Showing posts with label LATAM Airlines. Show all posts
Showing posts with label LATAM Airlines. Show all posts
Tuesday, 2 June 2020
CHILE: LATAM Files For U.S. Bankruptcy Protection Seeking Emergency Reorganization Due To The Pandemic.
LATAM Airlines Group has sought chapter 11 bankruptcy protection in the United States as the company seeks to reorganise in the wake of the Covid-19 outbreak.
Affiliates in Chile, Peru, Colombia and Ecuador are all involved in the move.
Colombian carrier Avianca took a similar step earlier this month.
LATAM entered the Covid-19 pandemic as a healthy and profitable airline group, yet exceptional circumstances have led to a collapse in global demand and has not only brought aviation to a virtual standstill.
But it has also changed the industry for the foreseeable future, says Roberto Alvo, chief executive of LATAM.
We have implemented a series of difficult measures to mitigate the impact of this unprecedented industry disruption, but ultimately this path represents the best option to lay the right foundation for the future of our airline group.
We are looking ahead to a post-Covid-19 future and are focused on transforming our group to adapt to a new and evolving way of flying, with the health and safety of our passengers and employees being paramount.”
LATAM laid off 1,800 employees out of over 40,000 in the lead-up to its bankruptcy filing.
The group said it had secured the financial support of shareholders, including the Cueto and Amaro families, and Qatar Airways, to provide up to $900 million in debtor-in-possession financing.
In addition, as of the filing for voluntary protection, the group had approximately US$$1.3 billion in cash on hand.
The chapter 11 financial reorganisation process is a legal framework under which LATAM, and its affiliates, will have the opportunity to resize operations to the new demand environment.
LATAM said it was also in discussions with the governments of Chile, Brazil, Colombia and Peru to assist in sourcing additional financing, protect jobs where possible and minimise disruption to its operations.
Faced with the biggest crisis in the history of aviation, the Board has approved this path forward having analysed all the available alternatives to ensure the sustainability of the group.
As we have adapted to new realities in the past, we are confident that LATAM will be able to succeed in the post-Covid-19 context and continue to serve Latin America, connecting the region with the world, said Ignacio Cueto, chairman of LATAM board of directors.
LATAM Airlines, the largest Latin American air transport group, had losses of $2.12 billion in the first quarter after an accounting adjustment of its assets amid the coronavirus pandemic, the company said in a statement late on Friday.
LATAM said its operational quarterly result was 17% higher year-on-year despite the fact that in March it reduced its offer of flights due to the first effects of the health crisis.
The firm mainly attributed the loss to a goodwill impairment loss of $1.73 billion as a result of the pandemic, the statement said.
The accounting loss is a natural consequence of the impact that COVID-19 has had over the entire industry, where inevitably the assets of airlines are devalued due to the impossibility of operating, CEO Roberto Alvo said in the statement.
Revenue from ordinary activities fell 6.8% to $2.266 billion between January and March.
LATAM filed for U.S. bankruptcy protection on Tuesday, becoming the world’s largest carrier so far to seek an emergency reorganization due to the pandemic.
LATAM Airlines Group S.A. is an airline holding company headquartered in Santiago, Chile. It is considered the largest airline in Latin America with subsidiaries in Argentina, Brazil, Colombia, Ecuador, Paraguay and Peru.
Although LATAM Airlines' headquarters are located in Chile, the carrier is an American depositary receipt and trades on both the Santiago Stock Exchange and New York Stock Exchange.
The company filed for Chapter 11 bankruptcy in the United States on May 26, 2020 due to economic problems attributed to the impact of the COVID-19 pandemic on aviation.
Chile's LAN Airlines and Brazil's TAM Airlines signed a non-binding agreement to merge on 13 August 2010, followed by a binding agreement on 19 January 2011 and papers to close the merger on 22 June 2012, with TAM Airlines’ shareholders agreeing to the takeover by LAN Airlines.
Enrique Cueto, former CEO of LAN, became the CEO of LATAM;[16] Mauricio Rolim Amaro, formerly vice-chairman of TAM, became LATAM chairman.
Friday, 7 September 2018
USA: LATAM Airlines Lost A Labradoodle Passenger's Dog
LATAM Airlines has lost a family’s emotional support dog, a labradoodle named Logan, in New York after the pet seemingly failed to board a flight to Paraguay on August 27.
LATAM Airlines based in Chile said that it deeply regrets the situation after the dog belonging to the parents of Connecticut man Jonathan Rolon—disappeared.
The parents had flown out of John F. Kennedy International Airport to Paraguay.
But when they landed, the pooch was nowhere to be seen.
According to Rolon, the airline company informed him the labradoodle never actually boarded the flight due to a ramp issue.
When he contacted the New York airport, Rolon said he was informed that an employee had taken the dog home, where it had then escaped and gone missing
LATAM Airlines Group S.A. is a Chilean airline holding company incorporated under Chilean law and headquartered in Santiago.
It is considered the largest airline in Latin America with subsidiaries in Argentina, Brazil, Colombia, Ecuador, Paraguay and Peru.
Chile's LAN Airlines and Brazil's TAM Airlines signed a non-binding agreement on 13 August 2010, a binding agreement on 19 January 2011, and papers to close the merger on 22 June 2012, with TAM Airlines shareholders agreeing to the takeover by LAN Airlines.
Enrique Cueto, former CEO of LAN, is CEO of LATAM; Mauricio Rolim Amaro, formerly vice-chairman of TAM, became LATAM chairman.
The agreement to establish LATAM was approved by Chilean authorities on 21 September 2011, with 11 restrictions.
These include transferring four landing slots at Sao Paulo-Guarulhos International Airport to competitors interested in operating flights to Santiago de Chile's Comodoro Arturo Merino Benítez International Airport.
Renouncing membership to either the Oneworld or Star Alliance airline alliance.
Restricting the increase in capacity on flights between Brazil and Chile; and opening code-share possibilities and fidelity program membership to interested competitors.
On 14 December 2011, Brazilian authorities approved the agreement, imposing similar restrictions as Chilean authorities.
LATAM would have to choose an alliance by August 2012.
Frequencies between Sao Paulo and Santiago de Chile would have to be reduced. At the time TAM had two pairs of slots while LAN had four, LAN had to relinquish two pairs to competitors interested in using them.
On 7 March 2013, LATAM announced its final decision to choose Oneworld as its global airline alliance; as a result TAM left Star Alliance during the second quarter of 2014 to join Oneworld.
In August 2015, it was announced that all LATAM Airlines Group airlines would fully rebrand as LATAM, with one unified livery to be applied on all aircraft by 2018.
The first of these aircraft were repainted or delivered new in a new LATAM livery in April 2016.
LATAM Airlines Group is currently working on the rebranding process, which is expected to be completed by 2019.
Changes are becoming gradually more evident in physical spaces, on aircraft, at business offices, airport service counters, web sites, uniforms among others.
Some changes are already in place, mainly in passenger travel experiences, such as the new cabin interiors which have been incorporated into the fleet, new VIP lounges in Sao Paulo.
Santiago currently open to the public and forming part of the largest network of frequent flyer lounges in the region, and digital platforms such as the onboard entertainment system for mobile devices.
LATAM Airlines shareholder structure is:
- Chile Cueto Group - 27.91%
- Chile Administradoras de Fondos de Pensiones or Chilean Pension Funds - 21%
- Qatar Airways - 10.03%
- Chile Eblen Group - 5.93%
- Chile Bethia Group - 5.5%
- United States American depositary receipts (ADR) - 3.98%
- Brazil Amaro Group - 3%
- Foreign investors - 10.2%
- Others - 12.2%
LATAM Airlines Group is one of the largest airline groups in the world in terms of network connections, with its subsidiaries operating a combined fleet of 315 aircraft providing passenger transport services to 137 destinations in 24 countries.
LATAM Airlines has 18 aircraft providing cargo services to 144 destinations in 29 countries.
LATAM’s main hubs are Santiago de Chile's Comodoro Arturo Merino Benitez International Airport, Jorge Chavez International Airport in Lima, Sao Paulo–Guarulhos International Airport and El Dorado International Airport in Bogota.
The company is exploring the creation of a new hub in northeastern Brazil with the objective of expanding operations between Europe and South America.
Bogota was recently announced as the new hub for the Caribbean.
The airlines majority and minority-owned by LATAM Airlines Group through the primary airlines' various subsidiaries are as follows:
- Chile: LATAM Chile
- Argentina: LATAM Argentina
- Chile: LATAM Cargo Chile
- Chile: LATAM Express
- Colombia: LATAM Colombia
- Colombia: LATAM Cargo Colombia
- Ecuador: LATAM Ecuador
- Mexico: LATAM Cargo Mexico
- Peru: LATAM Peru
- Brazil: LATAM Brasil
- Brazil: LATAM Cargo Brasil
- Paraguay: LATAM Paraguay
Tourism Observer
LATAM Airlines based in Chile said that it deeply regrets the situation after the dog belonging to the parents of Connecticut man Jonathan Rolon—disappeared.
The parents had flown out of John F. Kennedy International Airport to Paraguay.
But when they landed, the pooch was nowhere to be seen.
According to Rolon, the airline company informed him the labradoodle never actually boarded the flight due to a ramp issue.
When he contacted the New York airport, Rolon said he was informed that an employee had taken the dog home, where it had then escaped and gone missing
LATAM Airlines Group S.A. is a Chilean airline holding company incorporated under Chilean law and headquartered in Santiago.
It is considered the largest airline in Latin America with subsidiaries in Argentina, Brazil, Colombia, Ecuador, Paraguay and Peru.
Chile's LAN Airlines and Brazil's TAM Airlines signed a non-binding agreement on 13 August 2010, a binding agreement on 19 January 2011, and papers to close the merger on 22 June 2012, with TAM Airlines shareholders agreeing to the takeover by LAN Airlines.
