Etihad e compagnie aeree nella sua sfera d'influenza


Mi sembrano tanti per essere riferiti solo ai partners. Nel 2014 AZ non era della partita e le perdite pro quota delle altre controllate non credo arrivino così in alto, almeno a spanne.
Tesi che sarebbe confermata dalle consegne posticipate degli aerei, problema che evidentemente riguarderebbe la mainline.

cerco ulteriori info e vi so dire
 
il miliardo di dollari di perdite si riferisce all'intera Equity (Etihad inclusa), AZ non dovrebbe essere inclusa.
 
Mi stupisce un po' la cattiva prestazione di EY. Dopo i risultati moderatamente positivi degli ultimi anni, mi sarei aspettato che il trend fosse proseguito anche nel 2014. Tanto più che sono aumentati i pax.
Nessuno stupore invece per lo scarso successo del Residence: dovevano prendere atto dalla lezione subita da SQ con le sue Suites, che hanno iniziato ad essere usate quando il prezzo è sceso ai livelli di una F.
La notizia bomba comunque sarebbe il rinvio delle consegne degli aerei.
Escludendo dal blocco il 787 (e i modelli futuri), rimarrebbero nel limbo il 321 (4 in ordine) e il 380 (8 in ordine).
Non so quante di queste macchine siano previste in consegna nel 2015.
Soprattutto se fosse confermato il blocco delle consegne del 380, per Airbus sarebbe un duro colpo.
 
Il primo trimestre 2015 non è positivo : stanno pensando di eliminare la "Residence"

A solo pochi mesi dall'introduzione e su appena 2 aerei? Se perdono 1B non credo sia quello il problema, anche perché al massimo potrebbero aggiungere un solo posto di F perché la parte "notte" è in una zona dove non credo potrebbero mettere un secondo "apartment"
 
Sembra che le consegne (escluse 787) saranno posticipate
equity partner in perdita
1 miliardo di dollari perdite scorso anno (penso riferite ai partners)
In effetti da questa production list del 380, sembra che un paio di macchine che hanno effettuato il primo volo dopo il 3° 380 di EY, siano già in servizio (3° Asiana e 61° EK).
Non solo: il 3° EY non risulta nemmeno nella fase di preparazione per la consegna, situazione nella quale è il 5° QR, che ha effettuato il primo volo quasi due mesi dopo il 3° EY.
Da notare che anche il 4° e il 5° EY hanno già fatto il primo volo, il 5° lo ha effettuato il 20 Maggio.
Quindi potremmo essere di fronte ad un rallentamento piuttosto che ad un blocco, almeno per queste tre macchine che sono già in condizione di volare.

http://www.abcdlist.nl/a380f/a380f.html

attachment.php
 
Il secondo gruppo di 'butlers' ha completato il training con qualifica per offrire servizio sulla Residence (A380).

More Etihad butlers qualify for A380 Residence service

The second group of Etihad Airways butlers has completed a training course at the Savoy Butler Academy in the United Kingdom to qualify for service on the airline's A380 superjumbos.
The course was conducted by the London School of Hospitality and Tourismat the University of West London, in conjunction with the legendary Savoy Hotel.
The Abu Dhabi-based team of 12 men and women, who have all worked as food and beverage managers on board Etihad Airways' long-haul fleet, graduated this week at a ceremony held in Abu Dhabi.
The elite group of hospitality personnel are now fully qualified to perform their duties, catering to the needs of guests staying in The Residence by Etihad, the airline's recently launched private living space on the upper deck of the airline's fleet of Airbus A380 aircraft.

Featuring a living room, private shower room and double bedroom, the revolutionary cabin boasts the innovations and exclusive features normally associated with private jets and luxury yachts.
Linda Celestino, Etihad Airways vice president guest services, said: "These highly skilled and talented professionals have successfully completed a challenging program which has provided them with all the knowledge and the tools necessary for one of the most unique roles in the airline industry.
"They are the ultimate ambassadors for the Etihad Airways brand, and will bring to reality the airline's vision of providing a totally reimagined travel experiencefor the discerning guests flying in The Residence by Etihad. We are very proud of them."
The syllabus included a series of master classes given by the Savoy's head butler, Sean Davoren, covering international protocol and etiquette, VIP guest care, valet skills and organising travel arrangements.

The first Etihad Airways A380 service was inaugurated from the UAE capital to London's Heathrow Airport in December and on May 31, the airline will deploy a new A380 on one of its two daily flights to Sydney.
One of the airline's double daily services to New York JFK will also be upgraded to the A380 on December 1.

http://www.arabianbusiness.com/more-etihad-butlers-qualify-for-a380-residence-service-594061.html

 
Sembra che le perdite siano riferite solo alle linee aeree in cui ha partecipazioni. L'utile 2014 che sarà annunciato è di 73mln
 
Fourth consecutive year of net profit

28 May 2015 10:00
Etihad Airways, the national airline of the United Arab Emirates, achieved its strongest financial results to date in 2014, posting a net profit of US$ 73 million on total revenues of US$ 7.6 billion, up 52.1 per cent and 26.7 per cent respectively over the previous year.

- Revenue soars to US$ 7.6 billion on back of record passenger and cargo volumes.
- Passenger demand and revenue growth continues to outperform capacity intake
- EBITDAR (earnings before interest, tax, depreciation, amortisation and rentals) and EBIT (earnings before interest and tax) up 16.2 per cent and 32.5 per cent respectively
- Partnership strategy delivers strong performance, with partnership revenues up 37.7 per cent to US$ 1.1 billion, representing 24 per cent of passenger revenues
- Etihad Cargo exceeds ambitious financial target to become a billion dollar company in 2014, with annual freight and mail volumes rising from 487,000 to 569,000 tonnes
Etihad Airways, the national airline of the United Arab Emirates, achieved its strongest financial results to date in 2014, posting a net profit of US$ 73 million on total revenues of US$ 7.6 billion, up 52.1 per cent and 26.7 per cent respectively over the previous year.
The record performance, which marked the airline’s fourth consecutive year of net profitability, also saw earnings before interest and tax (EBIT) up 32.5 per cent to US$ 257 million. Earnings before interest, tax, depreciation, amortisation and rentals (EBITDAR) were up 16.2 per cent to US$ 1.1 billion, representing a 15 per cent margin on total revenues.
Etihad Airways’ financial statements are audited by KPMG and are in accordance with International Financial Reporting Standards (IFRS).
James Hogan, President and Chief Executive Officer of Etihad Airways, said: “Our shareholder has set a clear commercial mandate for this business and we continue to deliver against that mandate. Our focus is on sustainable profitability and our fourth year of net profits, at a time when we continue to invest in the new routes, new aircraft, new product and new infrastructure needed to compete effectively, shows we are serious about that goal.
“Our performance in 2014 has cemented Etihad Airways’ position as a best-in-class, profitable and self-sustaining international airline. We have continued to grow, not just in size, reputation and performance, but also in maturity, evolving from an airline to a diverse global aviation and tourism group. This has been achieved through a unique strategy that combines industry-leading organic growth with wide-ranging partnerships and minority equity investments in other airlines around the world.”
Etihad Airways carried a total of 14.8 million passengers in 2014, an increase of 22.3 per cent year-on-year. Revenue Passenger Kilometres (RPKs) – measuring passenger journeys - increased by 23.6 per cent to 68.6 billion (55.5 billion), while Available Seat Kilometres (ASKs) – representing capacity - grew by 21.8 per cent to 86.6 billion (71.1 billion). The growth in passenger demand and revenue over the 12-month period continued to outstrip Etihad Airways’ capacity increase, highlighting the strength of its long-term growth strategy.
Passenger numbers were strengthened by the continued enhancement of Etihad Airways’ global network last year. The airline launched services to 10 new destinations in eight countries - Los Angeles, Dallas, San Francisco, Rome, Zurich, Medina, Yerevan, Jaipur, Phuket and Perth - and increased capacity on 23 existing routes. By the end of the year, the average network-wide seat load factor was 79.2 per cent, compared to 78.0 per cent in 2013.
A key driver of Etihad Airways’ growth in 2014 was its partnership strategy, based on wide-ranging codeshares and its unique approach of minority equity investments in strategically important airlines. This has accelerated network growth, giving Etihad Airways the largest route network of any Middle Eastern carrier, reaching more than 500 destinations. It has boosted sales and marketing opportunities in key markets, as well as allowing significant business synergies and cost savings.
This strategy delivered revenues of US$ 1.1 billion in 2014, an increase of 37.7 per cent (US$ 820 million), and represented 24 per cent of Etihad Airways’ total passenger revenues.
In 2014, Etihad Airways received final approval for its 49 per cent investment in Air Serbia. It also invested €560 million to acquire a 49 per cent shareholding in New Alitalia, a 75 per cent interest in Alitalia Loyalty, which operates the MilleMiglia frequent flier program, and the future purchase of five pairs of London Heathrow Airport slots for lease back to Alitalia. The transaction became effective on 31 December 2014, after receiving European Commission merger clearance.
Air Serbia and Alitalia are the latest additions to Etihad Airways’ equity partner network. Etihad Airways also owns minority stakes in airberlin, Air Seychelles, Aer Lingus (stake increased to 4.99 per cent in 2014), Jet Airways and Virgin Australia (stake increased to 22.9 per cent in 2014). An investment in Swiss-based Etihad Regional, operated by Darwin Airline, has now been formalised after Swiss Government approval earlier this year.
Etihad Airways launched new codeshare agreements with Air Europa, jetBlue, Philippine Airlines, GOL, SAS, Hong Kong Airlines and Aerolineas Argentinas, while Etihad Airways’ existing codeshares with South African Airways, Alitalia and Jet Airways were significantly expanded.
In addition, Etihad Airways Partners was unveiled last year, using a partnership cooperation model to offer passengers more choice through improved networks and schedules, plus enhanced frequent flyer benefits. The partnership also builds greater synergies for participating airlines, which currently include airberlin, Air Serbia, Air Seychelles, Alitalia, Etihad Airways, Etihad Regional, Jet Airways and NIKI.
A further measure of Etihad Airways’ growth was the increased membership of the Etihad Guest loyalty program. In 2014, membership numbers increased from 2.3 million to 2.9 million, up 26.1 per cent, representing an average increase of 50,000 new members each month. Etihad Guest has entered its next phase of growth after becoming a separate legal entity in 2014. This supports its development as a leading customer loyalty and marketing services organisation, and will improve member engagement and returns for the program partners.
Etihad Airways’ cargo division also delivered a standout performance in 2014, becoming a billion dollar company one year ahead of schedule. Cargo revenues were up 19.2 per cent to US$ 1.1 billion, with freight and mail volumes rising from 487,000 to 569,000 tonnes.
“Etihad Cargo has consistently outperformed the global market. Its impressive 17 per cent growth in freight tonne kilometres in 2014 is four times the industry average,” said Mr Hogan. “Today, Etihad Cargo is one of the largest cargo operators in the world. We are forecasting significant growth for 2015, driven by key initiatives to expand its capacity and scope, and to leverage equity and other partnerships.”
Etihad Airways also made important investments in its long-term business infrastructure, diversifying its activities to ensure greater control over its service standards and delivery.
In 2014, the fixed wing division of Horizon International Flight Academy was acquired from Mubadala, leading to the establishment of Etihad Flight College, which trains up to 200 cadets annually and provides a source of trained pilots to Etihad Airways. The non-engine divisions of Abu Dhabi Aircraft Technologies (ADAT) were also acquired from Mubadala and rebranded as Etihad Airways Engineering. The investment includes hangars, workshops and paint facilities in Abu Dhabi, plus specialist maintenance and engineering capabilities. These investments have enhanced Etihad Airways’ capability to undertake airframe and component maintenance on its aircraft, as well as supporting equity partners and third party customers.
Etihad Airways continued to diversify its portfolio of global funding sources and expanded its range of borrowing relationships to 75 lenders, investors and lessors. During the year, Etihad Airways secured US$ 3.5 billion of debt funding in the financial markets.
Also, Etihad Airways together with its equity partners, Alitalia, airberlin, Air Serbia, Air Seychelles and Jet Airways, are structuring a global funding platform that will enable each entity to have the appropriate funds in the near future through a comprehensive financing solution.
Etihad Airways’ fleet consisted of 110 aircraft at the end of 2014 (up 23.6 per cent year-on-year), with an average age of 5.5 years, one of the youngest in the sky. The airline took delivery of its first Airbus A380 and its first Boeing 787-9 in December, with both state-of-the-art aircraft offering new industry leading standards in cabin interiors, together with considerable fuel efficiency and environmental improvements.
An additional nine Airbus aircraft (two A330-200s, three A321s, three A320s and one A330-200F) and six Boeing aircraft (one 777-300ER, five 777-200LRs) were received in 2014, while further leased capacity was also added to enhance the airline’s rapid growth.
More than 200 aircraft are currently on firm order, together with options and purchase rights for 66 additional aircraft. In 2015, Etihad Airways plans to introduce 16 aircraft into its fleet, including nine wide-bodies (one Boeing 777-300ER, four Boeing 787 Dreamliners and four Airbus A380s) and seven narrow-body Airbus A320 family aircraft (six A321s and one A320).
Mr Hogan added: “Our ability to provide guests with the best possible service was strengthened by a number of important developments last year, including the arrival of our first Airbus A380 and Boeing 787 aircraft, the introduction of our ‘Facets of Abu Dhabi’ livery, the launch of The Residence by Etihad™ and our next-generation First, Business and Economy products, and a sophisticated new uniform, as showcased to the world last year.”
The launch of the airline’s first Airbus A380 and first Boeing 787, along with its new cabin crew uniform, received an overwhelming response from the public and led to a major increase in online brand awareness. On social media alone, the Etihad Airways brand garnered more than 145 million impressions throughout the world in a two-week period after the launch.
Other product and service developments in 2014 included the opening of premium class lounges in Sydney and Abu Dhabi, as well as Etihad Airways’ first arrivals lounge, also located in Abu Dhabi. The airline launched a major program to improve the sleep experience of guests during flight, introduced limited edition Emirati designed amenity kits in collaboration with Sougha, welcomed its 1,000th ‘flying nanny’ to provide onboard support for children, completed the installation of inflight Wi-Fi on all of its liveried aircraft, and progressed the introduction of live TV and mobile phone connectivity on wide-body jets.
One of the most important goals of Etihad Airways is to help develop a sustainable and commercially-viable biofuels industry in Abu Dhabi, in collaboration with international partners such as the Masdar Institute, Boeing, GE, Total, Takreer and others. In January 2014, the airline conducted a milestone demonstration flight with a Boeing 777-300ER aircraft, powered in part by the first UAE-produced aviation biofuel.
Mr Hogan said: “Although our growth continued strictly to plan in 2014, we are currently faced with unprecedented external challenges. Of particular concern has been the rise in aggressive protectionist sentiment in Europe and the US, where both Etihad Airways and its partner airlines are being targeted. These attempts to limit competition are detrimental to consumer choice. They threaten to damage the significant progress that our airline has made in offering improved travel connections, product and service standards, and value for money.
“Despite these hurdles, Etihad Airways will continue to grow as planned in 2015, working with our equity and codeshare partners around the world to serve the destinations that our guests want to visit and at the times they want to travel.”
Etihad Airways won more than 55 awards in 2014, including being named World’s Leading Airline for the sixth straight year at the World Travel Awards (WTA).
Etihad Airways employed 24,206 people from 144 nationalities by the end of 2014, an increase of 37.5 per cent compared to the previous year.
Emiratis remain the number one nationality group amongst total employees based in the UAE, as well as amongst employees at manager level, executive level and within Etihad Airways’ pilot community. The number of Emirati employees increased by more than 37 per cent to 2,017 by the end of 2014, following a record year for hiring UAE nationals.
Etihad Airways has received widespread praise for its UAE national development strategy, aimed at building airline specific capability for the future with more than 20 specialised programs across the business for graduate managers, including sales and airport operations managers, cadet pilots, technical engineers, and guest services and contact centre agents. The airline has announced its long-term commitment to employ an additional 6,000 Emiratis by 2020.
“Etihad Airways is one of the world’s most popular new employers of the 21st century, ranked by LinkedIn as one of the 100 most in-demand places to work. We strive to attract the top talent in the industry and it is working. We create jobs in every market in which we operate and our workforce today includes more than 140 nationalities,” said Mr Hogan. “Last year, we had 57 times more applications than we had total job openings‎, which included 1,700 crew positions and approximately 500 pilot openings.”

2014 Peformance Summary of Etihad Airways

*The above results represent the standalone airline business within the newly formed Etihad Aviation Group. 2013 key indicators and financial performance has been adjusted to reflect a like for like comparison.

[TABLE="width: 622"]
[TR]
[TH]KEY INDICATORS[/TH]
[TH]2014[/TH]
[TH]2013*[/TH]
[TH]VARIANCE[/TH]
[/TR]
[TR]
[TD]Total revenue (US$ billion)[/TD]
[TD]7.6[/TD]
[TD]6.0[/TD]
[TD]26.7%[/TD]
[/TR]
[TR]
[TD]Net profit (US$ million)[/TD]
[TD]73[/TD]
[TD]48[/TD]
[TD]52.1%[/TD]
[/TR]
[TR]
[TD]EBIT (US$ million)[/TD]
[TD]257[/TD]
[TD]194[/TD]
[TD]32.5%[/TD]
[/TR]
[TR]
[TD]EBITDAR (US$ million)[/TD]
[TD]1,139[/TD]
[TD]980[/TD]
[TD]16.2%[/TD]
[/TR]
[TR]
[TD]Total passengers (million)[/TD]
[TD]14.8[/TD]
[TD]12.1[/TD]
[TD]22.3%[/TD]
[/TR]
[TR]
[TD]Revenue passenger kilometres (billion)[/TD]
[TD]68.6[/TD]
[TD]55.5[/TD]
[TD]23.6%[/TD]
[/TR]
[TR]
[TD]Available seat kilometres (billion)[/TD]
[TD]86.6[/TD]
[TD]71.1[/TD]
[TD]21.8%[/TD]
[/TR]
[TR]
[TD]Seat factor[/TD]
[TD]79.2%[/TD]
[TD]78.0%[/TD]
[TD]1.2 percentage points[/TD]
[/TR]
[TR]
[TD]Number of aircraft[/TD]
[TD]110[/TD]
[TD]89[/TD]
[TD]21[/TD]
[/TR]
[TR]
[TD]Codeshare partners[/TD]
[TD]49[/TD]
[TD]47[/TD]
[TD]2[/TD]
[/TR]
[TR]
[TD]Partner revenue (US$ million)[/TD]
[TD]1,129[/TD]
[TD]820[/TD]
[TD]37.7%[/TD]
[/TR]
[TR]
[TD]Cargo revenue (US$ million)[/TD]
[TD]1,106[/TD]
[TD]928[/TD]
[TD]19.2%[/TD]
[/TR]
[TR]
[TD]Cargo tonnage (tonnes ‘000)[/TD]
[TD]569[/TD]
[TD]487[/TD]
[TD]16.8%[/TD]
[/TR]
[TR]
[TD]Number of employees[/TD]
[TD]24,206[/TD]
[TD]17,603[/TD]
[TD]37.5%[/TD]
[/TR]
[/TABLE]

http://www.etihad.com/en-gb/about-u...-posts-fourth-consecutive-year-of-net-profit/
 
Considerata la situazione politico-economica ottimale nella quale può operare, mi sembra un risultato appena discreto: un netto pari allo 0.96% del fatturato non è certo un risultato da record.
Sarebbe interessante conoscere le motivazioni che hanno portato a un così forte aumento del personale in un solo anno: da 17.206 unità del 2013, si è passati alle 24.206 dell'anno scorso.
Allargando il discorso al resto del gruppo, per arrivare al miliardo di perdite complessive bisogna supporre che le perdite nelle controllate (AZ esclusa) siano state devastanti.
 
