Air Lease Corporation (AL) announced long term lease agreements with Air Mauritius for two new Airbus A330-900neo aircraft, outfitted with latest-generation Rolls-Royce Trent 7000 engines. The aircraft are from ALC’s order book with Airbus and are scheduled to deliver in September and October 2018.
Copyright Photo: Bernhard Ross/AirlinersGallery.com
Air Mauritius (Port Louis, Mauritius), the flag carrier of Mauritius has decided to expand and modernize its long-haul fleet with a Memorandum of Understanding (MOU) for four Airbus A350-900 aircraft. The agreement was announced during the Farnborough International Airshow 2014. The airline has also announced that it is leasing two more A350-900s. The 6 A350 XWB will be operated on European, Asian and Australian routes.
Air Mauritius currently operates ten Airbus aircraft including two A330-200s and two A319s.
The A350 XWB is Airbus’ all-new mid-size long-range product line comprising three versions offering from 276 to 369 seats.
Air Mauritius (Port Louis, Mauritius) posted a net profit of €7.3 million ($9.9 million) for its fiscal financial year ending on March 31, 2014.
These positive results marked the return to profit of the national airline over a full financial year after two consecutive loss making years.
Air Mauritius has benefitted from its transformation program named “7 Step Plan” which was launched in February 2012. This program, which is on-going, encompasses four “Recovery Steps” and three “Game Changers”. The former relate to our network and fleet, commercial and revenue management, cash improvement and asset rationalization. According to the carrier, “The Game Changers aim at ensuring long term sustainability and involve re-fleeting, improving quality of service and harnessing our human capital.”
“Re-balancing growth to emerging markets was further strengthened during financial year 2012-13. Air Mauritius has rationalized its network and now offers more choice and flexibility to its passengers by serving hubs while flying directly to 20 destinations in Europe, Asia, Africa, Australia and the South West Indian Ocean region. We have also reinforced our gateways to Africa, Asia and Australia while concentrating our network around hubs in Paris, Kuala Lumpur, Johannesburg, Nairobi and Perth with enhanced agreements with airline partners.”
Copyright Photo: John Adlard/AirlinersGallery.com. The Airbus A340s are being phase out. A340-312 3B-NAU (msn 076) lands in Sydney.
Air Mauritius (Port Louis) announced it lost $4.19 million in the third quarter and $27.3 million in the first nine months of its fiscal year.
Due to these mounting losses, rising fuel costs and increased competition, the company has also announced it will drop nonstop service to Frankfurt, Geneva, Milan and Munich in Europe in October 2012 as well as Bangalore (October 2012), Durban (October 2012) and Melbourne (May 2012).
In Europe, in partnership with Air France, the company will consolidate its operations at Paris (CDG) for onward flights to these European destinations.
Bangalore will be served via Mumbai, Durban via Johannesburg and Melbourne and Sydney via Perth.