DOCSLIB.ORG

Transportes Aéreos Portugueses, S.A

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Transportes Aéreos Portugueses, S.A TRANSPORTES AÉREOS PORTUGUESES, S.A. TAP discloses Corporate Presentation Lisbon, Portugal, November 18, 2019 — Transportes Aéreos Portugueses, S.A. (“TAP”), today discloses a Corporate Presentation to the public. This information is also available in TAP’s website https://www.tapairportugal.com/en/about‐ us/investors. DISCLAIMER This press release constitutes a public disclosure of inside information by Transportes Aéreos Portugueses, S.A., under Regulation (EU) 596/2014 (16 April 2014). This notification was made by Raffael Quintas, Chief Financial Officer of Transportes Aéreos Portugueses, S.A. at 6 p.m. (Lisbon) on November 18, 2019. Neither the content of the TAP’s website nor any website accessible by hyperlinks on TAP’s website is incorporated in, or forms part of, this announcement. The distribution of this announcement into certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. NOTE REGARDING FORWARD‐LOOKING STATEMENTS This press release may include forward‐looking statements. These forward‐looking statements can be identified by the use of forward‐looking terminology, including the terms “believes”, ‟estimates”, ‟anticipates”, “expects”, ‟intends”, ‟may”, ‟will” or “should” or, in each case, their negative, or other variations or comparable terminology. These forward‐looking statements include all matters that are not historical facts and include statements regarding TAP’s or its affiliates’ intentions, beliefs or current expectations concerning, among other things, TAP’s or its affiliates’ results of operations, financial condition, liquidity, prospects, growth, strategies and the industries in which they operate. By their nature, forward‐looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Readers are cautioned that forward‐looking statements are not guarantees of future performance and that TAP’s or its affiliates’ actual results of operations, financial condition and liquidity, and the development of the industries in which they operate may differ materially from those made in or suggested by the forward‐looking statements contained in this press release. In addition, even if TAP’s or its affiliates’ results of operations, financial condition and liquidity, and the development of the industries in which they operate are consistent with the forward‐looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods. This announcement contains forward‐looking statements and information that is necessarily subject to risks, uncertainties, and assumptions. All forward‐looking statements involve risks and uncertainties which could affect the Issuer’s actual results and could cause its actual results to differ materially from those expressed in any forward looking statements made by, or on behalf of, the Issuer. No assurance can be given that the transactions described herein will be consummated or as to the terms of any such transactions. TAP assumes no obligation to update or correct the information contained in this announcement. Transportes Aéreos Portugueses, S.A. PRESENTATION OF FINANCIAL AND CERTAIN OTHER INFORMATION Presentation of Financial Information In this presentation, the discussion of our business includes the business of Transportes Aéreos Portugueses, S.A. Unless otherwise indicated or the context otherwise requires, "TAP", "we," "us," "our" or the "Company" refers to Transportes Aéreos Portugueses, S.A. The Company is a wholly owned subsidiary of Transportes Aéreos Portugueses, SGPS, S.A. ("TAP SGPS" or the "Parent"). We do not present in this presentation any information of the Parent. The Parent's consolidated financial information includes also the results of TAPGER – Sociedade de Gestão e Serviços, S.A. ("TAPGER"), Portugália – Companhia Portuguesa de Transportes Aéreos, S.A. ("Portugália"), CateringPor – Catering de Portugal, S.A. ("CateringPor"), Megasis-Sociedade de Serviços e Engenharia Informática, S.A. ("Megasis", merged with the Company on May 2, 2019), UCS – Cuidados Integrados de Saúde ("UCS"), Aeropar, Participações, S.A. ("Aeropar") and TAP-Manutenção e Engenharia Brasil, S.A. ("TAP ME Brasil"), which are not included in the Company's financial statements. Our financial statements as of and for the year ended December 31, 2018 and our unaudited interim financial statements as of and for the nine months ended September 30, 2019 are special purpose financial statements that were prepared in accordance with the International Financial Reporting Standards ("IFRS") as endorsed by the European Union, as issued by the International Accounting Standards Board ("IASB"). Our audited financial statements as of and for each of the years ended December 31, 2017 and 2016 were prepared in accordance with IFRS, as endorsed by the European Union. Our unaudited interim special purpose financial statements as of and for the nine months ended September 30, 2019, our audited special purpose financial statements as of and for the year ended December 31, 2018 and our audited financial statements as of and for each of the years ended December 31, 2017 and 2016 are included in this presentation. Our financial statements are presented in euro. The restated financial information presented in this presentation as of and for the year ended December 31, 2017 has been derived from the audited special purpose financial statements as of and for the year ended December 31, 2018. We have included the December 31, 2017 non-restated, audited