Air Canada : AC : ACA :

CHEYENNE a écrit:La flotte, d'après Planespotters, d' Air Canada Jazz, propriété d' AC et opérant pour AC, issue de plusieurs fusions ( Air Nova, Air Ontario, Canadian Regional...)

IATA : QK ICAO : JZA

Affectée par une baisse des recettes passagers la plus grosse compagnie aérienne canadienne, Air Canada , a fait état d'une perte au troisième trimestre en données ajustées, et ne s'attend pas à un rétablissement avant douze à dix-huit mois.
La société implantée à Montréal a pourtant dégagé un bénéfice de 277 millions de dollars canadiens (174 millions d'euros), ou 2,44 dollars par action, pour la période de trois mois close à fin septembre, contre une perte de nette de 132 millions (1,32 dollar par titre), un an auparavant.
Exprimé en données ajustées, le résultat ressort déficitaire à hauteur de 19 cents par action.
Le résultat d'exploitation continue de souffrir de la faiblesse de la conjoncture qui pèse sur les revenues passagers et frets, a expliqué la compagnie, qui a levé 1 milliard de dollars en juillet auprès de différents créanciers dont l'Etat canadien.
Le chiffre d'affaires opérationnel a reculé de 13%, à 2,67 milliards de dollars, tout comme les recettes passagers tombées à 2,4 milliards de dollars, alors que sur la période le trafic a baissé de 2% suite à une réduction des capacités de 3,3%.

When it comes to competition in the skies, there is no fiercer contest than who has the best seat.
With only two main aircraft manufacturers in the world, airlines have to find other ways to differentiate themselves and claiming the longest, widest or most luxurious seat is a key battleground.
Virgin Atlantic, the pioneer of several improvements in seat design over the past 25 years, yesterday won the latest round in its fight to protect the exclusivity of its Upper Class seat.
Virgin spent £50 million designing its Upper Class product, which was introduced in 2003 and has been copied by rivals. Upper Class is Virgin’s equivalent of business and first class on other carriers.
The unusual Herringbone design was sold to other airlines by Contour, the Welsh seat manufacturer that built Virgin’s Upper Class product.
Virgin claimed that it owned the patent on the seat design and took Contour to court to stop it making any more copies. Virgin’s argument was initially rejected, but the Court of Appeal yesterday upheld the patent application. An injunction is likely to be filed against Contour to prevent it making any more of the seats.
Virgin is taking legal action against Delta, Air Canada and Jet Airways, which all bought the Herringbone seats from Contour. Cathay Pacific is facing legal action after buying similar seats from another manufacturer.
If Virgin’s legal action is successful, these airlines could be forced to strip their planes of the seats, which would be incredibly expensive as it can take months to refit a single plane.
It is thought that Virgin will press for an out of court settlement and lawyers said that Sir Richard Branson’s airline could be paid tens of millions of dollars in compensation.
Paul Charles, a spokesman for Virgin, said: “It has always been, and will remain, a key strategic objective of Virgin Atlantic to protect its intellectual property rights from misuse.”
The Herringbone design allows Virgin to fit a large number of seats into its Upper Class cabin because little space is wasted. The reclined seat folds down to create a fully flat bed.
Competition for premium passengers has intensified since the start of the recession as many companies have cut their travel budgets while holidaymakers are trading down.

"It is well known in the industry that Emirates is trying to push hard to divert as much global flow traffic via Dubai in order to deploy its massive fleet of wide-body aircraft," -- Air Canada CEO Calin Rovinescu.

The chief executive of Air Canada accused Emirates on Tuesday of wanting to "flood" Canadian skies with airline seats so it can scoop up passengers and divert them through Dubai.
Such a move by the Dubai government-owned airline would be "severely damaging" to airports and airlines operating in Canada as it would steal away the connecting passengers they depend on to make their routes profitable, Calin Rovinescu, CEO of Canada's biggest airline, said.

"While its argument may be seductive, what Emirates' strategy will do is constrain the growth of Canadian airports by turning them from hubs into stubs at the end of a spoke that leads only to Emirates' hub in Dubai," Rovinescu said in a speech in Vancouver.
Emirates has been lobbying the Canadian government to allow it to expand its three-day-a-week Dubai-Toronto service. It also wants to fly to Calgary and Vancouver.

A study, commissioned by Emirates and released two weeks ago, concluded that Canada could reap economic benefits of CAD$480 million (USD$466 million) a year and create 2,800 jobs if the Mideast airline was given more flying slots.

"It is well known in the industry that Emirates is trying to push hard to divert as much global flow traffic via Dubai in order to deploy its massive fleet of wide-body aircraft, including A380s it has purchased or has on order," Rovinescu said.
He said statistics showed that the number of people travelling daily to Dubai from Canada last year was "barely enough to fill a mid-size, 213-seat Boeing 767".

Last month Emirates' senior vice-president of international affairs, Andrew Parker, told Toronto's Globe and Mail newspaper that Air Canada and its Star Alliance partner, Lufthansa, were unnecessarily worried about losing passengers to Emirates.
He said Emirates' Toronto-Dubai flights have been more than 90 percent full.

