Tag Archives: Oneworld

Royal Air Maroc to join oneworld®

Royal Air Maroc's 50th Boeing 737

Royal Air Maroc will join oneworld®.

Its election as a oneworld member-designate was announced when the chief executives of the alliance’s 13 current member airlines, gathered in New York for their year-end Governing Board meeting. The announcement came just weeks before the alliance celebrates the 20th anniversary of its launch.

Royal Air Maroc is expected to become part of oneworld in mid-2020 when it will start flying alongside some of the biggest and best brands in the airline business. Its regional subsidiary, Royal Air Maroc Express, will join as a oneworld affiliate member at the same time.

Royal Air Maroc

Royal Air Maroc

As part of the alliance, Royal Air Maroc will offer the full range of oneworld customer services and benefits; more than 1 million members of the airline’s Safar Flyer loyalty program will be able to earn and redeem rewards on all oneworld member airlines and with its top-tier members able to use the alliance’s more than 650 airport lounges worldwide.

While Southern Africa’s Comair, which flies as a franchisee of British Airways, has been a oneworld affiliate member since the alliance launched in February 1999, Royal Air Maroc will be oneworld’s first full member from Africa — the only continent, apart from Antarctica, where the alliance hasn’t had a full member.

It will also be the alliance’s first new full-member airline signed since 2012, although Fiji Airways links to the alliance starting today as the first partner of oneworld connect, the first new membership platform since the alliance was established.

Today, Royal Air Maroc is the largest unaligned carrier in Africa, with a transformational strategy well underway to develop it quickly into a global airline and the continent’s leader in terms of both size and quality.

Royal Air Maroc carried 7.3 million passengers last year on a fleet of 55 aircraft. The airline’s network currently connects its Mohammed V International Airport (CMN) base in Casablanca, Morocco, with 94 destinations in 49 countries across Africa, Europe, the Middle East, and North and South America, including oneworld hubs Hamad International Airport in Doha, Qatar (DOH); Heathrow Airport in London (LHR); Madrid-Barajas Adolfo Suarez Airport in Spain (MAD); Moscow Domodedovo Airport (DME); John F. Kennedy International Airport in New York (JFK) and Sao Paulo International Airport in Brazil (GRU).

The airline’s schedule will add 34 new destinations and 21 countries to the oneworld map, taking the alliance’s network to 1,069 airports in 178 countries and territories.

Under Royal Air Maroc’s ambitious five-year strategy, it plans to expand its fleet significantly, carrying 13 million customers a year across a global network serving 121 destinations in 68 countries. This will add another 15 destinations and nine countries to the alliance network, giving the alliance a total of 1,084 destinations in 187 countries and territories.

Three established oneworld member airlines — British Airways, Iberia and Qatar Airways — currently serve three destinations in Morocco between them: CMN, Marrakesh Menara Airport (RAK) and Tangier Ibn Battouta Airport (TNG).

Royal Air Maroc CEO Abdelhamid Addou said, “Royal Air Maroc is excited and honored to have been invited to become oneworld’s wings of Africa. We look forward to completing our flight on board speedily and smoothly so that we can offer the services and benefits of the world’s best airline alliance to our customers and across our own network as soon as possible. We will be flying alongside the finest collection of air carriers in the skies, while at the same time making it easier for people all over the world to reach our historic and beautiful part of the world. This undoubtedly represents one of the most significant landmarks in our airline’s 60-year history and on our journey to establish Royal Air Maroc as the leading airline of Africa.”

Top Copyright Photo (all other images by the airline): Royal Air Maroc Boeing 737-8B6 WL CN-RGN (msn 33075) (50th Boeing 737) BRU (Karl Cornil). Image: 944645.

Royal Air Maroc aircraft slide show:

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Finnair to add three new leisure routes for next summer: Porto, Bologna and Bordeaux

Finnair Airbus A319-112 OH-LVD (msn 1352) (Oneworld) BRU (Ton Jochems). Image: 936986.

Finnair has made this announcement:

Further strengthening its summer holiday offering for leisure customers, Finnair will open three new routes to Bologna, Bordeaux and Porto for the peak summer season in 2019. In addition, capacity will also be added to popular summer destinations.

Finnair will fly up to three weekly flights to Bologna, Italy, between April 10 and October 18, 2019.

Finnair will fly up to two weekly flights to Bordeaux, France, between May 11 and September 14, 2019.

Finnair will fly two weekly flights to Porto, Portugal, between June 21 and August 12, 2019.

All three new routes will be operated with an Airbus A319 aircraft.

Finnair will also add capacity to some of its popular leisure destinations. During the peak summer season, an additional weekly frequency will be added to Alanya-Gazipasa, Palma de Mallorca, Split and Tel Aviv.

