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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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Iran’s aviation future

16 January 2016 marked a watershed moment for Iran, as the European Union (EU) lifted sanctions in return for Tehran’s implementation of restrictions to its nuclear programme; as agreed in talks in July last year. Under the deal, negotiated between Iran and six powers: the U.S., the U.K., France, Germany, Russia and China, Iran is […]

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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, Boeing face defining moments

Boeing 777-9X 4-class OEW grew from 182 tonnes to 185t OEW still below 4-class Rev E spec of 188,241kg 777X take-off field performance better than -300ER; no need for increased thrust Boeing replaced CFRP MLG sidestays on all 787 variants with titanium part MLG material switch due to producibility issue with braided CFRP part Airbus […]

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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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Japan Airlines flies into tomorrow with simplicity

ANA overtakes JAL as largest Japanese international airline for the first time JAL now a full 32% smaller than ANA; doubling 16% in FY11 Employee productivity at JAL is 93% lower than at ANA JAL CASK advantage against ANA widens to 7.36% in FY14 Q4 due to fuel Peach makes Sendai 4th hub by mid-2017 as Skymark […]

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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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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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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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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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