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Tomas Chlumecky

This tag is associated with 202 posts

Roscosmos (Russia’s Space Agency) successfully launches its Soyuz rocket this morning with Canadian astronaut on board, David Saint-Jacques for a 6 month mission on the International Space Station (ISS). That is the good news, the bad news is that it looks as if Roscosmos is accused of embezzling (aka stealing) $US 10.4 billion in public funds in 2017 alone! Imagine that happening at NASA? but this is Putin’s Russia, a kleptocracy, a government ruled by corrupt politicians who use their political power to receive kickbacks, bribes, and special favours at the expense of the populace.

  https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/         Tomas’s Comment:     A proud day today for Canada as our 9th astronaut David Saint-Jacques successfully blasted off this morning at 6:31 EST on board a Russian Soyuz rocket for a 6-month mission on board the International Space Station (ISS). Without trying to rain on Roscosmos (Russian Space … Continue reading

Ethiopian Airlines is and always had been, what the CEO calls a “strategic asset and a policy instrument” for the government. Its key role in logistics is designed to aid the country’s industrialisation. Today, the company is busy exporting its model across Africa, buying stakes in existing airlines in Djibouti, the Democratic Republic of Congo, Eritrea and Equatorial Guinea, as well as setting up new ones in Chad, Ghana, Guinea, Mozambique, Nigeria and Zambia. Not all governments are fully on board with the company’s pan-African vision, a vision which led it to take a key role in pushing for the African Union’s single market for air transport launched earlier this year. “The main challenge is the lack of proper attention given to aviation by African countries,” Tewolde says. “At the policy level, African governments, unintentionally, consider aviation a rich man’s means of transport. They don’t consider it as an essential public service for the average person.”

    https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/     Posted on Friday, 16 November 2018 Tewolde GebreMariam, Chief Executive Officer, Ethiopian Airlines   By Tom Gardner in Addis Ababa     http://www.theafricareport.com/East-Horn-Africa/itv-tewolde-gebremariam-chief-executive-officer-ethiopian-airlines.html   Tomas’s Comment:   There is no doubt that today Ethiopian Airlines is Africa’s dominant airline, the only African Airline that can compete with the likes of Turkish, … Continue reading

Look let’s be real, anything “offshore” today, be it a bank, aircraft or yacht registration and in most cases a corporation, means someone is hiding something from the tax man, assets or income, usually illegal tax evasion and not tax avoidance which is legal. The Isle of Man government approved tax avoidance schemes that have refunded more than $1bn to the super-rich and to multinationals on the import of hundreds of private jets into Europe. The Paradise Papers reveal how Manx customs worked closely with the offshore law firm Appleby and the big four accounting firm EY, to approve schemes which have ultimately helped some of the world’s wealthiest individuals reduce import VAT bills to zero. The arrangements allowed jet owners to claim 100% VAT refunds on the grounds that their jets were part of leasing businesses. What the leak of 6.8m files from the archives of Appleby reveal is that these businesses involved millionaires leasing their own aircraft from themselves, and some of that appears to be illegal for sure.

  https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/     Paradise Papers: Commission follows up on illegal tax breaks for yachts and aircraft Brussels, 8 November 2018 http://europa.eu/rapid/press-release_IP-18-6265_en.htm   Abusive VAT practices in the Isle of Man. VAT is only deductible for business use. Supplies of aircraft, including leasing services, meant expressly for private use should not be VAT-exempt. The Commission … Continue reading

A short history of aviation in Ghana

  https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/       November 9, 2018   Tomas’s Comment:   The country has a had a rough time with its 2 national airlines, Ghana Airways from 1958 to 2005 and Ghana International Airlines from 2005 to 2010 and have they learned anything? Ghana Airways has had a long successful history with many different … Continue reading

Bombardier’s turnaround has become and asset sale, $300 million for its DHC-8 line (100/Q200/Q300/Q400) to Longview Aviation Capital/Viking Air, $650 million for its Business Aircraft training business to CAE, $561 million for Downsview Airport and factory, so $1.5 billion in asset sales as it lays of another 5,000 employees. I said for years, the CSeries, Q400 and CRJ were heading off the cliff, the realization came this year, as they dumped the CSeries on Airbus, giving away 50.01% for Free, paid $609M so far in costs, kept 33.55% and gave Quebec just 16.44% for its $1.0 billion bailout in 2015. As well, Bombardier will provide a maximum $925M in loss guarantees to CSALP to 2021 and a final assembly line in Alabama? In the end all A220 assembly will go to the US. As for Q400 and the CRJ, they are “walking dead” programs, like the A380 and B747-8i, the Q400 has 66 in backlog, 32 orders this year, I count 21 orders, either way only 9 delivered in 9 months, 1.0 per month seriously? so 66 months to deliver all 66 in backlog? CRJ has 56 in backlog orders, yet only 14 delivered in 9 months, just 1.5 per month? The program lives of US regional airline orders, as the pilot scope clause allows only the CRJ900 and E175, so hate it or not, you order the CRJ900, but E175 has had 80% of US orders the past few years, and when the MRJ and E175-E2 enter the market, its all over for the CRJ program.

https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/   Bombardier is on its way out of the Commercial Aircraft Business, it has crewed up royally, it went into the CSeries program blinded by marketing myopia and BS about the market, its forecasts were “fantasies” that went against all reality on the ground, it let ATR beat the Q400 and the CRJ was … Continue reading

“We are open to offers for new airline”​? Ghana’s Aviation Minister Joseph Kofi Adda. Is Ghana ready for a third attempt at a national carrier?

  https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/       Business News of Monday, 15 October 2018 – thebftonline.com   Tomas’s Comment:   The country has a had a rough time with its 2 national airlines, Ghana Airways from 1958 to 2005 and Ghana International Airlines 2005 to 2010 and have they learned anything? Ghana Airways has had a long … Continue reading

The Russians don’t do well with their commercial aircraft, the SSJ100 will never be a commercial success, and neither were the IL-96/86, TU-154, TU-134 or YAK-42. The new MC-21 looks real good, but its sales will like the SSJ100 be limited to basically Russia and the CIS. Now, where the Russians are very good is jet fighters, SU-30/35 and the new SU-57 and helicopters, and this is a segment Russian Helicopters has been doing real well in, with $3.2 billion in revenue in 2016 and a $610 million operating profit. Now, Abu Dhabi based Mubadala is part owner in Russian Helicopters, shows there is value in the company. The new Mi-38 from Russia looks real good and a market exists but not in North America or Europe yet, but maybe in time. One market Russia has not gone after successfully is the amphibious jet from Beriev, the Be-200, that is a “game changer” if there is one today in commercial aviation. The time is right in my opinion to bring back larger commercial amphibious aircraft bigger than the Viking Air DHC-6 Series 400, like a 30 passenger CL-415 and the 72 seat Be-200, but few see the light, but its there, just needs to be promoted, nurtured, marketed and demonstrated, but Russians have done no business development with it, beyond water bomber and SAR, needs new ideas and people to make the Be-200 a commercial success.

  https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/     Thursday October 25, 2018 / Stanislav Golubev/Russian Aviation   Mi-38 belongs to the niche of medium helicopters according to the classification of the Russian market. Today I will tell you about our modern corporate helicopter – the Very-VIP category Mi-38. Why VVIP, and not just VIP? Because there are very few … Continue reading

Primera Air fails to secure long term financing and shuts down, but was its collapse inevitable? Its product positioning was vague, LCC or Full Service, point to point with no feed, small 7 aircraft fleet (5 x A321neo and 2 x B737-800, plus 2 x A321LR and 18 x B737-9 on order) of its own, late aircraft deliveries, unexpected maintenance and then too many ACMI leases and starting too many long haul routes at once sealed its inevitability?

  https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/         Primera Air blames ‘several unforeseen misfortunate events’ for its collapse, but did it take a risk too many in entering the competitive trans-Atlantic market?   October 3, 2018 – CAPA The European carrier Primera Air surprised everybody when it burst into the trans-Atlantic market earlier this year. After over … Continue reading

BOC Aviation says 301 airline failures this decade and rising, 2 per month and 90% were <20 aircraft operators that did not reach "critical mass"​

https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/     October 25, 2018     Tomas’s Comment:     These comments from BOC Aviation’s MD & CEO Robert Martin, confirm what we are seeing, and that is shake out of small weak carriers just cannot compete effectively with small fleets, usually high debts and little equity or ability to raise more cash. … Continue reading

For decades LIAT has struggled under heavy airport fees, taxes, poor management and politicians with no “balls” to make tough decisions. The airline has a monopoly on most of its network, but still burns cash year after year, and yet politicians just talk and talk about what is bad and what is good but nothing ever changes. The losers are the good people of the Eastern Caribbean, who are “stuck” with high fares and airport fees, unreliable air service and they have chosen NOT to fly, with LIAT passenger count down to around 800,000 yet 10 years ago 2 million were carried when LIAT had competition from Caribbean Star. That shows that the demand is there but supply is too expensive, unreliable and mistrusted, its time for LIAT to Swim of Sink and be ready to open the EC to competition, state aid is not working.

  https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/   PM Gonsalves Says There Are Weaknesses And Limitations With LIAT? Off Course, there are, it is why its burning taxpayers’ money for 2 generations!   October 23, 2018 – Antigua News Room     Tomas’s Comment:   For decades LIAT has struggled under heavy airport fees, taxes, poor management and a poor Board … Continue reading

Scandal filled Korean Air Lines (KAL) Chairman and CEO Cho Yang-ho has been charged with embezzlement, tax evasion and breach of trust, for $17.4 million in “brokered” deals for aircraft (A220-300?) and inflight good and $134 million in medical benefits from National Health Insurance by running a pharmacy without a license. His misbehaved daughters have become infamous for their anger management issues with Korean Air staff, and now Korean Air Lines’s LCC Jin Air (22 x B737-800 and 4 x B777-200ER) may lose its Air Operator’s Certificate (AOC) due to the fallout from an alleged incident involving the daughter of the airlines’ controlling family, who served on the budget carrier’s board of directors for six years despite being ineligible for the post, a government investigation has discovered. Just a bad example of the disgusting behaviour of the rich in Korea, time to put more into jail and clean up the corruption in Korea! it has become a disgrace on the nation.

  https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/     RŪTA BURBAITĖ –  on 15th October 2018 – Aerotime News Hub   Korean Air: from raging heiresses to chief’s embezzlement probe   Another scandal hits the largest airline and flag carrier of South Korea, and this time it involves the man at the top. Korean Air Lines Chairman and CEO, Cho … Continue reading

Airline business models that failed though they were very unique and had its fans, but for various reasons they were not sustainable in the long term, and never copied by anyone else again!

  https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/   6 DEFUNCT AIRLINES THAT WERE DOOMED FROM THE START  By DAVE BALDWINPublished On 01/07/2014 Assuming it isn’t already circled on your new 2014 Divas of WWE wall calendar, tomorrow marks the eighth anniversary of Hooters Air calling it quits — a moment of silence, please. Before you cry into your plate of wings though, we … Continue reading

Russian MoD: S-400 data shows 4 x Israeli F-16D “Barak” fighter jets hiding behind Russian Il-20 (militarized 1950’s IL-18) to avoid Syrian missile which struck the Russian aircraft and killed 15 Russian airmen. This has strained Russian-Israeli relations and Russia is now sending its S-300 anti-aircraft missile batteries to Syria, maybe S-400’s? Israel needs to learn what international law is and that is just cannot keep attacking its own people in Gaza and neighbouring states from the air against without just cause and consequences its just too arrogant to accept any blame on itself for anything, always someone else’s fault? angels they ain’t!

  https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/     Published time: 24 Sep, 2018 17:11Edited time: 24 Sep, 2018 18:46 Get short URL IL-20 is base don the IL-18 (NATO: “Coot”) 676 built between 1956 and 1985. The IL-18 could carry up to 120 passengers, pilots loved it, I talked to several CSA pilots and they thought the world of … Continue reading

I called this one when it was first announced. After lots of BS from Air Belgium from the start about flights to China, US and cargo flights from Charleroi Airport (Belgium) it now will just concentrate on ACMI work with its 4 x A340-300, the business model never made sense from the beginning. Anything that involves China flights you need to run, VLM Airlines had some weird plan for such flights from Maribor, Slovenia? feeding it with lots of A320’s from all over Europe? Too many “BS artists” out there selling airline scams that don’t make sense, and sadly “Common Sense” is no longer common in aviation, and ‘suckers’ fall for the false dreams.

    https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/   Air Belgium will announce the end of its flights between Charleroi and Hong Kong, according to the newspaper, L’Avenir.     The paper noted that an official company announcement will be made today. The route, which had just started on 6 June, was the first long-distance connection from the Charleroi airport. The … Continue reading

Transatlantic Fuel Efficiency in 2017 was won by Norwegian Air Shuttle at 33% above average, the worst was British Airways 22% below average, time for more fuel efficient aircraft at BA to get competitive? Meanwhile Norwegians huge new aircraft acquisition strategy is really paying off now.

      https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/     Survey reveals disparity in transatlantic fuel efficiency   Sep 12, 2018  Alan Dron| ATW Plus     Norwegian Air Shuttle was the most fuel-efficient airline on North Atlantic routes in 2017, according to a new study. The LCC turned a 63% better fuel-burn figure than the worst operator, British Airways (BA). The survey, … Continue reading

St. Lucia enters the 21st century with the airport its visitors need – and deserve. Once again a small nation is using Taiwanese foreign aid to fund some big project. Taiwan has lost diplomatic ties with El Salvador, Dominican Republic and Burkina Faso this year alone, and is now down to 17 small states globally that recognize Taiwan (Republic of China) in the UN over the PRC (People’s Republic of China). Sadly Taiwan is desperate and cannot match the economic might of the PRC so it sticks with mostly small island nations in the Caribbean and the Pacific (plus Paraguay, Swaziland, Holy See-Vatican City) which take advantage of Taiwan’s deteriorating diplomatic isolation by “milking” Taiwan’s foreign aid on big projects in exchange for their UN recognition of the island state, which is considered to be a “renegade” Province by the PRC, that will be reunited with the mainland one day “hell or high water”.

  https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/     St Lucia enters the 21st century with the airport its visitors need – and deserve  Antonia Windsor, destination expert – The Telegraph – 12 SEPTEMBER 2018 • It has been a project 20 years in the planning with a number of false starts, but a redevelopment of St Lucia’s international airport is finally … Continue reading

INTERVIEW: Pedro Heilbron, CEO, Copa Airlines

  https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/       INTERVIEW: Pedro Heilbron, chief executive, Copa Airlines 12 SEPTEMBER, 2018 SOURCE: FLIGHT AIRLINE BUSINESS BY: GHIM-LAY YEO PANAMA CITY   Tomas’s Comment: COPA’s CEO Pedro Heilbron has done a great job with COPA, he is one of the best airline CEO’s in the world for sure. He shows what good … Continue reading

Opinion: China’s Misguided Grab For Aerospace IP

  https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/   China’s new 5th generation fighter, J-20   Opinion: China’s Misguided Grab For Aerospace IP May 2, 2018  – Richard Aboulafia| Aviation Week & Space Technology   The U.S.’s biggest aerospace export market is China. It also has an extraordinary and growing aerospace trade surplus with China. According to U.S. International Trade Commission (ITC) numbers, … Continue reading

Elite Airways Returns to Long Island While Frontier Enhances Florida Service

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A new low cost carrier being formed out of Basel, Switzerland, Swiss Skies? In 2017, 79 new airlines were started in Europe while 25 shut down, some of them few even noticed (e.g. Fly Kiss, Sea Air and Citywing), it is a tough business, but they keep coming with big dreams, it is all good, dream big but be realistic and take it step by step, it is not a race, go too fast and you risk failure as routes take time to become profitable.

    https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/     Europe may be getting a new budget airline (with a Ryanair pilot at the helm) Basel is said to be the base of the new budget carrier   Hugh Morris, travel news editor – The Telegraph -10 SEPTEMBER 2018     A part-time Ryanair pilot is looking to launch a … Continue reading