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Edinburgh (EDI) Aviation Thread - 2022

Sat Jan 01, 2022 9:11 am

Welcome to the Edingburgh (EDI) Aviation Thread 2022. Please continue your discussion and to post your news below.

Link to previous thread:

Edinburgh Aviation Thread - 2021
 
Breathe
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Re: Edinburgh (EDI) Aviation Thread - 2022

Fri Jan 21, 2022 2:36 pm

Virgin Atlantic's newly launched seasonal Barbados service is ending early, but will be back in December.

https://www.scotsman.com/news/transport ... ly-3536534

Originally, Virgin Atlantic’s Barbados schedule was intended to run through till April, however, they announced yesterday that it will stop early, in February.

They said: "Following careful review, we’ve taken the difficult decision to shorten the existing Edinburgh – Barbados schedule”

The last flight of their winter schedule will now depart to Barbados on February 16, while the last inbound flight to Edinburgh will leave on 22 February.

The change was made as a result of “subdued bookings”, which Virgin Atlantic blamed on “changing travel restrictions and arrival testing requirements set by the UK and Scottish governments”.

In a statement released to customers, the airline said: “We know our customers love travelling to Barbados, and sincerely apologise for any disappointment caused to those due to travel on services from mid-February up until 23 April 2022, which will unfortunately be cancelled”.

"If re-routing is a suitable option, customers can be rebooked on alternative Barbados services from Manchester or London Heathrow”.Virgin Atlantic also said they were “excited to confirm” that flights to and from Barbados will continue next winter, from 12 December 2022.
 
by738
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Re: Edinburgh (EDI) Aviation Thread - 2022

Fri Jan 21, 2022 4:14 pm

wonder who in planning thought that was a good timing launch ?
Will need a big advertising push for next Winter (if it does indeed show up again).
 
Breathe
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Re: Edinburgh (EDI) Aviation Thread - 2022

Thu Feb 10, 2022 4:03 pm

Flyr are going to be starting flights to Oslo. 2 x weekly from 8th April increasing to 3 x weekly from 15th June.

https://news.cision.com/no/flyr-as/r/fl ... r,c3502165
 
Breathe
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Re: Edinburgh (EDI) Aviation Thread - 2022

Thu Mar 10, 2022 3:33 pm

BA Cityflyer have announced summer seasonal flights to Jersey and Guernsey.

https://www.businesstraveller.com/busin ... mmer-2022/

Edinburgh-Guernsey (operates on Saturdays from June 18 to September 24, 2022)

BA2343 departs Edinburgh at 1045, arriving into Guernsey at 1215
BA2342 departs Guernsey at 1300, arriving into Edinburgh at 1430

Edinburgh-Jersey (operates on Saturday from June 18 to September 24, 2022)

BA2349 departs Edinburgh at 1545, arriving into Jersey at 1715
BA2348 departs Jersey at 1800, arriving into Edinburgh at 1930
 
xijiayu
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Re: Edinburgh (EDI) Aviation Thread - 2022

Thu Mar 24, 2022 9:40 pm

Air Canada Prepares To Resume Seasonal Toronto-Edinburgh Flights

https://simpleflying.com/air-canada-tor ... esumption/
 
Breathe
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Re: Edinburgh (EDI) Aviation Thread - 2022

Fri May 20, 2022 1:14 pm

Virgin Atlantic axes plans for Edinburgh-Barbados winter service

https://travelweekly.co.uk/news/air/vir ... er-service


Virgin Atlantic has dropped its plans to operate a winter 2022-23 service from Edinburgh to Bridgetown in Barbados.

A spokesperson for the airline said: “As we emerge from the pandemic, we’ve had to make careful decisions about our network, continually reviewing flying and holiday schedules.

“Unfortunately, we have had to take the difficult decision to suspend plans to operate Edinburgh-Barbados services this winter, with customers being contacted from this weekend to inform them of the cancellations and their options.

“We’re very sorry for disrupting customers’ plans, however, we know Barbados is a firm winter-sun favourite and we will continue to operate services from Heathrow and Manchester.”

Affected customers will automatically be booked on to a Manchester service, “with all reasonable transport costs to and from Manchester reimbursed”.

If this re-routing is not suitable, affected customers can choose a voucher or a full refund. Those who booked via a third party such as a travel agent are advised to contact them directly for their options.

The spokesperson added: “We’ll continue to evaluate new routes for our Edinburgh gateway and remain fully committed to serving our Scottish customers, in close cooperation with our partners at Edinburgh airport.

“For our customers who love travelling to Barbados, regular services will continue to the Caribbean island from Manchester and London Heathrow this winter.”

A winter service from Edinburgh to Barbados was announced on August 11, 2021, and operated from December 5, 2021, to February 22, 2022.

The services had been due to commence again on December 12, 2022.

Barbados services will operate five times a week this winter from Manchester and up to twice a day from Heathrow.

Virgin Atlantic started twice-weekly services from Edinburgh to Orlando in Florida on March 30.

Cheryl Carter, UK and Ireland director at Barbados Tourism Marketing Inc (BTMI), commented: “BTMI are aware of Virgin Atlantic’s decision and understand its position.”

The tourist board said in an update: “Virgin Atlantic continues to be an important partner to BTMI, the UK travel industry and for tourism to Barbados.

“Visitors to Barbados from Scotland and northern England have numerous options when flying to Bridgetown.

“Aer Lingus and Virgin Atlantic fly direct to Barbados from Manchester throughout the winter.

“Aer Lingus have just announced the renewal of their winter 2022-23 Manchester service after a successful inaugural year in 2021-22.

“British Airways connect seamlessly from multiple Scottish airports via London Heathrow to Barbados with up to three flights a day in peak season, including a Gatwick service in the winter.
 
