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Tag: buenos aires

Air New Zealand Signs Government Deal to Provide World Cargo

The International Airfreight Capacity agreement with the Ministry of Transport will allow exporters and importers the ability to access key markets in a world where available air freight capacity is reduced due to the COVID-19 pandemic.

Air New Zealand General Manager Cargo Rick Nelson says cargo customers will be able to access capacity across Air New Zealand’s traditional network, with a handful of exceptions.

“The new agreement means Air New Zealand can publish scheduled cargo services into key markets which will allow freight forwarders, exporters and importers to plan and operate their logistics supply chains with certainty.

“We are working to offer connectivity to and from the United Kingdom and Europe, as well as Houston and Chicago via Los Angeles and San Francisco, Hong Kong and Narita gateways.

“This agreement will add significant value to New Zealand’s air cargo community, and we encourage the New Zealand forwarding, export and import communities to get behind these cargo options. Naturally, we hope the need to operate under an agreement of this nature will be a short-term business model and in time we’ll be able to revert to our traditional model as demand for passenger travel begins to pick up.”

Ports the airline will not operate cargo flights to under the agreement are London and Buenos Aires. Singapore is also not included in the initial phase.

Norwegian Air To Possibly Sell Its Airbus Aircraft

By Ole Petter Skonnord

OSLO (Reuters) – Norwegian Air (NWC.OL) expects to announce further aircraft sales by the end of the year including used Boeing 737s as well as some of the new Airbus planes it has on order to reduce it debt commitments.

Norwegian Air has committed to acquire 210 new aircraft from Boeing and Airbus by 2020.

“We have 90 neos (A320neo) from Airbus on order. The Airbus 320neos are for all practical purposes for sale. We have started a process where we will try to find a new home for those aircraft,” Chief Financial Officer Geir Karlsen told an investor presentation on Tuesday.

“The problem is not to sell them … but to get the price we want … Hopefully by the end of the year we should be able to disclose news on a transaction,” Karlsen said.

By the end of the year, Karlsen estimated Norwegian Air’s fleet of more than 150 planes to rise to 164-165. Taken into account planned aircraft sales, he said he expected a net increase in the fleet of 30-40 new Boeing 737 MAX aircraft by 2022-2023.

Of its Airbus aircraft on order, 33 of them are Airbus 321LR(long range) neos, which could be kept, depending on traffic development in Argentina.

“We are pretty excited about what we are doing in Argentina and depending on how that goes we will decide on the solution on the Airbus 321 and will possibly move some of them to Argentina,” Karlsen said.

ARGENTINA LAUNCH

He said Norwegian Air started to sell tickets in Argentina on Tuesday on two routes linking Buenos Aires with Cordoba and Mendoza.

The first flight is planned in mid-October and the plan is to have 4 aircraft in Argentina by year-end.

“We will look at ticket sales before we decide what to do,” Karlsen said.

Last week Norwegian Air announced the sale of six used aircraft and said as many as 140 planes could be sold over time as a part of the renewal of its fleet and to help reduce debt.

Karlsen said sales of used aircraft would continue.

Such sales would “probably to be sold plus/minus book value as it looks now. Hopefully a little bit above,” Karlsen said.

(Reporting by Ole Petter Skonnord; editing by Jason Neely)

Image from www.norwegian.com

American Airlines Adding Service to Mexico and South America

FROM GLOBE NEWSWIRE – American Airlines has a rich and robust history serving Mexico, the Caribbean and Latin America, and American is continuing to grow its presence in the region with the addition of four new destinations. Next winter, customers looking for history, culture and warm climate will have access to three new cities in South America: Georgetown, Guyana (GEO); Pereira, Colombia (PEI) and Cordoba, Argentina (COR); and one new city in Mexico: Oaxaca (OAX).

American is also introducing service to Buenos Aires, Argentina (EZE), from its West Coast hub at Los Angeles International Airport (LAX), making American the first and only airline to offer nonstop service between these two major cities. 

“We’re creating a world-class customer experience and as the largest U.S. carrier in Mexico and South America, we are committed to offering more choices with the best schedules for our customers in the region,” said Vasu Raja, vice president, Network and Schedule Planning. “As we look to strengthen our network, we’re excited to add more nonstop flights to places like Buenos Aires, maximizing connections across our network.”

The new routes will be available for sale starting in April.

New Routes:

      Route     Aircraft     On Sale     Flights Begin
  LAX-EZE   Boeing 787-9   April 2   Dec. 19
  DFW-OAX   Embraer E175   April 2   Dec. 19
  MIA-GEO   Airbus A319   April 2   Dec. 20
  MIA-PEI   Airbus A319   April 17   Dec. 20
  MIA-COR   Boeing 767-300   May 7   Apr. 2, 2019
  All routes are subject to government approval.
               

American also recently announced new service between its hub at Philadelphia International Airport (PHL) and Mexico City (MEX) beginning July 5, which will enhance trans-Atlantic connectivity from Mexico. By expanding its footprint in MCLA with these new routes, American will offer up to 270 flights per day to the region.

About American Airlines Group
American Airlines and American Eagle offer an average of nearly 6,700 flights per day to nearly 350 destinations in more than 50 countries. American has hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. American is a founding member of the oneworld alliance, whose members and members-elect serve nearly 1,000 destinations with 14,250 daily flights to 150 countries. Shares of American Airlines Group Inc. trade on Nasdaq under the ticker symbol AAL. In 2015, its stock joined the S&P 500 index.