About these ads

Tag Archives: Antony J. Best

Ryanair reports third quarter profits of $24.1 million

Ryanair (Dublin) announced third quarter profits of $24.1 million (€18 million), up $4 million (€3 million) on last year despite an $109 million (€81 million) increase in fuel costs. Revenues rose 15% to $1.3 billion (€969 million) as traffic grew 3% to 17.3 million passengers. Unit costs rose 11% mainly due to a 24% (€81 million) increase in fuel. Excluding fuel third quarter unit costs rose by 4%, while average fares improved by 8%.

Summary Q3 Results (IFRS) in Euro.
Q3 Results (IFRS) €
Dec 31, 2011
Dec 31, 2012
% Change
Passengers
16.7m
17.3m
  +3%
Revenue
€844m
€969m
  +15%
Profit after Tax
€14.9m
€18.1m
  +21%
Basic EPS(euro cent)
1.02
1.25
  +23%
Ryanair’s CEO Michael O’Leary said:
“Our Q3 profit of €18m was ahead of expectations due to strong pre-Christmas bookings at higher yields. The 8% rise in avg. fares reflects our improved customer service, record punctuality and the successful roll out of our reserved seating service. Our fuel costs rose €81m, (+24%), slightly less than expected as oil prices increased 22% (from $84pbl) to $102pbl. Excluding fuel, Q3 unit costs rose 4% due to excessive increases in Italian ATC costs, Spanish airport charges, and the strength of Sterling to the Euro. Ancillary revenue performed strongly and rose 24% to approx. €13 per pax.
New Routes and Bases.
Our new routes and bases are performing well in their first winter, although some smaller bases such as Budapest and Warsaw are doing so at very low prices. Our 51st base Maastricht opened in December, and we will open 6 new bases (total 57) from April in Eindhoven, Krakow, Zadar (Croatia), Chania (Greece), Marrakesh and Fez (Morocco). Significant capacity cuts by Legacy and other struggling EU carriers continue to offer us substantial growth opportunities across Europe.  We expect further capacity cuts and restructurings in Europe as high fare, loss making carriers struggle to compete with Ryanair’s expansion at low prices. During Q.3 Iberia, AFKLM, Air Berlin, and Lufthansa all announced major restructurings. Both LOT and SAS are seeking further state support while the Swiss charter airline “Hello” has closed. These trends will create more growth opportunities for Ryanair to grow profitably to 120m passengers over the next decade.
Customer Service.
Our industry leading customer service continues to improve as demonstrated by the following YTD milestones:-
·  93% of all Ryanair flights arrived on time (a new record).
·  Lost bags have fallen to less than 1 per 3,000 pax.
·  We cancel less than 4 flights in every 1,000.
No other EU airline can match Ryanair’s fares or this level of passenger service. The addition of reserved seating to our priority boarding service in 2012 has been very well received and a recent survey of Ryanair’s traffic in Spain (where Ryanair is the largest carrier) highlighted that 22% of our passengers were travelling on business. A survey of 10,000 passengers in December also yielded the following results:-
 ·  87% were satisfied or very satisfied with their Ryanair flight.
·  93% said they would fly Ryanair again.
·  95% said Ryanair provide excellent value for money.
Ryanair Strengths.
Ryanair’s ex fuel passenger cost of €27 (ytd) is lower than any carrier in Europe. Our average fare of €50 is (by some distance) lower than any other EU carrier. Our tight cost management, at a time when competitor costs are rising faster, will enable Ryanair to expand our price and cost leadership over all other EU airlines for the foreseeable future. The combination of Ryanair’s industry leading costs and customer service, strong cash flows and balance sheet, gives Ryanair a unique platform to deliver its next decade of growth as we target a 20% share of the EU short-haul market by growing to over 120m pax p.a.
Stansted Airport Sale
The sale of Stansted should be completed by the end of Spring. We welcome its purchase by MAG and look forward to working with them (as we do currently in Manchester, East Midlands, and Bournemouth) to grow Stansted’s low fare traffic back over 23m, where it was in 2007 before the BAA monopoly doubled Stansted’s fees. We also welcome the CAA’s announcement that is “minded to” rule that Stansted has market power, and will need effective regulation to protect Stansted users from exploitation by the airport monopoly particularly when “there is evidence to suggest that Stansted is pricing above the competitive level”.
Aer Lingus Update.
Under Irish Takeover Panel rules we are unable in these results to update on our offer to acquire Aer LingusAccordingly we are issuing a separate announcement on this matter today.
Ryanair’s CEO Michael O’Leary said:

“Ryanair has submitted a radical and unprecedented remedies package to the EU in support of its offer for Aer Lingus. We believe these remedies address every current Ryanair\Aer Lingus crossover route and all other competition issues raised by the Commission in its Statement of Objections. The remedies involve two upfront buyers each basing aircraft in Ireland to takeover and operate a substantial part of Aer Lingus’ existing route network and short-haul business. This will be the first EU airline merger which will deliver structural divestitures and multiple upfront buyers. We look forward to completing our offer for Aer Lingus subject to receiving approval from the EU competition authorities in early March”.
Hedging & Balance Sheet.
We have recently extended our fuel hedges to 75% of FY 14 at $97pbl and hedges on our fuel exposures at $1.32. At current rates our FY14 fuel cost per passenger will rise by approx. 5%, compared to a 14% increase in FY13.
A 2nd special dividend of €492m (€0.34 per share) was paid to shareholders in Q3, bringing to €1.53bn the funds returned by Ryanair to shareholders over the last five years. Ryanair’s balance sheet remains one of the strongest in the industry, with closing Q3 gross cash of €3.15bn. We expect the year end net cash to be positive despite directly owning over 70% of our fleet of 305 young Boeing 737-800s.
Outlook.
Our Q3 yields were boosted by stronger pre-Christmas bookings, while lower than expected operating costs delivered slightly better profits than forecast. However Q4 traffic (as previously guided) will drop by approx.400,000 passengers (-3%)below last year’s Q4, due to our grounding up to 80 aircraft which limits the impact of high oil prices, high airport fees at Stansted and Dublin, and seasonally weaker Q4 demand. On the basis of this improved Q3 result, our capacity cuts and limited visibility over Easter bookings and yields, (although we have seen some yield softness in January), we now expect our full year profits to exceed our previous guidance (of €490m to €520m) and rise close to €540m, a 7% increase on last year’s profits despite a 19% increase in our oil costs.
Copyright Photo: Antony J. Best. Boeing 737-8AS EI-CSA (msn 29916) arrivs at the London (Stansted) hub with promotional Scotland stickers.
Ryanair: AG Slide Show
About these ads

Delta Air Lines launches Detroit-Sao Paulo flights

Delta Air Lines (Atlanta) yesterday (October 21) connected its Detroit hub and South America for the first time, with new nonstop service to Sao Paulo, Brazil.

The inaugural flight departed from Detroit Metropolitan Wayne County Airport at 7:30 p.m., arriving in Sao Paulo Guarulhos International Airport at 8 a.m. today.

Service will operate twice weekly through December 15, when it will increase to five days each week to coincide with the start of the Brazilian tourist season.

In recent months Delta has added new service from Detroit to Seoul-Incheon and Hong Kong and expanded flights to Shanghai. Next year, Delta will begin nonstop service between Detroit and Haneda Airport in Tokyo, which will open for trans-Pacific flights for the first time in three decades.

On a year-round basis, Delta offers Detroit customers service to 158 nonstop destinations, including 28 international destinations and five in Asia.

The Sao Paulo flights will be operated with 216-seat Boeing 767-300 ER aircraft, with 35 BusinessElite seats and 181 seats in Economy Class.

Copyright Photo: Antony J. Best. Please click on the photo for additional details.

Royal Brunei Airlines to fly to Melbourne, Australia

Royal Brunei Airlines (Bandar Seri Begawan) will add the Melbourne, Australia route on March 29, 2010. The new route will be operated with Boeing 777-200s.

Copyright Photo: Antony J. Best.

Viking Airlines ceases operations

Viking Airlines (Stockholm-Arlanda) ceased all operations on October 15.

Please click on photo for further details.

Copyright Photo: Antony J. Best.

Ryanair to close its Marseille base in January due to French taxes

Ryanair (Dublin) will close its Marseille base in January due to French taxes and social insurance requirements. Ryanair considers its employees to be Irish employees while French authorities consider the employees to be under French law. 13 routes will be dropped.

Read the full report from Reuters:

CLICK HERE

Copyright Photo: Antony J. Best. Boeing 737-8AS EI-DHJ (msn 33819) lands at Bournemouth.

American Airlines files for Los Angeles-Shanghai authority

American Airlines (Dallas/Fort Worth) has filed an application with the United States Department of Transportation (DOT) seeking authority to launch nonstop service from Los Angeles International Airport to Pudong International Airport in Shanghai, China, beginning on April 5, 2011.

If successful, American will operate the daily nonstop service using 247-seat Boeing 777-200 ER aircraft, which feature 16 First Class, 37 Business Class and 194 Economy class seats.

Copyright Photo: Antony J. Best. Boeing 777-223 ER N794AN (msn 30256) climbs gracefully from Heathrow Airport near London.

Ryanair is forced to cancel over 300 flights in Spain yesterday

Ryanair (Dublin) cancelled over 300 flights to and from and also in Spain yesterday.

Read the announcement from Ryanair:

CLICK HERE

Copyright Photo: Antony J. Best. Boeing 737-8AS EI-CSA (msn 29916) is pictured arriving at the Stansted Airport hub.

World Airways extends MD-11 freighter contract with Etihad Crystal Cargo

World Airways (Atlanta) has extended a contract with Etihad Crystal Cargo (Abu Dhabi) to provide two MD-11 cargo aircraft into 2011, operating on scheduled routes to Europe, Asia and Africa.

Etihad introduced all-cargo services in February 2005. It currently operates a fleet of regional freighter aircraft including two Airbus A300-600RF aircraft and its first A330F.

Copyright Photo: Antony J. Best. Previously operated by Delta, World painted this McDonnell Douglas MD-11 N803DE (msn 48474) in the classic 1960 livery. The airframe is now with UPS.

Air Zimbabwe fires its striking pilots

Air Zimbabwe (Harare) has fired all of its striking pilots. The company is now leasing aircraft and crews from other airlines to operate some regional and international flights.

Read the full report from the Associated Press:

CLICK HERE

Copyright Photo: Antony J. Best. Boeing 767-2N0 ER Z-WPE (msn 24713) waits its turn for takeoff from Gatwick Airport bound for Harare.

Aer Lingus drops the low-cost Ryanair model

Aer Lingus (Dublin) has dropped the unrealistic low-cost model used by its rival Ryanair (Dublin).

Read the full report from Reuters:

CLICK HERE

Copyright Photo: Antony J. Best. Airbus A320-214 EI-DEP (msn 2542) arrives from Dublin at Heathrow Airport outside of London.

Malaysia Airlines lost $170 million in the second quarter

Malaysia Airlines (Kuala Lumpur) lost $170 million in the second quarter.

Copyright Photo: Antony J. Best. Boeing 747-4H6 9M-MPC (msn 25700) taxies past the camera at London (Heathrow).

SAS to lease the eight Blue1 MD-90s to an unidentified U.S. airline

Scandinavian Airlines-SAS (Stockholm) is planning to lease its eight McDonnell Douglas MD-90-30s to an unidentified U.S. carrier (Delta?). The aircraft are currently being operated by subsidiary Blue1 (Helsinki) but are being replaced by newer Boeing 717-200s.

Read the report from Reuters:

CLICK HERE

Copyright Photo: Antony J. Best. Blue1’s McDonnell Douglas MD-90-30 OH-BLC (msn 53459) at London (Heathrow).

Air Canada reports 2Q operating income of C$75 million but a net loss overall

Air Canada (Montreal) reported operating income of $75 million in the second quarter of 2010 compared to an operating loss of $113 million in the second quarter of 2009, an improvement of $188 million. Earnings before interest, taxes, depreciation, amortization and aircraft rent (EBITDAR) of $333 million increased $198 million from the second quarter of 2009 (an increase of 147 per cent). These results were in line with the preliminary range of operating income of $60 million to $80 million, and EBITDAR of $320 million to $340 million, announced in Air Canada’s news release dated July 20, 2010.

