Emirates is ramping up its London Stansted operation by resuming its second daily service to Dubai from May 1, 2023, in response to strong demand.
19 January, 2023
Emirates to resume second daily flight to London Stansted
Emirates is ramping up its London Stansted operation by resuming its second daily service to Dubai from May 1, 2023, in response to strong demand.
VistaJet has partnered with its gastronomy partners, including Shangri-La Singapore and The Ritz Carlton, Hong Kong to provide unique Lunar New Year Experiences,
Eurowings offers flexible mileage redemption with Cash & Miles
Eurowings is offering a new service for Miles & More participants for flights booked through eurowings.com and the Eurowings app: thanks to Cash & Miles, the total price of the next trip can easily be reduced using collected award miles and the remaining amount can be paid using the usual means of payment. This way, Eurowings passengers can benefit from their Miles & More credit more quickly instead of waiting until they have reached the required amount of miles for Eurowings award flights.
Cash & Miles now available as an option in the payment process at eurowings.com
Pay for flight bookings in full or in part with Miles & More award miles
Flexibly and easily reduce the total price of the flight with miles and pay the remaining amount
Cash & Miles option available with a Miles & More account balance of 3,000 award miles or more
How Cash & Miles works
Click on To Cash & Miles to be redirected to the Miles & More website.Log in with Miles & More access details.If the account balance is at least 3,000 award miles, you can use the slider to select how many miles you would like to redeem for your flight booking.Confirm the selected number of miles by clicking on Redeem miles.After being directed back to the Eurowings booking step Payment, choose a payment method to complete the booking if the selected miles do not fully cover the booking price.
Gregg Brown named as new vice president of technical operations at JetBlue
Mahoko Hara, executive chair of Aviation Capital Group, honoured with the 2023 AWAR Trailblazer Award
Wisk Aero has selected Dr. Brian Yutko as the new Chief Executive Officer, effective February 1, 2023 when Gary Gysin retires
Turkey expects to get F16's from U.S.
18 January, 2023
United Airlines releases fourth-quarter and full-year financial results
U.S. mega-carrier United Airlines has today reported fourth-quarter and full-year 2022 financial results this week The company exceeded adjusted operating margin1 guidance in the fourth quarter reporting a 11.1% operating margin; 11.2% operating margin on an adjusted basis1. Additionally the company reported a 9.1% pre-tax margin on a GAAP basis and 9.0% on an adjusted basis1, achieving its 2023 target ahead of schedule. The company grew operating revenue by 14% and TRASM (total revenue per available seat mile) by 26%, both versus fourth quarter 2019. The company remains confident in the 2023 United Next adjusted pre-tax margin1 target of about 9%.
United was able to recover quickly from significant irregular operations in December as a result of winter storm Elliott. During the key holiday travel days between December 21 and 26, nearly 36% of all United flights were exposed to severe weather. Despite that impact, 90% of United customers made it to their destination within 4 hours of their scheduled arrival time. The company credits significant investment in its people, resources, technology and infrastructure over the past few years with its ability to recover from significant weather events.
"Thank you to the United team that, last month, managed through one of the worst weather events in my career to deliver for so many of our customers and get them home for the holidays," said United Airlines CEO Scott Kirby. "Our dedicated team used our state-of-the-art tools to prepare for the bad weather, take care of our customers and quickly recover once the worst of the weather had passed. Over the last three years, United has made critical investments in tools, infrastructure and our people – all of which are essential investments in our future. That's why we've got a big head start, and we're now poised to accelerate in 2023 as our United Next strategy becomes a reality."
Fourth-Quarter Financial Results
- Net income of $843 million, adjusted net income1 of $811 million.
- Capacity down 9% compared to fourth-quarter 2019.
- Total operating revenue of $12.4 billion, up 14% compared to fourth-quarter 2019.
- TRASM of up 26% compared to fourth-quarter 2019.
- CASM of up 21%, and CASM-ex1 of up 11%, compared to fourth-quarter 2019.
- Operating margin of 11.1%, adjusted operating margin1 of 11.2%, both up over 2 pts. compared to fourth-quarter 2019.
- Pre-tax margin of 9.1%, adjusted pre-tax margin1 of 9.0%, both up and around 1 pt. compared to fourth-quarter 2019.
- Average fuel price per gallon of $3.54.
Full-Year Financial Results
- Net income of $737 million, adjusted net income1 of $831 million.
