European Low Fares Airline Association

Frontier Airlines Reports Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, August 1, 2023
Vancouver's greenest city action plan, ASMS, Atmosphere, Frontier Airlines, Airbus A320neo family, Aviation, GAAP, Carbon, European Low Fares Airline Association, ULCC, Appendix, CASM, Transport, Team, Aircraft, Video game, Airline, Frontier, Midway International Airport

DENVER, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (Nasdaq: ULCC), parent company of Frontier Airlines, Inc., today reported financial results for the second quarter of 2023 and issued guidance for the third quarter and full year 2023.

Key Points: 
  • DENVER, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (Nasdaq: ULCC), parent company of Frontier Airlines, Inc., today reported financial results for the second quarter of 2023 and issued guidance for the third quarter and full year 2023.
  • "I'm proud of the strong work ethic of Team Frontier employees as we managed through the challenging conditions presented by June weather.
  • We are focused on delivering Low Fares Done Right, including sustaining our cost advantage over the industry as we grow the airline.”
    The following is a summary of second quarter select financial results, including both GAAP and adjusted (non-GAAP) metrics.
  • Refer to “Reconciliations of Non-GAAP Financial Information” in the appendix of this release.

A world of possibilities: Alaska Airlines officially joins oneworld

Retrieved on: 
Wednesday, March 31, 2021
Airlines, Aviation, Human activities, Association of Asia Pacific Airlines, Airline alliances, European Low Fares Airline Association, Frequent flyer programs, In aviation, Oneworld, Alaska Airlines, Qatar Airways, Japan Airlines

"Joining oneworld is joining a family of the best airlines in the world," saidBen Minicucci, Alaska's CEO.

Key Points: 
  • "Joining oneworld is joining a family of the best airlines in the world," saidBen Minicucci, Alaska's CEO.
  • With safety protocols in place due to the pandemic, Alaska and oneworld hosted a virtual celebration and news conference today in Seattle, the airline's hometown.
  • The 14 full members of oneworld are: Alaska Airlines; American Airlines; British Airways; Cathay Pacific Airways; Finnair; Iberia; Japan Airlines; Malaysia Airlines; Qantas; Qatar Airways; Royal Air Maroc; Royal Jordanian; S7 Airlines and SriLankan Airlines.
  • oneworld brings together 14 world-class airlines Alaska Airlines, American Airlines, British Airways, Cathay Pacific Airways, Finnair, Iberia, Japan Airlines, Malaysia Airlines, Qantas, Qatar Airways, Royal Air Maroc, Royal Jordanian, S7 Airlines and SriLankan Airlines, and more than 20 of their affiliates.

A world of possibilities: Alaska Airlines officially joins oneworld

Retrieved on: 
Wednesday, March 31, 2021
Airlines, Aviation, Human activities, Association of Asia Pacific Airlines, Airline alliances, European Low Fares Airline Association, Frequent flyer programs, In aviation, Oneworld, Alaska Airlines, Qatar Airways, Japan Airlines

Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8473052-alaska-airlines-official...

Key Points: 
  • Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8473052-alaska-airlines-official...
    "Joining oneworld is joining a family of the best airlines in the world," saidBen Minicucci, Alaska's CEO.
  • With safety protocols in place due to the pandemic, Alaska and oneworld hosted a virtual celebration and news conference today in Seattle, the airline's hometown.
  • The 14 full members of oneworld are: Alaska Airlines; American Airlines; British Airways; Cathay Pacific Airways; Finnair; Iberia; Japan Airlines; Malaysia Airlines; Qantas; Qatar Airways; Royal Air Maroc; Royal Jordanian; S7 Airlines and SriLankan Airlines.
  • oneworld brings together 14 world-class airlines Alaska Airlines, American Airlines, British Airways, Cathay Pacific Airways, Finnair, Iberia, Japan Airlines, Malaysia Airlines, Qantas, Qatar Airways, Royal Air Maroc, Royal Jordanian, S7 Airlines and SriLankan Airlines, and more than 20 of their affiliates.

The Sterling Group Announces Promotions

Retrieved on: 
Thursday, March 25, 2021
European Low Fares Airline Association, Sterling Airlines, Sterling, Massachusetts, Airlines, Aviation

HOUSTON, March 25, 2021 /PRNewswire/ --The Sterling Group, a Houston-based, operationally focused middle market private equity firm, announces four internal promotions: Erin Arnold has been promoted to Managing Director; Johann Friese to Principal; Aryan Sameri to Principal, Commercial Diligence and Strategy; and Jacob Broom to Vice President.

Key Points: 
  • HOUSTON, March 25, 2021 /PRNewswire/ --The Sterling Group, a Houston-based, operationally focused middle market private equity firm, announces four internal promotions: Erin Arnold has been promoted to Managing Director; Johann Friese to Principal; Aryan Sameri to Principal, Commercial Diligence and Strategy; and Jacob Broom to Vice President.
  • Erin Arnold, Managing Director, rejoined Sterling in 2020 after having spent time at Sterling in 2013 and 2014.
  • To learn more about a career at The Sterling Group, please visit www.sterling-group.com/careers/ or contact Claudine Lussier at [email protected] .
  • Founded in 1982, The Sterling Group is a private equity and private credit investment firm that targets investments in basic manufacturing, distribution, and industrial services companies.

Sterling is Selected as Preferred Background Screening Provider by Corcentric

Retrieved on: 
Tuesday, February 16, 2021
European Low Fares Airline Association, Sterling Airlines, Sterling, Massachusetts, Sterling, Strategic alliance, Airlines, Business, Aviation

NEW YORK, Feb. 16, 2021 /PRNewswire/ -- Sterling a leading provider of background and identity servicestoday announced its partnership with Corcentric , a leading provider of business spend management and revenue management software and services.

Key Points: 
  • NEW YORK, Feb. 16, 2021 /PRNewswire/ -- Sterling a leading provider of background and identity servicestoday announced its partnership with Corcentric , a leading provider of business spend management and revenue management software and services.
  • "We are proud to partner with Corcentric," said Harris Bornstein, Vice President of Strategic Alliances for Sterling.
  • As part of their evaluation process, Corcentric assessed several background screening providers and selected Sterling based on breadth of services, industry expertise, and value.
  • Sterling is a preferred Corcentric supplier and effective immediately, Corcentric members have access to Sterling's complete range of services, including:
    Criminal background checksincluding at the county, state, federal, and civil level
    Reginald Peterson, Director of Supply Management Programs for Corcentric, said, "We're excited to partner with Sterling to provide exceptional screening and monitoring services to our customers.

Aero Capital Solutions Acquires Twenty A320 Family Aircraft From easyJet Through Sale-and-Leaseback

Retrieved on: 
Thursday, February 11, 2021
Finance, Leasing, Money, Aviation, Low-cost carriers, EasyGroup, Airlines for Europe, European Low Fares Airline Association, EasyJet, Airbus A320 family, BOC Aviation, Leaseback

AUSTIN, Texas, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Aero Capital Solutions, Inc. (ACS), a leading mid-life aircraft leasing platform, is pleased to announce the acquisition of twenty A320 family aircraft from easyJet Airline Company Limited on a sale-and-leaseback basis.The transactions were completed in two tranches during 2020.

Key Points: 
  • AUSTIN, Texas, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Aero Capital Solutions, Inc. (ACS), a leading mid-life aircraft leasing platform, is pleased to announce the acquisition of twenty A320 family aircraft from easyJet Airline Company Limited on a sale-and-leaseback basis.The transactions were completed in two tranches during 2020.
  • Director of Strategy for easyJet, Shane Lord commented, The facilitation of sale-and-leaseback of these aircraft to our key strategic partner ACS has provided fleet planning and liquidity benefits for easyJet.
  • Aero Capital Solutions, Inc. ("ACS") is a leading mid-life aircraft leasing platform that has deployed in excess of USD $2.0 billion in aircraft assets since inception in 2010.
  • www.aerocapitalsolutions.com
    Contacts: Aero Capital Solutions, Inc. Cami Kirschner Chief Compliance Officer & VP Operations Phone: (737) 717-0600 Email: [email protected]

2020 Insights on Geopolitical Chaos Disrupting the Global Aircraft Market to 2030 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 20, 2021
Air, Transport, Aerospace, Manufacturing, Aviation, Aircraft, Boeing, Low-cost carriers, Boeing 737 MAX, Boeing 737, Airliner, In aviation, Airlines for Europe, European Low Fares Airline Association

The "Geopolitical Chaos Disrupts the Global Aircraft Market, 2019-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Geopolitical Chaos Disrupts the Global Aircraft Market, 2019-2030" report has been added to ResearchAndMarkets.com's offering.
  • The global aircraft market saw a year of turmoil in 2019 as the Boeing 737 MAX saga disrupted production from the commercial aircraft perspective.
  • The geopolitical chaos that followed the COVID-19 pandemic has become a major disruptive factor in the aircraft market.
  • General aviation aircraft is a broad market, and there will be a demand for training and sports aircraft.

Joe Dykstra Joins Sterling Organization as President of newly formed subsidiary Sterling Logistics Properties

Retrieved on: 
Friday, January 15, 2021
Geography of Florida, European Low Fares Airline Association, Sterling Airlines, Kosoy, Palm Beach, Florida, Sterling, Florida, Airlines

West Palm Beach, FL, Jan. 15, 2021 (GLOBE NEWSWIRE) -- Sterling Organization, a vertically integrated private equity real estate investment firm headquartered in West Palm Beach, FL, is pleased to welcome Joe Dykstra to itsleadershipteamasPresident of newly formedsubsidiarySterling Logistics Properties.

Key Points: 
  • West Palm Beach, FL, Jan. 15, 2021 (GLOBE NEWSWIRE) -- Sterling Organization, a vertically integrated private equity real estate investment firm headquartered in West Palm Beach, FL, is pleased to welcome Joe Dykstra to itsleadershipteamasPresident of newly formedsubsidiarySterling Logistics Properties.
  • Mr. Dykstra will be responsible for the execution of both the investment strategy and the day-to-day operational performance of thefirms consumerfocusedlogisticspropertiesdivision.
  • We are pleased to welcome someone of Joes caliber to Sterling, saidBrian Kosoy, Managing Principal, President and CEO of Sterling Organization.
  • I am excited tohelplaunch the newly formed Sterling Logistics Propertiesplatform and to join the leadership team of a firm like Sterling.

Frontline Road Safety, A Portfolio Company of The Sterling Group, Completes the Acquisition of Hi-Lite Airfield Services and Hires Tony G. Plut as CEO

Retrieved on: 
Monday, January 4, 2021
European Low Fares Airline Association, Sterling Airlines, Airlines, Aviation

HOUSTON, Jan. 4, 2021 /PRNewswire/ --Frontline Road Safety, a portfolio company of The Sterling Group ("Sterling"), today announced the acquisition of Hi-Lite Airfield Services and the hiring of CEO Tony G. Plut.

Key Points: 
  • HOUSTON, Jan. 4, 2021 /PRNewswire/ --Frontline Road Safety, a portfolio company of The Sterling Group ("Sterling"), today announced the acquisition of Hi-Lite Airfield Services and the hiring of CEO Tony G. Plut.
  • Through its operating companies, Frontline provides pavement marking services to a variety of end markets and customers.
  • The company performs airfield marking and rubber removal services throughout the United States, Puerto Rico, Canada and the Caribbean.
  • "Hi-Lite is a best-in-class operator, and a perfect fit within the expanding Frontline family of companies," said Brad Staller, Partner at The Sterling Group.

Regional Airline Association Publishes Its 2020 Annual Report

Retrieved on: 
Tuesday, November 17, 2020
Airlines, Aviation, Regional Airline Association, US Airways, Regional airline, Airline, European Low Fares Airline Association, Low-cost carriers, British brands

WASHINGTON, Nov. 17, 2020 /PRNewswire/ --With the publication of its 2020 Annual Report, Regional Airline Association (RAA) President and CEO Faye Malarkey Black issued the following statement:

Key Points: 
  • WASHINGTON, Nov. 17, 2020 /PRNewswire/ --With the publication of its 2020 Annual Report, Regional Airline Association (RAA) President and CEO Faye Malarkey Black issued the following statement:
    "It is my pleasure to provide a link to the 2020 Regional Airline Association Annual Report , which offers a critical overview of the data, statistics, and trends surrounding the regional airline industry.
  • Alongside industry data, you will find information about our airline members, associate members, and other service and supply companies that comprise the regional airline universe.
  • Reading this year's report, you may wonder: what will air service look like when we review our next Annual Report?
  • As we release this report showcasing the power of regional airline service, I want to thank you for being part of the community that protects it."