Tag Archives: ERJ 170-100LR

Estonian Air starts flying for Austrian Airlines

Estonian Air (Talinn) has started operating an Embraer ERJ 170 for Austrian Airlines (Vienna) for the summer season. The airline has issued this statement:

Estonian Air logo-1

Estonian Air has started cooperation with Austrian Airlines under the wet lease agreement. According to the agreement Estonian Air offers one of its Embraer 170 along with pilots and cabin crew to serve primarily Eastern European route network of Austrian Airlines from June to October 2015.

Being a cost-effective organization and operating with regional aircraft Estonian Air has been acting as a capacity provider to several major airlines. “We are happy to start cooperation with Austrian Airlines and looking forward to have a fruitful partnership for both sides also in the future. Thanks to our dedicated and flexible organisation we are able to provide high quality services at short notice,” said Indrek Randveer, CCO of Estonian Air.

Copyright Photo: Stefan Sjogren/AirlinersGallery.com. Embraer ERJ 170-100LR ES-AED (msn 17000112) approaches the runway at Stockholm (Arlanda).

Estonian Air aircraft slide show: AG Airline Slide Show

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Air France unveils its updated plans for a bigger HOP!

Air France (Paris) is expanding the role for its HOP! regional subsidiary. HOP! Air France will take over the operation of Air France’s domestic services from the Paris Orly hub to Bordeaux, Marseilles, Nice and Toulouse.

Hop! logo-1

Air France has issued this statement:

Air France logo

Air France at Lyon presented HOP! Air France, its short-haul activity, bringing together since March 29 the entire route network on departure from Paris-Orly, including La Navette flights, routes on departure from the French regions, inter-regional routes and to Europe.

This new organization is supported by a new unique and competitive commercial offer on the short-haul network, with tickets on sale since March 24, 2015.

With regular frequencies and adapted flight times, HOP! Air France aims to meet the expectations of both business travellers and leisure and VFR (Visit Friends and relatives) customers, i.e., travelling to see family and friends, who live and work in different regions, with holiday homes, etc.

HOP! Air France operates the leading European domestic network, with over 600 flights a day, a very extensive domestic network, with around one hundred aircraft offering a seating capacity of 48 to 212 seats. More than 8,500 Company staff (ground agents, pilots, flight attendants) are at the service of customers, across France.

A RETURN TO PROFIT IN 2017

This new offer within the Air France Group, should allow to generate new synergies and contribute to reducing unit costs. With this new activity, the Air France Group plans to implement the conditions for a return to profitability in 2017.

THE ASSOCIATION OF TWO BRANDS TO SIMPLIFY THE AIR FRANCE GROUP’S SHORT-HAUL OFFER

HOP! will be the main commercial brand for the customer. It symbolizes the values of proximity, simplicity and accessibility on short routes. Backed by the Air France brand, synonymous with a powerful network and a reassuring, trustworthy and quality brand, HOP! Air France proposes a new coherent offer that adapts to all the mobility needs of its customers.

Alexandre de Juniac, Chairman and CEO of the Air France-KLM Group, stated: “In France and Europe, Air France-KLM aims to offer its customers a solution for all their travel needs, both business and leisure. Our four brands Air France, KLM, HOP! and Transavia are thus developing complementary and competitive offers. This diversification, in which HOP! Air France rightly has its place for short distance travel, represents a considerable asset in addressing our customers’ needs to get about quickly and easily”.

Frédéric Gagey, Chairman and CEO of Air France, stated: “The time has come for the Air France Group to gain market share on the short-haul market. Competition is fierce with trains, and more recently coach travel and the car-pooling trend. An extensive network in France, a strong commercial presence on this market and a simpler and more reactive organization will enable HOP! Air France to establish itself as the reference on the French domestic network, Europe’s leading network”.

Lionel Guérin, Chief Operating Officer HOP! Air France, added: “The strength of HOP! Air France is the ability to offer all its customers frequent, rapid and direct flights at attractive and competitive fares, while contributing to the economic and tourist development of the regions served. The HOP! brand, backed by the Air France brand, also benefits from the expertise and professionalism of more than 8,500 employees united under a single banner committed to winning back short-haul customers in France”.