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JannEejit
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Re: Edinburgh (EDI) Aviation Thread - 2022

Fri May 20, 2022 3:05 pm

Breathe wrote:
Virgin Atlantic axes plans for Edinburgh-Barbados winter service

https://travelweekly.co.uk/news/air/vir ... er-service


Virgin Atlantic has dropped its plans to operate a winter 2022-23 service from Edinburgh to Bridgetown in Barbados.

A spokesperson for the airline said: “As we emerge from the pandemic, we’ve had to make careful decisions about our network, continually reviewing flying and holiday schedules.

“Unfortunately, we have had to take the difficult decision to suspend plans to operate Edinburgh-Barbados services this winter, with customers being contacted from this weekend to inform them of the cancellations and their options.

“We’re very sorry for disrupting customers’ plans, however, we know Barbados is a firm winter-sun favourite and we will continue to operate services from Heathrow and Manchester.”

Affected customers will automatically be booked on to a Manchester service, “with all reasonable transport costs to and from Manchester reimbursed”.

If this re-routing is not suitable, affected customers can choose a voucher or a full refund. Those who booked via a third party such as a travel agent are advised to contact them directly for their options.

The spokesperson added: “We’ll continue to evaluate new routes for our Edinburgh gateway and remain fully committed to serving our Scottish customers, in close cooperation with our partners at Edinburgh airport.

“For our customers who love travelling to Barbados, regular services will continue to the Caribbean island from Manchester and London Heathrow this winter.”

A winter service from Edinburgh to Barbados was announced on August 11, 2021, and operated from December 5, 2021, to February 22, 2022.

The services had been due to commence again on December 12, 2022.

Barbados services will operate five times a week this winter from Manchester and up to twice a day from Heathrow.

Virgin Atlantic started twice-weekly services from Edinburgh to Orlando in Florida on March 30.

Cheryl Carter, UK and Ireland director at Barbados Tourism Marketing Inc (BTMI), commented: “BTMI are aware of Virgin Atlantic’s decision and understand its position.”

The tourist board said in an update: “Virgin Atlantic continues to be an important partner to BTMI, the UK travel industry and for tourism to Barbados.

“Visitors to Barbados from Scotland and northern England have numerous options when flying to Bridgetown.

“Aer Lingus and Virgin Atlantic fly direct to Barbados from Manchester throughout the winter.

“Aer Lingus have just announced the renewal of their winter 2022-23 Manchester service after a successful inaugural year in 2021-22.

“British Airways connect seamlessly from multiple Scottish airports via London Heathrow to Barbados with up to three flights a day in peak season, including a Gatwick service in the winter.


Sounds increasingly like they're heading to a MAN based consolidation for its Scottish customers. More opportunities for TUI I might suggest.
 
by738
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Re: Edinburgh (EDI) Aviation Thread - 2022

Fri May 20, 2022 3:19 pm

If VS couldn't make it work, I doubt TUI have a fix. They've never expanded their BGI winter cruise flights from Scotland (or their lacklustre Florida series ex EDI).
Increasingly MAN centric for now, which in turn will shift to increasingly LHR centric....
 
Breathe
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Re: Edinburgh (EDI) Aviation Thread - 2022

Thu Jun 02, 2022 2:09 pm

Air Canada launched their Toronto flight with a 787-8 yesterday.

https://twitter.com/EDI_Airport/status/ ... 7232912385
 
Breathe
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Re: Edinburgh (EDI) Aviation Thread - 2022

Fri Jun 03, 2022 3:27 pm

WestJet has launched it's first commercial flight to Edinburgh

https://www.heraldscotland.com/business ... -launched/

Canadian airline WestJet’s inaugural flight from Edinburgh has departed for Toronto, marking the start of a three times per week seasonal service which will run until October.

Flights will depart on Wednesdays, Fridays and Sundays on a Boeing 737 Max.

Edinburgh Airport declared the “non-stop service means famous attractions like the CN Tower, the Distillery District and Niagara Falls – albeit a wee bit further – are now just a flight away due to the direct connectivity”.

The airport added that the new service also strengthens Edinburgh’s connectivity to North America, “opening up other areas and destinations through hub connections”.


There's a video of the arrival here, complete with bagpipes:

https://twitter.com/EDI_Airport/status/ ... 06/video/1
 
Breathe
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Re: Edinburgh (EDI) Aviation Thread - 2022

Wed Jul 20, 2022 7:38 pm

Sounds like collecting checked baggage for some folk is a bit of a nightmare at EDI! Apparently Swissport, Menzies and WFS are having staffing issues, with so many staff being made redundant back in 2020, a lot of them have got other (better) jobs and don't want to go back to shift work for less money.

https://www.bbc.co.uk/news/uk-scotland- ... e-62227219

Edinburgh Airport passengers have waited for hours in the sweltering heat to collect their luggage.

This is the latest in a series of issues linked to baggage processing.

To deal with an ongoing backlog, international cargo handler Swissport opened a temporary outdoor facility on the day the UK saw its highest recorded temperatures.

Swissport apologised to passengers and said it hoped to reunite them with their luggage as soon as possible.

Edinburgh Airport said that passenger baggage is the responsibility of airlines and their handling agents.

Earlier this week airport officials suspended a lost and delayed luggage helpline to protect their staff from verbal abuse from frustrated callers.
 
Breathe
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Re: Edinburgh (EDI) Aviation Thread - 2022

Wed Aug 03, 2022 3:27 pm

It looks like Emirates may resume flights to EDI:

https://www.ttgmedia.com/news/emirates- ... ules-35611

Richard Jewsbury, Emirates UK divisional vice president, said 75% of Emirates’ UK services would be restored by October, with currently 110 weekly flights. Compared with pre-pandemic, the carrier is still without its Edinburgh flight and is missing frequencies at Stansted, Gatwick, Manchester and Glasgow.

