Spirit Airlines announced (29-Jun-2022) its intention to open and immediately adjourn its shareholders meeting related to the proposed merger with Frontier Airlines on 30-Jun-2022. Spirit plans to continue discussions with both Frontier and JetBlue Airways before reconvening with shareholders to conduct a vote on 08-Jul-2022. The meeting was initially scheduled for 10-Jun-2022, however was postponed following JetBlue amending its proposal on 06-Jun-2022. [more - original PR]
CAPA's Latin America Aviation & LCCs Summit will be held in Salvador, one of Brazil's most vibrant and colourful cities. Join us to explore the key strategic issues impacting the Latin American aviation sector.
Michèle Barre, V.P. Network, Revenue Management and Pricing of the Air Transat, spoke to CAPA TV on the sidelines of the CAPA Americas Aviation & LCCs Summit about leveraging new partnerships.
CAPA Events are hosted in key markets around the world and attract the highest calibre of thought leaders and decision makers in the aviation and travel industry. Delegates are provided with unprecedented access to the latest data, insights and trends from our global team, in addition to valuable networking opportunities with executives across all sectors of the aviation and travel industry. Review CAPA’s full events calendar here.
flypop announced (28-Jun-2022) the formation of a joint venture with Hi Fly, which will expand the carriers' existing cargo collaboration to include passenger flights departing the UK. Over the next few weeks, flypop will make additional aircraft available to be operated by Hi Fly as part of the partnership. Hi Fly president Paulo Mirpuri said the agreement will benefit from the carrier's "leading expertise in Airbus widebody aircraft", with flypop CEO Nino Singh Judge adding: "We expect a surge in demand in and out of our home market over the coming months and we look forward to serving our customers with the newly formed joint venture... We are in active discussions with several parties to grow the fleet further in the near future and look forward to welcoming these aircraft to the joint venture". [more - original PR]
Korean Air announced (28-Jun-2022) plans to undertake works to re-modify three Boeing 777s for passenger operations, removing cargo pallets and reinstalling 269 passenger seats, from Jul-2022. The airline modified 10 777s for cargo operations in 2020, in response to increased demand for cargo transport following the outbreak of the COVID-19 pandemic. Passenger cabin restoration works will take approximately 10 days per aircraft. Korean Air also plans to re-modify one A330 for passenger operations in Jul-2022. [more - original PR - Korean]
- Passengers: 7.3 million, +461% year-on-year;
- RPK: +452%;
- ASK: +115%;
- Passenger load factor: 71.5%, +43.7pp;
- FTK: -5.6%;
- AFTK: +1%;
- Cargo load factor: 69.4%, -4.8pp. [more - original PR]
Lufthansa Group announced (27-Jun-2022) it will reactivate its A380 aircraft from summer 2023, in response to the sharp increase in demand and delayed delivery of ordered aircraft. The company has 14 A380s in deep storage in Spain and France, of which six have been sold. Lufthansa outlined it is currently assessing the number of A380s it will reactivate as well as the destinations to which it will operate. As previously reported by CAPA, the group already purchased seven Boeing 787-9s to fill capacity gaps created by the delayed delivery of the 777-9. The 777-9 was originally scheduled for delivery in 2023, but is currently advised for 2025. [more - original PR]
Qantas Group announced (24-Jun-2022) no changes to its international capacity plans, with operations increasing from approximately 50% of pre-coronavirus levels to 70% by the end of Q1FY2023 to help meet demand. Growth will continue as additional A380 aircraft are returned to service, with total group international capacity to reach 90% of pre-coronavirus levels by Q4FY2023. [more - original PR]
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This report, jointly prepared by CAPA - Centre for Aviation (CAPA) and Envest Global (Envest), is designed to highlight some of the core elements of sustainable aviation, methods of quantifying individual airline sustainability credentials, and emissions.