International Airlines Group
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International Airlines Group
A number of Spanish media outlets are reporting that International Airlines Group (parent of BA, Aer Lingus, Iberia and Vueling) is considering setting up a low cost long-haul operation at Barcelona airport next summer.
The operation will start with two Airbus A330 aircraft and destinations under consideration include Los Angeles, San Francisco, Buenos Aires and Santiago.
It has not yet been decided which airline in the group will operate the flights.
http://economia.elpais.com/economia/...42_863938.html
The operation will start with two Airbus A330 aircraft and destinations under consideration include Los Angeles, San Francisco, Buenos Aires and Santiago.
It has not yet been decided which airline in the group will operate the flights.
http://economia.elpais.com/economia/...42_863938.html
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¿ Vueling to represent IAG on long haul ?
Given the pasting which Vueling received in the Spanish press last summer (and which I commented on a couple of times myself on the Vueling thread ) and given how little sign there is of improvement, one can but hope that Aer Lingus will "get the long-haul gig."
Otherwise, it must surely be time to sell my handful of remaining shares before they go the way of RBS
Otherwise, it must surely be time to sell my handful of remaining shares before they go the way of RBS
Aer Lingus have by far the best profit margin in the group, just shy of 30% vs BA at #2 who are in the mid teens IIRC, so giving new A330s to anyone other than EI would be madness, hence why they got 2 this year and two more next year.
EI did okay operating MAD-IAD for UA a couple of years back, crews were based in IAD, and loved it apparently.
EI did okay operating MAD-IAD for UA a couple of years back, crews were based in IAD, and loved it apparently.
Well EI's base in MAN was very profitable until Maggie kicked them out. LGW an utter failure on the other hand. Vueling have a deservedly poor reputation in Spain, so if it wasn't Iberia EI would be the best fit in BCN I would think. Unlikely though I reckon.
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Suggestions of EI operating ex BCN on long haul but surely not with EI brand? My sense would be that IAG week would want to start with a blank page and create a new airline with very low costs... EI having a high profit margin as suggested above is no indication that the same would be the case in BCN. DY will respond and test their resolve.
Makes a lot of sense to use Vueling, as Vueling is well known (ok some bad press lately, but that can be repaired) and at BCN Vueling have the advantage of connectivity to a large network, a feed to a long haul network would help in the battle on short haul v FR
Makes a lot of sense to use Vueling, as Vueling is well known (ok some bad press lately, but that can be repaired) and at BCN Vueling have the advantage of connectivity to a large network, a feed to a long haul network would help in the battle on short haul v FR
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...Vueling is well known (ok some bad press lately, but that can be repaired) and ..
I can't fault your logic there.
Just as you can't fault my logic in asserting that "Jeremy Corbyn might win the next UK General Election."
Though I strongly suspect that you wouldn't head for the bookies on the basis of my assertion.
Just as I certainly won't be heading for my broker to buy IAG based on yours.
Just as you can't fault my logic in asserting that "Jeremy Corbyn might win the next UK General Election."
Though I strongly suspect that you wouldn't head for the bookies on the basis of my assertion.
Just as I certainly won't be heading for my broker to buy IAG based on yours.
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Thank you big Frank!
If we had a crystal ball... I have confidence in what IAG will do... I for one dont forsee IAG going the way of RBS as you mention. IAG has huge scale now and as it grows so too does its efficiencies.
If we had a crystal ball... I have confidence in what IAG will do... I for one dont forsee IAG going the way of RBS as you mention. IAG has huge scale now and as it grows so too does its efficiencies.
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EI-BUD, I presume Vueling still holds the rights on the 'ClickAir' branding from when they merged. That would be a sensible branding option for IAG, and one which yes it was used a while ago, would still have some recognition in the Spanish market, and is generic enough to be used pan-European.
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It would make sense for it to branded Vueling as it will be relying on its short-haul feed at BCN. This would also be consistent with IAG's approach of having brand consistency (for the most part at least) at hubs. Hence why IAG pushed ahead with Iberia Express at MAD in spite of opposition from the unions, rather than letting Vueling take over at Madrid.
But it won't be operated by Vueling. It had a very bad summer and IAG has curtailed its growth plans for the next year whilst it gets its operation back on track.
I can see a new airline with a new AOC linked to the Vueling brand with perhaps EI or IB wet leasing aircraft in its first year.
But it won't be operated by Vueling. It had a very bad summer and IAG has curtailed its growth plans for the next year whilst it gets its operation back on track.
I can see a new airline with a new AOC linked to the Vueling brand with perhaps EI or IB wet leasing aircraft in its first year.
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Aer Lingus have by far the best profit margin in the group, just shy of 30% vs BA at #2 who are in the mid teens IIRC, so giving new A330s to anyone other than EI would be madness, hence why they got 2 this year and two more next year.
EI did okay operating MAD-IAD for UA a couple of years back, crews were based in IAD, and loved it apparently.
EI did okay operating MAD-IAD for UA a couple of years back, crews were based in IAD, and loved it apparently.
WW im sure specifically said VY would concentrate on short haul only.
I agree it will most likely be operated and branded as Vueling but they are been a little optimistic for getting a S17 start unless it's advanced internally which I suspect it's not.
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...If we had a crystal ball...
"...If we had a crystal ball... I have confidence in what IAG will do... I for one don't foresee IAG going the way of RBS as you mention. IAG has huge scale now and as it grows so too does its efficiencies...."
Point taken.
My near worthless RBS shares would not have caused me quite such grief!
And my many fewer BA/ now IAG shares...?
The question at issue here in the short term is quite how disastrous might be the Vueling brand.
I decided on a non-scientific, but I would assert, far from useless investigation of the customer confidence in Vueling over against 2 mainstream competitors viz (i) easyJet and (ii) what my Los Angeles attorney has informed me I must for the sake of avoiding litigation call "the Low Class Airline"
I studied the last 11 evaluations for each airline as of now on the www.airlinequality.com website.
The results, out of 10:
Vueling: Mean average 3.09 Median 2 Mode 1
easyJet: Mean average 6.67 Median 9 Mode 9
"tLCA": Mean average 6.73 Median 9 Mode 10
Although it was I think Samuel Goldwyn Meyer who claimed that "there is no such thing as bad publicity" with figures like those, I for one would be sweating were I in WW's elegant brogues.
Point taken.
My near worthless RBS shares would not have caused me quite such grief!
And my many fewer BA/ now IAG shares...?
The question at issue here in the short term is quite how disastrous might be the Vueling brand.
I decided on a non-scientific, but I would assert, far from useless investigation of the customer confidence in Vueling over against 2 mainstream competitors viz (i) easyJet and (ii) what my Los Angeles attorney has informed me I must for the sake of avoiding litigation call "the Low Class Airline"
I studied the last 11 evaluations for each airline as of now on the www.airlinequality.com website.
The results, out of 10:
Vueling: Mean average 3.09 Median 2 Mode 1
easyJet: Mean average 6.67 Median 9 Mode 9
"tLCA": Mean average 6.73 Median 9 Mode 10
Although it was I think Samuel Goldwyn Meyer who claimed that "there is no such thing as bad publicity" with figures like those, I for one would be sweating were I in WW's elegant brogues.
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The question at issue here in the short term is quite how disastrous might be the Vueling brand.
If the price is right then seats will be filled. I can't think of a many airlines in Europe who have not had significant bad press over the last 10 years.
If the Spanish don't fill planes them other Europeans and Americans will.
I can't think of a many airlines in Europe who have not had significant bad press over the last 10 years.
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IAG is well aware that Vueling had a very poor summer and Willie Walsh has been quite open with investors as to what the causes were. A number of steps have been taken to improve performance, including putting Vueling's growth ambitions on hold for a year.
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Los Angeles airport is saying Vueling will launch BCN-LAX in June:
https://twitter.com/flylaxairport/st...76026159923200
https://twitter.com/flylaxairport/st...76026159923200