October 6th 2023

More articles from the category

October 6th 2023

Despite a strong summer, Play expects an annual loss in 2023

The low-cost airline Play was able to generate an after-tax profit of 2023 million US dollars between June and August 12. The carrier was thus able to prove that it can fly profitably. In comparison: In the same period last year, it incurred a loss of three million US dollars. In the northern hemisphere, many airlines have to make as much money as possible in the summer, because demand is traditionally lower in winter. If this is not successful, the cold season can be particularly frosty, especially for smaller carriers. It often happens that money runs out in winter and a trip to the bankruptcy judge is necessary. Play says it has managed to be profitable in the summer of 2023 and to build up a financial cushion. Sales increased by 63 million US dollars to 116 million US dollars compared to the same period last year. Capacity utilization improved to 89 percent. So far, 2023 passengers have been on board in the summer of 537.000. While the company was still deep in the red last year, company boss Birgir Jonsson now expects to be able to report a profit for the third quarter of the current financial year. Around four million US dollars are currently forecast. The bottom line, however, will still be in the red. According to Jonsson, Play will close the current financial year with an operating loss of around 10 million US dollars. This will be a significant improvement on the previous period, when the deficit was 44 million US dollars. The signs continue to point to expansion, as in the third quarter of the current financial year,

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August 2023: Number of overnight stays in Lower Austria increased

In July and August 2023, 1.782.271 overnight stays were recorded in Lower Austria, 885.171 of them in July, 897.100 in August according to the first projection. This represents a significant increase of 8,8 percent compared to July and August of the previous year. In general, hosts reported good to very good occupancy during the summer holidays, but they are still just below the pre-crisis level of 2019. In some cases, more beds could be sold, but unfortunately an increase in capacity is not possible due to a lack of staff. Hiking, cycling, wine experiences, culture and culinary delights were very popular. The guests came mainly from within Austria and Germany. Some also noted that guests are coming, but are spending less and hotel packages are less in demand. Overall, if you compare the months January to August, you are still 4,3 percent below the absolute record year of 2019.

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Air Astana has renewed IOSA safety audit

The Kazakh airline Air Astana was able to successfully renew its IATA Operational Safety Audit. It has achieved the IOSA for the ninth time. The audit was first carried out in 2007 and has been repeated every two years since then. The audit in 2023 examined the internal organizational structure and management, the entire flight operation including its implementation and control mechanisms, technology and maintenance, the workflows in the cabin and the entire handling process at the airports, cargo handling and all safety-relevant aspects. The next audit will take place in 2025.

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United places large orders with Airbus and Boeing

Star Alliance member United Airlines has placed large orders with the manufacturers Boeing and Airbus. The US airline has taken options for 50 B787-9s and secured a further 50 purchase rights. Taking previous orders into account, the airline now has 150 orders for this type of aircraft, making it the world's largest Dreamliner operator. A large order has also been placed with competitor Airbus. United Airlines has announced that it has ordered 60 more A321neos. These aircraft will be used to expand the route network. In return, some of the aging aircraft will be phased out. In the past, the carrier has opted for 50 A321XLRs and 79 A321neos. This brings the order volume to 180 aircraft. The Star Alliance member is having the A321neo aircraft delivered with an Airspace cabin developed in-house. This is intended to go beyond the standard product and offer passengers an improved flight experience. Compared to the models currently in use, both the Boeing 787-9 and the Airbus A321neo are to be characterized by reduced fuel consumption. United Airlines also plans to use the A321XLR model to expand traffic between the USA and Europe. The model is to be used on routes where the use of widebodies would be uneconomical. The route network for this will be communicated at a later date.

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