In its newly released outlook on Canada's air transportation industry, the Conference Board of Canada says that this country's airlines "can expect a second consecutive year of losses in 2012." Michael Burt, director, industrial economic trends for the Conference Board, says: "The Canadian air transportation industry is set for a bumpy flight over the coming months. The European debt crisis is not over and the U.S. economic recovery remains sluggish. At home, Canadians are turning their attention to paying down their debt and are growing more cautious when it comes to spending." Burt...
Transat A.T. Inc. reports that it posted revenues of $909.1 million for the quarter ended July 31, 2012, compared with $937.0 million in 2011, a decrease of $27.9 million, or 3.0%. The company recorded a margin of $22.1 million, compared with of $14.7 million in 2011, and a net income of $9.4 million ($0.25 per share on a diluted basis), compared with a net loss of $2.8 million ($0.07 per share on a diluted basis) in 2011. Before non-cash and non-operating items, Transat reported an adjusted after-tax income3 of $10.5 million ($0.28 per share on a diluted basis), compared with $2.8 million...
Cathay Pacific Airways has launched the "Walking on Air" fashion getaway sweepstakes to celebrate the airline's rich history of couture. Known as much for style as service (cabin crew uniform designers have included Hermes, Nina Ricci and, most recently, Hong Kong designer, Eddie Lau), Cathay Pacific has brought together the top names in lifestyle and fashion -- including Tablet Hotels, Rent the Runway and Birchbox -- to give one lucky jetsetter and a companion the opportunity to win a dream getaway to Cathay Pacific's home, Hong Kong. Additionally, 10 fashion aficionados have the opportunity...
Air Transat has been recognized as "Most Climate Efficient North American Net Carrier" by the German organization atmosfair, which for the second year in a row evaluated the environmental performance of some 130 carriers, rating their atmospheric CO2 emissions and ranking them in its Airline Index. The announcement was made at the Berlin Air Show. Allen B. Graham, president and CEO, Air Transat, and president, Transat Canada, said: "We are extremely pleased with the recognition our airline is receiving today. Air Transat has applied a stringent fuel management program since 2003, and more...
Travelport has signed a new, long-term, airline IT services agreement with TUIfly, the third largest airline in Germany. The e-Ticketing technology is utilized by TUIfly Vermarktungs GmbH (TUIfly.com), the flight travel portal of TUI Deutschland. TUIfly.com has implemented Travelport E-Ticket Technologies in combination with their reservation system, New Skies, offered by Navitaire LLC, enabling the airline to fully leverage the benefits of outbound interline e-ticketing. The new deal is part of a TUIfly.com initiative to broaden the worldwide flight offer for customers and combinability of...
Hawaiian regional carrier, Island Air, has signed a letter of intent leasing five ATR 42 jet prop aircraft and marking the next step in the carrier's New Business Plan (NBP) launched earlier this year. The agreement was reached with Chicago's Aerway Leasing, LLC for 5 ATR 42 jet prop aircraft which will enable a dramatic upgrade in scale and service for the airline. Island Air CEO, Lesley Kaneshiro said: "These aircraft represent an integral part of our plan to deliver on our service commitment to theß ever increasing number of guests flying with us each day and is the next step in our...
The Canadian Transportation Agency has released a tariff repository that's designed to help travellers familiarize themselves with air carriers' terms and conditions of carriage. The repository provides a "one-window" direct access to major airlines' web sites where airline tariffs can be found, in turn, enabling passengers to read about their rights and responsibilities when travelling. Air carriers can also use the repository to easily compare their tariff provisions with those of other carriers. The Tariff Repository can be accessed on the CTA's web site at...
Emirates has named Orhan Abbas as its new senior vice-president to head up its commercial operations for the Americas. Abbas was previously vice-president for India and Nepal, overseeing a period of sustained expansion which saw the airline more than double the number of services to the sub-continent in just four years. He has worked for Emirates since 1998, having also held senior commercial positions in Tanzania, South Africa and the Middle East. He has a degree in Business Administration from New York Regents College, Albany, New York. Commenting on his appointment, Abbas said: "The...
Winair is recommencing its scheduled flights between St. Maarten and St. Kitts & Nevis on Oct. 29, 2012. The announcement was made by St. Kitts & Nevis Minister of Tourism & International Transport, Senator Ricky Skerritt, following a recent visit by a three-man delegation from Winair headed by Michael Cleaver, president and CEO of the carrier. Minister Skerritt said Winair's 19-seat, twin engine aircraft will conveniently connect St. Kitts with key incoming international flights to St. Maarten from Europe and North America, and will reintroduce a domestic air service between Nevis and St....
WestJet has revealed the details of the million WestJet dollars giveaway, the airline's first-ever reward program contest for Canadians. The contest, which began Sept. 10, 2012 and continues to Oct. 7, 2012, gives WestJet guests the opportunity to join the airline's loyalty program, WestJet Rewards, and win their share of one million WestJet dollars. By visiting http://www.westjetgiveaway.com , Canadians can enter to win one of five daily prizes of $5,000 WestJet dollars. Guest can also enter to win additional daily prizes of $1,000 WestJet dollars by playing an interactive "Search for the...