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Japan Airlines VP Marketing, Strategy and Research Akihide Yoguhchi discusses the airline’s strategy for resuming expansion, the company’s excitement about new service to Seattle and route evaluations for its new LCC Zipair.

CAPA Middle East & Africa Aviation Summit

Upcoming Event

29-30
Apr
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Dubai: CAPA Middle East & Africa Aviation Summit

CAPA’s MEAAS Summit attracts the highest calibre of thought-leaders in the industry. Join us as we: explore both markets growths opportunities; discuss infrastructure constraints and the airline and airport relationship; as well as emerging technologies.

CAPA Airline Leader Summit: Making Money 2019

Upcoming Event

2-3
May
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Dublin: CAPA Airline Leader Summit: Making Money 2019

CAPA’s events attract the highest calibre of thought-leaders in the industry. This summit brings together strong C-Level executive representation from all types of business models to explore exactly how to make money in today’s economic environment.

Sydney Kingsford Smith Airport reported (18-Apr-2019) the following traffic highlights for Mar-2019:

United Airlines EVP and CFO Gerald Laderman reported (17-Apr-2019) the airline expects the following results for 2Q2019 and FY2019:

  • 2Q2019:
    • Capacity: +3.5% to +4.5%;
    • CASM Ex: Flat to +1%;
    • Fuel price: USD2.13 to USD2.23;
    • Adjusted pre tax margin: +11% to +13%;
  • FY2019:
    • Capacity: +4% to +5%;
    • CASM Ex: Flat;
    • Adjusted diluted earnings per share: USD10 to USD12;
    • Adjusted CapEx: USD4.7 billion. [more - original PR]

Brazil ANAC stated (17-Apr-2019) Avianca Brazil will return eight additional aircraft to lessors in the near future, commencing 22-Apr-2019. The airline will return seven aircraft to GECAS and one aircraft to PK AirFinance. [more - original PR - Portuguese]

Flughafen Berlin Brandenburg GmbH reported (17-Apr-2019) the following traffic highlights:

  • Mar-2019:
    • Passengers: 2.9 million, +11.8% year-on-year;
      • Berlin Tegel: 2.0 million, +25.1%;
      • Berlin Schönefeld: 965,580, -8.1%;
    • Cargo: 2787 tonnes;
      • Berlin Tegel: 1708 tonnes;
      • Berlin Schönefeld: 1079 tonnes;
    • Aircraft movements: 24,253;
      • Berlin Tegel: 16,142;
      • Berlin Schönefeld: 8111;
  • Three months ended Mar-2019:
    • Passengers: 7.9 million;
      • Berlin Tegel: 5.3 million;
      • Berlin Schönefeld: 2.6 million;
    • Cargo: 7911 tonnes;
      • Berlin Tegel: 4777 tonnes;
      • Berlin Schönefeld: 3134 tonnes;
    • Aircraft movements: 68,611;

AirAsia Group announced (17-Apr-2019) its wholly owned subsidiary AirAsia Investment, Gumin Company and Hai Au Aviation amicably agreed to terminate and release each other from all obligations under the transaction agreements in relation to their proposed JV in Vietnam, effective 17-Apr-2019. AirAsia Group stated it remains interested in operating a LCC in Vietnam due to the country's favourable geographical location, expanding aviation market and overall growth potential. [more - original PR]

AirAsia Group reported (17-Apr-2019) shareholders approved the disposal of 100% equity interest in its Merah Aviation entities to AS Air Lease Holdings 5T DAC, an entity indirectly controlled by Castlelake. As previously reported by CAPA, Merah Aviation Asset Holding comprises 25 aircraft to be leased to AirAsia. AirAsia Group CEO Tony Fernandes, via his official Twitter account, commented: "Selling our aircraft monetises all our aircraft at high prices and avoids residual risk and allows us to return cash to shareholders and invest in our new digital business". [more - original PR]

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