Private Jets Charter News

ANA to establish superiority now JAL is caught short; international and low cost operations the way

All Nippon Airways is Japan’s the quiet achiever. Privately owned and mostly profitable, ANA has always been overshadowed by its more conspicuous competitor and flag carrier, Japan Airlines. A quarter of a century ago, while it was the largest airline in the world measured in passengers uplifted,...

TAM reportedly planning to purchase stake in LAN; US Airways CEO calls for consolidation

The majority of North and South American carriers’ stocks were down on Friday (29-Jan-2010), moving with the wider market. The Dow (-0.5%) ended trading down, despite early gains on stronger than expected economic growth in the US in 4Q2009, growing at its fastest pace in over six years.

Royal Jordanian Airlines only carrier to gain; Air Arabia down; Jazeera Airways flat

Royal Jordanian (+2.0%) was the only Middle East/African carrier tracked by CAPA to gain on Friday (+2.0%), despite the Amman Stock Exchange closing in negative territory for the second consecutive week, down 0.9%.

British Airways expected to post 3Q2009-10 loss; Aeroflot reports declining passenger traffic

European carriers’ stocks were mixed on Friday (29-Jan-2010), despite gains in the European markets on data the US economy grew at a 5.7% pace in 4Q2009, a better than expected result, and the fastest climb in over six years. Also boosting the markets, banking shares recovered slightly, on better...

Kuwait National Airways up despite wider market slip; Jazeera up; Kenya Airways flat

Kuwait National Airways (+1.9%) made the greatest gains of the region's airlines on Monday (01-Jan-2010), resisting a 0.2% slip on the Kuwait Stock Exchange Index.

EC assessing American Airline antitrust immunity; US Airways and Continental gain

North and South American carriers’ stocks surged on Monday (01-Feb-2010), pushed by gains in the wider market. The Dow (+1.2%) ended trading higher on improved energy stocks, thanks to better than expected results from Exxon Mobil, while materials stocks were also on the rise, due to a lift in metals...

NextGen gets USD2.1 billion in Obama budget

President Barack Obama introduced his transportation budget yesterday, calling for a USD285 million increase in NextGen funding to USD1.1 billion. In addition, a USD1 billion NextGen capital programme is included in the budget. In more good news, the budget dropped last year’s plans to raise user...

British Airways and Iberia merger seeming more likely to analysts; Ryanair and SAS up

European airline shares were up on Monday (01-Feb-2010) due to Ryanair’s better than expected third quarter financial results and an analyst upgrade on a number of carriers. Banking and insurance stocks, and gains on Wall Street, also pushed markets higher.

Airbus ups list prices – Suppliers Share Wrap

Airbus has increased list prices for its aircraft by 5.8% from Jan-2010, citing US dollar weakness and higher cost of materials and commodities.

Beijing International Airport Company issuing cooperate bonds today

Shares in Beijing International Airport Company dipped 1.6% yesterday, as the company announced plans to issue domestic corporate bonds today (02-Feb-2010).

Asia traffic eclipses North America: CAPA celebrates 20 years with 20% off and FREE iPad

IATA yesterday revealed that intra-Asia Pacific travel eclipsed North America as the world’s largest aviation market in 2009. Asia Pacific passenger numbers rose to 647 million; this compares with 638 million within North America last year. This massive global turning point happily coincides with...

Prospects for Asia Pacific carriers “improving fasters” than other regions: IATA

The International Air Transport Association (IATA) yesterday stated intra-Asia Pacific travel had eclipsed North America as the world’s largest aviation market in 2009, for the first time. Asia Pacific travelers numbered 647 million, compared to 638 million within North America (including domestic...

Ryanair raises full year forecast as 3Q losses narrow; Tiger Airways pax growth of 54% in 4Q2009

Ryanair’s shares gained 7.2% after Europe’s largest LCC raised its earnings forecast, as a smaller than expected yield fall (a 12% reduction, rather than the up to 20% reduction previously guided) helped narrow the carrier’s third quarter loss to EUR11 million (compared with EUR119 million in...

JAL takes neutral stance on alliance issue. New Chairman: carrier to be rebuilt “swiftly”

Kazuo Inamori, Japan Airlines’ (JAL) new Chairman, completed his first day in the job yesterday, pledging to carry out the rehabilitation plan “swiftly and steadfastly”. While Inamori admitted he is a “total outsider” to the airline industry”, he promised to “use my expertise in corporate...

1time up with wider market; Royal Jordanian continues fall; Air Arabia flat

Middle East and African airline shares were mixed again on Tuesday (02-Feb-2009). In the Middle East, Royal Jordanian's (-4.6%) shares continued to fall, pushed lower by a 1.2% drop in the Amman Stock Exchange.

UPS forecasts improved earnings in 2010; Alaska and Continental report improved load factors

North and South American carriers’ stocks rallied on Tuesday (02-Feb-2010), pushed higher by Continental’s narrower than expected loss in unit revenue for Jan-2010. The AMEX Airline Index (+3.2%) ended trading up.

Continental Airlines’ yields and traffic levels improve, but long and slow road to recovery

Continental reported an encouraging set of traffic results for January, with the smallest yield contraction in over 12 months, record load factors and improved traffic results.

Aeroflot to be merged with other Russian carriers; Austrian and Vueling drop

European markets climbed for a third consecutive day, following gains in the mining sector. Also pushing the markets higher was euro-zone producer-prices data, which reinforced investors’ expectations the European Central Bank will next week keep its benchmark interest rate on hold, and data from...

Allegiant and AirTran increasing capacity; Ryanair full year outlook improves

US airline stocks were boosted yesterday after Continental Airlines reported strong traffic growth for January, driven by international demand, and improving (though still falling) yields.

GEMINA shares surge, Autogrill gains

Shares in GEMINA, the holding company that controls Aeroporti di Roma Spa, surged 5.7% yesterday, on reports the Benetton family, the largest shareholder in GEMINA, plans to restructure its shareholdings.

B/E Aerospace declares 4Q2009 profit, better outlook for 2011 – Suppliers Share Wrap

B/E Aerospace's shares jumped 9.3% yesterday on better profitability figures in 4Q2009 and bullish statements from Chairman and CEO, Amin J Khoury, on better ordering later in 2009 and an improving long-term outlook.

Singapore Airlines falls on earnings report, Cathay Pacific also lower, Qantas gains

Singapore Airlines reported a significant swing in operating and net profitability in its third fiscal quarter to 31-Dec-2009, as yields showed some sign of stabilisation as passenger demand improved and cargo volumes rebounded.

Singapore Airlines in recovery mode, though economic uncertainties persist

Singapore Airlines has released its most upbeat assessment of market conditions since late 2007, declaring the business outlook for the Group in 2010 is “encouraging”. But SIA was quick to acknowledge, “uncertainties linger over the global economy”. SIA’s rising confidence stems from passenger...

Mounties to the rescue? YVRAS about to nail UK’s Peel Airports?

As the saying goes, the Mounties (Royal Canadian Mounted Police) always get their man. Could it be that Vancouver Airport’s YVRAS arm is about to nail the UK’s Peel Airports? The Mounties were formed in Canada’s Northwest Territories and it is Peel’s own English northwest territory airport at...

Load factors improve at WestJet; Garuda to launch an LCC; AirAsia X to be profitable in FY2009

WestJet reported a sixth consecutive year of record January load factors in Jan-2010, with load factors gaining 2.0 ppts to 78.8% in Jan-2010. The load factor occurred as the carrier’s 6.9% capacity (ASMs) increase was more than matched by a 9.7% increase in traffic (RPMs). The LCC, while not disclosing...

Improvement in airline share prices in Jan-2010; Asian airlines raising cash: SHARE WRAP

IATA, in its Airlines Financial Health Monitor for Dec-2009/Jan-2010, commented that airline share prices worldwide gained 5% in Jan-2010, as financial markets became “more positive about airline performance” and increasingly confident about airline profitability. This followed share price underperformance...

Australia’s Sydney Airport shows resilience amid the downturn

Sydney Airport has announced its financial and traffic highlights for the 12 months ending 31-Dec-2009, and also 4Q2009, the final three months. It remains MAp’s top performing airport, with positive figures across most business activities. But with Capex drying up this year and congestion an increasing...

Will Japan's new Ibaraki Airport rise above its critics?

Largely spurned by Japan’s domestic airlines and with only one daily international scheduled flight, Japan’s latest airport to open, Ibaraki, is setting its sights on developing a role as gateway to the Greater Tokyo Area for foreign low-cost carriers (LCCs). With little pre-publicity in the metropolis...

Singapore Changi seeking to acquire a stake in GEMINA (Aeroporti di Roma) - report

Singapore Changi Airport reportedly announcing plans to acquire Clessidra Sgr’s stake in GEMINA. Shares in GEMINA, the holding company that controls Aeroporti di Roma Spa (which was formerly under the MAp stable), lost 1.6% yesterday.

Air Arabia and Kenya Airways make gains, Kuwait National Airways, 1time down

Both Air Arabia (+4.4%) and Kenya Airways (+3.0%) made solid gains on Wednesday (04-Feb-2010). Kenya Airways’ shares moved with the wider market, with the All-Share Index (+0.1%) up for a third consecutive day.