Air travel | Jotup

U.S. Global Investors Reports Financial Results for the First Quarter of 2024 Fiscal Year

Retrieved on:

Thursday, December 14, 2023

Average assets under management (AUM) for the three-month period ended September 30, 2023, were $2.1 billion, a decrease of $835 million, or 28%, from the same quarter a year earlier.

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Average assets under management (AUM) for the three-month period ended September 30, 2023, were $2.1 billion, a decrease of $835 million, or 28%, from the same quarter a year earlier.
Global Jets ETF ( NYSE: JETS ), which saw net outflows totaling $668 million from January 2023 to September 2023 as mostly foreign investors, fearing a global recession, cut their exposure to ETFs,” says Frank Holmes, the Company’s CEO and Chief Investment Officer.
This is almost five times the number of shares that the Company repurchased during the same period a year earlier.
“Despite the macro challenges, the global luxury market has demonstrated great resilience in 2023, generating an estimated €1.5 trillion (about $1.6 trillion) in sales.

From The Highs to The Lows: CheapOair.ca Looks Ahead At What 2024 Holds For Canadian Travellers

Retrieved on:

Tuesday, December 12, 2023

Travel, Government, ETIAS, Research, Air travel, Statistics Canada, Union, Daniel, European, Aircraft, Growth, CPI, American Express, Overalls, CATSA, Tourism

This year was not without its fair share of successes and issues, despite continuing inflation, fluctuating fuel costs, and global instability.

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This year was not without its fair share of successes and issues, despite continuing inflation, fluctuating fuel costs, and global instability.
While global inflation is expected to fall in 2024, CheapOair.ca anticipates that the new year will still see further surprises and challenges for travelers.
In its Consumer Price Index (CPI), the agency reported that the price of air transportation dropped 19.4% last month compared with October 2022.
While global inflation is set to fall in 2024, it will continue to impact hotel costs, according to the report.

Lynx Air Adds Ottawa to its Growing Network

Retrieved on:

Monday, December 4, 2023

Tax, Travel, Lynx Air, Partnership, Sale, Air travel, YOW, National Gallery, Rideau Canal, Trapping

OTTAWA, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Lynx Air (Lynx), has announced the addition of Ottawa to its network.

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OTTAWA, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Lynx Air (Lynx), has announced the addition of Ottawa to its network.
With flight service starting on May 17, 2024, Ottawa is the 19th destination served by Lynx across North America.
“We are delighted to be adding Ottawa, Canada’s capital, to the Lynx Air network as we ramp up our summer 2024 schedule.
”Our team is proud to welcome Lynx Air to Ottawa.

eFuels Leader Infinium Receives $75M Equity Commitment from Breakthrough Energy Catalyst for Investment in Project Roadrunner

Retrieved on:

Wednesday, November 29, 2023

Structural adjustment, Travel, Partnership, GHG, Roadrunner, PTL, Air travel, Carbon dioxide, Growth, SAF, Aviation, CO2, Creativity, Plastic, Renewable energy

FORT WORTH, Texas, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Infinium and Breakthrough Energy Catalyst today announced a $75 million project equity investment commitment to support Infinium’s Project Roadrunner, subject to the satisfaction of certain closing conditions. Project Roadrunner will convert waste carbon dioxide (CO2) and renewable power into sustainable aviation fuel (SAF) and other low-carbon fuels. This first-of-a-kind commercial-scale Power-to-Liquids (PtL) eFuels facility is expected to be the largest PtL eFuels project in North America once operational. Breakthrough Energy Catalyst funds and invests in first-of-a-kind projects that support the deployment of emerging climate technologies to reduce emissions and accelerate the clean energy transition. This commitment represents Catalyst’s first equity investment to date.

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FORT WORTH, Texas, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Infinium and Breakthrough Energy Catalyst today announced a $75 million project equity investment commitment to support Infinium’s Project Roadrunner, subject to the satisfaction of certain closing conditions.
Breakthrough Energy Catalyst funds and invests in first-of-a-kind projects that support the deployment of emerging climate technologies to reduce emissions and accelerate the clean energy transition.
In tandem with Catalyst’s investment in Infinium, American Airlines and Infinium have entered into an innovative, firm offtake agreement for Infinium eSAF.
American joined Breakthrough Energy Catalyst as an anchor partner to accelerate the development of next-generation clean energy technologies, including SAF.

Surf Air Mobility Announces Oliver Reeves as Chief Financial Officer

Retrieved on:

Wednesday, December 27, 2023

Surf Air Mobility Inc. (NYSE: SRFM), the air mobility platform transforming regional flying through electrification, today announced that Oliver Reeves will join the Company as Chief Financial Officer.

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Surf Air Mobility Inc. (NYSE: SRFM), the air mobility platform transforming regional flying through electrification, today announced that Oliver Reeves will join the Company as Chief Financial Officer.
Mr. Reeves recently worked at Xinuos, Inc., where he served as the Chief Strategy Officer since 2019.
“We are very pleased to have Oliver join us on our journey to electrify regional air mobility,” said Stan Little, CEO of Surf Air Mobility.
Ms. White, who joined Surf Air Mobility in 2021 to help take the company through its public listing, will become a Senior Advisor to both Surf Air Mobility and the Surf Air Board of Directors.

