Wednesday, April 16, 2014

IBEX to retire Bombardier CRJ-100/200s by FY2016.

On April 15th, IBEX Airlines (FW/IBX) announced their FY2014 - 2016 Mid-Term Strategy, with the aim of becoming the 'top leader of regional airlines'.

The Tokyo-headquartered commuter airline, which has bases in Sendai (SDJ/RJSS) and Osaka/Itami (ITM/RJOO), is targeting continued zero-accident operations, a 98.5% flight completion rate and 95% on-time rate, and a cost per seat kilometer of 12 JPY. IBEX will look for more opportunities from its two focus cities, however, no new considerations were disclosed. It aims a total revenue of 13.9 billion JPY to produce an operating profit of 500 million JPY by FY2016.
Bombardier CL-600-2B19 CRJ-200ER JA04RJ taxies at Narita. (Photo: IBEX Airlines)

On the fleet side, they will induct two additional Bombardier CL-600-2C10 CRJ-700NGs, one each in FY2015 and FY2016, while its two 50-seat CL-600-2B19 CRJ-100LRs will be phased out, one this year and the other in FY2015. The two CL-600-2B19 CRJ-200ERs will also be retired by FY2016, standardizing its fleet on the 70-seat CRJ-700NG.

IBEX Airlines currently operates five CRJ-700NGs, two CRJ-200ERs, and two CRJ-100LRs on 16 routes totaling 54 daily flights. It is owned 47.9% by Japan Digital Laboratory, a software developing firm, 18.8% by that company's President Kazuo Maezawa, 9.5% by Art Vivant, 7.1% by Southern International, while the rest is owned by private investors. All flights code-share with All Nippon Airways (NH/ANA) under the branding 'ANA Connection'.

Source: IBEX Airlines, April 15th. (PDF; in Japanese)

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