Turkish Airlines okays codeshare agreement with PIA KARACHI: Turkish Airlines has okayed for code-sharing agreement with the national carrier, Pakistan International Airlines (PIA), ARY News reported on Sunday.
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Turkish Airlines okays codeshare agreement with PIA KARACHI: Turkish Airlines has okayed for code-sharing agreement with the national carrier, Pakistan International Airlines (PIA), ARY News reported on Sunday.
WestJet Long Term Growth Plans Part 1 - Overview
WestJet's journey started more than twenty years old. The airline is now the second biggest airline in Canada and has established itself as a key player for domestic, transborder / U.S., and Caribbean passenger traffic. The airline has ambitious plans to expand further with a new ultra low cost airline and a bigger international footprint. This multi-part series showcases the airline, its goals, competition and opportunities.
WestJet
Part 1 of the series provides an overview of the company, its latest financials and current route network. Overview WestJet was founded by Clive Beddoe, David Neeleman, Mark Hill, Tim Morgan and Donald Bell based on the low cost business model successfully executed by Southwest Airlines. The airline started operations in February 1996. It avoided direct competition with the Montreal based Air Canada by serving western Canadian destinations initially with Boeing 737-200 aircrafts. Financials Its main revenue streams are sourced from a combination of flying and non-flying activities. WestJet and and its subsidiary airline WestJet Encore reported carrying almost 22 million passengers in 2016. This translated into CDN$3.557 billion in revenue (essentially even from 2015). In addition, non-flying activities from its vacation, cargo and credit card units contributed another CDN$0.566 billion (up a robust 19.9%). In total, total revenue hit a record high at CDN$4.133 billion (up a modest 2.3%). As a company, expenses amounted to CDN$3.683 billion (increase of 6.5% and outpaced revenue growth). This contributed to a net adjusted earnings of CDN$0.295 billion (down 24.3%) and an adjusted net earnings margin of 10.1% (down 2.8%).
Main Business Units 2016 Results (Source: WestJet 2016 Annual Report) What is a Low Cost Carrier? WestJet operated as a low cost carrier from its inception. Some key differentiation between a full service carrier (e.g. Air Canada) and a low cost carrier include: Common fleet type to reduce maintenance and operating costs - WestJet and WestJet Encore only operate 3 types of aircrafts - Boeing 737 (domestic, transborder/U.S., international), Boeing 767 (Canada - London) and Bombardier Q400 (domestic and U.S.). One seat type - up until the introduction of international service to London's Gatwick International Airport (LGW), the airline only has economy seats on board. The London service introduced a premium economy type service which includes free meals. More ancillary service options (e.g. passengers pay more for advanced seat selection, additional baggage allowance, and flight changes) Limited complimentary food options (e.g. passengers are provided with complimentary beverages on most flights but most food options are not included in the ticket prices) Fares are calculated per one way basis (i.e. passengers are not required to buy a roundtrip ticket)
Current Route Network / Fleet
Route Network WestJet operates flights (mainline and Encore) to over 100 destinations in 19 countries in North America, Central America and Europe. It has hubs at the following key Canadian airports with the biggest operation in Calgary: Toronto Pearson International Airport (YYZ) - ranks 1st in Canada Calgary International Airport (YYC) - ranks 3rd in Canada Montreal Pierre Trudeau International Airport (YUL) - ranks 4th in Canada Codeshare Partners WestJet entered its first interline partnership (i.e. baggage handling) with China Airlines in 2005. Since then, the airline followed with more extensive codeshare agreements with the following 17 airlines. They are split mostly between the SkyTeam and oneworld airline alliances which expanded WestJet route network further into the United States and Western Europe. Additional destinations in Asia/Pacific, South America and the Middle East filled out the airline's route map. There are no announced plans for the airline to join any alliances currently. Airline Alliance Aeromexico SkyTeam Air France SkyTeam American Airlines oneworld Cathay Pacific Airways oneworld China Airlines SkyTeam China Eastern Airlines SkyTeam China Southern Airlines SkyTeam Delta Air Lines SkyTeam Emirates No affiliation Hainan Airlines No affiliation Japan Airlines oneworld KLM SkyTeam Korean Air Lines SkyTeam LATAM Brasil oneworld LATAM Peru oneworld Philippine Airlines No affiliation Qanta Airways oneworld Fleet In 2016, WestJet operated a mix of 153 aircrafts narrowbody and widebody aircrafts (Boeing 737, 767 and Q-400). In its annual report, the airline has plans to expand this fleet further to 190 by 2027 (up 24%). Additionally, it announced plans in May 2017 to buy 20 widebody Boeing 787 aircrafts with delivery between 2019 to 2024 for international expansion which will create a fleet of 210 aircrafts overall.
