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Airline Reports / Re: Southern Cross Airways (PW431)
« on: September 06, 2009, 08:27:39 am »
With the GFC hitting SCA hard, drastic cut backs and fleet reductions have crippled the airline
Southern Cross Airways had announced a cut back in their fleet size as the global financial crisis and fuel prices push are pushing SCA's budget into the Red,
CEO Jackson Smith stated that "you'll begin to see our older jets being phased out and destinations being cut back at this tough time for Southern Cross Airways
When asked about how stable Southern Cross is at the moment, Smith replied with "the airline is in a rocky position, we should pull through providing nothing goes wrong
over the next few months in regards to fuel prices and fleet maintenance.
It has also been noted with the drastic cut back of the SCA fleet with the 737-500 being auctioned off, the 767-200 being retired and the entire Saab fleet being sold off
What is left is the core of Southern Cross Airways, which is the domestic part, the most profitable part of Southern Cross Airways,
"Maybe when things seem to calm down and resume their normal pace, we may think about restarting SCA regional and SCA International, but our main focus is on our domestic fleet and their survival."
At the current point of time SCA is leasing 6 Boeing 732ADV which is the core of their domestic airline
1 Avro RJ85 which is servicing the smaller cities of the eastern coast
The Arrival of a brand new Boeing 717HGW which is flying out of Melbourne on the smaller scale domestic routes and trans tasman destinations
2 BBJ which is forming the elite class of travel into Asia from Sydney Intl
Possibly one of the more unusual sides of SCA's plan to pull them out of Rescission is the large order of new Airbus A321-100's which SCA will acquire 6 of
which will replace the old 737 domestics
"were finding the old 737's horrendously unreliable and a pain for maintenance, coupled with the noise and the fuel usage their just not working for us anymore"
SCA's CEO was reported saying
Hopefully with the new arrivals, SCA can get back on their feet and continue to grow at a record pace
Until Next time
Southern Cross Airways
Lighting the Sky's of Australia
Who needs a better excuse to fly?
Southern Cross Airways had announced a cut back in their fleet size as the global financial crisis and fuel prices push are pushing SCA's budget into the Red,
CEO Jackson Smith stated that "you'll begin to see our older jets being phased out and destinations being cut back at this tough time for Southern Cross Airways
When asked about how stable Southern Cross is at the moment, Smith replied with "the airline is in a rocky position, we should pull through providing nothing goes wrong
over the next few months in regards to fuel prices and fleet maintenance.
It has also been noted with the drastic cut back of the SCA fleet with the 737-500 being auctioned off, the 767-200 being retired and the entire Saab fleet being sold off
What is left is the core of Southern Cross Airways, which is the domestic part, the most profitable part of Southern Cross Airways,
"Maybe when things seem to calm down and resume their normal pace, we may think about restarting SCA regional and SCA International, but our main focus is on our domestic fleet and their survival."
At the current point of time SCA is leasing 6 Boeing 732ADV which is the core of their domestic airline
1 Avro RJ85 which is servicing the smaller cities of the eastern coast
The Arrival of a brand new Boeing 717HGW which is flying out of Melbourne on the smaller scale domestic routes and trans tasman destinations
2 BBJ which is forming the elite class of travel into Asia from Sydney Intl
Possibly one of the more unusual sides of SCA's plan to pull them out of Rescission is the large order of new Airbus A321-100's which SCA will acquire 6 of
which will replace the old 737 domestics
"were finding the old 737's horrendously unreliable and a pain for maintenance, coupled with the noise and the fuel usage their just not working for us anymore"
SCA's CEO was reported saying
Hopefully with the new arrivals, SCA can get back on their feet and continue to grow at a record pace
Until Next time
Southern Cross Airways
Lighting the Sky's of Australia
Who needs a better excuse to fly?
