The past few days have brought news from several low-cost carriers in Europe. Three are expanding operations while a fourth is preparing to launch.
Here’s the latest:
Ryanair’s Receives 14 New Aircraft
Ryanair had a strong first quarter but has warned that they expect a fare war to lead to cuts in flight prices through the summer.
Mainly due to the inclusion of Easter in the first quarter this year, Ryanair announced that they increased net profits by 55% over the same quarter last year. They took delivery of 14 new aircraft, bringing their total fleet to 397, and flew over 35 million passengers during the quarter.
At the same time, the Irish airline also warned investors of an expected fare war as the summer continues. With the fares for some routes being cut this summer, chief executive Michael O’Leary has said that overall fares may fall by 5% by September and 8% by March of 2018. They “expect the pricing environment to remain very competitive” during this time.
LEVEL Orders Additional Airbus A330s
IAG, the parent of British Airways, Aer Lingus, Iberia, and Vueling, has placed an order for an additional 3 Airbus A330 aircraft to be used for their new low-cost airline called LEVEL.
With a slogan of “It’s Your World,” LEVEL believes the world’s a better place when we all get out and experience it. They’re here to make getting there easy and affordable.
LEVEL launched at the beginning of June 2017 with just 2 A330s. The planes are based in Barcelona and currently fly to Los Angeles, Oakland, Buenos Aires, and Punta Cana.
It is yet to be seen if the new aircraft will add frequency to the current routes or if new routes and cities serviced will be announced when the planes are delivered.
Joon Reaches Deal With Pilots’ Union
Two weeks ago, we reported that Air France/KLM was facing an obstacle on the path to launching a new airline project that was temporarily being called Boost.
Early last week, Air France/KLM announced that they had won approval to continue with the project from their pilots’ union, and a few days later, they revealed the new name for the airline.
The airline will be called Joon, and Air France reiterated that it will be targeted toward a younger clientele. Specifically tailored for customers whose lifestyles revolve around digital technology, Joon will be less of a low-cost carrier and more of “a lifestyle brand and a state of mind.”
Air France said in a statement that “Joon is Air France’s complementary younger sister, which will also inspire its customers to travel with its elder sibling.”
EasyJet Europe Gains Approval of Austrian Hub
Amid concerns that Brexit will cause problems with continued flight operations between the UK and Europe, we reported that EasyJet had filed for a new base of operations in Austria.
They have now received the Austro Control Aircraft Operator Certificate (COA) and the Air Operator License from the Federal Ministry of Transport, Innovation, and Technology in Vienna.
This clears EasyJet Europe to begin re-registering the 110 aircraft they plan to fly under the Austrian headquarters.
Carolyn McCall, CEO of easyJet, said, “The Austrian Aviation Authority has been selected as the most suitable option for its rigorous approach to safety. I thank the Austrian Government, BMVIT and Austro Control for their support during this process and trust in a long and fruitful collaboration.”
Even though they now have approval for the new base of operations in Europe, EasyJet will continue to work with other UK and European carriers to push for agreements between the UK and EU that will allow flights between the two.
Featured Image courtesy of the AirFrance Press Release.