Etihad e compagnie aeree nella sua sfera d'influenza

[AlicorporateUK]

Cambio di rotta sul BOB per Air Serbia.

Air Serbia reintroduces free food, upgrades product

Air Serbia is reintroducing complementary snacks for all economy class passengers and improving its business class product just nine months after rolling out its hybrid business model which led to a notable downgrade of its on board service offering on intra-European flights. The airline's CEO, Duncan Naysmith, noted this was the first in a number of improvements the carrier will be making in the coming months. "Our product propositioning has changed a number of times over the years. Based on feedback, we will enhance the following as of November: a new business class product on board to cater for the premium traveller and we will also enhance our product offering in economy to enable more choice for our customers", Mr Naysmith said.

Earlier this year, Air Serbia introduced buy on board catering for the majority of its economy class passengers. It later rolled back aspects of the service by offering a free bottle of water following criticism from travellers. As of this month, all economy class passengers, regardless of their fare type, will also receive a bag of savoury nibbles or a gift snack. On the other hand, the airline has also said business class passengers will receive a "significantly improved service". "They will be able to enjoy an unlimited selection of drinks and an a la carte menu with cold and warm meals, depending on destination, flight duration and time of day. For guests on transatlantic flights, the service remains at a premium level, with all guests receiving their complementary meal, regardless of class of travel", the carrier noted. It also added it had improved its buy on board service with an additional eleven new products, including sweets, drinks and sandwiches.

The Serbian carrier also launched a new look website last week, which it says features a more contemporary look and clearer structure, as well as a personalised experience, easier navigation and improved functions. "Air Serbia is paying a lot of attention to its digital presence. We will continue to listen to the needs and suggestions of our guests and improve the functionality and quality of our website based on their inputs. The redesign and the accompanying improvements are just a fraction of all the planned new features, surprises and prizes being prepared by the national carrier of the Republic of Serbia for the visitors of our website", the airline said.

EX-YU

G

 

[AZ209]

Etihad Airways to retrofit A380s with extra leg-room economy class

Economy space seats will feature increased leg-room of up to 36 inches, while 777s and Dreamliners will also be modified

Etihad Airways is reconfiguring seats on its A380 double-decker economy class to provide more choice and legroom to customers. Courtesy EtihadAbu Dhabi airline Etihad Airways is retrofitting its Airbus A380 double-decker aircraft and enhancing its economy class offering, to become the first airline in the Middle East to offer a premium coach service.
By December, Etihad will refit 10 A380s with "economy space" seats, which feature an increased seat pitch of up to 36 inches, the carrier said on Monday. The reconfigured cabin increases the number of extra-legroom seats in economy class from 20 to 80 on the super-jumbo.
“In response to popularity and demand for extra legroom seats, we have reconfigured our economy cabin to enhance travellers’ experience,” said Jamal Al Awadhi, Etihad Airways’ head of guest experience.
“While many airlines have been squeezing more seats into economy class…we recognise that no two travellers are alike, and today’s customers demand more choice and personalisation during their travels.”
Airlines are increasingly looking for ways to revamp cabin space and provide a mix of seating options for passengers, both to enhance airline revenues and better serve their customers. Some 20 airlines offer premium economy seats globally according to SkyTrax, which surveys millions of travellers and ranks airlines globally. Air New Zealand's premium economy class is ranked number one globally ahead of Qantas Airways, Singapore Airlines, Lufthansa, Air France, Virgin Atlantic and Cathay Pacific among others.
In addition to modifying its A380s, Etihad will also add economy space seats to 12 Boeing 777s and 21 Dreamliners by the end of next year, increasing the total number of extra legroom seats by 560 per cent.
Families with small children, elderly travellers and those requiring wheelchair assistance, as well as others, can benefit from the extra room available through Economy Space, the airline said.

