Air Canada has reported second quarter 2019 EBITDA (earnings before interest, taxes, depreciation, amortization and impairment) of $916 million compared to second quarter 2018 EBITDA of $739 million.
The airline reported second quarter 2019 operating income of $422 million compared to second quarter 2018 operating income of $308 million. Air Canada reported adjusted net income of $240 million or $0.88 per diluted share in the second quarter of 2019 compared to adjusted net income of $129 million or $0.47 per diluted share in the second quarter of 2018. Second quarter 2019 net income...
Ethiopian Airlines bolstered its fleet Friday, taking delivery of its 25th De Havilland Dash 8-400 aircraft, a plane that the carrier's CEO lavished praise on during a Toronto ceremony.
Tewolde GebreMariam told a gathering at the De Havilland plant that the Dash 8-400 is “highly capable, especially in high altitude and hot temperatures.”
Performing well in high altitudes is a plus when flying into and out of lofty Addis Ababa, he continued.
“We are a very happy customer... Keep building this great airplane and we'll keep flying it,” GebreMariam said.
GebreMariam said...
As part of its 2019/2020 seasonal winter schedule, WestJet is taking off with increased frequency and improved connectivity from its hubs to more destinations across its network.
The carrier's seasonal schedule for winter 2019/2020 features more flights from Calgary, Vancouver and Toronto to domestic, transborder, international and sun destinations and includes WestJet's seasonal service to both Paris and Nashville from Calgary, commencing earlier than past years on March 12 (Paris) and March 16 (Nashville).
As well, WestJet's popular daily summer seasonal service between Calgary...
The Global Business Travel Association (GBTA) has released details of a special one-on-one session in its line-up of Convention Arena content for GBTA Convention 2019, set for Aug. 3 to Aug. 7 in Chicago.
Boeing chairman, president and CEO Dennis Muilenburg will take the stage on Aug. 5, during the Convention Arena luncheon with GBTA chief operating officer and executive director, Scott Solombrino for a discussion that will include the Boeing 737 MAX, the future of business travel and mobility.
Christle Johnson, GBTA president, said that: “Boeing has long been a cornerstone of the...
Agents are invited to attend an informative webinar next Thursday (August 1) at 2 p.m. (EST).
Hosted by Agencia Global and Baxter Media, this webinar will introduce you to a new way to shop, mark up and book airfare. Everyone attending the webinar will be given a chance to win 4 Air Canada Maple Leaf Lounge passes.
Don't miss your chance to learn more about this industry-leading booking platform for travel agents, which allows you to hide your markup, accept multiple credit cards on one PNR, and get instant access to user-friendly upgrade tools, all with no registration or booking...
Air Canada will resume its daily, non-stop Toronto-Delhi flights on Oct. 1, 2019 (eastbound) and Oct. 3, 2019 (westbound). All flights are available for purchase now at www.aircanada.com or through travel agents.
Mark Galardo, vice-president, network planning at Air Canada, said: “We are very pleased to resume our daily, non-stop Toronto-Delhi flights in time for Diwali celebrations, and with additional capacity going forward to meet expected demand. With our Delhi flights returning to normal together with our seasonal return to Mumbai for fall firmly demonstrating our long term...
WestJet Airlines Ltd. has announced that at a special meeting held on July 23, its shareholders and optionholders overwhelmingly voted to approve its previously announced proposed transaction with Onex Corporation.Of the votes cast at the Meeting, more than 92.5% of shareholders and optionholders who voted were in favour of the proposed transaction.
WestJet and Onex entered into a definitive agreement on May 12, 2019 for the proposed acquisition of WestJet by Onex under a plan of arrangement, pursuant to which each outstanding share of WestJet will be exchanged for $31.00 in cash...
IATA has called on European governments and air navigation service providers (ANSPs) to make urgent improvements to European air traffic management.
The priority should be to cut carbon emissions and address the unnecessary costs and flight delays suffered by passengers from inefficient airspace routes and bottlenecks.
According to Eurocontrol, in June more than 210,000 flights, 20% of the total, were delayed. The average delay time was 17 minutes.
The vast majority of the delays are from a lack of air traffic control capacity, driven by inadequate staffing, inflexible rostering,...
Cathay Pacific has completed the acquisition of Hong Kong Express Airways (HK Express). HK Express is now a wholly owned subsidiary of Cathay Pacific.
Rupert Hogg, chief executive officer of Cathay Pacific and HK Express chairman, said: “We are very excited to welcome HK Express into the group. We strongly believe that the acquisition is good for the travelling public, good for HK Express, good for the Cathay Pacific Group, and good for the development of Hong Kong as a global aviation hub.”
Hogg continued: “HK Express will continue to operate as a stand-alone airline using...
Sunwing is offering travellers in the Hamilton and the Greater Golden Horseshoe area more tropical destination options than ever, with a total of six flight services available this coming winter.
New destinations include Cayo Coco, Cayo Santa Maria and Cancun. The travel company is also bringing back perennial favourites Montego Bay and Punta Cana, along with Varadero which will benefit from twice-weekly flights on Wednesdays and Saturdays for the first time.
Travellers looking to head to Cuba can take advantage of Sunday flights to Cayo Coco between Dec. 15, 2019 and April 12,...