Flying-Tiger
Topic Author
Posts: 3992
Joined: Mon Aug 23, 1999 5:35 am

Vueling Cancels/defers A320 Orders

Thu Oct 18, 2007 8:47 am

Quote:
Spanish airline Vueling (VULG.MC: Quote, Profile , Research) said on Thursday it has cancelled an order for 3 new Airbus (EAD.PA: Quote, Profile , Research) A320 aircraft and postponed delivery of six others to 2009 from 2008 after reporting a 73 percent fall in third quarter net profit.

http://investing.reuters.co.uk/news/...RIDST_0_VUELING-RESULTS-ORDERS.XML

Some three open, early slots for the market  Wink
Flown: A319/320/321,A332/3,A343/346, A380,AT4,AT7,B732/3/4/5/7/8/9,B742/4,B762/763,B772/77W,CR2/7/9/K,ER3/4,E70/75/90/95, F50/70/100,M11,L15,SF3,S20, AR8/1, 142/143,...
 
dme
Posts: 92
Joined: Wed Mar 17, 2004 11:10 pm

RE: Vueling Cancels/defers A320 Orders

Thu Oct 18, 2007 9:56 am

Would it be 'the final countdown' ?.

Regards,
Dme.

Pd. With Easyjet, Ryanair, Air Berlin and Clickair, apart from others, doing domestic and european flights the future for Vueling is very dark. Perhaps a fusion with Clickair would be the best for both.
 
DALCE
Posts: 1938
Joined: Thu Feb 01, 2007 7:45 pm

RE: Vueling Cancels/defers A320 Orders

Thu Oct 18, 2007 11:16 am

This could very well be the beginning of the end of Vueling.
There are already so many LCC's in Europe, I do expect some to leave the theatre.
Based on feeling, Vueling could be one of the first to go.
Does anybody have information about loadfactors? Because when the loadfactor is good, and still no money is being made, then this airline is doomed.

Just my € 0.02 / $ 0.02
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.
 
columba
Posts: 5232
Joined: Fri Dec 10, 2004 10:12 pm

RE: Vueling Cancels/defers A320 Orders

Thu Oct 18, 2007 11:28 am

Quoting Dme (Reply 1):
Would it be 'the final countdown' ?.

Regards,
Dme.

Pd. With Easyjet, Ryanair, Air Berlin and Clickair, apart from others, doing domestic and european flights the future for Vueling is very dark. Perhaps a fusion with Clickair would be the best for both.

I think so, too. Easyjet, Ryanair and Air Berlin pretty much dominate the market. I only worry if AB is expanding too fast but in order to grow they have to. Ryanair and Air Berlin will be the first to offer long haul flights, Easyjet seems pretty much focused on flying only one type of aircraft and only within Europe.
It will forever be a McDonnell Douglas MD 80 , Boeing MD 80 sounds so wrong
 
n1786b
Posts: 385
Joined: Tue Sep 27, 2005 6:10 am

RE: Vueling Cancels/defers A320 Orders

Thu Oct 18, 2007 11:57 am

they announced that they are putting themselves up for sale.

From the AFP wire report:

"Spain's struggling low-cost airline Vueling is open to talks on a takeover or merger, its US chairwoman Barbara Cassani told a Spanish newspaper published Thursday."
 
bullpitt
Posts: 757
Joined: Sat Mar 06, 2004 7:09 am

RE: Vueling Cancels/defers A320 Orders

Thu Oct 18, 2007 12:02 pm

Hi all

Quoting Dme (Reply 1):
With Easyjet, Ryanair, Air Berlin and Clickair, apart from others, doing domestic and european flights the future for Vueling is very dark. Perhaps a fusion with Clickair would be the best for both.

In my opinion Click air should stay as far away from them as possible. Click Air was born to compete with LCC not to save them. If Vueling goes under is One down several more to go.

Quoting DALCE (Reply 2):
Does anybody have information about load factors? Because when the load factor is good, and still no money is being made, then this airline is doomed.

I think over 80% but operating with very heavy losses.
These are my principles but if you don't like them I have others
 
DAYflyer
Posts: 3546
Joined: Wed Sep 08, 2004 9:35 pm

RE: Vueling Cancels/defers A320 Orders

Thu Oct 18, 2007 12:12 pm

Sounds like they are having a lot of trouble.

MADRID, Oct 18 (Reuters) - Spanish airline Vueling (VULG.MC: Quote, Profile, Research) said on Thursday it has cancelled an order for 3 new Airbus (EAD.PA: Quote, Profile, Research) A320 aircraft and postponed delivery of six others to 2009 from 2008 after reporting a 73 percent fall in third quarter net profit.