Etihad Aviation Group’s global chief executive Tony Douglas told The National in July, he wants Etihad to become the “dim sum” of aviation business over the next five years, using the digital revolution to provide greater choice to customers beyond the industry-standard economy, business and first-class model.
Later that month, the airline introduced a seat selection fee on all economy class flights, allowing passengers to pre-book seats on all economy deal, economy saver, economy classic fares and award tickets.
The new economy space “complements Etihad’s existing ancillary products to provide customers with greater opportunities to personalise their journey, including the neighbour-free seating option in economy and a range of ‘buy-on-board’ products,” the airline said.

https://www.thenational.ae/business...0s-with-extra-leg-room-economy-class-1.788211

 

[Alitalia Fan]

Il prossimo 787-9 ad essere consegnato, A6-BLV, è stato dipinto con una livrea speciale in onore della Formula 1. Il 787-10 invece opererà su JED, ICN e PEK-NGO (da gennaio).

 

[AZ209]

In India comincia a farsi largo l'ipotesi di un merger fra Jet Airways e Vistara, rivelando l'ambizione del Gruppo TATA a diventare player principale nel settore.

A Tata deal may lift cloud over Jet Air, could bring in pricing power for sector

ET Intelligence Group: Shares of Jet AirwaysNSE 6.36 % rose nearly 25 per cent to end Thursday’s trade at Rs 320.95 on the BSE, as reports indicated that the Tata Group is moving towards a definite deal to buy a majority stake in the struggling carrier.

With the Tata Group on board, a number of concerns related to Jet seem to be manageable, including over continuing operations. Also, a combination of Jet and Tata-SIAowned Vistara, with a market share close to 20 per cent, will change the dynamics in India’s airlines industry.

Jet’s operations have been in dire shape, raising doubts among analysts about its survival. It had Rs 8,411 crore of debt at the end of fiscal 2018, while a repayment of Rs 2,000 crore is coming up in the second half of FY19. Besides, smart strategies of the formidable rival, IndiGoNSE 0.40 %, have eroded Jet’s market share, which today is close to 16 per cent compared with 25 per cent in 2013.

The Tata Group has been extremely ambitious and serious about the aviation business, demonstrated by its past efforts and achievements in the industry. The often-quoted issues of corporate governance and lack of funds to support operations at Jet would be resolved as well.

For the Tata Group, with its brand equity and deep pocket, there are three key issues which need to be addressed. First, how well would it, along with cost-conscious partner Singapore Airlines, manage Jet’s debt while also implementing strict cost control measures? According to industry experts, there is scope for a huge reduction in staff and maintenance cost, where Jet pays at least 10 per cent more than InterGlobe, the operator of IndiGo. Another area for potential improvement is the number of hours an airplane is utilised per day, which in Jet’s case is about 10 per cent lower than its peers.

The second issue is over the fleet size and structure of Jet post a deal, while the next is how well the Tata Group could negotiate with vendors and other supplier entities. If the merger goes through, analysts would be keenly watching the Tata Group’s performance on these fronts.

From the industry’s standpoint, post overhauling of Jet’s operations, the creation of a combined entity of close to a 20 per cent market share would make Jet a force to reckon with among its rivals and investors. Analysts point out that IndiGo may have to relook at its strategy of weakening its rivals by adding capacity and keeping fares at price levels which others may find difficult to emulate. This strategy of artificial suppression of fares is likely to lose its relevance with Jet receiving the backing of a financially strong group. Also, consolidation may bring in pricing power in the industry and fares may rise on domestic routes.

It is believed that this possible deal, which could value Jet at not more than $2 billion or about Rs 14,500 crore — its current enterprise value is Rs 11,000 crore — could help the merged entity become a $4-5 billion company over the next three to four years, provided crude oil remains at current levels.

Jet’s stock is likely to gain a further 9-15 per cent due to the likely acquisition by the Tata Group.

“Short covering and addition of long positions were seen. If it remains above Rs 300, then the stock may potentially rise to Rs 345-Rs 350,” said Chandan Taparia, derivative analyst at Motilal Oswal.

“The next hurdle for the stock is at Rs 325-330. If it crosses that hurdle, then it could go up to Rs 365- Rs 370,” said Jay Purohit, technical and derivative analyst at Centrum Broking.

Shares of the airline have surged 59 per cent in the past one month as talks of the deal with the Tata Group gained strength.

//economictimes.indiatimes.com/articleshow/66645445.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

 

[AZ209]

In merito a Jet Airways ed ai mancati pagamenti ai piloti.

Salary dues: Jet pilots not to perform additional duties if not paid by Nov 30

Share slumps 7% after Tatas say deal only in preliminary talks

​

Pilots of cash-starved Jet Airways have warned the airline management to clear their salary dues by November 30, failing which they would not perform any additional duty. The pilots’ body of the airline, National Aviators Guild (NAG), will meet the senior management on Tuesday to discuss payment of pending salaries.
The notice could not have come at a worse time. The airline has already been forced to cancel almost a dozen of its flights due to shortage of pilots and engineers, adding to its financial woes. Any move leading to disruption of the airline schedule would have massive financial impact and could hasten its fall. Shares of Jet Airways is already in free fall and slumped 7 per cent on Monday after Tata Sons said no concrete “proposal” has been made by the group so far for acquiring the beleaguered carrier.
The stock dropped 6.88 per cent to settle at Rs 323 on BSE. During the day, it tumbled 12.57 per cent to Rs 303.25. Facing severe liquidity issues, Jet Airways has been delaying salaries of its staff besides handing out pink slips to dozens. Airline sources said that nearly 1,600 pilots along with the cash-starved carrier’s engineers and senior management officials have been paid only 50 per cent of the September salary. They are yet to receive the full salary of October.
“We are not going to perform any additional duty from the next month and will stick to the roster from December 1 if our dues are not cleared by November 30,” an NAG member said.
Jet Airways has been reporting losses since last three successive quarters and there are no signs of any improvement in the coming quarters. Besides high operating cost as a result of a rise in global crude price, the airline has been unable to price its tickets above the cost due to intense competition in the domestic market. The airline posted a loss of Rs 1,261 crore in the three months ended September.
On November 13, the struggling airline had said it was at various stages of discussions with multiple “interested parties” for capital infusion and partial stake sale in its loyalty programme Jet Privilege.
The airline is looking for investors to tide over the financial crisis, which has resulted in delayed payments to some vendors and salaries to a section of its over 16,000 employees. Tata Sons is reported to have shown interest in buying a controlling stake in the carrier, but last week it termed the talks as very preliminary. “Over the last few days, there has been growing speculation about Tata's interest in Jet Airways. We would like to clarify that any such discussions (to acquire Jet Airways) have been preliminary and no proposal has been made,” Tata Sons said in a statement.
Financial Chronicle

 

[ripps]

Etihad apre Barcellona:

