Etihad Airways has reportedly converted options to purchase three B777-300ERS after cancelling orders for four B787s (The National, 07-Mar-2011). The three B777-300ERS are priced at USD852.3 million at list prices while the four B787s are worth USD872.4 million at list price. The cancellation reduces Etihad's total orders of the B787 to 31. The carrier stated the B777s will help "bridge the gap" caused by the B787 delays.
Etihad converts options for three B777-300ERs; cancels four B787s
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The EU now has mandates to negotiate open skies with states, including the UAE, Qatar, Turkey and the ASEAN bloc. The UAE and Qatar, home to the three Gulf network airlines, are expected to produce the most contentious negotiations. France and Germany will surely takes cues from Air France and Lufthansa to impede Gulf growth. In this light there are questions about whether the talks are genuinely motivated, or merely designed to draw out the discussion and thereby not produce any additional traffic rights while under negotiation.
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Hawaiian Airlines: cost creep casts a slight shadow over a favourable PRASM performance
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The company expects to continue posting a unit revenue outperformance for the remainder of 2016, driven by still favourable capacity trends in its markets. Hawaiian’s own capacity growth is expected to fall between 3% and 4% for 2016, and remain in the low- to mid- single-digit range for the foreseeable future.
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