Tag Archives: 747-400

Lufthansa Group to hire more than 4,000 new employees in 2016

Lufthansa Boeing 747-430 D-ABVD (msn 24740) FRA (Paul Bannwarth). Image: 930895.

Lufthansa Group (Lufthansa) (Frankfurt) has made this announcement about its hiring plans for 2016:

The Lufthansa Group is hiring more than 4,000 new employees in 2016, giving the organization a top position amongst the leading German companies. “We are proud that yet again this year the companies of the Lufthansa Group are able to offer many people an exciting new outlook and attractive working conditions in the aviation industry. For many applicants the Lufthansa Group is a dream employer. We are therefore even more pleased that we can fulfill this dream for 4,000 people,” says Carsten Spohr, Chairman of the Executive Board of Deutsche Lufthansa AG.

Flight Attendants

The main focus of the new recruiting will be the flight attendant training. In 2016 approximately 2,800 flight attendants will be hired in various locations and for different airlines of the Lufthansa Group:

  • Lufthansa 1,400 (800 in Frankfurt and 600 in Munich)
  • Swiss 800 (in Zurich)
  • Eurowings 360 (in Vienna, Düsseldorf and Hamburg)
  • Austrian Airlines 200 (in Vienna)
  • Lufthansa CityLine 30 (in Munich)

Interested parties can find more information at the following link:

https://www.be-lufthansa.com/en/jobs-and-apprenticeship/flight-attendant-mf/

Lufthansa Flight Attendants

Lufthansa flight attendants will start in the Frankfurt and Munich hubs on short, medium and long- haul destinations. Basically Lufthansa offers two kinds of entry-level contracts:

  • A permanent position with a part time factor of 83 percent in which flight attendants fly full time in summer and part time in winter.
  • A two year contract with a part time factor of 50 percent which can be extended once every two years. In this model flight attendants work full time in summer followed by six months free time. Entry to this type of contract is possible from November to January.

In both models salary and social insurance are paid over twelve months. New employees take training courses over twelve weeks in order to become flight attendants. Interested parties who are at least 18 years old and who have completed their secondary education may apply directly to www.be-lufthansa.com.

Flight Attendants for Eurowings Europe in Vienna

The newly founded Eurowings Europe starts off the year with modern A320 jets flying to attractive locations in Europe. Under the umbrella brand Eurowings the new airline with its headquarters in Vienna will in future offer an attractive flight program. Interested parties who are at least 18 years old and who have passed their secondary school examinations may apply to:

www.aircrew-service.de/eurowings_karrierecenter/

Pilots for Eurowings and Austrian Airlines

This year the Lufthansa Group is hiring 240 pilots, of which 140 will be for Eurowings in Austria and Germany and 100 for Austrian Airlines. Both first officers and captains are wanted. Further pilots are needed for SunExpress in Germany. The joint subsidiary of Lufthansa and Turkish Airlines operates long-haul flights on behalf of Eurowings. Interested parties will find information about requirements and may apply for a place in the cockpit at the following links:

www.career.aero/eurowings/

www.career.aero/sunexpress

Service Staff at Munich Airport

This year the Lufthansa Station in Munich is looking for 150 new employees for their passenger service at Munich Airport. The new colleagues will be deployed in taking care of passengers at the check-in or at the Lufthansa transfer and ticket counters in the multiple award winning Terminal 2. Lufthansa will hire station employees for one year on a full time basis. Interested parties with an intermediate school leaving certificate and a good knowledge of both spoken and written English may find further information here:

https://www.be-lufthansa.com/en/jobs-and-apprenticeship/customer-service/

Further Vacancies and Apprenticeships

Just as it does every year, in 2016 Lufthansa will be giving numerous apprentices a start in their professional career. The beginners will be trained in over 30 different careers at different locations. Moreover the organization is also looking for more employees in various areas of the company. Interested parties may find detailed information about possibilities to enter the Lufthansa organization and requirements under http://www.be-lufthansa.com. Applications may be sent exclusively via the career portal. Deutsche Lufthansa AG

Copyright Photo: Paul Bannwarth/AirlinersGallery.com. Boeing 747-430 D-ABVD (msn 24740) arrives at the FRA hub.

Lufthansa aircraft slide show: AG Airline Slide Show

AG Prints-Lustre-Glossy-Matte-Metallic

 

Air France announces the last Boeing 747 flight over France

Special 747 retirement flight over France on January 14, 2016

Air France (Paris) has announced a special milestone event in January with the last revenue flight for its Boeing 747 after a long career with the Jumbo type:

Air France logo

On January 14, 2016, Air France is offering customers a unique experience on a special tribute flight over France, with views of the country’s legendary landmarks.

More than 45 years after the first Boeing 747 flight from Paris to New York on June 3, 1970 – on the aircraft that became widely known as the Jumbo Jet – Air France salutes the last flight of this legendary and distinct aircraft on flight AF747.

Flight AF747 will take off on January 14, 2016 at 11:30 a.m. from Paris-Charles de Gaulle. The experience will include a Business class lunch and champagne for all passengers, with special inflight commentary and tour of France’s history and legendary landmarks.

Upon arrival at Paris-Charles de Gaulle, the passengers will be invited to discover the airline’s aircraft maintenance workshops and share a tribute drink at the foot of the aircraft. One can also follow the event on Twitter with #AF747.

As of December 7, 2015, customers can book their tickets on flight AF747 by calling +33 1 56 93 70 28 from 10 a.m. to 5 p.m. Paris time, Monday through Friday. The fare for the entire cabin is fixed at €220 plus tax.

Air France’s 747: a showcase of modern innovations

Since the early 70s, the Boeing 747 has been a showcase of modern innovations. It revolutionized air travel in an era of mass tourism and global transit. For cargo, the Boeing 747 had pressurized holds, which were ventilated and protected against fire. Four times larger than the previous generation of Boeing, the 707s, the Boeing 747 could carry 122 tons of cargo!

As one of the first airlines to operate this aircraft, Air France made it the flagship of its long-haul fleet. Most of the airline’s destinations – including New York, Montreal, the French West Indies, and Reunion – have been served by the Jumbo.

In the early 70s, Air France also began reinventing its service to better satisfy its customers. The role of chief purser was created to coordinate the service and attention paid to customers, as the new aircraft could carry up to 500 passengers. Inflight cuisine was a major element of the flight experience, with menus designed by great French chefs such as Paul Bocuse, Gaston Lenôtre and Pierre Troisgros, who forged exclusive partnerships with Air France. Finally, the cabin interior was designed by Pierre Gautier-Delaye, who paid particular attention to the comfort of the seat cushions and seatbacks.

Today, the duties behind the Air France flight experience are being handed over to the 65 Boeing 777, equipped with the airline’s new long-haul cabins: designer suites in the La Première cabin, a cocoon in the sky in the Business cabin, and new redesigned seats in Premium Economy and Economy for optimal travel comfort.

Air France La Saga: the benchmark historical website

To celebrate this event and this chapter of Air France’s history, the airline is unveiling its new-look benchmark historical website: http://airfrancelasaga.com

To give everyone a chance to explore Air France’s rich heritage, the airline’s website has had a complete makeover. With vintage videos and photos, Air France is reliving its history, with particular attention to its professionals, fleet, network, and the attention it has always paid to its customers.

Top Copyright Photo: Manuel Negrerie/AirlinersGallery.com.

Air France aircraft slide show: AG Airline Slide Show

Airline Airline Aircraft Endangered Species List: AG Airline Slide Show

Bottom Copyright Photo: Bruce Drum/AirlinersGallery.com. Air France introduced the Boeing 747-128 on June 3, 1970 on the Paris – New York route.  Boeing 747-128 F-BPVD (msn 19752) taxies to the gate at John F. Kennedy International Airport.

Air France Boeing 747-128 F-BPVD (msn 19752) JFK (Bruce Drum). Image: 102866.

AG Prints-Lustre-Glossy-Matte-Metallic

Air France to release a new round of cuts after failing to reach an agreement with its pilots

Air France (Paris) plans to announce a new round of cuts after failing to reach a new agreement with its pilots according to the Wall Street Journal. The airline was seeking to find cost savings of $190 million annually for the next three years but the pilots refused to fly more hours for the same pay.

Read the full report: Read the Full Story (LRW)

Copyright Photo: Manuel Negrerie/AirlinersGallery.com. Air France is due to operate the last Boeing 747-400 revenue flight on January 11, 2016, ending a long historic run with the 747. However if the carrier follows through on further deeper cuts the type could be retired sooner. Boeing 747-428 F-GITF (msn 25602) departs from the Paris (CDG) hub.