Considerata la situazione politico-economica ottimale nella quale può operare, mi sembra un risultato appena discreto: un netto pari allo 0.96% del fatturato non è certo un risultato da record.
Sarebbe interessante conoscere le motivazioni che hanno portato a un così forte aumento del personale in un solo anno: da 17.206 unità del 2013, si è passati alle 24.206 dell'anno scorso.
Allargando il discorso al resto del gruppo, per arrivare al miliardo di perdite complessive bisogna supporre che le perdite nelle controllate (AZ esclusa) siano state devastanti.
A naso (perché bisognerebbe entrare nei numeri veri) a livello di gruppo le perdite delle collegate (che almeno per le europee non sono consolidate e non sono consolidabili) vengono compensate dai maggiori ricavi generati in capo alla capogruppo (circa 1 miliardo). In altre parole gestiscono senza consolidare il bilancio come se lo fosse, spostando gli utili dove non hanno tassazione - ovvero la capogruppo. Il giochino funziona bene finché non devi mettere mano al portafoglio per ricapitalizzare, perché le regole europee sostanzialmente impediscono di mettere altri soldi.
 
A naso (perché bisognerebbe entrare nei numeri veri) a livello di gruppo le perdite delle collegate (che almeno per le europee non sono consolidate e non sono consolidabili) vengono compensate dai maggiori ricavi generati in capo alla capogruppo (circa 1 miliardo). In altre parole gestiscono senza consolidare il bilancio come se lo fosse, spostando gli utili dove non hanno tassazione - ovvero la capogruppo. Il giochino funziona bene finché non devi mettere mano al portafoglio per ricapitalizzare, perché le regole europee sostanzialmente impediscono di mettere altri soldi.
Non saprei, anche perchè al momento le controllate non mi sembrano avere problemi di tipo fiscale.
Concordo sul fatto che un "giochino" del genere si può fare poche volte senza svenare le compagnie partecipate. O forse ad Abu Dhabi scommettono sul fatto che qualora fosse necessario ricapitalizzare, anche i soci europei obtorto collo farebbero la loro parte.
Rimango convinto che la collezione di compagnie in crisi inanellata da EY, sia motivata più da esigenze politiche che operative.
 
In effetti da questa production list del 380, sembra che un paio di macchine che hanno effettuato il primo volo dopo il 3° 380 di EY, siano già in servizio (3° Asiana e 61° EK).
Non solo: il 3° EY non risulta nemmeno nella fase di preparazione per la consegna, situazione nella quale è il 5° QR, che ha effettuato il primo volo quasi due mesi dopo il 3° EY.
Da notare che anche il 4° e il 5° EY hanno già fatto il primo volo, il 5° lo ha effettuato il 20 Maggio.
Quindi potremmo essere di fronte ad un rallentamento piuttosto che ad un blocco, almeno per queste tre macchine che sono già in condizione di volare.

http://www.abcdlist.nl/a380f/a380f.html

attachment.php
Come non detto, 3° A380 EY consegnato ieri.
 
04JUN2015


Darwin Airline (F7, Lugano) says it has completed the sale of a 33.3% stake in its shareholding to Etihad Airways (EY, Abu Dhabi Int'l) by way of a share capital increase. The announcement comes roughly two months after the Swiss Federal Office of Civil Aviation (FOCA) approved the deal, albeit following almost a year of intense scrutiny of the extent to which the Emiratis would have control in the airline's running.

“We are pleased to confirm that Etihad Airways is now the shareholder of 33.3% of Darwin Airline," James Hogan, Etihad Airways’ President & Chief Executive Officer, said. "This investment is important for aviation in Switzerland as it promotes competition and provides additional choice for tourist and business travellers."

Reports state Etihad amended several aspects of its agreement with the Swiss carrier including scrapping a monitoring agreement over the airline’s quality and safety, while relinquishing a role in the appointment of Darwin top management.
Ch-Aviation