Air Canada estimates that disruptions to its transatlantic flying schedule following the closure of European airspace in mid-April due to volcanic ash had a negative impact of approximately $20 million on its operating income in the second quarter.

Air Canada reported a net loss of C$203 million in the second quarter of 2010 which included a charge of C$54 million in interest expense relating to its secured term credit facility, and foreign exchange losses of C$156 million. This compared to net income of $155 million in the second quarter of 2009 which included gains on foreign exchange of C$355 million.

Copyright Photo: Antony J. Best. Now gone, Boeing 777-333 ER C-FIVS (msn 35784) arrives at London (Heathrow) in the Vancouver 2010 motif.

Aer Lingus vows to fly through any strike action on August 16

Aer Lingus (Dublin) has vowed to fly through its cabin crew invoking a “work-to-rule” disruptive action later this month if the union’s members agree.

Read the full report in the Irish Independent:

CLICK HERE

Copyright Photo: Antony J. Best. Airbus A320-214 EI-DEP (msn 2542) steps down to land at London (Heathrow).

British Airways reports a fiscal 2Q operating loss of $112.9 million

British Airways (London) weary from cabin crews strikes report an operating loss of $112.9 million in fiscal first quarter ending on June 30.

Read the press release:

CLICK HERE

Copyright Photo: Antony J. Best. Boeing 747-436 G-BNLX (msn 25435) banks away from Heathrow Airport.

Air France and KLM swing to a fiscal 1Q net profit of $958 million

Air France (Paris) and KLM Royal Dutch Airlines (Amsterdam) reported a better than expected fiscal first quarter (ending on June 30) net profit of $958 million.

Click below for a full report by the WSJ:

CLICK HERE

Copyright photo: Antony J. Best. KLM’s Boeing 737-8K2 PH-BXA (msn 29131) dressed in the 1959 retrojet livery arrives at London (Heathrow).

Ryanair’s quarterly profits slips to $121 million

Ryanair (Dublin) saw its fiscal first quarter net profit slip to $121 million due mainly to airspace closures due to volcanic ash.

Read the full report in Bloomberg Businessweek:

CLICK HERE

Copyright Photo: Boeing 737-8AS EI-CSA (msn 29916) approaches the Stansted Airport hub and use to promote Scotland. It has since gone on to VARIG (2nd) as PR-VBA.

Kartika Airlines to acquire 30 Sukhoi Superjet 100s

Kartika Airlines (Jakarta) will now acquire 30 of the new Sukhoi Superjet 100s according to Sukhoi. Deliveries will start next year. Sukhoi intends to deliver the first copy to launch customer Aeroflot by the end of this year.

Read the full report:

CLICK HERE

Copyright Photo: Antony J. Best. Sukhoi’s Superjet 100-95 97005 (msn 95005) is on display at the Farnborough International Air Show 2010.

Ryanair to cut Dublin winter capacity by 15%

Ryanair (Dublin) will cut its winter capacity at Dubin by 15% and reduced the number of based aircraft from 14 to 12.

Read the full WSJ report:

CLICK HERE

Copyright Photo: Antony J. Best. Now gone to VARIG, Boeing 737-8AS EI-CSC (msn 29918) in the unique Cable & Wireless logojet scheme, prepares to land at London (Stansted).

American Airlines is awarded the New York (JFK)-Tokyo (Haneda) route

American Airlines (Dallas/Fort Worth) will start the New York (JFK)-Tokyo (Haneda) route on January 20, 2011 with 247-seat Boeing 777-200 ERs.

Read the full press release:

CLICK HERE

Copyright Photo: Antony J. Best. Boeing 777-223 ER N794AN (msn 30256) climbs majestically at London (Heathrow).

Aeroflot to acquire 11 new Airbus A330-300s

Aeroflot Russian Airlines (Moscow) is moving ahead to order 11 Airbus A330-300s after receiving board approval. The aircraft will be delivered in the 2011 to 2013 period.

Report in German:

CLICK HERE

Copyright Photo: Antony J. Best. Leased Airbus A330-343 VQ-BCV (msn 1072) prepares to land at Heathrow Airport near London.

Air Midwest (Nigeria) receives AOC, will start operations this month

Air Midwest (Lagos) received its AOC on June 21. The new airline is planning to commence scheduled operations this month in Nigeria.

