Tag Archives: Hamburg

Volaris takes delivery of its first Airbus A321, reports a 1Q net profit of $19.8 million

Volaris (Mexico City) on April 22 took delivery of its first Airbus A321-200. The pictured A321-231 D-AZAN (msn 6558) at Hamburg (Finkenwerder) was leased as XA-VLH from ALC. The low-fare airline has another copy on order. Volaris is now an operator of the A319, A320 and the A321.

On the financial side, the company reported its first quarter results with this report:

Volaris logo-1

First Quarter 2015 Highlights

Total operating revenues were Ps.3,768 million for the first quarter, an increase of 35.8% year over year.

Non-ticket revenues increased 64.6% for the first quarter year over year. Non-ticket revenue per passenger increased 41.6%, reaching Ps.337 (US$22) for the first quarter.

Total operating revenue per available seat mile (TRASM) increased to Ps.123.8 cents for the first quarter, an increase of 22.4% year over year.

Operating expenses per available seat mile (CASM) decreased 5.5% for the first quarter year over year to Ps.112.5 cents (US$7.4 cents). CASM expressed in US cents decreased 18.4% for the first quarter year over year.

Adjusted EBITDAR for the first quarter was Ps.1,204 million, a Ps.1 billion increase year over year with an Adjusted EBITDAR margin of 32.0%, a margin increase of 26.1 percentage points.
EBIT reached Ps.346 million with an operating margin of 9.2% for the first quarter, a margin improvement of 26.8 percentage points.

Net income was Ps.306 million ($19.8 million) (Ps.0.30 per share / US$0.20 per ADS) with a net margin of 8.1% for the first quarter, a net margin improvement of 21.4 percentage points.

During the first quarter the net increase of cash and cash equivalents was Ps.862 million mainly driven by the resources provided by operating activities of Ps.949 million. Unrestricted cash and cash equivalents was Ps.3,156 million (US$208 million), representing 21% of the last twelve month total revenues.

Volaris´ CEO Enrique Beltranena commented: “Volaris’ strong performance for the first three months of 2015 are evidence of the hard work and excellent execution to improve financial performance following a very challenging year. We continue to diversify our network and strengthen our unbundled product strategy, increasing our international presence and growing non-ticket revenues while maintaining cost discipline. We are committed to continue building solid foundations towards a strong and profitable 2015″.

Improving Macroeconomic Environment

The Mexican macroeconomic environment:
GDP growth for the full year 2014 was 2.1%.
Consumer confidence increased 7.8%, 6.8% and 4.8% year over year in January, February and March of 2015, respectively.
The Mexican General Economic Activity Indicator (IGAE) increased 2.0% year over year in January of 2015.

Exchange rate volatility: The Mexican peso depreciated 12.8% year over year against the US dollar, as the exchange rate devalued from an average of Ps.13.23 pesos per US dollar in the first quarter of 2014 to Ps.14.93 pesos per US dollar during the first quarter of 2015.

Lower fuel prices: The average economic fuel cost per gallon decreased 27.1% year over year in the first quarter of 2015, reaching Ps.29.7 (US$1.96) per gallon.

Focus on Network Diversification and Revenue Management Results in Unit Revenue Improvement

Unit revenue improvement and capacity management: TRASM and yield increased 22.4% and 17.5% for the first quarter year over year, respectively, as a result of a recuperating domestic fare environment and solid international fare environment. Domestic capacity increased 4.0%, reflecting capacity discipline and supporting yield recovery, while international capacity increased 31.4%.

Non-ticket revenues growth: Non-ticket revenues per passenger increased 41.6% year over year for the first quarter as Volaris continues to observe a customer acceptance of its ancillary revenue strategy. This growth is mainly driven by improved ancillary bundles and revenue management of bag and seat fees, as well as new product offerings.

Air traffic volume increase: The Mexican DGAC reported an overall passenger increase for Mexican carriers of 9.2% for January and February 2015. Volaris’ market share among Mexican carriers increased to 23.9% in both domestic and international markets, the second largest share among them.

New routes launch: In the first quarter, Volaris opened five routes (four domestic and one international), focusing on its VFR customer base, both in the domestic and the Mexico-US cross-border market.

First Quarter Operating Revenues: Managing Capacity for Profitability Results in Solid Traffic and Revenue Indicators

Volaris booked 2.5 million passengers in the first quarter 2015, a 16.2% year over year growth rate. Volaris traffic (measured in terms of revenue passenger miles, or RPMs) increased 10.0%.

