Tag: COVID-19 (Page 1 of 17)

Singapore Airlines Extends PPS Club And KrisFlyer Elite Statuses For Third Year

January 17, 2022 / WIL BALDWIN

Singapore Airlines (SES: C6L.SI) is extending PPS Club and KrisFlyer Elite statuses, rolling over Elite miles, pausing the expiration of miles in 2022, and introducing new program benefits that further rewards its loyal members.

All PPS Club and KrisFlyer Elite statuses that are due to expire between March 2022 and February 2023 will be automatically extended for another year. This supports our members, who have been unable to fly as before due to the Covid-19 pandemic, and follows a similar extension in 2020 and 2021.

Elite miles earned by KrisFlyer Elite members, in the 12 months prior to the latest extension, will be credited back into their accounts after the extension. Elite miles earned during the previous membership qualification cycle will also count towards their requalification in the March 2023 to February 2024 cycle.

KrisFlyer miles that expire in 2022 will be automatically extended by six months at a time, at the end of each month.

Rewards earned from the PPS Rewards and KrisFlyer Milestone Rewards that are due to expire in 2022 will be extended to 31 December 2022. This offers members greater flexibility in utilising the rewards earned from flying with SIA.

From February 2022, KrisFlyer members also enjoy additional benefits when they fly on Scoot.

PPS Club and KrisFlyer Elite tier members can enjoy priority boarding, complimentary standard seat selection, an additional 5kg check-in baggage allowance with any baggage purchase, as well as 25% more KrisFlyer miles for every mile earned when travelling on Scoot flights.

In addition, KrisFlyer members can earn 2.5 Elite miles for every KrisFlyer mile earned from flying on Scoot, up from 1 Elite mile for every KrisFlyer mile. This enables members to upgrade to higher KrisFlyer membership tiers at a faster rate.

SIA has also launched two new KrisFlyer Milestone Rewards, which can be enjoyed by members who have earned 1,000 and 2,500 Elite miles.

QANTAS and Jetstar Airlines Adjust Third Quarter Flight Capacity Settings

January 16, 2022 / WIL BALDWIN

Qantas and Jetstar are adjusting flying levels to better match travel demand in light of the sudden growth in COVID-19 cases. The Qantas Group now expects domestic capacity for the third quarter of FY22 to be at around 70 per cent of pre-COVID levels, down from the 102 per cent that had been planned. The schedule changes are focused on reducing frequency of services and size of aircraft to minimise inconvenience for passengers as much as possible.

The Group’s total international capacity for the same period will fall from 30 per cent to around 20 per cent of pre-COVID levels. This reduction is driven by increased travel restrictions in countries like Japan, Thailand and Indonesia and is mostly impacting Jetstar’s leisure routes. Other markets – such as London, Los Angeles, Vancouver, Johannesburg and India – continue to perform well.

Customers will be contacted directly from late January if their booking is impacted by cancellations and offered alternative flights that in most cases are likely to be a difference of a few hours if travelling domestically.

Qantas and Jetstar continue to have 100 per cent of their available Australian-based crew stood up, which has helped to minimise the resourcing impacts of some needing to self-isolate during the summer peak. This 100 per cent crewing level will be maintained despite the capacity reductions announced today, giving both airlines a significant buffer to manage ongoing isolation requirements and resulting in a more reliable schedule for passengers.

An assessment on the financial impact of these changes will be given at the Group’s half year results in late February, by which time a clearer picture will have emerged on swing factors such as actual demand levels; potential loosening or tightening of travel restrictions in countries overseas; and consumer response to the reopening of Western Australia next month. No material adjustments have been made to capacity expectations for Q4 FY22.

To give customers more confidence when they book international and domestic flights, Qantas has extended Fly Flex, which enables customers to change their travel dates as often as they need, fee-free (a fare difference may apply).

ITA Airways Firms Up Order for 28 Airbus Aircraft

December 1, 2021 / WIL BALDWIN

Toulouse, France, 1st December 2021 – ITA Airways, Italy’s new national carrier, has firmed up an order with Airbus (OTC: EADSY) for 28 aircraft, including seven A220’s, 11 A320neo’s, and 10 A330neo’s, the latest version of the most popular A330 widebody airliner. The order confirms the Memorandum of Understanding announced on 30th September 2021. In addition, the airline will pursue its plans to lease A350s to complement its fleet modernization.

