fcogafa
Topic Author
Posts: 870
Joined: Fri May 16, 2008 4:37 pm

Gulf Air Cancels 20 X A330s

Mon Nov 12, 2012 6:12 pm

Received this mail from Flightglobal, although it isn't on their site. With B787 production building up I wonder if this is the beginning of the end for the A330?

======================================
Gulf Air axes A330 order in favour of A320 and A320neo

Middle Eastern carrier Gulf Air is cancelling its order for 20 Airbus A330s in favour of taking up to 16 Airbus A320neos and eight baseline A320s.

It has also set out a requirement for 12-16 Boeing 787s to meet its long-haul needs.

The airline has been involved in drawn-out negotiations with Airbus and Boeing following the development of a broad restructuring plan which focuses on regional connections.

Gulf Air says it has "signed amendment agreements" with both airframers.

It A330-300 order was originally placed in 2008. But the airline's revised strategy, implemented after chief executive Samer Majali took over, moves the Bahrain-based carrier towards a network and fleet based on high-frequency regional connections.

Under the new deal with Airbus the carrier will axe the A330 order and instead take delivery of eight A320s - all of which must be delivered by the end of this year.

It will also acquire up to 16 A320neo twinjets to replace and expand the single-aisle fleet towards the end of the decade.

Airbus has been holding an extensive A330-300 cancellation, for 14 aircraft, on its books for several weeks, but had not identified the customer.

Gulf Air had already cut its 787 orders to 16 but the new agreement indicates that this could be reduced further, to a dozen aircraft.

The 787s will arrive "towards the end of the decade", says the carrier, and replace its widebodies. Gulf Air conducts long-haul operations with a mix of Airbus A330s and A340s.

Majali says the revision more than halves the loss-making carrier's long-term financial liability, which had stood at some $5 billion, while the order change "more effectively" meets Gulf Air's requirements.
==========================================
 
User avatar
KarelXWB
Crew
Posts: 20238
Joined: Sun Jul 15, 2012 6:13 pm

RE: Gulf Air Cancels 20 X A330s

Mon Nov 12, 2012 6:24 pm

Quote:
With B787 production building up I wonder if this is the beginning of the end for the A330?

I don't think so. Turkish Airlines just ordered 15 A330s and the 787 is still sold out until 2018. Gulf Air is just having financial problems, they even cancel some of the 787 orders.
Close, but no cigar http://vine.co/v/OjqeYWWpVWK
 
User avatar
viasa
Posts: 1438
Joined: Sat Jun 18, 2005 10:29 pm

RE: Gulf Air Cancels 20 X A330s

Mon Nov 12, 2012 6:28 pm

I hope that this would be the right decision for the turn around. GF was THE airline from the arabian gulf before the start of EK, EY, QR, too bad to see the Golden Falcon flying this way...
 
User avatar
3rdGen
Posts: 282
Joined: Wed Jul 13, 2011 7:19 pm

RE: Gulf Air Cancels 20 X A330s

Mon Nov 12, 2012 6:40 pm

Its good to hear that the restructuring deal with A and B is finally complete. The airline is in a sorry state, due to massive mismanagement for over a decade followed by political problems in Bahrain.

Since the exit in investment and subsequent competition from neighboring states GF has had to decide what exactly it is/was. Oman, Abu Dhabi and Qatar were, in terms of financial clout, the more important parteners the airline could never return to what it was in its golden age with only Bahrain owning the majority stake. Bahrain is the poorest of the 6 GCC nations and does not have the vast oil and gas reserves that have made Qatar Airways and Etihad major players on the international aviation market.

The new CEO Samer Majali has done a good job of restructuring the airline. As unhappy as people within the airline are, and justifiably so, GF missed the boat years ago to compete with Emirates. And to be honest the partners within who had the cash to allow it to compete disappeared and started their own airlines, GF didn't stand a chance. But the airline still has the chance to mark out a place for itself as a niche airline with an easy hub to transit through, and a simple but efficient product.

Their Business class in the narrow boy is by far one of the best narrowbody business classes in the world, and if they can live up to their promise of live tv, wifi etc. I would say that it would be a great way of jetting across the Middle East, India and North Africa. Unfortunately, they've also been hampered with inadequate facilities at Bahrain Airport, which hasn't seen any real development to its terminal since it was built 20 years ago. This is while the competition are opening/have opened new state-of-the-art facilities

People always speak fondly about flying on GF and most former employees speak of it in glowing terms, especially the camaraderie between the staff. Its history in the region is sort of similar to Pan Ams in the US, being the first carrier in the region, the pioneer, flying a few pax and mail around the Gulf, and then becoming one of the worlds premier carriers, but finally being brought down to almost nothing by the newer competition and political turmoil. The only positive point is that unlike Pan Am it is now the national carrier of a country that won't let it fail completely, so the Golden Falcon will keep flying a little longer. InshAllah
لا اله الا الله محمد رسول الله
 
vincewy
Posts: 533
Joined: Mon Oct 03, 2005 8:32 am

RE: Gulf Air Cancels 20 X A330s

Mon Nov 12, 2012 8:15 pm

Any word on their flights to BKK and MNL? It looks like all European routes will be cut except LHR and FRA, I haven't heard of any words regarding flights to Far East.
 
User avatar
scbriml
Posts: 13476
Joined: Wed Jul 02, 2003 10:37 pm

RE: Gulf Air Cancels 20 X A330s

Mon Nov 12, 2012 8:19 pm

Quoting fcogafa (Thread starter):
With B787 production building up I wonder if this is the beginning of the end for the A330?

You do know it has sold more than any other widebody so far this year? By a good margin as well. It would seem to be in rude health, not quite ready for the hearse yet.
Time flies like an arrow. Fruit flies like a banana!
 
User avatar
EPA001
Posts: 3797
Joined: Tue Sep 12, 2006 8:13 pm

RE: Gulf Air Cancels 20 X A330s

Tue Nov 13, 2012 1:38 am

Quoting scbriml (Reply 5):
You do know it has sold more than any other widebody so far this year? By a good margin as well. It would seem to be in rude health, not quite ready for the hearse yet.

Totally agree. And she did it not only this year.  .

Quoting fcogafa (Thread starter):
With B787 production building up I wonder if this is the beginning of the end for the A330?

Gulf Air is reducing their number of ordered B787's even more, for a second time. Is that the beginning of the end of the B787? I do not think so. So why are you putting up this question? it seems totally out of place imho, especially in light of the sales succes the A330 is still enjoying, even over the B787.  .
 
User avatar
EK413
Posts: 4338
Joined: Sat Nov 29, 2003 3:11 pm

RE: Gulf Air Cancels 20 X A330s

Tue Nov 13, 2012 3:08 am

Wasn't GF the national carrier of the gulf prior to the birth of EK, EY & QR...

EK413
Good evening, ladies and gentlemen. We are tonight’s entertainment!
 
User avatar
3rdGen
Posts: 282
Joined: Wed Jul 13, 2011 7:19 pm

RE: Gulf Air Cancels 20 X A330s

Tue Nov 13, 2012 3:56 am

It was the national carrier of

Bahrain
Qatar
Abu Dhabi
Oman

It was the main carrier in the Persian Gulf, no one else around. Now it only belongs to Bahrain. But what people don't realize is that its heritage lives on in the other three carriers, Etihad, Qatar, Oman Air. Many of the procedures, training and other expertise for these airlines was born out of their experience with GF. Even today GF has one of the better training standards around the Gulf and there are many ex-GF pilots plying their trade with the new breed, many in high positions in management and training. As the GF name and logo lives on many people consider it to still be the entity it once was, in reality it split up and out of its ashes was born EY, QR and Oman Air.
لا اله الا الله محمد رسول الله
 
User avatar
EK413
Posts: 4338
Joined: Sat Nov 29, 2003 3:11 pm

RE: Gulf Air Cancels 20 X A330s

Tue Nov 13, 2012 4:14 am

Quoting 3rdGen (Reply 8):

I always knew that was the case and it's interesting how QR and EY left GF behind to bleed... You would've expected better treatment but then again business is business right...?

EK413
Good evening, ladies and gentlemen. We are tonight’s entertainment!
 
Hamlet69
Posts: 2470
Joined: Thu Mar 09, 2000 2:45 am

RE: Gulf Air Cancels 20 X A330s

Tue Nov 13, 2012 4:25 am

Quoting scbriml (Reply 5):
You do know it has sold more than any other widebody so far this year?

. . . just to play Devil's Advocate: guess who is #2 in that category at the moment? (no, not the 787)

 


Regards,

Hamlet69
Honor the warriors, not the war.
 
cityairline
Posts: 505
Joined: Wed Nov 30, 2005 12:29 am

RE: Gulf Air Cancels 20 X A330s

Tue Nov 13, 2012 2:16 pm

Quoting KarelXWB (Reply 1):
I don't think so. Turkish Airlines just ordered 15 A330s

Exactly, and Philippine Airlines just ordered 20 of them two months ago. I don't see the A330 going anywhere quite yet.

Quoting vincewy (Reply 4):
Any word on their flights to BKK and MNL? It looks like all European routes will be cut except LHR and FRA, I haven't heard of any words regarding flights to Far East.

Sad to see that these are the only Southeast Asian destinations left for GF.
MNL recently got increased from 9 to 11 weekly, so I hope that's a good sign, although if the airline bleeds, the airline bleeds.
I don't fly to live, I live to fly...
 
vincewy
Posts: 533
Joined: Mon Oct 03, 2005 8:32 am

RE: Gulf Air Cancels 20 X A330s

Tue Nov 13, 2012 3:51 pm

Quoting CityAirline (Reply 11):
Sad to see that these are the only Southeast Asian destinations left for GF

Indeed, I wouldn't be surprised if they cut 787 order down to 6 frames, the only WB routes they'll possibly need with proposed cut - LHR, BKK, MNL, JED. 2 frames for LHR and the other 4 will be more than enough for BKK, MNL, JED.

MNL is unique since it's largely O&D, there're large Filipino migrant workers nearby in Dammam. If GF is gone, perhaps SV (already a few flights) and PR can fill in.
 
bastew
Posts: 742
Joined: Fri Sep 15, 2006 9:21 pm

RE: Gulf Air Cancels 20 X A330s

Thu Nov 15, 2012 5:43 pm

I've read on another forum that it has been reported in the Bahrani press recently that GF will only continue to operate the routes that it has agreed financial support from the government for and that BKK is not one of them. The thread lists the quoted cities as:

Abu Dhabi
Amman
Baghdad
Basra
Beirut
Cairo
Damascus
Dammam
Doha
Dubai
Arbiel
Asfhan
Islamabad
Istanbul
Jeddah
Karachi
Kuwait
Lahore
London
Mashhad
Madina Munawara
Mumbai
Muscat
Najaf
New Delhi
Paris
Peshawar
Riyadh
Sanaa'
Shiraz
Tehran

So it's only two long haul routes would be LHR and CDG.

The thread i read though offers no link, just that 'I read in a Bahrani Arabic Newspaper'....

Can any of our ANET friends in the mid east shed any light?