BEIJING/SHANGHAI, March 2 (Reuters) – Shares in HNA Group-controlled companies rose on Monday after the Chinese aviation and tourism conglomerate said it had asked the government to help it resolve liquidity risk caused by the coronavirus outbreak which has put heavy pressure on the airline industry.
HNA directly owns or holds stakes in a number of local Chinese carriers, which have suffered in recent weeks from widespread flight cancellations and plummeting demand.
Hainan Airlines Holding Co Ltd, the flagship of HNA Group Co Ltd, rose by over 3% by 0400 GMT, while HNA Technology Investments Holdings Ltd surged nearly 40%.
Other units such as HNA Investment Group Co Ltd and HNA Technology Co Ltd also saw their prices climb.
HNA Group said on Saturday it had asked the Hainan provincial government to lead a working group as it was not able to deal with the liquidity risk itself.
The group had acknowledged liquidity issues before the coronavirus outbreak started. In December, Chairman Chen Feng said HNA had faced cash flow shortage that forced it to delay salary payments.
Its Saturday announcement has driven heavy discussion in China on whether there will be a carving up of its assets.
Two weeks ago, HNA-related shares likewise rose on a media report that said China’s government planned to take over the debt-laden conglomerate.
“The implementation of a government acquisition would be challenging as HNA’s structure is complex,” Warut Promboon, head of credit research at Bondcritic, said on Monday. “Overall, it is credit positive. HNA has grown too fast and is too big that it needs to be broken down. The restructuring will be best under the state support.”
Travellers in the US are set to enjoy more choice in the air, with the formal launch of Breeze Airways announced last week.
Previously known by the code name “Moxy”, the new airline is the brainchild of experienced airline executive David Neeleman, who is renowned for having established four successful airlines during his career.
With the experience of establishing the likes of Morris Air, WestJet, Jet Blue and Azul, each of Neeleman’s new entrants are notable for introducing a variety of innovations to the market.
Today considered commonplace; leading customer experience improvements include e-ticketed bookings, inflight TV streaming and the opening up of routes to city pairs previously not served by existing carriers.
Investments as airline expands global network from DFW, improves customer experience
FORT WORTH, Texas — American Airlines has announced plans to build a new, larger catering kitchen at Dallas Fort Worth International Airport (DFW). The new facility is part of American’s long-term growth strategy at its largest hub, and will allow the airline to better serve customers as it grows.
The investment reaffirms American’s commitment to grow and improve customer experience at DFW. In addition to the new kitchen, construction is also slated to begin ona a state-of-the-art aircraft parts distribution facility, which will help reduce maintenance delays by providing parts from DFW to American’s global network.
This year alone, American has expanded at DFW by adding 15 more gates and increasing the amount of flying to 900 daily departures. Additionally, the airline introduced a Flagship Lounge to serve premium customers travelling to international destinations. The growth is part of a larger strategy that will continue as American continues to invest in the operational efficiency and customer experience initiatives at DFW.
“DFW remains a great source of opportunity and growth for American,” said Cedric Rockamore, American’s Vice President of DFW of Hub Operations. “These investments will ensure we can continue to welcome the world to and through DFW for a very long time.”
Catering kitchen
American will build a new catering kitchen to support DFW’s current and future catering demands. The new facility will replace the existing catering kitchen, which was built in 1982 and is too small to support the airport’s growing operation. Construction on the new kitchen will begin in January 2020.
“In addition to more space, the new kitchen will provide updated equipment and efficiencies to improve our catering operation, which improves our reliability and provides a better experience for our customers,” Rockamore said.
The $100 million construction project will take about 18 months to complete and supports the first phase of development for DFW’s new Terminal F. This phase includes four new gates and customer areas located on the southeast corner of Terminal D and is scheduled to open in 2022.
The kitchen will continue to be staffed and operated by LSG Sky Chefs, the airport’s largest catering vendor.
Central Fulfillment Center and cargo mail facility
American plans to break ground in January 2020 on a new Central Fulfillment Center that will house aircraft parts for line maintenance support across our network. The 390,000-square-foot facility will enable the airline to fulfill request for parts up to 75% faster, minimizing potential maintenance delays. Locating this facility at DFW enhances our ability to distribute parts for overnight maintenance throughout the network.
This project will also include a facility for cargo mail, a key revenue stream and narrowbody product for American Airlines Cargo. The expanded space will allow the Cargo team to optimize fleet, network and market demands for transporting mail.
