Tag Archives: GXLEA

International Airlines Group loses $43.7 million in the first half, British Airways brings the new Airbus A380 to Frankfurt

British Airways (London) brought its new Airbus A380 to Frankfurt (above) on August 2 as the flag carrier continues to test out the new type on its short haul European routes before it is introduced on longer international routes.

In other news, parent International Airline Group (IAG) lost $43.7 million in the first half of 2013. However IAG had a good second quarter as it managed to cut losses at Iberia in the second quarter to $39.7 million. IAG has cut 1,700 jobs at Iberia (Madrid) and plans to cut another 1,700 by 2015.

IAG issued this financial statement:

International Consolidated Airlines Group (IAG) presented Group consolidated results for the six months to June 30, 2013.

IAG period highlights on results:

Second quarter operating profit €245 million (2012: loss €4 million) before exceptional items, based on strong passenger unit revenues and non-fuel unit cost improvements
Before Vueling at constant currency, second quarter passenger unit revenue up 4.8 per cent and non-fuel unit costs down 0.2 per cent
Operating loss for the half year €33 million (2012: loss €253 million) before exceptional items
Revenue for the half year up 2.1 per cent to €8,707 million including 1.7 per cent adverse currency impact
Passenger unit revenue for the half year up 2.8 per cent (4.6 per cent at constant currency), on capacity increase of 1.2 per cent
Fuel costs for the half year down 3.7 per cent to €2,864 million (2012: €2,973 million). Fuel unit costs down 4.7 per cent at constant currency
Non-fuel costs before exceptional items for the half year up 1.1 per cent at €5,876 million. Non-fuel unit costs down 0.2 per cent, up 0.9 per cent at constant currency
Cash €3,627 million at June 30, 2013, up €718 million including €549 million of Vueling cash
Adjusted gearing up 3 points to 54 per cent including Vueling

Willie Walsh also stated subsidiary Vueling Airlines (Barcelona) would be expanding again and would be taking on a larger role in intra-European routes. Higher-cost Iberia will be reducing its presence in Europe.

Copyright Photo: Bernhard Ross/AirlinersGallery.com. British Airways’ Airbus A380-841 G-XLEA (msn 095) taxies to the gate at Frankfurt.

British Airways:

Video: British Airways has introduced this new “A Ticket to Visit Mum” video for the Indian market:

British Airways’ first Airbus A380 arrives at London Heathrow today

British Airways (London) has issued this statement about the delivery of its first Airbus A380.

Super-jumbo aviation arrives in the UK today with the delivery to Heathrow of British Airways’ first A380.

The airline is the first UK carrier to take delivery of the double-decker, which is the world’s largest commercial jet. British Airways is also the first airline in Europe to operate both the A380 and the Boeing 787 Dreamliner, the first two of which landed at Heathrow last week.

The airline announced today that the very first long-haul flight on the A380 to Los Angeles will be on September 24, 2013 with prices starting from £621 return, and the first to Hong Kong will be on October 22 with prices from £688 return.

British Airways’ A380s will accommodate 469 customers across four cabins. Customers in First will be seated at the front of the main deck. The cabin will offer 14 seats and is evolved from the current First class with 30 per cent more personal space and 60 per cent more personal stowage.

Club World (business class) customers can choose from 44 seats on the main deck, or 53 seats on the upper deck. These upper deck seats will feature a new 2:3:2 configuration across the cabin. The 55 World Traveller Plus (premier economy) seats will be located on the upper deck while World Traveller (economy) customers can choose seats on both the main and upper deck. Customers travelling in both World Traveller and World Traveller Plus will be able to enjoy the new cabins and seats that have proved so popular on our 777-300 ER fleet.

The aircraft’s innovative design makes it much quieter during take-off and landing and 16 per cent more fuel efficient than a Boeing 747. British Airways has ordered 12 A380s for delivery by 2016. Three will arrive this year followed by a further five in 2014.

Both aircraft types will now begin a complex ‘entry into service’ program, which will see pilot and cabin crew training taking place at Manston Airport in Kent, customer service trials at Heathrow and short-haul flying for both aircraft, including flights within the UK.

Copyright Photo: Olivier Gregoire/AirlinersGallery.com. The pictured A380-841 F-WWSK (msn 095) was delivered as G-XLEA today (July 4).

British Airways: