ULCC

Global Crossing Airlines Announces Agreement to provide additional lift for Lynx Air in Canada

Retrieved on: 
Wednesday, April 19, 2023
Lynx, ULCC, ACMI, NEO, JET, Lynx Air, Airline, Trapping

MIAMI, April 19, 2023 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) (the “Company” or “GlobalX”) is pleased to announce that it has reached agreement to fly under an ACMI contract for Lynx Air in Canada, beginning in June 2023 for 3 months.

Key Points: 
  • MIAMI, April 19, 2023 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) (the “Company” or “GlobalX”) is pleased to announce that it has reached agreement to fly under an ACMI contract for Lynx Air in Canada, beginning in June 2023 for 3 months.
  • “We are honored to provide this additional lift for Lynx as they expand their scheduled air service cross-border into the US from Canada.
  • Lynx is growing and establishing itself as the leading ULCC in the Canadian airline market, and we are proud to work for them,” said Ed Wegel, Chairman and CEO.

Volaris Reports March 2023 Traffic Results: 16% YoY Demand Growth with an 85% Load Factor

Retrieved on: 
Wednesday, April 5, 2023
MEXICO, Yoy, Volaris, BMV, VLRS, NYSE, ULCC, Airline

de C.V. (NYSE: VLRS and BMV: VOLAR) ("Volaris" or "the Company"), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its March 2023 preliminary traffic results.

Key Points: 
  • de C.V. (NYSE: VLRS and BMV: VOLAR) ("Volaris" or "the Company"), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its March 2023 preliminary traffic results.
  • In March 2023, Volaris' capacity (measured in ASMs) increased by 17.1% year-over-year, while demand (measured in RPMs) increased by 15.7%; the result was a load factor decrease of 1.0 pp YoY to 85.5%.
  • Volaris transported 2.8 million passengers during the month, a 12.6% increase compared to March 2022.
  • Enrique Beltranena, Volaris' President and CEO, said: "Overall traffic figures were healthy in March, with strength in the U.S. transborder and Central America demand offsetting close-in demand softness on our domestic routes.

Frontier Airlines to Participate in the JP Morgan Industrials Conference

Retrieved on: 
Wednesday, March 8, 2023
ULCC, JP, Webcast, Conference, Airline, Online shopping, Cryptocurrency

DENVER, March 08, 2023 (GLOBE NEWSWIRE) -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC), today announced that Barry Biffle, President and CEO, will present at the JP Morgan 2023 Industrials Conference on Tuesday, March 14, 2023 at 4:30pm EDT.

Key Points: 
  • DENVER, March 08, 2023 (GLOBE NEWSWIRE) -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC), today announced that Barry Biffle, President and CEO, will present at the JP Morgan 2023 Industrials Conference on Tuesday, March 14, 2023 at 4:30pm EDT.
  • The event will be webcast and may be accessed through a link posted to the Company’s investor relations website at https://ir.flyfrontier.com/news-and-events/events.

JetBlue and Spirit Will Continue to Advance Plan to Create Compelling National Low-Fare Challenger to the Dominant U.S. Carriers

Retrieved on: 
Tuesday, March 7, 2023
Transportation, Air, Transport, Travel, Aircraft, DOJ, City, Co-operative Party, NYSE, 2023 World Men's Handball Championship squads, U.S. Department of Justice Office of Legislative Affairs, ULCC, JetBlue, JBLU, Airport, Carbon, Growth, Environment, Face, The, Value addition based pricing, Employment, Complaint, Federation, Government, Policy, Aviation, U.S. Department of Defense Strategy for Operating in Cyberspace, Airline, Management, Spirit

JetBlue has proven its ability to force the legacy carriers to react to JetBlue’s low fares and award-winning service.

Key Points: 
  • JetBlue has proven its ability to force the legacy carriers to react to JetBlue’s low fares and award-winning service.
  • We will vigorously defend our position that a combined JetBlue and Spirit will be a game changer for customers nationwide, creating the most compelling national low-fare challenger to the dominant U.S. carriers.
  • JetBlue competes for all customers, and its Blue Basic fare offers customers a competitive, low-price option to save more money.
  • The rationale for a JetBlue-Spirit combination is clear:
    JetBlue is 3x more effective than Spirit at bringing down competitor fares.

JetBlue Releases Analysis Further Demonstrating Procompetitive Benefits of Combination with Spirit

Retrieved on: 
Monday, March 6, 2023
Transportation, Air, Transport, Travel, Co-operative Party, ULCC, JBLU, Growth, Environment, The, Big Four, Justice, U.S. Department of Defense Strategy for Operating in Cyberspace, Airline, JetBlue, Spirit

An economic analysis found that JetBlue is proven on average to be over 3x as effective at lowering legacy carrier nonstop fares than Spirit.

Key Points: 
  • An economic analysis found that JetBlue is proven on average to be over 3x as effective at lowering legacy carrier nonstop fares than Spirit.
  • With the scale unlocked by combining with Spirit, JetBlue will be able to bring down legacy carrier fares on more routes, benefitting more travelers than if JetBlue and Spirit continued as standalone airlines.
  • These divestitures significantly reduce the already small number of nonstop overlap routes flown by JetBlue and Spirit.
  • The combination of JetBlue and Spirit plus the rapid growth of ULCCs will assure increased competition and low fares.

Swoop Announces New Domestic Routes Coming This Spring with Increased Frequencies and Connectivity

Retrieved on: 
Monday, March 6, 2023
London International Airport, Friends, YHM, Air travel, ULCC, YEG, YYZ, YDF, Travel, PVR, London International, YXX, YYG, Labrador, AB, YXU, Atmosphere, Deer Lake Regional Airport, Deer, CAD, YHZ, SJD, Airline, Tourism, Swoop

As part of this summer's domestic expansion, Swoop will be adding new service between London, ON (YXU) and Abbotsford (YXX), and will restart seasonal service between Hamilton (YHM) and Charlottetown (YYG).

Key Points: 
  • As part of this summer's domestic expansion, Swoop will be adding new service between London, ON (YXU) and Abbotsford (YXX), and will restart seasonal service between Hamilton (YHM) and Charlottetown (YYG).
  • "This summer we're thrilled to add significant frequencies on our top performing routes," continued Cummings.
  • Swoop is also signalling that winter is not over yet, with new seasonal extensions for its most popular sun-flying routes.
  • West coast connectivity will continue to soar with a 67% increase in flights operating to Abbotsford (YXX).

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Frontier Group Holdings, Inc. - ULCC

Retrieved on: 
Wednesday, March 1, 2023
LLP, Pomerantz, News, ULCC, Frontier, Cryptocurrency, Private investigator

NEW YORK, March 01, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Frontier Group Holdings, Inc. (“Frontier” or the “Company”) (NASDAQ: ULCC).

Key Points: 
  • NEW YORK, March 01, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Frontier Group Holdings, Inc. (“Frontier” or the “Company”) (NASDAQ: ULCC).
  • The investigation concerns whether Frontier and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • On February 9, 2023, Frontier reported its financial and operating results for the fourth quarter of 2022.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Flair Airlines appoints Chief Operating Officer

Retrieved on: 
Wednesday, February 22, 2023
LOT, Flight operations quality assurance, Maciej, Airport Operators Association, ULCC, Security, Team, Travel, Flair Airlines, LOT Polish Airlines, Quality assurance, Growth, Flair, PwC, Punctuality, AB, Airline, Maintenance, Safety

EDMONTON, AB, Feb. 22, 2023 /CNW/ - Flair Airlines, Canada's largest ultra low cost carrier, today announced that Maciej Wilk will join the company in the role of Chief Operating Officer.

Key Points: 
  • EDMONTON, AB, Feb. 22, 2023 /CNW/ - Flair Airlines, Canada's largest ultra low cost carrier, today announced that Maciej Wilk will join the company in the role of Chief Operating Officer.
  • Mr. Wilk joins Flair following 10 years' experience at LOT Polish Airlines in Warsaw including holding the role of Chief Operating Officer since 2017.
  • "Flair is very pleased to have attracted a person with a proven global track record," said Stephen Jones, President and CEO of Flair Airlines.
  • "The appointment of Mr. Wilk as Chief Operating Officer continues our building of an industry leading executive team.

Swoop Announces Launch of the Warmest Hoodie Ever: The First Hoodie that's a Plane Ticket South*

Retrieved on: 
Wednesday, February 22, 2023
WestJet, Clothing, CAD, ULCC, Life, AB, Hoodie, Airline, Tourism, Swoop

CALGARY, AB, Feb. 22, 2023 /CNW/ - Today, Swoop, Canada's leading ultra-low-cost airline announced the launch of a clothing line called Swoopwear , with an innovative debut product, coined "The Warmest Hoodie Ever."

Key Points: 
  • CALGARY, AB, Feb. 22, 2023 /CNW/ - Today, Swoop, Canada's leading ultra-low-cost airline announced the launch of a clothing line called Swoopwear , with an innovative debut product, coined "The Warmest Hoodie Ever."
  • With the Warmest Hoodie Ever, Canadians can fly roundtrip to destinations across the U.S., Mexico, and the Caribbean for the low price of $99*.
  • The Warmest Hoodie Ever makes it easier and more affordable than ever – reinforcing Swoop's core brand values."
  • The Warmest Hoodie ever is $99 CAD before tax and quantities are limited to 100 hoodies.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Frontier Group Holdings, Inc. - ULCC

Retrieved on: 
Monday, February 20, 2023
Frontier, ULCC, Pomerantz, LLP, News, Cryptocurrency, Private investigator

NEW YORK, Feb. 20, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Frontier Group Holdings, Inc. (“Frontier” or the “Company”) (NASDAQ: ULCC).

Key Points: 
  • NEW YORK, Feb. 20, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Frontier Group Holdings, Inc. (“Frontier” or the “Company”) (NASDAQ: ULCC).
  • The investigation concerns whether Frontier and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • On February 9, 2023, Frontier reported its financial and operating results for the fourth quarter of 2022.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.