Ryanair (Dublin) on August 21 launched new daily Dublin-Brussels (Zaventem) service (three roundtrips daily) as part of an extended Dublin winter 2014 schedule, with nine new routes and increased flights on 21 existing routes to/from Dublin Airport. This new Brussels Zaventem route complements Ryanair’s existing Dublin-Charleroi (near Brussels) route.
The nine new routes from Dublin are to Basel, Brussels (Zaventem), Bucharest, Cologne, Glasgow, Lisbon, Marrakesh, Nice and Prague.
In other news, Ryanair will soon be in talks with the government of Cyprus about a possible takeover of loss-making Cyprus Airways (Larnaca) according to this report by Reuters. Ryanair believes it can turn around the failing carrier. Nearly 20 companies have submitted non-binding expressions of interest about Cyprus Airways.
Read the full report: CLICK HERE
Copyright Photo: Paul Bannwarth/AirlinersGallery.com. Boeing 737-8AS EI-DHN (msn 33577) touches down at EuroAirport near Basel.
Mongolian Airlines (MIAT) (Ulaanbaatar) on September 24 will extended a new route to Singapore via Beijing. The new route will be operated twice-weekly with Boeing 737-800s per Airline Route.
Copyright Photo: Michael B. Ing/AirlinersGallery.com. Former Ryanair Boeing 737-8AS EI-CSG (msn 29922) arrives in Beijing.
Mongolian Aircraft Slide Show: CLICK HERE
Current Route Map:
Ryanair (Dublin) has announced a fiscal first quarter (Q1) net profit of €197 million ($264.1 million), an increase of 152% over last year.
The ultra low-fare airline cautioned that this result was distorted by the timing of a very strong Easter in Q1 with no holiday period in the prior year comparable. Traffic grew to 24.3 million as load factors rose by 4% points to 86%. Average fare rose by 9%, boosted by a strong Easter period, while total revenues were up 11% to €1.496 billion. Unit costs fell by 2%, excluding fuel they rose by 1%.
Ryanair’s Michael O’Leary said:
“Q1 profits were boosted by a strong Easter (but are somewhat distorted by the absence of Easter on the prior year Q1). The earlier launch of our summer schedule and actively raising our forward bookings has delivered a 4% increase in load factor to 86% and enabled us to better manage close-in yields. Ancillary Revenues rose 4% in line with traffic growth, as airport and baggage fee reductions were offset by the rising uptake of allocated seating.“
New Routes and Bases.
Our four new bases at Athens, Brussels, Lisbon and Rome are performing strongly, as customers switch to Ryanair’s lower fares and our industry leading customer service. Our strategy to raise forward bookings continues to drive higher load factors and we expect to release our summer 2015 schedule in mid-September, some 3 months earlier than last year.
This winter we will open four new bases in Cologne, Gdansk, Warsaw and Glasgow (Intl.) as well as substantially increasing new routes and frequencies at Stansted and Dublin as we invest heavily in our network to build schedules on key city pairs to make them more attractive for business customers.
We are overrun with growth offers from primary European airports whose incumbent flag and regional carriers continue to cut capacity and traffic. These new airports along with our existing 69 bases offer Ryanair significant growth opportunities as the first of our 180 new Boeing order delivers this September. These new aircraft, with the benefit of the much weaker US$, will drive significant cost efficiencies over the next 5 years.
Customer Experience Improvement.
Our “Always Getting Better” program has delivered significant improvement to the customer experience. In addition to the initiatives launched last September which included allocated seating, free second carry-on bags, and an easier to use website with a “fare finder” facility, we launched our family product in June. In July we released our industry leading mobile app (including mobile boarding passes) which has been very positively reviewed by independent commentators and our customers and has reached 1m downloads in the 10 days since its release. In September we will launch Ryanair’s business service which will include same day flight changes, bigger bag allowances, premium seat allocation, and fast-track through security at many Ryanair airports. This new service along with our new routes, improved schedules and wider GDS distribution, will make Ryanair’s low fares much more accessible to, and attractive for business customers. We will continue this winter to rapidly develop both our website and mobile platform to deliver more innovative features and services in addition to the lowest fares to our customers.
We are 90% hedged for FY15 at approx. $96 p.bl, which will deliver savings of €50m this year at current market rates. This is lower than the €70m previously guided due to increased volumes in H2. We have also hedged 55% of our H1 FY16 fuel needs at approx. $95 p.bl and weaker US$ which will deliver a 2% fall in our unit fuel cost at current market rates.
The BBB+ rating awarded by S&P and Fitch makes Ryanair the highest rated airline in the world. This rating reflects the strength of our Balance Sheet and our highly cash generative business model and enabled us in June to issue our first €850m unsecured Eurobond at a coupon of 1.875% fixed for 7 years. This attractively priced financing (which was 7 times oversubscribed) will further reduce our aircraft ownership costs over the next 5 years.
In FY14 we completed €482m of share buybacks as part of our commitment to return €1 billion to shareholders over a 2 year period. We now plan to return another €520m via a special dividend of 37.50 cents per ordinary share (subject to AGM approval) to be paid in Q4 FY15. This brings the total returns to shareholders since 2008 to over €2.5bn which is more than 4 times the €585m originally raised from shareholders since our 1997 IPO.