These new Airbus aircraft will expand the initial ITA Airways fleet with a new generation aircraft with better environmental performance, equipped with latest technologies and state-of-the-art cabins to guarantee maximum operational efficiencies for the airline and the best comfort to travelers.

The A220 is the only aircraft purpose-built for the 100-150 seat market and brings together state-of-the-art aerodynamics, advanced materials and Pratt & Whitney’s latest-generation geared turbofan engines. With a range of up to 3,450 nm (6,390 km), the A220 gives airlines added operational flexibility. The A220 delivers up to 25% lower fuel burn and CO2 emissions per seat compared to previous generation aircraft, and 50% lower NOx emissions than industry standards. In addition, the aircraft noise footprint is reduced by 50% compared to previous generation aircraft – making the A220 a good neighbour around airports.

The Airbus A330neo is a true new-generation aircraft, building on features popular for the A330 Family and developed for the latest technology A350. Equipped with a compelling Airspace cabin, the A330neo offers a unique passenger experience with the latest-generation in-flight entertainment systems and connectivity. Powered by the latest Rolls-Royce Trent 7000 engines, and featuring a new wing with increased span and A350-inspired winglets, the A330neo also provides an unprecedented level of efficiency – with 25% lower fuel-burn per seat than previous-generation competitors. Thanks to its tailored mid-sized capacity and its excellent range versatility, the A330neo is considered the ideal aircraft to support operators in their post-COVID-19 recovery.

First Qantas A380 to Land Back in Australia Today

November 9, 2021 / WIL BALDWIN

A familiar and hard-to-miss sight will return to Australian skies today with one of the Qantas (OTC: QABSY) iconic A380 aircraft set off to land back in Sydney, 593 days after it departed Australian shores.

Hudson Fysh, named after one of Qantas’ founders, is expected to touch down at Sydney Airport around 3.00pm more than 19 hours after it departed Dresden, Germany. The aircraft recently underwent scheduled maintenance for a new landing gear, after spending the best part of two years in storage during the COVID-19 pandemic.

Its early return comes as the airline gears up for the first two of the superjumbos to return to service in April 2022, following strong demand for international travel, particularly on key routes to Los Angeles and London.

Qantas has taken close to half a million domestic bookings in the past two weeks, compared with around 20,000 in a two-week period in August.

Jetstar’s recent international sale saw 75,000 seats sold in 72 hours.

Demand for seats on Qantas’ London to Sydney service has been extremely strong, with Aussies reuniting with family and friends in time for Christmas and more flights added as a result.

Originally expected to remain in long term storage in the Californian desert until the end of 2023, Qantas has since announced that five A380s with upgraded cabins would return ahead of schedule with two to operate flights to Los Angeles from April 2022 and three to operate flights to London from November 2022.

The airline is now working to further accelerate the return of the A380s, with superjumbo flights to London brought forward to July 2022. In addition, a sixth aircraft will arrive before the end of calendar year 2022, with the remaining four A380s expected to return to service by early 2024.

Hudson Fysh will undergo additional maintenance checks in Australia before taking to the skies again in coming weeks as part of crew training.

Vietjet Selects Rolls-Royce TotalCare to Support Trent 700 Powered A330 Aircraft

November 9, 2021 / WIL BALDWIN

Vietnamese airline Vietjet Aviation will operate Rolls-Royce (OTC: RYCEY) Trent 700 engine-powered Airbus A330 aircraft in its fleet. As part of the airline’s strategic fleet decision, these will be the first widebody aircraft to join its operations as it expands its network into long-haul operations. The selection is supported by a TotalCare long-term aftermarket engine maintenance agreement. The first aircraft is expected to enter into service in November 2021.

The Trent 700 is the only engine specifically designed for the A330 and is widely recognised for its outstanding efficiency and reliability. Since its launch in 1995, the Trent 700 has dominated the A330 fleet with more than 60 per cent market share and has logged more than 60 million hours in service to date.

Vietjet, which is Vietnam’s largest airline in terms of the total number of passengers transported domestically and the country’s second largest airline in terms of fleet size, currently has a fleet of 90 narrow-body aircraft. The airline’s ability to stay agile and financially resilient in 2020 has allowed Vietjet to navigate successfully through the market headwinds due to Covid-19 pandemic.

