Bruce Drum (airlinersgallery)'s Photos
 

AirlinersGallery.com

Welcome to the Airliners Gallery, your landing site for the best in aviation photography. All of our images are available as framable prints and posters.

Hot New Photos - Top 80

Volotea's support of the Football Club Nantes Canaries

Volotea's support of the Football Club Nantes Canaries

Volotea Boeing 717-2BL EI-EWJ (msn 55171) (Allez les Canaris!) PMI (Javier Rodriguez). Image: 923836.

Welcome to the AG Gallery

AirTran Airways Boeing 717-2BD N996AT (msn 55140) DCA )Marcelo F. De Biasi). Image: 912073.

AirTran Airways Boeing 717-2BD N996AT (msn 55140) DCA )Marcelo F. De Biasi). Image: 912073.

You have landed at the AG - the Airliners Gallery, the online home of high-quality, high-resolution aviation stock images of jet and prop planes available as framable color prints and posters - perfect for collectors and as aviation gifts. Our color print sizes range from 4" (10.1 cm) x 6" (15.2 cm) (postcard size) all the way up to the large format 24" (62.2 cm) x 36" (92.7 cm), available in many beautiful finishes.

Our growing digital photo library offers the best aircraft pictures of airliners and airlines, past and present.

We serve the photographic needs of collectors, editors, writers, advertisers and creative airline personnel to build the best articles, advertisements, books, websites or collections. We offer our digital sharp images either as royalty-free, rights-managed, licensed or as prints.

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Please contact us airlinersgallery@gmail.com for any special assistance or photographic needs.

Thank you for your interest and support of the AG. Fasten your seat belt and enjoy the flight.

Bruce Drum, Manager, Airliners Gallery

Most Popular Aircraft, Airlines, Airports and Photographers (Click on Key Word for selection)

747200b 747400f a310 a319 a319100 a319111 a319112 a319132 a320 a320200 a320211 a320214 a320232 a321 a321200 a321231 a330 a330200 a330243 a330300 a330343x a340 a340300 a380 a380800 air canada air france airbus airbus a310 airbus a319 airbus a319100 airbus a320 airbus a320200 airbus a321 airbus a321200 airbus a330 airbus a330200 airbus a330300 airbus a340 airbus a340300 airbus a380 airbus a380800 alaska airlines all nippon airways american airlines ams amsterdam ana anc anchorage andi hiltl antalya antony j. best arlanda arn arnd wolf atl atlanta atr atr 72 atr 72212a ayt bae baltimorewashington bangkok beijing bfi bkk boeing boeing 707 boeing 727 boeing 727100 boeing 727200 boeing 737 boeing 737200 boeing 737300 boeing 737400 boeing 737500 boeing 737700 boeing 737800 boeing 747 boeing 747200 boeing 747400 boeing 747400f boeing 757 boeing 757200 boeing 767 boeing 767200 boeing 767300 boeing 777 boeing 777200 boeing 777300 boeing 787 boeing 7878 boeing field bombardier bombardier cl6002b19 bombardier crj200 bombardier crj700 bombardier dhc8 bombardier dhc8400 bombardier q400 brian mcdonough british airways bru bruce drum brussels bwi cdg charlotte christian volpati cl6002b19 clt continental airlines crj200 dc10 dc8 dc9 dca delta air lines delta connection dhc8 dhc8400 dhc8402 douglas dreamliner dub dubai dublin dulles dxb embraer embraer 190 embraer erj 170 embraer erj 190 embraer erj 190100 erj 170 erj 190 erj 190100 everett fll fokker fort lauderdale fort lauderdalehollywood fra frankfurt frontier airlines frontier airlines 2nd gatwick geneva gru gva hamburg heathrow hollywood iad javier rodriguez jay selman jetblue airways jfk jnb johannesburg john adlard karl cornil keith burton ken petersen las las vegas lax lgw lhr lockheed london los angeles lufthansa man marcelo f. de biasi mcdonnell douglas mcdonnell douglas dc10 mcdonnell douglas dc8 mcdonnell douglas dc9 mia miami michael b. ing narita new york nick dean nrt orly ory pae paine field palma de mallorca paris paul bannwarth paul denton pearson pek pmi q400 reagan national richard vandervord rolf wallner sao paulo sea seattle seattletacoma sen sin singapore southend southwest airlines star alliance stefan sjogren stockholm syd sydney tls tmk photography tokyo ton jochems tony storck toronto toulouse united airlines united express us airways washington yyz zrh zurich 707 727 737 747 757 767 777 787 7878 727100 727200 737200 737300 737400 737500 737700 737800 747200 747400 757200 767200 767300 777200 777300

Best Sellers (Prints and Posters)

TWA (Trans World Airlines) Douglas DC-9-14 N1056T (msn 45737) STL (Bruce Drum). Image: 101446.

TWA (Trans World Airlines) Douglas DC-9-14 N1056T (msn 45737) STL (Bruce Drum). Image: 101446.

Fallen Angels - Departed Airlines from the Past

Guernsey Airlines Vickers Viscount 724 G-BDRC (msn 52) EMA (SM Fitzwilliams Collection). Image: 910977.

Guernsey Airlines Vickers Viscount 724 G-BDRC (msn 52) EMA (SM Fitzwilliams Collection). Image: 910977.

Photo of the Day

New airline from Malta. Airline Color Scheme - Introduced 2014

FlyHermes.com (Hermes Aviation) (Malta) Boeing 737-4K5 9H-HER (msn 24901) BLQ (Marco Finelli). Image: 923122.

Latest Photos

Airline Logojets

Emirates Airline Boeing 777-31H ER A6-EGO (msn 35598) (1000th 777) DUB (Greenwing). Image: 909479.

Emirates Airline Boeing 777-31H ER A6-EGO (msn 35598) (1000th 777) DUB (Greenwing). Image: 909479.

Airbus Aircraft (Sampler)

Lufthansa Airbus A300B2-1C D-AIAE (msn 052) ORY (Christian Volpati). Image: 909239.

Lufthansa Airbus A300B2-1C D-AIAE (msn 052) ORY (Christian Volpati). Image: 909239.

Boeing Aircraft (Sampler)

First 777-300 in the white version of the 2013 livery

First 777-300 in the white version of the 2013 livery

Air New Zealand Boeing 777-319 ER ZK-OKR (msn 44546) AKL (Colin Hunter). Image: 923805.

Most Popular Photos (Thumbs Up - Be Sure to Vote on your Favorites)

Tor Air (Small Planet Airlines) Boeing 737-35B ES-LBD (msn 25069) ZRH (Rolf Wallner). Image: 907298.

Tor Air (Small Planet Airlines) Boeing 737-35B ES-LBD (msn 25069) ZRH (Rolf Wallner). Image: 907298.

Featured Gallery

Aeronaves de Mexico Douglas DC-9-15 XA-SOE (msn 47123) MEX (Christian Volpati). Image: 911072.

World Airline News

  • Tue, 29 Jul 2014 12:25:20 +0000

    Airbus terminates the order for six Airbus A380s for Skymark Airlines

     

    A380 MSN162 SKYMARK TRANSFER TO  STATION 30

    Airbus (Toulouse) has issued this short statement:

    Following discussions with Skymark Airlines (Tokyo) and in light of the airline’s expressed intentions in respect of the A380, Airbus has in accordance with its contractual rights, notified Skymark Airlines that the purchase order for the six A380s signed in 2011 has been terminated. Airbus is reserving all its rights and remedies.

    Read more background information from ZipanguFlyer: CLICK HERE

    Copyright Photo: Airbus. Msn 162 was due to become JA380A with Skymark. It will now go to another operator.

    Skymark Airlines: AG Slide Show

     


    Filed under: Skymark Airlines Tagged: A380, A380-800, Airbus, Airbus A380, Airbus A380-800, JA380A; 162; A380-841, Skymark Airlines, TLS, Toulouse
  • Tue, 29 Jul 2014 12:00:41 +0000

    Boeing delivers the first 787-9 to ANA

    Boeing (Chicago and Seattle) and All Nippon Airways (ANA) (Tokyo) yesterday (July 28) celebrated the delivery of the airline’s first 787-9 Dreamliner.

    ANA will become the world’s first airline to operate both the 787-8 and 787-9 variants of the Dreamliner family when the airline launches 787-9 services on domestic Japanese routes in August.

    With this delivery, ANA will have 29 787s in its fleet, more than any other operator in the world.

    The 787-9 complements and extends the 787 family. With the fuselage stretched by 20 feet (6 meters) over the 787-8, the 787-9 will fly up to 40 more passengers an additional 450 nautical miles (830 kilometers) with the same exceptional environmental performance – 20 percent less fuel use and 20 percent fewer emissions than similarly sized airplanes.

    ANA has 29 more 787-9s on order with commitments for 14 more. Sixty customers from around the world have ordered more than 1,000 787s, with more than 160 currently in operation.

    Copyright Photo: Steve Bailey/AirlinersGallery.com. Boeing 787-9 N1792B (msn 34522) became JA830A on the handover.

    ANA: AG Slide Show


    Filed under: ANA-All Nippon Airways Tagged: 34522, 787, 787-9, 787-9 Dreamliner, All Nippon Airways, ANA, ANA-All Nippon Airways, BFI, Boeing, Boeing 787, Boeing 787-9, Boeing 787-9 Dreamliner, Boeing Field, JA830A, N1792B, Seattle
  • Mon, 28 Jul 2014 18:56:48 +0000

    Are the days numbered for Martinair?

    Martinair‘s (Amsterdam) days could be number. The cargo subsidiary of the Air France-KLM Group could be sold to a third party and even shut down i.e. “internal restructuring”. The cargo divisions of the Air France-KLM Group continue to bring down the group financially. As part of its first half financial report, the Group issued this statement concerning the cargo divisions, including Martinair:

    Second Quarter 2014 cargo revenues amounted to 669 million euros, down 5.1% and by 1.9% on a constant currency basis. Faced with a slower than expected recovery, the group continued to reduce full-freighter capacity (down 8.6%). In consequence, total capacity decreased by 2.0%. Traffic decreased by 1.6%, leading to a 0.3 point increase in load factor to 63.2%. Unit revenue per Available Ton Kilometer (RATK) increased by 1.1% on a constant currency basis (-2.1% on a reported basis).

    The operating result improved slightly to -45 million euro, up 5 million euros.

    The recovery in demand being slower than expected, the group has initiated a strategic review of its full-freighter business, with different scenarios under consideration. Having already decided in October 2013 to reduce its full-freighter fleet to 2 aircraft in Paris and 8 aircraft in Amsterdam by 2015, the group is now looking to further reduce its Amsterdam-based full-freighter exposure either through a partnership with a third party or through internal restructuring. In consequence, the group has recorded an impairment of 106 million euros in its Second Quarter 2014 accounts.

    First Half 2014 cargo revenues amounted to 1,344 million euros, down 4.3% and by 1.6% on a constant currency basis. Traffic was stable for a -1.5% decline in capacity, leading to a 1.0 point increase in load factor to 64.0%. Unit revenue per Available Ton Kilometer (RATK) was stable on a constant currency basis (down 2.7% on a reported basis).

    On a constant currency basis, cargo unit cost was down 1.7% in the First Half (down 3.9% on a reported basis). The operating result improved by 21 million euros to -79 million euros.

    Will Martinair be sold or disbanded? It is unlikely to remain as it is today.

    Copyright Photo: Ton Jochems/AirlinersGallery.com. McDonnell Douglas MD-11 (F) PH-MCY (msn 48445) taxies at the Amsterdam base.

    Martinair: AG Slide Show


    Filed under: Martinair Tagged: 48445, Air France, Air France-KLM Group, AMS, Amsterdam, KLM, KLM Royal Dutch Airlines, Martinair, McDonnell Douglas, McDonnell Douglas MD-11, McDonnell Douglas MD-11F, MD-11, MD-11F, PH-MCY
  • Mon, 28 Jul 2014 16:45:35 +0000

    Malaysia Airlines considers a new name, brand and livery

    Malaysia Airlines (Kuala Lumpur), owned by a majority share by a holding company of the Malaysian government, is considering changes in the the wake of the two tragic accidents this year.

    According to RT.com, the government is considering a rebrand, a different ownership restructure, a possible new name and an adjustment of its route network.

    Malaysia Airlines is very likely to change.

    As far as the livery, the two ill-fated Boeing 777-200 ERs wore the older 1987 livery (above) which features the red and blue Kelantan Wau Bulan (Moon Dragon Kite) tail logo which has been seen in the headlines over and over, especially with the debris in eastern Ukraine. Any brand refresh would probably retire this iconic and historic logo.

    Read the full article: CLICK HERE

    Top Copyright Photo: Richard Vandervord/AirlinersGallery.com. Boeing 737-8FZ 9M-MLH (msn 31723) is pictured in action at Phuket, Thailand in the 1987 color scheme.

    Malaysia Airlines: AG Slide Show

    Below Copyright Photo: Ivan K. Nishimura/AirlinersGallery.com. Malaysia refreshed the red and blue Kelantan Wau Bulan (kite) livery in 2010 with this new twin arc look while retaining the kite tail logo. Boeing 737-8H6 9M-MSE (msn 40147) passes through Honolulu on delivery.

    Below Copyright Photo: Michael B. Ing/AirlinersGallery.com. When Malaysia introduced the new Airbus A380, the airline unveiled this special A380 livery (for only the A380s) in 2012. The red and blue kite morphed into a blue kite for the A380s. Is this enough of a change? Probably not. Airbus A380-841 9M-MNB (msn 081) departs from London (Heathrow).

    Bottom Copyright Photo: Christian Volpati/AirlinersGallery.com. When MSA was split into Malaysian Airline System (MAS) and Singapore Airlines, Malaysian (later Malaysia Airlines) originally introduced this livery in 1972. As you will note, the original livery featured a red and white kite tail logo. Dropping this historic logo will be a tough decision for the airline but unfortunately it is now a tarnished logo. Boeing 737-2H6 9M-MBH (msn 20926) prepares to depart from the gate at Kuala Lumpur.

    Poll:

     


    Filed under: Malaysia Airlines Tagged: 081, 20926, 31723, 40147, 737, 737-200, 737-2H6, 737-800, 737-8FZ, 737-8H6, 9M-MBH, 9M-MLH, 9M-MNB, 9M-MSE, A380, A380-800, A380-841, Airbus, Airbus A380, Airbus A380-800, Boeing, Boeing 737, Boeing 737-200, Boeing 737-800, Heathrow, HKT, HNL, Honolulu, Kelantan Wau Bulan, LHR, London, Malaysia, Malaysia Airlines, Malaysia Airlines color scheme, Malaysia Airlines liveries, Malaysian Airline System, Phuket
  • Mon, 28 Jul 2014 15:22:28 +0000

    Jetairfly to expand flights to Florida

    Jetairfly (TUI Airlines Belgium) (Brussels) will return to Sanford (near Orlando) on October 24 where it will operate twice weekly Boeing 767-300 ER flights on a Brussels-Miami-Sanford-Brussels routing per Airline Route.

    The carrier will also add a separate third weekly return trip to Miami.

    Copyright Photo: Ton Jochems/AirlinersGallery.com. Boeing 767-341 ER OO-TUC (msn 24844) taxies from the gate at Brussels.

    Jetairfly: AG Slide Show


    Filed under: Jetairfly Tagged: 24844, 767, 767-300, 767-341, Boeing, Boeing 767, Boeing 767-300, BRU, Brussels, Jetairfly, Miami, OO-TUC, Orlando, Sanford, TUI Airlines Belgium
  • Mon, 28 Jul 2014 14:53:20 +0000

    United to end San Francisco-Guadalajara serve on September 21

    United Airlines (Chicago) will end service to Guadalajara, Mexico from its San Francisco hub on September 21 per Airline Route.

    Copyright Photo: Mark Durbin/AirlinersGallery.com. Airbus A320-232 N475UA (msn 1495) taxies from the gate at San Francisco International Airport (SFO) in the retro 1972 “A320 Friend Ship” color scheme.

    United Airlines (current livery): AG Slide Show

    United Airlines (historic liveries): AG Slide Show


    Filed under: United Airlines Tagged: 1495, A320, A320-200, A320-232, Airbus, Airbus A320, Airbus A320-200, guadalajara, N475UA, San Francisco, san francisco hub, san francisco international airport, SFO, United Airlines
  • Mon, 28 Jul 2014 14:07:55 +0000

    Delta announces free entertainment options on all domestic aircraft

    Delta 777-200 Economy Inflight Entertainment (Delta)(LRW)

    Delta Air Lines (Atlanta) today announced it will begin offering free entertainment options on all of its domestic aircraft and two-cabin regional jets beginning on August 1.

    According to the airline;

    “The move is the most far-reaching effort by an airline to provide hit movies, popular television shows, music and video games for free. With the introduction of Delta Studio and the airline’s investments to update the interiors of its aircraft, Delta is setting the standard for customers when it comes to free entertainment across more than 1,000 aircraft.”

    All Delta customers, in every class of service on flights longer than one and a half hours, will have access to a selection of free entertainment options, either at their seat or through their laptops, mobile and tablet devices. Free entertainment options are available on flights with seat-back entertainment systems or on demand video streaming onboard Delta’s Wi-Fi-equipped aircraft.

    “Through the introduction of Delta Studio our customers have yet another reason to choose Delta and a different travel experience,” said Tim Mapes, senior vice president – Marketing. “Delta continues to be driven by customer feedback which has consistently placed the desire to be entertained at the top of the list of ways to improve our customers’ time in the air.”

    Delta customers seated in BusinessElite, First Class and Economy Comfort will have free, unrestricted access to in-flight entertainment on all international flights worldwide. Customers traveling in economy on all international flights will also have access to free content. Delta completed installation of seat-back entertainment systems on its international fleet in 2013.

    Customers traveling on domestic flights in BusinessElite, First Class and Economy Comfort will have free access to all in-flight entertainment. Domestic economy customers will have access to free content which includes all of Delta’s live satellite TV channels, music selections and game options through seat-back entertainment systems as well as movie or TV selections such as ‘The Hunger Games: Catching Fire’ or ‘Frozen’ on seat-back systems in August as well as streaming content through in-flight Wi-Fi.

    Additional premium content will be available for purchase in economy including the latest movie titles such as ‘Need for Speed’ or ‘Rio 2,’ HBO and SHOWTIME programming as well as on-demand TV shows like ‘About a Boy’ or ‘The Middle.’ Delta’s full entertainment line-up for the month of August is available in Sky magazine.

    Delta 737 Economy In-Flight Entertainment (Delta)(LRW)

    Seat-back In-flight Entertainment

    Delta offers 18 channels of live satellite TV on select aircraft and up to 250 movies, hundreds of TV shows, 2,300 songs and a selection of games on aircraft with seat-back entertainment systems. Delta is the only U.S. carrier to offer personal, on-demand entertainment at every seat on all long-haul international flights.

    Delta has 140 domestic aircraft with seat-back entertainment systems installed and recently announced that it will be updating more of its domestic narrowbody aircraft through 2016. These fleet interior modifications will add seat-back entertainment to 56 Boeing 757-200, 43 Boeing 737-800s and 57 Airbus A319 aircraft. Additionally, more than 100 new Airbus and Boeing aircraft are already scheduled to be delivered with seat-back entertainment through 2018.

    In-flight streaming through onboard Wi-Fi

    Customers traveling on any domestic Delta or Delta Connection two-cabin aircraft equipped with Wi-Fi will be able to stream free movies and TV options directly to their mobile devices while in flight by using Gogo’s video player app. The Fly Delta app will include an integrated player for iOS devices. Customers who have downloaded the app before their flight can easily access streamed content from Delta aircraft for playback while in-flight.

    With more than 900 domestic and international aircraft equipped with in-flight Wi-Fi, Delta operates the world’s largest fleet of internet connected aircraft available to more than 400,000 customers on more than 4,000 flights daily. Delta’s in-flight connectivity continues to expand with the installation of the service on its international fleet. All Boeing 777, 767, 747, Airbus A330 and trans-oceanic Boeing 757 aircraft are scheduled for completion by the end of 2015, bringing the total number of Wi-Fi connected aircraft in Delta’s fleet to more than 1,000.

    Artist Spotlight and Billboard Partnership

    In June, Delta also launched its new music discovery platform for popular and emerging artists called Delta Artist Spotlight. The monthly program kicked off with newcomer Sam Smith and his debut album, ‘In The Lonely Hour’ by introducing his music to millions of passengers through overhead music during boarding and deplaning as well as offering custom content selections for aircraft equipped with seat-back entertainment systems. July featured Scottish electronic band Chvrches and Canadian-born songstress Kiezsa will be highlighted in the month of August.

    Delta launched an industry-first partnership with Billboard in July to provide new ergonomically designed earbuds on flights more than 250 miles that feature seat-back and overhead entertainment. As one of the world’s most influential music brands, Billboard brings a new level of expertise to the redesigned earbuds resulting in better sound quality and improved comfort. The earbuds are complimentary for all customers traveling on all international flights as well as flights between New York and Los Angeles, San Francisco or Seattle/Tacoma. Customers seated in domestic economy or Economy Comfort can purchase the earbuds for $2.

    Copyright Photos: Delta Air Lines.

    Delta Air Lines Aircraft Slide Show (Current Livery): AG Slide Show


    Filed under: Delta Air Lines, Uncategorized Tagged: Delta Air Lines
  • Mon, 28 Jul 2014 13:26:26 +0000

    American to introduce the Miami to Cap-Haitien, Haiti route on October 2

    American Airlines (Dallas/Fort Worth) will launch new daily service between Miami International Airport (MIA) and Cap-Haitien, Haiti (CAP), adding a new international destination to the airline’s growing global network. Customers can now book travel on the new route for travel beginning October 2, 2014, subject to government approval.

    The new route supplements American’s long-standing service to Port-au-Prince, Haiti, and will be operated with a Boeing 737-800.

    Copyright Photo: Luimer Cordero/AirlinersGallery.com. Boeing 737-823 N980AN (msn 33203) arrives at the Miami hub.

    American Airlines (current): AG Slide Show


    Filed under: American Airlines Tagged: 33203, 737, 737-800, 737-823, American Airlines, Boeing, Boeing 737, Boeing 737-800, cap haitien, Cap-Haitien Haiti, daily service, Haiti, Miami, Miami International Airport, N980AN
  • Mon, 28 Jul 2014 13:09:40 +0000

    Virgin America to go public, 2014 Giants logo jet is unveiled with photos of dedicated fans!

    Virgin America Inc. (San Francisco) today announced that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering (IPO) of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined.

    Barclays and Deutsche Bank Securities are acting as joint book-running managers and as representatives of the underwriters for the proposed offering.

    A registration statement relating to the offering of Virgin America’s securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

    Copyright Photo: Mark Durbin/AirlinersGallery.com. As we reported in June, Virgin America announced a new contest for dedicated San Francisco Giants baseball fans to be pictured on an Airbus A320. Airbus A320-214 N849VA (msn 4991) has now been unveiled in its latest 2014 version with features the words “Fly Together” which is actually composed of small pictures of SF Giants fans who won the contest!

    Virgin America: AG Slide Show


    Filed under: Virgin America Tagged: 4991, A320, A320-200, A320-214, Airbus, Airbus A320, Airbus A320-200, Fly Together, Giants, N849VA, San Francisco, San Francisco Giants, SFO, Virgin America
  • Sun, 27 Jul 2014 16:09:28 +0000

    Air France-KLM reduces its first half net loss to $824.6 million

    Air France (Paris) and KLM Royal Dutch Airlines (Amsterdam) reported a net loss of €614 million ($824.6 million), an improvement of €185 million ($248.4 million).

    As part of the expanding Transavia lower-fare operations the Group issued this statement:

    In the Second Quarter of 2014, Transavia capacity was up 4.8%, reflecting the accelerated development of Transavia France (up 10%) and the repositioning of Transavia Netherlands (up 3% including a 6% reduction in charter capacity). Traffic rose 6.0%, leading to a record high load factor of 90.7% (up 0.9 point). Unit revenue was down 1.7%. Transavia’s total revenue stood at 296 million euros, up 5.0%. The operating result was -6 million euros, down 3 million euros year-on-year.

    In the First Half of 2014, Transavia traffic increased by 6.9% for capacity up 5.8%, leading to a 0.9 point increase in load factor to 89.2%. Unit revenue was down 2.6%. Total revenue stood at 435 million euros, up 4.5%, while the unit cost per ASK decreased by 0.8%, but increased by 0.5% on a constant currency basis. The operating result decreased by 10 million euros to -64 million euros, mainly due to the ramp up of Transavia France.

    Overall the Group issued this outlook:

    Delivery on the Transform 2015 plan is fully on track. However, as indicated at the beginning of the month, the operating environment remains tough, with industry overcapacity on certain long-haul routes, notably North America and Asia, impacting yields. This trend comes on top of the persistently weak cargo demand and the challenging situation in Venezuela already identified in the First Quarter.

    Under these conditions, as indicated at the beginning of the month, 2014 EBITDA is expected to be between 2.2 and 2.3 billion euros. Strong capital discipline will enable the group to remain on track in terms of debt reduction and achieve its objective of 4.5 billion euros in net debt in 2015.

    Read the full report: CLICK HERE

    Top Copyright Photo: Brian McDonough/AirlinersGallery.com. Air France’s Airbus A380-861 F-HPJE (msn 052) with the special logo to celebrate 50 years of France-China diplomatic relations.

    Air France: AG Slide Show

    KLM: AG Slide Show

    Transavia (Netherlands): AG Slide Show

    Transavia (France): AG Slide Show

    Hop!: AG Slide Show

    Fleet Information:

    Air France 6.30.14 Fleet (LRW)

    KLM 6.30.14 Fleet (LRW)

    Bottom Copyright Photo: TMK Photography/AirlinersGallery.com. Boeing 747-406 PH-BFF (msn 24202) completes its final approach to the runway at Toronto (Pearson).


    Filed under: Air France, Hop!, KLM Royal Dutch Airlines, Transavia Airlines (France), Transavia Airlines (Netherlands) Tagged: 052, 24202, 747, 747-400, 747-406, A380, A380-800, A380-861, Air France, Airbus, Airbus A380, Airbus A380-800, Boeing, Boeing 747, Boeing 747-400, Dulles, F-HPJE, France China, Hop!, IAD, KLM Royal Dutch Airlines, Pearson, PH-BFF, Toronto, Transavia, Transavia Airlines (France), Transavia Airlines Netherlands, Transavia France, Transavia Netherlands, Washington, YYZ
  • Sun, 27 Jul 2014 14:08:01 +0000

    Delta to launch the Salt Lake City-Amsterdam route on May 1

    Delta Air Lines (Atlanta) will launch a new international route from its Salt Lake City hub to KLM’s Amsterdam hub on May 1. The new route will be operated five days a week using Boeing 767-300 aircraft according to Airline Route. It will become daily service on May 17.

    Copyright Photo: Michael B. Ing/AirlinersGallery.com. Boeing 767-3P6 ER N156DL (msn 25354) arrives at Tokyo (Narita).

    Delta Air Lines (current): AG Slide Show


    Filed under: Delta Air Lines Tagged: 25354, 767, 767-300, 767-3P6, Amsterdam, Boeing, Boeing 767, Boeing 767-300, Delta Air Lines, N156DL, Narita, NRT, salt lake city, Tokyo
  • Sun, 27 Jul 2014 13:10:53 +0000

    Chautauqua Airlines to be merged into Shuttle America, ending a long career

    Republic Airways Holdings (Indianapolis) is an airline holding company that owns Chautauqua Airlines, Republic Airlines (2nd) and Shuttle America. The group is consolidating operations in order to reduce costs.

    CEO Bryan Bedford issued a short statement to the employees of the group concerning the closure of Chautauqua Airlines before the end of the year. The group intends to consolidate the Chautuaqua Embraer ERJ operations into the Shuttle America operating certificate. Chautauqua will be shut down.

    Chautauqua Airlines was established on May 3, 1973, in Jamestown, Chautauqua County, New York State and began operations on August 1, 1974 using two 15-passenger Beech 99 aircraft. It was one of earliest Allegheny Commuter carriers. It became an USAir Express (later US Airways Express) carrier in 1979.

    Besides the Allegheny/USAir/US Airways lineage, Chautauqua has operated under the America West Express, American Connection, Continental Express, Frontier Airlines (2nd), Midwest Connect, Trans World Express and United Express brands.

    Copyright Photo: Jay Selman/AirlinersGallery.com. SAAB 340A N125CH (msn 125) displays 1976 Allegheny Commuter livery.


    Filed under: Chautauqua Airlines, Republic Airways Holdings, Shuttle America Tagged: 125, 340, 340A, Allegheny Commuter, Chautauqua Airlines, N125CH, Republic Airways Holdings, SAAB, SAAB 340A, SF340A, Shuttle America
  • Sat, 26 Jul 2014 14:15:27 +0000

    Flybe to fly the Aberdeen-London City route, replacing British Airways

    Flybe (Exeter) is saving the Aberdeen to London City route, with twice daily flights starting on Monday, October 27, 2014. The route be flown with the pictured Bombardier DHC-8-402 (marketed as the Q400).

    The news follows British Airway’s recent announcement that it would be withdrawing from the route at the end of the summer season, and after serious concern around the future of the service that is considered crucial given passenger demand that reflects the strength of the economy in the north of Scotland.

    The airline has also announced five more routes to its 2014-15 Winter Schedule including two that are brand new, namely between Birmingham and Berlin (Tegel) with Embraer 175 aircraft and from East Midlands to Aberdeen (weekdays) also with Embraer 175 aircraft. The airline’s daily service between Exeter and Newcastle also returns from October 26, together with two winter ski routes to Geneva from Cardiff and Inverness that start on 20th December 20.

    In total, Flybe’s 2014-15 Winter program now features 105 routes offering customers a choice of up to 2,809 flights a week: 16 routes being brand new, with a further 11 that include seasonal routes returning or being extended for the first time through winter.

    Copyright Photo: Nik French/AirlinersGallery.com. Once painted in the special “Low cost, but not at any cost” color scheme, Bombardier DHC-8-402 (Q400) G-JEDP (msn 4085) is now painted in the 2014 purple livery.

    Flybe: AG Slide Show

    Current Flybe routes from London (City):

    Flybe LCY 7.2014 Route Map

     


    Filed under: Flybe Tagged: 4085, Aberdeen, Bombardier, Bombardier DHC-8, Bombardier DHC-8-402, Bombardier Q400, DHC-8, DHC-8-400, DHC-8-402, Flybe, G-JEDP, London City, london city airport, MAN, Manchester, Q400
  • Sat, 26 Jul 2014 13:21:14 +0000

    Norwegian continues to build up its presence at London’s Gatwick Airport, reports a 2Q net profit of $20.5 million

    Norwegian Air Shuttle’s (Norwegian.com) (Oslo) route network from London Gatwick continues to expand. Norwegian is adding four new destinations this winter; Madeira and La Palma for the sun-seekers and Grenoble and Salzburg for the ski enthusiasts.

    Norwegian is also increasing the number of weekly departures on its routes from London Gatwick to Lanzarote, Rome and Larnaca.

    From October 28 and November 1, respectively, Norwegian offers sun-seekers two weekly flights from London Gatwick to the Portuguese island of Madeira and one weekly flight to La Palma in the Canary Islands. Those more keen on white and powdery conditions in the Alps this winter, can from December 13 fly nonstop to Grenoble and Salzburg once a week.

    Today, Norwegian is a major player at London Gatwick airport. The airline established a crew base at the airport in 2013 and now offers 41 routes from London Gatwick. Norwegian has eight Boeing 737-800 aircraft based at London Gatwick today as well as around 90 pilots and 200 cabin crew members.

    On the financial side, Norwegian (NAS) reported a second quarter 2014 net profit of 128 million NOK ($20.5 million). According to the carrier, “The second quarter is characterized by strong growth and a record high load factor, and influenced by significant, one-off costs, a weak Norwegian currency and high oil prices. The strike from labor union Parat earlier this year alone cost Norwegian over 100 million NOK in lost revenue.

    The second quarter figures also reflect Norwegian’s growth strategy and the company’s goal to fill all its new seats. Despite significant costs related to the start-up of the long-haul operation and higher costs due to the weak Norwegian currency, the unit cost (CASK) is down, strengthening Norwegian’s competitive advantage further. Over the past year, Norwegian has introduced seven Dreamliner aircraft to its long-haul operation.

    The total revenue in the second quarter was over 5 BNOK, up 26 percent from the same quarter last year. The pre-tax result (EBT) was -137 MNOK. 6.4 million passengers chose to travel with Norwegian during the second quarter, which is an increase of 16 percent and almost 900 000 passengers more than the same period last year. The company’s traffic growth (RPK) was considerably higher at 46 percent, which reflects that each of Norwegian’s passengers on average flies significantly longer than they did a year ago.”

    Record high load factor

    Norwegian realized a strong production growth (ASK) of 41 percent. The growth is, naturally, stronger in new markets. Despite Norwegian’s strong capacity growth, the company is still filling its seats. The load factor in this quarter was 80 percent, up three percentage points from the same quarter last year, which is record high for a second quarter.

    Copyright Photo: Ton Jochems/AirlinersGallery.com. Boeing 737-8JP LN-NGT (msn 41125) taxies at Palma de Mallorca (PMI) with Anton K.H. Jakobsen on the tail.

    Norwegian: AG Slide Show

    Current routes from London Gatwick:

    Norwegian 7.2014 LGW Route Map (LRW)


    Filed under: Norwegian Air Shuttle, Norwegian Long Haul, Norwegian.com, Uncategorized Tagged: 41125, 737, 737-800, 737-8JP, Boeing, Boeing 737, Boeing 737-800, LN-NGT, london gatwick, london gatwick airport, Norwegian Air Shuttle, Norwegian.com, Palma de Mallorca, PMI
  • Sat, 26 Jul 2014 11:06:32 +0000

    Ryanair to launch new Manchester winter services

    Ryanair (Dubin) has announced it will launch a new Manchester winter route to/from Shannon as part of an extended Manchester winter 2014 schedule, with 24 routes in total, including four other new routes to Barcelona, Fuerteventura, Gran Canaria and Lisbon and extra frequencies to Madrid, Riga and Rome.

    Copyright Photo: Paul Bannwarth/AirlinersGallery.com. Boeing 737-8AS EI-DPK (msn 33610) arrives for landing at Tenerife Sur.

    Ryanair: AG Slide Show

     


    Filed under: Ryanair Tagged: 33610, 737, 737-800, 737-8AS, Boeing, Boeing 737, Boeing 737-800, EI-DPK, Gran Canaria, Manchester, Ryanair, Shannon, Tenerife, Tenerife South, Tenerife Sur, TFS
  • Fri, 25 Jul 2014 21:30:59 +0000

    ANA to become the first operator of the stretched Boeing 787-9 on August 4

    ANA (All Nippon Airways) (Tokyo) will become the world’s first airline to operate the new stretched version of the Boeing Dreamliner when it launches services on domestic Japanese routes in August with the 787-9 variant of the aircraft.

    Deliveries to ANA of the 787-9, an extended fuselage model of the aircraft, from Boeing’s Everett site in Washington are due to begin on July 27. The first aircraft will arrive in Tokyo on July 29. The aircraft achieves even better fuel economy than the 787-8, recording an improvement of 23% (*1), and also has approximately 20% more seating and cargo capacity (*2), resulting in a further reduction in operating costs. The aircraft will contribute to the continued expansion of ANA’s business, particularly in its international network.

    In advance of bringing the plane into scheduled commercial service, ANA is going to operate a special commemorative flight for the ‘Dreamliner’ on August 4, 2014. ANA will fly Japanese and American elementary school children living in Japan on a flight for the next generation of air passengers. The aircraft will fly from Tokyo’s Haneda Airport to fly over Mount Fuji, one of Japan’s best known landmarks and newest World Heritage Site. The TOMODACHI logo will be displayed on the new aircraft, in support of the initiative to strengthen Japanese-US ties.

    ANA 787-9 DomoDachi (ANA)(LR)

    About the TOMODACHI logo:

    ANA signed the sponsorship agreement in 2012 for the public-private partnership TOMODACHI Initiative led by the US Embassy in Japan and the US-Japan Council to strengthen US-Japan ties. An opportunity was created to promote these principles and expand these activities by displaying the TOMODACHI logo on three aircraft to fly on routes between the US and Japan.

    While the aircraft is expected to show lower operating costs and improved environmental performance as a result of even better fuel economy, the 787-9, like the 787-8, makes use of state-of-the-art technology to provide customers with a new level of in-flight comfort through innovations such as improved cabin humidity, reduced discomfort from cabin pressure changes, and larger windows and luggage storages.

    ANA’s first 787-9 will be delivered with domestic route specifications and will be equipped with 395 seats, 60 more than the 787-8 when flown on domestic routes. The aircraft will begin service on domestic routes from August onwards and, from the next fiscal year beginning in April, 2015, ANA will introduce the new aircraft on international routes. ANA was the launch customer for the Dreamliner and is the world’s biggest operator of the 787, having ordered a total of 80 aircraft, including 36 787-8s (28 already delivered) and 44 787-9s.

    The fuel savings achieved from the 787 aircraft already in service are sufficient to operate 500 round trips from Tokyo to Frankfurt and are reducing CO2 emissions by 150,000 tons a year. When all 80 Dreamliners are in operation, the CO2 reduction will be 450,000 tons, with enough fuel saved to operate 1,400 round trips to Frankfurt.

    The introduction of this new, advanced aircraft will accelerate ANA’s growth strategy including the development of new routes and increased flight frequencies on existing routes, enabling ANA to serve passengers better and making it even more competitive.

    (*1) The fuel economy comparison is based on the Boeing 767-300 ER
    (*2) The seat number comparison is based on the number of seats in cabins fitted for domestic routes.

    The cargo comparison is based on the cargo capacity by weight.

    ANA 787-9 Seating (ANA)(LR)

    ANA CEO’s statement on the reliability and performance of the new 787 batteries:

    A year has passed since we recommenced regular flights of Boeing 787 on June 1 of last year with a comprehensive battery strategy after the emergency landing of ANA Flight 692 at Takamatsu Airport on January 16 of last year.

    Since then we have operated approximately 26,000 flights with over 4.7 million passengers and about 100,000 tons of cargo and mail. Regarding the renovated batteries, we have monitored their operating conditions on a daily basis and regularly removed them from the aircraft for inspection. We have confirmed that they are operating normally.

    The ANA Group is making every effort to ensure safe flight operations in order to provide peace of mind to our customers. We look forward to serving you on board the comfortable and environmentally friendly 787.

    Osamu Shinobe
    President & CEO
    All Nippon Airways, Co. Ltd.

    June 2, 2014

    On-Time Reliability of the 787 versus the 777 and 767:

    ANA 787 On-Time Reliability

    Copyright Photo: Steve Bailey/AirlinersGallery.com (click on the photo for the full size view). Boeing 787-9 N1792B (msn 34522) will become JA830A on the handover.

    ANA: AG Slide Show


    Filed under: ANA-All Nippon Airways Tagged: 34522, 787, 787-9, 787-9 Dreamliner, All Nippon Airways, ANA, ANA-All Nippon Airways, BFI, Boeing, Boeing 787, boeing 787 dreamliner, Boeing 787-9, Boeing 787-9 Dreamliner, Boeing Dreamliner, Boeing Field, first operator of the Boeing 787-9, JA830A, King County, N1792B, Seattle
  • Fri, 25 Jul 2014 20:40:22 +0000

    LAN Airlines to add back the Boeing 787 on the Santiago-Lima-Los Angeles route on October 14

    LAN Airlines (Chile) (Santiago) will resume Boeing 787-8 Dreamliner service on the Santiago-Lima-Los Angeles route on October 14. The 787 will replace a Boeing 767-300 on a daily basis per Airline Route.

    Copyright Photo: Alvaro Romero/AirlinersGallery.com. Boeing 787-8 CC-BBA (msn 38471) prepares to land at the Santiago de Chile base (SCL).

    LAN Airlines: AG Slide Show

     


    Filed under: LAN Airlines, LAN Airlines (Chile) Tagged: 38471, 787, 787 dreamliner, 787-8, Boeing, Boeing 787, boeing 787 dreamliner, Boeing 787-8, CC-BBA, LAN Airlines, LAN Airlines (Chile), Santiago, Santiago de Chile, Santiago-Lima-Los Angeles, SCL
  • Fri, 25 Jul 2014 20:24:45 +0000

    United to drop the Chicago O’Hare-Topeka route on September 3

    United Airlines (Chicago) is ending United Express service from Topeka, Kansas to the Chicago (O’Hare) hub on September 3 according to Airline Route.

    Copyright Photo: Michael B. Ing/AirlinersGallery.com. Embraer ERJ 145XR (EMB-145XR) N18101 (msn 145590) arrives at the Chicago O’Hare hub.

    United Airlines (current): AG Slide Show

    United Express/ExpressJet: AG Slide Show


    Filed under: ExpressJet Airlines, United Airlines, United Express Tagged: 145590, Chicago, Chicago O'Hare, EMB-145XR, Embraer, Embraer ERJ 145, ERJ 145, ERJ 145XR, ExpressJet Airlines, Kansas, N18101, O'Hare, O'Hare International Airport, ORD, Topeka, United Airlines, United Express
  • Fri, 25 Jul 2014 19:09:45 +0000

    Delta to introduce Seattle/Tacoma-Puerto Vallarta flights on December 20

    Delta Air Lines (Atlanta) is adding another new route from its growing Seattle/Tacoma hub. SEA-Puerto Vallarta, Mexico service will be initiated on December 20 with Boeing 737-800s. The route will be operated on a weekly basis (three days a week during the Christmas-New Year holidays) per Airline Route.

    Copyright Photo: Michael B. Ing/AirlinersGallery.com. Boeing 737-832 N390DA (msn 30536) climbs away from the runway at Los Angeles International Airport.

    Delta Air Lines (current):

     


    Filed under: Delta Air Lines Tagged: 30536, 737, 737-800, 737-832, Boeing, Boeing 737, Boeing 737-800, Delta Air Lines, LAX, Los Angeles, N390DA, Puerto Vallarta, Seattle/Tacoma
  • Fri, 25 Jul 2014 15:00:29 +0000

    KLM to launch a new route to Bogota and Cali on March 31

    KLM Royal Dutch Airlines (Amsterdam) will expand its long-haul service to South America next year. KLM will launch a new scheduled service to Colombia’s capital, Bogota, and Cali, the country’s third-largest city. From March 31, 2015, KLM will fly three times a week operating a Boeing 777-200 on flight KL 745. The circle flights will start in Amsterdam, stopping in Bogota and Cali, and returning directly to Amsterdam. The service will be part of KLM’s new summer schedule and will operate on Tuesdays, Thursdays and Saturdays.

    Copyright Photo: TMK Photography/AirlinersGallery.com. Boeing 777-206 ER PH-BQP (msn 32721) in the special “Delft Blue” color scheme taxies at Toronto (Pearson).

    KLM: AG Slide Show

     


    Filed under: KLM Royal Dutch Airlines Tagged: 32721, 777, 777-200, 777-206, Amsterdam, Boeing 777, Boeing 777-200, Bogota, Cali, Delft Blue, KLM Royal Dutch Airlines, Pearson, PH-BQP, Toronto, YYZ
  • Fri, 25 Jul 2014 13:46:40 +0000

    Adriatic Skyways commences charter operations

    Adriatic Skyways logo

    Adriatic Skyways (Dubrovnik) has started charter operations from Basle/Mulhouse/Freiburg (EuroAirport) to Pristina using a wet leased Denim Air Fokker F.28 Mk. 0100 (Fokker 100) PH-LND according to ch-aviation.

    The company describes itself:

    Adriatic Skyways has joined forces with the Dutch AOC Holder Denim Air ACMI B. V. The flights will be operated by Denim on behalf of Adriatic Skyways, all other commercial operations are run by Adriatic Skyways.

    Denim was carefully selected by Adriatic Skyways to become its single and exclusive airline partner. Denim has established an impressive track record as a regional aircraft operator. They have operated on behalf of airlines, companies, tour operators and other groups since 1996. Denim focuses on operational excellence, rather than ticket sales. The optimization of the flight operation in terms of reliability, punctuality, and passenger satisfaction has the highest priority.

    Denim operates Embraer E190, Fokker 50 and Fokker 100, and confirms that they have these aircraft available.

    Adriatic Skyways is established to promote and develop airline traffic from the Balkan region. Its expertise lies in the commercial operation of an airline, rather than the operational. Adriatic Skyways focuses on the contacts with tour operators, local tourism agencies, hotels, governments, etc, in order to increase traffic and tickets sales from the region. The business model excludes starting its own AOC to stay lean and low cost, and therefore Adriatic Skyways has selected Denim Air ACMI as its operator. The aircraft are in Adriatic Skyways livery and the flight program is managed by Adriatic Skyways. The entire flight experience for the passanges is an Adriatic Skyways product.

