newstodate.aero
Dec 14, 2016 (newstodate): The Icelandic ACMI provider Air Atlanta Icelandic has seen a stable market situation in the passenger ACMI segment in 2016.
-The market has actually performed quite OK, and all our passenger Boeing 747-400 aircraft are in the air on fixed leasing contracts, says Baldvin Hermannsson, Air Atlanta Icelandic VP Sales & Marketing.
-In 2016 we have added two more Boeing 747-400 passenger aircraft and will add one more in February 2017, bringing the fleet to a total of eight which will probably remain the target in 2017.
-Saudia has remained a strong partner for us, and we have for instance also placed one aircraft on a two-year contract in Nigeria to operate flights on the route between Lagos and London Gatwick.
-This year's Hajj operations have been a great success for us, but competition is certainly challenging for all. There are always a number of both small and big companies fishing in our segment, but we are rather firmly based with a sound and long track record of experience, and benefiting from close relations with operators.
-Now fuel prices are rising again which is mostly seen as a threat to airline profitability. It is, however, not necessarily just a threat. Rising fuel prices also indicate more robust economies and growing purchasing power as well in many markets which is also a driver to the airline industry and the ACMI business, says Mr Hermannsson.
-The market has actually performed quite OK, and all our passenger Boeing 747-400 aircraft are in the air on fixed leasing contracts, says Baldvin Hermannsson, Air Atlanta Icelandic VP Sales & Marketing.
-In 2016 we have added two more Boeing 747-400 passenger aircraft and will add one more in February 2017, bringing the fleet to a total of eight which will probably remain the target in 2017.
-Saudia has remained a strong partner for us, and we have for instance also placed one aircraft on a two-year contract in Nigeria to operate flights on the route between Lagos and London Gatwick.
-This year's Hajj operations have been a great success for us, but competition is certainly challenging for all. There are always a number of both small and big companies fishing in our segment, but we are rather firmly based with a sound and long track record of experience, and benefiting from close relations with operators.
-Now fuel prices are rising again which is mostly seen as a threat to airline profitability. It is, however, not necessarily just a threat. Rising fuel prices also indicate more robust economies and growing purchasing power as well in many markets which is also a driver to the airline industry and the ACMI business, says Mr Hermannsson.