Supporting Vietjet’s business ambitions with the addition of its fleet for long-haul widebody operations, the Trent 700 delivers the best balance of attributes to achieve the maximum capability and efficiency on the A330. With a wide fuselage, well-established technology and sound economics, the airline aims to invest in additional A330 widebody aircraft in the next few years as part of its strategic fleet expansion plan.

JetBlue Announces New Tentative Agreement on Negotiations with TWU

November 8, 2021 / WIL BALDWIN

NEW YORK, N.Y. (BUSINESS WIRE) – JetBlue (NASDAQ: JBLU) today announced it has reached a new tentative agreement with the Transport Workers Union (TWU) for JetBlue’s inflight crew members.

“We’re pleased to share that the JetBlue and TWU negotiating committees have reached a new tentative agreement,” said Ed Baklor, head of customer care and programs, JetBlue. “Our inflight crewmembers have been on the frontline supporting and protecting JetBlue’s operation and our customers through the COVID-19 pandemic, and I am proud of the TWU and JetBlue teams for recognizing our environment and coming to the table with solutions. We look forward to bringing this contract to a vote with our inflight crewmembers.”

AirAsia Celebrates Travel Resumption to Phuket with Inaugural Flight

November 6, 2021 / WIL BALDWIN

AirAsia celebrates its maiden flight from Kuala Lumpur to Phuket today under the Phuket Sandbox programme, signaling the resumption of international air travel to Thailand. The inaugural service utilising an Airbus A320 aircraft departed Kuala Lumpur International Airport 2 (klia2) at 1115 hrs today. Excited guests boarded flight AK0824, the first of two scheduled weekly flights from Kuala Lumpur.

Riad Asmat, AirAsia Malaysia CEO said, “Today marks the beginning of our renewed hope on the strong return of demand for air travel. We patiently waited and have extensively prepared to ensure all of our guests are accommodated safely, seamlessly and with peace of mind. As border restrictions are lifted, AirAsia guests are always assured of the stringent health and safety protocols enforced on all of our flights with our highly trained and fully vaccinated crew continuing to deliver the world’s best service during the pandemic.”

“We would also like to thank and congratulate the Thai government for initiating the Phuket Sandbox programme, and we look forward to mounting more flights to various destinations in Thailand soon.”

Fully vaccinated travellers from Malaysia who wish to travel under the Phuket Sandbox Program must meet the requirements set by the Thai Government and successfully receive the Certificate of Entry by applying on Thailand’s Certificate of Entry Registration System prior to purchasing their flights.

Guests can book their flights to Phuket from just RM50 one way and travel between 5 November 2021 and 30 March 2022 through the ‘Flights’ icon on the airasia Super App now. Apart from that, they can secure great value flights+hotel deals through the ‘SNAP’ icon on the Super App starting from just RM239 for travel within the same period. Those who prefer to book their hotels separately may check the ‘Hotels’ icon in the app and book hotels in Phuket provided by SHA Plus and can get an extra 10% off with the promo code AAHOTEL10.

AirAsia has spent the period of downtime in travel over the past 18 months to further improve and revamp its flight procedures and processes. In the highest interest of safety and wellbeing of all its guests and employees, only fully-vaccinated employees will operate flights and be on-duty at airport terminals. Furthermore, AirAsia assures the highest safety standards are in place as part of its robust Covid-19 mitigation plan including by accepting only fully-vaccinated guests onboard, making it mandatory to check-in via the airasia Super App, and rolled out FACES facial recognition boarding system that will make the entire journey fully digital and contactless.

Despite mostly not flying for a good part of the past 18 months, all AirAsia’s aircraft are properly maintained according to procedures set by the manufacturer. AirAsia has set up an in-house maintenance, repair and operations (MRO) unit called Asia Digital Engineering that provides services not only to AirAsia but also other airlines. Likewise, all its pilots and cabin crew are regularly trained for mandatory refresher courses and ongoing retraining so that they are always on top of their job.

For more information on AirAsia’s safety measures and travel SOPs, please read the latest travel advisory here.
Stay up to date witheverything e-commerce from the airasia super app by following @airasiasuperapp on Instagram and Facebook for the latest updates on airasia super app’s e-commerce offerings!

All Rex Airlines Frontline Staff Now Vaccinated

November 1, 2021 / WIL BALDWIN

Rex today announced all frontline staff on duty have now been fully vaccinated against COVID- 19, the first airline in Australia to reach this milestone. The several hundred vaccinated staff include pilots, flight attendants, customer service officers at airports and all other workers across the Rex domestic and regional networks who may need to interact with passengers face-to-face.

Company-wide, 93 percent of all Rex staff have either been double vaccinated or received their first dose.

Rex reopens its domestic network on November 15 with the resumption of flights from Melbourne to Sydney and Canberra. Melbourne – Adelaide flights restart on November 26, while flights to the Gold Coast from Sydney and Melbourne begin on December 17.

The airline’s unique Refund Guarantee Policy also protects the financial health of passengers from any COVID-related disruptions.

Rex is Australia’s largest independent regional and domestic airline operating a fleet of 60 Saab 340 and six Boeing 737-800NG aircraft to 61 destinations throughout all states in Australia. In addition to the airline Rex, the Rex Group comprises wholly owned subsidiaries Pel-Air Aviation (air freight, aeromedical and charter operator) and the two pilot academies, Australian Airline Pilot Academy in Wagga Wagga and Ballarat.

Airbus Reports Third Quarter 2021 Results

October 28, 2021 / WIL BALDWIN

Amsterdam, 28 October 2021 – Airbus SE (Paris stock exchange symbol: AIR) reported consolidated financial results for the nine months ended 30 September 2021.

“The nine-month results reflect a strong performance across the company as well as our efforts on cost containment and competitiveness. As the global recovery continues, we are closely monitoring potential risks to our industry. We are focused on securing the A320 Family ramp up and striving to ensure the right industrial and supply chain capabilities are in place,” said Airbus Chief Executive Officer Guillaume Faury. “Based on our nine-month performance, we have updated our 2021 earnings and cash guidance. We are strengthening the balance sheet to secure investment for our long-term ambitions.

Gross commercial aircraft orders totalled 270 (9m 2020: 370 aircraft) with net orders of 133 aircraft after cancellations (9m 2020: 300 aircraft). The order backlog was 6,894 commercial aircraft on 30 September 2021. Airbus Helicopters booked 185 net orders (9m 2020: 143 units), including 10 helicopters of the Super Puma Family. Airbus Defence and Space’s order intake by value was € 10.1 billion (9m 2020: € 8.2 billion) with third quarter orders including 56 C295 aircraft for India, two A400Ms for Kazakhstan and support and spares contract renewals for the German and Spanish Eurofighter fleets.

Consolidated revenues increased 17 percent to € 35.2 billion (9m 2020: € 30.2 billion), mainly reflecting the higher number of commercial aircraft deliveries compared to 9m 2020. A total of 424 commercial aircraft were delivered (9m 2020: 341 aircraft), comprising 34 A220s, 341 A320 Family, 11 A330s(1), 36 A350s and 2 A380s. Revenues generated by Airbus’ commercial aircraft activities increased 21 percent, largely reflecting the delivery performance compared to 2020 which was strongly impacted by COVID-19. Airbus Helicopters delivered 194 units (9m 2020: 169 units) with revenues up 14 percent reflecting growth in services as well as the higher deliveries, notably more helicopters from the Super Puma family. Revenues at Airbus Defence and Space were broadly stable year-on-year with four A400M military airlifters delivered in 9m 2021.

Consolidated EBIT Adjusted – an alternative performance measure and key indicator capturing the underlying business margin by excluding material charges or profits caused by movements in provisions related to programmes, restructuring or foreign exchange impacts as well as capital gains/losses from the disposal and acquisition of businesses – was € 3,369 million (9m 2020: € -125 million).

The EBIT Adjusted related to Airbus’ commercial aircraft activities totalled € 2,739 million (9m 2020: € -641 million), mainly driven by the operational performance linked to deliveries and efforts on cost containment and competitiveness.

