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Another Irish Carrier Ceases Operations

BestWestern From Ireland, joined Sep 2000, 5077 posts, RR: 62
Posted (5 years 6 months 1 week 1 day 16 hours ago) and read 939 times:

Two Irish airlines cease operations in a month, three so far in 2004. Only four scheduled operators left (EI, FR, RE, WX)...

http://www.rte.ie/news/2004/0525/air.html

"Skynet, which operates a daily service from Shannon to Amsterdam and Moscow, has suspended its flights at Shannon because of its failure to solve a financial problem with a leasing company."

"Plans to charter another plane to solve the crisis never materialised."

[Edited 2004-05-25 18:17:51]

Does God get peeved if you dont use a capital 'g' ?

4 replies: All unread, jump to last

Horus From Egypt, joined Feb 2004, 5230 posts, RR: 74
Reply 1, posted (5 years 6 months 1 week 1 day 11 hours ago) and read 716 times:

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I guess EI and FR have a pretty strong grip on the market.

Airliner World reported a few months back that Skynet was planning to lease a B763ER to start long-haul flights to Newark in May.

Bestwestern, do you know why the ceased operations? I remember reading that they were achieving load factors of 70%

EGYPT: A 7,000 Year Old Civilisation

BestWestern From Ireland, joined Sep 2000, 5077 posts, RR: 62
Reply 2, posted (5 years 6 months 1 week 1 day ago) and read 538 times:

A 70% load factor with such a small fleet will never pay for the corporate (central) costs of running an airline. Every airline still needs its CEO, COO, and Chief Pilot. I understand that the optimal figure for a small airline is 13 aircraft.

Does God get peeved if you dont use a capital 'g' ?

HZ747300 From Hong Kong SAR, PRC, joined Mar 2004, 1442 posts, RR: 0
Reply 3, posted (5 years 6 months 1 week 16 hours ago) and read 320 times:

Shannon to Amsterdam and Moscow though, how much traffic could there have really been? Were they really expecting to last?

Keep on truckin'...

Snnams From Ireland, joined Apr 2004, 288 posts, RR: 2
Reply 4, posted (5 years 6 months 1 week 11 hours ago) and read 212 times:

There is a good market between Ireland and The Netherlands as anyone who has flown between DUB or ORK and AMS/RTM will tell you. Skynet's marketing was abysmal however. They had a rep for high fares (even though they were quite reasonable) so many still flew with FR to Charleroi to get to Holland from Shannon! ridiculous! No-one in Holland knew of them, not even the large Irish expat community many of who were from the Shannon area.

On any flight I was on to Amsterdam with them (and that was at least 20 since they started), loads were more like 15-30%. AMS-SVO did well because it was an SU codeshare, sold chiefly by SU.

Skynet's crew were great though, and I am sorry to see another fine bunch of people let down by poor managment and decisions.

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