Based on these Q1 results and our strong forward bookings it is clear that we are on track to deliver a strong H1, during which traffic will grow by 3%, and fares will rise by 6% subject to late booking fares in Aug. and Sept. However we would strongly caution both analysts and investors against any irrational exuberance in what continues to be a difficult economic environment, with some company-specific challenges in H2.
We expect H2 to be characterized by a much softer pricing environment as many competitors are lowering fares, partly in response to Ryanair’s strong forward bookings. Added to this Ryanair will aggressively raise capacity this winter by 8% (7% in Q3 and 10% in Q4) to take advantage of growth discounts and build out business friendly frequencies from Dublin and Stansted in particular. These initiatives will inevitably put downward pressure on fares and (mindful of last winter’s weak pricing environment) we continue to expect H2 yields to fall by between 6% to 8% which will result in full year yields rising by only 2%. Unit costs (ex-fuel) for FY15 will rise by approx. 4%, which is slightly better than the 5% increase we originally guided, due to higher H2 traffic volumes which will be positive for unit costs.
In summary, we now expect full year traffic to grow by 5% to 86m. This increased traffic and higher load factors, combined with a slightly improved performance on unit costs allows us to cautiously raise our full year profit after tax guidance (from the previous range €580m to €620m) to a range of €620m to €650m. However this guidance, which is about a 21% rise over last year’s net profit, is heavily, reliant upon the final outturn for H2 yields over which we currently have zero visibility”.
Copyright Photo: Keith Burton/AirlinersGallery.com. Boeing 737-8AS EI-CSW (msn 29935) in the old small-titled 1994 livery arrives at Stansted Airport near London.
Ryanair (Dubin) has announced it will launch a new Manchester winter route to/from Shannon as part of an extended Manchester winter 2014 schedule, with 24 routes in total, including four other new routes to Barcelona, Fuerteventura, Gran Canaria and Lisbon and extra frequencies to Madrid, Riga and Rome.
Copyright Photo: Paul Bannwarth/AirlinersGallery.com. Boeing 737-8AS EI-DPK (msn 33610) arrives for landing at Tenerife Sur.
Ryanair (Dublin) has announced significant growth for Scotland with three new routes between Edinburgh and London (Stansted), Glasgow and London (Stansted) and Glasgow and Dublin (three times daily), as well as a new base at Glasgow International (Ryanair’s 69th in total).
Ryanair’s existing once daily flight from Glasgow Prestwick to Dublin will now switch to Glasgow International as part of an expanded three times daily business service between Glasgow and Dublin. Despite this switch Ryanair remains committed to its long standing base at Prestwick where the airline has a major maintenance facility and is currently in discussions with Glasgow Prestwick and the Scottish Government, its new owners, to explore growth opportunities to/from Prestwick Airport.
From October 26, 2014, Ryanair will base three Boeing 737-800s at Edinburgh, one at Glasgow (International) and one at Glagow (Prestwick).
Copyright Photo: Paul Bannwarth/AirlinersGallery.com. Boeing 737-8AS EI-DLB (msn 33584) taxies at Nantes.
Transat A.T. Inc., (parent of Air Transat) (Montreal) posted revenues of $1.1 billion for the quarter ended April 30, 2014, an increase of 1% compared with the same period in 2013.
The Corporation recorded an adjusted operating loss of $4.0 million (all dollar figures are in Canadian dollars), compared with an adjusted operating profit of $2.7 million in 2013, and a net loss of $7.9 million ($0.20 per share on a diluted basis), compared with a net loss of $22.8 million ($0.59 per share on a diluted basis) in 2013. The decline in value of the Canadian dollar alone resulted in an increase in operating expenses of $22 million. Before non-operating items, Transat reported an adjusted net loss3 of $7.6 million in 2014 ($0.19 per share on a diluted basis), compared with an adjusted net loss of $1.4 million ($0.04 per share on a diluted basis) in 2013.
Here is the full report:
“Our results for the quarter and the winter are slightly better than what we anticipated in March,” commented Jean-Marc Eustache, President and Chief Executive Officer, before adding: “It was a peculiar winter. In December, margins were higher year over year and we were heading toward a performance improvement. The sudden drop in value of the Canadian dollar provoked a significant increase in operating expenses that reversed the situation, as it came early in the season, when the market resists increases in selling prices.”
The Corporation posted revenues of $1.1 billion, an increase of 1% compared with 2013, and an adjusted operating loss1 of $4.0 million, compared with an adjusted operating profit of $2.7 million in 2013. During the quarter, Transat had reduced capacity on its Sun destination routes by 3.5%, which contributed to a 5.3% overall decrease in the number of travellers. Average selling prices were up, and the euro and pound traded higher against the Canadian dollar. The adjusted operating loss is attributable entirely to the decline in value of the Canadian dollar against the U.S. dollar.
Revenues of North American business units, which are generated by sales in Canada and abroad, decreased by $4.0 million (0.4%) compared with the same period in 2013. The decline in revenues stemmed from the Corporation’s decision to reduce supply on its Sun destination routes by 3.5%, and on its transatlantic routes by 2.9%, leading to a decrease of 5.9% in the number of travellers, while average selling prices rose. North American business units recorded an operating loss of $15.7 million, compared with one of $7.3 million in 2013. The increase in operating loss is attributable entirely to the decline in value of the Canadian dollar versus the U.S. dollar, and the accompanying increase in operating expenses. The combined effect of increased selling prices plus cost-control initiatives was not sufficient to offset the effect of those expense increases. The operating loss for the quarter includes a $2.2-million restructuring charge, compared with $3.9 million in 2013.
