Emirates announced (13-Nov-2011) an order with Boeing for 50 B777-300ERs, plus options for an additional 20 aircraft. The order, with a value of USD18 billion at list prices, makes this the single largest commercial airplane order in Boeing's history by dollar value. It also makes 2011 the best-selling year for the B777 programme, surpassing the previous record of 154 orders set in 2005. With the Emirates order, the 2011 order book for the B777 is now 182. The new B777-300ERs will be operated in a three-class configuration with eight first, 42 business and 310 economy seats. The aircraft will be powered by GE90-115B engines. Emirates also signed a 12-year 'OnPoint' engine MRO agreement. The engine order list price and service agreement is valued at approximately USD6 billion over the life of the contract. Emirates is the world's largest B777 operator with a fleet of 94 B777s through direct purchase and lease. In addition to the 50 B777-300ERs announced, Emirates has 73 A380s, 70 A350s, 40 B777-300 ERs and six Boeing freighters on order, for a total of 239 widebody aircraft worth more than USD92 billion. [more - Emirates PR] [more - Boeing PR] [more - GE Aviation PR]
Emirates announces order for 50 B777-300ERs, Boeing's largest ever order
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European airline seat capacity growth accelerates - perhaps too quickly: Outlook for winter 2016/17
The summer 2016 season came to an end on 29-Oct-2016. Adjusting for an extra week relative to the previous summer, it produced seat growth of 6% for capacity to/from/within Europe, matching the rate of growth in summer 2015, but higher than the 10-year average rate of 4% and higher than any other summer since 2010.
Current indications from data filed with OAG are that Europe will also experience accelerating capacity growth in the winter 2016/2017 season, which runs from 30-Oct-2016 to 25-Mar-2017. Adjusting for the season being shorter by one week relative to last winter, total seat growth in Europe is set to reach 7%, compared with 6% growth in winter 2015/2016 (and 6% growth in summer 2016). This is higher than the 10-year average rate for winter of 3% and the highest winter growth since 2007/2008.
On routes to all but one region from Europe, seat growth this winter will both be faster than last winter and higher than its 10-year average. The one exception is Europe to Middle East, the fastest-growing region, where capacity growth will remain at 10%. This report presents analysis of this winter's seat growth for Europe by region and by airline group.
Southwest Airlines: Where is the LUV? Rivals have advantages as labour relations crumble
At the turn of the century it would have been heresy to describe Southwest Airlines as embattled. The venerable low cost airline was a perennial passenger favourite, and its employee relations were the most positive and successful among US airlines. But during recent years the company’s admirable relationship with labour has soured, culminating in the recent declaration by Southwest’s union leaders that the company’s top two executives should vacate their positions.
The labour discontent and years-long negotiations have not only damaged management’s credibility in the eyes of many employees, but have also prevented Southwest from taking important steps to create more outlets to generate revenue – including establishing potentially valuable codesharing relationships. As Southwest moves closer toward having the proper technology to support those partnerships, the likelihood that labour groups will approve codeshares is decidedly low as rifts between management and employees deepen.
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