Adriaticflight From , joined Dec 1969, posts, RR: Posted (11 years 1 week 2 days 23 hours ago) and read 2421 times:
Does anyone else happy that Iceland Express seems to have been a success. They are to use a second Astraeus 737-300 from April 1st to have two daily flights between London, Cobenhagen and Reykjavik.
I flew with Iceland express in April last year, they had been operating just one week. The service was good and it is a nice way to get to a beautiful country.
What about other destinations? Amsterdam, Cologne, Frankfurt, Manchester, Stockholm, Goteborg?
CKT789 From , joined Dec 1969, posts, RR:
Reply 1, posted (11 years 1 week 2 days 23 hours ago) and read 2372 times:
I flew on Icelandair last year and from what I saw the tourist industry over there is really taking off. Iceland Express have launched at the right time. It would be good to see them expand and give Icelandair some competition, although the latter may be more interested in business and transit traffic.
Pe@rson From , joined Dec 1969, posts, RR:
Reply 3, posted (11 years 1 week 2 days 17 hours ago) and read 2212 times:
It's good that the carrier is expanding. However, it's a shame that they're leasing their aircraft, in view of the high cost (leasing firms charge around $100,000 per month for a typical 737) of doing so. Hopefully they'll be able to afford their own beasts someday soon.
Asgeirs From , joined Dec 1969, posts, RR:
Reply 4, posted (11 years 1 week 2 days 15 hours ago) and read 2153 times:
Many people here in Iceland (including me) have been very happy since Iceland Express joined the game. It's not only their overall lower prices but also the absence of some restrictions such as having to stay until sunday or pay higher prices otherwise. I flew with them two roundtrips KEF-CPH last year and will most probably fly with them 2-4 roundtrips this year. So far I have nothing to complain about.
Their second daily flights will increase travel flexibility, mostly for people from Iceland who transit though Stansted to some other place because as it is now, you usually have to stay the night there to catch your next flight the morning after (they don't land at Stansted until around suppertime when most flight have already departed). The upcomig morning flight will solve that problem.
> it's a shame that they're leasing their aircraft, in view of the high cost ...
Iceland Express is in many ways more like a travel agency than an airline. They keep costs low by outsourcing such things as flight operations and IT services to companies specializing in those fields. It would not be economical for them to operate their own flight operations with only one or two aircraft. Better to have a bigger partner like Astraeus take care of that.
About them adding more destinations, I don't see that happening soon. Each additional jet they take would need to make two roundtrips per day, either two to the same location or one to two locations. London and Copenhagen have for a long time been the most popular destinations from Iceland. Other destinations would not provide enough passengers unless maybe over the summer.
Amhilde From , joined Dec 1969, posts, RR:
Reply 5, posted (11 years 1 week 2 days 15 hours ago) and read 2114 times:
What London airport do they fly to- LTN?
Ive been thinking about maybe popping up to Iceland this year or next just to see what its all about- short few days as I hear its expensive- but its nice to see that there are other airlines entering that market so I wont have to shell out for SAS fares!
Pe@rson From , joined Dec 1969, posts, RR:
Reply 6, posted (11 years 1 week 2 days 14 hours ago) and read 2081 times:
"Better to have a bigger partner like Astraeus take care of that."
Yes, they're only a small outfit, but it would be better for them to own their own aircraft because in the long run it's cheaper, and thus more conducive to a low-cost operation. For example, they should be able to acquire a second-hand 737-300 for $15m or less, whereas the cost of leasing a typical 737 is normally around $100,000 per month. Thus in the long run, it'd be far cheaper to purchase than lease. So when they have the necessary capital, it'd be a wise move. Indeed, I forsee them eventually purchasing their own aircraft.
Godbless From , joined Dec 1969, posts, RR:
Reply 7, posted (11 years 1 week 2 days 13 hours ago) and read 2058 times:
...the cost of leasing a typical 737 is normally around $100,000 per month.
I heard that after 9/11 a 737 goes for rates like $60.000/month since there are various planes out there waiting for something to do which presses on the prices.