Beluga and Beluga XL's can shift so much odd-sized cargo.... |
The Bulga XL transports A350 wings |
Arriving in Bremen |
Beluga and Beluga XL's can shift so much odd-sized cargo.... |
The Bulga XL transports A350 wings |
Arriving in Bremen |
Seating options to accommodate a wide array of travelers, including booths for quiet work. Power outlets at nearly every seat. High-speed Wi-Fi. Five premium shower rooms.
Photo IAG Cargo |
Southwest Airlines has reported its second quarter 2022 financial results:
"We are making meaningful progress against our 2022 priorities, and I am very proud of our People and their heroic efforts to fight against the pandemic. Since April, we have been delivering a more reliable product for our Customers with cancellations representing less than one percent of scheduled flights in May and June 2022, which is a completion factor of more than 99 percent. We have added flights in second half 2022—especially in short-haul business markets—to better support our operation and the restoration of our route network. We reached another milestone, returning to overall pre-pandemic staffing levels in May 2022. We plan to continue our hiring and training efforts in specific areas—in particular, Pilots—to support further network restoration and future growth with plans to add over 10,000 Employees, net of attrition, this year. However, we plan to begin moderating overall hiring in second half 2022 as our focus shifts to 2023 planning and executing on our goals to better optimize staffing to flight schedules, reduce cost inefficiencies, and return to historic efficiency levels.
"We are experiencing delays in our aircraft deliveries from The Boeing Company (Boeing), and we now estimate 2022 deliveries to be 66 versus the previously expected 114, ending the year with 765 aircraft. Despite those delays, we are confident about our ability to fly our flight schedules as planned, which are currently published through March 8, 2023. We continue to invest in technologies, airports, and facilities to further modernize our operation and allow us to scale for future growth.
"We are also investing in the Southwest Customer Experience, and I am thrilled about today's announcement introducing yet another exciting Customer benefit that sets Southwest even further apart from the competition: Flight credits don't expire4. We are famous for offering industry-leading flexibility for Customers, and it is a key differentiator of our brand. Based on research and feedback, we believe flexibility has become even more important to Customers over the past few years. This further extension of flexibility for our Customers reinforces Southwest as industry-leading and builds on our low-fare brand with no fees to change or cancel plans5; two bags fly free®6; Rapid Rewards® points that don't expire; and transferable flight credits7. With flight credits that don't expire and the addition of our new Wanna Get Away PlusTM fare product—along with recently announced investments to enhance WiFi, install latest-technology onboard power ports, offer larger overhead bins, and enable new self-service capabilities—we are making travel even easier. We believe we have the strongest route network and value proposition for Customers in the domestic U.S., and also believe this policy change will both win new Customers and increase Customer loyalty."
Southwest Airlines Co.proudly receives more accolades for its continued commitment to making Southwest® a more diverse and inclusive organization, where Employees thrive, feel appreciated, valued, and have an authentic sense of belonging. For the fifth consecutive year, Forbes named Southwest Airlines® as one of America's Best Employers for Diversity in 2022.
"At Southwest, it takes every single one of us to serve our Customers throughout our network every day," said Juan Suarez, Vice President of Diversity, Equity, & Inclusion at Southwest Airlines. "Being named to this list is humbling and continues to motivate us to improve our diversity efforts across the Company and provide the best workplace for our Employees, which in turn helps us serve our Customers."
Forbes partnered with Statista to select 2022 America's Best Employers for Diversity through an independent survey from a sample of more than 60,000 American employees and pinpointed the companies they identified as most dedicated to diversity, equity, and inclusion (DEI). The list is compiled using four criteria areas including employees' opinions about their own workplace, other companies in their respective industry, diversity among top executives and board members, and diversity indicators within a company.
Southwest Airlines was also recently honored by the Disability:IN® Disability Equality Index with a score of 100 (perfect score) on its annual index. To learn more about the airline's commitment to creating a diverse, equitable, and inclusive workplace, visit the Southwest One Report and DEI Report.
Southwest Airlines is dedicated to attracting prospective candidates and retaining Employees—keeping this focus at the forefront of everything it does. It is all about a career with Heart and Purpose. Join the carrier's Talent Community to stay up to date on job opportunities from the Company with Heart.
Frontier Airlines, highlighted its strong foundation and the significant growth opportunities ahead as a standalone company. In addition, the Company announced an unprecedented deal for customers, offering one million passenger seats from $19.00*.
William A. Franke, the Chair of Frontier’s Board of Directors and the managing partner of Indigo Partners, Frontier’s majority shareholder, commented, “While we are disappointed that Spirit Airlines shareholders failed to recognize the value and consumer potential inherent in our proposed combination, the Frontier Board took a disciplined approach throughout the course of its negotiations with Spirit. We were focused on offering the appropriate value for Spirit, while prioritizing consumers and the best interests of Frontier, our employees and shareholders. As we enter our next chapter, Frontier remains well-positioned to deliver significant value to our shareholders as we serve the growing demand for affordable air travel.”
“As we continue to see a rebound in leisure travel, we have never been more confident in our strategy and prospects than we are today,” said Barry Biffle, President and CEO of Frontier. “Frontier remains America’s lowest-fare, lowest-cost airline that features the industry’s youngest, most fuel-efficient fleet, a robust order book, and a strong balance sheet. With the price-sensitive segment projected to grow, we are just getting started. In fact, today we are announcing a blockbuster sale – offering one million seats from $19.00*, underscoring our commitment to delivering Low Fares Done Right. No one is as cheap as Frontier. Looking ahead, we’ll continue to expand capacity and add new routes as America’s ultra-low-cost airline, and we look forward to creating new jobs and welcoming future employees to Team Frontier.”
Frontier has a strong foundation and clear plan to drive long-term value:
297(1) commercial aircraft delivered in H1 2022Revenues € 24.8 billion; EBIT Adjusted € 2.6 billionEBIT (reported) € 2.6 billion; EPS (reported) € 2.42Free cash flow before M&A and customer financing € 2.0 billionA320 Family monthly production rate target of 75 for 2025 unchanged; adjustment to 2022 and 2023 ramp-up trajectory2022 guidance updated to around 700 commercial aircraft deliveries2022 guidance maintained for EBIT Adjusted and FCF before M&A and customer financing