July 6

More articles from the category

July 6

Wizz Air does not want to remain permanently “shrunken” in Vienna

In late autumn last year, Wizz Air President Robert Carey announced that the Vienna base was back on track for growth. The number of aircraft stationed there was to be increased to six Airbus A321neos, and a seventh or even eighth aircraft were under discussion. Nothing came of it, because the company downsized to four aircraft. The destinations offered from Vienna-Schwechat have shrunk to 2022 destinations in 36 countries in the 24 summer flight schedule. The offer was thinned out in several steps, and not only city routes, on which the company was in tough competition with Ryanair, fell victim to the red pen, but also "holiday classics" such as Mallorca. The Ukraine flights had to be suspended indefinitely for a completely different reason: Russia has invaded its neighboring country. This has consequences for Wizz Air, because around nine percent of the offer was to Ukraine and Russia. In addition, the airline wanted to significantly increase its UA offering in the 2022 summer flight schedule. Because of the war, three Airbus A320s were "stuck" in Kyiv-Zhulyany and another in Lviv. Flying out is impossible for safety reasons. The low-cost airline had to quickly reorient itself and shifted capacity westwards. It is worth mentioning that it has significantly expanded in the United Kingdom and Italy. According to Carey, the airline has bought numerous slot pairs at Gatwick from Norwegian Air Shuttle and is expanding strongly at the second largest airport in the UK capital. Various factors have led to the reduction in the size of the Vienna base The Wizz Air President makes no secret of the fact that the Vienna base has experienced many "ups and downs" since it opened in 2018. The Corona pandemic

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ZRH: Sky Alps flies to Bolzano

On July 1, 2022, the Sky Alps' first flight from Zurich Airport to Bolzano in South Tyrol took place. Instead of a car journey of at least 5 hours, the German-speaking province of Italy can now be reached in just over an hour by plane. Until October, the route will be served twice a week with a DeHavilland Canada Dash 8, every Friday and Sunday. The flight will be carried out with a De Havilland of Canada (DHC) 8/Q400 turboprop aircraft. The aircraft, commonly known as the "Dash 8", has essentially been around since 1984; SkyAlps owns three of them - two were delivered new to the now bankrupt Flybe in 2009 and are leased by Sky Alps from the owner Chorus Aviation Services. The third such aircraft was originally delivered to Tyrolean Airways in 2010 and has now been taken over by Austrian Airlines; the Dash-8s all have 78 seats in a single-cabin configuration.

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From Sofia: SkyUp flies Boeing 737-800 for Wizz Air

The low-cost airline Wizz Air has wet leased a Boeing 738-800 from the Ukrainian airline SkyUp Airlines. The aircraft is based in Sofia and is used from there on various routes, including to Dortmund, Memmingen and Geneva. According to CH-Aviation.com, the UR-SQO has been in use on behalf of Wizz Air since June 30, 2022. The cooperation is said to have been agreed for several months, although the client did not want to comment on the exact duration. SkyUp Airlines cannot operate its own route network due to the war in Ukraine instigated by Russia. The company was able to land wet lease contracts from various airlines, including Corendon, Smartwings and Wizz Air, and can thus stay in the air despite the most adverse conditions. Wizz Air is a pure Airbus operator, so the Boeing 737-800 leased by SkyUp is a unique model in the fleet. The UR-SQO used for the Hungarian low-cost airline is currently 9,6 years old.

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LOT is back in Stuttgart: Warsaw can be reached daily again

After the pandemic-related interruption, LOT Polish Airlines is back in Stuttgart in time for the summer season. The airline's plane takes off for Warsaw every day. Every Monday, Tuesday, Thursday and Saturday, the flights depart at 10:35 a.m. and reach Warsaw at 1:45 p.m. after 12:20 hours of flight time. On the other days of the week, i.e. Wednesdays, Fridays and Sundays, the departure from Stuttgart takes place in the evening at 19:50 p.m. These flights land in Warsaw at 21:35 p.m. Passengers have numerous connecting options via Warsaw Airport, for example to Canada, India or the Baltic States. "We are very pleased to welcome LOT Polish Airlines back to Stuttgart. The hub in Warsaw is an important addition to our route network and offers convenient connecting flights to international metropolises such as Toronto or Mumbai. With the daily connection from Stuttgart, both business and holiday travelers benefit from the attractive flight connections," says Ulrich Heppe, Managing Director of Stuttgart Airport.

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Robert Carey: “Wizz Air Hungary will not be replaced by Wizz Air Malta”

The newly founded airline Wizz Air Malta Ltd. is not intended to replace the existing Wizz Air Hungary, but is part of the diversification strategy, explained President Robert Carey. The offshoot will launch under EASA-AOC with a Maltese operating license. Wizz Air Malta Ltd. was officially entered into the Maltese companies register on May 5, 2022. The headquarters is currently in a law firm in the capital Valletta. The sole shareholder is WAM Ventures Holding Ltd. as shown in the MBR. This company resides at the same address and was also entered into the company register on May 5, 2022. The sole owner of WAM Ventures Holding Ltd. is Wizz Air Holdings plc, based in St. Helier, Jersey. The Board of Directors of Wizz Air Malta Ltd. is composed as follows: Robert Carey, Jozsef Varadi, Heiko Holm and Michael Delehant. WAM Ventures Holding Ltd. is managed by Heiko Holm. Varadi is also CEO of the Wizz Air Group and Carey has been the president since joining the group from Easyjet. The latter manager did not want to comment in detail on the plans being pursued by Wizz Air Malta Ltd. He simply stressed that the new airline will be in the air in addition to the existing Wizz Air Hungary. When asked about possible bases, Carey said that these have not yet been decided. Just like Wizz Air Hungary, the airline will fly with an EASA AOC. The key difference between the two airlines is that the Hungarian airline has an operating license from the Hungarian Civil Aviation Authority. The new company will have a Maltese Operating License.

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SAS: Aircraft technicians are also on strike

200 aircraft mechanics in Denmark want to join the pilots' strike at the ailing airline SAS on Thursday. The mechanics in the union Dansk Metal announced that they would not maintain SAS aircraft during the strike. The company wants to try to have the aircraft serviced in other countries. "But it is clear that this will affect us in terms of the aircraft that are currently on the ground and need regular maintenance," a Danish SAS spokeswoman told broadcaster DR. "When the pilots come back, we cannot fly with them immediately." The pilots' strike paralyzed 34 of 100 SAS departures in Copenhagen on Wednesday. According to SAS, a total of 30.000 passengers are affected by the strike after failed wage negotiations.

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Edelweiss is expanding its winter range

The airline offers 34 short- and medium-haul destinations and 17 long-haul destinations in its winter flight schedule. After the successful launch of the route to Sal last winter, Edelweiss is expanding its offering to the Cape Verde Islands with a second weekly flight. This now also serves the island of Boa Vista. From the end of October 2022, the Swiss carrier will fly from Zurich to Sal every Monday and Thursday and also to Boa Vista on Mondays; flights can be booked from July 12th. Egypt, the Canary Islands and Italy with significantly more flights, Morocco open to travel again Edelweiss is strengthening the popular Egypt routes: ten weekly flights to Hurghada, three to Marsa Alam, three to Sharm el Sheikh and two to Luxor are now offered. The offering to the Canary Islands is also being expanded and increased to nine weekly flights each to Tenerife and Gran Canaria, three weekly to Fuerteventura and Lanzarote, and one weekly to La Palma. Madeira is also served three times a week. The weekly flights to Lamezia Terme and Catania in Italy will be doubled from two to four. Morocco is also open again, with Marrakesh now offering up to five weekly flights and Agadir now offering up to two weekly flights. The winter offer in the north and in Africa For the first time, Edelweiss is offering a broad portfolio of destinations in the north in winter. The carrier is flying once a week to Tromsø and Bergen (both from mid-December) and up to three times a week to Reykjavik/Keflavik in Iceland. Scotland's capital Edinburgh is available with two weekly flights.

