JetBlue Airways (New York) yesterday (March 10) added Detroit, Michigan to its route map from Boston. The airline issued this report on its Blue Tales blog:
JetBlue launched Detroit as its 85 BlueCity and our 51 nonstop destination from Boston. JetBlue is entering the market with three daily Embraer 190 flights between BOS and Detroit Metropolitan Wayne County Airport (DTW).
We’re really excited to give the business communities within the two cities a new comfortable (and affordable!) option for travel. And with one of the largest Arab American communities in our country the greater Detroit area we know our code-share with Emirates will be of great interest to many as Emirates also began their nonstop BOS - Dubai (DXB) flights today.
Here are some photos from our inaugural flight:
All photos by JetBlue Airways.
JetBlue Airways (New York) today announced details of its upcoming expansion at Ronald Reagan Washington National Airport (DCA) with new low-fare service to three destinations beginning June 19, 2014: Charleston, South Carolina; Hartford, Connecticut; and Nassau, Bahamas (subject to receipt of government operating authority).
JetBlue plans to offer twice-daily service to both Charleston and Hartford/Springfield, as well as once-daily year-round service to Nassau. In addition to these three new destinations from Washington, JetBlue will boost its existing service to Tampa, Florida, with a second daily flight effective July 2, 2014.
Together, these six new daily departures represent half the new flights JetBlue has earned the right to operate by acquiring slots as a result of the recent American Airlines-US Airways divestiture proceedings. More details of JetBlue’s DCA expansion, which will bring the airline’s daily departure count to 30, will be announced later this year.
This summer JetBlue will offer customers 24 daily roundtrip flights from DCA to eight cities: Boston, Charleston, Hartford/Springfield, Fort Lauderdale/Hollywood, Nassau, Orlando, and Tampa, as well as the only nonstop service to San Juan, Puerto Rico from Washington’s popular downtown airport.
JetBlue’s three newest Reagan National destinations will be served with 100-seat Embraer ERJ 190 jets, featuring spacious two-by-two seating, the most legroom in coach (c), seatback entertainment including 36 channels of free DIRECTV® programming and more than 100 channels of free SiriusXM® satellite radio (d), unlimited free snacks and soft drinks, and JetBlue’s acclaimed in-flight customer service. With JetBlue, customers can also enjoy a first checked bag free of charge (e).
Schedules for JetBlue’s New Reagan National Destinations
|DCA – CHS||CHS – DCA|
|12:20 p.m. – 01:53 p.m.||07:25 a.m. – 08:52 a.m.|
|06:30 p.m. – 08:06 p.m.||02:35 p.m. – 04:04 p.m.|
|Saturday schedule varies slightly|
|DCA – BDL||BDL – DCA|
|09:25 a.m. – 10:46 a.m.||06:35 a.m. – 07:59 a.m.|
|07:25 p.m. – 08:50 p.m.||06:30 p.m. – 07:54 p.m.|
|DCA – NAS||NAS – DCA|
|09:55 a.m. – 12:29 p.m.||01:55 – 04:30 p.m.|
|Saturday schedule varies slightly. *Subject to receipt of government operating authority|
In addition to its presence at Reagan National, JetBlue also serves the National Capital Region with daily flights from Baltimore/Washington International Thurgood Marshall Airport and Washington Dulles International Airport.
Copyright Photo: Brian McDonough/AirlinersGallery.com. Embraer ERJ 190-100 IGW N258JB (msn 19000047) in the Windowpane tail design arrives at Washington’s Reagan National Airport (DCA).
Virgin Australia Airlines (Brisbane) meanwhile posted a half year loss of A$83.7 million ($75 million US). The carrier blamed the loss on too much capacity.
Read the full report: CLICK HERE
Meanwhile Virgin Australia has responded back to QANTAS, claiming the airline is flooding the market so that both carriers lose money. Read the response and video from the Sydney Morning Herald: CLICK HERE
Copyright Photo: Micheil Keegan/AirlinersGallery.com. Embraer ERJ 190-100 IGW VH-ZPR (msn 19000424) arrives in Perth in Western Australia.
Ukraine International Airlines (UIA) (Kiev) has decreased the number of flights operated each week from 343 to 305 due to the on-going political crisis in the Ukraine. The country is split along east (pro Russian) and west (pro European Union) areas of the country and whether it wants the country to be aligned with the European Union or the Russian Federation (the Ukraine was once part of the old Soviet Union). The two groups have been clashing in often violent rallies in various parts of the country. Now Russian President Vladimir Putin has put its armed forces in western Russia “on alert” according to the The Telegraph (so much for the recent “Olympic Spirit”). Despite this background of violence and tension, Ukraine International Airlines is planning to expand operations on April 1.
Read the full story from The Telegraph: CLICK HERE
The airline issued this statement:
As a result of social and political crisis in Ukraine the travel activity to/from Ukraine has leveled off.
Decline in demand for business and tourist trips affected advanced ticket reservations to Ukraine in February and March. This fact forces the airline to optimize flight program by decreasing frequency on certain routes within the period of February 24 –through March 29, 2014. Thus, the number of UIA-coded services is decreased from 343 to 305 scheduled flights per week. Due to well-developed partner network, UIA clients are offered alternative routes both on UIA-coded and partner airlines` flights.
As soon as the demand for air transportation is back to normal, UIA will increase the flight frequency quickly and efficiently to regenerate the previously scheduled traffic performance.
Starting on April 1, 2014, UIA plans to increase frequencies, offer new routes, and operate seasonal flights. Ticket sales for UIA new routes: Kiev – Chisinau, Kiev – Minsk, Kiev – Dushanbe, Kiev – New York, as well as additional flights to London, Barcelona and summer seasonal flights to Nice are already open.
Copyright Photo: Paul Denton/AirlinersGallery.com. Embraer ERJ 190-100LR UE-EME (msn 19000614) of Ukraine International Airlines arrives in Geneva.
JetBlue Airways to acquire 12 slot pairs at Washington Reagan National Airport, reports fourth quarter and 2013 financial results
JetBlue Airways (New York) has been informed that its bid for 12 slot pairs at Ronald Reagan Washington National Airport (DCA) has been provisionally accepted. These assets became available as a result of divestitures mandated by the U.S. Department of Justice (DOJ) in the American Airlines-US Airways merger.
Once approved by DOJ, JetBlue expects to add 12 new roundtrip flights at Washington’s popular, close-in airport. The airline plans to introduce nonstop service to cities it does not currently serve from DCA, expanding the benefits of its award-winning service to more communities, as well as add more flights on some existing routes.
JetBlue first entered the Reagan National market in 2010 and today offers 18 daily roundtrip flights to Boston, Fort Lauderdale/Hollywood, Orlando, Tampa, as well as the airport’s only nonstop service to San Juan, Puerto Rico. With its new slots, JetBlue will operate up to 30 roundtrips per day at DCA.
On the financial side, JetBlue Airway Corporation issued its financial report for the fourth quarter and the entire year of 2013:
JetBlue Airways Corporation reported its results for the fourth quarter and full year 2013:
- Operating income of $115 million in the fourth quarter. This compares to operating income of $44 million in the fourth quarter of 2012. For the full year 2013, JetBlue reported operating income of $428 million. This compares to operating income of $376 million for the full year 2012.
- Pre-tax income of $77 million in the fourth quarter. This compares to pre-tax income of $1 million in the fourth quarter of 2012. For the full year 2013, JetBlue reported pre-tax income of $279 million. This compares to a pre-tax income of $209 million for the full year 2012.
- Net income for the fourth quarter was $47 million, or $0.14 per diluted share. This compares to JetBlue’s fourth quarter 2012 net income of $1 million, or $0.00 per diluted share. For the full year 2013, JetBlue reported net income of $168 million, or $0.52per diluted share. This compares to net income of $128 million, or $0.40 per diluted share for the full year 2012.
JetBlue reported record fourth quarter operating revenues of $1.4 billion. Revenue passenger miles for the fourth quarter increased 7.1% to 8.7 billion on a capacity increase of 8.3%, resulting in a fourth quarter load factor of 80.9%, a decrease of 1.0 point year over year.
Yield per passenger mile in the fourth quarter was 14.35 cents, up 6.5% compared to the fourth quarter of 2012. Passenger revenue per available seat mile (PRASM) for the fourth quarter 2013 increased 5.3% year over year to 11.62 cents and operating revenue per available seat mile (RASM) increased 5.6% year over year to 12.77 cents.
Operating expenses for the quarter increased 8.7%, or $100 million, over the prior year period. Interest expense for the quarter declined 8.4%, or $5 million as a result of JetBlue’s debt reduction strategy. JetBlue’s operating expense per available seat mile (CASM) for the fourth quarter increased 0.4% year over year to 11.70 cents. Excluding fuel and profit sharing, CASM increased 0.6% to 7.30 cents.
Over the course of 2013, JetBlue improved its return on invested capital (ROIC) to 5.3%. “We remain committed to improving ROIC by one percentage point per year on average,” said Mark Powers, JetBlue’s Chief Financial Officer. “We recognize that while we have more work to do to improve returns, we believe we have a plan in place to achieve these goals in 2014.”
Fuel Expense and Hedging
JetBlue continued to hedge fuel to manage price volatility. Specifically, during the fourth quarterJetBlue hedged approximately 28% of its fuel consumption and managed approximately 12% of its fuel consumption using fixed forward price agreements (FFPs). This resulted in a realized fuel price of $3.10 per gallon, a 3.1% decrease over fourth quarter 2012 realized fuel price of $3.20. JetBluerecorded $3 million in losses on fuel hedges that settled during the fourth quarter.
JetBlue has managed approximately 24% of its first quarter projected fuel requirements using a combination of FFPs, jet fuel swaps and caps. Based on the fuel curve as of January 23rd, JetBlueexpects an average price per gallon of fuel, including the impact of hedges, FFPs and fuel taxes, of$3.13 in the first quarter.
Liquidity and Cash Flow
JetBlue ended the year with approximately $627 million in unrestricted cash and short term investments. In addition, JetBlue maintains $550 million in undrawn lines of credit. For the full year 2013, JetBlue generated $758 million of operating cash flow and had capital expenditures of $637 million, including $453 million of aircraft investments. As a result, JetBlue generated $121 million in free cash flow in 2013.
During 2013, JetBlue repaid $510 million in debt and capital lease obligations, including approximately $248 million in the fourth quarter. In addition, JetBlue prepaid approximately $94 million of aircraft related debt in December. JetBlue recorded a $3 million loss in non-operating income during the quarter in connection with this prepayment. JetBlue expects this transaction will generate $25 million in interest expense savings over the next six years. JetBlue plans to repay approximately $470 million in debt and capital lease obligations in 2014, including approximately$235 million in the first quarter.
JetBlue has increased its pool of unencumbered aircraft from one to 23 and decreased its total debt balance by approximately $550 million since 2011, thereby decreasing the financial risk in the business. “We remain focused on continuing to strengthen our balance sheet as we expect to continue to generate free cash flow and purchase aircraft with cash in 2014,” said Mr. Powers.
First Quarter and Full Year Outlook
JetBlue expects first quarter results to be adversely impacted by severe weather in the Northeast during the beginning of January, which resulted in the cancellation of approximately 1,800 flights. The severe weather reduced JetBlue’s total revenue by an estimated $45 million and reduced operating income for the first quarter by approximately $30 million.
For the first quarter of 2014, CASM is expected to be increase between 0.0% and 2.0% versus the year-ago period. Excluding fuel and profit sharing, CASM in the first quarter is expected to increase between 3.0% and 5.0% year over year.
CASM for the full year is expected to increase between 1.0% and 3.0% over full year 2013. Excluding fuel and profit sharing, CASM in 2014 is expected to increase between 3.0% and 5.0% year over year.
Capacity is expected to increase between 2.5% and 4.5% in the first quarter. For the full year, capacity is expected to increase between 5.0% and 7.0%.
Copyright Photo: Brian McDonough/AirlinersGallery.com. Embraer ERJ 190-100 IGW N316JB (msn 19000291) completes the River Approach into Reagan National Airport on the Virginia side of the Potomac River.
GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of two new leased Embraer ERJ 190 aircraft to Air Costa, a new Indian airline focused on regional operations.
Air Costa (Vijayawada) is promoted by the LEPL Group – a major urban infrastructure player in India. Air Costa started operations on October 14, 2013 and currently flies to six destinations in India (see route map below).
All Images: Embraer and Air Costa.
JetBlue Airways (New York) shut down its entire New York and Boston operations yesterday afternoon (January 6) due to an on-going winter storm and continued delayed and cancelled flights. The airline was purposely shutting down these these two major hubs in order for its crews to get the required amount of rest and for its aircraft and other assets to be repositioned. Like other carriers, the carrier is also under new mandatory FAA rules on pilot duty hours. The airline hopes to restart operations today with full operations expected by 3:00 pm (1500).
JetBlue issued this statement yesterday:
The new year began with the winter storm some called Hercules, is shutting down the heaviest trafficked air corridor in the world during one of the heaviest travel periods of the year. Mother Nature then followed that up with icing conditions over the weekend, causing even more issues and ground stops at the airports. Even as airports began to reopen though, newly launched FAA regulations on pilot duty times caused delayed flights to quickly turn into canceled ones. Now today, less than a week into the year, we’re watching a polar vortex wreak havoc on flight schedules across the industry, as rainy weather prepares to turn airports in the Northeast into ice rinks once again.
More than 3,000 flights across the industry have been cancelled today, and roughly 300 of those will be JetBlue’s. Beginning at 1 p.m. ET today, we’ll reduce operations at JFK, LaGuardia, Newark, and Boston through 10 a.m. ET Tuesday. At that time, we’ll gradually ramp up again – we intend to be 100% operational by 3 p.m. ET on Tuesday. This plan allows for 17 hours of rest for crews, and time for Tech Ops to service the aircraft.
These industry wide cancellations, on top of the previous days’ cancellations, have now left millions of air travelers displaced, struggling to find any available seat to get to their destinations. With planes already full with previously booked holiday travelers, remaining seats are quickly filled, (for some of the other guys, even overbooked), and some customers aren’t seeing available seats for nearly a week. If your flight has been canceled, you can rebook travel or request a refund online. More information on current travel alerts and fee waivers can be found on our Travel Alerts page. We also still request customers are encouraged to check the status of their flight online prior to leaving for the airport.
For our part, this isn’t the sort of operation we’re happy about, and have stood up every available resource throughout the last week to work with customers and adjust our schedules to minimize impact. While we have to reduce operations in our Northeast cities today, we’ll take the opportunity to use some of those planes and crews for extra sections between cities where we they’re most needed and move crews in preparation for starting back up on Tuesday. Our first priority is to support the operation and assist customers with immediate travel needs, but will be reaching out to any impacted customer we have contact information to offer compensation.
Read the full story from CNN: CLICK HERE
Copyright Photo: Bruce Drum/AirlinersGallery.com. Embraer ERJ 190-100 IGW N206JB (msn 19000025) arrives in New York (JFK).
LAM’s ERJ 190 C9-EMC crashed into the ground with the autopilot engaged, did the captain intentionally crash the airliner?
LAM’s (Linhas Aereas de Mocambique) (Luanda) Embraer ERJ 190-100 IGW C9-EMC (msn 19000581) on November 29, 2013 was operating flight TM 470 from Maputo, Mozambique to the Luanda, Angola. The airliner never arrived. The aircraft crashed in a Namibian game park, killing the 27 passengers and six crew members on board.
According to Reuters, citing a preliminary report released to the media by Namibia’s Transport Ministry, the crew was “flying in normal conditions and no mechanical deficiency was detected when it suddenly began a descent from its normal cruising altitude with its automatic pilot on and its altitude selector set to below ground level.”
According to Reuters, “the aircraft made the descent on autopilot, and after actions that would have required knowledge of its systems, denoted a “clear intention”. The aircraft was under the command of the captain, Herminio dos Santos, who “was alone in the cockpit at the time of the crash, after his co-pilot had gone to the bathroom. Alarms going off could be heard on the flight recordings, and also the sound of someone beating on the cockpit door “as if asking to be let in”.
Read the full report: CLICK HERE
Ukraine International Airlines-UIA (Kiev) will commence service between its Kiev hub and Stockholm (Arlanda) starting on June 1, 2014. The daily flight will be operated with new Embraer 190s.
Additionally, starting on December 7, 2013, UIA launches its first ever long-haul flights from Kiev to Bangkok. Nonstop scheduled flights will be operated three days a week on Boeing 767-300 aircraft in a three-class cabin layout: business, premium economy, and economy.
The airline continues to develop its “ski” destinations network by offering nonstop flights to Sofia (Bulgaria) and Salzburg (Austria), Erzurum (Turkey) and Grenoble (France), Kittila and Kajaani (Finland), as well as providing all passengers with an opportunity to carry one set of ski equipment free of charge.
UIA traditionally expands travel options` selection for the residents of the cities of Ukraine. In winter UIA nonstop flights will connect Donetsk, Odessa, and Kharkov with the capital of Bulgaria, Sofia, Donetsk and Odessa with Sharm El Sheikh, as well as Lvov, Zaporozhia and Kharkov with Hurghada.
Moreover, UIA has a special offer for winter sports fans: in February 2014 the leading Ukrainian carrier will operate nonstop daily (February 6 and 24 double-daily) flights between the capital of Ukraine and the capital of the 2014 Winter Olympics – the city of Sochi.
UIA turns 21.
Copyright Photo: Karl Cornil/AirlinersGallery.com. Embraer ERJ 190-100LR UR-EMA (msn 19000494) approaches Brussels for landing.
BA CityFlyer (British Airways) (Manchester and London City Airport), British Airways’ wholly owned regional subsidiary, and Embraer announced today the acquisition of one additional Embraer 190 jet. This firm order will be included in Embraer’s 2013 fourth quarter backlog. The E-Jet will be operated from the Company’s main operating base at London City Airport (LCY).
Alitalia (2nd) (Rome) is facing a major decision today at its board meeting. According to this report by Reuters, Alitalia’s CEO Gabriele del Torchio, a turnaround specialist, is expected to unveil his plan. The drastic measures may include up to 2,000 job cuts and salary cuts.
However the cuts are unlikely to persuade major shareholder and board member Air France-KLM to put any more capital into the failing flag carrier. Alitalia needs a $400 million infusion to keep flying. The group has already zeroed-out its investment.
Read the full report: CLICK HERE
Copyright Photo: Dave Glendinning/AirlinersGallery.com. Alitalia’s Embraer ERJ 190-100LR EI-RNB (msn 19000479) taxies at London (Heathrow).
Flybe (Exeter) plans to cut another 500 jobs after it posted its first half-year profit in two years.
Read the full report from Reuters: CLICK HERE
The company issued this financial statement:
Results for the six months to September 30, 2013:
Flybe announces a significantly improved financial performance under its new management team. In addition, a new phase of efficiency improvements announced today will secure a strong base for future growth.
Key financial highlights
|H1 2013/14£m||H1 2012/13£m||Change%|
|Total revenue under management *||477.3||396.3||20.4|
|Less: joint venture revenue||(126.2)||(55.5)||127.4|
|Adjusted profit/(loss) before tax, restructuring and surplus capacity costs and revaluation on USD aircraft loans ** +||12.2||(2.3)||N/M|
|Adjusted profit/(loss) before tax and restructuring *** +||17.1||(1.6)||N/M|
|Profit/(loss) before tax +||13.8||(1.6)||N/M|
|Profit/(loss) after tax +||13.6||(1.6)||N/M|
* Includes Flybe’s joint venture, Flybe Finland.
** Adjusted profit/(loss) before tax, restructuring and surplus capacity costs and revaluation on USD aircraft loans defined as profit/(loss) before tax, restructuring and surplus capacity costs of £4.1m (2012/13: £nil) and revaluation gains on USD aircraft loans of £5.7m (2012/13: £0.7m). Surplus capacity costs represent the costs incurred in H1 2013/14 relating to capacity that is considered by management to be surplus as a result of the restructuring decisions.
*** Adjusted profit/(loss) before tax and restructuring defined as profit/(loss) before tax and restructuring costs of £3.3m (2012/13: £nil).
+ H1 2012/13 has been restated for the impact of adopting the revised requirements of IAS 19 Employee Benefits as detailed further in Note 2 to the condensed financial statements. The replacement of the interest cost and expected return on plan assets with a new interest charge on the net defined benefit liability led to a £0.3m increase in the reported loss for that period.
1. First two phases of the Turnaround Plan on track to deliver savings of £40m this year and £45m in 2014/15.
2. A 20.4% increase to £477.3m (H1 2012/13: £396.3m) in revenue under management (including Flybe Finland, the joint venture with Finnair) largely driven by increased contract flying activity in Finland.
3. A 3.0% increase in group revenue to £351.1m.
4. A £13.8m profit before tax (H1 2012/13: loss of £1.6m).
5. A £10.5m operating cash inflow before increase in restricted cash and restructuring costs (H1 2012/13: £1.6m)
Operational highlights (H1 2013/14)
- 6.2 million scheduled seats flown, in line with last year.
- 5.6% increase in passengers to 4.3 million.
- 3.6ppts increase in load factor to 68.6%.
- 0.9% increase in passenger revenue per scheduled seat to £50.35 (H1 2012/13: £49.92).
- 1.3% increase in total revenues to £328.2m.
- 1.3% decrease in costs per seat to £51.30. On a constant currency and fuel price basis, costs per seat decreased by 3.1%.
- 4.7% increase in UK regional sector share for the Flybe brand to 55.1%.
- 26.4% of Flybe’s revenue under management (H1 2013/14: £126.2m; H1 2012/13: £55.5m).
- £110.6m contract flying revenue (H1 2012/13: £36.7m)
- 84.6% increase to 2.4 million in total seats flown, of which white label flying totalled 2.0 million (H1 2012/13: 0.8 million).
Flybe aims to become the best local airline in Europe delivering unrivalled regional connectivity.
Flybe will have two engines of growth:
A regional branded airline giving a nimble and customer-friendly, scheduled service for both business and families. This brings people together within a country and connects people in the regions to international carriers at metropolitan airports.
A regional white label model where Flybe will become the leading regional provider for mainstream European airlines.
The already announced Phase 1 and 2 cost savings are being successfully implemented.
Major management and organizational change: new Chairman and Chief Executive Officer have been appointed. Senior executive appointments well advanced, including a new Chief Commercial Officer already in place.
Flybe’s operations have been reorganized into a single management structure.
An Immediate Action plan is being announced today and is already being implemented with three elements:
1. Optimise configuration: rationalise route network, review fleet mix, remove surplus capacity and improve aircraft and crew utilisation.
2. Reduce costs further: all aspects of the business are being reviewed to drive further savings.
3. Improve commercialisation: optimise pricing and revenue management, refocus network development, strengthen route management, step change marketing impact and develop trading partnerships.
This will deliver further benefit of £7m this year and £26m next year with around 500 proposed redundancies and estimated one-off and surplus capacity costs of £14m this year plus a further £27m in 2014/15.
Finnair JV is now profitable; further improvements are being targeted by enhancing operational delivery, reducing scheduled risk flying losses and embedding ‘lean manufacturing’ techniques.
Update: According to Reuters, majority shareholder Rosedale Aviation Holdings has sold its entire 48.1 percent stake in the airline to institutional investors.
Read the full report: CLICK HERE
Copyright Photo: Antony J. Best/AirlinersGallery.com. Embraer ERJ 190-200LR (ERJ 195) G-FBEB (msn 19000057) lands at Southampton.
Republic Airways Holdings reports on its third quarter performance, will stop operating Embraer 190s for Frontier
Republic Airways Holdings Inc. (Indianapolis) reported diluted earnings per share from continuing operations for the third quarter of 2013 of $0.09 as compared to $0.13 for the same period in the prior year. During the third quarter of 2013, the company recorded a non-cash impairment charge of $21.2 million, $13.0 million after-tax or $0.25 per diluted share, to reduce the carrying value of seven owned Embraer ERJ 190 aircraft and write-off the maintenance deposits on three leased ERJ 190 aircraft. Income from continuing operations was $4.3 million compared to $6.3 million for the same period last year. Excluding the ERJ 190 impairment charge, pre-tax income from continuing operations was $26.6 million, resulting in an adjusted pre-tax margin from continuing operations of 7.9%. Operating revenues totaled $338.6 million, an increase of 0.4%, compared to $337.4 million for the third quarter of 2012.
The company classified its Frontier business as discontinued operations due to the expected sale during the fourth quarter of 2013. Unless otherwise specified, all financial information disclosed in this release is from continuing operations.
On October 1, 2013, the company reported that it had agreed to sell its Frontier business to an affiliate of Indigo Partners LLC (Indigo). Indigo will acquire all the outstanding shares of Frontier Airlines Holdings, Inc. As part of the transaction, under a separate agreement, Republic will assign to Frontier all of Republic’s rights under agreements relating to the Republic’s Airbus A320neo order. The transaction is subject to receipt of certain third-party consents and releases and other customary closing conditions.
On November 6, 2013, Indigo informed the company that it had satisfied or waived certain key conditions to close under the transaction. The company expects the transaction to close later this month.
For additional information on the divestiture of Frontier, please see the company’s separate news release dated October 1, 2013 and a separate filing with the U.S. Securities and Exchange Commission on Form 8-K filed on October 7, 2013.
“The sale of Frontier will allow our management team to re-focus on our core business,” said Republic Airways Chairman, President and Chief Executive Officer Bryan Bedford. “We continue to be excited about the growth opportunities for our fixed-fee business and are focused on providing safe, reliable and low-cost solutions to each of our airline partner brands, including American Eagle, Delta Connection, United Express and US Airways Express,” said Bedford.
Third Quarter Review
Operating Revenue Highlights
Total operating revenues increased $1.2 million, or 0.4%, from the third quarter of 2012 to $338.6 million in the third quarter of 2013. Fixed-fee service revenue increased $51.6 million, or 19.2%, to $320.3 million due to an increase in Bombardier DHC-8-402 (Q400) flying with United Airlines, new fixed-fee ERJ 190 charter flying and new ERJ 175 flying with American Airlines. Passenger service revenue decreased $50.5 million due to a significant reduction in the number of ERJ 190 aircraft operating under our pro-rate agreement with Frontier.
Operating Expense Highlights
Fuel costs for Republic decreased $14.1 million to $11.3 million for the quarter, due to a 4.7 million decrease in gallons consumed due to the reduced ERJ 190 pro-rate operations. The fuel cost per gallon, including into-plane taxes and fees, increased to $3.55 per gallon in the third quarter of 2013, compared to $3.21 per gallon in the prior year’s third quarter. The fuel cost per gallon related to our fixed-fee charter agreement is generally higher than our pro-rate operations with Frontier and is treated as a pass through cost under the agreement.
Landing fees and airport rents decreased $6.6 million to $7.9 million for the quarter. Beginning in June 2013, landing fee expense and the related pass-through reimbursement revenue were lower due to United paying airports directly for its associated landing fee costs.
At September 30, 2013, the company had a fleet of ten ERJ 190 aircraft, of which three were leased and seven were owned. Five of the aircraft operate within the fixed-fee charter agreement and the remainder were operating under the pro-rate agreement with Frontier. The company is working to sell, sublease or otherwise place into fixed-fee charter service the five aircraft operating in pro-rate service. During the third quarter of 2013, we recorded a non-cash impairment charge of $21.2 million to reduce the carrying value of our owned E190 aircraft and expensed the deferred maintenance deposits on the leased ERJ 190 aircraft.
Income from discontinued operations, net of tax, increased 52.8% from $19.5 million in the third quarter of 2012 to $29.8 million in this quarter. The improvement is primarily due to Frontier TRASM increasing 6.6% over the prior period and lower fuel costs. The loss on disposal of discontinued operations, net of tax, is currently estimated to be $47.9 million. This estimate will adjust in future periods based on the actual results of the discontinued operations and the closing date of the transaction.
As of September 30, 2013, Republic operated a fleet of 235 aircraft. Within our fixed-fee commercial and charter agreements, we operated 68 aircraft with 44-50 seats and 162 aircraft with 69-99 seats. In addition, we operated five 99-seat aircraft under the pro-rate agreement with Frontier, down from seventeen 99-seat aircraft operated in pro-rate service during the third quarter of 2012.
During the quarter the company took delivery of nine ERJ 175 aircraft operating under its American Airlines capacity purchase agreement and expects to take delivery of an additional ten ERJ 175 aircraft by the end of 2013.
Balance Sheet and Liquidity
The company’s total cash balance decreased $6.3 million to $224.1 million as of September 30, 2013, compared to December 31, 2012. Restricted cash increased $12.6 million, to $32.2 million, from December 31, 2012 due to the escrow requirements under our fixed-fee charter agreements. The Company’s unrestricted cash balance decreased $18.9 million, to $191.9 million, from December 31, 2012. A condensed consolidated balance sheet and cash flow statement have been included in the tables section of this release.
The Company’s debt increased to $2.00 billion as of September 30, 2013, compared to $1.97 billion at December 31, 2012, primarily related to the financing of ERJ 175 aircraft for the American Airlines fixed-fee agreement. As of September 30, 2013, approximately 95% of our debt is at a fixed interest rate. The Company has significant long-term lease obligations for aircraft that are classified as operating leases and are not reflected as liabilities on the Company’s consolidated balance sheet. At a 6% discount factor, the present value of these lease obligations was approximately $0.5 billion and $0.6 billion as of September 30, 2013, and December 31, 2012, respectively.
At September 30, 2013 the company had assets held for sale of $594.8 million and liabilities held for sale of $517.8 million. The $77.0 million of value in net assets held for sale represents the estimated cash proceeds from the sale of Frontier. These amounts will adjust in future periods based on the actual results of discontinued operations and the closing date of the transaction.
Copyright Photo: TMK Photography/AirlinersGallery.com. Republic Airlines (2nd) is now only operating five 99-seat Embraer ERJ 190s for Frontier Airlines (down from 17) under the pro-rate agreement. Once the sale of Frontier to Indigo is completed, Republic will relocate these five aircraft to other areas. Frontier will only operate Airbus aircraft under Indigo. The pictured Republic Airlines (2nd) Embraer ERJ 190-100 IGW N164HQ (msn 19000275) with a Hummingbird on the tail taxies at Toronto (Pearson).
FlyNonstop (Kristiansand) suddenly stopped flying yesterday (October 29) and declared bankruptcy. The short-lived airline only commenced operations on April 25, 2013.
The airline issued this statement:
We regret to announce that of today (October 29) we have sent a petition for bankruptcy of FlyNonstop AS. This means that all our flights as of Tuesday, 10/29/2013 at 06:00 have been cancelled.
All customers must now contact their credit card company / bank with ticket reference and payment receipt to get their ticket costs refunded.
We are now contacting our customers via email and SMS to provide advice and guidance on how to deal with rebooking / purchase of new tickets for their journey.
With the help of SAS we have been able to provide our customers (with a ticket reference from FlyNonstop) the opportunity to purchase new tickets at a special adjusted price from SAS, provided that there are available seats on the desired travel date and destination. SAS have many frequencies, large network and flies to all our destinations. The possibility that the majority of our customers will find a suitable ticket alternative to the original itinerary will be very good.
SAS will handle all requests and aim for a special price for all FlyNonstop customers. Please call:
Phone: +47 915 05 400,
or locally to Kjevik Airport in Kristiansand on
Phone: +47 957 19 478
The Company (SAS) is not responsible for the tickets already purchased from FlyNonstop, or any other obligations in the light of FlyNonstop’s cancellations.
We will once again lament the burden placed on you, the passengers, but unfortunately we at FlyNonstop could no longer be able to meet the company’s obligations. We therefore realize that we had to close down the operation.
This is a sad day for you, our customers, and for us at FlyNonstop.
Note: Please click on the FlyNonstop category (below right column) for all previous news entries and stories about the carrier.
Copyright Photo: Javier Rodriguez/AirlinersGallery.com. FlyNonstop did not have much leverage. With the winter season coming on, revenues were down and the single Embraer ERJ 190-100LR (PH-FNS) (man 19000616) was operated by Denim Air for FlyNonstop. PH-FNS is pictured pushing back at Palma de Mallorca, a frequent destination for the carrier.
JetBlue Airways (New York) today announces that Savannah, Georgia will be the 50th nonstop destination for customers in Boston. JetBlue, the largest airline in Boston with up to 121 daily flights, will begin daily nonstop service on Flight 50 between Savannah/Hilton Head and Boston on Thursday, February 13, 2014.
JetBlue’s schedule, operated by 100-seat Embraer 190 aircraft:
Boston (BOS) to Savannah (SAV):
SAV to BOS:
|Departs||11:10 a.m.||Departs||2:25 p.m.|
|Arrives||1:46 p.m.||Arrives||4:43 p.m.|
|All times are local. Service begins Feb. 13, 2014|
Copyright Photo: Bruce Drum/AirlinersGallery.com. Embraer ERJ 190-100 IGW N304JB (msn 19000257) in the Windowpane tail design taxies to the runway at Fort Lauderdale-Hollywood International Airport.
Air Canada (Montreal) and Premier Aviation have announced the signing of a five-year agreement for the provision of airframe maintenance in support of Air Canada’s fleet of 60 Embraer ERJ 190 and ERJ 175 aircraft. With the addition of a second line of maintenance at Premier Aviation’s Trois-Rivières, Quebec facility now in place, the work performed for Air Canada will have created a total of 120 jobs for aircraft technicians on the two lines. This contract follows a successful year of operations meeting the quality and on-time delivery requirements for 37 Air Canada Embraer ERJ 175 and ERJ 190 maintenance visits at Premier’s Trois-Rivières maintenance center.
Premier Aviation performs maintenance, repair and overhaul (MRO) services consisting of airframe, painting and support services for Air Canada’s Embraer fleet at its Trois-Rivières maintenance center. Air Canada’s Embraer fleet consists of 45 ERJ 190 aircraft, with an additional 15 ERJ 175 aircraft now operated by Sky Regional Airlines.
Copyright Photo: Ton Jochems/AirlinersGallery.com. Air Canada’s Embraer ERJ 190-100 IGW C-FHNY (msn 19000085) taxies at the Vancouver hub.
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AMR Corporation (Dallas/Fort Worth), the parent company of American Airlines, Inc., (Dallas/Fort Worth) and US Airways Group, Inc. (Phoenix), the parent of US Airways (Phoenix), have each agreed to extend the outside date at which either party may terminate the previously announced Agreement and Plan of Merger (the Merger Agreement), in light of the trial schedule surrounding litigation with U.S. Department of Justice (DOJ).
In a joint statement, Tom Horton, chairman, president and CEO of AMR, and Doug Parker, chairman and CEO of US Airways, said, “The Boards and management teams of AMR and US Airways remain committed to completing this combination to create the new American, and the extension of this outside date is a reflection of this commitment. Our focus is on mounting a vigorous defense and winning our court case so the new American can enhance competition, provide better service to our customers and create more opportunities for our employees.”
The amended Merger Agreement extends the date on which either AMR or US Airways may terminate the Merger Agreement from December 17, 2013 to the later of January 18, 2014, or, if the Court enters an order on or before January 17, 2014 in favor of American and US Airways, on the 15th day following the entry of such order. In the event of an unfavorable ruling by the Court, AMR or US Airways may terminate the merger agreement five days after the Court enters a final, but appealable, order permanently enjoining the merger.
Top Copyright Photo: Brian McDonough/AirlinersGallery.com. American’s Boeing 737-823 N925NN (msn 31169) prepares to touch down at Washington’s Reagan National Airport.
Bottom Copyright Photo: Jay Selman/AirlinersGallery.com. US Airways’ Embraer ERJ 190-100 IGW N961UW (msn 19000183) taxies to the runway at the Charlotte hub.
FlyNonstop (Kristiansand) has announced it will add a new route from Bodø, Norway to London (City Airport) starting on October 28. The new route will be operated weekly. This will be the first international route from Bodø and is away from FlyNonstop’s base of Kristiansand in southern Norway.
Bodø is located just north of the Arctic Circle and is the largest city in Nordland County and also is the second largest city in northern Norway.
Copyright Photo: Ton Jochems/AirlinersGallery.com. Operated by Denim Air, Embraer ERJ 190-100LR PH-FNS (msn 19000616) taxies past the camera at Palma de Mallorca.
KLM Cityhopper (Amsterdam), KLM’s regional subsidiary, has concluded a lease agreement with BOC Aviation to add six Embraer 190s to its current fleet of 22 E-Jets. The additional ERJ 190s are part of KLM Cityhopper’s strategic plan to replace the oldest aircraft in its Fokker 70 fleet. The first of the six ERJ 190s is scheduled to be delivered during the second half of 2013.
Republic’s three flight attendants groups approve the new contract, may sell Frontier Airlines in the third quarter
Republic Airways Inc. (Republic Airways Holdings) (Indianapolis) has announced that flight attendants for its three regional carriers have approved a new five-year labor contract. The ratification vote concluded on July 29 with flight attendants from Chautauqua Airlines, Republic Airlines (2nd) and Shuttle America voting in favor of the agreement.
The new contract includes increases in pay, improvements in quality of life and more flexibility in scheduling. The new agreement becomes amendable on July 29, 2018.
In other news, Republic has entered into a preliminary agreement with an undisclosed potential buyer of Frontier Airlines (2nd) (Denver). Should the deal be finalized, the sale could be closed in the third quarter according to CEO Bryan Bedford.
Read the full story from the Denver Post: CLICK HERE
Copyright Photo: TMK Photography/AirlinersGallery.com. Set against the moon, Republic Airlines’ (2nd) Embraer ERJ 190-100 IGW N164HQ (msn 19000275) (Hummingbird) arrives at Toronto (Pearson). The 99-seat Republic ERJ 190s are expected to leave the Frontier contract in the third quarter of 2013.
Royal Air Maroc (Casablanca) has put into revenue service its first Embraer 190. The pictured former Gulf Air ERJ 190-100 IGW PH-DNA (msn 19000372) was delivered on July 19 and is being operated by Denim Air for RAM.
Copyright Photo: Andi Hiltl/AirlinersGallery.com. PH-DNA is pictured arriving at Zurich today.
Finnair (Helsinki) will open a new route to Tromsø, Norway for the 2014 winter season. The Arctic city in the far north of Norway will be served from Helsinki three times per week from January 1, 2014 until March 28, 2014.
Situated directly under the aurora zone in the Arctic, Tromsø is ideally placed for viewing the spectacular Aurora Borealis (northern lights) on clear winter nights. The town is made up of 70,000 people and also serves as a base for winter sports such as downhill skiing, snowshoeing, dog and reindeer sledding, and glacier hiking. Tromsø, or Romsa in Sami languages, is also a center of Sami culture in the Norwegian Lapland and hosts Sami Week every February.
Due to the warming effect of the Gulfstream, from January to March the city is relatively warm for the Arctic, with average highs of around -2 degrees centigrade and lows of about -6.
Flights are scheduled Mondays, Wednesdays and Fridays for departure from Helsinki (AY2679) at 8:15 pm (2015) and departure from Tromsø (AY2680) at 9:55 pm (2155) local time. The route, operated on behalf of Finnair by Flybe Finland (formerly Flybe Nordic and Finncomm Airlines) with Embraer ERJ 190 aircraft, takes approximately two hours.
Copyright Photo: Rolf Wallner/AirlinersGallery.com. The 12 Finnair Embraer ERJ 190-100LRs are now operated for Finnair in Finnair colors by subsidiary Flybe Finland. OH-LKP (msn 19000416) taxies at Zurich.
Azerbaijan Airlines (Baku) on July 2 took delivery of its first Embraer 190.
Copyright Photo: Javier Rodriguez/AirlinersGallery.com. Embraer ERJ 190-100 IGW 4K-AZ64 (msn 19000627) departs Palma de Mallorca today bound for Baku after a night stop. 4K-AZ64 wears the dramatic new 2013 color scheme.
ConViasa Airlines (Caracas) has added three additional Embraer ERJ 190-100s (YV2911, YV2912 and YV2913) as the state airline slowly replaces its aging Boeing 737-200 fleet. The company plans to expand the Embraer fleet to 20 aircraft.
Venezuela, despite its robust petroleum economy, has the oldest airline fleet in Latin America according to the Curacao Chronicle. In fact, national newspaper El Nacional has reported the Venezuelan fleet has decreased by 52.3 percent in the past four years from 130 aircraft to 68 aircraft. The situation is actually worse since many aircraft remain grounded due to a lack of replacement parts and the lack of maintenance money according to the report.
Read the full report: CLICK HERE
Update: At the Paris Airshow, Embraer issued this statement:
Consorcio Venezolano de Industrias Aeronauticas y Servicios Aereos, S.A. (conViasa) has signed a contract for seven Embraer 190 jets, exercising options from the original order released in July 2012, which provided for six firm orders and 14 options.
ConViasa now has a total of 13 firm orders for the E190 jet, besides options for another seven aircraft of the same model.
ConViasa currently operates six E190 jets on regional routes in Venezuela and in the Caribbean. By the end of 2013, the airline will be operating a total of twelve E190 jets, all configured with 104 seats in a single class.
Copyright Photo: Orlando Suarez/AirlinersGallery.com. Embraer ERJ 190-100STD YV2849 (msn 19000509) climbs gracefully away from the Caracas hub.
In the first two months of 2013, Avianca and TACA recorded a 9.7% increase in passenger numbers compared to the same period of 2012.
During 2012, AviancaTaca Holding SA reported net income of COP $351,684 million ($192.1 million), up 73.9% from net income obtained in 2011.
In February 2013, attached to the Holding airlines transported nearly two million passengers.
In the first two months of the year, airlines mobilized attached to 3,982 .201 AviancaTaca Holding passengers, registering an increase of 9.7% from January to February 2012.
Only in the month of February, Avianca, TACA and its subsidiaries 1,866 .367 mobilized passengers, 6.8% above the passengers carried in February 2012. The capacity, measured in ASKs (available seats per kilometer flown) increased 1.6%, while passenger traffic measured in RPKs (paying passengers per kilometer flown) grew 5.5%. The load factor for the month reached 80.7%.
Domestic markets of Colombia, Peru and Ecuador
During January and February 2013, the number of passengers moved in markets within Colombia, Peru and Ecuador amounted to 2,278 .645, 11.4% more than in 2012. The capacity (ASKs) in these markets increased by 15.1%, while passenger traffic (RPKs) increased 14.1%. Consequently, the load factor stood at 79.5%.
In February, the carriers assigned to the Holding transported within these markets a total of 1,089 .289 travelers, up 7.9% from February 2012. The capacity (ASKs) in these markets increased 13.6%, while passenger traffic (RPKs) increased 11.1%. As a result, the load factor stood at 78.8%.
During January and February 2013, the number of passengers on international routes mobilized amounted to 1,703 .556, 7.4% higher than the figure recorded in the same period of 2012. The capacity (ASKs) rose 1.9% and passenger traffic (RPKs) increased by 6.7%. As a result, the load factor reached 82.9%.
In February, Avianca, TACA and its subsidiaries carried 777,078 passengers on international routes to an increase of 5.4% over the same period of 2012. Product of a reorganization of the operation, capacity (ASKs) decreased 1.2% while passenger traffic (RPKs) increased by 4.1%. The load factor stood at 81.2%.
Copyright Photo: Arnd Wolf. The TACA fleet will start to be repainted in the Avianca brand in the second quarter. TACA’s Embraer ERJ 190-100 IGW N984TA (msn 19000273) arrives at Miami International Airport.
Air Canada (Montreal) and Etihad Airways (Abu Dhabi) have signed a Memorandum of Understanding (MoU) for a commercial cooperation agreement that will enhance travel services between the United Arab Emirates and Canada.
While the two carriers currently have interline agreements in place for passenger and cargo services, Etihad Airways and Air Canada intend to offer customers through-checked bags, reciprocal codeshare services and frequent flyer benefits.
The MoU provides for reciprocal codeshare services to Etihad’s Abu Dhabi hub and select points in North America served by Air Canada via its Toronto hub. The two parties have commenced discussions to finalize details with the objective of introducing codeshare services in the third quarter of 2013.
The agreement will also allow frequent flyer mileage accrual on codeshare flights by members of Etihad Guest and Aeroplan programs and reciprocal premium lounge access at Toronto and Abu Dhabi airports for eligible passengers of both airlines.
This announcement follows the recent decision by the Governments of the UAE and Canada to restore the previous visa regime which means Canadian nationals can once again obtain a free visa on arrival in the UAE.
The UAE is Canada’s largest merchandise export market in the Middle East region and more than 40,000 Canadians reside in the UAE. Furthermore approximately 150 Canadian companies are based in the UAE.
Subject to regulatory approval, Etihad Airways will place its EY code on Air Canada flights between Toronto and select North American points.
In return, Air Canada will place its AC code on Etihad Airways’ non-stop services between Toronto and Abu Dhabi, as well as Etihad Airways’ flights between London Heathrow and Abu Dhabi.
Etihad Airways and Air Canada will also work together to enhance cargo services into and out of Abu Dhabi and Toronto, and beyond on each other’s networks.
Top Copyright Photo: TMK Photography/AirlinersGallery.com. Embraer ERJ 190-100 nIGW C-FHJU (msn 19000044) arrives at the Toronto (Pearson) hub.
Bottom Copyright Photo: Keith Burton. Boeing 777-3FX ER A6-ETK (msn 39686) takes off from London (Heathrow).
FlyNonstop (Kristiansand, Norway) this week received its first Embraer 190 at a ceremony at Embraer’s headquarters in São José dos Campos, Brazil. The aircraft, leased from a third party, will be used to launch nonstop routes between Kristiansand and key cities in Southern and Central Europe.
The E190 is configured with 100 Elite seats in single class configuration.
The airline will commence operations between Kristiansand on April 25 and major European cities, including Barcelona, Berlin, Dubrovnik, London City Airport, Nice, Palma de Mallorca and Parma.
Copyright Photo: Embraer. The pictured Embraer ERJ 190-100LR PT-TJU became PH-FNS (msn 19000616) on delivery and is named “Elias”. The airliner was leased starting on April 16.
Flybe (Exter) today made a major announcement for a two-year plan to return the airline to profitability. The reorganization may lead to a loss of 300 jobs. Here is the full announcement:
- As part of this announcement Flybe confirmed:
- Medium term operational profit targets for the Group.
- A revised strategy to focus on two key sectors of the market – its UK scheduled services business, and the growing European contract flying market.
- Confirmation that there would be no change to its current route network, and that consumers will still enjoy the same choice of routes and airports.
- A cost reduction plan for its UK business and associated support activities which targets cost reductions both internally and externally.
- As part of the proposed cost reduction plan for the UK business, it is expected c300 roles will be made redundant.
- The total annualised benefit of the cost reduction plan will reach £35m.
- A review of the potential outsourcing of various support functions.
- The establishment of a new Flybe Outsourcing Solutions business bringing together its contract flying, maintenance and training divisions across Europe into one customer offering.
A summary of the announcement is provided at the end of this release.
Effect on UK employed Staff
As a result of the cost reduction plan announced today, Flybe UK has commenced the consultation process which may lead to circa 300 proposed redundancies. This would equate to approximately 10% of its current UK based employees.
It is expected that the majority of the proposed redundancies will, following consultation, come from Flybe’s Exeter HQ, Manchester and Newcastle.
Commenting on the plan, Flybe’s Chief Executive Jim French said: “Today’s restructuring plan for the airline has clear, two year profit targets which we believe are deliverable and realistic. A new, slimline business model for UK scheduled services underpins a turnaround which I expect will deliver a £3.00 per seat profit target in the medium term. Today’s announcement of a turnaround strategy for the UK business is a clear indication that Flybe has a plan not only to address the challenges we face, but also one to exploit the opportunities available, particularly in Europe.
“It is a matter of great regret that many valued and hard-working colleagues may leave the organisation and it was a decision I and the Board have not taken lightly ; it’s one we have tried to avoid and it is the first time in almost 30 years of business that we have had to take such action. However, faced with the brutal impact of a 160% rise in Air Passenger Duty (APD) over the past six years and the consequent 20% decline in domestic traffic over the same period, we have to recalibrate the business. There is no escape from the £68M per annum APD tax burden which Flybe has to pay as a result of increases successive governments have levied on the industry. Flybe now pays more than 18% of our ticket revenues to the government in APD, whilst other UK based carriers who operate a greater proportion of their business outside of the UK pay less than 6%.
Copyright Photo: Paul Denton. Embraer ERJ 190-200LR (ERJ 195) G-FBEL (msn 19000184) arrives at Geneva.
Route Map (routes from Southampton):
Air Canada (Montreal) is planning to eliminate the nonstop Vancouver-San Diego route on May 1 per Airline Route. The route is currently operated with Embraer 190 equipment.
Top Copyright Photo: Keith Burton. Embraer ERJ 190-100 IGW C-FGMF (msn 19000019) arrives back at the Toronto (Pearson) hub.
Bottom Copyright Photo: Air Canada. Air Canada Trivia: On January 14, 2006, a retired Boeing 737-200 took on a new life as an artificial reef when it was sunk 20 meters (60 feet) deep near Chemainus on Vancouver Island. The airframe was donated to the Artificial Reef Society of B.C. by Qwest Airparts Limited (Memphis) and documented for a Discovery Channel series titled Mega Builders. Over 1,000 volunteer hours went into the project, aimed at homing dozens of species of sea life and attracting diving enthusiasts. The 737-275 was originally delivered to Pacific Western Airlines as C-GBPW (msn 20958) on January 13, 1975 and was also occasionally leased to America West Airlines as N128AW. The airframe would migrate to Canadian Airlines and Air Canada with the mergers, retaining its C-GBPW registration.
Frontier Airlines (2nd) (Denver) is planning to eliminate the short Colorado Springs-Denver route on March 2 according to Airline Route. The feeder route is operated by Republic Airlines (2nd) Embraer ERJ 190-100s.
Copyright Photo: Brian McDonough. Embraer ERJ 190-100 IGW N176HQ (msn 19000461) with Scooter, the Mountain Goat, on the tail, arrives at Washington (Reagan National).
Republic Airways Holdings Inc. (Indianapolis) and Caesars Entertainment Corporation (Las Vegas) has signed a three-year contract under which Republic’s Republic Airlines (2nd) (Indianapolis) subsidiary will operate five Embraer ERJ 190 aircraft to provide more than 1,500 flights annually for Caesars’ customers throughout the United States.
Copyright Photo: Michael B. Ing. Republic Airlines’ (2nd) Embraer ERJ 190-100 IGW N173HQ (msn 19000206) arrives at Los Angeles.
Embraer on October 10 reached a significant milestone, with the delivery of its 900th E-Jet, an ERJ 190-100 IGW to Kenya Airways (Nairobi) in a ceremony held at the company’s headquarters in Sao Jose dos Campos, Brazil.
Today, E-Jets are in service with more than 60 airlines from 40 countries with four different types of business models – mainline, low-cost carriers, regional application and most recently, with scheduled tour operator. The aircraft routinely fly long sectors over water and operate at some of the world’s most challenging airfields, like London City airport (LCY). The family also offers onboard entertainment systems, live satellite TV and radio, in seat power ports and Wi-Fi connectivity to the passengers.
Copyright Photo: Embraer.
Jetairfly (Jetairfly.com) (TUI Airlines Belgium) (subsidiary of TUI Travel PLC) (Brussels) will lease two Embraer ERJ 190 jets under an agreement with BOC Aviation (Singapore), an aircraft leasing company. The two ERJ 190s will be delivered in the first half of 2013.
Jetairfly’s ERJ 190s will be configured with 112 slim line seats in a single-class layout. The E-Jets will allow the airline to provide capacity more economically on lower-demand routes that are currently served by larger narrow-body equipment. The ERJ 190s are also intended to be deployed in winter markets where seasonal demand is better satisfied with 100-seat aircraft.
Jetairfly.com is a brand name of N.V. Jetair. Jetair is the Belgian branch of TUI Travel.
AviancaTaca Holding (Avianca Colombia and Taca Airlines) (Bogota) reported second quarter 2012 operating revenue of $1.0 billion, a 12.9% increase compared to the same period in 2011. This result is mainly due to a 12.9% increase in pax revenue fueled by an 11.6% increase in passenger traffic compared to the second quarter in 2011.
Capacity, measured in ASK (Available Seats per Kilometer), increased 9.6% in the second quarter of 2012 as a result of the ongoing growth and consolidation strategy of the 4 hubs (Bogota, Lima, San Salvador and San Jose, Costa Rica). During the second quarter the Company opened 5 new routes and added 19 flights to existing routes.
Load factor for the second quarter of 2012 remained unchanged at 77.7% compared to the same period last year.
Operating income in the second quarter of 2012 increased to $22.5 million, boosting operating income for the semester 19.3% compared to the year-earlier period to $70.7 million.
Net profit in the second quarter of 2012 increased 334.3% versus the same period in 2011 to $4.9 million, increasing net profit for the quarter to $40.1 million.
On June 21, 2012, Avianca and Taca Airlines officially joined the Star Alliance.
Copyright Photo: Brian McDonough. Embraer ERJ 190-100 IGW N936TA (msn 19000215) lands at Miami.
Frontier Airlines (2nd) (Denver) today announced new nonstop service between its Denver, Colorado (DEN), hub and Minot, North Dakota (MOT), with four weekly nonstop flights beginning on November 5, 2012.
Following is the schedule for Frontier’s Minot service:
Denver-MOT (beginning Nov. 5, 2012)
|DEN-MOT||11:25 a.m.||2:05 p.m.||Mon/Wed/Fri/Sun||E190|
|MOT-DEN||2:35 p.m.||3:35 p.m.||Mon/Wed/Fri/Sun||E190|
This new service will operate on 99-seat Embraer ER 190 aircraft operated by Republic Airlines (2nd).
In other news, the airline announced its new nonstop service between Fargo, North Dakota (FAR) and Denver, Colorado (DEN) will be starting service a week earlier than originally announced last week. Nonstop service between Denver and Fargo with three weekly nonstop flights will now begin on November 9, 2012.
Copyright Photo: Brian McDonough. Embraer ERJ 190-100 IGW N161HL (msn 19000154) with Clover, the Fawn, arrives at Washington (Reagan National).
Alitalia (2nd) is planning to resume Rome (Fiumicino)-Zurich service on October 29 per Airline Route.
Copyright Photo: Lucio Alfieri. Embraer ERJ 190-100LR EI-RNB prepares to taxi from the gate at Bologna.
Frontier Airlines (2nd) (Denver) will drop Wichita and the Wichita-Denver route on November 15 due to underperforming results. The route is operated by Republic Airlines (2nd) (Indianapolis).
Read the full report by Channel 12: CLICK HERE
Copyright Photo: Tony Storck. Embraer ERJ 190-100 IGW N163HQ (msn 19000255) with a Red Fox image on the tail arrives at Washington (Reagan National).
Avianca (Colombia) (Bogota) and TACA Airlines (San Salvador) yesterday (June 21) announced their official entry into the Star Alliance. The airline network is the world´s largest in terms of daily flights, route network, service excellence and number of airline members.
After two years of work in the approval process and with the adoption of the highest standards of operation and service, Avianca and TACA Airlines now offer passengers the opportunity to access this global network, which brings together 28 internationally renowned airlines. It operates more than 4,200 latest generation aircraft, servicing 21,500 daily flights to 1,356 airports in 193 countries.
Star Alliance, with 15 years of experience (since 1997) is recognized as the first truly global airline alliance. Consistent with its goal of offering customers worldwide the largest number of destinations and a great travel experience, it now offers exclusive services and assistance to frequent flyers in 990 airport lounges on all five continents. It has the support of nearly half a million employees in America, Europe, Asia, Africa and Australia.
The Alliance transports an average of 650 million passengers per year and has sales revenues of USD 160bn.
The combined Star Alliance network will provide Avianca and TACA Airlines an opportunity to strengthen their presence in Latin America and the Caribbean in general. Passengers of the global network can quickly and seamlessly fly to over 50 destinations in the region through Avianca and TACA Airlines Hubs in Bogota (Colombia), San Salvador (El Salvador), Lima (Peru) and San Jose (Costa Rica).
Top Copyright Photo: Jay Selman.
Bottom Copyright Photo: Brian McDonough.
US Airways Embraer ERJ 190-100 IGW N966UW (msn 19000206) CLT (Bruce Drum), originally uploaded by Airliners Gallery.
The National Civil Aviation Agency (Agência Nacional de Aviação Civil-ANAC) (Brasilia) has issued an airworthiness directive (AD) that will affect the operators of the Embraer ERJ 190.
According to this report by Bloomberg, the ERJ 190 will need more frequent fuselage inspections after tests turned up cracks that may indicate a structural flaw, according to ANAC.
Cracks were found after metal-fatigue checks in unspecified “structural components” could compromise the airframes’ integrity. ANAC has set a 90-day period starting on June 16 for all operators to comply with the new procedures.
Read the full report from Bloomberg: CLICK HERE
Copyright Photo: Bruce Drum. Please click on the photo for aircraft details.
Frontier Airlines (2nd) (Denver) announced new seasonal nonstop service between Kansas City International Airport (MCI) and Southwest Florida International Airport (RSW) in Fort Myers, Fla., the airline’s 15th nonstop destination from Kansas City.
Frontier will offer a once-weekly roundtrip flight beginning on December 18, 2010, and will increase service to two weekly roundtrip flights in February.
Republic Airlines (2nd) will operate a 99-seat Embraer ERJ 190 aircraft on this new route for Frontier.
Copyright Photo: James Helbock. Embraer ERJ 190-100 IGW N174HQ (msn 19000211) approaches Long Beach for landing.
Republic Airways Holdings (Indianapolis) announced today it has signed a Letter of Intent (LOI) with Embraer to acquire 24 new Embraer ERJ 190 aircraft with the option to convert any of the aircraft in the order to the larger Embraer 195 model. The LOI is subject to final documentation, including final commercial terms.
Under the agreement, deliveries would begin in mid 2011, with the first six aircraft arriving by the end of the year. The aircraft would be configured in a single-class arrangement and include stretch seating, a key on-board amenity offered in Republic’s branded operation. The Embraer 190 would offer 99 seats, while the E195 would be configured with 116 if Republic chose to convert any of the orders.
ALC (Air Lease Corporation) (Los Angeles), a newly formed aircraft leasing company led by Steven Udvar-Hazy, signed a Letter of Intent (LOI) for 15 Embraer ERJ 190 jets at the Farnborough International Air Show. Five of the 15 orders are re-confirmable, and the deal also includes five options, representing a potential sale of 20 aircraft.
TRIP Linhas Aereas Embraer ERJ 170-200LR (ERJ 175) PP-PJD (msn 17000017) SDU (AirSpeed), originally uploaded by Airliners Gallery.
TRIP Linhas Aéreas (Sao Paulo-Viracopos) announced the closing of a contract for the acquisition of two 106-seat Embraer ERJ 190 jets at the 47th Farnborough International Air Show for delivery in the second quarter of 2011.
TRIP currently operates six 86-seat Embraer ERJ 175 jets.
Copyright Photo: AirSpeed. One of the current TRIP Linhas Aereas Embraer ERJ 170-200LRs (ERJ 175) is this PP-PJD (msn 17000017) preparing for takeoff at Rio de Janeiro (Santos Dumont).
Flybe (Flybe.com) (Exeter) is the first airline from the United Kingdom to be able to fly in the new ash cloud standards approved by the CAA.
Read the full report:
Copyright Photo: Flybe’s Embraer ERJ 190-200LR (ERJ 195) G-FBEB (msn 19000057) taxies at a snow-covered Salzburg.
Frontier Airlines (2nd) (Denver) yesterday (May 14) launched new nonstop service between the carrier’s Denver hub and Fairbanks (FAI); Grand Rapids (GRR) and Long Beach (LGB). The carrier also launched new nonstop service between its Milwaukee hub and Seattle/Tacoma (SEA). The service is part of a 17-market expansion taking place this spring and summer, making Frontier the fastest-growing major carrier in the United States. Services will be operated by Frontier’s Airbus A318s and A319s and Republic Airlines’ Embraer ERJ 190s.
In the coming weeks, Frontier Airlines will launch service between Denver and both New Orleans and Santa Barbara, Calif. The carrier will also launch service from Kansas City, Mo. to New Orleans.
Copyright Photo: Republic Airlines’ Embraer ERJ 190-100 IGW N162HL (msn 19000231), dressed in Midwest’s retiring livery, arrives at Los Angeles while operating a Frontier flight.
JetBlue Airways (New York-JFK) will add Sarasota/Bradenton (its 37th destination) and the Boston-Sarasota/Bradenton route on November 18.
The addition of SRQ is part of a major expansion for the company at BOS this summer.
Key summer schedule highlights for BOS:
* Two additional daily flights to Chicago/O’Hare (for a total of three)
* Two additional daily flights to Charlotte (for a total of four)
* Two additional daily flights to Raleigh/Durham (for a total of three)
* One additional daily flight to Fort Lauderdale (for a total of four)
* One additional daily flight to Pittsburgh (for a total of three)
* One additional daily flight to San Diego (for a total of two)
* One additional daily flight to Washington/Dulles (for a total of seven)
* One new daily flight to San Jose, California (for a total of one)
* Four additional weekly flights to Santo Domingo, Dominican Republic (for a total of one daily)
* Three additional weekly flights to Aruba (for a total for four)
* Two additional weekly flights to Cancun, Mexico (for a total of three)
* Two new weekly flights to Punta Cana, Dominican Republic (for a total of two)
* One additional weekly flight to San Juan, Puerto Rico (for a total of 11)
Copyright Photo: Bruce Drum. Embraer ERJ 190-100 IGW N193JB (msn 19000017) climbs away from Fort Lauderdale/Hollywood.
Midwest Airlines (Milwaukee) today (February 25) announced the launch of nonstop service between Kansas City and both Columbus, OH and New Orleans.
Nonstop service to Columbus begins on May 3, 2010. New nonstops to New Orleans begins on May 20.
The branded service to Columbus will be provided by 99-seat Embraer ERJ 190 aircraft and service to New Orleans will be provided by 76-seat Embraer ERJ 170 aircraft both operated by Republic Airlines (2nd). Midwest Airlines is no longer an airline, only a brand.
Copyright Photo: Joe G. Walker. Republic Airlines’ (2nd) Embraer ERJ 190-100 IGW N162HL (msn 19000231) arrives at Seattle/Tacoma in Midwest Airlines colors while operating a Frontier Airlines (2nd) flight!