For more details, please read this report by the Daily Independent:

CLICK HERE

Copyright Photo: Antony J. Best. Boeing 737-5H6 G-GFFH (msn 27354) at Lasham after painting became 5N-PVA on delivery.

Ryanair to cut UK winter operations by 16%

Ryanair (Dublin) plans to cut United Kingdon winter capacity because of the British government’s departure tax and high airport charges, resulting in a loss of 200 Ryanair jobs at Stansted airport according to this report in the WSJ.

Read the full report:

CLICK HERE

Copyright Photo: Antony J. Best. Boeing 737-8AS EI-DHJ (msn 33819) prepares to land at Bournemouth.

Sun Country Airlines to begin Lansing service

Sun Country Airlines (Minneapolis/St. Paul) announced today (June 30) plans for new nonstop domestic and international service from Lansing’s Capital Region International Airport. Beginning December 22, 2010, the company will inaugurate domestic service to Las Vegas, Ft. Myers and Orlando as well as international service to Cancun, Mexico and Montego Bay, Jamaica.

Copyright Photo: Antony J. Best. Ex-easyJet Boeing 737-73V G-EZJJ (msn 30245) became N711SY on delivery.

Air Zimbabwe’s pilots threaten to strike

Air Zimbabwe (Harare) may be facing a strike. Its pilots are threatening a strike if their working conditions and salaries are not improved.

Read the full report:

CLICK HERE

Copyright Photo: Antony J. Best. Boeing 767-2N0 ER Z-WPE (msn 24713) holds short of the runway at London (Gatwick).

Arik Air takes delivery of its first Airbus A330-200

Copyright Photo: Antony J. Best. Airbus A330-223 5N-EIA (msn 1002) makes its first visit to London (Heathrow).

Arik Air (Arik Wings of Nigeria) (Lago) on June 10 took delivery of its first Airbus A330-200.

Ryanair reverts to a profit, declares its first dividend

Ryanair (Dublin) will pay its first dividend after reporting a yearly profit because of declining fuel costs. The company reported net income of $370 million for its fiscal year through March 31.

Press release:

CLICK HERE

Copyright Photo: Antony J. Best. Boeing 737-8AS EI-DAO (msn 33550) “Pride of Scotland” prepares to taxi from the gate at Stansted Airport.

Air New Zealand will increase capacity on some international routes due to increased demand

Air New Zealand (Auckland) is carefully adding back capacity in November on some international routes according to this Reuters report:

CLICK HERE

Copyright Photo: Antony J. Best. Boeing 777-219 ER ZK-OKA (msn 29404) approaches Heathrow Airport near London.

Malaysia Airlines posts a first quarter net profit

Malaysia Airlines (Kuala Lumpur) posted a first quarter net profit of $97 million.

Business Week news link:

CLICK HERE

Copyright Photo: Antony J. Best. Malaysia’s Boeing 747-4H6 9M-MPC (msn 25700) taxies to the runway at London (Heathrow).

ATW raises a question: Did Afriqiyah mistake the road for the runway?

Copyright Photo: Antony J. Best. The doomed Airbus A330-202 5A-ONG (msn 1024) is seen at Dubai before the crash in similar desert conditions it would have encountered at Tripoli.

ATW has raised this question:

http://atwonline.com/operations-maintenance/news/afriqiyah-airways-pilots-may-have-mistaken-road-runway-0514

Continental Airlines and United Airlines are expected to announce a merger on Monday

Continental Airlines (Houston) and United Airlines (UAL Corporation) (Chicago) are expected to announce that they are merging to form the world’s largest airline on Monday, the Wall Street Journal reported on Thursday, citing unnamed sources via this report in Reuters.

Continental’s board is expected to meet today and Sunday, and United’s board would also meet today, the newspaper said on its website.

United declined to comment and Continental did not immediately respond to a request for comment.

Meanwhile, a source close to the situation told Reuters that concern over the share-price ratio to be used in a potential stock swap was “no longer an issue” and added that an announcement of the deal would likely be made early next week.

If announced and approved, the Continental Airlines brand would be retired. The new merged airline would be known as United Airlines.

What will American Airlines now do? US Airways are you now talking to AA?

Read the full report:

http://finance.yahoo.com/news/United-Continental-to-rb-3993462933.html?x=0&.v=1

Copyright Photo: Antony J. Best. The Continental “golden globe” color scheme, introduced in 1991, has always been one of the more popular airline brands. Continental has also been rated high by passengers compared to most U.S. airlines. However its days may be numbered. Boeing 757-224 N17122 (msn 27564) gracefully takes to the skies at Gatwick Airport near London. Both companies operate the Boeing 757.

JAL to exit the cargo business by the end of October

JAL-Japan Airlines (Tokyo) due to reorganization in bankruptcy has decided to exit the cargo business by the end of October 2010.

Business Week news link:

www.businessweek.com/news/2010-03-25/japan-air-to-stop-flying-freighters-by-end-of-october-update1-.html

Copyright Photo: Antony J. Best. Boeing 747-446 (BCF) JA8909 (msn 26353) of JAL Cargo climbs away from London (Heathrow).

Unite gives its BA strike report but is willing for more talks

Copyright Photo: Antony J. Best. The BA strike has brought some unusual traffic to LHR. It is ironic that LCC Jet2's Boeing 737-330 G-CELK (msn 23530) with its "Friendly Low Fares" sub-titles would be flying a BA flight.

British Airways (London) endured a three-day Unite cabin crew strike this past weekend. BA has hired in a lot of aircraft from other carriers with their crews to operate some of the BA flights. The following aircraft are known to have been leased in the past three days:

SE-RHU, G-CELY, G-CGET, G-OJIB, G-CELK, G-STRP, PH-AHY, G-CELB,

G-POWD, PH-HZE, G-LSAG, CS-TFT, G-LSAA, G-ZAPX, CS-TLO, PH-HZD,

PH-HZK, CS-TLX, G-BPEJ, and G-STRW.

Yesterday union leaders called for renewed talks with the company to end the strike according to Reuters.

Read the full report:

www.reuters.com/article/idCNLDE62K09B20100321?rpc=44

Meanwhile while the company tried to remain positive, the union issued this report detailing the devastating affects of the strike:

“With 80 percent of cabin crew standing strong on the first day of the BA stoppage, Unite has issued an update of how the strike is biting so far, which reveals that BA’s much-vaunted contingencies plans are failing :

   - BA has managed to fly only one third of its normal scheduled
      departures;

    - BA's flagship terminal T5 is a ghost town as passengers stay away;

    - The first long haul BA flight out (10am) was to Abu Dhabi and crewed by
      6 pilots and 2 international cabin crew;

    - From 12.20pm until 2.30pm only 10 flights departed from Heathrow,
      normally there would be 50 during the same period; of the 10 which left,
      8 flights were chartered and only 2 were BA flights;

    - By lunchtime today, 85 BA planes were parked at Heathrow - consuming
      the maximum parking space allowed for BA aircraft;

    - 20 more planes had been moved to Cardiff to be parked, and a further 20
      flown to Shannon, in western Ireland, to sit out the strike;

    - By 2pm, only one flight to JFK airport had departed - normally there
      are five;

    - At Gatwick, one third of flights have failed to take off;

    - BA planes are taking off empty, save for cargo, as BA stretches
      efforts to make it seem it is functioning;

    - On average only 14 passengers are travelling on those flights which are
      taking off, far short of capacity;

    - Two strike-breaking chartered flights did not depart because of technical
      problems;

    - By mid-morning around 113 BA passengers had complained about the
      poor quality of food on-board the flights; and

    - There are reports of no food on in-bound flights from Germany and
      Italy."

Ethiopian pilot was unable to follow ATC directions, made a sharp turn and plunged into the sea

Copyright Photo: Antony J. Best. Another picture of the ill-fated ex-Ryanair Boeing 737-8AS ET-ANB (msn 29935) landing at Dubai right before sunset in the desert.

Ethiopian Airlines’ (Addis Ababa) crash yesterday morning in Beirut is becoming a mystery. The pilot in command of the aircraft was unable to follow flight instructions from ATC and made a sharp turn before plunging into the Mediterranean Sea.

Latest news link:

news.yahoo.com/s/ap/20100126/ap_on_re_mi_ea/lebanon_plane_crash

Iceland Express to fly to Winnipeg starting June 2010

Copyright Photo: Antony J. Best. Please click on photo for full view, information and other photos.

Iceland Express-Astraeus Airlines Boeing 737-7L9 WL G-STRN (msn 28007) LGW

Originally uploaded by Airliners Gallery

Iceland Express (Keflavik) will add twice weekly service to Winnipeg starting in June 2010. This will also permit permit new European connecting service for Winnipeg via Iceland.

News link:

ca.news.yahoo.com/s/cbc/091223/canada/canada_manitoba_mb_icelandic_

express_manitoba

Copyright Photo: Antony J. Best.

United Airways starts Dhaka-Kuala Lumpur flights

United Airways (Bangladesh) today (December 21) starts Dhaka-Kuala Lumpur flights with its 155-seat McDonnell Douglas DC-9-83 (MD-83).

Flyglobespan (Globespan Airways) ceases all operations and goes into receivership

Flyglobespan (Flyglobespan.com) (Globespan Airways) (Edinburgh) today (December 16) shut down all operations and was immediately placed into receivership (bankruptcy protection).

News link:

news.bbc.co.uk/2/hi/uk_news/scotland/edinburgh_and_east/8417183.stm

Copyright Photo: Antony J. Best

TACV-Cabo Verde Airlines Boeing 757 is the first to land at Sao Pedro Airport

TACV-Cabo Verde Airlines (Praia) yesterday (December 4) performed a test flight with a Boeing 757-200 at the new Sao Pedro Aiport on Sao Vicente. The new airport is being certified for operations.

News link:

www.cabonet.org/news/7-news/644-tacv-boeing-to-land-at-sao-pedro-airport-for-first-time.html

Copyright Photo: Antony J. Best.

Ryanair will drop Basel/Mulhouse

Ryanair (Dublin) will leave Basel/Mulhouse and drop its six routes over a dispute over airport fees. The Irish carrier was demanding the airport drop its rates.

News link:

www.saffronwaldenreporter.co.uk/content/saffron/news/story.aspx?brand=SAFOnline&category=NewsSaffron&tBrand=

HertsCambsOnline&tCategory=newslatestSAF&itemid=

WEED09%20Nov%202009%2016%3A42%3A58%3A067

Copyright Photo: Antony J. Best.

Please click on photo or link below for full view, information, prints for sale and other photos:

http://airlinersgallery.com/2/25d45b5/#/gallery/ryanair/ryanair-737-800-wl-ei-csc-05-cable-and-wireless-apr-stn-a6-lr-902577/

Aer Lingus may sell 4 A320s, 3 A321s and 4 A330s to raise money

Aer Lingus (Dublin) is considering selling four older aircraft (four A320s, three A321s and four A330s) to raise capital.

News link:

www.irishtimes.com/newspaper/finance/2009/1110/1224258479348.html

Copyright Photo: Antony J. Best.

Please click on photo or link below for full view, information, prints for sale and other photos:

http://airlinersgallery.com/2/1239615/#/gallery/aer-lingus/aer-lingus-a320-200-ei-dep-96-apr-lhr-a6-lr-900615/

Turkish Airlines converts three Airbus A330 options

Turkish Airlines (Istanbul) has exercised three Airbus A330 options into firm orders for deliveries in 2012.

News link:

www.reuters.com/article/marketsNews/idCNLU71251320091030?rpc=44

Copyright Photo: Antony J. Best.

Please click on photo or link below for full view, information and other photos:

http://airlinersgallery.com/2/126486c/#/gallery/turkish-airlines/turkish-a330-200-tc-jna-05-tulip-apr-lhr-a6-lr-900790/

Air China expands domestically and internationally

Air China (Beijing) is expanding the number of flights both domestically and internationally with news services.

News link:

finance.yahoo.com/news/Air-China-Expands-Domestic-prnews-2434803114.html?x=0&.v=1

Copyright Photo: Antony J. Best.

Please click on photo or link below for full view, information and other photos:

http://airlinersgallery.com/2/2532702/#/gallery/newly-added-to-the-gallery/air-china-a330-200-b-6076-08-zichen-hao-apr-lhr-a6-lr-902896/

A website claims French military shot down A310

Copyright Photo: Antony J. Best.  Please click on photo for full view, information and other photos.

Copyright Photo: Antony J. Best. Please click on photo for full view, information and other photos.

SABA, Yemen’s official news agency, is quoting an unknown website named Almotamar that claims French warships engaging in military exercises near the Comoros Islands mistakenly shot down the crashed Yemenia Airbus A310-304 7O-ADJ (msn 535) on June 30, 2009. 7O-ADJ was operating flight IY 626 between Sana’a and Moroni in the Comoros Islands. The official investigation continues and this report cannot be collaborated with any other reliable sources.

News link:

www.sabanews.net/ar/news196573.htm

JAL’s task force submits restructuring plan

Copyright Photo: Antony J. Best.  Please click on photo for full view, information and other photos.

Copyright Photo: Antony J. Best. Please click on photo for full view, information and other photos.

JAL-Japan Airlines’ (Tokyo-Haneda) today (October 14) received the government-led task force proposal.  The plan proposes the following restructuring plan. It includes the following:

- replace all current executives
– cut over 9,000 employees
– cut pension payments by 50 percent
– ask banks to forget JPY300 billion of debt
– raise JPY150 billion through debt-equity swaps
– spin off subsidiaries
– cut all unprofitable routes

The plan still not has been ratified, and things like pensions need to be approved by the retiree’s union.  The debt also needs to be renegotiated with the banks.  Either way JAL will be a much smaller airline and group.

Libyan Airlines selects OnAir for inflight WiFi

Copyright Photo: Antony J. Best.  Please click on photo for full view, information and other photos.

Copyright Photo: Antony J. Best. Please click on photo for full view, information and other photos.

Libyan Airlines (Tripoli) has selected OnAir to provide inflight WiFi services.

News link:

www.reuters.com/article/marketsNews/idCNL839386320091008?rpc=44

Uzbekistan Airways to add Birmingham on Dec. 1

Copyright Photo: Antony J. Best.  Please click on photo for full view, information and other photos.

Copyright Photo: Antony J. Best. Please click on photo for full view, information and other photos.

Uzbekistan Airways (Tashkent) is adjusting its schedules for the winter starting on October 25 including new service to Birmingham (UK) starting on December 1.

News link:

news.uzreport.com/uzb.cgi?lan=e&id=67525

Gulf Air adds Bahrain Int’l Air Show stickers

Gulf Air A330-200 A9C-KF (03-Grand Prix 2009)(Apr) LHR (A6)(LR)Copyright Photo: Bader Models.

Bottom Copyright Photo and information supplied by: Bader Models. Top Copyright Photo: Antony J. Best.

Gulf Air (Bahrain) has applied new stickers on all aircraft to promote
Bahrain International Air Show.  The company will also unveil an updated version of its current 2003 livery in a few weeks. The Falcon logo will be enlarged and the font style will be changed (see top photo for the current livery).

South African surprises with $53.4 m profit

Copyright Photo: Antony J. Best.  Please click on photo for full view, information and other photos.

Copyright Photo: Antony J. Best. Please click on photo for full view, information and other photos.

South African Airways (Johannesburg) reported a net profit of $53.4 million for its fiscal year. The company is also planning to lease six Airbus A330-200s to replace its A340-200s.

Jat Airways cancels all flights today

Copyright Photo: Antony J. Best.  Please click on photo for full view, information and other photos.

Copyright Photo: Antony J. Best. Please click on photo for full view, information and other photos.

Jat Airways (Belgrade) was forced to cancel all flights today due to a strike of Jat Tehnika employees.

News link:

www.b92.net//eng/news/business-article.php?yyyy=2009&mm=09&dd=30&nav_id=62048

Flybe is interested in bidding for bmi

Copyright Photo: Antony J. Best.  Please click on photo for more photos.

Copyright Photo: Antony J. Best. Please click on photo for more photos.

Flybe (Exeter) has now signaled it is interested in possibly bidding for bmi and the valuable London Heathrow slots.

News link:

business.timesonline.co.uk/tol/business/industry_sectors/transport/

article6850810.ece

Follow

Get every new post delivered to your Inbox.

Join 2,013 other followers

%d bloggers like this: