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CTC Singapore Corporate Travel Summit

Upcoming Event

27
Jun
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Singapore: CTC Singapore Corporate Travel Summit

CTC Singapore will introduce our “Corporate Branches” format, designed to ensure all aspects of the corporate travel ecosystem are explored and featured in our signature exhibition space.

CAPA Latin America Aviation & LCCs Summit

Upcoming Event

31-Aug - 1-Sep
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Querétaro: CAPA Latin America Aviation & LCCs Summit

The CAPA Latin America Summit is part of CAPA's regional summit series and is highly regarded as a benchmark event for the regional air travel industry.

More than 25 new airlines have started operations since the start of the COVID-19 pandemic, with the Americas proving particularly fertile ground for new airlines looking to take advantage of a disrupted market. In the US Breeze and Avelo – both launched in 2021 - have their own distinct business models that avoid direct competition with larger US operators. Meanwhile, Northern Pacific plans to launch later this year and believes Alaska is an attractive destination for travelers from North Asia, as well as a viable transit point. In Canada, Flair and Lynx Air are pursuing ultra low cost models and competing more directly with Air Canada and WestJet. How are these upstarts fairing in their respective markets, and what lessons have been learnt in their startup phases?

Groningen Eelde Airport unveiled (01-Jun-2023) a hydrogen powered ground power unit (GPU) to power aircraft. The equipment was developed in collaboration with New Energy Coalition, the Province of Drenthe, KLM Equipment Services, HyTrEc2, the University of Groningen and Holthausen Clean Technologies. As previously reported by CAPA, the GPU will be powered by green hydrogen, generated by solar panels installed at the airport. The airport stated the equipment is the first of its type worldwide. [more - original PR - Dutch]

JetBlue Airways and Frontier Group Holdings entered (01-Jun-2023) a definitive agreement, under which JetBlue will divest all of Spirit Airlines' slot pairs and leasehold interests at New York LaGuardia Airport to Frontier Airlines in connection with JetBlue's planned merger with Spirit. JetBlue agreed to transfer six Sprit gates at the airport's Marine Air Terminal and 22 takeoff/landing slots. The divestiture falls under JetBlue's upfront commitments in the merger agreement and is conditional on the closing of the JetBlue/Spirit transaction, subject to additional closing conditions. JetBlue Airways CEO Robin Hayes stated the agreement "will maintain the same level of ULCC service at LaGuardia Airport". Frontier Airlines CEO Barry Biffle said the holdings will enable Frontier to "significantly" expand its operations at the airport. [more - original PR]

SAS announced (31-May-2023) reservations for 30 seats on each of its first commercial electric flights in Sweden, Norway and Denmark will open on 02-Jun-2023. The inaugural flights are expected to take place in 2028 and the ticket price will be SEK1946/NOK1946/DKK1946 (EUR167.90/EUR164.36/EUR261.31), a tribute to the launch of SAS operations in 1946. There is a maximum of two seats per reservation and per person. The departure day and place of departure to be communicated to travellers by email. [more - original PR - SAS] [more - original PR - Visit Sweden]

Milan Malpensa Airport reopened (31-May-2023) Terminal 2, following its closure since Jun-2020 due to the COVID-19 Pandemic. As previously reported by CAPA, new features of the terminal include 21 self baggage drop machines and a new duty free area. [more - original PR - Italian]

Capital A CEO Tony Fernandes stated (31-May-2023) the company's aviation business has achieved "promising" improvement in 1Q2023, driven by the stabilisation of operational costs due to lower fuel prices and maintenance expenses. Mr Fernandes said: "Our average fare and RASK have surpassed 2019 levels, while our passenger statistics are fast recovering pre-pandemic levels". He added: "These metrics show AirAsia is still the preferred choice for its great value", noting: "We are also highly optimistic about the future of our aviation services business". [more - original PR]

Air France CEO Anne Rigail, speaking at the Air France-KLM 'SAF Masterclass', stated (30-May-2023) sustainable aviation fuel (SAF) production "is a major strategic issue for France's sovereignty" and the country is fortunate to already possess a highly developed carbon-free energy sector. Ms Rigail added: "Air France-KLM wants to continue playing its part".

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CAPA Aircraft Interiors - State of the Industry 2023

This report utilises the the CAPA Aircraft Interiors Database to analyse recent industry trends with data, visualising areas that have shown tremendous growth while providing clarity on how leading suppliers in each sector have shrunk and grown.