Turkish Airlines (Turk Hava Yollari) (Istanbul) slipped into the red when it reported a second quarter net loss of $126 million.
Read the full report from Bloomberg: CLICK HERE
Copyright Photo: James Helbock. THY is getting ready to accept its first Boeing 737-900 ER. Please click on the photo for the full details.
Finncomm Airlines (Finnish Commuter Airlines) (Helsinki) was acquired by Flybe (Exter) and Finnair (Helsinki) on August 18. The new entity will be rebranded as Flybe Nordic (flybe.fi) on October 30, 2011.
Flybe now holds a 60 percent majority stake in Flybe Nordic, holding a 60 percent stake, with Finnair holding the remaining 40 percent. Flybe will have three seats on the new airline’s board of directors with Finnair having the other two.
The new owners have announced Flybe Nordics’s expanded route network. The expansion features a total of 24 regional routes offering a choice of up to 416 flights a week. This includes all existing routes previously operated by Finncomm together with the addition of nine brand new routes.
This extended program features four new routes from Helsinki, four from key regional cities in Finland and one between Sweden’s Stockholm Bromma airport and Estonia’s capital city, Tallinn. Four of the new routes offer multiple daily frequencies each with a choice of up to three flights a day.
The nine new routes are as follows:
Helsinki — Mariehamn, Aland (twice daily)
Helsinki – Tartu, Estonia (6 times per week)
Helsinki – Trondheim, Norway (4 per week)
Helsinki – Umea, Sweden (4 per week)
Tampere – Tallinn, Estonia (three times daily)
Turku – Tallinn* (twice daily)
Vaasa – Tallinn* (6 per week)
Oulu – Tallinn* (6 per week)
Tallinn – Stockholm Bromma, Sweden (three flights daily)
*Flights start November 14, 2011.
Copyright Photo: Yannick Delamarre.
Finncomm Slide Show: CLICK HERE
World Airways (Atlanta), a subsidiary of Global Aviation Holdings Inc., has reached an agreement with Asiana Airlines (Seoul-Incheon) to operate one Boeing 747-400F freighter on a full-time basis beginning in September 2011. World will provide additional capacity for Asiana’s cargo network, connecting its hub at Incheon International Airport near Seoul, South Korea, with West Coast markets in the United States.
Copyright Photo: Gunter Mayer.
Virgin America (San Francisco) has announced a new destination in Mexico effective on December 2, 2011. Virgin America will add new nonstop flights from San Francisco International Airport (SFO) to Puerto Vallarta International Airport (PVR).
To mark its expansion to its third Mexican destination and to celebrate Puerto Vallarta’s roots as an animal sanctuary, the carrier has launched a “No Chihuahua Left Behind” fare sale in support of its ongoing Chihuahua rescue and airlift efforts.
Virgin America Slide Show: CLICK HERE
Copyright Photo: TMK Photography.
Boeing (Chicago) has unveiled the 737 MAX, the name of the new engine variant of the market-leading 737 launched yesterday (August 30).
The new family of aircraft – 737 MAX 7, 737 MAX 8 and 737 MAX 9 – builds on the strengths of the Next-Generation 737 according to the manufacturer.
The Boeing Company’s board of directors approved the launch of the new engine variant of the market-leading 737, based on order commitments for 496 airplanes from five airlines and a strong business case.
The new 737 family will be powered by CFM International LEAP-1B engines optimized for the 737. It will have the lowest operating costs in the single-aisle segment with a 7 percent advantage over the competition. Deliveries are scheduled to begin in 2017.
When compared to a fleet of 100 of today’s most fuel-efficient airplanes, this new model will emit 277,000 fewer tons of CO2 and save nearly 175 million pounds of fuel per year, which translates into $85 million in cost savings. The airplane’s fuel burn is expected to be 16 percent lower than our competitor’s current offering and 4 percent lower than their future offering.
Boeing has named Bob Feldmann vice president and general manager of the new engine 737 family. With 35 years of aerospace experience, Feldmann most recently led the Surveillance and Engagement division within Boeing Military Aircraft, a unit of Boeing Defense, Space & Security that includes several commercial derivative programs based on the 737 platform. He has been instrumental in leading the successful development of complex programs such as the EA-18G Growler and the P-8A Poseidon.
According to Boeing, “the Boeing Sky Interior will continue to offer maximum passenger comfort. Boeing will call the new option the 737 MAX because it optimizes everything we and our customers have learned about designing, building, maintaining and operating the world’s best single-aisle airplane.”
More information about 737 MAX is available at www.newairplane.com and in this video:http://www.youtube.com/watch?v=i_kKD6g53AA
Alaska Airlines (Seattle/Tacoma) has announced that it would expand its schedule starting daily, nonstop service from Oakland and San Jose, California, to Lihue, on the island of Kauai, and Kona, on the Big Island of Hawaii starting on March 12, 2012.
The airline has previously served the markets with three flights a week between San Jose and Lihue and between Oakland and Kona and four flights a week from San Jose to Kona and Oakland to Lihue.
Copyright Photo: Bruce Drum.
Czech Airlines-CSA (Prague) has announced it will end all service to Belgrade (served since 1946), Tel Aviv, Venice and Zurich. The airline is reorganizing and is cutting underperforming routes.
Read the full story from Balkans.com: CLICK HERE
Copyright Photo: Ole Simon. Please click on the photo for additional information.
easyJet (London-Luton) according to this report by the Liverpool Daily Post, is considering its first stock dividend payout to appease majority stakeholder and founder Stelios Haji-Ioannou.
Stelios and his family own 38 percent of the stock and has been critical of the management.
Read the full article: CLICK HERE
Copyright Photo: Paul Denton. Please click on the photo for additional information.
Southwest Airlines’ (Dallas) CEO Gary Kelly, according to this article by Flightglobal, told the attendees at the International Aviation Forecast Summit (hosted by the Boyd Group) that the Boeing 717 does not “bring any unique benefit that Southwest cannot get with the 737”.
Kelly stated to the audience, “the 717 is roughly the same size and offers close to same economics as the 737-500s the carrier operates”.
AirTran currently operates 88 Boeing 717-200s and was acquired by Southwest.
Read the full article: CLICK HERE
Copyright Photo: Tony Storck. These special color schemes are likely to be one of the first casualties if the 717 fleet is downsized and later phased out. Click on the photo for additional information.
Frontier Airlines (2nd) (Denver) has announced that it has reached a multi-year agreement to provide Apple Vacations charter flights from the United States to international destinations.
The first year of the agreement calls for Frontier to provide charter flights from cities in the Midwest and Northeast to five Mexican, Central American and Caribbean destinations. Apple Vacations destinations served by the Frontier charters will include Cancun, Mexico (CUN); Huatulco, Mexico (HUX); Liberia, Costa Rica (LIR); Montego Bay, Jamaica (MBJ); and Punta Cana, Dominican Republic (PUJ).
Frontier will use Airbus A319 and A320 aircraft for the charters – which will begin on December 15 of this year. At peak this winter, Frontier will have nine aircraft servicing the business on weekends and up to five aircraft during the week.
Visit on new website: CLICK HERE
Copyright Photo: Brian McDonough. Please click on the photo for additional information on Frontier.