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Magazine Issue

Aviation Daily, August 18, 2014

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Airlines

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Air Arabia Quarterly Profit More Than Doubles

Aug 18, 2014
United Arab Emirates (UAE) low-cost carrier Air Arabia managed to significantly improve performance and recorded a 128% increase of its net profit in the second quarter, in spite of the aggressive fleet and network expansion of neighboring rival flydubai.
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Jazz Parent Chorus Aviation Quadruples 2Q Net Profit

Aug 18, 2014
Chorus Aviation, parent of Canadian regional airline Jazz, posted a second-quarter net profit of C$36.5 million ($34.2 million), more than quadrupling its 2Q 2013 net income of C$7.9 million. Chorus’ operating revenue grew 1.8% year-over-year to C$417.8 million as expenses increased by 1.3% to C$383.6 million, leaving an operating income of C$34.3 million—an 8.1% improvement on the year-ago June quarter.
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Finnair Anticipates Significant Full-Year Loss

Aug 18, 2014
Finnair is expecting a significant deterioration to its full-year turnover and profitability, after tumbling to a €23.9 million ($ 31.9 million) second-quarter net loss. The €23.9 million loss for the quarter ended June 30 marked a huge swing from the €18.1 million Q2 net profit posted a year ago. Finnair CEO Pekka Vauramo blamed the decline on weaker demand in Finland and Asia, stronger long-haul competition and adverse exchange rates. He described the result as disappointing, and added: “We can definitely not be happy about it.”
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ANA Wins Japanese VIP Aircraft Contract

Aug 18, 2014
Finnair is expecting a significant deterioration to its full-year turnover and profitability, after tumbling to a €23.9 million ($ 31.9 million) second-quarter net loss. The €23.9 million loss for the quarter ended June 30 marked a huge swing from the €18.1 million Q2 net profit posted a year ago. Finnair CEO Pekka Vauramo blamed the decline on weaker demand in Finland and Asia, stronger long-haul competition and adverse exchange rates. He described the result as disappointing, and added: “We can definitely not be happy about it.”
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Shanghai Budget Carrier Spring Considers A330s

Aug 18, 2014
BEIJING — Leading Chinese low-cost carrier (LCC) Spring Airlines is looking to introduce Airbus A330s to extend its reach beyond the capabilities of its A320s. In contrast to AirAsia in Southeast Asia, Spring is considering services to Europe and not limiting itself to Asia and Oceania.
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Capacity Oversupply Affecting Asian Routes, Australian Official Says

Aug 18, 2014
While Australia’s international airline service has expanded rapidly in recent years, there are worrying signs that supply is outstripping demand, a senior government official says. This trend needs to be considered in government aviation policy, according to Mike Mrdak, secretary of the Australian Department of Infrastructure and Regional Development. Rapid growth in international service is not necessarily desirable, and it is important that airlines operate profitably, Mrdak said during the recent CAPA Australia Pacific Aviation Summit.
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JetBlue Will Give Flight Attendants iPad Minis

Aug 18, 2014
In a move that could eventually allow crew members to produce more revenue, JetBlue Airways said it will give each of its flight attendants iPad Minis that they can use to sell products while onboard aircraft.
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Virgin America Will Add Three Daily Flights From Dallas Love Field Next Spring

Aug 18, 2014
Virgin America will temporarily suspend flights between San Francisco and Fort Lauderdale beginning next spring, when it adds three new frequencies from Dallas Love Field.
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Jet Airways To Shed Low Cost Brands

Aug 18, 2014
In the first major changes since it appointed a new CEO in May, Indian carrier Jet Airways will retire its JetLite and Jet Konnect subsidiary brands and integrate the two low-cost carriers (LCCs) into its full-service operations by year’s end.
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Southwest Signals Intentions For Houston-Mexico City

Aug 18, 2014
Southwest Airlines is revealing where it plans to fly in Mexico through filings with the U.S. Transportation Department (DOT) that support—or, with some caveats, do not object to—another airline’s plans in that country. United Airlines has applied for an exemption that would allow SkyWest, operating as United Express, to fly between Houston and Mexico City. United and its code-share partner, ExpressJet, already have the authority to fly the route, but United is asking the DOT to substitute SkyWest for ExpressJet.
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Lufthansa Nears Longhaul Low-Cost Decisions

Aug 18, 2014
Lufthansa’s planned new longhaul low-cost venture could clear a major hurdle within the next two months, as shareholders of leisure carrier Sun Express are getting closer to a decision on how to proceed with the project. The airline’s next board meeting could take place in mid-October; if Lufthansa wants to stick to its plan to launch the new affiliate by next year, it needs to make quick decisions.

Regulatory/Legislative

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Australian Industry Group Urges Entry Procedure Reforms

Aug 18, 2014
A new report from a major industry group is calling for reforms to streamline air travel between Australia and New Zealand, although it appears a common border remains off the table.

Industry Data

Calendar of Events

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Upcoming Events

Aug 18, 2014
To list an event, send information in calendar format to Donna Thomas at [email protected]. (Bold type indicates new calendar listing.) Sept. 7-10—2014 ACI-NA Annual Conference & Exhibition, Atlanta, Georgia, http://annual.aci-na.org/ Sept. 10-11—TRAM Aerospoace Conference, Chicago, Illinois, www.tram-conference.com

Aviation Week Conferences & Exhibitions

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AviationWeek Conferences & Exhibitions

Aug 18, 2014
You can now register online for Aviation Week events. Go to www.aviationweek.com/conferences or contact: Lydia Janow, 212-904-3225 or 800-240-7645 ext. 5 (U.S. and Canada only) Sept. 23-24—Brazing Symposium, Sheraton Wild Horse Pass Resort & Spa, Phoenix, Arizona Oct. 7-9—MRO Europe, Madrid Spain Nov. 4-6—MRO Asia, Singapore EXPO Convention and Exhibition Centre, Singapore