Tag Archives: 73733V

airBaltic launches a new route from Riga to Malta, trims its 1Q net loss

airBaltic (Riga) on May 12, 2013 launched a new route from Riga to Malta. The new route will offer convenient travel between the airports, and beyond to destinations in the Baltics, Scandinavia, Russia, and the CIS.

Destination served

(from North Hub Riga)

Flight frequency Start date Price*, Basic Price*,
Business Flex

Malta

1 flight weekly May 12, 2013 59 LVL/ 85 EUR 315 LVL/ 449 EUR
* Lowest fare, including taxes, fees and service charges, on http://www.airBaltic.com, subject to availability

airBaltic will fly from Riga to Malta once a week on Sundays, the return flight from Malta to Riga will be operated also on Sundays to secure convenient connections. Passengers will board a Boeing 737-300 aircraft (above) for a flight that will last for 3 hours and 40 minutes.

airBaltic serves 60 destinations from its home base in Riga, Latvia. airBaltic offers convenient connections via North Hub Riga to its network spanning Europe, Scandinavia, Russia, CIS and the Middle East. For summer 2013, airBaltic has introduced six new destinations – Prague (Czech Republic), Heviz-Balaton (Hungary), Olbia (Sardinia, Italy), Rijeka (Croatia), Larnaca (Cyprus), and Malta.

On the financial, the struggling flag carrier stated it trimmed its first quarter net loss by over $12 million. The airline issued this statement:

Latvian airline airBaltic has improved its net result by LVL + 6.7 milllion in the first quarter of 2013, compared to the same perid a year ago.

Martin Gauss, Chief Executive Officer of airBaltic: “After improving our consolidated net result by LVL +66 million in 2012, we were again able to beat our own plan.”

For the January to March period, airBaltic achieved +41% improvement of its net result, compared to the same period a year ago. airBaltic achieved +10% yield improvement in the first quarter of 2013 compared to the same period in 2012, and generated LVL 44.5 million in revenues. The unit revenue, or RASK – revenue per available seat kilometer, was improved by +8% in the January to March period, compared to the same period a year ago.

airBaltic operated 9,685 flights in the first quarter of 2013, or 9% less than in the first quarter of 2012 when airBaltic operated 10,637 flights. In March 2013, airBaltic operated 3,442 flights. The airline carried 534,879 passengers in the first three months of 2013 in its network spanning Europe, Scandinavia, Russia, CIS and the Middle East, but in March 2013 the airline carried 201,757 passengers. The airline’s load factor, which represents the number of passengers as a proportion of the number of available seats, in the first quarter of 2013 was at a level of 63%, while in March it stood at 69%.

The 15-minute flight punctuality indicator for airBaltic was at a level of 83.9% in the first quarter of 2013. This means that 83 of every 100 airBaltic flights in the first quarter of 2013 departed at the planned time or with a delay of no more than 15 minutes.

For summer 2013, airBaltic has introduced six new destinations – Prague (Czech Republic), Heviz-Balaton (Hungary), Olbia (Sardinia, Italy), Rijeka(Croatia), Larnaca (Cyprus), and Malta.

Copyright Photo: Ole Simon/AirlinersGallery.com. Boeing 737-33V WL YL-BBK (msn 29332) taxies past the camera at Paris (CDG).

airBaltic: AG Slide Show

 

Air Nigeria is in turmoil

Air Nigeria (Lagos) on April 21 was temporarily grounded by the Nigerian Civil Aviation Authority (NCAA) due to safety concerns, except for its London (Gatwick) service.

The airline issued the following statement:

“Air Nigeria wishes to inform that the scheduled Lagos – London – Lagos flight operation is not affected by the temporary suspension directive of the Nigerian Civil Aviation Authority (NCAA). Passengers are therefore encouraged to proceed with their confirmed itinerary while intending customers can make their reservations through all our sales channels.

We however wish to apologize for all the inconvenience that the temporary suspension of our domestic and regional flights by the NCAA will bring on our passengers.

Air Nigeria is committed to offering safe and secure flight operations at all times as just recently it was given a clean bill of health by the regulatory agency after a safety audit of its operations. We will continue to liaise with the relevant agencies to ensure that the suspension order is lifted as soon as possible.”

Due to safety concerns raised by the safety audit, the airline subsequently issued this statement:

“Air Nigeria affirms that ever since the inception of its flight operations, it operates in strict compliance with safety regulations and has at no time compromised on standards as it has consistently submitted to internationally recognised audit exercises. Air Nigeria is the first Nigerian airline and the only carrier in West Africa to pass three consecutive IATA Operational Safety Audit program (IOSA) in the last five years.

The IOSA audit program employs internationally recognized quality audit principles and the consecutive successes recorded by Air Nigeria in the last five years have clearly showed a demonstration of commitment to safety standards by engaging internationally accepted evaluation system designed to assess the operational management and control systems of airline are at par with other global airlines.

With an established track record of offering safe and secure means of transport in the last seven years without any accident, Air Nigeria affirms of its continuous compliance with all laid down operational and maintenance regulations of the Nigerian Civil Aviation Authority (NCAA), International Civil Aviation Organization (ICAO) and the International Air Transport Association (IATA). Air Nigeria was just recently given a clean bill of health after a successful safety audit of its fleet of aircraft and flight operations by the Nigerian Civil Aviation Authority (NCAA) and has at no time found deficient in the discharge of offering safe air services to passengers.

The airline presently runs a Safety Management System (SMS) under the guidance of the International Air Transport Association (IATA), and it is the only Nigerian airline and one of the few airlines in Africa currently implementing this system. Under this SMS scheme, pilots and engineers perform their day-to-day professionally responsibilities in line with prescribed standards without management interference.

Sensational reports and claims that are being circulated in the media that allege management’s interference to force pilots and engineers to operate “unserviceable aircraft” are fabricated propagandas by those groups that felt ‘threatened’ by the successful turn-around of Air Nigeria over the last two years, which recently culminated with the successful launch of long haul operations.

It is very sad that those “threatened groups” tried to exploit the recent unfortunate air crash to blackmail and sabotage Air Nigeria which has unquestionable world class safety standards for the last seven years.

In the face of all the daunting challenges, we at Air Nigeria, have kept faith and our creed is to continually offer safe and secure services at all times. The airline is cooperating with the Nigerian Civil Aviation Authority (NCAA) to ensure that the issues relating to the temporary suspension of the domestic and regional flight operations are resolved to ensure that passengers continue to enjoy the services of the airline.

The scheduled Lagos – London – Lagos flight operation is not affected by the temporary suspension directive of the Nigerian Civil Aviation Authority (NCAA) and passengers are therefore encouraged to proceed with their confirmed itinerary while intending customers can make their reservations through all our sales channels.

Air Nigeria is one of the fastest growing airlines in West Africa that has since inception distinguished itself and won several laurels in recognition of its outstanding contributions towards development of the Nigerian aviation industry. The airline was in 2010 named the “Airline of the Year” at the Nigeria Aviation Awards (NIGAV) while it also clinched the “Best Security Conscious Airline in West and Central Africa” for its strict adherence to prescribed aviation safety standards.”

The airline was reacting to local media reports that it fired 12 engineers and pilots with connections to the National Association of Aircraft Pilots and Engineers (NAAPE).

Read the full report from the Nigerian Tribune: CLICK HERE

Copyright Photo: Malcolm Nason.

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