Services to the Scottish capital are likely to be restored, he indicated. “Edinburgh was a very strong route for us, particularly inbound in summer,” he said.
 
by738
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Re: Edinburgh (EDI) Aviation Thread - 2022

Wed Aug 03, 2022 3:51 pm

Would be great to know the economics and dynamics behind the various routes. If I recall EDI was first of UK to be culled at onset of Covid and seems to be last being considered for suggestion of potential return? What were the monthly loads like compared to the other regional routes etc. Fascinating.
Maybe missing a trick with World Cup period as travel to all connection ports in ME will no doubt increase. I imagine QR will be ramping up their EDI service in preparation for Nov.
 
sk736
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Re: Edinburgh (EDI) Aviation Thread - 2022

Wed Aug 03, 2022 4:07 pm

Breathe wrote:
Flyr are going to be starting flights to Oslo. 2 x weekly from 8th April increasing to 3 x weekly from 15th June.

https://news.cision.com/no/flyr-as/r/fl ... r,c3502165

A very short-lived route that’s ending on 8th August.
 
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JannEejit
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Re: Edinburgh (EDI) Aviation Thread - 2022

Wed Aug 03, 2022 4:46 pm

by738 wrote:
Would be great to know the economics and dynamics behind the various routes. If I recall EDI was first of UK to be culled at onset of Covid and seems to be last being considered for suggestion of potential return? What were the monthly loads like compared to the other regional routes etc. Fascinating.
Maybe missing a trick with World Cup period as travel to all connection ports in ME will no doubt increase. I imagine QR will be ramping up their EDI service in preparation for Nov.


Without Scotland playing in the World Cup, I'm not sure there'll be any need to ramp up Doha services ? And IIRC the previous attempt at EDI by Emirates wasn't regarded as being particularly high yielding. Although there were more middle Eastern players at the time, all competing for a slice of the same pie
 
8herveg
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Re: Edinburgh (EDI) Aviation Thread - 2022

Wed Aug 03, 2022 5:37 pm

Would EDI have more success with EK if they were just 1 x daily at GLA (which it probably is at the moment but I mean in general).
 
diamondchap
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Re: Edinburgh (EDI) Aviation Thread - 2022

Wed Aug 03, 2022 5:54 pm

JannEejit wrote:

Without Scotland playing in the World Cup, I'm not sure there'll be any need to ramp up Doha services ? And IIRC the previous attempt at EDI by Emirates wasn't regarded as being particularly high yielding. Although there were more middle Eastern players at the time, all competing for a slice of the same pie


Who didn't regard it as being particularly high-yielding? The guy from EK was quoted today as saying it was a very strong route for them. And if they return, they'll be returning to the same number of middle Eastern players at EDI as when they left: QR and TK.
 
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JannEejit
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Re: Edinburgh (EDI) Aviation Thread - 2022

Wed Aug 03, 2022 7:25 pm

diamondchap wrote:
JannEejit wrote:

Without Scotland playing in the World Cup, I'm not sure there'll be any need to ramp up Doha services ? And IIRC the previous attempt at EDI by Emirates wasn't regarded as being particularly high yielding. Although there were more middle Eastern players at the time, all competing for a slice of the same pie


Who didn't regard it as being particularly high-yielding? The guy from EK was quoted today as saying it was a very strong route for them. And if they return, they'll be returning to the same number of middle Eastern players at EDI as when they left: QR and TK.


Emirates said so themselves and cited competition from not only Qatar and Etihad ( I don't consider Turkish a middle Eastern player) but also their own Glasgow and Newcastle operations. I saw that current comment too and thought it was odd given the fact they pulled EDI before. It would be strange to pull a "strong performing route" would it not ? This does of course date back to a time GLA was still double daily with occasional A380 employed too, so perhaps a single daily for each airport will become the norm ?
 
diamondchap
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Re: Edinburgh (EDI) Aviation Thread - 2022

Wed Aug 03, 2022 8:12 pm

JannEejit wrote:

Emirates said so themselves and cited competition from not only Qatar and Etihad ( I don't consider Turkish a middle Eastern player) but also their own Glasgow and Newcastle operations. I saw that current comment too and thought it was odd given the fact they pulled EDI before. It would be strange to pull a "strong performing route" would it not ? This does of course date back to a time GLA was still double daily with occasional A380 employed too, so perhaps a single daily for each airport will become the norm ?


Can you post a link to where they said that please? I'd be surprised if they said what you're saying they said, especially as Etihad left a few months before Emirates started.

The route was "pulled" because of COVID obviously and wasn't alone - STN has only just restarted and as EDI was the last route they started in the UK pre-COVID t's obvious that that's going to be the last to restart. The guy from EK knows much more about its performance than most (all?) commentators on here so if they're happy to restart it then that speaks volumes.
 
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JannEejit
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Re: Edinburgh (EDI) Aviation Thread - 2022

Wed Aug 03, 2022 9:40 pm

diamondchap wrote:
JannEejit wrote:

Emirates said so themselves and cited competition from not only Qatar and Etihad ( I don't consider Turkish a middle Eastern player) but also their own Glasgow and Newcastle operations. I saw that current comment too and thought it was odd given the fact they pulled EDI before. It would be strange to pull a "strong performing route" would it not ? This does of course date back to a time GLA was still double daily with occasional A380 employed too, so perhaps a single daily for each airport will become the norm ?


Can you post a link to where they said that please? I'd be surprised if they said what you're saying they said, especially as Etihad left a few months before Emirates started.

The route was "pulled" because of COVID obviously and wasn't alone - STN has only just restarted and as EDI was the last route they started in the UK pre-COVID t's obvious that that's going to be the last to restart. The guy from EK knows much more about its performance than most (all?) commentators on here so if they're happy to restart it then that speaks volumes.


It was told to me anecdotally by a ground agent working for Dnata at Glasgow at the time. He said they weren't getting the returns they wanted at EDI. And whilst "Covid" may have been the catalyst, he was suggesting that was only a part of the decision. But then again Flybe closed down, "blaming Covid" too, didn't they.

Whether or not any of that is accurate I couldn't possibly comment but I'd still question why a so called "well performing route"to the capital city was pulled at a time when just about every other international carrier serving Scotland was consolidating there ?

Nevertheless it will be good to see it return.
 
skipness1E
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Re: Edinburgh (EDI) Aviation Thread - 2022

Wed Aug 03, 2022 10:28 pm

Why did Qatar succeed where Etihad, having been established, failed? Was it just more connections available?

Wouldn't part of the Edinburgh issue being Emirates offering a better premium experience out of their own lounge at GLA? Hence Emirates were competing with themselves?
 
rugray
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Re: Edinburgh (EDI) Aviation Thread - 2022

Thu Aug 04, 2022 12:14 am

JannEejit wrote:
diamondchap wrote:
JannEejit wrote:

Without Scotland playing in the World Cup, I'm not sure there'll be any need to ramp up Doha services ? And IIRC the previous attempt at EDI by Emirates wasn't regarded as being particularly high yielding. Although there were more middle Eastern players at the time, all competing for a slice of the same pie


Who didn't regard it as being particularly high-yielding? The guy from EK was quoted today as saying it was a very strong route for them. And if they return, they'll be returning to the same number of middle Eastern players at EDI as when they left: QR and TK.


Emirates said so themselves and cited competition from not only Qatar and Etihad ( I don't consider Turkish a middle Eastern player) but also their own Glasgow and Newcastle operations. I saw that current comment too and thought it was odd given the fact they pulled EDI before. It would be strange to pull a "strong performing route" would it not ? This does of course date back to a time GLA was still double daily with occasional A380 employed too, so perhaps a single daily for each airport will become the norm ?


Not correct. Emirates and Etihad never completed as Emirates started DXB - EDI the day after Etihad withdrew from AUH - EDI.
 
diamondchap
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Re: Edinburgh (EDI) Aviation Thread - 2022

Thu Aug 04, 2022 5:41 am

skipness1E wrote:
Why did Qatar succeed where Etihad, having been established, failed? Was it just more connections available?

Wouldn't part of the Edinburgh issue being Emirates offering a better premium experience out of their own lounge at GLA? Hence Emirates were competing with themselves?


I suspect part of the reason is a large number of high-status OW card holders, who achieve that status shuttling to and from LHR at their employer's expense and are happy to route via DOH to keep earning status. I suspect that's why AY did quite well too (prior to Covid and the closure of Russian airspace).

@janneejit: there's quite a difference between "Emirates said so themselves" (implying an EK spokesperson made an attributable statement) and 'It was told to me anecdotally by a ground agent working for Dnata at Glasgow at the time". I think I'll attach more weight to the EK guy's comments on the record yesterday than ground agent chat thanks. (Leaving aside of course the fact that Swissport handle them at GLA!)
 
Breathe
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Re: Edinburgh (EDI) Aviation Thread - 2022

Fri Sep 23, 2022 4:48 pm

Delta are restarting flights to Atlanta (ended in 2007) next year using a 767-300ER.

https://news.delta.com/delta-leans-summ ... stinations

Five-times-weekly seasonal service to Edinburgh beginning on May 25 (a route not operated since 2007).


Boston is also going daily next year and JFK is going to have additional flights.

https://corporate.edinburghairport.com/ ... -summer-23

Delta has also confirmed it will expand its seasonal Edinburgh to Boston route to a daily service, operating from May 8 to October 28. This is an increase on the current five times a week service.

Delta will also grow frequency of its New York JFK service.
 
gravytrain
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Re: Edinburgh (EDI) Aviation Thread - 2022

Fri Sep 23, 2022 8:50 pm

EDI so far ahead of GLA now. Should keep pushing and take whats left of it - FI and EK.

Gordon Dewar has done a tremendous job.
 
mrkerr7474
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Re: Edinburgh (EDI) Aviation Thread - 2022

Sat Sep 24, 2022 12:47 am

Great news for EDI, they are doing an incredible job there.

If only they could somehow work getting an Asian carrier directly next, that would be awesome!
 
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tlecam
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Re: Edinburgh (EDI) Aviation Thread - 2022

Sat Sep 24, 2022 12:42 pm

JannEejit wrote:
diamondchap wrote:
JannEejit wrote:

Emirates said so themselves and cited competition from not only Qatar and Etihad ( I don't consider Turkish a middle Eastern player) but also their own Glasgow and Newcastle operations. I saw that current comment too and thought it was odd given the fact they pulled EDI before. It would be strange to pull a "strong performing route" would it not ? This does of course date back to a time GLA was still double daily with occasional A380 employed too, so perhaps a single daily for each airport will become the norm ?


Can you post a link to where they said that please? I'd be surprised if they said what you're saying they said, especially as Etihad left a few months before Emirates started.

The route was "pulled" because of COVID obviously and wasn't alone - STN has only just restarted and as EDI was the last route they started in the UK pre-COVID t's obvious that that's going to be the last to restart. The guy from EK knows much more about its performance than most (all?) commentators on here so if they're happy to restart it then that speaks volumes.


It was told to me anecdotally by a ground agent working for Dnata at Glasgow at the time. He said they weren't getting the returns they wanted at EDI. And whilst "Covid" may have been the catalyst, he was suggesting that was only a part of the decision. But then again Flybe closed down, "blaming Covid" too, didn't they.

Whether or not any of that is accurate I couldn't possibly comment but I'd still question why a so called "well performing route"to the capital city was pulled at a time when just about every other international carrier serving Scotland was consolidating there ?

Nevertheless it will be good to see it return.


Do you think a ground agent working for Dnata is a reliable source of this type of information?
 
by738
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Re: Edinburgh (EDI) Aviation Thread - 2022

Sat Sep 24, 2022 5:06 pm

tlecam wrote:
Do you think a ground agent working for Dnata is a reliable source of this type of information?

Its been good enough before #WestJet
 
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JannEejit
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Re: Edinburgh (EDI) Aviation Thread - 2022

Sat Sep 24, 2022 6:16 pm

tlecam wrote:
JannEejit wrote:
diamondchap wrote:

Can you post a link to where they said that please? I'd be surprised if they said what you're saying they said, especially as Etihad left a few months before Emirates started.

The route was "pulled" because of COVID obviously and wasn't alone - STN has only just restarted and as EDI was the last route they started in the UK pre-COVID t's obvious that that's going to be the last to restart. The guy from EK knows much more about its performance than most (all?) commentators on here so if they're happy to restart it then that speaks volumes.


It was told to me anecdotally by a ground agent working for Dnata at Glasgow at the time. He said they weren't getting the returns they wanted at EDI. And whilst "Covid" may have been the catalyst, he was suggesting that was only a part of the decision. But then again Flybe closed down, "blaming Covid" too, didn't they.

Whether or not any of that is accurate I couldn't possibly comment but I'd still question why a so called "well performing route"to the capital city was pulled at a time when just about every other international carrier serving Scotland was consolidating there ?

Nevertheless it will be good to see it return.


Do you think a ground agent working for Dnata is a reliable source of this type of information?


Do you think they wouldn't be ? I've heard all kinds of snippets of information from aviation insiders that have been 100% accurate over many years. Another question might be, do you think airline PR people always tell the truth ? Ultimately it's about who you believe, I would suppose.
 
Breathe
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Re: Edinburgh (EDI) Aviation Thread - 2022

Mon Oct 03, 2022 5:04 pm

Ryanair restarting Stansted.

https://www.scotsman.com/news/transport ... rs-3862768

The budget airline announced on Friday it would relaunch its route to Stansted, London’s third busiest airport, on October 30 with 14 flights a week.

It was previously a highly significant route for Edinburgh, with its axing in 2019 triggering the airport’s first non-weather fall in monthly passengers for five years.

The cancellation is understood to have been caused by problems surrounding a new fleet of Boeing 737 MAX 8-200 aircraft following two fatal crashes involving other airlines.
 
AstanaMagic
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Re: Edinburgh (EDI) Aviation Thread - 2022

Mon Oct 03, 2022 5:14 pm

[quote="Breathe"]Ryanair restarting Stansted.

https://www.scotsman.com/news/transport ... rs-3862768

[quote]

Maybe it’s not going to be a long lasting reinstatement?

https://www.ch-aviation.com/portal/news ... ic-malaise
 
8herveg
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Re: Edinburgh (EDI) Aviation Thread - 2022

Mon Oct 10, 2022 9:14 am

Out of interest, how comes there is so much demand on UA's EDI - IAD flight that has a B764 on the route? Seems quite a big aircraft, whereas EWR and ORD are on the smaller B757. You'd think EWR would have the larger aircraft, no?

Also, if DL are adding additional flights on its EDI-JFK route (don't think they've stated how many?), do you think VS could operate the route instead one day? Perhaps a daily A330?
 
Breathe
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Re: Edinburgh (EDI) Aviation Thread - 2022

Fri Oct 14, 2022 2:18 pm

8herveg wrote:
Out of interest, how comes there is so much demand on UA's EDI - IAD flight that has a B764 on the route? Seems quite a big aircraft, whereas EWR and ORD are on the smaller B757. You'd think EWR would have the larger aircraft, no?

Also, if DL are adding additional flights on its EDI-JFK route (don't think they've stated how many?), do you think VS could operate the route instead one day? Perhaps a daily A330?

Just a guess, but perhaps they take more connecting traffic via IAD during the busy summer period than at JFK which I think tends to have a lot more point to point passengers rather than connecting ones.

I can't see what benefit Virgin would have operating that route, cannibalising traffic with their 49% shareholder and against their transatlantic competitors.
 
Breathe
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Re: Edinburgh (EDI) Aviation Thread - 2022

Fri Oct 14, 2022 2:29 pm

Rumours that GIP might sell the airport for up to £3 billion. Not a bad return if they get that considering they paid £807 million for it 10 years ago in 2012.

https://www.bloomberg.com/news/articles ... gh-airport

Global Infrastructure Partners is considering a potential sale of Edinburgh Airport in Scotland, as global air travel picks up again after the pandemic, people familiar with the matter said.

The New York-based investor is speaking with potential advisers about the feasibility of a sale next year and has informally reached out to some suitors, the people said, asking not to be identified as the information is private.

Edinburgh Airport could be valued at as much as £3 billion ($3.4 billion) in a deal, according to the people. A sale is likely to draw other infrastructure funds and financial investors keen to expand in the sector, they said.

Deliberations are ongoing and GIP could also decide against a sale, the people said. Representatives for GIP and Edinburgh Airport declined to comment.

Edinburgh Airport is Britain’s sixth-busiest with flights to more than 150 destinations. It attracted around 15 million passengers in 2019, according to its website. Those numbers cratered during the coronavirus crisis but have been recovering as travel restrictions ease around the world.

To be sure, an ongoing cost-of-living crisis and Russia’s war in Ukraine are threatening to keep UK passenger numbers below historical averages this winter.

GIP acquired Edinburgh Airport in 2012 from BAA Ltd. for about £807 million. The infrastructure fund sold a controlling stake in London’s Gatwick Airport for £2.9 billion pounds to Vinci SA in 2018.
 
by738
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Re: Edinburgh (EDI) Aviation Thread - 2022

Fri Oct 14, 2022 9:14 pm

Oh wow, that seems an ambitious sale price in this climate, even if numbers improving. I would presume that the biggest based airlines in their low cost guises, don’t deliver massive direct airport revenues. Hard to know how much is the company or the airports excellent MD that has transformed EDI. I would imagine he would move on during or shortly after any change of hands even if he has done a good job, as they usually do in this scenario. A new owner (and potentially a new manager) and in tricky times is a surprising move right now. If its all ‘on the up’, why not hang on to it a bit longer?
 
diamondchap
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Re: Edinburgh (EDI) Aviation Thread - 2022

Sat Oct 15, 2022 6:49 am

by738 wrote:
Hard to know how much is the company or the airports excellent MD that has transformed EDI. I would imagine he would move on during or shortly after any change of hands even if he has done a good job, as they usually do in this scenario.


Stewart Wingate remains CEO at LGW even after GIP sold their controlling stake to Vinci. Not certain therefore that GD would move on even if GIP sell.
 
Breathe
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Re: Edinburgh (EDI) Aviation Thread - 2022

Mon Oct 24, 2022 8:52 pm

CAPA article about the rumour of the sale of the airport and speculation as to who might purchase it.

https://centreforaviation.com/analysis/ ... rth-626216

In a period when merger and acquisition activity in the airport sector still lags well behind what it was before the COVID-19 pandemic, the suggestion that Edinburgh Airport could be sold will inevitably invoke much chatter on the Twittersphere.

Such a sale has been mooted on several occasions in recent years, but now may not be the best time to do it, with the war in Ukraine showing no signs of ending and a highly uncertain economic situation.

But then, if an investor sees opportunities in other markets and perceives only a continuing deterioration in the UK, then it could be argued that there is no time like the present.

Edinburgh Airport has been part of the airport sale rumour mill several times before

Reports indicate that the investment fund Global Infrastructure Partners (GIP) is considering the potential sale of Edinburgh Airport in 2023, and that it has informally contacted potential investors.

GIP acquired Edinburgh Airport from BAA in Apr-2012 for GBP807 million, which was 16 times its 2011 earnings.

It is not the first time this rumour has done the rounds over the years, but GIP has always denied any intention to sell Edinburgh. The last time was in 2019, with Brexit about to be finalised.

GIP has been selling in the UK but investing elsewhere

But GIP has been selling or reducing its stake in airports.

In 2019 VINCI Airports acquired a majority 50.01% stake in London Gatwick Airport for GBP2.9 billion in a deal involving a group of investors, including sovereign wealth funds in Australia and the United Arab Emirates. That meant that GIP continues its interest in that airport but with 49.99% of the equity, and VINCI was effectively running the show and determining strategy.

GIP had acquired Gatwick from BAA in 2008 for approximately GBP1.46 billion, before divesting some of the equity to other investors.

In 2016 GIP sold London City Airport to a Canadian consortium for approximately GBP2 billion – nearly three times what it had paid for the facility a decade previously, and at a record-breaking earnings multiple.

Once considered a ‘Major Global Investor’ in the CAPA Global Airport Investors Database, GIP lost that cache after these sales. On the other hand, it has been involved in other transactions to increase its portfolio.

For example, it is part of the Industry Funds Management-led Sydney Aviation Alliance consortium that acquired Sydney Airport. It is also one of the nine shortlisted investment parties for a 30% stake in Athens International Airport – a deal that has been delayed by the pandemic and might not now go through, as the Greek government assesses other methods of disposing of that stake.

In 2019 GIP was one of 18 respondees (and a sole one, not within a consortium) to a request for qualifications (RFQ) for potential private operators of St Louis Lambert International Airport in the USA.

Other transactions with which it has been linked include the reported intention to acquire a majority stake in Malaysia Airports Holding Berhad (2019), which was denied by MAHB. Also a non-binding bid to purchase a minority shareholding in Mumbai International Airport Ltd (MIAL), the operator of Mumbai Chhatrapati Shivaji Maharaj International Airport, from GVK Airports (2018).

Also in India, GIP expressed interest in bidding on Airports Authority of India's tender to operate six airports under the terms of 50-year concession contracts (2019).

It became an investor in Paine Field Passenger Terminal at Everett Paine Field Airport (Washington State, USA) in 2019. GIP is managing the investment on behalf of the Washington State Investment Board. The airport is operated by Propeller Airports.

Then, in Jan-2021 GIP’s Fund IV reached an agreement to acquire the airport FBO operator (Fixed Base Operator) Signature Aviation plc for USD4.6 billion.

Shifting its priorities away from the UK makes sense...

So, it is perhaps the case that GIP is merely shifting its priorities away from the UK.

There were good reasons to suspect that Gatwick Airport could not reach its full potential once it had lost its battle with Heathrow for a new runway in southeast England, and that London City’s ambitions were limited both by political opposition (its latest master plan is not actually built on any further expansion) and by much easier access to Heathrow from London City’s catchment area – courtesy of the recently inaugurated Elizabeth Line.

...but Edinburgh has consistently performed well

So what has Edinburgh done wrong to prompt the possibility of a GIP exit?

Not much really.

There was steady passenger traffic growth consistently over the course of the past decade, with only one year (2012) negative until the first pandemic year of 2020.

That included 2019, when at many airports in the UK traffic was stable at best, compared to the previous year.

Edinburgh Airport: annual traffic, passenger numbers/growth, 2012-2022 YTD

Image

Source: CAPA - Centre for Aviation and UK Civil Aviation Authority.

Passenger numbers recovery outstrips that of Heathrow and Glasgow airports

The 825% growth figure in the period Jan-2022 to Jul-2022 is more than twice the appreciation at London Heathrow (Jan-Sep) and 225 percentage points higher than that of Glasgow International, which Edinburgh has replaced as the primary gateway in Scotland.

In 2019 their respective passenger tallies were 14.7 million Edinburgh – making it the sixth busiest in the UK – and 9.6 million at Glasgow. (Glasgow Prestwick added another 700,000; Edinburgh does not have a second airport).

Trans Atlantic services rival those of Gatwick and Manchester

Moreover, Edinburgh has been adding trans Atlantic services (US and Canada) at a high rate, mainly to satisfy inbound demand to what is the UK’s joint second-most visited city after London.

There are currently five North American airports served: four in the US and one in Canada.

The Canadian city, Toronto, was added to the WestJet network with thrice weekly service in Jun-2022, in addition to the incumbent Air Canada.

Edinburgh Airport: network map for the week commencing 17-Sep-2022

Image

Source: CAPA - Centre for Aviation and OAG

Seasonal services not showing on the map above are Chicago – by United Airlines until the end of Oct-2022 – and one by Delta Air Lines to Boston, both of which are expected to return in 2023, the latter as a daily service.

That makes at least seven trans Atlantic cities served, which puts Edinburgh at, or close to, par with London Gatwick and Manchester airports.

Domestically, Ryanair recently announced plans to launch twice daily Edinburgh-London Stansted service from 30-Oct-2022, supplementing the existing easyJet operation.

Capacity has not fully returned, but Edinburgh is in advance of the UK generally

With respect to the recovery from the impact of the COVID-19 pandemic and in keeping with the UK as a whole, Edinburgh has yet to regain the same level of seat capacity as it did in 2019.

The airport is, however, slightly in advance of the UK picture generally, and parity with 2019 could be achieved at the end of Oct-2022.

Edinburgh Airport: weekly total system seat capacity, 2019-2022

Image

Source: CAPA - Centre for Aviation and OAG

Approximately 27% of the capacity at Edinburgh is on international services and more than 72% of it is on low cost flights, which is 18 ppts higher than the average for the UK.

On the other hand – at only 21%, the number of seats on aligned airlines is 10 ppts lower than the UK average.

Ryanair is the leading airline presence, with almost 30% of capacity, followed by easyJet (27.5%) and Jet2.com (9%), with British Airways on 8.8% – mainly on account of high frequency services connecting Edinburgh to London Heathrow.

Edinburgh Airport: system seats, all business models/airlines, week commencing 17-Oct-2022

Image

Source: CAPA - Centre for Aviation and OAG

Long haul airlines put their faith in Edinburgh

There is a reasonable balance in the capacity at Edinburgh. It might be argued that it could do with more full service and aligned airline routes – which are often the same anyway – but long haul airlines do appear to be putting their faith in the airport increasingly.

Whether or not that will be influenced by any decision by the Scottish National Party to seek a second referendum on independence remains to be seen.

With the completion of the east terminus and an associated passenger bridge construction, work is finalised for the time being. The airport is connected to the city centre by a tram service running every seven minutes for most of the day. A rail link was considered but rejected in 2007.

Who might buy it and what would it be worth?

In the past investors and operators such as Brookfield (Canada), Macquarie (Australia), APG (Netherlands) and CKI (China) have been touted as potential buyers, though there is no evidence to support the theory in any individual case.

But there will always be institutional investors who are keen to enter the sector, despite all its trials and tribulations. And especially so from the US right now, with the dollar strong and particularly strong against the GB pound.

It is more appropriate, though, to look to who is engaging in M&A activity in the sector at this stage – for there are few.

VINCI is the most active, with acquisitions in Africa and Latin America recently, but VINCI’s control over London Gatwick could lead to competition issues, even if it would merely be replicating what GIP did before it.

Ferrovial, which is rumoured to be considering selling some or all of its majority holding in London Heathrow Airport, is another contender as it is frequently active in the market.

But then, Ferrovial is a 50% owner of Aberdeen and Glasgow International airports (along, incidentally, with Macquarie) via the vehicle AGS Airports (the third airport is Southampton, which features in another CAPA report to be soon published).

So again, there might be competition issues.

IMF, through its subsidiary Airports Group Europe (AGE), is another contender. AGE recently raised its stake in Vienna Airport but only marginally, by 1.78%, not by the 9.9% it had hoped for.

Again, IMF already has roots in the UK, and in a big way, as a 35% shareholder in Manchester Airports Group, which controls Manchester, London Stansted and East Midlands airports.

There were several local Scottish bidders when Edinburgh was sold in 2012, including the Edinburgh-based merchant bank Noble Grossart (with Carlyle Group), but none of them is expected to make a return this time. There is nothing to stop Carlyle Group, which today, as CAG, has a dedicated airports arm.

Scottish investors who were active in the sector at the time, such as the bus operator Stagecoach Group, are unlikely to play a part at all. They have had their day.

It is more likely a sovereign wealth fund that would invest in the airport serving Scotland’s capital city today – a historic one, with much tourist appeal, and a major financial centre.

In a complicated set of manoeuvrings private equity house 3i drew up a bid in 2012, with M&G Infracapital and the Universities Superannuation Scheme, which is a part owner of Heathrow Airport, and then withdrew it. They will probably not return, but JP Morgan Asset Management, another contender then, possibly could.

Canadian institutional investors, including the pension funds, did not make a play last time, preferring to zero in on London Stansted Airport, but they should never be discounted, and they were heavily involved in the sale of London City Airport.

Outsiders include Fraport, which has coveted UK airports in the past but has never been encouraged by them; Groupe ADP; and possibly Manchester Airports Group (which would then involve IFM/AGE).

Peel Holdings’ exit from Doncaster-Sheffield Airport (which is still not finalised) could tempt it to look elsewhere, but Peel typically manages smaller airports wedded to mainly low cost activity.

Difficult to pin down a valuation

As for its value, average earnings (EBITDA) multiples were around 19x before the pandemic, with some outliers such as London City and some of the Brazilian transactions much higher.

Edinburgh’s EBITDA in 2019 was GBP139.2 million. Employing the 19x calculation, that would value it at GBP2.6 billion. If a calculation was based on FY2020 (EBITDA GBP12.8 million) it would be just GBP243 million.

There have been some wild estimates valuing it at well over GBP3 billion – but based on what, exactly?

While traffic is recovering, the Ukraine war drags on with no end in sight and the UK (and much of the western world with it) braces for a winter determined by a cost of living crisis that could last long into 2023.

Like it or not, such factors do influence transport infrastructure prices.

The last time an Edinburgh Airport sale rumour was circulating, in Apr-2019 before COVID-19 arrived, the price was thought to be around GBP2 billion, which seems a lot closer to the mark today.
 
Breathe
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Re: Edinburgh (EDI) Aviation Thread - 2022

Fri Nov 11, 2022 1:26 pm

A video interview with CEO Gordon Dewer on Routes Online.

Was that a less than sly dig when he talked about airlines consolidating their routes at Edinburgh instead of at others. :? :lol:

https://www.routesonline.com/news/29/br ... don-dewar/
 
digitalcloud
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Re: Edinburgh (EDI) Aviation Thread - 2022

Fri Nov 11, 2022 4:18 pm

8herveg wrote:
Out of interest, how comes there is so much demand on UA's EDI - IAD flight that has a B764 on the route? Seems quite a big aircraft, whereas EWR and ORD are on the smaller B757. You'd think EWR would have the larger aircraft, no?


The resumption of ORD-EDI was postponed so capacity was added from IAD.
 
hibtastic
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Re: Edinburgh (EDI) Aviation Thread - 2022

Sat Nov 12, 2022 2:14 pm

2023 slot applications at EDI show Westjet to Calgary and Icelandair to Keflavik as new routes for the airport. EK is also shown there for 2023.
 
Swed3120
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Re: Edinburgh (EDI) Aviation Thread - 2022

Sat Nov 12, 2022 2:43 pm

hibtastic wrote:
2023 slot applications at EDI show Westjet to Calgary and Icelandair to Keflavik as new routes for the airport. EK is also shown there for 2023.


So essentially every route Glasgow has left. I can conceive EK serving both but feel like Ice And Westjet are simply switching flights over.

As an aside, is YYC-EDI doable with a 737max8 or would one need a 789
 
nickya340
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Re: Edinburgh (EDI) Aviation Thread - 2022

Sat Nov 12, 2022 3:08 pm

Swed3120 wrote:
hibtastic wrote:
2023 slot applications at EDI show Westjet to Calgary and Icelandair to Keflavik as new routes for the airport. EK is also shown there for 2023.


So essentially every route Glasgow has left. I can conceive EK serving both but feel like Ice And Westjet are simply switching flights over.

As an aside, is YYC-EDI doable with a 737max8 or would one need a 789


Would definitely require a 789, I saw someone mention on the Westjet thread that even EDI/DUB-YYZ flights had seats blocked out on west bound flights
 
8herveg
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Re: Edinburgh (EDI) Aviation Thread - 2022

Sat Nov 12, 2022 3:55 pm

What happened to WestJet’s Halifax - Glasgow route? I thought they operated that in 2022? Would/could that operate to/from EDI instead?
 
aviator2000
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Re: Edinburgh (EDI) Aviation Thread - 2022

Sat Nov 12, 2022 4:18 pm

8herveg wrote:
What happened to WestJet’s Halifax - Glasgow route? I thought they operated that in 2022? Would/could that operate to/from EDI instead?


Westjet has removed all flights from eastern Canada and will be flying solely from transatlantic flights from western Canada [Calgary]
 
8herveg
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Re: Edinburgh (EDI) Aviation Thread - 2022

Sat Nov 12, 2022 4:57 pm

Oh interesting! Does that include Vancouver? What about Toronto? That’s eastern Canada, no?
 
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IceCream
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Re: Edinburgh (EDI) Aviation Thread - 2022

Sat Nov 12, 2022 5:50 pm

8herveg wrote:
Oh interesting! Does that include Vancouver? What about Toronto? That’s eastern Canada, no?

Westjet made an announcement that they'll only be flying long-haul flights from Calgary going forward (which is why they applied for and got slots for YYC-DXB and YYC-EDI) but there's a chance they keep YVR-LGW. That would be the only non-Calgary long-haul route.

It would be great to see EDI potentially get this 789 service next summer.
 
rutankrd
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Re: Edinburgh (EDI) Aviation Thread - 2022

Sat Nov 12, 2022 5:51 pm

8herveg wrote:
Oh interesting! Does that include Vancouver? What about Toronto? That’s eastern Canada, no?


The policy is to centralise their operations at home base and hub over Calgary with the entire787 fleet from what I understand .

Some limited operations from Toronto are expected to remain presumably utilising some of the Max fleet

Vancouver would be served as a feeder from Calgary .

How that pans out on the long haul routes has yet to be determined imho.

https://www.routesonline.com/news/29/br ... t-calgary/
 
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janders
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Re: Edinburgh (EDI) Aviation Thread - 2022

Sat Dec 31, 2022 9:04 pm

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