    Copyright Photo: Paul Bannwarth. Denim Air’s Fokker F.28 Mk. 0100 (Fokker 100) PH-LND (msn 11320) carries joint titles for this new operation. Oddly the titles on the aircraft “Adriatic Sky”.

    Adriatic Sky-Denim Air F.28 Mk 0100 PH-LND (14)(Grd) BSL (PBW)(LRW)


    Filed under: Adriatic Skyways, Denim Air Tagged: Adriatic Sky, Adriatic Skyways, Basel, Basel/Mulhouse/Freiburg, Denim Air, F.28, F.28 Mk. 0100, F100, Fokker, Fokker 100, Fokker F.28 Mk. 0100, Pristina
  • Fri, 25 Jul 2014 13:25:20 +0000

    Atlantis European Airways adds its first Airbus A320

    Atlantis European logo

    Atlantis European Airways (Yerevan) has added its first Airbus A320, its first aircraft. Former Armavia A320-211 EK32008 (msn 229) has been acquired and is being prepared for service in Prague according to Skyliner.

    The company describes its activities:

    Atlantis European Airways (AEA) LLC is an air carrier, which was established in Armenia with a strong purpose to improve Armenia’s tourism services’ infrastructure as well as to support the country’s small business development opportunities. Atlantis European Airways LLC is operating code-share flights with Austrian and Czech Airlines from Yerevan via Vienna and Prague to other destinations. One of the main targets of the business strategy of Atlantis European Airways is the integration of the company with the largest alliances of overseas airlines worldwide. The overall mission of Atlantis European Airways is to attract corporate and non-corporate partners for long-term collaboration and encourage them to become members of the company as a result of which they will be offered the richest variety of services provided by Atlantis European Airways . It realizes charter flights on requests. Air tickets are being sold all over Armenia via travel agencies the number of which reaches around 40.


    Filed under: Atlantis European Airways Tagged: A320, A320-200, Airbus, Airbus A320, Airbus A320-200, Atlantis European Airways, Yerevan
  • Fri, 25 Jul 2014 11:50:14 +0000

    Can Malaysia Airlines survive two major air disasters?

    Malaysia Airlines (Kuala Lumpur) is still in crisis mode after the savage downing of flight MH 17 over the Russian-speaking rebel-held area of the eastern Ukraine. The airline now avoids flying over the Ukraine.

    Yesterday the flag carrier issued this statement about MH 17:

    “Following the agreement Prime Minister Najib Razak brokered with rebel leaders, Malaysia has taken custody of flight MH 17’s black boxes. As the Prime Minister said, they will be passed to the international investigation team for analysis.

    The international investigation team, led by the Netherlands, has decided to pass the black boxes to the UK Air Accidents Investigation Branch for forensic analysis. It is normal procedure for black boxes to be sent for analysis to the nearest laboratory authorized by the International Civil Aviation Association.

    The black boxes will therefore be flown to Farnborough, UK, accompanied by Malaysian experts and other members of the international investigation team.”

    Meanwhile on the financial side, the airline is also hurting. Load factors and yield are reportedly declining given the attention the airline is receiving in the media.

    Previously on May 15 the airline reported a growing quarterly net loss of RM443 million ($139.5 million) for the three months ending on March 31, 2014 compared to a loss of RM279 million ($87.8 million) for the same quarter a year ago.

    Bloomberg Businessweek is exploring the question of whether the airline can survive as we know it given this double tragedy and declining fortunes and cash flow.

    According to the magazine, “MAS executives are focusing on finding a way to save the company. The carrier this week is going to present a plan to its parent, state-run Khazanah Nasional, Bloomberg News reported. Bankruptcy is one option. Taking the company private is another.”

    Most likely the carrier will continue to operate in some form but it will probably change.

    Read the full article: CLICK HERE

    Copyright Photo: Karl Cornil/AirlinersGallery.com. Can Malaysia Airlines, with declining numbers, remain an Airbus A380 operator? The A380 is the flagship aircraft for the carrier but if it can’t fill the seats it may be the wrong aircraft for the airline. Airbus A380-841 9M-MNF (msn 114) arrives in London (Heathrow) with special “100th A380″ markings.

    Malaysia Airlines: AG Slide Show


    Filed under: Malaysia Airlines Tagged: 114, 9M-MNF, A380, A380-800, A380-841, Airbus, Airbus A380, Airbus A380-800, Heathrow, LHR, London, Malaysia Airlines, UK Air Accidents Investigation Branch
  • Thu, 24 Jul 2014 19:20:38 +0000

    Tyrolean Airways to operate a Bombardier Q400 for Swiss for the domestic Zurich-Lugano route

    Austrian Airlines (Vienna) took delivery of its 15th Bombardier DHC-8-402 (OE-LGO, msn 4281) on July 21. The turboprop is operated by lower-cost Tyrolean Airways under the Tyrolean AOC and the Austrian brand.

    The group has announced it will operate the type on a wet lease basis for fellow Lufthansa Group carrier Swiss International Air Lines (Zurich) on a Swiss domestic route starting on November 1 between the Swiss hub at Zurich and Lugano. In the future, four flights each day will be operated on this route. By deploying the larger aircraft, Swiss will be able to increase its capacity on the route by 50 percent.

    With the arrival of OE-LGO, the fleet of the Austrian Airlines Group will reach a total of 76 aircraft. All but one Austrian-titled aircraft is operated by Tyrolean Airways.

    Copyright Photo: Paul Bannwarth/AirlinersGallery.com. Sister-ship Bombardier DHC-8-402 (marketed as the Q400) OE-LGD (msn 4027) lands at Basel/Mulhouse/Freiburg (BSL).

    Austrian Airlines: AG Slide Show


    Filed under: Austrian Airlines, Swiss International Air Lines, Tyrolean Airways Tagged: 4027, Austrian Airlines, Basel, Basel/Mulhouse, Basel/Mulhouse/Freiburg, Bombardier, Bombardier DHC-8, Bombardier DHC-8-400, BSL, DHC-8, DHC-8-400, DHC-8-402, EuroAirport, lugano, OE-LGD, OE-LGO, Q400, Swiss International Air Lines, Tyrolean Airways, Zurich
  • Thu, 24 Jul 2014 18:46:26 +0000

    Turkish Boeing 737-9F2 TC-JYA is pulled to safety and passengers evacuated after a fuel truck catches on fire in Nigeria

    Turkish Airlines (Istanbul) Boeing 737-9F2 ER TC-JYA (msn 40973), pictured above, was reportedly slightly damaged at Kano, Nigeria on Tuesday night (July 22) as it was being refueled. The fuel truck, which was refueling the airliner, suddenly caught on fire. The Boeing 737 was quickly pulled out of the way and the passengers were safely evacuated, just in time. The aircraft was in-transit from Kano to N’djamena, Chad as flight TK 587. The flight was cancelled pending an inspection for any damages.

    Read the full report from the Guardian: CLICK HERE

    Copyright Photo: James Helbock/AirlinersGallery.com. Boeing 737-9F2 ER N973TK (msn 40973) became TC-JYA when it was handed over on December 9, 2011.

    Turkish Airlines: AG Slide Show

     


    Filed under: Turkish Airlines Tagged: 40973, 737, 737-900, 737-9F2, Boeing, Boeing 737, Boeing 737-900, Kano, Kano Nigeria, N973TK, TC-JYA, Turkish Airlines
  • Thu, 24 Jul 2014 15:21:26 +0000

    U.S. and European carriers are resuming flights to Israel

    EasyJet (easyJet.com) (UK) (London-Luton) has issued this statement about its flights to Israel:

    The safety and security of easyJet’s passengers and crew is the airline’s highest priority. ‎

    Due to the FAA lifting its instruction to all United States’ airlines to suspend their flights to Israel, and the European safety regulator EASA following suit, easyJet will operate its services to and from Tel Aviv as scheduled from Friday July 25.

    easyJet will also operate one return flight this afternoon between London Gatwick and Tel Aviv. ‎

    easyJet will continue to monitor the safety advice on travel to and from Tel Aviv from all relevant authorities.

    easyJet flies to and from Tel Aviv from the UK, Switzerland, Germany and Italy.

    Bloomberg Businessweek: How Israel convinced international airlines to return to Tel Aviv: CLICK HERE

    Copyright Photo: Paul Bannwarth/AirlinersGallery.com. Airbus A320-214 G-EZTL (msn 4012) lands at Tenerife Sur.

    EasyJet (UK): AG Slide Show


    Filed under: easyJet (Switzerland), easyJet (UK) Tagged: 4012, A320, A320-200, A320-214, Airbus, Airbus A320, Airbus A320-200, easyJet, easyJet (UK), G-EZTL, Tenerife, Tenerife Sur, TFS
  • Thu, 24 Jul 2014 15:10:21 +0000

    United reports second quarter net income of $919 million, a 51% increase

    United Airlines (UAL) (Chicago) today reported second quarter 2014 net income of $919 million, an increase of 51 percent year-over-year, or $2.34 per diluted share, excluding $130 million of special items. Including special items, UAL reported second quarter 2014 net income of $789 million, or $2.01 per diluted share.

    United’s consolidated passenger revenue per available seat mile (PRASM) increased 3.7 percent in the second quarter of 2014 compared to the second quarter of 2013.

    Second-quarter 2014 consolidated unit costs (CASM), excluding special charges, third-party business expenses, fuel and profit sharing, decreased 0.2 percent year-over-year on a consolidated capacity reduction of 0.1 percent. Second-quarter 2014 CASM, including those items, increased 2.2 percent year-over-year.

    The company generated $1.5 billion of operating cash flow in the second quarter of 2014.
    UAL ended the second quarter with $6.8 billion in unrestricted liquidity.

    The company earned a 10.3 percent return on invested capital for the 12 months ended June 30, 2014.
    UAL’s Board of Directors authorized a $1.0 billion share repurchase program, which the company expects to complete within the next three years.

    “I am encouraged by the solid progress we made in the second quarter. Our team is focused on improving our operations and service and on continuing to improve year-over-year revenue performance and cost control,” said Jeff Smisek, UAL’s chairman, president and chief executive officer. “The $1 billion share repurchase program we announced today demonstrates our progress and commitment to increasing value for our shareholders and the confidence we have in our plan.”

    Second-Quarter Revenue and Capacity

    For the second quarter of 2014, total revenue was $10.3 billion, an increase of 3.3 percent year-over-year. Second-quarter consolidated passenger revenue increased 3.6 percent to $9.0 billion, compared to the same period in 2013. Ancillary revenue per passenger in the second quarter increased 7.9 percent year-over-year to more than $21 per passenger. Second-quarter cargo revenue decreased 1.7 percent versus the second quarter of 2013 to $232 million. Other revenue in the second quarter increased 1.7 percent year-over-year to $1.1 billion.

    Consolidated revenue passenger miles increased 0.6 percent and consolidated available seat miles decreased 0.1 percent year-over-year for the second quarter, resulting in a second-quarter consolidated load factor of 85.3 percent.

    Second-quarter 2014 consolidated PRASM increased 3.7 percent and consolidated yield increased 3.0 percent compared to the second quarter of 2013. The company’s consolidated domestic PRASM, including both mainline and regional flying, increased 5.6 percent year-over-year.

    “We are beginning to see the benefits of the changes we’re implementing to our network and revenue management processes,” said Jim Compton, UAL’s vice chairman and chief revenue officer. “We have more work to do, however, and will continue to make the appropriate adjustments to accelerate our revenue growth.”

    Second-Quarter Costs

    Second-quarter consolidated CASM, excluding special charges, third-party business expense, fuel and profit sharing, decreased 0.2 percent compared to the second quarter of 2013. Second-quarter consolidated CASM, including those items, increased 2.2 percent year-over-year. The company’s strong cost performance in the quarter was largely driven by execution on its cost-savings initiatives, as well as by the timing of certain expenses moving to the second half of the year.

    Second-quarter total operating expenses, excluding special charges, increased $75 million, or 0.8 percent, year-over-year. Including special charges, total operating expenses increased $192 million, or 2.1 percent, in the second quarter versus the same period in 2013. Third-party business expense was $215 million in the second quarter of 2014.

    Second-Quarter Liquidity and Cash Flow

    UAL ended the second quarter with $6.8 billion in unrestricted liquidity, including $1.0 billion of undrawn commitments under a revolving credit facility. The company generated $1.5 billion of operating cash flow in the second quarter. During the second quarter, the company had gross capital expenditures of $871 million, excluding fully reimbursable projects. The company made debt and capital lease principal payments of $333 million in the second quarter. For the 12 months ended June 30, 2014, the company’s return on invested capital was 10.3 percent.

    The company’s long-term capital structure goals include reducing its non-aircraft related debt and achieving a total gross debt balance, including capitalized operating leases, of approximately $15 billion while maintaining an unrestricted liquidity balance of $5 billion to $6 billion, including its undrawn revolver.

    Share Repurchase Program

    UAL’s Board authorized a $1.0 billion share repurchase program, which the company expects to complete within the next three years. This amount represents approximately 6 percent of the company’s market capitalization as of yesterday’s closing stock price. Additionally, in the second quarter, the company spent $62 million to retire convertible debt that would have converted into approximately 1.5 million shares of UAL common stock.

    “We have laid a sound financial foundation over the last few years by paying off debt and investing in our business. Our earnings profile, coupled with measured capital expenditures and manageable debt maturities, enable us to take this initial step toward returning cash to our shareholders,” said John Rainey, UAL’s executive vice president and chief financial officer. “This action helps us achieve a more balanced allocation of our cash flow.”

    UAL may repurchase shares through the open market, privately negotiated transactions, block trades, or accelerated share repurchase transactions from time to time in accordance with applicable securities laws. UAL will repurchase shares of common stock subject to prevailing market conditions and may discontinue such repurchases at any time.

    Second-Quarter 2014 Accomplishments

    Operations, Employees and Network

    United Airlines reported a second-quarter mainline on-time arrival rate (domestic and international) of 76.4 percent, adversely affected by multi-month runway closures in its San Francisco and Newark hubs. The on-time arrival rate is based on flights arriving within 14 minutes of scheduled arrival time.
    The company reached a joint collective bargaining agreement with the Professional Airline Flight Control Association (PAFCA) and the Transport Workers Union (TWU) for United’s dispatchers. The dispatchers subsequently ratified the new agreement.

    The company began a facilitated negotiations process with the Association of Flight Attendants and held further discussions in advance of scheduled mediation with the International Brotherhood of Teamsters, representing United’s technicians.

    United expanded its industry-leading global route network, launching nonstop flights from Houston to Munich; Newark to Santiago, Dominican Republic; and new seasonal service between Chicago and Edinburgh, Scotland, and from Washington, D.C., to both Madrid and Nassau, Bahamas. The company continued to develop its industry-leading Pacific gateway in San Francisco by launching service to Chengdu, China, and announcing service to Tokyo’s Haneda airport. The company also announced new service from Houston to Santiago, Chile, and announced new routes from Chicago to Belize City, Belize; Denver to Panama City; Houston to Punta Cana, Dominican Republic; and San Francisco to Kelowna, British Columbia. The airline announced nine new domestic markets and launched 14 new domestic routes in the second quarter, including United’s first service to Atlantic City, N.J.; Bangor, Maine; Pueblo, Colorado; and St. Cloud, Minnesota.

    Finance and Fleet

    United raised $949 million of debt financing through enhanced equipment trust certificates at a blended rate of 4.13 percent. The debt proceeds are being used to finance the acquisition of 13 Boeing 737-900 ERs, nine Embraer 175s, two Boeing 787-8 Dreamliners and one Boeing 787-9 Dreamliner.

    The company took delivery of 10 Boeing 737-900 ERs and one 787-8 Dreamliner, and also exited from scheduled service nine 757-200s during the quarter.

    The company introduced seven highly efficient Embraer 175 aircraft to the United Express fleet. The modern and spacious 76-seat aircraft is the newest addition to the United Express fleet, enabling the airline to offer an improved regional jet experience. These aircraft will largely replace less-efficient 50-seat regional jets, and the company expects to reduce its 50-seat regional jet fleet by 38 aircraft by the end of the year.

    United continued installing slimmer, next-generation economy-class seats on certain aircraft, which enables one to two additional rows per aircraft. The airline now offers these seats, which are 10 to 15 percent lighter than the seats they are replacing, on approximately 240 aircraft.

    Flyer-Friendly Product, Loyalty Program and Facilities

    The company now offers Wi-Fi on more than 290 aircraft, including its entire Airbus fleet, and expects to have more than 450 Wi-Fi-equipped aircraft by the end of 2014.

    United began installing its new personal device entertainment system on select aircraft, enabling customers to choose from more than 150 movies and nearly 200 television shows and watch them on their laptops or iOS devices.

    United launched its all-new mobile application for the Android platform, offering innovative new features, smoother functionality and an improved touch-friendly design. The new Android app follows the airline’s redesign of its mobile app for the iOS platform.

    United announced its 2015 MileagePlus program. Members will earn award miles based on ticket price – specifically the base fare and carrier-imposed surcharges – and MileagePlus status, rather than distance flown.

    United consolidated its London Heathrow operation into one terminal in the new Terminal 2: The Queen’s Terminal. United’s 22 Star Alliance partners serving Heathrow are progressively moving to Terminal 2, enabling faster, more convenient connections for customers. United operates more daily flights to Heathrow than any other U.S. carrier.

    The company unveiled a new 10-gate, 97,000-square-foot concourse in Boston Logan International Airport’s Terminal B that offers modern conveniences that streamline the airport experience, including self-tagging baggage kiosks, automated self-boarding gates and a new customer service center.

    The airline opened new United Clubs at London Heathrow, Boston and San Francisco, featuring the latest airport lounge design concept that it unveiled at United Clubs in Chicago, San Diego and Seattle. The company also opened a new United Global First Lounge in London, offering premium customers more privacy and personal service.

    Copyright Photo: Steve Bailey/AirlinersGallery.com. An unique view of the first Boeing 787-9 Dreamliner for United showing off its sleek lines.

    United Airlines (current): AG Slide Show


    Filed under: United Airlines Tagged: 36401, 787, 787 dreamliner, 787-9, 787-9 Dreamliner, Boeing, Boeing 787, boeing 787 dreamliner, Boeing 787-9 Dreamliner, N38950, second quarter, UAL, United Airlines
  • Thu, 24 Jul 2014 14:25:03 +0000

    Southwest reports record second quarter net income of $485 million

    Southwest Airlines Company (Southwest Airlines and AirTran Airways) (Dallas) today reported its second quarter 2014 results:

    Record quarterly net income, excluding special items*, of $485 million, or $.70 per diluted share, compared to second quarter 2013 net income, excluding special items, of $274 million, or $.38 per diluted share. This exceeded the First Call consensus estimate of $.61 per diluted share.

    Record quarterly net income of $465 million, or $.67 per diluted share, which included $20 million (net) of unfavorable special items, compared to second quarter 2013 net income of $224 million, or $.31 per diluted share, which included $50 million (net) of unfavorable special items.

    Record quarterly operating income of $775 million. Excluding special items, record quarterly operating income of $819 million, resulting in a 16.3 percent operating margin**.

    Return on invested capital*, before taxes and excluding special items, for the 12 months ended June 30, 2014, of 17.1 percent, as compared to 8.5 percent for the 12 months ended June 30, 2013.

    Gary C. Kelly, Chairman of the Board, President, and Chief Executive Officer, stated:

    “We are very pleased with our strong second quarter earnings performance. Net income, excluding special items, of $485 million, or $.70 per diluted share, represents our fifth consecutive quarter of record profits. The successful execution of our strategic initiatives continues to contribute significantly to these record profits. Second quarter 2014 total operating revenues reached an all-time quarterly high of $5.0 billion, benefiting from an 8.5 percent year-over-year increase in passenger revenues. Also, we were very pleased with our cost performance. Operating expenses benefited from our strategic initiatives, as well, and were comparable to second quarter last year.

    “My hearty congratulations and thanks go to our hard-working and dedicated Employees for our outstanding second quarter results, which resulted in record quarterly profitsharing expense of $127 million. Over the last twelve months, our exceptional earnings performance, combined with our actions to prudently manage our invested capital, produced a 17.1 percent pre-tax return on invested capital, excluding special items (ROIC). This positions us well to meet or exceed our 15 percent pre-tax ROIC target for full year 2014.

    “Our network development and optimization efforts continue, and we are very pleased with the performance across our system. Second quarter load factor and passenger revenue yield were records, even with a large percentage of the route system in the conversion or development stage. We announced our initial nonstop offerings from Dallas Love Field with the upcoming sunset of the Wright Amendment restrictions on October 13, and nearly tripled the flights we currently offer at Reagan National Airport, effective November 2 this year. On July 1, we inaugurated international service on Southwest Airlines, with flights to Oranjestad, Aruba; Montego Bay, Jamaica; and Nassau/Paradise Island in The Bahamas. We plan to fully convert AirTran’s remaining international markets and domestic flying by the end of this year. We expect roughly flat 2014 available seat miles, year-over-year, and intend to expand the network in a disciplined manner. For 2015, we currently expect our available seat miles to increase, year-over-year, largely driven by a two to three percent growth in seats from the upgauging of our fleet, along with a higher percentage of our fleet in revenue service post-integration.

    “During second quarter, we announced the selection of Amadeus to implement the Altéa reservations solution to support our domestic network, following the successful implementation of Amadeus’ international solution this year. This allows us to replace the legacy reservation system used by Southwest. The AirTran reservation system is expected to be retired at this year’s end.

    “Our balance sheet, liquidity, and cash flows remain strong. At the end of second quarter 2014, we had $4.0 billion in cash and short-term investments. For first half 2014, net cash provided by operations was $2.46 billion, and capital expenditures were $907 million, resulting in strong free cash flow* of $1.55 billion. We repaid $119 million in debt and capital lease obligations during first half 2014, and intend to repay an additional $440 million in debt and capital lease obligations in the second half of this year. Thus far this year, we have returned $652 million to Shareholders through the payment of $97 million in dividends and the repurchase of $555 million in common stock. As always, we are committed to maintaining our financial strength and enhancing value to our Shareholders.”

    Financial Results and Outlook

    The Company’s second quarter 2014 total operating revenues increased 7.9 percent, while operating unit revenues increased 8.4 percent, on a 0.4 percent decrease in available seat miles and a 2.2 percent increase in average seats per trip, all as compared to second quarter 2013. Second quarter 2014 passenger revenues were $4.8 billion, which was an increase of 9.0 percent on a unit basis, as compared to second quarter 2013. A change to previously recorded estimates of tickets expected to spoil in the future resulted in additional passenger revenue of $47 million in second quarter 2014.

    Thus far, July passenger revenue trends and bookings are strong. Based on these trends, and considering the strength of the year-ago comparison, the Company expects July 2014 passenger unit revenues to increase in the three percent range, as compared to July 2013.

    Total operating expenses in second quarter 2014 increased 0.6 percent to $4.2 billion, as compared to second quarter 2013. Second quarter 2014 profitsharing expense was a record $127 million, compared to $78 million in second quarter 2013. The Company incurred costs (before profitsharing and taxes) associated with the acquisition and integration of AirTran, which are special items, of $38 million during second quarter 2014, compared to $26 million in second quarter 2013. Cumulative costs associated with the acquisition and integration of AirTran, as of June 30, 2014, totaled $466 million (before profitsharing and taxes). The Company expects total acquisition and integration costs to be approximately $550 million (before profitsharing and taxes). Excluding special items in both periods, total operating expenses in second quarter 2014 increased 0.7 percent to $4.2 billion, as compared to second quarter 2013.

    Second quarter 2014 economic fuel costs were $3.02 per gallon, including $.05 per gallon in favorable cash settlements from fuel derivative contracts, compared to $3.06 per gallon in second quarter 2013, including $.05 per gallon in unfavorable cash settlements from fuel derivative contracts. Based on the Company’s fuel derivative contracts and market prices as of July 21, 2014, third quarter 2014 economic fuel costs are expected to be in the $2.95 to $3.00 per gallon range, compared to third quarter 2013’s economic fuel costs of $3.06 per gallon. As of July 21, 2014, the fair market value of the Company’s hedge portfolio through 2018 was a net asset of $381 million. Additional information regarding the Company’s fuel derivative contracts is included in the accompanying tables.

    Excluding fuel and oil expense, profitsharing, and special items in both periods, second quarter 2014 operating costs increased 1.1 percent from second quarter 2013, and increased 1.7 percent on a unit basis. Based on current cost trends, and excluding fuel and oil expense, profitsharing, and special items, the Company expects a year-over-year increase in its third quarter 2014 unit costs, comparable to the second quarter 2014 year-over-year increase.

    Operating income in second quarter 2014 was $775 million, compared to $433 million in second quarter 2013. Excluding special items, operating income was $819 million in second quarter 2014, compared to $479 million in the same period last year, a 71.0 percent increase year-over-year.

    Other expenses in second quarter 2014 were $29 million, compared to $70 million in second quarter 2013. The $41 million decrease primarily resulted from $3 million in other losses recognized in second quarter 2014, compared to $47 million recognized in second quarter 2013. In both periods, these losses included ineffectiveness and unrealized mark-to-market amounts associated with a portion of the Company’s fuel hedging portfolio, which are special items. Excluding these special items, second quarter 2014 had $15 million in other losses, compared to $12 million in second quarter 2013, primarily attributable to the premium costs associated with the Company’s fuel derivative contracts. Third quarter 2014 premium costs related to fuel derivative contracts are currently estimated to be $15 million, compared to $22 million in third quarter 2013. Net interest expense in second quarter 2014 was $26 million, compared to $23 million in second quarter 2013.

    For the six months ended June 30, 2014, total operating revenues increased 5.2 percent to $9.2 billion, while total operating expenses decreased 0.4 percent to $8.2 billion, resulting in operating income of $991 million, compared to $503 million for the same period last year. Excluding special items, operating income was $1.1 billion for first half 2014, compared to $591 million for first half 2013.

    Net income for first half 2014 was $617 million, or $.88 per diluted share, compared to $283 million, or $.39 per diluted share, for the same period last year. Excluding special items, net income for first half 2014 was $611 million, or $.87 per diluted share, compared to $328 million, or $.45 per diluted share, for the same period last year.

    Balance Sheet and Cash Flows

    As of June 30, 2014, the Company had $4.0 billion in cash and short-term investments, and a fully available unsecured revolving credit line of $1 billion. Net cash provided by operations during second quarter 2014 was $1.34 billion, and capital expenditures were $500 million, generating strong free cash flow of $838 million. The Company repaid $73 million in debt and capital lease obligations during second quarter 2014.

    During second quarter 2014, the Company returned $282 million to its Shareholders through the payment of $42 million in dividends and the repurchase of $240 million in common stock, or 7.6 million shares. The Company completed its previous $1.5 billion share repurchase program with the repurchase of $20 million in common stock in early May. On May 14, 2014, the Company’s Board of Directors authorized a new $1 billion share repurchase program, along with a 50 percent increase in the Company’s quarterly dividend. Under the new $1 billion share repurchase program, the Company repurchased an additional $220 million in common stock during second quarter 2014, including $200 million repurchased under an accelerated share repurchase program with a third party financial institution. During second quarter 2014, pursuant to the accelerated share repurchase program, the Company advanced $200 million to the financial institution and received six million shares of the Company’s common stock, representing an estimated 75 percent of the shares the Company expects to purchase under the accelerated share repurchase program. The specific number of shares that the Company ultimately will repurchase under the accelerated share repurchase program will be determined generally based on a discount to the volume-weighted average price per share of the Company’s common stock during a calculation period to be completed during third quarter 2014. At settlement, under certain circumstances, the third party financial institution may be required to deliver additional shares of common stock to the Company, or under certain circumstances, the Company may be required to deliver shares of its common stock or may elect to make a cash payment to the third party financial institution. Pursuant to the settlement of the $200 million accelerated share repurchase program executed in first quarter 2014, the Company received an additional 1.7 million shares in common stock during second quarter 2014, bringing the total shares repurchased under the first quarter accelerated share repurchase program to 8.6 million.

    Fleet

    During second quarter 2014, the Company’s fleet increased by seven to 683 aircraft at period end. This reflects the second quarter 2014 delivery of 12 new Boeing 737-800s and three pre-owned Boeing 737-700s, as well as the retirement of one Boeing 737-500. In addition, the Company removed seven Boeing 717-200s from service during second quarter 2014 in preparation for transition out of the fleet.

    Boeing 737 NG Delivery Schedule:

    Southwest 737NG Delivery Schedule 7.2014 (LRW)

    Notes:

    *Additional information regarding special items is included in the accompanying reconciliation tables, and see Note Regarding Use of Non-GAAP Financial Measures.
    **Operating margin, excluding special items, is calculated as operating income, excluding special items, divided by operating revenues.

    Copyright Photo: Michael B. Ing/AirlinersGallery.com. Boeing 737-7H4 N280WN (msn 32533) in the Penguin One special livery arrives in Los Angeles.

    Southwest Airlines: AG Slide Show

    AirTran Airways: AG Slide Show


    Filed under: AirTran Airways, Southwest Airlines Tagged: 32533, 737, 737-700, 737-7H4, AirTran Airways, Boeing, Boeing 737, Boeing 737-700, LAX, Los Angeles, N280WN, Penguin One, second quarter, Southwest Airlines, southwest airlines company
  • Thu, 24 Jul 2014 13:55:48 +0000

    JetBlue reports record second quarter earnings

    JetBlue Airways Corporation (JetBlue Airways) (New York) today reported its results for the second quarter 2014:

    Pre-tax income excluding special items1 of $103 million in the second quarter. This compares to pre-tax income of $60 million in the second quarter of 2013.

    Gain of $242 million from the sale of its wholly-owned subsidiary LiveTV.

    On a GAAP basis, pre-tax income of $345 million in the second quarter.

    Net income excluding special items for the second quarter was $61 million, or $0.19 per diluted share.

    This compares to JetBlue’s second quarter 2013 net income of $36 million, or $0.11 per diluted share.

    On a GAAP basis, net income for the second quarter was $230 million, or $0.68 per diluted share.

    “Today, we are pleased to report record second quarter earnings and our seventeenth consecutive quarter of profitability,” said Dave Barger, JetBlue’s Chief Executive Officer. “We saw improved profitability across our network, reflecting the success of ongoing efforts to adapt our products and services to meet our customers’ ever-changing needs. I would like to thank our 15,500 crewmembers for their dedication to running a safe airline and delivering outstanding service to our customers.”

    Operational Performance

    JetBlue reported record second quarter operating revenues of $1.5 billion. Revenue passenger miles for the second quarter increased 5.7% to 9.6 billion on a capacity increase of 6.0%, resulting in a second quarter load factor of 84.6%, a decrease of 0.3 points year over year.

    Yield per passenger mile in the second quarter was 14.25 cents, up 6.3% compared to the second quarter of 2013. Passenger revenue per available seat mile (PRASM) for the second quarter 2014 increased 6.0% year over year to 12.05 cents and operating revenue per available seat mile (RASM) increased 5.6% year over year to 13.12 cents. The shift of the Easter and Passover holidays from March last year to April this year positively impacted second quarter year over year PRASM by approximately two points.

    Operating expenses for the quarter increased 9.8%, or $119 million, over the prior year period. Interest expense for the quarter declined 7.5%, or $3 million, due to JetBlue’s focus on debt reduction. JetBlue’s operating expense per available seat mile (CASM) for the second quarter increased 3.5% year over year to 11.88 cents. Excluding fuel and profit sharing, CASM2 increased 5.1% to 7.51 cents.

    “We improved margin performance while expanding our network, demonstrating the core strength of our business,” said Robin Hayes, JetBlue’s President. “We remain focused on providing a differentiated product and culture in high-value geography while maintaining competitive costs. We believe this focus will drive improved returns for our shareholders.”

    Fuel Expense and Hedging

    JetBlue continued to hedge fuel to manage price volatility. Specifically, in the second quarter JetBlue had in place hedges for approximately 15% of its fuel consumption and managed approximately 7% of its fuel consumption using fixed forward price agreements (FFPs). This resulted in a realized fuel price of $3.09 per gallon, a 0.9% increase over second quarter 2013 realized fuel price of $3.06. JetBlue recorded $2 million in losses on fuel hedges that settled during the second quarter.

    JetBlue has managed approximately 30% of its third quarter projected fuel requirements using a combination of FFPs, jet fuel swaps and caps. Based on the fuel curve as of July 17th, JetBlue expects an average price per gallon of fuel, including the impact of hedges, FFPs and fuel taxes, of $3.08 in the third quarter.

    Liquidity and Cash Flow

    JetBlue ended the quarter with approximately $797 million in unrestricted cash and short term investments. In addition, JetBlue maintains $550 million in lines of credit.

    During the second quarter, JetBlue repaid approximately $44 million in regularly scheduled debt and capital lease obligations. In addition, JetBlue pre-paid approximately $300 million in debt with the proceeds from the sale of LiveTV. JetBlue plans to repay approximately $185 million in regularly scheduled debt and capital lease obligations in the remainder of 2014, including approximately $58 million in the third quarter.

    “We continued to strengthen the balance sheet by paying down debt while enhancing access to liquidity by increasing the number of unencumbered aircraft,” said Mark Powers, JetBlue’s Chief Financial Officer. “We believe these actions will help us maintain a relatively flat invested capital base this year while growing assets, which we expect will help us meet our return on invested capital goal.”

    Third Quarter and Full Year Outlook

    For the third quarter of 2014, CASM is expected to increase between 0.5% and 2.5% versus the year-ago period. Excluding fuel and profit sharing, CASM in the third quarter is expected to increase between 1.0% and 3.0% year over year.

    CASM for the full year is expected to increase between 1.0% and 3.0% over full year 2013. Excluding fuel and profit sharing, CASM in 2014 is expected to increase between 2.5% and 4.5% year over year. Relative to JetBlue’s previous cost outlook, this full year guidance reflects approximately a one point reduction in unit costs excluding fuel and profit sharing primarily due to a reduction of operating expenses in the second half of the year as a result of the sale of LiveTV.

    Capacity is expected to increase between 3.0% and 5.0% in the third quarter. For the full year, capacity is expected to increase between 4.0% and 6.0%.

    Bloomberg Businessweek: JetBlue considers charging for the first checked bag: CLICK HERE

    Copyright Photo: Jay Selman/AirlinersGallery.com. Airbus A320-232 N709JB (msn 3488) in the special one-off “Binary Code” livery arrives in New York (JFK).

    JetBlue Airways: AG Slide Show


    Filed under: JetBlue Airways, JetBlue Airways Corporation Tagged: 3488, A320, A320-200, A320-232, Airbus, Airbus A320, Airbus A320-200, Binary Code, JetBlue Airways, jetblue airways corporation, JFK, N709JB, New York
  • Thu, 24 Jul 2014 13:34:08 +0000

    American Airlines Group reports a record second quarter net profit of $864 million

    American Airlines Group Inc. (American Airlines and US Airways) today reported its second quarter 2014 results:

    Second quarter 2014 non-GAAP net profit excluding net special charges was $1.5 billion, a record for any quarter in the history of American Airlines

    Second quarter 2014 GAAP net profit was a record $864 million

    The Company also announced a capital deployment program, including over $2.8 billion in debt and aircraft lease prepayments, a $1 billion share repurchase program, the initiation of a quarterly cash dividend, and $600 million of additional pension contributions

    As part of the program, American’s Board of Directors declared a dividend of $0.10 per share for shareholders of record as of August 4, 2014. The cash dividend is the first declared by American since 1980

    For the second quarter 2014, American Airlines Group reported a record GAAP net profit of $864 million. This compares to a GAAP net profit of $220 million in the second quarter 2013, for AMR Corporation prior to the merger. The Company believes it is more meaningful to compare year-over-year results for American Airlines and US Airways excluding special charges and on a combined basis, which is a non-GAAP formulation that combines the results for AMR Corporation and US Airways Group.

    On this basis, second quarter 2014 net profit excluding net special charges was $1.5 billion, a record for any quarter in the history of the Company. This represents a 114 percent improvement over the combined non-GAAP net profit of $681 million excluding net special charges for the same period in 2013. See the accompanying notes in the Financial Tables section of this press release for further explanation of this presentation, including a reconciliation of GAAP to non-GAAP financial information.

    “We are very pleased to report the highest quarterly profit in the history of American Airlines,” said Chairman and CEO Doug Parker. “Our merger is off to a great start and our 100,000 team members are doing a wonderful job working together to take care of our customers.

    “We are also pleased to announce a capital deployment program that reduces our debt, provides additional pension contributions and returns capital to shareholders. The fact that we are able to implement this program while still funding our significant product improvements, fleet renewal program and integration costs is further evidence of the success of our merger. We have much hard work ahead, but we are extremely encouraged by the great work being done by our team members.”

    Revenue and Cost Comparisons

    Total revenues in the second quarter were a record $11.4 billion, up 10.2 percent versus the second quarter 2013 on a combined basis, on a 3.1 percent increase in total available seat miles (ASMs). Driven by a record yield of 17.34 cents, up 6.5 percent year-over-year, consolidated passenger revenue per ASM (PRASM) was also a record at 14.57 cents, up 5.9 percent versus the second quarter 2013 on a combined basis.

    Total operating expenses in the second quarter were $10.0 billion, up 7.0 percent over combined second quarter 2013. Second quarter mainline cost per available seat mile (CASM) was 13.61 cents, up 3.9 percent on a 3.5 percent increase in mainline ASMs versus combined second quarter 2013. Excluding special charges and fuel, mainline CASM was up 2.2 percent compared to the combined second quarter 2013, at 8.55 cents. Regional CASM excluding special charges and fuel was 15.80 cents, up 5.2 percent on a 0.4 percent decrease in regional ASMs versus combined second quarter 2013.

    Liquidity

    As of June 30, 2014, American had approximately $10.3 billion in total cash and short-term investments, of which $882 million was restricted. The Company also has an undrawn revolving credit facility of $1.0 billion.

    During the quarter, the Company repaid $502 million of debt obligations, which includes approximately $175 million for the settlement of its 7.25% convertible notes with cash. The Company also prepaid $113 million of obligations associated with aircraft debt, $51 million associated with special facility revenue bonds and also used $630 million of cash to purchase aircraft that were previously being leased to the Company.

    At June 30, 2014, approximately $791 million of the Company’s unrestricted cash balance was held in Venezuelan bolivars, valued at the weighted average applicable exchange rate of 6.53 bolivars to the dollar. This includes approximately $94 million valued at 4.3 bolivars, approximately $611 million valued at 6.3 bolivars and approximately $86 million valued at 10.6 bolivars, with the rate depending on the date the Company submitted its repatriation request to the Venezuelan government. In the first quarter of 2014, the Venezuelan government announced that a newly implemented system (SICAD I) will determine the exchange rate (which fluctuates as determined by weekly auctions and at June 30, 2014 was 10.6 bolivars to the dollar) for repatriation of cash proceeds from ticket sales after January 1, 2014, and introduced new procedures for approval of repatriation of local currency.

    The Company is continuing to work with Venezuelan authorities regarding the timing and exchange rate applicable to the repatriation of funds held in local currency. However, pending further repatriation of funds, and due to the significant decrease in demand for air travel resulting from the effective devaluation of the bolivar, the Company recently significantly reduced capacity in this market. The Company is monitoring this situation closely and continues to evaluate its holdings of Venezuelan bolivars for potential impairment.

    Capital Deployment Program

    The Company also announced a capital deployment program intended to efficiently allocate cash balances over and above those required to fund its business. The program has three key components:

    Debt/Lease Prepayments: Since the merger closed in December 2013, the Company has prepaid $420 million of aircraft debt and bond obligations. In addition, the Company plans to prepay $480 million of special facility revenue bond obligations by the end of 2014. It is anticipated that these prepayments will represent a reduction in the Company’s debt going forward. The Company has also used $630 million of cash to purchase aircraft that were previously leased to the Company and anticipates utilizing an additional $370 million of cash in this manner through the remainder of 2014. In addition, the Company has called for redemption of the remaining $900 million principal amount of the 7.5% senior notes due March 15, 2016. In total, these steps represent approximately $2.8 billion of prepayments that will be completed by the end of 2014.

    Pension Funding: The Company plans to make supplemental contributions of $600 million to its defined benefit plans in 2014. These contributions would be above and beyond the $120 million minimum required contributions for 2014.

    Return to Shareholders: The program includes a share repurchase program and the initiation of a quarterly dividend. The Company’s Board of Directors authorized a $1.0 billion share repurchase program to be completed no later than December 31, 2015. The Board also declared a dividend of $0.10 per share for shareholders of record as of August 4, 2014. The dividend will be paid on August 18, 2014. This is the first cash dividend declared at American Airlines since 1980.

    Shares repurchased under the program announced above may be made through a variety of methods, which may include open market purchases, privately negotiated transactions, block trades or accelerated share repurchase transactions. Any such repurchases will be made from time to time subject to market and economic conditions, applicable legal requirements and other relevant factors. The program does not obligate the Company to repurchase any specific number of shares or continue a dividend for any fixed period, and may be suspended at any time at management’s discretion.

    Merger Integration Developments

    US Airways joined American in the trans-Atlantic joint business agreement with British Airways, Iberia and Finnair and codeshare agreements with British Airways, Iberia and oneworld alliance partner airberlin

    Combined operations at 72 airports since the merger

    Began harmonizing its network by aligning flying between its hubs. The changes allow the Company to replace smaller regional aircraft with larger mainline aircraft and to redeploy regional jets to other markets to better match aircraft size with customer demand in small and medium sized communities
    Announced new mileage redemption options for American Airlines AAdvantage® and US Airways Dividend Miles® members, along with new checked bag policies, and began to align the First and

    Fleet and Network Developments

    As part of its plan to modernize its fleet, the Company inducted 21 new aircraft during the second quarter

    Expanded its European presence with new, seasonal summer service between its hub at Charlotte Douglas International Airport and Barcelona, Brussels, Lisbon and Manchester, U.K.

    Strengthened its presence in the Asia-Pacific region with new nonstop service between Dallas/Fort Worth and Hong Kong and Shanghai

    Announced twelve new routes in the United States and Canada from Dallas/Fort Worth, Chicago O’Hare, Los Angeles, Charlotte, N.C., Philadelphia and Phoenix, including service between DFW and new destination, Bismarck, N.D.

    The Company also began service between DFW and Edmonton, Alberta

    Other Developments

    Distributed $5.5 million in operational incentive payouts to employees for on-time departures in the month of April; this distribution of $50 per employee is part of the Company’s Triple Play program which measures operational performance as reported in the DOT’s Air Travel Consumer Report (ATCR). To date, the Company’s employees have earned $16.5 million in operational incentive payouts
    Honored with two awards from Airfinance Journal, including the 2013 Overall “Deal of the Year” for its merger with US Airways, and the 2013 Airline “Treasury Team of the Year” for its work on American’s debt and lease restructuring, a major aircraft order and other financing

    Employees donated more than 13,000 hours to numerous projects in the second quarter. In addition, the Company donated more than $3 million of travel to organizations including American Fallen Soldiers, the Gary Sinise Foundation, the San Diego Air and Space Museum, and Carry the Load
    Recognized four employees with the 2014 Earl G. Graves Award for Leadership in Diversity for influencing positive change, setting an example and leaving a lasting impact on those around them
    Special Items

    In the second quarter, the Company recognized a total of $592 million in net special charges, including:

    $253 million net special operating charges, which principally included $163 million of merger integration expenses, a net $38 million charge for bankruptcy related settlement obligations, $37 million in charges relating to the buyout of leases associated with certain aircraft, and $15 million of other special charges

    Net $337 million non-cash tax charge, consisting primarily of a $330 million non-cash tax charge related to the Company’s sale of its portfolio of fuel hedging contracts that were scheduled to settle on or after June 30, 2014. This charge reverses a non-cash tax provision which was recorded in Other Comprehensive Income (OCI), a subset of stockholder’s equity, principally in 2009. The provision represents the tax effect associated with gains recorded in OCI principally in 2009 due to a net increase in the fair value of the Company’s fuel hedging contracts

    Copyright Photo: Jay Selman/AirlinersGallery.com. American Airlines Airbus A321-231 N114NN (msn 6046) completes its trans-con flight at New York (JFK).

    American Airlines (current): AG Slide Show

    US Airways: AG Slide Show


    Filed under: American Airlines, American Airlines Group, US Airways Tagged: 6046, A321, A321-200, A321-231, Airbus, Airbus A321, Airbus A321-200, American Airlines, American Airlines Group, JFK, N114NN, New York, US Airways
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Tiles courtesy MapQuest