Japan Transocean Air-JTA (JAL) (Naha, Okinawa) in December introduced this striking new Whale Shark logojet named “Jinbei Jet”.
Top Copyright Photo: Shige Sakaki. Boeing 737-4Q3 JA8939 (msn 29486) is pictured at its Okinawa home in the motif.
Japan Transocean Air-JTA (JAL) (Naha, Okinawa) in December introduced this striking new Whale Shark logojet named “Jinbei Jet”.
Top Copyright Photo: Shige Sakaki. Boeing 737-4Q3 JA8939 (msn 29486) is pictured at its Okinawa home in the motif.
Ryanair (Dublin) announced third quarter profits of $24.1 million (โฌ18 million), up $4 million (โฌ3 million) on last year despite an $109 million (โฌ81 million) increase in fuel costs.ย Revenues rose 15% to $1.3 billion (โฌ969 million) as traffic grew 3% to 17.3 million passengers.ย Unit costs rose 11% mainly due to a 24% (โฌ81 million) increase in fuel.ย Excluding fuel third quarter unit costs rose by 4%, while average fares improved by 8%.
|
Q3 Results (IFRS) โฌ
|
Dec 31, 2011
|
Dec 31, 2012
|
% Change
|
|
Passengers
|
16.7m
|
17.3m
|
ย +3%
|
|
Revenue
|
โฌ844m
|
โฌ969m
|
ย +15%
|
|
Profit after Tax
|
โฌ14.9m
|
โฌ18.1m
|
ย +21%
|
|
Basic EPS(euro cent)
|
1.02
|
1.25
|
ย +23%
|
SunExpress Airlines (Antalya) will add four new destinations from Izmir this coming summer. Bremen (April 3), Hahn (July 4), Oslo (May 2) and Stockholm (April 28) will be added bringing to 35 the number of destinations from IZmir.
Read the full report from turizmdebusabah (in Turkish):ย CLICK HERE
Copyright Photo: Paul Denton. Celebrating 20 Years of operations with this special livery, Boeing 737-85F TC-SUM (msn 28826) arrives at Antalya, Turkey.
The National Transportation Safety Board (NTSB) (Washington) investigation of the battery fire on board a Boeing 787-8 of JAL-Japan Airlines (Tokyo) at Boston continues.
Deborah Hersman, chairman of the National Transportation Safety Board briefed the media yesterday (January 24) and according to this report by Reuters made it clear that “investigators have found a series of “symptoms” in the battery damaged in a January 7 fire in Boston, but not the underlying cause of the problem. She also said the agency would be looking at the design of the battery compartment area of the plane and whether the certification standards had been strong enough.”
“This is an unprecedented event. We are very concerned. We do not expect to see fire events on board aircraft. This is a very serious air safety concern.” as stated by Hersman.
According to Reuters, “Hersman, talking to reporters after the news conference, confirmed that there is no fire suppression system in the area where the battery burned, nor any way to access it in-flight.”
Bottom line: the 787 could be grounded for a while. Fires on board aircraft should not be happening and this statement now raises concerns about the FAA certification process of the aircraft.
Meanwhile Boeing issued this statement:
Boeing (Chicago) welcomes the progress being made in the 787 investigation discussed today by the U.S. National Transportation Safety Board (NTSB) in Washington, D.C. The regulatory and investigative agencies in the U.S. and Japan have dedicated substantial resources to these investigations, and we appreciate their effort and leadership.
Boeing continues to assist the NTSB and the other government agencies in the U.S. and Japan responsible for investigating two recent 787 incidents. The company has formed teams consisting of hundreds of engineering and technical experts who are working around the clock with the sole focus of resolving the issue and returning the 787 fleet to flight status. We are working this issue tirelessly in cooperation with our customers and the appropriate regulatory and investigative authorities. The safety of passengers and crew members who fly aboard Boeing airplanes is our highest priority.
In order to ensure the integrity of the process and in adherence to international protocols that govern safety investigations, we are not permitted to comment directly on the ongoing investigations. Boeing is eager to see both investigative groups continue their work and determine the cause of these events, and we support their thorough resolution.
Boeing deeply regrets the impact that recent events have had on the operating schedules of our customers and their passengers.
Read the full report: CLICK HERE
JAL-Japan Airlines (Tokyo) will operate a Boeing 777 flight on the Tokyo (Narita)-San Diego route on January 30. It is unclear at this time if the flight will continue beyond this single roundtrip flight. The route has been suspended since the Boeing 787-8 was grounded.
Read the full report from U-T San Diego: CLICK HERE
Copyright Photo: James Helbock. Tokyo meets San Diego. Flying over an appropriate JAL advertising billboard about the new service, Boeing 787-8 JA827J (msn 34837) completes its final approach over downtown San Diego.
United Continental Holdings, Inc. (United Airlines) (Chicago) today reported full-year 2012 net income of $589 million, or $1.59 per diluted share, excluding $1.3 billion of special charges. Including special charges, UAL reported a full-year 2012 net loss of $723 million, or $2.18 per share. UAL reported a fourth-quarter 2012 net loss of $190 million, or $0.58 per share, excluding $430 million of special charges. Including special charges, UAL reported a fourth-quarter 2012 net loss of $620 million, or $1.87 per share.
Fourth-Quarter Revenue andย Capacity
For the fourth quarter of 2012, total revenue was $8.7 billion, a decrease of 2.5 percent year-over-year. Fourth-quarter consolidated passenger revenue decreased 3.6 percent to $7.5 billion, compared to the same period in 2011.
Consolidated revenue passenger miles (RPMs) decreased 3.2 percent on a consolidated capacity (available seat miles) decrease of 4.2 percent year-over-year for the fourth quarter, resulting in a fourth-quarter consolidated load factor of 82.3 percent.
Fourth-quarter 2012 consolidated PRASM increased 0.6 percent compared to the same period in 2011. Consolidated yield for the fourth quarter of 2012 decreased 0.4 percent year-over-year.
Mainline RPMs in the fourth quarter of 2012 decreased 3.7 percent on a mainline capacity decrease of 4.3 percent year-over-year, resulting in a fourth-quarter mainline load factor of 82.5 percent. Mainline yield for the fourth quarter of 2012 decreased 0.9 percent compared to the same period in 2011. Fourth-quarter 2012 mainline PRASM decreased 0.3 percent year-over-year.
“While we didn’t meet our revenue goals in 2012, we have addressed the integration issues that drove our underperformance,” said Jim Compton, UAL’s vice chairman and chief revenue officer. “We’re now positioned to capitalize on market opportunities across our network, and to earn back our share of revenue, based on solid operations and great customer service.”
Passenger revenue for the fourth quarter of 2012 and period-to-period comparisons of related statistics for UAL’s mainline and regional operations are as follows:
| 4Q 2012PassengerRevenueย ย
(millions) |
Passenger Revenue vs.
4Q 2011 |
PRASMย vs. 4Q 2011 | Yield vs. 4Q 2011 | Available Seat Milesย vs. 4Q 2011 |
||||||||||
| Domestic | $2,953 | (6.2%) | (1.8%) | (1.9%) | (4.5%) | |||||||||
| Atlantic | 1,214 | (7.5%) | (0.3%) | (0.3%) | (7.2%) | |||||||||
| Pacific | 1,156 | 4.1% | 5.9% | 3.8% | (1.7%) | |||||||||
| Latin America | 590 | (5.4%) | (4.2%) | (6.5%) | (1.3%) | |||||||||
| International | 2,960 | (2.8%) | 1.3% | 0.0% | (4.1%) | |||||||||
| Mainline | 5,913 | (4.6%) | (0.3%) | (0.9%) | (4.3%) | |||||||||
| Regional | 1,620 | 0.0% | 3.7% | 0.4% | (3.6%) | |||||||||
| Consolidated | $7,533 | (3.6%) | 0.6% | (0.4%) | (4.2%) | |||||||||
Year-over-year cargo and other revenue in the fourth quarter of 2012 increased 5.0 percent, or $56 million, to $1.2 billion.
Fourth-Quarter Costs
Total operating expenses, excluding special charges, increased $94 million, or 1.1 percent, in the fourth quarter versus the same period in 2011. Including special charges, fourth-quarter total operating expenses increased $284 million, or 3.2 percent, year-over-year. Third-party business expense was $118 million in the fourth quarter.
Consolidated and mainline CASM, excluding special charges and third-party business expense, increased 4.8 percent and 5.0 percent, respectively, in the fourth quarter of 2012 compared to the same period of 2011. Fourth-quarter consolidated and mainline CASM, including special charges, increased 7.7 and 8.5 percent year-over-year, respectively.
In the fourth quarter, consolidated and mainline CASM, excluding special charges and third-party business expense and holding fuel rate and profit sharing constant, increased 4.8 percent and 4.7 percent, respectively, compared to the results for the same period of 2011.
“While we reported a full-year profit in 2012, these results clearly fell short of our expectations and the return goals we have set,” said John Rainey, UAL’s executive vice president and chief financial officer. “2013 will be an important year for us as we take the necessary steps to create economic value and achieve a sufficient level of profitability.”
Liquidity, Cash Flow and Return on Invested Capital
UAL ended the year with $7.0 billion in unrestricted liquidity, including $500 million of undrawn commitments under a revolving credit facility. During the fourth quarter, the company generated $31 million of operating cash flow and had gross capital expenditures and purchase deposits of $1.0 billion, which included the delivery of 11 aircraft. The company made debt and capital lease principal payments of $270 million in the fourth quarter. For the full year, the company made debt and capital lease principal payments of $1.5 billion, including prepayments. The company’s return on invested capital for the year ended Dec. 31, 2012, was 8.0 percent, below the company’s goal of a 10 percent return over the business cycle.
2012 Events
Copyright Photo: Michael B. Ing. United Airlines is again getting to retire its last Boeing 737-500s this year for the second time. Previously the airline retired it original 737-522s but reacquired the type with the United-Continental merger with Continental 737-524s. 737-524 N16648 (msn) 28909) completes its final approach into Los Angeles International Airport.
Southwest Airlines Company (Southwest Airlines and AirTran Airways) (Dallas) today reported its fourth quarter and full year 2012 results.ย Fourth quarter 2012 net income was $78 million, or $.11 per diluted share, which included $13 million (net) of favorable special items.ย This compared to net income of $152 million, or $.20 per diluted share, in fourth quarter 2011, which included $86 million (net) of favorable special items.ย Excluding special items, fourth quarter 2012 net income was $65 million, or $.09 per diluted share, which was comparable to fourth quarter 2011.ย This exceeded the First Call consensus estimate of $.08 per diluted share.ย Additional information regarding special items is included in this release and in the accompanying reconciliation tables.
For the full year of 2012, net income was $421 million, or $.56 per diluted share, which included $4 million (net) of favorable special items. This compared to $178 million, or $.23 per diluted share, in full year 2011, which included $152 million (net) of unfavorable special items.ย Excluding special items, full year 2012 net income was $417 million, or $.56 per diluted share, compared to net income of $330 million, or $.43 per diluted share, for full year 2011.ย Operating income for full year 2012 was $623 million, compared to $693 million for full year 2011.ย Excluding special items, operating income for full year 2012 was $838 million, which was comparable to full year 2011.
Gary C. Kelly, Chairman of the Board, President, and Chief Executive Officer, stated, “2012 was a year of tremendous progress.ย Our profits (excluding special items) of $417 million grew 26 percent as compared to 2011 and represented our 40thย consecutive year of profitability.ย Without a doubt, this is a remarkable feat and a record unmatched in the airline industry.ย These solid earnings were achieved despite significant efforts and costs related to critical strategic initiatives.ย I expect these initiatives to produce substantial returns over the next several years.ย For 2012, these initiatives contributed to the 49 percent surge in our cash flow from operations to $2.1 billion. We ended the year with fourth quarter profits (excluding special items) of $65 million, which was in line with our year ago performance.
“I was very pleased with our operational performance for the year and our Customer Service delivery. Both were exceptional, especially considering the amount of work involved with our initiatives.ย I am deeply grateful to all of our People for their extraordinary efforts and a truly remarkable year.
“Our fourth quarter 2012 operating revenues were a fourth quarter record $4.2 billion, bringing full year 2012 operating revenues to more than $17 billion.ย Our strong fourth quarter 2012 operating revenue performance was driven by record yields, continued high load factors, and an impressive freight revenue performance.ย As with the full year profits, these strong revenues were achieved despite the transitional state of the AirTran route network.ย While there was much change in 2012, significant optimization efforts are planned in 2013 for the AirTran network.ย As we enter 2013, bookings and revenue trends, thus far, suggest a year-over-year improvement in January 2013 passenger unit revenues in the two to three percent range.ย While the effect of U.S. tax increases on the domestic economy remains uncertain, bookings for the remainder of first quarter, thus far, are strong.
“Our economic fuel costs, including fuel taxes, were $3.32 per gallon for fourth quarter 2012, and $3.28 per gallon for full year 2012, compared to $3.29 per gallon and $3.19 per gallon for the respective year-ago periods.ย Based on market prices as of January 18th, our first quarter 2013 economic fuel costs, including fuel taxes, are estimated to be approximately $3.30 per gallon, as compared to $3.44 per gallon for first quarter 2012.ย While current fuel price levels are very high, the year-over-year decline estimated for first quarter 2013 economic fuel costs is an encouraging trend.
“As expected, our fourth quarter 2012 unit costs, excluding fuel, profitsharing, and special items, increased 5.8 percent, as compared to fourth quarter 2011.ย While we expect a similar trend in first quarter 2013, year-over-year unit cost inflation, excluding fuel, profitsharing, and special items, is expected to significantly ease for full year 2013 as we complete ourย Evolveย interior cabin retrofits and begin to more fully realize benefits from our fleet modernization efforts.
“While we continue to transform our Company with a bold five-year strategic plan that began in 2011, we remain committed to the pillars of our successโoutstanding Customer Service; safe, reliable, and efficient operations; and low costs. We are on track with our plan to fully integrate AirTran into Southwest Airlines by the end of 2014.ย We realized $142 million of net, annualized, pre-tax synergies during 2012, and we expect to achieve our $400 million target in 2013 (excluding acquisition and integration expenses).ย This month, we are on track to begin testing connecting itineraries between the Southwest and AirTran networks in a handful of markets, with significant offerings planned in February and more in March.ย Once fully implemented in April, we expect the connected networks to contribute incremental revenue in 2013 and provide significant opportunities to optimize the combined network.ย Our fleet modernization initiatives are on schedule with 259 Southwest 737-700 aircraft retrofitted with our new 143-seatย Evolveย cabin.ย We expect to have all 372 of Southwest’s 737-700 aircraft retrofitted withย Evolveย by June and 78 of our 737-300 aircraft retrofitted by the end of 2013. We currently have 34 737-800s in our fleet with plans to grow to 54 this year and 78 next year.ย We have equipped 400 Southwest aircraft with Row 44 WiFi technology, providing our Customers access to satellite-based WiFi and live television.ย We intend to significantly grow our inflight entertainment offerings in 2013.ย We are thrilled with the Customer feedback and incremental revenue generated from our All-New Rapid Rewards frequent flyer program that was installed in 2011.ย Our international reservation system implementation is on track for 2014, and we continue to make great progress on implementing our new revenue management program in 2013.ย Also, we’ve announced new 2013 revenue streams: selling open A1 through A15 premium boarding positions and a new service charge for reuse of funds associated with restricted tickets that are not canceled (or changed) prior to departure.ย Collectively, we expect our strategic initiatives and new revenue streams to contribute the majority of the planned $1.1 billion year-over-year revenue increase in 2013.ย I am enthused about our 2013 plan and believe our transformation efforts will make us better, stronger, and more competitive.
“Our financial position remains strong with $3 billion in cash and short term investments.ย We generated $716 million in free cash flow* during 2012, and we expect healthy free cash flow* in 2013.ย We remain focused on enhancing Shareholder value through capital efficiency and our targeted 15 percent pretax return on invested capital.
“We believe in our strategic plan.ย And, the outstanding efforts, commitment, and dedication of our People exhibited in 2012 gives me confidence in our ability to successfully execute this plan. The year 2012 was a year of dramatic accomplishments that I believe positions us to be stronger than ever.”
Notable 2012 accomplishments for Southwest Airlines include:
Financial Results and Outlook
AirTran Airways, Inc. became a wholly-owned subsidiary of the Company on May 2, 2011. Results discussed in this release and provided in the accompanying unaudited Condensed Consolidated Financial Statements and Comparative Consolidated Operating Statistics include the results of operations and cash flows for AirTran beginning May 2, 2011, including the impact of purchase accounting.ย Full year 2011 results do not include AirTran’s results prior to the acquisition date.ย However, the Company believes the analysis of specified financial results on a “combined basis” provides more meaningful year-over-year comparability.ย Full year 2011 financial information presented on a “combined basis” is the sum of the historical financial results of the Company and AirTran for periods prior to the acquisition date, but includes the impact of purchase accounting beginning May 2, 2011.ย Supplemental financial information presented on a “combined basis” and the accompanying reconciliations are included in this release.
The Company’s total operating revenues in fourth quarter 2012 increased 1.6 percent to $4.2 billion, compared to $4.1 billion in fourth quarter 2011.ย Operating unit revenues increased 1.9 percent from fourth quarter 2011. Based on current bookings and revenue trends, the Company expects a solid year-over-year increase in its first quarter 2013 unit revenues.
Total fourth quarter 2012 operating expenses were $4.1 billion, compared to $4.0 billion in fourth quarter 2011.ย Excluding special items in both periods, fourth quarter 2012 operating expenses increased 2.4 percent from fourth quarter 2011.
Fourth quarter 2012 economic fuel costs, including fuel taxes, were $3.32 per gallon, including $.09 per gallon in unfavorable cash settlements for fuel derivative contracts, compared to $3.29 per gallon in fourth quarter 2011, including $.12 per gallon in unfavorable cash settlements for fuel derivative contracts.ย Based on market prices as of January 18, 2013, the Company expects first quarter 2013 economic fuel costs, including fuel taxes, to be approximately $3.30 per gallon, including $.05 per gallon in unfavorable cash settlements for fuel derivative contracts.ย First quarter 2013 premium costs related to fuel derivative contracts, recorded in Other (gains) losses, are currently estimated to be approximately $5 million, compared to premium costs of $6 million in first quarter 2012.ย As of January 18, 2013, the fair market value of the Company’s hedge portfolio through 2017 was a net asset of approximately $216 million, compared to a net asset of approximately $220 million at December 31, 2012.ย Additional information regarding the Company’s fuel derivative contracts is included in the accompanying tables.
Fourth quarter 2012 profitsharing expense was $19 million, which was comparable to fourth quarter 2011.ย Excluding fuel, profitsharing, and special items in both periods, fourth quarter 2012 unit costs increased 5.8 percent from fourth quarter 2011.ย Based on current cost trends, the Company expects a similar year-over-year increase in its first quarter 2013 unit costs, excluding fuel, profitsharing and special items in both periods.
Operatingย income for fourth quarter 2012 wasย $91 million, compared to $147 million in fourth quarter 2011.ย Excluding special items in both periods, operating income was $136 million for fourth quarter 2012, compared to $167 million in fourth quarter 2011.ย The Company incurred $14 million in special charges (before taxes) during fourth quarter 2012 associated with the acquisition and integration of AirTran.
Other income for fourth quarter 2012 was $34 million, compared to $108 million in fourth quarter 2011.ย This $74 million decrease primarily resulted from $62 million in gains recognized in fourth quarter 2012, compared to $153 million in fourth quarter 2011.ย In both periods, these gains primarily resulted from unrealized mark to market gains/losses associated with a portion of the Company’s fuel hedging portfolio, which are special items.ย Excluding these special items, other losses were $3 million in fourth quarter 2012, compared to $15 million in fourth quarter 2011, primarily attributable to the premium costs associated with the Company’s fuel derivative contracts.ย Net interest expense declined to $28 million in fourth quarter 2012, compared to $45 million in fourth quarter 2011, primarily as a result of the Company’s repayment of its $400 million notes in December 2011 and the redemption of its $385 million notes in March 2012.
Total operating revenues for full year 2012 increased 9.1 percent to $17.1 billion, while total operating expenses increased 10.0 percent to $16.5 billion, resulting in operating income of $623 million, compared to $693 million for full year 2011.ย For full year 2012, special charges (before taxes) associated with the acquisition and integration of AirTran were $183 million, bringing cumulative costs incurred to $324 million (before profitsharing and taxes).ย The Company expects total acquisition and integration costs will be no more than $550 million.ย Excluding special items, operating income was $838 million for full year 2012, compared to $839 million for full year 2011.ย Excluding special items and compared to combined results for the same period in 2011, total operating revenues for full year 2012 increased 3.0 percent, while total operating expenses increased 3.1 percent, resulting in a 0.5 percent increase in operating income for full year 2012.
The Company’s return on invested capital (before taxes and excluding special items) was approximately 7 percent for the year ended December 31, 2012.ย Additional information regarding pretax return on invested capital is included in the accompanying reconciliation tables.
Net cash provided by operations for full year 2012 was $2.1 billion, and capital expenditures were $1.3 billion.ย As a result, the Company generated $716 million in free cash flow* in 2012.ย During 2012, the Company paid $22 million in dividends, which was a 57 percent increase over the year ago period.ย The Company also repurchased approximately 46 million shares of common stock for approximately $400 million.ย The Company repaid $578 million in debt and capital lease obligations during 2012, and intends to repay approximately $205 million in debt and capital lease obligations in 2013, including approximately $70 million in first quarter 2013.ย As of January 23rd, the Company had approximately $3 billion in cash and short-term investments, and a fully available unsecured revolving credit line of $800 million.
Southwest Airlines Fourth Quarter 2012 Awards and Recognitions
Copyright Photo: Brian McDonough.ย Boeing 737-8H4 WL N8313F (msn 38810) prepares to touch down at Baltimore/Washington. The airline currently operatesย 34 737-800s with plans to grow to the 737-800 fleet to 54 this year and 78 next year.
Alaska Air Group, Inc. (Alaska Airlines and Horizon Air) (Seattle/Tacoma) today reported fourth quarter 2012 GAAP net income of $44 million, or $0.61 per diluted share, compared to GAAP net income of $64 million, or $0.88 per diluted share in 2011. Excluding mark-to-market fuel hedge losses of $10 million ($6 million after tax, or $0.09 per diluted share), the company reported record fourth quarter 2012 net income of $50 million, or $0.70 per diluted share, compared to net income excluding mark-to-market fuel hedge gains of $37 million, or $0.51 per diluted share, in 2011.
The company reported full-year 2012 GAAP net income of $316 million, compared to $245 million in the prior year.ย Excluding the impact of the items noted in the table below, the company reported record net income of $339 million, or $4.73 per diluted share for 2012, compared to net income of $287 million, or $3.92 per diluted share in 2011.ย This marks the company’s ninth consecutive year of adjusted profits and the third year in a row the company has exceeded its goal of a 10 percent return on invested capital.
