Tag Archives: Embraer ERJ 190100

LAM Embraer 190 crashes in Bwabwata National Park in Namibia, 34 dead

LAM’s (Linhas Aereas de Mocambique) (Luanda) Embraer ERJ 190-100 IGW C9-EMC (msn 19000581) yesterday (November 29) was operating flight TM 470 from Maputo, Mozambique to the Luanda, Angola with 28 passengers and six crew members. The airliner never arrived. The weather in the area was reported to be stormy with low visibility. Today rescuers located the burned out wreckage in the Bwabwata National Park according to Reuters. There were no survivors. The airliner was only a little over one year old, having been delivered on November 8, 2012.

Read the full report: CLICK HERE

Copyright Photo: Paul Denton/AirlinersGallery.com. The pictured sister ship ERJ 190-100 IGW C9-EMA (msn 19000301) was the first E190 to arrive on August 6, 2009.

LAM: AG Slide Show

Video: LAM’s 33 years of flying:

LAM logo-1

Map:

LAM Maputo-Luanda Map

Ukraine International to start Bangkok service on December 7 and Stockholm service on June 1, 2014

Ukraine International Airlines-UIA (Kiev) will commence service between its Kiev hub and Stockholm (Arlanda) starting on June 1, 2014. The daily flight will be operated with new Embraer 190s.

Additionally, starting on December 7, 2013, UIA launches its first ever long-haul flights from Kiev to Bangkok. Nonstop scheduled flights will be operated three days a week on Boeing 767-300 aircraft in a three-class cabin layout: business, premium economy, and economy.

The airline continues to develop its “ski” destinations network by offering nonstop flights to Sofia (Bulgaria) and Salzburg (Austria), Erzurum (Turkey) and Grenoble (France), Kittila and Kajaani (Finland), as well as providing all passengers with an opportunity to carry one set of ski equipment free of charge.

UIA traditionally expands travel options` selection for the residents of the cities of Ukraine. In winter UIA nonstop flights will connect Donetsk, Odessa, and Kharkov with the capital of Bulgaria, Sofia, Donetsk and Odessa with Sharm El Sheikh, as well as Lvov, Zaporozhia and Kharkov with Hurghada.

Moreover, UIA has a special offer for winter sports fans: in February 2014 the leading Ukrainian carrier will operate nonstop daily (February 6 and 24 double-daily) flights between the capital of Ukraine and the capital of the 2014 Winter Olympics – the city of Sochi.

UIA turns 21.

UIA turns 21

Copyright Photo: Karl Cornil/AirlinersGallery.com. Embraer ERJ 190-100LR UR-EMA (msn 19000494) approaches Brussels for landing.

Ukraine International Airlines: AG Slide Show

Video:

Route Map:

Ukraine International 11.2013 Route Map

BA Cityflyer orders one more Embraer 190

BA CityFlyer (British Airways) (Manchester and London City Airport), British Airways’ wholly owned regional subsidiary, and Embraer announced today the acquisition of one additional Embraer 190 jet. This firm order will be included in Embraer’s 2013 fourth quarter backlog. The E-Jet will be operated from the Company’s main operating base at London City Airport (LCY).

The new E190 will be configured with 98 Elite seats.
Copyright Photo: Javier Rodriguez/AirlinersGallery.com. Embraer ERJ 190-100SR G-LCYO (msn 19000430) approaches Palma de Mallorca for landing.
BA Cityflyer: AG Slide Show

Alitalia planned job cuts unlikely to persuade Air France and KLM to put in more cash

Alitalia (2nd) (Rome) is facing a major decision today at its board meeting. According to this report by Reuters, Alitalia’s CEO Gabriele del Torchio, a turnaround specialist, is expected to unveil his plan. The drastic measures may include up to 2,000 job cuts and salary cuts.

However the cuts are unlikely to persuade major shareholder and board member Air France-KLM to put any more capital into the failing flag carrier. Alitalia needs a $400 million infusion to keep flying. The group has already zeroed-out its investment.

