Low Cost Airline News - Europe.Nov 13, 2006
Brussels Airlines Brussels Airlines is a Belgian airline based at Brussels Airport. It operates to over 50 destinations in 20 European countries, as well as long-haul flights to East, Central and West Africa. , SN Brussels Airlines SN Brussels Airlines (SNBA) was a former national airline of Belgium, which mainly operated from Brussels Airport. SNBA was the trading name of the Belgian airline Delta Air Transport. SNBA was a full-service airline, connecting Brussels with the rest of Europe. , Virgin Express
Brussels Airlines unveiled. SN Brussels Airlines and Virgin Express announced that Brussels Airlines will be the name of the merged company, a "new-generation" carrier that will meet "the real needs of...both business and low-cost travelers: Flexibility, service and timesaving for the former, and the lowest fare guarantee for the latter." Nov 8, 2006
Bulgaria Air Bulgaria Air (Bulgarian name: България Ер) is the national airline carrier of Bulgaria, based in the capital, Sofia.
Bulgaria Air will be sold to Balkan Hemus Group, the Bulgarian government announced Thursday. Hemus, which outbid out·bid
tr.v. out·bid, out·bid·den or out·bid, out·bid·ding, out·bids
To bid higher than: We outbid our rivals at the auction. Air One for the flag carrier, will buy a 99.99% stake. It plans to invest [euro]62 million ($79.1 million) over the next two years and [euro]82.1 million in the next five, launching service to 36 new destinations. Nov 6, 2006
Centralwings will launch twice-weekly flights from Lodz to Rome Ciampino and Paris Beauvais from Feb. 19 aboard 737-300s/-400s. Flights will be thrice-weekly during the summer 2007 schedule. Nov 8, 2006
EasyJet transported 2.9 million passengers in October, up 7.3% from the year-ago month. Load factor fell 2.4 points to 83.2%. Nov 10, 2006
EasyJet will reinstate its thrice-weekly Bristol-Pisa service on Jan. 18. The route originally was a summer-only service. Year-round service will become daily by the end of March. Nov 10, 2006
EasyJet canceled 469 flights in August because of the heightened security, imposed after police said they foiled a plot to bomb US-bound airliners. Nov 7, 2006
EasyJet October Passenger Traffic Up 7.3 Percent. British low-cost airline easyJet said on Tuesday its load factor was down 2.4 percentage points to 83.2 percent in October. Passenger numbers in October rose 7.3 percent to 2.935 million, it said. Nov 7, 2006
EasyJet reports annual earnings next week, said last month its year profit would be higher than expected despite disruptions caused by heightened security at UK airports in August. EasyJet said on October 6 it expected pretax profit for the year ending September to be slightly ahead of earlier guidance for a 40-50 percent rise. Nov 7, 2006
Intersky, an Austrian LCC (Leadless Chip Carrier, Leaded Chip Carrier) See leadless chip carrier, CLCC and PLCC.
1. LCC - Language for Conversational Computing. Written at CMU in the 1960's. , will add a fourth Dash 8 Q300 by next year. "Regarding our future fleet expansion program, from aircraft No. 5 up to No. 10 we plan to add Bombardier Dash 8 Q400s," President Renate Moser said. Intersky is considering the ATR ATR Achilles tendon reflex, see Ankle reflex 72 and Embraer 175 as a future replacement for the DHC-8-Q300 and expects to add those aircraft by 2009. The carrier recently opened a four-times-weekly Graz-Berlin Templehof service and plans to start Friedrichshafen-Paris services next. It did not specify a Paris airport Paris Airport may refer to:
Norwegian flew 410 million RPKs in October, a 53% increase over the year-ago month. Capacity climbed 60% to 538 million ASKs, reducing load factor 4 points to 76%. It estimated a 4% drop in yield to NOK NOK
In currencies, this is the abbreviation for the Norwegian Krone.
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 0.70 ($0.11). Nov 10, 2006
Ryanair's "amazing autumn sale" commercials promised "Four Million Zero Fare Seats". Small print at the bottom of the screen said taxes and charges applied. Ryanair had no immediate comment.. The airline has fallen foul of Britain's ASA Asa (ā`sə), in the Bible, king of Judah, son and successor of Abijah. He was a good king, zealous in his extirpation of idols. When Baasha of Israel took Ramah (a few miles N of Jerusalem), Asa bought the help of Benhadad of Damascus and before. In May, the watchdog upheld a complaint about an advert for three million free tickets because it failed to make clear that the offer did not include flights on Fridays. In 2004, it rapped a promotion offering "giveaway" flights because passengers would have to pay charges and taxes. The European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the
European Community said in July it planned to clamp down on misleading air fares. Under the European Commission European Commission, branch of the governing body of the European Union (EU) invested with executive and some legislative powers. Located in Brussels, Belgium, it was founded in 1967 when the three treaty organizations comprising what was then the European Community proposals, airlines would have to be more transparent about the final price passengers pay. Nov 8, 2006
UK Raps Ryanair Over Free Flights Ads. Britain's advertising watchdog on Wednesday criticized Irish airline Ryanair for promoting millions of "zero fare" flights that actually cost passengers up to GBP GBP
In currencies, this is the abbreviation for the British Pound.
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 21.70 pounds (USD USD
In currencies, this is the abbreviation for the U.S. Dollar.
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $41.30). The Advertising Standards Authority The Advertising Standards Authority (ASA) is the independent British self regulatory organisation (SRO) of the advertising industry. The ASA is a non-statutory organisation and so cannot interpret or enforce legislation. (ASA) said Ryanair should have made clear that people would have to pay taxes and other charges on all tickets. It upheld a complaint from Ryanair's British rival Monarch Airlines and ordered the Dublin-based company to drop the TV commercials. In a written adjudication The legal process of resolving a dispute. The formal giving or pronouncing of a judgment or decree in a court proceeding; also the judgment or decision given. The entry of a decree by a court in respect to the parties in a case. , the ASA said Ryanair breached its code because the charges on each ticket were "non-optional". Nov 8, 2006
Ryanair flew 3.7 million passengers in October, a 23.4% rise over the year-ago month. Load factor fell 2 points to 83%. Nov 7, 2006
Ryanair raises full-year guidance after $270 million second-quarter profit. Ryanair outperformed market expectations as it reported a 23.7% increase in second fiscal quarter net profit to [euro]213.4 million ($271.3 million) from [euro]172.5 million in the year-ago period and raised its profit guidance for the year to next March 31 by 16% to [euro]350 million, up around 11% from its previous guidance of [euro]335 million. Nov 7, 2006
Ryanair said online hotel provider Need a Hotel had ended its partnership with the airline following a change of ownership but the move was not expected to effect earnings this year. Nov 6, 2006
Dublin-based Ryanair plans to seek shareholder approval in December for a 2 for 1 share split to improve the marketability and liquidity of its stock, particularly in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. where its depositary receipts are trading at over USD$60. Millar said he was upbeat about the company's 2007/2008 business year. "We have lots of plans for next year and we'd be very confident for the summer," he said. Nov 6, 2006
Regarding Ryanair's hostile bid for fellow Irish carrier Aer Lingus Aer Lingus is Ireland's national airline. Based in Dublin, it operates 41 Airbus aircraft serving Europe, Africa, North America and the Middle East. The airline is 28% owned by the Irish government; it was floated on the Dublin and London Stock Exchanges on 2 October 2006, , Millar said he expected Ryanair to extend the offer period beyond next week's deadline after a staff trust launched a ballot on the offer that runs until late November. Chief Executive Michael O'Leary Michael O'Leary is the name of a number of prominent people:
Ryanair ancillary revenues from sources other than ticket sales, such as car hire and in-flight services, rose to EUR EUR
In currencies, this is the abbreviation for the Euro.
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 87.7 million (USD$111.4 million) from EUR71 million (USD$90.2 million) in the same period last year. Nov 6, 2006
Ryanair has again extended its fuel hedging, having already insured 90 percent of its needs against price rises for the remainder of 2006 at an equivalent oil price of USD$73 a barrel. Nov 6, 2006
Ryanair now expects average fares to rise 2 to 3 percent in the third quarter against an earlier forecast for a 5 percent decline. For the second half as a whole, yields are seen flat. Nov 6, 2006
Ryanair Q2 Profit Up 23.7 Percent. Ryanair posted a stronger-than-expected jump in second-quarter profit on Monday and raised its full-year forecast on a rosier winter outlook, pushing shares in the airline to a record high. Net profit was EUR213.4 million (USD$271 million) in the three months to end-September, up 23.7 percent on the same period last year. Revenues rose 27.4 percent to EUR689.8 million (USD$876.3 million) in the period. Nov 6, 2006
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Oct 30, 2006