CEO Walter Cho says they are still working out details of Hanjin Group ownership structure, but goal was to maintain family harmony as late chairmans wife, two sisters and himself could maintain equal stakes. https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/korean-air-ceo-says-ownership-0...Jump to post
MAS CEO says outside investors "could bring MAS to the next level, in terms of funds, knowledge and experience." CEO says it would be a mistake however to sell the entire airline or shut it down, preferring outside investor instead. Apparently, Khazanah Nasional is due to announce its pla...Jump to post
Fact is T5 has hardly been an ideal home for HA with significant day to day ops challenges, so a move could have an upside. At MSC, HA will not have to contend with limitation of only 2 A330 capable widebody gates at T5 they can access which has limited their schedule flexibility at LAX and also has...Jump to post
Tentatively approved. Secretary Elaine Chao announces Department of Transportation tentatively grants antitrust immunity for American-Qantas https://afn.ajot.com/articles/full/secretary-elaine-chao-announces-department-of-transportation-tentatively-grants-antitrust-immunity-for-american-qantas Full ...Jump to post
Its an interesting situation these mainline owned hybrids find themselves when in many ways they are integral parts of their parents networks, yet outside of any alliance relationships.Jump to post
DOT tentative approval could come as soon as this week.
https://www.reuters.com/article/us-usa- ... SKCN1T4041
The man brought in to lead a turnaround has submitted his resignation. Its pretty clear there is not much of a commitment to move ahead with the tough changes that are needed if the airline will become anything more than a drain on the national treasury. SAA CEO Vuyani Jarana has resigned According ...Jump to post
Expropriation is a dirty thing, and good the Argentine government must pay something for damages.Jump to post
Largest mainland-APAC markets YE09/2018 1. LAX-ICN - 1,091,113 2. SFO-HKG - 1,045,964 3. LAX-TPE - 1,011,489 4. LAX-HKG - 1,001,436 5. LAX-SYD - 918,232 6. SFO-TPE - 898,017 7. LAX-NRT - 878,144 8. LAX-PVG - 822,517 9. JFK-ICN - 690,404 10. SFO-ICN - 677,909 (Note: These are airport pairs. If city-p...Jump to post
The United Arab Emirates has emerged as a surprise customer for KC-46A Pegasus, having formally made a request to buy 3 of the tanker aircraft, according to manufacturer Boeing. https://www.defensenews.com/global/mideast-africa/2019/05/31/uae-issues-formal-request-to-buy-kc-46a-tanker-says-boeing/ =...Jump to post
And today DOT approved VN's 2016 application for SGN-LAX service.Jump to post
ICAO says Thailand achieved a standards score of 65%, which while exceeds the minimum passIng score of 60% is hardly a wringing endorsement of Thai civil aviation sector.
I am sure ICAO has many findings that will require corrective action before they seek an FAA review.
TK and Do&Co sign 15-year agreement to extend their catering joint venture.
TK will also purchase the Do&Co hotel property in Ortakoy.
https://investor.turkishairlines.com/en ... osures-380
There should be plenty of space for competition between LA and Seoul. As the largest US mainland to Asia market, Premia only needs to garner small pieces of the pie to fill it's planes. Even with 100% load factor they would only represent about 15% of the market. Add in some stimulation there should...Jump to post
In addition to 8 firm they have options for 12 more.
To me spending is by far the most logical means and am glad airlines increasingly following other consumer sectors (hospitality, retail etc) by using spending at the primary criteria in their loyalty programs.Jump to post
There is more to Asia than just NRT. There are two things that have allowed UA to maintain a relative strong hold across the Pacific. First and foremost is our SFO hub and secondly was the merger with CO which gave UA access to 787s far sooner than UA would have ever had without it. My last stateme...Jump to post
LATAM statement: "After more than two years and a thorough evaluation by the competent technical authority, we are surprised that the Supreme Court has dismissed both the benefits for passengers and the mitigations requested by the TDLC. We are convinced that the JBAs are the future of the indu...Jump to post
Considering how terrible this flying allegedly did per AA's own words, nothing really has changed even in the CZ partnership that would turn its fortunes around. Don't think filling the plane was the issue for AA, its more to do with dynamics of market pricing which today still remains quite low and...Jump to post
Citing ongoing losses GA reported to drop London service again "after the summer holiday", and reduce Amsterdam service from 6 to 3 times weekly. https://www.thejakartapost.com/news/2019/05/23/garuda-closes-routes-reduces-flight-frequencies-in-response-to-new-airfare-policy.html = Some mig...Jump to post
People Express (version 2) founder Michael Morisi was indicted on 18 charges of fraud and tax evasion and charged with defrauding creditors of the failed airline. Airline founder indicted on fraud charges https://pilotonline.com/news/local/crime/article_267cc5e4-7c05-11e9-a278-4b96e3cb59df.html Foun...Jump to post
Chinese cargo operator SF Airlines has applied with DOT to commence service between Hangzhou (HGH) and New York (JFK). SF says it plans 3x weekly 747-400 freighter service commencing September 2019. OST-2019-0076 = For those not familiar with SF, they currently operate 53 freighters with hubs in Bei...Jump to post
Well the supreme court case in Chile will either have the entire JBA thrown out as consumer groups want, or in best case it can proceed with the remedies that the government proposed. Its unknown however if the airlines will accept the remedies being imposed. Their only official statement was that t...Jump to post
Lakeland for years has been chasing after airlines with offers of marketing funds, fee waivers etc. They also continue to apply for SCASDs grants going back to 2011.Jump to post
A bit of an update. On LATAMs earning call last week SVP Commercial Roberto Alvo was asked about the JBA. Basically, he stated they first expect to hear back from the Chilean Supreme Court in "next few months." Assuming court clears the JBA then they expect the DOT to take about 1-year to ...Jump to post
Anything on Cessna 208? No, I only follow larger commercial frames. Lots are for sale however. You might get an idea from the listings https://www.controller.com/listings/aircraft/for-sale/list/category/13/aircraft/manufacturer/cessna/model-group/caravan Do you have the values/lease rates for the E...Jump to post
The European Union and China have today signed an agreement on civil aviation safety and a horizontal aviation agreement to strengthen their aviation cooperation. The agreements will serve to boost competitiveness and enhance overall EU-China aviation relations. European Commission President Jean-C...Jump to post
Folks in Guam and U.S. Pacific territories are regularly transported to Hawaii and U.S. mainland for medical treatment.Jump to post
Do you have any info about B717? B717 - $5.7 - 8.8M, $80-115,000 Anything on A318 and A321NEO? A318 – $8.0 - 11.5M, $95-145,000 A321NEO – $58.0M, $340-410,000 I would not put much stock into 717 and A318 valuations due to limited fleet transactions. A318 especially with half of the fleet being part...Jump to post
TK has partnered with the creators Nos Curieux Voyageurs to create customized travel gift boxes. Inside the Turkish Airlines World Tour box is one finds iconic objects and accessories highlighting some of the 309 destinations, such as Zanzibar in Tanzania, Cappadocia in Turkey or Hanoi in Vietnam. T...Jump to post
UA444 wrote:What about DC-9 and MD-80?
How about the 737-8 and -9 Max? B737MAX-8 - $52.0M, $310-380,000 Do you have information on the Dash 8 100 and A340-300/600 Nothing on Dash8-100. Prob not worth much due low demand. A340-300 - $3.0 - 12.0M, $120-240,000 A340-600 - $5.0 - 15.5M, $220-300,000 Any data for the 757? B757-200 - $2.2 - 1...Jump to post
Statement from United. The U.S. Department of Transportation (DOT) today announced that United was tentatively granted a total of four daily nonstop flights to HND (Tokyo Haneda), expanding United's best-in-class Japan route network to better meet demand. The slots will be allocated for flights from...Jump to post
VS11 wrote:As always, thanks very much for this valuable and interesting market data. Any info on 737 Classics? Thank you!
Back by request, here is an update on commercial aircraft valuations and market lease rates. As before, the below list contains estimated current market value (in USD) based on the oldest to newest airframes, along with sample monthly lease rates also based on oldest to newest airframes for many com...Jump to post
Costa Rican carriers with U.S service are LACSA(Avianca) and Volaris Costa Rica. They can continue to serve existing service to the US, but will not be allowed to establish new routes - which likely hurts Volaris the most as its in expansion mode with Costa Rican subsidiary. Also codesharing with U....Jump to post
The Mexican regional airline Aeromar is in technical bankruptcy so employee unions are seeking government intervention, with the aim of avoiding another case such as that of Mexicana. A planned investment by Synergy Group for US $100 million has not fully materialized leaving the airline undercapita...Jump to post
Interjet announced it lost 516 million pesos (US $28mil) in Q1. Also has been granted a $150mil government loan to help finance Airbus fleet. Will seek to "sell" 20 SSJs. https://a21.com.mx/aerolineas/2019/05/09/interjet-termina-primer-trimestre-con-perdidas-financieras https://www.elfinan...Jump to post
U.S. Department of Transportation’s Federal Aviation Administration (FAA) today announced that Costa Rica does not comply with International Civil Aviation Organization (ICAO) safety standards and has been assigned a Category 2 rating based on a reassessment of the country’s civil aviation authority...Jump to post