TOMORROWS TRANSPORTATION NEWS TODAY!
Delta Air Lines (NYSE: DAL) now 5-year-old Joint Venture with Korean Air is a significant driver of Delta’s evolution into a global brand, with robust international demand driven by experience-seeking customers.
That’s according to Delta’s Managing Director of East Sales, Scott Jordan, who recently sat down for an interview with The Korea Economic Daily, one of South Korea’s major daily newspapers.
Click the link below to read the full story!
Delta Korean Air joint venture
Delta’s summer schedule continues to be shaped by customer demand, CDC guidelines and government travel regulations. While the June schedule is significantly reduced in comparison to last year, customers will see the return of several major routes, both U.S. domestic and international, which were previously suspended due to the COVID-19 pandemic.
Customers traveling with Delta can feel confident in a safe flying experience. In addition to requiring customers and employees to wear face coverings throughout the travel journey, Delta has implemented policies like capping seating between 50 and 60 percent to ensure customer spacing on all aircraft, elevated its cleaning measures to deliver a new standard of clean, and streamlined its in-flight services to decrease touch points on board. Customers also have added flexibility if they need to change their plans.
Here’s a snapshot of where Delta is planning to fly in June. This schedule, including routes and frequency, remains subject to change due to the evolving nature of COVID-19. This page may be updated.
Ensuring connectivity for customers with critical travel needs, Delta continues to provide flights to all U.S. hubs and top markets, though frequency is significantly reduced. While Delta has temporarily consolidated operations in some markets served by multiple airports, the airline is adding more flights to its June schedule in comparison to May, primarily in Atlanta, New York and between hubs.
Caribbean
Central America
Mexico
South America
*Delta’s restart of service to Nigeria is subject to foreign government approval.
Delta’s Frankfurt and London flights also double as scheduled cargo service.
*Delta’s restart of passenger flights to China is subject to government approval. We will also operate cargo-only scheduled service from Shanghai to Atlanta and Los Angeles. Read more on our cargo flights to Asia.
Delta’s second quarter schedule is 85 percent smaller than last year, with reductions of 80 percent in U.S. domestic capacity and 90 percent internationally.
Delta will reduce its weekly flying schedule to Japan through April 30 and suspend summer seasonal service between Seattle and Osaka for 2020 in response to reduced demand due to COVID-19 (coronavirus).
The health and safety of customers and employees is Delta’s top priority. The airline maintains an ongoing relationship with the Centers for Disease Control and Prevention and the World Health Organization, the world’s foremost experts on communicable diseases, to ensure training, policies, procedures, and cabin cleaning and disinfection measures meet and exceed guidelines. The latest information about Delta’s response to COVID-19 is here: news.delta.com/coronavirus
Flight schedule changes
Beginning March 7 for U.S. departures to Japan and March 8 for Japan departures to the U.S., the airline will operate the following schedule:
| Market | Peak Frequency | Frequency March 7-April 30 |
| Tokyo-Detroit | Daily | Daily |
| Tokyo-Los Angeles | Daily | Daily |
| Tokyo-Honolulu | Daily | Daily |
| Tokyo-Seattle | Daily | Daily |
| Tokyo-Portland | Daily | 3x weekly |
| Tokyo-Atlanta | Daily | 5x weekly |
| Tokyo-Minneapolis | Daily | 5x weekly |
| Nagoya-Detroit | Daily | 3x weekly |
| Nagoya-HNL | Daily | 3x weekly |
| Osaka-Seattle | Daily | Suspended |
| Osaka-Honolulu | Daily | 3x weekly |
| Tokyo-Manila | Daily | Daily* |
*ends March 27
Delta’s planned consolidation of Tokyo flights at Haneda Airport beginning March 28 will happen as planned. Flights between Seattle, Detroit, Atlanta, Honolulu and Portland will transition from Narita to Haneda beginning March 28 for departures from the U.S. to Tokyo, and March 29 for departures from Tokyo to the U.S. Delta’s Tokyo-bound flights from Minneapolis and Los Angeles already fly into Haneda and will continue to do so.
