Pacific Royale Airways temporarily suspended operations after launching services in Jun-2012, according to The Jakarta Post. Pacific Royale sales manager Dede Hartono said, “We need to halt our operations because we plan to change our business plan”. Mr Hartono said, “It is not because of a financial crisis in our company. We have to stop operations, because we need a new business plan that will bring more benefits to the company and customers”. The airline, which is 51% owned by Indonesian businessman Gunarni Gunawan and 49% owned by Indian investor Tarun Trika, currently operates a fleet of three Fokker F50 aircraft. The airline’s previous business plan saw the airline plan to operate five F50s, four A320s and one A330 aircraft.
Pacific Royale Airways temporarily suspends operations
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Delta Air Lines may also join United Airlines with nonstop Southeast Asia-US services. There are opportunities in the Southeast Asia-US market for nonstop routes, but competition with one-stop products will be intense. Profitability will be heavily challenged or non-existent. SIA started the trend due to strategic, not financial, imperatives. Under the charm of low fuel prices, Southeast Asian airlines risk falling into the spell of "me too" nonstop flights, just as they did with over-sized aircraft acquisitions.
AirAsia Group fleet analysis: expansion to resume in 2017 with 32 deliveries including 15 new leases
The AirAsia Group is accelerating expansion in 2017 after deciding to lease 15 additional A320ceos which were not previously in its fleet plan. AirAsia now plans to take delivery of 32 A320s in 2017 (11 A320neos and 21 A320ceos) while returning three aircraft, for a net gain of 29 aircraft, marking its biggest expansion since 2013.
The AirAsia Group took delivery of only 10 aircraft in 2016 and originally was planning to take delivery of just 10 aircraft again in 2017. It initially slowed its fleet growth in 2015, with four deliveries, after several years of rapid double digit fleet expansion.
The AirAsia Group’s active fleet grew by only two aircraft in 2016 and shrank by two aircraft in 2015, when aircraft sales, leases outside the group and lease returns are taken into account. Fleet growth peaked in 2013 with 36 aircraft, before initially slowing to 18 aircraft in 2014 as market conditions became more challenging.