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Old May 26th, 2012, 04:07 AM   #121
hellospank25
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Greek airline receives licence to carry out flights to Georgia

The Civil Aviation Agency of Georgia has issued a licence to Greek airline AEGEAN AIRLINES to use air space and start direct flights between Greece and Georgia.
Thus, another airline will operate in Georgia from June 10.
AEGEAN AIRLINES will carry out Athens-Tbilisi flights twice a week.
The flights will be carried out by aircrafts of A 319 and A 320.

http://airlines.einnews.com/article/97517841
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Old May 26th, 2012, 04:11 AM   #122
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Alitalia to Start Service to Tbilisi


After long and efficient negotiations with Alitalia, TAV Georgia managed to convince Italy’s largest air carrier to start regular flights from Rome to Tbilisi in the forthcoming summer season. Italy’s largest and the world’s 19th largest company is expected to operate at least two flights per week. Ticket prices are not certain yet, but will be finalized within a few months.

With a fleet of 150 airplanes, Alitalia performs flights to 28 local and 62 international destinations in 41 countries worldwide as for November 2011 and soon Georgia will be added to this list.

Speaking of the significance of the flight, TAV Georgia’s General Manager Mr. Mete Erkal said: “The direct Rome-Tbilisi flight will not only strengthen trade-commercial ties between the two countries, but will also increase the possibility for Georgian travelers to roam around many countries worldwide. Each new air company entering the Georgian air market is one more step ahead toward tourism development, something TAV Georgia always meets with pleasure and appreciation.”

Up to today the only way to travel to Italy for Georgians was via third countries.

Over the past year air companies Air Astana, China Southern Airlines, Ata Airlines, Taban Airlines, Ural Airways, Fly Dubai and Air Cairo have entered the Georgian air market and Qatar Airways will start operations in February 2012.

http://www.messenger.com.ge/issues/2..._Alitalia.html
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Old June 5th, 2012, 05:04 AM   #123
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Qantas faces twin challenges from Asia this week as Singapore Airlines' low-cost offshoot Scoot launches flights to Sydney and China Southern cranks up its "Canton Route" to London.


Scoot tomorrow launches daily flights from Sydney and next week five-times-a-week services from the Gold Coast using Boeing 777-200 aircraft.


It is promising fares 40 percent below full-service airlines that include taxes and surcharges but not "ancillary" items such as meals, drinks, entertainment and checked luggage.


Its arrival heralds another player in the already competitive long-haul, low-cost carrier market to Australia serviced by Jetstar International and AirAsiaX.


It also gives Singapore Airlines, which flies full-service flights to major Australian airports and is a major stakeholder in Tiger Airways Australia, an additional foothold in the market.


China Southern has already been promoting its "Canton Route" alternative to the Qantas "Kangaroo Route" to Europe with low fares via its Guangzhou hub. These include return economy fares from the east coast to London as low as AU$1500 and business-class fares from AU$5066.


It says travel time to London is as low as 26 hours, including the stopover in Guangzhou, equivalent to travel through other Asian hubs such as Singapore and Bangkok.


While the airline offers just three services on the route a week, which is below the daily service threshold generally seen as essential for business traffic, it has been recruiting Australian crew and has said it wants to triple its services to Australia.


It currently operates 11 flights a week between Sydney and Guangzhou, 10 from Melbourne.


The move comes as Australia sees big increases in tourism from China.
http://www.wcarn.com/cache/news/19/19579.html
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Old June 5th, 2012, 05:05 AM   #124
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Shenzhen Airlines Company Limited has signed a passenger service agreement with several other domestic airlines. According to the agreement, Shenzhen Airlines will inform travelers updated flight information via text messages in case of sharp changes of weather conditions. This service is available for all the travelers who have purchased tickets from Shenzhen Airlines ticketing system and left their cell phone numbers as well.

Besides, the provisions of the agreement say that in case of flight delays or cancellations, agreement parties are obligated to accept willing travellers from other airlines unconditionally, as long as vacant seats are available.

http://www.wcarn.com/cache/news/19/19585.html
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Old June 8th, 2012, 06:17 AM   #125
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China Southern Airlines Co Ltd began flying between London Heathrow Airport and Guangzhou on Wednesday, the first flight to go from Britain to the capital of Guangdong province.

The company now has three direct flights to Guangzhou leaving from London Heathrow Terminal 4 on Wednesdays, Fridays and Sundays each week.

The new route is expected to boost trade between China and the United Kingdom.

"The launch of the Guangzhou-London air service marks a bold step forward in China Southern's development in the London marketplace," said Si Xianmin, president of China Southern Air Holding Co and chairman of China Southern Airlines.

The direct flights between Guangzhou and London also help passengers who transfer to other planes on their way to places in Europe, Australia or New Zealand.

"This new air service will serve as an air bridge that connects Europe with China and Australasia," Si said.

The company said it plans to have 110 flights a week going to Australian cities by the end of 2015, up from 42 now. China Southern carried about 600,000 passengers to Australia in 2011.

A330-200 aircraft, made by the France-based Airbus SAS, are flying the new London-Guangzhou route, offering first, business, premium economy and economy levels of service.

The new flights are expected to also prove convenient to Chinese sports fans who will fly to London for the Olympic Games this summer.

"It is great news for the UK that China Southern is opening up a new route between Heathrow and Guangzhou," said Colin Matthews, CEO of BAA Airports Ltd, which owns five airports in the UK including London Heathrow.

"We are delighted that China Southern has chosen Heathrow, and we would like to welcome more flights from China Southern and other airlines that could bring jobs and growth to the UK."

The world economy's center of gravity is shifting and Britain should forge more links with China and similar economies, Matthews said.

While Britain adds one new route to China in 2012, other European countries will have planes flying on seven additional routes to China's interior.

Other airlines in emerging economies have expressed a desire to add flights at Heathrow, but have been prevented from reaching that goal by the airport's lack of the departure and landing slots they need.

China Southern Airlines has more than 450 airplanes in its passenger and cargo operations, including US-based Boeing Co 777s, 747s, 757s, 737s and Airbus 380s, 330s, 321s and 320s.

According to company figures, the airline carried 80.7 million passengers in 2011, 5.5 percent more than a year earlier, making it the largest airline in Asia measured by passenger numbers.


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http://europe.chinadaily.com.cn/busi...t_15486315.htm
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Old June 8th, 2012, 07:20 AM   #126
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On the afternoon of Jun 6, 2012, China Cargo Airlines Limited (China Cargo Airlines), a subsidiary of China Eastern Airlines Corporation Limited (China Eastern), formally announced the intention to the public at the 2012 Air Cargo China Exhibition and Conference, proclaiming that the airline plans to join the SkyTeam Cargo Alliance.


On behalf of the two parties, China Cargo Airlines General Manager Mr. Zhu Yimin and SkyTeam Cargo Alliance Executive Committee Chairman Mr. Cai Zhonghe signed the Letter of Intent. "China Cargo Airlines intends to officially join SkyTeam Cargo before the end of June, 2013", China Cargo Airlines General Manager Mr. Zhu Yimin said.

SkyTeam Cargo, founded in the year of 2000, is the sole global airline cargo alliance today. With nine airline members including Aeroflot Cargo, Aeroméxico Cargo, Air France Cargo, Alitalia Cargo, China Southern Cargo, Czech Airlines Cargo, Delta Cargo, KLM Cargo, and Korean Air Cargo, SkyTeam Cargo is currently the largest and the most reliable cargo alliance capable of providing services covering the widest areas in the world.


"This is a great era which witnesses dramatic transforms in both the air cargo services and manners. There are opportunities as well as risks. And there are challenges as well as difficulties. While China Cargo Airlines is perfecting and growing continuously in strict accordance with the criteria for joining the alliance, it also intends to deepen and enhance its cooperation and collaboration with first-class international airlines."



"We hope to learn from member airlines and take advantage of their advanced experiences to improve our management capabilities and to promote our international competitiveness. We intend to make progress and advance with member airlines hands in hands. We will complement each other to move forward and make progress with mutual benefits", said Zhu Yimin.



China Cargo Airlines, established in 1998, is based in Shanghai. It is China's first and the largest all-cargo airline operating dedicated freight services. As of May, 2012, the China Cargo Airlines fleet consists of 19 aircraft including 6 Boeing 777 air freighters, 5 Boeing 747 air freighters, 3 MD-11 air freighters, 2 Boeing 757 air freighters and 3 Airbus A300 air freighters.



China Cargo Airlines is currently operating 16 freight routes with destinations covering up to 20 main cities in Europe, America, and the Asian-Pacific region including Chicago, Atlanta, Dallas, Los Angeles, Paris, Milan, Amsterdam, Singapore, Bangkok, Hong Kong, Taipei, Osaka, Tokyo and Seoul.



