Spirit Airlines has announced that it has received approval from the United States Bankruptcy Court for the Southern District of New York for all of its requested “first day” relief in support of its prearranged chapter 11 process.

Among other benefits, this relief ensures that Spirit’s Team Members, vendors and other counterparties will continue to be paid in full in the ordinary course of business and that Guests can continue to book and fly without interruption and use all tickets, credits and loyalty points as normal.

Ted Christie, Spirit’s president and chief executive officer said: “We are pleased with the Court’s decision to grant all of this important relief, which affirms our ability to continue operating seamlessly during our streamlined restructuring process.

“I want to thank our Guests, Team Members and business partners for their continued support as we position Spirit for long-term success.

“We look forward to emerging as a stronger company and continuing to execute on our strategic initiatives to transform our Guest experience.”

As previously announced, Spirit entered into a restructuring support agreement (the “RSA”) supported by a supermajority of its loyalty and convertible bondholders on the terms of a comprehensive balance sheet restructuring that would equitize $795 million of funded debt and provide $350 million of fully committed equity capital upon emergence.

The restructuring will be effectuated through a plan of reorganization that is subject to confirmation by the Court.

The Company expects to emerge from its streamlined chapter 11 process in the first quarter of 2025.

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Verny Capital, in partnership with the Bulat Utemuratov Foundation, announces the opening of a new passenger terminal at Korkyt Ata Airport (KZO) in Kyzylorda, Kazakhstan.

The new terminal will boost capacity, strengthening the region’s transport links while supporting economic development. Olzhas Bektenov, Prime Minister of Kazakhstan, officially opened the new terminal at a ceremony on site.

The 7,500sq/m terminal serves domestic and international flights to cities including Antalya, with plans for additional international destinations.

Verny and the Foundation’s investment amounted to $35 million, with the terminal’s ownership and management now transferred to the Kyzylorda municipality.

This has increased the airport’s capacity by seven times to 2,000,000 passengers per year and created 40 new jobs, significantly improving the economic and social potential of the region by encouraging tourism and investment.

The terminal was built in collaboration with Turkish design company GMW Mimarlik.

Olzhas Bektenov, prime minister of Kazakhstan, commented: “The new terminal at Korkyt Ata Airport is an important infrastructure project, which will open new flight routes, enhance transit capacity, and increase passenger and cargo traffic.

“All these developments will have a positive impact on the growth of domestic tourism, trade, and the broader economy, and the government continues to give its full support to socially focused business initiatives.”

Almaz Sharman, chairman of the board of trustees of the Bulat Utemuratov Foundation, added: “I am delighted that this wonderful terminal is now open, which represents a major milestone for Kyzylorda.

“We are committed to implementing long-term philanthropic projects that foster social progress, both in individual regions and across Kazakhstan.

“Since its establishment in 2014, our Foundation has invested over $200 million in initiatives that support healthcare, education, environmental sustainability, and the development of public infrastructure in Kazakhstan.”

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Prestwick Airport’s recently filed annual accounts reveal a rise in the debt it owes to the Scottish Government, reaching £55.5 million, with accumulated interest now at £12.1 million.

The Ayrshire hub, nationalised in 2013 to prevent closure, received £43.4 million in loans for stabilisation, and while no fresh borrowing has been added recently, interest has grown by over £3 million in the past financial year.

Despite a 7% dip in revenue to £54.1 million, Prestwick reported a near doubling of its pre-tax profit, reaching £1.5 million—its fifth consecutive profitable year.

Airport Chairman Willie Mackie noted the ongoing challenges yet credited the airport’s strategic approach for positive outcomes.

A significant portion of the airport’s revenue, £34.1 million, came from fuel sales, mainly driven by military customers including the RAF, the Canadian and US air forces, and NATO exercises. However, fuel pricing was softer than in previous years, affecting overall revenue.

Passenger numbers grew to 523,000 from 459,000 the previous year, attributed solely to Ryanair flights.

Cargo and fixed base operations saw lower revenue, while property, aerodrome, and passenger activity showed improvement.

Multiple bids have been initiated for the sale of Prestwick, with the Scottish Government aiming to eventually return the airport to private ownership.

Current efforts include exploring market interest in collaboration with Onex Corporation, a Canadian investment firm.

New strategic partnerships, including with Royal Mail and a US-based airport, seek to boost cargo and e-commerce traffic.

Chief Executive Ian Forgie noted that Prestwick’s diverse operations are resilient, positioning the airport to seize growth opportunities.

The Scottish Government spokesperson acknowledged recent expressions of interest but stated that further details remain confidential at this time.

