LE BOURGET, France, June 19 (Reuters) – Wizz Air will use 20 new extended-range, narrow body Airbus jets primarily to connect existing destinations in its disparate network rather than to fly to new places, the budget airline’s Chief Executive Jozsef Varadi said on Wednesday.
Indigo Partners, the private equity firm of veteran low-cost airline investor Bill Franke, agreed on Wednesday to acquire 50 of the new long-range version of Airbus’ A321neo jet, 20 of which will go to Wizz.
Wizz, which operates a fleet of 113 Airbus A320 and Airbus A321, would not need to change its operating model to accommodate the new A321XLR jets, Varadi said, as it would be able to fly essentially the same planes a little longer.
“Our network spans from the Canary Islands to Astana in Kazakhstan, from Reyjavik in Iceland to Dubai,” Varadi told Reuters after the announcement at the Paris Airshow.
“The XLR gives use the opportunity to connect more dots in our existing network. This is what we’re looking at.”
Airbus opened the Paris Airshow with the launch of the A321XLR, but the announcement was overshadowed on Tuesday when Boeing said British Airways-owner IAG intended to order 200 of its grounded 737 MAX jets.
Hungary-based Wizz, which is focussed on central and eastern Europe, said it had used existing option positions to secure the deal for the A321XLRs, bringing the airline’s total of outstanding firm orders for Airbus aircraft to 276 jets.
Varadi said that in the longer term, it was possible the jet would help open routes to new destinations, but it was not a priority.
“We have always been excited about planting new flags in new territories,” Varadi said. “But the vast majority of the XLR capacity will come in existing markets.”
(Reporting by Alistair Smout; Editing by Mark Potter)
This image taken from a video distributed by Russian Investigative Committee on Sunday, May 5, 2019, shows the Sukhoi SSJ100 aircraft of Aeroflot Airlines on fire, at Sheremetyevo airport, outside Moscow, Russia. At least 40 people died when an Aeroflot airliner burst into flames while making an emergency landing at Moscow’s Sheremetyevo airport, officials said early Monday. (The Investigative Committee of the Russian Federation via AP)
FRANKFURT, Germany (AP) — The Aeroflot-operated SSJ100 passenger jet that caught fire during an emergency landing in Moscow is part of Russia’s efforts to maintain a presence in civil aviation in a market dominated by companies like Boeing, Airbus and Embraer.
Here’s a quick look at the SSJ100 and the Russian company that built it, the Sukhoi Civil Aircraft Company:
THE PLANE
The
SSJ100, or Superjet 100, is a short- to medium-haul narrow body jet
with two engines that can be configured to carry up to 103 people.
At
that size, it’s intended to substitute for larger planes such as the
Boeing 737 or Airbus 321 on shorter, less travelled routes and during
slower travel seasons. Regional aircraft are an important part of
Russia’s transportation system, given the country’s enormous distances
and many remote towns. The Superjet succeeds older, Soviet-built planes
such as the Tu-134 airliner.
The plane is built at the Sukhoi Civil Aircraft Company’s plant in Komsomolsk-on-Amur in Russia’s distant Far East region. Although the design is Russian, the company says it uses the latest Western technology as well. The engines are made by PowerJet, a joint venture between France’s Safran Aircraft Engines and Russia’s Saturn.
The Sukhoi Superjet 100 aircraft of Airflot Airlines, center, is seen after an emergency landing in Sheremetyevo airport in Moscow, Russia, Sunday, May 5, 2019. (Moscow News Agency photo via AP)
The
plane first flew in 2008 and entered commercial service in 2011. It is
certified by the European Union Safety Agency but is mainly used in
Russia and has not made much headway against international competitors,
not just from Boeing and Airbus but also from Brazil’s Embraer.
Aeroflot
is the biggest client with 50 of the planes. Mexico’s Interjet said
Sunday it operated five of the planes “under the highest safety
standards.”
Interjet
earlier operated 22 Superjets but referred in a recent earnings report
to the “gradual phase out of the fleet of SSJ100.” The company reported
lost sales after the planes were grounded due to a defect in the tail
section in December 2016 and said it was seeking “contractual recovery
of amounts related to maintenance costs” for the planes.
Ireland’s CityJet, which supplies planes and crews to other airlines, stopped operating several Superjets in January.
