Croatia Airlines to launch five routes from Split

Croatia Airlines Airbus A319-112 9A-CTG (msn 767) FRA (Jay Selman). Image: 404102.

Croatia Airlines has announced in Split five new routes from Split, Croatia’s second largest city, starting in June for the summer season running through September 25, 2022.

Amsterdam – weekly from June 14

Bucharest – twice-weekly from June 10

Dublin – three times weekly starting on June 12

Milan (Malpensa) – twice-weekly from June 12

Stockholm (Arlanda) – twice-weekly from June 10

Top Copyright Photo: Croatia Airlines Airbus A319-112 9A-CTG (msn 767) FRA (Jay Selman). Image: 404102.

Croatia Airlines aircraft slide show:

Croatia Airlines aircraft photo gallery:

Jetstarโ€™s first flight to Bali in two years takes off

Jetstar Airways restored the Melbourne – Bali route on March 14.

The flight marks the first time Jetstar has flown to Bali since flights were grounded on March 26, 2020.

Jetstarโ€™s flights from Melbourne will initially operate three times weekly, with plans to ramp up as demand increases.

Bali flights from Sydney and Perth are scheduled to recommence in early April, with flights from Brisbane, Adelaide, Cairns and Darwin scheduled for May.

Travellers into Bali are required to meet a number of requirements, as outlined by the Indonesian Government โ€“ including vaccination, PCR testing and proof of hotel bookings.

Aviation Capital Group announces the delivery of one Boeing 737-8 MAX to Icelandair

Aviation Capital Group LLC has announced the delivery of one new Boeing 737-8 MAX aircraft on long-term lease to Icelandair.

This Boeing 737 MAX aircraft, powered by CFM Internationalโ€™s LEAP-1B engines, is part of a multi-aircraft transaction between ACG and the airline.

Icelandair aircraft photo gallery:

Video: Interview with CEO Ed Wegel of GlobalX

TraderTV.Live welcomes Ed Wegel, Chairman & CEO, and Ryan Goepel CFO from Global Crossing Airlines.

Global Crossing Airlines is a high-growth, low-cost airline serving the charter and cargo sectors. Chairman & CEO, Ed Wegel is here today to tell us a bit more about the company.

Note: Ed Wegel was the former CEO of Eastern (2nd).

GlobalX aircraft photo gallery:

Greater Bay’s launch slowed by COVID situation in Hong Kong

Greater Bay Airlines plans to launch operations has been delayed by a new surge of COVID-19 cases in Hong Kong.

From Reuters:

“Hong Kong startup Greater Bay Airlines has scaled back its initial growth ambitions due to tight pandemic-related quarantine restrictions and has yet to set a date for its first commercial flights, its chief executive said on Friday.”

Reporting by Jamie Freed in Sydney; Editing by Stephen Coates
Video:

IAG to provide a loan to Air Europa’s owner in return for a possible 20% share

International Airlines Group (IAG)’s quest to acquire Air Europa is not lost. IAG is still in the game. IAG is providing a lifeline to Globalia, the owner of Air Europa.

IAG will offer a 100 million euros seven-year unsecured loan to Globalia.

In return, IAG will have the option to trade the loan into a possible 20 percent share of Air Europa.

The deal is conditional on the approval from syndicated banks.

Air Belgium to fly to Bonaire

Air Belgium (2nd) is adding a new destine in the Caribbean.

Starting on November 4, 2022, the carrier will fly twice a week to Bonaire.

Emirates SkyCargo responds to growing global demand by reinstating dual hub operations in Dubai

Emirates SkyCargo has announced that it will be reactivating its cargo hub in Dubai South, Emirates SkyCentral DWC, for dedicated freighter aircraft operations from 26 March 2022.

The move will mark a return to dual hub cargo operations in Dubai for the air cargo carrier after a period of nearly two years. In April 2020, Emirates SkyCargo consolidated its freighter (main deck) and passenger (bellyhold) cargo operations at Dubai International Airport (DXB) in light of the suspension of passenger flights during the early stages of the COVID-19 pandemic. The consolidation was aimed at streamlining and expediting the transport of essential supplies and medical items across the world.

With the growth of Emiratesโ€™ passenger network and operations, as well as the progressive increase in cargo volumes, Emirates SkyCargo will once again structure its operations across two hubs in Dubai- with Emirates SkyCentral DXB handling cargo arriving or departing on passenger aircraft and Emirates SkyCentral DWC handling cargo on freighter aircraft.

Emirates SkyCentral DWC was inaugurated in 2015 and has a total cargo capacity of more than 1 million tonnes per annum. The state of the art terminal features extensive cool chain handling facilities as well as a dedication pharma handling zone certified for EU GDP standards. Dedicated aircraft parking stands in close proximity to the terminal allow for rapid and efficient transportation of cargo.

A fleet of dedicated trucks operating on a 24-7 basis will provide seamless connectivity for cargo between the two airports. For high priority cargo and urgently required commodities, Emirates SkyCargo will be able to connection time of under five hours from wheels down at DXB to wheels up at DWC and vice-versa.

Emirates SkyCargo is the air freight division of Emirates, offering cargo capacity to customers on its fleet of all widebody Boeing 777 and Airbus A380 aircraft over a global network of more than 140 destinations across six continents.

Boeing in talks for landmark Delta MAX order

Is Delta Air Lines ready to become a Boeing 737 customer?

From Reuters:

“Boeing is edging towards a landmark order from Delta Air Lines for up to 100 of its 737 MAX 10 jets, a model it is battling in separate talks to get approved before year-end rule changes, people familiar with the matter said.”

Allegiant sees a significant step-up in leisure demand beginning mid-February and persisting into March

Allegiant Travel Company (Allegiant Air) reported its preliminary passenger traffic results for February 2022.

“After a slow start to the quarter, attributable to the Omicron variant, we saw a significant step-up in leisure demand beginning mid-February and persisting into March,” stated Drew Wells, senior vice president, revenue. “We finished February with a load factor of 77.8 percent, a more than eight-point improvement over January. Load factor during the month of March is currently trending above levels observed in 2019, with several weeks exceeding 90 percent booked loads, marking the first time we’ve seen loads at this level since the onset of the pandemic. In addition, yields are strong with March TRASM tracking in line with March of 2019. Due to recent weather events and staffing challenges, we have lowered our quarterly capacity guidance and now expect ASMs to be up roughly 18 percent year over three-year. Given yield strength, we expect total revenue to come in on the high-end of our initial revenue guide.”

“Despite decreased capacity for the quarter, we continue to expect CASM, excluding fuel, to fall within our initial range,” stated Gregory Anderson, executive vice president, chief financial officer. “Recent spikes in jet fuel prices have resulted in an updated fuel cost per gallon for the first quarter of roughly $3.05. Due predominantly to the volatile fuel environment as well as some staffing challenges, we expect to reduce planned capacity by roughly ten percent for the second quarter. We will continue to manage capacity to maximize profitability.”

Previous Current
System ASMs โ€“ year over three-year change1 Up 19.0 to 23.0% Up 17.0 to 19.0%
Scheduled service ASMs โ€“ year over three-year changeยน Up 19.0 to 23.0% Up 17.0 to 19.0%
Total operating revenue – year over three-year changeยน Up 5.0 to 9.5% Up 7.5 to 9.5%
Operating CASM, excluding fuel – year over three-year changeยน 2 Up 1.0 to 5.0% Up 3.0 to 5.0%
Fuel cost per gallon $2.67 $3.05

 

Scheduled Service โ€“ Year Over Three-Year Comparison
February 2022 February 2019 Change
Passengers 1,099,911 1,012,255 8.7%
Revenue passenger miles (000) 1,060,497 947,536 11.9%
Available seat miles (000) 1,362,381 1,137,059 19.8%
Load factor 77.8% 83.3% (5.5pts)
Departures 8,277 7,265 13.9%
Average stage length (miles) 932 908 2.6%

 

Total System* – Year Over Three-Year Comparison
February 2022 February 2019 Change
Passengers 1,105,652 1,020,352 8.4%
Available seat miles (000) 1,392,157 1,174,082 18.6%
Departures 8,503 7,559 12.5%
Average stage length (miles) 928 903 2.8%

 

Scheduled Service โ€“ Year Over Year Comparison
February 2022 February 2021 Change
Passengers 1,099,911 679,906 61.8%
Revenue passenger miles (000) 1,060,497 636,119 66.7%
Available seat miles (000) 1,362,381 1,203,720 13.2%
Load factor 77.8% 52.8% 25.0pts
Departures 8,277 7,630 8.5%

 

Total System* – Year Over Year Comparison
February 2022 February 2021 Change
Passengers 1,105,652 680,930 62.4%
Available seat miles (000) 1,392,157 1,223,407 13.8%
Departures 8,503 7,783 9.3%
Average stage length (miles) 928 904 2.

*Total system includes scheduled service and fixed fee contract.ย  System revenue passenger miles and system load factor are not useful statistics as system available seat miles include both ASMs flown by fixed fee flying as well as non-revenue producing repositioning flights used for operational needs.ย  Fixed fee flying is better measured through dollar contribution versus operational statistics.

Preliminary Financial Results
$ per gallon
February 2022 estimated average fuel cost per gallon โ€“ system $2.92