Enrique Cueto, former CEO of LAN, is CEO of LATAM; Mauricio Rolim Amaro, formerly vice-chairman of TAM, became LATAM chairman.
The agreement to establish LATAM was approved by Chilean authorities on 21 September 2011, with 11 restrictions.
These include transferring four landing slots at Sao Paulo-Guarulhos International Airport to competitors interested in operating flights to Santiago de Chile's Comodoro Arturo Merino Benítez International Airport.
Renouncing membership to either the Oneworld or Star Alliance airline alliance.
Restricting the increase in capacity on flights between Brazil and Chile; and opening code-share possibilities and fidelity program membership to interested competitors.
On 14 December 2011, Brazilian authorities approved the agreement, imposing similar restrictions as Chilean authorities.
LATAM would have to choose an alliance by August 2012.
Frequencies between Sao Paulo and Santiago de Chile would have to be reduced. At the time TAM had two pairs of slots while LAN had four, LAN had to relinquish two pairs to competitors interested in using them.
On 7 March 2013, LATAM announced its final decision to choose Oneworld as its global airline alliance; as a result TAM left Star Alliance during the second quarter of 2014 to join Oneworld.
In August 2015, it was announced that all LATAM Airlines Group airlines would fully rebrand as LATAM, with one unified livery to be applied on all aircraft by 2018.
The first of these aircraft were repainted or delivered new in a new LATAM livery in April 2016.
LATAM Airlines Group is currently working on the rebranding process, which is expected to be completed by 2019.
Changes are becoming gradually more evident in physical spaces, on aircraft, at business offices, airport service counters, web sites, uniforms among others.
Some changes are already in place, mainly in passenger travel experiences, such as the new cabin interiors which have been incorporated into the fleet, new VIP lounges in Sao Paulo.
Santiago currently open to the public and forming part of the largest network of frequent flyer lounges in the region, and digital platforms such as the onboard entertainment system for mobile devices.
LATAM Airlines shareholder structure is:
- Chile Cueto Group - 27.91%
- Chile Administradoras de Fondos de Pensiones or Chilean Pension Funds - 21%
- Qatar Airways - 10.03%
- Chile Eblen Group - 5.93%
- Chile Bethia Group - 5.5%
- United States American depositary receipts (ADR) - 3.98%
- Brazil Amaro Group - 3%
- Foreign investors - 10.2%
- Others - 12.2%
LATAM Airlines Group is one of the largest airline groups in the world in terms of network connections, with its subsidiaries operating a combined fleet of 315 aircraft providing passenger transport services to 137 destinations in 24 countries.
LATAM Airlines has 18 aircraft providing cargo services to 144 destinations in 29 countries.
LATAM’s main hubs are Santiago de Chile's Comodoro Arturo Merino Benitez International Airport, Jorge Chavez International Airport in Lima, Sao Paulo–Guarulhos International Airport and El Dorado International Airport in Bogota.
The company is exploring the creation of a new hub in northeastern Brazil with the objective of expanding operations between Europe and South America.
Bogota was recently announced as the new hub for the Caribbean.
The airlines majority and minority-owned by LATAM Airlines Group through the primary airlines' various subsidiaries are as follows:
- Chile: LATAM Chile
- Argentina: LATAM Argentina
- Chile: LATAM Cargo Chile
- Chile: LATAM Express
- Colombia: LATAM Colombia
- Colombia: LATAM Cargo Colombia
- Ecuador: LATAM Ecuador
- Mexico: LATAM Cargo Mexico
- Peru: LATAM Peru
- Brazil: LATAM Brasil
- Brazil: LATAM Cargo Brasil
- Paraguay: LATAM Paraguay
Tourism Observer
Thursday, 27 April 2017
Qantas No More Melbourne-Dubai-London Flights
Qantas Airways has plans to drop the Melbourne-Dubai-London flights it is currently operating with Emirates in order to boost its services on the UK route and meet high demand from the Asian market.
The move also comes in the wake of heightened security measures that affect flyers from Dubai and other parts of the Middle East.
The Aussie carrier revealed the plans on Thursday when it announced the sale of tickets for its upcoming non-stop flights between Perth and London, which will begin on March 24, 2018.
The new Perth-London service will fly passengers from Melbourne to the UK and back without passing through Dubai, eventually reducing the travel time by more than one hour.
“The new QF9/10 will replace Qantas’ existing Melbourne-Dubai-London services,” Qantas said in a statement released on Thursday.
“With a faster flying time and quicker connections in Perth, customers travelling to London from Melbourne will reduce their total travel time by more than an hour compared with existing Qantas A380 services.”
The airline’s A380 that currently serves the Melbourne-London route will be redeployed to meet periods of high demand from Melbourne and Sydney to destinations in Asia, such as Singapore and Hong Kong, Qantas added.
