Tag Archives: A310

Video: Services Air Airbus A310 running off a wet runway in the Congo

Services Air Airbus A310-304 9Q-CVH (msn 413) with five crew members skidded of a wet runway at Mbuji-Mayi, in the Democratic Republic of the Congo into a residential area killing eight people on the ground on December 24, 2015. A video captured the long landing.

More photos from China Aviation Daily and The Aviation Herald: CLICK HERE

AG A new gallery added

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Mahan Air starts operating to Munich

Mahan Air (Tehran) on March 11 started operating twice-weekly flights on the Tehran-Munich route. Munich is the second destination in Germany after Düsseldorf (above). Mahan Air’s Munich flights are operating on Sundays and Wednesdays with Airbus A310s.

Copyright Photo: Karl Cornil/AirlinersGallery.com. Mahan Air Airbus A310-304 F-OJHH (msn 586) taxies at Dusseldorf (DUS).

Mahan Air aircraft slide show: AG Airline Slide Show

Current Route Map:

Mahan Air 3.2015 Route Map

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Mahan Air today launches a new route to London Gatwick

Mahan Air Tehran) today (December 15) today launches a new route to London (Gatwick) operating three days a week reportedly with Airbus A310-300s per Airline Route.

Virtual tour on Airbus A300: CLICK HERE

Previously on November 4, Mahan Air celebrated the launch of scheduled flights from Tehran to Beijing nonstop service linking the capitals of Iran and People’s Republic of China and marking the carrier’s 14th international destination. It is also the airline’s first regular flight to China.

The thrice weekly flights are operating via 299-seat Airbus A340-300 in two class configuration. Beijing is Mahan Air’s third new international route after Yerevan and Shiraz to Dubai which were inaugurated in summer 2014.

Copyright Photo: Michael B. Ing/AirlinersGallery.com. Mahan Air’s Airbus A310-304 EP-MNF (msn 547) arrives in Bangkok.

Mahan Air aircraft slide show:

Mahan Air route map:

Mahan Air 12.2014 Route Map

PIA to drop the Islamabad-Leeds/Bradford route on May 15

PIA-Pakistan International Airlines (Karachi) on May 15 will cancel the Islamabad-Leeds/Bradford twice-weekly Airbus A310 flight per Airline Route.

Copyright Photo: Paul Denton/AirlinersGallery.com. Airbus A310-325 AP-BGS (msn 689) approaches the runway at Dubai International Airport (DXB).

PIA-Pakistan International Airlines: AG Slide Show

Is United Airways of Bangladesh in financial trouble?

United Airways (Dhaka) is a privately-held airline in Bangladesh. The international carrier commenced operations on July 10, 2007.

According to this report by the Daily Star, the airline may be facing a suspension of AOC due to outstanding aeronautical and non-aeronautical charges. The aircraft has been banned from adding new aircraft until its bills are paid. The airline must pay its overdue bills by June 15.

Read the full report: CLICK HERE

Copyright Photo: Antony J. Best/AirlinersGallery.com. Airbus A310-325 S2-AFF (msn 672) arrives at London (Gatwick).

United Airways: AG Slide Show

Air Transat’s parent reports a fiscal year net profit of $54.7 million

Transat A.T. Inc., the parent of Air Transat (Montreal) (website), posted revenues of $808.6 million (all amounts in Canadian dollars) for the quarter ended October 31, 2013, compared with $763.4 million in 2012, an increase of $45.2 million, or 5.9%. The Corporation recorded a margin before amortization and depreciation1 of $80.1 million , compared with $52.9 million in 2012, and net income of $54.7 million ( $1.40 per share on a diluted basis), compared with a net profit of $16.6 million ($0.43 per share on a diluted basis) in 2012. Before non-operating items, amortization and depreciation, and restructuring charges, Transat reported a margin of $80.6 million , compared with $52.9 million in 2012, and adjusted after-tax income3 of $54.8 million in 2013 ( $1.40 per share on a diluted basis), compared with $28.7 million ( $0.75 per share on a diluted basis) in 2012.