Revenues of European business units, which are generated by sales in Europe and in Canada, increased by $15.8 million (9.7%) over 2013, owing to the strength of the euro and pound against the Canadian dollar. Measured in local currencies, the revenues of the France business unit increased, while those of the U.K. unit decreased following the Corporation’s decision to reduce capacity. European activities resulted in an operating loss of $1.4 million, compared with $2.8 million in 2013.
First six-month period highlights
For the first six months, the Corporation posted revenues of $2.0 billion in 2014, compared with $1.9 billion in 2013, and an adjusted operating loss1 of $27.8 million, compared with $18.3 million in 2013. During the six-month period, the Corporation reduced capacity on certain markets, resulting in a 3.6% overall decrease in the number of travellers. Capacity on Sun destination routes, meanwhile, was similar to that in 2013. Average selling prices were up, and the euro and pound traded higher against the Canadian dollar. The adjusted operating loss is attributable entirely to the decline in value of the Canadian dollar versus the U.S. dollar.
Revenues of North American business units increased by $27.5 million (1.7%) compared with the same period in 2013. For the six-month period, capacity on Sun destination routes was similar to that of 2013, while transatlantic market capacity was reduced by 6.2%. North American business units recorded an adjusted operating loss1 of $40.7 million, compared with $23.6 million in 2013. The operating loss is attributable entirely to the Corporation’s increased costs following the depreciation of the Canadian dollar against its U.S. counterpart. The operating loss for the six-month period includes a $2.2-million restructuring charge, compared with $3.9 million in 2013.
Revenues of the European business units increased by $25.8 million (9.3%) from 2013, owing to the strength of the euro and pound against the Canadian dollar. Measured in local currencies, these business units’ revenues declined slightly, following the decision to reduce capacity. European activities resulted in an operating loss of $9.9 million, compared with one of $16.5 million for the first six months of 2013.
As at April 30, 2014, the Corporation’s free cash totalled $404.6 million, compared with $336.1 million at the same date in 2013. The working capital ratio was 1.04, against 0.98, and deposits from customers for future travel amounted to $540.3 million, compared with $514.7 million a year earlier. Off-balance-sheet agreements stood at $648.6 million as at April 30, 2014, compared with $655.8 million as at October 31, 2013,4 the decrease being attributable to payments made during the period, offset by the increase resulting from the depreciation of the Canadian dollar against the U.S. dollar.
The transatlantic market outbound from Canada and Europe accounts for a very significant portion of Transat’s business in the summer. For the period May to October 2014, Transat’s capacity on that market is lower by 1% than that for summer 2013. To date, 65% of that capacity has been sold. Load factors are 2.4% lower and selling prices of bookings taken are approximately 4.3% higher, compared with the same date in 2013. If the Canadian dollar remains at its current value against the U.S. dollar, the euro and the pound, this will result in an increase in operating expenses of 4.4%.
On the Sun destinations market outbound from Canada, Transat’s capacity is higher by 9% than that for the previous year. To date, 49% of that capacity has been sold, load factors are 1% lower, and selling prices are higher.
In France, compared with last year at the same date, medium-haul bookings are ahead by 24%, while long-haul bookings are at a similar level. Variations in the product mix have resulted in a lower average selling price, with no negative impact on the average margin.
To the extent the aforementioned trends hold, the Corporation expects to record satisfying results in the second half, though lower than the record results posted last year.
Cost-reduction and margin-improvement initiatives
The Corporation continues implementing its initiatives to reduce operating costs, improve margins, and make changes to its systems and processes. In April 2013, Transat announced its decision to internalize narrow-body medium-haul aircraft (Boeing 737-800s) for travel outbound from Canada, starting in May 2014. These measures had, as expected, a favorable impact of $20 million on the margin in 2012 and one of $15 million in 2013. The Corporation expects another $20 million in 2014, as well as in 2015, when internalization of the narrow-body fleet will produce its full benefits.
Copyright Photo: TMK Photography/AirlinersGallery.com. In April 2013, Transat announced its decision to internalize narrow-body medium-haul aircraft (Boeing 737-800s) for travel outbound from Canada, starting in May 2014. Formerly operated by Ryanair as EI-CSH, CanJet Airlines’ Boeing 737-8AS C-FTCZ (msn 29923) is pictured operating as Air Transat in their new 2011 colors.
Ryanair (Dublin) has announced a fiscal full year net profit of €523 million ($716.6 million), slightly ahead of previous guidance. Traffic grew 3% to 81.7 million passengers. Revenue per passenger was flat, as strong ancillary revenue growth offset a 4% fall in average fares. Excluding fuel, sector length adjusted unit costs fell by 3%.
The company continued:
CEO O’Leary commented on the results:
While disappointing that profits fell 8% to €523m due mainly to a 4% decline in fares, weaker sterling, and higher fuel costs, we reacted quickly to this weaker environment last September by lowering fares and improving our customer experience which caused H2 traffic to grow 4% as load factors rose 1%. Ancillary revenues grew 17%, much faster than traffic growth, and now accounts for 25% of total revenues.
