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Wednesday, December 1st, 2021

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easyJet posts wider-than-expected headline fiscal 2021 pre-tax loss

easyJet Plc (easyJet) has posted a wider-than-expected headline loss for the fiscal year 2021 which the low-cost carrier has put down to the continued disruptive effect of the COVID-19 pandemic. The Luton, UK-based airline flew 58% fewer passengers compared to the prior-year period at 20.4 million. Total revenue declined by 52% which easyJet attributed to the first half of the prior-year period being relatively unaffected by the pandemic, though the company remains optimistic that it will reach pre-pandemic capacity by 2023.

For the year ending September 30, 2021, headline loss before tax widened to £1.14 billion from a loss of £835 million in the prior year. Reported loss before tax was £1.04 billion compared to a loss of £1.27 billion, last year. Total revenue decreased by 52% to £1.46 billion from £3.01 billion, the previous year. Passenger revenue decreased by 57% to £1.00 billion.

easyJet anticipates flying approximately 65% of 2019 capacity levels in the forthcoming first fiscal quarter with loads expected to be over 80%. Second fiscal-quarter capacity is projected to be approximately 70% of second-quarter 2019 levels. easyJet currently projects that fourth-quarter capacity will have recovered to roughly fourth-quarter 2019 capacity levels. The Board did not recommend the payment of a dividend in respect of the year ended 30 September 2021. The dividend policy will be reviewed by the Board during fiscal 2022.

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MENA Cargo Airlines awards ULD supply and management to Unilode

MENA Cargo Airlines, a dedicated full-service cargo airline of Bahrain-based MENA Aerospace Enterprises, has signed a five-year unit load device (ULD) supply, management and repair agreement with Unilode Aviation Solutions, a market leader in outsourced ULD management and repair services. MENA Cargo is in the midst of securing a fleet of dedicated and converted freighters as part of its expansion plans.

Under the new agreement, Unilode will supply digital containers and pallets from its shared ULD pool to MENA Cargo’s scheduled cargo flights and ad-hoc charters and provide repairs at the airline’s hub and other destinations.

Peter Hewett, General Manager and Director Ground Operations, MENA Cargo Airlines, said: “Our decision to partner with Unilode for the supply and management of ULDs for our start-up airline matches MENA Cargo’s business strategy, which is based on the principles of efficiency, flexibility and agility. As our ULD needs can greatly fluctuate depending on our cargo and charter requests, we were looking for a flexible and costeffective solution that we found in Unilode’s ULD management service. Having access to Unilode’s ULD pool and global repair network gives us peace of mind about container and pallet availability and allows us to concentrate on our cargo business. We are confident that Unilode’s ULD solutions will contribute to the success and growth of our airline.”

Keiron Mc Neill joins RAS completions and interiors as Managing Director

RAS aircraft completions and interiors – a subsidiary of JETMS and a family member of the Avia Solutions Group, has appointed Keiron Mc Neill as the company’s Managing Director.

Mc Neill arrives at RAS from his previous role as Chief Technical Officer for Loganair in the UK market. At Loganair he was a member of the airline’s leadership team charged with responsibility for the technical introduction of the Embraer 135/145 fleet along with the ATR 42/72 into the airline’s resources.

Mc Neill brings with him extensive experience gained with regional and international airlines, VVIP operations, the aviation resource industries in Europe, the Middle East and Australia with such prestigious names as Virgin Atlantic, BHP Billiton and the VVIP Bahrain Royal Flight. He has also undertaken many engineering leadership roles which stem from his foundation in Engineering as a UK/EASA-licensed aircraft engineer.

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AJW Group purchases A320 CFM56 engine for teardown

AJW Group, an independent aircraft component parts, repair and supply chain solutions provider has announced the purchase of a CFM56-5B engine for teardown to support its expanding engine inventory and engine management programmes.

The associated high-quality engine parts will be stored at AJW Groups global facilities to support the needs of worldwide A320 family operators. Customers will benefit from access to AJW’s pool of high-quality spare parts to support their ongoing operations.

Passenger numbers at Prague Airport increase by 213% during 2021 summer schedule

During the 2021 summer operational season, Prague Airport handled over three-million passengers, representing a year-on-year increase of 213%. The offer of connections comprised a total of 123 destinations, operated by 51 air carriers. Over a third of passengers used the services of Smartwings airlines. Air Navigation Services of the Czech Republic, a state-owned enterprise, provided its services to a total of 291,393 flights in the Czech airspace during the 2021 summer season, representing a 51% year-on-year growth.   

