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Amely Mizzi

Friedrichshafen looks back with satisfaction on the year 2022

Amely Mizzi June 21, 2023 13:50

Friedrichshafen Airport had to seek insolvency proceedings due to the corona pandemic, among other things. This also enabled the airport to get rid of certain legacy issues. Now the airport sees itself on the way forward again. Last year, Lake Constance Airport was used by 339.550 travelers. This corresponds to around 70 percent of the volume that was recorded before the pandemic in 2019. Growth was mainly driven by tourist routes but also by low-cost traffic to Eastern Europe. After the corona restrictions on travel were lifted, demand was high and led to a rapid recovery in this traffic. "In view of the fact that there was virtually no travel in the first three and a half months of 2022 due to corona and that Friedrichshafen Airport also felt the effects of the operational problems of the major airports indirectly over the course of the summer, we are very pleased with these figures," says Claus-Dieter Wehr, Managing Director of Friedrichshafen Airport. Economically, the year was marked by the termination of the insolvency proceedings under self-administration on March 31.03.2022, 1. Due to the insolvency proceedings, two financial statements for short financial years were necessary. One for the period of the ongoing insolvency proceedings from June 2021, 31 to March 2022, 1 and the second for the period from April 2022, 31 to December 2022, XNUMX, in order to return to the calendar year. The financial statements are characterized by a number of special effects that the insolvency proceedings brought with them and which lead to high positive annual results. For this reason and due to the changed observation period, a comparison with previous years' periods is not meaningful. With the termination of the insolvency proceedings on

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Paris Air Show: Avolon shops at Airbus and Boeing

Amely Mizzi June 21, 2023 13:44

During the Paris Air Show, lessor Avolon announced that it has ordered 40 more B737-Max from Boeing. This is already the third order. A letter of intent has been signed with Airbus for the A330neo. "Today's announcement reaffirms our long-standing partnership with Boeing and our support for the 737-Max program. We are confident that our customers will demand the 737-Max in the long term, and this order extends our delivery pipeline to 2030," said Andy Cronin, CEO of Avolon. "Switching the global fleet to more fuel-efficient aircraft with new technology is a priority for our industry, and we want to play a leading role in helping airlines achieve their sustainability goals." Letter of intent for 20 A330neo Avolon has signed a letter of intent with competitor Airbus to purchase 20 A330neo. The lessor currently has a total fleet of 616 Airbus aircraft owned and managed by Avolon, including 55 A330neo, as well as 208 A320ceo, 285 A320neo, 51 A330ceo and 17 A350). Andy Cronin, CEO of Avolon, said: “We have been a strong supporter of the A330neo programme from the outset and with the full placement of our existing widebody order book, we are now securing future growth in a supply constrained environment. Our expanded delivery pipeline will enable us to offer our customers the range and lower emissions of the A330neo to meet their growing fleet needs. Our recent aircraft orders and commitments reflect our confidence in the long-term growth trajectory of the aviation sector, which was demonstrated in our recent

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TAAG leases two more A220-300s

Amely Mizzi June 21, 2023 13:37

The airline TAAG will have a total of 15 Airbus A220-300s in its fleet, as it has also signed a corresponding leasing agreement with Nordic Aviation Capital. This includes two aircraft of this type. Previously, comparable agreements were concluded with Air Lease Corporation, Aviation Capital Group and Azorra. The NAC aircraft are to be delivered in 2025. TAAG has thus secured a total of 15 Airbus A220-300s through various lessors. 

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Boeing secures Air India bulk order

Amely Mizzi June 21, 2023 13:32

Air India has also finalized a major order with Boeing, for which a letter of intent was signed earlier this year. The purchase agreement was signed during the Paris Air Show. The order, which includes 190 737 MAX, 20 787 Dreamliners and 10 777X jets with options for 50 737 MAX and 20 787 Dreamliners, is Boeing's largest order in South Asia and underlines the 90-year partnership with Air India. A comprehensive range of air transport services will also enable Air India to sustainably expand its activities in the fast-growing South Asian aviation market. South Asia is expected to more than triple its operational fleet from 20 to 700 aircraft over the next 2.300 years to meet passenger demand. The major order, which went to competitor Airbus, was also finalized at the Paris Air Show. 

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Akasa Air orders four more Boeing 737-Max-8s

Amely Mizzi June 21, 2023 13:26

The Indian airline Akasa Air announced during the Paris Air Show that it had increased its existing Boeing 737 Max 8 order by four aircraft. The carrier only put the first aircraft of this type into service last year. With the order for four more aircraft, the Indian airline's order book includes 76 jets, including 23 737 Max 8s and 53 737 Max 200s. "As the fastest growing airline in the world, we are delighted to expand our fleet by four more Boeing 737-8s, increasing our original order of 72 aircraft to 76 jets, which will be delivered over the next four years. “These aircraft not only support our rapid domestic expansion, but also enable us to fully leverage the benefits of the category-leading 737-8 with its unparalleled range as we prepare our foray into international travel,” said Vinay Dube, founder and CEO of Akasa Air. “The 737-8’s fuel efficiency and lower carbon emissions enable us to continue to focus on sustainable operations while offering our environmentally conscious passengers a more comfortable way to fly. Sustainability is at the heart of our business and we strive to find further ways to reduce our impact on the environment.” 

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Winter 2023/24: Wizz Air takes on Budapest-Spinx International

Amely Mizzi June 21, 2023 13:08

In the 2023/24 winter flight schedule, the low-cost airline Wizz Air will expand its Egypt offering from Budapest. From October 30, 2023, a new non-stop connection to Spinx International Airport will be offered. This will be marketed as "Cairo". Budapest already has existing connections to Cairo, but with the launch of the new ULCC connection on the Egyptian market, the first low-cost connection to Egypt's largest city will be established. In addition to the existing connections to Cairo, Hurghada and Sharm El Sheikh, with the launch of the new Wizz Air connection, Budapest will offer 23 flights per week with more than 24 individual seats to Egypt in the winter months of 13 and 2.400.

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Air Baltic: Paris, Amsterdam and Vienna in high demand

Amely Mizzi June 21, 2023 11:08

According to Air Baltic, the destinations Paris-Charles de Gaulle, Amsterdam and Vienna were particularly in demand from Riga in May 2023. These destinations are very popular with both leisure and business travelers. In addition to these destinations, Air Baltic flights to London, Milan, Berlin and Tampere are also among the most popular routes from Riga in May. The carrier has aircraft stationed in Riga, Tallinn, Vilnius and Tampere. In winter 2023/24, two Airbus A220-300s will also be stationed in Las Palmas.

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Amsterdam: Project seventh runway finally discarded

Amely Mizzi June 21, 2023 09:06

A seventh runway was actually supposed to be built at Amsterdam-Schiphol Airport. This was supposed to be built parallel to the existing Kaagbaan (06/24). The project has now been finally scrapped. Transport Minister Harbers announced that the project will not be implemented because a new analysis has concluded that the revenue would not exceed the construction costs of the planned runway. Furthermore, there would be no significant noise benefits for the population, as it would only result in a relocation. The corresponding land reservation has been cancelled. The Schiphol Group welcomes the decision.

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Matthias Düllmann becomes the new SR-Technics boss

Amely Mizzi June 21, 2023 07:04

Effective July 1, 2023, SR Technics will have a new boss, Matthias Düllmann. The manager has been working for the maintenance company since 2017 and was most recently Chief Financial Officer. Düllmann succeeds Marc Lenz, who, according to a media statement, will continue to work for the former Swissair subsidiary. Specifically, he will perform a part-time advisory role.

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Lufthansa Group to introduce “voucher accounts”

Amely Mizzi June 21, 2023 06:35

At the beginning of the Corona pandemic, numerous airlines deliberately delayed refunds and, where appropriate, compensation for cancelled flights. Some providers tried to fob off their customers with vouchers and even brazenly claimed that there was no other option and that the EU Commission had determined it that way. A blatant lie that has brought one or two providers complaints from consumer protection organizations. Some airlines, including Wizz Air, have been taking the approach for some time now of first crediting a customer account with refund claims. There is also a 20 percent bonus, which can be quite attractive at first glance. But only if you intend to book with Wizz Air again. Reimbursing the credit from the customer account - minus the 20 percent bonus - can be extremely complicated and, in particular, time-consuming. The low-cost airline does not make it easy for customers, because the relevant form is very well hidden. This can then mean waiting for weeks and, if necessary, repeated pressure by email and/or telephone. Other airlines also offer such “wallets”. The advantages for the providers are obvious, because in the event of a refund claim, the money is credited more or less automatically. Many providers also offer a small bonus, so the “real money” stays in the company’s coffers. They also claim that they have complied with the legal obligation to refund within seven days, because after all, they can use it to pay for tickets or additional services. But with Wizz Air, it is not really real money, because the credit can only be used if

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