Air France aircraft slide show: AG Airline Slide Show

AG Bottom Ad Bar

 

Aeroflot will not proceed with the acquisition of Transaero, will end operations on December 15

Aeroflot Russian Airlines (Moscow) will not proceed with its acquisition of 75 percent of the stock of rival and struggling Transaero Airlines (Moscow) according to Reuters. Transaero’s shareholders failed to meet the deadline for an acquisition plan.

Read the full report: Read the Full Story (LRW)

Meanwhile the Russian government has given its approval for Transaero to file for bankruptcy according to rt.com.

Read the full report: Read the Full Story (LRW)

The airline has acknowledged on social media that it is “rehabilitating its activities” and would have more details later today.

According to Bloomberg the airline’s creditors have not yet agreed on a restructuring plan. The government has banned the airline from selling any further tickets due to its large debt.

Aeroflot will reportedly stopped buying fuel for Transaero aircraft which affectively grounds the airline.

Read the full report:  Read the Full Story (LRW)

Update: On October 2, 2015 Transaero Airlines issued this statement:

Transaero (2015) logo

 

Upon the decision of the Government of the Russian Federation on external management and sanation of Transaero Airlines, the carrier interacts with the partners to ensure the carriage of the passengers holding the tickets of the airline.

The airline has suspended ticket sales.

The transportation of passengers-holders of the airline’s tickets on domestic and international routes will be provided until December 15, 2015.

Passengers-holders of tickets for flights after 00.00 of December 15, 2015, will be able to get refund of the full ticket price.

In summary, Transaero Airlines will cease operations at midnight on December 15, 2015.

Copyright Photo: Ton Jochems/AirlinersGallery.com. Antalya, Turkey is a favorite destination for the carrier and its uses Boeing 747-400s to bring large loads of Russian tourists to the popular beach resort. Flights are now being delayed from leaving Antalya (AYT). Boeing 747-446 EI-XLG (msn 30111) taxies at AYT.

Transaero Airlines aircraft slide show: AG Airline Slide Show

JustPlanes 25 Years banner

Virgin Atlantic moves the last Boeing 747-400 flight at London Heathrow to February

Virgin Atlantic Airways (London), as previously reported, is phasing out its venerable Boeing 747-400 at London’s Heathrow Airport (LHR). According to an update by Airline Route, the last Boeing 747-400 arrival at LHR is now scheduled for February 21, 2016 instead of April 17, 2016.

The last flight is expected to be flight VS006 from Miami to LHR arriving on the morning of February 21.

The type will continue to be operated from London’s Gatwick Airport.

Copyright Photo: SPA/AirlinersGallery.com. Boeing 747-41R G-VROC (msn 32746) climbs away from London’s Heathrow Airport.

Virgin Atlantic aircraft slide show: AG Airline Slide Show

JustPlanes 25 Years banner

Atlas Air Worldwide reports second quarter adjusted net income of $29.4 million

Atlas Air Worldwide Holdings, Inc. (Atlas Air and Polar Air Cargo) (New York) today announced adjusted net income attributable to common stockholders of $29.4 million, or $1.17 per diluted share, for the three months ended June 30, 2015, compared with $15.9 million, or $0.63 per diluted share, for the three months ended June 30, 2014.

Atlas Air Worldwide logo

On a reported basis, net income attributable to common stockholders in the second quarter of 2015 totaled $28.4 million, or $1.13 per diluted share, compared with $29.6 million, or $1.17 per diluted share, in the year-ago quarter.

Free cash flow of $68.5 million in the second quarter of 2015 compared with $59.2 million in the second quarter of 2014.

“Earnings in the second quarter were driven by contribution and margin strength in ACMI, Charter and Dry Leasing,” said William J. Flynn, President and Chief Executive Officer.

“We are seeing good demand for our aircraft and services as we enter the second half of 2015, as many of our customers are outperforming the overall market. We are working closely with our customers to provide them with the most efficient aircraft and effective operating services for their needs.

“As we gather additional insight into second-half demand, yields and military requirements, we continue to look forward to a strong year and a significant increase in earnings compared with 2014.”

Responding to market demand and customer requirements, we are implementing several previously announced fleet initiatives that are incorporated in our framework outlook for the year: placing an additional 747-400 freighter in ACMI service with DHL Express at the start of the third quarter; acquiring a new 747-8 freighter scheduled to be delivered to us in November; returning an owned, unencumbered 747-400 converted freighter to active service to meet additional Charter demand; securing a short-term operating lease on a second 747-400 converted freighter in Charter with more favorable terms; and expanding our Titan Dry Leasing portfolio by acquiring and converting two 767 passenger aircraft into freighter configuration. The freighters will be leased to DHL on a long-term basis when they are delivered in the fourth quarter.

 

Second-Quarter Results

Revenue and direct contribution in ACMI in the second quarter benefited from an increase in block hour volumes, driven by the start-up of four additional 767 CMI aircraft and an improvement in 747 cargo aircraft utilization. Segment contribution also benefited from lower heavy maintenance expense. These were partially offset by a reduction in revenue per block hour, which reflected the impact of payments received from a customer in 2014 in connection with the return of an aircraft as well as an increase in CMI flying in 2015.

In Charter, significantly higher segment revenues reflected an increase in commercial cargo demand and improvements in military passenger and cargo demand. In addition, segment contribution benefited from those higher flying levels and a reduction in heavy maintenance expense. The decrease in revenue per block hour was primarily driven by the impact of lower fuel prices.

In Dry Leasing, revenue and profitability grew as we realized revenue from maintenance payments related to the scheduled return of a 757-200 cargo aircraft in April. This aircraft was subsequently leased to DHL Express on a long-term basis during the quarter.

Reported earnings for the second quarter of 2015 included an effective income tax rate of 31.0%, which reflected our continued reinvestment of the net earnings of certain foreign subsidiaries outside of the U.S.

Half-Year Results

For the six months ended June 30, 2015, adjusted net income attributable to common stockholders totaled $55.2 million, or $2.20 per diluted share, compared with $27.1 million, or $1.07 per diluted share, for the six months ended June 30, 2014.

On a reported basis, first-half 2015 net income attributable to common stockholders totaled $57.6 million, or $2.29 per diluted share, compared with $37.5 million, or $1.49 per diluted share, in the first half of 2014.

Free cash flow totaled $148.8 million in the first six months of 2015 compared with $96.1 million in the first six months of 2014.

Liquidity and Capital Resources

At June 30, 2015, our cash, cash equivalents, restricted cash and short-term investments totaled $554.9 million, compared with $330.7 million at December 31, 2014.

The change in position reflected net cash of $171.1 million provided by operating activities; net cash of $104.4 million provided by financing activities, which included $99.1 million of debt payments; and net cash of $59.4 million used for investing activities.

In June 2015, we issued $224.5 million of convertible senior notes due June 2022 with a cash coupon of 2.25%. We used a portion of the approximately $218 million of net proceeds from the offering in June to fund the $16.6 million net cost of convertible note hedges and warrants related to the notes. These transactions are intended to offset any actual dilution from the conversion of the notes and to effectively increase the overall conversion price from $74.05 to $95.01 per share.

During the third quarter of 2015, we expect to use approximately $113 million of the net proceeds to retire higher-rate Enhanced Equipment Trust Certificates (EETCs) related to five of our 747-400 freighter aircraft. The redemption amount gives effect to the company’s ownership interests in the EETCs being retired, which have an average cash coupon of 8.1%.

We expect to use the remaining net proceeds from the convertible note issuance for working capital and capital expenditures, repayment or refinancing of debt, and general corporate purposes.

Outlook

We are encouraged by our strong first-half performance. We are seeing good demand for our aircraft and services this quarter and for the remainder of the year. And we continue to anticipate significant growth in adjusted diluted earnings per share in 2015.

On a sequential basis, we expect earnings per share in the third quarter of 2015 to be slightly better than our second-quarter 2015 adjusted earnings, followed by further earnings improvement in the fourth quarter.

Taking our first-half 2015 earnings strength into account, we continue to expect approximately 55% of our earnings to occur in the second half.

In addition, we anticipate that block-hour volumes this year will increase approximately 10% compared with 2014, including the impact of the 747-8 freighter scheduled to be delivered in November and 747-400BCF that we returned to service at the end of the second quarter. More than 70% of our total block hours should be in ACMI and the balance in Charter. Our ACMI outlook reflects expected growth in both 747 freighter operations as well as CMI flying. Our Charter outlook reflects our strong presence in the global charter market and military demand that is holding up well compared with 2014 levels.

In Dry Leasing, our portfolio is expected to include our recent acquisition and subsequent conversion of two 767 passenger aircraft to freighter configuration. Following their conversion, which should be completed during the fourth quarter of this year, the aircraft will be leased to DHL Express.

Given the flying levels that we anticipate, we continue to expect that aircraft maintenance expense in 2015 should total approximately $190 million. In addition, depreciation should be approximately $125 million. We also anticipate an effective income tax rate of approximately 30%. Core capital expenditures, excluding aircraft and engine purchases, are expected to total approximately $45 million, mainly for spare parts for our fleet. Expenditures for additional aircraft and engines should total approximately $240 million.

Copyright Photo: Michael B. Ing/AirlinersGallery.com. Polar Air Cargo’s Boeing 747-46NF N454PA (msn 30812) in DHL colors departs from scenic Anchorage, Alaska.

Atlas Air aircraft slide show: AG Airline Slide Show

Polar Air Cargo aircraft slide show: AG Airline Slide Show

DHL-Polar Air Cargo aircraft slide show: AG Airline Slide Show

AG Prints-6 Sizes

United Airlines announces its highest-ever quarterly profit

United Airlines (Chicago) today reported its largest quarterly profit ever, reporting a second quarter 2015 net profit of $1.3 billion, or $3.31 per diluted share, excluding $67 million of special items.

The company issued this report:

United logo-1

United Airlines (UAL) today reported second-quarter 2015 net income of $1.3 billion, or $3.31 per diluted share, excluding $67 million of special items. Including special items, UAL reported second-quarter net income of $1.2 billion, or $3.14 per diluted share. These results are a record quarterly profit for the company.

  • The company’s Board of Directors authorized an additional $3 billion share repurchase program, which the company expects to complete by the end of 2017.
  • In the quarter, UAL prepaid approximately $800 million of debt, contributed approximately $620 million to its pension plans and returned approximately $250 million to shareholders as part of its existing $1 billion share buyback program.
  • UAL earned an 18.2 percent return on invested capital for the 12 months ended June 30, 2015.

“This quarter’s record results reflect the progress we’re making on our long-term plan, and I’d like to thank the United team for their great work,” said Jeff Smisek, UAL’s chairman, president and chief executive officer. “The $3 billion share repurchase program we announced today demonstrates the confidence we have in our future. We will continue to invest in our customers, assets and our people, and remain committed to improving our balance sheet, expanding our margins and improving our return on invested capital, and expect our third quarter pre-tax margin to be between 13.5 and 15.5 percent, excluding special items.”

Second-Quarter Revenue and Capacity

For the second quarter of 2015, total revenue was $9.9 billion, a decrease of 4 percent year-over-year. Second-quarter consolidated passenger revenue decreased 3.4 percent to $8.7 billion, compared to the same period in 2014. Ancillary revenue per passenger in the second quarter increased 6.7 percent year-over-year. Second-quarter cargo revenue decreased 1.3 percent year-over-year to $229 million. Other revenue in the second quarter decreased 9.6 percent year-over-year, mostly due to the reduction in sales of fuel to a third party. The corresponding expense decline from this reduction appears in third-party business expense.

Consolidated revenue passenger miles increased 0.7 percent and consolidated available seat miles increased 2.3 percent year-over-year for the second quarter, resulting in a second-quarter consolidated load factor of 83.9 percent.

Second-quarter 2015 consolidated PRASM decreased 5.6 percent and consolidated yield decreased 4.1 percent compared to the second quarter of 2014.

“This quarter, we continued to build and refine our route network, including announcing the move of p.s. transcontinental service to our global gateway hub at Newark Liberty Airport and forming a long-term partnership with Azul Brazilian Airlines. These decisions will enhance our network and provide our customers with more choice and convenience,” said Jim Compton, UAL’s vice chairman and chief revenue officer. “We will continue to improve our leading network by focusing on our strengths, while investing in our people, fleet and products to increase revenue and deliver a flyer-friendly customer experience.”

Read the full report: CLICK HERE

Copyright Photo: Javier Rodriguez/AirlinersGallery.com. United has 23 aging Boeing 747-400s that will be eventually replaced with newer Airbus A350-1000s and Boeing 787-10 Dreamliners. Boeing 747-422 N199UA (msn 29717) arrives in Frankfurt.

United Airlines aircraft slide show (current livery only): AG Airline Slide Show

AG No Ads-Beautiful