- Operating margin of 5.2%, adjusted operating margin1 of 5.5%.
- Pre-tax margin of 2.2%, adjusted pre-tax margin1 of 2.5%.
- Ending available liquidity2 of $18.2 billion.
Key Highlights
- Announced the largest widebody order by a U.S. carrier in commercial aviation history: 100 Boeing 787 Dreamliners with options to purchase 100 more. Also added 100 additional Boeing 737 MAX aircraft by exercising 44 options and adding 56 new firm orders. This historic purchase is the next chapter in the ambitious United Next plan and will bolster the airline's leadership role in global travel for years to come.
- Officially opened the United Aviate Academy, the only major U.S. airline to own a flight training school, with a historic inaugural pilot class of 80% women or people of color.
- Launched Calibrate, an in-house apprenticeship program that will help grow and diversify its pipeline of Aircraft Maintenance Technicians.
- Launched a new, national advertising campaign – "Good Leads The Way" – that tells the story of United's leadership in areas like customer service, diversity and sustainability, and captures the optimism fueling the airline's large ambitions at a time of unprecedented demand in air travel.
- Announced and began the expansion of its Flight Training Center in Denver, already the largest facility of its kind in the world.
- Announced a historic commercial agreement with Emirates that will enhance each airline's network and give customers easier access to hundreds of destinations around the world. Also announced a new direct flight between Newark/New York and Dubai beginning in March 2023, subject to government approval.
- Appointed by Department of Homeland Security Secretary Alejandro Mayorkas, United Chief Executive Officer Scott Kirby served as the Co-Chair of the Homeland Security Advisory Council and also served on the Board of Directors of the Business Roundtable as the Chairman of the Education and Workforce Committee.
- Hosted the first Eco-Skies Alliance Summit, bringing together leaders, corporate customers, and senior U.S. government officials for important discussions on sustainable aviation fuel, best practices of how to reduce carbon emissions from flying and how to collaborate on future sustainability solutions.
JetBlue names Gregg Brown as Vice President, Technical Operations
12 more Airbus A220 aircraft for Delta Air Lines...
Delta Air Lines has firmed up an order for a dozen more A220-300 |
Delta Air Lines has firmed up an order for a dozen more A220-300 aircraft, bringing the airline’s total firm order for A220s to 119 aircraft - 45 A220-100s and 74 A220-300s. Throughout the years, Delta has reordered the A220 four times and is today the largest A220 customer and operator.
A4E Welcomes New Members Collins Aerospace and Pratt & Whitney
United opens expanded and newly renovated global inflight training centre in Houston
32 million expansion project doubles size of facility and features more classroom and training spaces, cabin and door trainers and a state-of-the-art aquatic center to practice safe evacuation of the plane in unlikely water landings
New facility reflects United's continued investments in infrastructure, technology and tools to support growth – airline on track to hire 15,000 people in 2023, including 4,000 flight attendants
According to a new study, United's IAH hub and spending by foreign visitors to Houston on United and Star Alliance member flights support an estimated $5.3 billion per year in gross domestic product in Texas and in 2022 United's direct employment in Houston contributed $1.2 billion to economic activity
Commitment to Houston
The airline's ongoing investments and commitments to its Houston operation contribute to the positive, ripple-effect on the broader, local economy:
- As part of the City of Houston's $1.3 billion Terminal Redevelopment Program (ITRP), United redesigned ticketing counters as well as new pre-check and CLEAR lanes, and state-of-the-art TSA security checkpoint, which has become a model for the continued technological enhancements in the travel journey.
- United's new Baggage Handling System services Terminals C and E and features state-of-the-art technology, including seven baggage carousels with corresponding high-tech displays, a complete replacement of the old outbound baggage system with a four-loop sorting system, as well as a new Baggage Control Center to monitor and manage the entire baggage handling operation.
- The airline's Early Baggage System (EBS) facility is under construction, is expected to go online late this year and will be the first of its kind in North America – it temporarily stores bags that arrive early in a separate location until their specific departure. This new facility will allow United the flexibility to use all available gates and enable future growth at the airport.
H3 Dynamics and Hylium Industries join forces to progress liquid hydrogen-electric flight capabilities
Etihad Airways announces new routes to Copenhagen and Düsseldorf
Sustainability makes good business sense despite the higher costs.
Investing in a greener future | Airlines. (iata.org)