Hedge Your Exposure To Fluctuating Airfares Introducing the Aero 100 Airfare Benchmark Index Designed for anyone with risk on the future level of airfares – for example Airlines, Banks/Credit Card Companies, Corporate Travel Managers, etc. The Aero 100 Airfare Benchmark Index tracks daily airfares within the domestic airline market.
Click here to view the pdf Fuel Watch: Global Jet Fuel Prices (midpoint) As of October 17, 2012, compared with previous week and previous year cts/gal prev. week prev.
Etihad Airways and Garuda Indonesia, as expected, have entered into a code-share agreement. The code-share agreement, which comes into effect on Oct. 28, gives the Middle Eastern carrier greater access to Indonesia, the world’s most populous Muslim nation. Garuda, meanwhile, gets greater access to the Middle Eastern, African, European and North American markets, thanks to Etihad.
AAR Corp. will provide airframe heavy maintenance service for Air Canada’s Airbus A320s under a letter of intent signed with the carrier. Should the deal proceed, AAR would provide scheduled maintenance and modifications for about 89 A320s through September 2017.
Canadian regional operator Jazz in February will start deploying new Bombardier Q400s as part of a phased roll-out to replace older aircraft under contract to provide feed to Air Canada. Jazz already had 15 Q400s in its fleet when parent company Chorus Aviation in July exercised six of 15 options held with Bombardier (Aviation Daily, July 16). Two Q400s are scheduled to be delivered monthly in February, March and April 2013, a Jazz spokeswoman tells Aviation Week.
Brazil’s GOL Linhas Aereas Inteligentes by year-end plans to begin one-stop flights to the U.S., marking a departure from the carrier’s strategy of focusing on domestic and near-international routes.
Southwest Airlines CEO Gary Kelly attributes a sharp decline in September demand for the fall in third-quarter operating revenues and income. July and August traffic was slightly off the company’s expectations, Kelly told analysts during Southwest’s third-quarter earnings call. But the carrier’s own published traffic reports show that July and August revenue passenger miles (RPMs) were essentially flat, while September RPMs fell 2.1%.
Bombardier President and CEO Pierre Beaudoin yesterday called on the Canadian government to develop a comprehensive strategy to help domestic companies compete with state-funded enterprises in emerging markets.
Click here to view the pdf Nonstop Passengers Per Day Each Way, Los Angeles - Taipei Nonstop Passengers Per Day Each Way, Los Angeles - Taipei Eva Airways China Airlines Others 2007Q1 703 666 4
Garuda Indonesia, in an effort to put more Indonesian pilots into the cockpits of its Bombardier CRJ1000s and turboprops, aims to establish a joint venture with CAE to place a CRJ simulator in Jakarta that will serve Garuda and third-party customers, a airline official says. Currently, Garuda is sending pilots to Canada for CRJ simulator training, and as it gets closer to selecting turboprop aircraft for its Citilink subsidiary has decided to use mostly foreign pilots to fly the aircraft for at least two years.
Airports are expected to concentrate their infrastructure development efforts on design standards, reconstruction and capacity as they reallocate their resources in a tight economic climate, creating a dip in overall Airport Improvement Program (AIP) eligible projects over the next five years.
FedEx Express plans to install a 3.5-acre solar electric system at its Newark Liberty International Airport regional hub in an effort to increase efficiency and cost savings. The 9,000 solar panels set for installation across three rooftops at Newark will provide about 15% of overall power at the facility, Mitch Jackson, VP-environmental affairs and sustainability for FedEx Corp., tells Aviation Week. The energy will contribute to lighting and sort belts that process an average of 360,000 packages daily.
The fate of Pluna’s remaining six Bombardier CRJ900ERs is uncertain, as the Uruguayan government determines what to do with the liquidated carrier’s assets. Spanish charter operator Cosmo bought seven of the carrier’s aircraft Oct. 1 and has since announced it will operate them on flights between Spain and Eastern Europe. Uruguay’s government before the auction said its plan was to sell all 13 aircraft in one lot to a bidder that would launch a new airline based in the country.
Despite little change to AMR Corp.’s third-quarter labor costs from the same period in 2011, the latest quarter’s improved financial performance suggests that once new contracts with two of the airline’s three main unions come into force, the company’s operating margin will continue to grow.
NASA is considering a prize challenge to accelerate integration of unmanned aircraft into civil airspace, with two competitions of increasing complexity possibly offered in late 2013 and 2014 with a combined purse of $1.5 million. Under its Centennial Challenge program, NASA has previously staged competitions designed to engage the public in advancing technology for space elevators, electric aircraft, lunar landers and regolith excavation.
A lightweight, high-performance composite fan could be crucial to Rolls-Royce’s chances of meeting the thrust-to-weight ratio targets set by Boeing for its proposed 777X derivative development. Now, more than 40 years after Rolls abandoned a pioneering attempt to develop the world’s first composite fan blade, the U.K. engine maker is honing a design for flight-testing with advanced composites manufacturer GKN Aerospace.
Air India Express (AIE), the budget subsidiary of national carrier Air India, plans to acquire 14 additional aircraft from Boeing by 2017, an airline official says. “Air India Express will acquire 14 Boeing 737-800 aircraft over next four-five years,” Chief Operating Officer Ansbert D’souza says. The decision was made recently by India’s civil aviation ministry as part of the turnaround plan for Air India. The airline will soon decide whether “to go in for leasing or buy the aircraft,” D’souza adds.
The bankruptcy judge overseeing Mexicana de Aviacion’s restructuring has ordered Med Atlantica to withdraw its bid for the carrier as the investment group has taken too long to revive the carrier or prove it has $300 million of the $400 million the consortium initially had pledged.
Aeronautical Engineers (AEI) reached an agreement with Bombardier Aerospace to “explore market interest” in CRJ200 freighter conversions because of the potential to broaden the scope to larger CRJ700s as well as developing a niche cargo market for up to 50-75 cargo variants of the smaller twinjet.