People gather around the damaged Sukhoi SSJ100 aircraft of Aeroflot Airlines at Sheremetyevo airport, outside Moscow, Russia, Monday, May 6, 2019. Russia’s main investigative body says both flight recorders have been recovered from the plane that caught fire while making an emergency landing at Moscow’s Sheremetyevo Airport, killing at least 40 people on Sunday. (AP Photo/Pavel Golovkin)
THE COMPANY
The
Sukhoi Civil Aircraft Company bears the name of the legendary Soviet
aircraft designer, Pavel Sukhoi, who was responsible for a series of
Soviet military aircraft starting before World War II.
Today’s
firm is part of Russia’s United Aircraft Company, which consolidated
many of the legendary names of Soviet aviation such as MiG, Sukhoi,
Tupolev and Yak. UAC was established by a decree from President Vladimir
Putin in 2006 to promote the Russian aircraft industry, which is seen
as essential for the security and defense of the country. Much of its
production goes to the military, while the SSJ100 is the key project
aimed at maintaining a Russian presence in civil aviation.
TROUBLES
On
May 9, 2012, a demonstration flight hit Mount Salak in Indonesia,
killing all 45 on board, after the pilot disregarded six alarms from the
terrain warning system on the apparent assumption there was a problem
with the terrain database, according to the report from Indonesia’s air
safety regulator. The plane had unintentionally left a circling pattern
after the crew was distracted by a prolonged conversation not related to
flying the plane.
And a Superjet skidded off the runway at Iceland’s Keflavik airport in 2013 with landing gear up during flight certification tests involving landing on one engine; one crew member suffered minor injuries.
In this photo taken on Tuesday, April 30, 2019, the Sukhoi SSJ-100 aircraft of Aeroflot Airlines that made an emergency landing on Sunday, May 5, 2019 in Moscow’s Sheremetyevo airport, takes off from the Siberian city of Tyumen, Russia. Russia’s flagship airline Aeroflot says the plane that caught fire at Moscow’s Sheremetyevo Airport, killing at least one person, had been forced to turn back after taking off for the city of Murmansk because of technical reasons. (AP Photo/Marina Lystseva)
FILE PHOTO: Travelers check-in at a JetBlue Airways kiosk at John F. Kennedy Airport in the Queens borough of New York, U.S., January 24, 2017. REUTERS/Shannon Stapleton
(Reuters)
– JetBlue Airways Corp hopes to break into the low-fare, transatlantic
travel market beginning in 2021 with multiple daily flights from New
York and Boston to London, its first European destination, the carrier
said on Wednesday.
To
service the routes, the sixth largest U.S. carrier will convert 13
Airbus A321LR aircraft from its existing order book with a fresh version
of its Mint business product.
The
idea is to offer customers a fresh choice on routes where JetBlue
President Joanna Geraghty said current competitor fares “are enough to
make you blush.”
New
York-based JetBlue, which unveiled the long-awaited launch at an
employee event at John F. Kennedy International Airport, said it is
still evaluating which London airports it will serve.
The
company, which has built a reputation in the United States for more
coach legroom than competitors and free broadband internet, has argued
for regulators to force slot divestitures at high-traffic airports like
London’s Heathrow to create a level playing field for new entrants.
A
handful of Europe-based budget carriers have tried to penetrate the
transatlantic market in recent years, but only cash-strapped Norwegian
Air is still standing.
Iceland’s
WOW, PrimeraAir Nordic, Britain’s Flybmi and Monarch Airlines and
Cypriot carrier Cobalt have all ceased operations in a sector grappling
with over-capacity and high fuel costs.
JetBlue said it will raise the bar on what travellers can expect from a low-cost carrier, particularly in Europe.
The
carrier has argued in the past that its version of business class,
Mint, has driven a 50 percent decline in premium fares on some competing
U.S. routes, a reduction it believes it can also deliver for premium
travel between the United States and Europe.
“JetBlue’s
Mint product suits the Atlantic market as they will likely come in with
stimulative fares to drive customer awareness and loyalty,” Cowen
analyst Helane Becker said in a recent note to clients.
The
main issue will be whether JetBlue is able to gain access at major
international airports, she said, like London Heathrow and Amsterdam
Schiphol.
(Reporting by Tracy Rucinski, editing by G Crosse)
Reykjavik, Airbus Helicopters is
supporting the Icelandic Coast Guard (ICG) with the entry into service
of two Airbus H225 heavy search and rescue (SAR) helicopters as the
first step in a renewal of the agency’s helicopter fleet.
The aircraft are replacing two of the ICG’s three existing Airbus
AS332L1 Super Pumas, the first of which entered service in 1995. They
are being leased from Norwegian helicopter lessor Knut Axel Ugland
Holding AS and will both be in service by the end of April 2019. The ICG
plans to purchase permanent replacements for all three aircraft in its
fleet by 2022.
Airbus Helicopters is providing pilot and technician training on key
features of the H225 and ongoing maintenance and support under an HCare
Smart Parts By the Hour contract.
The 11-tonne category, twin-engine H225 is the latest member of
Airbus Helicopters’ Super Puma family with more powerful engines
providing a smoother ride and enhanced performance compared to the
AS332L1.
Equipped with state-of-the-art electronic instruments and a 4-axis
autopilot system, the H225 offers outstanding endurance and fast cruise
speed, and can be fitted with a wide range of SAR equipment. Operated by
two pilots, it can be configured with up to 18 seats or six stretchers.
The H225 and military H225M are benchmarks in SAR and combat SAR and are operated by 20 nations worldwide.
Commander S.G. Sindri Steingrimsson, Director Flight Operations at
the ICG said: “The experience with our current fleet of Super Pumas has
been excellent through the years. Overall they have done a fantastic job
for us here at the Icelandic Coast Guard, in some of the most
challenging conditions for aircraft SAR operations in the world. We
fully expect that the new Super Pumas will add great value to the safety
and security of our operations, increasing capability and reliability
while at the same time modernising our technological standards to meet
current needs.”
The attached photo shows one of the new leased aircraft.
About Airbus Airbus is a global leader in aeronautics, space and related services. In 2018 it generated revenues of € 64 billion and employed a workforce of around 134,000. Airbus offers the most comprehensive range of passenger airliners. Airbus is also a European leader providing tanker, combat, transport and mission aircraft, as well as one of the world’s leading space companies. In helicopters, Airbus provides the most efficient civil and military rotorcraft solutions worldwide.
(Reuters) – Air Canada said on Tuesday it would delay the launch of certain seasonal flights this spring, as the carrier wrestles with the challenge of servicing routes previously flown by its grounded Boeing 737 MAX aircraft.
Canada’s largest carrier said it would put off the launch of at least five seasonal routes, including delaying its Vancouver to Boston service to June 16 from June 1.
Montreal-based Air Canada said a previously-announced halting of flights from two Eastern Canadian cities to London’s Heathrow airport would now remain suspended until May 31.
Air Canada, which previously suspended its 2019 financial forecasts, has removed 24 MAX jets from its flight schedule until July 1, following grounding of the Boeing jets after two recent crashes involving the model.
The global grounding, following the crash of an Ethiopian Airlines flight in March, has left U.S. and Canadian airlines with the logistical challenge of replacing the popular roughly 175-seat MAX on certain routes, at a time of rising passenger demand.
The Canadian carrier has been flying alternative planes or consolidating flights into larger jets that were previous flown more frequently on smaller aircraft.
Air Canada has also said it is speeding up the integration of four Airbus A321 aircraft it acquired in late December from Iceland’s cash-strapped WOW air.
Air Canada is “accommodating as best as they can,” said AltaCorp analyst Chris Murray. “At the same time, there is still some uncertainty about when the MAX grounding notice is going to be lifted.”
On Monday, Boeing said it planned to submit a proposed software enhancement package for the grounded 737 MAX in “the coming weeks” after the company had previously said it planned to deliver the fix for government approval by last week.
Anglo-German tour operator TUI said last week that its profit would fall by at least 200 million euros ($223.96 million) this year due to the cost of substituting for the MAX planes, along with loss of business and lower fuel efficiency from the replacement aircraft.
(Reporting by Sanjana Shivdas in Bengaluru; Editing by Shinjini Ganguli and Bill Berkrot)
FILE
PHOTO: Bikes by a bike rental service of Icelandic airline WOW air are
seen in Reykjavik, Iceland, August 5, 2017. REUTERS/Michaela Rehle/File
Photo
(Reuters)
– Iceland’s WOW air became the latest budget airline casualty on
Thursday, halting operations and cancelling all future flights after
efforts to raise more funds failed.
WOW,
which focussed on low-cost travel across the Atlantic, advised stranded
travellers to seek flights with other airlines. It flew a total of 3.5
million passengers last year.
“This
is probably the hardest thing I have ever done but the reality is that
we have run out of time and have unfortunately not been able to secure
the funding of the company,” WOW CEO and founder Skuli Mogensen wrote in
a letter to the company’s 1,000 employees.