Read the full report: CLICK HERE

Copyright Photo: Dave Glendinning/AirlinersGallery.com. Alitalia’s Embraer ERJ 190-100LR EI-RNB (msn 19000479) taxies at London (Heathrow).

Alitalia: AG Slide Show

 

JetBlue begins operations at Worcester

JetBlue Airways (New York) yesterday (November 7) began flying from the Worcester Regional Airport to Fort Lauderdale/Hollywood and Orlando, as the airline continues to grow its foothold in New England. JetBlue now offers 256 daily flights in and out of New England and is the exclusive commercial airline to operate at the Central Massachusetts facility.

JetBlue’s schedule between Worcester (ORH) and Fort Lauderdale/Hollywood (FLL) effective November 7, 2013:

ORH to FLL: FLL to ORH:
Depart – Arrive Depart – Arrive
4:25 p.m. – 7:39 p.m. 7:32 p.m. – 10:30 p.m.

JetBlue’s schedule between Worcester (ORH) and Orlando (MCO) effective November 7, 2013*:

ORH to MCO: MCO to ORH:
Depart – Arrive Depart – Arrive
7:30 a.m. – 10:33 a.m. 1:00 p.m. – 3:38 p.m.

*= First flight from Orlando to Worcester is scheduled for November 7, 2013. First flight from Worcester to Orlando is scheduled for November 8.

Copyright Photo: Brian McDonough/AirlinersGallery.com. Embraer ERJ 190-100 IGW N353JB (msn 19000576) (Barcode) banks on its final approach into Reagan National Airport in Washington.

JetBlue Airways: AG Slide Show

Republic Airways Holdings reports on its third quarter performance, will stop operating Embraer 190s for Frontier

Republic Airways Holdings Inc. (Indianapolis) reported diluted earnings per share from continuing operations for the third quarter of 2013 of $0.09 as compared to $0.13 for the same period in the prior year. During the third quarter of 2013, the company recorded a non-cash impairment charge of $21.2 million, $13.0 million after-tax or $0.25 per diluted share, to reduce the carrying value of seven owned Embraer ERJ 190 aircraft and write-off the maintenance deposits on three leased ERJ 190 aircraft. Income from continuing operations was $4.3 million compared to $6.3 million for the same period last year. Excluding the ERJ 190 impairment charge, pre-tax income from continuing operations was $26.6 million, resulting in an adjusted pre-tax margin from continuing operations of 7.9%. Operating revenues totaled $338.6 million, an increase of 0.4%, compared to $337.4 million for the third quarter of 2012.

The company classified its Frontier business as discontinued operations due to the expected sale during the fourth quarter of 2013. Unless otherwise specified, all financial information disclosed in this release is from continuing operations.

On October 1, 2013, the company reported that it had agreed to sell its Frontier business to an affiliate of Indigo Partners LLC (Indigo). Indigo will acquire all the outstanding shares of Frontier Airlines Holdings, Inc. As part of the transaction, under a separate agreement, Republic will assign to Frontier all of Republic’s rights under agreements relating to the Republic’s Airbus A320neo order. The transaction is subject to receipt of certain third-party consents and releases and other customary closing conditions.

On November 6, 2013, Indigo informed the company that it had satisfied or waived certain key conditions to close under the transaction. The company expects the transaction to close later this month.

For additional information on the divestiture of Frontier, please see the company’s separate news release dated October 1, 2013 and a separate filing with the U.S. Securities and Exchange Commission on Form 8-K filed on October 7, 2013.

“The sale of Frontier will allow our management team to re-focus on our core business,” said Republic Airways Chairman, President and Chief Executive Officer Bryan Bedford. “We continue to be excited about the growth opportunities for our fixed-fee business and are focused on providing safe, reliable and low-cost solutions to each of our airline partner brands, including American Eagle, Delta Connection, United Express and US Airways Express,” said Bedford.

