- Airport Investment Details
- CAPA Analysis
- Schedule Analysis
- Cargo Analysis
- Route Maps
- Fast Fact Report
- Airline Status
- IATA Code
- ICAO Code
- Corporate Address
- Schiphol House
- Main hub
- Aberdeen International Airport
- United Kingdom
- Business model
- Airline Group
- Part of Bristow Group
- Association Membership
- Codeshare Partners
Eastern Airways is a British regional airline with its main base at Humberside Airport, UK. The airline operates scheduled and charter services to destinations within the UK as well as international services from various UK airports to Bergen and Stavanger in Norway in support of the North Sea oil and gas industry.
Location of Eastern Airways main hub (Aberdeen International Airport)
4 total articles
Part 1 of CAPA's Brexit follow-up report assessed the ASK exposure of UK and non-UK airlines to market segments where existing traffic rights could potentially change once the UK finally leaves the European Union. This second part reviews recent comments by leading European-listed airlines on how they see the impact of Brexit, both in the short term and in the longer term. Most of them acknowledge that there are considerable uncertainties, while simultaneously insisting that they will not be significantly affected in the long run.
There have been two initial impacts on airlines. First, Brexit has added to economic uncertainty, thereby muting demand and lowering yields. The magnitude and duration of this impact is unpredictable. Secondly, the consequent weakening of the GBP has made outbound international travel from the UK more expensive and less appealing, and lowered the value of GBP revenue earned by airlines.
The longer term impact will depend on whatever new traffic rights regime is negotiated between the UK and the EU. As a number of the airlines have acknowledged, this remains unknown and is, indeed, unknowable until the UK formally triggers its exit from the EU and then completes its two-year exit negotiations.
CAPA's previous analytical coverage of the UK referendum vote to leave the European Union flagged several questions surrounding UK airlines' future access to the European single aviation market. Traffic rights post-Brexit will depend heavily on the wider relationship between the UK and the EU and its markets. In turn, this may depend on how far the UK is prepared to go in embracing the EU's four key freedoms: the movement of capital, goods, services and people.
The UK has not yet triggered its formal two-year exit negotiation period and all aspects of its future relationship with the EU remain unknown. However, politicians in the UK are very reluctant to accept the continued freedom of movement of people, so existing airline market access is likely to be compromised in some way.
Rather than speculate on how negotiations might proceed, this report identifies the main market segments that could be affected by changes to the traffic rights regime, and evaluates the ASK exposure of airlines from the UK and from countries in Europe's single aviation market to these segments. A further report will review recent comments by Europe's leading listed airlines on how they see the impact of Brexit.
The UK’s regional commuter airline, Eastern Airways, announced it will deploy Embraer 135 jet aircraft on services from Aberdeen to Norway from 01-Nov-2010. Better known as an operator of Jetstream 41 models – it is the largest in the world with 20 in service – Eastern has been bucking the economic trend during the past two years by acquiring new aircraft, opening new routes and expanding organically and, latterly, inorganically, through its acquisition of Air Southwest.
The regional UK airline market, led by flybe, is a highly competitive sector which has struggled through the global financial crisis. The state of the industry (and green populism) prompted UK Transport Secretary Philip Hammond, in late Jun-2010, to comment that domestic flying in the UK “will become, in time, a thing of the past”, with air services to be increasingly replaced by fast trains. Airlines, including British Airways, Ryanair and flybe quickly rejected the comments.