newstodate.aero
Sep 17, 2012 (newstodate): The Faroe Islands carrier Atlantic Airways is happy with its new Airbus A319 aircraft, delivered in March 2012.
But - phasing in a new aircraft took a toll on the company's profits and results in the first half of 2012.
-The main explanatory factors for the lower result in Q2 are higher capital costs because of the new Airbus 319, and lower contribution from charter and ACMI activity in Europe, the company says.
-The phase-in of the new fixed-wing aircraft type has been successfully completed. The operation meets expectations and supports a lower unit cost, but traffic development in Q 2 was lower then expected and resulted in a lower load factor while fuel and dollar cost increased.
-In general the experience from the first four months is positive, however a full-year cycle will provide a better understanding of the overall impact.
-We have not seen the full impact yet but improved regularity, enhanced safety, greater comfort, new destinations, reduced CO2 emissions and lower unit costs are some of the benefits we will optimise in the future, the company says.
But - phasing in a new aircraft took a toll on the company's profits and results in the first half of 2012.
-The main explanatory factors for the lower result in Q2 are higher capital costs because of the new Airbus 319, and lower contribution from charter and ACMI activity in Europe, the company says.
-The phase-in of the new fixed-wing aircraft type has been successfully completed. The operation meets expectations and supports a lower unit cost, but traffic development in Q 2 was lower then expected and resulted in a lower load factor while fuel and dollar cost increased.
-In general the experience from the first four months is positive, however a full-year cycle will provide a better understanding of the overall impact.
-We have not seen the full impact yet but improved regularity, enhanced safety, greater comfort, new destinations, reduced CO2 emissions and lower unit costs are some of the benefits we will optimise in the future, the company says.