Tag Archives: A319-111

EasyJet swings to a six-month profit

easyJet (UK) 2015 logo

EasyJet (easyJet.com) (UK) (London-Luton) reversed its financial fortunes and produced a six-month profit (before taxies) (ending on March 31) of £7 million ($7.8 million). This compares favorably with a loss of £53 million ($59.6 million) in the same period a year ago.

The airline issued these additional details:

Strategic Progress:

Drive demand, conversion and yields across Europe

• Total revenue per seat increased by 2.6% year-on-year on a constant currency basis, and by 0.2% per seat on a reported basis, to £54.91 driven, in part, by the disciplined allocation of capacity, improvement in load factor, strong October trading, timing of Easter and performance of allocated seating.
• Average load factors increased by 0.7 percentage points to 89.7% whilst capacity grew by 3.6% to 32.2 million seats.

Maintain cost advantage

• Cost per seat excluding fuel grew by 2.9% on a constant currency basis and decreased by 1.4% on a reported basis to £38.66. The increase in cost per seat was driven by anticipated increases in charges at regulated airports mainly in Germany and Italy, increased disruption costs in the second quarter and costs associated with building a resilient operation ahead of new crew base openings.
• easyJet lean delivered £21 million of sustainable savings in the six months to March 31, 2015.
• From May 2016 all future deliveries of A320 aircraft to have 186 seats; existing A320 180 seat fleet to be retrofitted starting in winter 2016. 186 seat A320 expected to deliver a cost per seat saving of 2% vs. a 180 seat A320.
• Component support contract signed with AJW Group to drive savings in maintenance costs from October 2015.

Build strong number 1 and 2 network positions

• easyJet opened new bases in Amsterdam and Porto bringing the total number of bases to 26.

Disciplined use of capital

In the six months to March 31, 2015, easyJet returned £180 million or 45.4 pence per share to shareholders through the payment of an ordinary dividend at an increased payout ratio of 40% of profit after tax for the year ended September 30, 2014. 

• easyJet ended the first half of the financial year with cash and money market deposits of £976 million, a decrease of £93 million against last year. Net cash as at 31 March 2015 was £416 million compared to £449 million at March 31, 2014.

Commenting on the results, Carolyn McCall, easyJet Chief Executive said:

“easyJet has delivered a record performance in the first half of the year by continuing to deliver its strategy of making travel easy and affordable for passengers. The profit in the half reflects the delivery of our customer focused revenue initiatives and a strong finish to the ski season as well as the benefit we received from the lower fuel price and favourable foreign exchange movements.

As we enter the important summer season forward bookings are in line with last year and as we predicted passengers are benefitting as fares fall to reflect a more competitive operating environment and lower fuel costs. easyJet continues to be well positioned to grow revenue and profit this year, delivering sustainable returns to shareholders due to its compelling network, low cost base and strong balance sheet.”

Analysis of the results and a comment from Ken Odeluga, a senior market analyst at www.cityindex.co.uk

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EasyJet has swung to a net profit at the typically weak half-way stage of the airline financial year and I think this can only emphasise that its making solid progress against its only true rival, at the moment, Ryanair.

It has edged the bar slightly higher against RYA with a 7 basis point extension of its lead on load factor to 89.7% vs. RYA latterly on 88% (Dec.). EZJ has now having maintained an average passenger yield advantage for almost every interim period since 2012.

Naturally, landing in the black for the first half bodes especially well for the rest of EZJ’s financial year, although despite the airline saying the outlook is broadly in line for the rest of the year, it will not have the advantage of fuel prices quite as low as they were in the prior period, therefore there’s scope for full-year forecasts to be scaled back—though only moderately in my view.

However as the market opened this morning it decided to look past these strengths and focus on the disruption EZJ warned of a few days ago from French air traffic control industrial action.
I do believe that the airline has been suitably, but perhaps overly cautious on the magnitude of impact these will have on the third quarter, though of course further qualification may come in the call (0930BST)

Copyright Photo below: Antony J. Best/AirlinersGallery.com. Airbus A319-111 G-EZDA (msn 3413) prepares to land at London (Gatwick) painted in the new 2015 livery.

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Norwegian and easyJet adopt a “two-person” cockpit rule

Norwegian Air Shuttle (Norwegian.com) (Oslo) and easyJet (UK) (London-Luton) have become early adopters of a new “two persons” cockpit rule in the wake of the devastating news of what caused Germanwings flight 4U 9525 to crash in the French Alps. The rule is already in place in the United States.

In addition, Deutsche Welle is reporting “Germany’s BDL aviation federation announced late Thursday that airlines such as Lufthansa and Airberlin intended to immediately enact the two-person rule in consultation with the Federal Office of Civil Aviation.”

Read the full report: CLICK HERE

Above Copyright Photo: Keith Burton/AirlinersGallery.com. In celebration of the new 26th base at Amsterdam, easyJet has introduced this new Amsterdam logo jet on Airbus A319-111 G-EZDN (msn 3608) painted at Southend. The new theme was rolled out of the paint shop on March 25.

In other news, overshadowed by the stunning Germanwings crash investigation announcements, easyJet yesterday (March 26) celebrated the opening of its new base at Francisco de Sá Carneiro Airport in Porto. Three new UK routes from Manchester, Bristol and London Luton Airports to the new Porto base will be launched this summer.

Flights from Bristol to Porto will commence on April 19 and operate on Wednesdays, Fridays and Sundays.

Porto is the 25th base of easyJet’s network and the airline will also inaugurate its 26th base in Amsterdam on March 31.

easyJet started its operations in Portugal in 1999 and flies now to 48 destinations in Europe being the third largest airline in the country with 12% market share and more than 4 million passengers carried in 2014. easyJet flies to Faro, Funchal, Porto and Lisbon and from 29 March a service will start connecting the capital with Ponta Delgada in Azores.

Top Copyright Photo: Paul Bannwarth/AirlinersGallery.com. Boeing 737-8JP WL LN-NIF (msn 39434) with Finnish writer and social activist Minna Canth on the tail arrives at Tenerife Sur.

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Holiday Jet takes delivery of its first aircraft

Holiday Jet-Germania A319-100 D-AHIL (HB-JOH) (15)(Grd) ZRH (Mark Van Wissen)(LRW)

Holiday Jet (Zurich) yesterday (February 25) took delivery of its first aircraft. The pictured 150-seat Airbus A319-111 D-AHIL (msn 3589) arrived at the Zurich base and will become HB-JOH. The aircraft will be operated by Germania.

The airline is planning to operate its first charter flight, from Zurich to Antalya and Hurghada, starting on March 26. Flights to Zypern will start on March 28 and operations to Djerba and Sharm el-Sheikh will commence on March 30 followed by Crete  and Rhodes on May 3. Santorini will come on board on May 22. Finally Korfu, Mykonos, Kos and Zakynthos will be added on June 2.

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As previously reported,  the airline is a new joint venture of Germania (Berlin) and tour operator Hotelplan. In August 2014 Germania established a Swiss affiliate airline based in Zurich. In September 2014, Germania and Hotelplan joined forces to start operations with two 150-seat Airbus A319s starting in March 2015. The new airline applied for its own Swiss Air Operators Certificate (AOC) in September 2014.

Copyright Photo: Mark Van Wissen.

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EasyJet adds routes from London Gatwick and Stansted, presents its “Vision for European Aviation”

EasyJet UK) (easyJet.com) (London-Luton) has announced two new routes from its London Gatwick and Stansted bases for the summer of 2015.

A new twice-weekly route between Stansted and Monastir, Tunisia will begin on June 2 on Tuesdays and Saturdays.

The new twice-weekly routes from London Gatwick are to Preveza, Greece, beginning on May 17, and Pula, Croatia, beginning on June 23.

Sophie Dekkers, easyJet’s UK director, told Telegraph Travel that the increased connections were because “Greece in particular continues to prove a popular destination” and that easyJet is to be the only airline offering direct scheduled flights from the UK to Preveza, a relatively unvisited area of northwestern Greece.

In other news, easyJet on February 26 launched its Vision for European Aviation calling on the EU, Governments and regulators to improve competitiveness in European aviation.

The airline continued;

easyJet (UK) 2015 logo

The European Commission is currently working on a new Aviation Package and easyJet believes that this is the time to address some long-standing issues such as the reform of airport charges and Single European Skies.

Passengers have hugely benefited from the liberalisation of the airline sector which led to increased competition. Airlines have reduced their fares by 1-2% per year on average over the last 20 years but these reductions have not been mirrored across other aviation sectors in Europe such as airports and air space management. ‎

There is no effective control of charges and services at many monopoly airports across Europe, with consumers paying more than they should. For those specific airports, easyJet believe that tougher regulation and a revised Airport Charges Directive is needed.‎

New research by Frontier Economics published today shows that tougher regulation of charges at 15 of Europe’s largest monopoly airports would save passengers €1.48 billion, increasing total one-way passenger trips by 12.2 million, which in turn would increase consumer and tourism spending, and boost trade. In total, the overall impact of better airports regulation would be an increase of GDP in the EEA area of €37bn (+0.23%) or around 470,000 jobs.

Just four key changes would provide these benefits:

• the move from dual till to single till regulation – when all revenues, both aeronautical and commercial, are taken into account when setting charges
• the reduction of airports’ return on capital by just 0.5%
• an increase in airports’ operating efficiency by 10% – reflecting the higher efficiency gains made by airlines, and
• the removal of the subsidy of transfer passengers – the charges for whom are often half that of origin and destination passengers.

easyJet CEO Carolyn McCall outlined easyJet’s views in meetings with new European Transport Commissioner, Violeta Bulc, a range of MEPs with an interest in transport and in a speech to the European Aviation Club.

In the speech Carolyn McCall called on Europe to put passengers at the heart of decision making;

“The EU plays a crucial role in supporting European aviation and easyJet is a shining example of that – without the liberalisation of European skies we would not exist in our current form.‎

“Europe is currently debating which policy framework to put in place, at a national and EU level, to promote the competitiveness of EU aviation.

“In order to get the best outcome for consumers, we believe that this framework should be based on fair competition, freedom of choice, and with passengers at the heart of policy making. We are calling on EU policy makers to revise the Airport Charges Directive and to rethink how we deliver Single European Skies.

“If we just tackled these two issues, they would improve the efficiency of our industry, drive down fares for consumers and create billions of Euros of GDP, equivalent to hundreds of thousands of jobs.”‎

EasyJet’s Vision for Europe‎

EasyJet’s Vision for Europe outlines the passenger journey, from booking, to the airport, to in-flight and arrival which explains at each step of the way our views on the right policy framework that can make travel easier and more affordable for all of our passengers. In addition to airport charges the document highlights four other key issues which if properly addressed would bring benefits to airlines and their passengers.

Single European Sky

EasyJet proposes a rethink based on three principles:

1) A pragmatic approach to address the deep rooted underlying concerns of key stakeholders. For example, there will be no compulsory redundancies amongst air traffic controllers. Airspace sovereignty is guaranteed and Member States can ensure they have control over their airspace
2) Governance is shared, so airspace users have an equal seat at the table.
3) SES should be on an opt-in basis, but with EU funding only available for those who opt in‎.

Social dimension‎

At easyJet we aim to be a good corporate citizen and to operate a model of responsible profitability – that means that we employ people on local contracts and in line with local conditions and legislation, according to where they are based. We also work with trade unions right across Europe.

The current framework enables easyJet to do the right thing but this should be enforced equally and fairly across countries.

Ground handling services

There is not enough competition on ground handling services which means passengers still pay too much and do not receive the right level of service.

Slot trading

It is critical that airlines are allowed to trade slots to ensure they are used as efficiently as possible.

Copyright Photo: Gerd Beilfuss/AirlinersGallery.com. Airbus A319-111 G-EZDK (msn 3555) arrives in Hamburg dressed in the “new look” 2015 livery.

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Aer Lingus swings to the red for 2014

Aer Lingus (Dublin), adding to our previous story, reported a net loss of €95.8 million ($107.8 million) for 2014, reversing the €34.1 million ($38.3 million) net profit for 2013.

Christoph Mueller Aer Lingus’ CEO commented: “The year 2014 proved the strength of our “value carrier” business model across both our short and long haul businesses. We profitably expanded our long haul network utilizing our cost advantage and favorable geographic position and helped establish Dublin as the 7th largest European hub for trans-Atlantic connections. Our short haul business continued to demonstrate its resilience despite a highly competitive market. Commercial initiatives, in addition to cost control, led to the highest operating profit since the financial crisis and 17.8% above last year.

The focus on our business is unabated and in the coming months we will invest in our customer proposition and distribution model in addition to reducing costs. Now that the complex IASS pension funding issues have been addressed, we are re-launching our CORE program, starting with the introduction of a new voluntary severance scheme at the beginning of this year.

I am delighted to hand the reins to Stephen Kavanagh at the end of this week. I know that the entire Aer Lingus team has a lot of work planned for 2015 and I am confident that they will drive further improvements in profitability, customer satisfaction and employee engagement.”

International Consolidated Airlines Group, S.A. (IAG” offer update:

1. Board willing to recommend the financial terms of IAG’s offer to shareholders

2. Compelling strategic rationale and significant benefits for Aer Lingus, its current and future employees, its customers and for Ireland. The combination would:

A. Enhance Ireland’s position as a natural hub for Europe on the North Atlantic; Accelerate Aer Lingus’ transatlantic, long haul growth plans;

B. Grow employment;

C. Enhance short haul growth;

D. Strengthen Ireland’s connectivity; and Provide access to a global cargo network

3. Aer Lingus has confirmed IAG’s intentions to preserve Aer Lingus as a separate operating business within the group with its own brand, management, head office and operations

Colm Barrington, Aer Lingus Chairman, said: “Our performance in 2014 was strong, with significant growth in long haul and resilient short haul operations. To enhance these excellent results and to accelerate Aer Lingus’ growth, it is the Board’s strong belief that the company should now take the opportunity to combine with IAG. In this combination Aer Lingus will operate as a separate business while gaining access to IAG’s extensive network and benefiting from its scale. These significantly positive benefits will de-risk Aer Lingus’ future, strengthen its operations and enhance the future success of the company .”

The Irish government as we previously report, still has reservations about the sale of the flag carrier to IAG and has requested additional clarification.

Read the full report: CLICK HERE

Copyright Photo: SPA/AirlinersGallery.com. Airbus A319-111 EI-EPT (msn 3054) arrives in London (Heathrow).

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Allegiant Air to acquire six ex-Cebu Pacific Air Airbus A319s

Allegiant Travel Company (Allegiant Air) (Las Vegas) today (February 23) announced that it has entered into an agreement to purchase six additional Airbus A319 aircraft. The aircraft are currently being operated by Cebu Pacific Air and are scheduled to enter the Allegiant operating fleet from the end of 2015 through 2017.

“We continue to be able to find high quality, used A319s that fit our specification,” said Jude Bricker, Senior Vice President of Planning. “These aircraft will have 156 seats which is similar to our current A319s. Including these aircraft, we have added commitments for ten additional A320 series aircraft so far this year and will remain active in the used A320 market,” concluded Bricker.

Two of the aircraft will be purchased in 2015 and the company expects the remainder to be purchased in 2016. Allegiant’s expected fleet plan including all aircraft currently under contract is as follows:

Allegiant Fleet Numbers 2.2015

Meanwhile, Cebu Pacific Air issued this statement:

Cebu Pacific (CEB) signed a forward sale agreement with a subsidiary of Allegiant Travel Company, covering Cebu Pacific’s sale of six Airbus A319 aircraft. Allegiant is the parent company of Las Vegas-based low-cost airline, Allegiant Air. Delivery of aircraft to Allegiant is scheduled this year until 2016.

“This agreement is in line with CEB’s efforts to continuously improve operational efficiency by replacing and upgrading our fleet with the larger, more fuel efficient, and longer range A321neo aircraft,” said Lance Gokongwei, CEB President and CEO.

The A321neo is the largest model in the A320neo series, which incorporates new engines and large wing tip devices called sharklets. The advances will deliver fuel savings of 20 percent and additional payload or range capability. The fuel savings translate into some 5,000 tonnes less CO2 per aircraft per year. In addition, the aircraft will provide a double-digit reduction in NOx emissions and reduced engine noise.

CEB currently operates a fleet of 54 aircraft comprised of 10 Airbus A319, 31 Airbus A320, 5 Airbus A330 and 8 ATR 72-500 aircraft. Between 2015 and 2021, Cebu Pacific will take delivery of 7 more brand-new Airbus A320, 1 Airbus A330, and 30 Airbus A321neo aircraft.

CEB’s Airbus A321neo aircraft will be equipped with the Pratt and Whitney PurePower Geared Turbofan™ engine. The aircraft has a flying radius of over 6 hours and can be configured to have up to 240 seats. This will enable CEB to access new markets in the Indian subcontinent and Australia, including Perth, Brisbane and Adelaide. ​

Copyright Photo: Michael B. Ing/AirlinersGallery.com. The pictured Airbus A319-111 N301NV (msn 2319) is leased from GECAS and was previously operated by easyJet (Switzerland) as HB-JZK) and by easyJet (UK) as G-EZEX.

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Air Malta to fly to Oran, Algeria this summer

Air Malta (Luqa), Malta’s National Airline, is planning to open up a new route to Oran, Algeria’s second largest city. The twice weekly frequency is expected to operate every Monday and Thursday from  July 20 to August 31.

Starting from its modest beginnings with 53,500 passengers transported in the first year of operation, Air Malta now carries an average of 1.8 million passengers every year and has, since its first flight operated on April 1, 1974, transported over 39 million passengers to and from Malta.

Copyright Photo: SPA/AirlinersGallery.com. Promoting the destination of Malta in its livery, Airbus A319-111 9H-AEL (msn 2332) climbs away from London’s Heathrow Airport.

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Frontier to add Orlando-Las Vegas and Denver-Raleigh/Durham flights

Frontier Airlines (2nd) (Denver) will add seasonal flights between the two top vacation destinations of Orlando and Las Vegas. The new route will start on April 30.

The low fare carrier is also adding nonstop between Denver and Raleigh/Durham starting on June 11.

Frontier is also adding two new routes from Philadelphia to both Minneapolis/St. Paul and Houston (Bush Intercontinental) starting on April 30.

The airline is also adding new services from Chicago (O’Hare) to Austin and Los Angeles on April 14, and Raleigh/Durham and San Francisco starting on April 30.

Copyright Photo: Michael B. Ing/AirlinersGallery.com. Airbus A319-111 N922FR (msn 2012) in the old 2001 livery with Foxy, the Red Fox, on the tail, arrives in Los Angeles.

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Frontier’s expanding route map:

Frontier (2nd) 2.2015 Route Map

The painting of the first easyJet Airbus A319 in the new look

EasyJet (UK) (London-Luton) has issued this new video (below) on the painting of the pictured Airbus A319-111 G-EZDE (msn 3426) (above) in the new 2015 color scheme.

Above Copyright Photo: Terry Wade/AirlinersGallery.com. G-EZDE arrives at London (Gatwick) in the new livery.

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Video:

EasyJet today unveils its new livery


EASYJET  NEW PLANE LIVERY Pix.Tim Anderson

EasyJet (easyJet.com) (London-Luton) today (February 3) unveiled its new livery on the pictured Airbus A319-111 G-EZDE (msn 3426). The airline issued this statement:

EasyJet, the UK’s largest airline, has launched a new aircraft livery – the first change to the look of the airline’s iconic white and orange fleet since easyJet.com replaced the call center number on the fuselage in 1998.

There are two main design changes. EasyJet’s trademark orange has been extended from the tail fin on to the fuselage to create a larger space for the easyJet logo which is 15% bigger than before.

Secondly, an orange stripe reflecting the design language of easyJet’s advertising has been introduced on to the fuselage. This enables the easyJet logo to be reversed out of that color – in accordance with brand guidelines – and to give the plane a sleek, more modern look.‎ Finally, the “.com” has been dropped.

The airline currently has a fleet of 226 aircraft – a mixture of Airbus A319s and A320s. The new livery will feature on all new easyJet aircraft deliveries from April 2015. EasyJet has 197 Airbus A320 aircraft on order, the majority of which will replace older A319 aircraft currently in the fleet.

In addition, younger planes in easyJet’s fleet will have the new livery applied when they ‎are scheduled to be repainted, typically every six years. Taken together this means 29 aircraft will be flying with the new look by the end of 2015 and 50% of the fleet will sport the new livery by the end of 2017.

A specialist team is needed to repaint an aircraft which takes around seven days on average.

During easyJet’s 19 year history there have been only two aircraft styles. The first, seen in 1995 on easyJet’s first aircraft, was different to anything else flying as it advertised the booking number along the fuselage in giant lettering. The second, which entered service in 1998, displayed easyJet.com across the fuselage which reflected the important move the airline made to online booking.

Photo: EasyJet (UK).

Video: The painting of the first aircraft by easyJet:

EasyJet (UK) aircraft slide show:

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