For the fiscal year ended October 31, 2013, Transat posted revenues of $3.6 billion, versus $3.7 billion in 2012, a decrease of $66.1 million, or 1.8%. The Corporation recorded a margin before amortization and depreciation1 of $110.9 million, versus $17.0 million in 2012, and a net profit of $58.0 million ( $1.51 per share on a diluted basis) compared with a net loss of $16.7 million ( $0.44 per share on a diluted basis) in 2012. Before non-operating items, amortization and depreciation, and restructuring charges, Transat reported a margin of $116.6 million, compared with one of $17.0 million in 2012, and net adjusted after-tax income of $62.6 million in 2013 ( $1.63 per share on a diluted basis), versus an adjusted after-tax loss of $15.3 million ( $0.40 per share on a diluted basis) in 2012.

“We achieved very good results on the trans-Atlantic market and posted profits on the Sun destinations market as well as in France ,” said Jean-Marc Eustache , President and Chief Executive Officer of Transat. “As a result, we had our best fourth quarter ever as well as the best summer in our history. And for the year, we are back to profitability, with a margin improvement of $100 million . Our efforts on all fronts, including costs, product, marketing, revenue management, and so on delivered the expected results. Our cost-reduction and margin-improvement program is tracking to plan.”

Fourth quarter highlights

The Corporation posted revenues of $808.6 million, compared with $763.4 million in 2012, and a margin before amortization and depreciation1 of $80.1 million ( $80.6 million before amortization and depreciation and restructuring charges), compared with $52.9 million ( $52.9 million before restructuring charges) in 2012. The increase in revenues was attributable mainly to higher average selling prices, which more than offset the impact of the Corporation’s decision to reduce capacity on its markets (transatlantic and France ), which accounts for the 5.0% reduction in the number of travellers. Across all markets, average selling prices and margins were higher.

Revenues of North American business units, which are generated by sales in Canada and abroad, rose by $55.9 million (10.9%) compared with the same period in 2012. The increase stemmed in part from the decision to account for all sales of flights between Canada and United Kingdom in North America , whereas a significant portion of said sales was previously accounted for in Europe . For the quarter, capacity on the transatlantic market decreased by 9% compared with 2012; capacity on Sun destinations was similar. North American business units generated a margin before amortization and depreciation1 of $68.6 million, compared with $55.9 million in 2012. Before restructuring charges, Transat posted a margin before amortization and depreciation of $69.1 million , versus $55.9 million in 2012. The improvement in margin is mainly attributable to higher selling prices as well as the Corporation’s cost-reduction initiatives.

Revenues of European business units, which are generated by sales in Europe and in Canada , decreased by $10.7 million (4.3%) over 2012, mainly due to the aforementioned change in the accounting of certain sales in different geographic areas. European operations resulted in a margin before amortization and depreciation1 of $11.5 million , compared with an operating loss before amortization and depreciation of $3.0 millions in 2012. The improvement in the margin is mainly attributable to higher selling prices and cost-reduction initiatives.

Fiscal year highlights

For the fiscal year, the Corporation’s revenues stood at $3.6 billion, compared with $3.7 billion in 2012. Transat recorded a margin before amortization and depreciation1 of $110.9 million ( $116.6 million before amortization and depreciation and restructuring charges), compared with $17.0 million in 2012 ( $17.0 million before restructuring charges). Revenues were similar to those posted in 2012. The higher average selling prices offset the Corporation’s decision to reduce capacity on all its markets (Sun, transatlantic and France ). The improvement in margin is mainly due to higher selling prices as well as to the cost-reduction initiatives.

For the winter season, Transat posted revenues of $1.9 billion , versus $2.0 billion in 2012, and an operating loss before amortization and depreciation1 of $22.2 million ( $18.3 million before amortization and depreciation and before restructuring charges), compared with one of $58.1 million in 2012 ( $58.1 million before restructuring charges). The decrease in revenues mainly stemmed from the Corporation’s decision to reduce capacity on its markets (Sun, transatlantic and France ), which resulted in a 12.0% decrease in traveller numbers. Across all markets, average selling prices and margins were higher than in 2012.

For the summer season, the Corporation recorded revenues of $1.7 billion , compared with $1.7 billion in 2012, and a margin before amortization and depreciation of $133.1 million ($134.9 million before amortization and depreciation and before restructuring charges), versus $75.1 million in 2012 ($75.1 million before restructuring charges). The higher average selling prices offset the Corporation’s decision to reduce capacity on its markets (transatlantic and France ), which had resulted in a 12.0% decrease in traveller numbers. Across all markets, average selling prices and margins were higher than in 2012.

Financial position

As at October 31, 2013, the Corporation’s free cash totalled $265.8 million, compared with $198.5 million at the same date in 2012 (including the November 2012 sale of the Corporation’s ABCP). The working capital ratio was 1.1, against 1.0, and deposits from customers for future travel amounted to $410.3 million , compared with $382.8 million a year earlier. Off-balance-sheet agreements stood at $768.3 million as at October 31, 2013 , compared with $557.1 million as at October 31, 2012 , the increase being attributable to the leasing of four Boeing 737-800 aircraft and the renewal of the leases on six Airbus A330s, offset by payments made during the 12-month period.

Outlook for the first six months

On the sun destinations market, Transat’s capacity is approximately 3% higher than that marketed last year. To date, 41% of that capacity has been sold, load factors are lower by 2%, and selling prices are higher by 5% compared to those recorded last year at the same date.

In France , where winter is low season, compared with last year at this time medium-haul bookings are higher by 10%, long-haul bookings are down by 2% and selling prices are down by 2%.

On the transatlantic, also the low season, Transat’s capacity is 8% lower than that marketed last winter. To date, 53% of that capacity has been sold, load factors are lower by 6%, and selling prices are higher by 8%

The Sun destinations market in Canada accounts for a substantial portion of Transat’s business during the winter season, and margins are both thin and volatile. At this early stage in the season, forecasting is difficult because of the following factors: a significant portion of capacity remains to be sold, bookings are last minute, and the Canadian dollar has weakened relative to the U.S. currency. However, to the extent that the conditions do not deteriorate, the Corporation expects to record better results than period last year for the winter.

It is extremely early to comment on the trans-Atlantic market for the summer 2014, as only 9% of the seats have been sold. Transat’s capacity is 2% higher than in 2013, load factors are similar, and prices are superior.

Cost-reduction and margin-improvement Initiatives

Transat is continuing with implementation of the initiatives in its return-to-profitability plan, including measures to reduce operating costs and changes to its systems and processes. In April 2013, the Corporation also announced its decision to internalize narrow-body medium-haul aircraft (Boeing 737-800s) for its Sun destination routes outbound from Canada, starting in May 2014 . The various measures (cost-reduction initiatives, additional revenues and efficiency gains) had a favorable impact of $20 million on the margin in 2012 and of $15 million in 2013. The Corporation expects another $20 million in 2014, as well as in 2015, when internalization of the narrow-body fleet will produce its full benefits.

Copyright Photo: Stefan Sjogren/AirlinersGallery.com. Air Transat will start operating four Boeing 737-800s in May 2014. The pictured nine Airbus A310-300s will gradually exit the fleet by 2015. Airbus A310-304 C-GTSY (msn 447) arrives at Malaga, Spain.

Air Transat: AG Slide Show

Kuwait Airways to add A320s, A321s, A330s and A350s

Kuwait Airways (Kuwait City) will expand and modernize its fleet with a new tentative order with Airbus according to Muscat Daily. Subject to finalization, Kuwait Airways intends to acquire 10 A350-900s, options for five more or five of the larger A350-1000s. The MOU also includes 15 A320neo aircraft and options for five more of the same type or A321neo aircraft. Deliveries are due to start in 2019.

In the interim period, the airline will lease 22 Airbus A320s and A330s with deliveries starting in late 2013. Additionally two A321-200s will be leased starting in July 2014.

The new aircraft are expected to replace the aging five Airbus A300B4-605Rs, three A310-300s, three older A320s, four A340-300s and the two Boeing 777-200 ERs.

Copyright Photo: Paul Denton/AirlinersGallery.com. The Airbus A310s will be one of the types to be retired. A310-308 9K-ALA (msn 647) prepares to land at Dubai.

Kuwait Airways: AG Slide Show