In addition, Finnair will also fly an additional triangle flight on Wednesdays between Helsinki, Ivalo and Kittilä from April 24 to October 23, 2019.

Top Copyright Photo (all others by Finnair): Finnair Airbus A319-112 OH-LVD (msn 1352) (Oneworld) BRU (Ton Jochems). Image: 936986.

Finnair aircraft slide show:

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Finnair continues its strong growth in Asia with additional frequencies for summer 2019

Finnair Airbus A350-941 OH-LWB (msn 019) (Oneworld) LHR (Keith Burton). Image: 939094.

Finnair has made this announcement:

Continuing its strong growth in key Asian markets, Finnair today announced it will be adding frequencies on many popular Asian routes for next summer, including double-daily flights to Hong Kong and additional flights to Japan.

Finnair will add flights on several of its Japanese routes, increasing its capacity to Japan by 15% for the summer season. Three weekly flights will be added on the Helsinki-Osaka route, meaning Finnair will now fly a total of ten weekly frequencies during the summer season starting on March 31, 2019. The new departures will now offer an alternative departure for customers with two daily frequencies on selected days. The added frequencies depart on Wednesdays, Fridays and Sundays from Helsinki, with departure times from Helsinki at 00:45.

Continuing on the success of the double-daily flights to Tokyo during the summer of 2018, Finnair will operate double-daily flights on the Tokyo route for the entire summer season in 2019 and will also add a third daily flight during Japan’s Golden Week holiday. With these changes, Finnair is increasing its capacity to Tokyo by 9% compared to the 2018 summer season.

In addition, Finnair is also adding capacity on the Nagoya route by flying the Airbus A350 from May 5th onwards.

Finnair operates all flights to Japan in cooperation with its joint business partners: Japan Airlines, British Airways and Iberia. Including the joint business flights with Japan Airlines, Finnair will now offer up to 41 weekly frequencies to Japan during the summer 2019 season.

Finnair will also significantly grow its presence in the Greater China area, with a 12% increase in overall capacity during the summer season, offering 42 weekly flights in total between Helsinki and Greater China.

Finnair will fly double-daily, or 14 weekly frequencies, to Hong Kong with the new Airbus A350 aircraft year-round as of 2019 summer season. Finnair is currently flying ten weekly flights during the 2018 summer season, and 12 weekly flights in the upcoming winter season.

Capacity will also be increased on the Guangzhou route as it will now be operated with a A350 aircraft. Finnair will fly four frequencies to Guangzhou during the 2019 summer season, increasing its capacity on the route by 16% compared to summer 2018.

Top Copyright Photo (all others by Finnair): Finnair Airbus A350-941 OH-LWB (msn 019) (Oneworld) LHR (Keith Burton). Image: 939094.

Finnair aircraft slide show:

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Finnair opens a new year-round route to Hanover for summer 2019 and increases capacity to Dubai for winter 2018-2019

Finnair Airbus A350-941 OH-LWB (msn 019) (Oneworld) LHR (Keith Burton). Image: 939094.

Finnair made this announcement:

Continuing with its growth in the German market, Finnair will be launching a new route to Hanover, Germany, next summer. The new route will start on April 29, 2019 with five weekly frequencies and will become a daily and year-round frequency as of June 1, 2019. Hanover is one of Northern Germany’s largest cities and hosts several important fair and trade events throughout the calendar year. Hanover will be Finnair’s seventh destination in Germany. Finnair flies year-round to Berlin, Dusseldorf, Frankfurt, Hamburg, Munich and Stuttgart.

Additional capacity is also being added for the 2019 summer season on some popular European routes. Finnair will add four weekly frequencies to Barcelona from the beginning of June until the end of the summer season. An additional frequency will be added to Reykjavik, making it a daily destination for the entire summer season. In addition, an additional daily frequency will be added to Warsaw on both Saturdays and Sundays.

Finnair is also adding capacity on its Helsinki-Dubai route for the upcoming winter 2018 season. One weekly frequency will be added which means Finnair will now fly seven weekly frequencies to Dubai. In addition, two of the weekly frequencies will now be operated with a A350, instead of a narrow-body aircraft.

Copyright Photo: Finnair Airbus A350-941 OH-LWB (msn 019) (Oneworld) LHR (Keith Burton). Image: 939094.

Finnair aircraft slide show:

American Airlines applauds ratification of U.S.-Brazil open skies agreement

American Airlines Boeing 777-223 ER N791AN (msn 30254) (Oneworld) AMS (Ton Jochems). Image: 941955.

American Airlines applauds the United States and Brazilian governments for finalizing an Open Skies agreement that will allow for increased air service between the two countries.

“We applaud the U.S. Departments of State and Transportation and the Brazilian Ministry of Transport for taking this important step to enhance the U.S.-Brazil aviation relationship,” said Nate Gatten, American’s senior vice president – Government Affairs. “We commend Secretary Pompeo, Secretary Chao and their teams for their leadership and commitment to finalizing this agreement. As the leading U.S. carrier in Latin America, American has long advocated for an Open Skies policy between the U.S. and Brazil. This agreement will strengthen economic ties between the U.S. and Brazil and deliver significant benefits for consumers.

U.S.-Brazil Open Skies will pave the way for the U.S. Department of Transportation to approve American’s proposed joint business with LATAM Airlines Group. The American-LATAM joint business, which was announced in January 2016, will cover all travel between the U.S. and Canada and Brazil, Chile, Colombia, Paraguay, Peru and Uruguay.

The joint business will give customers an improved route network with increased connectivity and capacity, access to lower fares, and a seamless travel experience between American and LATAM flights. The joint business previously received regulatory approval from Brazil in October 2017, Colombia in May 2017 and Uruguay in November 2016.

American has proudly served Brazil for 28 years and has more flights between the U.S. and Brazil than any other carrier. American has nearly 600 team members in Brazil and more than 70 weekly flights to Rio de Janeiro (GIG), Sao Paulo (GRU), Manaus (MAO), Belo Horizonte (CNF) and Brasilia (BSB) from American’s hubs in Miami (MIA), Dallas/Fort Worth (DFW), New York (JFK) and Los Angeles (LAX).

Copyright Photo: American Airlines Boeing 777-223 ER N791AN (msn 30254) (Oneworld) AMS (Ton Jochems). Image: 941955.

American Airlines aircraft slide show (Boeing):

S7 Airlines launches flights from St. Petersburg to Croatia

S7 Airlines (Siberia Airlines) Airbus A319-114 VP-BTN (msn 1126) (Oneworld) FRA (Bernhard Ross). Image: 921254.

S7 Airlines will launch scheduled flights from St. Petersburg to Pula, Croatia, starting on May 27, 2018.

Flights from Pulkovo Airport to Pula will be carried out on Sundays starting May 27, 2018. Flights will depart from St. Petersburg at 07:05 and arrive at Pula Airport at 09:15 local time. Return flights will depart at 10:10 and arrive at Pulkovo Airport at 14:20. The flights will be carried out on Airbus A319 aircraft.

Pula is the oldest Croatian city on the Adriatic coast where you can find one of the largest preserved amphitheatres of the Roman Empire, which is considered to be the city’s main attraction. If you go to Pula, you can also plan a visit to other fascinating Croatian cities in Istria, such as Rovinj, Poreč and Rijeka. Besides, here you can take a ferry to Italian Venice.

S7 Airlines is actively expanding the geography of flights from Pulkovo Airport to Western Europe. Direct scheduled flights of S7 Airlines from St. Petersburg to Alicante in Spain, Pisa in Italy and Scandinavian capitals — Copenhagen and Stockholm —will also be available in the summer season.

The Fleet:

Copyright Photo: S7 Airlines (Siberia Airlines) Airbus A319-114 VP-BTN (msn 1126) (Oneworld) FRA (Bernhard Ross). Image: 921254.

S7 Airlines aircraft slide show:

 

Finnair reports its 2017 financial results and outlook for 2018

Finnair Airbus A350-941 OH-LWB (msn 019) (Oneworld) LHR (SPA). Image: 934962.

Finnair issued its financial results for the fourth quarter and full-year 2017 and also issued its outlook for this year:

Q4 comparable operating result increased to 22.9 million euros and FY 2017 comparable operating result tripled to a record-high 170.4 million euros

Fourth Quarter – October–December 2017

  •  Revenue increased by 13.2% to 645.3 million euros (569.9)*.
  •  Available seat kilometres (ASK) grew by 17.2%.
  •  Comparable operating result was 22.9 million euros (1.6).
  •  Operating result was 23.5 million euros (18.2).
  •  Comparable EBITDAR** was 94.0 million euros (59.4).
  •  Net cash flow from operating activities was 92.6 million euros (30.5), and net cash flow from investing activities was -85.6 million euros (-264.7).***
  •  Unit revenue (RASK) decreased by 3.4%.
  •  Unit cost (CASK) decreased by 6.6%, and unit cost at constant currency excluding fuel decreased by 3.1%.
  •  Ancillary and retail revenue per passenger grew by 3.2% to 12.60 euros.
  •  Earnings per share were 0.11 euros (0.08).