The following table reconciles the Company’s adjusted net income and earnings per diluted share (EPS) during the full year and fourth quarters of 2012 and 2011 to amounts as reported in accordance with GAAP:
| Three Months Ended December 31, | |||||||||||||||
| 2012 | 2011 | ||||||||||||||
| (in millions, except per share amounts) | Dollars | Diluted EPS | Dollars | Diluted EPS | |||||||||||
| Reported GAAP net income | $ | 44 | $ | 0.61 | $ | 64 | $ | 0.88 | |||||||
| Mark-to-market fuel hedge adjustments, net of tax | 6 | 0.09 | (27) | (0.37) | |||||||||||
| Non-GAAP adjusted income and per share amounts | $ | 50 | $ | 0.70 | $ | 37 | $ | 0.51 | |||||||
| Twelve Months Ended December 31, | |||||||||||||||
| 2012 | 2011 | ||||||||||||||
| (in millions, except per share amounts) | Dollars | Diluted EPS | Dollars | Diluted EPS | |||||||||||
| Reported GAAP net income | $ | 316 | $ | 4.40 | $ | 245 | $ | 3.33 | |||||||
| Fleet transition costs, net of tax | โ | โ | 24 | 0.33 | |||||||||||
| Mark-to-market fuel hedge adjustments, net of tax | 23 | 0.33 | 18 | 0.26 | |||||||||||
| Non-GAAP adjusted income and per share amounts | $ | 339 | $ | 4.73 | $ | 287 | $ | 3.92 | |||||||
Copyright Photo: Michael B. Ing. Newly-painted Boeing 737-890 N559AS (msn 35178) displays the updated Wild Alaska Seafood “Salmon-Thirty-Salmon 2” as it climbs at Los Angeles International Airport.
Air China (Beijing) has announced it will add Genevaย starting on May 7, 2013. The flag carrier will offer nonstop four-times weekly Beijing – Geneva service using the Airbus A330-200. That will make Air China the only carrier offering nonstop rotations between Beijing and Geneva. The Beijing – Geneva route will become East Asia’s first direct route to Geneva, offering an additional flight option to travelers to and from Tokyo, Seoul, Hong Kong, Bangkok and Manila.
The flight numbers of the Beijing – Geneva service will be CA 861/862. The four-times weekly flight leaves Beijing at 13:30 and arrives at 18:25 in Geneva on the same day. The return flight is expected to take off from Geneva at 20:25 and arrive at the Beijing Capital International Airport at 12:55 the next day.
The Chinese carrier is also retiring the Boeing 757-200 from international service on March 31, 2013 on the Chengdu-Karachi route per Airline Route.
Top Copyright Photo: Dave Glendinning. Airbus A330-243 B-6076 (msn 797) in the special Zichen Hao livery taxies to the gate at London (Heathrow).
Bottom Copyright Photo: Michael B. Ing. Air China’sย Boeing 757-2Z0 B-2820 (msn 25885) arrives back at the Beijing hub.
Delta Air Lines (Atlanta) is in discussions with both Airbus and Boeing about an order for 24 to 30 narrow body airliners according to this report by Bloomberg.
Delta is in a select group of airlines that operates both the Airbus A319/A320 family (inherited from Northwest) and the Boeing 737-700/800 Next-Generation family. The order will be for current models which are now being reportedly discounted by the manufacturers pending the arrival of the next round of new more fuel-efficient engines.
Which manufacturer will win out?
Read the full story from Reuters: CLICK HERE
Top Copyright Photo: Michael B. Ing. Ex-Northwest Airbus A320-212 N365NW (msn 964) climbs away from Los Angeles International Airport.
Bottom Copyright Photo: Brian McDonough. Boeing 737-732 N310DE (msn 29665) completes its final approach into Dulles International Airport near Washington.
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