Vueling, caught in a row between shareholders and management, said it faced strong competition from low-cost and traditional carriers as well as high fuel costs.
One Nation Under God
 
DALCE
Posts: 1938
Joined: Thu Feb 01, 2007 7:45 pm

RE: Vueling Cancels/defers A320 Orders

Thu Oct 18, 2007 1:44 pm

Quoting Bullpitt (Reply 5):
Quoting DALCE (Reply 2):
Does anybody have information about load factors? Because when the load factor is good, and still no money is being made, then this airline is doomed.

I think over 80% but operating with very heavy losses.

Then the end is near!
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.
 
User avatar
Aisak
Posts: 899
Joined: Thu Aug 11, 2005 10:56 pm

RE: Vueling Cancels/defers A320 Orders

Thu Oct 18, 2007 2:06 pm

Quoting Bullpitt (Reply 5):
In my opinion Click air should stay as far away from them as possible. Click Air was born to compete with LCC not to save them. If Vueling goes under is One down several more to go.

I agree 100%. Clickair doesn't need the routes or the planes. They have their own agenda and new routes/planes are mostly related to Iberia's needs (in this 1st stage)
 
BBADXB
Posts: 777
Joined: Mon Sep 03, 2001 11:13 pm

RE: Vueling Cancels/defers A320 Orders

Thu Oct 18, 2007 2:27 pm

It's sad to see the first Catalan LCC go down this road. I really hope somehow that they manage to get back on the right track (I seriously doubt it though due to all the problems they seem to be having).
 
bullpitt
Posts: 757
Joined: Sat Mar 06, 2004 7:09 am

RE: Vueling Cancels/defers A320 Orders

Thu Oct 18, 2007 8:01 pm

Hi all

Quoting BBADXB (Reply 9):
It's sad to see the first Catalan LCC go down this road

No its not.  devil  It's nice when you see people get what they deserve. This is no easy game and some just have to learn it the hard way, Although I have to say I was more happy when Air Asturias and Air Madrid went down,
These are my principles but if you don't like them I have others
 
Leskova
Posts: 5547
Joined: Wed Oct 08, 2003 3:39 pm

RE: Vueling Cancels/defers A320 Orders

Thu Oct 18, 2007 9:07 pm

Quoting N1786b (Reply 4):
its US chairwoman Barbara Cassani

Wasn't she the head of BA's LCC "GO" back when that was started?
Smile - it confuses people!
 
IberiaA319
Posts: 635
Joined: Sun Sep 04, 2005 5:40 pm

RE: Vueling Cancels/defers A320 Orders

Fri Oct 19, 2007 9:45 pm

Vueling may cut some non-profitable routes (from Madrid), according to the news.

With losses of 32,4 million Euro (just a profit of 1,35 million during the high season in summer, the third quarter of 2007) it is necessary for Vueling to focus on getting profits. Operating expenses have increased heavily, which only showed a reduction in the third quarter. In 2007, personnel expenses doubled up to 29,6 million, and the fuel costs rose up to 73,1 million (from 39,8 million).

During the summer, the load factor reached 84.5 %, and the operating revenue increased 49 %, up to 118,4 million. But the average fare was lower than last year (just 40 Eur, compared to 50 Eur in 2006), due to the fierce competition in Spain and other markets. This means that even with a good result in the revenue figures, there is no profit!!!

During 2007, investors (including Apax Partners) stepped back and several managers left the company. The shares fell heavily, losing more than 50 % of its value in a few months (due to the loss of confidence of investors)

It's not an easy task for Vueling.....!!!
 
BBADXB
Posts: 777
Joined: Mon Sep 03, 2001 11:13 pm

RE: Vueling Cancels/defers A320 Orders

Mon Oct 22, 2007 12:19 pm

For me it is sad: Vueling was approached for talks regarding a possible Madrid-Malta route, which is unserved during the winter schedule. If VY doesn't make it, that's one potential operator less for the route.

Iberia seems not to be interested in operating the route and XG's service from BCN comes to an end on Thursday. It's true that Ryanair is starting VLC-MLA and GRO-MLA in a few days' time, but in my opinion, what's really needed gravitates around BCN-MLA and MAD-MLA. Be it Air Nostrum or whoever, I do not care much, but I just hope (and trust) that it happens soon.

Saludos,

BBADXB  sun 
 
ogre727
Posts: 552
Joined: Thu Feb 24, 2005 9:43 pm

RE: Vueling Cancels/defers A320 Orders

Mon Oct 22, 2007 12:28 pm

Quoting Bullpitt (Reply 10):
This is no easy game and some just have to learn it the hard way, A

Forgive my ignorance, but what do you all think Vueling did wrong or different from other LCC? I mean, if they have to "learn the hard way", what is it that they have to learn? I am not being sarcastic, I am truly wanting to know what's the opinion of the forum on things they should (should have?) improve.

I flew with them in August CDG-BCN and it was the same as any other LCC I've flown. On time both ways.
I am between the devil and the deep blue sea

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