Third Quarter Review

Operating Revenue Highlights

Total operating revenues increased $1.2 million, or 0.4%, from the third quarter of 2012 to $338.6 million in the third quarter of 2013. Fixed-fee service revenue increased $51.6 million, or 19.2%, to $320.3 million due to an increase in Bombardier DHC-8-402 (Q400) flying with United Airlines, new fixed-fee ERJ 190 charter flying and new ERJ 175 flying with American Airlines. Passenger service revenue decreased $50.5 million due to a significant reduction in the number of ERJ 190 aircraft operating under our pro-rate agreement with Frontier.

Operating Expense Highlights

Fuel costs for Republic decreased $14.1 million to $11.3 million for the quarter, due to a 4.7 million decrease in gallons consumed due to the reduced ERJ 190 pro-rate operations. The fuel cost per gallon, including into-plane taxes and fees, increased to $3.55 per gallon in the third quarter of 2013, compared to $3.21 per gallon in the prior year’s third 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.

Landing fees and airport rents decreased $6.6 million to $7.9 million for the quarter. Beginning in June 2013, landing fee expense and the related pass-through reimbursement revenue were lower due to United paying airports directly for its associated landing fee costs.

At September 30, 2013, the company had a fleet of ten ERJ 190 aircraft, of which three were leased and seven were owned. Five of the aircraft operate within the fixed-fee charter agreement and the remainder were operating under the pro-rate agreement with Frontier. The company is working to sell, sublease or otherwise place into fixed-fee charter service the five aircraft operating in pro-rate service. During the third quarter of 2013, we recorded a non-cash impairment charge of $21.2 million to reduce the carrying value of our owned E190 aircraft and expensed the deferred maintenance deposits on the leased ERJ 190 aircraft.

Discontinued Operations

Income from discontinued operations, net of tax, increased 52.8% from $19.5 million in the third quarter of 2012 to $29.8 million in this quarter. The improvement is primarily due to Frontier TRASM increasing 6.6% over the prior period and lower fuel costs. The loss on disposal of discontinued operations, net of tax, is currently estimated to be $47.9 million. This estimate will adjust in future periods based on the actual results of the discontinued operations and the closing date of the transaction.

Fleet Highlights

As of September 30, 2013, Republic operated a fleet of 235 aircraft. Within our fixed-fee commercial and charter agreements, we operated 68 aircraft with 44-50 seats and 162 aircraft with 69-99 seats. In addition, we 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 third quarter of 2012.

During the quarter the company took delivery of nine ERJ 175 aircraft operating under its American Airlines capacity purchase agreement and expects to take delivery of an additional ten ERJ 175 aircraft by the end of 2013.

Balance Sheet and Liquidity

The company’s total cash balance decreased $6.3 million to $224.1 million as of September 30, 2013, compared to December 31, 2012. Restricted cash increased $12.6 million, to $32.2 million, from December 31, 2012 due to the escrow requirements under our fixed-fee charter agreements. The Company’s unrestricted cash balance decreased $18.9 million, to $191.9 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 increased to $2.00 billion as of September 30, 2013, compared to $1.97 billion at December 31, 2012, primarily related to the financing of ERJ 175 aircraft for the American Airlines fixed-fee agreement. As of September 30, 2013, approximately 95% of our 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 $0.5 billion and $0.6 billion as of September 30, 2013, and December 31, 2012, respectively.

At September 30, 2013 the company had assets held for sale of $594.8 million and liabilities held for sale of $517.8 million. The $77.0 million of value in net assets held for sale represents the estimated cash proceeds from the sale of Frontier. These amounts will adjust in future periods based on the actual results of discontinued operations and the closing date of the transaction.

Copyright Photo: TMK Photography/AirlinersGallery.com. Republic Airlines (2nd) is now only operating five 99-seat Embraer ERJ 190s for Frontier Airlines (down from 17) under the pro-rate agreement. Once the sale of Frontier to Indigo is completed, Republic will relocate these five aircraft to other areas. Frontier will only operate Airbus aircraft under Indigo. The pictured Republic Airlines (2nd) Embraer ERJ 190-100 IGW N164HQ (msn 19000275) with a Hummingbird on the tail taxies at Toronto (Pearson).

Frontier Airlines-Republic Airlines (2nd): AG Slide Show

FlyNonstop ends operations and files for bankruptcy

FlyNonstop (Kristiansand) suddenly stopped flying yesterday (October 29) and declared bankruptcy. The short-lived airline only commenced operations on April 25, 2013.

The airline issued this statement:

We regret to announce that of today (October 29) we have sent a petition for bankruptcy of FlyNonstop AS. This means that all our flights as of Tuesday, 10/29/2013 at 06:00 have been cancelled.

All customers must now contact their credit card company / bank with ticket reference and payment receipt to get their ticket costs refunded.

We are now contacting our customers via email and SMS to provide advice and guidance on how to deal with rebooking / purchase of new tickets for their journey.

With the help of SAS we have been able to provide our customers (with a ticket reference from FlyNonstop) the opportunity to purchase new tickets at a special adjusted price from SAS, provided that there are available seats on the desired travel date and destination. SAS have many frequencies, large network and flies to all our destinations. The possibility that the majority of our customers will find a suitable ticket alternative to the original itinerary will be very good.

SAS will handle all requests and aim for a special price for all FlyNonstop customers. Please call:

Phone: +47 915 05 400,

or locally to Kjevik Airport in Kristiansand on

Phone: +47 957 19 478

The Company (SAS) is not responsible for the tickets already purchased from FlyNonstop, or any other obligations in the light of FlyNonstop’s cancellations.

We will once again lament the burden placed on you, the passengers, but unfortunately we at FlyNonstop could no longer be able to meet the company’s obligations. We therefore realize that we had to close down the operation.

This is a sad day for you, our customers, and for us at FlyNonstop.

Note: Please click on the FlyNonstop category (below right column) for all previous news entries and stories about the carrier.

Copyright Photo: Javier Rodriguez/AirlinersGallery.com. FlyNonstop did not have much leverage. With the winter season coming on, revenues were down and the single Embraer ERJ 190-100LR (PH-FNS) (man 19000616) was operated by Denim Air for FlyNonstop. PH-FNS is pictured pushing back at Palma de Mallorca, a frequent destination for the carrier.

FlyNonstop: AG Slide Show

JetBlue adjusts its fleet plans to larger planes, reports a 3Q net profit of $71 million

JetBlue Airways Corporation (JetBlue Airways) (New York) today announced plans to optimize its fleet, including:

  • Deferral of 24 Embraer ERJ 190 aircraft from 2014-2018 to 2020-2022, reducing capital expenditures over the near term.
  • Conversion of 18 Airbus A320 positions to A321s, better matching capacity with growing network demand in key markets while reducing unit costs.
  • An incremental order for 15 A321ceo and 20 A321neo aircraft, providing increased fleet flexibility and offering up to 15 percent in fuel burn savings.
  • Sharklet retrofit of up to 110 Airbus A320s in current fleet beginning in 2015.

“We believe these fleet changes will provide increased ability to match capacity and demand throughout our network and reduce costs, leading to improved shareholder returns over the long term,” said JetBlue President and CEO Dave Barger.

As a result of the fleet adjustments noted above, JetBlue will optimize its Embraer ERJ 190 fleet to approximately 60 aircraft in the near term.

“While the E190 is critical to our continued success in Boston and San Juan, we are now at the point where our network growth calls for larger gauge aircraft,” Mr. Barger said.  “In addition to allowing us to more cost-effectively serve certain high density markets, we believe our fleet restructuring plan will allow us to accelerate attractive growth opportunities at Fort Lauderdale/Hollywood International Airport.”

JetBlue has converted 18 A320s to A321s.  The A321 is expected to have unit costs 10 to 15 percent lower than those of the A320 aircraft it will replace, driven in part by a 10 to 15 percent improvement in fuel consumption per seat. “With significant savings from increased fuel efficiency and better utilization of our airport slot portfolio in key markets, we believe these A321 aircraft will improve our company’s profitability,” Mr. Barger said.

The fleet changes announced today will enable JetBlue to add 15 incremental A321ceo aircraft to its fleet by 2017, while deferring 24 E190 aircraft.  “With today’s announcement, we are reducing our capital commitments through the next three years, which is consistent with our free cash flow and return on invested capital goals,” said JetBlue Chief Financial Officer Mark Powers.

In addition, JetBlue has placed an order for 20 A321neo aircraft for delivery beginning in 2018.  Fuel savings associated with the new engine option A320 family is forecast to be approximately 12 to 15 percent compared to the current engine option A320 family.

JetBlue expects to retrofit up to 110 Airbus A320s in its existing fleet with sharklets beginning in 2015.  Sharklets are expected to reduce fuel consumption by up to three percent.

Estimated Aircraft Delivery Schedule (2013-2022):

4Q13 14 15 16 17 18 19 20 21 22
A320ceo (former order) 3 8
A320ceo (current order) 3
A320ceo change (8)
A320neo (former order) 10 10 10 10
A320neo (current order) 5 9 16
A320neo change (5) (10) (1) 6
A321ceo (former order) 4 9 10 7
A321ceo (cur order)* 4 9 12 12 15 1
A321ceo change 2 5 15 1
A321neo (former order)
A321neo (cur order)** 9 15 6
A321neo change 9 15 6
E190 (former order) 1 1 7 8 5 3
E190 (current order) 1 10 7 7
E190 change (1) (7) (8) (5) (3) 10 7 7
Total fleet change (1) (5) (3) 2 2 5 15 13 7

*   JetBlue converted 8 A320ceo positions to A321ceo positions including 7 in 2017 and 1 in 2018
**  JetBlue converted 10 A320neo positions to A321neo positions including 5 in 2018 and 5 in 2019

On the financial side, the company issued this report:

JetBlue Airways Corporation today reported its results for the third quarter 2013:

  • Operating income for the quarter was $152 million, resulting in a 10.5% operating margin.  This compares to operating income of $113 million and an 8.6% operating margin in the third quarter of 2012.
  • Pre-tax income for the quarter was $119 million.  This compares to pre-tax income of $73 million in the third quarter of 2012.
  • Net income for the third quarter was $71 million, or $0.21 per diluted share.  This compares to JetBlue’s third quarter 2012 net income of $45 million, or $0.14 per diluted share.

“We are pleased to report our highest ever quarterly earnings and our fourteenth consecutive quarter of profitability,” said Dave Barger, JetBlue’s CEO.  “These results reflect the success of our network strategy in high value geography and our focus on offering customers a differentiated product while maintaining competitive costs.  I would like to thank our 15,000 crewmembers for their hard work and continued dedication to serving our 30 million customers.”

Operational Performance

JetBlue reported record third quarter operating revenues of $1.4 billion.  Revenue passenger miles for the third quarter increased 5.4% to 9.56 billion on a capacity increase of 5.1%, resulting in a third quarter load factor of 85.0%, an increase of 0.2 points year over year.

Yield per passenger mile in the third quarter was 13.83 cents, up 5.1% compared to the third quarter of 2012.  Passenger revenue per available seat mile (PRASM) for the third quarter 2013 increased 5.4% year over year to 11.75 cents and operating revenue per available seat mile (RASM) increased 5.0% year over year to 12.82 cents.

“Our record revenue results demonstrate the strength of our network in our hometown of New York and throughout the rest of our core network,” said Robin Hayes, JetBlue’s Chief Commercial Officer. “We are also very pleased with the success of our focused growth strategy in Boston, Fort Lauderdale and the Caribbean & Latin America. The combination of our strong brand and unique JetBlue Experience once again allowed JetBlue to generate a revenue premium versus our competitors in many of our key markets.”

Operating expenses for the quarter increased 8.1%, or $95 million, over the prior year period.  JetBlue’s operating expense per available seat mile (CASM) for the third quarter increased 2.8% year over year to 11.47 cents.  Excluding fuel and profit sharing, CASM increased 4.9% to 6.95 cents.

