Tag Archives: Airbus A330-302

Finnair increases capacity to London for summer 2019 with a second wide-body aircraft upgauge and a new daily frequency

Finnair Airbus A330-302 OH-LTT (msn 1088) BKK (Michael B. Ing). Image: 936233.

Finnair has made this announcement:

In line with its growth strategy, Finnair is adding capacity on its route between Helsinki and London Heathrow for the summer 2019 season starting on March 31, 2019.

Finnair will add a new daily frequency to and from London Heathrow, operated with an Airbus A320 family aircraft. Providing good connection opportunities from London with Finnair’s oneworld partners, the new flight will leave Helsinki at 11:40 and the return flight from London will depart at 13:50.

In addition, Finnair will further increase its capacity on the London route by upgauging the 16:00 flight between Helsinki and London, as well as the 18:10 flight from London to Helsinki, with an Airbus A330 wide-body aircraft (top). The change will provide more than 50 additional seats per flight compared to the current A321 narrow-body aircraft.

Finnair currently flies an Airbus A350 aircraft (above) daily for the first flight leaving Helsinki in the morning and for the return flight from London. Customers traveling from London via Helsinki to Finnair’s Asian destinations can now have a seamless business class experience with full-flat seats on their way to Asia and back.

During the upcoming summer season, Finnair will operate up to seven daily flights between both cities, including two frequencies with a wide-body aircraft. With the announced changes, Finnair will be adding approximately 21% more capacity on the route compared to the previous summer 2018 season.

Top Copyright Photo: Finnair Airbus A330-302 OH-LTT (msn 1088) BKK (Michael B. Ing). Image: 936233.

Finnair aircraft slide show:

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IAG reports strong financial results, livery change coming at Aer Lingus

Aer Lingus Airbus A330-302 EI-ELA (msn 1106) JFK (Stephen Tornblom). Image: 910752.

International Consolidated Airlines Group (IAG) on October 26, 2018 presented Group consolidated results for the nine months to September 30, 2018.

The IAG is the holding company of Aer Lingus, British Airways, Iberia, Level and Vueling.

IAG period highlights on results:

  • Third quarter operating profit €1,460 million before exceptional items (2017 restated(1): €1,450 million)
  • Net foreign exchange operating profit impact for the quarter adverse €111 million
  • Passenger unit revenue for the quarter up 1.3 per cent, up 2.4 per cent at constant currency
  • Non-fuel unit costs before exceptional items for the quarter up 0.5 per cent, down 0.7 per cent at constant currency
  • Fuel unit costs for the quarter up 14.3 per cent, up 15.0 per cent at constant currency
  • Operating profit before exceptional items for the nine months period €2,575 million (2017 restated(1): €2,400 million), up 7.3 per cent
  • Completion of second €500m share buyback programme on October 24
  • Interim dividend of 14.5 euro cents per share

 

Performance summary:

   Nine months to September 30  
Highlights € million 2018 2017

(restated)(1)

Higher / (lower)
       
Passenger revenue 16,326 15,507 5.3 %
Total revenue 18,346 17,450 5.1 %
Operating profit before exceptional items 2,575 2,400 7.3 %
Exceptional items 584 (271) nm
Operating profit after exceptional items 3,159 2,129 48.4%
       
Available seat kilometres (ASK million) 244,343 231,417 5.6 %
Passenger revenue per ASK (€ cents) 6.68 6.70 (0.3)%
Non-fuel costs per ASK (€ cents) 4.84 5.01 (3.2)%
       
Alternative performance measures 2018 2017

(restated)(1)

Higher / (lower)
       
Profit after tax before exceptional items (€ million) 1,970 1,805 9.1 %
Adjusted earnings per share (€ cents) 91.9 81.7 12.5 %
Adjusted net debt (€ million) 7,475 7,183 4.1 %
Adjusted net debt to EBITDAR 1.4 1.4 (0.0x)
       
Statutory results € million 2018 2017

(restated)(1)

Higher / (lower)
       
Profit after tax and exceptional items 2,514 1,597 57.4 %
Basic earnings per share (€ cents) 121.9 75.3 61.8 %
Cash and interest-bearing deposits 6,923 7,523 (8.0) %
Interest-bearing long-term borrowings 7,342 7,578 (3.1) %
        
For definitions refer to the IAG Annual report and accounts 2017.
(1)Restated for new accounting standards IFRS 15 ‘Revenue from contracts with customers’ and IFRS 9 ‘Financial instruments’.

Willie Walsh, IAG Chief Executive Officer, said:

“We’re reporting a good quarter 3 performance with an operating profit of €1,460 million before exceptional items, up from €1,450 million last year.

