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Cebu Pacific chief operations adviser Rick Howell describes the LCC as an e-commerce company with aeroplanes as it embraces technological change and builds on its strong brand presence in the Philippines to grow its international network. He notes how capacity is growing between the Philippines and Australia and the airline’s own activity in this competitive country market that is home to a notable Filipino diaspora. But, it is not just about heritage and VFR demand and he discusses how the airline is trying to sell the Philippines an alternative to Bali as a leisure destination.

CAPA Latin America Aviation & LCCs Summit

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10-11
Sep
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Cartagena: CAPA Latin America Aviation & LCCs Summit

The summit will bring together high ranking executives of airlines, airports and travel and government organisations from across Latin America and beyond to address the key strategic and commercial issues affecting aviation development

CAPA Low Cost Long Haul Global Summit

Upcoming Event

4-5
Oct
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Seville: CAPA Low Cost Long Haul Global Summit

The essential global LCC long haul dialogue. The CAPA Low Cost Long Haul Global Summit is the only strategy event dedicated to the new frontier of low cost travel: long haul. Come and hear how your world will change as low cost long haul really takes off.

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CAAC Central and Southern Regional Administration reported (10-Aug-2018) the following traffic highlights by province:

  • Jul-2018:
    • Passengers: 26.2 million, +11% year-on-year;
    • Cargo: 360,000 tonnes, +7.5%;
    • Aircraft movements: 233,000, +5.2%;
  • First seven months of 2018:
    • Passengers: 175.5 million, +11%;
      • Guangdong Province: 81.4 million, +10.7%;
      • Hainan Province: 26.3 million, +6.1%;
      • Hubei Province: 17.6 million, +9.5%;
      • Hunan Province: 17.2 million, +13.4%;
      • Henan Province: 17.1 million, +17.9%;
      • Guangxi AR: 15.9 million, +13.4%;
    • Cargo: 2.5 million tonnes, +7.5%;
      • Guangdong Province: 1.8 million tonnes, +6.9%;
      • Hainan Province: 169,000 tonnes, +9.0%;
      • Hubei Province: 123,000 tonnes, +12.3%;
      • Hunan Province: 86,000 tonnes, +9.1%;
      • Henan Province: 275,000 tonnes, +10.3%;
      • Guangxi AR: 85,000 million tonnes, +0.4%;
    • Aircraft movements: 1.6 million, +5.2%;
      • Guangdong Province: 592,000, +6.3%;
      • Hainan Province: 179,000, +8.7%;
      • Hubei Province: 199,000, -6.8%;
      • Hunan Province: 188,000, +4.5%;
      • Henan Province: 252,000, +3.2%;
      • Guangxi AR: 188,000, +9.3%. [more - original PR - Chinese]

SpiceJet reported (14-Aug-2018) the following financial highlights for the three months ended 30-Jun-2018:

  • Total revenue: INR22,708 million (USD338.7 million), +20.4% year-on-year;
    • Operating revenue: INR22,358 million (USD333.5 million), +19.6%; 
      • Ancillary: INR2143 million (USD32.0 million), +28.4%;
  • Total costs: INR22,454 million (USD334.9 million), +31.2%;
    • Fuel: INR8124 million (USD121.2 million), +52.0%;
    • Aircraft maintenance: INR3428 million (USD51.1 million), +14.1%;
    • Aircraft lease rentals: INR2797 million (USD41.7 million), +21.1%;
    • Labour: INR2478 million (USD37.0 million), +26.1%;
  • Profit before exceptional items and tax: INR254.1 million (USD3.8 million), -85.5%;
  • Net profit (loss): (INR380.6 million) (USD5.7 million), compared to a profit of INR1752 million in p-c-p;
  • Passengers: 4.8 million, +14%;
  • Load factor: 94%, +0.5ppt;
  • Revenue per ASK: INR4.36 (USD 6.5 cents), +6%;
  • Cost per ASK: INR4.31 (USD 6.4 cents), -15%;
  • Cost per ASK excl fuel: INR2.75 (USD 4.1 cents), -7%. [more - original PR]

*Based on the average conversion rate at INR1 = USD0.014916

Civil Aviation Authority of Nepal (CAAN) spokesperson Birendra Prasad Shrestha reported CAAN plans to allocate funds to the following improvement and development projects at Kathmandu Tribhuvan Airport in FY2018/19 (Kathmandu Post, 15-Aug-2018):

  • Runway resurfacing works: NPR3.5 billion (USD31.1 million);
  • Compensation for landowners impacted by Kathmandu expansion works: NPR1.4 billion (USD12.4 million);
  • Construction of southern parallel taxiway: NPR3 billion (USD26.6 million);
  • Construction of northern parallel taxiway: NPR1.2 billion (USD10.7 million);
  • Runway extension works: NPR497.2 million (USD4.4 million);
  • Construction of two aircraft parking bays: NPR590 million (USD5.2 million);
  • Construction of remote aircraft parking bays: NPR343.4 million (USD3 million).

Metropolitan Nashville Airport Authority (MNAA) awarded (15-Aug-2018) Fraport USA a 10 year contract to manage Nashville International Airport's concession programme. The contract includes the design, construction, lease and management of approximately 69,000sqft of concessions space. Fraport will lease space to local business owners who will independently manage restaurants and shops. The new concessions model will feature "street pricing", meaning airport concessions will feature pricing equivalent to similar locations outside the airport. Leasing and construction is scheduled to commence on 01-Feb-2019, with an anticipation of new restaurants and retail shops opening later in 2019. [more - original PR]

GMR Infrastructure reported (15-Aug-2018) Delhi Indira Gandhi International Airport recorded a 47.7% year-on-year decrease in gross revenue to INR7.8 billion (USD111.1 million) in Q1FY2018/19. GMR attributed the decrease primarily to the implementation of the second control period tariff order by Airports Economic Regulatory Authority of India. [more - original PR]

Egypt and Ghana's Governments signed (15-Aug-2018) an agreement to establish a MRO centre at Accra Kotoka International Airport. The countries signed MoU agreements in Dec-2017 to cooperate in the areas of air transport, airport construction, training and rehabilitation. Egyptair Maintenance & Engineering chairman and CEO Abu Taleb Tawfiq underlined the importance of the contract in the company's expansion in Africa as it targets new customers. [more - original PR - Arabic]

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China's Belt & Road Initiative and Aviation

Issue 45
  • A massive global initiative: aviation legacy could entrench liberal market access
  • Airports recovering from airline consolidation
  • Fleet changes as airlines reevaluate
  • Russia’s RoI on USD15 billion World Cup investment
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LCCs diversify, in different directions

Issue 44
  • Meanwhile, Full Service Airlines adopt contrasting strategies
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