Category Archives: Air Nostrum

Air Nostrum acquires a 51% share of Medavia

In July 2018 an agreement was finalized between Mediterranean Aviation Company Ltd (Medavia) and Air Nostrum.

The deal had previously been announced in November 2017.

Under the agreement, Air Nostrum is acquiring a 51% shareholding in Mediterranean Aviation Operations Company Ltd, a subsidiary of Medavia which holds the Air Operator’s Certificate (AOC). 

Air Nostrum has transferred to the Maltese registration two Bombardier CRJ1000s, including the pictured 9H-MOX (former EC-MOX) (top) leased to Binter Canarias. The other machine is 9H-LOJ (ex EC-LOJ).

Medavia (Safi, Libya) and employs around 100 staff personnel. The airline operates regular flights between Malta and Libya under a Maltese AOC. The airline also operates charter flights to Italy. 

However according to EU rules, airline operating licenses can only be granted to companies that are more than 50 percent owned by an EU country or an EU national.

Brussels had given the Maltese government an ultimatum over the situation.

Javier Rodriguez reporting from Spain.

Top Copyright Photo: Javier Rodriguez.

Video:

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Air Nostrum and CityJet join forces to create the largest pan European regional airline group

Air Nostrum-Iberia Regional Bombardier CRJ1000 (CL-600-2E25) EC-LOJ (msn 19018) PMI (Javier Rodriguez). Image: 936716.

Air Nostrum and CityJet have announced that they have signed a Heads of Terms with the aim to bring about closer co-operation between the two airlines under the umbrella of a new holding company. Such a development will be subject to obtaining the requisite regulatory approvals and the preparation of the relevant filings has begun.

The coming together of these two regional airlines would see the creation of the largest pan-European regional airline group.

Air Nostrum, who employs 1,450 people, is especially well known as the Regional Operator for Iberia under a longstanding franchise agreement flying to more than 60 destinations within Europe and Africa, with a fleet of 50 aircraft, including 30 Bombardier CRJ1000 regional jets. Air Nostrum is also active on wet lease services for customers across Europe, including Lufthansa, SAS, Binter or Croatian Airlines.


CityJet employs 1,250 people across 9 European countries and operates an extensive regional network of services under wet lease contracts with Air France, Brussels Airlines and SAS with a fleet of over 40 aircraft based in nine locations across Europe. This fleet includes 22 new Bombardier CRJ900 regional jets acquired specifically for wet lease services.


The two airlines are coincidentally of very similar age, having been founded in 1993 (CityJet) and 1994 (Air Nostrum), both now being close to their 25th year of operation.


It is this combined span of experience that gives Air Nostrum and CityJet the enthusiasm and energy to move forward to consolidate their respective reservoirs of specialist knowledge and skilled resources into a single group pool of considerable depth.

Carlos Bertomeu, President of Air Nostrum said that ’’Europe is experiencing substantial expansion of wet lease contracts, otherwise known in North America as Capacity Purchase Agreements, as established airlines pursue a strategy of outsourcing their regional flying programmes. By CityJet and Air Nostrum finding a formula for combining their respective resources in terms of aircraft, crew and support services, this will undoubtedly result in a far more comprehensive and cost effective option for leading airlines in Europe to outsource their regional networks with confidence in the strength of this proposed new entity as an ideal partner for such activity’’.

Pat Byrne, CEO of CityJet said ‘’ There are so many things we have in common with Air Nostrum, especially the fact that we both operate large fleets of Bombardier CRJ 900 and CRJ 1000 aircraft which we believe is a robust and economic platform and ideal for wet lease contracts. Our combined fleets would represent a total fleet strength close to 100 aircraft. By coming together, we believe we will be in a position to respond to the specific needs of customer airlines through our flexibility in the provision of safe, dependable and quality assured operations. Our respective proven capacity and asset management expertise in acquiring aircraft for new wet lease contracts is also a significant added benefit we can provide to our airline customers.’’

The consolidated annual gross revenue of Air Nostrum and CityJet would be circa €700m, derived from a balanced and well spread portfolio of wet lease and franchise contracts throughout Europe. This makes for a very solid financial base in which prospective contracting airlines can have confidence in terms of the proposed new regional airline group’s capacity to deliver exceptional service on optimal economic terms.

Top Copyright Photo: Air Nostrum-Iberia Regional Bombardier CRJ1000 (CL-600-2E25) EC-LOJ (msn 19018) PMI (Javier Rodriguez). Image: 936716.

Air Nostrum aircraft slide show:

CityJet aircraft slide show:

Bottom Copyright Photo: CityJet (Ireland) Sukhoi Superjet 100 EI-FWA (msn 95102) ZRH (Andi Hiltl). Image: 937322.

CityJet (Ireland) Sukhoi Superjet 100 EI-FWA (msn 95102) ZRH (Andi Hiltl). Image: 937322.

Air Nostrum promotes the Cies Islands

Promoting the "Islas Cies"

Air Nostrum has painted one of its Bombardier CRJ1000 (EC-MNQ) in a Cies Islands promotional special livery.

The Cíes Islands are an archipelago off the coast of Pontevedra, in the region  of Galicia (Western Spain) in the mouth of the Ria de Vigo.

They belong to the municipality of Vigo. They were declared a Natural Reserve in 1980 and are included in the Atlantic Islands of Galicia National Park.

Javier Rodriguez reporting from Spain.

Copyright Photo: Air Nostrum-Iberia Regional Bombardier CRJ1000 (CL-600-2E25) EC-MNQ (msn 19051) (Islas Cies) PMI (Javier Rodriguez). Image: 939314.

Iberia resumes summer services to Croatia

Iberia (Madrid) resumed its summer services to Croatia on June 9 with a Madrid-Dubrovnik flight, which will operate Mondays, Thursdays, Saturdays and Sundays until September 29.

Flights to the Croatian capital of Zagreb, will be resumed on Saturday, June 14. Airbus A320-family aircraft with 172 seats will be used on the Saturday and Sunday return flights from Madrid.

On July 19 Iberia’s franchise partner Iberia Regional/Air Nostrum will resume thrice-weekly services to the Croatian city of Split, flying Wednesdays, Thursdays, and Saturdays until August 30.

Copyright Photo: Javier Rodriguez/AirlinersGallery.com. Iberia’s Airbus A321-213 EC-JGS (msn 2472) in the new look taxies at the Madrid hub.

Video: Repainting an Airbus:

Iberia: AG Slide Show

 

 

Air Nostrum accepts its 75th airliner built by Bombardier

Air Nostrum (Valencia) on February 2 took delivery of its latest Bombardier CRJ1000 (EC-LPN), its 75th airliner built by the Canadian manufacturer.

CRJ900 (CL-600-2E25) EC-LPN (msn 19022) becomes the 75th Bombardier delivery. The company has now taken delivery of nine CRJ1000s, 11 CRJ900s, 35 CRJ200s and 19 DHC-8-300 (Q300) turboprops.

Copyright Photo: Michael Stappen.

Air Nostrum Photo Gallery: CLICK HERE

Routes from Valencia:

Click on the map to expand.

Air Nostrum to cut its fleet, salaries and also move its headquarters

Air Nostrum (Líneas Aéreas del Mediterráneo, S.A.) (Iberia Regional) (Valencia) has announced that it will retire 15 aircraft from service (CRJ200s?). The struggling company also plans a 10% reduction in salaries and will move its Valencia Headquarter to Bilbao, in the Basque Country in northern Spain.

Copyright Photo: Ariel Shocron. Please click on the photo for additional information.

Air Nostrum Slide Show: CLICK HERE

Air Nostrum to add the Madrid-Manchester route on October 31

Air Nostrum (Iberia Regional) (Valencia) will add the Madrid-Manchester route starting on October 31 according to Airline Route. The new route will be operated with the new Bombardier CRJ1000.

Copyright Photo: Lucio Alfieri. Please click on the photo for additional information on the CRJ1000.