Tag Archives: Embraer ERJ 170100

Air Lituanica to start Paris CDG service on February 14, 2014, Estonian Air cancels the contract

Air Lituanica (Vilnius) is planning to launch a new route to Paris (CDG) starting on February 14, 2014. The new route will initially be an extension of the Prague route four days a week but the destination will become nonstop service after April 27.

Schedule:

Air Lituanica Vilnius-Paris Schedule

All Air Lituanica flights are currently being operated by Estonian Air‘s (Talinn) Embraer 170s but this relationship seems to be unravelling. Estonian Air has cancelled the contract with Air Lituanica and issued this statement:

As part of winding down flight operations in Lithuania connected to the termination of its contractual relationship with Vilnius-based Air Lituanica, Estonian Air has decided to service the Vilnius – Berlin route only through December 15, 2013 and Vilnius – Amsterdam through January 6, 2014.

“After Estonian Air was forced to terminate its contractual relationship with Air Lituanica due to repeated breaches by Air Lituanica, we have no intentions to serve these routes independently in long term. We are doing everything to fulfill our obligations to ticket holders and minimize any interruptions related to their travel plans,“ said Jan Palmér, the CEO of Estonian Air.

Only Estonian Air tickets (with number 960 – XXXXXXXXX) and partner airline tickets, such as KLM, Delta, Hahn Air, are be accepted on Estonian Air flights.

Estonian Air flight tickets on Vilnius-Berlin flights after December 15, 2013 and on Vilnius – Amsterdam flights after January 6, 2014 will be refunded.

Who will replace Estonian Air? Can Air Lituanica survive this cancellation?

Copyright Photo: TMK Photography/AirlinersGallery.com. Operated by Estonian Air for Air Lituanica, Embraer ERJ 170-100LR ES-AEB (msn 17000106) arrives at Brussels.

Air Lituanica: AG Slide Show

Estonian Air: AG Slide Show

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California Pacific is again rejected by the FAA for an AOC

California Pacific Airlines (Carlsbad) will not fly, at least not for now. According to the Federal Aviation Administration (FAA) and this report by U-T San Diego, the FAA has again rejected the scheduled passenger airline application for the paper airline. The FAA cited various deficiencies in the application relating to safety, maintenance and inspections. The would-be airline has until September 13 to resubmit its application. CP Air remains confident it can correct the errors in its resubmission. The founder, Ted Vallas, is 91.

Read the full report: CLICK HERE

Copyright Photo: James Helbock/AirlinersGallery.com. Meanwhile the pictured Embraer ERJ 170-100LR N760CP (msn 17000006) arrived in Nashville, TN in late July from Arizona.

California Pacific: AG Slide Show

Read all the previous news articles: AG Previous News

Air Lituanica starts its third route to Berlin

Air Lituanica (Vilnius) on August 5 started its the third route to Berlin (Tegel), following new service to Brussels and Amsterdam.

Copyright Photo: TMK Photography/AirlinersGallery.com. Operated by Estonian Air, Embraer ERJ 170-100LR ES-AEB (msn 17000106) approaches Brussels for landing on its flight from Vilnius.

Air Lituanica: AG Slide Show

Republic Airways Holdings’ second quarter net income increases 23% to $24.6 million, Frontier Airlines reports pre-tax 2Q income of $13.7 million

Republic Airways Holdings Inc. (Republic Airlines 2nd) (Indianapolis) reported diluted earnings per share of $0.46, which is a 15.0% increase from the $0.40 per diluted share result in the second quarter of 2012. Net income increased 23.0% to $24.6 million for the quarter ended June 30, 2013, compared to net income of $20.0 million for the same period last year. Operating revenues totaled $664.4 million, a decrease of 8.7%, compared to $728.1 million for the second quarter of 2012.

“We are pleased to report improved financial results for the second quarter, driven primarily by the year over year improvement in our small regional jet operations at Chautauqua,” said Republic Chairman, President and CEO Bryan Bedford. “Our process to sell Frontier continues and I am very pleased that we were able to reach tentative labor agreements with both our Flight Dispatchers and Flight Attendants, which remain subject to membership ratification. I am thankful for the continued professionalism and dedication of my 10,000 co-workers on behalf of our passengers.”

