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Airlines in trouble
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SleeperService



Joined: 02 May 2011
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Location: Nottingham UK

PostPosted: Thu Aug 23, 2012 9:27 am    Post subject: Reply with quote

And trouble ahead for another

http://www.bbc.co.uk/news/business-19352412

the cancellation of new aircraft is telling, Quantas has a very good reputation in the industry so if they're struggling others may be in worse condition but hiding it better.
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emordnilap



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PostPosted: Thu Aug 23, 2012 11:02 am    Post subject: Reply with quote

I recently read a story about the latest in aircraft (whatever's the current flavour), a real upbeat piece, "orders for 1,000 with deliveries starting 2015" and I thought, yeah, yeah, here we go, we'll see.

I reckon airlines and their suppliers, despite their massive subsidies, will be queuing up for more bail-outs next.
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PS_RalphW



Joined: 24 Nov 2005
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PostPosted: Wed Sep 12, 2012 2:11 pm    Post subject: Reply with quote

EU is wavering and looks likely to cave in to US/Chinese pressure to drop carbon charges on aviation.


http://www.guardian.co.uk/environment/2012/sep/12/europe-airline-emissions-charge
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kenneal - lagger
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PostPosted: Wed Sep 12, 2012 5:15 pm    Post subject: Reply with quote

Increase landing charges instead.
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UndercoverElephant



Joined: 10 Mar 2008
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Location: south east England

PostPosted: Wed Sep 12, 2012 5:22 pm    Post subject: Reply with quote

http://www.bloomberg.com/news/2012-09-11/white-elephants-land-in-berlin-as-jumbo-jet-sales-dwindle.html
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biffvernon



Joined: 24 Nov 2005
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PostPosted: Wed Sep 12, 2012 11:11 pm    Post subject: Reply with quote

Quote:
The two manufacturers, which are presenting their biggest planes at the same venue for the first time in more than a year, remain confident they will overcome the lull, and that the success of aircraft programs is measured in decades.
One or two or three years in which the demand for very large aircraft is not so strong does not mean you can prematurely call the end of such aircraft, Tom Enders, chief executive officer of Airbus parent European Aeronautic, Defence & Space Co., said in an interview in Berlin.


I wonder what the oil price will be 'in decades'.
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JohnB



Joined: 22 May 2006
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PostPosted: Wed Sep 12, 2012 11:23 pm    Post subject: Reply with quote

biffvernon wrote:
Quote:
The two manufacturers, which are presenting their biggest planes at the same venue for the first time in more than a year, remain confident they will overcome the lull, and that the success of aircraft programs is measured in decades.
One or two or three years in which the demand for very large aircraft is not so strong does not mean you can prematurely call the end of such aircraft, Tom Enders, chief executive officer of Airbus parent European Aeronautic, Defence & Space Co., said in an interview in Berlin.


I wonder what the oil price will be 'in decades'.

Is that related to the proposed merger of BAE and EADS?
http://www.bbc.co.uk/news/business-19576907
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kenneal - lagger
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PostPosted: Thu Sep 13, 2012 2:19 am    Post subject: Reply with quote

A larger take up of super jumbos would decrease the pressure for more runways so the above news is not good. Although if it heralds negative growth in the airline industry it is good.
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adam2
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PostPosted: Fri Oct 05, 2012 5:09 pm    Post subject: Reply with quote

More
http://www.bbc.co.uk/news/world-asia-india-19840425
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adam2
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PostPosted: Mon Jun 01, 2015 11:52 am    Post subject: Reply with quote

And another
http://www.bbc.co.uk/news/business-32955818
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PS_RalphW



Joined: 24 Nov 2005
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PostPosted: Mon Jun 01, 2015 1:00 pm    Post subject: Reply with quote

This is a special case - they have suffered two major disasters in quick succession, and they have lost the confidence of the their primary market. Neither incident appears to have been accidental.

I suspect that there are major political factors not being mentioned in the MSM in this area - Malaysia is very much China's back yard and there is a lot of racial tension in the country.

I am sure it used to be standard practice for national airlines to be technically bankrupt and to be bailed out by creative accounting in many countries for decades.
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