Monthly Archives: February 2023

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Turkish Airlines Vital Player in Earthquake Recovery

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It remains clear that Turkish Airlines has become a vital player in assisting those affected by the earthquake in Turkey that happened a couple of weeks ago.

Earlier this week, the carrier announced that they have carried 238,112 search and rescue personnel across 1,324 aid flights.

On top of this, Turkish Airlines evacuated 230,980 citizens from the Turkey earthquake areas across 1,302 flights.

The airline also carried 15,648 tons of air material free of charge to the areas affected across 156 cargo flights.

Turkish Airlines were key to note that 6,198 tons of the cargo were carried with flights conducted from 77 countries, while the remaining 9,450 tons were from the airline itself.

Expanding more on the efforts made by Turkish Airlines was the Chairman of the Board, Ahmet Bolat:

“With the responsibility of being the national flag carrier, we are working with all officials, including AFAD, to mend the wounds caused by the earthquake as the 75 thousand-strong Turkish Airlines family.”

“Within that framework, we will be building a Turkish Airlines neighborhood in the region with 1000 homes for those affected by the earthquake.”

“We will also employ 1000 personnel from 1000 families affected by the earthquake in Turkish Airlines and its subsidiaries.”

“During these times when we come together as one in the face of natural disaster, Turkish Airlines also donated 2 billion TL while I personally donated my salary of March 2023 for immediate aid efforts.”

“We also wish to extend our gratitude to our friends from abroad for their overwhelming support and aid in response to the crisis, along with our missions, embassies, and consulates for their coordination in order to deliver aid material from other countries to the affected region with our cargo flights.”

“Our flag carrier will continue to be with our citizens in the future just like it has been with all of its capabilities.”

Turkish Airlines has also confirmed that the free-of-charge flights for citizens affected by the Turkey earthquake will continue.

The airline said the following on this via a statement:

“Offering free ticketing and reservation since 7 February, flag carrier also accepts citizens without reservations depending on the availability of the aircraft.”

“Our passengers are able to change or refund their domestic flights or international flights to/from earthquake-afflicted areas between 6 February – 31 March, as long as they were first arranged before February 9, 2023.”

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Strong Recovery for Air New Zealand

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Air New Zealand has released its first-half financial report showing the start of its recovery with a revenue of over 3 billion NZD.

The flag carrier’s Chair, Dame Therese Walsh, attributed the solid recovery to a combination of border restrictions easing, increased demand, and the Air NZ team who “rose to the occasion.”

The country’s border restrictions eased sooner than expected and the carrier responded to the developing situation by reactivating 29 routes and recruiting 3000 employees to support the return to operations. The results show the effect of this swift reaction.

The carrier’s statutory gross earnings were 299 million NZD and it achieved a net profit of 213 million NZD. Eight million passengers traveled with the operator during the period, compared to three million in the previous year.

In the same half of the previous year, the carrier reported a net loss of 272 million NZD. The results show a significant swing in the fortune of 285 million NZD.

Domestically, the carrier has almost returned capacity to pre-pandemic levels – currently at 94%. Internationally, however, at 60% of pre-pandemic levels, the carrier still has some services to reinstate.

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Boeing expects strong growth in South Asia’s passenger aircraft and freighter fleet over the next twenty years, according to its new Commercial Market Outlook for India.

Of the next two decades through 2041, Boeing sees South Asian carriers taking 2,210 new passenger aircraft, comprising 1,983 single aisle aircraft and 227 widebodies. It also forecasts deliveries of 80 freighters, but no regional jets.

Of the 2,210 new passenger aircraft, 430 will be for replacement, while 1,780 will be for growth. And of the 1,400 passenger aircraft that Indian carriers have yet to order, 90% will be narrowbodies such as the 737 Max.

“The Indian market is recovering rapidly, and its domestic capacity has exceeded 2019 levels, with domestic traffic expected to double by the end of this decade,” says Dave Schulte, Boeing commercial marketing managing director for Asia Pacific.

“Indian carriers will outpace global growth at nearly 7% and more than 80% of new airplane deliveries to this market will be for growth, while 20% of new airplanes will be for replacement of aging jets. This trend exemplifies India’s commitment to modernizing its fleet with more sustainable and fuel-efficient next-generation airplanes.”

In a presentation, he observes that India’s gross domestic product (GDP) is likely to grow four-fold to 2050, and that India will have the world’s third highest GDP by 2031.

As for the market for air travel, Boeing observes that India sees 23 million passengers travel by rail daily, compared with just 360,000 who travel by air. The airframer notes that if just 1% of rail passengers switch to flying, it will double the country’s aviation market. 

Schulte also observes that per trillion US dollars in GDP, India has just five dedicated freighters. This is just a fraction of the USA’s 51 freighters per trillion dollars in GDP. Boeing expects India’s new and converted freighter fleet to grow to 80 aircraft by 2041, from roughly 15 aircraft now.

Most of these new freighters will be converted narrowbodies, complemented by production and converted widebodies to support global freighter operations.

Boeing also sees several challenges, namely high fuel costs, operational costs priced in US dollars, and relatively low air fares.

It adds that new generation aircraft, specifically the 737 Max, can help by reducing fuel burn at Indian carriers by 21%, and that the 737 Max 10 offers low seat costs, making lower fares more sustainable.