HOP! AIR FRANCE IN FIGURES

• 600 daily flights to 50 airports served
• 96 aircraft with between 48 and 212 seats
• Fares starting at €49* including tax one-way
• 13 million passengers carried each year
• 130 routes in summer 2015
• 4 Navette shuttle flights on departure from Paris-Orly: Bordeaux, Marseille, Nice and Toulouse
• 2 main hubs in France: Lyon (27 routes) and Paris-Orly (20 routes)
• More than 8,500 employees at the service of our customers, both on the ground and on board

On departure form Lyon:

• 27 destinations: 19 in France and 8 in Europe
• 2.8 million passengers carried in 2014

Copyright Photo: Paul Bannwarth/AirlinersGallery.com. Embraer ERJ 170-100LR F-HBXL (msn 17000009) lands at EuroAirport.

HOP! aircraft slide show: AG Airline Slide Show

AG Prints-6 Sizes

 

Estonian Air’s loss for the first nine months widens to $7.9 million

Estonian Air (Talinn) reported a deepening loss of $7.9 million for first nine months of 2014 due to increased competition.

The company issued this full report:

The total revenue of Estonian Air was 52.2 million and loss 6.4 million euros ($7.9 million) in nine months. Last year the revenue was 55.4 million, and the loss 6 million euros ($7.4 million) in the same period.

“The results of the third quarter were below our earlier forecasts. Although we have increased the number of passengers, added flights to several existing routes and opened new destinations, at the same time the pressure on ticket prices has increased remarkably. Intensified competition on the aviation market and continuous unstable situation on our Eastern market has significant impact on our financial results,” commented Jan Palmér, the CEO of Estonian Air.

In the third quarter 2014, the revenue was 19.3 million and the net loss 1.4 million euros.

Within the third quarter Estonian Air carried altogether 161 000 passengers, out of which 152 000 on regular flights. In nine months Estonian Air carried 403 000 passengers which is 5 per cent less than the same period last year.

Estonian Air has increased its share on Tallinn based charter market. In addition, Estonian Air has signed charter agreements with several Estonian travel agencies to operate during the winter and summer flight period which will help the company to utilise the free capacity of the aircraft more efficiently.

The Council of Estonian Air approved the modified restructuring plan to be submitted to the European Commission by the end of October this year. Upon approval of the restructuring plan Infortar Group will invest into the company, which is anticipated in Spring 2015. The changes in the ownership structure must be approved beforehand by the Government of Estonia.

Estonian Air, Estonia’s national carrier, is the biggest operator at Tallinn Airport. The airline flies regular routes to Stockholm (Arlanda and Bromma), Copenhagen, Amsterdam, Brussels, Oslo, Moscow, Munich, St Petersburg, Kiev, Vilnius and Trondheim. In addition, from December 2014 to March 2015, Estonian Air will add seasonal flights to Munich and from April to November 2015 to Milan.

Copyright Photo: Stefan Sjogren/AirlinersGallery.com. Embraer ERJ 170-100LR ES-AEA (msn 17000093) arrives in Stockholm (Arlanda).

Estonian Air aircraft slide show: AG Slide Show

Estonian Air narrows its first half loss to $6.6 million

Estonian Air (Tallinn) reported a first half net loss of €5 million ($6.6 million), down from a net loss of €6.1 million ($8.0 million) in the same period a year ago.

The airline issued this full financial statement:

Despite tougher competition Estonian Air improved its half year net result by 18%. In the first half of 2014, Estonian Air’s revenue amounted to EUR 32.9 million, which is 8% less compared to the same period last year but net result of the company improved by 18%, which amounted to EUR 5.0 million loss.

During the first six months, Estonian Air carried 260 thousand passengers, of which 251 thousand on regular flights. This is 8% less than in the same period last year but less than the decrease in roundtrips (10%) in the same period 2013.

“The result of the second quarter is on the same level as in the same period last year, but nevertheless we expected to see more positive results,” said Jan Palmér, CEO of Estonian Air. “During the second quarter Estonian Air has continued to perform in line with the restructuring plan, but in addition we must now intensify measures in response to harsher market. Competition in Tallinn airport has become tougher as new carriers have entered the market and we have been influenced by continuing uncertain situation in Ukraine resulting in lower passenger volumes on Kiev route and lower transit passengers volumes flying from Europe to Russia,” continued Palmér.

The pressure on airlines’ yield has increased in the whole Europe, forcing airlines to adapt to the changing market conditions. “In the first half of the year, the total number of passengers fell slightly behind our forecast. This is mainly due to less number of operated flights compared to last year, which is due to demanding market situation. However, in June and July we have seen the passenger volumes coming back. Positively surprising high demand for our summer offers and two more summer destinations helped us to turn the number of passengers into growth again,” added Palmer.

In addition to direct flights, Estonian Air is providing more than 280 destinations around the world together with partner airlines with minimum connecting time. For instance, Stockholm, Copenhagen and Amsterdam airports act as important hubs for connecting flights around the whole world.

Estonian Air, Estonia’s national carrier, is the biggest operator at Tallinn Airport. The airline flies regular routes to Stockholm, Copenhagen, Amsterdam, Brussels, Oslo, Moscow, Munich, St Petersburg, Kiev, Vilnius, Trondheim and Bromma. In addition, from May to September, Estonian Air will fly to Nice and Split, from June to August to Paris and from June to 1st of November to Berlin. From December 2014 to March 2015, Estonian Air will add seasonal flights to Munich.

Copyright Photo: OSDU/AirlinersGallery.com. Embraer ERJ 170-100LR ES-AEA (msn 17000093) arrives in Moscow (Sheremetyevo).

Estonian Air: AG Slide Show

Estonian Air reduces its loss by 83% in 2013 to $11 million

Estonian Air (Tallinn) is in the process of turning around its financial future through a restructuring plan. The company reported its net loss was reduced by 83 percent to $11 million for 2013.

The company issued this financial statement:

The results are in line with restructuring plan which is reflected by the positive operating result of 7.4 million euros. Estonian Air’s core business turned profitable in the second and third quarter, and in 2013 the airline managed to post its first positive monthly result in over three years. For the full year, the airline’s operating loss amounted to 4.2 million euros.

In 2013, the sales revenue of Estonian Air was 72.3 million euros. The company’s gross profit was 7.4 million euros and net loss 8.1 million euros ($11 million).

Compared to 2012, the sales revenue was 21% less. The gross profit increased by 147% and net loss was reduced by 83%. The loss of the airline in 2012 was 49.2 million euros.

“Estonian Air is in a much better position today than it was on November 1, 2012, when I took over as Chairman of the Management Board and CEO of Estonian Air. My mandate was to restructure the airline to sustainable operations. The airline has taken all the planned steps to reach that goal,” said Jan Palmér, the CEO of Estonian Air.

“The European Commission’s investigations into prior instances of state aid as well as the airline’s Restructuring Plan are ongoing. Together with our shareholder representatives, we are working to ensure that the decision expected in the near-term future will be positive,“ added Palmér.

According to Mr. Palmér, Estonian Air has downsized its operations to develop the airline into an efficient regional player focused on the Nordic and emerging nearest neighboring markets. “We have reduced the network to ten core destinations which is served with five aircraft, and turned the service concept to a regional model during the restructuring process,“ explained Palmér.

The total number of Estonian Air’s passengers in 2013 was 551 169, which is 37.9% less than in 2012. With the excess aircraft the airline increased its number of charter flights almost five times from 44 to 209.

Copyright Photo: Stefan Sjogren/AirlinersGallery.com. Estonian Air downsized to a regional carrier as part of its restructuring plan. The fleet is now centered around three Bombardier CRJ900s and four Embraer 170s leased from Finnair. ERJ 170-100LR ES-AED (17000112) arrives in Stockholm (Arlanda).

Estonian Air:

 

Air Lituanica to add seasonal service to Gothenburg and Malmo, Sweden

Air Lithuanica (Vilnius) will add seasonal twice-weekly flights to Gothenburg (Göteborg) starting on June 15. In addition, Malmö, the third largest city in Sweden, will be swerved twice-weekly from June 17.

The airline will also offer seasonal service to Billund, Denmark, three days a week, from June 16 through August 28.

Copyright Photo: TMK Photography/AirlinersGallery.com.

Air Lithuanica: AG Slide Show

Air Lituanica expands operations for the summer season

Air Lituanica (Vilnius) launched flights to Tallinn on March 12. The number of flights on the Prague route will be increased to 5 times a week, on business days. The flights to Munich will be increased to 4 flights per week; passengers will also have a chance to take a flight on Sundays. The number of flights to Berlin increases to 6 times per week; flights will be operated on a daily basis, excluding Saturdays.
On May 3 the carrier increased the number of flights to Charles de Gaulle Airport in Paris to 5 times a week.

Air Lituanica also flies to Brussels on a daily basis, excluding Saturdays.

Air Lituanica on March 5 added additional flights to Berlin (Tegel) and Prague on March 15.

Copyright Photo: Karl Cornil/AirlinersGallery.com. Operated by Estonian Air, Embraer ERJ 170-100LR ES-AEB (msn 17000106) has been replaced with an ERJ 175.

Air Lituanica: AG Slide Show

Air Lituanica logo

Route Map:

Air Lituanica 3.2014 Route Map