Meanwhile, China Cargo Airlines operates both the international and domestic cargo services of the belly spaces of 360 passenger aircraft from China Eastern Airlines and Shanghai Airlines, reaching 30 countries and regions and providing services for more than 188 cities at home and abroad.


Joining SkyTeam Cargo conforms to China Cargo Airlines' strategic interests for long-term development and will definitely foster its transformation and development. After having been through great ebbs and flows in the aviation freight market over the previous years, China Cargo Airlines formally establishes the strategic objective of "Harmony of the Heaven and the Earth, Transformational Development."



In 2011, China Cargo Airlines reshuffled successfully with Shanghai Airlines Cargo Intl. Co., Ltd. and Great Wall Airlines Company Limited and became the largest air cargo airline in China.



After successfully merging and reshuffling with Shanghai Eastern Logistics Co., Ltd in 2012, China Cargo Airlines will become an aviation logistics company centered on air cargo while the range of its business will cover services like ground agent, truck transportation, express service, freight forwarding service, etc.


After China Eastern officially joined the SkyTeam Alliance in June, 2011, its subsidiary China Cargo Airlines also started the benchmarking work in time.


Since then, China Cargo Airlines carried out a series of work like the orientation training for joining the alliance, the popularization of alliance products, the improvement on service processes, the joining-up with alliance websites, and the promotion of brand images in strict accordance with the operation and management concepts and the service standards of the alliance. They are now fully prepared for becoming an official member of the SkyTeam Cargo in the near future.

http://www.wcarn.com/cache/news/19/19645.html
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Old June 11th, 2012, 02:01 PM   #127
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It's another bad year for airlines this year, according to the article below:

Airline industry profits to plummet in 2012: IATA

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Airline industry group IATA warned on Monday global profits would more than halve this year owing to surging oil prices and the eurozone crisis, with European carriers suffering losses of $1.1 billion.

Tony Tyler, head of the International Air Transport Association, also hit out at a controversial carbon tax scheme put in place by the European Union, lashing it as a "polarising obstacle to real progress".

Tyler told the group's annual general meeting in Beijing that "2012 is another challenging year. We expect revenues of $631 billion but a profit of just $3.0 billion."

That compares with a profit of $7.9 billion in 2011, IATA figures show.

Tyler cited the cost of oil as a reason for "anaemic global profitability" and IATA said it predicted an overall average price of $110 a barrel this year using Brent crude oil as a basis, warning political risks could push this up.

Tyler told the group's annual general meeting in Beijing that "2012 is another challenging year. We expect revenues of $631 billion but a profit of just $3.0 billion."

In a statement released as the AGM began Monday, IATA said it had downgraded its outlook for European airlines in 2012, projecting losses of $1.1 billion compared with its previous forecast of $600 million in losses.

The estimate comes despite figures showing 5.6 percent year on year growth in European passenger traffic in April and predictions global passenger numbers would rise to nearly 3 billion this year compared to 2.8 billion in 2011.

According to IATA estimates, North American carriers are likely to post profits of $1.4 billion in 2012, a slight improvement on the previous year due to strict management of airline capacity.

Carriers in the Middle East, however, are expected to see profits drop by more than half, as are those in the Asia Pacific region -- due in part to slowing Indian and Chinese economies.

Growth in China, the world's second largest economy, slowed to 8.1 percent in the first quarter of 2012 -- its slowest pace in nearly three years.
http://ph.news.yahoo.com/airline-pro...--finance.html
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Old June 12th, 2012, 05:53 PM   #128
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just wondering has there been an extremely good year for airlines?
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Old June 13th, 2012, 02:46 PM   #129
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Originally Posted by sidney_jec View Post
just wondering has there been an extremely good year for airlines?
I am not an expert but I believe why many airlines are strugging recently is mainly because of increasing competition and rising aviation fuel.

There were times that this wasn't the case.

According to Wikipedia, airline companies were growing by 5-6% annually until the 1990s.

Last edited by the glimpser; June 13th, 2012 at 02:53 PM.
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Old June 14th, 2012, 05:39 AM   #130
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Does anyone know when will Emirates start flying to Algiers from Dubai?
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Old June 15th, 2012, 06:16 AM   #131
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CHONGQING (CQNEWS) -- Eastar Jet of South Korea opened the Chongqing-Jeju Island international charter passenger flight on June 13, 2012. It is the first direct flight from Chongqing to Jeju Island as well as the second direct flight from Chongqing to South Korea.