New Routes and Bases
Forward bookings for Summer 2014 are significantly ahead of last year, since we began offering lower fares and released our seasonal schedules earlier, and this should continue to deliver 2% higher load factors, and help us manage fares closer to departure as we have less capacity to sell.
We recently opened 4 new bases at Athens, Brussels, Lisbon and Rome. These are performing ahead of expectation as customers switch from high fare carriers to Ryanair’s lower fares and industry leading customer service. We announced 3 new bases for winter 2014 in Cologne, Gdansk, and Warsaw. We released our winter 2014 schedule 3 months earlier than last year, offering our customers lower fares much earlier than our competitors, while we focus on building frequency and capacity on key business city pairs. We expect these new bases will provide significant growth opportunities as we start deliveries (Sept 2014) of our new Boeing 737-800 NG aircraft order.
Customer Experience Improvement
We have worked hard over the last 6 months to improve customer experience and enhance our industry leading service (lowest fares, most on-time flights, the youngest fleet). These initiatives include, (i) allocated seating (ii) a simpler, easier to use, website with a brilliant “fare finder” facility, (iii) free small 2nd carry-on bag, (iv) “quiet flights” (v) a 24 hour “grace period” to correct minor booking errors, (vi) reduced boarding card and airport bag fees, and (vii) a new service to cater for groups and corporate travellers. Our new family product will launch in June and will allow children (when travelling with their family) to receive discounts on allocated seats and bags, while families who travel frequently with Ryanair can qualify for discounts on future flights. In the autumn we will launch a business service in conjunction with our frequency build on key business routes which will include, same day flight changes, bigger bag allowances, premium seat allocation, mobile boarding pass, and fast-rack through security at many Ryanair airports. This service, together with our new GDS distribution strategy, will make Ryanair much more accessible and easier to use for business customers.
Digital & Distribution Improvements
Our new digital strategy began to roll out last November with a much easier to use website, cutting the booking process from 17 to 5 “clicks”. More recently we unveiled a new website with “fare finder” which enables customers to easily find our lowest fares, share these fares with their friends and book them quickly. The “My Ryanair” registration service has been welcomed by customers with over 2m already registered. We will continue to invest in web and digital improvements over the coming year, as we deliver an industry leading mobile app (tailored for smart phones and tablets) by mid-summer, and improve our digital marketing and CRM services for the benefit of all our customers.
In April, we began extensive TV and outdoor advertising in major EU markets to promote our new website and recent customer experience improvements. These campaigns will continue through the year, as our marketing and advertising spend rises to approx. €35m (from just €10m last year), although this spend is still less than €0.50 per passenger.
We have broadened our distribution by becoming the first low fares airline in Europe to partner with Google’s “Flight Search” function, which is now available in the UK, France, Germany, Italy, Holland, Ireland, Poland and Spain (and more countries follow shortly). This partnership enables consumers to easily access and book Ryanair’s lower fares every time they search on Google. In April we began distribution on Galileo and Worldspan GDS systems, which allows travel and corporate agents to see and book Ryanair’s low fares. We are in talks with other GDS‘s (to broaden our distribution base) and hope to add more before year end. Our new Groups and Corporate travel service launched in January and take up of these services is growing rapidly.
We are 90% hedged for FY15 at a cost of $960 per tonne (approx. $96 p.bl). This will generate net savings of approx. €70m compared to FY14. In light of recent oil price and US$ weakness we have hedged approx. 13% of our FY16 fuel (at approx. $94 per barrel), and have also hedged our dollar requirements which will deliver further savings of up to 4% per passenger, in Euro terms, in FY 2016.
Our balance sheet remains among the strongest in the industry and was a key factor in S&P and Fitch recently awarding BBB+ ratings to Ryanair, making us the highest rated airline in the world. During FY14 we completed €482m of share buybacks, well ahead of our original €400m target. We remain committed to returning a further €500m to shareholders in Q4 via a special dividend subject to AGM approval. This will bring the total returns to Ryanair shareholders since 2008 to over €2.5bn. Our business model remains strongly cash generative and year end cash amounted to €3.2bn (net cash of €158m), despite €482m in buybacks, debt repayments of €391m, and capex of €506m during the year.
We expect FY15 traffic to grow by 4% to over 84.6m as load factors increase 2% to 85% and we add some limited new route and capacity growth. Most of this growth will be skewed towards H2 as we reduce our winter grounding from 70 aircraft in FY14 to approx. 50 in FY15. While fares fell by 4% in FY14 we expect FY15 fares to rise by up to 2%. H1 fares will rise by up to 6% due in part to Easter, stable growth in Q2, and stronger forward bookings and load factors. However we remain very cautious about H2 guidance (especially following last winter’s weak price environment) where we are committed to 6% capacity growth which could cause H2 fares to fall by as much as 6% to 8%.
Unit costs for FY15 will be flat. Fuel costs (which includes de-icing) will be €70m lower than last year as we are 90% hedged, but we expect de-icing costs to rise from last year’s unusually mild winter. Excluding fuel unit costs will rise by approx. 5% reflecting pay increases, primary airport charges, a €25m rise in advertising and marketing, and ownership cost increases due to summer lease ins and new aircraft deliveries from September onwards.
