Feeds:
Posts
Comments

Posts Tagged ‘Ireland’

Ryanair, Europe’s largest low cost airline headquartered in Dublin and well known for its cheap fares within Europe, is planning to launch a transatlantic “budget” airline between US and Europe in less than 3 years time. The airline will be operating a fleet of new aircrafts by picking up cancelled aircraft orders at Airbus and Boeing. Michael O’Leary, chief executive of Ryanair, mentioned that the airline launch can be expedited if the there is a sharp fall in aircraft price due to a possible global aviation industry crisis.

O’Leary added, “The business plan is done . . . but it has been parked until there is a
big downturn in the industry and Boeing and Airbus are parking
long-haul aircraft, so we can get a deal on prices
” (from here)

This might be an interesting market (low cost transatlantic airline), becase a lot of airlines offer very cheap economy seats. The real pofit is in premium seats (business, first, envoy, etc.) where the customer who buys the seat  expects an “all-frills” service. Currently every airline seems to be investing the most in upgrading this service or even increasing the number of these seats to maximize profits.

From The Guardian

He added Ryanair would be “distinctly separate” from the new carrier,
which will attempt to make a better fist of the low-cost transatlantic
market than Zoom, the Canadian-British carrier that fell into
administration in August. O’Leary also ruled himself out of running the
new business, but said he might join other Ryanair investors such as
Prudential and private equity firm TPG in backing the venture.

O’Leary is also expected to offer a business-class cabin with flat beds
at a lower cost than BA or Virgin Atlantic. The Ryanair boss added that
he expected at least one British airline and two continental carriers
to go bust within weeks as any benefit from falling fuel costs will
come too late to save the least profitable businesses.

Read Full Post »

Rising gas prices seems to be affecting every airline in the world. Ryanair, Irish airline based in Dublin, recently announced the following cost cutting initiatives –

  • Temporarily closing airport operations – Operations temporarily ended at Seven Airports – Basel, Budapest, Krakow, Palma, Rzeszow, Salzburg and Valencia.
  • Capacity Cuts at others – The airline is cutting down on 14% of its flights in/out of London’s Stansted Airport this winter from 1850 to 1590 a week. British Airport Authority (BAA), owner of the airport, is charging 15% higher for the year (there was a 100% increase last year). Stansted per passenger charges have gone from £5 to £12 over the last five years. Resulting from this cutback, Stansted will lose 90,000 passengers (worth £8m)
  • Grounding Airplanes – Ryanair is grounding 20 of its airplanes this summer

From Telegraph

Ryanair’s chief executive Michael O’Leary said: “These winter schedule cutbacks, which are significantly greater
than those of last winter, show just how damaging the BAA airport
monopoly has become to consumers and the best interests of London, UK
tourism and the economy generally.”

Read Full Post »

Couple of weeks back on July 5th 2008, it was Cayman Air’s Boeing 737 and LAN Chile’s Boeing 767. Last week it was like “Déjà vu” – On Friday July 11th 2008, after an aborted landing on another runway, Delta Airlines’ flight 123 (Boeing 767 flying from Shannon Ireland) crossed flight path of a Comair’s flight 1520 (Bombardier CRJ900) that was taking off. The airplanes came within 600 feet of each other vertically and half-mile horizontally. These distances are very small especially with respect to the typical airplane landing and take off speeds of 185+ miles per hour.

As a result – “The FAA moved quickly to change takeoff and landing procedures at JFK on
perpendicular runways — the kind of runways involved in both incidents.

From Associated Press

Barrett Byrnes, who president of the controllers union at the JFK
tower, said controllers have long sought the procedure changes.

“The
FAA put out an order to JFK to no longer use that approach. That’s
exactly what we wanted to happen,” Byrnes said. “We’ve been trying to
change that for the last 12, 13 years. It’s been an accident waiting to
happen.””

Read Full Post »

Wednesday, July 9th 2008 a radar malfunction at Dublin Airport, Ireland’s largest airport, causing the inability to show the call signs of incoming aircrafts caused an airport shutdown resulting in some 200+ delays, cancellations and diversions. The airport barred any aircraft to land there for almost 2 hours causing chaos with thousands of passengers stranded at other airports in Ireland. Currently, the airport is working at reduced capacity (radar system at 70% capacity) and is supposed to cause delays both inbound and outbounds on Friday as well.

From Irish Times

“Minister for Transport Noel Dempsey has ordered a full report from the
Irish Aviation Authority on how Dublin Airport’s radar system
malfunctioned causing severe disruption to thousands of passengers.” “Mr Dempsey told the Dáil this morning that the five-year-old air
traffic control system cost €115 million and that a back-up system – if
one was in place – would cost a similar amount.”

Read Full Post »

George Best Belfast City Airport, an airport in Belfast (Northern Ireland), has been put up for sale by the Spanish Ferrovial Group.

From BBC Article


In 2003, ownership of the airport passed to Ferrovial, which has its headquarters in Madrid. It bought the airport for £35m.”

“Airport management have stressed that there will be no impact on the day to day operations of the facility.”

Read Full Post »