Auto-Estradas de Portugal (Brisa) entered (23-Apr-2012) a MoU with CCR to establish a joint undertaking to assess and explore the opportunity of acquiring and managing ANA – Aeroportos de Portugal and related airport operations, within the scope of the privatisation process announced by the Portuguese Government. The MoU follows the recent winding-up of Asterion ACE, a vehicle created for the purposes of participating in a former project co-led by Brisa for the acquisition of ANA and the construction and operation of the new Lisbon Airport. Brisa and CCR identified the privatisation of ANA and the airport management industry as business opportunities that fit into their field of expertise resulting in joint cooperation. [more - original PR]
Brisa enters MoU with CCR for the privatisation of ANA – Aeroportos de Portugal
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This report looks in some detail at Jet2.com's network and how it has changed in the three years since summer 2013.
Over the past three years Jet2.com has increased its peak summer weekly seat capacity by one third. By airport, the biggest share of this incremental capacity has been at Manchester. By destination, the lion's share of its growth has been to Spain, where there is now a capacity glut. Its markets have become increasingly competitive – not only due to other LCCs, but also because of the growth of airlines owned by integrated leisure groups such as TUI and Thomas Cook.
Europe's aviation strike spike could signal a cyclical peak - with downturn to follow
One swallow does not make a spring and nor does a rash of aviation strike news guarantee a turning point for the aviation industry. But the signs are ominous. In the month of Jun-2016 (to 20-Jun-2016), there have been 136 articles on CAPA's website mentioning the word 'strike'. This compares with 81 for the first 20 days of Jun-2015. For 2016 so far (1-Jan-2016 to 20-Jun-2016), the 's' word has occurred in 594 articles – about 20% more than in the same period in each of the past two years. If this rate continues, 2016 could be the biggest year for strike-related articles since before the global financial crisis.
The vast majority of the Jun-2016 articles – 80% – relate to Europe. A significant source is air traffic control disputes, particularly French ATC. There have also been strikes and/or strike threats involving airport workers and ground handlers. Among European airlines, Air France has generated the most coverage for its ongoing dispute with its pilots, and it may also face a cabin crew strike. Lufthansa has not yet faced a strike by its employees this year, but has not yet reached new agreements with pilots or cabin crew after industrial action last year.
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