The dramatic collapse in the price of oil is helping to boost the bottom line of airlines but, ominously, the old adage says that what goes down will, inevitably, go up again. Routes News investigates.
A report from industry body International Air Transport Association (IATA) shows that average global fares fell by more than ten percent in the 2015 calendar year compared to the year before. It is believed that this will continue as oil prices remain low.
Tianjin Airlines was awarded licences by the Civil Aviation Administration of China (CAAC) last year to introduce flights between Tianjin and both London and Vancouver in conjunction with Chongqing as well as services to Moscow from both Chinese cities. It now appears that with its first two A330s currently under assembly that is making final preparations for its long-haul launch. The first is due for delivery next month.
The aviation sector in Poland plays an important role in the country’s economy and its network connectivity is unrecognisable today to that when the country joined the European Union in 2004, around 15 years after the end of communist rule. Routesonline investigates how point-to-point connectivity has helped put the country’s developing regional cities on the network map.
There are now almost 390 Boeing 787 Dreamliners flying to destinations around the world and there remains a ‘buzz’ around the modern generation airline programme with the positive impact of what the manufacturer describes as a “game-changing airplane” being used in airline marketing to highlight the equipment.
The aircraft, which is configured with 86 seats and will be leased between the busy summer months of June and September 2016, will allow Air Serbia to expand its flight network with non-stop flights to Hamburg in Germany and Kiev in Ukraine being introduced from its Belgrade base. In addition, the aircraft will be deployed on the carrier’s existing Belgrade – Sofia route.
The introduction of the sub-brand will enable AZAL to compete with both full-service and the developing low-cost market in the country. Turkish Airlines’ affiliate Anadolu Jet already operates flights to the regions of Azerbaijan and from the end of this month Wizz Air will resume flights between Budapest and Baku.
The Gulf carrier is both the world’s strongest and most valuable brand, with an increase of 17 percent from 2015. Emirates brand value is weighted at $7,743 million.
The new non-stop link between Doha and Yerevan will commence from May 15, 2016 with a four times weekly service being flown using an Airbus A320 configured in a two-class arrangement with 12 seats in Business Class and 132 in Economy Class. The new route is understood have been facilitated by Qatar Airways’ network expansion across the US, a market which has strong links back into Armenia, but with limited current connectivity.
According to OAG schedule data, ANA has accounted for more than a quarter (25.1 per cent) of all 787 flights since the aircraft’s debut offering almost 30 million Dreamliner seats (29,435,351 as of January 13, 2016).
South African low-cost carrier Mango will help launch a new Connecting Partner Model from global airline grouping Star Alliance as it seeks to further expand its network reach. The South African Airways (SAA) subsidiary will be the first ‘low-cost’ or ‘hybrid’ carrier to introduce its network into that of the wider grouping.
A recent attack from the newly appointed Odessa governor and former President of Georgia, Mikheil Saakashvili on the State Aviation Service Administration of Ukraine blaming its chief for using his flight assignment powers to preserve a near-monopolistic grip on the market, while protecting interests of individual oligarchs has resulted in immediate action which could finally bring open skies to Ukraine.
Although Transaero is continuing to fly, operational control of the airline has already been passed across to Aeroflot and bookings are no longer being taken beyond December 15, 2015. Although nothing has been formally confirmed on the likely bankruptcy of Transaero, these actions and an ongoing unscheduled safety audit by Russia’s Federal Air Transport Agency, Rosaviatsia, will likely lead to the closure of the carrier, with creditors such as Sberbank and Alfa Bank set to bring bankruptcy proceedings against the carrier.
The reciprocal bans have the potential to hit both nations' already struggling economies, reroute flights across a large part of Europe and lead to further economic disentanglement between the neighbouring states. Latest data from the World Bank's shows Ukraine's real GDP was expected to fall by over 7 per cent, making Russia and Ukraine the world's two worst-growing economies.
The airline had for a long-time used Domodedovo International Airport as its main scheduled base in Moscow, supplemented by leisure-based operations from Sheremetyevo International Airport. However, in May 2012 it introduced flights from Vnukovo, until then known mainly for its domestic activities within the Russian Federation.
The surprise announcement this week, driven by the country’s ongoing financial crisis, has been approved by the Russian Government and will continue the recent airline consolidation in the country which has already seen Aeroflot take over a number of its regional rivals.
The airline has recently completed a rebranding and now positions itself as a full service carrier, and with it has launched a total of five new international routes to Dusseldorf, Cologne, Bishkek, Amsterdam and Paris.
The aviation industry is becoming increasingly reliant on technology, from electronic reservation systems, mobile boarding to aircraft improved ground –to-air communications. However, there is a growing concern surrounding hackers looking to exploit the industry. Mainframe networks are susceptible to attack which is obviously a huge threat to airports and airlines alike.
An official signing ceremony for the deal took place at the US Department of State on July 14, 2015 with Under Secretary for Economic Growth, Energy, and the Environment Catherine A Novelli joining Ukrainian Infrastructure Minister Andriy Pyvovarsky in signing the formal Open Skies agreement.
Central Asian country, Kazakhstan has announced that it will expand its visa-free travel program to 19 countries across the world – allowing visitors to access the country for a period of 15 days without a visa.
Although the carrier has almost ten years experience in the cargo business, this will be its first growth into scheduled passenger operations. It intends to launch operations from September 2015 using a small fleet of three Boeing 737-500s that have already been acquired and are currently undergoing pre-service maintenance in Jordan.
Initially established in September 1994 under the AirZena brand, the carrier provided charter flights to the United Arab Emirates, Italy, China, Egypt, India, Syria and regular scheduled flights to Austria. It was granted national carrier status in November 1999 and latterly the Georgian Airways title has been added.
The airline industry is opening its eyes to Moldova as an international market and meetings at this year’s Routes Silk Road forum in Tbilisi, Georgia have helped establish at least one new air service and confirmed an increased capacity offering on an existing route.
Transaero announced plans to debut the Airbus A320 Family variant into its fleet from July 2015 in March last year when it confirmed a deal with ICBC Leasing, part of the Industrial and Commercial Bank of China, to introduce six A321 aircraft on operating leases for delivery through March 2016. These are the first of up to 30 A321s that are due to enter the Russian carrier’s fleet within the next five years.
