egyptair news 30 apr 2016
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This is the most important daily news about civil aviation and airports .. Published by PUBLIC RELATIONS Of EGYPTAIR Holding Co.TRANSCRIPT
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2016ابريل 30
http://www.ainonline.com/
Airbus H225 Crashes in Norway, Killing At Least
11
An Airbus Helicopters H225 operated by CHC Helicopter Service
crashed April 29 at around noon local time off the coast of Norway,
near Turoey outside Bergen. The medium-twin helicopter was
flying from the Gullfaks B oil platform and was carrying a crew of
two, as well as 11 passengers from Statoil ASA.
Airbus Helicopters reported that 11 people have died and two are
missing. According toCHC, the aircraft's estimated time of arrival at
Flesland Airport Bergen was 12:04 p.m. and the accident took
place on approach.
Statoil has ―temporarily grounded all equivalent transport
helicopters‖ in the wake of the fatal accident. The UK's Air Accident
Investigation Branch (AAIB) has deployed a small team to assist
the Norwegian AIBN. UK oil-and-gas safety organization Step
Change in Safety said it intends to ―ensure that any learnings are
identified and applied across the sector.‖
http://www.ainonline.com/
Embraer Sees African Regional Jet Fleet
Doubling in 20 Years
Africa is set to see significant growth in its regional airliner fleet,
according to the latest market outlook published by Embraer
Commercial Aviation on April 28. According to the Brazilian airframer,
over the next 20 years, the region will take delivery of 240 new jets in
the 70- to 130-seat segment. If this turns out to be correct, it will mean,
according to Embraer’s estimates, that the African fleet in this market
segment will have more than doubled from the current total of 120
regional jets by 2034.
―Africans are turning progressively to air travel,‖ said Simon Newitt,
vice president of Embraer’s Latin America and Africa and Portugal
regions at this week’s Marrakech Air Show in Morocco. ―As in Asia,
economic expansion, a growing urban middle class, continued market
liberalization and regional integration will be the main drivers of air
transport demand. With the right-sized aircraft, such as the E-Jets
family, African carriers would be able to offer a better combination of
capacity and frequency in core as well as low to mid-density markets.‖
Meanwhile, Embraer’s study revealed that, as of the end of 2015, only
eight of Africa’s 300 airports are connected to 25 or more cities, while
240 airports linked to five or cities or fewer. According to the company,
90 percent of city pairs in Africa have traffic volumes of up to 300 daily
passengers yet the current fleet is composed of large capacity aircraft
since 70 percent of the fleet has more than 130 seats.
Since approximately 55 percent of intra-regional markets in Africa do
not have direct flights and 67 percent of all nonstop markets within the
region see less than one daily frequency, Embraer maintains regional
jets would make it economically viable for carriers to improve air
transport connections. The manufacturer claims to have more than a
40 percent share of the current African fleet of jet and turboprop aircraft
with up to 130 seats—amounting to more just over 120 aircraft in
service with operators including Royal Air Maroc, Egyptair Express,
Kenya Airways and South African Airways subsidiary Airlink.
http://www.avitrader.com/
MaltaAlitalia considering stake in Air
Alitalia is looking to acquire a substantial stake in Air Malta, and the two
airlines have signed a Memorandum of Understanding (MOU) which will
allow the Italian flag carrier to carry out comprehensive due diligence on
the Valetta-based airline. Once due diligence has been completed, the
two airline boards will convene to decide whether or not to proceed with
the share purchase.
Currently both airlines are running at a financial loss, while there have
been several rumours over the past few months that Etihad, the Dubai-
based airline, has been showing an interest in Air Malta. As Etihad also
owns a 49% share of Alitalia, this would appeal to the Maltese airline as
becoming involved with such a strategic partner would afford them the
economies of scale that are almost a prerequisite for survival in today’s
commercial airline world.
According to Alitalia SEO, Cramer Ball, ―There are strong cultural and
commercial bonds between Italy and Malta, and this MOU is a first and
important step, but we will only make a decision once we have
completed an exhaustive examination of a possible deal.
―We will need to establish unequivocally that a deal with Air Malta will not
undermine the progress of our three-year turnaround programme, or
prejudice our financial position. Until then, it’s business as usual.
―We are on track to become a profitable entity by 2017 and we need to
look and plan for the future, which is why we have decided to look
closely to see whether Air Malta can fit into our strategic growth,
particularly how our networks can complement each other in areas such
as southern Italy.‖
He also added that ―The future of the commercial aviation industry has to
be one of consolidation, and for us to prosper we must examine
opportunities where we believe we can offer a wider reach for our
customers.‖
With regard to the MOU, Malta’s minister for tourism, Zammit Lewis said
it ―is one step of the process and there is still a long way to go,‖ while
confirming that the signing of the MOU means they will withhold from
talking to any other airlines.
http://www.avitrader.com/
Embraer releases first quarter 2016 results
in the first quarter of 2016, Embraer delivered 21 commercial and
23 executive (12 light and 11 large) jets, representing an increase
of 38% in total deliveries compared to the first quarter 2015. The
Company’s firm order backlog ended the quarter at US$21.9bn,
compared to US$20.4bn at the end of the first quarter 2015 and
US$22.5bn in backlog at the end of 2015. As a result of higher
aircraft deliveries in both the Commercial Aviation and Executive
Jets segments, the first quarter 2016 revenues were
US$1,309.0m, an increase of 24% compared to the first quarter
2015. EBIT and EBITDA margins were 6.5% and 12.8%,
respectively, in the first quarter 2016 compared to 7.5% and 14.1%
the first quarter 2015), and EBIT and EBITDA for the quarter were
US$85.7m and US$167.6m, respectively (versus US$79.6m and
US$149.1m in first quarter 2015). First quarter 2016 net income
attributable to Embraer Shareholders and Earnings per basic ADS
totaled US$103.9m and US$0.5690, respectively. Adjusted net
loss, which excludes non-cash deferred income taxes and social
contribution largely related to the impact of foreign exchange
variation on non-monetary assets, was a loss of US$(1.7)m in the
first quarter 2016. Embraer ended the first quarter with a total cash
position of US$3,443.3m and total debt of US$3,663.2m, yielding a
net debt position of US$219.9m in the quarter.
https://www.flightglobal.com
IAG confident on full year after strong first
quarter
British Airways and Iberia parent IAG is expecting to increase
operating profits by a level similar to last year, despite adjusting
short-term capacity growth.
IAG says it has experienced ―some softness‖ in underlying
premium demand and revenue trends have also been affected in
the wake of the attack on Brussels airport in March.
The company achieved a first-quarter operating profit of €155
million ($177 million) before exceptional items, compared with a
€25 million profit in 2015.
This would have increased to €181 million excluding Aer Lingus,
which became part of IAG in August last year.
Chief executive Willie Walsh describes the figures as a ―good
performance‖ in the traditionally weakest quarter of the year.
Passenger unit revenues – during a period which included the
early Easter holiday as well as the Brussels events – were down
by 3.5% while non-fuel unit costs increased by 1.3%.
But IAG says underlying non-fuel unit costs have continued to
improve across its companies and it expects to reduce this figure
for the year by about 1%.
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