Sri Ramani K.
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Posts posted by Sri Ramani K.
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AirAsia rules Paris Air Show with record order
LE BOURGET, France (Reuters) – AirAsia thundered into the Paris Air Show with a record order for 200 revamped A320neo jets plus 100 options on Thursday -- an $18.2 billion deal making the Malaysian firm Airbus's largest airline.AirAsia chief executive and Formula One boss Tony Fernandes flew into France overnight to sign off on what one Paris brokerage termed an "amazing" 200-plane deal, which is also seen as a coup for engine maker CFM International.
The deal wraps up a frenetic Paris Air Show which confirmed a strong rebound in Asian demand and sent industry records clattering like an airport departure board.
It also marks an attempt by Airbus to prove the case for its decision to update the best-selling A320 passenger plane, the backbone of low-cost airlines, and put pressure on rival Boeing which is undecided whether to match or trump that move.
The AirAsia order eclipsed a $16 billion order for 180 aircraft from India's Indigo, sealed on Wednesday, as the biggest ever civil aircraft order by the number of planes.
Shares in Airbus parent EADS bucked a weaker stock market on Thursday and rose over 1.6 percent to 22.2 euros.
In a key detail, AirAsia also plans to take another 86 aircraft already on order from Airbus to feed growth in its markets, quashing speculation of conversions to the new plane.
The higher than expected figure of 200 planes was first reported by Reuters on June 10. On Wednesday, industry sources disclosed talk of 100 additional options.
http://news.yahoo.com/s/nm/20110623/ts_nm/us_airshow_28?utm_source=twitterfeed&utm_medium=twitter
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Morning spot for 14L would be by the side of the lake. Probably the only spot available. Don't be late as you will get some other than the usual AK & MH in the morning till about 11am (if 32R is used for departure).
I still cannot confirm my attendance due to some last minute work which seems like coming in the way, will do so on Friday.
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endorsement kua
AK5289 diverted to SZB for some reason which I am yet to know.
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I've been told that Airbuses are cheaper to buy, but expensive to maintain, while Boeings are expensive to buy, but cheaper to maintain in the long run. Explains the fast turnaround for AK.
You can only compare an apple to an apple, not an apple to an orange. Both of different age and mentality (although some might say they're similar). At the end of the day, it is the maintenance philosophy of the company that matters the most. It may differ from their utilisation rate, maintenance reliability program, spares pool and so many other factors which might seem very puny in our eyes.
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On another note:
tengkuazmil Tengku AzmilJust took delivery of our 3rd new A330-300 from Toulouse, 9M-MTC. Being ferried to KUL now
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Not quite, it's very volatile. I checked the schedule from now and then, sometimes 5 times weekly and sometimes 6 times weekly.
You have to be joking my friend. A KLM 777 comes in to KUL everyday at 3pm and many spotters know that for a fact. It was never volatile, and maybe had hiccups once or twice. Maybe Uncle Pieter can furnish you the details of how many cancellations this year?
And quoting Azizul's stats on this page (http://www.malaysianwings.net/forum/index.php?showtopic=12195&view=findpost&p=279298);
EuropeRanking - Destination - Passengers Traffic - Growth
1. London Heathrow - 428,501 - (+6.5%)
2. Amsterdam - 391,174 (+9.6%)
3. London Stansted - 169,651 (+38%)
4. Paris - 155,432 (+24.7%)
5. Frankfurt - 151,573 - (+23.4%)
6. Rome - 70,006 (+19.7%)
7. Istanbul - 67,190 (+138.7%)
Pax from AMS makes up the second largest destination in Europe that contributed to the growth of KUL. As this sector is also served by MH, it surely is a sector that's making good amount of money with continuous growth. I believe no airline in their right frame of mind would want to reduce flights here or even change equipment or even cancel the route just because the other airline which they are code-sharing with joined an alliance which they am not in.
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There was another a/c that landed and I had moved my shutter dial without myself realising. Sorry for the quality, but what aircraft is this? Anyone with any info?
M100T
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Went to Peremba Square today to pick up my sick Canon after it was warded for a few days. Light was good so did some spotting from 6.30pm till about 7.
All the way in SZB. Endorsement flight, 9M-AHJ.
Did one full stop when I was there and was holding for this little bird to land.
N21H piloted by Capt. Zak. A/c is a Christen Eagle II.
9M-FYH
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Nice pics SM Tang. On another note, congrats for getting your first on to A.net.
http://www.airliners.net/photo/Virgin-Australia-Airlines/Airbus-A330-243/1927512/M/
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Saw FYE in KUL last night.
