International growth pushes Jeju Air Q1 profit up 25%

FlightGlobal | May 07, 2019

International growth pushes Jeju Air Q1 profit up 25%
Jeju Air has pointed to solid growth of its international network as the key driver of a 25% increase in its first quarter operating profit to a record KRW57.8 billion ($49.5 million). Revenue for the three months to the end of March rose 27% to W391 billion, driven by growth in its Chinese and Southeast Asian networks, and aided by a 3% rise in yield on domestic services. The carrier commented that the increase in revenue was influenced by the peak season and its “optimal route portfolio”. Net profit was up 18% to W42.6 billion, as foreign currency charges took some of the shine off the operating result. ASKs for the budget airline rose a whopping 30.1% as it added eight aircraft to its fleet and increased utilisation to 14.4 hours per aircraft. However, RPK growth of 27.5% resulted in a modest 1.5-point fall in load factor to an otherwise impressive 90.4%.

Spotlight

1923 Eddie Martin Airport Eddie Martin opened Eddie Martin Airport as well as a flying school and established Martin Aviation after signing a five-year lease with the Irvine Company. 1939 SNA Designator Eddie Martin Airport was acquired by the County of Orange, became a public airport and received the designator SNA (after Santa Ana) by the FAA.


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Optimization of Air Cargo Handling Processes thanks to AI and Telematics

INFORM Institut für Operations Research und Management GmbH | May 19, 2020

Keeping track of unit load devices (ULDs), containers, and dollies has been a major challenge for ground handlers over the years. The difficulty that involves gathering real-time information on the status of such assets has led to several inefficiencies when trying to control them. The result: Excessive costs due to inadequate manpower and ground support equipment (GSE) allocation. To address this problematic, INFORM GmbH teamed up with Blumenbecker Technik GmbH. In a joint effort, they developed the industry’s first solution that facilitates managing and maintaining dolly fleets. This smart tool helps to answer the most critical operational questions: Where exactly is the ground support equipment located? What are the current maintenance requirements? To what extent is the overall dolly fleet being used? How does it work? By combining AI and telematics, ground handlers can track and locate every ULD and dolly on the apron within seconds. This allows operators to plan and manage their GSE´s capacity utilization based on the respective task more optimally.

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test Q&A WITH ED BREAULT

aprimo | March 31, 2020

MEDIA 7: What’s your superpower? ED BREAULT: I would say it’s applying the full spectrum of art and science that is required in marketing today. Not just left or right brained, but whole-brained strategy. Being human yet data-driven and really understanding numbers and (the right) metrics to make connections to business drivers. Add storytelling to that, so I can effectively communicate to my team, the CEO and CFO as well as my Board of Directors on those metrics, and connecting all that we are doing in marketing to the mission of the business. Then quickly shifting gears to the art and creative aspects of marketing that are required to engage an audience and tell great commercial stories that take complex concepts and craft them in a way that is interesting for people to pay attention to. I have to be the ultimate point of truth for the brand.

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ATPCO introduces new Reassurance UPAs at no cost to airlines

TravelDailyNews International | April 08, 2020

ATPCO has embarked on a pro-bono initiative to help airlines, sales channels, and people who fly, and we thought you might be interested in knowing about it. While most airlines have cut back schedules significantly or are even grounded at the moment, it’s a fluid situation. There are still many flights operating, some scheduled flights are being brought back into operation already, and there is still flight shopping for the future. Those traveling now - and those who will fly again in the future - are rightfully concerned about their health and safety when they travel. ATPCO saw an urgent need to help convey the measures airlines are taking to protect passengers when they are considering flights to purchase.

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ExpressJet Airlines Reaches New Contract Agreement with Flight Attendants

Aviation Pros | March 11, 2020

ExpressJet Airlines announced that a new four year collective bargaining agreement (CBA) went into effect on Mar. 9, covering the airline's Flight Attendants represented by the International Association of Machinists and Aerospace Workers, AFL-CIO. The new agreement, implemented following the conclusion of an arbitration proceeding, includes wage increases for the Flight Attendants and combines two previously separate work groups into one seniority list and contract.

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Spotlight

1923 Eddie Martin Airport Eddie Martin opened Eddie Martin Airport as well as a flying school and established Martin Aviation after signing a five-year lease with the Irvine Company. 1939 SNA Designator Eddie Martin Airport was acquired by the County of Orange, became a public airport and received the designator SNA (after Santa Ana) by the FAA.

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