Tag Archives: Airbus A320-232

Wow Air returns four Airbus aircraft to its lessors as it restructures

Wow Air Airbus A320-232 TF-BRO (msn 4305)  BWI (Tony Storck). Image: 932689.

Wow Air has issued a regulatory statement that it is downsizing its fleet by four aircraft – one Airbus A320 (TF-BRO), one A321 (TF-DAD) and two A330-300s (TF-WOW and TF-LUV) “as a part of necessary restructuring of the airline and to ensure maximum utility of its remaining fleet.”

 

The aircraft are being put into storage in Europe.

Top Copyright Photo (all others by the airline): Wow Air Airbus A320-232 TF-BRO (msn 4305) BWI (Tony Storck). Image: 932689.

Wow Air aircraft slide show:

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Laudamotion officially unveils its new Airbus A320 and livery

First Lauda aircraft in the new identity

Laudamotion is celebrating a new era. On November 22, 2018 the pictured ex-Turkish Airlines Airbus A320-232 (OE-LOB, msn 2928, ex TC-JPC) was officially welcomed at Palma de Mallorca with a traditional water cannon salute on its first revenue flight.

The aircraft also displays the new livery which now emphasizes (again) the Lauda name.

Top Copyright Photo (all others by the airline): Lauda – laudamotion.com Airbus A320-232 OE-LOB (msn 2928) PMI (Javier Rodriguez). Image: 944558.

Laudamotion aircraft slide show:

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JetBlue officially introduces its Brooklyn Nets logo jet

JetBlue Airways today revealed its latest special livery dedicated to the Brooklyn Nets.

The pictured Airbus A320-232 N633JB (msn 2671) “BK Blue” joins JetBlue’s legion of New York-themed aircraft. JetBlue was named the Official Domestic Airline of Barclays Center and the Brooklyn Nets in 2013 and has renewed its partnership for another five-year term.

“BK Blue” was designed by a team of Brooklynites and New Yorkers. The aircraft honors New York City’s largest borough with special touches unique to Brooklyn such as street art, architecture, and hip hop. Additional highlights of the livery:

  • Straying from the airline’s traditional blue paint scheme, this all black and white aircraft includes the Brooklyn Nets logo on the tail, the silhouette of the Brooklyn Bridge and Barclays Center on the fuselage, and the phrase “Spread Love” on the underbelly.
  • The design includes the airline’s co-branded trademark with New York State’s iconic tourism campaign and logo, I LOVE NEW YORK, solidifying JetBlue’s status as the official hometown airline of New York.
  • Aligned with JetBlue’s mission of inspiring humanity, “BK Blue” will “Spread Love” and award-winning service as it travels throughout JetBlue’s network in the U.S., Latin America and the Caribbean.

As the Official Domestic Airline of the Brooklyn Nets and Barclays Center and part of the renewed partnership, JetBlue has also brought one of its most popular products to the arena. JetBlue is now sponsoring the arena’s wireless network renamed Fly-Fi®, same as JetBlue’s award-winning, free onboard Wi-Fi. Already a customer favorite onboard, Fly-Fi® will be available to Barclays Center’s millions of annual attendees.

“For JetBlue, continuing our partnership with the Brooklyn Nets and Barclays Center was a slam dunk,” said Marty St. George, executive vice president commercial and planning, JetBlue. “Crossing the bridges into Brooklyn, you’ll find that the borough has a distinct personality and some of the most loyal customers and fans around. Our full court press approach makes our unique product offerings like Fly-Fi accessible to customers both in the air and at Barclays Center.”

The new Airbus A320 livery was revealed at JetBlue’s Hangar at New York’s JFK International Airport. To celebrate the tip-off of the 2018-19 NBA basketball season, the extended partnership and this new plane, the Brooklyn Nets revealed their new Nike NBA City Edition uniform and merchandise line with a fashion show.

City Edition uniforms are designed by Nike to honor each NBA team’s hometown in a unique way, and this season, the Nets’ City Edition uniforms will honor The Notorious B.I.G., who grew up and made a name for himself in the borough’s Bed-Stuy neighborhood.

The black uniform features a multi-color “Brooklyn Camo” pattern inspired by the iconic rapper, which runs down the sides of the jersey & shorts, and along the sleeve & neckline piping. The pattern represents the cultural diversity in the borough, which is home to people of all races, religions, and ethnicities, who have one important unifying trait – Brooklyn swagger.

