Airlines

Vistara Welcomes India’s 1st Airbus A321LR To Its Fleet

The first Long Range Airbus A321LR has been delivered to India by Vistara Airline, a joint venture between Tata Group and Singapore International Airlines. According to Vistara’s CEO Vinod Kannan, the full-service airline is planning to have 70 aircraft in total by the middle of 2024.

EasyJet holiday bookings up despite cost-of-living crisis(Opens in a new browser tab)

Out of the total 70 planes, there will also be 10 Airbus A321s and 53 A320 neos for domestic routes, and 7 Boeing 787-10 Dreamliner wide body planes for serving international markets. Among the 53 A320 neos, 10 planes will have all economy class and the rest will have three classes. Currently, the airline has a fleet of 53 aircraft.

More international routes (will be added) as we keep growing, according to Kannan. “A greater portion of capacity is now being used abroad. 25% to 30% of us are currently serving abroad. It’s a game changer for us and really encouraging “During a briefing, Kannan stated.

Excited to welcome India’s first A321LR as it joins our fleet today! This aircraft provides extended range and is capable of flying routes of up to 4,000 nm. So, get ready to experience the best on India’s best airline as you explore the world.@Airbus @CFM_engines @AirLeaseCorp pic.twitter.com/PwVrDo9e2u

— Vistara (@airvistara) February 4, 2023

“We were able to achieve a very excellent revenue performance because to a high load factor caused by strong demand that wasn’t turned away by expensive prices. The price of fuel has been rising in tandem with the US currency, which is the second factor. The 53 planes we have provide some kind of scale. Therefore, it is evident that unit cost and deployment do so to some extent, “said.

Source:

Airlines

German Carrier Lufthansa Plans for 20% Job Cuts in Administration

Lufthansa Airlines is reportedly planning significant job cuts in its administrative workforce. According to Manager Magazin, the German carrier intends to reduce administrative positions by 20% as part of its cost-cutting measures amidst an anticipated decline in earnings.

This reduction could impact approximately 400 jobs, the report revealed. While Lufthansa has not directly commented on the layoffs, the airline confirmed its goal of cutting administrative costs by 20% by 2028.

Russian Su-57 Fighter Secures First International Sale at Zhuhai Airshow

The strategy involves leveraging digital technologies, including artificial intelligence and automation. “A hiring freeze is currently in place for administrative roles at Lufthansa Airlines,” said a company spokesperson.

The staff reduction is expected to occur through natural attrition and age-related turnover, rather than forced layoffs. The internal projection cited by the magazine warns that Lufthansa could face an operating loss of €800 million ($843.92 million) by 2026 if no corrective measures are taken.

Lost Tool Found in Qantas A380 After 34 Flights

The report highlights the challenges companies face in aligning workforce requirements with current and future demands. Failure to adapt could necessitate drastic actions, such as restructuring and layoffs, which carry significant repercussions for both the organization and its employees.

As Lufthansa navigates these challenges, the airline appears committed to balancing cost efficiency with digital transformation to maintain its competitiveness in a rapidly evolving industry.