Terminal expansion
To support the demand for additional growth, DFW continues to develop new and optimize existing terminal spaces. These efforts include two new gates and customer areas at Terminal E, which American will utilize to support summer 2020 flying, and the continued development of Terminal F.
With the first phase of development for Terminal F underway, details of the additional phases will be developed as American and DFW continue to study infrastructure demands and customer needs.
Nov 29 (Reuters) – Airlines that fly to and from Hong Kong will be able to keep their prized airport slots even if they temporarily cut capacity due to weak travel demand through March, according to the Hong Kong Civil Aviation Department.
Many airlines, including flagship home carrier Cathay Pacific Airways Ltd, South African Airways and Malaysia’s AirAsia Group Bhd have cut flights to and from Hong Kong temporarily as a result of sometimes violent anti-government protests that have led to a sharp fall in tourist and business travel demand.
More than 5,800 people have been arrested since the unrest broke out in June over a proposal to allow extraditions to mainland China, the numbers grew in October and November as violence escalated.
Under more normal conditions, it is tough for airlines to get take-off and landing slots at Hong Kong’s airport because it lacks capacity until a third runway will come into operation in 2024.
A “use-it-or-lose-it” rule stipulates an airline normally only keeps slots out of historic precedence if it can demonstrate it used them at least 80% of the time in the previous airline scheduling season.
The current winter season, which began on Oct. 27, ends on March 28, 2020.
Hong Kong’s Civil Aviation Department said in a statement to Reuters on Thursday evening that in order to provide airlines with greater flexibility in aircraft deployment to deal with the fall in passenger demand, the “use-it-or-lose-it” rule had been temporarily suspended for the winter season.
Airport Authority Hong Kong reported declines in October of 13% in passengers and 6.1% in the number of inbound and outbound flights – the steepest falls since the unrest began.
(Reporting by Jamie Freed in Sydney Editing by Marguerita Choy)
HONOLULU, Nov. 27, 2019 /PRNewswire/ — Hawaiian Airlines welcomed guests aboard its inaugural flights between Fukuoka Airport (FUK) and Honolulu’sDaniel K. Inouye International Airport (HNL) with festive gate-side celebrations in both cities as the carrier marked the start of its four-times-weekly nonstop service with Airbus A330 aircraft.
Pictured L to R at FUK: Principal Officer John C Taylor, US Consulate Fukuoka; Mr. Satoshi ISHIMOTO, Head of Fukuoka Airport Branch, OSA JCAB, MLIT; Ms. Akie Oomagar, Vice Governor of Fukuoka Prefecture; Mr. Hiroaki Mitsuyama, Vice Mayor of Fukuoka City; Mr. Tetsuya Nagasao, CEO of FIAC; Ms. Mitsue VARLEY, Japan Country Director, Hawaii Tourism Japan; Jeff Helfrick, Vice President of Airport Operations, Hawaiian Airlines; Kahu La‘akea Arista.
Hawai’i’s flagship carrier delighted guests with performances by the Hawaiian Airlines Serenaders music and hula troupe, as well as fresh lei and special keepsakes including a canvas tote and luggage tag commemorating the airline’s inaugural flight.
Hawaiian Airlines President and CEO Peter Ingram addressed guests in Honoluluto mark the return of service to its sister city. Ross Higashi, deputy director of the State of Hawai’i Department of Transportation – Airports and Koichi Ito, Consul General of Japan also offered congratulatory remarks before the inaugural flight, HA827, departed HNL on Nov. 26 at 11:20 a.m., arriving into FUK at 5:21 p.m.the following day.
In Fukuoka, Theo Panagiotoulias, Hawaiian’s senior vice president of global sales and alliances, and John C. Taylor, principal officer of the U.S. consulate in Fukuoka joined guests in celebrating HA828, which departed FUK at 7:55 p.m. on Nov. 27. The flight’s 8:45 a.m. scheduled arrival at HNL on the same day gives travelers the afternoon to explore O’ahu or connect to one of Hawaiian’s seven neighbor island destinations.
“Fukuoka and Honolulu share a special relationship, so we’re thrilled to bring local residents of Kyushu and Hawai’i one step closer to their vacation with our convenient nonstop service,” said Panagiotoulias. “We’re pleased to now offer 35 weekly flights between Hawai’i and five gateways in Japan with the launch of our new Fukuoka service.”
Guests traveling between Fukuoka and Honolulu will enjoy the roominess and comfort of Hawaiian’s Airbus A330 aircraft, which features 18 fully flat Premium Cabin leather seats arranged in a 2-2-2 configuration tailored for couples, families and honeymooners while offering great functionality to business travelers. Hawaiian also offers 68 of its popular Extra Comfort seats with more legroom and enhanced amenities, in addition to 192 Main Cabin seats. All guests will enjoy Hawaiian’s award-winning hospitality, including island-inspired meals prepared by Hawai’i’s top chefs, as well as new in-flight amenities by Kealopiko, designers of contemporary island apparel.
Hawai’i has strong historical ties to Fukuoka dating back to 1885 when the first 149 immigrants arrived on the ship Yamashiromaru to work in Hawai’i following King David Kalakaua’s signing of a treaty of reciprocity with Japan.
A century later, in 1981, the State of Hawai’i passed a resolution establishing a Sister-State relationship with Fukuoka Prefecture, the first one in Hawai’i’s history. Then- Hawai’i Gov. George Ariyoshi, whose father Ryozo Ariyoshi came to Honolulu from Fukuoka, led the Sister-State initiative.
Fukuoka becomes Hawaiian’s fourth gateway city in Japan, which complements its existing network of nonstop service connecting the Hawaiian Islands with Osaka, Sapporo, and Tokyo’s Haneda and Narita airports. The carrier now operates 35 weekly nonstop flights between Japan and Hawai’i and will begin additional daily service between HNL and Tokyo Haneda on March 28.
FORT WORTH, Texas — A trip to the breathtaking landscape of the majestic Southern Alps will become much shorter when American Airlines launches the only nonstop service from Los Angeles International Airport (LAX) to Christchurch, New Zealand (CHC), next October. The airline is also adding the only direct service between Dallas Fort Worth International Airport (DFW) and Auckland, New Zealand (AKL), which will increase connecting opportunities for more customers across the United States. These routes are a direct result of the recently approved joint business with Qantas, which delivers new customer benefits like enhanced codeshare opportunities and increased frequent flyer benefits for American and Qantas customers.
The gateway to the South Island
Christchurch is the largest city in the South Island of New Zealand, and as the only carrier to operate this route, American will introduce its customers to one of the world’s most unique destinations.
“The South Island sums up everything that our customers are looking for in New Zealand — adventure, culture and wildlife found no where else,” said Vasu Raja, American’s Senior Vice President of Network Strategy. “We want to make their lifelong dreams a reality and bring New Zealand’s beauty even closer as the gateway to the South Island where you can drive, hike, cruise and fly to a variety of classic New Zealand experiences.”
American will fly to CHC three times per week from October 2020 through March 2021 on a Boeing 787-8. The 787-8 features 20 Flagship Business seats and 28 Premium Economy seats, providing additional comfort for the 13-hour flight. The aircraft offers a variety of entertainment options for customers, with access to power at every seat, live television, and hundreds of movies, music, games and TV shows.
LAX to CHC creates unique one-stop connections to the South Island not previously available by any other carrier. Qantas and Jetstar will connect passengers from CHC on to Wellington and Melbourne — some of the most popular destinations in the Pacific.
A new way to New Zealand
American currently operates seasonal service from LAX to AKL and will add new service from DFW next year. Flights will be operated with American’s state-of-the-art 787-9, with 30 Flagship Business seats and 21 Premium Economy seats. New flights from DFW to AKL will enable new one-stop connections to New Zealand from more than 70 cities across the United States.
“Now, we’re able to get customers from places like Louisville, Savannah or Monterrey, Mexico, all the way to New Zealand with just one stop,” said Raja.
As American enhances its commitment to the region, seasonal LAX to AKL service will resume earlier next year — Oct. 7 — adding three weeks of service to the increasingly popular destination.
“The South Island is a must-see for any international visitor to New Zealand,” said Stephen England-Hall, Tourism New Zealand’s Chief Executive. “Thanks to the new nonstop flights from Los Angeles to Christchurch and Dallas-Fort Worth to Auckland, it’s is now easier than ever before to experience all that unique and welcoming New Zealand has to offer.”
Benefits of the Qantas Joint Business
American and Qantas recently received final approval to form a joint business, which promises significant customer benefits not possible through any other form of cooperation. The carriers have already rolled out improved frequent flyer benefits, including higher earning rates for points and status credits on each airline’s network, and have expanded codeshare routes on each other’s network. Qantas will also increase from six weekly flights between Sydney, Australia (SYD), and DFW to daily service by mid-2020. Additionally, Qantas announced new service from San Francisco International Airport (SFO) and Chicago O’Hare International Airport (ORD) to Brisbane, Australia (BNE), which will launch in February and April respectively. Qantas will have its code on American’s new flights to New Zealand, giving Qantas frequent flyers more opportunities to earn and redeem Qantas points and status credits on American. Next year, American and Qantas will provide the most service to Australia and New Zealand from the United States.
