airline

Flights from Barcelona El Prat increase by 6.8% for winter season, while Girona shrinks by 20%

October 24, 2014 08:02 PM | ACN

The Spanish Airport Authority (AENA) has announced that this coming winter season over 8.4 million seats will be on offer on flights out of Barcelona El Prat Airport, an increase of 6.8% compared to last year. Seats on intercontinental destinations have increased by 13.6% over last year. The number of flight operations (take-offs and landings) is anticipated to be 47,000: an increase of 4.1% to 2013. In contrast, the airport of Girona Costa Brava (northern Catalonia) has announced it will offer 16 routes this winter season, 20% less than last year. Ryanair has implemented the cuts it announced last May and will no longer be connecting Girona to London or Paris. Ryanair and Wizz Air will be the only airlines flying from Girona to Kiev, and only Ten Airwais will operate charter flights to Nador, Morocco. This summer, Girona airport connected passengers to 69 destinations.

Vueling adds 14 new routes from Barcelona El Prat Airport

November 13, 2013 10:33 PM | ACN

Vueling will launch 14 new routes from Barcelona El Prat Airport in the summer of 2014, reaching a total of 117 destinations from Catalonia’s main airport. Starting next summer, the Barcelona-based airline will favour German and Russian destinations. The company has also bought 7 new aircrafts, to make the total number of Vueling planes based in Barcelona El Prat reach 50. The Catalan Minister for Business and Employment, Felip Puig, said these new routes coincided with the Catalan Government’s tourism strategy. Vueling currently holds 34% of the market share of the El Prat Airport and the company wishes to control 50% of this infrastructure’s air traffic within the next 5 years. With a total of 240 routes and 14 million passengers a year, Vueling is expected to become the leading airline in Europe for short- and medium-distance flights.

Ryanair insists it “fully respects” competition regulation in all European Union airports

October 18, 2013 09:51 PM | ACN

The Irish low-cost company issued a statement in reply to the European Commission’s investigation into the marketing agreement between Ryanair and the Catalan airports of Girona-Costa Brava and Reus (near the Costa Daurada). A competitor of Ryanair at Barcelona El Prat Airport had filed a complaint in Brussels accusing the Irish airline of profiting from public grants that were violating EU competition regulations. On Wednesday, the European Commission announced the launch of an investigation, which “does not prejudge the outcome”. In its statement, Ryanair pointed out that the European Court of Justice has already issued a judgement in 2008 stating that marketing agreements with airports are not state aid.

Barcelona El Prat Airport hosts the world’s third largest offer of low-cost airline seats

September 27, 2013 10:00 PM | ACN

The Catalan capital’s airport is the world’s third largest centre for low-cost flights. Two thirds of the seats on offer from or to Barcelona El Prat Airport are managed by low-cost companies. All Europe’s main low-cost airlines fly to Barcelona. This confirms Barcelona’s tourist attractiveness. In addition, this type of air traffic has enabled the Catalan airport to become one of Europe’s main airports. For the first time, last August more passengers went through Barcelona El Prat than through Madrid-Barajas, which means El Prat was Spain’s main airport. This might be a key asset when low-cost airlines also operate transcontinental flights.

IAG CEO: Vueling would still be based in Barcelona even if an independent Catalonia was not in the EU

September 25, 2013 08:19 PM | ACN

Willie Walsh, the CEO of IAG – the group formed by British Airways and Iberia, guaranteed that its subsidiary airline Vueling will continue having Barcelona El Prat Airport as its main base if Catalonia becomes an independent country and even if it is forced to abandon the European Union. “We will continue in Barcelona”, he emphasised on Tuesday in a meeting with press reporters from the Chinese city of Chengdu, according to an article published by Barcelona-based newspaper La Vanguardia. Walsh was in China as British Airways was unveiling a new route linking this city with London.

IAG will buy 120 new aircraft for the Barcelona-based airline Vueling

August 16, 2013 09:10 PM | ACN

The airline group formed by British Airways and Iberia, IAG, announced it will buy up to 220 new Airbus 320 between 2015 and 2020, 120 of which will be for the recently-purchased Catalan company Vueling. IAG bought the Barcelona-based airline last spring and the operation was authorised in July by the competition authorities. Vueling is currently one of the few profitable airlines in Europe, with a business model evolving from a low-cost airline but offering business services and flying to the main airports in Europe. In fact, the company links Barcelona El Prat with 104 destinations (in Europe, the Middle-East, Russia and Africa) and it has operation bases in Madrid, Paris and Amsterdam, among others. Last July, Vueling increased its number of transported passengers by 18% and flights by 13% on July 2012 figures.

British Airways-Iberia to own 90% of Vueling after many shareholders decided to accept the takeover offer

April 24, 2013 12:08 AM | CNA / Gaspar Pericay Coll

IAG, the company resulting from the merger of British Airways and Iberia, improved its initial offer from €7 per share to €9.25 to buy 100% of the Catalan airline’s shares. Iberia already owned 45.85% of Vueling and the IAG offer aimed to buy the remaining 54.15%. However, IAG had already stated the operation would still be carried out if it could buy 4.16% of Vueling’s share, in order to own 50.01% of the airline. Finally, more than four fifths of the remaining shareholders decided to sell their stocks to IAG. The international airline will buy 44.66% of Vueling’s shares and then it will own 90.51% of the company based in Barcelona El Prat Airport. Vueling is one of the few European airlines that has made a profit in the last few years. It has a competitive business model, flying to more than 200 destinations.

