Economy Class & Beyond

Kingfisher – a proposed rescue?

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It seems the torrid time that Kingfisher Airlines is having is just getting worse. Kingfisher is considering proposals to cut it's debt pile by 50% - from $1.3 Billion. This involves: Selling off property Disposal of assets Modifying loans from the parent company (Kingfisher Group) Changing leasing terms on it's aircraft. Cutting non-income making routes and … [Read more...]

BMI… A bucketful of losses….

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The Telegraph has been eyeing what state BMI is in and what it could be worth.. and the losses it could be stemming. And the numbers don't make good reading.... BMI is on target to loose £145 million this year, with the liabilities that remain at a staggering £362 million. It seems that Morgan Stanley did the numbers, and it didn't turn out what they expected with the … [Read more...]

Emirates go and order another 50 planes…

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Emirates have kicked off the Dubai Airshow in style, with an order from Boeing for a grand total of 50 (Yes, 50) Boeing 777-300ER's At list, the order is worth $18 Billion. Knowing Emirates, they probably got a knock-down on that price. Sheikh Ahmed bin Saeed Al Maktoum, chairman and CEO of Emirates states "The 777's reliability, performance and operating economics have … [Read more...]

Airplane Art – United Airlines Boeing 757-200

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It's Sunday again so it must be time for some Airplane Art. This week, it's an United Airlines Boeing 757-200 in the "new" colours taxing at Chicago O'Hare International Airport. With the next trip oncomming, I may have more than my fill of 757's soon... More Airplane art of course next week! … [Read more...]

IAG on BMI Miles – We can’t tell you anything yet…

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Simon Calder of The Independent  has been writing about the changes about British Airways and Airmiles are making with the jump to Avios. But there is one nugget of information about BMI Diamond Club and it's future if IAG complete the purchase of BMI. And here it is in completion. "At this stage, IAG has signed a letter of intent to buy BMI and it is hoped that the deal … [Read more...]

Kingfisher… floundering?

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It seems that the airline Kingfisher is foundering. Quite badly. On Friday, Kingfisher cancelled more flights, and its shares sunk on it revealing it is almost $1.2billion in debt, and is trying to raise cash. The founder - Vijay Mallya - insists the airline will not close, but will rationalise itself and reconfigure itself. And that could be too little too late with … [Read more...]

Remembrance Day

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I’ll take a moment to stop yattering about A380′s, Boeing 787's, Mad aircraft deployments and all the normal stuff that I talk about about - to talk about something a bit more important today - Remembrance Day. If it was not for those people who have given their lives in conflicts around the world, it would simply be not possible to travel the world in freedom we expect … [Read more...]