“JetBlue Airways was one of Barclays Center’s first partners when we opened our arena doors in 2012, and today marks a terrific expansion to our great partnership,” said Brett Yormark, CEO of BSE Global. “A fully branded aircraft that pays homage to Brooklyn and one of its most beloved icons is a fitting statement to make as we enter the next phase of our strategic alliance. JetBlue is committed to providing their customers with the same world-class experience we provide to our guests, and we are excited to work with New York’s hometown airline in new and innovative ways.”

 

JetBlue increases international flights with new Guayaquil service

JetBlue Airways Airbus A320-232 N603JB (msn 2352) (jetBlue vacations) LGB (Michael B. Ing). Image: 943393.

JetBlue Airways today announced that new flights between Fort Lauderdale-Hollywood international Airport (FLL) and Guayaquil, Ecuador’s José Joaquín de Olmedo International Airport (GYE) are set to launch on February 28, 2019.

Guayaquil becomes JetBlue’s sixth destination in South America, second in Ecuador and expands the airline’s broader reach into Latin America and the Caribbean. In recent years, the airline’s network strategy has focused on enhancing international markets which has translated into service in 22 countries. JetBlue’s footprint outside of the U.S. continues to grow as the airline adds and increases routes to more than a dozen unique island destinations in the Caribbean and in various cities in Mexico, Peru, Costa Rica, and Colombia.

The new service also advances JetBlue’s position as the top airline at Fort Lauderdale-Hollywood, where the airline plans to operate 140 daily flights in the coming years. It is one of JetBlue’s fastest-growing focus cities, serving customers throughout South Florida and offering a fast and convenient alternative for Miami-Dade travelers. The airline also recently expanded its operation to new gates in Terminal 3 and began utilizing Terminal 1 for additional international arrivals to help support future growth.

Additionally, JetBlue customers in a variety cities beyond Fort Lauderdale/Hollywood – including New York, Boston, Los Angeles, Washington, D.C., Atlanta, Philadelphia and more – will benefit from the new route with convenient connections through JetBlue’s south Florida focus city.

Daily Schedule between Fort Lauderdale/Hollywood (FLL) and Guayaquil, Ecuador (GYE)
Beginning February 28, 2019 (southbound) & March 1, 2019 (northbound)
FLL – GYE Flight #1255 GYE – FLL Flight #1256
7:00 p.m. – 11:45 p.m. 12:45 a.m. – 5:21 a.m.

New service between Fort Lauderdale/Hollywood and Guayaquil will be operated on JetBlue’s Airbus A320 aircraft.

Top Copyright Photo (all others by JetBlue): JetBlue Airways Airbus A320-232 N603JB (msn 2352) (jetBlue vacations) LGB (Michael B. Ing). Image: 943393.

JetBlue aircraft slide show:

Routes from FLL:

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JetBlue announces third quarter 2018 results

"Bluericua", a salute to Puerto Rico

JetBlue Airways Corporation today reported its results for the third quarter 2018:

  • Reported diluted earnings per share of $0.16, inclusive of $112 million in one-time costs related to the E190 fleet transition and the recently-signed pilot contract. Excluding these costs, adjusted diluted earnings per share of $0.43(1). This compares to JetBlue’s third quarter 2017 diluted earnings per share of $0.55.
  • GAAP pre-tax income of $68 million. Excluding the one-time costs, adjusted pre-tax income of $180 million(1), a decrease of 39.5% from the third quarter of 2017.
  • Pre-tax margin of 3.4%, inclusive of the one-time costs. Excluding these one-time costs, adjusted pre-tax margin of 9.0%(1), a 7.4 point decrease year over year.

Highlights from the Third Quarter 2018

  • Third quarter 2018 revenue per available seat mile (RASM) increased 1.7%, year over year, including 0.4 points of negative impact from severe weather during September.
  • Operating expenses per available seat mile, excluding fuel (CASM ex-fuel) growth of 3.2%, at the lower end of the updated guidance range of 3.0% to 5.0%. CASM ex-fuel for the third quarter includes a 2.0 point headwind related to recurrent costs of the pilot contract, effective as of August 1st.

Key Guidance for the Fourth Quarter and Full Year 2018:

  • Capacity is expected to increase between 7.5% and 9.5% year over year in the fourth quarter 2018. The fourth quarter guidance includes a previously-announced 2.0 point ASM reduction to mitigate the impact of higher fuel prices. For the full year 2018, JetBlue expects capacity to increase between 6.5% and 7.0%.
  • RASM growth is expected to range between 1.0% and 4.0% for the fourth quarter 2018 compared to the same period in 2017.
  • CASM ex-fuel is expected to decrease between (3.5)% and (1.5)% for the fourth quarter of 2018. CASM ex-fuel for the fourth quarter includes a 3.0 point headwind related to the pilot contract. For the full year 2018, JetBlue expects year over year CASM ex-fuel to be between 0.75% and 1.75%. The headwind from the pilot contract to CASM ex-fuel for the full year 2018 is expected to be equal to 1.3 points.

For further details see the latest Investor Update and the Third Quarter 2018 Earnings Presentation available via the internet at http://investor.jetblue.com.

JetBlue will conduct a conference call to discuss its quarterly earnings today, October 23, at 10:00 a.m. Eastern Time. A live broadcast of the conference call will also be available via the internet at http://investor.jetblue.com.

(1) Note A provides a reconciliation of non-GAAP financial measures used in this release and provides the reasons management uses those measures.

Executing our Plan to Reach our EPS Commitments

“I’d like to thank our 22,000 Crewmembers, for all their hard work delivering the JetBlue experience to our Customers. Our financial performance was impacted by fuel prices that increased approximately 37% year over year. We are on track to hit our 2018 CASM ex-fuel guidance, despite pulling capacity in both the third and fourth quarters to adjust to higher fuel prices.

In the short term, we are focused on improving our earnings, particularly in the areas we can control, and have a plan to improve margins in 2019, and again in 2020. We are taking actions to recapture higher fuel costs through price – both with fare increases over recent months and through higher ancillary revenue initiatives. At our Investor Day in early October, we showed how our five building blocks will help us improve our margins and achieve our earnings target between $2.50 and $3.00 per share by 2020,” said Robin Hayes, JetBlue’s Chief Executive Officer.

“Since 2014 we have a track record of executing our plans – and we have a path to continue improving our relative margins, starting in 2019. We have the culture, the brand and the geography we need to be successful,” said Joanna Geraghty, JetBlue’s President and Chief Operating Officer.

Revenue Performance and Outlook

Third quarter RASM increased 1.7%. Excluding the 0.4 point impact from severe weather during September, RASM was above the mid-point of our updated guidance of 1.0% to 3.0%. During the quarter we saw close-in demand trends improve across the network,” said Marty St. George, JetBlue’s EVP Commercial and Planning.

“We continued to grow our capacity on the lower end of our mid to high single digit range. For the fourth quarter, we expect capacity growth between 7.5 and 9.5 percent. Given the 2.9 points of lost capacity from hurricanes in the fourth quarter of 2017, our schedule-to-schedule capacity growth is approximately 6 percent for the fourth quarter of 2018. We expect to see some revenue benefits from the network changes and the ancillary revenue changes launched during the third quarter.”

Cost Performance, Outlook and Balance Sheet

Third quarter CASM ex-fuel was 3.2%, at the low end of the updated guidance of 3.0% to 5.0%, driven by improvements in unit maintenance costs. “We are on track to hit our 2018 plan despite the added pressure from reducing our capacity in the second half. We will continue to find opportunities to mitigate these pressures, in addition to the savings from the Structural Cost Program that build each quarter,” said Steve Priest, JetBlue’s EVP Chief Financial Officer.

“We continue to see sequential improvement in our underlying non fuel costs, and reached an inflection point during the second half this year, as we execute our Structural Cost Program. We are confident we can deliver on our 2019 commitments made at Investor Day, and are on track to achieve our 0-1 CASM CAGR through 2020.”

Capital Allocation and Liquidity

JetBlue ended the quarter with approximately $937 million in unrestricted cash and short term investments, or about 12.6% of trailing twelve month revenue. In addition, JetBlue maintains approximately $625 million in undrawn lines of credit.

In its commitment to maintaining a balanced approach to capital allocation, JetBlue executed an additional $125 million in share repurchases during the quarter.

During the third quarter, JetBlue repaid $54 million in regularly scheduled debt and capital lease obligations, and raised $261 million in net proceeds in secured aircraft debt. JetBlue anticipates paying approximately $45 million in regularly scheduled debt and capital lease obligations in the fourth quarter and approximately $223 million for the full year 2018. JetBlue anticipates maintaining a 30-40% adjusted debt to cap range and liquidity between 10% and 12%.

Fuel Expense and Hedging

The realized fuel price in the quarter was $2.32 per gallon, a 36.6% increase versus third quarter 2017 realized fuel price of $1.69.

JetBlue entered into forward fuel derivative contracts to hedge approximately 7.7% of its fuel consumption during the fourth quarter of 2018. Based on the fuel curve as of October 15th, JetBlue expects an average price per gallon of fuel of $2.48 in the fourth quarter of 2018.