The airline, however, assured that its partnership with Emirates will continue to deliver services for the European market.
Qantas customers in Melbourne will have the option to fly with partner Emirates on Qantas code to Dubai and then direct nearly 40 destinations in Europe. Emirates is up-gauging its third daily flight from the Victorian city from a Boeing 777-300ER to an A380 service from the 25th March, 2018.
Qantas Group CEO Alan Joyce said the route will boost tourism in Australia and meet the growing demand from travellers. He noted that since its announcement in December 2016, the Perth-London service had attracted a lot of interest.
This route makes Western Australia a new tourism gateway for Australia. We know from our research that there’s a lot of appetite to explore the West, not just from British and European visitors but also from Aussies on their way to London.
A lot of business travellers, particularly in the resources sector, will stop off in Perth on their way to the UK.
Oman’s new budget airline SalamAir will operate as many as 12 Airbus A320 narrow body jets by 2020, as it aims for profitability by the end 2018, its chief executive said on Wednesday.
Launched in January, SalamAir has started flights from Muscat to Dubai in the United Arab Emirates, Jeddah in Saudi Arabia and Salalah in Oman.
It plans to increase its fleet to between 10 and 12 A320s by 2020 from the three it has leased from Chile’s LATAM Airlines, CEO Francois Bouteiller said in Dubai.
Two to three of those will be added in 2018, he said.
Bouteiller said the airline is yet to decide if it should purchase or continue to lease aircraft but that it would only be interested in current model Airbus A320s and not the ‘neo’ variant.
SalamAir expects to carry between 750,000 and 800,000 passengers in 2017 with a load factor or how full its planes are of between 70 per cent and 80 per cent.
Bouteiller said the airline would mostly fly to destinations within three hours flying time of Oman.
The carrier, owned by the Omani government pension funds and the Muscat municipality, will launch up to five new routes from May: Medina in Saudi Arabia, Sialkot, Karachi and Multan in Pakistan and Dhaka in Bangladesh, Bouteiller said.
SalamAir is the second airline operating in Oman after state-owned Oman Air. SalamAir operates a single economy class product with 174 seats.
Malaysia Airlines has offered to lease Airbus A330 jets from Alitalia if the struggling Italian airline is wound up, the Asian carrier’s chief executive said on Wednesday.
Alitalia is preparing for special administration proceedings after workers rejected its latest rescue plan, making it impossible for the loss-making airline to secure funds to keep its aircraft flying.
Workers are hoping the Italian government will step in with an alternative rescue deal.
Malaysia Airlines could take between six and eight Airbus A330s from Alitalia, CEO Peter Bellew told Reuters in Dubai. “I hope Alitalia stays in business but it doesn’t look good to me today. I think it’s hard to see how they are going come back from the pressure they are sitting on at the moment,” he said.
An Alitalia spokesman declined to comment.
Malaysia Airlines is emerging from a turnaround after suffering two tragedies in 2014, when flight MH370 from Kuala Lumpur to Beijing disappeared in what remains a mystery, and then flight MH17 from Amsterdam to Kuala Lumpur was shot down over eastern Ukraine.
Its load factors or how full its planes are averaged around 80 per cent in the three months to March 31, Bellew said.
Malaysia Airlines wants to lease between six and eight A330s or Boeing 777s for use from 2018 and a further seven to nine from 2019, he said, expecting to finalise most of those deals in the next four to six weeks.
This is an increase on the six for 2018 and six for 2019 he told Reuters last month he was interested in. “The world really is awash right now,” Bellew said with regard to spare wide-body aircraft, adding that he also saw opportunities to take aircraft from Middle East carriers.
There are really good deals out there at the moment. It’s a buyer’s market right now. Bellew also said he planned to make a decision on an order for 30-35 new Airbus A330neo or Boeing 787-9 wide-body planes in the next four to six months to replace existing aircraft in its fleet from the end of 2019.
If the prices are good we will do an order, he said.
But they need to sharpen their pencils because they are still unrealistic with the pricing in the current market. Malaysia Airlines would look for more leases if it doesn’t get the pricing it wants, he said.
It could also convert or add to an existing order for 25 of Boeing’s new generation 737 MAX 8 narrow body aircraft or the proposed bigger MAX 10 version currently being offered informally to the market by the US plane maker.
Bellew did not say how many could be ordered or when a decision might be made.
Industry sources said on Tuesday that Boeing was nearing a decision to launch the MAX 10 plane at the Paris Airshow in June.
Malaysia Airlines plans to trim its narrowbody fleet to between 35 and 40 aircraft from 54 currently and increase its number of wide-bodies from 15 to 35.
The airline is aiming for a return to profitability by 2018 and stock market listing in March the following year.
Bellew said he believed a majority of the airline would be listed.
The move also comes in the wake of heightened security measures that affect flyers from Dubai and other parts of the Middle East.
The Aussie carrier revealed the plans on Thursday when it announced the sale of tickets for its upcoming non-stop flights between Perth and London, which will begin on March 24, 2018.
The new Perth-London service will fly passengers from Melbourne to the UK and back without passing through Dubai, eventually reducing the travel time by more than one hour.
“The new QF9/10 will replace Qantas’ existing Melbourne-Dubai-London services,” Qantas said in a statement released on Thursday.
“With a faster flying time and quicker connections in Perth, customers travelling to London from Melbourne will reduce their total travel time by more than an hour compared with existing Qantas A380 services.”
The airline’s A380 that currently serves the Melbourne-London route will be redeployed to meet periods of high demand from Melbourne and Sydney to destinations in Asia, such as Singapore and Hong Kong, Qantas added.
The airline, however, assured that its partnership with Emirates will continue to deliver services for the European market.
Qantas customers in Melbourne will have the option to fly with partner Emirates on Qantas code to Dubai and then direct nearly 40 destinations in Europe. Emirates is up-gauging its third daily flight from the Victorian city from a Boeing 777-300ER to an A380 service from the 25th March, 2018.
Qantas Group CEO Alan Joyce said the route will boost tourism in Australia and meet the growing demand from travellers. He noted that since its announcement in December 2016, the Perth-London service had attracted a lot of interest.
This route makes Western Australia a new tourism gateway for Australia. We know from our research that there’s a lot of appetite to explore the West, not just from British and European visitors but also from Aussies on their way to London.
A lot of business travellers, particularly in the resources sector, will stop off in Perth on their way to the UK.
Oman’s new budget airline SalamAir will operate as many as 12 Airbus A320 narrow body jets by 2020, as it aims for profitability by the end 2018, its chief executive said on Wednesday.
Launched in January, SalamAir has started flights from Muscat to Dubai in the United Arab Emirates, Jeddah in Saudi Arabia and Salalah in Oman.
It plans to increase its fleet to between 10 and 12 A320s by 2020 from the three it has leased from Chile’s LATAM Airlines, CEO Francois Bouteiller said in Dubai.
Two to three of those will be added in 2018, he said.
Bouteiller said the airline is yet to decide if it should purchase or continue to lease aircraft but that it would only be interested in current model Airbus A320s and not the ‘neo’ variant.
SalamAir expects to carry between 750,000 and 800,000 passengers in 2017 with a load factor or how full its planes are of between 70 per cent and 80 per cent.
Bouteiller said the airline would mostly fly to destinations within three hours flying time of Oman.
The carrier, owned by the Omani government pension funds and the Muscat municipality, will launch up to five new routes from May: Medina in Saudi Arabia, Sialkot, Karachi and Multan in Pakistan and Dhaka in Bangladesh, Bouteiller said.
SalamAir is the second airline operating in Oman after state-owned Oman Air. SalamAir operates a single economy class product with 174 seats.
Malaysia Airlines has offered to lease Airbus A330 jets from Alitalia if the struggling Italian airline is wound up, the Asian carrier’s chief executive said on Wednesday.
Alitalia is preparing for special administration proceedings after workers rejected its latest rescue plan, making it impossible for the loss-making airline to secure funds to keep its aircraft flying.
Workers are hoping the Italian government will step in with an alternative rescue deal.
Malaysia Airlines could take between six and eight Airbus A330s from Alitalia, CEO Peter Bellew told Reuters in Dubai. “I hope Alitalia stays in business but it doesn’t look good to me today. I think it’s hard to see how they are going come back from the pressure they are sitting on at the moment,” he said.
An Alitalia spokesman declined to comment.
Malaysia Airlines is emerging from a turnaround after suffering two tragedies in 2014, when flight MH370 from Kuala Lumpur to Beijing disappeared in what remains a mystery, and then flight MH17 from Amsterdam to Kuala Lumpur was shot down over eastern Ukraine.
Its load factors or how full its planes are averaged around 80 per cent in the three months to March 31, Bellew said.
Malaysia Airlines wants to lease between six and eight A330s or Boeing 777s for use from 2018 and a further seven to nine from 2019, he said, expecting to finalise most of those deals in the next four to six weeks.
This is an increase on the six for 2018 and six for 2019 he told Reuters last month he was interested in. “The world really is awash right now,” Bellew said with regard to spare wide-body aircraft, adding that he also saw opportunities to take aircraft from Middle East carriers.
There are really good deals out there at the moment. It’s a buyer’s market right now. Bellew also said he planned to make a decision on an order for 30-35 new Airbus A330neo or Boeing 787-9 wide-body planes in the next four to six months to replace existing aircraft in its fleet from the end of 2019.
If the prices are good we will do an order, he said.
But they need to sharpen their pencils because they are still unrealistic with the pricing in the current market. Malaysia Airlines would look for more leases if it doesn’t get the pricing it wants, he said.
It could also convert or add to an existing order for 25 of Boeing’s new generation 737 MAX 8 narrow body aircraft or the proposed bigger MAX 10 version currently being offered informally to the market by the US plane maker.
Bellew did not say how many could be ordered or when a decision might be made.
Industry sources said on Tuesday that Boeing was nearing a decision to launch the MAX 10 plane at the Paris Airshow in June.
Malaysia Airlines plans to trim its narrowbody fleet to between 35 and 40 aircraft from 54 currently and increase its number of wide-bodies from 15 to 35.
The airline is aiming for a return to profitability by 2018 and stock market listing in March the following year.
Bellew said he believed a majority of the airline would be listed.
Friday, 2 December 2016
Key Enhancements To Oneworld Events Unveiled
oneworld®, the world’s most awarded global airline alliance, today unveiled key enhancements to oneworld events, its one-stop, easy-to-use travel service for the conferences, conventions, meetings, exhibitions and special events markets.
Key improvements include:
Lowering by half the minimum requirement for the number of delegates flying internationally to an event, to just 50.
A simpler and more generous incentive for event organisers.
The changes are being made on the back of a record year for the programme – with more events and conventions selecting oneworld as their official air travel partner.
They were announced on the opening day of one of the biggest events of the year for this sector of the travel industry – IBTM World. Reed Travel Exhibitions, which manages IBTM worldwide, has itself selected oneworld as its official and exclusive global air travel partner for the market-leading events in its portfolio.
oneworld Director of Sales José María Alvarado said: “The past 12 months have seen oneworld events break all records with twice as many events and conventions signing oneworld to be their global air travel partner than in the year before. So far in 2016, through the oneworld events programme, oneworld has been chosen as the global air travel partner for organisers of events and conventions in more than 100 different cities in 30 plus different countries.
“It is very clear that event organisers and delegates love the attractive flight discounts the programme offers on a collection of some of the world’s leading airlines, to say nothing of the programme’s ease of use and the many other benefits oneworld events provides. Now oneworld events is even better.”
oneworld events is aimed at conferences, conventions, meetings, exhibitions and special events targeting, from today, a minimum of 50 attendees flying internationally - half the previous minimum requirement. Requests are accepted as early as five years in advance and up to three months prior to the event date.
For meeting, event and convention organisers, oneworld events provides:
An efficient and user-friendly centralised process, with one set of terms and conditions covering travel on all oneworld member airlines that can be ready for acceptance just days after submitting the online request form.
Attractive discounts for attendees on flights on oneworldmember airlines, which together serve more than a thousand destinations in 150 plus countries around the globe.
Access to the easy-to-use oneworld events online booking tool, together with option to designate a travel agency.
The chance for organisers to earn and redeem travel credits for flights on participating oneworld member airlines.
Simple online access to real-time management reports 24/7, when using oneworld’s own online booking tool, to help meet attendees’ travel needs.
A ready-to-use oneworld promotional toolkit to build attendee awareness.
For attendees, oneworld events offers:
Attractive discounts on flights for attendees and one travel companion each, on oneworld member airlines, which together serve a thousand destinations in more than 150 countries around the globe. From today, those discounts can be obtained not just by booking direct via oneworld events' easy-to-use website but also via designated travel agencies.
Option to book those discounts direct via oneworld events' easy-to-use website and via designated travel agencies.
A user-friendly booking tool that displays the most convenient flights and multiple fare options from hundreds of departure points all over the world to the event or convention location.
Travel on a collection of some of the world’s leading airlines.
Round-the-clock support, when booking via oneworld’s own online booking tool, with the oneworld events helpdesk ready to help via email or phone.
All the usual privileges and benefits afforded to members of any oneworld member airline frequent flyer programme – including the ability to earn miles/points and, for top tier cardholders and one companion each, to use any of the 650 plus airport lounges provided by the alliance’s airlines the world over. Attendees who are not yet members can sign-up before they depart and then receive their benefits and privileges on their way to or from their convention or event.
About oneworld
oneworld is an alliance of some of the world’s leading airlines, committed to providing the highest level of service and convenience to frequent international travellers. They include airberlin, American Airlines, British Airways, Cathay Pacific, Finnair, Iberia, Japan Airlines, LATAM Airlines, Malaysia Airlines, Qantas, Qatar Airways, Royal Jordanian, S7 Airlines and SriLankan Airlines, and around 30 affiliates. As part of oneworld, these airlines:
Serve more a thousand airports in 150 plus countries, with 14,000 daily departures.
Carry some 550 million passengers a year on a combined fleet of 3,500 aircraft.
Generate US$ 130 billion annual revenues.
oneworld member airlines work together to deliver consistently a superior, seamless travel experience, with special privileges and rewards for frequent flyers, including earning and redeeming miles and points across the entire alliance network. Top tier cardholders (Emerald and Sapphire) enjoy access to more than 650 airport lounges and are offered extra baggage allowances. The most regular travellers (Emerald) can also use fast track security lanes at select airports.
oneworld is the world’s most highly prized global airline group, with more “best alliance” awards than its competitors combined, including currently:
FlightStats’ On-Time Performance Award 2015 for the third time running.
Business Traveller’s 2016 Best Airline Alliance, for the fourth year running.
World Travel Awards’ World’s Leading Airline Alliance 2015, for the 13th consecutive year.
Global Traveler magazine’s 2015 GT Tested Reader Survey Award – for the sixth year in a row.
Premier Traveler’s Best of 2015 Awards – for the third year running.
Business Traveler North America’s 2015 Best in Business Travel Awards.
Key improvements include:
Lowering by half the minimum requirement for the number of delegates flying internationally to an event, to just 50.
A simpler and more generous incentive for event organisers.
The changes are being made on the back of a record year for the programme – with more events and conventions selecting oneworld as their official air travel partner.
They were announced on the opening day of one of the biggest events of the year for this sector of the travel industry – IBTM World. Reed Travel Exhibitions, which manages IBTM worldwide, has itself selected oneworld as its official and exclusive global air travel partner for the market-leading events in its portfolio.
oneworld Director of Sales José María Alvarado said: “The past 12 months have seen oneworld events break all records with twice as many events and conventions signing oneworld to be their global air travel partner than in the year before. So far in 2016, through the oneworld events programme, oneworld has been chosen as the global air travel partner for organisers of events and conventions in more than 100 different cities in 30 plus different countries.
“It is very clear that event organisers and delegates love the attractive flight discounts the programme offers on a collection of some of the world’s leading airlines, to say nothing of the programme’s ease of use and the many other benefits oneworld events provides. Now oneworld events is even better.”
oneworld events is aimed at conferences, conventions, meetings, exhibitions and special events targeting, from today, a minimum of 50 attendees flying internationally - half the previous minimum requirement. Requests are accepted as early as five years in advance and up to three months prior to the event date.
For meeting, event and convention organisers, oneworld events provides:
An efficient and user-friendly centralised process, with one set of terms and conditions covering travel on all oneworld member airlines that can be ready for acceptance just days after submitting the online request form.
Attractive discounts for attendees on flights on oneworldmember airlines, which together serve more than a thousand destinations in 150 plus countries around the globe.
Access to the easy-to-use oneworld events online booking tool, together with option to designate a travel agency.
The chance for organisers to earn and redeem travel credits for flights on participating oneworld member airlines.
Simple online access to real-time management reports 24/7, when using oneworld’s own online booking tool, to help meet attendees’ travel needs.
A ready-to-use oneworld promotional toolkit to build attendee awareness.
For attendees, oneworld events offers:
Attractive discounts on flights for attendees and one travel companion each, on oneworld member airlines, which together serve a thousand destinations in more than 150 countries around the globe. From today, those discounts can be obtained not just by booking direct via oneworld events' easy-to-use website but also via designated travel agencies.
Option to book those discounts direct via oneworld events' easy-to-use website and via designated travel agencies.
A user-friendly booking tool that displays the most convenient flights and multiple fare options from hundreds of departure points all over the world to the event or convention location.
Travel on a collection of some of the world’s leading airlines.
Round-the-clock support, when booking via oneworld’s own online booking tool, with the oneworld events helpdesk ready to help via email or phone.
All the usual privileges and benefits afforded to members of any oneworld member airline frequent flyer programme – including the ability to earn miles/points and, for top tier cardholders and one companion each, to use any of the 650 plus airport lounges provided by the alliance’s airlines the world over. Attendees who are not yet members can sign-up before they depart and then receive their benefits and privileges on their way to or from their convention or event.
About oneworld
oneworld is an alliance of some of the world’s leading airlines, committed to providing the highest level of service and convenience to frequent international travellers. They include airberlin, American Airlines, British Airways, Cathay Pacific, Finnair, Iberia, Japan Airlines, LATAM Airlines, Malaysia Airlines, Qantas, Qatar Airways, Royal Jordanian, S7 Airlines and SriLankan Airlines, and around 30 affiliates. As part of oneworld, these airlines:
Serve more a thousand airports in 150 plus countries, with 14,000 daily departures.
Carry some 550 million passengers a year on a combined fleet of 3,500 aircraft.
Generate US$ 130 billion annual revenues.
oneworld member airlines work together to deliver consistently a superior, seamless travel experience, with special privileges and rewards for frequent flyers, including earning and redeeming miles and points across the entire alliance network. Top tier cardholders (Emerald and Sapphire) enjoy access to more than 650 airport lounges and are offered extra baggage allowances. The most regular travellers (Emerald) can also use fast track security lanes at select airports.
oneworld is the world’s most highly prized global airline group, with more “best alliance” awards than its competitors combined, including currently:
FlightStats’ On-Time Performance Award 2015 for the third time running.
Business Traveller’s 2016 Best Airline Alliance, for the fourth year running.
World Travel Awards’ World’s Leading Airline Alliance 2015, for the 13th consecutive year.
Global Traveler magazine’s 2015 GT Tested Reader Survey Award – for the sixth year in a row.
Premier Traveler’s Best of 2015 Awards – for the third year running.
Business Traveler North America’s 2015 Best in Business Travel Awards.
Wednesday, 5 October 2016
PERU: Daily Flight To Enhance Tourism In Northern Macro Region
Tourist attractions in the Northern Macro Region of Peru, mainly those of Amazonas region, will experience a strong growth thanks to a Lima-Jaen direct flight that LATAM airlines will operate starting today, Foreign Trade and Tourism Minister Eduardo Ferreyros informed.
The airline expects to fly more than 100,000 passengers a year between the two destinations. This way the new route will diversify the tourist experience in Peru.
“This will also improve the Alto Utcubamba tourist circuit with a reduced travel time to Chachapoyas —starting point to visit sites like Gocta Falls, Kuelap Archaeological Complex, Sarcophagi of Karajia, Revash's mausoleums and Leymebamba district,” he indicated.
The good news adds up to the soon-to-be-opened Kuelap cable-car system in Chachapoyas.
Cable cars will run for 4km up to the said site and take 20 minutes. The work has been undertaken by Mincetur since 2015.
The Jaen daily flight will be the 17th destination added by LATAM Airlines, which celebrates its 17th anniversary of Peru service this year.
The airline expects to fly more than 100,000 passengers a year between the two destinations. This way the new route will diversify the tourist experience in Peru.
“This will also improve the Alto Utcubamba tourist circuit with a reduced travel time to Chachapoyas —starting point to visit sites like Gocta Falls, Kuelap Archaeological Complex, Sarcophagi of Karajia, Revash's mausoleums and Leymebamba district,” he indicated.
The good news adds up to the soon-to-be-opened Kuelap cable-car system in Chachapoyas.
Cable cars will run for 4km up to the said site and take 20 minutes. The work has been undertaken by Mincetur since 2015.
The Jaen daily flight will be the 17th destination added by LATAM Airlines, which celebrates its 17th anniversary of Peru service this year.
Monday, 11 January 2016
BRAZIL: LATAM Airlines Sees Brazil Capacity Falling
LATAM Airlines said it expects capacity in the Brazilian market will fall between 6 and 9 percent in 2016.
In a filing with Brazil's security regulator, the company said its operating margin will likely be between 4.5 and 6.5 percent this year.
LATAM Airlines was formed in 2012 through the merger of the biggest airlines in Chile and Brazil.
In a filing with Brazil's security regulator, the company said its operating margin will likely be between 4.5 and 6.5 percent this year.
LATAM Airlines was formed in 2012 through the merger of the biggest airlines in Chile and Brazil.
Saturday, 26 September 2015
FRANCE: TAM Airlines Reveals First A350 XWB
The first A350 XWB for TAM Airlines rolled out of the Airbus paint shop in Toulouse, revealing the aircraft in its signature red, white and blue livery. The aircraft will continue through the next stages of production, including the installation of engines, completion of cabin furnishing and cockpit fitting, before starting ground and flight tests.
The aircraft is scheduled for delivery to TAM Airlines in December. TAM will become the first airline from the Americas to fly the A350 XWB and the fourth operator in the world.
LATAM Airlines Group, made up of LAN Airlines and TAM Airlines, has ordered 27 A350-900. The carrier will start operating the A350 XWB in January 2016 between Sao Paulo and Manaus, followed by international operations between Sao Paulo and Miami, and Sao Paulo and Madrid.
The A350 XWB is the latest addition to the market-leading Airbus wide-body product line. The A350-900 seating up to 325 passengers in a three class layout can fly on routes of up to 7,600 nautical miles. I features the latest aerodynamic design, carbon fiber fuselage and wings, plus new fuel-efficient Rolls-Royce Trent XWB engines.
Together, these latest technologies bring unrivalled level of operational efficiency, with a 25 per cent reduction in fuel burn and emissions, and significantly lower maintenance costs. For passengers, the A350 XWB brings new levels of in-flight comfort, with more personal space in all classes.
The aircraft is scheduled for delivery to TAM Airlines in December. TAM will become the first airline from the Americas to fly the A350 XWB and the fourth operator in the world.
LATAM Airlines Group, made up of LAN Airlines and TAM Airlines, has ordered 27 A350-900. The carrier will start operating the A350 XWB in January 2016 between Sao Paulo and Manaus, followed by international operations between Sao Paulo and Miami, and Sao Paulo and Madrid.
The A350 XWB is the latest addition to the market-leading Airbus wide-body product line. The A350-900 seating up to 325 passengers in a three class layout can fly on routes of up to 7,600 nautical miles. I features the latest aerodynamic design, carbon fiber fuselage and wings, plus new fuel-efficient Rolls-Royce Trent XWB engines.
Together, these latest technologies bring unrivalled level of operational efficiency, with a 25 per cent reduction in fuel burn and emissions, and significantly lower maintenance costs. For passengers, the A350 XWB brings new levels of in-flight comfort, with more personal space in all classes.
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