The A220 production rate, which is currently at 5 aircraft a month, is expected to increase to around rate 6 per month in early 2022, with a monthly production rate of 14 envisaged by the middle of the decade. On the A320 Family programme, the Company is working to secure the ramp up and is on trajectory to achieve a monthly rate of 65 aircraft by summer 2023. The recent commercial successes of the A330 programme enable a monthly rate increase from around 2 to almost 3 aircraft at the end of 2022. The A350 programme is expected to increase from around 5 to around 6 aircraft a month in early 2023.

Airbus Helicopters’ EBIT Adjusted increased to € 314 million (9m 2020: € 238 million), driven by services, programme execution and lower spending on Research & Development (R&D).

EBIT Adjusted at Airbus Defence and Space increased to € 284 million (9m 2020: € 266 million), mainly reflecting the Division’s efforts on cost containment and competitiveness.

Consolidated self-financed R&D expenses totalled € 1,919 million (9m 2020: € 2,032 million).

Consolidated EBIT (reported) amounted to € 3,437 million (9m 2020: € -2,185 million), including net Adjustments of € +68 million.

These Adjustments comprised:

€ +190 million related to the A380 programme, of which € +45 million were booked in Q3;
€ -165 million related to the dollar pre-delivery payment mismatch and balance sheet revaluation, of which € +5 million were in Q3;
€ +43 million of other Adjustments, including compliance costs, of which € -6 million were in Q3.

The financial result was € -172 million (9m 2020: € -712 million). It mainly reflects the net interest result of € -233 million partly offset by € +63 million related to the revaluation of the Dassault Aviation equity stake. Consolidated net income(2) was € 2,635 million (9m 2020 net loss: € -2,686 million) with consolidated reported earnings per share of € 3.36 (9m 2020 loss per share: € -3.43).

Consolidated free cash flow before M&A and customer financing was € 2,260 million (9m 2020: € -11,798 million), reflecting efforts on cash containment and also included a positive phasing impact from working capital. Consolidated free cash flow was € 2,308 million (9m 2020: € -12,276 million).

On 30 September 2021, the gross cash position stood at € 21.7 billion (year-end 2020: € 21.4 billion) with a consolidated net cash position of € 6.7 billion (year-end 2020: € 4.3 billion). The Company’s liquidity position remains strong, standing at € 27.7 billion at the end of September 2021. Given the increase in the net cash position and the robust liquidity, a decision was taken not to renew the undrawn € 6.2 billion Supplemental Liquidity Line which matured in September. In the meantime, the maturity of the € 6 billion Revolving Syndicated Credit Facility has been extended by a year.

Outlook

As the basis for its 2021 guidance, the Company assumes no further disruptions to the world economy, air traffic, the Company’s internal operations, and its ability to deliver products and services.

The Company’s 2021 guidance is before M&A.

On that basis, the Company has updated its 2021 guidance and now targets to achieve in 2021 around:

600 commercial aircraft deliveries;
EBIT Adjusted of € 4.5 billion;
Free Cash Flow before M&A and Customer Financing of € 2.5 billion.

Airlink Confirms Selection of Rolls-Royce TotalCare for Engine Servicing

September 10, 2021 / WIL BALDWIN

Rolls-Royce Holdings (OTC: RYCEY) and Airlink have signed a TotalCare ^® service agreement for the AE3007 engines that power the South African airline’s fleet of Embraer ERJ135 aircraft. The agreement, which covers 28 aircraft, is an extension of service for a further 10 years, continuing the airline’s drive to maximise aircraft availability.

In 2019, prior to the Covid-19 pandemic, Airlink carried more than 2 million customers on more than 63,000 flights. Airlink currently operates a reduced route network to more than 45 destinations in 12 African countries, whilst remaining agile to the effects of Covid-19 and associated travel restrictions. Airlink was proudly the most punctual South African airline for 2020; its year-to-date performance up to August 2021 has been 98.1% on-time.

TotalCare is the flagship integrated engine service cover provided by Rolls-Royce. It is designed for predictive maintenance planning, as well as off-wing repair and overhaul activities for operators of Rolls-Royce aero engines. TotalCare transfers both time-on-wing and maintenance cost risks back to Rolls-Royce, as well as offering advanced engine health monitoring and future product enhancements.

Aircraft covered by TotalCare achieve higher availability, increased long-term residual values, and benefit from the global Rolls-Royce Care Network; a large, capable and competitive engine service network that caters for the needs of engines at every point in their lifecycle.

Archives