Tag Archives: Antony J. Best

Malaysia Airlines lost $170 million in the second quarter

Malaysia Airlines (Kuala Lumpur) lost $170 million in the second quarter.

Copyright Photo: Antony J. Best. Boeing 747-4H6 9M-MPC (msn 25700) taxies past the camera at London (Heathrow).

SAS to lease the eight Blue1 MD-90s to an unidentified U.S. airline

Scandinavian Airlines-SAS (Stockholm) is planning to lease its eight McDonnell Douglas MD-90-30s to an unidentified U.S. carrier (Delta?). The aircraft are currently being operated by subsidiary Blue1 (Helsinki) but are being replaced by newer Boeing 717-200s.

Read the report from Reuters:

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Copyright Photo: Antony J. Best. Blue1’s McDonnell Douglas MD-90-30 OH-BLC (msn 53459) at London (Heathrow).

Air Canada reports 2Q operating income of C$75 million but a net loss overall

Air Canada (Montreal) reported operating income of $75 million in the second quarter of 2010 compared to an operating loss of $113 million in the second quarter of 2009, an improvement of $188 million. Earnings before interest, taxes, depreciation, amortization and aircraft rent (EBITDAR) of $333 million increased $198 million from the second quarter of 2009 (an increase of 147 per cent). These results were in line with the preliminary range of operating income of $60 million to $80 million, and EBITDAR of $320 million to $340 million, announced in Air Canada’s news release dated July 20, 2010.

Air Canada estimates that disruptions to its transatlantic flying schedule following the closure of European airspace in mid-April due to volcanic ash had a negative impact of approximately $20 million on its operating income in the second quarter.

Air Canada reported a net loss of C$203 million in the second quarter of 2010 which included a charge of C$54 million in interest expense relating to its secured term credit facility, and foreign exchange losses of C$156 million. This compared to net income of $155 million in the second quarter of 2009 which included gains on foreign exchange of C$355 million.

Copyright Photo: Antony J. Best. Now gone, Boeing 777-333 ER C-FIVS (msn 35784) arrives at London (Heathrow) in the Vancouver 2010 motif.

Aer Lingus vows to fly through any strike action on August 16

Aer Lingus (Dublin) has vowed to fly through its cabin crew invoking a “work-to-rule” disruptive action later this month if the union’s members agree.

Read the full report in the Irish Independent:

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Copyright Photo: Antony J. Best. Airbus A320-214 EI-DEP (msn 2542) steps down to land at London (Heathrow).

British Airways reports a fiscal 2Q operating loss of $112.9 million

British Airways (London) weary from cabin crews strikes report an operating loss of $112.9 million in fiscal first quarter ending on June 30.

Read the press release:

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Copyright Photo: Antony J. Best. Boeing 747-436 G-BNLX (msn 25435) banks away from Heathrow Airport.

Air France and KLM swing to a fiscal 1Q net profit of $958 million

Air France (Paris) and KLM Royal Dutch Airlines (Amsterdam) reported a better than expected fiscal first quarter (ending on June 30) net profit of $958 million.

Click below for a full report by the WSJ:

CLICK HERE

Copyright photo: Antony J. Best. KLM’s Boeing 737-8K2 PH-BXA (msn 29131) dressed in the 1959 retrojet livery arrives at London (Heathrow).

Ryanair’s quarterly profits slips to $121 million

Ryanair (Dublin) saw its fiscal first quarter net profit slip to $121 million due mainly to airspace closures due to volcanic ash.

Read the full report in Bloomberg Businessweek:

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Copyright Photo: Boeing 737-8AS EI-CSA (msn 29916) approaches the Stansted Airport hub and use to promote Scotland. It has since gone on to VARIG (2nd) as PR-VBA.

Kartika Airlines to acquire 30 Sukhoi Superjet 100s

Kartika Airlines (Jakarta) will now acquire 30 of the new Sukhoi Superjet 100s according to Sukhoi. Deliveries will start next year. Sukhoi intends to deliver the first copy to launch customer Aeroflot by the end of this year.

Read the full report:

CLICK HERE

Copyright Photo: Antony J. Best. Sukhoi’s Superjet 100-95 97005 (msn 95005) is on display at the Farnborough International Air Show 2010.

Ryanair to cut Dublin winter capacity by 15%

Ryanair (Dublin) will cut its winter capacity at Dubin by 15% and reduced the number of based aircraft from 14 to 12.

Read the full WSJ report:

CLICK HERE

Copyright Photo: Antony J. Best. Now gone to VARIG, Boeing 737-8AS EI-CSC (msn 29918) in the unique Cable & Wireless logojet scheme, prepares to land at London (Stansted).

American Airlines is awarded the New York (JFK)-Tokyo (Haneda) route

American Airlines (Dallas/Fort Worth) will start the New York (JFK)-Tokyo (Haneda) route on January 20, 2011 with 247-seat Boeing 777-200 ERs.

Read the full press release:

CLICK HERE

Copyright Photo: Antony J. Best. Boeing 777-223 ER N794AN (msn 30256) climbs majestically at London (Heathrow).