Official Monthly Bulletin of AACO

Total Page:16

File Type:pdf, Size:1020Kb

Official Monthly Bulletin of AACO Issue 98 - May 2015 Official Monthly Bulletin of AACO Arab world marks an increase of 1.3% AVIATION WITHIN THE ARAB WORLD GLOBAL ARAB AVIATION in March 2015 in international passenger numbers - p. 9 GROWTH p: 12 SPREADING OUT p: 26 PARTNER AIRLINES p: 48 - 59 ARAB AIRLINES ECONOMICS p: 13 COLLABORATION p: 34 INDUSTRY PARTNERS p: 60 - 85 Dubai ruler issues law on aviation safety in the emirate - p. 37 NEW APPOINTMENTS p: 14 ENVIRONMENT p: 36 AACO & RTC CALENDARS p: 86 - 89 EXPANSION p: 15 REGULATORY TONE p: 37 AACO MEMBERS & PARTNERS p: 90 - 93 Qatar hosts 3rd DGCA-MID meeting - LAURELS p: 18 AN AVIATION MARKET p. 44 IN FOCUS: AUSTRIA p: 42 TECHNOLOGY & E-COMMERCE p: 20 WORLD NEWS p: 44 MRO p: 21 ARAB AIRPORTS p: 21 Daily news on www.aaco.org Issue 98 - May 2015 A number of Arab states wit- In the UAE, Emirates announced a USD 9.2 billion deal with Roll- nessed developments in their air Royce for Trent 900 engines and a long-term TotalCare package for transport sectors during the past the 50 A380s that were ordered at Dubai Air Show in 2013 and which period, be it on the airlines’ or will start entering into service in 2016. On the other hand, Etihad airports’ levels. In Algeria, Air Al- Airways signed with OEMServices a 10-year A380 MRO deal for the gerie revealed its plans to launch provision of component pool and repair services for its A380 aircraft. a new cargo subsidiary with the Meanwhile, flydubai has placed new orders for the Recaro seat to arrival of two B737-700Cs in May equip the latest B737-800 aircraft deliveries starting in February 2016. and September 2016. The carrier has also received the regulatory In Qatar, Qatar Airways Group received 4 new A320s for Al Maha Air- approvals to establish four new ways. The four latest generation A320 aircraft, which carry the green subsidiaries as joint stock compa- Al Maha livery, will join the Qatar Airways’ fleet and operate on the nies which, aside from cargo, will airline’s key destinations across the Middle East, prior to the com- also see a catering firm, a ground mencement of operations of Al Maha Airways. handling firm, and an MRO firm Foreword being established. Also, Tassili In the Kingdom of Saudi Arabia, Saudia Airlines Cargo Company re- Airlines is seeking to continue ceived a new Boeing 777F aircraft, bringing the company’s fleet to 13 expanding its international reach aircraft. Three more B777F aircraft are expected to join its fleet be- from Houari Boumediene Airport fore the end of 2015. Saudia has also launched its second version of with plans to operate to further its mobile application, besides launching SAUDIA Connect app for IOS four destinations in France, which operating systems. The airline adopted new baggage handling solu- are: Lyon, Montpellier, Nantes, tions, Separately, flynas announced that it will be adding 2 A320s in and Metz. 2015; the first of the two aircraft will enter service in June 2015, to be joined by the second one in October. Moreover, flynas success- In Jordan, the net loss of Royal fully upgraded its Navitaire New Skies reservation system to introduce Jordanian went down by 64% in new features. Also, on 12 April the new Prince Muhammad Bin Abdul the first three months of 2015, Aziz International Airport in Madinah started its test run operations. compared to the same period in The airport, occupying an area of 4 million square meters, was built 2014. Meanwhile, Air Arabia Jor- at a cost of USD 1.4 billion. Moreover, King Fahd International Air- dan announced that it will com- port (KFIA) officially unveiled its “Cargo Village”. The Cargo Village is mence operations on 18 May spread over half a million square meters. from its Amman Queen Alia Inter- national Airport base with its in- In Oman, Oman Air is in the process of phasing out its ATR 42 and augural flight taking off to Kuwait E175 aircraft. The first ATR aircraft was taken out from service on 29 city, followed by the launch of March 2015, with the rest of these types to be phased out by late regular scheduled services to Jed- 2015 or early 2016. dah, Erbil and Sharm El Sheikh. Daily news on www.aaco.org Issue 98 - May 2015 5 Aviation in the Arab World During the past month more connections were added by AACO mem- bers to link a number of Arab cities. In addition, Gatwick, Dhaka, Kol- kata, Zurich, London, Entebbe, Lar, Novosibirsk, Nizhniy Novgorod, Ankara, Zagreb, Athens, and Larnaca are all now served by additional connections provided by Arab airlines. More details on the intra-Arab and extra-Arab new services are available on pages 15 and 27 respec- tively. The relations between AACO members and other carriers were en- hanced in the past month. Oman Air launched a new codeshare agreement with KLM Royal Dutch Airlines, which enables Oman Air’s customers to book onto flights operated by KLM between Muscat and Amsterdam; and has also engaged in a joint venture agreement with Cargolux. Qatar Airways strengthened its relationship with fellow oneworld member S7 Airlines, with the implementation of additional codeshare routes across its network. It is noteworthy to mention that AACO is facilitating bilateral meetings between AACO member airlines on 31 May – 2 June 2015 at Routes Middle East & Africa 2015 in Bah- rain where member airlines will have the opportunity to bilaterally discuss various commercial agreements during the 3-day event. For more information on regulatory issues and the developments at the global level please go to pages 37 and 44 respectively. We focus on the Austrian aviation market in this issue. With a popula- tion of 8.58 million people, more than 25.9 million passengers used Austrian airports in 2014, creating a ratio of 3.02:1 of passengers to population. The Austrian aviation market linked 155 cities worldwide in March 2015, whereby the highest share of traffic of Austria is with Europe (more than 84.5% of total traffic share within Europe) with Frankfurt-Vienna city pair having the highest number of seats offered from Austria in March 2015. More details are available on page 42. THIS PAGE HAS BEEN LEFT BLANK ON PURPOSE Daily news on www.aaco.org Issue 98 - May 2015 7 Aviation in the Arab World Happened in 1965 OVERALL TRAFFIC - ARAB WORLD On 25 August 1965 the bylaws of AACO were signed We estimate international passenger numbers to, from, & within the by the following member airlines, at that time: Arab world to have grown by 1.3% in March 2015 compared to March • Royal Jordanian 2014, which follows an increase of 2% in February 2015 compared to • Sudan Airways February 2014. • Iraqi Airways Monthly International Passenger Numbers' Change To, From and Within the Arab World • Saudia Apr14 to Mar15* compared to same month in previous year • Syrian Arab Airlines 14% • United Arab Airlines 12% • Misrair 10% • Yemenia 8% • Kuwait Airways 6% • Middle East Airlines 4% • Air Liban 2% • Lebanese International Airways 0% • Trans Mediterranean Airways Apr-14 Jul-14 Jun-14 May-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 An advertisement for MEA during its 20th anniversary: Mar-15* “Now! 3 daily flights to Jerusalem” Effect of Ramadan YoY Growth 12-Month Average Growth Source: AACO, IATA *Estimated In March 2015, AACO members increased the number of their offered seats to, from, and within the Arab world by 8.1%, while other air- lines increased their number of seats offered by 4.9%, leading to 7.3% year-on-year increase in the total number of seats offered. Daily news on www.aaco.org Issue 98 - May 2015 9 AVIATION WITHIN THE ARAB WORLD Aviation in the Arab World GROWTH Monthly International Passenger Numbers' Change Within the Arab World Apr14 to Mar15* compared to same month in previous year PASSENGER TRAFFIC International passenger numbers within the Arab world are estimated to have 20% shrunk by (1.4%) in March 2015 compared to March 2014. This follows a de- crease of (6.4%) in February 2015 over February 2014. 15% However, the recent developments that are taking place in Libya are behind 10% the decrease in passenger traffic within North Africa, as highlighted below. 5% Passenger traffic within the Arab World Mar 15* over Mar 14 0% Within Arabian Peninsula 3.9% -5% Within Near East (14.6%) Within North Africa (38.7%) -10% Between Arabian Peninsula & Near East 5.4% Between the Near East and North Africa (24.6%) Between Arabian Peninsula & North Africa (10.6%) YoY Growth 12-Month Average Growth Source: AACO, IATA *Estimated Source: AACO, IATA *Estimated International Passenger Numbers' Change Within the Arab World Dec14-Feb15 & Jan15-Mar15* compared to same period in previous year ARAB AIRLINES ECONOMICS 20% Air Algerie to launch cargo subsidiary during Q3 2016: Air Algerie will launch 10% its planned new cargo subsidiary with the arrival of two B737-700Cs in May 0% and September 2016 CEO Mr. Mohamed Salah Boultif told an investor’s forum organized by the Liberté Algérie newspaper. within within N East -10% Arabian Pen within N N East N East N As part of the carrier’s restructuring programme, Mr. Boultif said the govern- Africa N Africa Arabian Pen Africa -20% Arabian Pen ment’s state-enterprises regulatory commission (Conseil des Participations de l’État - CPE) had given their approval to the founding of Air Algérie’s four new -30% subsidiaries which, aside from cargo, will also see a catering firm, a ground -40% handling firm, and an MRO firm being established.
Recommended publications
  • IATA CLEARING HOUSE PAGE 1 of 21 2021-09-08 14:22 EST Member List Report
    IATA CLEARING HOUSE PAGE 1 OF 21 2021-09-08 14:22 EST Member List Report AGREEMENT : Standard PERIOD: P01 September 2021 MEMBER CODE MEMBER NAME ZONE STATUS CATEGORY XB-B72 "INTERAVIA" LIMITED LIABILITY COMPANY B Live Associate Member FV-195 "ROSSIYA AIRLINES" JSC D Live IATA Airline 2I-681 21 AIR LLC C Live ACH XD-A39 617436 BC LTD DBA FREIGHTLINK EXPRESS C Live ACH 4O-837 ABC AEROLINEAS S.A. DE C.V. B Suspended Non-IATA Airline M3-549 ABSA - AEROLINHAS BRASILEIRAS S.A. C Live ACH XB-B11 ACCELYA AMERICA B Live Associate Member XB-B81 ACCELYA FRANCE S.A.S D Live Associate Member XB-B05 ACCELYA MIDDLE EAST FZE B Live Associate Member XB-B40 ACCELYA SOLUTIONS AMERICAS INC B Live Associate Member XB-B52 ACCELYA SOLUTIONS INDIA LTD. D Live Associate Member XB-B28 ACCELYA SOLUTIONS UK LIMITED A Live Associate Member XB-B70 ACCELYA UK LIMITED A Live Associate Member XB-B86 ACCELYA WORLD, S.L.U D Live Associate Member 9B-450 ACCESRAIL AND PARTNER RAILWAYS D Live Associate Member XB-280 ACCOUNTING CENTRE OF CHINA AVIATION B Live Associate Member XB-M30 ACNA D Live Associate Member XB-B31 ADB SAFEGATE AIRPORT SYSTEMS UK LTD. A Live Associate Member JP-165 ADRIA AIRWAYS D.O.O. D Suspended Non-IATA Airline A3-390 AEGEAN AIRLINES S.A. D Live IATA Airline KH-687 AEKO KULA LLC C Live ACH EI-053 AER LINGUS LIMITED B Live IATA Airline XB-B74 AERCAP HOLDINGS NV B Live Associate Member 7T-144 AERO EXPRESS DEL ECUADOR - TRANS AM B Live Non-IATA Airline XB-B13 AERO INDUSTRIAL SALES COMPANY B Live Associate Member P5-845 AERO REPUBLICA S.A.
    [Show full text]
  • Air Accident Investigation Sector Failure of the Integrated Primary
    Air Accident Investigation Sector Incident - Summary Report - o AAIS Case N AIFN/0010/2015 Failure of the Integrated Primary Computer Operator: Rotana Jet Make and Model: Embraer EMB-145MP Nationality and Registration: The United Arab Emirates, A6-RRA Place of Occurrence: Inflight State of Occurrence: Oman Date of Occurrence: 12 September 2015 Investigation Objective This Investigation is performed pursuant to the - (Aircraft) - the aircraft involved in this United Arab Emirates (UAE) Federal Act 20 of 1991, incident promulgating the Civil Aviation Law, Chapter VII- - (Investigation) - the investigation into Aircraft Accidents, Article 48. It is in compliance with this incident Part VI, Chapter 3 of the UAE Civil Aviation Regulations, in conformity with Annex 13 to the - (Incident) - this investigated incident Convention on International Civil Aviation, and in - (Report) - this incident investigation adherence to the Air Accidents and Incidents Final Report. Investigation Manual. 2 Unless otherwise mentioned, all times in this The sole objective of this Investigation is to Report are Coordinated Universal Time prevent aircraft accidents and incidents. It is not the (UTC), (UAE Local Time minus 4). purpose of this activity to apportion blame or liability. 3 Photos used in this Report are taken from different sources and are adjusted from the Investigation Process original for the sole purpose of improving the clarity of the Report. Modifications to images The occurrence, involving Embraer EMB-145MP used in this Report are limited to cropping, passenger Aircraft, registration A6-RRA, came to the magnification, file compression, or attention of the AAIS through routine review of the enhancement of color, brightness, contrast General Civil Aviation Authority (GCAA) mandatory or insertion of text boxes, arrows or lines.
    [Show full text]
  • Attachment F – Participants in the Agreement
    Revenue Accounting Manual B16 ATTACHMENT F – PARTICIPANTS IN THE AGREEMENT 1. TABULATION OF PARTICIPANTS 0B 475 BLUE AIR AIRLINE MANAGEMENT SOLUTIONS S.R.L. 1A A79 AMADEUS IT GROUP SA 1B A76 SABRE ASIA PACIFIC PTE. LTD. 1G A73 Travelport International Operations Limited 1S A01 SABRE INC. 2D 54 EASTERN AIRLINES, LLC 2I 156 STAR UP S.A. 2I 681 21 AIR LLC 2J 226 AIR BURKINA 2K 547 AEROLINEAS GALAPAGOS S.A. AEROGAL 2T 212 TIMBIS AIR SERVICES 2V 554 AMTRAK 3B 383 Transportes Interilhas de Cabo Verde, Sociedade Unipessoal, SA 3E 122 MULTI-AERO, INC. DBA AIR CHOICE ONE 3J 535 Jubba Airways Limited 3K 375 JETSTAR ASIA AIRWAYS PTE LTD 3L 049 AIR ARABIA ABDU DHABI 3M 449 SILVER AIRWAYS CORP. 3S 875 CAIRE DBA AIR ANTILLES EXPRESS 3U 876 SICHUAN AIRLINES CO. LTD. 3V 756 TNT AIRWAYS S.A. 3X 435 PREMIER TRANS AIRE INC. 4B 184 BOUTIQUE AIR, INC. 4C 035 AEROVIAS DE INTEGRACION REGIONAL 4L 174 LINEAS AEREAS SURAMERICANAS S.A. 4M 469 LAN ARGENTINA S.A. 4N 287 AIR NORTH CHARTER AND TRAINING LTD. 4O 837 ABC AEROLINEAS S.A. DE C.V. 4S 644 SOLAR CARGO, C.A. 4U 051 GERMANWINGS GMBH 4X 805 MERCURY AIR CARGO, INC. 4Z 749 SA AIRLINK 5C 700 C.A.L. CARGO AIRLINES LTD. 5J 203 CEBU PACIFIC AIR 5N 316 JOINT-STOCK COMPANY NORDAVIA - REGIONAL AIRLINES 5O 558 ASL AIRLINES FRANCE 5T 518 CANADIAN NORTH INC. 5U 911 TRANSPORTES AEREOS GUATEMALTECOS S.A. 5X 406 UPS 5Y 369 ATLAS AIR, INC. 50 Standard Agreement For SIS Participation – B16 5Z 225 CEMAIR (PTY) LTD.
    [Show full text]
  • MIDRMA Board/13-WP/6 3/03/2014 International Civil Aviation
    MIDRMA Board/13-WP/6 3/03/2014 International Civil Aviation Organization Middle East Regional Monitoring Agency Board Thirteenth Meeting (MIDRMA Board/13) (Bahrain, 9 –12 March 2014) Agenda Item 4: RVSM Monitoring and Related Technical Issues MID STATES MINIMUM MONITORING REQUIREMENTS (Presented by MIDRMA) SUMMARY The aim of this working paper is to address the RVSM Minimum Monitoring Requirements (MMR) applicable for each MIDRMA Member State. Action by the meeting is at paragraph 3. REFERENCES − ATM/AIM/SAR SG/13 Report − ICAO Doc 9547 − ICAO doc 9937 − ICAO Annex 6 Part I − MIDANPIRG/14 Report − MID RVSM SMR 2012-2013 1. INTRODUCTION 1.1 The height-keeping performance of aircraft is a key element in ensuring the safe operations of RVSM airspace. The RVSM height monitoring standards are considered the minimum requirement needed to maintain the safety of operations in the RVSM designated airspace. 1.2 Upon changes to ICAO Annex 6, Operation of Aircraft, Parts I & II, applicable on 18 November 2010, the following standard was adopted by the International Civil Aviation Organization (ICAO): 7.2.7 The State of the Operator that has issued an RVSM approval to an operator shall establish a requirement which ensures that a minimum of two aeroplanes of each aircraft type grouping of the operator have their height-keeping performance monitored, at least once every two years or within intervals of 1000 flight hours per aeroplane, whichever period is longer. If an operator aircraft type grouping consists of a single aeroplane, monitoring of that aeroplane shall be accomplished within the specified period.
    [Show full text]
  • Saudi Airlines Catering Company Main Prospectus
    Saudi Airlines Catering Company Main Prospectus Sale of 24,600,000 Shares representing 30% of Saudi Airlines Catering Company through an Initial Public Offering at an Offer Price of SAR 54 per Share A Saudi Joint Stock Company with Commercial Registration No. 4030175741 and which was converted into a joint stock company pursuant to the Resolution of the Minister of Commerce and Industry Number. 68/K dated 22/2/1432H (corresponding to 26 January 2011G) Offer Period: 28/7/1433H to 4/8/1433H (corresponding to 18/6/2012G to 24/6/2012G) Saudi Airlines Catering Company ("SACC" or the "Company") was founded as a limited liability company in Saudi Arabia with commercial registration number 4030175741 on 20/1/1429H (corresponding to 29 January 2008G) with a share capital of SAR 100,767,000 divided into 1,007,670 shares of SAR 100 each. The Company was converted into a joint stock company pursuant to the Resolution of the Minister of Commerce and Industry Number 68/K dated 22/2/1432H (corresponding to 26 January 2011G) with a share capital of SAR 100,767,000 divided into 10,076,700 ordinary shares of SAR 10 each. Pursuant to the resolution of the Extraordinary General Assembly held on 14/4/1432H (corresponding to 19 March 2011G), the capital of the Company was increased from SAR 100,767,000 to SAR 820,000,000 divided into 82,000,000 ordinary shares of SAR 10 each (the "Shares") through the capitalisation of (i) SAR 658,791,392 from the Company's retained earnings; (ii) SAR 13,718,428 from the Company's general reserve; and (iii) SAR 46,723,180 from the Company's statutory reserve.
    [Show full text]
  • World Airliner Census 2015
    WORLD AIRLINER CENSUS EXPLANATORY NOTES This census data covers all commercial jet and parentheses in the right-hand column. excluded, unless a confirmed end-user is known – in turboprop-powered transport aircraft in service or on On the Ascend database, an airliner is defined as which case the aircraft is shown against the airline firm order with airlines worldwide, excluding aircraft being “in service” if it is “active” (in other words concerned. Operators’ fleets include leased aircraft. that carry fewer than 14 passengers or equivalent accumulating flying hours). An aircraft is classified as cargo. It records the fleets of Western, Chinese-built “parked” if it is known to be inactive – for example, if and Russia/CIS/Ukraine-built airliners. it is grounded because of airworthiness requirements The tables have been compiled by Flightglobal or in storage – and when flying hours for three Abbreviations Insight using Flightglobal’s Ascend Fleets database. consecutive months are reported as zero. Aircraft AR: advance range (Embraer 170/190/195) The information is correct up to July 2015 and undergoing maintenance or awaiting conversion are C: combi or convertible excludes non-airline operators, such as leasing also counted as being parked. ER: extended range companies and the military. Aircraft are listed in The region is dictated by operator base and does ERF: extended range freighter (747 and 767) alphabetical order, first by manufacturer and then type. not necessarily indicate the area of operation. F: freighter Operators are listed by region, with any aircraft variant Options and letters of intent (where a firm contract LR: long range in brackets next to the operator’s name.
    [Show full text]
  • Security Forces Thwarted Enemy S Nefarious Designs
    Eye on the News [email protected] Truthful, Factual and Unbiased Vol:IX Issue No:324 Price: Afs.15 TUESDAY . JUNE 30 . 2015 -Saratan 09, 1394 HS www.afghanistantimes.af www.facebook.com/ afghanistantimeswww.twitter.com/ afghanistantimes Taliban kill 11 troops in Herat AT News Report KABUL: The Taliban militants in an armed ambush killed at least 11 Afghan National Army (ANA) CEO reacts angrily to the raid, asks NATO for explanation soldiers in which seven militants were also killed, in the western Herat province, officials said AT News Report Monday. The convoy of soldiers, made of pickup trucks, was at- KABUL: Hundreds of people tacked in Karukh district of west- protested on Monday against the ern Herat province yesterday US forces operation in Parwan province, which resulted in a huge morning, Ehsanullah Hayat, blast in an ammunition cache, leav- spokesman for the governor of the ing the residents in panic. Provin- province told Afghanistan Times. KABUL: Acknowledging that neg- of employees of the electronic ID cial police chief, Gen. Zaman Ministry of Defense in Kabul ligence was demonstrated in the department lost their jobs after Mamozai, said the American through a statement confirmed the distribution of electronic identity USAID and European Union (EU) troops raided a house of former incident and said seven militants cards, Chief Executive Officer suspended their funds to the de- jihadi commander, Ahmad Jan, in were also killed and five were in- (CEO) Abdullah Abdullah said he partment. The CEO expressed Bayan village of Charikar. The US jured the clash that lasted for sev- would take up the issue with the concerns about sacking of employ- troops discovered and blew an eral hours.
    [Show full text]
  • Annual Report 2019 Introduction Financial Highlights Our Three Operational Divisions
    Transforming for the journey ahead Annual Report 2019 Introduction Financial highlights Our three Operational Divisions Established in 1981 to Revenue (SAR) provide catering services to the Kingdom’s flag 2.16bn carrier Saudia, Saudi Airlines In-Flight Catering Company (SACC) 2019 2.16bn has blossomed into a broad 2018 2.04bn and diversified enterprise 2017 1.95bn offering a full suite of food and beverage, retail, hospitality, Pay-out ratio Catering and support services to local and international clients. 98.1% Read more about how we are restructuring on page 32. Contents 2019 98.1% 2018 99.1% Overview 2017 94.5% 1 Our Three Operational Divisions Net profit after Zakat Strategic Review and Income Tax (SAR) 4 Chairman’s Statement 6 Year in Review 8 Board of Directors 10 Management Team 463.9m 12 CEO’s Statement Retail 2019 463.9m 16 Our Journey 18 Our Transformation Roadmap 2018 459.3m 2017 481.7m 20 Business Model Read more about how we are 22 SACC Strategy restructuring on page 38. 24 Risk Management Earnings per share (SAR) 28 KPIs 30 Our Operational Divisions at a Glance 32 In-Flight Catering 38 Retail 5.66 44 Catering & Facilities 50 Operations 2019 5.66 52 Financial Review 2018 5.60 Catering 54 Investing in our People 2017 5.87 Corporate Governance Financial Statements 122 Independent Auditors’ Report & Facilities 126 Statement of Financial Position 127 Statement of Profit or Loss and Other Comprehensive Income 128 Statement of Changes in Equity Read more about how we are 129 Statement of Cash Flows restructuring on page 44.
    [Show full text]
  • RASG-MID/6-WP/15 17/08/2017 International Civil Aviation Organization Regional Aviation Safety Group
    RASG-MID/6-WP/15 17/08/2017 International Civil Aviation Organization Regional Aviation Safety Group - Middle East Sixth Meeting (RASG-MID/6) (Bahrain, 26-28 September 2017) Agenda Item 3: Regional Performance Framework for Safety SMS IMPLEMENTATION BY AIR OPERATORS (Presented by IATA) SUMMARY This paper provides the status of SMS implementation by Air operators registered in MID States and provides recommendation for the way forward to complete SMS implementation. Action by the meeting is at paragraph 3. REFERENCES - SST-3 Meeting Report 1. INTRODUCTION 1.1 Currently, implementation of safety management at the Service Provider level is variable, and is proving challenging to put in place the system as intended by Annex 19. 1.2 The MID-SST was established to support the RASG-MID Steering Committee (RSC) in the development, monitoring and implementation of Safety Enhancement Initiatives (SEIs) related to identified safety issues, including implementation of State Safety Programs (SSP) and Safety Management Systems (SMS). 2. DISCUSSION 2.1 The Third meeting of the MID Safety Support Team (MID-SST/3) held in Abu Dhabi, UAE, 10-13, recognized the need to monitor the status of SMS implementation by air operators, maintenance organizations and training organizations involved in flight training; in order to take necessary actions to overcome the challenges faced and to improve safety. 2.2 In this regard, the meeting agreed that IATA with the support of the ICAO MID Office will provide feedback and a plan of actions to address SMS implementation by air operators. RASG-MID/6-WP/15 - 2 - 2.3 The meeting may wish to note that Safety Management Systems (SMS) is an integral part of the IOSA program.
    [Show full text]
  • Royal Jordanian Airlines
    1 | P a g e Table of Contents List of Acronyms …………………………………………………………………..3 1. Investment summary ………………………………………………………..4 2. Industry Analysis …………………………………………………...………6 2.1 Global Airline Industry Overview ……………………………………...6 2.2 Another strong year for aviation ………………………………………..7 2.3 Main two challenges facing airline industry today …………………..…9 2.4 Porter's 5 Forces Analysis …………………………………………….10 3. The Aviation in Middle East ………………………………………………11 3.1 Top ten airlines in the Middle East Market 2015 ……………………..13 3.2 Jordanian Transportation Sector ………………………………………14 4. Company Overview ……………………………………………………….16 4.1 RJ Operating Revenues ………………………………………………..17 4.2 RJ Net Income …………………………………………………………18 4.3 RJ Admin Expenses and Profits ……………………………………….18 4.4 SWOT Analysis ……………………………………………………….19 5. Financial Overview ………………………………………………………..21 6. Gallery……………………………………………………………………...24 7. Outlook and Valuation …………………………………………………….26 7.1 Valuation of RJ ………………………………………………………...27 8. Appendix …………………………………………………………………..28 8.1 Balance Sheet Statement ………………………………………………28 8.2 Income Statement ………………………………………………...........30 8.3 Du Pont Chart ………………………………………………………….31 8.4 Financial Ratios ………………………………………………….........32 8.5 Global Equity Rating …………………………………………………33 8.6 RJ Profit ……………………………………………………………….33 9. References …………………………………………………………………34 2 | P a g e List of Acronyms RJ Royal Jordanian Airlines IATA International Air Transport Association ASE Amman Stock Exchange ATA Air Transportation Association WAA World Airline Awards CAPM Capital Assets Pricing Model WACC Weighted Average Cost of Capital FTK Freight Ton Kilometers RPK Revenue Passenger Kilometers 3 | P a g e 1- Investment Summary: Royal Jordanian Airlines Company (RJ) is the national carrier of Jordan with a fleet comprising of 33 aircrafts, serving a network of around 60 destinations in four continents directly from Amman in addition to more than 700 other world destinations through the network of airlines, who are members of ―Oneworld‖ alliance, in which the company is also a member.
    [Show full text]
  • Invitation to Strategic Alliance: Aviation Group MENA 2017
    Invitation to Strategic Alliance: Aviation Group MENA 2017 Activities 2017 (choose 3) Purpose of alliance The purpose of a Strategic Iran: February 26 to March 1 Alliance is to form a strong • Iman Khomeini Airport Expansion Danish Group of companies • Iran Air purchase of 350+ aircrafts with the current projects of the • IAC expansion of 14 local airports Middle Eastern airlines and airports. Dubai and Abu Dhabi May 15 to 18 • Dubai Airport Show Danish Pavilion As a group the Aviation Group • Visit to Dubai, Abu Dhabi and Sharjah Airports MENA will be pitched by the • Visit to Emirates Airlines, Etihad Airways, Ministry’s commercial advisors AirArabia, Flydubai on a regional scope, and thereby ensure knowledge of Danish Qatar & Kuwait: September 25-28 solutions in coming tenders and • Doha Hamad Airport Expansion projects. • Qatar Airways • Kuwait New Airport and Kuwait Air fleet renewal What’s included • 3 delegation visits Kingdom of Saudi Arabia: December 4-7 • Inclusion in the Trade • King Abdulaziz International Airport (Jeddah) Councils marketing material • King Khalid International Airport (Riyadh) • Newsletter with tenders • Saudia Airlines • Ad hoc events • Flyadeal (Commencing mid 2017) and Al Maha • Direct access to regional advice Potential in the MENA region The Middle East North Africa region is the fastest growing region within aviation and is home to some of the world’s largest airports and largest airlines. There are investments for 50 billion USD in airports and orders for more than 500+ aircrafts Invitation to Strategic Alliance: Registration Activities 2017 (choose 3) Choose focus (1) Iran: February 26 to March 1 Airports Dubai and Abu Dhabi May 15 to 18 Airlines Qatar & Kuwait: September 25-28 Airports and Airlines Kingdom of Saudi Arabia: December 4-7 Price Base price: DKK 23,375.00 for one track excluding external costs (~DKK 7,800 per visit) DKK 30,387.00 for two tracks excluding external costs (~DKK 10,130 per visit) External costs *The external costs for local transportation, receptions etc.
    [Show full text]
  • Lawrie Stays in Hunt for Qatar Treble
    BUSINESS | Page 1 SPORT | Page 12 Lawrie Commercial Bank posts stays in QR1.46bn net INDEX hunt for DOW JONES QE NYMEX QATAR 2 – 14, 34 – 36 COMMENT 32, 33 profi t in 2015 REGION 14 BUSINESS 1 – 9, 13 – 20 Qatar 16,173.64 8,979.50 32.34 ARAB WORLD 15 CLASSIFIED 10 – 13 +6.41 +230.88 +0.89 INTERNATIONAL 16 – 31 SPORTS 1 – 12 +0.04% +2.64% +2.83% treble Latest Figures published in QATAR since 1978 THURSDAY Vol. XXXVI No. 9981 January 28, 2016 Rabia II 18, 1437 AH GULF TIMES www. gulf-times.com 2 Riyals In brief Emir reshuffl e s Cabinet The Emiri Order No 1 of 2016 amends the formation of the Council of Ministers QATAR | Weather Strong wind and poor H the Emir Sheikh Tamim bin Hamad al-Thani yesterday visibility likely today Hordered a Cabinet reshuffl e in Strong wind and poor visibility which he named a new foreign minister. due to dust have been forecast all The new foreign minister was named over Qatar today. The maximum as HE Sheikh Mohamed bin Abdulrah- temperature of 21C is expected at man al-Thani. Mesaieed, Wakrah and in Doha, HE Dr Khalid bin Mohamed al-Atti- followed by 20C at Al Khor, 18C yah, the outgoing foreign minister, will at Dukhan and Abu Samra, and become minister of state for defence 17C at Ruwais. The minimum aff airs. The Emir holds the post of de- temperature of 13C is forecast at fence minister. Mesaieed and Wakrah, followed Al-Attiyah had been Qatar’s foreign HH the Emir Sheikh Tamim bin Hamad al-Thani, HH the Deputy Emir Sheikh Abdullah bin Hamad al-Thani and HE the Prime Minister Sheikh Abdullah bin Nasser bin Khalifa by 14C at Al Khor, Dukhan and minister since 2013 and was recently al-Thani with the newly-appointed ministers after the oath-taking ceremony yesterday.
    [Show full text]