Tag Archives: Airbus A330-343

AirAsia X shareholders approve corporate restructuring plan, resumes operations this month

2018 "Lotte World" special livery

AirAsia X Berhad (AAX) has received approval from its shareholders for the proposed corporate restructuring to progress as planned, following the voting process at the AAX Extraordinary General Meeting (EGM) today.

The approval marks a major milestone in the corporate restructuring process. All resolutions were passed with at least a 99.8 percent margin.

These approvals have been obtained simultaneously with final negotiations being held with creditors.

The Company and its restructuring advisers, New York based Seabury Capital have been in active and productive discussions with lessors and other creditors after the approval granted by the court to convene the Court Convened Meeting (CCM). This is currently scheduled for late July or August.

AAX is committed to resuming commercial operations as soon as possible on a successful completion of the restructuring plan and the opening of international borders.

Additionally AirAsia X confirmed a number of services will be operating in June for repatriation purposes between Kuala Lumpur, Malaysia and Sydney, Australia.

While there are currently two return flights on sale in June, there will be more flights available and on sale soon, between Kuala Lumpur and Sydney.

Kuala Lumpur to Sydney
06 June
13 June

Sydney to Kuala Lumpur
07 June
14 June

Top Copyright Photo: AirAsia (Thai AirAsia X) Airbus A330-343 HS-XTD (msn 741) (Lotte World) FUK (Michael B. Ing). Image: 948573.

SAS to resume service to Newark on July 3

Scandinavian Airlines-SAS Airbus A330-343 LN-RKT (msn 1697) LAX (Michael B. Ing). Image: 946391.

Scandinavian Airlines-SAS it is resuming its direct route from Oslo to Newark on  July 3, 2021.

The Newark route will start with two weekly round trips, departing from Oslo on Wednesdays and Saturdays and returning on Thursdays and Sundays. SAS will then continuously review a possible increase in frequency based on demand.

On March 13, 2020, the pandemic put a temporary stop to SAS’ direct route between Oslo and Newark. Over a year later, the route is finally reopening and will be operated by the Airbus A330 with 266 seats.

SAS will also continue to fly to Chicago, Los Angeles, New York, San Francisco and Washington from Copenhagen.

Top Copyright Photo: Scandinavian Airlines-SAS Airbus A330-343 LN-RKT (msn 1697) LAX (Michael B. Ing). Image: 946391.

SAS aircraft slide show:

South African Airways exits from bankruptcy protection

Delivered on December 1, 2016

South African Airways today exited from bankruptcy protection, referred to as “business rescue” in South Africa.

The flag carrier issued this short statement after submitting a business rescue plan:

The administrators have effectively discharged the business rescue and handed over the operations of SAA back to its board and executive team with immediate affect.

There was no mention of its subsidiaries including Mango.

The airline entered administration proceedings in December 2019.

The carrier is also reportedly in discussions with a potential investor.

Top Copyright Photo: South African Airways Airbus A330-343 ZS-SXI (msn 1745) IAD (Brian McDonough). Image: 946361.

SAA aircraft slide show:

World2Fly’s first aircraft is painted

Airline Color Scheme - Introduced 2021

World2Fly is a new Spanish airline.

The upstart plans to take off in the spring of 2021 to destinations such as Punta Cana, Dominican Republic, Cancún, Mexico and Havana, Cuba.

The base will be at Madrid.

The first aircraft, the pictured Airbus A330-343 EC-LXR (msn 1097), has been painted at Dublin, Ireland by IAC.

EC-LXR was previously operated by Air Europa.

Top Copyright Photo: World2Fly Airbus A330-343 EC-LXR (msn 1097) DUB (Greenwing). Image: 952556.

 

AirAsia liquidates AirAsia X Indonesia

AirAsia has decided to liquidate its Indonesia branch of AirAsia X in order to survive.

More: https://loyaltylobby.com/2020/10/18/airasia-x-indonesia-liquidates/

Indonesia AirAsia Extra, operating as Indonesia AirAsia X, was a joint venture of AirAsia X (Malaysia) and AirAsia (Indonesia). The airline previously ceased all operations on January 14, 2019.

In addition, AirAsia has also written down the value of AirAsia X Thailand to zero.

AirAsia X Thailand is a Thai long-haul low-fare airline headquartered and based at Don Mueang International Airport in Bangkok. It is a joint venture of AirAsia X (Malaysia) and Thai AirAsia.

AirAsia X (Malaysia) continues but is grounded and is restructuring.

Previously on October 6 AirAsia X (Malaysia) made this announcement:

AirAsia X Berhad (AirAsia X) announced a restructuring plan geared at facilitating an injection of fresh equity which will allow the airline to fly again. AirAsia X also appoints Dato’ Lim Kian Onn as the Deputy Chairman to lead the airline restructuring. He is a Chartered Accountant and was an investment banker. He has been a Board member of AirAsia X since 2012.

AirAsia X is facing severe liquidity constraints. Travel and border restrictions have grounded all scheduled flights and there is no imminent return to normalcy.

An imminent default of contractual commitments will precipitate a potential liquidation of the airline.

A major debt restructuring and a renegotiation of its financial obligations are pre-requisites for any raising of fresh equity which will be required to restart the airline.

For 13 years AirAsia X, as a market leader in medium-haul low-cost flying, has delivered affordable flights to many destinations and created jobs for the airline, related travel and tourism industries as well as contributing to Malaysia’s GDP growth.

The Board and management have assessed various options and propose a restructuring plan which if approved, will secure the airline’s continued ability to fly again. The plan includes:

A. Debt Restructuring Scheme

proposed debt settlement and waiver of debts involving unsecured creditors, aimed at enabling the Group to address its debt obligations in an orderly manner and to arrive at a debt structure that is sustainable from future operating cash flows;

B. Revision of the Group’s Business Plan

route network rationalisation, aircraft fleet right-sizing, cost base overhaul and workforce optimisation, all aimed at ensuring a leaner and more sustainable business going forward;

C. Engagement with Business Partners

key success factors to the proposed restructuring plan include the support from business partners to continue the long-term relationship pre- and post-restructuring.  AirAsia X continues to engage all key business partners and hopes to enter into contracts, agreements and/or arrangements that are reflective and supportive of the airline’s revised business plan upon successful completion of the restructuring which is critical to the future viability of the business;

D. Airline customer and Travel Agents

under the Proposed Scheme, AirAsia Unlimited Pass holders and guests with valid flight bookings will receive travel credits with extended validity for future travel or purchase of seat inventory.

The proposed restructuring plan and establishment of new contracts, agreements and/or arrangements based on terms to be agreed upon which are sustainable based on the Group’s revised business plan is aimed to right-size the Group’s level of operations and financial obligations, which is crucial to the Group’s continued existence in the aviation landscape. These exercises are pre-requisite for the raising of any fresh capital, comprising both equity and debt needed to implement the Group’s revised business plan.

In the last two months the Company has had extensive discussions with all major creditors. Whilst there are varying degrees of support for the restructuring scheme as has been proposed, all of them have expressed strong support for a continuation of the airline business.

AirAsia X CEO Benyamin Ismail said, “AirAsia X and other airlines the world over are struggling to survive amidst the global crisis of COVID-19 pandemic. We remain committed to our guests, Allstars, business partners and shareholders to ensure we build a viable and sustainable airline for the long-haul, and for the survival of this airline, the proposed restructuring plan is our only option.

“It has been extremely difficult for the airline during this period as we had to ground all scheduled flights, implement salary cuts and retrenchment for the first time in the company’s history as a consequence of the pandemic. Similar exercises are likely to continue during the restructuring process, but our focus is to ensure a successful restructuring to keep as many jobs as possible.

“We have a low cost base, we are in the right part of the market and many of our key markets are in green zones which are likely to reopen first. We have a robust recovery strategy in place, and with the continued support from our stakeholders, we will overcome all challenges and come out stronger.”

Benyamin Ismail also added, “In order to safeguard Malaysia’s vested interest through the aviation industry, regional air connectivity is essential for trade, businesses and economic growth, especially to our core markets of China, Japan, Korea and Australia where we have established a strong foothold. The closure of these markets can impact the stimulus spending, GDP contribution and employment within the supply chain of the aviation industry. As other airlines struggle in the current market condition, AirAsia X strives to emerge stronger once the market recovers.  Our immediate focus is to obtain all necessary approvals and execute the proposed restructuring plan over the next few months.

“Under the Proposed Scheme, AirAsia X Unlimited Pass holders and guests with valid flight bookings will receive travel credits with extended validity for future travel or purchase of seat inventory. We assure you that we will resume operations as soon as possible once the border restrictions are lifted. Your steadfast support is greatly appreciated.”

AirAsia X continuously reviews its network resumption timeline and has an ongoing dialogue with tourism and airport authorities, governments and other industry stakeholders to pave the way for the prospect of travel bubbles in green zone countries.

Despite the unprecedented setback brought by COVID-19, this also provides an opportunity for AirAsia X to transform and reinvent the product and business strategy to emerge in a stronger and more sustainable financial position, capable of attracting new equity and debt funding critical to the long-term viability and continuity of AirAsia X.

AirAsia X (Indonesia) (AirAsia.com) Airbus A330-343 PK-XRA (msn 716) DPS (Pascal Simon). Image: 939293.

Above Copyright Photo: AirAsia X (Indonesia) (AirAsia.com) Airbus A330-343 PK-XRA (msn 716) DPS (Pascal Simon). Image: 939293.

 

Air Canada to increase service to Paris from Montreal and Toronto for Summer 2020

Air Canada Airbus A330-343 C-GFAF (msn 277) AMS (Ton Jochems). Image: 948446.

Air Canada today announced that it will increase service to Paris from Montreal and Toronto for the upcoming summer season. Between July 2 and August 28, 2020 Air Canada will operate three additional flights per week from Montreal and four additional flights from Toronto to Paris-Charles De Gaulle Airport.

Between July 2 and August 28, 2020 Air Canada will operate three additional flights per week from Montreal and four additional flights from Toronto to Paris-Charles De Gaulle Airport. (CNW Group/Air Canada)

 

The additional flights will be operated with Air Canada’s Airbus A330-300 fleet, featuring Signature Class, including lie flat suites in business and Air Canada Signature Service, Premium Economy and Economy cabins. From Montreal, the third daily flight will operate Tuesday, Thursday and Saturday between July 2 and August 27, 2020. From Toronto, Air Canada will offer a second daily flight on Monday, Wednesday, Friday and Sunday between July 3 and August 28, 2020.

Montreal to Paris between July 2-August 27, 2020:

 

Flight

From

To

Departs

Arrives

Days of Operation

AC884

Montreal (YUL)

Paris (CDG)

17:50

06:30 +1 day

Daily

AC870

Montreal (YUL)

Paris (CDG)

20:50

09:45 +1 day

Daily

AC810

Montreal (YUL)

Paris (CDG)

21:55

10:50 +1 day

Tuesday, Thursday, Saturday

AC871

Paris (CDG)

Montreal (YUL)

10:55

12:20

Daily

AC885

Paris (CDG)

Montreal (YUL)

14:45

16:30

Daily

AC811

Paris (CDG)

Montreal (YUL)

17:00

18:45

Tuesday, Thursday, Saturday

 

Toronto to Paris between July 3-August 28, 2020:

 

Flight

From

To

Departs

Arrives

Days of Operation

AC880

Toronto (YYZ)

Paris (CDG)

19:30

08:40 +1 day

Daily

AC812

Toronto (YYZ)

Paris (CDG)

21:30

10:50 +1 day

Monday, Wednesday, Friday, Sunday

AC881

Paris (CDG)

Toronto (YYZ)

13:00

15:05

Daily

AC813

Paris (CDG)

Toronto (YYZ)

17:00

19:00

Monday, Wednesday, Friday, Sunday

Top Copyright Photo: Air Canada Airbus A330-343 C-GFAF (msn 277) AMS (Ton Jochems). Image: 948446.

Air Canada aircraft slide show:

South African Airways cancels flights today and tomorrow due to a strike

Delivered on December 1, 2016

South African Airways (SAA) made this announcement for today and tomorrow:

South African Airways operations affected by industrial action. SAA has cancelled all domestic, regional and international flights for Friday, November 15 and Saturday, November 16.

Additionally it issued this statement:

South African Airways (SAA) regrets to advise all customers that we been served with notification by the South African Airways Cabin Crew Association (SACAA) and the National Union of Metalworkers of South Africa (NUMSA) of their intention to embark on a strike effective Friday, 15 November 2019.

It is expected that the strike would cause maximum disruptions to SAA operations; therefore, in the best interest of protecting our customers and their travel plans, we have taken the decision to cancel all domestic, regional, and international flights on Friday 15 November 2019 and Saturday 16 November 2019, with the exception of a few international flights. Customers are requested not to travel to their departure airport unless in possession of a rebooked itinerary.

The following international flights would be operating:

Friday, November 15, 2019

DEPART ARRIVE

Maputo                   SA147      07:30        08:35

Lusaka                    SA067     07:15        09:15

Harare                    SA025      07:20       09:00

Windhoek               SA073      06:40       08:25

Accra                      SA210      09:10       16:55

Frankfurt                 SA261      20:45       08:25 next day

New York                SA204      10:40       08:15 next day

Munich                    SA265      21:05       07:40 next day

Hong Kong              SA287      23:50       07:10 next day

Perth                       SA281      23:40       04:55 next day

London                    SA235      19:00       07:05 next day

Washington             SA210      17:40       17:25 next day

The cancellations only affect flights operated by SAA. All flights operated on our partner airlines Mango, SA Express, Airlink and all codeshare partners will not be affected.

 

The following flight number ranges would operate normally:

SA1000 to SA1999

SA2000 to SA2999

SA7000 to SA7999

SA8000 to SA8999

Assistance will be provided to all ticketed customers holding a South African Airway is Ticket (only) through any SAA Contact Centre, City Ticket Office or dedicated Travel Agent with the following conditions:

– Rebook onto another South African Airways flight for any flight until 31st October 2020 at no extra charge and subject to availability in the same booking class

– If the customer no longer wishes to travel, then the booking can be cancelled and a full refund (including taxes) will be offered to the original form of payment.

– Re-routing would be permitted, Where possible rebook onto flight(s) operated by any of SAA’s Star Alliance, Codeshare and Interline Partners to transport customers to their final destination with minimal disruption.

– Change of cabin will not be permitted

– All tickets must be reissued on or before 30th November 2019.

– SAA will not be able to provide any support for Special Service Requests or Unaccompanied Minors during this period of Industrial Action

Top Copyright Photo: South African Airways Airbus A330-343 ZS-SXI (msn 1745) IAD (Brian McDonough). Image: 946361.

South African aircraft slide show:

Finnair starts codeshare cooperation with Fiji Airways

"COP23 Fiji - UN Climate Change Conference Bonn 2017" markings

Finnair and Fiji Airways have agreed on a new codeshare partnership between Helsinki (HEL) and Nadi (NAN) in Fiji via three gateways served by Finnair.

Finnair’s AY code will be added to Fiji Airways’ flights between Hong Kong (HKG), Singapore (SIN), Narita (NRT) and Nadi, offering an exotic new destination for Finnair customers in the South Pacific. Finnair’s flight numbers will later be added to Fiji’s flights between San Francisco (SFO), Los Angeles (LAX) and Nadi, subject to applicable government approvals. With this addition, it will now be possible for Finnair customers to complete an around-the-world trip with Finnair flight numbers.

Fiji Airways’ FJ code will also be added to Finnair’s flights to Helsinki via Singapore, opening access for Fiji Airways’ customers to Finland and points beyond in Europe.

Top Copyright Photo: Fiji Airways (2nd) Airbus A330-343 DQ-FJW (msn 1692) (COP23 Fiji) LAX (Michael B. Ing). Image: 940139.

Fiji Airways aircraft slide show:

Air China’s Airbus A330-300 B-5958 is destroyed by fire at Peking

Destroyed by fire at Peking on August 27, 2019

Air China’s pictured Airbus A330-343 B-5958 (msn 1587) was consumed and damaged beyond repair by fire that broke out reportedly in the cargo hold while parked at the Terminal 3 gate at Beijing on August 27, 2019.

The aircraft was assigned to departing flight CA 183 bound for Tokyo (Haneda).

Passengers and crew members that were boarding the aircraft when the fire erupted were able to safely evacuate the aircraft.

Report by Jacdec on Twitter:

Top Copyright Photo: Air China Airbus A330-343 B-5958 (msn 1587) PEK (Michael B. Ing). Image: 947418.

Air China aircraft photo gallery:

TAP Portugal retires its last Airbus A330-300

Type Retired: July 13, 2019 (flight TP22 Salvador - Lisbon with CS-TOX)

TAP Portugal – Air Portugal has operated its last Airbus A330-300 revenue flight. The type has been replaced with newer Airbus aircraft.

The pictured Airbus A330-300 CS-TOX operated flight TP22 from Salvador, Brazil to the Lisbon hub on July 12, 2019, arriving the next day in Lisbon.

The fleet is being sold to Air Canada.

Copyright Photo: TAP Portugal – Air Portugal Airbus A330-343 CS-TOX (msn 1015) MIA (Bruce Drum). Image: 104943.

TAP aircraft slide show: