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Magazine Issue

Aviation Daily, December 2, 2014

Airlines

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Major Chinese Airlines Seek 100-Plus Aircraft

Dec 02, 2014
BEIJING—China’s three largest airlines have ordered or are negotiating deals for more than 100 commercial aircraft from Airbus and Boeing, including re-engined types from the European manufacturer, industry officials say. In contrast to the usual style of Chinese airliner orders as a new economic planning period approaches—in this case, the 2016-20 five-year plan—the deals that have been concluded or are under negotiation appear to be quite fractured, covering mostly small quantities of each aircraft type.
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Lion’s Leasing Company Keeps Focus In-House

Dec 02, 2014
While Lion Air’s leasing unit may eventually be an active player in the third-party leasing market, for now it will concentrate on financing aircraft for and channeling them to the parent carrier. Indonesia’s Lion is one of many low-cost carriers (LCCs) that have set up separate leasing entities. Its unit, Transportation Partners, was set up in 2011 and is based in the financial hub of Singapore.
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MAS Reports Loss As Government Buyout Nears

Dec 02, 2014
Malaysia Airlines (MAS) posted a hefty net loss in what could be its last-detailed quarterly-earnings report for some years, highlighting challenges facing the government as it prepares to delist the carrier’s shares. MAS lost RM576.1 million ($167.7 million) for the three months ended September 30, up from a deficit of RM375.4 million in the same period last year. According to MAS, although “declining fuel prices have helped stem losses in our quarterly result, Malaysia Airlines continues to struggle despite efforts to reduce the financial bleeding.”
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Ryanair Firms Its MAX Order

Dec 02, 2014
Irish budget carrier Ryanair has finalized its order for 100 737 MAX 200s and 100 options, confirming its status as launch customer for the high-capacity variant.
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Jetstar Japan Prepares For International Debut

Dec 02, 2014
Low-cost carrier (LCC) Jetstar Japan is preparing to launch international services early next year thanks to a new capital injection by joint owners Japan Airlines (JAL) and Qantas. The Tokyo-based LCC has concentrated on domestic routes since it launched in 2012, but its owners see international expansion as key to reaching profitability. JAL’s rival carrier, All Nippon Airways (ANA), has launched two LCCs to serve international destinations: Peach and Vanilla.
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KLM Targets Unit Cost Reduction By 1.5% Per Year

Dec 02, 2014
A month after the sudden departure of CEO Camiel Eurlings, KLM has put an immediate freeze on cabin crew jobs and plans to lower operating costs by €700 million ($870 million) over the next five years to increase competitiveness, abate falling yields and earn decent returns to support the necessary investments. Eurlings was asked to step down as a result of the airline’s disappointing financial performance, and was replaced by Chief Operating Officer Pieter Elbers (Aviation DAILY, Oct. 17).
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Lufthansa Faces Strike, Crucial Board Decisions

Dec 02, 2014
Lufthansa’s board of directors is expected to emerge from a Wednesday board meeting having signed off on crucial management decisions that are likely to change the airline’s long-term structure.

Air Traffic Management

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IATA Urges European Commission To Press Ahead With SES

Dec 02, 2014
International Air Transport Association (IATA) Director General Tony Tyler has reiterated long-lasting calls on European policymakers to deliver a Single European Sky (SES), while vowing that IATA “will never give up” pushing for the overhaul of the continent’s air traffic control (ATC) system.

Industry Data