“I will never be able to forgive myself for not taking action sooner,” he added.
WOW
had earlier postponed flights on Thursday as it entered what it had
hoped were the final stages of an equity raising with a group of
investors.
“My
flight from Boston has been cancelled. Having a hard time getting
through to anyone on the phone. Can you help me at all?” Twitter user
Marc Solari wrote.
WOW replied with an apology and offer of further assistance.
WOW
is the latest budget airline to collapse as the European airline sector
grapples with over-capacity and high fuel costs. Recent failures
include Britain’s Flybmi, Nordic budget airline Primera Air and Cypriot
counterpart Cobalt.
“RESCUE FARES”
Other
airlines including, Icelandair, Easyjet and Norwegian stepped in
offering discounted ‘rescue fares’ to stranded passengers, according to
the Icelandic Transport Authority
WOW has been pursuing different avenues to raise money over the past few months.
It
ended talks with rival Icelandair last Sunday while veteran low-cost
airline investor Bill Franke also had cancelled a proposed investment
through private equity fund Indigo Partners.
Icelandair shares traded up 13 percent percent at 1215 GMT after the failure of a competitor.
Founded
in 2011 by entrepreneur Mogensen, WOW used smaller single-aisle planes
to fly between Iceland and many destinations in the United States and
Europe.
Its
website had advertised flights from London to cities such as New York
and Boston for as little as 150 pounds, although the journey went via
the Icelandic capital Reykjavik.
Norwegian
Air has a little over half of the market share in the fast-growing,
low-cost, long-haul transatlantic market, while WOW controlled a quarter
in 2018.
There are fears of a knock-on effect on Iceland’s important tourism industry.
Around
30 percent of tourists visiting Iceland last year flew with WOW and the
collapse could trigger a 16 percent drop in tourists this year,
research from Icelandic bank Arion showed.
( By Stine Jacobsen and Tommy Lund; editing by Darren Schuettler/Keith Weir)
Barcelona, Spain – December 06, 2018: WOW Air Airbus A321 approaching to El Prat Airport in Barcelona, Spain.
Icelandair has released the following statement regarding the mutual decision to cancel Icelandair’s takeover of Wow Air:
| Source: Icelandair Group hf.
The acquisition of Icelandair Group of Wow air, based on a purchase agreement signed on November 5th, has been cancelled. Both parties agree on this outcome.
Icelandair Group hf. issued a stock exchange release last Monday, November 26th, stating that the company estimated that it would be unlikely that all of the conditions in the share purchase agreement would be fulfilled by the shareholders’ meeting on November 30th. That situation remains unchanged. Therefore, it is unlikely that the Board of Directors of Icelandair Group can recommend to the shareholders that they agree to the purchase agreement. Furthermore, the Board does not intend to submit to the shareholders’ meeting a proposal to postpone decision-making on the purchase agreement.
Due to this this situation, both parties agree to abandon the aforementioned purchase agreement. Icelandair Group will hold its shareholders’ meeting on Friday, November 30, as previously announced. An authorisation proposal for the Board to increase the share capital of Icelandair Group is on the agenda of the shareholders’ meeting.
Bogi Nils Bogason, Interim President & CEO of Icelandair Group: “The planned acquisition of Icelandair Group of Wow air will not go through. The Board of Directors and management of both companies have worked on this project in earnest. This conclusion is certainly disappointing. We want to thank WOW air‘s management for a good cooperation in the project during recent weeks . All our best wishes go out to the owners and staff of the Wow air. “
Skúli Mogensen, CEO and Founder of Wow air: “It was clear at the outset that it was an ambitious task to complete all the conditions of the share purchase agreement in this short period. We thank the Icelandair Group’s management team for this challenging project, and also wish the management and staff of Icelandair Group all the best.”
Following the news of the cancelled deal, it has been reported that budget airline roup Indigo Partners has agreed to buy a stake in the struggling discount carrier.
Click the link below for the full Indigo Partners-Wow Air story!
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Over the last few years, Boeing has developed a groundbreaking new aircraft that combines less fuel use, less noise and a revolutionary redesign of the passenger space. The result is a flight like you’ve never known before.
We are proud to be among the very first airlines to take the aircraft of the future into use. Over the coming years, we’ll receive a total of 16 Boeing 737 MAX planes and we look forward to sharing the new way of flying with our passengers.
