Belgium will recall its ambassador to Senegal after the country withdrew the rights of Brussels Airlines to operate services via Dakar to other African destinations (Reuters, 28-Jan-2011). Brussels Airlines has been unable to operate on from Dakar to Gambia, Guinea and Sierra Leone since Senegal Airlines' launched operations earlier in Jan-2011.
Belgium recalls Senegal ambassador
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European airline consolidation to enhance financials? Few deals to be done, at least locally
European airline margins have underperformed other regions for years. There are many reasons for this, but our analysis suggests that Europe’s relative lack of consolidation may be a significant one, since margins appear to be correlated with market concentration. Even after a number of significant deals over the past decade, the European market is less concentrated than North America, where consolidation has gone further, to the benefit of margins. Europe is also less concentrated than Asia-Pacific (analysed as its sub-regions), whose margins have consistently been the highest.
If consolidation brings structural benefits, are there still European deals that can make a difference? Europe has a long tail of small carriers, which are unlikely to have a significant impact, but comparison with North America points to the potential for further combinations among the top five. Nevertheless, there are hurdles to such deals, not least of which are the ongoing restructuring programmes at Europe’s Big Three and the incompatibility of LCC/FSC mergers, but some second tier groups could be targets.
CAPA World Aviation Yearbook 2013: Country, Airline data in a comprehensive 1,000 page report
CAPA has today issued a world first 1,000 page CAPA World Aviation Yearbook 2013. We are happy to provide the report, in 10 parts to allow easier management, for free download by industry leaders.
The 2013 Yearbook contains a global overview, with extensive summary data for the largest 50 aviation countries and detailed analysis of more than 70 leading airlines, covering all regions of the world.
Full data sets are included for each airline and region, covering fleets, orders, delivery dates, capacity by route/region and premium profiles, making the CAPA Yearbook an invaluable resource.