Aviation
Emirates flagship A380 network expands to East and West
Emirates' A380 destination list has flown past 20 with Singapore and
Moscow joining the airline's double-decker network.
With the world's largest fleet of A380 aircraft, at 27 and another
four to be delivered up to the end of 2012, Emirates continues to set
the pace for A380 deployment. In the four years since the A380 has been
in operation over 11.5 million passengers have flown on the aircraft,
covering 169 million kilometres.
"Singapore and Moscow are both strategically important routes for
Emirates," said Tim Clark, President Emirates Airline. "Deploying larger
capacity aircraft, such as the A380, is central to helping us meet
growing passenger demand in these markets. "The Emirates A380 continues
to peak customer interest.
Setting a new standard for aviation both in terms of customer comfort
and environmental efficiency, the Emirates A380 continues to deliver
strong load factors for us wherever it flies," added Mr. Clark.
Emirates' inaugural A380 service to Domodedovo International Airport
in Moscow marks the first time a commercial A380 flight has touched down
in the city reinforcing the airline's long-term commitment to Russia.
In addition to the launch of the A380 to Moscow, Emirates will also
upgrade its daily St. Petersburg service, launching a Boeing 777-300 on
the route today adding a further 688 seats per week on the route.
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"In Moscow the new A380 service will further drive demand for
passenger and cargo services and the current buzz in the market
certainly reflects this.
As Emirates' South East Asian hub, Singapore will also benefit from
the higher capacity aircraft which will further support the country's
international trade agenda," added Mr. Clark.
With the addition of A380 services, Emirates' total capacity across
four daily services from Dubai to Singapore increases to 1,659 seats
daily.
In Moscow the total capacity across two daily services from Dubai to
Moscow increases to 775 seats daily.
New York and Paris will also benefit from the upcoming A380
deliveries, each receiving their second daily A380 service from 1st
January 2013.
The extensive Emirates A380 network enables many customers to now
travel onboard the A380 for the full length of their journey.
Passengers in all classes can enjoy Emirates' award-winning 'ice'
Digital Widescreen, the industry's most sophisticated video and audio
system, offering 1,400 channels of on-demand entertainment - the largest
selection of programming in the sky.
Indian airline shares soar
Shares of two loss-making private Indian airlines, SpiceJet and Jet
Airways, soared following reports that foreign carriers were in talks
about buying stakes in the operators. Abu Dhabi's Etihad Airways was
reported to be courting Jet Airways while Malaysia's AirAsia, Asia's
biggest discount carrier, was said to be interested in acquiring a stake
in SpiceJet.
Low-cost carrier SpiceJet, India's second largest no-frills operator
by market share, said in a statement that it was "true that a few
foreign airlines/investors have evinced interest" in the company. But
the airline added it was "very premature" to comment on media reports
about the possibility of any deal and did not elaborate further.
Jet Airways, a market leader which is 80 percent controlled by Indian
tycoon Naresh Goyal, a former travel agent, said separately that it did
not comment on "speculative reports".
But VCCircle, a financial website, reported late last week that
Etihad was close to buying a 24 percent stake in Jet in a deal expected
to be worth $400 million. SpiceJet's shares closed 13 percent higher at
44.40 rupees on the Bombay Stock Exchange while Jet ended the day up 11
percent at 560.40 rupees. There was no immediate official comment from
either Etihad or AirAsia but an industry executive close to AirAsia said
the carrier was unlikely to seek a stake in SpiceJet.
Speculation about foreign interest in Indian carriers has been
brewing since the government in September said it would allow overseas
airlines to take up to 49 percent stakes in domestic operators as part
of a blitz of economic reforms.
AFP
Kingfisher shares up after Etihad stake deal
Shares in India's troubled Kingfisher Airlines were up nearly five
percent after a newspaper report that Abu Dhabi's carrier Etihad Airways
is set to buy a 48 percent stake.
The Mumbai Mirror report, citing unnamed sources in the two airlines,
said an official announcement was expected around December 18, the
birthday of Kingfisher's flamboyant boss Vijay Mallya.
The deal is worth more than 30 billion rupees ($553 million), the
newspaper said. Kingfisher shares were up 4.96 percent at 15.67 rupees
in morning trading on the Bombay Stock Exchange.
Mallya has been desperately seeking a buyer from abroad to save his
airline from collapse since the government in September allowed foreign
airlines to purchase stakes of up to 49 percent in domestic carriers.
The debt-ridden airline, named after Mallya's biggest beer brand, has
been struggling to survive, owing billions of dollars in taxes and
payments to suppliers, lenders and employees. The carrier's staff ended
a strike in late October over unpaid wages but Kingfisher's fleet has
remained grounded after India's airline industry regulator suspended its
licence.The watchdog has said it will not lift the suspension until
Kingfisher comes up with a "viable" revival plan.
Etihad, which carried 8.3 million passengers in 2011, already holds
stakes in Virgin Australia, Air Berlin, Air Seychelles and Aer Lingus.
It has also reportedly been looking at buying a stake in India's Jet
Airways.
The Mumbai Mirror said Etihad would buy the Kingfisher stake in two
installments: 30 percent this month and another 18 percent by August
next year, after cracking the deal last week in Abu Dhabi.
A spokesman for Kingfisher refused to comment on the report.
AFP
SIA deepens commitment to Australia
Singapore Airlines has signed agreements with six tourism
organisations in Australia in line with the Airline's ongoing efforts to
promote tourism to the country. The agreements are for a period of
between two and four years, with the total investment for the current
financial year amounting to more than A$5 million.
New agreements were signed between July and October with the South
Australia Tourism Commission and Destination New South Wales, while
existing agreements with Tourism Australia, Tourism Queensland, Tourism
Victoria and Tourism Western Australia were expanded to increase their
value and include new markets. Key markets covered under the agreements
include selected countries in Europe and Asia including the UK, Germany,
India, Indonesia and Singapore, among others.
Under the partnerships, Singapore Airlines and the tourism
organisations are jointly funding marketing campaigns and activities,
including mounting advertising campaigns and organising familiarisation
visits for travel agents and media, with the aim of actively promoting
tourism to the different states in Australia.
Singapore Airlines has been serving Australia for 45 years and
continues to expand capacity to the country.
Services between Singapore and Adelaide were recently increased to 10
flights per week from seven, while a fourth daily service has been
introduced to Perth, up from three. The Airbus A380 superjumbo is also
being used for two of the three daily flights to Melbourne, up from one,
and for two of the four daily flights to Sydney. "Australia has always
been an important market for Singapore Airlines, and these partnerships
serve to strengthen our ties with the country's tourism organisations,"
said Singapore Airlines Acting Senior Vice President Sales and
Marketing, Chin Yau Seng.
"Through our extensive global network we are continuing to promote
travel to Australia, enabling visitors to discover the wide variety of
experiences that the country offers, from rugged natural wonders to
cutting-edge lifestyle offerings."
Singapore Airlines operates 108 flights a week to five Australian
cities, namely Adelaide, Brisbane, Melbourne, Perth and Sydney, while
subsidiary SilkAir serves Darwin with four weekly flights. Including
codeshare services through a comprehensive alliance with Virgin
Australia, SIA offers customers access to 32 Australian cities.
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