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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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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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Airbus A350: Is the Xtra making the difference?

Airbus says 3-class 325-seat A350-900 OWE per seat 5% lower than 283-seat 787-9 325-seat A350-900 has 6% lower block fuel burn per seat than 283-seat 787-9: Airbus 787-10 can accommodate 324-seat in 3-class, has 1,500nm less range: Airbus Boeing 787-10 EIS brought forward to Q1 2018: exclusive Trent XWB-84 SFC 0.5% better than specification: sources […]

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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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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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Airbus, Boeing in game of thrones for widebody dominance

Boeing 777X weight figures revealed for first time 3-class 406-seat 777-9X MEW at 362,000lbs, MZFW 527,000lbs, MLW 557,000lbs 4-class 300-seat 777-9X has OEW of 415,000lbs 777-9X 8.8% lighter in MZFW per seat than -300ER, 6.3% lighter than A350-1000 Airbus: Existing A330 more efficient than A330neo on 2-3 hour missions Airbus: Existing A330 lift-to-drag optimised at […]

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Singapore Airlines undergoes transformation

Premium economy launch in 2015 second-half late to cushion yield decline Premium economy will provide a one-off push or rebasing to yield Tata-SIA Airlines could fill SIA’s North America network gap; ‘Indian Route’ in store? Tigerair does not need to be pan-Asia LCC to be successful & profitable SIA’s take-over of Tigerair increasingly likely Merger […]

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ANA aims to soar on the wings within

ANA’s network rebalancing key to narrowing gap with JAL Fuel costs increased by ¥66.2 billion for ANA in FY2013, only ¥37 billion for JAL ANA’s maintenance & depreciation cost significantly higher than JAL’s Negatively impacted operating profit by ¥89.1 billion in FY2013 ANA’s new plan places its CASK at ¥8.22, below JAL’s ¥8.3 by FY2016 […]

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Cathay Pacific in for the long-haul

Cathay Pacific to launch daily 777-300ER flight to Zurich in Dec 2014 Manchester 4 times weekly 77W flight to launch in January 2015 Launching Boston flights in early-2015 CX’s 5 daily 777-300ER flights to London Heathrow carry 100-120 tonnes belly cargoes 4 daily LAX flights can carry 80 tonnes belly cargoes Cathay Pacific ‘uninterested’ in […]

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The contrarian way of Cathay Pacific

Brisk passenger business stark contrast to stagnant cargo operations Cathay to report significantly improved profitability in 2014 Cathay to sell 6 747-400F production freighters back to Boeing 1 747-400F to be withdrawn in 2014; 1 in 2015 & 4 in 2016 Cathay should withdraw those 6 744Fs faster to allay overcapacity 95 weekly freighter flights […]

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