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Ryanair becoming more of an easyJet

easyJet’s inaugural flight on 10 November 1995, from Luton to Glasgow with flight number EZY121, marked the dawn of the era of no-frills flying, and the birth of a new British aviation icon. Two decades later, as the airline celebrates its 20th anniversary, it has grown to be United Kingdom’s biggest carrier by market share. Results […]

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The rise of Chinese aircraft lessors

There is an age-old saying in the transport business, “If it flies or floats, you should rent it.” Traditionally, airlines have bought their planes outright, even if a significant portion of these deals were arranged as “finance leases”, with the installments spruced up as rent payments in order to make them more tax-friendly. Back in […]

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Tackling 787 cash burden will unlock Boeing’s earnings potential

737 MAX will meet 14% block fuel burn reduction target by 2020: sources 777X fuselage material not chosen; corrosion drives Al-Li study more than weight Al-Li shaves 2-3% of empty weight off 777X fuselage ~230 empty 777 slots till 2020 will put considerable pressure on margins 36 empty slots in 2017, 68 in 2018, 71 […]

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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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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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Boeing eyes 2018 launch for New Small Airplane

2018 launch, 2024/25 entry into service: internal target CFM, Rolls-Royce & Pratt & Whitney started work: sources “No moonshots”: CNRP not an option, CFRP fuselage eyed Out-of-autoclave (OoA) technology key enabler for NSA 4,000nm, 200-seat mission for NSA 737 MAX 9’s 286 orders lag A321neo’s 709; 737-900ER’s 515 lag A321ceo’s 1,545 737 MAX has 2,412 […]

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The ‘Virginisation’ of Australian Aviation

Qantas still dominant with 80%+ corporate revenue share Virgin has 31 “full switch” corporate account wins in FY14 Qantas Domestic FY15 Q1 capacity share 63.6% & pax. share 62.3% Virgin FY15 Q1 RPK share 36.8% & pax. share 37.8% Depreciating A$ helps close international cost gap by ~4%: estimate 787-9 a Qantas International priority Qantas […]

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Boeing’s NSA could feature game-changing technologies

A320neo outsold 737 MAX by 9.3% at same stage Advanced Technology winglet reduces fuel burn by 1.8% on 3,000nm mission A320ceo with Sharklet narrows market value gap with 737NG 737 MAX still leads A320neo in COC narrowly DLR: Difficult to make small twin-aisle work Avolon: average seat count rising to 198 seats by 2032 Open-rotor […]

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It’s about Qantas.

No. of international passengers up 88.2% in 10 years Tourism’s contribution to Australia GDP increased by 32.1% in 10 years Argument on Qantas cannot be matched in providing ‘positive externalities’ unfounded Virgin Australia a disruptive force, not a distortion Qantas must abolish 65% “line in the sand” strategy Qantas Group’s domestic share slid to 61%, […]

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Airbus is still name of the game

It is no surprise when the European Aeronautic, Defence & Space Co. (EADS) announced on 31st July that it will be renamed as the Airbus Group beginning January 1st, 2014, given the world’s second-largest plane-maker accounted for 71.9% of EADS’s €26.3 billion 2013 first-half revenue and 73.7% of EADS’s earnings before interest and tax (EBIT) of €1.48 billion.

But beneath the

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