Monthly Archives: July 2018

WestJet reports second quarter net loss of $20.8 million

Delivered on June 21, 2018

WestJet today announced its second quarter results for 2018, with a net loss of $20.8 million, or $0.18 per fully diluted share. This result compares with net earnings of $48.6 million, or $0.41 per fully diluted share reported in the second quarter of 2017. Based on the trailing twelve months, the airline achieved a return on invested capital of 7.7 per cent, down from 9.8 per cent in the second quarter of 2017. Year-to-date, WestJet recorded net earnings of $16.4 million, or $0.14 per fully diluted share.

“The impact of the threat of industrial action, in combination with the dramatic increase in fuel price and competitive capacity provided particularly significant challenges in the second quarter.” Ed Sims, WestJet President and CEO. “While we are disappointed with these results, all WestJetters can take great satisfaction from the successful delivery of key strategic initiatives like Swoop and WestJet Link.”

Operating highlights (stated in Canadian dollars)

Q2 2018 Q2 2017 Change
Net earnings (loss) (millions) ($20.8) $48.6 (142.7%)
Diluted earnings (loss) per share ($0.18) $0.41 (143.9%)
Total revenue (millions) $1,087.6 $1,058.3 2.8%
Operating margin (2.5%) 7.4% (9.9 pts.)
ASMs (available seat miles) (billions) 7.922 7.564 4.7%
RPMs (revenue passenger miles) (billions) 6.646 6.260 6.2%
Load factor 83.9% 82.8% 1.1 pts.
Segment guests 6,276,226 5,908,876 6.2%
Yield (revenue per revenue passenger mile) (cents) 16.36 16.91 (3.2%)
RASM (revenue per available seat mile) (cents) 13.73 13.99 (1.9%)
CASM (cost per available seat mile) (cents) 14.08 12.95 8.7%
Fuel costs per litre (cents) 81 62 30.6%
CASM, excluding fuel and employee profit share (cents)* 10.30 9.88 4.3%
 *Refer to reconciliations in the accompanying tables for further information regarding calculations.

Dividend declaration
On July 30, 2018, WestJet’s Board of Directors declared a cash dividend of $0.14 per common voting share and variable voting share for the third quarter of 2018, to be paid on September 28, 2018, to shareholders of record on September 12, 2018. All dividends paid by WestJet are, pursuant to subsection 89(14) of the Income Tax Act, designated as eligible dividends, unless indicated otherwise. An eligible dividend paid to a Canadian resident is entitled to the enhanced dividend tax credit.

Top Copyright Photo (all others by WestJet): WestJet Airlines Boeing 737-8 MAX 8 C-FNWD (msn 60517) YYZ (TMK Photography). Image: 942710.

WestJet aircraft slide show:

 

Advertisements

Wizz Air announces two new routes from London Luton

Wizz Air  (Hungary) Airbus A321-231 WL HA-LXH (msn 7217) FRA (Paul Bannwarth). Image: 937147.

Wizz Air, one of Europe’s fastest growing airline groups including Wizz Air UK, has announced that it would further expand its London Luton base with a ninth Airbus A321 Airbus and expand its UK route network with two new routes from London Luton to the Portuguese capital of Lisbon and Ukraine’s second largest city, Kharkiv.

In addition, the new aircraft will see Wizz Air increasing the weekly flight frequency for three existing London Luton routes. Flights to Pristina, the capital of Kosovo, will increase from three to five a week; flights to the Albanian capital of Tirana will increase from three to four a week; and to Satu Mare in Romania from two to three a week.

The additional A321 Airbus at the London Luton base will bring Wizz Air’s total investment in its UK operations this year to almost $1 billion and will create additional jobs. Wizz Air’s local team in London Luton will have grown this year to more than 350 aviation professionals and support over 5,300 jobs on a yearly basis in supporting industries.

The new services announced bring the total number of new UK routes for 2018 to 19, and the number of new routes from London Luton to 14, including Larnaca, Tirana, Tallinn, Bratislava, Lviv, Athens, Keflavik, Eilat, Grenoble, Verona, Bari and Tromsø.

Currently the second largest operator at London Luton, 2018 has been a year of significant growth for Wizz Air’s local operations, with 7.17 million seats on sale on 53 services available from London Luton in 2018, representing a 20% increase year-on-year.

