Thursday, 25 April 2013

Ryanair announces new Cologne/Bonn-Tenerife South route


Ryanair announced the launch of a new route between Cologne/Bonn and Tenerife South from 31st October operating twice weekly on Thursdays and Saturdays becoming the fifth destination to be served from Cologne/Bonn in addition to Faro, Girona, Malaga and Palma.

Ryanair Deputy CEO Michael Cawley said "Ryanair is delighted to announce a fifth route from Cologne / Bonn today. The connection to Tenerife South is from 31 October will be served twice a week, Thursdays and Saturdays".

Irish Aviation Research Institute © 25th April 2013 All Rights Reserved.

Ryanair announces new Linz-Tenerife South route


Ryanair announced it's launching a new route from Linz Blue Danube Airport to Tenerife South from 2nd November 2013 operating weekly on Saturdays and expects to carry 20,000 passengers on the route.
The company has yet to decide whether Tenerife South is a year-round destination or the route from Linz is flown only in the winter.

For the Upper Austrian Regionaflughafen every scheduled flight is of vital economic importance. Linz Airport suffered a significant decline in passenger numbers following Air Berlin's withdrawal.

Irish Aviation Research Institute © 25th April 2013 All Rights Reserved.

Ryanair announces new Memmingen-Tenerife South route


Ryanair announced its launching a new route from Memmingen to Tenerife South from 1st November 2013 operating twice weekly on Fridays and Sundays.

Memmingen Airport CEO Schmid Allgäu said "Therefore we are very pleased to offer this new route now, this offers interesting travel options - from short breaks to the winter."

Irish Aviation Research Institute © 25th April 2013 All Rights Reserved.

Ryanair opens new Base at Chania (Crete)


Ryanair today opened it's 55th European Base and first Greek Base in Chania (Crete) in an investment of over $70 million with a Boeing 737-800 operating a total of 26 routes including 11 new routes across Europe to destinations in Denmark,France, Germany, Greece, Holland, Italy, Poland and UK, operating 106 weekly flights delivering 500,000 passengers to the airport in the first year of operation.

New routes to Billund, Bristol, Eindhoven,Katowice, Marseille, Memmingen, Thessaloniki, Venice Treviso, Vilnius and Warsaw Chopin commence between today and 1st May, its first domestic route to Thessaloniki commences on 2nd June operating daily.

Chania is the second largest city on the island of Crete and is also the capital of the Chania region. Chania is located the north coast of the island.

The air transport industry contributes €5.7 billion euro annually to Greek GDP. This total comprises of €3.3 billion euros directly contributed through the output of the aviation sector (airlines, airports and ground services, aerospace).


Irish Aviation Research Institute © 25th April 2013 All Rights Reserved.

Aer Lingus Q1 Revenue up 3%


Aer Lingus announced its Q1 January to March revenue was up 3% to €259.7 million operating costs increased by 26% to €305.2 million generating an operating loss of €45.5 million before exceptional items is up €9.4 million versus prior year due to Virgin wet-lease start up costs, planned changes to the long haul fleet and slightly weaker trading on UK routes.

Passengers numbers increased by 2.2% to 2.13 million including Aer Lingus Regional

Fare revenue per seat was 6.5% higher year-on-year with short haul up 3.3% and long haul up 10.4%.

The overall passenger yield is up 3.7% with the load factor up 2.7% to 71.4%.

The airline has gross cash of €1.01 Billion at the end of March 2013 an increase of €109.4 million.

Aer Lingus CEO Christoph Muller said "We have delivered revenue growth of 3.3% in the first quarter and are particularly pleased with the performance of our long haul business which is up 14.4% on the prior year.
It has, however, been a challenging start to 2013 with higher fuel, airport and one-off costs, together with slightly weaker trading on UK routes. These factors have combined to produce an operating loss that is €9.4m higher than the prior year.

Our long haul business continues to perform robustly, carrying forward the positive momentum from 2012. Short haul revenues were marginally ahead of 2012 on lower capacity but we expect a more difficult year ahead, particularly in the UK market.

While we had expected increased operating costs in the first quarter, the Q1 performance highlights the need to continue to review our cost base to protect profitability for the rest of 2013 and beyond. In line with the ongoing requirement to streamline our organisation structure and identify cost saving initiatives, we are launching a voluntary severance programme, with a goal of reducing headcount by approximately 100 staff by year end.

While there are challenges ahead, we are committed to continuing the profitable growth of our business. We commenced a number of initiatives in the first quarter towards this objective. We have begun operating services on behalf of Virgin Atlantic on routes between London Heathrow and Manchester, Aberdeen and Edinburgh.

We announced extensions to our interline and codeshare agreements with Etihad Airways, Jetblue and United Airlines which have added additional connectivity and options for our customers. We have also recently agreed the damp-lease of three Boeing 757 aircraft to operate on North Atlantic services starting in early 2014.

Trends identified in Q1 2013 including higher airport charges, the strength of long haul and softness in GBP and our UK market have the potential to remain a feature for the rest of the year. On that basis, we currently expect 2013 operating profit, before exceptional items, to be broadly in line with last year. "

Irish Aviation Research Institute © 25th April 2013 All Rights Reserved.