adriaticflight
Posts: 405
Joined: Thu Jan 08, 2004 3:43 am

Iceland Express X2 Daily To London

Sun Jan 25, 2004 11:16 pm

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?

any suggestions?
 
CKT789
Posts: 400
Joined: Sat Sep 27, 2003 5:56 pm

RE: Iceland Express X2 Daily To London

Sun Jan 25, 2004 11:34 pm

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.
 
Sukhoi
Posts: 1561
Joined: Thu Jun 01, 2006 3:03 am

RE: Iceland Express X2 Daily To London

Mon Jan 26, 2004 4:58 am

Its great news that Iceland Express have become a success and are able to expand for the summer season. I had the pleasure of going to BIKF with them last March.

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Photo © Paul Dopson


Good news for Astraeus too who are taking on two extra -700's in to their fleet.

Cheers

Paul
 
Pe@rson
Posts: 16004
Joined: Sat Jan 13, 2001 6:29 pm

RE: Iceland Express X2 Daily To London

Mon Jan 26, 2004 5:34 am

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.
"Everyone writing for the Telegraph knows that the way to grab eyeballs is with Ryanair and/or sex."
 
asgeirs
Posts: 508
Joined: Sat May 05, 2001 7:34 am

RE: Iceland Express X2 Daily To London

Mon Jan 26, 2004 6:52 am

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.
Reykjavik Aviation Photography - Just bring the aircraft to us and we'll photograph them! :-)
 
amhilde
Posts: 628
Joined: Thu Oct 23, 2003 5:01 am

RE: Iceland Express X2 Daily To London

Mon Jan 26, 2004 7:41 am

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!
Hang on tightly, Let go lightly
 
Pe@rson
Posts: 16004
Joined: Sat Jan 13, 2001 6:29 pm

RE: Iceland Express X2 Daily To London

Mon Jan 26, 2004 8:46 am

"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.
"Everyone writing for the Telegraph knows that the way to grab eyeballs is with Ryanair and/or sex."
 
godbless
Posts: 2680
Joined: Tue Apr 04, 2000 5:26 am

RE: Iceland Express X2 Daily To London

Mon Jan 26, 2004 8:58 am

...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.

Max
 
Pe@rson
Posts: 16004
Joined: Sat Jan 13, 2001 6:29 pm

RE: Iceland Express X2 Daily To London

Mon Jan 26, 2004 9:02 am

"I heard that after 9/11 a 737 goes for rates like $60.000/month."

Odd. I read that statistic from an aviation book published in mid-2003. The prices certainly reduced post 9/11, but I guess that they have increased again as the market has become more stable.
"Everyone writing for the Telegraph knows that the way to grab eyeballs is with Ryanair and/or sex."

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