Etihad Airways has taken delivery of the first of two USD195 million A330-200F aircraft at Abu Dhabi International Airport on 08-Aug-2010 (The National, 09-Aug-2010). Senior VP of Etihad Crystal Cargo, Roy Kinnear, stated "cargo has grown from 12% of Etihad’s overall business to more than 15% in the past year". The freighter will commence service on 01-Sep-2010 to Abu Dhabi from Beijing, Hong Kong, Tripoli, N’djamena, Nairobi, Milan and Frankfurt. A second A330-200F, to be delivered in Sep-2010, will join the aircraft on the routes from 01-Oct-2010 and in Jun-2011, Etihad will take delivery of a B777 freighter, bringing its fleet of freighters to six aircraft at least. With the two A330-200Fs, Etihad’s cargo capacity will grow by 16%. Airbus has 64 A330-200F on order from 10 different customers. Etihad is the launch customer for the aircraft.
Etihad Airways takes delivery of first A330-200F
You may also be interested in the following articles...
Air Astana Part 1: Kazakhstan flag carrier increases focus on transit traffic as profits drop
Kazakhstan’s Air Astana is increasing its focus on sixth freedom transit traffic as part of a new strategy aimed at capitalising on its low cost structure and geographic position at the crossroads of Asia and Europe. More transit traffic is necessary to unlock a new phase of growth and reduce its reliance on its home market.
Air Astana has nearly doubled its transit traffic over the past year in response to challenging market conditions in Kazakhstan. The Kazakhstan economy has weakened significantly as oil prices have collapsed, leading to rapid currency devaluation that has impacted Air Astana’s top line. The airline’s revenues have fallen 25% since 2013 while passenger traffic has been relatively flat.
Increased sixth freedom traffic, slower expansion and reduced costs have enabled the airline to maintain profitability. A further and bigger transit traffic push is risky but should drive improved scale, a resumption of growth, and a stronger long-term position – which in turn will make Air Astana more attractive as it revisits long-delayed IPO plans.
HK Express receives first A321 and awaits A320neo as Hong Kong's LCC rate grows to 10 percent
HK Express continues to work towards its goal of ending 2018 with 50 aircraft. HK Express will end 2016 with 18 aircraft, including its first A321s and A320neo. The A321s provide additional capacity per movement – important to bring costs down, but also to grow where traffic and slots (at Hong Kong and abroad) do not permit.
Asian LCCs are increasingly gravitating to larger aircraft to try to overcome insufficient infrastructure. Larger narrowbodies at LCCs gained wide awareness with AirAsia's A321 order, although many other LCCs will operate larger types before AirAsia receives its first A321. The A320neo brings additional range, besides the usual efficiency improvements.
HK Express plans to end 2017 with 32 aircraft. Even if sustainable markets can be found, this is rapid growth for an opaque slot system at Hong Kong International Airport. HK Express' continued growth will further boost the share of seats that LCCs operate at Hong Kong. LCCs account for 10% of capacity at Hong Kong in 2016 – up from 5% in 2012. The gains have mostly been earned due to HK Express. With as much success as HK Express claims, it might now be time for the LCC to open its books and present transparent financial reports.