IB launches a LCC .
This LCC will be based in Barcelona and will be participated by IB itself, ACS (one of the biggest Spanish companies), Iberostar (a company having many hotels and resorts), Nefinsa (Air Nostrum) and Quercus, having 20% each in the new company. It is supposed that the company will have 5 planes at the end of this year and 30 in 2008
Name of this new LCC is still unknown.
Most of the routes will originate in BCN
so LCC Vueling will face now some competition in BCN.
[title updated by admin luchtzak]
Iberia launches an LCC: Clickair
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Iberia launches an LCC: Clickair
Best regards,
Airbuske
Airbuske
There are rumours that the LCC will start in October with flights to the most important European capitals (Londres, París, Roma, Amsterdam, Bruselas).
For these flights they will need 5 airplanes.
Before summer 2007 they will offer connections to East European and Africa destinations.
It seems that one of these 3 names : Air Mediterráneo, Mediterránea Airlines , Mediterráneo Airlines is making a good chance to be the name of the new airline.
For these flights they will need 5 airplanes.
Before summer 2007 they will offer connections to East European and Africa destinations.
It seems that one of these 3 names : Air Mediterráneo, Mediterránea Airlines , Mediterráneo Airlines is making a good chance to be the name of the new airline.
Best regards,
Airbuske
Airbuske
They will use 5 Iberia Airbuses.Atlantis wrote: Any idea what kind of a/c they will use?
The contract for those airbuses are expiring soon so
they will use them for the new low cost company.
The leasing prices are very intresting for those planes.
They will take off october 2006.
Last edited by airbuske on 26 May 2006, 10:24, edited 1 time in total.
Best regards,
Airbuske
Airbuske
The story continues...
Shortage of slots at Barcelona El Prat will reduce drastic the possibilities of the new airline to obtain slots at Barcelona Airport.
Following EU legislation it is only possible to transfer slots between parent company and subsidiarys. The new company will be a indepent company.
In addition, the operation of the services cannot be considered like extension or continuation of which they do at Iberia, Air Nostrum or Iberworld.The management of the company will be completely independent and the rights of their group will not have any type of connection with those of the mentioned airlines. So it will be impossible to transfer slots.
But for the moment the new low cost company still does not have license Aviación Civil to start operations.
Vueling demands same treatment in the allocation from AENA.
Vueling, the Catalan low cost carrier, is the main one threatened by the birth of the cheap airline of Iberia and other four partners.
Both are going to have their base at Barcelona Airport.
Carlos Muñoz, CEO of Vueling Airlines ,a ffirms that ' we are going to be very attentive to the allocation of slots that makes AENA at Barcelona Aiport. The saturation causes that it is difficult to obtain slots in Barcelona, and that must be equal for all competitors'.
Shortage of slots at Barcelona El Prat will reduce drastic the possibilities of the new airline to obtain slots at Barcelona Airport.
Following EU legislation it is only possible to transfer slots between parent company and subsidiarys. The new company will be a indepent company.
In addition, the operation of the services cannot be considered like extension or continuation of which they do at Iberia, Air Nostrum or Iberworld.The management of the company will be completely independent and the rights of their group will not have any type of connection with those of the mentioned airlines. So it will be impossible to transfer slots.
But for the moment the new low cost company still does not have license Aviación Civil to start operations.
Vueling demands same treatment in the allocation from AENA.
Vueling, the Catalan low cost carrier, is the main one threatened by the birth of the cheap airline of Iberia and other four partners.
Both are going to have their base at Barcelona Airport.
Carlos Muñoz, CEO of Vueling Airlines ,a ffirms that ' we are going to be very attentive to the allocation of slots that makes AENA at Barcelona Aiport. The saturation causes that it is difficult to obtain slots in Barcelona, and that must be equal for all competitors'.
Best regards,
Airbuske
Airbuske
Again, the same remark as always in this forum: please back-up your statements with sources! How can we estimate the value of your post if you don't back it up?airbuske wrote:They will use 5 Iberia Airbuses.Atlantis wrote: Any idea what kind of a/c they will use?
The contract for those airbuses are expiring soon so
they will use they for the new low cost company.
The leasing prices are very intresting for those planes.
They will take off october 2006.
http://news.airwise.com/airlines/iberia.html
Anyway, I found the following article stating that Iberia is considering buying or setting up it's own low-cost airline. This means that the idea is on the table and the first two questions that still need validation are:
1. Do we need to enter the LC market
2. If yes, make or buy decision
Two important quotes from the Iberia spokesman:
1. "Either we fight with the same weapons as these airlines or we will have to stay out of these markets" showing that the first question still needs to be answered
2. "What Iberia has to do is cut costs, either internally, or, if that fails, by any other means possible" clearly giving a motive for this proposal, a clear logic. Yet, this says nothing about feasability and probably they are conducting some expensive market researches on this very moment to support the above two questions.
Do keep in mind that the above article dates from april 20th 2006! (the 2005 mentionned is a mistake I think. Can anyone confirm (by crossing the dates of the other articles with current events?)
Kind regards,
bAIR
All my "statements" are my own translations from Spanish newspapers like El Pais , El mundo , Diario Sur..
Here you have an official press release from Iberia.
http://grupo.iberia.es/portal/site/grupoiberia/
Here you have an official press release from Iberia.
http://grupo.iberia.es/portal/site/grupoiberia/
Madrid, 25 of April of 2006
Iberia has decided to take a stake in a new low cost carrier that will operate point to point routes, basically from Barcelona.
The initial investment will amount to 24 million euros and Iberia will have 20% of the voting rights.
Other shareholders are Cobra Group, Iberostar Group, Quercus and Nefinsa each with a 20%.
The new company will start to operate in October 2006 and will be managed in a total independent way from Iberia. Iberia has offered the new operator the possibility to close some agreements with respect to maintenance, code sharing, participation in frequent flyer program, handling… everything under market conditions and to facilitate the start up of the operations. At the end of 2006 the new low cost carrier will have 5 aircraft and in 2008 will reach 30.
Best regards,
Airbuske
Airbuske
There we go 
Today at Hosteltur
Low cost of Iberia will operate European routes and domestic routes.
The new low cost carrier will make, in addition to flights to European cities, domestic and peripheral passages that do not pass by Madrid.
That was what Mullor Angel yesterday told at the inauguration of the new offices of the International Air Transport Association (IATA) in Madrid. The new company is going to make peripheral connections, like Valencia-London, for example, in addition to which is made from Barcelona". . The idea is , in his opinion, that they can fly all those connections that are interesting for one low cost and not happen through the Spanish capital.
With respect to the name of the new company, Mullor said that "it is practically decided, their initials will serve as flight code, although still we are looking for its registry like so". Mullor also announced that the Business plan for four years "already is designed", and that the airline "must enter benefits in two years", because "we do not want that the errors take place that have committed some companies".
It is sure that the don't want to touch the connections to and from Madrid.
Like their Puente Aéreo connection MAD - BCN - MAD.
Their are making a lot of money on this connection even with
competitors as Vueling and Spanair.
Today at Hosteltur
Low cost of Iberia will operate European routes and domestic routes.
The new low cost carrier will make, in addition to flights to European cities, domestic and peripheral passages that do not pass by Madrid.
That was what Mullor Angel yesterday told at the inauguration of the new offices of the International Air Transport Association (IATA) in Madrid. The new company is going to make peripheral connections, like Valencia-London, for example, in addition to which is made from Barcelona". . The idea is , in his opinion, that they can fly all those connections that are interesting for one low cost and not happen through the Spanish capital.
With respect to the name of the new company, Mullor said that "it is practically decided, their initials will serve as flight code, although still we are looking for its registry like so". Mullor also announced that the Business plan for four years "already is designed", and that the airline "must enter benefits in two years", because "we do not want that the errors take place that have committed some companies".
It is sure that the don't want to touch the connections to and from Madrid.
Like their Puente Aéreo connection MAD - BCN - MAD.
Their are making a lot of money on this connection even with
competitors as Vueling and Spanair.
Best regards,
Airbuske
Airbuske
Today at elcorreogallego
Iberia chooses Lavacolla as one of its bases for the new low cost carrier
Iberia changes its strategy and, instead of continuing facing their enemy individual, the low cost company, will fight with the same arms. The airport of Santiago will be one of first in which it will operate the new airline, for that company have been registered up to five names - Mediterranean Air, Mediterranean Airlines and the Mediterranean Airlines are the three that has the most possibilities and than it will begin to fly in the month of October.
The Chief Executive Officer, Mullor Angel, announced yesterday that the airline, in which Iberia participates 20% along with other four partners - the Group Cobra , Agrolimen , Nefinsa (pertaining to the Serratosa family, like Air Nostrum) and the tourist group Iberostar- will not fly to Madrid and it will only operate in "peripheral airports", between which it mentioned Santiago, Seville, Malaga, Valencia and Bilbao, in addition to Barcelona. All these airports have the characteristic common that in those airports other low cost companies are operating like Vueling in Barcelona, Ryanair in Seville, Malaga and Valencia, or Easyjet in Bilbao.
In case of Lavacolla there will be no big difference with now. The only difference would be, in any case, the prices from the new airline , although also exist the possibility that Air Mediterránea to retake some of the connections to European capitals that Iberia choosed to take to other Galician airports, like the one of Paris, that was transferred to Peinador (Vigo ) .
At the start, the company will count five airplanes, the Airbus A320, coming from Iberia that will sell some old planes due the renovation of its fleet. In 2008, the new airline would like to have a fleet of 30 planes ,and a big increase in the number of routes. Angel Mullor estimates that tin the second year the company will be already profitable, and a year later will leave to the stock market.
Fourth in arriving
The new low cost carrier will be the fouth low cost carriers that operates at compostelana airport. First, Ryanair, turned in the month of April its first year of activity in Compostela and already surpasses the 17,000 passengers a month, with flights to London, Rome and Frankfurt, and plans for a a fourth destiny, Liverpool, in autumn.
Air Berlin, that arrived in Lavacolla more than a half year ago, reaches the 7,000 monthly passengers already, and anticipates to increase its activity, with more frequencies. Third low cost, Vueling, is operating since been last month at the airport of Santiago de Compostela.
Iberia chooses Lavacolla as one of its bases for the new low cost carrier
Iberia changes its strategy and, instead of continuing facing their enemy individual, the low cost company, will fight with the same arms. The airport of Santiago will be one of first in which it will operate the new airline, for that company have been registered up to five names - Mediterranean Air, Mediterranean Airlines and the Mediterranean Airlines are the three that has the most possibilities and than it will begin to fly in the month of October.
The Chief Executive Officer, Mullor Angel, announced yesterday that the airline, in which Iberia participates 20% along with other four partners - the Group Cobra , Agrolimen , Nefinsa (pertaining to the Serratosa family, like Air Nostrum) and the tourist group Iberostar- will not fly to Madrid and it will only operate in "peripheral airports", between which it mentioned Santiago, Seville, Malaga, Valencia and Bilbao, in addition to Barcelona. All these airports have the characteristic common that in those airports other low cost companies are operating like Vueling in Barcelona, Ryanair in Seville, Malaga and Valencia, or Easyjet in Bilbao.
In case of Lavacolla there will be no big difference with now. The only difference would be, in any case, the prices from the new airline , although also exist the possibility that Air Mediterránea to retake some of the connections to European capitals that Iberia choosed to take to other Galician airports, like the one of Paris, that was transferred to Peinador (Vigo ) .
At the start, the company will count five airplanes, the Airbus A320, coming from Iberia that will sell some old planes due the renovation of its fleet. In 2008, the new airline would like to have a fleet of 30 planes ,and a big increase in the number of routes. Angel Mullor estimates that tin the second year the company will be already profitable, and a year later will leave to the stock market.
Fourth in arriving
The new low cost carrier will be the fouth low cost carriers that operates at compostelana airport. First, Ryanair, turned in the month of April its first year of activity in Compostela and already surpasses the 17,000 passengers a month, with flights to London, Rome and Frankfurt, and plans for a a fourth destiny, Liverpool, in autumn.
Air Berlin, that arrived in Lavacolla more than a half year ago, reaches the 7,000 monthly passengers already, and anticipates to increase its activity, with more frequencies. Third low cost, Vueling, is operating since been last month at the airport of Santiago de Compostela.
Best regards,
Airbuske
Airbuske