Tag Archives: Airbus A380-800

QANTAS Group reports a profit of A$206 million for the first six months

QANTAS Group (QANTAS Airways and Jetstar Airways) (Sydney) reported an underlying profit before tax of A$367 million ($286.6 million) and a statutory profit after tax of A$206 million ($160.8 million) for the fiscal six months ending on December 31, 2014.

CEO Alan Joyce commented on the results:

I am pleased to report the results so far of the fundamental business transformation that is underway at Qantas.

Qantas reported an underlying profit before tax of $367 million for the six months to December 2014, and a statutory profit after tax of $206 million.

This is a $619 million improvement over the same period last year at the underlying level.

The decisive factor in this result – our best half-year performance for four years – is our transformation program, which delivered $374 million in benefits in the first half.

Without the impact of transformation, Qantas would not be profitable today.

The other positive drivers in the results were:

$208 million from reduced depreciation;

$162 million from increased revenue per available seat kilometre;

$59 million from the removal of the carbon tax; and

$33 million from lower fuel prices.

This result confirms that we are executing the right plan with discipline and speed.

We are meeting, or exceeding, all our targets as we build a strong, sustainable future for Qantas and grow long-term shareholder value.

Since we announced our transformation program in December 2013 we have:

Lowered our cost base;

Grown free cash flow and revenue;

Improved fleet, product and service;

Strengthened customer satisfaction;

Reduced debt and strengthened the balance sheet;

Improved our return on invested capital;

Achieved our youngest fleet age in more than 20 years; and

Simplified the fleet from eleven to nine aircraft types, on the way down to seven.

What sets this program apart is that we are reducing costs permanently, while at the same time delivering Qantas’ best ever fleet, product and service.

We now have a strong foundation for sustainable growth.

I want to express my deep appreciation to the people of Qantas who have worked so hard to make this transformation succeed.

We have come together to protect this great Australian company and give it a sustainable future.

I also want to thank our customers.

We are delighted to repay their loyalty with even better Qantas experiences today, and more rewards to come in the future.

All parts of our business have contributed to this good result.

Qantas International was profitable for the first time since the GFC with underlying earnings of $59 million, a turnaround of $321 million over the same period last year.

Over the period it cut unit costs by almost 4 per cent while revenue increased by nearly 5 per cent.

The partnership with Emirates is now more than two years old and it continues to deliver.

We’ve seen exceptional customer satisfaction with our Dubai hub and increased range of destinations, which in turn has given us a significant competitive advantage.

With smarter fleet utilisation, Qantas has been able to offer new or additional capacity, including seasonal flights to Vancouver and additional services to LA, Santiago and Japan.

Our new A330 product and lounges in Singapore, Hong Kong, and Los Angeles have been met with acclaim.

In 2011 we set ourselves the task of getting Qantas International back into profit.

We expect to achieve that goal this year, on target.

Our domestic airline businesses performed well over the half – with total domestic profitability of just under $300 million.

The Qantas Group strengthened its position substantially in the domestic market.

Qantas Domestic reported an improvement of $170 million compared with the same period last year, with underlying earnings of $227 million.

With its unrivalled network, frequencies, lounges, and Loyalty program, Qantas Domestic retained an overwhelming 80 per cent revenue share of the Australian corporate market.

Looking at large corporate accounts, we recorded 113 renewals, 42 new accounts – with 16 of those won back from the competition – and just four lost.

Customer satisfaction with Qantas Domestic was at record levels in the December quarter.

The Jetstar Group continues to build scale and brand presence, flying to 66 destinations across 16 countries in the Asia-Pacific.

It reported underlying earnings of $81 million, an improvement of $97 million on the same period last year.

Domestically, Jetstar achieved earnings of $63 million, driven by improved yields and loads and a continued focus on managing costs and capacity

Strong Jetstar International earnings of $51 million reflected the benefits of a network restructure and the roll-out of the Boeing 787 Dreamliner.

Qantas’ investments in the Jetstar-branded airlines in Asia will generate long-term returns in the world’s most important emerging markets.

These airlines improved their performance in the first half, relative to the prior period, with a $13 million reduction in Qantas’ share of losses.

Jetstar Asia in Singapore was profitable in the December quarter.

Both Qantas and Jetstar have won a string of awards and recognition for product, service and safety.

Qantas Loyalty continued its outstanding performance.

With 10 per cent earnings growth, Loyalty achieved underlying earnings of $160 million.

It attracted more than 400,000 new members in the half, to reach a new high of 10.5 million.

Continued innovation and investment in programs like the online mall, Aquire, and Qantas Cash card, have helped grow, diversify and maximise the customer base. They have brought in a younger demographic, with 60 per cent of new members aged 36 or younger.

Qantas Freight delivered underlying earnings of $54 million, a strong improvement which was driven by significant recovery in the international freight market – outweighing a challenging domestic market.

Overall, this result demonstrates the continuing strength in our portfolio of integrated Qantas Group businesses.

The Group’s financial position improved significantly with more than a billion dollars in cash generated from operations for the half, up nearly 45% on the prior year.

The outlook for the Group’s operating environment in the second half of this financial year has improved after a turbulent period.

Demand is mixed in the domestic market and steady in the international market.

Importantly, market capacity – both domestic and international – is moderating and aligning more closely to demand.

Yield and load factors have stabilised and are in the early stages of recovery.

Lower fuel and Australian dollar values have, overall, improved our competitive position.

While fuel prices produced a modest benefit in the first half, we expect fuel costs for the full year to be no more than $4 billion at current prices – which will be a significant boost to the bottom line in the second half.

And we expect all operating segments to be profitable in the full year.

The results are good and we take pride in our progress so far.

Transformation has been central to our recovery and we will drive it forward with all our energy.

It is about making ourselves strong and resilient through the ups and downs of economic cycles.

Over the next two years we will further strengthen the Qantas position.

We will be a company able to withstand tough times, capitalise on the good times, and deliver sustainable and attractive long term returns to our shareholders.

We will be a stronger integrated Group portfolio where each business complements the others, generating sustainable returns through the cycle.

We will always be the airline that represents the best of the Australian way of life.

And today we can see a bright future for this great Australian company.

Thank you.

Read the full report: CLICK HERE

Copyright Photo: Airbus A380-842 VH-OQJ (msn 062) taxies to the gate at London’s Heathrow Airport.

QANTAS Airways aircraft slide show: AG Airline Slide Show

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Air France Airbus A380 passengers stranded in Manchester for nearly 7 hours

Air France (Paris) on Saturday (February 21) diverted its flight AF 007 from New York (JFK) to Paris (CDG) to Manchester. The prestigious flight was operated with an Airbus A380. The 460 people aboard the Air France flight were diverted to Manchester at 11.30 am (1130), but were not allowed off the Super Jumbo until around 6 pm (1800) on the same day.

It all started in New York, where passengers’ tempers were already being tried after flight AF 007 had been delayed from taking off by around four hours at New York while the aircraft had to be de-iced.

But once the aircraft entered UK airspace, the few hundred people were begging to get off.

The 4 hour delay meant that the flight crew would have exceeded their allowance of flying hours, so the captain decided to take a sommeil (pardon my French) in my beloved Manchester. At the time, Manchester was experiencing torrential rain, I might add.

The aircraft touched down at 11:30 am (UK time) and that is where it happened. Six and a half hours on the grounded plane with reported no food or water.

Air France had originally told passengers it would send a new crew to fly the plane onto its destination. However, while pre-flight checks were being carried out a technical fault was then discovered in the cabin. The airline then said it would fly three extra planes (two Airbus A318s and an A320) over to collect the passengers, but these relief aircraft took hours to arrive. After being eventually let off the double decker A380, passengers were taken to a waiting room near departures, where they say around 50 burgers were provided.

You can already imagine the tweets and statuses by the passengers. With the common denominators being “awful experience” and “worst flight of my life”.

The story that really shocks me is of a woman who’s destination was actually Manchester, but almost wasn’t allowed to end her journey prematurely.

She had been due to get a connecting flight back to Manchester from Paris – but refused to get on the later service and went home without her luggage.

The woman, who lives in south Manchester, told the Manchester Evening News: “They wouldn’t let us off the plane – I kept saying ‘I only live down the road, please can you let me off?

“But there were other people on there flying to all over Europe from Paris. There was no food whatsoever. There were kids who hadn’t eaten since leaving New York the previous day who had had no food.

“There was a lot of frustration on the flight, people were getting quite annoyed. Eventually, about 6 pm they let us off into a secluded area near departures and 50 Burger King burgers were sent down.”

“About 13 of us who live in the UK refused to get on the later flight to Paris so eventually they let us go, but our bags had to go on the original plane and I am still waiting to get my luggage back.”

Manchester Airport did not comment.

Air France said in a statement it “understands well the exasperation of its customers in this situation”.

Read more from The Telegraph: CLICK HERE

Assistant Editor Oliver Wilcock reports from Manchester.

Copyright Photo: Michael B. Ing/AirlinersGallery.com. Formerly with the special 80 Ans/Years logo, Airbus A380-861 F-HPJI (msn 115) no longer wears the special logo.

Air France aircraft slide show: AG Airline Slide Show

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Asiana Airlines to bring the Airbus A380 to New York JFK

Asiana Airlines (Seoul) will assign the Airbus A380 to the Seoul (Incheon) – New York (JFK) route starting on June 13 per Airline Route. As of July 14, the route will be exclusively operated with Airbus A380s.

Copyright Photo: Michael B. Ing/AirlinersGallery.com. Airbus A380-841 HL7625 (msn 152) arrives in Los Angeles.

Asiana Airlines aircraft slide show:

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Emirates unveils an ICC Cricket World Cup 2015 Airbus A380 logo jet

Emirates A380-800 A6-EDZ (99-ICC Cricket World Cup 2015)(Tko)(Emirates)(LR)

Emirates (Dubai) has issued this statement, photos and video for its sponsorship of the ICC Cricket World Cup 2015. The pictured Airbus A380-861 A6-EDZ (msn 107) now carries special markings. The airline issued this statement:

With just two weeks to go until the start of the ICC Cricket World Cup 2015, Emirates airline, a global connector of people, places and passions, has unveiled the first of its aircraft that will feature the ICC Cricket World Cup 2015 Logo.

ICC Cricket World Cup 2015 logo
The Emirates Airbus A380 recently set off to Australia and New Zealand, and is the first of a number of “specially-dressed” Emirates aircraft that will fly around the globe, celebrating this major event with cricket-lovers and uniting fans around the world.

Emirates A380-800 A6-EDZ (99-ICC Cricket World Cup 2015)(Flt)(Emirates)(LR)

Emirates has been the official partner of the International Cricket Council since 2007 and all its major tournaments including the ICC Cricket World Cup 2015.

In partnership with the ICC, Emirates also sponsors the Emirates Elite Panel of ICC Umpires and Match Referees.
Cricket has provided Emirates with a powerful platform to connect with fans and communities across Asia, Australasia, South Africa and the UK. In addition to its partnership with the ICC, Emirates’ cricket sponsorships include:

Title Sponsor of the Emirates Airline Twenty20, which brings successful County Cricket Clubs to Dubai to compete for the coveted Emirates T20 Championship.

In the UK, Emirates has partnerships with Durham County Cricket Club and Lancashire County Cricket Club, including naming rights to both clubs’ playing grounds and their respective T20 representative teams.

Emirates has unveiled “specially-dressed” aircraft on special occasions and during major events, such as during the 2020 World Expo bid, which Dubai won in 2013.

Photo Below: A380 Photo Credit Club Med. The Airbus A380 cabins are beyond luxury, with living rooms, double bedrooms and private suites. Each onboard apartment, which has a 64 inch high sliding door, includes a reclining armchair and a full-length ottoman, both upholstered by Poltrona Frau. The ottoman transforms into a separate 80 inch long fully flatbed.

Airbus A380 Ad

Video: With just two weeks to go until the start of the ICC Cricket World Cup 2015 in Australia and New Zealand, Emirates reveals the first of its A380s that will feature the ICC Cricket World Cup 2015 Logo.

Emirates aircraft slide show:

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Emirates announces two new Airbus A380 destinations

Emirates (Dubai) announced today the launch of Airbus A380 services to two European destinations: Dusseldorf and Madrid.

The addition of Dusseldorf and Madrid to the list brings the total number of European gateways served by Emirates’ A380 to 13. Emirates currently has 57 A380s in its fleet, flying to 34 destinations globally and wowing customers everywhere it flies with its industry-leading onboard features.

As of July 1, flight EK 055 will be operated by an Airbus A380, leaving Dubai at 0830 and landing in Dusseldorf at 1325 the same day, while flight EK 056 will depart Dusseldorf at 1525 and arrive at Dubai International Airport at 2355 the same day.

As of August 1, flight EK 142 will be operated by an Airbus A380, leaving Madrid at 1530 and landing in Dubai at 0045 the following day. The return flight EK 141 departs Dubai at 0740 and arrives in Madrid at 1340 the same day.

The Emirates A380 offers a total of 519 seats in a three-class configuration, with 429 spacious seats in Economy Class on the main deck, 76 fully flat-bed mini-pods in Business Class and 14 First Class Private Suites on the upper deck.

Copyright Photo: SPA/AirlinersGallery.com. Airbus A380-861 A6-EDL (msn 028) departs from London’s Heathrow Airport.

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Emirates to add a second daily Airbus A380 flight to Manchester

Emirates (Dubai) has announced that as of February 1, 2015, its EK019/020 service between Dubai International Airport and Manchester Airport, currently operated by a Boeing 777, will be replaced with an Airbus A380. The introduction of the second daily A380 means that half of Emirates’ 16 daily flights to the UK will be operated by an A380 from February.

The second daily A380 will increase Emirates’ capacity from Manchester by 13 per cent, with over 20 per cent of this increase in the premium cabins.

Emirates flight EK019 will depart Dubai International Airport at 1435 and arrive in Manchester at 1835. The outbound flight, EK020, will depart Manchester Airport at 2025 and arrive in Dubai at 0740 the next day.

Copyright Photo: Mark Durbin/AirlinersGallery.com. A dramatic up-close photo of Airbus A380-861 A6-EEM (msn 134) lifts off the runway at San Francisco International Airport (SFO).

Video: Review of Emirates A380 business class:

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Etihad Airways puts its first Airbus A380 into revenue service between Abu Dhabi and London Heathrow

Etihad Airways (Abu Dhabi) this morning (December 27) inaugurated Airbus A380 service between Abu Dhabi and London (Heathrow) (LHR) and return. The first flight departed Abu Dhabi at 0235 and arrived at LHR at 0635. The return flight has now departed LHR (above) for the first time.

Copyright Photo: Antony J. Best/AirlinersGallery.com. Airbus A380-861 A6-APA (msn 106) departs today from LHR on its first revenue flight back to Abu Dhabi. The Super Jumbo features “The Residence by Etihad” luxury suites as previously reported.

Etihad Airways aircraft slide show: