United Continental, the world's largest airline, has become the first US airline to take delivery of Boeing 787 Dreamliner

United Continental, the world's largest airline, has become the first US airline to take delivery of Boeing 787 Dreamliner plane this week.
United said it expects to fly the plane to its Houston hub from Boeing Field in Seattle this week. The first of five 787s United should receive this year will be used in a month-long training program before it enters commercial service.
Chicago-based United has ordered 50 Dreamliners. Other carriers that have received the jet are All Nippon Airways (ANA) and Japan Airlines of Japan, Ethiopian Airlines, Chile's LAN Airlines and Air India. Qantas recently cancelled its order for 35 Dreamliners in an effort to save costs, but will still receive 15 of the aircraft next year to be flown by subsidiary Jetstar.

Business class seats on the United Airlines 787 Dreamliner.
The 787 is the world's first commercial passenger jet with an airframe made largely of carbon composites instead of aluminum. Because of its lighter weight, the plane consumes 20 per cent less fuel than other jets its size on similar routes.
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Average list prices for the 787 family start at $US206.8 million ($A198.2 million).
In other Dreamliner news, launch customer ANA said on Friday it would order 11 more Boeing 787s, with a total list price of around $US2.68 billion, hoping the fuel-efficient aircraft will help cut costs.

Economy class on the United Airlines 787 Dreamliner.
The announcement comes as Japan's once cosseted airline industry faces rapid change with the entrance of several low-cost carriers.
"ANA currently has 55 Dreamliners on order, 13 of which have so far been delivered, and the new order today will take ANA's fleet of this innovative and fuel-efficient airliner to 66," ANA said in a statement.
The carrier, Japan's biggest by passenger numbers, said all of the new aircraft will be B787-9 and are expected to be delivered between 2018 and 2021.
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The Dreamliner's dream tour
A view of the business class cabin of the Boeing 787 Dreamliner during a demonstration flight.

"ANA's future fleet plans involve the gradual replacement of the Boeing 767 and Boeing 777-200 with the 787," the company said.
"The fuel efficiency of the B787-9 is similar to that of the B787-8, while it has greater seat capacity, helping support the profitable expansion of ANA's international and domestic route networks."
The company gave no value for the order, but airlines rarely pay the list price for planes.
The airline got its first 787 in October last year and is now flying the plane on eight domestic routes, as well as from Tokyo's Haneda airport to Frankfurt in Germany.
Plans are in place for the 787 to be used on a new Tokyo to San Jose route, and to replace aircraft currently used on the service to Seattle from October 1. From October 28, the Haneda to Beijing route will use the Dreamliner, the company said.
However, an ongoing territorial row between Japan and China over disputed islands in the East China Sea has badly dented demand for flights between Asia's two largest economies.
ANA said Tuesday 18,800 seat reservations had been cancelled on routes between the two countries for the three months to November.
The carrier said in August that it was back in the black, logging a net profit of 668 million yen ($A8.2 million) in its fiscal first quarter to June, reversing a year-earlier loss, thanks to increased travel demand.
It had seen an 8.1 billion yen operating loss in the first quarter of last year as passenger demand collapsed in the aftermath of the March 11 earthquake-tsunami and meltdowns at the Fukushima Daiichi nuclear plant.
But cost cutting and a recovery in international travel demand helped the airline post a record operating profit of $US1.2 billion in the fiscal year ended in March.
ANA said international flight sales rose more than 20 per cent on year in the latest quarter.
Japan's aviation market has long been dominated by ANA and rival Japan Airlines (JAL), but this year has seen the launch of a number of new cheap carriers that could challenge that supremacy.
Both airlines have themselves invested in the new budget start-ups.
ANA last year set up Peach Aviation with a Hong Kong investment fund, while JAL announced a tie-up with Australia's Qantas to launch Jetstar Japan.
AirAsia Japan -- a joint venture between ANA and Malaysia's budget firm AirAsia -- has also launched its lower-cost service.
In its earnings report ANA said it saw a host of other challenges for the year to March 2013 including rising oil prices and exchange rate fluctuations.
In July the company stole the march on JAL's refloating, which happened Wednesday, with a new share issue that saw it offer 914 million new shares.
The issue raised 173 billion yen, which the company at the time said would be used to fund the expansion of its fleet.
Ahead of Friday's announcement, ANA closed flat on the Tokyo Stock Exchange at 176 yen.
The Dreamliner was touted as the great new hope for US manufacturer Boeing, which says its next-generation composite fibre body reduces weight and boosts fuel efficiency.
But it has been hit by a series of glitches, including test engine trouble in July that was the subject of a probe by the US National Transportation Safety Board.
On July 23, ANA said it was grounding five 787 Dreamliner jets for repairs because of a defect on the Rolls-Royce engine.
In February, Boeing said around 55 Dreamliners were at risk of developing a fuselage problem.

Shekhar Gupta
CEO
Capt. Shekhar Gupta [ Pilot, DIAM, M.Ae.S.I., MAOPA [USA] ]
shekhar@aerosoft.in 
Blog : http://shekharaerosoft.blogspot.in/ 

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Jet Aviation Set To Expand Maintenance Services In Moscow

FDI in aviation: Should foreign investors jet in? Moneylife So, in the aviation industry, two of the relatively smaller airlines, SpiceJet and Go Air, have been making waves and really ruling the sky with customer service and competitive fares. Their occupancy figures have been good, too. Will foreign investors ... See all stories on this topic »

Are the US and Europe headed for a trade war over airline carbon fees? Washington Post (blog) This would fold the aviation sector into the continent's cap-and-trade program for greenhouse emissions. All told, the new law would add about $3 to $6 to the cost of a flight from New York to London, according to an analysis from the MIT Global Change ... See all stories on this topic »

Ivy Tech gets aviation-training grant Fort Wayne Journal Gazette Officials said the grant will benefit displaced workers in northeast Indiana over the next three years as the college trains more than 500 people to become skilled aviation maintenance workers through the school's Aviation Maintenance Technology program. See all stories on this topic »

Budget Cuts Could Have Dire Consequences For Business Aviation Forbes US Office of Management and Budget (OMB) Dire... Automatic, across-the-board budget cuts on January 2, 2013 as stipulated in the Budget Control Act of 2011 will impact all government programs with few exceptions, such as Medicare, Medicaid and Social ... See all stories on this topic »

Jet Aviation Set To Expand Maintenance Services In Moscow Aviation International News Jet Aviation was early to see the Russian business aviation boom coming and so was one of the first Western companies to take the leap of faith needed to launch operations there. Its maintenance facility at Moscow's Vnukovo Airport is approaching its ... See all stories on this topic » Aviation International News

Civil Aviation Ministry seeks unconditional cover for Air India bond issue Economic Times NEW DELHI: The ministry of civil aviation is in no mood to lie low to the finance department's sudden decision of giving national carrier Air India a sovereign guarantee based on its performance, to resolve which minister Ajit Singh will soon meet his ... See all stories on this topic » Economic Times

FDI in aviation: IndiGo says no plan to take foreign partner on-board Daily News & Analysis Contrary to its peers, who are upbeat about 49% foreign direct investment in Indian carriers, budget airline IndiGo on Tuesday said it has no plans to take on-board an overseas partner to expand its business. "We are not looking at any investment.. so ... See all stories on this topic »

Future of aviation is in Asean, says Fernandes The Sun Daily PETALING JAYA (Sept 25, 2012): AirAsia Bhd group CEO Tan Sri Tony Fernandes took to his blog on Monday to jab at certain bloggers who claimed that he had abandoned Malaysia by relocating the budget carrier's regional headquarters from Kuala ... See all stories on this topic »

Aviation capacity needs to be maximised gulfnews.com In the UK, there is renewed talk of building new airport capacity in the south-east. This might be either a third runway at Heathrow, or perhaps a new airport altogether. The current darling for this project is to put an airport on an artificial island ... See all stories on this topic »

Airports' Non-aviation Revenue Growing, Says MAHB Bernama KUALA LUMPUR, Sept 25 (Bernama) -- Non-aviation revenue is fast becoming a major source of airport revenue around the world, said Malaysia Airports Holdings Bhd (MAHB). Its senior general manager, commercial services, Faizah Khairuddin, said in ... See all stories on this topic »

Maine shipyard cutting 88 Jobs

BATH, Maine (AP)

Bath Iron Works says it will eliminate 88 jobs over the next two weeks to match the workforce with current demand from the Navy.

Spokesman Jim DeMartini said Monday that the cuts were made in two announcements to employees over the last week or so. The cuts will be made through Oct. 5.

The shipyard is currently building three ships in the new Zumwalt-class before transitioning back to making Arleigh Burke-class destroyers. DeMartini said the cuts are necessary because of the "unfortunate cyclical nature of shipbuilding and balancing needed resources against work in hand."

Let's play a game of whose life sucks worse...I'll win, I always win..!!

Shekhar Gupta
CEO
Capt. Shekhar Gupta [ Pilot, DIAM, M.Ae.S.I., MAOPA [USA] ]
shekhar@aerosoft.in 
Blog : http://shekharaerosoft.blogspot.in/ 

Finnair to cut 100 flight crew jobs

Finnair plans to let go about 100 cabin attendants. The national carrier says it will begin using subcontracted crew on its flights to Spain.

The airline plans to use locally-based crew on regular routes to Barcelona, Madrid and leisure flights to the Canary Islands. Some crew for its New York route and Asian charter flights will also be hired locally.

According to the airline, reductions would be implemented through temporary layoffs during 2013.

"Possible redundancies would be implemented earliest in 2014," after the protection from redundancies in the current collective labour agreement with cabin attendants ends, it said in a statement.

"Using local cabin crew on our Spanish routes would be a natural way to decrease costs," Anssi Komulainen, Customer Service Senior Vice President said.

"On these long routes, the crew has to stay overnight at the destination, which adds to hotel and daily allowance costs, among others. By having the cabin crew based in Spain on these routes, we could generate savings."

The airline said that the decision to lay off the cabin attendants is part of a bigger corporate plan to slash costs at the company.

Finnair announced in August last year that it targets decreases in its annual costs of 140 million euros by 2014.

The flag carrier employs approximately 1700 cabin attendants in Finland, and approximately 300 in China, Japan, Thailand, India, South Korea and Singapore.

We Haven't heard from Kingfisher Airlines after FDI in India

: Kingfisher
lenders today said the debt-ridden carrier has not informed them of anything concrete after 49 per cent FDI was allowed in airlines on September 14.

However, an SBIBSE -0.70 % official said lenders are likely to meet the Kingfisher management soon. This will be the first meeting after the government allowed 49 per cent FDI in domestic airlines.

"We have heard nothing concrete from them after the policy relaxation on FDI. Newspaper reports say they are in talks (with foreign airlines to divest stake). I am sure Mallya will come to us when he has something tangible," SBI Chairman Pratip Chaudhuri told reporters here.

Earlier, the 17-member bankers consortium had met here and had asked airline promoter Vijay Mallya to personally make a presentation on turnaround plan.

SBI has the largest exposure of Rs 1,500 crore to the airline which has not been serviced since this January.

Chaudhuri further said that he expects the next meeting in the first half of October.

"The brand Kingfisher is very important for Mallya and the talk of selling non-core assets like Mangalore Chemicals & Fertilisers rpt Mangalore Chemicals & Fertilisers is welcome," Chaudhuri said, adding "Mallya is keen to keep control of Kingfisher...So the sense we have from him is that he is willing to do everything possible, including big sacrifices."

However, an SBI official said the meeting could be early as in the next couple of days.

The airline, which has not reported a single quarter of profit since its launch in May 2005, is sitting on a debt pile of around 15,000 crore and accumulated losses and is operating a skeletal fleet of under 10 aircraft.

From being the No 2 airline till a year ago, its market share stood at 3.2 per cent in August, the lowest among all the seven airlines in the country.

 

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      Haven't heard from Kingfisher Airlines after FDI liberalisation: SBI Economic Times MUMBAI: Kingfisher lenders today said the debt-ridden carrier has not informed them of anything concrete after 49 per cent FDI was allowed in airlines on September 14. However, an SBI official said lenders are likely to meet the Kingfisher management soon. See all stories on this topic » Economic Times

      Kerala govt revives airline plans, to cannibalise AI Express business Business Standard Kerala govt revives airline plans, to cannibalise AI Express business. CM Oommen Chandy announced that govt would launch Air Kerala to link state with West Asia and seek rule waiver from civil aviation ministry. Aneesh Phadnis & Reghu Balakrishnan ... See all stories on this topic »

      American Airlines Flight Delays Pile Up Wall Street Journal By SUSAN CAREY. American Airlines continued to rack up high numbers of flight delays and cancellations, blaming a dispute with its pilots union. The union, meanwhile, denied that pilots disrupted flights unnecessarily. The unit of AMR Corp. cut 300 ... See all stories on this topic »

      SBI execs to meet Kingfisher Airlines founders within days Moneycontrol.com State Bank of India (SBI) officials will meet the founders of Kingfisher Airlines in the next couple of days, S Vishvanathan, the bank's deputy managing director said, after India allowed foreign airlinesto take stakes in local carriers. Source ... See all stories on this topic »

      It's official: United is first US airline to own a Dreamliner USA TODAY (blog) For the first time ever, there's a Dreamliner in the fleet of a U.S. airline. That became official over the weekend, when United Airlines officially took ownership of its first Boeing 787 Dreamliner. United had previously shown off the jet during a ... See all stories on this topic »

      Jet, SpiceJet scrips fall on news of discount pricing Economic Times "It is a bad time to roll out such cheap tickets, especially when the airlines have made money for the first time in so many quarters. This move is going to impact the financials of airlines as we foresee highly competitive airfares ahead," Sharan ... See all stories on this topic »

      Emirates to tap India traffic to feed global network Livemint Dubai's Emirates Airline is firming plans to spread its wings in India, posing a threat to both domestic and global airlines that fly within and into the country. Emirates, which began its India operations in 1985 and connects 10 destinations in India ... See all stories on this topic »