Week in Review : 10-16 Oct

Airline business insights

Week in Review : 10-16 Oct

I have been quite busy last week with some exciting projects and did not have enough time to update this blog. And here’s a brief review about what happened in our fantastic, ever-changing industry last week.

German Court Bans Night Flights at Frankfurt

A German Court in Hessen ruled that night flights at Frankfurt Main airport be banned when the new runway opens on 21st October.

Strike Hits Qantas

A strike by three of its unions left Qantas with cancelling over 97 flights and grounding five aircraft. The situation went worse to the level that the Australian prime minister had to urge for the strike disputes to be ended.

Arik Air Orders Two 747-8is

Nigeria’s Arik ¬†Air was revealed as the customer for two Boeing 747-8i aircraft, previously listed as being from an unidentified customer in the Boeing website.

China Cuts Fuel Prices

For the second time this year, the Chinese government cut the domestic jet fuel prices in China. The new price is CNY7,503 per ton, a reduction of 2.2%. This is estimated to save almost CNY440.5 million in annual fuel costs for China Southern Airlines, which operates 80% of its total flights on domestic routes.

ARJ21 First Delivery Pushed Into 2012

The first deliver of the COMAC ARJ21 has been delayed into 2012, confirmed Chengdu Airlines, the launch operator.

PNG Dash 8 crash kills 28

A Dash 8 – Q100 operated by Airlines PNG crashed on 13th October, killing all on board.

P&W Buys Out IAE

Pratt and Whitney announced on 12th October that it has proposed to buy out Rolls Royce’s share in the JV between two manufacturers, International Aero Engines (IAE) for USD1.5 billion. RR expects to help develop IAE V2500 engines till around 2013, when P&W will be taking over the day to day operations of the company. The transaction also involves paying RR a fee per every hour flown by the current installed base of IAE V2500 engines.

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