Wednesday, August 27, 2014

Remember When A prediction Was Made-Its Now Time To See How It Played Out

Winging It Re Run Below:

Case In point: Ethiopian Airlines on the 787, What it will do.....

LiftnDrag: "December 11, 2012:  Blog Discussion Seven Months Earlier!

" Another look is for Ethiopian Airlines in what the 787 does for its bottom line.  They will be a good case study, since they own such a smaller number of aircraft and fly long routes. The 787 will have an immediate impact from its operations, where you will see how it drives the bottom line at the end of next fiscal year.  This is a manageable study of its business plan and bottom line. You may gain a distinct appreciation for the 787's financial impact on Ethiopian  Airlines."


"Don't look at Air India in this exercise, but rather look at All Nippon Airline's bottom line from its efficient air travel business plan.  Since ANA also has a significant number of 787's in a mixed fleet of long haul international, and its national  routes of"Japan only" stops, found in ANA's flight route portfolio. Try to understand what the 787 has done for them."  

Ethiopian Airlines finishes the fiscal year with record performance

Ethiopian Fiscal Performance
Addis Ababa: Ethiopia – Despite the challenges faced in the aviation industry, Ethiopian Airlines finished its 2013/14 fiscal year with a record performance.
The biggest carrier in Africa saw its operating revenue rise by 21% to 46.5 billion Birr, with its revenue by passenger increasing at 16%. The airline’s passenger carrying capacity also rose by 17% in the fiscal year.
Ethiopian received 13 new aircraft, including Boeing’s ultra-modern 787 Dreamliner, and started flying to nine brand new destinations.
Ethiopia’ performance in numbers:
• 46.5 Billion Birr operating revenue, + 21%
• Available Seat Kilometer + 17%
• Revenue seat Kilometer + 16%
•13 new aircraft phased-in
• Nine new destinations opened

Sources: Fana Broadcasting Corporation & Ethiopian Airlines Facebook Page.