standard

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 […]

Read More
standard

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 […]

Read More
standard

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 […]

Read More
standard

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 […]

Read More
standard

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 […]

Read More
standard

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 & […]

Read More
standard

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% & […]

Read More
standard

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 […]

Read More
standard

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 […]

Read More
standard

More repercussions on A380 than A350-1000 on Emirates’ cancellation

The cancellation of an order for 70 Airbus A350 aircraft amounting to US$16 billion based on 2007 list prices by Emirates Airline has turned the focus on the Airbus company. In an obvious attempt to play down the drama, Airbus chief operating officer (COO) customers John Leahy said: “It is not the world’s greatest news.” […]

Read More