Fuel Expense and Hedging

JetBlue continued to hedge fuel to manage price volatility.  During the third quarter JetBlue hedged approximately 29% of its fuel consumption and managed approximately 14% of its fuel consumption using fixed forward price agreements (FFPs), resulting in a realized fuel price of $3.14 per gallon, a 1.1% decrease over third quarter 2012 realized fuel price of $3.17.  JetBlue recorded $3 million in losses on fuel hedges that settled during the third quarter.

JetBlue has managed approximately 39% of its fourth quarter projected fuel requirements using a combination of FFPs, collars, swaps and call options.  Based on the fuel curve as of October 24th, JetBlue expects an average price per gallon of fuel, including the impact of hedges, FFPs and fuel taxes, of $3.03 in the fourth quarter.

Balance Sheet Update

JetBlue ended the third quarter with approximately $954 million in unrestricted cash and short term investments.  In addition, JetBlue maintains a $200 million line of credit and a revolving credit facility for up to $350 million.

“We remain focused on strengthening the balance sheet,” said Mark Powers, JetBlue’s Chief Financial Officer.  “We believe strong cash from operations will allow us to continue to grow sustainably as we increase our asset base and continue paying down debt, enhancing long term shareholder value.”

Fourth Quarter and Full Year Outlook

For the fourth quarter of 2013, CASM is expected to be between negative 1.0% and positive 1.0% compared to the year-ago period.  Excluding fuel and profit sharing, CASM in the fourth quarter is expected to be between negative 0.5% and positive 1.5% year over year.

CASM for the full year is expected to increase between 1.0% and 3.0% over full year 2012.  Excluding fuel and profit sharing, CASM in 2013 is expected to increase between 2.5% and 4.5% year over year.

Capacity is expected to increase between 7.0% and 9.0% in the fourth quarter and to increase between 5.5% and 7.5% for the full year.

Copyright Photo: Stephen Tornblom/AirlinersGallery.com. JetBlue is now capping its Embraer ERJ 190 at around 60 aircraft. ERJ 190-100 IGW N203JB (man 19000023) in the Bubbles tail motif climbs away from the runway at the New York (JFK) hub.

JetBlue Airways: AG Slide Show

JetBlue to add Detroit and Detroit-Boston service

JetBlue Airways (New York) has announced that Detroit will become its 85th destination in the Americas, with new nonstop flights to Boston Logan Airport beginning on March 10, 2014. Detroit becomes JetBlue’s 51st nonstop destination from Boston and the newest business market served.

JetBlue will serve the Boston-Detroit route three times daily, operated with its 100-seat Embraer 190 aircraft.

JetBlue’s schedule between Boston (BOS) and Detroit (DTW):

BOS to DTW: DTW to BOS:
Depart – Arrive Depart – Arrive
7:30 a.m. – 9:49 a.m.

4:00 p.m. – 6:17 p.m.

7:35 p.m. – 9:52 p.m.

6:30 a.m. – 8:16 a.m.

10:30 a.m. – 12:16 p.m.

6:55 p.m. – 8:43 p.m.

– First flight operates daily beginning March 10, 2014 –

 

Copyright Photo: Brian McDonough/AirlinersGallery.com. Embraer ERJ 190-100 IGW N306JB (msn 19000272) in the Harlequin tail design banks on the final “River Approach” at Washington’s Reagan National Airport.

JetBlue Airways: AG Slide Show

FlyNonstop to fly from Bodø, Norway to London City Airport

FlyNonstop (Kristiansand) has announced it will add a new route from Bodø, Norway to London (City Airport) starting on October 28. The new route will be operated weekly. This will be the first international route from Bodø and is away from FlyNonstop’s base of Kristiansand in southern Norway.

Bodø is located just north of the Arctic Circle and is the largest city in Nordland County and also is the second largest city in northern Norway.

Copyright Photo: Ton Jochems/AirlinersGallery.com. Operated by Denim Air, Embraer ERJ 190-100LR PH-FNS (msn 19000616) taxies past the camera at Palma de Mallorca.

FlyNonstop: AG Slide Show

Route Map:

FlyNonstop 8:2013 Route Map