Airlines | Jotup

Spirit AeroSystems Announces Quarterly Cash Dividend

Retrieved on:

Tuesday, July 27, 2021

Contracts, Defense, Aerospace, Manufacturing, Onex Corporation, Spirit AeroSystems, SPR, Wichita, Kansas, Dividend, Aerostructure, US Airways, Airlines, Aviation, States of the United States

Spirit AeroSystems Holdings, Inc. (NYSE:SPR) today announced its board of directors declared a regular quarterly $0.01 per share cash dividend on its outstanding common stock.

Key Points:

Spirit AeroSystems Holdings, Inc. (NYSE:SPR) today announced its board of directors declared a regular quarterly $0.01 per share cash dividend on its outstanding common stock.
The dividend is payable on October 4, 2021, to stockholders of record as of the close of business on September 13, 2021.
Spirit AeroSystems is one of the world's largest manufacturers of aerostructures for commercial airplanes, defense platforms, and business/regional jets.
Headquartered in Wichita, Kansas, Spirit has facilities in the U.S., U.K., France, Malaysia and Morocco.

Twitter Tumbles, FOXNews.com Falls to Record-Low Satisfaction Score, ACSI Data Show

Retrieved on:

Tuesday, July 27, 2021

Customer satisfaction with each category may be unchanged, but its hard to ignore the negative movement among these well-known players.

Key Points:

Customer satisfaction with each category may be unchanged, but its hard to ignore the negative movement among these well-known players.
Twitter takes last place after experiencing the largest decline across all three e-business categories, plummeting 10% to an ACSI score of 61.
News and opinion websites hold steady, yet satisfaction with FOXNews.com falls to record low
Following a 3.9% drop one year ago, user satisfaction with news and opinion websites holds steady at an ACSI score of 74.
ACSI and its logo are Registered Marks of American Customer Satisfaction Index LLC.

Flora Growth to Partner with Avaria to Distribute Award-Winning Pain Cream Brand KaLaya Across LATAM & Produce Its CBD Formulations

Retrieved on:

Tuesday, July 27, 2021

Through the JV, Flora Growth will manage registration, sales, and distribution of KaLaya products in Colombia, Mexico, and other LATAM countries, while Avaria will supply finished product to the JV.

Key Points:

Through the JV, Flora Growth will manage registration, sales, and distribution of KaLaya products in Colombia, Mexico, and other LATAM countries, while Avaria will supply finished product to the JV.
These products are expected to be distributed across LATAM using Flora Labs established distribution channels, with the aim of exporting to the U.S. market, where Avaria is currently launching the KaLaya brand.
Avaria does not currently hold a license in Canada to produce cannabis derived versions of its products at a commercial scale.
Avarias KaLaya pain cream brand has enjoyed strong success since inception, where it enjoys three consecutive years of triple digit growth through their industry leading Canadian e-commerce channels.

Latin America In-Vitro Diagnostic Tests Research Report 2021 - ResearchAndMarkets.com

Retrieved on:

Monday, July 26, 2021

Biotechnology, Health, Medical devices, Airlines, Branches of biology, Holding companies, Biomarkers, Tumor marker, Prenatal testing, Medical test, LATAM Airlines Group, IVD

The "The Market for In Vitro Diagnostic Tests in Latin America" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "The Market for In Vitro Diagnostic Tests in Latin America" report has been added to ResearchAndMarkets.com's offering.
Latin America (LATAM) is a key target for IVD manufacturers exploring expansion opportunities.
This report, The Market for In Vitro Diagnostic Tests in Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela and other nations), focuses on the market for reagents and instruments in the most important countries of the continent.
Immunoassay (non-microbiology): hormones, tumor markers, bone markers, oncology markers, autoimmunity, allergy, anemia, neonatal tests, prenatal tests, interleukins, PCT.

WestJet gives guests more options via Amsterdam

Retrieved on:

Monday, July 26, 2021

Airlines, Aviation, Haarlemmermeer, Low-cost carriers, National Airports System, Onex Corporation, WestJet, Calgary International Airport, KLM, Amsterdam Airport Schiphol, Schiphol Airport railway station, Alberta

"Through this expanded codeshare relationship with KLM our guests will benefit from new opportunities to travel between Europe and Canada," said John Weatherill, WestJet Chief Commercial Officer.

Key Points:

"Through this expanded codeshare relationship with KLM our guests will benefit from new opportunities to travel between Europe and Canada," said John Weatherill, WestJet Chief Commercial Officer.
WestJet's inaugural service between Amsterdam Schiphol Airport (AMS) and Calgary International Airport (YYC) is set to depart on August 5, 2021.
"This is an exciting development for inbound travel and tourism to Alberta from key European markets via Amsterdam," said David Goldstein, CEO, Travel Alberta.
We look forward to working with WestJet to re-establish Alberta's competitiveness as a business and leisure destination emerging from the pandemic."

United Airlines CEO Scott Kirby Highlights Renewed Focus On Passenger Experience During Broadcast Event

Retrieved on:

Monday, July 26, 2021

Aviation, Airlines, Human activities, Low-cost carriers, Tune Group, American Airlines Group, AirAsia, Scott Kirby, US Airways, Qatar Airways, Willie Walsh, Airline

LONDON, July 26, 2021 /PRNewswire/ -- Scott Kirby, CEO of United Airlines, was amongst the biggest names in aviation that took part in the record-breaking FlightPlan: C-Suite Week online broadcast, highlighting the biggest lessons he has learned from the COVID-19 global pandemic and the airline's renewed focus and commitment to change its passenger experience as a result.

Key Points:

LONDON, July 26, 2021 /PRNewswire/ -- Scott Kirby, CEO of United Airlines, was amongst the biggest names in aviation that took part in the record-breaking FlightPlan: C-Suite Week online broadcast, highlighting the biggest lessons he has learned from the COVID-19 global pandemic and the airline's renewed focus and commitment to change its passenger experience as a result.
In addition to Scott Kirby, FlightPlan: C-Suite Weekconsisted of interviews with Akbar Al Baker (Group CEO, Qatar Airways), Tony Fernandes (CEO and Founder, AirAsia Group), Christine Ourmires-Widener (CEO, TAP Air Portugal), and Willie Walsh (Director General, IATA and former CEO of IAG).
The interviews also explored the ability of digitalisation to accelerate profitable growth for airlines and meet evolving passenger needs.
Steering United Airlines through the pandemic has brought the critical importance of customer experience to the fore for Kirby.

Southwest Airlines Joins Sabre Providing Industry-Standard Level Of Access To Carrier's Low Fares And Network As It Welcomes Business Travelers Back To The Sky

Retrieved on:

Monday, July 26, 2021

Aviation, Airlines, Low-cost carriers, Southwest Airlines, Airline, Human activities, Airline tickets, Civil aviation, Southwest Effect

As more businesses begin to open, we look forward to welcoming more travelers back to the sky with Southwest's famous Hospitality and Heart that sets Southwest apart within the airline industry."

Key Points:

As more businesses begin to open, we look forward to welcoming more travelers back to the sky with Southwest's famous Hospitality and Heart that sets Southwest apart within the airline industry."
Southwest has a robust network of point-to-point service with a strong presence across top leisure and business markets.
Southwest coined Transfarency to describeits purposed philosophy of treating Customers honestly and fairly, and low fares actually staying low.
Book Southwest Airlines' low fares online at Southwest.com or by phone at 800-I-FLY-SWA.

Lumen to Sell Latin American Business to Stonepeak for $2.7B

Retrieved on:

Monday, July 26, 2021

Airlines, Companies, Holding companies, Lumen, KPN, LATAM Airlines Group, LATAM Chile

DENVER and NEW YORK, July 26, 2021 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) and Stonepeak today announced the signing of a definitive agreement for Lumen to sell its Latin American business to Stonepeak, a leading alternative investment firm, for $2.7 billion.

Key Points:

DENVER and NEW YORK, July 26, 2021 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) and Stonepeak today announced the signing of a definitive agreement for Lumen to sell its Latin American business to Stonepeak, a leading alternative investment firm, for $2.7 billion.
Under the terms of the purchase agreement, Lumen will divest its Latin American business, which will operate as an independent, U.S. headquartered portfolio company of Stonepeak (the "New LATAM Company").
The current Latin American leadership team and organization will remain in place, led by Hector Alonso, Lumen's president for the region.
"Stonepeak has been an early and active investor in digital infrastructure globally and we are looking forward to applying our experience and additional capital to Lumen's Latin American business."

Aeroflot Launches International Flights from the Newest Terminal C at Sheremetyevo International Airport

Retrieved on:

Friday, July 23, 2021

Aviation, Former Aeroflot divisions, Khimki, Sheremetyevo International Airport, Airlines, Human activities, Novaport, Aeroflot, Vladivostok Air, Pulkovo Airport

MOSCOW, July 23, 2021 /PRNewswire/ --Aeroflot began full operation of its international flights today from Terminal C at Sheremetyevo International Airport.

Key Points:

MOSCOW, July 23, 2021 /PRNewswire/ --Aeroflot began full operation of its international flights today from Terminal C at Sheremetyevo International Airport.
Aeroflot's decision to begin flights from the new Terminal C was driven by the increasing need for terminal capacity due to passenger demand and the start of flights to several countries.
Today we resume international flights from the modern Terminal C. It's nice that we can afford these important and large-scale projects and compete with the global airports in Europe, America and Asia."
The beginning of flights from Terminal C is a new stage in the history of long-term cooperation of our airline with Sheremetyevo International Airport."

Air Canada Reports Second Quarter 2021 Results

Retrieved on:

Friday, July 23, 2021

Countries, Airlines, International organizations, Air Canada, Saint-Laurent, Quebec, Star Alliance, Earnings before interest, taxes, depreciation and amortization, Canada, Line 5 Eglinton

MONTREAL, July 23, 2021 /CNW Telbec/ - Air Canada today reported financial results for the second quarter 2021.

Key Points:

MONTREAL, July 23, 2021 /CNW Telbec/ - Air Canada today reported financial results for the second quarter 2021.
In the second quarter of 2021, Air Canada increased its ASM capacity by 78 per cent compared to the second quarter of 2020 (a reduction of 86 per cent when compared to the second quarter of 2019).
In the second quarter of 2021, Air Canada concluded the following financing transactions:
On April 12, 2021, Air Canada entered into a series of debt and equity financing agreements with the Government of Canada (acting through Canada Enterprise Emergency Funding Corporation) which allows Air Canada to access up to $5.879 billion in liquidity through the Large Employer Emergency Financing Facility (LEEFF) program.
Air Canada excludes special items from EBITDA as these items may distort the analysis of certain business trends and render comparative analysis to other airlines less meaningful.Refer to the "Non-GAAP Financial Measures" section in Air Canada's Second Quarter 2021 MD&A for a discussion of special items relating to the second quarter of 2021.