Centralwings
Joined: Jul 2006
Posts: 1,921
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From: STANSTED & MANCHESTER
CENTRALWINGS - STN-WAW
Having just looked at STN website
I have noticed that centralwings (C0) are to fly
stansted - warsaw and wroclaw this winter
yet another new airline / route for stansted
I have noticed that centralwings (C0) are to fly
stansted - warsaw and wroclaw this winter
yet another new airline / route for stansted
Joined: Jul 2006
Posts: 1,443
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From: Europa
Wroclaw
News of STN - WAW with Central Wings came to light over a month ago 
http://www.pprune.org/forums/showthr...=220407&page=4 (Post #74)
Ya, I see now too on Stansted's site Wroclaw listed as a destination served by Central Wings. Surprising that
because Central Wing's website has no mention of it... Likely to be a mistake on the STN website?
http://www.pprune.org/forums/showthr...=220407&page=4 (Post #74)
Ya, I see now too on Stansted's site Wroclaw listed as a destination served by Central Wings. Surprising that
because Central Wing's website has no mention of it... Likely to be a mistake on the STN website?
Joined: Aug 2006
Posts: 970
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From: Europe
Centralwings to float on stock market after LOT IPO
Polish Treasury Ministry is planning to sell Centralwings (the budget orientated subsidiary of the national airline LOT) with one of the planned scenarios being an Initial Public Offering. Ireneusz Dabrowski, Polish deputy treasury minister, said that an IPO for LOT is planned for 2007. The Treasury Ministry would retain a controlling stake in the firm. Following the flotation of LOT, the ministry wants to solve the issue of Centralwings. C0's current strategy is moving into the black at the end of 2008, something that could not be achieved without an injection of capital. "There are offers of investors willing to take over the company, so it might be sold in full," said Dabrowski. The name of a potential investor(s) hasn't been disclosed yet. Personally I don't believe Ryanair could be one of them, nevertheless Mr. Dabrowski has some restraints if it was the case: We should enable any offer made by Ryanair to be rejected, as Centralwings is to compete with the cheap Irish airline". The prospect of privatization of Lot and/or Centralwings is not enthusiastically seen in both firms either. And even the Minister says it might not be possible to make C0's privatization happen before 2008. That, however, could be also too late, as Centralwings' financial shape is poor and LOT results deteriorate as well.
Joined: Dec 2004
Posts: 2,027
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From: Barton Upon Humber
Anyone know ere Centralwing's bases are. I guess WAW is one but what about Polish regional airports such as Krakow and Wroclaw - do they have based aircraft/crew or are they served by w patterns?
Last edited by airhumberside; 6th December 2006 at 20:28. Reason: Spelling mistake
Joined: Oct 2006
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From: Poland
Joined: Aug 2006
Posts: 970
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From: Europe
Joined: Aug 2006
Posts: 970
Likes: 0
From: Europe
Centralwings posts appalling 2007 results
This thread is over a year older again. In 2007 became clear which lcc's are the dominant ones in Central-Eastern Europe. It's not SkyEurope. Neither Centralwings; they are in trouble as well.
So far, the winners are Wizzair and Ryanair. Wizzair seems to cope very well, in fact its LF's are somewhat better in most cases in comparison to FR. The latter still didn't manage to create a single base in any of the Central-European countries, that gives advantage to Wizz, its CE-located bases help keep costs low.
Budget airline Centralwings incurred a loss of PLZ 73 million instead of an anticipated loss of PLZ 35 million at the EBIT level in 2007, while in 2006 the loss stood at PLZ 65 million.
"This was to be the last year in the red. We estimated losses at PLZ 35 million. Regretfully, over this period market conditions deteriorated, while costs rose by 13.4%," said Waldemar Królikowski, president of Centralwings. "Stronger companies push out weaker ones, initially from the best routes and then from the market as a whole. This could also be the fate of Centralwings," said the president of the carrier. He went on to say that the firm will not last long without engaging in the consolidation processes, but such decisions will be taken by the owner. The fate of the company will be first dealt with by the firm's supervisory board on Friday and then by LOT's supervisory board on March 4. (PB/WBJ)
1€ = 3.53PLZ
"This was to be the last year in the red. We estimated losses at PLZ 35 million. Regretfully, over this period market conditions deteriorated, while costs rose by 13.4%," said Waldemar Królikowski, president of Centralwings. "Stronger companies push out weaker ones, initially from the best routes and then from the market as a whole. This could also be the fate of Centralwings," said the president of the carrier. He went on to say that the firm will not last long without engaging in the consolidation processes, but such decisions will be taken by the owner. The fate of the company will be first dealt with by the firm's supervisory board on Friday and then by LOT's supervisory board on March 4. (PB/WBJ)
1€ = 3.53PLZ
Joined: Jul 2006
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From: Europa
"Stronger companies push out weaker ones, initially from the best routes and then from the market as a whole. This could also be the fate of Centralwings," said the president of the carrier.
PS - Recently saw an advertisement in Dutch for Centralwings in Izegem (small town in West Flanders, Belgium) advertising their 3 routes from Lille. More random routes that won't last long before Central chop and change their route map again, or simply go bust.
Joined: Aug 2006
Posts: 970
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From: Europe
massive cancellations
Right now, Centralwings is at the stage of a massive retreat from... everything. The routes are being dramatically cut, others to commence within two weeks will not be started.
Among others, the reduction will concern the following routes:
* Kraków, Gdansk and Poznan to MAN
* Kraków - DUB
* Kraków - GRO
* Wroclaw - LGW
* Szczecin and Poznan to EDI
* Gdansk - GRO
* Poznan - BVA
* Poznan - AMS
* Gdansk - SNN
* Kraków - Cork
* Warsaw - Lille
An other middle-to-high-cost airline pretending to be LCC in the state of despair right now...
Among others, the reduction will concern the following routes:
* Kraków, Gdansk and Poznan to MAN
* Kraków - DUB
* Kraków - GRO
* Wroclaw - LGW
* Szczecin and Poznan to EDI
* Gdansk - GRO
* Poznan - BVA
* Poznan - AMS
* Gdansk - SNN
* Kraków - Cork
* Warsaw - Lille
An other middle-to-high-cost airline pretending to be LCC in the state of despair right now...
Joined: Dec 2004
Posts: 2,027
Likes: 1
From: Barton Upon Humber
Among others, the reduction will concern the following routes:
* Kraków, Gdansk and Poznan to MAN
* Wroclaw - LGW
* Szczecin and Poznan to EDI
* Gdansk - SNN
* Warsaw - Lille
* Kraków, Gdansk and Poznan to MAN
* Wroclaw - LGW
* Szczecin and Poznan to EDI
* Gdansk - SNN
* Warsaw - Lille
MAN-KRK
EDI-Szczecin
LGW-Wroclaw
However the following not in the list are not bookable
MAN-WAW
Joined: Aug 2004
Posts: 1,108
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From: Hemel Hempstead
What a fantastic opening for wizz and ryanair to capture the Polish market - would now expect a FR at either Wroclaw or Krakow and more expansion from Wizz at Warsaw, Gdansk, Katowice and Poznan.
Joined: Feb 2005
Posts: 64
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From: Warsaw, Poland
Sadly C0 has got major financial problems right now and doesn't really have a good strategy for the future. The network is not cost-effective with not enough frequencies on many of the routes - mainly due to lack of a/c. They are trying hard to promote themselves, i.e. selling return tix on WAW-DUB route for just 20 quid but it's too late and on most of the routes, their competitiors are just cheaper!
Many experts expect them to go bankrupt within a year. That would mean many new opportunities for Wizzair, Ryanair, Norwegian and Easy Jet. Maybe also return to Polish market of Sky Europe... Though it's not really likely at the moment when they have hubs at VIE and PRG. But I still see a lot of potential for Polish LCC market!!
Many experts expect them to go bankrupt within a year. That would mean many new opportunities for Wizzair, Ryanair, Norwegian and Easy Jet. Maybe also return to Polish market of Sky Europe... Though it's not really likely at the moment when they have hubs at VIE and PRG. But I still see a lot of potential for Polish LCC market!!
Joined: Aug 2006
Posts: 970
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From: Europe
You know who's smart here?
These guys have learned very much (did you notice numerous similarities with FR?) and they'll be the winners.
Wizz Air offers re-routing alternatives to Centralwings passengers.
Wizz Air, the largest low fare – low cost airline based in Central and Eastern Europe announced today that it would provide re-routing alternatives to passengers affected by the decision of Centralwings to unexpectedly discontinue eight of its flights to Poland.
Wizz Air, the largest low fare – low cost airline based in Central and Eastern Europe announced today that it would provide re-routing alternatives to passengers affected by the decision of Centralwings to unexpectedly discontinue eight of its flights to Poland.