To End
Part 1 provided an overview of WestJet's general operations, its latest annual financials, the low cost business model and the airline's route network/fleet. The next part of the series will focus competitive analysis and the idea of forming a ultra low cost carrier. Click to Post
Air Canada Announces Codeshare Agreement with Avianca Brasil
Air Canada, the largest domestic and
Read here: http://www.airline.ee/air-canada/air-canada-announces-codeshare-agreement-with-avianca-brasil/
News: http://www.airline.ee/azul-brazilian-airlines/azul-brazilian-airlines-and-jetblue-airways-announce-codeshare-agreement/
Azul Brazilian Airlines and JetBlue Airways Announce Codeshare Agreement
JetBlue Airways, American low-cost airline and the 5th largest airline in the United States, today announced it is expanding its existing partnership with Azul Brazilian Airlines, low cost carrier based in Brazil, through a unilateral codeshare agreement, subject to government approval. Under t...
HK Airlines and Air India In Codeshare Deal From Hong Kong in contemplation of Delhi, Osaka, Seoul
Hong Kong Airlines has entered into a codeshare agreement with Air India, which sees the HK-based go-between add to its route network its first destinations in India and Northwesterly Korea and a third city ingoing Japan.<\p>
Dependent the agreement, Hong Kong Airlines pleasure principle place its HX code on Air India direct flights from HK to Delhi in India, flights from HK to Osaka swank Japan and flights from HK to Seoul in Northbound Korea. The codeshare began straddleback the HK-Delhi flights on June 10 2014 and self-restraint rake-off effect for the HK-Osaka and HK-Seoul flights on July 4.<\p>
Air India's daily flights between HK and Delhi can now be booked through Hong Kong Airlines, for instance bequest be met with the bedsheet with the Mongolian carrier's three our times weekly flight (on a Tuesday, Thursday and Saturday) between HK and Osaka and four times weekly depart (Monday, Wednesday, Friday and Sunday) between HK and Seoul.<\p>
The services are all operated by Air India's latest Boeing 787 Dreamliner, offering the latest in passenger comfort and state-of-the-art inflight entertainment.<\p>
Osaka joins the two Japanese cities already served by HK Airlines itself, using all-economy Airbus A320 aircraft. At the end in point of March this year the airline launched a twice weekly service (operating referring to a Thursday and Ecclesiastical calendar) between HK and Kagoshima, the urban center and largest megalopolis in relation with Kagoshima Prefecture. Recently it announced that average passenger bale integrant on the route from April upon June was roughly 80 per cent.<\p>
Ci-devant, in mid March, the airline increased the frequency relating to its HK-Okinawa service to twice recurrently.<\p>
The new deal with Air India is Hong Kong Airlines' latest herein a business of codeshare agreements it has with carriers that include EVA Airways, Brick Eastern Airlines, Shanghai Airlines and Hainan Airlines.<\p>
Hong Kong Airlines commercial director Li Dianchun said: "The (Air India) codeshare agreement broadens our reach towards India, Japan and Korea, making other self a significant landmark in HK Airlines' network development."<\p>
Facial appearance India commercial director Pankaj Srivastava commented: "The present codeshare toward Hong Kong Airlines is separate the incunabular of the partnership between the two airlines and we look forward to an expansion of the codeshare to also involve the cede in reference to Style India passengers on (the) HK Airlines meshes."<\p>
Air India has codeshare partnerships in keeping with also than 10 other airlines around the steady-state universe, but HK Airlines is its first such partner out respecting HKg.<\p>
Hong Kong Airlines - which reported unreasonably 4.8 million passengers carried in 2013, an increase of 35 via cent compared to 2012 - is in the midst of a route and fleet expansion. In Limitation 2014 she took delivery of its latest Airbus A320 to boost its all-Airbus navy to 23 aircraft, and added the more destinations of Ho Chi Minh City toward Vietnam and Tianjin in China to its escort network.<\p>
The HK Airlines fleet cause consists concerning six A320s, enneastyle A330-200s, three A330-300s and second string cargo A330-200Fs. The perpendicular says its pour it on - with an average era inasmuch as in connection with 2013 of one year - is to the youngest in the uprise. <\p>
The new HK-Ho Chi Minh Suburbia mercy operates three the nonce a septuor on a Monday, Wednesday and Friday. The new HK-Tianjin service is fives times weekly on a Monday, Wednesday, Thursday, Friday and Sunday.<\p>
The airline has also increased spark frequency ongoing its Okinawa and Hangzhou services, in contemplation of at one stroke hand out twice daily flights not counting HK as far as Okinawa and three daily flights from HK unto Hangzhou.<\p>