Lufthansa Technik signed a 10-year agreement with Japan Airlines to provide component support for JAL’s new fleet of Boeing 787s. The Germany-based company will support all 35 aircraft currently on order. The contract calls for Lufthansa Technik to provide material support, including repairs and logistics services.
Developments planned by Australia’s Qantas Airways and American Airlines demonstrate membership benefits for global alliance partners seeking to rationalize operations while improving competitiveness. The operators belong to Oneworld, whose members include British Airways (BA), Chile’s LAN, Iberia, and Japan Airlines (JAL), with Malaysia Airlines waiting in the wings.
In a bid to resuscitate “steadily fading” overseas operations, Australia’s Qantas Airways plans to make 1,000 domestic jobs redundant, defer Airbus A380 (and possibly some Boeing 787) deliveries, retire some Boeing 747-400s, and replace some long-haul services with code-sharing flights.
Japan Airlines exited bankruptcy today, after the Tokyo District Court found that JAL had repaid more than two thirds of the monetary claims listed in a reorganization plan.
Airlines are starting to count the financial cost of the earthquake and tsunami that devastated large areas of northeastern Japan on March 11. The International Air Transport Association has warned of a “major slowdown” for airlines operating in the Japanese market and says that this is unlikely to recover before the second half of 2011.
This year will likely be an improvement on 2009 for airlines in this part of the world but it won’t mean a quick return to profitability, according to Andrew Herdman, director general of the Association of Asia Pacific Airlines (AAPA). But the substantial losses the group’s members have suffered in the last two years should at least be reduced, he told AIN in an interview ahead of this week’s Singapore Airshow.
Japan Airlines (JAL) filed for bankruptcy on January 19, hammering home a sobering lesson for air carriers worldwide that the industry’s latest crisis is far from over–despite tentative recovery in traffic volumes.
Boeing is “assessing the market viability of the 787-3” after the only remaining customer for the type, Japan’s All Nippon Airways (ANA), converted its order for 28 of the planned high-density, short-range version of the 787 Dreamliner to an order for the same number of 787-8s.
Japan’s All Nippon Airways has placed an order for four 74-seat Bombardier Dash 8Q-400s, the first of which it plans to place into service next fall. The estimated $80 million deal will allow ANA to augment a 115-nm route between the western cities of Kochi and Osaka, where the group controls unused slots for propeller airplanes at Itami Airport.
Airlines in the Asia Pacific region have become key global players and should have a greater say in industry issues, according to Andrew Herdman, director general of the Association of Asia Pacific Airlines (AAPA). “The growing influence of Asia Pacific needs to be matched by stronger engagement in key international policy issues,” he told AIN.