40% jump in fuel price overshadows SIA’s progress in revenue

©Singapore Airlines

The SIA Group has reported an operating profit of S$426 million in the first half of the 2018/19 financial year, a decline of S$336 million (-44.1%) from last year’s restated profit of S$762 million. Excluding one-off items of S$175 million, however, the drop in operating profit would have been S$161 million (-27.4%). The decline was a consequence of a S$379 million (+20.4%) increase in fuel costs. Flown revenue for the Group rose by S$422 million, contributed by passenger flown revenue (+S$346 million or +5.8%) and cargo flown revenue S($76 million or +7.4%). Passenger flown revenue was lifted by an 8.8% Read more

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PANSA and IATA announce publication of first airspace strategy for Poland

PANSA (the Polish Air Navigation Service Provider) and the International Air Transport Association (IATA) have announced the publication of the first edition of an Airspace Strategy for Poland (ASP). It is anticipated that the demand for aviation in Poland will double over the next 20 years to an estimated 1.5 million flights per year. In that time, passenger volumes at Polish airports may increase to 68 million passengers a year. Poland will have to modernize its airspace and air traffic management (ATM) network to service this demand, while ensuring safety and improving environmental performance, plus reducing costs and delays. Successful Read more

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Hawaiian Airlines appoints Andrew Stanbury as Regional Director – Australia/New Zealand

Hawaiian Airlines has named Andrew Stanbury to the role of regional director for Australia and New Zealand, effective Jan. 2. Stanbury will be responsible for leading Hawaiian’s growing commercial activities in both countries. Stanbury brings to Hawaiian diverse international knowledge and experience. As executive general manager for global sales at Fiji Airways for the past three years, he has been responsible for all passenger revenue related functions, including distribution, channel management and alliance sales. He replaces Gai Tyrrell, who served as Hawaiian’s regional director for Australia and New Zealand from November 2014 until July 2018.

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JetBlue Airways reports October traffic

JetBlue Airways Corporation has reported its preliminary traffic results for October 2018. Traffic in October increased 9.5% from October 2017, on a capacity increase of 8.9%. Load factor for October 2018 was 82.9% an increase of 0.5 points from October 2017. JetBlue’s preliminary completion factor was 99.4% and its on-time performance was 78.8%. JetBlue continues to expect fourth quarter revenue per available seat mile (RASM) to range between 1.0 to 4.0%.

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Cebu Pacific Air adds A321s to AFI KLM E&M components contract

Cebu Pacific Air expands its component support contract with Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) to include seven A321ceo and 32 A321neo aircraft. This is on top of the component support agreement signed last year between Cebu Pacific and AFI KLM E&M covering its fleet of Airbus A320 aircraft. The array of services provided under the long-term contract includes component repairs from Europe and Singapore, as well as access to local spares pool. The contract extension bolsters AFI KLM E&M’s leadership position across the region, embodied in particular through its local joint venture with Sabena technics, Read more

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Flynas becomes first Saudi carrier to receive the A320neo

Flynas receives first A320neo aircraft ©Airbus

Flynas, Saudi Arabia’s first low-cost airline, has begun taking delivery of its first of 80 A320neo Family aircraft. This follows an agreement signed in January 2017, with deliveries scheduled to take place from 2018 to 2026. Flynas is the first operator in Saudi Arabia to acquire the A320neo and currently operates a fleet of 30 A320ceos. The A320neo, powered by CFM LEAP-1A engines, will support Flynas’ expansion plans while providing greater operational efficiency and passenger comfort. Saudi Arabia is the largest domestic aviation market in the Middle East. Since its inception in 2007, Flynas has set ambitious growth plans that Read more

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Frankfurt Airport and Fraport’s Group airports worldwide report rising passenger numbers

In October 2018, Frankfurt Airport (FRA) welcomed almost 6.4 million passengers – an increase of 5.2% year-on-year. Thus, traffic grew at a slightly more moderate rate compared to the previous months of the year. From January to October 2018, FRA experienced accumulated growth of 8.0%. Aircraft movements increased at a slightly disproportionately higher rate, climbing by 6.3% year-on-year to 46,551 takeoffs and landings. Cargo throughput (airfreight + airmail) contracted marginally by 1.0% to about 193,374 metric tons, reflecting lower demand in global trade. Accumulated maximum takeoff weights (MTOWs) rose by 4.1% to around 2.8 million metric tons. Across the Group, Read more

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Pratt & Whitney Canada delivers first PW127G engines destined for Canadian Fixed-Wing Search & Rescue operations

Pratt & Whitney Canada, has started delivering PW127G engines to Airbus Defence and Space in support of Canada’s Fixed-Wing Search and Rescue Aircraft Replacement project. The engines will be installed on specially configured Airbus C295 aircraft, which will be designated the CC-295 in Canada. The Canadian Department of National Defence (DND) is scheduled to receive the first of 16 CC-295 aircraft by the end of 2019. The DND intends to replace its existing search and rescue (SAR) fixed-wing aircraft with the CC-295. Pratt & Whitney Canada and Airbus Defence and Space have collaborated to offer the best possible aircraft to Read more

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New Honeywell Aerospace Safety Technology will reduce costly and sometimes fatal runway collisions

Honeywell has completed initial testing of its new safety technology that helps airlines and business jets avoid runway accidents and collisions. Developed under the Single European Sky Air Traffic Management Research program with program partners Airbus, Dassault and Eurocontrol, the software-based Surface Indications and Alert System (SURF IA) gives pilots visual and audio warnings about approaching hazards on the runway. In Europe, runway incursions, which can be costly and dangerous, occur at least twice daily. The technology is the latest among the safety-focused product breakthroughs and inventions that Honeywell has delivered to the aerospace industry, including SmartRunway and SmartLanding, the Read more

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Alton Aviation Consultancy names Brian Rynott as Managing Director

Bryan Rynott

Alton Aviation Consultancy has released that Brian Rynott has joined the company as a Managing Director. Based in New York, he will contribute across all of the firm’s advisory practices, with an emphasis on aircraft financing and leasing, airline advisory and restructuring, and strategy and management consulting engagements. Rynott is an accomplished aviation industry executive and leader, bringing Alton Aviation Consultancy and its clients nearly 20 years of experience. Prior to joining Alton, he held the position of Chief Investment Officer with Intrepid Aviation, a commercial aircraft lessor, where his primary responsibilities included implementing, managing and directing the company’s risk Read more

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