Notes

(1) Consolidated operating cost per available seat mile, excluding fuel and related taxes, and operating expenses related to other non-airline businesses (CASM Ex-Fuel) is a non-GAAP financial measure that we use to measure our core performance. Note A provides a reconciliation of non-GAAP financial measures used in this release and provides the reasons management uses those measures.

Top Copyright Photo (all others by JetBlue): JetBlue Airways Airbus A320-232 N779JB (msn 3811) (Bluericua) LGB (Michael B. Ing). Image: 994011.

JetBlue aircraft slide show:

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Cobalt Aero grounds its fleet, shuts down

Cobalt Air (cobalt-aero) Airbus A320-232 5B-DDC (msn 3259) ZRH (Andi Hiltl). Image: 939040.

Cobalt Aero last night grounded its fleet after its main investors suspended continued funding. The airline issued this statement:

Cobalt regrets to announce that it will be cancelling all flights as of 23:50 pm on October 17, 2018 due to indefinite suspension of Cobalt’s operations.

As a result, future flights or services provided by Cobalt will be cancelled and will no longer operate.

Passengers who have un-flown tickets are instructed not to go to Larnaca Airport or any departure airport tomorrow, October 18, 2018 as no Cobalt flights will operate and no Cobalt staff will be present.

For refunds, please contact your credit card provider or Travel Agent.

We sincerely apologise once again and would like to thank our very loyal customers for their support over the last two years of Cobalt operations.

Top Copyright Photo (all others by Cobalt): Cobalt Air (cobalt-aero) Airbus A320-232 5B-DDC (msn 3259) ZRH (Andi Hiltl). Image: 939040.

Cobalt aircraft slide show:

Video: One of the last departures from London with 5B-DCR (SPA Video):

 

 

JetBlue advances focus city strategy with network reallocation, including new service in Guayaquil, Ecuador

"Playa-way With Me", now in jetBlue vacations livery

JetBlue Airways today announced a series of network changes that will advance its strategy in multiple focus cities, making the airline even more relevant in its key markets and ensuring its network is optimized to meet customer demand. The network changes are also key to achieving the airline’s margin commitments and delivering long-term value to its shareholders.

The reallocation of service will result in a new JetBlue city in Ecuador, new service between current JetBlue cities, and additional flights on popular routes. To free up aircraft time for the introduction of the new flying, JetBlue will reduce underperforming service.

“We constantly review network performance and make adjustments to support our focus city strategy, which is about building up our key markets to be stronger and even more relevant to local travelers,” said Joanna Geraghty, president, JetBlue. “In total, these changes are forecast to generate a substantial improvement in annual profit and strengthen our business as a whole, while allowing us to invest in our growth and our industry-leading customer experience.”

JetBlue Announces Expansion to Guayaquil, Ecuador

JetBlue will launch new service at Guayaquil, Ecuador’s José Joaquín de Olmedo International Airport (GYE) with flights from Fort Lauderdale-Hollywood International Airport (FLL). Service will operate daily and is expected to take off in the first quarter of 2019. Guayaquil becomes the second JetBlue city in Ecuador – Quito launched in 2016 – and the sixth JetBlue city in South America overall. Seats will go out for sale in the coming weeks.

Ecuador’s largest city and main port, Guayaquil – which today celebrates its 198th year of independence – boasts revitalized squares, parks and various urban-renewal projects, and also has a growing theater, film and arts scene. The riverfront promenade and modern shopping areas all over the city attract tourism from inside and outside the country. Guayaquil, home to some two million people, also serves as a gateway to Pacific beaches and the Galapagos Islands.

The new flights between Fort Lauderdale/Hollywood and Guayaquil expand JetBlue’s footprint outside the U.S., and is part of a broader reach into international markets. In recent years the airline has built a robust network throughout Latin America and the Caribbean and now operates in 22 countries. JetBlue is a leading airline in markets like Puerto Rico, Cuba and the Dominican Republic. The airline also serves more than a dozen unique island destinations throughout the Caribbean along with various cities in Mexico, Colombia, Costa Rica and Peru.

New service between the U.S. and Ecuador will be operated on JetBlue’s Airbus A320 aircraft featuring the airline’s award-winning service with comfortable seating; complimentary and unlimited name-brand snacks; free first-run Hollywood movies; and the most legroom in coach.

