Tag Archives: Boeing 737-8 MAX 8

Southwest Airlines to ship cargo internationally

Delivered on November 7, 2017

Southwest Airlines has announced its intention to begin shipping cargo to select international destinations beginning in May 2018, subject to requisite government approvals. The first international destinations Southwest Airlines Cargo® expects to serve are Mexico City, Cancun, Cabo San Lucas/Los Cabos, and Puerto Vallarta with more international destinations planned for 2018.

New Suite of Services

The new international shipping options are made possible in part due to the rollout of Southwest Cargo’s new point-of-sale and back office accounting system, Southwest Cargo Suite (SCS).  SCS is expected to take the place of the current system in March 2018, and along with international capabilities, give Customers the ability to make advanced cargo bookings, and utilize electronic Air Waybills.

Southwest Cargo Adds to Trophy Case

Southwest Cargo was also honored by winning one of the air cargo industry’s most prestigious awards. It earned the Airforwarders Association’s Domestic Carrier of the Year award. This is the ninth consecutive year the carrier has earned the honor.

Copyright Photo: Southwest Airlines Boeing 737-8 MAX 8 N8715Q (msn 42570) FLL (Bruce Drum). Image: 104603.

Southwest Airlines (current livery):

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Norwegian reports a loss in 2017

Delivered on July 18, 2017

Norwegian reported its full year and fourth quarter 2017 results.

The net loss was -299 million NOK (-£27.4 million) ($38.3 million) in 2017, while the earnings before interest, taxes and depreciations (EBITDA) was 60 million NOK (£5.5 million).

Significant costs related to increased fuel prices, wet lease and passenger care affect the results. Going into 2018, Norwegian is far better positioned with stronger bookings and a better staffing situation. Major investments have also been done in 2017 to prepare for future growth.

The company’s total revenue was almost 31 billion NOK (£2.8 billion) – an increase of 19 per cent compared to 2016. A total of 32 brand new aircraft entered the fleet, contributing to a production growth (ASK) of 25 percent. The load factor was unchanged at 88 percent. A total of more than 33 million passengers chose to travel with Norwegian in 2017, an increase of 13 percent compared to previous year.

For the fourth quarter, the net loss was 919 million NOK (£84.4 million) ($117.9 million).

The total revenue was more than 7.8 billion NOK (£716.5 million), an increase of 30 percent from the same period last year, primarily driven by international growth as well as an increased traffic in the Nordics. Just over 8 million passengers flew with Norwegian this quarter, a growth of 12 percent. The load factor was 85.3 percent. Norwegian made major investments in the fourth quarter related to training of pilots and cabin crew on both its wide-body and narrow-body fleet to prepare for the growth in 2018.

“We are not at all satisfied with the 2017 results. However, the year was also characterized by global expansion driven by new routes, high load factors and continued fleet renewal. Through our global strategy, we contribute to local economic boost and increased employment at our destinations, as well as ensuring that more people can afford to fly – not least between the continents. In 2017, we received several major international customer awards, which would never have been possible without our dedicated colleagues at Norwegian,” said CEO Bjørn Kjos of Norwegian.

“Norwegian is far better positioned for 2018, with stronger bookings, a growing network of intercontinental routes complementing our vast European network and not least, a better staffing situation. Our major global expansion reaches its peak in the second half of 2018, when 32 of our 42 Dreamliners on order will have been put into service,” Kjos continued.

Copyright Photo: Norwegian.com (Norwegian Air International) (Ireland) Boeing 737-8 MAX 8 EI-FYC (msn 42825) (Jonathan Swift, Irish writer) DUB (Michael Kelly). Image: 939774.

Norwegian aircraft slide show:

American assigns the Boeing 737 MAX 8 to the Miami – Barbados route

MAX 8, first flight on December 13, 2017

American Airlines will assign the new Boeing 737-8 MAX 8 to the Miami – Bridgetown, Barbados route starting on May 4, 2018 according to Airline Route.

Copyright Photo: American Airlines Boeing 737-8 MAX 8 N308RD (msn 44446) BFI (Joe G. Walker). Image: 940368.

American Airlines aircraft slide show:

 

WestJet reports fourth quarter and full-year results

WestJet Airlines Boeing 737-8 MAX 8 C-FNAX (msn 60511) YYC (Chris Sands). Image: 940862.

WestJet on February 6, 2018 announced its fourth quarter and year-end results for 2017, with full-year net earnings of $283.6 million, or $2.42 per diluted share. This compares with net earnings of $295.5 million, or $2.45 per diluted share reported in the full-year 2016. The airline achieved its 51st consecutive quarter of profitability, reporting fourth quarter net earnings of $48.5 million, or $0.42 per diluted share compared to $55.2 million, or $0.47 per diluted share reported in the fourth quarter of 2016. For the full-year and in each quarter of 2017, the airline flew a record number of guests. Based on the trailing twelve months, the airline recorded a return on invested capital of 10.0 per cent, down 0.2 percentage points from the 10.2 per cent reported in the previous quarter.

“In 2017, we continued our evolution toward becoming a global airline while flying a record number of guests and achieving our highest annual load factor in our history. We announced an agreement to enter a joint venture with Delta Air Lines, which will give Canadians more access to our low fares and growing network. We also proudly took delivery of Canada’s first Boeing 737 MAX aircraft (above) this fall, and it was in service with high reliability before the busy holiday season,” said WestJet President and CEO Gregg Saretsky. “WestJetters care to the core by safely providing our guests with award-winning and friendly service every day. I thank each of the more than 13,000 WestJetters for their work and dedication this quarter, especially in light of the severe cold and weather-related operational challenges.”

Operating highlights (stated in Canadian dollars)

Q4 2017 Q4 2016 Change Full-year
2017
Full-year
2016
Change
Net earnings (millions) $48.5 $55.2 (12.2%) $283.6 $295.5 (4.0%)
Diluted earnings per share $0.42 $0.47 (10.6%) $2.42 $2.45 (1.2%)
Total revenue (millions) $1,117.4 $1,017.8 9.8% $4,502.3 $4,122.9 9.2%
Operating margin 7.0% 8.4% (1.4 pts) 9.7% 10.7% (1.0 pts)
ASMs (available seat miles) (billions) 7.659 7.253 5.6% 30.998 29.298 5.8%
RPMs (revenue passenger miles) (billions) 6.329 5.816 8.8% 25.904 23.968 8.1%
Load factor 82.6% 80.2% 2.4 pts 83.6% 81.8% 1.8 pts
Segment guests 6,010,069 5,424,052 10.8% 24,137,477 21,951,463 10.0%
Yield (revenue per revenue passenger mile) (cents) 17.66 17.50 0.9% 17.38 17.20 1.0%
RASM (revenue per available seat mile) (cents) 14.59 14.03 4.0% 14.52 14.07 3.2%
CASM (cost per available seat mile) (cents) 13.57 12.86 5.5% 13.11 12.57 4.3%
CASM, excluding fuel and employee profit share (cents)* 10.23 9.87 3.6% 9.89 9.75 1.4%
*Refer to reconciliations in the accompanying tables for further information regarding calculations.

 

Dividend declaration
On February 5, 2018, WestJet’s Board of Directors declared a cash dividend of $0.14 per common voting share and variable voting share for the first quarter of 2018, to be paid on March 30, 2018, to shareholders of record on March 14, 2018. All dividends paid by WestJet are, pursuant to subsection 89(14) of the Income Tax Act, designated as eligible dividends, unless indicated otherwise. An eligible dividend paid to a Canadian resident is entitled to the enhanced dividend tax credit.

Copyright Photo: WestJet Airlines Boeing 737-8 MAX 8 C-FNAX (msn 60511) YYC (Chris Sands). Image: 940862.

WestJet aircraft slide show:

Travel Service takes delivery of its first Boeing 737-8 MAX 8

First Boeing 737-8 MAX 8, delivered on January 30, 2018

Boeing, GE Capital Aviation Services (GECAS) and Travel Service Airlines, the largest carrier in the Czech Republic, celebrated the delivery of the airline’s first 737 MAX airplane.

Travel Service is leasing the airplane – a more fuel-efficient, quieter, and longer-range version of the 737 jet – from GECAS, the commercial aircraft leasing and financing arm of General Electric.

The new type will be operated under the Smartwings brand.

Copyright Photo: SmartWings (smartwings.com) Boeing 737-8 MAX 8 OK-SWA (msn 43555) BFI (Joe G. Walker). Image: 940838.

Smartwings aircraft slide show:

 

Boeing delivers the first 737-8 MAX 8 to Oman Air

Oman Air and Boeing celebrated the delivery of the airline’s first 737 MAX airplane, one of 30 that Oman Air will operate as it expands its fleet and service.

The 737 MAX is a family of airplanes that incorporate the latest technology CFM International LEAP-1B engines, Advanced Technology winglets, Boeing Sky Interior, large flight deck displays, and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. In Oman Air’s configuration, its MAX 8 airplane will seat 162 passengers.

Oman Air’s commitment to enhancing the inflight experience will be evident in both its business and economy class on board the 737 MAX. The 12 new, specially-designed business class seats will be electrically-controlled offering passengers more privacy with enhanced trim and finishes, whilst the 150 seats in economy will also feature a refreshed interior. While the business class will offer a 17″ Thales Gen V, touch-screen AVANTE monitor, economy will have a similar 10.2″ monitor.  In addition, there will be high powered USB port for each passenger regardless of class.

Oman Air ordered 20 MAX airplanes in October 2015 and has since entered into a lease agreement for 10 more of the jets. The new airplanes will grow the Muscat-based carrier’s fleet of 27 737s and seven 787 Dreamliners.

The 737 MAX is the fastest-selling airplane in Boeing history, accumulating more than 4,300 orders to date from 92 customers worldwide. In the Middle East, Boeing currently has a backlog of over 300 737 MAXs with four airlines.

Photo: Boeing. The pictured Boeing 737-8 MAX 8 A40-MA (msn 43294) was handed over on January 31, 2018.

Oman Air aircraft slide show:

TUI Group takes delivery of its first Boeing 737-8 MAX 8

TUI's first Boeing 737-8 MAX 8, delivered on January 29, 2018

TUI Group, the world’s largest tourism business, is celebrating the delivery of the operator’s first Boeing 737-8 MAX 8 (OO-MAX). TUI Airlines (Belgium) is the TUI Group operator of the new type.

The 737 MAX delivers the highest efficiency, reliability and passenger comfort in the single-aisle market by incorporating the latest technology CFM International LEAP-1B engines, Advanced Technology winglets, the Boeing Sky Interior, large flight deck displays, and other improvements. The efficiency gains have helped make the MAX the fastest selling airplane in Boeing history with more than 4,300 orders to date from 92 customers worldwide.

TUI Group has 51 additional orders of the 737 MAX 8 and four 787 Dreamliners. The Group also has 18 unfilled orders for the 737 MAX 10 and was the first European operator to select the latest and largest member of the 737 MAX family of airplanes.

The pictured OO-MAX was officially handed over on January 29, 2018. OO-MAX went into revenue service on February 5, 2018 between Brussels and Tenerife Sur (TFS).

Copyright Photo: TUI Airlines (Belgium) Boeing 737-8 MAX 8 OO-MAX (msn 44588) BFI (Joe G. Walker). Image: 940811.

TUI Airlines (Belgium) aircraft slide show: