LH Group submitted its proposed remedies. No specific details made public, but apparently not too different than its prior proposal - ceding airport slots, traffic rights and potentially planes to rivals. https://www.reuters.com/business/aerospace-defense/lufthansas-new-ita-remedies-not-too-differen...
Jump to postNorse's two largest shareholders Scorpio Holdings and BT Larsen & Co have provided airline with a US$20mil secured credit facility. https://news.cision.com/norse-atlantic-airways-as/r/norse-atlantic-asa-secures-usd-20-million-liquidity-buffer-by-shareholder-loan,c3960633#:~:text=Arendal%2C%20Nor...
Jump to postCapital A and AirAsia X granted additional time (till April 30) to complete negotiations for transaction to consolidated the AirAsia brand airlines.
http://orientaviation.com/articles/1154 ... ransaction
Air Premia reported 2023 an operating profit of US $13.7mil on $277.5 mil in sales.
https://www.mk.co.kr/en/business/10981602
EC is out with a Statement of Objections which covers three primary areas of concern. > Competition between Italy-Central Europe > Competition between Italy-Japan, and Canada/USA with Atlantic JV > Milan Linate slot concentration. LH Group would hold nearly 2/3 of slots at LIN. LH/ITA have until Apr...
Jump to postXB-1 first flight this morning.
Video
https://twitter.com/i/status/1771232581301813450
Cayman Auditor General says Cayman Airways needs to come up with realistic strategy and budget as it continues to generate losses even with government subsidies. The government provided the carrier more than $150 mill in funding over the last 5-years, and while the airline helps national goals for a...
Jump to postAsiana Cargo purchasing two ex China Airlines 747-400Fs along with leasing two other 747 freighters to make the sale of the cargo division more attractive for future owners.
https://cargofacts.com/allposts/carrier ... ase-2-more
Seems the ground test phase is nearly complete as the demonstrator has accomplished multiple high-speed ground test up to 141mph. Apparently last set of ground test will see nose wheel lift off.
Some videos posted today
https://twitter.com/i/status/1766951377501036592
Swiss continues to be the bright spot in the group. Adjusted EBIT and margin per unit EW - €205mil - 7.9% LH - €854mil - 5.3% LX - €908mil - 13.7% OS - €127mil - 5.4% SN - €53mil - 3.5% Cargo - €219mil - 7.4% Technik - €628mil - 9.6% Others - (-€206mil) - (-22.4%) https://investor-relations.lufthans...
Jump to postThings getting dragged out even longer. European Commission temporarily suspended its antitrust inquiry into IAG’s proposed acquisition of Air Europa pending submission of additional information. The commission had been due to deliver its decision on the deal by June, but with this additional delay ...
Jump to postOne benefit with Skyteam is that unlike Star which never accepted SAS into their Atlantic JV, Skyteam openly welcomes and seeks to have SAS in their Atlantic JV. This should be a nice benefit for SAS.
Jump to postLufthansa says it could walk away from its plan to buy ITA Airways if the EU competition authority demands are too severe. The EC competition authorities have until June 6 to announce their decision. https://www.bloomberg.com/news/articles/2024-03-03/lufthansa-warns-eu-it-could-walk-away-from-planne...
Jump to postEK notified Doric it will lease return A380 A6-EEO at end of October 2025 and pay $12mil minimum as the aircraft will be returned in "half-life” condition instead of full-life condition. https://www.tradingview.com/news/reuters.com,2024-03-04:newsml_RSD4306Fa:0-reg-doric-nimrod-air-3-msn-136-re...
Jump to post4 offers were submitted for Asiana Cargo - Jeju Air, Air Premia, Air Incheon, and Eastar Jet.
https://www.ch-aviation.com/news/137698 ... um=twitter
Joanna Geraghty letter to employees https://pbs.twimg.com/media/GH1LzDKWMAAtnwW?format=jpg&name=small https://pbs.twimg.com/media/GH1LzDMXMAAngPY?format=jpg&name=small https://pbs.twimg.com/media/GH1LzDKWoAA8bqJ?format=jpg&name=small https://x.com/David_Slotnick/status/176464999817460984...
Jump to postAirline AOC application has been submitted with proving flights later in 2024, ahead of its 2025 launch. The narrowbody order announcement will be made by August 2024. Carrier will cooperate on building partnerships with other carriers to broaden its network reach in the early years. https://aviatio...
Jump to postWith 737MAX delivery delays, Allegiant will hold on to some A320s for the summer that were scheduled for retirement. Allegiant estimates it will only receive 12 of the originally planned 24 MAX's for 2024. https://www.reuters.com/business/aerospace-defense/allegiant-expects-fewer-aircraft-boeing-us-...
Jump to postSome more details of the City operations. First routes will be out of Munich serving domestic destinations Berlin, Bremen, Cologne, Dusseldorf, Hamburg, and Hannover. First international markets Birmingham, Bordeaux, and Manchester. Flights will commence "summer 2024" with bookings startin...
Jump to postCapital A will raise US $400mil equity as part of merging short and longhaul operations under single banner https://www.reuters.com/business/aerospace-defense/malaysias-capital-aims-raise-400-mln-equity-airasia-merger-2024-02-26/ Thai Air Asia returned to profitability posting a 2023 annual profit o...
Jump to postReported that both Air Incheon and Air Premia might bid on Asiana Cargo. https://www-bjynews-com.translate.goog/news/articleView.html?idxno=34471&_x_tr_sch=http&_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp Additionally, the Korean Ministry of Land Infrastructure and Trans...
Jump to postThe funny thing back in the 1960s and 70s, the restaurant was somewhat well known and offered a gourmet menu and would bring Angelenos in for long lunches and dinners. Even when the Encounter opened in the late 90s, there were often waits to be seated, and it was a venue that would host birthday par...
Jump to postHA held an employee event on Friday to welcome the 787 https://newsroom.hawaiianairlines.com/blog/welcoming-kapuahi-hawaiian-airlines-first-boeing-787-dreamliner?linkId=9464649 Images from the event https://newsroom.hawaiianairlines.com/multimedia/boeing-787-9-dreamliner/welcoming-kapuahi https://s3...
Jump to postNorse UK received Canadian authority so might be looking at some new routes soon.
https://otc-cta.gc.ca/eng/ruling/a-2024-25
With pilot overstaffing, JetBlue offering paid leave for upwards 350 pilots in April.
https://bnnbreaking.com/world/us/jetblu ... ial-revamp
https://viewfromthewing.com/jetblue-is- ... ot-to-fly/
Air Asia converting 36 of its 300+ pending A321 orders into A321LRs for delivery starting in 2025. They already have 20 XLRs planned.
https://www.thestar.com.my/business/bus ... order-book
Some big dreams Air Asia has. https://images.squarespace-cdn.com/content/v1/5a5dbe4632601eb31977f947/af4977d9-45ec-43d1-b607-db39002b7dd7/Airbus+Meeting+22+Feb+2024+%5BFINAL%5D.png? Here is link to their press release https://newsroom.airasia.com/news/airasia-reveals-plan-to-become-the-worlds-first-...
Jump to postHere is the TWU555 announcement
https://www.twu555.org/Post/WebDetailsByNewsPostId/505
Report from Bloomberg that Korean Air looking at removing its 10-unit A220 fleet as it looks to streamline as part of the Asiana merger. The business case for the smaller jet in 2024 is not what it was when originally intended when ordered back in 2011. https://www.bloomberg.com/news/articles/2024-0...
Jump to postN781HA in HNL
https://pbs.twimg.com/media/GGjnLnkW4AA ... ame=medium
Hawaiian Holdings shareholders voted to approve acquisition by Alaska Air Group
https://newsroom.hawaiianairlines.com/r ... -air-group
They might legally merge, but they won't integrate overnight. That will be a long project like all mergers.
Jump to postQuite some growth at Cleveland. 10 added markets for a total of 30 destinations for the summer
https://news.flyfrontier.com/frontier-a ... -year-ago/
European Commision approves KAL purchase
https://ec.europa.eu/commission/pressco ... /ip_24_761
Remedy terms include sale of Asiana Cargo unit, along with providing slots, traffic rights, and access to aircraft for T'way to launch EU flights (Barcelona, Frankfurt, Paris and Rome.)
New route - Singapore effective April 26th.
http://orientaviation.com/articles/1115 ... k-in-april
I would have been surprised if the DOJ did not seek additional information and just let the proposed deal slide by.
Once DOJ reviews the new submittals, it basically has 3 options - let the deal proceed unchallenged, enter into some form of consent agreement, or file an injunction to block.
A couple more earnings. Hawaiian Air Posted Q4 loss $101.2mil on $669.1mil in revenues and full year loss $260.5mil on some $2.72bil in revenue. https://newsroom.hawaiianairlines.com/releases/hawaiian-holdings-reports-2023-fourth-quarter-and-full-year-financial-results Sun Country Airlines 4Q 2023 n...
Jump to postFor what its worth and a data point about the seasonal LAX-BNE service, the BNE-LAX flight on Tuesday this week had a mere 89 passengers (32 in biz(lots of upgrades/nonrevs), 5 in premium plus, and 52 in economy. Per the working crew, not unusual to see quite empty planes on the route compared to th...
Jump to postReportedly crews were told ORD-HNL coming back few weeks ago.
https://viewfromthewing.com/american-ai ... -honolulu/
KAL to lease Air Premia 4 787-9s as part of conditions for KE/OZ merger. Will allow Air Premia to expand its route network, First pair will arrive in 2024.
https://newsroom.aviator.aero/korean-ai ... -concerns/
Air Japan third destination will be Singapore - effective April 26 - 5x weekly
https://www.flyairjapan.com/en/notice/56
United also updated their Q1 projections - now estimating a loss off $114 - 279mil, largely due MAX grounding fallout.
Jump to postMexicana757 wrote:Looks like they are going to restart LAX. LAX appears on their drop-down menu of cities.
Air France adding PHX effective May 23rd. 3x weekly on Tue, Thu and Sat with 787s https://www.azcentral.com/story/travel/airlines/2024/01/22/new-phoenix-to-paris-flight-air-france-2024/72314852007/ https://www.12news.com/article/travel/french-airline-will-soon-nonstop-flights-phoenix-sky-harbor-olym...
Jump to postAPFA again asked the NMB to declare talks at an impasse and release them and start clock on a 30-day cooling-off period.
https://www.apfa.org/2024/01/19/1-19-24 ... e-request/
News that Mexico plans to purchase the Mexicana MRO operation.
https://aviationweek.com/mro/services-s ... vement-mro
Yes they are back, and are seeking $30mil investment The prospectus seems to be largely a cut/paste of the 2019 one and they still propose to utilize 747-400s Link to prospectus https://docs.google.com/viewerng/viewer?url=https://avatarairlines.com/wp-content/uploads/2024/01/AVATAR-PPM-999-as-revise...
Jump to postLaunching SFO service effective May - 4x weekly
https://x.com/IshrionA/status/1748149200062197921?s=20
Mesa got another lifeline. > United signed a new agreement with Mesa retro to Oct 1, 2023 which will generate $63.5mil in added revenue. > United agreed to reduce the outstanding balance of a credit facility by $2.1mil > United also relieved $10.5mil of a loan issued for investment in Heart Aerospac...
Jump to post