WIZZ AIR’S NEWEST ROUTES FROM LONDON LUTON AIRPORT:

 

Destination Operating Days Starts Fares From*
Lisbon, Portugal Daily 28 October 2018 £17.99*
Kharkiv, Ukraine Tuesday, Thursday, Saturday 13 November 2018 £17.99*

WIZZ AIR’S FREQUENCY INCREASES ON EXISTING LONDON LUTON ROUTES:

Destination Weekly Flights
Pristina, Kosovo 5 from 3
Tirana, Albania 4 from 3
Satu Mare 3 from 2

*One way including all taxes, non-optional charges and cabin bag

Top Copyright Photo: Wizz Air (Hungary) Airbus A321-231 WL HA-LXH (msn 7217) FRA (Paul Bannwarth). Image: 937147.

Wizz Air aircraft slide show:

First Ultra Long Range Airbus A350 XWB rolls out of paint shop

Airbus announced:

The first Ultra Long Range Airbus A350 XWB to be delivered to launch customer Singapore Airlines has rolled out of the paintshop in the carrier’s distinctive livery. Now at an advanced stage of production, the aircraft will undergo further testing before being delivered to the airline in the coming months.

Singapore Airlines has ordered seven A350-900 Ultra Long Range aircraft, and all of them are in various stages of assembly. The first aircraft to have flown has successfully completed its flight test programme, which focused on the redesigned fuel system. It is now being fitted with its cabin.

The airline will operate the aircraft on non-stop services from Singapore to the U.S. This includes flights between Singapore and New York, which will be the world’s longest commercial service, as well as on routes to Los Angeles and San Francisco.

The Ultra Long Range A350-900 is the latest variant of the best-selling A350 XWB Family, and will have an extended range of up to 9,700 nautical miles. This has been achieved by a modified fuel system, which increases the aircraft’s fuel carrying capacity by 24,000 litres without the need for additional fuel tanks.

With a maximum take-off weight (MTOW) of 280 tonnes, the Ultra Long Range A350 is capable of flying over 20 hours non-stop, combining the highest levels of passenger and crew comfort with unbeatable economics for such distances.

The A350 XWB is an all new family of widebody long-haul airliners shaping the future of air travel. The A350 XWB features the latest aerodynamic design, carbon fibre fuselage and wings, plus new fuel-efficient Rolls-Royce engines. Together, these latest technologies translate into unrivalled levels of operational efficiency, with a 25 percent reduction in fuel burn and emissions, and significantly lower maintenance costs. The A350 XWB features an Airspace by Airbus cabin, offering absolute well-being on board with the quietest twin-aisle cabin and new air systems.

At the end of June 2018, Airbus has recorded a total of 882 firm orders for the A350 XWB from 46 customers worldwide, already making it one of the most successful widebody aircraft ever.

Singapore Airlines is one of the largest customers for the A350 XWB Family, having ordered a total of 67 A350-900s, including the seven Ultra Long Range models. The carrier has already taken delivery of 21 A350-900s.

United Airlines announces new Washington Dulles – Miami service and expands to 33 new destinations in four months

United Airlines Airbus A319-131 N806UA (msn 788) LAX (Michael B. Ing). Image: 940040.

United Airlines today announced it will begin new daily service between its hub at Washington Dulles International Airport and Miami International Airport.

United is also increasing flying between its Washington Dulles hub and Orlando and Tampa. Beginning November 28, 2018, through January 6, 2019, United will increase to five daily flights to Orlando, and between December 26, 2018, through January 26, 2019, the airline will increase to four daily flights to Tampa.

From December19, 2018, through March 30, 2019, United will offer daily service between Washington Dulles and Miami and twice daily service during peak holiday travel, December 24, 2018, through January 6, 2019, with Airbus A319 aircraft (top).

In addition to its new service between Washington Dulles and Miami, United offers up to 16 daily flights to Miami from its hubs in Chicago, Denver, Houston, New York/Newark and San Francisco.

New Washington Dulles – Miami service begins Dec. 19

Depart

Time

Arrive

Time

Washington Dulles (IAD)

8:15 a.m.

Miami (MIA)

11:05 a.m.

Miami (MIA)

1:24 p.m.