FFE or FYE capt? If it's true that it was FYE, what on earth was that ATR doing in KUL?
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WOW? My guess is an impending Frequent Flyer Programme.
Don't want to let the mouse out of the bag as yet, but no it's not any sort of FFP. Campaign will be revealed in stages throughout this year, and it looks very optimistic.
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Sorry, it wasn't Uncle Pieter. I should have clearly specified, my bad.
Just some weird angles that we will always hope of getting more frequently in KUL.
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AirAsia post strong performance despite high fuel price
1Q11 By the Numbers:
Revenue: RM 1.05 Billion (up 20% y-o-y)
Operating Profit : RM 241.72 Million (up 46% y-o-y)
Operating Profit Margin : 23% (up 3 ppt)
Revenue / ASK : 16.44 sen (up 12% y-o-y)
Cash Balance: RM 1.8 Billion
Ancillary Income per pax: RM 50 (up 31% y-o-y)
Net Gearing Ratio: 1.57 (reduce from 2.25 y-o-y)
LOW COST TERMINAL, SEPANG, 24 May 2011 – AirAsia Berhad (“AirAsia” or “the Company”) recorded a growth in operating profit in 1Q11, in what Group CEO Tony Fernandes hailed as “excellent despite high fuel prices.”
“What is particularly significant for us is that our operating profit margins were also significantly higher year-on-year, demonstrating that we are maintaining tight control of costs even as we grow revenues. Yes, fuel prices shot up – but that is something beyond our control. Our response is not to wring our hands and moan, but to use our creativity to address the issue and find ways to overcome this challenge. And our Q1 results indicate that we are on the right path,” said Fernandes.
He added: “We maintained our strong load factor at 80%; we increased our RASK by 12% y-o-y; we grew our EBITDAR margins by 3 percentage points to 38% year-on-year; and we increased our cash balance to RM1.8 billion.” The company saw a decline in profit after tax of 23%, largely due to lower unrealised foreign exchange gains in this quarter
In terms of actual numbers for the Group, Q1 2011 registered revenue of RM 1.05 billion; Profit After Tax of RM 171.93 million; load factor of 80% (up from 74% y-o-y); Revenue/ASK up 12% (y-o-y) for MAA, up 13% for TAA and 10% for IAA. EBITDAR margins for MAA, TAA and IAA rose to 38%, 22% and 37% y-o-y, respectively.
Fernandes said that a deliberate “load active” strategy meant that while average fares declined, the payoff came in the form of higher passenger load factors of 80%, up 17% y-o-y. “At AirAsia, our focus is on keeping operating costs the lowest in the industry, and on growing ancillary income. Thus, we are not as dependent on our fares as others are. The strategy is to increase passenger loads, and monetize this increase. This helped us push RASK for MAA by 12%. Our unit revenue is up 2%, showing that our strategy is working and this proves that AirAsia has a very robust operating model,” he said.
On ancillary, Fernandes said that every RM spent per passenger helps offset approximately USD 1 per barrel increase. “We have raised our ancillary charges on certain products and that has been able to offset much of the pressures on margins. Our ancillary revenue per pax is up in all three operations: MAA at RM 50 per pax ( up 31% from RM38 y-o-y); TAA at THB 368 per pax (up 34% from THB 274 y-o-y); IAA at IDR 152,052 per pax (up 57% from IDR 96,666).”
He said that ancillary income will continue to be the catalyst for AirAsia to grow further, especially with a lot of exciting initiatives announced in Q1 2011, such as the AirAsia and Expedia joint venture. “We are focused on growing our ancillary income and explore any opportunities to further monetize these businesses so AirAsia can ride on its upside benefits”.
Fernandes also highlighted the first quarter performances of TAA and IAA. On TAA, Fernandes said TAA performance was strong as they weathered the difficult 1Q11 by generating THB 4,086 million, recording a growth of 33% year-on-year; Profit after tax was also up 30%. This 1Q11 was contributed a lot by a seasonally strong first quarter especially with a 23% growth in passengers carried and together with the newly introduced Indian routes performing well. TAA also took delivery of one new Airbus A320 in their current fleet which consists of 20 in total.
As for IAA, the affiliate posted a good 38% rise in revenue of IDR 774,846 million, with ancillary revenue continuing to grow by 57%. Load factor was at 79% (up from 72% y-o-y). This performance can be supported with the Profit before tax of IDR31,943 million which rose 588% year-on-year. They have also managed to increase their average fares by 12% as they ramp up going to their traditionally strongest 2nd and 3rd quarters. Indonesia also took two new deliveries of the Airbus A320 in 1st quarter which brings their total fleet to 20 aircraft in operation.
Outlook
On the outlook for the rest of 2011, Fernandes emphasized the Group’s laser-like focus on keeping costs down. “This is what ultimately helps us to offer the low fares that we do,” he said. With the fuel surcharges helping defray some of the rising cost of fuel, there is also a determined effort throughout the Group “in pushing load factors higher on key profitable routes and capturing further market share from competitors,” he said.
“We are still anticipating the launch of our AirAsia Philippines in the second half and I am just excited on the progress to get this venture started. We are also re-looking into Vietnam and hopefully an exciting announcement will follow suit soon. These moves will further strengthen our presence in the ASEAN skies,” Fernandes said.
On fuel hedges, Fernandes said the Group had hedged approximately 17% of its fuel requirements for the second half so far for this year. “We are monitoring oil prices very closely and the moment we perceive an opportunity, we will not hesitate to add to our hedges,” he said.
Fernandes also acknowledged that the company has recently rewarded its loyal shareholders with its maiden dividend payout on 3 cents per ordinary share. This is in line with company’s vision to give back to shareholders for their support since the company’s listing and anticipate to be in a better position in the near term to reward more.
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This thread would be nicer if it had all amazing liveries caught by MW spotters from various airlines. (just my 2 cents though
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Only sharing one of the latest, 9M-AFK caught in KUL.
BTW kanehoshi, the Williams livery is 9M-AFW while the Pahamin livery is 9M-AFM.
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They have some aircraft outside of LCCT. But the exact numbers that are stationed in PEN, KCH, BKI and JHB are unknown.
Hello flee, 3 in PEN, 3 in KCH and 5 in BKI. No a/c nitestop in JHB.
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A short 2 hour spotting at Anjung Tinjau just now while awaiting a friend to arrive from AMS.
TG sent in a 773 bearing the old livery. Seen here is HS-TKB.
9M-FFC racing in to the bay with the aerotrain racing to the satelite building.
The viewing mall was packed to the brim thanks to this bird. 9M-MPQ carrying umrah/hajj pax to JED.
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The last pic is just awesome! Something I never thought I could see in M'sia. Reminds me of something you always see in Schiphol
Dig up the Spotting thread during the 32L/14R landing shots back then when the Jalan Pekeliling road was accessible. Loads of top notch shots were shared there.
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Breaking news!
My spy at the AK Gossip Division just leaked that Azran and Uncle Tony are now in New York City, joining the Prime Minister's entourage. The big news is that D7 will be signing an agreement with GE Aviation http://www.geae.com/ tomorrow.
The key point with this news leakage is that what D7 is planning with GE? All their A333s are powered by RR.
First part of your info is now no more a rumour based on TF's tweet.
@tonyfernandes PM speech is all about Asean. Malaysia center of Asean. 600 million people. PM said airasia is worlds best low cost company and asean global brand. -
Welcome back Walter! Nice shots, looks like you actually weren't gone for long. Hope you had a good session with the legend.
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Taken from a colleague's FB with permission. Was it another diver from SIN this time around again?
*edit*
Upon checking up some info, a/c is VH-OQB enroute to SIN from LHR.
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QF's A380 was in KUL today. No idea what time it arrived and why. Hopefully someone was spotting this time around.
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TQ Uncle Pieter for bringing up this thread again. Maybe we can populate a list of those attending and the list of hopefuls? Maybe I shall start.
1) Uncle Pieter staying Doubletree KUL
2) Loc (VNAS) staying Myhotel@Sentral
3) Nguyen (VNAS) staying same
4) Son (VNAS)staying same
5) Ramani
6) Keisuke (from Japan)staying ?
Stunt plane crashes in Padang
in General Aviation
Posted · Report reply
http://www.thejakartapost.com/news/2011/06/23/stunt-plane-crashes-padang.html
http://politic2011.blogspot.com/2011/06/aircraft-crashes-in-padang-malaysia.html
Rego: N21H
RIP Col Zac!
Just a small tribute to Col Zac - some great pictures of him flying his aerobatic aircraft during the Sg Rambai fly-in a few weeks back. All perfectly captured by Uncle Norman.
http://www.malaysianwings.net/forum/index.php?showtopic=16209
RIP!