Delta’s service between Narita and Manila will continue to operate daily until March 27, after which the flight will be suspended as part of the carrier’s previously-announced consolidation at Haneda. The airline’s new service from Incheon to Manila, previously scheduled to begin March 29, will now start on May 1.
The airline’s seasonal summer service between Seattle and Osaka will be suspended for the summer of 2020, with a planned return in summer 2021. Delta will continue to serve Osaka from Honolulu.
Full schedules will be available on delta.com beginning March 7. The airline will continue to monitor the situation closely and may make additional adjustments as the situation continues to evolve.
Jetstar group chief executive Gareth Evans says he is encouraged by the strong start to the low-cost carrier’s (LCC) new nonstop Gold Coast-Seoul Incheon service.
The inaugural flight departed Gold Coast Airport at a little past 1200 local time on Sunday, with Boeing 787-8 VH-VKF receiving an Airservices Aviation Rescue and Fire Fighting (ARFF) monitor cross prior to taking off as the JQ49 bound for Seoul Incheon.
Some nine hours and a half hours later, the 787-8 touched down at Seoul Incheon just before 2030 local time.
And after about two and a half hours on the ground, the Dreamliner took off as the reciprocal JQ50 bound for the Gold Coast.
Evans expressed confidence that the route would do well, given the stimulatory impact of low fares and South Koreans’ being among the most frequent travellers per capita of any country in the world.
Similarly, Australians were increasingly becoming aware of South Korea as a place to visit for food, history and popular culture influences such as K-Pop.
“There will be a lot of demand from Korea. But we are betting on huge increases in demand from Australians as well,” Evans told reporters at Gold Coast Airport on Sunday prior to the inaugural flight.
“The start to the route has been fantastic so we are off to a very good footing.”
Jetstar’s Gold Coast-Seoul Incheon flights have been scheduled on Wednesdays, Fridays and Sundays.
The 787-8s serving the route have 335 seats comprising 21 business class recliners in a 2-3-2 configuration with 38-inch pitch and 314 economy class seats at nine abreast with 30-inch pitch.
Currently, Asiana Airlines and Korean Air are the only two airlines with year-round nonstop flights between Australia and South Korea.
Asiana flies to Sydney, while Korean Air has nonstop flights to Brisbane and Sydney.
Meanwhile, South Korean LCC Jin Air has served Cairns with seasonal flights in recent years.
Qantas – Jetstar’s parent company – last served South Korea with its own aircraft in the mid-2000s when it flew Boeing 767-300ERs on seasonal services between Brisbane and Seoul. It also had year-round flights to Seoul in the late 1990s.
Ansett Australia also flew to Seoul in the late 1990s.
Evans said the stimulatory impact of low fares offered by Jetstar compared with those of full-service carriers Asiana and Korean Air would help grow the market.
Currently, the Australia-South Korea market was split 70 per cent South Korean travellers and 30 per cent Australian.
Looking ahead, Evans said he expected the directional flow to become more evenly balanced over time in a similar way the Australia-Japan market has evolved.
“We will grow both ends of the market but particularly we will grow the Australian end of the market,” Evans said.
“Japan sort of started about 70-30 now it is 50-50. We would imagine over time – a number of year – this market would move to a more 50-50 split.”
Further, a partnership with South Korea’s largest LCC Jeju Air, which has added its 7C airline code on the Jetstar flight as part of a hard block codeshare agreement, would also help raise awareness of the route in the South Korean market.
“The reason we are partnering with Jeju is because right now Jetstar brand has very little penetration in the Korean market so you need a strong partner to provide you with that brand strength and distribution in the market,” Evans said.
“That’s what Jeju brings.”
When Jetstar launched the route in May, it offered introductory fares of $179 one way. Since then, Evans said ticket prices for travel between the Gold Coast and Seoul Incheon have been in the $300 to $400 range.
“It’s those low fares that stimulate demand and open up markets,”Evans said.
“It has happened with us on a number of markets around Asia – Japan, Vietnam, Thailand. It will happen with Korea as well.”
Asked why Gold Coast was chosen as the city to launch flights to Seoul Incheon, Evans said that was where the demand was, noting inbound travellers from Asia loved to visit the Queensland city.
Further, Gold Coast was also able to act as a hub and gateway for the airline, offering convenient connections to other parts of Australia in both directions.
“The geography of the Gold Coast and the operation that we have got here into the Gold Coast means that we are building the Gold Coast as a hub for our Australian traffic,” Evans said.
“We are also seeing great demand from customers in Melbourne and Sydney connecting through the Gold Coast.”
Queensland Airports Ltd chief executive Chris Mills said the Jetstar flight opened up another new and exciting destination for locals on the Gold Coast, as well as new nonstop option for South Koreans travelling to Australia.
“South Koreans will have a direct link to our stunning beaches and hinterland, delivering significant benefits to our economy,” Mills said in a statement.
Queensland Tourism Minister Kate Jones noted the number of South Korean visitors to Queensland had grown by about 20 per cent to 76,000 visitors a year in the 12 months to June 2019, compared with 63,000 visitors in the prior corresponding period.
The new route was supported by the Queensland government’s attracting aviation investment fund, Queensland Airports and Destination Gold Coast.
Jones said the negotiations were completed over an 18-month period.
“Because it is taxpayers’ dollars to secure these new flights we always make sure that we believe that they meet our expectations for taxpayers,” Jones said.
“From our perspective we back flights that we know will attract and bring new tourists to Queensland.”
Written by Jordan Chong
– New Korean carrier to bolster future fleet with five additional super-efficient 787-9 Dreamliners
HONG KONG, Oct. 29, 2019 /PRNewswire/ — Boeing [NYSE: BA] and Air Premia today announced the Korean startup airline plans to buy five 787-9 Dreamliner airplanes, following an agreement to lease three 787-9 jets from Air Lease Corporation earlier this year. Air Premia, which plans to launch operations in 2020 is poised to become South Korea’s second Dreamliner operator.
The commitment, valued at $1.4 billion at list prices, will be reflected on Boeing’s Orders & Deliveries website when it is finalized.
“This is an exciting decision for Air Premia as we look to deliver a world-class experience to our customers, while also operating the most fuel efficient fleet,” said Peter Sim, CEO of Air Premia. “With the 787-9’s superior fuel efficiency and range capabilities, this investment fits perfectly with our unique business model and will position Air Premia for sustainable long-term growth.”
The 787-9 is a super-efficient widebody airplane that can fly 296 passengers in a standard configuration with a published range of 7,530 nautical miles (13,950 km). The Dreamliner model, powered by a revolutionary design and advanced engines, enables airlines to reduce fuel use and emissions by 20 to 25 percent compared to previous airplanes. The combination of unrivaled fuel efficiency and long range capabilities of the 787-9 has helped airlines save more than 40 billion pounds of fuel and open more than 235 non-stop routes.
“We are honored to welcome Air Premia as Boeing’s newest customer. As new entrants in Asia continue to launch innovative business models and strategies for growth, we are excited that Air Premia have selected the 787-9 Dreamliner to power their future fleet,” said Ihssane Mounir, senior vice president of Commercial Sales and Marketing, The Boeing Company. “The super-efficient 787-9 is a perfect fit for this new hybrid airline. The market-leading economics and capabilities of the Dreamliner will enable Air Premia to offer the best-in-class service to its customers at competitive fares.”
With its base at Seoul Incheon International Airport, Air Premia announced its plan to launch operations in September 2020. The carrier will initially operate regionally in Asia before expanding its network to Los Angeles and San Jose by 2021.
Delta introduces its first daylight trans-Atlantic flight, and airlines join forces at London’s Gatwick Airport for first time.
