CORK - 5
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Ryan I think its more cork and knock who need to watch out. Can't see any carrier from Dublin moving to SNN for lower charges as long term it will hit there yield in an established market at DUB.
THe only real danger for ORK and NOC is will Ryanair go back into SNN and take all the current NOC and ORK routes that were at SNN back. I see no other airline going to switch and I don't think it will have a huge inpact besides FR.
THe only real danger for ORK and NOC is will Ryanair go back into SNN and take all the current NOC and ORK routes that were at SNN back. I see no other airline going to switch and I don't think it will have a huge inpact besides FR.
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Cork has its own natural catchment area, and is somewhat immune to the west coast over supply of airports.
FR, to their credit (and I don't often stand up for them), tried many many routes from shannon. I can't see that large an expansion, with the exception of some UK routes, at the expense of Aer Arann - maybe BVA. However, SNN has to do this with the long term viability in mind.
If Clare CoCo run shannon - who knows what will happen - in politics anything could happen.
FR, to their credit (and I don't often stand up for them), tried many many routes from shannon. I can't see that large an expansion, with the exception of some UK routes, at the expense of Aer Arann - maybe BVA. However, SNN has to do this with the long term viability in mind.
If Clare CoCo run shannon - who knows what will happen - in politics anything could happen.
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Other question is if Shannon gets debt free status will it be expected to pay it's own way and close the current €8million a year loss. I'd say the employees at Shannon are asking the same question.
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Other question is if Shannon gets debt free status will it be expected to pay it's own way and close the current €8million a year loss
That's something I was going to say, also does anyone know how much Cork is losing at an operational level per year? the majority I know is made up of debt interest re-payments. I think the issue Ryan2000 raised a while back of the viability of 24hr operation needs to be raised to the chairman and board its something that needs to be reviewed I for one think its no longer sustainable with a €10m loss last year.
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I think Cork is more or less breaking even if the interest on the debt isn't factored in. The 24 hour operation at Cork was introduced in the late 90's for reasons that had more to do with work practices than operational needs.
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I think Cork is more or less breaking even if the interest on the debt isn't factored in. The 24 hour operation at Cork was introduced in the late 90's for reasons that had more to do with work practices than operational needs.
I definitely think for the amount of traffic using Cork between midnight and 6am its just not sustainable to remain open, even most Cargo operations compared to say 2006 are gone - If cargo level's returned during that time period I'm sure it could be then justified, although with one of proposals' at Shannon to turn it into a major European cargo hub this could be a portfolio of business that Cork will go without as a result.
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Assuming the entire capital cost of the airport is offset against debt in the DAA books and using the interest rate quoted when the Cork Airport debt was a big issue, the total amount of interest payable per year is €10.8 million. IIRC the loss attributed to Cork was €13 million, so it's not quite breaking even operationally at the moment, but it's not a million miles away either.
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Ryanair to announce a twice weekly Cork to Lisbon route effective Summer 2013. Can see Aer Lingus struggling with this competition depending how its scheduled, hopefully it wont operate with a near replica schedule 
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There is a very good thread on the Sukhoi SuperJet story on Rumors and News. It is a very tragic news indeed. Hopefully, there may be a small chance of some survivors yet whom may be able to tell the story. It is hardly a type of aircraft Cork will have any chance of getting a visit from in the years ahead though it is a fairly credible alternative to the ERJ 190 series. If Malev had survived and ever thought of returning to the Budapest Cork market there might have been a chance of a SuperJet visit - that will not happen now, alas.
Today has been quite a day for the airport at snn with the media going to town on their being awarded independent, debt free status from the DAA by Transport Minister Varadkar.
Where will this leave Cork Airport as snn will have a far more clearer competitive edge at least in the short term. If snn cuts costs more than Cork Airport can and cuts wages or eliminate jobs entirely there is a risk to Cork losing some of it's precious traffic to it's competitor on the west coast in the form of more attractive short term hello type incentivising which Ryanair were able to take so much advantage of for a while up to a couple of years ago.
Much food for thought now for Cork Airport and the folk that are charged with running it on a day to day basis. If they are interested, of course.
Like with The Skibbereen Eagle - a beady eye will be needed.
Today has been quite a day for the airport at snn with the media going to town on their being awarded independent, debt free status from the DAA by Transport Minister Varadkar.
Where will this leave Cork Airport as snn will have a far more clearer competitive edge at least in the short term. If snn cuts costs more than Cork Airport can and cuts wages or eliminate jobs entirely there is a risk to Cork losing some of it's precious traffic to it's competitor on the west coast in the form of more attractive short term hello type incentivising which Ryanair were able to take so much advantage of for a while up to a couple of years ago.
Much food for thought now for Cork Airport and the folk that are charged with running it on a day to day basis. If they are interested, of course.
Like with The Skibbereen Eagle - a beady eye will be needed.
Last edited by Tom the Tenor; 9th May 2012 at 19:56.
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Big question is will Shannon and Cork/Dublin be allowed undermine each other by giving deals to each others existing customers. At present new routes do not qualify for incentives if there is a corresponding reduction in flights at another DAA airport.
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Are you sure about that Ryanair Lisbon news?
At the moment, Ryanair don't fly to Lisbon from anywhere.
Also, I believe a good number of the seats on the Aer Lingus flights are sold to tour operators, which would cushion them somewhat if Ryanair did come on the route.
I'd still see Oporto as a far more likely Ryanair destination.
At the moment, Ryanair don't fly to Lisbon from anywhere.
Also, I believe a good number of the seats on the Aer Lingus flights are sold to tour operators, which would cushion them somewhat if Ryanair did come on the route.
I'd still see Oporto as a far more likely Ryanair destination.
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It was proposed at the end of March, Ryanair has been talking about Lisbon for a while so it's a bit premature to say routes are about to be announced when negations have probably only just started. Not all those routes are guaranteed either but if a deal with ANA is reached I wouldn't be surprised to see Cork included to go up against Aer Lingus.
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It was proposed at the end of March, Ryanair has been talking about Lisbon for a while so it's a bit premature to say routes are about to be announced when negations have probably only just started. Not all those routes are guaranteed either but if a deal with ANA is reached I wouldn't be surprised to see Cork included to go up against Aer Lingus.
Looking through the figures last year for Lisbon loads are generally good from May to September peaking in July/August I wonder how much scope for extra capacity there really is, Ryanair don't seem to do well as one would expect ex-Cork to Faro and have kept Faro at twice weekly during Summer while Aer Lingus operates 6 flights a week, a lot to do with Aer Lingus selling seats to tour operators and its in-house Aer Lingus Holidays brand too I suppose though.
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It was proposed at the end of March, Ryanair has been talking about Lisbon for a while so it's a bit premature to say routes are about to be announced when negations have probably only just started. Not all those routes are guaranteed either but if a deal with ANA is reached I wouldn't be surprised to see Cork included to go up against Aer Lingus.
Still nothing on the Cork Airport website about OLT route yet
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