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According to Cirium data, Q3 2024 saw unprecedented flight activity from UK airports, with 282,775 departures translating to more than 51.24 million available seats, the highest ever recorded for the UK and surpassing pre-pandemic peak levels from 2019.

The trend reflects airlines’ use of larger aircraft and higher seat density configurations on UK routes.

Dubai ranked as the top destination, with 10,508 flights and 1.5 million seats. Amsterdam followed, with Mallorca, Alicante, and Malaga rounding out the top five.

Heathrow to New York JFK proved the most popular single route, offering 2,019 flights and over 500,000 seats.

The busiest airlines were easyJet, with 57,527 flights, British Airways with 46,296, and Ryanair with 41,099.

In total, Q3 marked the UK’s busiest quarter in 2024, following 208,546 flights in Q1 and 264,158 in Q2.

With Q4 flights estimated to reach 236,002, 2024 is shaping up as a historic year for UK aviation.

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Wizz Air has reported a strong performance in October 2024, carrying 5.6 million passengers, a year-on-year increase of 4.1%, with a load factor of 92.9%.

The airline continues to grow in passenger numbers and expand its operations across Europe.

On October 21st, Wizz Air announced the establishment of a temporary base in Chisinau, Moldova, with new direct connections to 16 destinations set to commence from December 16th.

The airline also celebrated the grand opening of its €38 million training centre in Rome Fiumicino on October 1st.

This facility will support annual recurrent training for over 4,800 pilots, underscoring Wizz Air’s commitment to workforce development.

In emissions metrics, Wizz Air reported a slight year-on-year increase of 1.9% in CO2 emissions per revenue passenger kilometre (RPK), reaching 51.6 grams/RPK in October.

This increase was attributed to a temporary suboptimal fleet mix caused by GTF-related groundings of some A321neo aircraft.

Despite this, October’s emissions improved from the previous month’s 52.3 grams/RPK.

Additionally, Wizz Air revealed a new partnership with Airbus in a sustainable aviation fuel (SAF) trial on routes from Barcelona to Budapest (BCN-BUD) and Brussels Charleroi to Budapest (CRL-BUD), showcasing the airline’s ongoing efforts to explore greener aviation alternatives.

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Yesterday’s Autumn Budget announcement by Chancellor Rachel Reeves, which includes a notable increase in Air Passenger Duty (APD), a substantial APD rise for private jet users, and a £500 million pledge to improve local road infrastructure, has prompted insights from industry experts, highlighting implications for UK businesses in travel and transport.

Peter Slater, CEO of CMAC Group—a major provider of ground transport and travel management services—shared his perspective on how these fiscal measures are likely to affect businesses.

Slater commented: “The APD increase will impact the travel industry broadly. For short-haul flights, the rise may seem modest, but for businesses with regular short-haul travel needs, these additional costs will accumulate.

“This will push many firms to reassess travel budgets and look into alternative, cost-effective, and sustainable options.”

He also noted that the 50% APD hike for private jet users could shift demand toward commercial flights, fostering greener corporate travel solutions.

“Aligning with sustainability goals, this measure could encourage businesses to opt for less carbon-intensive options,” Slater said.

The £500 million investment to improve local roads and tackle potholes was welcomed by Slater, who underscored the importance of road quality in maintaining safe, efficient transport across the UK.

“Enhanced road conditions will not only reduce vehicle maintenance costs but also improve safety and reliability for logistics and employee commutes,” he stated.

Additionally, Slater praised the government’s commitment to connecting London Euston to the HS2 line, underscoring the benefits of a robust rail network for business travel and environmental sustainability.

“Improved rail infrastructure provides a sustainable, efficient travel option between major UK cities, which is crucial for business productivity,” he added.

Karen Dee, chief executive of AirportsUK, the trade body for UK airports, echoed the mixed responses, welcoming the extension of the advanced fuels fund by one year and the allocation of £975 million in R&D funding to support aerospace innovations towards zero-emission flights.

However, Dee voiced concerns about the APD increase, especially as airports work to upgrade security, promote sustainable travel, and modernise airspace.

“She stated, “If the government aims to make the UK the fastest-growing economy in the G7, it must support airports’ vital role in connectivity and economic growth, while reducing financial and regulatory pressures on the sector.”

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AI technology used by airports and airlines during the aircraft turnaround, the time between an aircraft landing and departing again, is proven to increase operational efficiency and reduce delays, according to the 2024 Turnaround Benchmark Report from Assaia.

Contributing significantly to airline and airport profitability, these efficiency gains lower operational costs, improve customer satisfaction and maximize aircraft utilization and airport capacity.