(Reuters)

Air Canada, Garuda, Thai and Air Austral could sublease Air India’s 777s
Air Canada, Thai Airways International, Garuda Indonesia and Reunion Island-based Austral have expressed interest in subleasing [Vous devez être inscrit et connecté pour voir ce lien]-200LRs and 777-300ERs from Air India.
Earlier this year Air India announced plans to lease out a large portion of its new 777 fleet as part of a cost cutting programme. Air India chairman and managing director Arvind Jadhav says the carrier has so far received responses from Air Canada, Thai, Garuda and [Vous devez être inscrit et connecté pour voir ce lien].
"There are four responses. We are evaluating them," Jadhav told ATI during a Star Alliance event in Sao Paulo.
Air India is in the process of joining Star while Air Canada and Thai are already in the alliance.
Air India initially indicated it was seeking to lease out nine 777s. But Jadhav says the carrier is now negotiating subleases on six aircraft - a mix of 777-200LRs and 777-300ERs.
"We got six to lease out," he says. "The evaluation is going on right now."
Jadhav declined to say when a deal would be concluded. He says the carrier is now looking at when it can remove the aircraft from its operation and when the four interested carriers are able to take the aircraft.
"We are looking at the timelines," Jadhav says. "The timelines have to match up."
According to Flightglobal's ACAS database, Air India currently operates eight 777-200LRs and 10 777-300ERs. All 17 of these aircraft are less than three years old.

GE s'engage à financer l'achat par Air Canada d'avions actuellement loués

MONTREAL, 10 juin 2010 (AFP)La compagnie Air Canada a annoncé jeudi que le conglomérat américain General Electric (GE) s'était engagé à lui prêter jusqu'à 170,5 millions de dollars pour financer en partie l'achat de 16 avions qu'elle loue en ce moment.

Jeannot a écrit:GE s'engage à financer l'achat par Air Canada d'avions actuellement loués

GE s'engage à financer l'achat par Air Canada d'avions actuellement loués

MONTREAL, 10 juin 2010 (AFP)La compagnie Air Canada a annoncé jeudi que le conglomérat américain General Electric (GE) s'était engagé à lui prêter jusqu'à 170,5 millions de dollars pour financer en partie l'achat de 16 avions qu'elle loue en ce moment.

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Air Canada blames Boeing for stunting its growth

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Air Canada says delays with Boeing's 787 Dreamliner are stunting the carrier's growth. Air Canada has been adding new routes to some international destinations in the USA and Europe, but the airline says it has to throttle back on some of the expansion it had hoped would be possible with the Dreamliner.
"It opens up all these route opportunities that normally wouldn't be viable for us," Ben Smith, Air Canada's chief commercial officer, says in an interview with CTV. He cites Mumbai as an example, saying that market probably would not generate enough demand for Air Canada to serve with its long-haul Boeing 777 jets. "But a 787 and all of a sudden it becomes interesting," Smith tells CTV.
CTV notes that "Air Canada has 37 Boeing 787s on order. They were originally supposed to be delivered in 2008, but manufacturing delays have pushed that back to 2013." Smith says high-yield international destinations -- especially those that it can service with its 787 -- will be a key part of the carrier's business plan.
"We only have 37% of the market share for Canada international [travel], and we think we can do a lot better than that, so you'll see from us a lot more focus and effort in that area," Smith says to CTV.

Jeannot a écrit:Air Canada accuse Boeing de freiner sa croissance.

Air Canada blames Boeing for stunting its growth

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Air Canada says delays with Boeing's 787 Dreamliner are stunting the carrier's growth. Air Canada has been adding new routes to some international destinations in the USA and Europe, but the airline says it has to throttle back on some of the expansion it had hoped would be possible with the Dreamliner.
"It opens up all these route opportunities that normally wouldn't be viable for us," Ben Smith, Air Canada's chief commercial officer, says in an interview with CTV. He cites Mumbai as an example, saying that market probably would not generate enough demand for Air Canada to serve with its long-haul Boeing 777 jets. "But a 787 and all of a sudden it becomes interesting," Smith tells CTV.
CTV notes that "Air Canada has 37 Boeing 787s on order. They were originally supposed to be delivered in 2008, but manufacturing delays have pushed that back to 2013." Smith says high-yield international destinations -- especially those that it can service with its 787 -- will be a key part of the carrier's business plan.
"We only have 37% of the market share for Canada international [travel], and we think we can do a lot better than that, so you'll see from us a lot more focus and effort in that area," Smith says to CTV.

[url=http://travel.usatoday.com/flights/post/2010/06/air-canada-blames-boeing-for-stunting-its-growth/97215/1

Hugot2 a écrit:AC qui accuse Boeing, c'est la meilleure !

Avec qui GECAS s'est arrangé pour ne pas sortir AC de sa panade financière ?

Boeing qui a sorti de son chapeau un oiseau de rêve en promettant de nous mettre sur orbite ( avec acompte ). On a été servi, merci pour la balade.

Quel bazar AC !

For the month of July, Air Canada reported a record system load factor of 84.9 per cent on a consolidated basis with Jazz (from which Air Canada purchases regional capacity), versus 83.6 per cent in July 2009, an increase of 1.3 percentage points.

System traffic increased 10.8 per cent on a system wide capacity increase of 9.1 per cent.

"In July, Air Canada reported a record system load factor of 84.9 per cent for the month on a consolidated basis with Jazz," said Calin Rovinescu, President and Chief Executive Officer.

Air Canada today reported operating income of $75 million in the second quarter of 2010 compared to an operating loss of $113 million in the second quarter of 2009, an improvement of $188 million. Earnings before interest, taxes, depreciation, amortization and aircraft rent (EBITDAR) of $333 million increased $198 million from the second quarter of 2009 (an increase of 147 per cent).

These results were in line with the preliminary range of operating income of $60 million to $80 million, and EBITDAR of $320 million to $340 million, announced in Air Canada's news release dated July 20, 2010.

"I am pleased to report stronger second quarter results that underscore the progress we've made on maximizing revenues and reducing costs, and also reflect encouraging signs of a gradual economic recovery," said Calin Rovinescu, President and Chief Executive Officer.

"Although we are not at 2008 levels, premium revenue and yields have increased over the past two quarters. While there remains much work to do, over the past 15 months, we have met many of the objectives we set out to achieve - namely to build adequate liquidity and achieve strong revenue management and better cost control while expanding our international network."