Volaris’ total operating revenues were Ps.3,768 million in the first quarter, an increase of 35.8% year over year. Non-ticket revenues and non-ticket revenue per passenger reached Ps.846 million and Ps.337 (US$22), respectively. Non-ticket revenues per passenger increased 41.6%.

Maintaining Cost Discipline: Fuel Savings Combined With Other Efficiencies

CASM for the first quarter 2015 was Ps.112.5 cents (US$7.4 cents), a 5.5% decrease compared to the first quarter of 2014, mainly driven by a lower fuel price per gallon and efficiencies achieved in landing, take-off and navigation expenses, salaries and benefits. On a US dollar basis, CASM in the first quarter decreased 18.4% compared to the same period in 2014.

In the first quarter, Volaris experienced pressures in US-dollar denominated costs such as aircraft rents, international airport costs, and maintenance expenses due to the exchange rate depreciation of the Mexican peso.

Young and Fuel Efficient Fleet

As of March 31, 2015, the Company´s fleet was comprised of 51 aircraft (33 A320s and 18 A319s), with an average age of 4.5 years. Volaris expects to end 2015 with 55 aircraft, including our first two A321s which will be entering the fleet during the second quarter of the year.

Positive Cash Flow Generation, Strong Balance Sheet and Good Liquidity

During the first quarter the net increase of cash and cash equivalents was Ps.862 million mainly driven by the resources provided by operating activities of Ps.949 million.

As of March 31, 2015, Volaris had a record balance of Ps.3,156 million in unrestricted cash and cash equivalents, representing 21% of the last twelve month operating revenues. Volaris recorded negative net debt (or a positive net cash position) of Ps.1,900 million and total equity reached Ps.4,806 million.

During the first quarter of 2015, Volaris incurred capital expenditures of Ps.50 million, which included acquisitions of rotable spare parts, furniture and equipment of Ps.61 million, partially offset by reimbursements of net pre-delivery payments of Ps.11 million.

Active in Fuel Risk Management

Volaris has continued to remain active in its fuel risk management program with a combination of financial instruments including Jet Fuel swaps and purchase of call options. In the first quarter Volaris hedged 29% of fuel consumption at an average price of US$2.53 per gallon, which combined with the 71% unhedged consumption, resulted in a blended average economic fuel cost of US$1.96 per gallon for the quarter.

Copyright Photo: Gerd Beilfuss/AirlinersGallery.com. As of March 31, 2015, the Company´s fleet was comprised of 51 aircraft (33 A320s and 18 A319s), with an average age of 4.5 years. Volaris expects to end 2015 with 55 aircraft, including the first two A321s.

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easyJet celebrates the delivery of its 250th Airbus aircraft

EasyJet (UK) A320-200 D-AVVL (G-EZOL)(15-250 Airbus)(Tko) XFW (Airbus)(LRW)

EasyJet (UK) (stylized as easyJet)  (London-Luton) and Airbus celebrated their successful partnership yesterday (April 22) at a ceremony in Hamburg (Finkenwerder) to mark the delivery the airline’s 250th Airbus A320 family aircraft. Carolyn McCall, easyJet CEO, Jean-Paul Ebanga, CFM International President and CEO, Didier Evrard, Airbus EVP and Head of Programs, and Christopher Buckley, Airbus EVP Europe, Africa and Asia-Pacific were present at the event.

To celebrate the 250th delivery, easyJet unveiled its newest A320 with a unique livery featuring 250 miniature aircraft (below). As with other recent deliveries to easyJet, the A320 is equipped with the latest technology and fuel-saving Sharklets.

EasyJet (UK) A320-200 D-AVVL (G-EZOL)(15-250 Airbus)(Tail) XFW (Airbus)(LRW)

The airline flies 234 aircraft on more than 750 routes to over 130 airports across 33 countries.
easyJet operates Europe’s largest and the world’s fourth largest Airbus single aisle fleet. Since easyJet took delivery of its first Airbus aircraft (an A319) in September 2003, Airbus has delivered an aircraft on average every 16 days since the first delivery

EasyJet has 158 aircraft currently on order, and in terms of total aircraft orders is Airbus’ third biggest airline customer. Currently easyJet fly a fleet of 85 A320s (180 seats) and 149 A319s (156 seats).

Photos: Airbus. The pictured Airbus A320-214 D-AVVL (msn 6572) with the special emblems became G-EZOL on the handover on April 22.

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Airbus celebrates the delivery of the 9,000th aircraft, the first A321 for VietJetAir

Airbus (Toulouse) has issued this statement and graph:

Airbus has celebrated the delivery of its 9000th aircraft at a ceremony in Hamburg, Germany on March 20, 2015. The aircraft is the first A321 to be delivered to Vietnamese carrier VietJetAir (Ho Chi Minh City) and will join the carrier’s all-Airbus A320 Family fleet flying on its fast-growing Asia-Pacific network.

VietJetAir first took to the skies at the end of 2011 and now operates a fleet of 22 A320 Family aircraft on a network covering Vietnam and a growing number of destinations across Asia. The A321 delivered today is the first of seven ordered by the airline as part of a major aircraft acquisition plan for up to 100 A320 Family aircraft announced in early 2014.

The 9000th delivery comes less than two years after Airbus reached its last milestone of 8000 aircraft-delivered in August 2013. Over the last 10 years, Airbus has doubled its deliveries to reach over 600 aircraft a year today – a figure that is set to rise further as the demand grows.

Top Copyright Photo: Gerd Beilfuss/AirlinersGallery.com. VietJetAir (VietJetAir.com) Airbus A321-211 D-AZAK (msn 5295) became VN-A651 on the handover.

Below Photo: Airbus. Airbus added special markings on the handover.

VietJetAir.com A321-200 WL VN-A651 (11-9000th Airbus Aircraft)(Nose)(Airbus)(LR)

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Airbus Deliveries Graph 3.2015 (Airbus)(LRW)

The new Eurowings to fly to Puerto Plata, Dominican Republic

Lufthansa Group (Frankfurt) has issued this statement about additional long-range routes for the new Eurowings:

The new Eurowings is further expanding its long-haul routes. Starting this winter, Eurowings customers will be able to fly to another attractive long-haul destination. The first flight from Cologne/Bonn to Puerto Plata in the Caribbean will take off on November 7, 2015. Flights will depart from Cologne/Bonn once a week, on Saturdays. The port city of Puerto Plata is situated on the northern coast of the Dominican Republic.

Eurowings is also increasing its number of flights to Dubai and Punta Cana in the Dominican Republic. Due to strong demand, the new Eurowings will fly to Punta Cana three times a week from November 7, 2015. There will now also be three flights a week to Dubai from December 17, 2015.

The expansion means that the new Eurowings will now offer a total of six long-haul destinations in the winter season.

Copyright Photo: Gerd Beilfuss/AirlinersGallery.com. The first aircraft to be repainted is Airbus A320-214 D-AIZQ (msn 5497).

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ECAir opens a new route to Bamako and Dakar

ECAir – Equatorial Congo Airlines (Brazzaville, Republic of the Congo) has announced it will inaugurate a new route from Brazzaville to Bamako and Dakar starting on Sunday, March 22.

Bamako (Republic of Mali) and Dakar (Republic of Senegal) are two major capital cities in West Africa. The new service will operate three times a week (Tuesday, Thursday and Sunday from Brazzaville, Wednesday, Friday, Monday from Dakar and Bamako).

Flights to Bamako and Dakar will be operated by Boeing 757-200 aircraft, with a capacity of 148 seats (16 in Business and 132 in Economy) until June 1, then with Boeing 737-700 (12 seats in Business and 112 seats Economy) aircraft.

Equatorial Congo Airlines already serves on the regional network, Cotonou (Benin), Douala (Cameroon), Libreville (Gabon) and Kinshasa (DRC).

Equatorial Congo Airlines since February 2, 2015 connects Brazzaville with Paris and Brazzaville with a daily flight to Dubai.

ECAir logo (LRW)

The ECAir fleet:

1 Boeing 757-200 (HB-JJE), Rivière Sangua. Acquired in May 2013 and whose first commercial flight took place on November 28, 2013. 148 seats including 16 in Business Class and 132 in Economy Class.

1 Boeing 757-200 (HB-JJD), Fleuve Congo. Acquired in March 2012 and whose first commercial flight took place on September 14, 2012. 148 seats including 16 in Business Class and 132 in Economy Class.

1 Boeing 737-300 (HB-JJC), Rivière Alima. Acquired in January 2012 and whose first commercial flight took place on February 1, 2012. 120 seats including 12 in Business Class and 108 in Economy Class

1 Boeing 737-300 (HB-JJB), Rivière Kouilou. Its first commercial flight took place on September 24, 2011. 120 seats including 12 in Business Class and 108 in Economy Class

1 Boeing B 737-700 (HB-JJH), Rivière Niari Acquired in May 2014. 126 seats including 12 in Business Class

1 Beechcraft 90. 5 seats (private aviation – air taxi)

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Copyright Photo: Gerd Beilfuss/AirlinersGallery.com (all others by ECAir). Operated by PrivatAir, ex-British Airways Boeing 757-236 HB-JJD (msn 25807) touches down in Hamburg.

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VLM expands again with new routes, from Ireland to Italy

VLM Airlines (Antwerp) is expanding again. As previously reported, the carrier will start Rotterdam-Hamburg flights on April 13 and Antwerp-Hamburg service on April 20.

This will now be followed on April 27 with new routes from Birmingham and London (Luton) to Waterford, Ireland.

Starting on May 1 the newly revitalized airline will add four new routes from Liege, namely to Avignon, Bologna, Nice and Venice.

Copyright Photo: Ton Jochems/AirlinersGallery.com. Fokker F.27 Mk. 050 (Fokker 50) OO-VLX (msn 20177) sits at Rotterdam between flights.

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Expanding VLM Airlines Route Map:

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VLM 3.2015 Route Map

Eurowings outlines its first intercontinental routes, will be operated SunExpress Germany

Lufthansa Group (Frankfurt) details the first long-range routes for the new Eurowings:

The new Eurowings will fly from October 25, 2015 on its new intercontinental flights  from Cologne/Bonn Airport. The first flights will take off to the Caribbean, Dubai and Thailand.
The new Eurowings is building on the successful Germanwings concept, which is positioned as an innovative quality low-cost airline and “low-cost” brand in Germany and Europe.

The new routes will include Dubai, the Thai cities of Bangkok and Phuket, as well as the Caribbean destinations of Varadero, Cuba and Punta Cana, Dominican Republic.

The new Eurowings routes will be flown by Airbus A330-200s. From the coming winter season onwards, the fleet will initially consist of two aircraft and will be expanded to a total of seven Airbus A330s.

SunExpress Deutschland (SunExpress Germany), a joint venture of Lufthansa (Frankfurt) and Turkish Airlines (Istanbul), will operate the long-haul route aircraft on behalf of the new Eurowings with its own cockpit and cabin personnel.

Vienna has now been chosen as the first location outside of Germany as a new Eurowings base.

Initially two Airbus A320s will be put into operation on European routes in the first step of the expansion.

The fares will correspond to Germanwings’ popular “fly à la carte” principle, which was successfully introduced in 2013. The fares BEST, SMART and BASIC, which have been extremely popular with passengers, will also be used by the new Eurowings. The fare classes include various levels of services and service packages.

The BEST fare is offered to the most demanding private customers who value comfort and exclusiveness. This offer includes comfortable seating in an extra-wide seat with lots of leg-room in the exclusive forward cabin area. The BEST fare also includes two free items of luggage each of up to 23 kg, à la carte menus on board, priority check-in, lounge access and the chance to collect miles (including HON Circle miles).

The cheaper SMART fare includes extra services such as one piece of luggage of up to 23 kg, two meals and soft drinks on board, as well as the chance to collect miles.

The BASIC fare offers a straightforward travel experience at a reasonable price, to which further services can be added on an individual basis.

On long-haul routes, the new Eurowings offers three attractive options. The exclusive BEST area comprises the first three seating rows and offers the latest ZIM seats. These seats correspond to the new Lufthansa premium economy class model, which offers seat pitch of 115 cm, has a backrest that can be adjusted by up to 20 cm, allows a 130° angle, and offers every guest their own armrest as well as comfortable leg and foot rests. Economy tickets can be booked with both SMART and BASIC fares. The “More Comfort” option, which can be booked as an add-on, offers seats with greater seat pitch along with a blanket and a pillow. State-of-the-art in-flight entertainment is offered on all intercontinental flights across all fares, which can be enjoyed both on screens in the backrest of the seat in front as well as on passengers’ own electronic devices such as notebook computers, tablets and smartphones. All long-haul aircrafts will also have Wi-Fi on board.

On routes within Germany and on routes throughout Europe, the existing Eurowings fleet will gradually be replaced from the beginning of 2015 by aircraft in the new Eurowings livery (above). The 23 Bombardier CRJ900s operated until now will also be replaced by Airbus A320s.

Copyright Photo: Gerd Beilfuss/AirlinersGallery.com. The first Airbus A320, the pictured A320-214 D-AIZQ (msn 5497) in new livery flew on February 1, 2015 from Hamburg to Prague.

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