LAX–AKL flights beginning in Oct. 2020 will be available for purchase starting Nov. 9. New LAX–CHC and DFW–AKL flights will be available for purchase starting Nov. 30.
What does this mean at LAX?
American and its partners serve more destinations to Asia/Pacific from LAX.
Customers traveling through LAX can take advantage of the most premium amenities of any carrier with three Admirals Club lounges, Flagship Lounge and Flagship Dining.
The new route launches a few months after the American Airlines Plaza opens at SoFi Stadium in Inglewood, California. The 298-acre world-class sports and entertainment destination is just three miles from the airport.
What does this mean at DFW?
In addition to new routes, American continues to invest in airport construction and development to deliver a world-class customer experience.
Customers can get cozy in five Admirals Club lounges and recently opened Flagship Lounge and Flagship Dining.
American’s growing network connects customers across the globe to more than 225 destinations in 31 countries from DFW.
WICHITA, Kansas–(BUSINESS WIRE)– Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company, today announced the first deliveries of the company’s new flagship Cessna Citation Longitude super-midsize business jet, signaling the start of a new dimension in business travel. The Longitude received FAA type certification on September 21, 2019.
“The newly certified Citation Longitude brings unrivaled technology to the business travel market, for both the passenger and the pilot, offering our customers the most efficient and productive super-midsize jet now in operation,” said Ron Draper, president and CEO. “We are thrilled to now transition this program into service.”
The Longitude features the longest maintenance intervals in its class – 800 hours or 18 months – and is the most cost-effective aircraft in its category.
“The Longitude was designed around maximizing reliability and operational availability for our customers,” said Kriya Shortt, senior vice president, Global Customer Support. “The Longitude’s industry-leading on-board diagnostics system is backed by Textron Aviation’s team of 3,000 customer service employees. Our expert technicians trained alongside the development of the program and are ready to support our customers wherever they are in the world.”
The clean-sheet design of the Longitude integrates the latest technology throughout the aircraft, including the next evolution of the Garmin G5000 flight deck. The comfortable, bespoke interior of the Longitude has class-leading legroom, cabin sound levels that are nearly twice as quiet as the nearest competitor, a low cabin altitude of 5,950 feet and more standard features than all other competitors in this segment.
About the Citation Longitude With a range of 3,500 nautical miles (6,482 kilometers) and full fuel payload of 1,600 pounds (726 kilograms), the Citation Longitude is designed to elevate passenger expectations in the super-midsize class by delivering the quietest cabin, a low cabin altitude (5,950 feet/1,814 meters), more standard features and a comfortable, bespoke interior. With seating for up to 12 passengers, including an optional crew jump seat, the Longitude features a stand-up, 6-foot tall flat-floor cabin. A standard double-club configuration delivers the most legroom in the super-midsize class. Fully berthable seats are designed and manufactured in-house and a spacious walk-in baggage compartment is accessible throughout the entire flight. State-of-the-art cabin technology enables passengers to manage their environment and entertainment from any mobile device, while high-speed internet maximizes in-flight productivity.
The clean-sheet design of the Longitude integrates the latest technology throughout the aircraft, bringing customers the lowest ownership cost in its class. It features the next evolution of the Garmin G5000 flight deck and is powered by FADEC-equipped Honeywell HTF7700L turbofan engines with fully integrated autothrottles with envelope protection. The spacious cockpit incorporates easier access and an ergonomic design that fully focuses on crew comfort and efficiency.
No super-midsize business jet offers more range, greater payload or higher cruise speed at a lower expected total ownership cost.
MOSCOW, August 30, 2019 — Boeing (NYSE: BA) and Aeroflot, today during the Moscow Air Show, announced a contract to modify passenger cabins on 18 of the Russian flagship carrier’s 777-300ER’s.
“Aeroflot is widely recognized as a premium service airline. Designing a new Boeing 777 interior, we aim to enhance our premium quality at every class of service – business, comfort and economy. An updated interior will take Aeroflot to new heights,” said Andrey Chikhanchin, chief financial officer of Aeroflot.
Boeing will perform engineering work and supply component kits for the planned cabin interior reconfiguration.
“It’s a great honor that a leading Russian carrier selected Boeing solutions,” said Stan Deal, president and chief executive officer of Boeing Global Services. “Aeroflot is an experienced 777 operator and we are pleased to provide them with the expertise that will support their implementation, long-term strategic growth and development plans.”
Aeroflot is Russia’s flagship carrier and a proud member of the SkyTeam global airline alliance. Aeroflot serves 159 destinations in 54 countries. Aeroflot’s 249-strong fleet is the youngest of any airline worldwide that operates more than 100 aircraft. In 2018, Aeroflot carried 35.8 million passengers (55.7 million passengers as Aeroflot Group including subsidiaries).
Boeing is the world’s largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. As the top U.S. exporter, the company supports commercial and government customers in more than 150 countries. Boeing employs more than 150,000 people worldwide and leverages the talents of a global supplier base. Building on a legacy of aerospace leadership, Boeing continues to lead in technology and innovation, deliver for its customers and invest in its people and future growth.
Airline expands global network with flights to Casablanca, Tel Aviv and Krakow beginning next summer
FORT WORTH, Texas — American Airlines has the cure for the end-of-summer blues: new routes for next summer. Today, American unveiled its summer 2020 international schedule, which includes the following new service:
Philadelphia (PHL) to Casablanca, Morocco (CMN) begins June 4
Dallas-Fort Worth (DFW) to Tel Aviv, Israel (TLV) begins Sept. 9
Chicago (ORD) to Krakow, Poland (KRK) begins May 7
ORD to Budapest, Hungary (BUD) begins May 7
ORD to Prague, Czech Republic (PRG) begins May 8
Furthering frontiers: Africa
When American begins service to Morocco next year, it will be the airline’s first entrance into the African continent. American will be the only U.S. carrier with nonstop service to Casablanca, which will be operated three times per week on a Boeing 757.
“Our customers and team members have been asking when we’re going to start service to Africa, and I couldn’t be more pleased to make this announcement for service beginning in 2020,” said Vasu Raja, American’s Vice President of Network and Schedule Planning. “We look forward to working with Royal Air Maroc when they join oneworld® in 2020, which will allow for even more connections further into Africa to places like Marrakech, Lagos and Accra. This is only the beginning.”
Returning to Tel Aviv
As demand continues to grow between the U.S. and TLV, American is adding three weekly flights from DFW, its largest hub. These flights will serve customers throughout the U.S. and allow many customers to make only one stop, rather than the previous two stops that were available, to TLV. And as the tech industry continues to grow in the market, American will provide the most efficient routing to U.S. tech cities like Austin, Texas, and San Jose, California, in addition to one-stop service to 33 new cities in the U.S.
Expansion in Eastern Europe
American’s Midwest hub, ORD, has seen significant growth and now offers more domestic and international seats today than it has in more than a decade. Next summer, the growth continues with three new destinations in Eastern Europe, including American’s first flight to KRK and new service to PRG and BUD, which American began flying to seasonally from PHL in 2018. American will offer the most premium seats to Eastern Europe of all U.S. carriers next summer, as all of the new flights will be operated by a Boeing 787-8, featuring 20 Flagship Business seats and 28 Premium Economy seats.
“There’s strong local demand to Eastern Europe in Chicago, and it’s important that we provide more service for our customers to visit family and friends or explore a new part of the world,” said Raja. “Chicago has been a great example of trying new things with our network, like seasonal service to Athens that launched earlier this year, and when customers take advantage, it allows us the opportunity to keep growing.”
American will be the only U.S. carrier providing service to KRK, BUD and PRG from ORD.
New flights will be available for purchase Aug. 12, with the exception of TLV, which will be available for purchase Oct. 10.
The Airbus logo is pictured at Airbus headquarters in Blagnac near Toulouse, France.
BEIJING (Reuters) – Air China, China’s flagship carrier, will buy 20 A350-900 jets from Airbus SE worth $6.54 billion based on list prices, the carrier said on Thursday.
Air China, which has 10 of the fuel-efficient widebody aircraft in its fleet already, said the deliveries were scheduled from 2020 to 2022.
It was not immediately clear if the order would bolster the Airbus order book or if it had previously been attributed to an unidentified customer. Airbus did not respond immediately to requests for comment.
A fresh order would help Airbus narrow a deficit in widebody orders against Boeing as trade tensions persist between the United States and China.
Boeing won a positive total of 61 widebody orders in the first half this year against Airbus’ negative tally of 35 jets, meaning the European company had more cancellations than orders for twin aisle aircraft in the period.
Air China said it has the right to swap 5 out of 20 jets for the larger A350-1000.
(Reporting by Stella Qiu and Se Young Lee and Tim Hepher in Paris; Editing by Himani Sarkar)