According to Chongqing Airport, there are two flights of the Chongqing-Jeju Island airline each week. The Jeju Island-Chongqing flight departs at 22:40 (South Korea Time) from Jeju Island every Tuesday and Saturday, and arrives at Chongqing at 01:00 the next day (Beijing Time); while the Chongqing-Jeju Island flight departs at 02:10 (Beijing Time) every Wednesday and Sunday and arrives at Jeju Island at 06:00 (South Korea Time).



The flight is served by Boeing 737-700 aircrafts which are able to load 149 passengers and with a flight time of 3 hours and 20 minutes.


At present, Chongqing Airport is actively negotiating with airlines for scheduled flights. Eastar Jet says that they will consider applying to keep the scheduled flights if they run well.
http://english.cqnews.net/html/2012-...t_16551043.htm
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Old June 16th, 2012, 04:11 AM   #132
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SQ*/MI/QQ | Singapore Airlines/Silk Air/Scoot
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Scoots code has been changed to TZ
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Old June 16th, 2012, 04:56 AM   #133
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Lufthansa (LH) is negotiating with Chinese authorities to operate its Airbus A380 on the Frankfurt-Shanghai Pudong (PVG) route.

LH Group chairman and CEO Christoph Franz told ATW on the sidelines of this week's IATA annual general meeting and summit in Beijing 'that the carrier has "great interest" in flying the A380 to PVG.

Franz said he is not happy about the ongoing dispute between Europe and China over the European Union Emissions Trading Scheme (ETS). "ETS [is] creating international dissatisfaction, which is also creating a trade war," he said.

"Several airlines are already facing problems, such as being denied traffic rights," Franz said, adding, "The pressure to find a solution increases."
http://www.wcarn.com/cache/news/19/19785.html




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Airbus' final assembly line at its Tianjin, China, factory is scheduled to deliver its 100th A320 this fall but the manufacturer has yet to secure a partner for its continued operation past 2016.

"We [have] already delivered 89 aircraft since our first one on June 23, 2009," Airbus president-China Laurence Barron told journalists in Beijing this week. This year, 38 aircraft will be delivered - including the first one to a non-Chinese airline, AirAsia. "Our target is to deliver four aircraft per month and a total of 47 aircraft in 2013," Barron said.

However, the Tianjin factory -- a joint venture between Airbus and partners including China Aviation Industry Corps. (AVIC I and II) and Tianjin Free Trade Zone -- faces an uncertain future in 2016 when its contract expires after the delivery of its 284th aircraft.

The factory opened in September 2008; as of March, Airbus had delivered 80 A320 family airliners assembled in Tianjin.

"This year, the company will break even, Barron said, adding the manufacturer has started talks with its partners about the factory's future. "We will wait and see what happens," he said.

As the Chinese market continues to grow, Barron said mainland China has become the world's second market for new aircraft deliveries after the U.S. "And it is getting close to number one.

Mainland China will need 3,832 new passenger and freighter aircraft over the next 20 years, which is a market value of US$509 billion - a very significant market for us," he said.

Chinese carriers operate 805 Airbus aircraft in China.

The European manufacturer has 15 Chinese customers and orders for 356 aircraft, mainly A320s. However, Barron said Airbus is seeing a demand for very large aircraft, such as the A380, but so far China Southern is the only Chinese carrier to order the type.

The A330 is becoming popular with Chinese carriers, which have around 100 of the type in service and 71 orders. Barron told ATW there are no plans to produce the A330 in China.

The Chinese government has blocked 45 A330 orders for Chinese carriers because of the escalating dispute over the European Union Emissions Trading Scheme carbon tax.
http://www.wcarn.com/cache/news/19/19783.html
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Old June 16th, 2012, 05:14 AM   #134
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Virgin Atlantic Airways Ltd., the U.K.'s number two long-haul carrier, may add more flights to China and South America.

The airline has wanted to start flights to Beijing "for quite some time" and it is also looking at other cities in China, Chief Executive Officer Steve Ridgway said in an interview today in Shanghai. He didn't name any specific South American destinations.