annual financial statements in the F-pages to this presentation and included a reconciliation of the restatement from our 2018 annual audited special purpose financial statements in the "Summary Financial and Other Operating Information" but this financial information has not been presented in the "Management's Discussion of Financial Condition and Results of Operations." See "— Restatement of the 2017 Year-End Financial Information" below. Our financial information for the twelve months ended September 30, 2019 has been derived by adding the results of operations for the nine months ended September 30, 2019 to the results of operations for the year ended December 31, 2018 and then subtracting the results of operations for the nine months ended September 30, 2018. The financial information for the twelve months ended September 30, 2019 includes the final three months of the year ended December 31, 2018, wherein IFRS 16 was not yet adopted by us. For purposes of presenting the financial information for the twelve months ended September 30, 2019, we applied IFRS 16 on a consistent basis to the last three months of the year ended December 31, 2018, which required an adjustment to be made to the historical financial information for the three months ended December 31, 2018. The financial information for the twelve months ended September 30, 2019 has been prepared for illustrative purposes only and is not necessarily representative of our results of operations for any future period or our financial condition at any future date and is not prepared in the ordinary course of our financial reporting. The historical audited financial statements for the year ended December 31, 2017 are comparable with the historical audited financial statements for the year ended December 31, 2016. The financial information presented in this presentation should be read in conjunction with our financial statements and the related notes included elsewhere in this presentation and the section of this presentation entitled "Management's Discussion and Analysis of Financial Condition and Results of Operations." ii References in the presentation to the financial information as of and for the year ended December 31, 2017 are to the restated financial information as of and for the year ended December 31, 2017 included in the audited special purpose financial statements as of and for the year ended December 31, 2018 unless otherwise specified. References in the presentation to "U.S. dollar," "U.S. dollars" or "US$" refer to U.S. dollars, the official currency of the United States; references to "euro," "EUR" and "€" are to the single currency of the participating member states of the European Union participating in the third stage of economic and monetary union pursuant to the Treaty on the Functioning of the European Union, as amended or supplemented from time to time; and references to "Brazilian real", "real," "reais" or "R$" refer to the Brazilian real, the official currency of Brazil. Restatement of the 2017 Year-End Financial Information In 2018, our Board of Directors revised the presentation of our income statement. This change, which mostly consists of the breakdown of operating expenses and income and the introduction of non-recurrent items, required a restatement of the 2017 financial year, to ensure proper comparability with the 2018 financial year. As a result, certain financial information presented in this presentation as of and for the year ended December 31, 2017 has been derived from the audited special purpose financial statements as of and for the year ended December 31, 2018, which restated the 2017 financial information. See note 1.2 of the audited special purpose financial statements
Load more

Recommended publications
  • WJA Presentation JP Morgan 20150303
    J.P. Morgan Aviation, Transportation and Industrials Conference March 3, 2015 Caution regarding forward-looking information Certain statements set forth in this presentation and statements made during this presentation, including, without limitation, information respecting WestJet’s ROIC goal of a sustainable 12%; the anticipated timing of the 737 MAX deliveries and the associated benefits of this type of aircraft and the LEAP-1B engine; our 737 and Q400 fleet commitments and future delivery dates; our expectation that upgrades to Plus seating will generate significant incremental revenue; our plans to introduce wide-body service with initial flights planned between Alberta and Hawaii in late 2015; our expectations of further expansion through WestJet Vacations, additional flights and new airline partnerships; the installation timing and features of our new in-flight entertainment system; WestJet Encore’s network growth plans; and our expectations to retain a strong cash balance are forward-looking statements within the meaning of applicable Canadian securities laws. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond WestJet’s control. Readers are cautioned that undue reliance should not be placed on forward-looking statements as actual results may vary materially from the forward-looking statements due to a number of factors including, without limitation, changes in consumer demand, energy prices, aircraft deliveries, general economic conditions, competitive environment, regulatory developments, environment factors, ability to effectively implement and maintain critical systems and other factors and risks described in WestJet’s public reports and filings which are available under WestJet’s profile at www.sedar.com.
    [Show full text]
  • IATA CLEARING HOUSE PAGE 1 of 21 2021-09-08 14:22 EST Member List Report
    IATA CLEARING HOUSE PAGE 1 OF 21 2021-09-08 14:22 EST Member List Report AGREEMENT : Standard PERIOD: P01 September 2021 MEMBER CODE MEMBER NAME ZONE STATUS CATEGORY XB-B72 "INTERAVIA" LIMITED LIABILITY COMPANY B Live Associate Member FV-195 "ROSSIYA AIRLINES" JSC D Live IATA Airline 2I-681 21 AIR LLC C Live ACH XD-A39 617436 BC LTD DBA FREIGHTLINK EXPRESS C Live ACH 4O-837 ABC AEROLINEAS S.A. DE C.V. B Suspended Non-IATA Airline M3-549 ABSA - AEROLINHAS BRASILEIRAS S.A. C Live ACH XB-B11 ACCELYA AMERICA B Live Associate Member XB-B81 ACCELYA FRANCE S.A.S D Live Associate Member XB-B05 ACCELYA MIDDLE EAST FZE B Live Associate Member XB-B40 ACCELYA SOLUTIONS AMERICAS INC B Live Associate Member XB-B52 ACCELYA SOLUTIONS INDIA LTD. D Live Associate Member XB-B28 ACCELYA SOLUTIONS UK LIMITED A Live Associate Member XB-B70 ACCELYA UK LIMITED A Live Associate Member XB-B86 ACCELYA WORLD, S.L.U D Live Associate Member 9B-450 ACCESRAIL AND PARTNER RAILWAYS D Live Associate Member XB-280 ACCOUNTING CENTRE OF CHINA AVIATION B Live Associate Member XB-M30 ACNA D Live Associate Member XB-B31 ADB SAFEGATE AIRPORT SYSTEMS UK LTD. A Live Associate Member JP-165 ADRIA AIRWAYS D.O.O. D Suspended Non-IATA Airline A3-390 AEGEAN AIRLINES S.A. D Live IATA Airline KH-687 AEKO KULA LLC C Live ACH EI-053 AER LINGUS LIMITED B Live IATA Airline XB-B74 AERCAP HOLDINGS NV B Live Associate Member 7T-144 AERO EXPRESS DEL ECUADOR - TRANS AM B Live Non-IATA Airline XB-B13 AERO INDUSTRIAL SALES COMPANY B Live Associate Member P5-845 AERO REPUBLICA S.A.
    [Show full text]
  • How to Get to the Galapagos Islands
    Specialist Galapagos Trip Advisors Lowest Price Guaranteed #1 Online Seller of Galapagos Tours Free Trip Planning Special Oers ARRIVING FROM EUROPE Carriers: KLM, LUFTHANSA, IBERIA, LAN, AVIANCA, AIR FRANCE, How to Get to the BRITISH AIRWAYS, AMERICAN AIRLINES, UNITED-CONTINENTAL AIRLINES, DELTA Routes: From local airport connecting in Madrid or Amsterdam directly or other European city connecting to the US. Galapagos Islands Possible stops in Central or South America ARRIVING FROM JAPAN, CHINA & REST OF ASIA Carriers: KLM, LUFTHANSA, ALL NIPPON AIRWAYS, AIR CHINA, JAPAN AIRLINES, AMERICAN AIRLINES, UNITED-CONTINENTAL ARRIVING FROM THE UNITED STATES & CANADA AIRLINES, DELTA Carriers: AMERICAN AIRLINES, UNITED-CONTINENTAL AIRLINES , Routes: DELTA, COPA, AIR CANADA, LAN, AVIANCA, AEROMEXICO, TAME From Beijing connecting in Atlanta, Houston, Los Angeles, Routes: Local airport-connecting ight in Atlanta, Houston, Frankfurt, or Tokyo. Miami or New York-Quito. From Tokyo connecting in Amsterdam, Atlanta, Dallas, Possible stops in Central or South America Houston, Washington. Possible stops in Central or South America. ARRIVING FROM AFRICA Carriers: KLM, AIR FRANCE, SOUTH AFRICAN AIRWAYS, IBERIA Routes: From your nearby international airport connecting to a major international airport in Europe or Brazil. Possible stop in South America. ARRIVING FROM AUSTRALIA & NEW ZEALAND ARRIVING FROM INDIA OR THE MIDDLE EAST Carriers: QUANTAS, LAN, AIR NEW ZEALAND, AMERICAN Carriers: KLM, LUFTHANSA, AIR FRANCE, AIR INDIA, IBERIA, DELTA, AIRLINES, UNITED-CONTINENTAL AIRLINES, DELTA EGYPTAIR, EMIRATES, AMERICAN AIRLINES, UNITED-CONTINENTAL Routes: From Sydney or Auckland connecting in Chicago, AIRLINES San Francisco, Los Angeles, New York, or Santiago (Chile). Routes: From your nearby international airport connecting to a Possible stops in North or South America.
    [Show full text]
  • Additional Details Regarding Westjet's Fare Class Realignment
    Additional details regarding WestJet’s fare class realignment In the late third quarter or early fourth quarter of 2018, WestJet will update our existing fare class structure and how we define our fare classes to better align with industry standards. At the same time, all our aircraft will move to a multi-cabin configuration. These changes will have an impact on your business and as a valued partner, we want to give you advance notice so you can start making any necessary preparations. To help get you ready for this change, we have outlined the following details below: OVERVIEW OF WESTJET FARE CLASS REALIGNMENT ...................................................................................................2 WHAT’S CHANGING ................................................................................................................................................................. 2 WHY WE’RE MAKING THIS CHANGE ............................................................................................................................................. 2 SAMPLE FARE STRUCTURE ......................................................................................................................................................... 2 NEW: OVERVIEW OF MULTI-CABIN AIRCRAFT .............................................................................................................3 WHAT’S CHANGING ................................................................................................................................................................
    [Show full text]
  • Flight Options to Marseille
    (Some of the) Flight options to Marseille Most of the search was done for flights on the 15th and 17th May. The lines in light red are for other dates. This list is obviously non exhaustive, as there are always many options available, but it gives some indications and suggestions. From Barcelona 15/5 15.50-17.00 Iberia / Vueling To Barcelona 17/5 22.20-23.30 Vueling 17/5 22.15-23.20 Iberia From Rome FCO 15/5 15.30-16.55 Alitalia 15/5 17.15-18.50 Ryanair 15/5 14.40-16.10 Iberia / Vueling To Rome FCO 17/5 15.15-16.40 Ryanair 17/5 16.45-18.05 Vueling From Athens Via Rome (15/5) 13.25-16.55 Alitalia Via Munich (15/5) 13.10-17.10 Lufthansa Via Munich (15/5) 8.35-13.05 Lufthansa To Athens Via Munich (17/5) 6.30-12.20 Lufthansa Direct (18/5) 18.20-21.55 Aegean Airlines Via Rome (18/5) 17.45-00.45 Alitalia From Lisbon 15/5 14.00-17.20 Ryanair 15/5 8.10-11.25 Tap Air To Lisbon 17/5 17.45-19.10 Ryanair 17/5 12.05-13.25 Tap Air 17/5 18.25-19.50 Tap Air From Tunis 15/5 7.25-10.00 Tunisair 15/5 12.25-15.00 Tunisair 15/5 17.15-19.50 Tunisair 15/5 19.20-21.55 NouvelAir Tunisie To Tunis 17/5 21.50-22.20 Tunisair 17/5 15.50-16.25 Tunisair 18/5 10.50-11.25 Tunisair 18/5 Many other flights From Madrid 15/5 10.20-12.00 Iberia 15/5 16.50-18.30 Iberia 15/5 21.30-23.10 Iberia To Madrid 17/5 15.20-17.10 Ryanair 17/5 19.00-20.50 Iberia 18/5 13.55-15.45 Ryanair 18/5 12.30-14.20 Iberia From Milan 15/5 8.35-9.45 Twinjet 15/5 20.25-21.35 Twinjet 15/5 Several one stop flights To Milan 17/5 20.25-21.35 Twinjet 18/5 via Lyon 7.40-10.30 Air France 18/5 via Paris 6.00-9.50
    [Show full text]
  • IAG Results Presentation
    IAG results presentation Full Year 2019 28 February 2020 2019 Highlights Willie Walsh, Chief Executive Officer Continued progress against strategic objectives FY 2019 strategic highlights • Strengthen portfolio of world-class brands and operations − Announced planned acquisition of Air Europa, subject to regulatory approvals − British Airways new Club Suite on 5 aircraft (4 A350s, 1 B777) and in-flight product enhancements (amenities, catering, new World Traveller Plus seat, Wi-Fi rollout. Revamped lounges – Geneva, Johannesburg, Milan, New York JFK, SFO − Iberia Madrid lounge refurbishment and completion of premium economy long-haul rollout − Strong NPS increase by 9.5 points to 25.8, driven by British Airways and Vueling, target of 33 by 2022 − LEVEL expansion at Barcelona and roll-out to Amsterdam • Grow global leadership positions − North America traffic (RPK) growth of 3.6% − New destinations – Charleston (BA), Minneapolis (Aer Lingus), Pittsburgh (BA) − LEVEL – new route Barcelona to New York − Latin America and Caribbean traffic growth of 15.6% − Iberia - higher frequencies on existing routes − LEVEL – new route Barcelona to Santiago − British Airways – increased economy seating ex-LGW on Caribbean routes − Intra-Europe traffic growth of 3.8% - Domestic +10.1% (mainly Spain), Europe +2.2% − Asia traffic growth of 5.0% – British Airways new routes to Islamabad and Osaka, signed joint business agreement with China Southern Airlines • Enhance IAG’s common integrated platforms − Launched ‘Flightpath net zero’ carbon emissions by 2050
    [Show full text]
  • Advanced Seat Reservation
    Advanced Seat Reservation Iberia, Iberia Express and Iberia Regional Air Nostrum extend to all fares the possibility of advanced seat reservation from the moment of ticket purchase • The advanced seat reservation is only applicable on flights operated by Iberia, Iberia Express and Iberia Regional Air Nostrum , is only applicable to individual passengers with previously issued flight tickets and, is subject to the availability of seats at the moment of request. • This service is free of charge for passengers travelling in Business class . • For passengers in Economy class this service is voluntary and subject to charges , except for those passengers on Economy Full Fare (Y), fares B, H, K, M, Z, L, A , Club Fiesta passengers, Iberia Plus Platinum and Gold card holders and their equivalents in oneworld Emerald and Sapphire, for whom it's free of charge . • Passengers can choose their seat in the Economy cabin before checking-in online or in person at the airport, provided they have previously issued tickets. • For security reasons, the use of emergency seats, including Economy XL , continue to be subject to certain requirements. • For check-in at the airport, or through on-line check-in unreserved seats are free for all passengers. Flights which can sell paid seats Only Iberia flights operated by Iberia, Iberia Expess and Air Nostrum Flights which do not sell paid seats • Code-share marketing other airlines - flights operated by Iberia - • Code-share IB4000-4999 // IB7000-7999 - flights operated by other airlines - If free assignation is allowed, the conditions applied will be determined by the operating airline. Code-share IB5000-5999 -flights operated by Vueling - There is no seat assignation • Air Shuttle flights • Charter flights TERMS AND CONDITIONS: Terms and Conditions of paid seats The prior reservation of paid seats is optional, is subject to the availability of seats at the moment of request and is only applicable on flights operated by Iberia and Iberia Regional Air Nostrum to individual passengers with previously issued flight tickets.
    [Show full text]
  • Strategic Integration Between U.S. Airways and Iberia in One World José G
    lobal f G E o co l n a o n m r u i c o s J $ Vargas-Hernández, J Glob Econ 2014, 2:4 Journal of Global Economics DOI: 10.4172/2375-4389.1000123 ISSN: 2375-4389 Opinion Article Open Access Strategic Integration between U.S. Airways and Iberia in One World José G. Vargas-Hernández* University Center of Economic and Administrative Sciences, University of Guadalajara, Zapopan , Jalisco, Mexico *Corresponding author: José G. Vargas-Hernández, University Center of Economic and Administrative Sciences, University of Guadalajara, Zapopan , Jalisco, Mexico, Tel: +523337703340, Ext: 25685; E-mail: [email protected] Rec Date: Sep 30 2014; Acc Date: Oct 08 2014; Pub Date: Oct 15 2014 Copyright: © 2014 Vargas-Hernández JG. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited. Abstract The air transportation is one of the most important international industries; there are three major networks or strategic alliances (One World, Sky Team and Star Alliance). They seek to overcome each other, whilst the members leave the guild and join another. This paper attempts to determine the reasons for the performance of the joint venture and the performance of firms within the alliance. Keywords: Airlines; Antitrust; Firm performance; Strategic alliances Defining the Problem The question of this work lies in what effect on firm performance Introduction could be expected from the strategic partnership between U.S. Strategic alliances between firms are ubiquitous phenomena. Airways, Iberia, American Airlines and British Airways? Strategic alliances are defined as voluntary arrangements between firms involving exchange, sharing or co-development of products, Theoretical Background technology or services [1].
    [Show full text]
  • Case No COMP/M.2672 - SAS / SPANAIR
    EN Case No COMP/M.2672 - SAS / SPANAIR Only the English text is available and authentic. REGULATION (EEC) No 4064/89 MERGER PROCEDURE Article 6(1)(b) NON-OPPOSITION Date: 05/03/2002 Also available in the CELEX database Document No 302M2672 Office for Official Publications of the European Communities L-2985 Luxembourg COMMISSION OF THE EUROPEAN COMMUNITIES Brussels, 05/03/2002 SG (2002) D/228776 In the published version of this decision, some PUBLIC VERSION information has been omitted pursuant to Article 17(2) of Council Regulation (EEC) No 4064/89 concerning non-disclosure of business secrets and other confidential information. The omissions are shown thus […]. Where possible the information omitted has been replaced by ranges of figures or a MERGER PROCEDURE general description. ARTICLE 6-1(b) DECISION To the notifying party Dear Sirs, Subject: Case No COMP/M.2672 - SAS/Spanair Notification of 4.2.2002 pursuant to Article 4 of Council Regulation No 4064/89 1. On 4.2.2002, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No 4064/891 (“The Merger Regulation) by which the undertaking Scandanavian Airlines Systems Denmark-Norway- Sweden (SAS) proposes to acquire sole control of Spanair Holding S.L (Spanair) within the meaning of article 3 (1) (b) of the aforementioned Council Regulation, through a purchase of shares. 2. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EEC) No 4064/89 and does not raise serious doubts as to its compatibility with the common market and with the EEA Agreement.
    [Show full text]
  • IB Trade Guidelines (075
    IB Trade Guidelines (075 - tickets) Booking beyond date range... Customer relations... Disruption & Involuntary change (075 tickets)... Domestic shuttle flights... Dupe tickets or bookings... EMD... EXST & CBBG... Fares & taxes... Historical flight or PNR data... HX segments... Infant / Child... Name correction... Offload... Paid seating... Refunds & exceptions... Ticket re-issue & revalidation... UMNR & YP... Vueling... Booking beyond date range Travel agent to contact ‘IB Trade Helpdesk’ to advise that passenger requires inbound date. ‘IB Trade Helpdesk’ to enter a vendor remark authorising the inbound date change and ticket can be re-issued free of charge once the date is in system range. Travel agent is required to contact ‘IB Trade Helpdesk’ once the change is made to advise new ticket number to avoid an ADM. If the agent should request another date other than the one given at the time of booking, fare rules apply. Customer relations Feedback and complaints to be submitted on www.iberia.com If passenger is not satisfied with the CR response, they need to give feedback online and quote the existing CR number. Contacts: Postal Address for Luggage claims: Apdo. 36299 – 28080 MAD Fax. (luggage claims only): +34 915149958 Postal address for Pax claims: Apdo. 36315 – 28080 MAD Go up Disruption & Involuntary change (075 tickets) Rebooking must be done by issuing travel agent. ‘IB Trade Helpdesk’ can assist with availability and guidelines only if necessary. IB system to automatically revalidate tickets on flights impacted by schedule change where the route remains unaffected. In cases where a re-issue is required, the travel agent MUST enter a remark INVOL ASC in the endorsement field.
    [Show full text]
  • An Airline Which Operated Only the First Leg of a Connecting Flight in One Member State Can Be Sued Before the Courts of The
    Court of Justice of the European Union PRESS RELEASE No 28/18 Luxembourg, 7 March 2018 Judgment in Joined Cases C-274/16, C-447/16 and C-448/16 flightright GmbH v Air Nostrum, Líneas Aéreas del Mediterráneo SA Roland Becker v Hainan Airlines Co. Ltd Mohamed Barkan, Souad Asbai, Assia Barkan, Zakaria Barkan, Nousaiba Press and Information Barkan v Air Nostrum, Líneas Aéreas del Mediterráneo SA An airline which operated only the first leg of a connecting flight in one Member State can be sued before the courts of the final destination in another Member State for compensation for delays That is the case where the different flights were part of a single booking for the entire journey and the long delay of the arrival at the final destination is due to an irregularity which took place on the first of those flights Air passengers booked with Air Berlin and Iberia connecting flights from Spain to Germany (namely, for the journey Ibiza ‒ Palma de Majorca ‒ Düsseldorf with Air Berlin and for the journey Melilla ‒ Madrid ‒ Frankfurt am Main with Iberia), those bookings covering the entirety of the respective flights. The first domestic flights in Spain were operated on behalf of Air Berlin and Iberia by the Spanish airline Air Nostrum. In both cases, those flights were delayed (45 and 20 minutes) which resulted in the passengers missing their second flight to Germany. The passengers finally reached their final destination with a delay of more than 3 hours (namely a delay of approximately 4 hours for the flight booked with Air Berlin and a delay of 13 hours for the flight booked with Iberia).
    [Show full text]
  • Who We Are – the National Airlines Council Of
    Who we are The National Airlines Council of Canada was founded in 2008 by Canada’s four largest passenger airlines: Air Canada, Westjet, Air Transat, and Jazz Aviation. Collectively our members carry over 92% of domestic air traffic and 65% of Canada’s international air traffic. Our members fly more than 71 million people per year and employ 50,000 Canadians across the country. During peak season, our members fly over 2,300 flights per day to 243 destinations in 64 different countries. Our Priorities Safe and Secure Air Travel Nothing is more important than delivering our passengers safely to their destination. We are proud that Canada is recognized as a world leader in aviation safety and is home to one of the world’s safest air transportation systems. This achievement is the result of a proactive and comprehensive approach to safety adopted by all industry stakeholders. Environmentally Responsible Air Travel Canada’s airlines have a strong and genuine commitment to reducing the industry’s environmental footprint, including fuel efficiency improvement, emissions reduction, noise abatement, waste reduction, and best practices for aircraft de-icing activities. Competitive Air Travel A competitive Canadian aviation sector creates jobs and stimulates trade, travel and tourism. This benefits all Canadians. By making it easier and more cost-competitive to fly, visit, and do business in Canada, our airlines contribute to a strong and prosperous Canada. Who we are Air Canada is Canada's largest domestic and international airline serving more than 200 airports on six continents. Canada's flag carrier is among the 20 largest airlines in the world and in 2016 served close to 45 million customers.
    [Show full text]