“These were strong results despite significant fuel cost and foreign exchange headwinds. At constant currency, our passenger unit revenue increased by 2.4 per cent while non-fuel unit costs went down 0.7 per cent.

“We’re pleased to announce an interim dividend of 14.5 euro cents per share and this week we completed our second €500 million share buy-back programme”.

Trading outlook

At current fuel prices and exchange rates, IAG expects its operating profit before exceptional items for 2018 to show an increase of around €200m from a base of €2,950m in 2017. Both passenger unit revenue and non-fuel unit costs are expected to improve at constant currency for the full year.

It’s back! College Football is returning to Dublin for the Aer Lingus College Football Series. Five epic games from 2020-2024. First up: Notre Dame Football v Navy Football.

Top Copyright Photo: Aer Lingus Airbus A330-302 EI-ELA (msn 1106) JFK (Stephen Tornblom). Image: 910752. The desire to create larger profits are driving an upcoming livery change at Aer Lingus. Look now, the amount of green is expected to be significantly reduced with the upcoming new livery. The first Aer Lingus aircraft in the new colors is expected at the end of January, 2019. The pictured Airbus A330-302, registered as EI-ELA, will probably be the first aircraft to be repainted (always subject to change). The new livery is expected to be something like Iberia Express with green engine cowlings and a dark green shamrock on the tail with two cheat lines down the fuselage. The size and style of the titles are still under discussion pending a final livery decision.

In other news, Aer Lingus is expecting their first Avro (BAe) RJ85 (EI-RJN) on Sunday with Aer Lingus titles and a shamrock in green decals.

Below Copyright Photo: Aer Lingus Airbus A330-302 EI-ELA (msn 1106) DUB (SM Fitzwilliams Collection). Image: 925195.

Named "St. Patrick".

Aer Lingus aircraft slide show:

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Finnair adds capacity to Lisbon, Alanya-Gazipasa and Brussels

The "Unikko poppy - Marimekko" special livery

Finnair will add flights between its Helsinki hub and Lisbon, Portugal and Alanya (Gazipasa), Turkey for the winter season 2018-2019.

Finnair opened its Lisbon route during the summer 2018 season, and due to strong demand, it will now fly the route daily year-round. The frequencies added to the Lisbon route increase the capacity on this route by 70% during the winter season.

Finnair is also adding flights to Alanya (Gazipasa), a popular holiday destination in Turkey, and flies there twice a week during the winter season (October 28, 2018 to March 31, 2019). This is the first time a destination on the Turkish Mediterranean coast will now be available on Finnair scheduled flights year-round.

In addition, capacity will be added to Finnair’s Brussels route as of October 31 when Finnair will start to fly one of its daily frequencies, on both Wednesdays and Saturdays, with a wide-body Airbus A330 (top). This change will offer added passenger and cargo capacity between both cities and an excellent business class product with full-flat seats for this busy route.

Top Copyright Photo (all others by Finnair): Finnair Airbus A330-302 OH-LTO (msn 1013) (Unikko poppy – Marimekko) JFK (Fred Freketic). Image: 937135.

Finnair aircraft slide show:

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Finnair extends Alaska Airlines partnership with new codeshares for the U.S. West Coast

The "Unikko poppy - Marimekko" special livery

Finnair has announced a new codeshare partnership with Alaska Airlines, which will further strengthen Finnair’s reach on the West Coast of the United States.

Starting May 20, Finnair’s code will be added to flights operated by Alaska Airlines between San Francisco and the following cities: Seattle/Tacoma, Portland, Salt Lake City, Las Vegas, Los Angeles, San Diego, Orange County and Palm Springs. The new codeshares will offer smooth connections for Finnair customers connecting in San Francisco, where Finnair operates from Helsinki with up to three weekly frequencies between May 3 and December 5, 2018.

 

Finnair and Alaska Airlines announced a frequent flyer partnership in May 2017, which enables members of both the Finnair Plus loyalty program and the Alaska Airlines Mileage Plan to earn and redeem miles or points on flights operated by both airlines.

Copyright Photo: Finnair Airbus A330-302 OH-LTO (msn 1013) (Unikko poppy – Marimekko) LHR (SPA). Image: 932220.

Finnair aircraft slide show:

Delta and Korean Air to launch world-class joint venture partnership

Delta Air Lines Airbus A330-302 N824NW (msn 1637) SEA (Michael B. Ing). Image: 937960.

Delta Air Lines and Korean Air will launch a new joint venture partnership that will offer customers world-class travel benefits across one of the most comprehensive route networks in the trans-Pacific market.

The joint venture has now been approved by regulatory authorities in the U.S. and Korea, including the U.S. Department of Transportation and the Korean Ministry of Land, Infrastructure and Transport.

The expansive combined network formed by this partnership gives Delta and Korean Air’s shared customers seamless access to more than 290 destinations in the Americas and more than 80 in Asia.

The airlines will work closely together to bring customers the full benefits of the partnership, including joint growth in the trans-Pacific market, optimized schedules, a more seamless customer experience, improved loyalty program benefits, integrated IT systems, joint sales and marketing activities, and co-location at key hubs.

Beginning soon, Delta and Korean Air will:

  • Implement full reciprocal codesharing on each other’s networks and work together to provide the best travel experience for customers between U.S. and Asia
  • Offer improved reciprocal loyalty program benefits, including providing customers of both airlines the ability to earn more miles on Korean Air’s SKYPASS program and Delta’s SkyMiles program
  • Begin implementing joint sales and marketing initiatives
  • Increase belly cargo cooperation across the trans-Pacific

The new joint venture builds on nearly two decades of close partnership between Korean Air and Delta; both were founding members of the SkyTeam alliance and have offered customers an expanded codeshare network since 2016.

Earlier this year, Delta and Korean Air co-located into the new, state-of-the-art Terminal 2 at Seoul’s Incheon International Airport (ICN), substantially reducing connecting times for customers. One of the world’s largest airports, ICN has among the fastest connection times in the region. It has been named among the best airports in the world for more than a decade by Airports Council International, as well as the world’s cleanest airport and the world’s best international transit airport by Skytrax.

Delta anticipates that Seoul Incheon will continue to grow as a major Asia gateway for Delta and Korean Air. Delta is the only U.S. carrier to offer nonstop service to three major U.S. gateways, including Seattle, Detroit and Atlanta from ICN, while Korean Air is the largest trans-Pacific carrier.

Delta-Korean joint venture infographic

Above Copyright Photo: Delta Air Lines Airbus A330-302 N824NW (msn 1637) SEA (Michael B. Ing). Image: 937960.

Delta Air Lines aircraft slide show (Airbus):

Korean Air aircraft slide show:

Bottom Copyright Photo: Korean Air Airbus A380-861 HL7628 (msn 156) LHR (SPA). Image: 932510.

Korean Air Airbus A380-861 HL7628 (msn 156) LHR (SPA). Image: 932510.

Finnair adds frequencies to Japan and Europe for the upcoming winter season

Finnair Airbus A330-302 OH-LTN (msn 1007)  YYZ (TMK Photography). Image: 923532.

Finnair has announced that it will be adding frequencies to some of its popular destinations for the 2018/2019 winter season.

Finnair’s additional frequencies for the winter season include:

  • Tokyo – Two additional weekly frequencies between October 28 and December 5 for a total of nine Finnair weekly flights. Including the joint business flights with Japan Airlines, Finnair will offer up to 16 weekly frequencies to Tokyo.
  • Nagoya – One additional weekly frequency between October 29 and December 4 for a total of six weekly flights
  • Lisbon – One additional weekly frequency on Mondays for a total of four weekly flights during the entire winter season
  • Alicante – Now a year-round route for Finnair with two new weekly frequencies on Thursdays and Sundays during the winter season
  • Malaga – One additional weekly frequency on Wednesdays during December and January for a total of 7 weekly flights
  • Geneva – Two additional weekly frequencies on Mondays and Fridays between January and March for a total of 13 weekly flights

Copyright Photo: Finnair Airbus A330-302 OH-LTN (msn 1007) YYZ (TMK Photography). Image: 923532.

Finnair aircraft slide show:

Finnair extends the operating period for its Chicago and San Francisco routes

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Finnair is extending the operating period for both its Chicago and San Francisco routes during the upcoming fall. The Helsinki-Chicago route will be extended until December 3 with two weekly flights. Originally, the route was set to operate from April 19 until October 27. Chicago is the largest city in the American Midwest and a global hub for business, leisure and the arts. Finnair started a seasonal service to Chicago during the summer of 2015.

The Helsinki-San Francisco route will now be extended until December 5 with two weekly frequencies. Originally, the route was to be operated from May 3 until September 27.  San Francisco is well-known for its buzzing food scene, hilly terrain, Victorian architecture and proximity to Silicon Valley. Finnair began a seasonal service to San Francisco during the summer of 2017.

Finnair operates its flights to the Unites States within the Atlantic joint business between Finnair, American Airlines, British Airways and Iberia. The joint business offers customers additional flight choices, better connections and better pricing on transatlantic routes. Currently, the four airlines operate over 100 daily return flights between Europe and North America.

Copyright Photo: Finnair Airbus A330-302 OH-LTS (msn 1078) HEL (Ton Jochems). Image: 908297.

Finnair aircraft slide show: