Tag Archives: A320233

Belle Air of Albania ceases all operations

Belle Air (Tirana) ceased all operations yesterday (November 25). The private Albanian airline had launched operations on March 1, 2006 to seven airports in Italy. The company blamed the failure on the “general economic situation, the decline of the purchasing power, recession in the markets it operates as well as from the freezing for over 18 days of its bank accounts”.

It is unclear if this suspension also includes the operations of Belle Air Europe (Prishtina).

Copyright Photo: Ton Jochems/AirlinersGallery.com. Airbus A320-233 F-ORAD (msn 558) taxies past the camera at Antalya, Turkey.

Belle Air A320 and FAs (Belle Air)(LR)

Belle Air (Albania): AG Slide Show

Belle Air (Albania) logo

Route Map:

Belle Air (Albania) 11.2013 Route Map

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Avianca Holdings reports adjusted net income of $99.1 million in the third quarter

Avianca Holdings S.A. (Avianca) (Bogota) for the third quarter of 2013 reported a consolidated adjusted net income of $99.1 million (all amounts in US dollars) excluding FX effects related to liabilities denominated in Colombian Pesos and on the gain on sale of assets. This represents an increase of 151.3% over the same period in 2012. Avianca´s adjusted net profit margin increased by 450 basis points reaching 8.5%. Including the aforementioned effects on net income, Avianca Holdings S.A. and its subsidiaries generated a net income of $39.9 million.

Operating revenue came in at $1.182 million, representing an increase of 9.6% over the same period of 2012. Said increase is the result of a rise of 9.4% in passenger income resulting from a growth of 3.5% in carried passengers. Cargo and other revenues grew by 10.9%. This increase is mainly driven by the cargo and loyalty program business unit.

Revenue per Seat Kilometer (RASK) grew 3.6% whereas the Cost per Available Seat Kilometer (CASK) in 3Q 2013, grew from USD$10.3 cents to USD$10.4 cents, an increase of 1,5% with respect to the same period in 2013.

EBITDAR (earnings before interest, tax, depreciation, amortization and aircraft rentals) increased 23.1% with respect to 3Q 2012. The EBITDAR margin reached 20.1%.

Operating income (EBIT) for 3Q 2013 rose to $132.2 million, a 32.2% increase with respect to the $100.0 million reached in the same period in 2012. The operating margin in 3Q 2013 came in at 11.2%, increasing by 1.9pp with respect to 3Q 2012. Said rise was generated by an increase in operating revenue as well as by cost control measures.

Capacity, measured in ASKs (Available Seats per Kilometer) grew by 5.87% throughout 3Q 2013. This growth is driven by the expansion of Avianca’s operations in its core markets, the incorporation of larger aircraft as well as an improvement in operating cycles of 1.1%. Traffic measured in RPKs (Revenue Passenger Kilometer) grew 5.9%, resulting in a Load Factor of 82.0% representing an increase of 20 basis points with respect to the Load Factor of 3Q 2012.

In accordance with the fleet renovation and modernization plan, between July and September 2013, the company through its subsidiary Avianca S.A., took delivery of one Airbus A320 aircraft equipped with Sharklets (see above), one ATR 72-600 and one A330-200 freighter. As a result, Avianca Holdings S.A. subsidiaries ended the quarter with a consolidated operating fleet of 154 aircraft.

With these third quarter results, Avianca Holdings S.A. reports a consolidated net income for the last 9 months of $183.4 million, reaching accumulated net margin of 5.4% year to date.

During the remainder of 2013, the company expects to continue with a capacity expansion in its key markets, as a result the company forecasts ASK growth between 7% and 8% for the full year 2013 compared to 2012. In terms of passenger traffic, the company expects a sustained growth during the remainder of 2013. Passenger numbers are expected to increase between 9% and 10% for the full year 2013 and as a result the load factor should stand between 79% and 80%.

Avianca Holdings S.A. is an investment firm that serves as an instrument for the execution of the shareholders agreement which resulted in the integration process known as AviancaTaca and acts as the controlling company for the integrated operation of various airlines that operate both domestically and internationally: Aerovías del Continente Americano S.A. Avianca (Avianca), Tampa Cargo S.A. incorporated in Colombia, Aerolíneas Galápagos S.A. Aerogal incorporated in Ecuador, and the companies that make up the TACA Group: TACA Internacional Airlines S.A., incorporated in El Salvador; Líneas Aéreas Costarricenses S.A., LACSA, incorporated in Costa Rica, Trans American Airlines S.A. TACA Peru incorporated in Peru, Servicios Aéreos Nacionales S.A., SANSA incorporated in Costa Rica, Aerotaxis La Costeña S.A., incoporated in Nicaragua and Isleña de Inversiones C.A. de C.V. ISLEÑA incorporated in Honduras.

Copyright Photo: Gerd Beilfuss/AirlinersGallery.com. The pictured Airbus A320-233 D-AXAS (msn 5840) was handed over to Avianca (Colombia) as N603AV on November 5.

Avianca (Colombia): AG Slide Show

LAN Colombia joins Oneworld, TAM to join on March 31, 2014

LAN Colombia (formerly AIRES Colombia) (Bogota) yesterday (October 1) joined the oneworld® alliance.

 

LAN Colombia, a company related to LATAM Airlines Group SA (LAN Airlines), has entered oneworld as an affiliate member.   LAN Airlines has been a full member of oneworld since 2000.  All its other passenger airline affiliates have subsequently joined the alliance as affiliate members – LAN Argentina, LAN Ecuador, LAN Peru and, from today, LAN Colombia – and, it was announced today, TAM will enter oneworld on 31 March 2014 with its Paraguayan affiliate to follow on a date yet to be confirmed.
This will bring all of the components of Latin America’s leading airline group into the world’s leading quality airline alliance, building on oneworld’s position as the first choice airline alliance for frequent international travelers within South America and worldwide.
LAN Colombia was welcomed into oneworld at a ceremony this morning at its Bogota base hosted by LAN Colombia’s Chairman Nicolás Cortázar, its Executive Director Hernán Pasman and its Corporate Director Maria Lara, with oneworld CEO Bruce Ashby, flying in from his New York base, LATAM Vice-President Strategic Alliances Soledad Berrios, from LAN Airlines’ Santiago head office, and senior representatives from the other oneworld airlines serving Colombia, led by American Airlines Managing Director Alliances Latin America Eduardo Marcos, from its Dallas-Fort Worth head office, and Iberia Country Manager María Consuelo Sánchez.
LAN Colombia’s Chairman, Nicolás Cortázar, said: “LAN Colombia is very proud to have joined oneworld.  For our company, it represents a significant milestone.  For our country, it significantly improves our access to the rest of the world, helping attract more business visitors and tourists, enabling Colombians to reach more of the world’s most important business centres worldwide and making it easier to travel the world from any of the destinations we serve throughout Colombia.”
Since its launch in December 2011, LAN Colombia has quickly established itself as the second biggest airline in South America’s second largest economy.  In total, it serves 24 airports in four countries with a fleet of 24 aircraft operating 130 departures a day.  It boarded 3.7 million passengers in 2012.
TAM Airlines (TAM Linhas Aereas) (Sao Paulo), a company related to LATAM Airlines Group, will join oneworld® with effect from March 31, 2014, adding the leading carrier in Brazil – Latin America’s biggest economy and largest market for air travel demand – to the world’s leading quality global airline alliance.
TAM’s entry into oneworld with effect from the first flights on March 31, 2014 will follow immediately upon its exit from the Star Alliance with effect from the final flights on March 30, 2014.
TAM serves 60 destinations in 16 countries in Latin America, the USA and Europe, with a fleet of 161 aircraft operating 800 departures daily.  It boarded 38 million passengers in 2012.
Three of oneworld’s existing members – American, Iberia and LAN – already serve three destinations in Colombia, in Bogota, Cali and Medellin.   LAN Colombia expands that to a total of 21 Colombian gateways.
Across South America, oneworld’s established member airlines already serve 71 destinations in 11 countries.  LAN Colombia and TAM add another 56 airports in the region to that network – with LAN Colombia bringing 18 airports on board and TAM.
Worldwide, with LAN Colombia, TAM and the other airlines lining up to join, oneworld will:
  • Serve almost a thousand airports in more than 150 countries, with 14,000 daily departures.
  • Carry 480 million passengers a year on a combined fleet of more than 3,200 aircraft.
  • Generate US$ 140 billion annual revenues.
The addition of LAN Colombia  and TAM from March 31, 2014 represents a cornerstone of oneworld’s biggest membership expansion yet.  Other elements elsewhere in the world include:
  • The addition of Malaysia Airlines, one of this industry’s most frequent award winners, six months ago, further strengthening oneworld’s position in South East Asia, one of the fastest growing regions for air travel demand.
  • The induction on October 30, 2013 of Qatar Airways, the only one of the “Gulf Big Three” carriers slated to join any of the global airline alliances and one of the world’s fastest growing and most highly rated airlines.  This will make oneworld the leading alliance in the Middle East, one of the world’s fastest growing regions for air travel demand.
  • The introduction early next year of SriLankan Airlines, as the first airline from the Indian subcontinent to join any global alliance, which, with Qatar Airways, will make oneworld the leading alliance in the region.
  • The proposed switch by US Airways from Star to oneworld as part of its planned merger with American Airlines, subject to necessary approvals.

 

Copyright Photo: Brian McDonough/AirlinersGallery.com. LAN Colombia’ Airbus A320-233 CC-CQN (msn 3319) prepares to land at Miami.

LAN Argentina is evicted from its hangar in Buenos Aires, can it survive?

LAN Argentina (Buenos Aires) has been served notice to terminate its maintenance hangar lease at the downtown Aeroparque Jorge Newbery Airport in Buenos Aires. The Argentine airline of the LATAM Group is being evicted from the Aeroparque hangar although it has been faithfully paying its rent and has a contract through 2023. The carrier needs the hangar to maintain operations in Argentina. LAN Argentina has stated it will take the forced eviction to court in Argentina.

The airline competes against state-run Aerolineas Argentinas (Buenos Aires). According to this report by the BBC, the current government of Argentina, headed by Cristina Fernandez de Kirchner, has been accused of protecting state-run companies in the past.

Meanwhile the government of Argentina has accused LAN Airlines and LAN Argentina of stirring up worker sentiment against Argentina.

Read the full report from the BBC: CLICK HERE

Read the full report from Reuters: CLICK HERE

Read analysis by Argentina Airline News: CLICK HERE

Copyright Photo: Bernardo Andrade/AirlinersGallery.com. LAN Argentina’s Airbus A320-233 LV-BFO (msn 1877) in the Oneworld scheme, taxies at Aeroparque. The government wants to reportedly reserve the convenient downtown airport for the exclusive use of Aerolineas Argentinas and its subsidiary Austral.

Video: Arriving over Buenos Aires and landing at AEP:

LAN Argentina: AG Slide Show

Newsworthy Photo of the Day – May 29, 2013

Jet2.com (Titan Airways) Airbus A320-233 G-POWI (Friendly Low Fares) PMI (Javier Rodriguez). Image: 912308.

Copyright Photo: Javier Rodriguez/AirlinersGallery.com.

Jet2: AG Slide Show

Frameable Color Prints and Posters: AG All Photos Available

Newsworthy Photo of the Day – May 26, 2013

Onurair Airbus A320-233 TC-OBG (msn 916) (21 Years) BRU (Karl Cornil). Image: 912268.

Copyright Photo: Karl Cornil.

Onurair: AG Slide Show

Frameable Color Prints and Posters: AG All Photos Available

AviancaTaca Holding reports net income rose by 73.9% to $191 million in 2012, TACA cuts routes from San Jose

AviancaTaca Holding (Avianca and TACA) (Bogota and San Salvador) has announced its financial results for 2012 and the first quarter of 2013 and issued this statement:

AviancaTaca Holding and its subsidiaries reported an increase of 12.9% in passenger numbers compared to 2011.

During 2012, AviancaTaca Holding S.A. recorded net profit of COP$351,684 million ($190.9 million), up 73.9% compared to 2011.

In 2012 AviancaTaca Holding S.A. continued work on expanding its network of routes and creating new air services for travelers flying to and from the Americas and Europe.

According to AviancaTaca’s CEO, Fabio Villegas: “Following the integration of Avianca and TACA operations the Company has launched 46 new routes, and over the last year has emphasized connectivity between high demand points in the local markets of Colombia, Peru and Central America, and throughout the Americas and the Caribbean. This expansion process is taking place in parallel with the renewal of the aircraft fleet and the development of an intensive campaign to further improve the internal service culture.”.

