Tag Archives: Airbus A300B4

FedEx Express and its pilots agree to a new contract

FedEx Express (Memphis) and its pilots, represented by ALPA, have finalized a new contract.

ALPA issued this statement:

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The pilots of FedEx Express, represented by the Air Line Pilots Association, Int’l. (ALPA), have approved a new contract agreement with FedEx management. The new agreement provides across-the-board increases to hourly pay rates and new-hire compensation, a significant signing bonus, retirement plan enhancements, work-rule improvements, and other positive modifications.

Copyright Photo: Ken Petersen/AirlinersGallery.com. Airbus A300B4-622R (F) N686FE (msn 804) departs from Raleigh-Durham International Airport (RDU).

FedEx Express aircraft slide show: AG Airline Slide Show

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FedEx pilots’ union leadership approves the the tentative agreement

The FedEx Master Executive Council (MEC), the governing body of the FedEx Express (Memphis) unit of the Air Line Pilots Association, Int’l (ALPA), voted to approve the tentative contract agreement reached on August 19 with FedEx management.

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The agreement now goes before more than 4,000 FedEx pilots eligible to vote in balloting that is scheduled to begin September 28, 2015, and close on October 20, 2015.

The new agreement provides across-the-board increases to hourly pay rates and new-hire compensation, a significant signing bonus that addresses the time elapsed since the agreement was amendable, retirement plan enhancements, and work-rule improvements. If ratified, the contract will go into effect November 2015 and would become amendable in 2021.

Copyright Photo: Ken Petersen/AirlinersGallery.com. Airbus A300B4-622R (F) N728FD (msn 581) climbs away from Raleigh-Durham International Airport (RDU).

FedEx Express aircraft slide show: AG Airline Slide Show

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Tunisair files to serve Montreal

Tunisair (Tunis) is planning to add twice-weekly service between Tunis and Montreal (Trudeau) per Airline Route. The airline has filed the request with no date given for the start of services, pending approvals. The new route will be operated with Airbus A300s.

Copyright Photo: Antony J. Best/AirlinersGallery.com. Airbus A300B4-605R TS-IPA (msn 558)

Tunisair aircraft slide show: AG Airline Slide Show

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Transcarga to start regularly scheduled cargo flights to Miami and Houston

Transcarga International Airways – La Linea de Venezuela (2nd) (Caracas) is starting regularly scheduled cargo flights this month to Miami and Houston (Bush Intercontinental). Per their website, the company has been authorized to operate 20 flights a month to Miami from Venezuela and 10 flights a month to Houston. In February the cargo airline is expected to request more frequencies. The company has added three Airbus A300B4-203 (F) freighters (YV560T, msn 261, YV562T, msn 274 and YV563T, msn 220).

The current Transcarga International Airways, C.A. was formed on October 21, 1998 with 100% Venezuelan capital. Transcarga received its AOC in 2001 with cargo operations commencing in November 2001. In 2002 the airline obtained 402 authority from the United States Department of Transportation (DOT) to operate wet lease flights to and from the USA. The carrier has operated cargo charter flights to Miami in the past.

The original Transcarga – Transportes Aereos de Carga (1st) (ex LEBCA) (subsidiary of VIASA) operated from 1968 to 1979 with Douglas DC-7C and DC-8 freighters.

Copyright Photo: Tony Storck/AirlinersGallery.com.  Airbus A300B4-203 (F) YV560T (msn 261) is pictured at Miami on a route proving flight.

Transcarga (2nd) aircraft slide show:

 

FedEx Corporation reports net income of $616 million, up 23% from last year’s $500 million

FedEx Corporation (FedEx Express) (Memphis) reported earnings of $2.14 per diluted share for its fiscal second quarter ended November 30, up 36% from last year’s $1.57 per share. The corporation reported net income of $616 million, up 23% from last year’s $500 million. However the corporation missed several analyst profit estimates despite declining fuel costs.

The company issued this statement:

“FedEx posted strong results and a higher operating margin in the second quarter, with continued growth in volumes and base yields in each of our transportation segments”

“FedEx posted strong results and a higher operating margin in the second quarter, with continued growth in volumes and base yields in each of our transportation segments,” said Frederick W. Smith, FedEx Corporation chairman, president and chief executive officer. “We are in the final stages of this year’s peak shipping season, and I’d like to thank the more than 300,000 dedicated team members around the world for once again delivering outstanding service to our customers during the holidays.”

