Jet Airway CEO Wolfgang Prock-Schauer is expecting another loss in the current financial year but believes the carrier will pass Air India in terms of revenue for the 12 months ending 31 March, 2009, to become India’s leadingairline. Jet, which lost US$100 million on US$2.3 billion in revenue for the yearended 31 March, does not expect to be profitable in the current fiscal year. All of India’s carriers are under pressure owing to overcapacity and farecutting as well as high … [Read more...] about India: Jet losing money but expects to top Air India
Carriers
New Zealand: Air NZ makes enviro history
history last month with the first “gate-to-gate optimised flight,” between New Zealand and San Francisco. The 777-200ER flight, dubbed ASPIRE 1 (Asia and South Pacific Initiative to Reduce Emissions), started in Auckland and consumed 4,600 litres less fuel than normal using a host of strategies to minimise fuel usage. That translated into 10.8 tonnes fewer CO2 emissions. ASPIRE is a joint initiative among US FAA, Airways NZ and Airservices Australia. The 777-200ER was cleared … [Read more...] about New Zealand: Air NZ makes enviro history
Hong Kong: Cathay looks at major network restructuring
Cathay Pacific Airways is looking at a possible major revamp of its network and fleet than previously disclosed, according to a memo sent to employees last week by CEO Tony Tyler. Tyler bleakly warned that the airline likely won’t “emerge unscathed” from the industry downturn. “These are extremely difficult times for the aviation industry, and I’m sorry to say there doesn’t appear to be any light at the end of the tunnel just yet,” he added. He … [Read more...] about Hong Kong: Cathay looks at major network restructuring
Hong Kong: Cathay Pacific boosts Oz freighter capacity
Cathay Pacific will add a third B747- 400 freighter service on its Australia route effective 27 September. The airline will operate a B747-400F Sundays on a Sydney-Melbourne rotation. Cathay said the additional freighter was required tomeet strengthening seasonal demand. … [Read more...] about Hong Kong: Cathay Pacific boosts Oz freighter capacity
Taiwan: Evergreen gets US green light for China
Evergreen International Airlines has won preliminary US approval for a new air cargo route to China. Evergreen plans to acquire two Boeing 747-400F freighters to operate six round-trip flights a week to Shanghai from New York’s John F. Kennedy International Airport, with stops in Chicago, Dallas-Fort Worth and Columbus, Ohio. The airline plans to carry about 360 tonnes of cargo a week out of China starting March 2009. Unlike competitors that pick up cargo in South Korea and elsewhere, … [Read more...] about Taiwan: Evergreen gets US green light for China
China: Air China sees volumes slide in August
Air China says it carried 68,000 tonnes of cargo in August, down 4.1 per cent on August 2007. Its eight month rolling comparison for the year was 552,384 tonnes, little changed from the same period of 2007. The cargo load factor for August was 56.2 per cent, down 0.5 percentage points, while the passenger load factor for Jan-August was 58.1 percent, up 4.7 percentage points. … [Read more...] about China: Air China sees volumes slide in August
