GMG Airlines will reportedly suspend services from 30-Mar-2012 for an indefinite period due to technical problems in aircraft, according to report in The Daily Star. Commenting on the situation, GMG Airlines director of marketing, HR and customer experience Asif Ahmed said: "Two of our Dash 8 aircraft are scheduled for some routine periodic maintenance, which requires the aircraft to be removed from operations for several days. We need technical expertise and equipment to make the fleet operational, which may take two-three months or even longer". With these two aircraft out of service, all of the carrier's fleet will be grounded. GMG fleet consisted of three Boeing 767s, three MD-80s and two Bombardier Dash-8s. No details on a potential resumption of service was provided. Earlier this month, IATA suspended the carrier from its billing and settlement plan (BSP) as the carrier allegedly failed to pay dues (The Daily Star Net, 07-Mar-2012).
GMG Airlines suspends operations for indefinite period
You may also be interested in the following articles...
Global commercial aircraft deliveries fell in 2016 as Boeing again outsold Airbus; 2017 to be a peak
The global commercial aircraft fleet grew by 4% in 2016 and the year ended with an order backlog of more than nine years of production. Among the regions, North America still has the biggest and oldest fleet, but the lowest ratio of orders to aircraft in service. By contrast, Middle East has the fewest in service, but the highest ratio of orders to current fleet numbers.
This report gives an overview of the number of commercial aircraft deliveries in 2016 and the outlook into 2017 and beyond. It also looks at numbers in service and on order by region. It is based on preliminary numbers from the CAPA Fleet Database and guidance on 2016 deliveries from Airbus and Boeing, who have yet to announce final numbers.
The data indicate that total worldwide deliveries fell in 2016, the first such decline for six years, as a result of delays to new aircraft programmes. Boeing delivered more aircraft than Airbus for the fifth straight year, but its deliveries fell short of its 2015 level, while Airbus increased its numbers year-on-year. Total deliveries will likely rise again in 2017, but this may prove to be a peak year.
Canada’s two largest airlines embark on 2017 on solid footing; ULCC threat remains a wildcard
Canada’s two largest airlines are embarking on 2017 with a tilt toward international expansion. Air Canada is continuing its march toward building a global competitive network that rivals those of its North American global airline peers, and WestJet is setting the stage to expand a long haul trans-Atlantic network. As has been the case during the past few years, the bulk of Air Canada’s capacity expansion will be directed into international markets in 2017; WestJet is pledging slower system capacity growth after its expansion in 2016, which coupled with unit revenue pressure has created some investor anxiety.
Both airlines are beginning 2017 with higher valuations as Canada’s economic growth should settle towards 2% in 2017. Although the country’s economic growth forecast is not stellar, it is at least stable. Canada’s province of Alberta is climbing out of a recession after the region’s economic weakness had created challenges for Canadian airlines during the last year.
Two aspiring Canadian ULCCs are attempting to launch operations in 2017, joining NewLeaf Travel – which has recently cancelled new routes after encroachment by WestJet. Canada’s first low cost airline has pledged to compete fiercely with the start-ups, and its actions are reinforcing that declaration.