Second Quarter Results

FedEx Corp. reported the following consolidated results for the second quarter:

• Revenue of $11.9 billion, up 5% from $11.4 billion the previous year

• Operating income of $1.01 billion, up 22% from $827 million last year

• Operating margin of 8.5%, up from 7.3% a year ago

• Net income of $616 million, up 23% from last year’s $500 million

Operating income and margin increased primarily due to higher volumes and base yields in all three transportation segments. Results in the second quarter also included benefits from the company’s profit improvement programs, lower pension expense and a slightly positive net impact from fuel. These benefits were partially offset by higher aircraft maintenance expense due to the timing of aircraft maintenance events.

Share repurchases benefited second quarter earnings by $0.16 per diluted share.

Outlook

The company reaffirms its fiscal 2015 earnings forecast of $8.50 to $9.00 per diluted share. The outlook assumes continued moderate economic growth and a modest net benefit from fuel. The capital spending forecast for fiscal 2015 remains $4.2 billion.

Fuel Surcharges

FedEx regularly reviews its fuel surcharge tables and will update certain tables at FedEx Express, FedEx Ground and FedEx Freight effective February 2, 2015. Details on these changes will be available on fedex.com by December 23, 2014.

FedEx Express Segment

For the second quarter, the FedEx Express segment reported:

• Revenue of $7.02 billion, up 3% from last year’s $6.84 billion

• Operating income of $484 million, up 36% from $357 million a year ago

• Operating margin of 6.9%, up from 5.2% the previous year

Revenue increased due to higher U.S. domestic package volume and international export package base revenue, partially offset by lower fuel surcharges and exchange rates. U.S. domestic package volume grew by 7%, including a 10% increase in U.S. overnight box. U.S. domestic revenue per package declined 2% due to decreased fuel surcharges and lower weight.

FedEx International Economy® volume grew 5%, while FedEx International Priority® volume increased 1%. International export revenue per package was flat, as higher rates were offset by unfavorable currency exchange and lower fuel surcharges.

Operating results improved due primarily to U.S. domestic and international export package revenue growth, cost management related to profit improvement programs, lower pension expense and a slight net benefit from fuel. These improvements were partially offset by the timing of higher aircraft maintenance expense. The year over year increase in aircraft maintenance expense is expected to subside beginning in the fourth fiscal quarter.

FedEx Ground Segment

For the second quarter, the FedEx Ground segment reported:

• Revenue of $3.06 billion, up 8% from last year’s $2.85 billion

• Operating income of $465 million, up 6% from $439 million a year ago

• Operating margin of 15.2%, down from 15.4% the previous year

FedEx Ground average daily volume grew 5% in the second quarter, driven by growth in both business-to-business and FedEx Home Delivery services. Revenue per package increased 3% due to rate increases and higher residential surcharges. FedEx SmartPost average daily volume decreased 4% due to the reduction in volume of a major customer. FedEx SmartPost revenue per package increased 7% due to rate increases and improved customer mix, partially offset by higher postage rates.

Operating income increased due to higher revenue per package and volume, partially offset by higher network expansion costs, as the company continues to heavily invest in the FedEx Ground and FedEx SmartPost businesses.

FedEx Freight Segment

For the second quarter, the FedEx Freight segment reported:

• Revenue of $1.59 billion, up 11% from last year’s $1.43 billion

• Operating income of $112 million, up 35% from $83 million a year ago

• Operating margin of 7.1%, up from 5.8% the previous year

Less-than-truckload (LTL) average daily shipments increased 8%, including a 10% increase in demand for Priority service. LTL revenue per shipment grew 3% due to higher weight per shipment, higher rates and increased fuel surcharges.

Operating results improved due to increased LTL revenue per shipment and higher average daily LTL shipments.

Copyright Photo: Jay Selman/AirlinersGallery.com. Monday, December 15, was the busiest day for FedEx in its history according to the company. Cutting through the early morning mist at Charlotte is Airbus A300B4-622R (F) N719FD (msn 388) bound for the Memphis cargo hub.