In conclusion, we expect this combination of a strong H1, but a weaker H2 will generate a significant rise in after tax profits to a range of between €580m to €620m, although this guidance is heavily qualified by H2 yield outturn, over which we currently have zero visibility.
Read the Bloomberg Businessweek article on how Ryanair is trying hard to be a “gentler and nicer” airline: CLICK HERE
Copyright Photo: Ole Simon/AirlinersGallery.com. Boeing 737-8AS EI-EMK (msn 38512) arrives in Madrid painted in the special “UK Airport Transfers” livery for National Express.
Ryanair (Dublin) and Boeing (Chicago and Seattle) have finalized an order for five additional Next-Generation 737s, valued at $452 million at list prices. Today’s announcement brings the total number of unfilled Next-Generation 737 orders for the Ireland-based ultra-low-cost carrier to 180 airplanes.
The airline announced last year an order for 175 of the airplanes. Ryanair is the world’s largest 737-800 customer, with orders placed for 528 of the type to date.
Ryanair operates more than 1,600 flights daily from 68 bases connecting 186 destinations in 30 countries. Currently operating more than 300 737-800s, Ryanair took delivery of its first in 1999, and now operates the largest fleet of Boeing airplanes in Europe. With a team of more than 9,000 highly skilled professionals the airline is expected to fly more than 81.5 million passengers this year alone.
Today’s announcement brings the total number of 737s ordered to date to more than 11,000. Boeing currently has more than 3,700 unfilled orders for 737s.
Copyright Photo: SM Fitzwilliams Collection/AirlinersGallery.com. Boeing 737-8AS EI-DHK (msn 33820) lands at the Dublin home base.
Ryanair Slide Show: CLICK HERE
Ryanair Holdings plc (Ryanair) (Dublin) announced that it intends to open its 5th German base located in Cologne/Bonn in October 2014.
Ryanair will be offering eight routes from CGN, including five new routes to Dublin, London (Stansted), Madrid, Riga and Rome (Ciampino).
Previously the airline announced it would open its third Polish base (66th in total) at Gdansk in October 2014 with one based Boeing 737-800 and three new winter routes to Birmingham, Leeds/Bradford and Warsaw (Modlin) (10 in total).
Copyright Photo: Globalpics/AirlinersGallery.com. Ryanair’s new “UK Airport Transfers” logo jet for National Express on Boeing 737-8AS EI-EMK (msn 38512) is pictured landing at the London (Stansted) hub.
Current and some the new destinations from Cologne/Bonn:
Ryanair (Dublin) yesterday (April 1) opened its third Portuguese base at Lisbon (64th in total) with one based Boeing 737-800 and 7 new routes (11 in total) with 124 weekly flights.
The ultra low-fare airline also opened yesterday its third Greek base at Athens (65th in total) with two based Boeing 737-800s and 6 new routes with up to 150 weekly flights.
Copyright Photo: Robbie Shaw/AirlinersGallery.com. Boeing 737-8AS EI-EBS (msn 35001) with “Comunitat Valenciana” sub-titles departs from Marrakesh.
Ryanair (Dublin) has released its Dublin winter 2014 schedule, with 7 new routes (59 in total) and increased flights on 21 existing routes (growing from 900 to over 1,000 weekly flights). According to the airline, “This growth is a direct result of the Government’s welcome decision to scrap the travel tax from April 1 and will deliver over 800,000 more passengers at Dublin Airport this year.”
7 New Winter Routes 21 Routes With New Flights
|Cologne||2 x daily||London (LGW)||8 – 10 x daily|
|Lisbon||2 x daily||Birmingham||6 – 8 x daily|
|Prague||2 x daily||Brussels (CRL)||4 – 6 x daily|
8 x p/week
|Barcelona||2 – 4 x daily|
6 x p/week
|Madrid||2 – 4 x daily|
6 x p/week
|Milan (BGY)||2 – 4 x daily|
4 x p/week
|Paris||2 – 4 x daily|
|Rome (CIA)||2 – 4 x daily|
|Krakow||12 pw – 2 x daily|
|Riga||12 pw – 2 x daily|
|Berlin||10 pw – 2 x daily|
|Bratislava||10 pw – 2 x daily|
|Budapest||10 pw – 2 x daily|
|Malaga||10 pw – 2 x daily|
|Warsaw||10 pw – 2 x daily|
|Lanzarote||8 pw – 2 x daily|
|Wroclaw||8 to 10 p/week|
|Faro||6 to 8 p/week|
|Fuerteventura||4 to 6 p/week|
|Malta||4 to 6 p/week|
|Rzeszow||4 to 6 p/week|
Copyright Photo: Michael Kelly/AirlinersGallery.com. Boeing 737-8AS EI-EBH (msn 37526) “City of Nykoping” prepares for its runway roll at Dublin.
CanJet Airlines (2nd) (Halifax) will develop and launch its own in-house travel tour operation for the next winter season. The company is diversifying after Air Transat (Montreal) decided to use its own Boeing 737-800s to conduct its holiday package flights rather than using the Boeing 737-800s of CanJet. The company will use either the CanJet vacations or CanJet Holidays name for the new division.
Read the full report from the Financial Post: CLICK HERE
Copyright Photo: Bruce Drum/AirlinersGallery.com. Boeing 737-8AS C-FTCX (msn 29921) taxies to runway 9L at Fort Lauderdale-Hollywood International Airport (FLL).
Ryanair (Dublin) on February 27 opened its second base in Belgium at Brussels (Zaventem) with four based Boeing 737-800s. The ultra low-fare airline will operate to 10 destinations (Alicante, Barcelona, Ibiza, Lisbon, Malaga, Palma, Porto, Rome, Valencia and Venice) with 200 weekly flights.
In other news, the carrier on February 26 added extra flights on nine London Stansted routes to Bologna, Dublin, Lanzarote, Marrakech, Paphos, Riga, Salzburg, Santiago and Tours.
Copyright Photo: Paul Bannwarth/AirlinersGallery.com. Boeing 737-8AS EI-EVV (msn 40314) with special “Krakow and Malopolska” sub-titles departs from the lunar-like landscape of Tenerife (Sur) in the Canary Islands.
Ryanair (Dublin) will launch its first route to Russia starting on April 1. The Dublin-St. Petersburg (Pulkovo) will be operated three days a week per ShanghaiDaily.com. The ultra fare airline had planned to launched flights to both St. Petersburg and Moscow in March but it is being delayed to April 1.
Copyright Photo: Michael Kelly/AirlinersGallery.com. Ryanair’s Boeing 737-8AS EI-EBN (msn 35003) taxies at the Dublin home and base.
Nok Air (Bangkok) according to Reuters is expected to place an order for new Boeing 737 MAX aircraft to replace its current Boeing 737s. The order will be announced by Boeing at the Singapore Airshow next week.
Read the full report: CLICK HERE
Copyright Photo: Keith Burton/AirlinersGallery.com. Formerly operated by Ryanair, Nok Air Boeing 737-8AS WL HS-DBB (msn 33814) departs from the Bangkok (Don Mueang) hub.
Ryanair (Dublin) in March will add four new routes from Manchester to Barcelona, Bologna, Fuerteventura and Gran Canaria. This will bring the total of MAN routes to 36.
Copyright Photo: SM Fitzwilliams Collection/AirlinersGallery.com. Boeing 737-8AS EI-DCH (msn 33559) touches down in Dublin.
Ryanair (Dublin) will appeal the UK Competition Commission (UKCC) final report concerning Ryanair’s 29.8 percent share of Aer Lingus (Dublin) and its effort to acquire a controlling share. Based on this decision the Irish ultra low-fare carrier has been shopping its share to other carriers but so far there are no takers. Here is the statement by the flamboyant airline:
Ryanair has confirmed that it will appeal the UK Competition Commission (UKCC) final report which wrongly found that Ryanair, through its 7 year old minority (29.8%) shareholding in Aer Lingus, “had led or may be expected to lead to a substantial lessening of competition between the airlines on routes between Great Britain and Ireland”. This baseless claim is manifestly disproven by 7 years of evidence and by the European Commission’s recent (Feb 2013) ruling that competition between Ryanair and Aer Lingus has “intensified” since 2007.
Under EU law, the UKCC has a duty of sincere cooperation with the EU, and cannot contradict or reach different conclusions to the European Commission’s findings. Inexplicably, today’s report by the UKCC infringes this legal duty by ignoring and contradicting the recent findings of the European Commission that:
“Aer Lingus and Ryanair compete on a greater number of routes compared to the 2007 Decision”, “there is significant competitive interaction between the Parties”, and“evidence collected by the Commission in the market investigation has also confirmed that the competitive relationship between Ryanair and Aer Lingus has at least persisted, if not increased, since 2007”.
In addition, the UKCC has inexplicably dismissed Ryanair’s unprecedented remedies package which comprehensively addressed the UKCC’s three invented “concerns”. For example, the UKCC rejected Ryanair’s offer to unconditionally sell its minority stake to any other airline that makes a bid for Aer Lingus and obtains acceptances from 50.1% of Aer Lingus’ shareholders. Ryanair also offered to support Aer Lingus’ rights issues and any disposal of Aer Lingus’ Heathrow slots, but these simple and effective remedies were also rejected by the UKCC.
The UKCC’s manifestly unjust ruling demonstrates that it did not conduct any fair investigation and that it has now merely announced what was its pre-determined conclusion. Ryanair will appeal the UKCC’s unlawful ruling to the UK Competition Appeal Tribunal. In any event, until the completion of Ryanair’s appeal to the EU courts against the European Commission’s February 2013 prohibition decision, the CC cannot lawfully impose any remedies on Ryanair.
Ryanair’s Michael O’Leary said:
“This report by the UKCC is bizarre and manifestly wrong but also entirely expected. From the first meeting with the UKCC it has been clear to us that Simon Polito’s and Roger Davis’ minds had been made up in advance and no truth or evidence was going to get in the way of their story. This prejudicial approach to an Irish airline is very disturbing, coming from an English government body that regards itself a model competition authority.
Polito’s and Davis’ ignoring of evidence, their conduct of a manifestly unfair investigation, their omission of all the substantial body of evidence that conclusively disproves their case, and their rejection of Ryanair’s unprecedented undertakings (which patently address their three invented future concerns), all in a misguided pursuit of their pre-determined conclusion, demonstrate that this process was not a competition investigation but merely a corrupt and politically biased charade.
While Ryanair is one of the UK’s largest airlines, Aer Lingus has a tiny presence in the UK, serving just 6 routes to the Republic of Ireland, a traffic base that has declined over the past 3 years and now accounts for less than 1% of all UK air traffic. This case, involving two Irish airlines where one (Aer Lingus) accounts for less than 1% of the UK’s total air traffic and concerns very few UK consumers, is yet another enormous waste of UK taxpayer resources from a body which took no action whatsoever when the two main UK airlines (BA and bmi) merged. It would appear to be a case of one rule for the UK airlines but an invented set of rules for two Irish airlines.
Copyright Photo: Antony J. Best/AirlinersGallery.com. Boeing 737-8AS EI-DLO (msn 34178) with “Bye Bye EasyJet” sub-titles approaches the London (Stansted) for landing.
Ryanair Boeing 737-8AS EI-DHJ (msn 33819) BOH (Antony J. Best), originally uploaded by Airliners Gallery.
Ryanair (Dublin) will close its Marseille base in January due to French taxes and social insurance requirements. Ryanair considers its employees to be Irish employees while French authorities consider the employees to be under French law. 13 routes will be dropped.
Read the full report from Reuters:
Copyright Photo: Antony J. Best. Boeing 737-8AS EI-DHJ (msn 33819) lands at Bournemouth.
Ryanair Boeing 737-8AS EI-CSA (msn 29916) (Scotland) STN (Antony J. Best), originally uploaded by Airliners Gallery.
Ryanair (Dublin) cancelled over 300 flights to and from and also in Spain yesterday.
Read the announcement from Ryanair:
Copyright Photo: Antony J. Best. Boeing 737-8AS EI-CSA (msn 29916) is pictured arriving at the Stansted Airport hub.
Blue Air (Bucharest) is operating it Boeing 737-8AS YR-BIB (msn 29926) for Travel Service Airlines (Prgue), creating this interesting hybrid livery.
Copyright Photo: Rainer Bexten. YR-BIB prepares to depart from Madrid.
Ryanair Boeing 737-8AS WL EI-DCL (msn 33806) (Dreamliner colors) BLQ (Lucio Alfieri), originally uploaded by Airliners Gallery.
Ryanair (Dublin) which pulled out of negotiations with Boeing for 200 aircraft, is back in the news with its CEO (Michael O’Leary) saying the company may be in the market this time for up to 300 aircraft (assuming the price is right).
Read the full report from Reuters:
Copyright Photo: Lucio Alfieri. Boeing 737-8AS EI-DCL (msn 33806) visits Bologna in the Boeing colors.
Ryanair Boeing 737-8AS EI-CSA (msn 29916) (Scotland) STN (Antony J. Best), originally uploaded by Airliners Gallery.
Ryanair (Dublin) saw its fiscal first quarter net profit slip to $121 million due mainly to airspace closures due to volcanic ash.
Read the full report in Bloomberg Businessweek:
Copyright Photo: Boeing 737-8AS EI-CSA (msn 29916) approaches the Stansted Airport hub and use to promote Scotland. It has since gone on to VARIG (2nd) as PR-VBA.
Ryanair Boeing 737-8AS WL EI-CSC (msn 29918) (Cable and Wireless) STN (Antony J. Best), originally uploaded by Airliners Gallery.
Ryanair (Dublin) will cut its winter capacity at Dubin by 15% and reduced the number of based aircraft from 14 to 12.
Read the full WSJ report:
Copyright Photo: Antony J. Best. Now gone to VARIG, Boeing 737-8AS EI-CSC (msn 29918) in the unique Cable & Wireless logojet scheme, prepares to land at London (Stansted).
Ryanair Boeing 737-8AS EI-DHJ (msn 33819) BOH (Antony J. Best), originally uploaded by Airliners Gallery.
Ryanair (Dublin) plans to cut United Kingdon winter capacity because of the British government’s departure tax and high airport charges, resulting in a loss of 200 Ryanair jobs at Stansted airport according to this report in the WSJ.
Read the full report:
Copyright Photo: Antony J. Best. Boeing 737-8AS EI-DHJ (msn 33819) prepares to land at Bournemouth.
GOL Linhas Aereas Inteligentes S.A. (Sao Paulo), the parent of GOL Transportes Aereas and VARIG (2nd) (VRG Linhas Aereas), announced yesterday (June 2) that it has joined the International Air Transport Association (IATA) as an active meber. IATA is an international trade body, representing approximately 230 airlines, comprising 93% of scheduled international air traffic.
Copyright Photo: Marcelo F. De Biasi. VARIG’s Boeing 737-8AS PR-VBA (msn 29916) climbs away from the Sao Paulo (Guarulhos) base.
Ryanair Boeing 737-8AS EI-DAO (msn 33550) (Pride of Scotland) STN (Antony J. Best), originally uploaded by Airliners Gallery.
Ryanair (Dublin) will pay its first dividend after reporting a yearly profit because of declining fuel costs. The company reported net income of $370 million for its fiscal year through March 31.
Copyright Photo: Antony J. Best. Boeing 737-8AS EI-DAO (msn 33550) “Pride of Scotland” prepares to taxi from the gate at Stansted Airport.
Ryanair Boeing 737-8AS WL EI-DCJ (msn 33564) SZG (Arnd Wolf), originally uploaded by Airliners Gallery.
Ryanair (Dublin) announced it will open its 42nd base at Barcelona (El Prat) in September 2010 with vive based aircraft and 20 routes.
Read the full press release:
Copyright Photo: Arnd Wolf. Ryanair’s Boeing 737-8AS EI-DCJ (msn 33564) taxies at beautiful Salzburg.
Ryanair Boeing 737-8AS WL EI-DHX (msn 33585) (Costa Daurada) STN (James Mepsted), originally uploaded by Airliners Gallery.
Ryanair (Dublin) is promoting Costa Daurada with special markings on its Boeing 737-8AS EI-DHX (msn 33585).
The Costa Daurada (Golden Coast) is a 216 kilometers long coastline located on the coast of Catalonia, Spain, in the comarques of Baix Penedès, Tarragonès, Baix Camp and Baix Ebre. It is an important tourism area of Spain.
Copyright Photo: James Mepsted.
Ethiopian Airlines’ (Addis Ababa) according to Jimma Times CEO Girma Wake is not happy with on-going investigation of the January 15 crash of Boeing 737-8AS ET-ANB (msn 29935). According to this published report, the CEO accused Lebanese authorities on Wednesday (February 24) of making misleading comments on the cause of flight ET 409 crash on January 25 shortly after taking off from Beirut. The airline officials are dismissing reports of sabotage and the blaming of the flight crew for not following instructions by Lebanese Air Traffic Control (ATC).
According to this published report in the Jimma Times, the Lebanese newspaper As-Safir, claims to have seen findings by the disaster investigators, suggesting that the Ethiopian pilot lost control of the plane moments before it plunged into the sea off the coast of Naameh, south of Beirut.
According to As-Safir, the preliminary report allegedly states “Navigation authorities in Rafik Hariri International Airport and other Lebanese authorities were freed from responsibility. The crash was attributed to a ‘human error committed inside the cockpit’.”
Here is the full article:
Copyright Photo: Jay Selman. Ex-Ryanair Boeing 737-8AS ET-ANB (msn 29935) is pictured on approach at Dubai before the tragic accident.
Ethiopian Airlines’ (Addis Ababa) crash yesterday morning in Beirut is becoming a mystery. The pilot in command of the aircraft was unable to follow flight instructions from ATC and made a sharp turn before plunging into the Mediterranean Sea.
Latest news link:
Ethiopian Airlines (Addis Ababa) tragically lost its ex-Ryanair Boeing 737-8AS ET-ANB (msn 29935, ex EI-CSW) this morning (January 25) off the coast of Lebanon (not newly-acquired ET-AMZ). ET-ANB was built in 2002 and was delivered to Ethiopian on September 12, 2009. Flight ET 409 had just departed Beirut en route to Addis Ababa with 90 passengers and crew on board. There were reports of thunderstorms in the area. Search crews are looking for debris and any possible survivors.
Ethiopian issued this initial press release:
07:02 AM – Local Time
Ethiopian flight ET-409 scheduled to operate from Beirut to Addis Ababa on January 25th lost contact with the Lebanese air controllers shortly after take off. The flight departed at 02:35 Lebanese time from Beirut International Airport.
Flight ET-409 carries 82 passenger plus 8 Ethiopian Crew members. Out of the total passengers 23 are Ethiopian, 51 Lebanese, 1 Turkish, 1 French, 2 British, 1 Russian, 1 Canadian, 1 Syrian, 1 Iraqi nationals.
A team is already working on gathering all pertinent information. An investigative team has already been dispatched to the scene and we will release further information as further updates are received.
Ryanair (Dublin) will leave Basel/Mulhouse and drop its six routes over a dispute over airport fees. The Irish carrier was demanding the airport drop its rates.
Copyright Photo: Antony J. Best.
Please click on photo or link below for full view, information, prints for sale and other photos:
VARIG (2nd) (VRG Linhas Aereas) (subsidiary of Gol Linhas Aereas Inteligentes) (Sao Paulo) will add Aruba and the Sao Paulo (Guarulhos)-Aruba route via Caracas each Sunday effective October 4. The new route will be flown with Boeing 737-800s.
Ethiopian Airlines’ (Addis Ababa) has added ex-Ryanair Boeing 737-8AS ET-ANB (msn 29935).
Ryanair (Dublin) is supporting a positive vote on October 2 for Ireland to approve the Lisbon Treaty. A yes vote would bring European Union membership to Ireland, joining 26 other member countries.
Ryanair (Dublin) has decided to add more routes from Leeds/Bradford, the home of rival low-cost carrier Jet2.com. Two Boeing 737-800s will be based at LBA. Ryanair will now serve 8 of 14 routes from LBA currently operated by Jet2.com.
Ryanair’s (Dublin) Boeing 737-8AS EI-CST (msn 29933) has been retired and it is now going to CanJet Airlines (2nd) (Halifax). This airliner was repainted at Amsterdam and was ferried to Lasham on March 19 for further work before delivery.
Ryanair (Dublin) in April will add seven new routes from Memmingen (Munich West). The new routes include flights to Alghero, Alicante, Dublin, Girona (near Barcelona), London (Stansted), Pisa and Reus (near Barcelona). The company will also add another Boeing 737-800 based at Charleroi (near Brussels) (total now eight) in order to add four new routes (total now 43) to Brindisi, La Rochelle, Palma de Mallorca and Turin (Turino). The pilots of Ryanair also agreed to a pay freeze for the next 12 months.