Full Year 2017 – January–December 2017

  •  Revenue increased by 10.9% to 2,568.4 million euros (2,316.8)*.
  •  Available seat kilometres (ASK) grew by 8.9%.
  •  Comparable operating result was 170.4 million euros (55.2).
  •  Operating result was 224.8 million euros (116.2), including a sales gain on an A350 aircraft.
  •  Comparable EBITDAR** was 436.2 million euros (270.4).
  •  Net cash flow from operating activities was 382.3 million euros (219.7), and net cash flow from investing activities was -157.5 million euros (-499.6).***
  •  Unit revenue (RASK) increased by 1.8%.
  •  Unit cost (CASK) decreased by 2.6% and unit cost at constant currency excluding fuel increased by 0.3%.
  •  The 20-million euro cost-efficiency program was completed in full by the summer.
  •  Ancillary and retail revenue per passenger grew by 5.2% to 12.15 euros.
  •  Earnings per share were 1.23 euros (0.55).
  •  The Board of Directors proposes to the Annual General Meeting that a dividend of 0.30 euros per share be distributed for 2017.

*     Unless otherwise stated, comparisons and figures in parentheses refer to the comparison period, i.e. the same period last year.
**    Comparable operating result + depreciation + lease payments for aircraft.
***  Net cash flow from investing activities in Q4, includes 26.8 million euros of investments to money market funds or other financial assets maturing after more than three months. In 2017, these investments decreased in net terms by 82.9 million euros. These investments are part of the Group’s liquidity management.  

Outlook  

Global airline traffic is expected to grow strongly in 2018. Finnair expects increased competition as existing and new operators increase capacity, particularly on routes linking Europe with Asia and with North America.

Finnair plans on increasing its capacity by more than 15 per cent in 2018, with most of this growth coming in the first half of the year. Passenger volume is expected to grow broadly in line with capacity while revenue growth is expected to be slightly lower.

In line with its disclosure policy, Finnair will issue guidance on its full-year comparable operating result as part of its half-year report in July.

CEO Pekka Vauramo: 

The year 2017 was excellent for Finnair. The favourable business environment supported our growth together with the right capacity, route network and product decisions we made in recent years. We ended 2017 in the middle of the fastest growth phase in Finnair’s history and we plan to continue our transformation and growth also in 2018.

Towards the end of the year, our route network was expanded by four new long-haul destinations, namely Goa, Havana, Puerto Plata and Puerto Vallarta. At the same time, we increased our flight frequency to several Asian and European destinations. We also invested heavily in our routes to Northern Finland by increasing our capacity between Helsinki and Northern Finland by more than 20 per cent for the current winter season and by introducing direct flights to Lapland from London, Paris and Zürich. Lapland is again the number one European destination for our Chinese customers this winter. Passenger demand on our route network remained strong from October to December, and we achieved a new passenger record during the period by carrying nearly three million passengers. The favorable development continued also in ancillary revenue, cargo and travel services. Our comparable operating result for the fourth quarter was a record high 22.9 million euros.

In 2017, our revenue grew to 2,568 million euros and our comparable operating result more than tripled, reaching 170 million euros. While increasing our capacity by nearly 9 per cent, we also managed to increase our passenger load factor by 3.5 percentage points. Our customer satisfaction, measured by our Net Promoter Score, increased by 4 units to 47.

During the year, we also completed the first phase of our long-haul fleet renewal. We made significant investments in the development of digital solutions and services to enhance the customer experience and to improve processes and ways to work at Finnair. Other significant steps we took included the commissioning of the new Nordic Cargo COOL terminal and the launch of the new Finnair Holidays product. These moves enable us to deliver more personalized services to our customers and to facilitate further growth going forward. In travel services, Aurinkomatkat Suntours became the largest operator in terms of the number of customers in the Finnish market in 2017.

I am satisfied with the renewal efforts we made during the year. They have contributed to our growth and improved customer satisfaction. I am also pleased with our records in monthly passenger volumes and passenger load factors, as they indicate that our route network and product have developed in the right direction.

Everyone at Finnair has made an excellent contribution during this period of growth and transformation.

The turnaround we have achieved in our operations and financial performance is a shared accomplishment by everyone at Finnair. As a sign of gratitude for the transformation that has driven the company forward on the path of profitable growth, Finnair decided to reward Finnair’s employees with a one-time bonus announced in December. Throughout this period of growth, we have invested in the development and well-being of our employees. We will continue these efforts and our other development efforts in 2018 to support our continued strong growth.

Dividend policy and the Board’s proposal for the distribution of profit

The aim of Finnair’s dividend policy is to pay, on average, at least one-third of the earnings per share as a dividend during an economic cycle. The aim is to take into account the company’s earnings trend and outlook,

financial situation and capital needs in the distribution of dividends. In 2017, earnings per share was 1.23

euros (0.55).

Finnair Plc’s distributable equity amounted to 424,036,052.14 euros on December 31, 2017. The Board of Directors proposes to the Annual General Meeting that a dividend of 0.30 euros per share be distributed for 2017.

Copyright Photo: Finnair Airbus A350-941 OH-LWB (msn 019) (Oneworld) LHR (SPA). Image: 934962.

Finnair aircraft slide show: