Moderators: jsumali2, richierich, ua900, PanAm_DC10, hOMSaR

 
factsonly
Topic Author
Posts: 2993
Joined: Mon Aug 06, 2012 3:08 pm

ANISEC - Level Europe in Administration

Thu Jun 18, 2020 9:40 am

June 18, 2020:

IAG's Austrian based low cost daughter ANISEC / Level Europe with a fleet of A320/A321 and bases in VIE and AMS is entering administration.


https://cms.flyleveleurope.com/en/leveleurope
 
upperdeckfan
Posts: 1084
Joined: Fri Jun 08, 2007 1:59 am

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 9:42 am

Sad but no surprise here, it was the weakest, smaller and less established IAG brand. If someone had to fail Level was on the front seat.
748,744,742,741,772,773,762,763,
764, 789, 732,733,735,737,738,739,
752, 722, 717,74M,DC10,DC9,M82,
M83, M87, M88,310,319,320,321,332,
333, 343, 346,359,388,L1011,CR2,
CR7, CR9,CRK, E175,E190,ATR42,
DSH8, CS1,CS3
 
DALCE
Posts: 1984
Joined: Thu Feb 01, 2007 7:45 pm

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 9:48 am

I feel sorry for the people working there, but they really had no added value to the markets. So they will be forgotten very soon. The whole construction was bound to fail anyway, and then came CoVid-19....
But again, for the people who work hard it is really sad, hope they find new jobs fairly soon in their bases!
flown: F50,F70,CR1,CR2,CR9,223,E75,E90,143,AR8,AR1,733,735,736,73G,738,
753,763,744,77W,788,319,320,321,333,AB6.
 
Someone83
Posts: 4937
Joined: Sun Sep 17, 2006 5:47 pm

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 10:05 am

Looks more like liquidation than administration?
 
aviator2000
Posts: 96
Joined: Sun May 20, 2018 11:19 am

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 10:09 am

So this doesn't impact LEVEL's long haul bases in Paris and Barcelona?
 
davidjohnson6
Posts: 951
Joined: Mon Jun 20, 2016 10:10 pm

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 10:14 am

Paris and Barcelona are flown by separate airline companies
 
JeremyXWB
Posts: 49
Joined: Mon Jun 15, 2015 9:04 am

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 10:16 am

So LEVEL becomes the first casualty of the VIE bloodbath
 
Luanco
Posts: 2
Joined: Mon May 11, 2020 9:23 am

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 10:28 am

Will IAG go back to plan A and have Vueling operating those routes
 
a350lover
Posts: 899
Joined: Sun Dec 24, 2017 11:21 am

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 10:33 am

No impact to Paris and Barcelona long haul ops. Paris is some sort of former Openskies. Barcelona is Iberia.

IAG interest in VIE was always "clumsy" to me. LEVEL is the perfect example of how you can fail in serving a new market: they had all possible issues one could think of, labour issues, bad press, crazy low fares lossing tones of money, tones of competitors willing to loose more than you do. There was no reason to enter VIE. There were more reasonable players to enter there, even if they were to loose money (i.e Wizz, Eurowings with notably greater presence in the region...).

LEVEL Europe was a movement to finally kick off Vueling out of Europe. For several reasons widely covered in this forum in past threads Vueling brand does not work in Europe. But my impression is that more important than that was the fact that Vueling operation in Europe was not effective via Vueling Spain contracts (mainly in terms of pilots and crews). That was the real reason for IAG to develop Vueling Europe, just to make sure they had a blank sheet, cheap enough to operate intra Europe low cost. They failed.

I believe LEVEL is in danger of disappear. It was fun to come up with a brand so quickly. Gave IAG lots of flexibility to move quickly in a market like aviation where to get things done normally take long. It was fine as an experiment. Should demand recovers pretty quickly, they could rescue it and give it a second round, but makes little sense in current times.
 
airhansa
Posts: 380
Joined: Wed Jan 08, 2020 3:18 pm

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 10:50 am

On a side note about market structure, do people here prefer low cost airlines being a subsidiary of mainline airlines or as standalone airlines?
 
debonair
Posts: 3900
Joined: Sat Jan 03, 2004 10:50 pm

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 11:07 am

upperdeckfan wrote:
Sad but no surprise here, it was the weakest, smaller and less established IAG brand. If someone had to fail Level was on the front seat.


And horrible managed... Flights sold as LEVEL, booking via VUELING, ticket issued under IBERIA-code, operated by openskies - and nobody felt responsible! Worst to come, flights sold in the beginning from VIE on a webpage in Spanish and French. And flights are still sold under the brand Anisec Luftfahrt, despite name change to Level Europe... :banghead:
Last edited by debonair on Thu Jun 18, 2020 11:10 am, edited 1 time in total.
 
cityshuttle
Posts: 151
Joined: Mon Jan 02, 2017 3:56 pm

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 11:09 am

Hopefully many of the VIE based VK crew will get job opportunities at W6 / Wizzair, as they were just announcing a bunch of new routes from VIE.

Sad anyway, as I was hoping that step by step the Vueling brand could be switched to Level Europe too. But with the reduction of routes at VIE and taking over a few routes at AMS along with COVID-19 this was likely to happen.

Maybe - without COVID-19 - they should have focused on MXP with a short haul & long haul base after Air Italy ceased operations. The infrastructure is there, the Milan area is wealthy enough supporting some long haul destinations and no real home carrier was there ... except for EasyJet and a few Alitalia flights.
 
davidjohnson6
Posts: 951
Joined: Mon Jun 20, 2016 10:10 pm

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 11:55 am

When Anisec began taking on aircraft, they presumably had to raise funds - either from banks, or persuade leasing companies that they were sufficiently creditworthy. I'm guessing some of those banks and leasing companies looked at the word "subsidiary of IAG" and thought that while there was no explicit guarantee from IAG to pay Anisec's debts, there some people may have thought it unlikely IAG would let Anisec collapse suddenly - i.e. an implicit guarantee of support from the parent company
Will this collapse of Level Europe mean that in future financing might be a little bit more expensive for IAG subsidiaries ?
 
MIflyer12
Posts: 8479
Joined: Mon Feb 18, 2013 11:58 pm

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 1:09 pm

airhansa wrote:
On a side note about market structure, do people here prefer low cost airlines being a subsidiary of mainline airlines or as standalone airlines?


IAG maintaining multiple subsidiaries duplicates some costs - crew fragmentation, fleet fragmentation, branding & marketing costs among them. But it sure makes it easy to throw an under-performing subsidiary into liquidation.
 
tobsw
Posts: 140
Joined: Mon Jul 11, 2011 2:29 pm

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 1:17 pm

JeremyXWB wrote:
So LEVEL becomes the first casualty of the VIE bloodbath


easyJet were the first group leaving Vienna.
 
formigueta
Posts: 32
Joined: Fri Nov 03, 2006 11:34 pm

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 2:09 pm

debonair wrote:
upperdeckfan wrote:
Sad but no surprise here, it was the weakest, smaller and less established IAG brand. If someone had to fail Level was on the front seat.


And horrible managed... Flights sold as LEVEL, booking via VUELING, ticket issued under IBERIA-code, operated by openskies - and nobody felt responsible! Worst to come, flights sold in the beginning from VIE on a webpage in Spanish and French. And flights are still sold under the brand Anisec Luftfahrt, despite name change to Level Europe... :banghead:


Totally correct. Anisec what a response from IAG to the failure to buy the assets from Niki, which were finally acquired by Laudamotion and sold to Ryanair right after that.

The company was bizarre, badly managed by Vueling executives, with CEOs coming in and out and no clear business plan. The move to Amsterdam was only to try to recover from the VIE bleeding and to try to make room to Vueling to finally negotiate and sign the new collective bargaining agreement with their pilots.

Sad for the employees and cabin crew working there which are left without job due to some executives with no aviation knowledge.
 
Sceptical
Posts: 1
Joined: Thu Jun 18, 2020 12:40 pm

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 3:31 pm

Are there likely to be adverse consequences for the LEVEL brand, given that a named company is going into a liquidation/administration process? Is it not more usual in the corporate world to keep the brand out of such processes, to avoid unhelpful comment, by renaming companies etc. in advance of announcement? So, given the prominence of the name LEVEL in the announcements, does this mean the brand has little future in the IAG group? Only questions I am afraid!
 
User avatar
dutchflyboi
Posts: 94
Joined: Sat Apr 26, 2008 5:56 pm

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 4:09 pm

tobsw wrote:
JeremyXWB wrote:
So LEVEL becomes the first casualty of the VIE bloodbath


easyJet were the first group leaving Vienna.


easyJet has not left Vienna. easyJet Europe still is registered there. It is not a crew base, but flights are departing / arriving from VIE, once operations are up again. The AMS -VIE flights are scheduled again from August 10th
 
Blerg
Posts: 4242
Joined: Tue Jan 09, 2018 11:42 am

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 4:15 pm

I doubt anyone will notice them being gone. How many planes did they have in VIE before corona? I tried checking on VIE's Wikipedia page where they flew from there but someone already removed them. I guess after a great run, VIE numbers will start sliding, most likely for the next few years
 
davidjohnson6
Posts: 951
Joined: Mon Jun 20, 2016 10:10 pm

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 4:24 pm

Blerg - on wikipedia, click on the "View History" tab at the top right, and you can see old versions of a wikipedia page. When airlines cease operations, the route data often gets removed from wikipedia quickly
https://en.wikipedia.org/w/index.php?ti ... on=history
 
Blerg
Posts: 4242
Joined: Tue Jan 09, 2018 11:42 am

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 4:51 pm

davidjohnson6 wrote:
Blerg - on wikipedia, click on the "View History" tab at the top right, and you can see old versions of a wikipedia page. When airlines cease operations, the route data often gets removed from wikipedia quickly
https://en.wikipedia.org/w/index.php?ti ... on=history


Interesting, thank you. Their presence in VIE was tragic to say the least. No wonder they failed so fast.
 
airboss787
Posts: 275
Joined: Mon Apr 29, 2019 11:39 pm

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 5:06 pm

So, I am confused, is this the entire LEVEL brand? The long haul and short haul or just the short haul segment? Wikipedia says the whole brand is gone, but I am not sure. All articles only mention LEVEL Europe.
Star Alliance Gold
 
Andy33
Posts: 2569
Joined: Tue Sep 15, 2009 9:30 am

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 5:43 pm

airboss787 wrote:
So, I am confused, is this the entire LEVEL brand? The long haul and short haul or just the short haul segment? Wikipedia says the whole brand is gone, but I am not sure. All articles only mention LEVEL Europe.

The company Level Europe/Anisec is exclusively a short haul operation with bases at Amsterdam and Vienna. This is the company that has closed.
Long haul operations branded as Level are flown out of Barcelona by Iberia, and out of Paris by Openskies (formerly BA Openskies). These are unaffected by what has happened to Level Europe.
 
User avatar
PepeTheFrog
Posts: 397
Joined: Mon Dec 16, 2019 10:38 pm

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 5:46 pm

So what does this mean for the IAG 737 MAX order intent? Because some of those planes were meant for LEVEL Europe.
Good moaning!
 
airboss787
Posts: 275
Joined: Mon Apr 29, 2019 11:39 pm

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 6:28 pm

Andy33 wrote:
airboss787 wrote:
So, I am confused, is this the entire LEVEL brand? The long haul and short haul or just the short haul segment? Wikipedia says the whole brand is gone, but I am not sure. All articles only mention LEVEL Europe.

The company Level Europe/Anisec is exclusively a short haul operation with bases at Amsterdam and Vienna. This is the company that has closed.
Long haul operations branded as Level are flown out of Barcelona by Iberia, and out of Paris by Openskies (formerly BA Openskies). These are unaffected by what has happened to Level Europe.


Cool, thanks for that!
Star Alliance Gold
 
GLANKG
Posts: 107
Joined: Fri Feb 02, 2018 9:19 am

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 8:44 pm

Hardly notice their existence ever, only saw their flight once when I was booking Paris - Vienna in January and their price was rather cheap about 40€, tempted to try but afternoon departure would mean a wasted morning so went along with OS in the end.

Legacy does LCC is not successful at all. IAG seems following LHG and losing badly (but quietly) on LCC experiment, LEVEL was never a good name for a start, the whole operation was deeply disorganised and you may wonder if they really meant it. In LHG Eurowings lost about 400 million in the last two years.
 
User avatar
Continental767
Posts: 171
Joined: Fri Apr 01, 2016 3:22 pm

Re: ANISEC - Level Europe in Administration

Thu Jun 18, 2020 10:19 pm

Level’s operations seemed like a mess from day one, and instead of improving and simplifying, they just tried to grow grow grow. It seemed unsustainable... and it turns out it was. Hope their employees will be okay.
Indianapolis.
 
airhansa
Posts: 380
Joined: Wed Jan 08, 2020 3:18 pm

Re: ANISEC - Level Europe in Administration

Fri Jun 19, 2020 4:03 am

IAG probably can't run a profitable low cost airline as no-frills is basically what you get with their normal airlines. That's their entire profit model out the window.
 
Westerwaelder
Posts: 292
Joined: Fri Apr 03, 2020 12:27 pm

Re: ANISEC - Level Europe in Administration

Fri Jun 19, 2020 5:08 am

airhansa wrote:
IAG probably can't run a profitable low cost airline as no-frills is basically what you get with their normal airlines. That's their entire profit model out the window.

Not sure, many so called full service airlines can. Low cost is in the DNA of true low cost carriers, not just lower labour cost as some airlines seem to think.
 
Danhill1905
Posts: 30
Joined: Thu Dec 12, 2019 11:30 am

Re: ANISEC - Level Europe in Administration

Fri Jun 19, 2020 7:37 am

Tim Byatt (BA pilot) has made a very good point on Twitter regarding this and it’s something I’ve thought.

Is this the first move of IAG moving the Level A320s and A321s into FlyLevel UK LTD (Company no. 10630383), which is currently dormant and awaiting any action? Potential springboard for IAG’s plans for short-haul from LGW......
 
factsonly
Topic Author
Posts: 2993
Joined: Mon Aug 06, 2012 3:08 pm

Re: ANISEC - Level Europe in Administration

Sat Jun 20, 2020 12:04 pm

The question is, will Vueling take back the non-Spanish routes the airline handed to ANISEC in 2019, such as;

- AMS-FCO 2x daily
- AMS-LIS 1x daily
- AMS-LTN 2x daily
- AMS-MXP 1x daily

These routes required Vueling aircraft/crews to overnight in AMS, an additional cost that led to their transfer to ANISEC based aircraft.

Or will we witness a much smaller IAG LCC/Vueling operation in Europe??
 
User avatar
aemoreira1981
Posts: 3636
Joined: Mon Jan 09, 2017 12:17 am

Re: ANISEC - Level Europe in Administration

Sun Jun 21, 2020 12:02 am

The two A320s that were VK were previously at VY. (One was actually inherited from XG when merged with VY.) Could they return to VY? (All they would need is a fresh coat of paint and to be re-registered in Spain.) None of the fleet had flown since April 8.

As for the 4 A321s, I see OE-LCF as having no future in IAG; at 17 years of age, that could be a future freighter conversion candidate. The others could be re-allocated to BA or I2.

Popular Searches On Airliners.net

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos