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Is the Airbus A380 coming of age?

Cheap oil exacerbates divergence in passenger & cargo markets growth When full, 509-seat A380 has 16.8% lower block fuel burn per seat against 264-seat 777-300ER 83% full A380 burns similar fuel per seat against a full 777-300ER On payload-tonne basis, 777-300ER is ~25% more fuel efficient than A380 In 2012, each 1% of oil price change […]

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(Updated) China Airlines, EVA Air look beyond a lost decade

China Airlines to post first annual net profit since 2010 China Airlines/EVA Air lost a combined NT$28.24 billion since 2006 Cross-strait flights biggest & 2nd-biggest region by no. of seats at EVA Air, China Airlines Shanghai Pudong dominates cross-strait market with 19.67% of seats 58.55% of all cross-strait seats supplied to top 10 Chinese cities […]

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Pictures: Cathay Pacific unveils revised livery

As part of an effort to better align the corporate branding across its aircraft, new Studioilse-designed lounges in Tokyo Haneda, Manila, Bangkok and The Pier First Class lounge in Hong Kong, oneworld carrier Cathay Pacific has unveiled a revised livery since the iconic “brushwing” was first introduced in 1994. Simplicity and unboxing the “brushwing” are […]

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Cathay Pacific’s new livery signifies fresh direction

Forex impacted first-half yield by 3% Aspire Aviation finds 87.5% correlation between CX pax yield & jet fuel prices CX would have achieved 11.34% net profit margin without hedging losses Australia operation desperately needs A350-900 up-gauging after 98% L/F Transpacific freighter weekly schedule upped from 35 to 42 China-US flights comprise 70.3% China-originated passengers, up from […]

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Virgin Australia marks rite of passage

Virgin’s domestic ASK share grew from 35.22% to 36.79% in 3 years FY16’s A$162 million pricing benefit a 13.6% saving of fuel bill, versus 7.61% at Qantas Qantas’s A$300 million pricing benefit, with 3-4% ASK growth, equates to ~10-11% pricing/efficiency benefit Tigerair Australia needs A321LR to further lower unit cost in short-haul international market Virgin posts 69.8% 2015 […]

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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 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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ANA marches on to achieve profitability parity with JAL

ANA narrows CASK gap with JAL to 0.57% ANA has 46.2% higher employee productivity than JAL Fleet renewal key to eradicating 49.2% & 47.2% maintenance & depreciation per ASK gap with JAL ANA has too much domestic capacity: 18.6% RASK & ~2% load factor gap than JAL High-density 787-10 could replace 514-seat 777-300 without adding excess […]

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Delta loss shows availability key to Boeing’s widebody strategy

Boeing stretches 777-9X fuselage from 76.5m to 76.7m: exclusive Airlines, most likely Emirates, asking for more seats on 777X: sources Boeing to announce more seats on 777-9X in Q2 2015: sources 777X de-icing can only take place at Code F stands with FWT down 787-9 OEW 277,000lbs is 11,000lbs lighter than A330-900neo’s 288,000lbs 787-8 OEW […]

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Cathay Pacific’s prospect poised to take flight

Cathay may launch ‘dynamic packaging’ that includes hotel, car rentals: source CX’s onboard wi-fi to be free for usage: source ‘Enhance’ not improving yields materially: source Eva Air to become cargo terminal’s major external customer in Jan 2015 London route hits 99% load factor in end-of-summer rush Cargo revenue ahead of budget since August End-summer […]

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