Aer Arann
Join Date: Jul 2008
Location: EIRE
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The 5Q,
Quote
"No bank charges the airline that type of amount per transaction."
This might be true but i dont know the exact charges applied by the banks but Aer lingus and Ryanair have the exact same credit card charge per customer, per sector.
just stating facts.
Quote
"No bank charges the airline that type of amount per transaction."
This might be true but i dont know the exact charges applied by the banks but Aer lingus and Ryanair have the exact same credit card charge per customer, per sector.
just stating facts.
Join Date: Nov 2006
Location: Northern Ireland
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Bank Charges/Credit Card Charges
The airlines make an absolute fortune out of so called bank charges and credit card charges. The scale of business that the airlines have is such that they should be able to get credit card charges of about 1.2% so that so little in relation to £/€5 each way.
Laser and Maestro fees are about (to the airlines) 19c per transaction.
So one can see the level of revenue generated from this activity.
EI-BUD
Laser and Maestro fees are about (to the airlines) 19c per transaction.
So one can see the level of revenue generated from this activity.
EI-BUD
Join Date: Sep 2001
Location: London
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Aer Arann have increased their credit card fees and now payable per passenger per sector.
A booking GWY LTN for two passengers last week cost now EUR8.00 now costs EUR20.00. A family of 4 now costs EUR40.00
A booking GWY LTN for two passengers last week cost now EUR8.00 now costs EUR20.00. A family of 4 now costs EUR40.00
This is to be commended as unlike RYR's free fee card- visa electron, REA's free cards such as maestro and laser are held by a vast majority of people and therefore are a real alternative to paying fees.
i.e. A family of 4 travelling on DUB-ORK will save 80euro by flying with REA and paying with laser, instead of flying with RYR and paying with a Credit Card
By the way right alongside RYR, the EIN C/C fee is 10euro also.
Join Date: Mar 2003
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Their card fees have been payable per person per sector for the past few months. What you fail to mention is that RE have removed fees altogether from bookings made by the debit cards-(laser/maestro/solo).
In my opinion, this "credit card charges" labeling should be prohibited by consumer protection laws. Airlines simply raise fares by dreaming up charges that look like third party costs whereas they simply relate to monies pocketed by the airline. The legislator should force airlines to include everything except security charges and state taxes in the fare.
Join Date: Nov 2001
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I might be a tad out of date and Mr Olney might know more, but credit card fees were 2% and Am Ex 2.5% as charged by the banks. The higher Am Ex fee discourages retailers form making this card available as a payment option as it bites into their margins. I have an Am Ex cash back card and I am quite limited where I can use it due to theses fees charged by the card issuer.
Arann's charges seem excessive compared to what they pay back to the card issuer?
Arann's charges seem excessive compared to what they pay back to the card issuer?
Slightly off topic, but -
Credit Card issuers' charges to merchants are based on various criteria, such as volume of use, transaction size and creditworthiness. So Tesco's charge from Visa is probably a great deal less than your local independent restaurant pays.
And I guess Ryanair have a better deal than Aer Arran
Credit Card issuers' charges to merchants are based on various criteria, such as volume of use, transaction size and creditworthiness. So Tesco's charge from Visa is probably a great deal less than your local independent restaurant pays.
And I guess Ryanair have a better deal than Aer Arran
Join Date: Apr 2001
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You called Buster!
As you said, Amex fees have traditionally been higher than for other card based products although the acquisition market is now very competitive and some acquirers will take all of a merchants card based transactions in order to get the volume, including AMEX transactions.
LGS6753 is also spot on with his analysis of fee structures etc. Believe me, it's a tough market out there.
Accordingly, it's difficult to know whether Aer Arran's charges to passengers are "excessive" or not.
OLY1B
As you said, Amex fees have traditionally been higher than for other card based products although the acquisition market is now very competitive and some acquirers will take all of a merchants card based transactions in order to get the volume, including AMEX transactions.
LGS6753 is also spot on with his analysis of fee structures etc. Believe me, it's a tough market out there.
Accordingly, it's difficult to know whether Aer Arran's charges to passengers are "excessive" or not.
OLY1B
. Rumour is theyve been given massive MARKETING SUPPORT
by IOM government to encourage them.
Join Date: Apr 2008
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where do you get this stupid information from? There is nothing to say this is correct
. Its all speculation. As to the security manager you have to be stupid not to know who she is
. Its all speculation. As to the security manager you have to be stupid not to know who she is
Join Date: Jun 2008
Location: Thinking about it, give me a minute.
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Aer Arran slimming down
latest heard on Irish radio.
Aer Arran to cut 100 jobs and 4 aircraft in cost cutting initiative
Latest from Irish Independent;
Monday October 20 2008
Aer Arann has announced plans to lay off up to 100 of its staff as part of a cost-cutting programme.
The airline says it has entered talks with staff representatives to discuss ways to achieve the cuts, which it says are vital to ensure its long-term future.
It says it will be cutting the number of aircraft it operates from 12 to nine, but says its key routes will be unaffected.
Thoughts are with all those affected at Aer Arran.
Aer Arran to cut 100 jobs and 4 aircraft in cost cutting initiative
Latest from Irish Independent;
Monday October 20 2008
Aer Arann has announced plans to lay off up to 100 of its staff as part of a cost-cutting programme.
The airline says it has entered talks with staff representatives to discuss ways to achieve the cuts, which it says are vital to ensure its long-term future.
It says it will be cutting the number of aircraft it operates from 12 to nine, but says its key routes will be unaffected.
Thoughts are with all those affected at Aer Arran.
Last edited by BladePilot; 20th Oct 2008 at 13:07.
Join Date: Mar 2005
Location: Ireland nowadays
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A few more details. 9 aircraft will be retained for scheduled services with 4 dedicated to charter and wet lease (I thought RE only had 12?)
Any speculation on which routes will face the chop/reduced services? I assume all the Irish PSO routes should be OK?
Any speculation on which routes will face the chop/reduced services? I assume all the Irish PSO routes should be OK?
Join Date: Jul 2007
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Surely that will be a big chunk of routes if almost a third of the fleet is gone?
Is there that much more money in charter and leasing than what they are doing? Are those ends of the business not under just as much pressure as everything else?
Is there that much more money in charter and leasing than what they are doing? Are those ends of the business not under just as much pressure as everything else?
Join Date: Jan 2003
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