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Vueling Board approves planned merger with Clickair

18-Feb-2009

Vueling’s Board of Directors approved its planned merger with Iberia-controlled Spanish LCC, Clickair. The agreement still must be approved by Clickair. [2240 words]

Unlock the following content in this report:

Subheadings:

  • Nueva Vueling to merge in Apr-09 and commence operations in Jun-09
  • To become third largest carrier in Spain; fourth largest LCC in Europe
  • To become third largest carrier in Spain; fourth largest LCC in Europe
  • Flurry of consolidation activity in Europe
  • Vueling: Reports improved load factors on capacity reductions in Jan-09
  • Clickair offers PayPal option

Graphs and data:

  • The airlines involved in the formation of Neuve Vueling
  • Vueling and Clickair fleet: Feb-09
  • Spain domestic capacity breakdown by carrier (seats per week as % of total)
  • Spain international capacity breakdown by carrier (seats per week as % of total)
  • Routes where competition concerns were identified and airports where slots will be released
  • European consolidation activity: Dec-08 and Feb-09
  • Vueling fleet plan: 4Q07 to 1Q09
  • Vueling four strategic pillars
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