Ryanair - 8
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Back to an earlier question with no answers, but this point raises it again. I heard from a Wizz air pilot that the main investor in RYR & Wizz are the same. Thus there is an unofficial agreement of not treading on toes. Speculation abounds as to what will happen when Wizz go to the stock market. Will RYR take a majority stake and merge the two? Will they leave well alone and reap profit? If that is all true it begs the question of this now declared direct competition. Any insiders from either party with some facts?
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Ryanair has been very reluctant to create its bases in Central-Eastern Europe. And indeed I've heard the rumours about the second base in CE Europe to be announced possibly as early as next week. So, where this new base would be located, I started to analyze. In Poland perhaps, with a substantial traffic for so many years? Or could it be Bratislava, so well located as the capital city of Slovakia with neighbouring Vienna as a parallel target?
Well, if this rumour about Vilnius is true, I'll be truly amazed.
Or simply WTF, as you put it. Competing just to compete?
But let's wait and see. There in Lithuania (with its 3 million population) they have also an airport in Palanga nearby, could it be the third base to come?
Well, if this rumour about Vilnius is true, I'll be truly amazed.
Or simply WTF, as you put it. Competing just to compete?
But let's wait and see. There in Lithuania (with its 3 million population) they have also an airport in Palanga nearby, could it be the third base to come?
Back to an earlier question with no answers, but this point raises it again. I heard from a Wizz air pilot that the main investor in RYR & Wizz are the same. Thus there is an unofficial agreement of not treading on toes. Speculation abounds as to what will happen when Wizz go to the stock market. Will RYR take a majority stake and merge the two? Will they leave well alone and reap profit? If that is all true it begs the question of this now declared direct competition. Any insiders from either party with some facts?
Any agreement not to compete would be called a Cartel, not only is it illegal BUT you get a nice cell as a result plus a huge fine and EU goes through your company like a dose of the 5hits.
Its easily argued they don't compete but you could argue just the same with Easyjet and others.
In relation to if Wizz ever floats well if FR decided to take a stake it would have to be an arms length transaction and would get crawled over.
Just because you own shares in Company A and Company B unless you personally get a major benefit from company A why would you give them your shares.
In addition IF FR decided to buy shares in Wizz post float, the shareholding by joint investors could get lumped in with the FR holding and both parties could get accused of acting as a concert party which could get tricky.
It is a complex area BUT given how much money the Texans pay in legal advice I think you can pretty much guarantee that the holdings are viewed and looked at separately and any instructions re competition aren't going to happen.
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I wonder will the announcement regarding LDY happen at the press conference tomoro?
Last edited by Charlie Roy; 20th Feb 2011 at 22:36.
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Quote:
I wonder will the announcement regarding LDY happen at the press conference tomoro?
"the announcement" - soemone started a rumour that LDY was due more announcements following the Alicante news. But as far as I'm aware, it's just a rumour. No more announcements due for LDY.
I wonder will the announcement regarding LDY happen at the press conference tomoro?
"the announcement" - soemone started a rumour that LDY was due more announcements following the Alicante news. But as far as I'm aware, it's just a rumour. No more announcements due for LDY.
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I honestly think some people dont want LDY to get more routes and almost have a grudge against the place!
Im gona put this to rest and let the route slip, the announment may or may not be tomoro but TENERIFE SOUTH will become an LDY route for summer 2011!
Im gona put this to rest and let the route slip, the announment may or may not be tomoro but TENERIFE SOUTH will become an LDY route for summer 2011!
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That's great news Carnmanor, another route for LDY. God knows the region could really benefit from the 1000 jobs this will create in the area, or is it 2000? I can never remember the formula RYR use.....
Great news! Thanks for finally letting it slip! I've got my eyes on Ryanair's website for any breaking news or booking form update!
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LDY-TSF I doubt it, the runway at LDY is very restrictive, without doing the sums I would guess that you could probably manage about 50 pax plus min fuel to TSF out of LDY, that is unless they have extended the runway since I was last there!
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Kaunas and Vilnius
Wozik, you've linked the wrong article from 15min.lt, it's this one here:
I could see why there are some advantages having some flights from VNO in addition to KUN, as Vilnius is the main tourist destination in LT. KUN is more convenient though for many people from LT, esp the West. Demand for GB-LT is high enough to sustain both Wizzair and Ryanair, I mean look at flight prices e.g. for Easter. There are examples of unofficial friendly coexistence like EZY LTN/LGW-SXF and FR STN-SXF. Service-wise, Wizz feels more like EZY. Can't really see FR leaving KUN completely.
Let's see. Our experience in BHX and also MAN is that FR come and go, then again come and go. E.g. they'll probably announce VNO-SXF, then cancel it after 6 months. But please FR, don't go for VNO-DSA, instead please EMA-VNO and keep BHX-KUN
.
Oh, unconfirmed news just in ! It's only London and Dublin, not more. So no worries yet, Wizzair folks.
I could see why there are some advantages having some flights from VNO in addition to KUN, as Vilnius is the main tourist destination in LT. KUN is more convenient though for many people from LT, esp the West. Demand for GB-LT is high enough to sustain both Wizzair and Ryanair, I mean look at flight prices e.g. for Easter. There are examples of unofficial friendly coexistence like EZY LTN/LGW-SXF and FR STN-SXF. Service-wise, Wizz feels more like EZY. Can't really see FR leaving KUN completely.
Let's see. Our experience in BHX and also MAN is that FR come and go, then again come and go. E.g. they'll probably announce VNO-SXF, then cancel it after 6 months. But please FR, don't go for VNO-DSA, instead please EMA-VNO and keep BHX-KUN
.Oh, unconfirmed news just in ! It's only London and Dublin, not more. So no worries yet, Wizzair folks.
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@Ballsout - When were you last in LDY - the long awaited extension is complete and the run way is just shy of 2000m (1967m I believe) and is supposed to be capable of full B737 or equiv. Ops. I do stand open to correction though on range of aircraft.
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Vilnius: More unconfirmed news
... though this is a renowned newspaper, so there is some truth in the Story. Dublin, London (not said which one, probably STN), Milan (BGY, I reckon), Barcelona (BCN ?), Rome (CIA, I reckon).
Impact on Wizzair can only be judged after the schedules are more visible (e.g. usability for weekend trips). Starting May according to this source. I think there is enough of a market there, VNO has some big holes in its destination map. No German routes, while KUN has some. AirBaltic must be annoyed, but they haven't treated VNO well in the past years.
Impact on Wizzair can only be judged after the schedules are more visible (e.g. usability for weekend trips). Starting May according to this source. I think there is enough of a market there, VNO has some big holes in its destination map. No German routes, while KUN has some. AirBaltic must be annoyed, but they haven't treated VNO well in the past years.
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Well, in the Irish Examiner you can find it as well... must be official then?
Ryanair today announced its first five routes from the Lithuanian capital Vilnius, to Barcelona (Girona), Dublin, London (Stansted), Milan (Bergamo) and Rome (Ciampino) from May onwards.
Ryanair’s Barcelona (Girona) and Milan (Bergamo) routes will transfer from Kaunas to make way for Ryanair’s first Greek routes from Kaunas to Rhodes and Kos which were announced recently.
Ryanair’s Barcelona (Girona) and Milan (Bergamo) routes will transfer from Kaunas to make way for Ryanair’s first Greek routes from Kaunas to Rhodes and Kos which were announced recently.
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Vilnius
... but Kaunas will stay their main base and keep STN and DUB. Good. About VNO frequencies, from what I can see in an article on delphi.lt:
STN: Daily, DUB, BGY and CIA: 3 pw, GRO: 2pw
Source:
The odd thing in all this is that UK and Spanish economies are struggling, Germany doing very well and on 1st May finally lifting all EU workers restrictions also for LT people. But FR still bets on UK and Spain. Let's see. E.g. LH had a third rotation planned for VNO-FRA, and knowing them, they might still set it up. 4U unfortunately has mostly retreated from Eastern Europe.
STN: Daily, DUB, BGY and CIA: 3 pw, GRO: 2pw
Source:
The odd thing in all this is that UK and Spanish economies are struggling, Germany doing very well and on 1st May finally lifting all EU workers restrictions also for LT people. But FR still bets on UK and Spain. Let's see. E.g. LH had a third rotation planned for VNO-FRA, and knowing them, they might still set it up. 4U unfortunately has mostly retreated from Eastern Europe.
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Vilnius airport says:
Airport news
Airport news
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John, Yea, it's been a while but I doubt if 2000 mtrs is enough to guarentee a full load, I will have to have a look at the LDY Perf. the last time i was in there we were restricted to 135 pax, and that was just for a short flight.
Only needed about three tons of fuel, and at a guess you would need about fifteen for TFS.
eric, Yes, been to both many times, old age getting to me.
Only needed about three tons of fuel, and at a guess you would need about fifteen for TFS.
eric, Yes, been to both many times, old age getting to me.
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Vilnius airport says:
Airport news
Airport news
Ryanair is the worlds favourite airline
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John, Yea, it's been a while but I doubt if 2000 mtrs is enough to guarentee a full load, I will have to have a look at the LDY Perf. the last time i was in there we were restricted to 135 pax, and that was just for a short flight.
Only needed about three tons of fuel, and at a guess you would need about fifteen for TFS.
Only needed about three tons of fuel, and at a guess you would need about fifteen for TFS.
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Lithuania
UK and Spanish economies are struggling, Germany doing very well and on 1st May finally lifting all EU workers restrictions also for LT people. But FR still bets on UK and Spain.