One frequently hears the term “fuel hedging”. May not be much in India, since airlines are not allowed to import fuel directly, and the government controlled oil marketing companies Indian Oil, Bharat Petroleum, Hindustan Petroleum, etc., do not practice hedging. Fuel Hedging is a contractual tool used by some airlines to stabilize jet fuel costs. A fuel hedge contract commits …
Read More »Devesh Agarwal
Luthansa continues buying spree, bids for Austrian
Deutsche Lufthansa AG said its supervisory board approved a plan to buy ailing Austrian Airlines AG. At the end of September reporting period, Lufthansa had cash and reserves of about €3.8 billion, with a nine-month net profit of €551 million. As the global economic turmoils squeeze the airline industry, the proposed merger highlights how the relative strong airlines are gaining …
Read More »‘Pakistan will have to pay a heavy price’
My good friend K.B. Syed, recommended this article as a counter balance to the Arvind Lavakere article. It is not my intention to turn this in to a religious or ethic debate, but rather to raise awareness, on the methods, blatant and devious, used to divide us, instead of uniting us. In this regard, my respects to Mobashar Jawed Akbar. …
Read More »Spectre of ‘white tails’ haunt Airbus and Boeing
Airlines across the globe are grounding planes, cutting capacity and delaying or even canceling orders for new aircraft as the global economic crisis hits both passenger and cargo air traffic. Add to this airline mergers like those of Delta-Northwest, Air France-KLM, Lufthansa-BMI, the proposed British Airways-Qantas, leading to industry consolidation, and in the worst cases even going out of business, …
Read More »A380 too quiet for Emirates’ pilots to sleep
While we passengers spend tons of money on noise reduction headphones, and drive cabin crews silly with our umpteen requests for earplugs, weary Emirates Airbus A380 pilots are complaining that they cannot sleep in their crew-rest area in the aft main cabin because the aircraft is too quiet!!! The pilots claim that the lack of engine noise in the A380’s …
Read More »Bangkok airports welcome first flights after siege
Declaring victory, thousands of anti-government protesters in Thailand today ended their siege of country’s two main airports allowing landing of the first international flight in eight days, bringing relief to over three hundred thousand stranded passengers including Indians. Thousands of protesters came out of the Suvarnabhumi international airport in cars and trucks ending the siege prompted by the decision of …
Read More »Two Qantas A380s at Hamburg
Hamburg is cold and snowing, but it had warm news for Australian national carrier Qantas. Two QANTAS A380s all painted up. MSN015 (F-WWSL – VH-OQB) is seen here taxiing out with MSN022 (F-WWSS – VH-OQC) in the background. Both birds should be bound for warmer temperatures in the warm summer of Australia (in the southern hemisphere) very soon. Tipping my …
Read More »Airbus gifts $6 million to Smithsonian National Air and Space Museum
The Smithsonian’s National Air and Space Museum announced today a gift of $6 million for Phase Two of the Steven F. Udvar-Hazy Center from Airbus Americas Inc. The gift is the largest corporate gift to the Smithsonian Institution in 2008. In recognition of the donation, the Imax Theater at the Udvar-Hazy Center will be named the Airbus Imax Theater. “The …
Read More »Kingfisher Airlines gets permission for operations to eight international destinations
Airline also gets nod from MoCA for international operations from Mumbai and Kolkata The Ministry of Civil Aviation (MoCA) yesterday granted Kingfisher Airlines the permission to operate to eight international destinations and gave the go ahead to commence international flights from Mumbai and Kolkata. According to a report in the Times of India today, the airline has also got a …
Read More »SAS and Air India plan agreement for seamless connectivity
Scandinavian Airlines Systems (SAS) is in talks with national carrier Air India to ink a pro-rata agreement for providing connectivity to its passengers from New Delhi to seven more domestic cities. According to a report in today’s Economic Times, SAS will also look at other areas of co-operation with Air India such as ground handling (maintenance and servicing of aircraft) …
Read More »Mallya: “We can wipe out our losses in three years”
Dr. Vijay Mallya spoke to Business Today magazine. Excerpts from that interview. The original article can be read here.———Can the ‘King of Good Times’ survive the turbulence in the current aviation downturn? In an exclusive interview that started well past midnight and continued for over two hours at his residence on Delhi’s tony Sardar Patel Marg, Mallya shed light on …
Read More »Bangkok update: most airlines prepare for Dec 5 resumption
All international airlines operating to Bangkok, are preparing to resume operations to Suvarnabhumi International Airport by December 5th. Airlines are waiting for Thai officials to certify the airports are ready for operations. Inspection of systems at Bangkok’s Suvarnabhumi international airport will begin today. Most airlines indicate they will be able to resume flights on December 5th, subject to the Thai …
Read More »Online booking of Taxi and BMTC Vayu Vajra Volvo bus
Updated information is available on the “BIA Bus & Taxi” link on the top menu bar.
Read More »Bangkok flights to resume by December 3rd and 5th
The Telegraph is reporting “the leader of a group of anti-government protesters in Thailand says the week-long siege of Bangkok’s airports will end on Wednesday morning.” The blockade of Bangkok airport will end on Wednesday (December 3) after a court in Thailand dissolved the ruling party and banned the prime minister Somchai Wongsawat from office for five years, but the …
Read More »British Airways and Qantas in merger talks
While airlines have seen one of their biggest expenses, fuel, come down in price, they are still struggling to find demand as the world’s major economies contract, and tis the season of industry consolidation. British Airways on Tuesday said it’s holding merger talks with Australian national carrier and fellow OneWorld alliance partner, Qantas Airways, in a deal that could combine …
Read More »Jet Airways relief flights to Utaphao for stranded Bankok passengers
Just received an update from Jet Airways, indicating it has mounted relief operations for transporting stranded passengers at Bangkok, due to the political unrest in Thailand and consequent closure of Bangkok’s Suvarnabhumi Airport. Since Wednesday, 26 November, 2008, Jet Airways is operating relief flights into and out of Utaphao (U TaPao IATA:UTP), a naval base airport in Thailand, from its …
Read More »Kingfisher’s loss is Arik’s gain
The plan was link the two “Silicon” hubs – Bangalore and San Francisco on this Faced with huge losses, and a diving economy, Kingfisher Airlines was forced to shelve its plans to procure the ultra long range Airbus A340-500. These aircraft were instead diverted to Nigerian carrier Arik Air. As per an Airbus press release Arik Air, based in Lagos, …
Read More »Major goof, SpiceJet lands on closed runway
This incident reported by the Times of India Kolkata takes the cake for serious goof-ups. Monday December 1, 2008 Time: 14:44 local (0914 Zulu). SpiceJet Bagdogra-Kolkata flight SG 324 is approaching Kolkata airport for landing. The pilot radios the air traffic controller on duty for clearance. The controller asks the pilot to align the aircraft to land on the secondary …
Read More »The age of zero commission and zero guarantees
The “Zero Commision” ruckus has been ratcheted up another step, by the travel agents. As per various news reports, In a move aimed at forcing airlines to revoke their decision to withdraw the five per cent commission, previously built-in to the ticket prices, and paid to the travel agents, over 2,500 travel companies, including IATA travel agents and online travel …
Read More »Boeing engineers approve contract
Boeing Co. engineers ratified a four-year contract offer, which Boeing and SPEEA had reached in a tentative agreement in mid November. Boeing engineering and technical employees represented by the Society of Professional Engineering Employees in Aerospace (SPEEA) IFPTE Local 2001 ratified four-year collective bargaining agreements covering nearly 21,000 employees in Washington, Oregon, California and Utah. SPEEA announced the result today …
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