Key findings from the report, which offers detailed analysis of turnaround performance data from global airports where Assaia’s ApronAI technology was active in 2023 and 2024, show that despite an increase in overall traffic at the airports observed, ground delays dropped by 6%, and turnaround time by 4% in twelve months.

This reduction is vital for airlines, as it leads to fewer costly delays – which directly impacts passenger satisfaction.

Additionally, the report highlights an increase in the number of aircraft arriving and departing at each gate, with the median number rising from 4 to 5 ‘turns’ per day.

This change optimizes existing airport capacity, allowing more flights without the need for additional gates, which in turn increases efficiency and boosts potential revenue.

Christiaan Hen, Assaia CEO, says: “With the aviation industry facing ongoing headwinds such as delayed aircraft deliveries, increased air travel demand, higher fuel costs and growing public pressure around sustainability, it has never been more important to prevent inefficiency issues leading to delays and other operational problems.

“The perfect turnaround, which is what Assaia strives to enable, doesn’t just save time, it drives down costs, reduces environmental impact, and enhances the overall passenger experience.

“It is, however, a highly complex and finely balanced process comprising dozens of variables working together to ensure an aircraft lands and departs as efficiently as possible.

“The data in this report is exciting, because it clearly highlights the powerful role AI plays in streamlining airport processes, not only by reducing ground delays, but also by optimizing gate productivity to significantly improve profitability for both airlines and airports alike.”

Assaia’s report also notes a difference between European and North American airport gate utilization performance, mostly attributed to differing gate operation models.

According to the data, European airports manage gate capacity more efficiently, achieving more turns per gate each day, but perform worse in terms of delays.

This highlights a tradeoff between maximizing capacity and maintaining on-time performance (OTP).

Hen comments, “As the demand for air travel continues to grow, the question arises of how much longer the North America model will be sustainable, with capacity wasted due to the constraints of airline-operated gates.”

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Boeing shares fell 2.7% in U.S. pre-market trading on Thursday after workers voted to extend a nearly six-week strike, casting fresh uncertainty over the company’s financial recovery and operational stability.

The move comes after 64% of unionized factory workers on the U.S. West Coast rejected Boeing’s latest contract offer, which would have ended the industrial action that has largely shut down production of its commercial jets, including the 737 MAX.

The rejected contract proposal from Boeing included a 35% general wage increase over four years but did not reinstate a defined benefit pension plan, a key issue for the striking machinists.

The vote prolongs the strike, which has disrupted production lines and delayed deliveries, creating significant pressure on Boeing’s efforts to stabilize finances after a series of setbacks.

The rejection is seen as a setback for Boeing’s new CEO, Kelly Ortberg, who took charge in August with a pledge to mend relations with factory workers and improve operational efficiencies.

The extension of the strike leaves the company in a difficult position as it continues to navigate financial pressures and attempts to restore its reputation after recent crises, including safety and quality concerns and an industry-wide shortage of parts and labour.

“Boeing is going to have to settle it and just make a higher offer, because they are just not in a position to duke it out,” said Nick Cunningham, an analyst at Agency Partners, highlighting the limited options available to the company.

Boeing’s ongoing labour dispute coincides with financial challenges, as the company has been working to improve its cash flow.

Last week, Boeing filed paperwork allowing it to raise up to $25 billion to maintain its investment-grade rating, and separately secured a $10 billion credit facility.

However, the strike has increased pressure on Boeing to find solutions, potentially forcing it to consider capital raising even before the labour situation is resolved.

Brian West, chief financial officer acknowledged the company’s cash flow issues: “We’re monitoring events closely and we’ll access the markets whenever we determine it’s the right time.”

The extension of the strike has further complicated Boeing’s path to recovery, overshadowing its announcement of a $6 billion loss for the third quarter.

The company’s production lines, including those manufacturing the 737 MAX, have been idled, affecting not only Boeing but also its suppliers, many of whom are facing financial difficulties due to the prolonged strike and previous disruptions.

Newly appointed CEO Kelly Ortberg had previously laid out a plan to restore Boeing’s market share, which has been significantly affected by competition from European rival Airbus.

However, the continued labour dispute threatens to derail these recovery efforts, with Ortberg warning that turning the company’s fortunes around will be a gradual process.

The ongoing strike represents Boeing’s first major labour action in 16 years and adds another layer of complexity to the company’s recovery efforts.

With analysts suggesting that Boeing might need to offer better terms to resolve the dispute, the focus remains on how quickly a resolution can be achieved to restart production and begin delivering aircraft.

As Boeing continues to navigate these challenges, its ability to manage labour relations, secure its financial position, and deliver on its strategic goals will be crucial for regaining investor confidence and market share.

