EOS/MAX JET
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EOS/MAX JET
Hi
I never thought the concept of these airlines would get of the ground but they have. Are they filling them or are they just burning shareholders money?
I never thought the concept of these airlines would get of the ground but they have. Are they filling them or are they just burning shareholders money?
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Official CAA Statistics show the following PAX numbers on the STN-JFK route (arrivals and departures at STN):
Nov 2005: 2,201
Dec 2005: 2,563
Jan 2006: 2,726
Feb 2006: 2,681 *
* Provisional
With a daily flight by each carrier there is capacity for 300 inbound and outbound passengers per day (2 x 102 + 2 x 48), which equates to about 36,000 available seats over the period shown above, therefore average load is about 28% across the two carriers.
Unfortunately it is not possible to split the EOS/MAX traffic, which would prove more interesting.
The MAXjet CEO was recently quoted in a magazine article boasting initial load factors of 50%, but if the above figures and calcuation are right even if all the passengers flew on MAXjet they still wouldn't be anywhere near 50% loads.
Nov 2005: 2,201
Dec 2005: 2,563
Jan 2006: 2,726
Feb 2006: 2,681 *
* Provisional
With a daily flight by each carrier there is capacity for 300 inbound and outbound passengers per day (2 x 102 + 2 x 48), which equates to about 36,000 available seats over the period shown above, therefore average load is about 28% across the two carriers.
Unfortunately it is not possible to split the EOS/MAX traffic, which would prove more interesting.
The MAXjet CEO was recently quoted in a magazine article boasting initial load factors of 50%, but if the above figures and calcuation are right even if all the passengers flew on MAXjet they still wouldn't be anywhere near 50% loads.
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EOS AND MAXJET
Does anyone know anything about these 2 new airlines and how they are doing? How are they fairing up in one of the most competitive routes in the world?
They seem to be getting less than profitable load factors, anyone tell me what they would have to do to improve this because i cant see how they can make it in such a competitive market.
PBO
They seem to be getting less than profitable load factors, anyone tell me what they would have to do to improve this because i cant see how they can make it in such a competitive market.
PBO
Too mean to buy a long personal title
Originally Posted by Localiser Green
With a daily flight by each carrier there is capacity for 300 inbound and outbound passengers per day (2 x 102 + 2 x 48), which equates to about 36,000 available seats over the period shown above, therefore average load is about 28% across the two carriers.
...
The MAXjet CEO was recently quoted in a magazine article boasting initial load factors of 50%, but if the above figures and calcuation are right even if all the passengers flew on MAXjet they still wouldn't be anywhere near 50% loads.
...
The MAXjet CEO was recently quoted in a magazine article boasting initial load factors of 50%, but if the above figures and calcuation are right even if all the passengers flew on MAXjet they still wouldn't be anywhere near 50% loads.
But there were 120 days in those four months, so capacity was about (120 x 2 x 48) + (103 x 2 x 102) = 32,500 so overall average LF would have been about 31.2%.
If nobody flew on EOS, then Maxjet's average LF would have been about 10,171 / 21,012 = 48.4%.
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An article in the Sunday Times of 16 April (which I've just seen) claims:
So if Maxjet is 6x weekly with 102 seats, and EOS 7x weekly with 48 seats: that gives load factors of...
Taking 3,000 for Maxjet in March would give a much healthier 54%. In fact Maxjet put out a press release a couple of weeks back claiming >50% load factor for March and predicting 70% LF for their JFK route in April.
Standard disclaimer applies - we don't know the yields involved - but I note that both carriers have been discounting like crazy over the last couple of months. If I were EOS (and if the numbers above are accurate) I'd be worried about the trend in the numbers.
CAA figures show [Maxjet] carried 1,753 passengers in January and 1,880 in February, and EOS 973 and 807 respectively. Rogliano [Maxjet CEO] claims that in March Maxjet carried just over 3,000.
- Jan: Maxjet 33%, EOS 33%
- Feb: Maxjet 38%, EOS 30%
Taking 3,000 for Maxjet in March would give a much healthier 54%. In fact Maxjet put out a press release a couple of weeks back claiming >50% load factor for March and predicting 70% LF for their JFK route in April.
Standard disclaimer applies - we don't know the yields involved - but I note that both carriers have been discounting like crazy over the last couple of months. If I were EOS (and if the numbers above are accurate) I'd be worried about the trend in the numbers.
Maxjet have a good model and should do well in the long term if they can get through the start-up phase.
Eos haven't got a clue what they are doing and are too arrogant to be told. Someone is going to lose a hell of a lot of cash on that one!
Eos haven't got a clue what they are doing and are too arrogant to be told. Someone is going to lose a hell of a lot of cash on that one!
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Doors to Automatic
I think that you might find that eos are far from ignorant. They are always willing to take customer feedback, and have made many decisions upon this!
Also I think its about time these two stop getting compared with each other! When was the last time we compared the whole Ryanair product with full service BA. They are completely different!! So are eos and Maxjet.
As for not having a clue of what theyre doing, if you had any idea about the company as a whole instead of being an IGNORANT sceptic perhaps you would find out that the company is run by a large number of experienced individuals.
Also I think its about time these two stop getting compared with each other! When was the last time we compared the whole Ryanair product with full service BA. They are completely different!! So are eos and Maxjet.
As for not having a clue of what theyre doing, if you had any idea about the company as a whole instead of being an IGNORANT sceptic perhaps you would find out that the company is run by a large number of experienced individuals.
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Spoke to someone today who has recently travelled inbound on Eos. Very complimentary about the service, but as it is operated non-ETOPS, 90 minutes longer sector than the BA JFK-LHR sector. That's bound to impact the appeal!
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Originally Posted by richardnei
Todays booked load on the Eos STN/JFK is showng 15 Passengers booked.
Just if anyone wants to know.
Richard
Just if anyone wants to know.
Richard
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Rusty C
If the staff at Eos are that experienced how come they are using Stornoway as a rim alternate?
Looking at your seat filling activities to date and your massive discounting, I'd say your days are numbered and whilst you may not be as arrogant as Dto A reports, you are percieved to be and that's not very good is it?
If the staff at Eos are that experienced how come they are using Stornoway as a rim alternate?
Looking at your seat filling activities to date and your massive discounting, I'd say your days are numbered and whilst you may not be as arrogant as Dto A reports, you are percieved to be and that's not very good is it?
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EOS received 120 min ETOPS approval on the 14th of March which puts them in line with everyone else....There is a long term strategy here...many carriers have failed because they were poorly funded..the opposite is true at EOS. The operation is well funded and reliable...fully realise that the moneypit isnt bottomless but the folks at EOS however they are perceived are a nice bunch and we should wish them success rather than sitting around like faceless vultures waiting for another one to bite the dust!!! some of the best pay in the industry apparently!!!
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IMHO there are a few things to consider before launching a full business class service on such a crowded route :
- do you offer an attractive frequent flyer program ?
- do you have enough daily flights ?
- is your aircraft fast enough (e.g. will the passenger notice the M.04 to M.08 cruise difference compared to a B747 ?)
I think the Privatair model is the way to go ! (except for the cruise M numbers...).
- do you offer an attractive frequent flyer program ?
- do you have enough daily flights ?
- is your aircraft fast enough (e.g. will the passenger notice the M.04 to M.08 cruise difference compared to a B747 ?)
I think the Privatair model is the way to go ! (except for the cruise M numbers...).