Airlines
Decarbonizing Aviation
IATA is calling on governments to adopt a Long Term Aspirational Goal to decarbonize aviation at the 41st Assembly of the International Civil Aviation Organization (ICAO) later this year. The call came at the 78th IATA Annual General Meeting (AGM) and World Air Transport Summit (WATS) where airlines are mapping out the pathway to the industry’s commitment to achieve net zero emissions by 2050 in line with the Paris Agreement’s 1.5°C goal. Willie Walsh, IATA’s Director General, said that: “The decarbonization of the global economy will require investment across countries and...
Nane Named New Chair of the IATA Board
Pegasus Airlines Vice-Chairperson of the Board (Managing Director) Mehmet Tevfik Nane has assumed his duties as Chair of the IATA Board of Governors (BoG) for a one-year term, effective from the conclusion of the 78th IATA Annual General Meeting (AGM) in Doha, Qatar on June 21, 2022. Nane is the 80th chair of the IATA BoG. He has served on the BoG since 2019. He succeeds JetBlue Airways CEO Robin Hayes, who will continue to serve on the BoG. Nane said: “I’m honored to take on this position at a time when the industry is emerging from our worst downturn. In addition to...
Rebuilding Airline Profitability
IATA has upgraded its outlook for the airline industry’s 2022 financial performance as the pace of recovery from the COVID-19 crisis quickens. Forecast highlights include: Industry losses are expected to reduce to -$9.7 billion (improved from the October 2021 forecast for an $11.6 billion loss) for a net loss margin of -1.2%. That is a huge improvement from losses of $137.7 billion (-36.0% net margin) in 2020 and $42.1 billion (-8.3% net margin) in 2021. Industry-wide profitability in 2023 appears within reach with North America already expected to deliver an $8.8 billion...
Swoop Adds New Regina Service
Swoop is celebrating its recent inaugural flights to Regina from both Edmonton and Winnipeg. Bert van der Stege, Head of Commercial and Finance at Swoop, said: “We are thrilled to continue our summer network expansion here in Regina with two important inaugural flights. Today's celebration reinforces Swoop's commitment to enabling Canadians to travel more, and we're proud to offer residents of Regina access to ultra-convenient and ultra-affordable flights to both Winnipeg and Edmonton." Swoop recently inaugurated service to Saskatoon and will soon be adding more non-stop service...
WestJet Sets A Course To The Future
The WestJet Group recently brought together leaders, representing all parts of the operations and business, to hear directly from Chief Executive Officer (CEO), Alexis von Hoensbroech, as he shared plans for growth into the COVID recovery, and the airline’s commitment to embracing its cost-conscious roots in service of affordable air travel for Canadians. WestJet Group’s von Hoensbroech said that: “The immediate priority is to ensure we are ready for the high volume of pent-up travel demand this summer. Equally important is charting a path that continues to grow WestJet as the...
Hope Air, Porter Airlines Renew Partnership
Hope Air and Porter Airlines have announced a new partnership to strengthen Hope Air’s mission and service. The carrier is a national charity that supports families and children in need who must travel for vital medical care. As part of this partnership, Porter is providing free travel vouchers for Hope Air patients travelling through Billy Bishop Toronto City Airport. This is a critical connection for thousands of families, individuals and children each year who must travel to Toronto for specialized medical care. Patients living in communities such as Sault Ste. Marie, Timmins, and...
Swoop Adds Flights To Comox
Swoop has launched flights to Comox Valley Airport (YQQ) from Edmonton International Airport (YEG). Ryan Hubbard, Senior Manager, Airports at Swoop, said that: “As Canada's leading ultra-low fare airline, we are thrilled to continue our network expansion in beautiful British Columbia, promoting tourism and stimulating economic growth in Comox," "Demand for summer travel across Canada is soaring and we're proud to support communities, both large and small, with ultra-affordable fares." In addition to the new route to Comox, Swoop also offers service to Victoria, Abbotsford, and...
Cayman Islands Set To Host Major Events
The Cayman Islands Ministry and Department of Tourism are partnering with the Caribbean Tourism Organization (CTO) to host the organization’s Business Meetings from Sept. 12 to Sept. 15, 2022. This conference will be the first major in-person event program for the CTO. The International Air Transport Association (IATA) will also host Caribbean Aviation Day on Sept. 14 during the CTO event in the Cayman Islands. The event will be attended by the Ministers of CTO member countries, Directors of Tourism, senior executives, media, and regional students who participate in the...