And as far as United "printing money" in Asia, lets look at DOT reporting. (using 2019 numbers) PACIFIC RASM / CASM/ YIELD / P&L AA - 11.44 13.86 10.03 -2.42 DL - 11.61 9.71 11.36 1.90 UA - 11.70 11.44 12.32 0.26 As hard as it might seem for some, DL actually handily beat UA in profita...Jump to post
Looks like 16 aircraft leases were terminated.
Also, they plan to remain as a smaller airline, with 85 aircraft in the fleet by 2025.
https://www.reuters.com/business/aerosp ... 021-06-15/
Point of my original comments remains that when it came to Polaris, United zigged, while industry zagged. Dense premium cabins are going away in favor more spacious less dense premium products in the industry. People have offered examples of how UAs domestic competitors AA and DL have opted for such...Jump to post
As others just detailed with the AA and DL examples, the industry trend including overseas has been to de-densify premium cabins as ever fancier products are introduced. United was one of the few and certainly largest airlines that bucked this trend and opted for a new cabin product with Polaris tha...Jump to post
Yes United went again the tide and kept a denser premium cabin with Polaris. Its obviously a gamble. From my experience with various client airlines, constricting premium cabin count can have positive financial impacts by reducing pressure on pricing and need to discount along with giving away seats...Jump to post
25 Boeing 737MAX slots to be transferred to a lessors as delivery of the type deferred until 2024
https://simpleflying.com/malaysia-airli ... -max-2024/
I believe one of the significant missteps surrounding Polaris was the companies strong out-of-the-gate marketing for a product that was so elusive for customers to experience with the very small fleet count having been refitted. Sure the pillows and updated food offerings are nice, but 90% of what p...Jump to post
June marks the 5-year anniversary of the Polaris seat product public intro by Oscar. Like the previous Diamond seat, we have seen a pretty slow install. Sad that not all the fleet is equipped yet especially the majority of key 787-9 still missing. Considering premium seat products often only survive...Jump to post
I suspect especially in a tech forward market like California, a growing number of companies will never return to their previous work and travel patterns. Pandemic has proven that for many jobs working remotely can be successfully achieved, and in many cases how wasteful (time & cost wise) busin...Jump to post
Work from home model remains for corporate America. https://pbs.twimg.com/media/E3rd9sDWUAMFqj_?format=jpg&name=medium https://pbs.twimg.com/media/E3rd9sDWUAMFqj_?format=jpg&name=medium Heck most airline HQ's are still not staffed up either. In my personal experience, I don't have a single c...Jump to post
American Airlines announced it will invest in Vertical Aerospace, UK based company developing electric vertical takeoff and landing (eVTOL) aircraft. As part of its investment in Vertical, American has agreed to pre-order, subject to certain future milestones and other terms, up to 250 aircraft, rep...Jump to post
LATAM Group asked the court to extend until September 2021 the deadline for it to present its restructuring plan.
Also agreed on an additional draw request under its DIP Credit Agreement for the amount of US$500 million.
Aeromexico asked the court for additional extension until 25 October 2021, to submit its reorganization plan. Also reported the carrier is looking for alternate lenders which could replace Apollo Global Management which funded the $1 billion rescue plan for the airline last year. https://www.bloombe...Jump to post
United reported in talks to purchase 100-150 additional 737Max
https://www.bloomberg.com/news/articles ... f=CMQY7IGK
Last day for 737-700 at ANA Wings will be June 27 with service from Okayama to Haneda.
AirAsia Group said its logistics arm, Teleport, will begin cargo operations with a dedicated 737-800F freighter by late 2021. The service is planned to operate out of the group’s Bangkok hub to add capacity and strengthen its route network between China, India and Southeast Asia and improve cargo co...Jump to post
Garuda says its returning pair of 737s to lessor early.
https://www.reuters.com/business/aerosp ... 021-06-07/
CLEAR Secure, Inc. today announced that it plans IPO and seeking to raise $100mil funding. SEC prospectus filing https://www.sec.gov/Archives/edgar/data/1856314/000110465921077600/tm2112714-9_s1.htm The subscription service with 5.2mil members in 2019 has not yet been able to be profitable since rel...Jump to post
Cathay Pacific has confirmed it will shut its Australian pilot base
https://australianaviation.com.au/2021/ ... lian-base/
Anko is no longer the CEO - he went to SAS >> https://www.airliners.net/forum/viewtopic.php?f=3&t=1459615 Avianca's new CEO is now Adrian Neuhauser, who only this week said the airline fleet would shrink as part of its Ch.11 restructuring with the airline. Not sure one should expect much growth ...Jump to post
EU-ASEAN have had default open skies already since 2019 with 37 of then 38 countries already having ratified the agreement.Jump to post
State-owned enterprises minister Erick Thohir says Garuda (and its subsidiary Citilink) will focus on the domestic market, and not the international market. Even pre-pandemic 78% of all traffic in Indonesia was domestic and pivoting to capture a larger slice of domestic market better would help ease...Jump to post
Extensive thread on the topic >>>> viewtopic.php?f=3&t=1459225Jump to post
AirAsia X shareholders approve corporate restructuring plan https://newsroom.aviator.aero/airasia-x-shareholders-approve-corporate-restructuring-plan/ Shareholders of the long-haul affiliate of AirAsia Group approved all resolutions at an extraordinary general meeting, including a rights issue and a...Jump to post
Looking really bad in South America
https://pbs.twimg.com/media/E2zt65SVUAQ ... name=large
Vietnam suspending already restricted international flights at Hanoi in an effort to contain a coronavirus outbreak. https://www.flightglobal.com/airlines/vietnam-suspends-international-flights-to-hanoi-ho-chi-minh-city/143971.article https://www.reuters.com/article/health-coronavirus-vietnam/vietna...Jump to post
Philippines and Thailand competition authorities approve the OZ takeover.
http://www.orientaviation.com/articles/ ... ilippines-
Still waiting on big ones including China, EU, U.S.and home market Korean authorities.
Deal signed. Air Do and Solaseed Air to merge in 2022 and set up a joint holding company to facilitate the merger. Carriers aim to lower their costs through standardization and more efficient use of resources, such as personnel and facilities. The two airlines will decide the investment ratio of eac...Jump to post
With huge debt pile and potential losses for years to come, its clear from their statements that are focused on the short term and whatever long haul flying they do should generate positive earnings and not become a burden. Unfortunately, this means the abandonment of markets and smaller global netw...Jump to post
Apparently, N744ST has been sold and flew on Friday to SAT to have tanks and related equipment removed.
https://flightaware.com/live/flight/N74 ... /KMWH/KSAT
Mass cancelations as Melbourne Australia goes back into lockdown
https://www.9news.com.au/national/coron ... fa3b4353cf
https://simpleflying.com/melbourne-airp ... -lockdown/
Subscription Airline Weekly had an interview with VP network Brian Znotins. Here some highlights. o Confident of recovery, but AA network must evolve to demand changes o Without much business demand, some markets must be abandoned or see reduced frequencies. o Moving capacity into markets that have ...Jump to post
According to subscription Airline Weekly, reports Mesa moving forward with establishing AOC (no hint as to which country)
Per Ornstein "European regional flying is undergoing a transformation presenting Mesa with opportunities for growth"
Hawaiian Airlines announced that it will not restart its ‘Ohana by Hawaiian passenger service between Honolulu and Moloka‘i and Lāna‘i as well as its statewide ATR freighter cargo service. Passenger service with ATR 42 aircraft was suspended in March 2020 with a decline in Neighbor Island travel res...Jump to post
Russia overflights are routing-specific and have entry and exit points and generally applied for months in advance.
If you show up at a different location than intended in approval, then the respective ATC unit will rightfully deny entry.
A look at how block hours playing out. Still long way to go for recovery.
Guess LATAM can go back to being LAN again
While the LAN-TAM merger made sense in many ways, it seems the not only has the integration been difficult, but many external factors including the Brazilian economy and now COVID created challanges.
DOT is out today with an order requesting parties supply a long list of additional information in order to analyze the proposal. From reading between the lines seems DOT is carefully looking at how the competition plays out between United States/Canada and the South American region in a post COVID w...Jump to post
And it's official
Federal Aviation Administration Announces Results of Mexico’s Safety Assessment
https://www.faa.gov/news/press_releases ... wsId=26142
Volaris put out a statement regarding the expected downgrade. https://www.webinfomil.com/2021/05/volaris-transmite-tranquilidad.html?m=1 Basically says the downgrade is related to Mexican government compliance and not airlines. Volaris maintains compliance with all industry safety standards. For U.S...Jump to post
Interesting to see how the values of popular freighter feedstock like the 767-300 climbed. Types popularity driven by folks like Amazon and market tightness drove values up for even 30-year-old frames. Will be interesting how long 763 values stay up as some larger fleet retirements such as Delta ar...Jump to post
SMBC Aviation Capital placed new order for 14 additional 737-8 jets, growing its 737 MAX portfolio to 121.
https://boeing.mediaroom.com/2021-05-25 ... 7-MAX-Jets
Yes certainly Volaris is the market leader on the Mexican side for U.S. flights.
I dont have the data, but I have heard that todays Volaris U.S. schedule is already larger than its pre-Covid flying, while AM on the other hand is significantly smaller and would be left with the inability to restore.
Not much need for business travel when many corporate offices are not staffed. heck even airline HQs like AA and UA are not staffed much today with bulk of staff working from home. I don't have a single U.S. client that has open corporate offices today, and those overseas likely not be open well int...Jump to post