Virgin also expects to hear by year-end how many takeoff and landing slots it will get at Heathrow, Europe's busiest airport, following International Consolidated Airlines Group SA's acquisition of BMI in April.



The carrier has asked for 12 of the slots that IAG, the parent of British Airways, was ordered to give up as a condition for approval of the BMI deal.


"These slots are very important," Ridgway said in a Bloomberg TV interview. "It's tough because Heathrow is very full."



The carrier, which has also applied to start flights to Scotland, holds 3 percent of Heathrow's takeoff and landing pairs compared with IAG's 51 percent.


The start of Beijing flights will depend on the availability of Heathrow slots and the arrival of Boeing Co. 787s that would be used on the route, Ridgway said.



Virgin expects to start receiving its 16 on-order 787s in the second half of 2014. The carrier already flies to Shanghai and Hong Kong in Greater China.


Virgin may also "one day" join one of the three global airline alliances, Ridgway said. The airline last year began a review of strategic options after British Airways and American Airlines boosted cooperation on trans-Atlantic routes.

http://www.wcarn.com/cache/news/19/19769.html
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Old June 16th, 2012, 05:23 AM   #135
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Jetstar Hong Kong, the budget airline being formed by China Eastern Airlines and Qantas, could be operating before year-end, earlier than previously expected.

Senior managers for the airline, part of Qantas's Jetstar franchise chain, will be recruited from Hong Kong and other places in the region, China Eastern Chairman Liu Shaoyong told the annual general meeting of the International Air Transport Association this week in Beijing.

Noting that Jetstar Hong Kong currently is applying for an air operator's certificate (AOC), Liu says, "At the earliest, it will begin operations late this year or in the first half of next year."

China Eastern and Qantas initially stated that the startup would launch in 2013 when they unveiled their joint venture in March. At that time, the two operators said they would have equal shares in Jetstar Hong Kong, which would have up to US$198 million in capital.


If certification is granted, Jetstar Hong Kong will begin service with three Airbus A320s. This fleet will increase to 18 by 2015.


China Eastern's Liu says it has not been determined if Jetstar Hong Kong will operate into mainland China.

Jetstar Hong Kong will follow the multi-national franchising model used by rivals Tiger Airways and Air Asia, which established carriers in different countries with local shareholders while sharing the brand, websites and information systems.

Qantas also is setting up Jetstar Japan with Japan Airlines. That airline is due to begin services next month, five months ahead of schedule, also with three A320s as an initial fleet.

http://www.wcarn.com/cache/news/19/19782.html
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Old June 16th, 2012, 08:31 AM   #136
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Malaysian Airline System Bhd. intends to almost double its Asia-Pacific destinations in three years as part of a turnaround plan prompted by five straight quarterly losses.


The carrier may fly to 25 cities in countries including China, Japan and India by 2015, compared with 13 regional destinations now, Chairman Md Nor Yusof said in an interview yesterday in Subang, near Kuala Lumpur where the carrier is based.



Flights on some existing routes will also be increased by as much as 50 percent, he said.



"The airline business is closely linked to the economic cycle and there is a consensus that the Asia-Pacific region is the bright spot," Md Nor said. "There's plenty of reasons to be optimistic."



The carrier may also make some job cuts as part of the restructuring to be announced at a June 21 annual shareholders' meeting, Md Nor said without elaboration. The new proposal comes after parent companies of Malaysian Air and AirAsia Bhd. last month unwound a share swap agreement following complaints by the national carrier's biggest union.


Malaysian Air was unchanged at 1.15 ringgit at close of trading in Kuala Lumpur today. The stock has dropped 12 percent this year, compared with a 3 percent gain in the benchmark FTSE Bursa Malaysia KLCI Index.


"Despite the ongoing reforms, such as network reviews, we expect Malaysian Air to continue to report losses in its 2012 financial year," Annuar Aziz, an analyst at Credit Suisse Group AG said in a report today.


"The weakness in the passenger network has been matched by weak cargo demand."


Downgraded


Annuar downgraded the stock to underperform from neutral, cutting its price target to 90 sen from 1.50 ringgit. This means its total return is expected to underperform Malaysia's benchmark index by as much as 15 percent over the next 12 months, Credit Suisse said.



East Asia and the Pacific region is forecast to expand 7.6 percent this year and the growth may accelerate to 8.1 percent in 2013, compared with 2.5 percent and 3 percent for the global economy, the World Bank said in a report on June 12.



