Airlines
IATA Expects A Return To Profit In 2023
IATA says that it is expecting the global airline industry to return to profitability in 2023 as airlines continue to cut losses stemming from the effects of the COVID-19 pandemic to their business in 2022. The global airline industry notes that: In 2023, airlines are expected to post a small net profit of $4.7 billion -- a 0.6% net profit margin. It is the first profit since 2019 when industry net profits were $26.4 billion (3.1% net profit margin). In 2022, airline net losses are expected to be $6.9 billion (an improvement on the $9.7 billion loss for 2022 in IATA’s June...
Air Canada Takes Off To Bangkok
Air Canada celebrated its inaugural flight to Bangkok from Vancouver International Airport (YVR) late last week. Mark Galardo, Senior Vice President – Network Planning and Revenue Management at Air Canada, said: “We are thrilled to launch Air Canada's first non-stop service to Southeast Asia and the only non-stop flights between North America and Thailand. Bangkok is also one of the most visited destinations globally, and we have optimized connections to and from our trans-pacific hub at YVR to give customers convenient travel options to explore this exciting city renowned for...
Sunwing Connects London To The Sunny South
Beginning this month (December), Sunwing will be offering direct, weekly flights from London, Ontario to destinations in Mexico, Cuba and the Dominican Republic. Andrew Dawson, President of Tour Operations for Sunwing, said: “London residents can enjoy the gift of travel this holiday and winter season as we bring back three weekly flights to some of our most-travelled destinations down south. It’s important to us that our London customers have convenient access to the vacation spots they love and the experiences in destination they crave, and with great deals on both...
Swoop Restarts London-Cancun Flights
Swoop has restarted its service between London International Airport (YXU) and Cancun International Airport (CUN). Bob Cummings, President of Swoop, said: “As Canada's leading ultra-low fare airline, we are thrilled to celebrate the return of sun flying from London, beginning with today's (Dec. 3) flight to Cancun and tomorrow's (Dec. 4) to Orlando. We know residents of the London area value the convenience and affordability that their local airport offers, and so we're proud to make winter getaways easier with more frequent ultra-affordable flights to Mexico and...
An Expanding Premium Experience With Plaza Premium
Plaza Premium Lounge (PPL) has unveiled two updates to its hospitality airport services with the opening of newly renovated lounges in Terminal 1 Domestic departures at Toronto Pearson International Airport and at Vancouver International Airport servicing US departures. The newly renovated lounges have arrived just as PPL sees a 570% increase in its airport lounge services across its Canadian network as compared to November 2021. In addition, Plaza Premium Group (PPG) has added Root98, the group’s premium airport dining destination to Vancouver’s US transborder terminal to...
Demand, Forward Bookings Signal Continuing Recovery
IATA reports that the recovery in air travel continued in October, with the airline industry association noting that: Total traffic in October 2022 (measured in revenue passenger kilometres or RPKs) rose 44.6% compared to October 2021. Globally, traffic is now at 74.2% of October 2019 levels. Domestic traffic for October 2022 slipped 0.8% compared to the year-ago period as stringent COVID-related travel restrictions in China dampened global figures. Total October 2022 domestic traffic was at 77.9% of the October 2019 level. Domestic forward bookings remain at around 70% of...
Canada Jetlines Reports A Busy November
Canada Jetlines reports that in addition to its scheduled flights to Calgary from Toronto, it has completed 18 charter flights in November for a variety of new clients. The carrier indicated that it sees significant opportunities in the Canadian travel and tourism sector, with strong demand domestically and in international markets like the USA, Mexico, Jamaica, and many others. It is continuing to build out strong relationships with tourism boards, airports, and economic development stakeholders and charter brokers. Eddy Doyle, CEO of Canada Jetlines, said: “We see a strong...
Kitchener-Waterloo Now Closer To Paradise
Kitchener-Waterloo is now closer to paradise as Sunwing is poised to launch two weekly, direct flights to Punta Cana, Dominican Republic and Varadero, Cuba from Waterloo International Airport beginning in December. Andrew Dawson, President of Tour Operations for Sunwing, noted: “Our relationship with Waterloo International Airport has remained strong since 2009 and we are thrilled to join forces yet again with two direct routes down south this winter.” Dawson continued: “After a difficult, few years for the industry, we are excited to return to the Region of Waterloo and are...