Grrrr Larnaca
#91
Join Date: Mar 2005
Programs: Mucci, BA-GGL, LH-Sen
Posts: 2,241
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?)
#92
FlyerTalk Evangelist
Join Date: Mar 2013
Location: London
Posts: 17,007
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.
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.
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.
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
#93
Join Date: Dec 2012
Programs: GGLfL
Posts: 1,126
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.
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
#94
Join Date: Jul 2011
Posts: 1,663
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.'
'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.'
#96
Join Date: Mar 2005
Programs: Mucci, BA-GGL, LH-Sen
Posts: 2,241
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]
[KVS Availability Tool 7.4.4/Diamond - Timetable/NL]
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
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
#97
FlyerTalk Evangelist
Join Date: Mar 2013
Location: London
Posts: 17,007
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.
#98
Join Date: Jul 2011
Posts: 1,663
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.
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.
#99
Join Date: Dec 2012
Programs: GGLfL
Posts: 1,126
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]
[KVS Availability Tool 7.4.4/Diamond - Timetable/NL]
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
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
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
#101
Join Date: Dec 2012
Programs: GGLfL
Posts: 1,126
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).
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).
#102
Join Date: Nov 2006
Programs: Seniors Bus Pass
Posts: 5,529
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
#105
Join Date: Dec 2012
Programs: GGLfL
Posts: 1,126