FedEx Express aircraft slide show:

 

The Beluga fleet celebrates 20 years of flying

Airbus (Toulouse) is celebrating the 20th anniversary of its transport aircraft named the Beluga. The company issued this recognition:

With its maiden flight on September 13, 1994, the popular Beluga cargo aircraft, affectionately named after the white whale because of its remarkable shape, is celebrating this week twenty years of transporting Airbus component parts between Airbus’ European manufacturing sites.

Since 1995, the fleet of five Beluga aircraft (below) replaced the ageing Super Guppy transporters in order to supply the Airbus final assembly lines in Toulouse and Hamburg. Today, more than sixty flights are performed each week between eleven sites, carrying crucial parts for all of the Airbus programs, including the A380*.

The Beluga fleet is operated by Airbus Transport International (ATI), an Airbus subsidiary airline, and each Beluga crew is composed of a pilot, a co-pilot and a flight engineer.

With the production start of the A350 XWB in 2012 and the production ramp-up on other Airbus programmes, the Beluga activities again will substantially increase over the next five years.

In order to accompany this challenge, Airbus launched in 2011 the Fly 10 000 project. Flight crew numbers and flight hours have grown and loading procedures have been further optimized, with the opening of new integrated loading facilities in Hamburg and Bremen in Germany and Saint-Nazaire in France. Broughton, UK and Getafe, Spain will follow soon. Fly 10,000 should allow the Beluga fleet to double its activities by 2017 (from 5,000 to 10,000 flight hours).

“The Beluga is an essential element of Airbus’ integrated logistics and production ‎system. It is thanks to its reliability and engagement of the Beluga teams that we can fulfil our constant pursuit of efficiency”, said Günter Butschek, Airbus Chief Operating Officer.

The Beluga is based on the twin-engine A300-600R, appreciated for its reliability and its cost-effectiveness. It is powered by General Electric CF6-80C2 engines. With its impressive dimensions (56 m long, 17 m high, a fuselage diameter of 7.71 m and a main-deck cargo volume of 1,400m3), the Beluga is the champion of its category (compared with the Antonov AN-124 or even the C-17). The Beluga can carry a maximum payload of 47 metric tonnes non-stop over a range of 1,660 km/900 nm.

*only the Vertical Tailplane and tailcone, all other A380 components being transported through the “multimodal transport system (sea, river, road).

Top Copyright Photo: Guillaume Besnard/AirlinersGallery.com. Airbus Transport International A300B4-608ST Beluga F-GSTB (msn 751) gracefully (for a whale) departs from the Toulouse base.

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Bottom Copyright Photo: Airbus. The Beluga fleet joins a rare group photo at Toulouse.

Airbus Beluga fleet (Grd) TLS (P. Pigeyre-Airbus)(LRW)

 

Will the Eastern name and brand return to Miami? CEO Ed Wegel wants to fly Airbus A320s in Eastern colors

Eastern Air Lines Group, Inc., (2nd) (Miami) has filed an application with the United States Department of Transportation (DOT) for a Certificate of Public Convenience and Necessity.  Eastern plans on commencing its Part 121 certification with the Federal Aviation Administration (FAA) shortly and has retained legal counsel and consultants for this purpose.

“We are honored to have the opportunity to launch an airline bearing the iconic Eastern Air Lines name,” said Eastern’s President and CEO Edward Wegel. “We have recruited a world class board of directors and a highly experienced management team to guide and lead this effort.”

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Eastern Air Lines Group, Inc. was formed to relaunch Eastern Air Lines as a passenger airline using the Airbus A320 aircraft from its main base of operations at Miami International Airport (MIA).  Eastern’s headquarters is located in Building 5A at MIA.

Eastern Air Lines Group, Inc. is not affiliated with the former Eastern Air Lines, which operated from 1928 to 1991 as one of the largest U.S. domestic air carriers.

For more information visit www.easternairlines.aero and follow @FlyEastern.

Copyright Photo: Bruce Drum/AirlinersGallery.com. The original Eastern Airlines was the U.S. launch customer of the Airbus A300. Airbus A300B4-103 N213EA (msn 092) taxies to the gate (now American Airlines’ Terminal D on the north side) at Eastern’s old Miami International Airport hub. Eastern sold its Latin American routes to American Airlines.

Eastern Airlines (original): AG Slide Show