JetBlue Adds New Connect-the-Dot Routes

JetBlue will introduce four new routes to the airline’s network starting this winter, connecting more customers with destinations across the route map – north to south and east to west. JetBlue will launch new nonstop service starting this winter between:

  • Boston and Greater Rochester International Airport (ROC)
  • Fort Lauderdale/Hollywood and Phoenix Sky Harbor International Airport (PHX)
  • Fort Lauderdale/Hollywood and St. Maarten’s Princess Juliana International Airport (SXM)
  • Providence’s T. F. Green International Airport (PVD) and Palm Beach International Airport (PBI)

Roundtrip flights on all four new routes will operate once daily and advance JetBlue’s leadership position in the Northeast, Florida and the Caribbean. In addition to creating new nonstop choices for travelers, the new Boston and Fort Lauderdale/Hollywood routes also open up a variety of new or improved connecting choices for customers traveling through the airline’s focus cities. Seats on all four new routes are on sale today.

JetBlue Adds Flights Where Customers Want Them Most

In addition to the new nonstop JetBlue markets being introduced, the airline will also increase flights on nearly two dozen of its most popular and profitable existing nonstop routes in the Northeast, Florida and the Caribbean. Roughly two-thirds of the added flights will originate in Boston or Fort Lauderdale, accelerating JetBlue’s focus city growth strategy and maintaining the airline’s leadership position in both markets.

In JetBlue’s Boston focus city – in addition to new nonstop Rochester service – the airline will boost flights on nine existing routes. JetBlue will soon offer flights to more than 70 nonstop destinations – more than any other airline – and is the leader in number of customers carried and total daily departures. JetBlue also serves Boston with premium Mint flights to a half dozen destinations. With Mint, JetBlue re-imagined the outdated “business class” service offered by legacy carriers with lie-flat seating, curated food and amenities, and hospitality-trained inflight crewmembers – offered at an affordable price. JetBlue is on track to reach 200 daily departures at Logan in the coming years.

In Fort Lauderdale, JetBlue’s South Florida focus city plays a key role in supporting the airline’s growing route map and offers flights to nearly every corner of the airline’s network from Lima to Los Angeles. It is one of JetBlue’s fastest-growing focus cities, serving customers throughout South Florida and offering a fast and convenient alternative for Miami-Dade travelers. The airline has committed to up to 140 daily departures in the coming years and recently expanded its operation to new gates in Terminal 3 and began utilizing Terminal 1 for additional international arrivals to help support future growth. JetBlue is also the only airline to offer a premium, lie-flat seat on domestic routes in Fort Lauderdale with its Mint flights to Los Angeles International Airport (LAX) and San Francisco International Airport (SFO).

As New York’s Hometown Airline®, JetBlue will also boost service on a variety of routes customers love from the airline’s home at JFK’s award-winning T5. JetBlue operates 170 daily flights at JFK and served nearly 14 million customers in 2017. Travelers can soon expect more schedule choices on flights to Mexico, Florida, the Caribbean and summer seasonal favorites like Nantucket.

Making Valuable Aircraft Time Available By Reducing Underperforming Flying

To support new city and multi-route expansions, while capitalizing on the strongest parts of the airline’s network, JetBlue will reduce flights in some existing markets. Effective January 8, 2019, JetBlue will eliminate service in:

  • Daytona Beach International Airport (DAB)
    • Once daily New York-JFK service
  • St. Croix’s Henry E. Rohlsen Airport (STX)
    • Once daily San Juan service
  • Washington Dulles International Airport (IAD)
    • Daily New York-JFK and Boston service

Customers in these affected cities will still be able to access JetBlue service at another airport in the region or will be able to utilize service with JetBlue partner airlines.

Elsewhere on its route map, JetBlue will scale back flying on a number of other underperforming routes and frequencies in January, including certain flights serving Baltimore, Detroit, Pittsburgh, and Santiago, Dominican Republic.

In Mexico City, where JetBlue is launching new service from Boston and New York JFK, the airline will reduce twice daily service from both Fort Lauderdale/Hollywood and Orlando International Airport (MCO) to once daily between each Florida focus city and the Mexican capital in the first quarter of 2019.

At the Portland International Jetport (PWM) in Maine, JetBlue will transition from year-round daily service to daily summer seasonal service. The final day of current service levels will be January 7, 2019. Service will then resume on a summer seasonal schedule starting in spring 2019. Portland is a customer-favorite destination and sees a strong surge in travel during the warmer months of the year. In response to customer travel patterns and demand, JetBlue will focus on providing the airline’s award-winning service and a customer-friendly schedule during the summer travel season.

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Top Copyright Photo (all others by JetBlue): JetBlue Airways ) LGB (Michael B. Ing). Image: 943852.

JetBlue aircraft slide show:

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