Malaysian Air will stick to its existing planes orders, Md Nor said. The carrier took delivery of the first of six on-order Airbus SAS A380 superjumbo last month. It will start services with the plane on July 1 with a trip to London.


Waiting List


"The bookings for the A380s have been good and there is a waiting list at the moment," Md Nor said, declining to elaborate.



The airline, which earlier planned to own new planes, has now turned to the Malaysian government to purchase the A380s and two A330s worth 5.3 billion ringgit (US$1.7 billion).



The carrier can lease the planes from the government with an option to buy them at the end of the contract, Md Nor said. Talks are still on with the Finance Ministry, he said.



Malaysian Air will cooperate with AirAsia in areas including procurement, aircraft maintenance and training as it seeks to pare costs, Md Nor said.



Khazanah Nasional Bhd., which controls 69 percent of the carrier, exchanged back its 10 percent stake in AirAsia for 20.5 percent of Malaysian Air last month.





Fifth Loss


Malaysian Air posted a loss of 171.8 million ringgit in the three months ended in March because of higher fuel costs and competition from low-cost carriers.



It may report an annual loss of 529 million ringgit, according to the average of 12 analyst estimates compiled by Bloomberg. The carrier had a loss of 2.5 billion ringgit in 2011.



The airline this month sold 1 billion ringgit of Islamic bonds that didn't have a set maturity in the country's first offering of such debt.



It has commitments from investors to buy the remaining 1.5 billion ringgit of the so-called perpetual sukuk, according to Chief Executive Officer Ahmad Jauhari.



The funds will be used for working capital and to refinance existing loans, the carrier said in a May 22 statement. The company has 4.3 billion ringgit of bonds and loans including the sukuk sold this month, according to data compiled by Bloomberg.
http://www.wcarn.com/cache/news/19/19791.html
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Old June 16th, 2012, 08:42 AM   #137
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Bombardier Inc said on Thursday that its Q400 turboprop plane has been approved for operation in Russia, a "key growth market" in its global expansion strategy.

Montreal-based Bombardier, which has been expanding its sales force to drive business in emerging markets, said the approval by Russia's Interstate Aviation Committee was a milestone in its growing presence in Russia.


There are currently more than 80 Dash 8-Q-Series turboprops and CRJ regional jets in service in Russia, where carriers have flown Bombardier's regional planes si nce 2003, the company said.


"More approval is better than less. It gives them one more market they can sell into and it's a market well suited for the aircraft," said PI Financial analyst Chris Murray.


"I wouldn't think it would dramatically move the needle."


Bombardier said it has booked firm orders for 428 Q400 airliners.


Canada's No. 2 airline, WestJet Airlines Ltd said in May that it will buy 20 Q400 NextGen aircraft, the latest version of the Q400 planes, with an option to purchase 25 more over the next six years. It plans to launch a new regional carrier in the second half of 2013.


Bombardier shares were up 1 percent, or 4 Canadian cents, to C$3.83 on the Toronto Stock Exchange on Wednesday afternoon.

http://www.wcarn.com/cache/news/19/19766.html
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Old June 20th, 2012, 10:32 AM   #138
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Bombardier Inc. is transferring most of its commercial-aircraft sales staff outside Canada in a bid to capture growing demand for jets and turboprops in China, the Middle East and Africa.

About three-quarters of the sales team will be placed outside the country by the end of 2012, said Mike Arcamone, who runs the commercial aircraft unit at Montreal-based Bombardier. That's up from less than 20 percent at the end of last year, said Arcamone, who joined the company on Feb. 1.
"We are going global," Arcamone said yesterday in an interview in Montreal. "We are moving our sales offices out of Montreal and Toronto. We are changing the footprint in sales. It's a major transformation."


That approach will expand Bombardier's reach in higher-growth markets such as China, which Bombardier predicts will receive 2,200 commercial planes seating 20 to 149 people in the next 20 years. That would be 17 percent of 12,800 global deliveries in that span, according to a Bombardier forecast.



Arcamone's remarks fleshed out previous comments by the world's third-largest planemaker about dispersing the commercial-aircraft sales staff. Bombardier said last month it needs more orders this year for models such as Q400 turboprops and CRJ regional jets to avert production cuts in 2013.




Dubai, Shanghai

After opening sales offices in Dubai, Shanghai, Singapore and Sydney in the past few months, Bombardier is poised to add staff in Russia and other select countries, said Arcamone, who declined to give the size of his sales force or details on Bombardier's expansion.



After opening an office in Munich to cover western Europe, "we still have a few more to go this year," Arcamone said. "We just announced a service center in Russia and we will have a sales office in Russia as well. It's a very active market."


Bombardier's Class B shares were unchanged yesterday at C$4.05 in Toronto, leaving the stock down 0.2 percent for 2012. That compared with a 0.6 percent drop for Boeing Co., the world's largest aerospace company, and gains of 11 percent for Airbus SAS parent European Aeronautic Defence & Space Co. and 17 percent for Brazil's Embraer SA.



Arcamone is new to aerospace after a 30-year auto-industry career, most recently as chief executive officer for General Motors Co. Korea. He faces competitors such as Commercial Aircraft Corp. of China and Embraer, and a market for which yesterday's forecast of 12,800 airliner deliveries over 20 years is 300 fewer than previously projected.





Revenue Breakdown

Commercial-aircraft sales accounted for 4.8 percent of Bombardier's US$3.51 billion in first-quarter revenue. Counting sales of business jets, parts and maintenance, aerospace revenue was US$1.5 billion. Commercial buyers in 2012 include Ethiopian Airlines and China Express Airlines, while Warren Buffett's plane-leasing unit at Berkshire Hathaway Inc. ordered business jets last week with a list value of as much as US$7.3 billion.
Arcamone said "significant" hiring will occur throughout Bombardier's international sales network, while declining to give specifics.



"With every sales director comes the marketing team that supports that, the legal team that supports that," said Philippe Poutissou, vice president of marketing at the commercial-aircraft unit.



Arcamone's business is presiding over development of the CSeries, Bombardier's entry in the smaller end of the narrow-body jet segment. Designed to carry 100 to 149 passengers, the CSeries is still set for its first flight this year and a commercial debut in 2013, the planemaker said yesterday.


CSeries Backing

Republic Airways Holdings Inc., the jet's biggest customer, remains "very supportive" of the CSeries even while weighing the future of its Frontier Airlines, Arcamone said yesterday. Indianapolis-based Republic has 40 CSeries jets on order.



North America will remain pivotal to Bombardier, because the region will absorb 4,730 new planes in the next two decades, according to the planemaker's forecast.



AMR Corp.'s American Airlines, Delta Air Lines Inc. and SkyWest Inc. probably will announce "major" orders in the next several quarters, according to analysts such as Tim James at TD Securities in Toronto. Their purchases may total more than 300 regional jets and turboprops, James wrote in a June 12 note.



"The U.S. will be the big part of the game this year for regional jets," Chris Murray, a PI Financial Corp. analyst in Toronto, said this week in a telephone interview. "Everybody is trying to figure out how to bump the older, smaller regional jets and either move to larger jets or turboprops on some routes."



Arcamone said bigger models such as Bombardier's 100-passenger CJR1000 may reap additional U.S. orders as airlines win more-flexible union work rules to allow pilots at less-costly regional units to fly those planes, a step up from older 50- and 70-seaters.



"Definitely there is still a market for that product within North America as the restructuring occurs," Arcamone said. "We don't want to miss the opportunity that this will provide us."
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Old June 21st, 2012, 03:14 AM   #139
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Eurocopter: China to require more than 1,000 helicopters in the coming decade
(WCARN.com, June 20)


Quote:
China will need about 500 helicopters by the end of 2015, according to Eurocopter on June 18, reported by The Economic Observer. It is anticipated that China will need more than 1,000 helicopters over the next decade as the nation deregulates and opens its low-altitude airspace.

The Eurocopter Group now is a wholly owned subsidiary of European Aeronautic, Defense & Space Co. (EADS) and is the world's largest helicopter maker. Airbus S.A.S., another big aircraft manufacturing subsidiary of EADS, is also one of the world's largest aircraft manufacturers.


In 2011, Eurocopter confirmed its position as the world's number one helicopter manufacturer with a turnover of EUR5.4 billion, 457 new orders and a 43 percent market share in the civil and paramilitary markets.


The turnover of Eurocopter China in 2011 reached EUR58 million, surging 70% on a year-on-year basis. It won EUR300 million worth of orders in China last year, capturing 40% of the Chinese market share.


Jiang Delong, Sales Director for Asia-Pacific Region of Eurocopter, claims that with the gradual opening of China's the low-altitude airspace, China's appetite for helicopters will grow rapidly.



