Sólyom Hungarian Airways’ initial routes were revealed with the airline planning to serve Amsterdam, Brussels, Frankfurt, London, Milan, Paris and Stockholm from Budapest. The airline, according to reports from Vilaggazdasag, Budapest Business Journal and AIRportal.hu, expects to take delivery of its first aircraft on 18-Aug-2013, with ticket sales to launch around the same time. The airline expects to take delivery of five more aircraft by the end of Sep-2013. Sólyom's call sign will be "English" Hungary's Capitol Consulting Group (CCG) stated the airline's CEO József Vágó's estimates of the airline's operations are nearly impossible to achieve and predicted the airline would rapidly accumulate "massive losses" ahead of potentially collapsing in 2017. As previously reported by CAPA, the airline plans to replace Malev Hungarian Airlines which suspended operations in early 2012 and plans to operate six aircraft by the end of Sep-2013. The airline plans to expand its fleet to 25 aircraft by the end of 2014 and 50 by the end of 2017, including 10 widebody aircraft.
Sólyom Hungarian Airways’ initial routes revealed
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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.
History tells us that labour's demands grow as profits rise. The apparent increase in industrial action this year could be a signal of an approaching peak in the airline profit cycle. There are other causes of unrest, such as impending French labour legislation, but the correlation reflects some history.
LCC Volotea Part 2: in a competitive space positioned between regional airlines and LCCs
Part 1 of CAPA's analysis of Spanish LCC Volotea highlighted its rapid growth, but noted that its load factor left room for improvement. The Spanish LCC flies almost two thirds of its seats in domestic Italy and France, but operates in a total of 12 countries and 66 airports across Europe. It concentrates on small and medium-sized airports, with Italy and France dominating its list of leading routes.
This second part of CAPA's report on Volotea looks at its generally favourable competitive position on its leading routes (it is the biggest airline on 15 of its top 20 routes). This positive competitive standing has been carried onto the majority of the 32 routes that Volotea has launched in the past year, although its low frequencies and very strong summer bias limit its appeal to business passengers and give it a leisure focus.
Volotea's average trip length sits between those of regional airlines and Europe's principal LCCs. This is evidenced by the fact that two of its most frequent competitors are Hop (Air France's regional airline) and Ryanair (Europe's leading LCC). Volotea's fleet strategy is now to replace its 125-seat Boeing 717s with 150-seat A319s. This will result in it butting up against LCCs more often.