Washington Dulles (IAD)

4:19 p.m.

Washington Dulles (IAD)

5:50 p.m.

Miami (MIA)

8:40 p.m.

Miami (MIA)

8:55 a.m.

Washington Dulles (IAD)

11:50 a.m.

This year, United has expanded service throughout Florida including Key West, Fort Lauderdale/Hollywood, Fort Myers, Orlando, Tampa, Sarasota/Bradenton and West Palm Beach from its hubs in Newark and Washington Dulles.

Boosting hub connectivity to domestic and international destinations

In the last four months, United has launched service to 33 destinations in 18 states from its domestic hubs. From each hub, the new flights offer customers hundreds of connection opportunities to destinations throughout the United States and to more than 110 international destinations in more than 50 countries around the world. In addition to new destinations, United has expanded service to more than 40 U.S. cities by adding either more flights or larger aircraft.

United’s new routes include:

United Hub

New Destination

Chicago (ORD)

Bismarck, ND (BIS)

Brownsville, TX (BRO)

El Paso, TX (ELP)

Fresno, CA (FAT)

Salina, KS (SLN)

Shenandoah, VA (SHD)

Wilmington, NC (ILM)

Denver (DEN)

Appleton, WI (ATW)

Jacksonville, FL (JAX)

Mammoth, CA (MMH)

Moab, UT (CNY)

Monterey, CA (MRY)

Norfolk, VA (ORF)

Prescott, AZ (PRC)

Vernal, UT (VEL)

Houston (IAH)

Akron-Canton, OH (CAK)

Dayton, OH (DAY)

Los Angeles (LAX)

Eureka, CA (ACV)

Glacier National Park/Kalispell, MT (FCA)

Mammoth, CA (MMH)

Medford, OR (MFR)

Missoula, MT (MSO)

Prescott, AZ (PRC)

Redmond, OR (RDM)

Sun Valley, ID (SUN)

Newark (EWR)

Elmira, NY (ELM)

Presque Isle, ME (PQI)

Rapid City, SD (RAP)

San Francisco (SFO)

Madison, WI (MSN)

Washington Dulles (IAD)

Lewisburg, WV (LWB)

Plattsburgh, NY (PBG)

Shenandoah, VA (SHD)

Wilmington, NC (ILM)

Top Copyright Photo (all others by United): United Airlines Airbus A319-131 N806UA (msn 788) LAX (Michael B. Ing). Image: 940040.

United Airlines aircraft slide show:

Five more trans-Pacific routes to feature Delta One suites and Delta Premium Select in 2019

Delta Air Lines has made this announcement:

More flights across the Pacific with more Delta One suites and Delta Premium Select seating are coming in 2019, bringing more luxury, comfort and choice to more Delta customers transiting the U.S., Japan and Australia.

As Delta takes delivery of additional A350-900 aircraft and refurbishes more 777-200ER and LR aircraft, customers will enjoy more flights to more destinations with the award-winning Delta One suite, the popular Delta Premium Select cabin and nine-abreast seating in the main cabin.

Here is where and when Delta customers can see new and refurbished aircraft on the five trans-Pacific routes, the latest example of the airline’s broad, ongoing efforts to transform the customer experience at all points of the journey:

Route (airport code) Aircraft (fleet code) Effective Dates
Minneapolis/St. Paul (MSP) – Tokyo-Haneda (HND) 777-200ER (7HD) Nov. 16 westbound; Nov. 17 eastbound
Atlanta (ATL) – Tokyo-Narita 777-200ER (7HD) March 1 westbound; March 2 eastbound
Seattle (SEA) – Tokyo-Narita A350-900 (359) March 1 westbound; March 2 eastbound
Los Angeles (LAX) – Tokyo-Haneda (HND) A350-900 (359) March 31 westbound; April 1 eastbound
Los Angeles (LAX) – Sydney (SYD) 777-200LR (7HB) Exact 2019 timing to be announced

Enhanced 777-200LR service between Los Angeles and Sydney will start in 2019; exact schedule details will be published at a later date. All Delta trans-Pacific departures from Los Angeles will feature the Delta One suite and Delta Premium Select as a result once fully implemented in 2019.

Delta will refurbish all eight of its 777-200ER and all ten of its 777-200LR aircraft and expects to have taken delivery of 13 A350s by the end of 2019.

Today, Delta offers the Delta One suite and Delta Premium Select on nonstop service from its Detroit hub to Tokyo-Narita, Seoul-Incheon, Shanghai, Beijing and Amsterdam; from Los Angeles to Shanghai and from Atlanta to Seoul-Incheon.

Etihad Airways to increase frequency to Canada

Etihad Airways Boeing 777-3FX ER A6-ETA (msn 34597) DUB (Rob Skinkis). Image: 932225.

Effective October 28, 2018, Etihad Airways will increase its flights from Abu Dhabi to Canada’s largest city, Toronto, from three to five weekly services.

 The flights will be operated by Boeing 777-300ER aircraft, featuring 40 seats in Business Class and 340 in Economy Class.

Etihad Airways inaugurated services to Toronto on October 2005, and since then the route has proved very successful for the airline, recording consistently strong demand to and from both cities.

Approximately 45,000 Canadian citizens reside in the UAE, with over 150 Canadian companies registered across the country. Citizens of both countries now enjoy visa-free entry for business and tourism on stays of up to six months.

Etihad Airways has a codeshare partnership in place with Air Canada, with the Canadian flag carrier placing its ‘AC’ code on Etihad services from Toronto to Abu Dhabi and from London Heathrow to Abu Dhabi. Under the agreement, Etihad Airways places its ‘EY’ code on Air Canada’s multiple daily services from Toronto to points across Canada including Montreal, Winnipeg, Saskatoon, St.Johns, Halifax, Regina, and Fort McMurray.

The additional frequencies will also benefit Etihad Cargo customers who can expect greater schedule flexibility and a 60 per cent cargo capacity increase on the route.

Abu Dhabi – Toronto schedule:

Effective 28 October 2018 (Timings local):

Flight No.

Origin

Departs

Dest

Arrives

Aircraft

Freq

EY141

Abu Dhabi

10:05

Toronto

16:30

Boeing 777-300ER

Tue, Thu, Fri, Sat, Sun

EY140

Toronto

22:55

Abu Dhabi

19:40+1

Boeing 777-300ER

Tue, Thu, Fri, Sat, Sun

 

 

 

 

 

In other news, effective October 3, 2018, Etihad Airways will introduce the Boeing 787-9 Dreamliner on its scheduled services from Abu Dhabi to Rabat, capital of the Kingdom of Morocco, replacing the Airbus A330-300 currently serving the route. 

The introduction of the technologically advanced aircraft on Rabat services is a further boost to its presence in the Moroccan market. On May 1, 2018, the airline placed the 787 Dreamliner on its daily flights to the kingdom’s commercial hub, Casablanca.

Etihad Airways’ three-class version of the Boeing 787-9 Dreamliner features 8 private First Suites, 28 Business Studios and 199 Economy Smart Seats.

To meet summer peak travel demand, Etihad Airways recently added a third weekly service to Rabat, operating every Saturday until September 29. The extra flight provides more choice to the increasing number of point-to-point business and leisure travellers between both cities.

Etihad Airways has been serving Rabat since January 2016, providing the only long-haul link from the city, and the only service operated by the 787 Dreamliner.

Etihad Airways has had a codeshare partnership in place with Royal Air Maroc (RAM) since May 2007, with the Moroccan flag carrier placing its ‘AT’ code on Etihad services from Abu Dhabi to both Rabat and Casablanca.

Under the agreement, Etihad Airways places its ‘EY’ code on Royal Air Maroc’s services from Casablanca to Agadir, Marrakech and Tangier, and pending government approvals, from Casablanca to Abidjan in Ivory Coast, Conakry in Guinea, and Dakar in Senegal.

Abu Dhabi – Rabat schedule:

Effective October 3, 2018 (Timings local):

Flight No.

Origin

Departs

Dest

Arrives

Aircraft

Freq

EY615

Abu Dhabi

10:40

Rabat

16:00

Boeing 787-9

Wednesday, Friday

EY616

Rabat

19:40

Abu Dhabi

06:20+1

Boeing 787-9

Wednesday, Friday

Top Copyright Photo (all others by Etihad): Etihad Airways Boeing 777-3FX ER A6-ETA (msn 34597) DUB (Rob Skinkis). Image: 932225.

Etihad Airways aircraft slide show:

Saudia reports 17 million passengers in the first half, an 8% increase

Saudia (Saudi Arabian Airlines) Boeing 777-300 ER HZ-AK43 (msn 62763) (Green Falcons - Saudi Arabia football team) LAX (Ron Monroe). Image: 942503.

Saudi Arabian Airlines (Saudia), the national flag carrier of Saudi Arabia, achieved significant growth in terms of the number of guest numbers and flights during the first half of 2018.half of 2018

The airline carried approximately 17 million passengers across its domestic and international network. As a result, the carrier’s passenger rate increased by 8% and overall, the number of flights increased by 4%, compared to the same period in 2017.

Passenger traffic grew by 3.7% for domestic and international passenger numbers grew by 12%.

Saudia’s operating performance has recorded ongoing growth in line with the objectives and initiatives of the SV2020 Transformation Program, which was launched in mid- 2015.

These initiatives altogether form the largest program in the history of the airline, which is aimed at growing the carrier’s fleet to reach (200) airplanes by the end of 2020, as well as introducing a new range of product and services enhancements.

In less than three years, Saudia received more than 70 brand new state-of-the-art aircraft.

The introduction of new aircraft in the Saudia fleet has contributed to the airline reaching its strategic objectives, by adding seat capacity on domestic sectors, as well as expanding its international operations.

Saudia has grown its flight network this year to operate new nonstop flights to a mix of business and leisure international destinations (Vienna, Moscow, Malaga and Izmir).

Saudi Arabian Airlines Director General His Excellency Eng. Saleh bin Nasser Al-Jasser said that the carrier continued to achieve an increase in growth rates in its operating flights during the first half of 2018, which reflects the overall growth in the airline and subsidiary companies and strategic business units.

He added: “The operating performance outlined in the H1 annual report is issued at a time when Saudia is implementing its largest operating plan for the Summer season, which commenced on 23 Ramadan and that it will continue to 27 Dhu al-Hijjah next year. Furthermore, this plan includes running more than 56 thousand scheduled flights in both domestic and international flight sectors, with a seat capacity of more than 12 million. It is also worth highlighting that this plan includes the Hajj and Umrah flights, as well as other flights.”

Eng. Saleh Al-Jasser noted that the introduction of new aircraft to the fleet and operating the fleet at optimal levels have played a key role in supporting the operating plan of the carrier during the current high season. He added that increasing capacity in the domestic market has been a continued focus; ensuring seats are available for a growing traveler base.

Moreover, he stated that Saudia’s fleet is growing substantially (double-digits in a single year), and as a result, flies one of the youngest fleets in the skies.

Al-Jasser added: “Overall, connectivity and access to markets has increasingly become ever-important for trade and tourism. The growth of business opportunities and leisure travel – within the Kingdom and beyond – has been a core driver to offer our guests additional flight choices, with convenient journey times.
Mr. Al-Jasser reinforced that that the national carrier will continue working towards achieving operational performance, such as On-Time-Performance and increasing guest numbers by the end of 2018.

He praised the efforts of all teams across the company and strategic business units of Saudi Arabian Airlines, saying that they have contributed to SAUDIA’s growth. He also affirmed that the airline is planning to continue growing capacity on existing and new routes, in addition to adding new products and services.

The carrier is committed to further developing the aviation industry in the Kingdom, as aviation is one of the Kingdom’s Vision 2030’s focus points for development and investment.

In 2017 the airline carried more than 32 million passengers, registered over 200,000 flights and traveled more than 320 million kilometers. The airline grew its international transit traffic figures by double-digits over last year’s figures, and added 30 new aircraft to its fleet in a single year.

Saudia joined the SkyTeam alliance in 2012 and is one of 20 member airlines.

The airline has 11 codeshare partners including: Garuda Indonesia, China Southern Airlines, Air France, Royal Air Maroc, Alitalia, Korean Airlines, KLM, Middle East Airlines, Aeroflot, Air Europa and Oman Air.

Top Copyright Photo: Saudia (Saudi Arabian Airlines) Boeing 777-300 ER HZ-AK43 (msn 62763) (Green Falcons – Saudi Arabia football team) LAX (Ron Monroe). Image: 942503.

Saudia aircraft slide show: