International Airlines Group reports higher earnings in 2014 due to Iberia turnaround

International Airlines Group (IAG) (British Airways, Iberia and Vueling Airlines) (London and Madrid) presented Group consolidated results for the year to December 31, 2014:

IAG period highlights on results:

Fourth quarter operating profit €260 million (2013: operating profit of €113 million) before exceptional items

Revenue for the quarter up 9.9 per cent to €5,015 million, up 5.8 per cent at constant currency

Non-fuel unit costs for the quarter down 0.8 per cent at constant currency

Operating profit for the year to December 31, 2014 of €1,390 million (2013: operating profit of €770 million) before exceptional items

Revenue for the year up 8.0 per cent to €20,170 million and passenger unit revenue for the year down 0.4 per cent at constant currency

Fuel unit costs for the year down 7.8 per cent also down 7.8 per cent at constant currency.

Non-fuel unit costs before exceptional items for the year down 1.9 per cent, down 3.9 per cent at constant currency

Cash of €4,944 million at December 31, 2014 was up €1,311 million on 2013 year end

Adjusted gearing up 1 point to 51 per cent and adjusted net debt to EBITDAR improved 0.6 to 1.9 times

Willie Walsh, IAG Chief Executive Officer, said:

“We’re reporting strong full year results with an operating profit before exceptional items of €1,390 million which is up 80.5 per cent. Total revenue was up 8.0 per cent with non-fuel costs up 7.0 per cent and fuel costs up 0.6 per cent on capacity growth of 9.3 per cent.

“Iberia made an operating profit of €50 million compared to an operating loss of €166 million last year. The airline’s turnaround has been remarkable, both financially and operationally, and we’re very proud of its achievement especially its strong cost discipline. In 2013 we said our intention was for Iberia to breakeven in 2014 and it has fulfilled that promise.

“British Airways’ operating profit increased to €1,215 million up from €762 million last year which shows significant progress towards its long term targets. Vueling made an operating profit of €141 million, compared to an operating profit of €139 million in 2013, with the airline focusing on flexible growth.

“We achieved a strong unit cost performance, down 4.1 per cent, through increased productivity, supplier cost savings and lower fuel unit costs. The latter was boosted by the introduction of more efficient aircraft into our fleet and lower fuel prices in the last quarter of the year. However, the positive effect of the oil price reduction has been partly offset by hedging and significant currency impact.

“In the quarter, we made an operating profit before exceptional items of €260 million which is up from €113 million last year. Revenue for the quarter was up 9.9 per cent. Non-fuel costs were up 10.5 per cent and fuel costs decreased by 0.4 per cent on capacity growth of 5.8 per cent.”

Copyright Photo: Iberia Airbus A321-211 EC-JQZ (msn 2736) taxies at London’s Heathrow Airport.

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Filed under: British Airways, Iberia, International Airlines Group, Vueling Airlines Tagged: 2736, A321, A321-200, A321-211, Airbus, Airbus A321, Airbus A321-200, British Airways, EC-JQZ, Heathrow, IAG, Iberia, International Airlines Group, LHR, London, Vueling Airlines

Delta reports slightly lower numbers in February

Delta Air Lines (Atlanta) today reported financial and operating performance for February 2015.

Consolidated passenger unit revenue (PRASM) for the month of February decreased 1.5 percent year over year, driven by 1.5 points of continuing foreign exchange pressure on international results and 0.5 point from the impact of lapping prior year’s winter storms. Continuing strength in the domestic entity and corporate revenue gains offset a portion of this month’s international PRASM pressure. System capacity increased 6% for the month which includes 2 points of capacity growth from prior year’s winter storms.

The company’s financial and operating performance is detailed below.

Preliminary Financial and Operating Results

February consolidated PRASM change year over year
(1.5)%
February mainline completion factor
97.5%
February on-time performance (preliminary DOT A14)
78.0%

Copyright Photo: Michael B. Ing/AirlinersGallery.com. Boeing 757-2Q8 WL N624AG (msn 25624) departs the runway at Los Angeles International Airport.

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Filed under: Delta Air Lines Tagged: 25624, 757, 757-200, 757-2Q8, Boeing, Boeing 757, Boeing 757-200, Delta Air Lines, LAX, Los Angeles, N624AG, PRASM, winter storms


Alaska Airlines to take another look at flying to Everett after Snohomish County approves a Paine Field terminal

Alaska Airlines (Seattle/Tacoma) is taking another look at possibly serving Paine Field near Everett, Washington (north of Seattle) after the Snohomish County council approved the construction of a passenger terminal. Paine Field is also the home of Boeing’s 747/777/778 assembly plant.

The Snohomish County Council has approved a two-gate passenger terminal at PAE. The building will be leased to Propeller Airports (New York). The facility once built, could handle up to 23 flights a day according to KING 5.

Read the full report: CLICK HERE

Meanwhile Alaska Airlines is now taking a new look at PAE for possible service probably by Horizon Air (Alaska Horizon) following this vote according to Puget Sound Business Journal.

Read the full report: CLICK HERE

Copyright Photo: Michael B. Ing/AirlinersGallery.com. Horizon Air (Alaska Horizon) Bombardier DHC-8-402 (Q400) N452QX (msn 4459) taxies to the runway at Seattle-Tacoma International Airport (SEA) in the special “Employee Powered” livery featuring the signatures of employees.

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Filed under: Alaska Airlines, Alaska Horizon, Horizon Air Tagged: 4459, Alaska Airlines, Alaska Horizon, Bombardier, Bombardier DHC-8, Bombardier DHC-8-200, Bombardier DHC-8-400, Bombardier Q400, DHC-8, DHC-8-400, DHC-8-402, Employee powered, Everett, Horizon Air, N452QX, Paine Field, passenger terminal, SEA, Seattle/Tacoma, Signatures, Snohomish County, Snohomish County Council

Virgin Australia’s A330s to start international flights in April

Virgin Australia (VA, Brisbane Int'l) says it will deploy its fleet of six A330-200s onto international flights beginning early next month. The 279-seater aircraft will be introduced on Saturdays during peak travel periods in response to increased demand, the carrier said in a statement. The ...

United Airlines is interested in the Boeing 777-300 ER, will not accept bulk shipments of lithium-ion batteries

United Airlines (Chicago) could become a new potential customer of the Boeing 777-300 ER. According to Reuters, Chief Financial Officer, John Rainey, told Reuters United is interested in the stretch Triple Seven as a “good fit its network”. United is considering swapping some Boeing 787s it has on order for the 777-300 ER. However United does not have an immediate interest on the new Boeing 777X design.

Read the full report: CLICK HERE

In other news, United Airlines stated yesterday it will no longer accept bulk shipments of rechargeable batter (lithium-ion batteries), following the lead of Delta Air Lines.

Copyright Photo: Michael B. Ing/AirlinersGallery.com. The 777-300 ER would mesh well with the current 19 Boeing 777-200s and 55 777-200 ERs. Boeing 777-222 ER N226UA (msn 30226) climbs away from Los Angeles International Airport.

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Filed under: United Airlines Tagged: 30555, 777, 777-200, 777-222, 777-300, 777-300 ER, Boeing, Boeing 777, Boeing 777-300, LAX, Los Angeles, N226UA, United Airlines

Airline survey: Travelers oppose airport fee hike – USA TODAY


USA TODAY

Airline survey: Travelers oppose airport fee hike
USA TODAY
About two-thirds of travelers (65%) consider the fees called Passenger Facility Charges a tax, according to the survey sponsored by the industry group Airlines for America, which represents the largest airlines. Each response had a margin of error of 3 ...

and more »

Safety worries lead US airline to ban battery shipments – BBC News


BBC News

Safety worries lead US airline to ban battery shipments
BBC News
United Airlines has become the second major US airline to announce it will no longer carry bulk shipments of lithium-ion batteries. Delta Airlines stopped bulk shipments of the batteries in February. Aviation officials believe lithium-ion batteries ...
United Airlines Won't Accept Rechargeable Battery ShipmentsABC News
Airlines stop accepting rechargable battery shipments due to fire riskFox News

all 136 news articles »

A new theory of what happened to Malaysia Airlines flight MH 370 by Captain Simon Hardy

Malaysia Airlines (Kuala Lumpur) flight MH 370 remains missing after we approach March 8, the first anniversary of the lost flight. Searchers are already stating the search cannot go on forever. It is possible the remains of the pictured Boeing 777-2H6 ER 9M-MRO (msn 28420) with 239 passengers and crew members on board may never be found.

According to this report by news.com.au citing a published report by Flightglobal, “British senior Captain Simon Hardy, who works with a major commercial airline, has claimed that Malaysia Airlines flight MH370 was taken on an emotional “last farewell” near the pilot’s home island of Penang, before being deliberately landed in the ocean.”

Captain Hardy believes Captain Shah made a series of turns over his Penang birthplace as an emotional goodbye before crashing the Triple Seven into the sea with all on board.

Read the full report: CLICK HERE

Copyright Photo: Stefan Sjogren/AirlinersGallery.com. Ill-fated Boeing 777-2H6 ER 9M-MRO (msn 28420) lands at Stockholm (Arlanda) before it went missing.

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Filed under: Malaysia Airlines Tagged: 28420, 777, 777-200, 777-2H6, 9M-MRO, Boeing, Boeing 777, Boeing 777-200, Captain Hardy, Captain Simon Hardy, Malaysia Airlines, MH 370, Missing flight MH 370, Penang

Identity of WestJet’s first B767 revealed

WestJet (WS, Calgary) has put a first widebody jet on its Air Operators Certificate (AOC) ch-aviation has learned. The 23 year-old aircraft is a B767-300(ER), formerly VH-OGJ (msn 25274) with Qantas (QF, Sydney Kingford Smith), which is scheduled to become C-FOGJ on the Canadian registry in due ...

Aerolineas Argentinas takes delivery of the first direct delivery Airbus A330-200

Aerolineas Argentinas (Buenos Aires) has taken delivery of their first new, directly purchased Airbus A330-200 aircraft as a part of the carrier’s fleet renewal strategy.

The aircraft, A330-202 LV-FVH (msn 1605), is equipped with GE engines and joins the airline’s existing fleet of 11 Airbus widebody aircraft, comprising four A330-200s and seven A340s.

Aerolineas Argentinas will deploy its new A330 on long haul routes from their Buenos Aires hub to Miami and New York City, and then Madrid in July 2015.

Aerolíneas Argentinas has been an Airbus operator since 1994 when the airline began flying the A310-300. In February 2013, Argentina’s national airline announced their order for four Airbus A330-200s to renew and consolidate its widebody fleet.

With more than 850 aircraft sold and a backlog of nearly 400, more than 550 Airbus aircraft are in operation throughout Latin America and the Caribbean. In the last 10 years, Airbus has tripled its in-service fleet, while delivering more than 60 percent of all aircraft operating in the region.

Copyright Photo: Jay Selman/AirlinersGallery.com. Sister aircraft, Airbus A330-223 LV-FNL (msn 364) arrives in New York at John F. Kennedy International Airport.

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Filed under: Aerolineas Argentinas Tagged: 364, A330, A330-200, A330-223, Aerolineas Argentinas, Airbus, Airbus A330, Airbus A330-200, airbus aircraft, Buenos Aires, JFK, LV-FNL, New York

Malaysia Airlines Flight 370: From mundane to mystery – CNN


Huffington Post UK

Malaysia Airlines Flight 370: From mundane to mystery
CNN
Hong Kong (CNN) Two hundred and thirty-nine people boarded Malaysia Airlines Flight 370 on March 8, 2014 with nothing more than the anticipation of a quick transit across the Gulf of Thailand, then Thailand, Vietnam and onto China -- home to the ...
MH370: Missing Malaysia Airlines Flight Mystery 'Solved' By British Boeing 777 ...Huffington Post UK
MH370 mystery prompts new plane tracking program 1:31CBC.ca
Malaysia Airlines flight MH370 'was taken on emotional farewell fly past ...Metro
The Beijinger (blog) -MassLive.com -The Detroit News
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Congo’s BlueSky Airlines takes delivery of first MD-83

BlueSky Airlines (Congo Kinshasa) (Kinshasa N'Djili) has taken delivery of its first MD-83 ahead of its planned entry into the scheduled passenger services market. Sources in the Congolese capital, Kinshasa, inform ch-aviation that with an additional three jets of the type due to arrive later ...