Etihad Airways ha inaugurato mercoledì mattina il primo volo sulla tratta Abu Dhabi-Barcellona. I voli sulla nuova tratta saranno operati inizialmente cinque volte a settimana con un Airbus A330-200 a due classi. A partire dal 31 marzo 2019, invece, la frequenza diventerà giornaliera.
“Il lancio di questo nuovo servizio ci rende entusiasti e non poteva esserci occasione migliore per presentarlo del mese durante il quale Etihad festeggia il suo 15° anniversario – ha dichiarato Tony Douglas, Group Chief Executive Officer di Etihad Aviation –. I legami commerciali e culturali tra gli Emirati Arabi Uniti e la regione catalana sono sempre più forti ed Etihad è onorata di poter svolgere un ruolo chiave nel facilitare e supportare la crescita del commercio e la forte domanda in ambito turistico che questa regione, la Catalogna, sta registrando. Si tratta di una destinazione sorprendente, capace di soddisfare i viaggiatori più esigenti, e ora per la prima volta Abu Dhabi, la nostra straordinaria patria, è accessibile da Barcellona grazie a voli diretti effettuati regolarmente, a bordo dei quali i nostri ospiti potranno godere dell'acclamata ospitalità emiratina".
Il numero di turisti che dagli Emirati Arabi Uniti si reca in Spagna è cresciuto rapidamente, in parte anche grazie al successo dello Schengen visa waiver programme, introdotto per i cittadini emiratini nel 2015.
Barcellona è la seconda città spagnola servita da Etihad Airways, destinazione che si aggiunge al servizio giornaliero operato dalla compagnia su Madrid. Il nuovo collegamento fornirà ai viaggiatori business e leisure comodi orari per viaggiare tra Abu Dhabi e Barcellona, offrendo collegamenti senza soluzione di continuità per raggiungere, tramite Abu Dhabi, le principali città del subcontinente indiano, del Sud-Est asiatico, della Cina, del Giappone e dell'Australia.
Grazie alla partnership in codeshare tra Etihad Airways ed Air Europa, i viaggiatori della compagnia degli Emirati Arabi potranno usufruire di voli in codeshare offerti dal vettore spagnolo tra Barcellona e Madrid. Inoltre, l’accordo di codesharing con Air Europa consente a Etihad di raggiungere via Madrid altre 19 città in Europa, Sud America, Messico e Caraibi


https://www.trasporti-italia.com/co...ays-lancia-il-primo-volo-per-barcellona/36439

 

[Alitalia Fan]

Entrati in flotta A6-BLV 787-9 con F1 livery e A6-BMB secondo B787-10.

 

[AZ209]

Jet Airways in difficolta'

Jet Airways defaults on bank payments

Jet Airways defaulted on payments to a consortium of Indian banks on 31 December 2018.
In a disclosure on the Indian Stock Exchange, the cash-strapped airline says this was "due to temporary cashflow mismatch". However, it is not clear how much is outstanding.
Jet has been trying to implement liquidity initiatives, which themselves have been delayed.
They include seeking an equity infusion and a stake sale of its loyalty programme.
As of 30 September 2018, Jet had a gross debt of Rs 84.1 billion ($1.17 billion). Weak market conditions are also putting pressure on its yields and profitability.
The airline has also seen its long-term credit ratings gradually fall, with the latest ratings falling from B- to C in December last year. FG

 

[AlicorporateUK]

Etihad cancels A320neo order for Air Serbia

Etihad Airways has cancelled its order for ten Airbus A320neo aircraft which were to be delivered to equity partner Air Serbia. Deliveries were initially due to begin last November. However, Airbus' latest backlog revision has revealed that the order has been scrapped. They were set to completely replace Air Serbia's existing fleet of A319s and A320s. The Serbian carrier secured the narrow-bodies as part of a major fleet order by Etihad at the 2013 Dubai Air Show, for up to 117 Airbus aircraft. Etihad’s outstanding Airbus commitments, at the end of December, comprised of 22 A350-1000s and forty A350-900s, as well as 26 A321neos. Its first A350-1000 is currently in final assembly.

The delivery of the neos to Air Serbia was originally slated between late 2018 and 2020. A previous deposit payment made by JAT Yugoslav Airlines for eight A319s in 1998 was credited against the pre-delivery payment for the neos. Upon making the order in November 2013, Air Serbia said, "The new fleet of Airbus A320neo aircraft is a key part of our strategy to re-position the airline as best in class with the most modern and comfortable single aisle aircraft. These aircraft will offer our guests the best cabin in the sky. With these A320neo jets we will set the benchmark in both product and service excellence as we extend our network to more destinations across Europe".

In 2013, Siniša Mali, who was at the time the Adviser for Economy and Finance to the Cabinet of the Deputy Prime Minister of Serbia, and who today holds the post of Finance Minister, said the government had agreed with Etihad Airways to take the aircraft for Air Serbia. "This is good for Air Serbia and the people of Serbia, because both have benefited from economies of scale resulting from Etihad Airways' very significant order with Airbus. With the delivery of these ten new aircraft between 2018 and 2020, Air Serbia will be the first airline in the region to have a modern fleet of new Airbus aircraft. The last delivery of a new jet to Jat Airways, the former national carrier, was in 1988", Mr Mali said. He added, "Furthermore, through our partnership with Etihad Airways, a previous deposit payment made by Jat Airways, has been credited against the pre-delivery payment for these aircraft. This is a very good result for the people of Serbia". Air Serbia itself has ignored all inquiries regarding the A320neo order from various media outlets over the past several months.

The 2013 Transaction Framework Agreement between Etihad Airways, the Government of Serbia and Jat Airways, states:

"Without limitation, the GoS (Government of Serbia) undertakes to: fund, and assume all liability for, any costs and liabilities associated with the JAT 1998 purchase contract with Airbus, in relation to which Etihad shall seek to assist JAT and/or the GoS in any discussions/negotiations that JAT and/or the GoS may have with Airbus with a view to reducing JAT's exposure to such costs or liabilities. For the avoidance of doubt, if at any time while the Management Services Agreement is in force, JAT and Airbus reach an agreement to purchase aircraft under the terms and conditions of the 1998 purchase contract then theGoS shall not be liable for the purchase price for any such aircraft;"

Etihad Airways, which has been undergoing restructuring after its strategy of investing billions of dollars in other airlines failed, plans to cut fifty pilot jobs by end of this month, two sources who have seen an internal memo by the airline said. Etihad also said in the memo it made a “significant loss” last year and that this would continue into 2019.

EX-YU Aviation

 

[AZ209]

Etihad 'taglia' 50 piloti

Etihad to cut 50 pilot positions

Etihad Airways will cut 50 pilot positions by the end of January as it continues its turnaround efforts.
In a memo to employees, the airline's vice-president of flight operations Sulaiman Yaqoobi says the reduction in headcount follows a cut in capacity, and is part of the airline's plan for a "7 to 10% reduction in our operating cost across its network."
The memo notes that the airline has 2,065 pilots in its ranks, which is a surplus of around 160 due to the reduced flying by the airline.
He adds that the past year was "extremely challenging", and this is expected to continue into 2019.
"However, while we posted a significant loss at the end of last year, I want to reassure you that we are on the right trajectory and are getting closer to bridging the gap between operating costs and revenue," Yagoobi says.
Etihad reported a $1.52 billion loss for 2017, which was a 22% reduction on the previous year as it started a major transformation initiative.
That saw it cut services to Perth and Edinburgh in 2018, as it changed focus to serving point-to-point markets. FG

 

[AZ209]

Etihad offers to invest in Jet Airways at 50% discount; stock sinks 7% on news report

Jet Airways shares plunged more than 7 percent in the morning on January 16 after a media report said shareholder Etihad Airways offered to invest in the company at a price which is nearly half of January 15 closing price.

Sources told CNBC-TV18 that Etihad Group CEO Tony Douglas has written a letter to SBI Chairman on restructuring of the Indian airline.

As a part of restructuring, Etihad, which holds 24 percent stake in the Naresh Goyal-led company, said it would invest in Jet only at a price of Rs 150 apiece, which is nearly half of Tuesday's closing price of Rs 294.40.

"Current situation of Jet Airways is precarious and needs emergency funding. Jet is unable to continue funding operations beyond this week," the report said, adding there is an imminent risk of lessors grounding aircraft.

In fact, the report further said Jet would require more equity funding than mentioned in the resolution plan. But Etihad would not pledge additional shares to raise debt, it added.

Jet Airways has now gone through three consecutive quarters, incurring over Rs 1,000 crore in losses in each. Earlier reports suggest the airline's lessors and MRO (maintenance, repair, overhaul) partners are losing patience over non-payment of dues. And its lenders are now wary of a Kingfisher-like situation after Jet Airways defaulted on loan repayments in December.

Jet Airways owes over Rs 8,000 crore to SBI-led consortium and its account is currently in SMA-0 category.

According to the report, Etihad Airways now wants operation control over its Indian partner, and that can only happen once Goyal lets go.

Hence, Etihad—a critical player in the whole deal—wants exemption from SEBI on preferential pricing and open offer guidelines. the report said the company is in touch with SEBI on exemption and wants written permission from the market regulator on the same.

Douglas also wants SBI to speak to aviation ministry on exemption, the report added.

Currently, as per rule, foreign airline company cannot have more than 49 percent stake in an Indian airline company.

Sources said in a letter to SEBI, Etihad CEO further said the debt to Naresh Goyal (who holds 51 percent stake in Jet) and related parties should not be converted to equity and bankers should insist on a moratorium on debt taken from Goyal

"Goyal's role should be well defined and no board seat for Goyal himself. Goyal and family should not be allowed to act on behalf of Jet Airways," the report said, adding Etihad wants 9-member board with only two representatives from Goyal & lenders.

According to the report, Goyal and related parties stake to be restricted to 22 percent. "Etihad will not control board or management, in-line with Indian rules"

Earlier this month, sources had also said that according to resolution plan, promoter Naresh Goyal is likely to step down from the board giving up majority control and his stake in the airline may be down to 20-25 percent with voting rights capped at 10 percent after the restructuring. "His son Nivaan Goyal may replace him on the board."

Etihad won't be able to persuade HSBC and Mashreq to lend more. Hence, Indian lenders have to bring in required funding, the report said.

Etihad had invested Rs 2,069 crore in Jet Airways in 2013 for a 24 percent stake. Jet's share price is trading 60 percent lower from the Rs 750-level last seen in 2013.

At 0950 hours IST, the stock was quoting at Rs 274.40, down Rs 20, or 6.79 percent on the BSE

Moneycontrol

 

[belumosi]

Sembra che EY sia in procinto di sforbiciare pesantemente i propri ordini. La situazione non è chiarissima, perchè nel sito non ho trovato il comunicato ufficiale cui fa riferimento Ainonline. Comunque sembra che nei prossimi anni la compagnia prenderà in consegna solo 5 A351 e 6 B779. Pare che EY abbia annullato ordini per 40 A359, 2 A351 (ne resterebbero in ordine 20) e 19 B777x. Sembrano confermati i 26 A321neo, mentre l'ordine per 43 787 potrebbe essere soggetto a revisione.
A breve la situazione dovrebbe essere più chiara. Comunque siamo di fronte ad una inedita (quanto prevedibile) ecatombe.

https://www.ainonline.com/aviation-...ad-restructures-airbus-boeing-widebody-orders

https://www.flightglobal.com/news/articles/etihad-discussing-cancellation-of-42-a350s-455759/

https://www.aero.de/news-30960/Etihad-Airways-storniert-A350-Auftraege.html

 

[Alitalia Fan]

Da mail aziendale si hanno info molto simili a quelle da te postate comunque a breve uscirà un comunicato ufficiale riguardo il piano flotta. Resto dell’idea che ordinare gli A350 non ebbe alcun senso quando già il 787 può fare tutto egregiamente.

 

[FlyKing]

La situazione di Jet Airways sembra sempre più critica

Lessors doubt Jet Airways rescue plan, pull out more planes: sources

SINGAPORE/BENGALURU (Reuters) - International lessors have grounded more Jet Airways planes prior to potentially moving them out of India, as scepticism builds whether a state-led bailout of the carrier can clear their dues on time, sources familiar with the matter said.

The troubles at India's Jet, which is saddled with a billion dollars in debt, have rekindled memories of Kingfisher Airlines' collapse in 2012 that forced lessors to write off millions of dollars. Jet has defaulted on loans and has not paid pilots, leasing firms and suppliers for months.

"There's some talk that the money is going to come but lessors have heard this for too long," one leasing source said on condition of anonymity due to the sensitivity of the matter.

"We are not convinced with the restructuring plan. This is panning out just like Kingfisher. Banks took control but they never wanted to take a majority stake and run the airline."

Nine of Jet's planes have been grounded by lessors, versus the four it reported last month, with AerCap Holdings NV and BOC Aviation Ltd among those who have pulled out planes, sources told Reuters.

Cross-checks of the Jet fleet by Reuters on FlightRadar24 also show that nine of its planes have stopped flying over the last four weeks. That excludes two more that are at Singapore's Seletar Airport for, according to sources, maintenance work.

Jet, however, said on Thursday that five planes had been grounded due to non-payment of dues to lessors, as reported to regulators. The carrier added it was keeping its lessors informed about efforts to improve its financial situation.

BOC Aviation and AerCap declined to comment.

"We are waiting to see what the workout plan has in terms of us getting paid. The situation is very dicey," an executive at another lessor said. "We have to make sure our assets are protected. Indian government and speedy resolutions are not words we normally use in the same sentence."

Jet, after months of crisis-talks to plug a 85 billion rupee ($1.2 billion) funding hole, agreed a draft plan last week to sell a majority stake to a consortium led by the State Bank of India at 1 rupee, under regulations that permit banks to convert debt to equity in a defaulting firm.

The stake sale will be followed by an equity raising, debt restructuring and the sale and leaseback of jets, but the plan needs approvals from several stakeholders.

Jet shareholders will vote later on Thursday to provide general approvals for a debt-to-equity swap.

The airline has posted losses for four quarters, battered by high fuel prices and a weak currency. Its shares plunged 67 percent in 2018, wiping out $1 billion from its value and making it the second-worst performer among airline stocks globally.

BOEING OPTIMISM

Jet has a fleet of about 123 mainly Boeing planes, including 16-owned aircraft. The rest are leased from many lessors including GE Capital Aviation Services, U.S.-based BBAM and Japan's SMBC Aviation Capital, sources said, underscoring the need to get lessors on board with the bailout plan.

Jet's management team, however, was unable to provide a timeline for the receipt of approvals and funds under the bailout plan on a call with analysts last week.

But a senior Boeing executive struck a positive note, saying "once lessors see the money come into their pockets, that's when the edginess will go away".

"Right now they are only seeing all this paperwork ... it will take three months for things to settle," Dinesh Keskar, senior vice president for Asia Pacific and India sales at Boeing Commercial Airplanes, said.

Keskar said Jet's lessors were taking deliveries of new Boeing 737 MAX planes but that they had held back 4-5 of the jets in Seattle pending payment from the Indian carrier.

The Boeing executive, however, was optimistic that the situation would stabilize in the near term.

"The government is interested in making sure that another airline doesn't go away and another debacle doesn't happen in a very high-growth country," Keskar said on the sidelines of the Aero India airshow in Bengaluru.

 

[AZ209]

Altri 5 aerei Jet Airways messi a terra per default sui pagamenti del leasing. Siamo ormai ad un totale di 37 aerei messi a terra.

Another five aircraft grounded at Jet Airways over lease defaults

Cash-strapped Indian carrier Jet Airways has disclosed a further five aircraft have been grounded after defaulting on more lease payments.
It takes to 37 the number of aircraft the airline has now said have been grounded owing to defaults on lease payments, following its latest disclosure to the Mumbai stock exchange on 13 March.
The carrier has since the start of February periodically confirmed to the stock market the grounding of aircraft due to non-payment of lease fees as the carrier's liquidity problems have mounted. Most recently it on 12 March disclosed four aircraft had been grounded for the same reason.
Jet has not identified the aircraft covered by the groundings. The airline has a fleet in excess of 100 aircraft, which includes 81 Boeing 737s. The fleet also comprises Boeing 777s, Airbus A330s and ATR 72s.
Cirum's Fleets Analyzer indicates the carrier has around 70 aircraft are in active service with Jet and 50 in storage. This is likely to include a number of aircraft grounded for operational reasons, end-of-lease maintenance and some that have not yet been delivered to the carrier.
Jet reiterates it is "actively engaged with all its aircraft lessors" and regularly provides them with updates on the efforts undertaken by the company to improve its liquidity.
The embattled carrier is working through a bank-led resolution plan, which aims to cover a Rs85 billion funding gap through a series of new debt, equity, aircraft sales and a debt-for-equity swap with a consortium of banks and other lenders. FG

 

[AZ209]

Jet 777 seized at Amsterdam as investor deadline extends

Cargo handler Worldwide Flight Services (WFS) has seized a Jet AirwaysBoeing 777-300ER in Amsterdam, while a deadline for expressions of interest from new investors in the struggling carrier has been extended to 12 April.
WFS has confirmed the measure, stating that it followed an order issued in its favour by a court in Haarlem, relating to "outstanding payment" of handling fees.
"We regret having to take this course of action and apologise for any inconvenience to the airline’s customers. We hope Jet Airways will be able to resolve this matter as quickly as possible," says the handling firm.
The jet is reported as bearing registration VT-JEW, corresponding with unconfirmed publicly-available surveillance data suggesting this was the last 777-300ER that Jet operated to Amsterdam.
Cirium’s Fleets Analyzer shows that the aircraft is owned by a Delaware-based holding company, but is managed by the airline.
Jet Airways says that the return flight to Mumbai was "cancelled due to operational reasons", but did not address direct questions over the status of the aircraft.
The seizure is the latest blow to embattled Jet Airways, amid signs that a number of its lessors are losing patience with the slow-moving revival plan. SMBC Aviation Capital, Avolon, Aergo Capital, Aviation Capital Group and BBAM have lodged requests to deregister aircraft leased to Jet, as part of the process to recover their assets.
SBI Capital Markets has extended the deadline by two days for parties interested in taking control of the carrier to lodge their expressions of interest, pushing it back to 18:00 Indian time on 12 April. It had previously required expressions by 10 April. No reason for the extension was given.
Parties that qualify through the process will still have to submit binding proposals by 30 April.
SBI Capital Markets is running the process to sell a controlling stake in the airline on behalf of Jet's lenders, led by the State Bank of India. FG

 

[MalboroLi]

Jet Airways has cancelled all international flights for today and tomorrow due to scarcity of funds by the airline, sources told NDTV. Flights to Amsterdam, Paris and London have been cancelled for two days.

Ci siamo?

 

[13900]

Direi di si.

Jet Airways cancels international flights as crisis deepens

Jet Airways appears to have suspended all its international flights, raising fresh fears about the Indian airline's survival.

[..]

In a statement on Thursday, Singapore's Changi Airport said Jet Airways had "suspended its services to and from Singapore until further notice".

All Jet Airways' international flights scheduled to depart on Friday from Delhi - to Singapore, London, Amsterdam and two to Kathmandu - are cancelled, the airport website says.

And according to the official website for London's Heathrow airport, Jet Airways' Friday flights to Mumbai and Delhi will not operate.

https://www.bbc.co.uk/news/business-47905089

 

[aa/vv??]

E' stato fatto un referendum tra i dipendenti?

 

[AZ209]

Introducono il 789 su MXP levando la First

Etihad Airways Milan aircraft changes from Sep 2019

Etihad Airways from September 2019 is adjusting service on Abu Dhabi – Milan Malpensa route, reflected in this week’s schedule update. From 01SEP19, Boeing 787-9 Dreamliner aircraft will operate this route on daily basis, replacing Airbus A330-300 aircraft. First Class service will be discontinued with this aircraft change.

EY081 AUH0220 – 0650MXP 789 D
EY088 MXP1040 – 1855AUH 789 D