Airlines
Air Canada Reports Annual Results
Air Canada has reported its full year 2018 EBITDAR (earnings before interest, taxes, depreciation, amortization, impairment and aircraft rent) of $2.851 billion compared to full year 2017 record EBITDAR of $2.928 billion. The airline reported an EBITDAR margin of 15.8%, in line with its projections. Air Canada reported 2018 operating income of $1.174 billion compared to 2017 operating income of $1.371 billion. Adjusted pre-tax income amounted to $952 million in 2018 compared to adjusted pre-tax income of $1.165 billion in 2017. On a GAAP basis, the airline reported net income of...
New Dreamliner Shines For WestJet
WestJet took the travel trade in Western Canada behind-the-scenes last week to show off its brand, new 787 Dreamliner. The carrier's agency partners were also able to chat with WestJet's top executives, including Ed Sims, president and chief executive officer; Arved von zur Muehlen, chief commercial officer; Jeff Martin, chief operating officer; Louis Saint-Cyr, vice president guest experience and in-flight operations and Richard Bartrem, vice president of marketing communications. Along with those conversations, WestJet's valued agency and corporate partners were able to walk...
WestJet Looking To Make Some Changes
WestJet said that it will seek shareholder approval at its 2019 annual and special meeting of shareholders to amend its articles of incorporation and By-Law No. 2005-1 to increase the limits on foreign ownership and control of its voting shares to those permitted by amendments made to the Canada Transportation Act (CTA) in 2018. The amendments to its articles and By-Law No. 2005-1 will be undertaken by way of a court supervised and shareholder approved statutory plan of arrangement. Prior to the CTA amendments, no more than 25% of the voting interests of a Canadian air carrier could...
Fares Slashed On CX Flights To Asia
There is still time to get in on some great pricing for a spring getaway to Asia on board Cathay Pacific. The airline is operating a sale until Feb. 28 that will give customers the chance to fly to Asia with slashed airfares. Economy class fares start at $981 from Toronto, and at $854 from Vancouver, for flights to Bangkok, Bali, Kuala Lumpur, Singapore, Yangon and Colombo. Discounts are also available on business class airfares. For more, go to https://www.cathaypacific.com/cx/en_CA/offers/flight/seat-sale/2019-seasia-new-year-sale.html...
Air Canada Increasing Transborder Capacity
Air Canada is upgrading service and boosting capacity on key transborder routes from its Toronto and Montreal hubs. “We are very pleased to offer customers travelling between Toronto and the cities of Nashville, Washington Dulles and Memphis an upgraded travel experience with larger and more comfortable aircraft featuring a choice of Business Class and WiFi options on all flights. We are also adding daily frequencies on our Toronto to Minneapolis, Philadelphia and Austin routes and from Montreal to Baltimore,” said Mark Galardo, vice-president, Network Planning, at Air...
A Spectacular Success
The third round of the inaugural Baxter Media 2019 Portugal Golf Tournament was hosted by the Balaia Golf Village at its Balaia Golf Village Course. This par 3, 9-hole course, presented the teams with a number of very interesting and difficult challenges to overcome that definitely compensated for the shorter overall yardage. At the end of the third round Team 1, continued to hold onto their three-day lead despite carding a 3 over par score of 32 for a total three round score of 92. Second and third place for the third round match was a tie as Teams Two and Three both shot four over...
Quite A Challenge
On the second day of The Baxter 2019 Portugal Golf Tournament, the teams played the Arnold Palmer designed The Victoria Clube, hosted by the luxurious and chic Anantara-Vilamoura Resort. Home of the Portugal Masters, this par 72 18-hole tournament caliber course was a true test of every team’s golf skills, (some enjoying the expert help of golf professionals), to help to overcome this very challenging mix of wide, and rolling fairways and lightening fast greens. When the last putt dropped at the end of nine holes, to close-out second-round play Team 1 – Christine James, Deana...
SFO Opens New Outdoor Observation Deck
The San Francisco International Airport (SFO) has opened a unique new amenity to travellers – an outdoor terrace and observation deck, located post-security at the end of the International Terminal, Boarding Area G. The open-air space affords 180-degree views of the airfield, including some of the largest aircraft serving SFO, such as the Boeing 747 and Airbus A380 aircraft. “Our goal is to create an airport experience second to none, and we’re excited to introduce the first post-security observation deck at SFO,” said Airport Director Ivar C. Satero. “This outdoor terrace...