Bombardier Commercial Aircraft launched (08-Oct-2009) its Extended Service Programme (ESP) to extend the economic life of the Dash 8-100 turboprop to 120,000 flight cycles, from the original design life of 80,000 flight cycles. Launch customer for the Dash 8-100 ESP is Widerøe’s Flyveselskap of Norway. There are an estimated 240 Dash 8-100s in service worldwide. The ESP is expected to add 10-12 years to their usable lives. [more]
Bombardier launches extended service programme for dash 8-100 aircraft
You may also be interested in the following articles...
WestJet prepares to lock in unit revenue growth to outpace cost inflation in 2017
Canada’s second largest airline WestJet believes it can attain a positive unit revenue result in 1Q2017, joining many other North American airlines in outlining specific timeframes for the reversal of negative trends. Unlike performance of most airlines in the region that are predicting sequential improvements from 3Q2016 to 4Q2016, WestJet’s performance will worsen during the last three months of 2016. The factors driving WestJet’s deeper unit revenue decreases include timing of the year-end holidays, competitive capacity pressure in warm weather markets, and fare matching of the start-up competitor ULCC NewLeaf.
Although WestJet believes it will make an important turn in its unit revenue performance in early 2017, it faces some cost inflation for the full year as it adds a larger number of smaller Bombardier Q400 turboprops, which have higher operating costs but in fact also help drive bottom line profitability. Although at this point WestJet cannot forecast its unit revenue performance for FY2017, its goal is to post unit revenue growth that outpaces unit cost increases.
Flybe: largest regional airline in Europe leads the airline capacity growth charge in winter 2016/17
The surprise departure of Flybe CEO Saad Hammad on 26-Oct-2016 "by mutual agreement" raises questions about the future strategic direction of Europe's largest regional airline. Mr Hammad joined in Aug-2013 and implemented a restructuring programme, returning Flybe to profit in FY2016 (March year end).
Capacity reduction during the restructuring has been followed by a period of accelerating growth. So much so that Flybe is Europe's fastest-growing airline group among the top 20 in Europe by seat numbers this winter, with an increase of 19%. CAPA has identified 45 new Flybe routes in calendar 2016 (compared with a late summer total of 165), on the majority of which Flybe has no airline competitor.
Despite low competition on its network, Flybe's FY2016 operating margin was one of the lowest among listed European airlines and coincided with weakening unit revenue. Pricing has softened further, not least due to uncertainties such as Brexit, just as Flybe's capacity growth has accelerated.
Until a replacement for Mr Hammad is found, Flybe's Chairman Simon Laffin will assume executive responsibility. Significant strategic change may be unlikely in the interim, but a key question for the next CEO will be whether to continue with such aggressive capacity growth in the face of falling fares.