Qatar's Civil Aviation Authority chairman Abdul Aziz Al Noiami stated (22-Jan-2013) the first phase of Hamad International Airport is scheduled to open on 01-Apr-2013. The soft launch involves 12 carriers, including low-cost airlines. Qatar Airways plans to move its operations from Doha International Airport in 2H2013 and both airports will be in operation until the transfer is complete. Airfreight services will operate at Doha Airport until summer 2013, while freight forwarding and processing will commence at the new airport in Mar-2013. Hamad Airport's catering facility will open in stages and will provide catering services for both airports from summer 2013. Construction of the USD15.5 billion airport commenced in 2005 and it is expected to have capacity for 24 million passengers p/a in the first phase and 50 million p/a in the second phase, which includes a second terminal scheduled to open by 2022. Mr Al Noiami said Doha Airport would be used for non-commercial aviation including military and training operations once the transfer is complete. [more - original PR]
Hamad International Airport outlines plan for soft launch on 01-Apr-2013
You may also be interested in the following articles...
Ryanair, easyJet, Norwegian, Wizz Air, Pegasus Airlines: Europe's top LCCs' collective margin drops
CAPA's previous analysis of the 3Q2016 results of Europe's big three legacy airline groups highlighted a fall in their collective operating margin, after growth in 1H2016. This report shows that Europe's five leading LCCs, in aggregate, also suffered a fall in profit and margin in the quarter.
Three of the five – Ryanair, Norwegian and Wizz Air – improved their profit margin in the quarter, but easyJet's drop in margin was heavy enough to bring down the collective result. Pegasus' margin also declined.
Nevertheless, the LCC five remain collectively far more profitable than the legacy three. Moreover Europe's two most profitable airlines, Ryanair and Wizz Air, look set to increase their margin lead this year. Even easyJet, which has had a bad year by its standards, achieved a higher margin for calendar 9M2016 than the most profitable of the big three legacy groups, which was IAG.
The divergence of results in the European sector suggest that not all airlines are following the same cycle. However the collective margin decline for the continent's leading LCCs, and its major legacy airline groups, at least gives reason to question whether or not the cyclical upswing may have run its course.
easyJet: accelerating growth to take share from legacy airlines in strong easyJet airports
In spite of challenging market conditions and falling profits, easyJet remains on the offensive in its fight for market share with legacy airlines. It is also making contingency plans to apply for an EU AOC to ensure continued intra-European traffic rights in the post-Brexit future.
easyJet's revenue per seat, pre-tax profit and return on capital employed all fell in FY2016 (year to Sep-2016), the first reversal since before CEO Dame Carolyn McCall took the helm in FY2010. In spite of lower fuel prices, easyJet could not lower its cost per seat fast enough to offset the drop in unit revenue. Load factor was just above flat at 91.6%, so the drop in revenue per seat was all price-related. A series of external events put pressure on pricing – including terrorism, ATC strikes and the UK's Brexit vote.
Some airlines might tighten their capacity growth in the face of weak pricing, but easyJet plans to accelerate its seat growth from 6% in FY2016 to 9% in FY2017. It has its sights on an opportunity to take share from legacy airlines in airports where it already has a strong market position.