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Wizz Air and the expensive gas thing

A rather complicated issue for the low-cost airline Wizz Air is that it has stopped fuel hedging in the wake of the corona pandemic. Carey said that at the time it was believed that only the banks and oil companies would win from these deals. Only a few weeks ago it was announced that it had resumed price hedging transactions. The current state of affairs is that, according to the company president, Wizz Air is currently only purchasing a very small part of its kerosene requirements at hedged prices and has to buy the rest at the current pump price. This means that the low-cost airline is currently paying significantly more than its competitors Ryanair or Wizz Air, for example. However, Carey is of the opinion that this is not so bad, as in about six months even those airlines that are currently benefiting from hedged prices will have to refuel at higher prices. The manager of the low-cost airline therefore predicts that prices will rise across the entire aviation industry. At Wizz Air, the average ticket price is currently between 65 and 70 euros, which is between five and ten percent higher than the level in summer 2019. There is a large gap between the price increases that have already been implemented and the sharp rise in fuel prices, which could probably close further within 12 months. However, Robert Carey also stressed that the amount he quoted is not the "basic price" - i.e. just the flight with a small piece of hand luggage, without extras - but "all-in", i.e. what the passengers would actually pay including optional additional services. In stark contrast to this,

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Lufthansa Aviation Training gets first 787-9 flight simulator

The first Boeing 787 Full Flight Simulator (FFS) from Lufthansa Aviation Training is ready for training operations at the Frankfurt site. It was manufactured by the British manufacturer L3Harris in Crawley. The new training device for pilot training is already the 26th Boeing 787 model Full Flight Simulator that L3Harris has built and delivered. The flight simulator is almost seven meters wide and measures a good seven meters in both height and depth. Weighing 14 tons, the new training device is no lightweight either. This project posed a time challenge, as the 787 was planned to be introduced into the Lufthansa Group's fleet in spring 2022. For this reason, the 787-9 FFS for LAT was manufactured modularly and thus deviates from the standard. "Only the cockpit and the simulator platform were assembled by the manufacturer for the first acceptance at the manufacturer's factory. The L3Harris team assembled the remaining elements for the first time during the installation in Frankfurt. This included the movement and vision system as well as the external paneling," explains Jens Jährling, Head of Training Devices & Infrastructure at Lufthansa Aviation Training. In order to be able to offer training for the cockpit crews as quickly as possible, Lufthansa Aviation Training has reduced the test and acceptance times to a minimum. "The usual high quality and reliability of our training devices for LAT customers will of course not change," emphasizes Matthias Spohr, Managing Director of Lufthansa Aviation Training GmbH. "In cooperation with our own, very experienced engineering team, we had a partner on our side in the manufacturer L3Harris.

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VIE: Fund wants half of shares

The Australian fund IFM, which recently increased its stake in Vienna Airport to over 40 percent through purchases on the market, wants to increase its share by another 10 percent. On Wednesday, a corresponding partial offer was announced via its subsidiary Airports Group Europe. It is in line with the publicly communicated goal of Airports Group Europe not to seek majority control of the company, it says. It also reflects the public statements by the City of Vienna, the State of Lower Austria and the Employee Foundation that they do not intend to accept the offer. Airports Group Europe therefore assumes that the partial offer will only be accepted by free float shareholders, as the press reports. This could enable Airports Group Europe to acquire 50 percent of the shares in the airport. The City of Vienna and the State of Lower Austria each hold 20 percent of the airport, the Employee Foundation a further 10 percent and IFM just over 40 percent. Around 10 percent are in free float. The already communicated offer price of EUR 33 per share remains unchanged and corresponds to a premium of approximately 25,5 percent compared to the closing price on the last trading day before the announcement on June 13, 2022. The Australian IFM Global Infrastructure Fund initially acquired 2014 percent of the shares in Vienna Airport through its subsidiary IFM Airports Group Europe at the end of 29,9 and increased this to 2016 percent in April 38,16, then went up to the limit of just under 40 percent, at which point a mandatory offer for all shares is necessary. According to the Takeover Commission, such a mandatory offer is not necessary due to the current shareholding structure and the governance situation.

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