Republic Segment Summary

Republic’s pre-tax income improved 45.8% to $27.7 million from $19.0 million in the prior year’s second quarter, due mainly to the redeployment of idled 50-seat aircraft and the successful completion of our Chautauqua restructuring efforts in late 2012.

Total Republic revenues decreased $20.6 million, or 5.8%, from the second quarter of 2012 to $336.8 million in the second quarter of 2013. Fixed-fee service revenue increased $34.9 million, or 12.4%, to $316.9 million, despite the removal of fuel expense and related reimbursement on our United E170 fixed-fee agreement, which accounted for $25.1 million of revenues in the prior year’s second quarter. The majority of the increase in fixed-fee revenues relates to Republic’s Q400 agreement with United that began in the second half of 2012 and Republic’s E190 charter agreement, which began in January 2013. Republic passenger service revenue decreased $56.1 million due to a reduction of pro-rate operations with Frontier, as aircraft previously operating in pro-rate service were either transitioned to other fixed-fee agreements or sold.

Fuel costs for Republic decreased $42.3 million to $12.1 million for the quarter, due mainly to the removal of fuel expense on our United agreement as noted above. The fuel cost per gallon, including into-plane taxes and fees, increased to $3.34 per gallon in the second quarter of 2013, compared to $3.26 per gallon in the prior year’s second quarter. The fuel cost per gallon related to our fixed-fee charter agreement is generally higher than our pro-rate operations with Frontier and is treated as a pass through cost under the agreement.

As of June 30, 2013, Republic operated a fleet of 232 aircraft. Within our fixed-fee commercial and charter agreements, Republic operated 70 aircraft with 44-50 seats and 157 aircraft with 69-99 seats. In addition, Republic operated five 99-seat aircraft under the pro-rate agreement with Frontier, down from seventeen, 99-seat aircraft operated in pro-rate service during the second quarter of 2012.

The Company expects to take delivery of 18 Embraer ERJ 175 aircraft to operate under its American capacity purchase agreement by the end of 2013. Additionally, the Company expects to place into service the final six Q400 aircraft under its United capacity purchase agreement over the next two quarters.

Frontier Segment Summary

For the quarter ended June 30, 2013, Frontier Airlines (2nd) (Denver) posted pre-tax income of $13.7 million, which is down slightly from $14.1 million of pre-tax income for the quarter ended June 30, 2012.

Frontier’s capacity, as measured by available seat miles (ASMs), was down 10.1% from the prior year’s second quarter, as a result of operating fewer Airbus aircraft. Frontier’s total revenues decreased 11.6% to $327.6 million for the quarter, compared to $370.7 million for the same period in 2012. Total revenue per ASM (TRASM) decreased 1.6% to 11.98 cents in the second quarter of 2013 from 12.18 cents in the second quarter of 2012.

Fuel costs decreased from the prior year’s second quarter by $22.6 million to $114.2 million for the quarter. The fuel cost per gallon, including into-plane taxes and fees, decreased to $3.14 per gallon in the second quarter of 2013, compared to $3.35 per gallon in the prior year’s second quarter. The second quarter of 2013 results included a loss on fuel hedges of $1.7 million, or $0.05 per gallon.

The operating unit cost for Frontier, excluding fuel, was 7.27 cents per ASM for the second quarter of 2013, a 1.3% increase compared to 7.18 cents per ASM for the same quarter of 2012.

As of June 30, 2013, Frontier operated 52 Airbus aircraft, compared to 58 Airbus aircraft as of June 30, 2012. All six aircraft removed were returned to lessors.

Recent Business Developments

On June 17, 2013, the Company announced it had reached a tentative agreement (TA) on a new five-year contract with the Transportation Workers Union (TWU) Local 540 Dispatchers. This TA is currently being voted on by union membership and we expect the voting results on August 1, 2013.

On June 24, 2013, the Company announced it had reached a TA on a new five-year contract with the International Brotherhood of Teamsters (IBT) Local 135 Flight Attendants. This TA is currently being voted on by union membership and we expect the voting results on July 29, 2013.

On July 15, 2013, the Company announced that it had entered into an agreement with an affiliate of the Brazilian Development Bank (BNDES) for the financing of 47 Embraer E175 aircraft. These aircraft will provide service under the terms of the capacity purchase agreement with American Airlines announced in January. The first aircraft was delivered on July 15, 2013, and is scheduled to go into service with American on August 1, 2013.

Balance Sheet and Liquidity

The Company’s total cash balance increased $44.8 million to $439.1 million as of June 30, 2013, compared to December 31, 2012. Restricted cash increased $53.2 million, to $200.3 million, from December 31, 2012. The Company’s unrestricted cash balance decreased $8.4 million, to $238.8 million, from December 31, 2012. A condensed consolidated balance sheet and cash flow statement have been included in the tables section of this release.

The Company’s debt decreased to $1.98 billion as of June 30, 2013, compared to $2.12 billion at December 31, 2012. As of June 30, 2013, approximately 90% of the debt is at a fixed interest rate. The Company has significant long-term lease obligations for aircraft that are classified as operating leases and are not reflected as liabilities on the Company’s consolidated balance sheet. At a 6% discount factor, the present value of these lease obligations was approximately $0.9 billion and $1.0 billion as of June 30, 2013, and December 31, 2012, respectively.

Copyright Photo: Bruce Drum/AirlinersGallery.com. Republic Airways (Republic Airlines 2nd) Embraer ERJ 170-100SU N821MD (msn 17000042) departs from Fort Lauderdale-Hollywood International Airport.

Frontier Airlines (2nd): AG Slide Show

Republic Airways (Republic Airlines 2nd):

AG Slide Show

Air Lituanica launches scheduled passenger operations

Air Lituanica (Vilnius) as planned, commenced scheduled passenger operations with an Embraer 170 leased from Estonian Air. The new airline launched its first route on June 30 to Brussels. On July 8 the second route to Amsterdam will be started. The airline intends to expand later to Berlin, Prague, Munich, and Moscow.

Air Lituanica 7:2013 Route Map

Top Copyright Photo: Karl Cornil/AirlinersGallery.com (all other images by Air Lituanica). Embraer ERJ 170-100LR ES-AEB (msn 17000106) arrives at Brussels on the inaugural flight.

Bottom Copyright Photo: Air Lituanica. The formal ribbon cutting ceremony at Vilnius for the first departure to Brussels.

Air Lituanica ribbon cutting (Air Lituanica)(LR)

Republic Airways Holdings reaches a tentative agreement with its flight attendants

Republic Airways Holdings Inc. (Indianapolis) has announced that it has reached a tentative agreement (TA) on a new five-year contract with the International Brotherhood of Teamsters (IBT) Local 135 Flight Attendants. Local 135 represents over 2,000 Flight Attendants for Chautauqua Airlines, Republic Airlines (2nd) and Shuttle America.

The proposed contract includes increases in pay, improvements in quality of life and more flexibility in scheduling. The TA still must be presented to union members for review and a ratification vote, which is expected to be held in July.

Top Copyright Photo: Tony Storck/AirlinersGallery.com (please click on the photo for the full size view). Shuttle America’s Embraer ERJ 170-200LR (ERJ 175) N204JQ (msn 17000243) operating as a Delta Connection carrier arrives at Washington (Reagan National).

Delta Connection-Shuttle America: AG Slide Show

United Express-Shuttle America: AG Slide Show

Bottom Copyright Photo: Jay Selman/AirlinersGallery.com. Shuttle America’s Embraer ERJ 170-100SE N639RW (msn 17000057) prepares to land at Charlotte while operating for United Airlines as an United Express carrier.

Combined Route Map (please click on the map for the full-size view):

Republic Airways Holdings 7:2013 Route Map

LOT Polish Airlines asks for more money from the Polish treasury

LOT Polish Airlines (Warsaw) has applied for additional state aid in the amount of over $115 million from the Polish treasury according to this report by Business New Europe citing treasury sources. The treasury has promised the citizens of Poland that this will be last bailout for the state airline. The treasury ministry must approve the request before it is sent to the European Commission in Brussels for the final approval.

There is also a report the airline will lease out out two of its new Boeing 787-8s.

LOT Polish will continue to shrink in size and go to smaller aircraft as the government continues its attempt to sell the loss-making carrier.

Read the full report: CLICK HERE

Copyright Photo: Ole Simon/AirlinersGallery.com. LOT Polish’ Embraer ERJ 170-200LR (ERJ 175) SP-LIN (msn 17000313) taxies at Paris (Orly).

LOT Polish Airlines: AG Slide Show