Tag Archives: A330

TUI AG to sell Corsair to Groupe Dubreuil, the owner of Air Caraibes

Corsair International (Paris-Orly), the French airline unit of TUI AG, will be sold to Groupe Dubreuil, the owner of Air Caraibes. Both carriers will be operated separately according to this report by Bloomberg.

According to Bloomberg, “Dubreuil, who sold French carrier Regional Airlines to Air France in 2000, said he plans to sign a lease deal for three A350s from an unspecified supplier, adding to six of the wide-body twinjets that are already due to arrive from 2016 through 2023 — three ordered outright for Air Caraibes and three to be leased from ILFC, now owned by AerCap Holdings NV.”

Read the full report: CLICK HERE

Top Copyright Photo: Jacques Guillem/AirlinersGallery.com. The three Corsair 747-400s are currently configured in a high-density two-class 533 seat layout and are too big for the current routes and will be retired in 2017. Boeing 747-422 F-GTUI (msn 26875) taxies at the Paris (Orly) base.

Corsair aircraft slide show: AG Airline Slide Show

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Below Copyright Photo: Terry Wade/AirlinersGallery.com. Air Caraibes’ Airbus A330-223 F-OFDF (msn 253) holds short of the runway at London (Gatwick).

Corsair Route Map:

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Corsair 2.2015 Route Map

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Arkia goes with Airbus again, signs MOU for up to four A330-900neo aircraft

Arkia A330-900neo (99)(Flt)(Airbus)(LRW)

Arkia Israeli Airlines (Tel Aviv) has signed a Memorandum of Understanding (MOU) with Airbus for up to four A330-900neo aircraft. The commitment makes Arkia the first Airbus widebody customer in Israel and the first customer for the type in the region.

Arkia’s A330-900neo will join the four A321neo aircraft ordered at the Farnborough International Airshow in 2012.

Arkia is majority owned by the Nakash brothers and Jordache Enterprise. Nakash Holdings is the private investment arm of Jordache Enterprises (from the Jordache jeans fame). The company manages a multibillion-dollar investment portfolio including MG Aviation in Hong Kong, U.S. Polo Association, retail, agriculture, transportation, manufacturing, hotels and real estate located in prime locations throughout the world. The real estate portfolio consists of retail, office, multifamily and hospitality properties. Among the group’s recent acquisitions are the Versace Mansion and the famous Art Deco Setai Miami Beach.

Image: Airbus.

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Hainan Airlines adds more nonstop flights from Seattle/Tacoma to China

Hainan Airlines (Haikou and Beijing) is adding more flights from Seattle-Tacoma International Airport (SEA) to China. The fast growing carrier will add a new route from SEA to Shanghai on June 22. The new route will operate four days a week (on Mondays, Wednesdays, Fridays and Sundays) with two-class Airbus A330-200 aircraft.

Flight 7956 will depart Seattle/Tacoma at 12 noon (1200) and arrive Shanghai Pudong Airport at 4:30 pm (1630) the following day. Flight 7955 will depart Shanghai Pudong at 1:15 pm (1315) and arrive Seattle/Tacoma at 9:35 am (0935) the same day. Flight time is 13 ½ hours westbound and 11 hours 20 minutes eastbound.

The new service compliments the existing service from SEA to Beijing, which will expand to daily service on June 15.

Hainan started serving SEA in June 2008.

Copyright Photo: Mark Durbin/AirlinersGallery.com. Airbus A330-243 B-6088 (msn 906) is pictured at Seattle-Tacoma International Airport.

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Hawaiian Airlines again is the best on-time U.S. airline for 2014, Envoy Air is the worst

Hawaiian Airlines (Honolulu), helped by short flights in a good weather state, continues to record the best on-time performance for U.S. Airlines, as reported by the U.S. Department of Transportation. Hawaiian led the list for the 11th year in a row. Here is the full list:

US Airlines On-Time performance 2014 (DOT)

Hawaiian issued this statement:

Continuing a remarkable streak of on-time consistency that began in 2004, Hawaiian Airlines led the nation’s carriers in punctuality for the 11th year in a row, as reported by the U.S. Department of Transportation (DOT).

Hawai’i’s largest and longest-serving airline averaged a 91.9 percent on-time performance rating for the full year 2014, earning the top ranking in 11 of the 12 months and exceeding the industry average for the year by 15.7 percentage points. For the month of December, Hawaiian Airlines ranked second, recording an 87.9 percent on-time performance rating.

Hawaiian Airlines also ranked second in fewest flights cancelled among all carriers for the month of December with 0.3 percent, representing 21 cancellations out of 6,426 flights.

During the fourth quarter of 2014, Hawaiian Airlines also ranked first nationally for having had the least number of passengers denied boarding, (also known as ‘being bumped’). During this period, not one of the airline’s almost 2.5 million passengers was involuntarily denied boarding.