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EVA Air, Taiwan’s independent airline, and Airbus have embarked on a collaborative effort aimed at increasing SAF development and adoption in the airline’s operations.

The announcement was made during a ceremony in Taipei to celebrate EVA Air’s order of 18 long-range A350-1000 and 15 single-aisle A321neo aircraft, in the presence of EVA Air President Clay Sun, CEO of Airbus Commercial Aircraft Christian Scherer, Taiwan Civil Aviation Administration Director-General Ho Shu-Ping, European trade office representatives, and guests from the Taiwanese travel and cargo industries.

Clay Sun, President, EVA Air said: “Fuel efficiency, carbon reduction and cabin comfort have become major considerations for airline fleet modernisation, and EVA Air’s announcement late last year to introduce the 33 latest-generation Airbus aircraft underlines our plans to meet future demand.

“Both companies are working closely in a strategic partnership to promote the use of sustainable aviation fuel and explore more innovative technologies and operational optimisation solutions. These efforts will ensure that we can steadily move towards a Net Zero future.”

Christian Scherer, CEO, Airbus Commercial Aircraft said: “The aircraft orders we celebrate today elevate the partnership we have with EVA Air to a whole new level.

“The A350-1000 is the undisputed choice in the large capacity intercontinental segment, with unmatched passenger comfort and an environmental signature superior to any aircraft in its class, present or planned.

“This allows EVA Air to set new standards for its long-haul operations. In alignment with Airbus’ ambition to decarbonise aviation, we are also deepening our collaboration to explore ways for EVA Air to reduce carbon emissions across its operations and prepare for the future adoption of SAF.”

Working closely with EVA Air, Airbus will analyse potential contributions of various measures based on current and future routes, as well as operational practices.

The two parties will also study the required measures to prepare for the uptake of SAF on commercial flights, establish procurement processes, manage SAF certification, as well as promote awareness on regular SAF usage.

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Mamava, a provider of lactation spaces, has just released its 2024 rankings of the top airports for breastfeeding travellers.

While federal legislation, such as the Friendly Airports for Mothers Act, ensures that every US airport has a lactation space in every terminal, these ten airports go the extra mile with superior amenities and thoughtful, family-friendly touches.

Sascha Mayer, co-founder and CEO of Mamava said: “Congratulations to this year’s top-ranking airports for their commitment to supporting breastfeeding and pumping parents,” .

“These airports have truly set a new standard for comfort, convenience, and care in family travel. We’re proud to recognize and celebrate their dedication to inclusivity and thoughtful design.”

The Top 10 Airports for Breastfeeding Parents:

1. Chicago O’Hare International Airport (ORD)

• 22 lactation spaces: Ten Mother’s Rooms, 12 Mamava pods, open 24/7. Also features vending machines with baby essentials and a Family Lounge play area.

2. Orlando International Airport (MCO)

• 19 lactation spaces: 15 Nursing Rooms and four Mamava pods, spread across its newly expanded terminal and train station, with family-friendly art exhibits throughout.

3. Salt Lake City International Airport (SLC)

• 17 lactation spaces: All Mother’s Rooms, conveniently located near women’s restrooms across two concourses, ensuring plenty of private spaces for breastfeeding.

4. Newark Liberty International Airport (EWR)

• 16 lactation spaces: Eight Nurseries/Nursing Rooms and eight Mamava pods. Terminal A includes interactive play areas for families.

5. John F. Kennedy International Airport (JFK)

• 15 lactation spaces: 11 Mamava pods and four Nursing Rooms, plus the JetBlue Junior Children’s Play Area in Terminal 5.

6. San Francisco International Airport (SFO)

• 14 lactation spaces: 11 Nurseries and six Mamava pods. Kids’ interactive “Kids’ Spots” are available in Terminals 2 and 3 for family entertainment.

7. Hartsfield-Jackson Atlanta International Airport (ATL)

• 13 lactation spaces: all Mamava pods throughout six concourses, providing safe and private spaces for breastfeeding parents. A unique rainforest walk—fun for families—adds an enjoyable experience.

8. LaGuardia Airport (LGA)

• 13 lactation spaces: 12 Nursing Rooms and one Mamava pod, located throughout its redesigned terminals. Terminal B offers a play area for little ones.

9. Phoenix Sky Harbor International Airport (PHX)

• 12 lactation spaces: Six Mamava pods and six Mother’s Rooms. PHX also offers a children’s play area and family-friendly parking.

10. Los Angeles International Airport (LAX)

• 10 lactation spaces: All Nursing Rooms across nine terminals, with family dining and play options, such as the mini beach-themed playground in the Tom Bradley International Terminal.

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