It is estimated by relevant professional institution that there are more than 150,000 potential users of private aircraft in China. Private aircraft mainly consist of business aircraft and helicopters.



According to conservative estimations, helicopters possess about 20% of all private aircraft. The potential users of private helicopters in the country currently add up to 30,000.


If 10% of potential users were to buy helicopters, the sales of private helicopters would reach 3 thousand, the above-mentioned institution predicted. China is expected to overtake the United States as the world's largest private aircraft market 10 years from now.



China Aviation Industrial Helicopter Co., Ltd. (Avicopter) once forecasted that the year of 2012 marks the beginning of China's prospering private aircraft business. There will be a market upsurge in China's private aviation industry.



The reason for the market upsurge in China's helicopter market is that the government is opening and deregulating low-altitude airspace step by step.



In 2010, the State Council and the Central Military Commission released and distributed the "Opinions of the State Council and the Central Military Commission on Deepening the Reform of China's Low-altitude Airspace Management," pointing out for the first time that the opening and deregulating of low-altitude airspace will be promoted and carried out in three stages as experimenting, implementing, and deepening in the coming decade in step-by-step progress.


According to the "Opinions," by the year of 2015, Beijing, Lanzhou, Jinan, Nanjing, and Chengdu will be selected as trial areas for implementing the low-altitude airspace reforms. Besides, the trial job on integrated reforms of general aviation will be conducted in the central south China region and the northeast China region.


Li Jiaxiang, head of Civil Aviation Administration of China (CAAC), also points out that the government will also expand the experimenting of opening and deregulating airspace below 3,000 meters, seeking to achieve a full and comprehensive opening by the year of 2015.

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Old June 21st, 2012, 03:23 AM   #140
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IATA Conference foresees more large airlines collapsing in the next 12 months; all eyes on IATA
(WCARN.com/International Business Times, June 18)


Quote:
While the yearly gathering last week of the International Air Transport Association (IATA) in Beijing, China drew delegates from different airlines around the world, in the next 12 months attendees in the next summit could be down.

IATA President Tony Tyler did not gave a hint which air carriers would no longer be around in 2013, but he acknowledged that competition in the global aviation industry is becoming tighter and even the larger airlines run the risk of folding up.


The conference this year saw the absence of two long-time members of IATA - Malev, the flag carrier of Hungary for 56 years, and Spainair, which is the fourth largest air carrier in Spain and closed in January.


Industry observers are now monitoring Qantas, Australia's flag carrier whose shares plummeted to a record-low below AU$1 after the company issued a profit warning due to the weakness of its international operations.


Besides its labour problems and soaring jet fuel bills which other air carriers also suffer from, Qantas's losing international operations is due to stiff competition from Middle Eastern carriers such as Emirates and Etihad which are getting into Qantas' long-haul routes. As a result, only 20 percent of Australians use Qantas when they fly overseas.


Analysts said that after Qantas shares plummeted to an all-time low after it forecast its first annual loss in 17 years, the air carrier's shares are now undervalued by up to US$3 billion.


Analysts added that Qantas is so undervalued that it would attract bidders which led the air carrier to hire Macquarie Group to turn away unwanted private-equity bids. Now valued at 0.47 times its net tangible assets, the Qantas valuation is lower than any other air carrier in the industrialised world with over US$1 billion in market capitalization, except for Air France-KLM.


Escalating fuel bill had also eaten into profitability of airlines. Jet fuel now accounts for about one-third of airline operating costs from 13 percent 10 years ago. As a result, IATA forecasts the entire global aviation industry would have a profit of only US$3 billion for revenues of over US$600 billion. The bulk of that profit, however, would be enjoyed by few carriers that service China and other countries in the Asia-Pacific region.


Qantas Chief Executive Alan Joyce, now the new chairman of IATA, agreed that there are too many airlines for a shrinking market and the air carriers are fragmented. He believed it would be good to have more consolidations in the global aviation industry. International Airlines Group Chief Executive Willie Walsh agreed with Mr Joyce's analysis.


"Many will disappear. And you won't see new airlines appear. The barriers to entry are much higher now," The Guardian quoted Mr Walsh.


Mr Joyce said Qantas has not yet been approached formally by private-equity groups, but insisted, "Fair value for Qantas shares is a lot higher than it is today ... Our shareholders know we are on the right path."

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