Saturday, February 28, 2015
Strike on Norwegian Airways
The biggest aircraft ever!
Which will carry the spacecraft into orbit and imaged plane for the first time, which will have the distinction of being the largest aircraft ever produced.
Goveia and 117 meters with 72 meters length wing aircraft to operate with six Boeing 747 engines. Once in use, which will carry the satellite and spacecraft orbit plane can take off with the car in a maximum of 6 thousand 124 pounds.
The first flight of the aircraft will have the largest aircraft ever to be built so far in 2016 is expected to do.
Numbers Reached by Turkish Civil Aviation
Number of aircraft used in civil aviation in Turkey until 2004, showing an increase of 171 percent in 2013, 385 in 2013 reached fever
Friday, February 27, 2015
Rolls Royce Opens New Facility on Blade Casting
Rolls-Royce opens the world’s most advanced turbine blade casting facility. When fully operational, the facility will manufacture more than 100,000 single crystal turbine blades a year for a range of Trent engines including the world’s most efficient aero engine the Trent XWB https://lnkd.in/eFaxx_i
Businesses man Costel Comana Found as Deadin Aircraft Toilet
Shown as one of Romania's richest businessmen Costel Comana, Colombia from Costa Rica in the outgoing passenger plane was reportedly found dead. Romanian businessman in the world by Forbes magazine among the richest 500 people had shown.
CFM orders SOAR in 2014
CFM orders SOAR in 2014 - In 2014, CFM experienced the highest levels of new engine orders and production in its history, logging orders for a total of 4,244 engines, including 1,527 CFM56 engines (commercial, military and spares) and 2,717 LEAP engines. https://lnkd.in/e6PfpX3
Thursday, February 26, 2015
Engineers Week on GE
Desk Work vs.Test Work - How does your work perform? #EngineersWeek #eweek15 #avgeek http://t.co/DSSvWY99l2
Qantas Airways Half Year 2015 Financial Results
Key points:
· Underlying Profit Before Tax: $367 million
· Statutory Profit After Tax: $206 million
· Transformation benefits: $374 million
· Comparable unit cost reduction: 4.8 per cent[1]
· Cash generated from operations: $1 billion
· Positive net free cash flow: $194 million
· Liquidity: $3.6 billion, including $2.9 billion cash
· Earnings per share: 9.2 cents
· No interim dividend
SYDNEY, 26 February 2015: Qantas today reported an Underlying Profit Before Tax of $367 million and a Statutory Profit After Tax of $206 million for the six months ended 31 December 2014.
This Underlying Profit Before Tax is Qantas’ best first-half performance since 2010 and an improvement of $619 million compared with the same period last year.
The main factors in the underlying improvement were:
· $374 million - Qantas Transformation program benefits;
· $208 million - reduced depreciation;
· $162 million - increased revenue per available seat kilometre;
· $59 million - removal of the carbon tax; and
· $33 million - lower fuel prices.
The Group achieved a 4.8 per cent reduction in comparable unit cost and a 2.1 per cent increase in revenue to $8.1 billion, driven by rapid progress with Qantas Transformation and recovering yields and loads in a stabilising environment.
The Group is now targeting $675 million of transformation benefits in financial year 2015, up from the previous target of $600 million. Combined with the $204 million in benefits realised in financial year 2014, this will result in total benefits of at least $875 million by 30 June 2015.
All operating segments of the Qantas Group were profitable in the half, at an Underlying Earnings Before Interest and Tax level.
Qantas International was profitable for the first time since the Global Financial Crisis, with Underlying EBIT of $59 million representing a turnaround of $321 million on the prior corresponding period. The business is expected to achieve its target – announced in 2011 – of a return to profit in financial year 2015.
In the domestic market, Qantas and Jetstar reported combined Underlying EBIT of close to $300 million.
Qantas CEO Alan Joyce said the result showed that the Group was executing the right plan with discipline and speed.
“The decisive factor in our best half-year result for four years was our complete focus on the Qantas Transformation program,” Mr Joyce said.
“It’s clear that without the impact of transformation, we would not be announcing a profit today.
“Our people have worked hard and made a huge contribution to bring about the change we need. They deserve great credit for this result.
“What sets this transformation apart is that we are reducing costs permanently while at the same time delivering Qantas’ best ever fleet, product and service.
“We are meeting or exceeding all our targets as we build a sustainable future for Qantas with an emphasis on growing long-term shareholder value.
“Our financial position is significantly stronger because of the actions we’ve taken, and we are giving Qantas a solid foundation for growth in earnings.”
Financial Position
Qantas is de-leveraging its balance sheet and increasing its return on invested capital.
The Group’s cash flow improved rapidly compared with the same period last year, with cash generated from operations up 44.8 per cent to $1 billion. Positive net free cash flow was $194 million.
Liquidity remains strong at $3.6 billion, comprising $2.9 billion in cash and $720 million in undrawn facilities. Approximately one third of the Group’s fleet of aircraft is debt-free and, after a period of extensive fleet renewal, the Group’s average scheduled passenger aircraft age is 7.2 years – the youngest in more than two decades.
Planned capital expenditure is unchanged at $900 million for both financial year 2015 and financial year 2016.
Brand and Customer Satisfaction
Customer satisfaction remains at high levels in all parts of the Group and has continued to set new records in some areas.
When the Qantas Transformation program was launched, the Group made a commitment to disciplined investment in aircraft, lounges, technology and service, in order to maintain a clear brand premium over the competition.
Recent initiatives for customers include the opening of new premium lounges in Los Angeles, the launch of Qantas’ new A330 product (with lie-flat beds in business), a revitalised food and beverage service for economy passengers, the staged introduction of automatic SMS check-in for domestic passengers, and expanded inflight entertainment.
Qantas has been recognised in the Roy Morgan Customer Satisfaction Awards (Domestic Airline of the Year, Domestic Business Airline of the Year), TripAdvisor Traveller’s Choice Awards (Best Airline in Australia), Skytrax World Airline Awards (Best Airline Australia / Pacific) and the Airline Ratings awards (Safest Airline, Best Lounges, Best Domestic Airline, Best Catering), among others.
Jetstar’s brand remains among the strongest in the LCC sector, having been named best low-cost carrier in Australia and Singapore and a top five low-cost carrier globally in the World Airline Awards.
Group Performance
Qantas Domestic
Qantas Domestic reported Underlying EBIT of $227 million, an improvement of $170 million compared with the same period in financial year 2014.
The business realised transformation benefits of $127 million in the first half and achieved a 2.5 per cent improvement in revenue per available seat kilometre, with a stabilising operating environment supporting yield and load recovery.
Comparable unit costs were reduced by 4.1 per cent[2] on capacity reduction of 2.4 per cent. Increased fleet utilisation will remain a focus in the second half.
Customer satisfaction was at record levels in the December quarter, reflecting ongoing investment in aircraft, lounges, product and training, including the introduction of the new A330 product for core east-west and east coast routes.
Qantas Domestic retained an 80 per cent revenue share of large accounts in the Australian corporate travel market, including 113 account renewals, 42 new accounts, 16 accounts won back from the competition, and four accounts lost.
Resources sector and government travel demand continues to be subdued in the domestic market, but demand is stronger in other business sectors, such as financial services.
Qantas International
Qantas International reported Underlying EBIT of $59 million, a turnaround of $321 million compared with the same period last year.
Of the turnaround, $159 million was attributable to cost and revenue initiatives under Qantas Transformation. A further $100 million was attributable to reduced depreciation following the non-cash writedown of the Qantas International fleet in August 2014.
Comparable unit costs were reduced by 3.8 per cent and revenue was increased by 4.8 per cent.
A significant increase in fleet utilisation enabled Qantas International to add seasonal or permanent capacity to destinations including Los Angeles, Dallas/Fort Worth, Vancouver, Santiago, Honolulu and Auckland.
The business continued to form new airline partnerships and expand existing partnerships in North America, South East Asia and Greater China, giving customers more destinations and increasing the Group’s reach in key markets.
Customer satisfaction has risen by 30 per cent since financial year 2012 and remains at near-record levels. This period has seen upgrades to the B747 and A380 fleets, network improvements, the Emirates partnership, and new lounges in Singapore, Hong Kong and Los Angeles.
Competitor capacity growth in the international market has slowed significantly from the compound annual growth rate of 7 per cent seen in the five years to financial year 2014, with two per cent growth in the first half and a small contraction forecast in the second half.
Jetstar Group
The Jetstar Group reported Underlying EBIT of $81 million, an improvement of $97 million compared with the same period last year.
Domestically, Jetstar achieved EBIT of $63 million, driven by improved yields and loads and a continued focus on management of costs and capacity.
Jetstar International achieved strong earnings of $51 million, benefitting from network changes and the introduction of the Boeing 787 Dreamliner
Dreamliners will operate all Jetstar’s long-haul flights from September 2015, delivering an improved customer experience and lower unit costs.
The Jetstar brand continues to grow in Asia, where Qantas’ investments will generate long-term returns from the world’s most important emerging aviation markets. Jetstar-branded airlines now fly to 66 destinations across 16 countries in the Asia Pacific region.
The Jetstar-branded airlines in Asia improved their performance in the first half relative to the prior corresponding period, with a $13 million reduction in Qantas’ share of losses.
Singapore-based Jetstar Asia was profitable in the second quarter, following significant capacity restructuring in the market.
Qantas Loyalty
Qantas Loyalty reported record half-year Underlying EBIT of $160 million, up 10 per cent on the prior corresponding period.
The Qantas Frequent Flyer program added more than 400,000 new members in the half to reach a total membership of 10.5 million.
Billings were up 6 per cent as Qantas Loyalty continued to diversify its customer base and revenue streams through growth ventures.
Activations of the Qantas Cash travel money and membership card were up 27 per cent from the second half of financial year 2014, with approximately $800 million loaded on the cards. The Aquire loyalty program for SMEs is also growing strongly. Over 55,000 businesses have joined Aquire and the program now has 21 partners.
Overall, gross profit from adjacent ventures – including Qantas Cash, Accumulate and Qantas Golf – was up 70 per cent in the half.
Qantas Freight
Qantas Freight reported Underlying EBIT of $54 million, an improvement of $43 million and its best first-half result since 2006.
International cargo markets continued to recover, accounting for $44 million of Underlying EBIT, with the China-US and US-Australia markets performing well. The domestic market was more challenging, in line with the mixed economic environment.
Outlook
The outlook for the Group’s operating environment in the second half of financial year 2015 has improved:
· Overall demand is stable, while demand is mixed in the Australian domestic market;
· Domestic and international market capacity is moderating; and
· Yield and load factors have stabilised and are in the early stages of recovery.
Subject to external factors, the Group’s operating expectations are as follows:
· Qantas Group capacity will increase by 1.5 to 2 per cent in the second half of financial year 2015 compared with the second half of financial year 2014;
· The Group’s full-year underlying fuel costs are expected to be no more than $4 billion at current prices;
· The Group’s full-year depreciation and amortisation expense is expected to be $1.1 billion; and
· All operating segments are expected to be profitable in financial year 2015.
No Group profit guidance can be provided at this time, due to the high degree of volatility and uncertainty in global economic conditions, fuel prices and foreign exchange rates
Wednesday, February 25, 2015
New Sponsorship Agreement by Turkish Airlines
Turkish Airlines (THY) and Bosnia and Herzegovina in Sarajevo in the first Football League team sponsorship agreement was signed between 3.5 years.
20 Year Strategic Partner Award of Shell Aviation
Shell Aviation, due to strong collaborations with important contributions and union member airlines provided to the sector since 1994, the International Air Transport Association (IATA) 's "20 Year Strategic Partner" award.
It's time to sell Boeing Share
With a sustained lower fuel price and pockets of global growth volatility, the demand equation for aircraft could worsen, and Boeing shares are highly correlated to new aircraft orders. New aircraft supply has now doubled from the trough, and growth rates should slow. We think medium-term free cash flow expectations for Boeing are too high, at a time where the 787 deferred target keeps moving higher in large chunks. We also see reach forward loss risk on the 787. We see better opportunity both through-cycle and today, in the higher margin Aerospace supply chain.
In addition to catching up to supply, Goldman notes that the decline in oil prices could change dynamics in the industry, as 50% of current plane deliveries are to replace old aircraft against a rate of 30% historically.
Robot Rewind UTC Team
Robot Rewind: As UTC teams gear up for the 2015 FIRST Robotics season, take a look at last year’s World competition http://unitedtech.co/FIRST
Pratt Whitney Success upon Teamwork
The engineers of Pratt & Whitney know that success is contingent upon teamwork. Meet some of the dependable people who developed the PurePower PW1500G engine for the Bombardier CSeries.
Saab Engineering
For over five decades, Sweden has been involved in the research and development of the Stirling Engine. It happens to be one of the quietest and most environmentally friendly engines there is, its technology ensuring submarines can stay under the surface much longer. But how does it work? https://lnkd.in/bkacyDE
New Destination of Qatar Airways
Qatar Airways has strengthened its relationship with Bangkok Airways with the addition of further code-share routes.The new code-shares come after a year of rapid expansion for Qatar Airways across the globe, with the addition of 12 new destinations throughout the course of 2014, together with frequency and capacity increases across the network. http://bit.ly/1AISmw5
Tuesday, February 24, 2015
Rynair's New Partnership with Vodafone
Ireland-based thrift airline Ryanair, has signed an important partnership with Vodafone. Under the deal, Vodafone, Ryanair flies to 189 points in a communications infrastructure that will support 3G and 4G to provide, to provide solutions for IT.
Monday, February 23, 2015
New B737-900 For Turkish Airlines
Turkish Airlines Boeing 737-900 were included in the order of 15 aircraft from the 11th to the fleet.
The Most Valuable Brands
Determining the most valuable brands in the global Brand Finance Global 500 list of the 4th year in a continued rise in the Emirates took place more than 38 196'ınc rose as compared to 2014.
Sunday, February 22, 2015
Air France-KLM partnership Revenue Loss
Air France-KLM partnership in 2014 to close to balance the loss.
Partnership shrank 2.5 percent in Europe's second largest airline after Lufthansa's position.
2013 by 1 billion 800 million loss recorded great progress despite the influence of the strike of pilots announced losses of 198 million euros
Deal of Turkish Airlines Technic
Indonesian airline CitiLink to A320 model aircraft, Turkish Airlines made a deal with the technical component for the pool.
Thursday, February 19, 2015
Earn up to Triple Flyer Points with Etihad
Wednesday, February 18, 2015
Virgin Australia to relinquish NZ air operator’s certificate
Qantas confirms VH-OJA final flight for March 8
Cessna crash lands at Brisbane's Archerfield Airport
Read more: http://www.smh.com.au/business/aviation/cessna-crash-lands-at-brisbanes-archerfield-airport-20150218-13hwpg.html#ixzz3S5224tMs
Qatar Airways unbelievable rules for women
Tuesday, February 17, 2015
Jetstar industrial action pulled
A KEY Jetstar pilots’ union has withdrawn the threat of industrial action after reaching a new in-principle agreement
Virgin seeks new Velocity boss
VIRGIN Australia has started a global search for a new chief for its Velocity frequent flyer scheme after the resignation of incumbent Neil Thomson
Monday, February 16, 2015
Today's Aviation Features
February 16, 2015
TODAY'S FEATURES
FAA Finally Proposes ‘Flexible’ Rule On Small UAS
Graham Warwick
Aviation Daily
Anyone wanting to fly a small unmanned aircraft commercially in U.S. airspace will have to obtain an special operator certificate and pass a test on the “rules of the air”, but the aircraft themselves will not require airworthiness approval, according to a proposed rule finally released Feb. 15 by the FAA.
The Tale Of The Unclaimed T-X Aggressor
Amy Butler
Aerospace Daily & Defense Report
In the midst of a major budget crunch at the Pentagon, the Air Force is ill-equipped to explain just how a request for $220.5 million for a “red air” aggressor aircraft got into the fiscal 2016 budget plan sent to Congress Feb. 2.
Air India Restructuring Focuses On Continued Fleet Renewal
Jens Flottau
Aviation Week & Space Technology
Air India faces myriad challenges as it tries to regroup, not least of which is the creation of two more airlines operating on the domestic market.
MRO Providers Expect Low Fuel Costs To Boost Airline Spending
Sean Broderick
Aviation Daily
Aftermarket-services providers have no doubt that low fuel prices will lead to increased airline spending, but are less certain about when the effects will become visible in backlogs and balance sheets.
Podcast: Is The Pilot Shortage For Real?
AviationWeek.com
Our editors discuss the global pilot shortage and why the solution is not as simple as paying American regional pilots more.
Monday, February 2, 2015
THY'nin filoya dahil edilecek yeni üyesi
Türk Hava Yolları'nın 15 uçaklık Boeing 737-900 siparişinden 11'incisi kısa süre sonra filoya katılacak.
Türk Hava Yolları, geçtiğimiz yıllarda sipariş ettiği Boeing 737-900 serisi uçakları teslim almaya devam ediyor. Bugüne kadar 10 uçağı teslim alan THY, uzun süre ara verdikten sonra bir siparişini daha teslim almaya hazırlanıyor.
THY'nin TC-JYL kuyruk tescilini verdiği Boeing 737-900 tipi uçağı test uçuşlarını tamamladı ve THY renklerine boyandı.
Uçağın bugünlerde Türkiye'ye getirileceği belirtilirken ektsra yakıt tanklı bu modellerle THY, Afrika uçuşlarını gerçekleştiriyor.
Bu arada THY'nin geniş gövde siparişlerinden TC-JJV kuyruk tescilli Boeing 777 tipi uçak da test uçuşlarına başladı.
THY'nin teslim alacağı 17'nci Boeing 777 tipi uçak olacak olan TC-JJV'nin Şubat ayı içerisinde filoya katılacağı kaydedildi.
Kaynak:airporthaber
THY'nin filoya dahil edilecek yeni üyesi
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