Hawaiian Airlines provides daily nonstop service to Hawai’i from 11 gateway cities in North America – more cities than any other carrier – using Airbus A330-200 and Boeing 767-300 aircraft, making it the only carrier to offer wide-body, twin-aisle aircraft for all transpacific flights. Hawaiian Airlines also operates approximately 160 daily flights between the Hawaiian Islands using Boeing 717-200 aircraft.

Copyright Photo: Michael B. Ing/AirlinersGallery.com. Airbus A330-243 N370HA (msn 1511) departs from Los Angeles International Airport bound for Honolulu.

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Skymark Airlines operates its last Airbus A330 revenue flight

Skymark Airlines (Tokyo-Haneda) yesterday (January 31) operated its last Airbus A330-300 revenue flight. According to ZipanguFlyer, the last revenue flight from Tokyo (Haneda) was flight BC 727 to Sapporo (New Chitose) operated with Airbus A330-343 JA330D. The final flight was the return leg, flight BC 730 back to Tokyo (Haneda), arriving back at 2236 local time.

Read the full report: CLICK HERE

Copyright Photo: Akira Uekawa/AirlinersGallery.com. A spectacular takeoff view of Airbus A330-343 JA330B (msn 1491) from Haneda Airport from Tokyo Bay.

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Hawaiian reports GAAP 4Q net income of $11.1 million and $68.9 million net profit for 2014

Hawaiian Holdings, Inc. (Honolulu), parent company of Hawaiian Airlines, Inc. (Honolulu), today reported its financial results for the fourth quarter and full year 2014.

GAAP net income in the fourth quarter of $11.1 million or $0.17 per diluted share. For the full year, GAAP net income of $68.9 million or $1.10 per diluted share.

Adjusted net income in the fourth quarter of $26.1 million or $0.40 per diluted share, an increase of $14.1 million or $0.18 cents per diluted share year-over-year. For the full year, adjusted net income grew to $97.1 million or $1.55 per diluted share compared to $46.6 million or $0.88 per diluted share in the prior year.

Operating revenue increased to $575 million for the fourth quarter and $2.3 billion for the full year. This resulted in an operating revenue per available seat mile (RASM) increase of 6.1%, year-over-year for the fourth quarter, and for the full year an increase of 5.6% year-over-year.

“2014 finished on a high note with the company posting much better results than a year ago,” said Mark Dunkerley, Hawaiian Airlines president and chief executive officer. “We served more customers than ever before, grew revenues, improved profitability and strengthened our balance sheet. I have our employees to thank for Hawaiian’s performance on the ground, in the air and in our financial statements. Their hard work helps overcome the advantage that our competitors generate through their massive size alone. 2015 will be another year of improvement as long as demand, fuel and industry capacity in our marketplaces remain as forecast.”

Liquidity and Capital Resources

As of December 31, 2014 the Company had:

Unrestricted cash, cash equivalents and short-term investments of $524 million.

Outstanding debt and capital lease obligations of approximately $1,050 million consisting of the following:
$714 million outstanding under secured loan agreements to finance a portion of the purchase price for 11 Airbus A330-200 aircraft.

$137 million outstanding under secured loan agreements to finance a portion of the purchase price for 15 Boeing 717-200 aircraft.

$102 million in capital lease obligations to finance the acquisition of an Airbus A330-200, two Boeing 717-200 aircraft and aircraft-related equipment.

$30 million outstanding under floating rate notes to finance the acquisition of two Boeing 767-300 ER aircraft.

$67 million of outstanding Convertible Senior Notes.

Fleet and financing

Retired $54 million of A330 bank debt.

Repurchased $15 million (principal amount) or 18% of convertible notes outstanding.

Executed a purchase agreement with Airbus for six A330-800neo aircraft with deliveries starting in 2019, replacing the previous order for six A350XWB-800 aircraft.

Entered into a new revolving credit facility that has availability of up to $175 million.

Added five new A330-200 aircraft and returned or retired two Boeing 767-300 aircraft.

Copyright Photo: Fred Freketic/AirlinersGallery.com. Airbus A330-243 N382HA (msn 1171) prepare to depart from New York (JFK).

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Skymark Airlines to ground its Airbus A330s, will cut 15% of its flights as it reorganizes

Skymark Airlines (Tokyo-Haneda) announced today (January 29) it was filing for bankruptcy protection with the district court in Tokyo. The reorganizing airline announced it would eliminate 15 percent of its flights and ground its Airbus A330-300s on January 31 according to ZipanguFlyer.

Read the full story: CLICK HERE

Copyright Photo: Rob Finlayson/AirlinersGallery.com. The Airbus A330-300s only entered revenue service on June 14, 2014. Airbus A330-343 JA330E (msn 1554) lands in Fukuoka.

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