Delta is boosting its transatlantic schedule between London-Heathrow and its coastal hubs in Boston and New York-JFK next summer, adding 15 percent capacity compared to 2019. Alongside joint venture partner Virgin Atlantic, the two airlines will increase capacity across the Atlantic by nearly 10,000 seats per week compared to this year, offering customers unrivalled customer experience and more choice than ever before.
“Delta and its partners offer an unmatched global network that’s capable of taking Boston and New York customers to more worldwide destinations than ever before,” said Joe Esposito, Delta’s Senior Vice President – Network Planning. “Our investment at these airports and in these communities continues to deepen as we grow our flight offerings and live up to our commitment to connect the world better than any other airline.”
More flights to Heathrow
Beginning March 28, 2020, Delta will increase its JFK-Heathrow services to three daily year-round frequencies, with Virgin Atlantic operating five, maintaining a convenient eight-flights-daily schedule. The new Delta frequency will mark the airline’s first-ever daylight trans-Atlantic flight and will complement the existing daylight service offered by Virgin Atlantic.
Click the link for the full story! https://news.delta.com/delta-virgin-atlantic-boost-summer-flying-between-us-and-uk-2020
Delta has acquired a 4.3 percent equity stake in Hanjin-KAL, the largest shareholder of Korean Air. The investment demonstrates Delta’s commitment to the success of its joint venture with Korean Air and the customer benefits, market positioning and growth opportunities the partnership enables. Delta intends to increase its equity stake to 10 percent over time, after receiving regulatory approval.
“Together with the team at Korean Air, we have a vision to deliver the world’s leading trans-Pacific joint venture for our shared customers, offering the strongest network, the best service and the finest experience connecting the U.S. with Asia,” said Delta CEO Ed Bastian. “This is already one of our fastest-integrating and most successful partnerships, and experience tells us this investment will further strengthen our relationship as we continue to build on the value of the joint venture.”
Delta and Korean Air operate the industry’s most robust trans-Pacific joint venture, providing customers with seamless access to more than 290 destinations in the U.S. and over 80 destinations in Asia, including the partnership’s award-winning hub at Seoul-Incheon (ICN).
Since launching in May 2018, Delta and Korean Air have strengthened cooperation by expanding joint operations in the trans-Pacific to include more than 1,400 codeshare flights, including connections throughout Asia and the U.S. Teams at both airlines have also worked closely together to provide the best travel experience for customers between the U.S. and Asia, integrate sales and marketing activities, and enhance loyalty program benefits, such as the ability to earn more miles on both loyalty programs and redeem them on a wider range of flights. Additionally, Korean Air and Delta have launched cargo cooperation across one of the most comprehensive route networks in the trans-Pacific market.
The partnership is contributing to Delta’s first year-over-year growth in the Asia Pacific region since 2012, with new service launched earlier this year between Minneapolis/St. Paul and Seoul, as well as Seattle and Osaka, operated in partnership with Korean Air. Additionally, Korean Air has launched new service linking Boston with Seoul.
The joint venture builds on nearly two decades of close partnership between Korean Air and Delta, both founding members of the SkyTeam airline alliance.
Delta is growing its international footprint and leveraging partnerships with key airlines in regions around the world, including through joint ventures and equity investments. These investments improve alignment between Delta and its partners, creating a more stable environment for growth amid an increasingly dynamic global landscape.
PARIS, France, June 18, 2019 – Today Air Lease Corporation (NYSE: AL; “ALC”) announced the long-term lease placement with Korean Air for ten new Boeing 787-10 aircraft. Scheduled to deliver to the airline starting in 2021 through 2023 from ALC’s order book with Boeing, these ten 787-10s from ALC are the first -10 Dreamliner aircraft to be placed in Korean Air’s fleet.
“As a launch customer for the 787-10, ALC is thrilled to announce this major lease placement introducing the 787-10 to Korean Air’s fleet, a project we have worked on with Korean and Boeing for a long time. The 787-10 will bring new levels of Korean Air’s outstanding service to its passengers, and provide significant revenue benefits to Korean’s global network,” said John L. Plueger, Chief Executive Officer and President of Air Lease Corporation.
“As we continue to innovate our product offering, the 787 Dreamliner family will become the backbone of our long-haul fleet for many years to come,” said Walter Cho, Chairman of Korean Air. “In addition to 25 percent improved fuel efficiency, the stretched 787-10 offers around 15 percent more space for passengers and cargo than our 787-9s, which will be critical to our long-term business goals.”
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.
About Air Lease Corporation (NYSE: AL)
ALC is a leading aircraft leasing company based in Los Angeles, California that has airline customers throughout the world. ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions. For more information, visit ALC’s website at www.airleasecorp.com.
About Korean Air
Korean Air is both the flag carrier and the largest airline of South Korea, with global headquarters located in Gonghang Dong, Gangseo-gu, Seoul, South Korea. Korean Air’s international passenger division and related subsidiary cargo division together serve 130 cities in 45 countries, while its domestic division serves 20 destinations. It is among the top 20 airlines in the world in terms of passengers carried and is also the top-ranked international cargo airline. Incheon International Airport serves as Korean Air’s international hub.
BUDAPEST (Reuters) – Hungarian rescue officials said there was little chance of finding survivors after a boat with South Korean tourists on board sank on the Danube River in Budapest, with seven people confirmed dead and 21 missing.
The boat was cruising when it collided with a larger luxury passenger boat during a rainstorm on Wednesday evening, causing it to capsize and sink with 33 South Korean tourists and tour guides and two Hungarian crew aboard.
“I wouldn’t say there is no hope, rather that there is a minimal chance (of finding survivors),” Pal Gyorfi, a spokesman for the Hungarian national ambulance service, told the M1 state broadcaster.
“This is not just because of the water temperature, but (also) the strong currents in the river, the vapor above the water surface, as well as the clothes worn by the people who fell in,” he added.
Police said the smaller boat turned on its side and sank within seconds of the collision under a bridge near Hungary’s parliament building.
They said a criminal investigation was under way to determine the cause of the accident. Police declined to say if the bigger vessel, the 135-meter (443 ft) Viking Sigyn, put out any signals for help.
Police said its investigation yielded evidence that raised personal responsibility, so it questioned the Viking Sigyn captain, a 64-year-old Ukrainian, as a suspect, and later moved to take him into custody for reckless misconduct in waterborne traffic leading to mass casualties.
Police said it initiated the formal arrest of the captain, identified as C. Yuriy from Odessa.
Officials said the hull of the Mermaid, a 27-meter (89-ft) double-decker river cruise boat, had been found on the riverbed a few hundred meters from its usual mooring point.
A crane ship docked near the wreck on Thursday in preparation for recovery operations and divers prepared equipment. Police said the rescue efforts were hampered by high water levels, strong currents and bad visibility.
“Those who were trapped in the hull or were stuck underneath can be lifted only once the wreckage is pulled out,” a police statement said.
Hungarian Prime Minister Viktor Orban offered his condolences to Seoul. South Korean President Moon Jae-in said the authorities would work with the Hungarian government to investigate the cause of the accident.
“What’s most important is speed,” Moon said in Seoul.
Some South Korean relatives of those on board started to depart for Hungary. Several family members were seen at Incheon International Airport in Seoul on Thursday night.
South Korean rescue teams and officials including South Korean Foreign Minister Kang Kyung-wha also left for Budapest on Thursday. She will hold a news conference with Hungarian Foreign Minister Peter Szijjarto at 0730 GMT on Friday.
Reporting by Gergely Szakacs, Marton Dunai and Krisztina Than; Additional reporting by Hyonhee Shin, Joyce Lee, Do Gyun Kim and Minwoo Park in SEOUL; Editing by Jon Boyle, Ros Russell and Richard Chang
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