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Malaysia re-strategises: Too little, too late?

Malaysian aviation authorities are implementing new strategies to revive the fortune of the country’s beleaguered national flag carrier and its air hub standing in regional competition. Recent developments include the appointment of a new chief executive to head Malaysia Airlines (MAS) and the launch of a new airline – flymojo – to be based in […]

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Cathay Pacific begins the next chapter of growth

Unrealised mark-to-market fuel hedging loss totalled HK$14.3 billion Forex gains narrowed reduction in cashflow hedges to HK$12.48 billion 61% hedged at US$95/bbl Brent in 2015; 60% at US$85 in 16, 50% at US$89 in 17 & 37% at US$82 in 18 Cathay Pacific to replace part of Airbus A330-300 fleet with A350-900s: sources “Displace & […]

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Is budget long-haul but a pipe dream?

Only days after announcing plans to launch transatlantic flights in five years, Ryanair retracted its position, abandoning the plans. In a statement, it said it “has not considered or approved any transatlantic project and does not intend to do so.” This ran contrary to the earlier announced approval by its board to mount budget flights […]

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Boeing NSA/MOM launch timing hinges on 737 MAX progress

CFM Leap-1B engine misses SFC spec by 4-5%; -1A 2% Valve modulating HPT cooling failed more than once; nacelle showing heat damage 737 MAX total COC per seat advantage narrows from 8% to 3-4% A320neo Space-Flex’s 3 extra seats further reduce differential to 1-2% 737 MAX 9 range drops to 3,415nm; MAX 8 to 3,439nm […]

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What makes a “best” airport?

Singapore Changi is named world’s best airport in the 2015 Skytrax survey, three years running and the sixth time that it won. No surprise. The airport has been the darling of travellers with its wide range of facilities that include a swimming pool, a variety of restaurants and tropical gardens. Additionally, it also received the […]

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Qantas’s stellar performance: To whom is the credit due?

Qantas reported a stellar FY2014/15 half-year performance from June to December 2014 which may have surprised some observers. To whom is the credit due? Or, is this willy-nilly a matter of rolling back on a favourable global economic tide? The Australian carrier made an underlying profit of A$367 million (US$289 million), its best in four […]

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Is Singapore Airlines getting its mojo back?

SIA’s return on capital employed (ROCE) collapsed from pre-GFC threshold of 8% SIA’s break-even load factor below its actual L/F in 12 of past 15 quarters Premium economy progress partially offset by initial launch pricing A380’s first C3 check offers excellent PEY introduction timing SIA should retrofit New Business & New Economy classes on A380s as […]

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Interview: Craig Richmond, chief executive & president, Vancouver Airport Authority

It is easy to see why Vancouver International Airport (YVR) is North America’s best airport. Neatly laid out, aesthetically pleasant, comfortable and customer friendly. Constant upgrading and an innovative approach to aviation issues have marked it out as one among the most progressive airports in the world. YVR recently upgraded and expanded its domestic terminal, […]

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Tigerair not out of the woods

At last Tigerair is making a profit. The Singapore budget carrier reported a positive FY2014/15 third-quarter with a profit after tax of S$2.2 million (US$1.76 million), compared to a hefty loss of S$118.5 million in the previous year. The improved performance was achieved on the back of a reduction in costs by 1.5% and capacity by […]

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The quiet rebirth of Iberia

Iberia a Europe-Latin America specialist Iberia’s employee cost falls from 30% of revenue in 2012 to 24.2% Iberia needs A350-1000 more than BA for hot & high missions Iberia’s Madrid hub well placed to capture North Asia-LatAm spillover demand from Heathrow Iberia’s Madrid routings on North Asia-LatAm competitive with Middle Eastern hubs Madrid commands 60.3% & […]

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