Airlines continues to strengthen its presence at one of the airline’s key hubs in Anchorage with new nonstop service to three “sun and fun” destinations – Las Vegas, Denver and San Francisco – and the expansion to year-round service to a popular fourth destination, Phoenix.

Come this summer, Alaska will fly eight nonstops from Anchorage to these destinations in the Lower 48: Chicago O’Hare, Denver, Las Vegas, Los Angeles, San Francisco, Seattle, Phoenix and Portland. Four of the cities on the West Coast are also Alaska hubs, which allow for improved connectivity for guests traveling to other locations.

The newly announced routes will connect Anchorage to more places that offer warm sunshine, big city vibes and the sky’s the limit on what to do. New service to Las Vegas, Denver and San Francisco begins this summer; the Las Vegas flight will be offered year-round with seasonal flights to Denver and San Francisco. The current seasonal flight between Anchorage and Phoenix will now fly year-round. 

The Anchorage-San Francisco flight – first announced in August 2019 – was scheduled to start in April 2020, but it was delayed due to the pandemic.

Tickets for the new routes are now on sale at alaskaair.com.

“The demand for leisure travel in 2021 is beginning to return as our guests look ahead, and we’re offering even more nonstops to take Alaskans to the places they want to go,” said Marilyn Romano, Alaska Airlines’ regional vice president. “We believe our guests will love the convenient nonstops to Vegas, Denver and San Francisco, in addition to our daily nonstop flight to Phoenix that’s now set to fly year-round.”

Start DateEnd DateCity PairFrequencyAircraft
May 20, 2021Year-roundAnchorage – Las VegasTh, F, Sa, Su737
June 17, 2021Aug. 16, 2021Anchorage – Denver Daily737
June 17, 2021Aug. 16, 2021Anchorage – San FranciscoDaily 737
Year-roundYear-roundAnchorage – PhoenixDaily737

In addition to Alaska’s continuing commitment to service at Anchorage, the airline partners with non-profit organizations throughout the state focused on helping those impacted by the pandemic. Alaska Airlines and Alaska Air Cargo are currently supporting residents across the state by transporting COVID-19 vaccines, including to some of the most remote communities in the U.S.

“More than 1,800 Alaska Airlines employees call Alaska home, making our connections to the communities we serve here very personal. We’re here in good times and in difficult times,” said Romano. “We’re honored to play our role to make sure this life-saving vaccine gets to the people who need it most as quickly and safely as possible.”

Airbus Solar Orbiter Ready for Close-Up With The Sun

Currently traveling at some 105 million kilometres from Earth, the Airbus-built Solar Orbiter (SolO) is en route for an encounter to uncover the secrets of our closest star.

While humankind has been studying the Sun for hundreds of years, the research is limited because data was always collected from distances more or less equal to the star’s separation from Earth, according to Ian Walters, Airbus’ SolO Project Manager.

“Solar wind takes about two to four days to get from the Sun to Earth, and in that time, it transforms completely,” he explained. “We can better correlate what is seen with what is felt from the Sun if we can get up close. That’s the point of the Solar Orbiter mission…and it’s never been achieved before.”

Solar Orbiter was launched in February in a joint mission of the European Space Agency and the U.S. National Aeronautics and Space Administration. Travelling closer to the Sun than its nearest planet – Mercury – SolO will make comprehensive measurements of the nascent solar wind.

Beating the heat

For the spacecraft and its 10 instruments to survive extreme temperatures of up to 600 deg. Centigrade, Airbus designed a protective heat shield with openings for SolO’s five telescopes to peek through during the trek.

According to Walters, the most critical heat protection technology is the Stand-off Radiator Assembly (SORA) – a set of radiators sitting on the spacecraft’s side that is always in shadow, enabling them to quickly transfer heat from the instruments into space. SORA’s thermal straps are made from pyrolytic graphite, which is five times more conductive than copper wire but flexible like paper.

To avoid any molecular contamination that could compromise imagery from the telescopes, Airbus also built Solar Orbiter to levels of cleanliness far exceeding any other spacecraft built in the UK to date. Every item on SolO has been heated to over 120 degrees to make sure no gases are emitted in the vacuum of space.

Predicting solar events

Data from Solar Orbiter can help make significant improvements to everyday life, particularly when it comes to predicting solar flares and coronal mass ejections (CME) – the expulsions of plasma and its accompanying magnetic field from the sun, which can have a major impact on Earth.

“In 1859, one such episode took down the world’s telegraph network,” Walters said. “A similar event today would severely disrupt our power grids, mobile phone towers, navigation systems and many other critical technologies.”

He added: “If we could predict the CME was coming our way, we’d have about two days’ notice for emergency government committees to be activated and react, instead of the few minutes’ notice we receive today.”

Amazon Hires Sun Country to Fly Shipments

  • Sun Country will start cargo service with a big first customer: Amazon
  • Minnesota airline will add 10 planes, 70 pilots under 6-year cargo service deal.

Amazon is hiring Sun Country Airlines to fly packages around the country, a windfall deal that thrusts the Minnesota carrier into the cargo business.

The six-year deal, announced Tuesday, will immediately create a massive expansion for Sun Country. From the first flights next spring, the new cargo service for Amazon Air will quickly grow to represent 20% of all of Sun Country’s flying.

It is the first time Amazon has hired a commercial passenger airline for air service.

Sun Country will add 10 airplanes to its fleet and hire an additional 70 pilots to its existing force of 350. The Twin Cities-based airline will also hire more maintenance workers and 20 to 30 headquarters staffers to support Amazon Air operations.

“These are pretty highly compensated positions. … We are very excited about this,” Jude Bricker, Sun Country’s chief executive, said Tuesday. “This is going to be a great growth opportunity for our company, and the important thing for the Twin Cities is it will make us a better airline for Minnesota leisure travelers.”

Click the link for the full story! http://www.startribune.com/sun-country-will-start-cargo-service-with-a-big-first-customer-amazon/566286912/

Amazon is hiring Sun Country to fly shipments under its Amazon Air business. The six-year deal puts Sun Country into the scheduled cargo business for the first time. It will hire 70 pilots to fly the routes.

Discount Carrier Sun Country Prepares for IPO

Sun Country Airlines,a small Minnesota-based, low-cost carrier owned by private-equity firm Apollo Global Management, plans to file for an initial public offering as soon as April, Sun Country’s CEO said Tuesday in an interview.

“Our earnings are supportive,” Jude Bricker told Skift at the International Aviation Forecast Summit in Las Vegas. “I think there’s a market for an airline that is growing.”

If Sun Country were to go public next year, it would be a fast turnaround for Apollo, which acquired the airline in December 2017. The previous owners, Mitch and Marty Davis, who also control Cambria, a maker of stone countertops, had managed Sun Country more like a family business than a medium-sized airline. Apollo has cut costs and changed the model, dropping first class, adding fees and making more it like Frontier Airlines or Spirit Airlines than an undersized competitor to Delta Air Lines or American Airlines.

Click the link for the full story! https://finance.yahoo.com/news/u-discount-carrier-sun-country-180032662.html

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