05 Aug 2024

Avelo Airlines Announces Largest Expansion in Company History

Air Lease Corporation (ALC) Delivers First Airbus A220-300 to Croatia Airlines

Air Lease Corporation (ALC) announced the delivery of one new Airbus A220-300 aircraft to Croatia Airlines. This is the first A220 to join the Croatian carrier’s fleet and the first of six new Airbus A220 aircraft confirmed to deliver to the airline from ALC’s orderbook with Airbus.

Air Lease Corporation Executive Chairman, Steven F. Udvar-Házy said “Air Lease Corporation is honoured to have been selected by Croatia Airlines as the first Lessor to introduce the A220 to the airline and support Croatia’s major fleet modernization program. This milestone first of six new A220 delivery is a wonderful achievement that commences the fleet transformation at Croatia Airlines.”

Allegiant Announces President Greg Anderson as Next CEO

Allegiant Travel Company announced that Gregory C. Anderson has been named CEO and President of the Company succeeding Maurice J. Gallagher, who will be retiring from that role effective September 1. Gallagher will continue to serve the Company as Executive Chairman of the Board. 

Allegiant President Gregory C. Anderson said “I'm honoured and humbled to serve as Allegiant's next CEO. I've had the great fortune to be mentored over many years by one of the most respected innovators and CEOs in the airline industry, Maury Gallagher. He has shown me the importance of thinking like an owner and how our team members are the foundation of our success. Each day, they bring their best to the table, turning challenges into opportunities. As CEO, I look forward to extending Allegiant's success and serving with the same level of passion and dedication they bring to become better every day."

Avelo Airlines Announces Largest Expansion in Company History

Avelo Airlines announced the largest expansion in company history with 18 nonstop routes, the airline’s first scheduled international service to two destinations: Montego Bay, Jamaica and Cancun, Mexico, and the establishment of dual operations at Avelo’s Connecticut and Central Florida bases. In addition to the two new international destinations, Avelo will begin serving Connecticut’s Bradley International Airport (BDL) this fall basing two aircraft in Hartford.

Avelo Airlines Founder and CEO Andrew Levy said, “The expansion we are announcing today is the most substantial in our airline’s three-year history. Avelo’s purpose is to Inspire Travel and the addition of 18 new routes and our first two international destinations will make getting where our Customers want to go easier than ever. Couple this with our industry-leading reliability and it’s no surprise over five million people have chosen to fly Avelo. Adding more airplanes and destinations, I am very excited about the momentum and growth we are seeing across our business. And with three consecutive profitable quarters, Avelo is positively positioned for even more growth in the future across our network.”

Southwest Airlines Launches Enhancements to Transform Customer Experience

Southwest Airlines announced several new initiatives designed to elevate the Customer experience as part of its strategic transformation. Southwest decided it will assign seats and offer premium seating options on all flights. Southwest Airlines has been known for its unique open seating model for more than 50 years, but stated preferences have evolved with more customers are taking longer flights where a seat assignment is preferred.  In addition will launch a premium, extended legroom portion of the cabin.

Southwest Airlines President, CEO, & Vice Chairman of the Board Bob Jordan, said “Moving to assigned seating and offering premium legroom options will be a transformational change that cuts across almost all aspects of the Company. Although our unique open seating model has been a part of Southwest Airlines since our inception, our thoughtful and extensive research makes it clear this is the right choice— at the right time—for our Customers, our People, and our Shareholders. We are excited to incorporate Customer and Employee feedback to design a unique experience that only Southwest can deliver. We have been building purposefully to this change as part of a comprehensive upgrade to the Southwest experience as we focus on Customer expectations – and it will unlock new sources of revenue consistent with our laser focus on delivering improved financial performance."

Image Credit: CBIA

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