Aviation Industry Innovator JSX Announces Intent to Acquire Over 300 Hybrid Electric Aircraft for Delivery Starting in 2028

Retrieved on:

Tuesday, December 19, 2023

“As the network airlines order ever-larger aircraft it is inevitable that more and more small markets will be abandoned.

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“As the network airlines order ever-larger aircraft it is inevitable that more and more small markets will be abandoned.
“Era, our low-carbon aircraft, provides the performance required for JSX to bring air connectivity to more local communities.
JSX plans to roll out these new aircraft as early as 2028, offering point-to-point mobility on state-of-the-art hybrid-electric aircraft in an exciting step forward for regional air travel.
JSX currently operates 48 Embraer E145 family aircraft, each configured to offer 30 seats, and employs over 1,200 crewmembers.

Beijing Review: The Time Is Always Right to Do What Is Right

Retrieved on:

Thursday, December 28, 2023

Xi, Filoli, Movement, Wind, Air travel, Season, Speech, Exhibition, COVID-19, Ice, Organization

Their cooperative efforts serve the common interests of both sides and contribute to the overall wellbeing of people worldwide.

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Their cooperative efforts serve the common interests of both sides and contribute to the overall wellbeing of people worldwide.
Trade between the two comprises about one fifth of the international import and export volume.
He said, "The time is always right to do what is right."
Inside the exhibition hall of the Central Gifts and Cultural Relics Management Center in Beijing, one particular gift on display testifies to the great ties.

Airport Ground Handling Services Market Report 2024 - Surge in Airport Construction, Modernization and Expansion Projects

Retrieved on:

Wednesday, December 20, 2023

International Air Transport Association, Safety, Automation, Aviation, Airport, Digitalization, Environment, Air travel, IATA, Airline

DUBLIN, Dec. 20, 2023 /PRNewswire/ -- The "Airport Ground Handling Services Market Report 2024-2034" report has been added to ResearchAndMarkets.com's offering.

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DUBLIN, Dec. 20, 2023 /PRNewswire/ -- The "Airport Ground Handling Services Market Report 2024-2034" report has been added to ResearchAndMarkets.com's offering.
World revenue for the Airport Ground Handling Services Market will surpass US$40.7 billion in 2024, with strong revenue growth through to 2034.
The surge in air travel demand serves as a primary driving force for the global airport ground handling services market.
Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising airport ground handling services prices and recent developments.

Allegiant transforms leisure travel space by opening new resort in Southwest Florida

Retrieved on:

Wednesday, December 20, 2023

PIE, Leisure, Travel, Sarasota–Bradenton International Airport, SFB, Nonstop, SRQ, City, F&B, Air travel, Heart, Food, St. Pete–Clearwater International Airport, Allegiant Travel Company, Growth, Orlando Sanford International Airport, Punta Gorda Airport, Tourism

LAS VEGAS, Dec. 20, 2023 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) continues to re-shape the domestic leisure travel space with last week's opening of Sunseeker Resort Charlotte Harbor, the airline's highly-anticipated hotel-resort located on the Gulf Coast in Southwest Florida.

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LAS VEGAS, Dec. 20, 2023 /PRNewswire/ -- Allegiant Travel Company ( NASDAQ: ALGT ) continues to re-shape the domestic leisure travel space with last week's opening of Sunseeker Resort Charlotte Harbor, the airline's highly-anticipated hotel-resort located on the Gulf Coast in Southwest Florida.
The opening of Sunseeker Resort is a key milestone in providing more customer offerings through our 'first-party' integrated resort."
With a world-class resort, 20 curated food and beverage brands and a retail shopping experience, Sunseeker Resort gives Allegiant the ability to provide enhanced experiences for our customers who visit Southwest Florida.
Sunseeker Resort offers a variety of those leisure activities which will make it a major draw for those traveling to Southwest Florida, Anderson added.

Italy Ecommerce Market Databook 2023 - Focus on Retail Shopping, Travel and Food Service E-Commerce and Key Player Profiles eBay, Zalando, ItTaxi, Tripadvisor, Glovo, Deliveroo and Uber Eats

Retrieved on:

Tuesday, December 19, 2023

The Ecommerce market in Italy is expected to grow by 8.67% on annual basis to reach US$51.1 billion in 2023.

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The Ecommerce market in Italy is expected to grow by 8.67% on annual basis to reach US$51.1 billion in 2023.
The Ecommerce gross merchandise value in Italy will increase from US$47.0 billion in 2022 to reach US$67.3 billion by 2027.
This report provides a detailed data centric analysis of Ecommerce market dynamics, covering over 100 KPIs in Italy.
It details market opportunity across key Ecommerce verticals - Retail Shopping, Travel & Hospitality, Online Food Service, Media and Entertainment, Healthcare and Wellness, and Technology Products and Services.