Low Cost Airline News.For more airline news, data and analysis, please go to: http://www.airguideonline.com/professional.htm Jul 31, 2006 Air Berlin Air Berlin transported 1.5 million passengers in June, a 14.9% increase over the year-ago month. Load factor rose 4.3 points to 84.5%. Jul 25, 2006 AirAsia AirAsia will subcontract rural turboprop turboprop: see turbine. turboprop Hybrid engine that provides jet thrust and also drives a propeller. It is similar to the turbojet except that an added turbine, behind the combustion chamber, works through a shaft and speed-reducing gears to turn a services to Fly Asian Xpress, or FAX, which intends to begin operations Aug. 1. AirAsia is taking over the majority of domestic routes once operated by Malaysia Airlines and will transfer operations of its six F50s and five Twin Otters to FAX. Jul 28, 2006 AirAsia AirAsia will launch service today at its new Kuching hub, its second base in eastern Malaysia after Kota Kinabalu Kota Kinabalu (kōt`ə kĭn'əbəl  `), formerly Jesselton, town (1991 pop. . It will start with daily flights to Kota and Miri and twice-daily service to Bintulu and Sibu, all aboard 737-300s. Jul 25, 2006 AirTran Airways AirTran Airways is a low-cost airline that is a Delaware corporation with headquarters in Orlando, Florida, USA and is a subsidiary of AirTran Holdings. AirTran operates over 750 daily flights throughout the eastern USA and the Midwest, including over 270 daily departures from Second quarter a record-breaker for AirTran. The records piled up for AirTran Airways in the second quarter, with net income of $32 million--nearly triple the year-ago quarter's $11.4 million profit--the highest in any three-month period in its 13-year history.All-time quarterly records also were set for RPMs, capacity, enplaned passengers and load factor, figures that "speak clearly of the customers' demand for our product," according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Joe Leonard For the baseball player, see . Joe Leonard (born August 4, 1932, San Diego, California), is a retired American motorcycle racer and racecar driver. Leonard won the first AMA Grand National Championship Series in 1954 and won it again in 1956 and 1957. . Revenues surged 44.2% to $528.2 million and expenses climbed 36.6% to $473.7 million as fuel costs rose 61.7% to $175.1 million. Operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. jumped to $54.5 million from $19.5 million in the year-ago quarter. AirTran flew 3.7 billion RPMs, up 25.9%, against a 23.3% increase in capacity to 4.74 billion ASMs, lifting load factor 2.4 points to 78.1%. It took delivery of six 737s and two 717s during the quarter. Passenger RASM RASM Revenue per Available Seat Mile RASM Reliability, Availability, Scalability and Manageability (Red Hat, Inc.) RASM Rear Admiral Submarines (UK) RASM Recorded Announcement Systems Manager grew 16.8% to 10.75 cents and yield increased 13.2% to 13.76 cents. "Our unit revenue performance was especially gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. since we accomplished it on top of a 23.3% increase in capacity," President and COO Bob Fornaro said. Unit costs rose 10.8% to 9.99 cents but went up just 1.6% to 6.3 cents excluding fuel. Jul 28, 2006 Bulgaria Air Bulgaria Air (Bulgarian name: България Ер) is the national airline carrier of Bulgaria, based in the capital, Sofia. Bulgaria Air started thrice-weekly Bourgas-Dublin service and weekly Varna-Madrid, Bourgas-Madrid and Sofia-Alicante flights. Jul 26, 2006 Cebu Pacific Cebu Pacific Air is a low-cost airline based in Pasay City, Manila, the Philippines. It is the Philippines' second national flag carrier, and currently the country's leading domestic airline. It operates scheduled domestic and international services. Air Cebu Pacific Air will become the second tenant of Singapore Changi's Budget Terminal. Singapore aviation officials granted Cebu approval to operate flights to Changi beginning in late August. Tiger Airways Tiger Airways Private Limited is a low-cost airline based in Singapore, with its primary hub at Singapore Changi Airport. Incorporated in September 2003, it is currently the largest low-cost airline operating out of Singapore in terms of passengers carried. was the first customer to operate at the Budget Terminal, which opened four months ago. Jul 25, 2006 First Choice First Choice Airways of the UK launched twice-monthly service to Huatulco, Mexico, aboard a 767-300ER. Jul 26, 2006 Gol Gol's 'virtuous cycle' continues with 45.4% profit increase. Demand that outpaced capacity, floundering competition and effective cost and fuel management resulted in another good quarter for Gol, which finished the three months ended June 30 with a net income of BRL BRL In currencies, this is the abbreviation for the Brazilian Real. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 106.7 million ($48.8 million), an increase of 45.4% over the BRL73.4 million earned in the second quarter of 2005."Through the addition of aircraft and flight frequencies during the quarter, Gol significantly increased its domestic market share [by 6 points to 35%] and further consolidated its position as the second-largest domestic airline in Brazil," CEO Constantino de Oliveira Junior said. Jul 24, 2006 Gol Gol added five leased 737s--bringing its fleet to 50 aircraft--62 flights and one destination (Santarem) during the quarter, helping drive a 50.1% rise in operating revenue operating revenue Revenue from any regular source. Revenue from sales is adjusted for discounts and returns when calculating operating revenue. Compare other revenue. to BRL844 million as traffic growth helped offset falling yields. Expenses climbed 49.2% to BRL711.8 million helped by a strengthened real and fuel hedges that resulted in a 1.9% year-over-year drop in fuel cost per ASK. Operating profit surged 55.6% to BRL132.3 million from BRL85 million. Jul 24, 2006 Gol Gol traffic was up 57.3% to 3.52 billion RPKs as capacity grew 50.4% to 4.64 billion ASKs and load factor improved 3.3 points to 75.9%. A 9.6% increase in average fare to BRL190.4 balanced a 4.7% decline in yield to BRL22.33 cents and a 0.3% dip in passenger RASK to BRL18.19 cents. Unit costs also fell--CASK was down 0.9% to BRL15.32 cents, or 0.2% to BRL9.2 cents excluding fuel. Jul 24, 2006 Gol Gol said it expects a "solid" third quarter during which it will add six aircraft and increase year-over-year capacity by 45%. The revenue environment will be "improved" as yields come in at BRL26-28 cents, and it plans to reduce its non-fuel CASK further. It issued full-year guidance forecasting BRL4.1 billion in revenues and annual earnings growth of more than 50%. Jul 24, 2006 Gol Gol announced the addition of two daily flights to Buenos Aires Buenos Aires (bwā`nəs ī`rēz, âr`ēz, Span. bwā`nōs ī`rās), city and federal district (1991 pop. , doubling its daily frequency to four. One is routed Rio de Janeiro Rio de Janeiro, city, Brazil Rio de Janeiro (rē`ō də zhänā`rō, Port. rē`  thĭ zhənĕē`r Galeao-Sao Paulo Cumbica-EZE and the second starts in Florianopolis with a stop in Porto Alegre. Jul 24, 2006 Iberia, Clickair Iberia confirmed that its new Barcelona-based LCC (Leadless Chip Carrier, Leaded Chip Carrier) See leadless chip carrier, CLCC and PLCC. 1. LCC - Language for Conversational Computing. Written at CMU in the 1960's. , now formally named Clickair, will launch in October with 12 domestic and additional European destinations, AFX AFX atypical fibroxanthoma. News reported. Originally dubbed Catair after its Catalonia home, the airline officially has been branded Clickair to highlight the importance of the Internet to its sales efforts. Iberia pilots participated in a three-day strike earlier this month that ended when the airline guaranteed no jobs would be lost because of the new venture. Jul 26, 2006 JetBlue Airways JetBlue in final talks with GDS GDS Global Distribution System GDS Google Desktop Search (Google) GDS Goodie Domain Service (Vienna University of Technology, Austria) GDS Guards companies, CEO says. JetBlue Chief Executive David Neeleman says the carrier is in final talks with several global distribution systems. Agreements with the GDS firms will give JetBlue access to corporate bookers and fliers using travel agents. Jul 26, 2006 JetBlue Airways JetBlue returns to the black. JetBlue Airways on Tuesday said its quarterly earnings were flat, beating Wall Street's expectations, but a disappointing outlook caused the shares to tumble. After two consecutive quarters in the red, JetBlue Airways announced a return to profitability yesterday with net earnings of $14 million during the three months ended June 30, an increase of just 7.7% over the $13 million profit in the year-ago quarter but a performance that represented "a definite step in the right direction," according to Chairman and CEO David Neeleman."Our comprehensive and ongoing plan has become a new way of doing business at JetBlue," Neeleman added. Jul 26, 2006 JetBlue Airways JetBlue Airways operating revenues surged 42.4% to $612 million from $429 million in the year-ago period. Expenses jumped 45.2% to $565 million, driven by a 72.4% rise in fuel costs to $192 million and a 27.1% increase in employee costs to $134 million. Operating profit climbed 15.5% to $47 million from $40 million. Jul 26, 2006 JetBlue Airways JetBlue Airways flew 5.92 billion RPMs during the quarter, up 15.6%, against a 23.2% capacity increase to 7.2 billion ASMs, sending load factor down 5.5 points to 82.2%. Its effort to increase average fares to $115-$120 has been a success as the average ticket price grew 14.9% to $127.87. Jul 26, 2006 JetBlue Airways JetBlue Airways yield increased 21.7% to 9.77 cents and operating RASM was up 15.6% to 8.48 cents. Unit costs rose 17.8% to 7.83 cents--9% to 5.17 cents excluding fuel. Average number of operating aircraft during the period increased 38.1% to 102.6 but utilization fell 5.6% to 13 hr. per day and average stage length dropped 8.4% to 1,253 mi. Jul 26, 2006 JetBlue Airways JetBlue Airways began four-times-daily flights between New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of JFK and Raleigh-Durham aboard Embraer 190s. Jul 24, 2006 Jetstar International Jetstar International, Qantas's new low-cost international arm, unveiled its product offering and fares in Sydney yesterday. Services will start Nov. 23 to six destinations over nine routes with one-way fares from A$169 ($127) to A$249. The airline will operate from Sydney, Melbourne and Brisbane to Bangkok, Phuket, Ho Chi Minh City Ho Chi Minh City, formerly Saigon, city (1997 pop. 5,250,000), on the right bank of the Saigon River, a tributary of the Dong Nai, Vietnam. , Osaka, Bali and Honolulu. The initial fleet will be 303-seat A330-200s with two classes of service including StarClass, a premium cabin. Jetstar will operate 787s from mid-2008 and will take the first 10 ordered by Qantas. Jul 27, 2006 Ryanair Ryanair yesterday unveiled its first Moroccan routes, part of a May agreement with the Moroccan government to fly up to 20 routes and nearly 1 million passengers per year to the North African country. On Oct. 31 it will launch flights from London Luton to Fez Fez: see Fès, Morocco. (thrice-weekly) and Marrakech (four-times-weekly). LCC rivals Air Berlin and easyJet already serve Morocco. On the same day, Ryanair also will launch thrice-weekly service from Stansted to Pula Pula (p `lä), Ital. Pola, city (1991 pop. 62,378), W Croatia, on the Adriatic and at the southern tip of the Istrian peninsula. and Deauville, thrice-weekly service from Shannon to Bournemouth and Edinburgh and one additional daily frequency from Dublin to Cork and London Gatwick. It will withdraw LGW-Knock and LTN-SNN flights. Jul 27, 2006 Ryanair Ryanair Eyes New Routes To Africa. European no-frills airline Ryanair said on Wednesday it was looking at new routes to North Africa and eastern Europe, but ruled out flying any further away from its European bases. Jul 26, 2006 SkyEurope Airlines SkyEurope Airlines will begin thrice-weekly Salzburg-Paris Orly service on Sept. 15. Innsbruck-Orly service will be discontinued. Jul 25, 2006 SkyEurope Airlines SkyEurope Airlines flew 283,388 passengers in June, a 36.3% increase over the year-ago month. Load factor plunged 9.6 points to 77.6%. The drop "reflects a significant reduction in the proportion of nonscheduled non·sched·uled adj. Operating without a regular schedule of passenger or cargo flights: a nonscheduled airline. services, which are accounted as fully booked flights," SkyEurope said. Jul 25, 2006 Southwest Airlines Traffic grows in Denver after Southwest launches flights. Southwest Airlines' Denver service has lowered fares and spurred traffic growth of 62% to the three cities the airline serves from Denver. Observers say as it phases out its super-low introductory prices, Southwest will have to take more passengers away from other airlines rather than rely on generating more overall traffic. Jul 26, 2006 Virgin America Virgin America named Panasonic Avionics Corp. as its lead inflight entertainment hardware supplier. Jul 28, 2006 VivaAeroBus VivaAeroBus, a Mexican LCC startup formed by Mexican bus group IAMSA and Ryanair-backed RyanMex, said its first base will be Monterrey. It will start operations in September with two 737-300s. Jul 28, 2006 |
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