Tag Archives: Scotland

WestJet to launch its “Tartan” Halifax – Glasgow service on May 29

WestJet logo

WestJet (Calgary) will launch service from Halifax, Nova Scotia, to Glasgow, Scotland, on board a special version of one of its Boeing Next-Generation 737-700 series aircraft adorned with a custom-designed WestJet tartan on its tail.

To mark the occasion of its first service to the United Kingdom, WestJet worked with the world’s last dedicated hand-crafted tartan mill, D.C. Dalgliesh of Selkirk, Scotland, to design a commemorative tartan in the airline’s distinctive blue and teal corporate colours. In addition to producing neck ties, cufflinks and scarves, WestJet also decaled two aircraft with the same tartan.

“We wanted to create something unique to celebrate our new service to Scotland and what could be more Scottish than creating our own company tartan?” said Lindsay Robertson, WestJet’s Lead, Creative Services. “On top of that, decaling an aircraft was something fun that we knew our guests would enjoy and in fact, one aircraft is already in service across our network and creating a lot of buzz. We encourage anyone who sees it to take a photo and tweet with the hashtag #TartanTail.”

WestJet’s first flight from Halifax to Glasgow departs Halifax Stanfield International Airport at 10:45 p.m. on Friday, May 29, 2015. The daily, nonstop seasonal service runs until October 24, 2015.

WestJet launched its first transatlantic service in June 2014 between St. John’s, Newfoundland, and Dublin, Ireland. The daily, non-stop seasonal service resumed on May 1 this year, six weeks earlier than last year. It concludes on October 23, 2015.

Photo below: Andy Cline (CNW Group/WestJet).

WestJet unveils its new #TartanTail, one of two Boeing Next-Generation 737s with a custom-designed tartan decal to mark the airline's new service between Halifax and Scotland launching May 29, 2015. Photo credit: Andy Cline (CNW Group/WestJet)

WestJet unveils its new #TartanTail, one of two Boeing Next-Generation 737s with a custom-designed tartan decal to mark the airline’s new service between Halifax and Scotland launching May 29, 2015. Photo credit: Andy Cline (CNW Group/WestJet)

 

Advertisements

Atlantic Airways to start Edinburgh, Scotland flights on March 30

Atlantic Airways (Vagar, Faroe Islands) will start a new route next summer to Edinburgh, Scotland. The route will be operated twice-weekly with Airbus A319s starting on March 30, 2015 per Airline Route.

Copyright Photo: Ton Jochems/AirlinersGallery.com. Atlantic Airways Airbus A319-112 OY-RCI (msn 3905) taxies at Amsterdam.

Atlantic Airways: AG Slide Show

Ukraine Air Alliance Antonov An-12 crashes in Algeria, 7 killed

Ukraine Air Alliance An-12 UR-DWF (Grd) LGG (RBX)(LRW)

Ukraine Air Alliance (Kiev) Antonov An-12BK registered as UR-DWF (msn 8345802) (above) operating a cargo flight from Prestwick, Scotland to Malabo, Equatorial Guinea crashed on takeoff from Tamanrasset, Algeria yesterday (August 30) after making a fuel stop. All 7 crew members on board were reported to have died in the crash.

According to Wikipedia the airline was established on February 18, 1992 and started operations in 1993.

Read the full report from CNN: CLICK HERE

Copyright Photo: Rainer Bexten/AirlinersGallery.com. UR-DWF is pictured at Liege before the crash.

 

 

United launches Chicago O’Hare-Edinburgh flights

United Airlines (Chicago) yesterday (May 22) began Chicago’s first-ever flights to Edinburgh, Scotland, with summer-season service through October 5, 2014.

The flights will operate five times weekly between May 22 and June 11, daily between June 12 and September 1, and four times weekly between September 2 and October 5 (all dates eastbound).

Flight UA 118 departs Chicago O’Hare International Airport at 6 p.m. (1800), arriving at Edinburgh Airport at 7:45 a.m. (0745) the following day (all times local). On the return, flight UA 119 departs Edinburgh at 10:25 a.m. (1025), arriving in Chicago at 1 p.m. (1300) the same day. Flight times are seven hours, 45 minutes eastbound and eight hours, 35 minutes westbound.

United will operate the service with Boeing 757-200 aircraft with a total of 169 seats – 16 flat-bed seats in United BusinessFirst and 153 seats in United Economy, including 45 Economy Plus extra-legroom seats.

United has been serving Scotland since 1998. In addition to the Edinburgh-Chicago service, the airline operates year-round nonstop service from both Edinburgh and Glasgow to its Newark Liberty International Airport hub.

United Airlines is O’Hare International Airport’s largest airline. United and the United Express carriers operate more than 580 daily flights out of O’Hare. The airline offers more than 50 daily nonstop flights to nearly 40 international destinations in Europe, Asia, Latin America, the Caribbean and Canada.

O’Hare International Airport, the fifth-busiest airport in the world, is United’s hometown hub, with corporate headquarters in Chicago’s Willis Tower.

Copyright Photo: Michael B. Ing/AirlinersGallery.com. Boeing 757-222 N502UA (msn 24623) departs from Los Angeles International Airport.

United Airlines (current): AG Slide Show

 

Ryanair’s 1Q profits falls 21% as previously guided

Ryanair (Dublin) has issued this financial report for its fiscal first quarter:

Ryanair has announced that Q1 profits, as previously guided, fell 21% to €78m as traffic grew 3% to 23.2m. Ave. fares fell 4% due to the timing of Easter and the impact of the June French ATC strikes but revenue per pax. rose 1% due to strong ancillary growth. Unit costs rose 4% mainly due to a 6% increase in fuel costs. Full year guidance, remains unchanged.

Summary Q1 Results.

Q1 Results (IFRS) €

June 30, 2012

June 30, 2013

% Change

Passengers

22.5m

23.2m

+3%

Revenue

€1,284m

€1,342m

+5%

Profit after Tax

€99m

€78m

-21%

Basic EPS(euro cent)

6.86

5.42

-21%

 

 

 

Ryanair’s CEO, Michael O’Leary, said:

“As previously guided higher fuel costs and the timing of Easter led to Q1 profits falling €21m to €78m. Ancillary revenues grew by 25% to €357m (27% of total revenues) driven by the successful development of reserved seating, priority boarding, and higher admin\credit card fees.

Unit costs rose 4% in line with the increase in sector length. Fuel increased 6% to €577m or 47% of total operating costs. Excluding fuel, Q1 unit costs rose by 6%, slightly faster than the increase in sector length, due to a 2% rise in flight crew pay, and increased Eurocontrol, Spanish airport, and Italian ATC charges. We are 90% hedged for FY14 at $980 p.t and 70% hedged for H1 FY15 at $935 p.t. We have extended our H1 FY15 fuel currency hedge on recent dollar weakness which delivers a 3% cut in our fuel cost per pax. for the 70% already hedged in H1 FY15.

Our seven new bases Eindhoven and Maastricht (Holland), Krakow (Poland), Zadar (Croatia), Chania (Greece), Marrakesh and Fez (Morocco)) are performing well. We plan to announce more new routes and new bases later this year as we exploit significant growth opportunities in markets where competitors including Airberlin, Alitalia, Iberia, LOT Polish, and SAS are cutting back. We are in ongoing negotiations with MAG, the new owners of Stansted airport to reverse six years of record traffic declines, but there is no guarantee that any deal will be agreed.

UK CC Enquiry.

Despite no evidence of any material influence, and compelling evidence that competition between Ryanair and Aer Lingus has intensified (rather than lessened) over the past 6½ years, we now expect that the UKCC will unlawfully attempt to force us to sell down most, if not all, of our 29.8% stake in Aer Lingus on some baseless or invented claim that competition in the future “might” be lessened. Given the CC’s total lack of evidence they are now reduced to dreaming up bogus future concerns that Ryanair “might” prevent another EU airline acquiring Aer Lingus, despite Ryanair’s repeated public statements that we would consider any offer by another EU airline to acquire Aer Lingus, and/or acquire Ryanair’s shareholding.

We have now eliminated any remaining shred of credibility from this enquiry, by offering to unconditionally sell our 29.8% stake to any EU airline which offers for, and successfully acquires, over 50% of Aer Lingus, despite 6½ years of evidence that no EU airline other than Ryanair has any interest in buying, or investing in, Aer Lingus. The UK CC has no credibility in this case having taken no action whatsoever on behalf of UK Consumers in earlier mergers when BA bought BMI or Easyjet bought GB Airways. Yet 6½ years after one Irish airline (Ryanair) bought 29.8% of Aer Lingus (an Irish airline which carries very few UK consumers), the UK CC is now ignoring evidence to pursue an apparently pre-meditated decision to force a more draconian sell down on Ryanair than they required in the earlier BSkyB/ITV case. This is absurd in the case involving 2 Irish airlines when Aer Lingus affects or carries very few UK consumers. Ryanair will strenuously appeal any such ruling, which is clearly unjustified by the evidence in this case, and we will insist that any such order cannot be enforced while we appeal the EU Commission’s February 2013 Prohibition Decision before the EU Courts.

Aircraft Order and Shareholder Returns.

Shareholders have recently approved our order for 175 Boeing 737-800 aircraft for delivery over a five year period between September 2014 and December 2018. This has allowed us to raise our growth targets by 38% to 110m passengers by FY19 (previously 100m) and our fleet to 410 (previously 375).

The strength of our Balance Sheet with Q1 gross cash of €3.6bn and net cash of €191m, (despite another recent €177m share buyback), remains unmatched in our industry. This strong cash position allied to the Capex certainty we now enjoy, following the recent aircraft order, enabled us to announce plans to return up to €1bn to shareholders over the next two years. At least €400m via share buybacks in FY14, and up to a further €600m in special dividends or share buybacks in FY15, subject to current fuel, yields and profitability trends continuing. This further €1bn brings to over €2.5bn the total cash returned to Ryanair shareholders in recent years, which is over 4 times the €585m originally raised from shareholders since our IPO.

Outlook.

We expect Q2 yields to rise despite last year’s challenging (post-Olympic) comparables, although yields on close-in summer bookings have been slightly weaker in recent weeks due, we believe, to the heat wave in Northern Europe. As ever, our outlook remains cautious for the full year as market conditions are tough with recession, austerity, high fuel costs, and excessive Government taxes (most recently in Belgium) impacting air travel demand and yields. While we expect full year traffic to grow 3% to 81.5m, we still have no visibility over next winter’s yields, and on the basis that the recent yield weakness in close-in summer bookings does not continue, we see no reason to change our full year profit after tax guidance which remains at between €570m to €600m”.

Copyright Photo: SM Fitzwilliams Collection. Boeing 737-8AS EI-CSA (msn 29916) at the Dublin hub promotes Scotland as a destination. Ryanair will be adding more advertising.

Ryanair: AG Slide Show

Ryanair reports third quarter profits of $24.1 million

Ryanair (Dublin) announced third quarter profits of $24.1 million (€18 million), up $4 million (€3 million) on last year despite an $109 million (€81 million) increase in fuel costs. Revenues rose 15% to $1.3 billion (€969 million) as traffic grew 3% to 17.3 million passengers. Unit costs rose 11% mainly due to a 24% (€81 million) increase in fuel. Excluding fuel third quarter unit costs rose by 4%, while average fares improved by 8%.

Summary Q3 Results (IFRS) in Euro.
Q3 Results (IFRS) €
Dec 31, 2011
Dec 31, 2012
% Change
Passengers
16.7m
17.3m
  +3%
Revenue
€844m
€969m
  +15%
Profit after Tax
€14.9m
€18.1m
  +21%
Basic EPS(euro cent)
1.02
1.25
  +23%
Ryanair’s CEO Michael O’Leary said:
“Our Q3 profit of €18m was ahead of expectations due to strong pre-Christmas bookings at higher yields. The 8% rise in avg. fares reflects our improved customer service, record punctuality and the successful roll out of our reserved seating service. Our fuel costs rose €81m, (+24%), slightly less than expected as oil prices increased 22% (from $84pbl) to $102pbl. Excluding fuel, Q3 unit costs rose 4% due to excessive increases in Italian ATC costs, Spanish airport charges, and the strength of Sterling to the Euro. Ancillary revenue performed strongly and rose 24% to approx. €13 per pax.
New Routes and Bases.
Our new routes and bases are performing well in their first winter, although some smaller bases such as Budapest and Warsaw are doing so at very low prices. Our 51st base Maastricht opened in December, and we will open 6 new bases (total 57) from April in Eindhoven, Krakow, Zadar (Croatia), Chania (Greece), Marrakesh and Fez (Morocco). Significant capacity cuts by Legacy and other struggling EU carriers continue to offer us substantial growth opportunities across Europe.  We expect further capacity cuts and restructurings in Europe as high fare, loss making carriers struggle to compete with Ryanair’s expansion at low prices. During Q.3 Iberia, AFKLM, Air Berlin, and Lufthansa all announced major restructurings. Both LOT and SAS are seeking further state support while the Swiss charter airline “Hello” has closed. These trends will create more growth opportunities for Ryanair to grow profitably to 120m passengers over the next decade.
Customer Service.
Our industry leading customer service continues to improve as demonstrated by the following YTD milestones:-
·  93% of all Ryanair flights arrived on time (a new record).
·  Lost bags have fallen to less than 1 per 3,000 pax.
·  We cancel less than 4 flights in every 1,000.
No other EU airline can match Ryanair’s fares or this level of passenger service. The addition of reserved seating to our priority boarding service in 2012 has been very well received and a recent survey of Ryanair’s traffic in Spain (where Ryanair is the largest carrier) highlighted that 22% of our passengers were travelling on business. A survey of 10,000 passengers in December also yielded the following results:-
 ·  87% were satisfied or very satisfied with their Ryanair flight.
·  93% said they would fly Ryanair again.
·  95% said Ryanair provide excellent value for money.
Ryanair Strengths.
Ryanair’s ex fuel passenger cost of €27 (ytd) is lower than any carrier in Europe. Our average fare of €50 is (by some distance) lower than any other EU carrier. Our tight cost management, at a time when competitor costs are rising faster, will enable Ryanair to expand our price and cost leadership over all other EU airlines for the foreseeable future. The combination of Ryanair’s industry leading costs and customer service, strong cash flows and balance sheet, gives Ryanair a unique platform to deliver its next decade of growth as we target a 20% share of the EU short-haul market by growing to over 120m pax p.a.
Stansted Airport Sale
The sale of Stansted should be completed by the end of Spring. We welcome its purchase by MAG and look forward to working with them (as we do currently in Manchester, East Midlands, and Bournemouth) to grow Stansted’s low fare traffic back over 23m, where it was in 2007 before the BAA monopoly doubled Stansted’s fees. We also welcome the CAA’s announcement that is “minded to” rule that Stansted has market power, and will need effective regulation to protect Stansted users from exploitation by the airport monopoly particularly when “there is evidence to suggest that Stansted is pricing above the competitive level”.
Aer Lingus Update.
Under Irish Takeover Panel rules we are unable in these results to update on our offer to acquire Aer LingusAccordingly we are issuing a separate announcement on this matter today.
Ryanair’s CEO Michael O’Leary said:

“Ryanair has submitted a radical and unprecedented remedies package to the EU in support of its offer for Aer Lingus. We believe these remedies address every current Ryanair\Aer Lingus crossover route and all other competition issues raised by the Commission in its Statement of Objections. The remedies involve two upfront buyers each basing aircraft in Ireland to takeover and operate a substantial part of Aer Lingus’ existing route network and short-haul business. This will be the first EU airline merger which will deliver structural divestitures and multiple upfront buyers. We look forward to completing our offer for Aer Lingus subject to receiving approval from the EU competition authorities in early March”.
Hedging & Balance Sheet.
We have recently extended our fuel hedges to 75% of FY 14 at $97pbl and hedges on our fuel exposures at $1.32. At current rates our FY14 fuel cost per passenger will rise by approx. 5%, compared to a 14% increase in FY13.
A 2nd special dividend of €492m (€0.34 per share) was paid to shareholders in Q3, bringing to €1.53bn the funds returned by Ryanair to shareholders over the last five years. Ryanair’s balance sheet remains one of the strongest in the industry, with closing Q3 gross cash of €3.15bn. We expect the year end net cash to be positive despite directly owning over 70% of our fleet of 305 young Boeing 737-800s.
Outlook.
Our Q3 yields were boosted by stronger pre-Christmas bookings, while lower than expected operating costs delivered slightly better profits than forecast. However Q4 traffic (as previously guided) will drop by approx.400,000 passengers (-3%)below last year’s Q4, due to our grounding up to 80 aircraft which limits the impact of high oil prices, high airport fees at Stansted and Dublin, and seasonally weaker Q4 demand. On the basis of this improved Q3 result, our capacity cuts and limited visibility over Easter bookings and yields, (although we have seen some yield softness in January), we now expect our full year profits to exceed our previous guidance (of €490m to €520m) and rise close to €540m, a 7% increase on last year’s profits despite a 19% increase in our oil costs.
Copyright Photo: Antony J. Best. Boeing 737-8AS EI-CSA (msn 29916) arrivs at the London (Stansted) hub with promotional Scotland stickers.
Ryanair: AG Slide Show

Jet2 announces three new destinations from Glasgow

Jet2 (Jet2.com) (Leeds/Bradford) is adding three new destinations from Glasgow for the next summer season. The three new destinations will include Murcia (Spain), which will take off every Monday and Friday from May 24, 2013. Flights to the Eastern Med’s Croatian resort, Pula, will start on June 18, 2013. Finally, the airline will operate weekly flights to Menorca starting on May 25, 2013.  Jet2 will fly to 19 destinations from Glasgow in the summer of 2013.

Copyright Photo: Robbie Shaw. Boeing 737-377 G-CELU (msn 23657) in the special Scotland motif departs from Glasgow.

Jet2: