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Swiss With 61 Mi Profit In First Six Month  
User currently offlineZRH From Switzerland, joined Nov 1999, 5566 posts, RR: 36
Posted (4 years 1 day 2 hours ago) and read 3672 times:

Compared to many competitors SWISS International made a profit of CHF 61 mi (USD 58 mi, € 44 mi) in the first six month of the year. Despite of the problems with the volcano in the first quarter. They will expand the fleet with an additional A 333 and two A 320.
Here is the press release:
http://www.swiss.com/web/EN/about_sw..._id=SMM_Facebook_FinancialReportQ2

21 replies: All unread, jump to last
 
User currently offlineKFlyer From Sri Lanka, joined Mar 2007, 1226 posts, RR: 0
Reply 1, posted (4 years 6 hours ago) and read 3361 times:

Will they be replacing all 332s with 333s ? Does this mean any new long hauls are less likely to be added ?


The opinions above are solely my own and do not express those of my employers or clients.
User currently offlineZRH From Switzerland, joined Nov 1999, 5566 posts, RR: 36
Reply 2, posted (4 years 3 hours ago) and read 3246 times:

Quoting KFlyer (Reply 1):
Will they be replacing all 332s with 333s ? Does this mean any new long hauls are less likely to be added ?

All 332 are replaced by 333 by end of the year. As I know only 2 332 are left or even only one at the moment? A new long haul destination already has been added: SFO since June. With the 10th 333 probably another will be but nothing yet announced. By then SWISS will fly 25 long-haul frames: 15 343 and 10 333.


User currently offlineRJ111 From , joined Dec 1969, posts, RR:
Reply 3, posted (4 years 3 hours ago) and read 3244 times:

Interesting that the LH group seems to strongly prefer the A333 over the A332.

User currently offlineB738FlyUIA From Switzerland, joined Dec 2009, 547 posts, RR: 0
Reply 4, posted (4 years 3 hours ago) and read 3181 times:
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Quoting ZRH (Reply 2):
All 332 are replaced by 333 by end of the year


Sorry for the bad quality, there HB-IQI / IQH that saw yesterday... Who will be new onwer's of them?

If correct there still IQA & C in service for LX?

But great news for the profit! Also saw this in local news last night and they mentioned will add more A333 but no new routes. Have these been ordered yet?



Next Flt: ZRH-KBP-ALA-TSE Rtn on PS/DV 29.7 - 11.8.2014
User currently offlineRobffm2 From Germany, joined Dec 2006, 1115 posts, RR: 0
Reply 5, posted (4 years 3 hours ago) and read 3166 times:

Quoting RJ111 (Reply 3):
Interesting that the LH group seems to strongly prefer the A333 over the A332.

I wondered that too.
But I guess that just don't have the need for such a plane of such range/capacity combination.


User currently offlineCRJ900 From Norway, joined Jun 2004, 2172 posts, RR: 1
Reply 6, posted (4 years 2 hours ago) and read 3140 times:
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Quoting RJ111 (Reply 3):
Interesting that the LH group seems to strongly prefer the A333 over the A332.

I think LH Group finds the A332 too small as long as they have lavish First class cabins and big J cabins on long flights. The A333 has more floorspace for all this plus a decent sized Y cabin.

Good on Swiss to make a profit. I assume LH will make a profit too...



Come, fly the prevailing winds with me
User currently offlinecolumba From Germany, joined Dec 2004, 7057 posts, RR: 4
Reply 7, posted (4 years 2 hours ago) and read 3087 times:

The A333 carries more cargo than the A332 which might also be a reason why LH group prefers it over the A332.
I hope that someday Swiss will get a larger aircraft. Maybe the A350-1000 or even better the A380  



It will forever be a McDonnell Douglas MD 80 , Boeing MD 80 sounds so wrong
User currently offlineZRH From Switzerland, joined Nov 1999, 5566 posts, RR: 36
Reply 8, posted (3 years 12 months 4 days 22 hours ago) and read 2934 times:

Quoting Robffm2 (Reply 5):

Quoting RJ111 (Reply 3):
Interesting that the LH group seems to strongly prefer the A333 over the A332.

I wondered that too.
But I guess that just don't have the need for such a plane of such range/capacity combination.


As already mentioned the 332 became too small for SWISS as they offer three classes. So in the future the 787-8 is a no-go but rather the 787-9 or even the 359.


User currently offlinedalce From Netherlands, joined Feb 2007, 1676 posts, RR: 7
Reply 9, posted (3 years 12 months 4 days 22 hours ago) and read 2903 times:

Now I wonder whether those additional aircraft will all be new?
I think the 330 will be factory fresh, but does anybody have inf where those 320's will come from?
Last year HB-IJX was added and came from AB ( ? )



flown on : F50,F70,CR1,CR2,CR9,E75,143,AR8,AR1,733,735,736,73G,738,753,744,319,320,321,333,AB6.
User currently offlineZRH From Switzerland, joined Nov 1999, 5566 posts, RR: 36
Reply 10, posted (3 years 12 months 4 days 22 hours ago) and read 2880 times:

Quoting B738FlyUIA (Reply 4):
But great news for the profit! Also saw this in local news last night and they mentioned will add more A333 but no new routes. Have these been ordered yet?

SWISS has ordered 11 333. 10 of them will be in service by the end of the year, the 11th goes to Edelweiss.

Quoting columba (Reply 7):
I hope that someday Swiss will get a larger aircraft. Maybe the A350-1000 or even better the A380

Yes that that would be nice. But for the near future I don't see the 380 but perhaps the 350-1000. Though the 350-8 and -9 seem to be reasonable. As I already said the 380 too big and the 787-8 too small.


User currently offlineThorben From , joined Dec 1969, posts, RR:
Reply 11, posted (3 years 12 months 4 days 21 hours ago) and read 2856 times:

Quoting columba (Reply 7):
The A333 carries more cargo than the A332 which might also be a reason why LH group prefers it over the A332.

Look at LX:

A332: 12F + 42C + 142Y = 196 seats.
A333: 8F + 45C + 183Y = 236 seats, with a better C class (5 instead of 6-abreast) Add more cargo to those 40 seats and compare operating a fix costs that are slightly higher, certainly not 20% higher.

A333 and A343 is a good combo, same capacity but different ranges.
A332 and A343 means similar range with different capacity. However, not all routes in the LX long-haul network have the same range.

Quoting columba (Reply 7):
I hope that someday Swiss will get a larger aircraft. Maybe the A350-1000 or even better the A380

I was always hoping for the A346 in LX colours, but I fear it won't happen.

A380? I dunno, I feel rather that LX will remain the gem of the LH world, not the cattle carrier.

Quoting RJ111 (Reply 3):
Interesting that the LH group seems to strongly prefer the A333 over the A332.

Yep, even Edelweiss Air, owned by LX, will replace its single A332 with an A333.

http://atwonline.com/aircraft-engine...ts/news/edelweiss-orders-a330-0427


User currently offlineLXA340 From Switzerland, joined Nov 2006, 2122 posts, RR: 4
Reply 12, posted (3 years 12 months 3 days 2 hours ago) and read 2669 times:

Quoting B738FlyUIA (Reply 4):
If correct there still IQA & C in service for LX?


Currently there are another 3 A332-a in service IQA, IQC and IQQ. Mostly only IQA and IQQ are used for YUL and TV flights however IQC is used occasionally to CAI and as a replacement if planes go TECH as it was a few days ago when an A343 went tech in MIA it operated a flight to JFK.


User currently offlineViscount724 From Switzerland, joined Oct 2006, 24865 posts, RR: 22
Reply 13, posted (3 years 12 months 2 days 12 hours ago) and read 2401 times:

Quoting ZRH (Thread starter):
Compared to many competitors SWISS International made a profit of CHF 61 mi (USD 58 mi, € 44 mi) in the first six month of the year.

That's operating profiit, not net profit. When you use the word "profit" by itself, most people would think it means net profit. They don't seem to mention their net profit. Recent profits reported by several major US carriers were net, not operating. What was LX's net profit for the first 6 moinths? When a company only reports operating profits, it's sometimes a hint that their net result may have been a loss.


User currently offlineSR4ever From Luxembourg, joined Mar 2010, 800 posts, RR: 1
Reply 14, posted (3 years 12 months 2 days 2 hours ago) and read 2236 times:

All those news are quite welcome, particularly in terms of network/frequency expansion.

Perhaps the ZRH-EWR flight could be upgraded from 738 to 333, especially as CO is now in *A, and EWR is no longer a dead end for LX as a result.

This notwithstanding, LX should perhaps consider new destinations. I understand that 2010-2011 should primarily be a consolidation period so that the adverse impact of the crisis can be fully absorbed, but once done, it should further expand.

No to middle or low-tier airports, but major/fast-growing intercontinental destinations, such as:

- ICN, code-share with OZ
- PEK, code-share with CA
- CAN, code share with CA
- ITM, code-share with NH
- BLR, code-share with AI
- KUL
- BAH or AUH
- MRU
- DKR or LOS
- GIG, code-share with JJ
- IAH, code-share with CO

Perhaps one may also suggest that it operates itself the current *A partners flights ZRH-IAD and ZRH-YYZ.

In terms of longhaul fleet renewal, I think LX is likely to observe how the A350 will perform from 2013 to 2015. If the feedback from the first customers is positive, I see the 359 as a likely, fuel-efficient replacement for the current 343. Remember how it worked 20 years ago for the SR shorthaul fleet: they observed how the A320 performed with its first customers for 2yrs, before placing orders themselves...

In the meantime, more 333 could help with displacing some 343 from BOS, MIA, CAI and TLV to new, more remote destinations...


User currently offlineSomeone83 From Norway, joined Sep 2006, 3322 posts, RR: 3
Reply 15, posted (3 years 12 months 2 days 2 hours ago) and read 2201 times:

The extra long-haul capacity will be used to improve frequencies on several routes

User currently offlineaviationmaster From Switzerland, joined Oct 1999, 2479 posts, RR: 34
Reply 16, posted (3 years 12 months 2 days 1 hour ago) and read 2139 times:

Quoting SR4ever (Reply 14):
Perhaps the ZRH-EWR flight could be upgraded from 738 to 333, especially as CO is now in *A, and EWR is no longer a dead end for LX as a result.

LX returning to EWR with their own metal doesn't seem so far fetched anymore now that CO has joined *A. Apparently CO is going to upgrade their EWR-ZRH flight from a B762 up to a B764 starting January 2011.

Does anyone know when we can expect a LX/CO codeshare?

Quoting SR4ever (Reply 14):
- IAH, code-share with CO

That would be a great additon. I can see IAH playing a similar role like DFW did during the SR/LX/AA days, since its location is great for connections to Mexico and other Latin American destinations.

Quoting SR4ever (Reply 14):
No to middle or low-tier airports, but major/fast-growing intercontinental destinations, such as:

Especially with the entry of the B787, what are the chances of those airlines flying their own metal to ZRH (with a LX codeshare)?

Quoting SR4ever (Reply 14):
- DKR or LOS

Didn't LX have flights to DKR at some point?


User currently offlineSR4ever From Luxembourg, joined Mar 2010, 800 posts, RR: 1
Reply 17, posted (3 years 12 months 2 days 1 hour ago) and read 2124 times:

Quoting Someone83 (Reply 15):
The extra long-haul capacity will be used to improve frequencies on several routes

Stepping DEL, SFO and BKK to 1 daily flight is a welcome move, and shall definitely consolidate the current longhaul network. So will a 6-weekly service to NBO/DAR.

But these improvements are short-term ones, to be delivered within 1 yr.

Once such consolidation is effective, LX should consider adding further destinations.

[Edited 2010-08-02 04:42:16]

User currently offlineAntonovA330 From Switzerland, joined Jul 2007, 333 posts, RR: 0
Reply 18, posted (3 years 12 months 2 days 1 hour ago) and read 2112 times:

Quoting aviationmaster (Reply 16):
Didn't LX have flights to DKR at some point?

ACC and i think LOS were LX destinations, DKR was served by SR.

Quoting SR4ever (Reply 14):
ICN

For the experts, how are the chances we might see ICN added?



Good day to you sir! Please turn left, your seat is in the first row.
User currently offlineSR4ever From Luxembourg, joined Mar 2010, 800 posts, RR: 1
Reply 19, posted (3 years 12 months 2 days 1 hour ago) and read 2078 times:

Quoting aviationmaster (Reply 16):
LX returning to EWR with their own metal doesn't seem so far fetched anymore now that CO has joined *A. Apparently CO is going to upgrade their EWR-ZRH flight from a B762 up to a B764 starting January 2011.

Wait and see.

The LX and the CO flights ZRH-EWR offer an interesting combination in terms of timetable, while Privatair offers a substandard product compared to LX 333 in J class.

The 2 ZRH-JFK flights by LX have pretty good loadings, so a bit more capacity on ZRH-EWR wouldn't hurt.

Quoting aviationmaster (Reply 16):
Especially with the entry of the B787, what are the chances of those airlines flying their own metal to ZRH (with a LX codeshare)?

It may happen, but some of those carriers may see ZRH too small and may therefore prefer to allocate their brand-new 787 to bigger destinations.

While I think LX should be the reference carrier to/from ZRH within *A, GVA should be left to other *A partners, including the JFK flight, which UA shall operate if still targeted to JFK, or CO if re-routed to EWR.

Quoting AntonovA330 (Reply 18):
ACC and i think LOS were LX destinations, DKR was served by SR.

Indeed, but I believe SR left DKR when SN joined SAirGroup.

In the past, SR would fly to loads of African airports, yet often with poor frequency. Better focus on a few major airports with potential for (near) daily service such as DKR, ACC and LOS, and leave smaller-potential destinations to SN within *A.


User currently offlineLXA340 From Switzerland, joined Nov 2006, 2122 posts, RR: 4
Reply 20, posted (3 years 12 months 1 day 17 hours ago) and read 1906 times:

Quoting SR4ever (Reply 19):
While I think LX should be the reference carrier to/from ZRH within *A, GVA should be left to other *A partners, including the JFK flight, which UA shall operate if still targeted to JFK, or CO if re-routed to EWR.

GVA is a prestige route of LX and additionally it does supposedly very well, therefore no point to get rid of it. However this will be the one and only long haul destination served by LX from GVA in the long term. Considering the aircraft usage with the ZRH-JFK-GVA-JFK-ZRH routing is efficient as well, there is no point to make any changes.


User currently offlineSR4ever From Luxembourg, joined Mar 2010, 800 posts, RR: 1
Reply 21, posted (3 years 12 months 23 hours ago) and read 1716 times:

Quoting LXA340 (Reply 20):
GVA is a prestige route of LX and additionally it does supposedly very well, therefore no point to get rid of it. However this will be the one and only long haul destination served by LX from GVA in the long term. Considering the aircraft usage with the ZRH-JFK-GVA-JFK-ZRH routing is efficient as well, there is no point to make any changes.

The aircraft use is certainly very efficient, but leaving GVA-JFK/EWR to UA/CO would release 1 333, meaning that 1 more daily flight could connect ZRH with Eastern/Central US or Central Africa or the Middle East or India...

Once UA and CO have merged their products with an upgraded 3-class cabin (UA First and CO Business), GVA-JFK will not lose anything out if transferred from LX to new UA...


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