As a result of the increase in seat capacity, flight services to key destinations and also an improvement in service standards, AviancaTaca Holding and its subsidiaries transported 23.1million passengers in 2012, an increase of 12.9% compared to 2011.

Between January and December 2012 the number of travelers transported in markets within Colombia, Peru and Ecuador was 13,255,502, up 18.5% compared to 2011. The number of passengers transported by the Company on international routes was 9,837,031, an increase of 6.1% compared to 2011.

Financial Results

Between January and December 2012, Avianca, TACA and subsidiaries recorded an operating income of $4,254 million (USD), up 11.2% from 2011. Operating profit for the year was $282 million (USD).

The EBITDAR (earnings before interest, taxes, depreciation, amortization and aircraft leasing payments) for 2012 was USD$737.5 million and net profit totaled $195.6 million (USD).

Consistent with an increase of 10.3% in ASK capacity (seats available per kilometer flown), passenger traffic in RPK (passenger revenue per kilometer flown) increased by 10.3%. The average Load Factor was 79.6%.

In the first quarter of 2013, the Company reported net income of $75.3 million (USD).

Strategic projects

During 2012 the Company incorporated 14 new jet aircraft: two Airbus A330s, four Airbus A319, seven Airbus A320 and one Airbus A330F exclusively for cargo. It also announced the firm order for 15 ATR 72-600 aircraft and rights to purchase 15 more, which will be assigned to cover regional routes within Colombia and short and medium-haul markets in Central America.

In other news, TACA is eliminating routes from San Jose, Costa Rica and laying off 261 employees. The airline issued this statement:

Starting May 17, the Airline adjusts operations to and from San Jose, Costa Rica, in order to meet market needs

The airline will keep direct flights between San Jose and Caracas, Mexico, Miami, Guatemala, Tegucigalpa, San Pedro Sula, Managua, and Panama, as well as the connecting flights to hubs in El Salvador, Bogota, and Lima

All travelers with a reservation in flights from San Jose to Caracas, Mexico, Miami, Guatemala, Tegucigalpa, San Pedro Sula, Managua and Panama, as well as to our hubs in El Salvador, Bogota and Lima, will keep their itinerary as scheduled.

Flights canceled as of May 17, 2013:


Flight number

Route

LR661 San Jose CR – Quito
LR660 Quito – Guayaquil – San Jose CR
LR660 San Jose CR – Nueva York
LR661 New York – San Jose CR
AV693 San Jose CR – Panama – Medellin
AV692 Medellin – Panama – San Jose CR
LR652 San Jose CR – Havana
LR653 Havana – San Jose CR
LR672 Panama – San Jose CR
LR673 San Jose CR – Panama
LR604 San Jose CR – Los Angeles
LR605 Los Angeles – San Jose CR
LR684 San Jose CR – Monterrey
LR685 Monterrey – San Jose CR
LR678 San Jose CR – Managua
LR679 Managua – San Jose CR

Flights canceled as of June 16, 2013:


Flight number

Route

TA953 San Jose CR – Lima
TA952 Lima – San Jose CR
TA454 Tegucigalpa – Miami
TA455 Miami – Tegucigalpa

TACA was founded in 1931 and boasts more than 80 years of history. It links the Americas together through its four Hubs (Colombia, El Salvador, Costa Rica and Peru), and its extensive route network from Canada to Brazil, flying to 50 destinations in 22 countries. Its fleet consists of Airbus A319, A320 and A321 aircraft and new Embraer 190 aircraft. In addition, its regional operations service 39 destinations in Central American countries with a fleet of ATR 42, Short SD3-60, Twin Otter and Cessna Grand Caravan aircraft.

TACA logo-1

Copyright Photo: Bruce Drum. The TACA name and brand will be retired at the end of May ending a long history. TACA’s Airbus A320-233 N682TA (msn 3581) arrives at Miami painted in the last (2008) livery for the company. All TACA aircraft will be repainted into the red and white Avianca brand and operate under the Avianca name. Goodbye TACA.

Avianca (Colombia): AG Slide Show

TACA: AG Slide Show