Last summer, most passengers headed to Amsterdam. The first choice of traditional holiday retreats was Hurghada; the most popular country became Greece, frequented by over 388 thousand passengers. During the 2021 summer operational season, i.e., from March 28 to October 30, 2021, Prague Airport handled a total of 3,090,115 passengers. When compared with the previous summer season, the number of serviced passengers grew by 213%.  

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Flying Colours inks sales and installation agreement with SmartSky

Flying Colours Corp., the international MRO and completions company, has signed an agreement with North Carolina-based SmartSky Networks to act as a sales and installation facility for SmartSky’s air-to-ground connectivity equipment. 

Sales and installation of the advanced antennas and aircraft base radio will be available through Flying Colours Corp.’ Peterborough, ON. and St. Louis, MO. locations. The continued strengthening of the business aviation sector is driving greater use of connected services for avionics, aircraft health monitoring and cabin WiFi. This is increasing the demand for inflight connectivity that is dependable, immediate and secure, and necessitating a wider variety of options for owners and operators.

The SmartSky Networks’ flagship equipment consists of two sleek antennas and a small aircraft base radio (ABR).  The antenna and radio design has been optimised for business aviation use by providing high-throughput to and from the aircraft – a key requirement for today’s cloud-native applications and services. Flying Colours will be providing the entire shipset through SmartSky’s latest Early Arrival promotion and already has equipment available for immediate installation on many STC’d aircraft types.

Atlas Air extends long-term agreement with DB Schenker

Atlas Air has extended its partnership with Schenker Flight Services GmbH (DB Schenker), one of the world’s largest integrated logistics service providers, to provide transpacific service.

Atlas Air’s relationship with DB Schenker includes supporting its global network by providing charter capacity service. The new arrangement builds on an agreement Atlas Air reached with DB Schenker in 2020, and extends the dedicated capacity, which Atlas Air provides on multiple flights every week.

Björn Eckbauer, Senior Vice President, Global Operations and Procurement Airfreight for DB Schenker, said that the flights Atlas Air provides have become an essential part of its global flight network. “We are excited to extend our current partnership with Atlas Air on our transpacific charter operations. The timely and reliable operation of Atlas Air fits perfectly into our commitment to provide our customers a reliable service for air transportation in their supply chain,” Eckbauer said.

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Accelya promotes Jim Davidson to President and Chief Strategy Officer

Accelya, a leading provider of technology solutions to the global airline and travel industry, has announced the promotion of Chief Product Officer Jim Davidson to President and Chief Strategy Officer. Additionally, John Johnston will be stepping down as CEO and transition to the role of Special Advisor, with Davidson immediately assuming day-to-day operational oversight of Accelya during the company’s search for its next CEO.

Davidson was CEO of Farelogix for more than 15 years prior to its acquisition by Accelya and brings with him extensive experience and a track record of innovation and customer-centric strategies. At Farelogix, Davidson oversaw the building of its New Distribution Capability (NDC) solutions and has been accelerating Accelya’s investment in NDC following the acquisition. The consolidated portfolio unlocks choice for airlines, enabling them to chart a path to retailing independence.

Embraer and Pratt & Whitney partner on 100% SAF flight demonstration programme

Embraer has signed a memorandum of understanding with Pratt & Whitney to collaborate on studies of 100% Sustainable Aviation Fuel (SAF). Technical teams from the two companies will engage to define an integrated ground and flight test plan for 100% SAF in a GTF-powered Embraer E195-E2 aircraft.

The initiative reflects Embraer´s and Pratt & Whitney’s shared commitment to supporting the aviation industry’s ambitious environmental goals, including the goal of reaching net zero CO2 emissions for air travel by 2050. Alongside efforts to continually improve aircraft and engine efficiency, SAFs have a critical role to play towards decarbonising air travel, by reducing dependence on fossil-based fuels.

SAFs are manufactured from renewable feedstocks, such as used cooking oil or municipal solid waste and may reduce lifecyle CO2 emissions by up to 80% relative to fossil-based jet fuel. Today, technical standards devised by ASTM International allow aircraft to operate with SAF at blends of up to 50% with kerosene. Collaboration among OEMs, fuel providers, and regulators, will enable new standards to certify operation with 100% SAF.
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Tamar Jorssen
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Email: tamar.jorssen@avitrader.com
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Tamar