Steman From Germany, joined Aug 2000, 1385 posts, RR: 7 Posted (12 years 7 months 2 weeks 1 hour ago) and read 836 times:
this morning I heard at the TV news that the President of the Volare Group which includes Volare airlines and Air Europe, has bought back the 49.9% stake previously held by Swissair.
So now the President (I can't recall his name) has about 80% of the Company.
He also said that the group is in the process of expanding and renewing its fleet and they just placed an order for 2 A330 (without specifying the version, probably the A330-200) that will be delivery during this Spring, ready for the Summer season.
He also said that he is afraid of the collapse of Swissair because it used to be one of the best airline in the world and their preferred partner in Europe.
He excluded any possible agreement with the new Swiss Air Lines and he is looking for a new European partner which will be revealed soon.
I hope it won't be LH or KL.
I am sorry I can't provide you any link to this news because I haven't found anything.
Airblue From San Marino, joined May 2001, 1825 posts, RR: 11
Reply 3, posted (12 years 7 months 1 week 6 days 20 hours ago) and read 745 times:
Steman, unfortunately I have to tell you that KL is the first candidate and a code-sharing agreement will start (if nothing new will happen in the next months) very soon.
The new KL policy after the end of their project to merge with BA, is to buy small shares or made code-sharing agreement with regional carriers all over Europe.
I also hope Volare stay by its self, focusing only on charters and low-cost operations.
Unfortunaly the Volare managment still think that a full-service airline can be competitive in scheduled flights market, but this is a bad business strategy to follow in these days.
All the low-cost carriers are moving from UK to Europe continent, and today that in Italy there isn't a real low-cost carrier it's a good time to start this kind of operations.
AirOne is a LH partner so I really doubt it could follow this way and also Meridiana has some with labour cost.
So Volare has a good advantage to use now.
I heard some rumors that FR wants to open a hub in Bergamo. I really hope this is only a rumor, cause that means a big trouble for a lot of Italian carriers, expecially if the flying domestic on the North-South routes.
DaV From Italy, joined Jun 2001, 669 posts, RR: 9
Reply 7, posted (12 years 7 months 1 week 6 days 13 hours ago) and read 703 times:
Volare offers a good product with an excellent price, that's one of the reason of their success on the market (think only they moltiplied by 4x coefficient their fleet in 2 years). Italian market, has said Airblue, miss a true low-cost airlines (like easyJet or Ryanair); Volare sells its product at a medium way from full-fare airlines and no-frills airlines. If a big take it, we could see in order:
1) higher prices
2) the same standard as today (wich is good enough for today price, but I bet it it won't better as fares increase)
3) less competitiveness.
I think Volare should go on its own; the natural partner of Volare died some months ago -a medium European airlines with an extended intercontinental market-
As KLM is bigger in terms of European market than SR was, and the link with BA, I think it could put too much pressure and breaks on them.
As partner I don't like neither BA nor KLM, but even after the Yahoo article I bet on BA. They've just lost National Jet Italia, and the Italy-U.K. market is very big... but it's true, KLM still needs some partner in Europe.
Steman From Germany, joined Aug 2000, 1385 posts, RR: 7
Reply 10, posted (12 years 7 months 1 week 6 days ago) and read 664 times:
I am not disappointed.
I know that KLM can be a good partner for Volare Group and NW and CO are among the best US partner.
I wish them good luck.
I'd like to see in Italy another major airline like in the UK.