Englandair From United Kingdom, joined Oct 2000, 2228 posts, RR: 3
Reply 5, posted (13 years 10 months 3 weeks 2 days 22 hours ago) and read 1845 times:
I'd heard that Air Europe and Volare were to merge, resulting in the B777s being sold and replaced by A332s-know if there's any truth in that?
Do you really think that lauda will change it's entire fleet? I know it would mean parts/crew etc could be swapped with Austrian, but it does seem abit far to replace every single plane in the fleet?!
Zauberfloete From Austria, joined Nov 2000, 302 posts, RR: 0
Reply 6, posted (13 years 10 months 3 weeks 2 days 22 hours ago) and read 1827 times:
I don´t think that has to do with fleet comunality.
It´s just the case that the fleet expansion of laudaair was far to aggressive.
The financial situation of laudaair in the last years was very poor to say the least, and it seems that it won´t get better this year. They have massive losts in the first moths of that year, and it looks really bad.
The 777 are extremely expensive, the laudaair contracts with boeing seem to be not really cost effective. The NG777 are the most expensive 777-200IGW´s on the market, due to "taylor-made" modification and outfitting (galleys etc.) and due to the very small ammount of aircraft ordered (2).
The unique "sale_and_lease_back-and-buy_back_and_sale_and_leasback" operations by the former CEO made the 767 fleet also a very expensive one. They have now the situation to have a very expensive to operate fleet, and dramatic losts.
Unfortunately Laudaair can´t cut personal costs, because Laudaair personal is avtually among the cheapest in europe. The will have to increase the income of their pilots, flight attendants etc., and they will have to decrease their workload. All that raises costs, and that in time of severe financial troubles.
The only chance they have is to get rid of unused, too expensive aircraft. But it will be very difficult to find a cutomer for their B777´s. Because their price is enormouse, and other airlines will get cheaper TripleSevens directly new from Boeing.
The new Management tries everything to avoid the delivery of the new additonal B777 to them, because in their actual situation a 1.7 billion austrian schilling aircraft (that they don´t need) is the last thing they want to pay for.
1.7billion ATS for a new B777 would raise their losts to a catastrophic level.
DaV From Italy, joined Jun 2001, 669 posts, RR: 9
Reply 11, posted (13 years 10 months 3 weeks 1 day 23 hours ago) and read 1645 times:
Air Europe and Volare have already merged, with Air Europe bought by Volare Group Spa. That makes sense Air Europe intention to sell B777 for A332, since Volare Group has a strong A320 series fleet (17 aircraft). I only hope they keep both color schemes, I like them so much!
To the general topic:
and what about Lauda Air Italy?? Is not more part of Lauda Air AG??