Corporate Affairs

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    Business model for airports under threat, globally

    Worldwide, airports are facing a significant challenge to their current business models, S&P Global infrastructure ratings senior director Mar Beltran has warned. The challenge comes from important changes in the behaviour of passengers using their facilities.

    Airports have benefitted from a boom in air travel over the past 30 years. This has been driven by airlines cutting costs and reducing prices. Airports have expanded to meet the demand, cut their rates to airlines to attract more carriers, and made up the difference with commercial activities in their terminals.

    Low cost carriers, also known as budget airlines, have played a key role in these developments. Today, in Europe, for example, low cost carriers account for 40% of the short-haul air traffic market. And they are now moving into long-range sectors, particularly routes across the North Atlantic.

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    Business model for airports under threat, globally

    Worldwide, airports are facing a significant challenge to their current business models, S&P Global infrastructure ratings senior director Mar Beltran has warned. The challenge comes from important changes in the behaviour of passengers using their facilities.

    Airports have benefitted from a boom in air travel over the past 30 years. This has been driven by airlines cutting costs and reducing prices. Airports have expanded to meet the demand, cut their rates to airlines to attract more carriers, and made up the difference with commercial activities in their terminals.

    Low cost carriers, also known as budget airlines, have played a key role in these developments. Today, in Europe, for example, low cost carriers account for 40% of the short-haul air traffic market. And they are now moving into long-range sectors, particularly routes across the North Atlantic.

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    Aerosud Aviation warns of tough times for the South African aerospace industry

    South Africa’s largest private-sector commercial aviation aerostructures manufacturing company, Aerosud Aviation (a wholly-owned subsidiary of Aerosud Holdings), warns that the local aerospace industry is going through tough times and is not receiving the kind of support that competitors in other developing countries, including elsewhere in Africa, are receiving. “2017 was a tough year and this year will be more tough,” affirms Aerosud Aviation MD Johan Steyn. (Even so, his company won the Exporter category of the 5th South African Annual Business Awards for 2017; in 2016 it won in the Manufacturer of the Year category.) The local industry is suffering from a number of different challenges and problems.

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    Aerosud Aviation warns of tough times for the South African aerospace industry

    South Africa’s largest private-sector commercial aviation aerostructures manufacturing company, Aerosud Aviation (a wholly-owned subsidiary of Aerosud Holdings), warns that the local aerospace industry is going through tough times and is not receiving the kind of support that competitors in other developing countries, including elsewhere in Africa, are receiving. “2017 was a tough year and this year will be more tough,” affirms Aerosud Aviation MD Johan Steyn. (Even so, his company won the Exporter category of the 5th South African Annual Business Awards for 2017; in 2016 it won in the Manufacturer of the Year category.) The local industry is suffering from a number of different challenges and problems.

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    Aerosud Aviation warns of tough times for the South African aerospace industry

    South Africa’s largest private-sector commercial aviation aerostructures manufacturing company, Aerosud Aviation (a wholly-owned subsidiary of Aerosud Holdings), warns that the local aerospace industry is going through tough times and is not receiving the kind of support that competitors in other developing countries, including elsewhere in Africa, are receiving. “2017 was a tough year and this year will be more tough,” affirms Aerosud Aviation MD Johan Steyn. (Even so, his company won the Exporter category of the 5th South African Annual Business Awards for 2017; in 2016 it won in the Manufacturer of the Year category.) The local industry is suffering from a number of different challenges and problems.

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    New Boeing jets will bring lower costs for local airline group

    The entry into service of eight next generation Boeing 737 MAX 8 aircraft with South Africa’s private-sector Comair airline group will cut the airline’s fuel expenditure per seat by 15%. This was highlighted by Comair CEO Erik Venter at a press conference on Thursday. (This assumes that the fuel price remains similar to what it currently is; if the fuel price increases, the savings will be greater.) The first of the 737 MAX 8s will be delivered next year.

    Comair has already cut its fuel burn per seat by 54% since 2001. This has been one of the results of a continuous programme of modernisation of its all-Boeing 737 fleet, with the new models also being bigger and carrying more passengers than their predecessors. This has resulted in the airline increasing, also since 2001, the number of passengers it carries by 155%.

    The airline operates two brands, British Airways (in Southern Africa) and low cost carrier Kulula. Divided between these brands is a fleet of 26 airliners, eight of which are leased and the remainder belong to the group. The airline normally leases between one-third and one-half of its fleet, because of the flexibility this brings. On the other hand, the lessors make good margins, he quipped.

  • 0

    New Boeing jets will bring lower costs for local airline group

    The entry into service of eight next generation Boeing 737 MAX 8 aircraft with South Africa’s private-sector Comair airline group will cut the airline’s fuel expenditure per seat by 15%. This was highlighted by Comair CEO Erik Venter at a press conference on Thursday. (This assumes that the fuel price remains similar to what it currently is; if the fuel price increases, the savings will be greater.) The first of the 737 MAX 8s will be delivered next year.

    Comair has already cut its fuel burn per seat by 54% since 2001. This has been one of the results of a continuous programme of modernisation of its all-Boeing 737 fleet, with the new models also being bigger and carrying more passengers than their predecessors. This has resulted in the airline increasing, also since 2001, the number of passengers it carries by 155%.

    The airline operates two brands, British Airways (in Southern Africa) and low cost carrier Kulula. Divided between these brands is a fleet of 26 airliners, eight of which are leased and the remainder belong to the group. The airline normally leases between one-third and one-half of its fleet, because of the flexibility this brings. On the other hand, the lessors make good margins, he quipped.

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    Comair announces selection of Honeywell avionics for its new airliners

    South Africa’s second largest airline company, Comair, and American software-industrial group Honeywell announced on Friday that the airline has chosen the US group’s advanced cockpit technologies suite to equip the Boeing 737-800 MAX 8 airliners that it is acquiring. The suite will include a three-dimensional weather radar system (the IntuVue RDR-4000).

    “Our new fleet additions will enable us to be on the cutting edge of aerospace technology and in a leadership position among airlines in the region,” affirmed Comair CEO Erik Venter. “Supplementing that with some of the best navigation and weather equipment from Honeywell International Inc., means that we can keep our commitment to safety and ensure passengers reach their destinations quickly and comfortably.”

    “Maintaining reliable, safe service is of maximum importance to airlines, especially as they look for new and impactful ways to upgrade their fleets,” highlights Honeywell International aerospace leader: Africa Rudolph Louw. “Working with Honeywell International Inc. provides pilots with the intelligence they need to not only make incremental adjustments in the flight route to save time and fuel, but also avoid patches of turbulent weather. Ultimately this helps drive fuel and maintenance efficiencies, while promoting a positive passenger experience.”

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    Comair announces selection of Honeywell avionics for its new airliners

    South Africa’s second largest airline company, Comair, and American software-industrial group Honeywell announced on Friday that the airline has chosen the US group’s advanced cockpit technologies suite to equip the Boeing 737-800 MAX 8 airliners that it is acquiring. The suite will include a three-dimensional weather radar system (the IntuVue RDR-4000).

    “Our new fleet additions will enable us to be on the cutting edge of aerospace technology and in a leadership position among airlines in the region,” affirmed Comair CEO Erik Venter. “Supplementing that with some of the best navigation and weather equipment from Honeywell International Inc., means that we can keep our commitment to safety and ensure passengers reach their destinations quickly and comfortably.”

    “Maintaining reliable, safe service is of maximum importance to airlines, especially as they look for new and impactful ways to upgrade their fleets,” highlights Honeywell International aerospace leader: Africa Rudolph Louw. “Working with Honeywell International Inc. provides pilots with the intelligence they need to not only make incremental adjustments in the flight route to save time and fuel, but also avoid patches of turbulent weather. Ultimately this helps drive fuel and maintenance efficiencies, while promoting a positive passenger experience.”

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    New targets for sustainable aviation fuels

    The International Air Transport Association (IATA), the representative body for the global airline industry, has announced a target of having one billion passengers fly in aircraft powered by a mixture of jet fuel and sustainable aviation fuel by 2025 – seven years from now. This objective was announced on the tenth anniversary of the first flight which used a blend of jet fuel and sustainable aviation fuel, which took place on February 24, 2008 and was carried out by a Boeing 747 of Virgin Atlantic, flying from London to Amsterdam.

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