steman
Posts: 1400
Joined: Wed Aug 09, 2000 4:55 pm

AirEurope/Volare News

Thu Feb 07, 2002 7:21 pm

Hello guys,
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.

Ciao

Stefano
 
keesje
Posts: 8589
Joined: Thu Apr 12, 2001 2:08 am

RE: AirEurope/Volare News

Thu Feb 07, 2002 8:14 pm

http://library.northernlight.com/FC20020205760000836.html?cb=0&sc=0#doc

why not KLM, Dolimiti seems to be very succesfull with LH ...
"Never mistake motion for action." Ernest Hemingway
 
steman
Posts: 1400
Joined: Wed Aug 09, 2000 4:55 pm

RE: AirEurope/Volare News

Thu Feb 07, 2002 8:31 pm

Just because I don't like KLM and LH.
But more than probably the choice will be between KLM and BA.

Ciao

Stefano

 
airblue
Posts: 1785
Joined: Sat May 19, 2001 9:16 pm

RE: AirEurope/Volare News

Fri Feb 08, 2002 12:24 am

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.
 
keesje
Posts: 8589
Joined: Thu Apr 12, 2001 2:08 am

RE: AirEurope/Volare News

Fri Feb 08, 2002 12:43 am

Well Volare offering good one-stop connections (great AMS KLM-NWA hub) to all (20 ?) direct daily US destinations. That could put some fire in their revenues.

How about low cost / high ticket prices ?
"Never mistake motion for action." Ernest Hemingway
 
keesje
Posts: 8589
Joined: Thu Apr 12, 2001 2:08 am

RE: AirEurope/Volare News

Fri Feb 08, 2002 1:22 am

Oops, news is catching up on us ...

http://biz.yahoo.com/rf/020207/l07496947_1.html

keesje
"Never mistake motion for action." Ernest Hemingway
 
airblue
Posts: 1785
Joined: Sat May 19, 2001 9:16 pm

RE: AirEurope/Volare News

Fri Feb 08, 2002 1:26 am

Keesje,

with "low cost" I mean the kind of operations also called no-frills.
Sure a no-frills carrier doesn't follow a strategy to make code-sharing agreement and to fedeer big hubs.
 
User avatar
DaV
Posts: 657
Joined: Tue Jun 26, 2001 5:26 am

RE: AirEurope/Volare News

Fri Feb 08, 2002 6:40 am

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.

Rgds

DaV
Two monologues do not make a dialogue
 
keesje
Posts: 8589
Joined: Thu Apr 12, 2001 2:08 am

RE: AirEurope/Volare News

Fri Feb 08, 2002 6:15 pm

In my opinion Volare - KLM cooperation could be successful. Volare could bet on two horses, improving it's domestic services and make SPL its jump station into the US.

Combining KLM and Volare customer bases in Italy and with NWA in the US could electrify sales.

Lot's of Americans would be flying Volare to Italy & Italians via SPL to all over the US.
"Never mistake motion for action." Ernest Hemingway
 
petertenthije
Posts: 3255
Joined: Tue Jul 10, 2001 10:00 pm

RE: AirEurope/Volare News

Fri Feb 08, 2002 7:42 pm

Apparently I must disappoint a lot of people. According to Dutch newspaper "De Gelderlander" Volare will sign an agreement to fly for KLM. It will be a code share, no (partial) take-over.

http://www.gelderlander.nl/CDA/regioportal/0,2078,1460,00.html

Unfortunaltely this page is Dutch only.
Attamottamotta!
 
steman
Posts: 1400
Joined: Wed Aug 09, 2000 4:55 pm

RE: AirEurope/Volare News

Fri Feb 08, 2002 8:09 pm

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.

Ciao

Stefano

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