ARC NEWS
Grounded Jet Airways remains in the red
August 15, 2022
Indian carrier Jet Airways made a pre-tax loss of Rs3.9 billion ($49 million) in the first quarter of fiscal 2023, widening from a loss of Rs1.29 billion in the same period last year. For the three months ended 30 June, revenue from operations fell 83% year on year to Rs125 million, the airline says in an unaudited standalone financial results statement filed to the Bombay Stock Exchange. Total income decreased 83% to Rs131 million. Total expenses reached Rs4.03 billion, up 98% from Rs2.04 billion in the year-ago quarter. The company states: "Due to temporary suspension of operations and ongoing revival of the company, it is not feasible to determine the amount of impairment in its entirety, if any, which would have been required to be done in the net book value of the aircraft, engines and spare parts classified as tangible assets and intangible assets in ‘property, plant and equipment’.” Jet Airways has been grounded since April 2019. In May 2022, the airline received its revalidated air operator certificate (AOC) from India’s Directorate General of Civil Aviation, which would enable it to resume its scheduled commercial operations in India. Then, the airline said it intends to restart commercial operations in the third quarter of 2022.


​Emirates to refurbish cabins on over 120 aircraft
August 12, 2022
Emirates is preparing a cabin refurbishment programme for more than 120 aircraft as part of a $2 billion investment to enhance inflight customer experience. The airline will install for the first time premium economy seats on 120 aircraft as part of the effort. Other new features will include new or reupholstered seats, new panelling and flooring, the Middle Eastern carrier says. Every cabin class will be refreshed, it adds. Emirates notes it will be the only Middle Eastern airline to offer premium economy. Planning work and trials have begun for the programme. The first aircraft is scheduled for retrofitting at Emirates' engineering centre in November. Data shows Emirates' passenger fleet comprises 124 Boeing 777-300ERs, 10 777-200LRs and 121 Airbus A380s. Of these, 73 A380s are listed as being in storage.


​Heathrow July passengers top 6 million
August 12, 2022
London Heathrow airport processed nearly three times more passengers in July than in the same month last year, as 6.3 million travellers moved through the hub – about four-fifths of the pre-pandemic figure. Heathrow expects that 16 million passengers will use the airport between July and September. It has come in for criticism from airlines and passengers on account of delays and disruption to passengers through the spring and summer. It implemented a 100,000-passenger daily cap in July, in a bid to minimise problems. Airlines have complained that this severely constrains their ability to operate. Placing the blame for the problems on airlines, the airport cites a lack of capacity in ground-handling operations. "Integral to increasing the departing passenger cap is increasing airline ground-handler capacity and resilience, and we have initiated a review of ground handling to support that objective," says Heathrow. In late July it estimated that ground-handler capacity remained at around 70% of pre-pandemic levels, having not increased since January – a situation that forced it to put in place the passenger limit earlier this summer. "The cap on departing passenger numbers has delivered improvements to passenger experience, with fewer last-minute flight cancellations, better aircraft punctuality and baggage delivery," it notes. It adds that the number of security staff at the facility has returned to pre-pandemic levels, enabling 88% of passengers to clear security within 20min. Heathrow previously stated that the passenger cap would remain in place until airline are able to staff up their ground-handler operations. The airport's relationships with many of its airlines have been increasingly acrimonious since the passenger cap was put in place. Last month, Emirates Airline president Tim Clark accused Heathrow of urging it to abandon passengers at check-in as part of its drive to reduce traveller numbers, as well as issuing last-minute demands to cancel services and threats of legal action. "We said: 'We can't do this, we won't do this,"" he said during the Farnborough air show. IATA director general Willie Walsh, speaking at the same event, said: "They're a bunch of idiots... They don't know how to run an airport."


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