Grrrr Larnaca

Old Sep 11, 2014, 5:36 pm
  #91  
 
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Grrrr Larnaca | 2014 thread

It's such a shame that CY wasn't sold to A3 last time they tried when they still had their two LHR slots to keep some competition around for BA. Now even if they take it over it will be purely or mostly as a feeder to the ATH hub and possibly a couple more routes (TLV?)
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Old Sep 11, 2014, 5:50 pm
  #92  
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Originally Posted by Cyba
It's such a shame that CY wasn't sold to A3 last time they tried when they still had their two LHR slots to keep some competition around for BA. Now even if they take it over it will be purely or mostly as a feeder to the ATH hub and possibly a couple more routes (TLV?)
No, that makes no sense. A3 is already number one for seats on LCA-ATH (and CY is number 2, there are no other competitors).

CY is a financial basket case but it has a substantial route structure worthy of A3's interest. According to the Cyprus Mail, A3 is looking to make LCA a second hub.

Originally Posted by CAPA analysis
Cyprus Airways is the biggest airline by number of seats on five of its top 10 routes from Larnaca: Tel Aviv, Thessaloniki, Amsterdam, Paris and Zurich. It has lost its number one position on Larnaca to London (its biggest route in Western Europe), which has also seen the entry of Thomas Cook Airlines and Norwegian. It is now ranked third on the London route (treated as a city pair). [BA is first, Monarch is second on LON-LCA].
If Cyprus is treated as a single market, Cyprus Airways ranks fifth by number of seats to/from London, behind easyJet, BA, Monarch and Ryanair.
It is also number 2 on FRA-LCA and BEY-LCA.

ATH-LCA is its biggest route and one of A3's largest routes too.

The principle problem for any purchaser is that CY's cost per available seat-kilometre is high even for a full service carrier. It will require strong management to turn that around. A3 could provide that, in my inexperienced view, but it will require the Cypriot authorities to step back.

Originally Posted by Calchas
If I may post a link to another source, http://centreforaviation.com/analysi...porates-185925

Last edited by Calchas; Sep 11, 2014 at 5:55 pm
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Old Sep 12, 2014, 6:06 am
  #93  
 
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My recollection is that the Middle East routes were all heavily loss making. CY has culled in recent times the routes to AMM, DAM, CAI and others.

I don't see any value in CY's route network whatsoever. No more flights to LHR, heavily culled Middle East routes, and the growth routes to Russia require an hours extra flying time to bypass Turkey, adding significantly to costs and making the longer flight time less attractive.

Last edited by MrSimonR; Sep 12, 2014 at 3:46 pm
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Old Sep 12, 2014, 6:14 am
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CY also has this rather large issue hanging over it which could well spell the end later this year...

'The airline is under scrutiny from the European Commission, which is investigating the terms of a 73 million rescue package in 2012 and a 31.3 million capital increase in early 2013 to establish whether they violated state aid rules.

The EU rules permit a government to provide rescue and restructuring aid to a company in difficulty once over a period of 10 years. Cyprus Airways previously received government aid in 2007.'
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Old Sep 12, 2014, 10:10 am
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Grrrr Larnaca | 2014 thread

That's what's prompting this search for investors. The end is nigh!
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Old Oct 17, 2014, 3:24 am
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So as mentioned in the S15 thread, LCA is increasing to 13x weekly flights which is great news. Except that the new schedules have just been released and both flights are now departing LHR in the morning and return in the evening. I find that odd as this does very little to improve connections save for the regions (MAN, EDI, etc) and for late evening departures to places like GRU, HKG etc. But not to the US. Bizarre.

Schedules are:

[KVS Availability Tool 7.4.4/Diamond - Timetable/NL]
Code:
LHR  London Heathrow UK [EGLL]
LCA  Larnaca Intl CY [LCLK]
TUE  12 May 2015 - 19 May 2015

Carrier    Flight  From  Depart    To    Arrive    A/C  St  Frequency | Dur'n | Dep T | Arr T | Effect | Ending | Exceptions
---------  ------  ----  --------  ----  --------  ---  --  ----------------------------------------------------------------
BA         664     LHR   07:50     LCA   14:45     319  0   1-345-7     04:55       5       -   29 Mar   23 Oct
BA         664     LHR   08:20     LCA   15:15     319  0   -2-----     04:55       5       -   31 Mar   20 Oct
BA         662     LHR   11:45     LCA   18:15     767  0   1234567     04:30       5       -   29 Mar   24 Oct
[KVS Availability Tool 7.4.4/Diamond - Timetable/NL]
Code:
LCA  Larnaca Intl CY [LCLK]
LHR  London Heathrow UK [EGLL]
TUE  12 May 2015 - 19 May 2015

Carrier    Flight  From  Depart    To    Arrive    A/C  St  Frequency | Dur'n | Dep T | Arr T | Effect | Ending | Exceptions
---------  ------  ----  --------  ----  --------  ---  --  ----------------------------------------------------------------
BA         665     LCA   15:45     LHR   18:20     319  0   1-345-7     04:35       -       5   29 Mar   23 Oct
BA         665     LCA   16:20     LHR   18:55     319  0   -2-----     04:35       -       5   31 Mar   20 Oct
BA         663     LCA   19:25     LHR   22:25     767  0   1234567     05:00       -       5   29 Mar   24 Oct

Last edited by Prospero; Oct 30, 2014 at 12:01 pm Reason: purge commercial link from KVS citations
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Old Oct 17, 2014, 4:19 am
  #97  
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Originally Posted by Cyba
So as mentioned in the S15 thread, LCA is increasing to 13x weekly flights which is great news. Except that the new schedules have just been released and both flights are now departing LHR in the morning and return in the evening. I find that odd as this does very little to improve connections save for the regions (MAN, EDI, etc) and for late evening departures to places like GRU, HKG etc. But not to the US. Bizarre.
Is this route contingent on transfer traffic?
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Old Oct 17, 2014, 4:37 am
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Whilst the timings could be more spread, I'm pleased to see this big capacity increase.

It's looking more and more likely CY will be forced into closure after the EU decision into state aid, so it's sensible for BA to grab market share in advance.
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Old Oct 17, 2014, 4:46 am
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Originally Posted by Cyba
So as mentioned in the S15 thread, LCA is increasing to 13x weekly flights which is great news. Except that the new schedules have just been released and both flights are now departing LHR in the morning and return in the evening. I find that odd as this does very little to improve connections save for the regions (MAN, EDI, etc) and for late evening departures to places like GRU, HKG etc. But not to the US. Bizarre.

Schedules are:

[KVS Availability Tool 7.4.4/Diamond - Timetable/NL]
Code:
LHR  London Heathrow UK [EGLL]
LCA  Larnaca Intl CY [LCLK]
TUE  12 May 2015 - 19 May 2015

Carrier    Flight  From  Depart    To    Arrive    A/C  St  Frequency | Dur'n | Dep T | Arr T | Effect | Ending | Exceptions
---------  ------  ----  --------  ----  --------  ---  --  ----------------------------------------------------------------
BA         664     LHR   07:50     LCA   14:45     319  0   1-345-7     04:55       5       -   29 Mar   23 Oct
BA         664     LHR   08:20     LCA   15:15     319  0   -2-----     04:55       5       -   31 Mar   20 Oct
BA         662     LHR   11:45     LCA   18:15     767  0   1234567     04:30       5       -   29 Mar   24 Oct
[KVS Availability Tool 7.4.4/Diamond - Timetable/NL]
Code:
LCA  Larnaca Intl CY [LCLK]
LHR  London Heathrow UK [EGLL]
TUE  12 May 2015 - 19 May 2015

Carrier    Flight  From  Depart    To    Arrive    A/C  St  Frequency | Dur'n | Dep T | Arr T | Effect | Ending | Exceptions
---------  ------  ----  --------  ----  --------  ---  --  ----------------------------------------------------------------
BA         665     LCA   15:45     LHR   18:20     319  0   1-345-7     04:35       -       5   29 Mar   23 Oct
BA         665     LCA   16:20     LHR   18:55     319  0   -2-----     04:35       -       5   31 Mar   20 Oct
BA         663     LCA   19:25     LHR   22:25     767  0   1234567     05:00       -       5   29 Mar   24 Oct
Thanks for the new timetable. I was also expecting a morning return flight from LCA. Perhaps no slots available for the return, or perhaps the bulk of CY-US transfer traffic is to JFK and BOS.

From an 1820 arrival, you can sill connect (S15) to the 2005 departure to JFK and 1925 to BOS.

Last edited by Prospero; Oct 30, 2014 at 12:02 pm Reason: purge commercial link from KVS citations
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Old Oct 17, 2014, 4:48 am
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I imagine there is something wrong with the LCA arr/dep times for the 664/5. It can't be 4:55 on the outward and 4:35 on the return, it must be the other way around.
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Old Oct 17, 2014, 4:56 am
  #101  
 
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Originally Posted by Calchas
Is this route contingent on transfer traffic?
Contingent on? No.

But the rationale for the 2nd daily LHR flight is based on (a) large demand in the summer for UK-CY traffic (including for CE) and (b) CY originating transfer traffic (a lot of which used to use CY's morning flight to LHR).
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Old Oct 17, 2014, 7:59 am
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Originally Posted by MrSimonR
I imagine there is something wrong with the LCA arr/dep times for the 664/5. It can't be 4:55 on the outward and 4:35 on the return, it must be the other way around.
Why not? it could just be a bit of "padding". It would ensure much better "on time results" if 50% of flights were safely padded
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Old Oct 17, 2014, 8:03 am
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Originally Posted by Calchas
Is this route contingent on transfer traffic?
I strongly doubt it. I think the new timetable is a huge improvement.
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Old Oct 17, 2014, 8:06 am
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The 664/665 combo is great for summer tourist traffic. The arrival and departure times fit perfectly with most hotel check in/out times. Think it will be very popular.
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Old Oct 17, 2014, 8:10 am
  #105  
 
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Originally Posted by antichef
Why not? it could just be a bit of "padding". It would ensure much better "on time results" if 50% of flights were safely padded
I was thinking of the return 665. 4:35 doesn't sound right.

The 663 usually schedules for 5:00, with flight time of at least 4:30.
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