State and local officials joined executives from Allegiant Travel Company (NASDAQ: ALGT) today as the company announced plans to establish a two-aircraft base at Lehigh Valley International Airport (ABE) in Lehigh County, Pennsylvania. Allegiant's growth plans in the state include creating at least 66 new, high-wage jobs.
Route launches by American Airlines and four new carriers drive steady growth
The International Air Transport Association (IATA) released analysis showing that the competitiveness of Switzerlands air transport sector could generate an additional 36,000 jobs and nearly CHF 13 billion in extra GDP for the nations economy by 2037.
ACI Worlds Director General speaks at the 56th DGCA APAC Conference
Passenger traffic up 8.5% YoY in Argentina and 16.2% in Armenia, partially offset by declines in Brazil, Italy and Uruguay
AirAsia has taken delivery of its first A330neo aircraft, to be operated by its long-haul affiliate AirAsia X Thailand. The aircraft was delivered via lessor Avolon and is the first of two A330neos set to join the airlines fleet by the end of the year.
On a combined basis for all operations, Air Group reported a 2.8% increase in traffic on a 2.5% increase in capacity compared to July 2018. Load factor increased 0.3 points to 88.0%.
International Group airports report differing traffic development
Traffic in July increased 5.3 percent from July 2018, on a capacity increase of 5.6 percent. Load factor for July 2019 was 88.6 percent, a decrease of 0.3 points from July 2018. JetBlues preliminary completion factor for July 2019 was 98.4 percent and its on-time (1) performance was 70.2 percent.
For the month of July 2019, Copa Holdings' system-wide passenger traffic (RPMs) decreased 2.6% year over year, while capacity (ASMs) decreased 0.6%. As a result, system load factor for the month was 86.6%, 1.7 percentage points lower than July 2018.