Spain’s CanaryFly retires last Metroliner from commercial service

CanaryFly (PM, Las Palmas) withdrew its last remaining Metroliner from revenue service on March 1. The Canary Islands-based carrier originally operated three of the type of which EC-IRS (cn BC-786B) was the last remaining in commercial operation. CanaryFly used the turboprops on short-haul ...

Change at the top for Aberdeen-based airline – Aberdeen Press and Journal


Aberdeen Press and Journal

Change at the top for Aberdeen-based airline
Aberdeen Press and Journal
The new man at the helm is Peter Simpson who was part of the senior management team at British Airways (BA) in 2012 when the parent, International Airlines Group (IAG), threatened to close down bmi regional if it could not sell it. A bmi regional ...

China Southern Adds Guangzhou – Nairobi Service from August 2015

Update at 0910GMT 03MAR15

China Southern starting August 2015 will launch nonstop service to Kenya, as it plans 3 weekly Guangzhou – Nairobi operation with A330-200 aircraft. First flight is scheduled on 05AUG15.

CZ633 CAN0045 – 0700NBO 332 135
CZ634 NBO1335 – 0550+1CAN 332 135

British Airways named UK’s most popular brand – The Guardian


The Guardian

British Airways named UK's most popular brand
The Guardian
British Airways retaining number one spot is a great example of a much-loved traditional brand that has also refreshed, refocused on innovation and invested to remain attractive and relevant. It is winning out while newer innovators, such as Google, go ...
British Airways' Superbrand tops consumer and business brandsThe Drum
BA flies high in superbrands tableExpress.co.uk

all 39 news articles »

Aegean Airlines Expands Egypt Service from late-March 2015

Update at 0800GMT 03MAR15

Aegean Airlines is expanding service to Egypt, as it plans 3 weekly service to Alexandria/Borg el Arab from 29MAR15, and 2 weekly service to Sharm el Sheikh from 30MAR15. Planned schedule as follow.

Athens – Alexandria/Borg el Arab
A3944 ATH2350 – 0150+1HBE DH4 357
A3945 HBE0230 – 0435ATH DH4 146

Athens – Sharm el Sheikh
A3934 ATH2350 – 0220+1SSH 320 15
A3935 SSH0310 – 0540ATH 320 26

Schedules listed above is effective 24APR15 – 24SEP15.

Airlines Move to Better Track Planes a Year After Flight 370 – ABC News


Christian Science Monitor

Airlines Move to Better Track Planes a Year After Flight 370
ABC News
At 656,000 pounds fully loaded and the length of six school buses, the Boeing 777-200ER is hard to miss. Yet nearly one year ago, Malaysia Airlines Flight 370 vanished, taking the lives of 239 passengers and crew in one of aviation's greatest mysteries.
After the disappearance of MH370, how airlines will track their jetsChristian Science Monitor

all 172 news articles »

Air Austral Adds St. Pierre – Rodrigues Island Service in NS15

Update at 0740GMT 03MAR15

Air Austral is launching new route to Mauritius, with 2 weekly St. Pierre de la Reunion – Rodrigues Island operation. This service operates during following period: 08MAY15 – 17MAY15, 10JUL15 – 14AUG15, 09OCT15 – 23OCT15.

UU751 ZSE1025 – 1230RRG AT7 57
UU752 RRG1320 – 1540ZSE AT7 57

CUBANA Adds Seasonal Pointe-a-Pitre Service in July/August 2015

Update at 0720GMT 03MAR15

CUBANA in July and August 2015 plans to commence 1 weekly service on Havana – Pointe-a-Pitre route, on board Antonov An158 aircraft. This service will be operated on Mondays.

CU262 HAV0800 – 1105PTP A58 1
CU263 PTP1205 – 1555HAV A58 1