Vueling’s Board accepts the new takeover conditions offered by British Airways-Iberia

April 10, 2013 01:16 AM | CNA

IAG, the merger between British Airways and Iberia, improved its offer on Vueling’s shares, increasing from a price of €7 per share to €9.25. The board of the Barcelona-based airline considers the new conditions to be “reasonable” and have decided to recommend that the shareholders accept the offer. In fact, some Board members, such as Vueling’s President Josep Piqué have announced that they will sell their shares to IAG. Iberia already controls 45.85% of Vueling and IAG’s aim is to completely control the Catalan airline. Therefore, the takeover is on the condition that they are able to acquire at least 4.16% of Vueling’s shares, which would mean that IAG would control at least 50.01% of the Barcelona-based airline. The deadline to accept the offer expires on the 19th of April.

British Airways-Iberia improve their takeover offer on Vueling’s shares with an increase from €7 to €9.25

March 27, 2013 09:53 PM | CNA

IAG, the airline formed after the merger of British Airways and Iberia, has improved its offer for the total takeover of Barcelona-based Vueling, one of the few airlines in Europe which has earned a profit in the last few years. Earlier this month, Vueling’s board rejected IAG’s offer, presented in November, as they considered it to be too low. Now, the shareholders have had the last word. IAG already controls 45.85% of Vueling. With the new offer, if IAG manages to control 50.01% of Vueling – despite it officially aiming to get 100% of the Catalan airline shares – the operation will go ahead.

Vueling’s Board rejects British Airways and Iberia’s takeover offer

March 8, 2013 10:35 PM | CNA

The Board of Directors of the Catalan airline Vueling has rejected the offer of 7 euros per share made by IAG, the group which resulted from the merger of British Airways and Iberia. Vueling’s Board considered the price to be too low. IAG’s takeover was offering a 27.97% bonus in November, but Vueling’s shares have significantly increased their value since then and IAG has not improved its offer. The Catalan company is one of the few European airlines to turn a profit over these last few years. Now Vueling shareholders will have the last word on the decision as to whether they accept IAG’s offer.

Barcelona-based Vueling tripled its profits in 2012 and became the third airline in Paris-Orly

February 27, 2013 10:44 PM | CNA

Vueling earned a net profit of €28.3 million in 2012, almost three times more than the €10.3 million of 2011. It transported 14.8 million passengers, 20.1% more than in the previous year, with an occupancy rate of 77.7%. The Barcelona-based airline continues with its international expansion, especially in Western Europe, and it has become the third largest airline in Paris-Orly and Roma-Fiumicino. It also increased the passenger traffic share it controls in Barcelona El Prat Airport by up to 30%. The total revenue reached €1.103 billion last year, 27.7% more than in 2011. Vueling occupied part of the market share left by Spanair in Barcelona. Besides. the Spanish Stock Market Authority has authorised IAG’s take-over operation of Vueling, aiming to take total control of the Catalan company.

Catalan airline Vueling reached new heights in 2012 with a 20% passenger increase

January 29, 2013 09:17 PM | CNA / Laia Ros

The Barcelona-based company transported 14.8 million passengers in 2012, a new record for the airline. Vueling, created in 2004, transported 20% more passengers compared to 2011. The 14,794,857 customers meant a 77.7% occupancy rate over 108,433 flights, a 17.6% increase on the previous year, which led to the company closing with a profit for the fourth year in a row. Vueling is today the second biggest airline in Spain after Iberia and the third one in the number of customers, after Ryanair and Iberia.

Ryanair will reduce its presence in Barcelona El Prat by 23% because of the airport tax increase

November 28, 2012 09:16 PM | CNA

From the next summer season, the Irish low-cost airline will cancel 4 routes from Barcelona Airport and reduce the frequency of 20 others due to the increase in airport taxes imposed by the Spanish Government. This decision means that 170 fewer flights will operate through the Catalan airport per week. In addition, the number of passengers transported per year by Ryanair will also be reduced, dropping from 5.4 million to 4.2 million. Furthermore, it will mean the direct loss of 1,200 jobs at Barcelona El Prat Airport, according to the airline. Ryanair will also cancel routes from Madrid Barajas and it will eliminate the flight linking the Spanish capital to Girona airport.

British Airways and Iberia launch takeover proceedings on the remaining 54% stake of the Catalan Vueling

November 8, 2012 10:31 PM | CNA

IAG, the airlines group formed after the merger of British Airways and Iberia, has announced its plans to acquire 100% of Vueling’s capital. Iberia already has 45.85% of the Catalan airline. Now, IAG intends to buy the remaining 54.15%, equivalent to 16.2 million shares. IAG is offering €7 per share, 28% more than Vueling’s last trading price on the stock exchange market. Vueling is one of the few airlines in Europe making a profit. Catalan politicians are “worried” about the purchase, as Vueling is based in Barcelona El Prat Airport and is committed to its expansion. However, Iberia abandoned its plans to develop El Prat and has prioritised Madrid Barajas. A Catalan MEP has asked the European Commission about the possibility of there being a free competition obstacle.

Vueling airline to link Barcelona to 100 destinations in summer 2013

October 17, 2012 05:26 PM | CNA / Josep Ramon Torné

The Catalan company presented its strategic plan for next two years, which fosters its main hub, Barcelona El Prat Airport, by adding 28 new routes from next summer. Vueling plans to transform Barcelona Airport into the main European hub for short and medium distance flights. Currently, it is already the second continental hub in this category. Furthermore Vueling will strengthen its offer to business travellers by unveiling the ‘Excellence’ flying class and direct flights between Barcelona and London-Gatwick or Frankfurt. In addition, the Catalan airline will end 2012 with a profit for the fourth consecutive year.