Transat A.T. Inc. - Transat forecasts third-quarter results showing significant improvement over last year's

MONTREAL, Aug. 21, 2017  - Transat A.T. Inc., one of the largest integrated tourism companies in the world and Canada's holiday travel leader, has revised its outlook and is preparing to announce results for the third quarter of 2017, ended July 31, that are substantially better than those factored in its most recent outlook, which was published along with its second-quarter results this past June 8.
Third-quarter revenues on both the transatlantic market – the Corporation's primary market in the summer months – and the Sun destinations market were superior to those posted last year, especially since mid-June.
In addition, the Corporation's airline costs were lower than expected, a trend reinforced by the combined impact of positive fluctuations in fuel prices and currency exchange rates.
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Alaska Air Group to Acquire Virgin America, Creating West Coast's Premier Carrier

Seattle-based carrier to become 5th largest U.S. airline
SEATTLE and SAN FRANCISCO, April 4, 2016 -
Deal combines two leading airlines known for outstanding customer service and low fares.
Alaska Airlines expands its California presence, while creating new opportunities for growth and competition.
Expanded route network benefits customers, with 1,200 daily departures.
Transaction is expected to be accretive to adjusted earnings per share in first full year, increases annual revenues 27 percent to more than $7 billion and offers $225 million total net synergies annually at full integration.
Alaska Airlines Mileage Plan™ to welcome Virgin America Elevate® members.
Company headquarters to remain in Seattle.
Read more: Virgin America Inc ( VA )

WestJet marks 20 years of high-care, low-fare flying

CALGARY, Feb. 29, 2016 - Twenty years ago, WestJet launched its first flight and began liberating Canadian travellers from the high cost of air travel. Today, the airline celebrates two decades of success with a new Canadian-inspired logo, a birthday seat sale and more.  

"In just 20 years, WestJet has established itself as a great Canadian success story," said Gregg Saretsky, WestJet President and CEO. "From humble beginnings, we have grown to become an international airline and a strong contributor to the growth of Calgary, the province and the country. I would like to thank our nearly 12,000 WestJetters for their incredible dedication to delivering a remarkable guest experience through their caring, people-driven service, and our guests for their 20 years of loyalty and support."

Read more: WestJet Airlines Ltd ( WJA )

Hawaiian Holdings Reports 2015 Fourth Quarter and Full Year Financial Results

HONOLULU, Jan. 26, 2016 - Hawaiian Holdings, Inc. (HA) ("Holdings" or the "Company"), parent company of Hawaiian Airlines, Inc. ("Hawaiian"), today reported its financial results for the fourth quarter and full year 2015.

  • GAAP net income in the fourth quarter grew to $37.9 million or $0.66 per diluted share, a year-over-year increase of $26.8 million or $0.49 per diluted share. For the full year, GAAP net income grew to $182.6 million or $2.98 per diluted share, a year-over-year increase of $113.7 million or $1.88 per diluted share.
  • Adjusted net income in the fourth quarter grew to $48.5 million or $0.85 per diluted share, an increase of $22.4 million or $0.45 cents per diluted share year-over-year. For the full year, adjusted net income grew to $189.3 million or $3.09 per diluted share compared to $97.1 million or $1.55 per diluted share in the prior year.
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Teamsters Local 357, Republic Airways Reach Tentative Agreement on New Contract

Three-year agreement provides overall industry-leading pay, job protections, and work rules

INDIANAPOLIS--- Teamsters Local 357 and Republic Airways Holdings Inc. (NASDAQ/NM: RJET) announced today that they have reached a consensual tentative agreement on the terms of a new three-year contract for the 2,100 Republic pilots represented by the International Brotherhood of Teamsters.

“This milestone is long overdue,” said Captain Jim Clark, Teamsters Local 357 president. “Our members are extraordinary aviators and safety professionals who come to work every day ready to do the job asked of them. They deserve pay, job security, benefits and work rules that match their leadership position in our industry. The Executive Board of Local 357 recommends this tentative agreement to our members for ratification. We were able to reach this positive outcome because of the support of our members who stayed united even in the face of constant challenges.”

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