Wednesday, October 20, 2021

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    British Airways axes plans to create low-cost subsidiary at Gatwick

    British Airways PLC update

    British Airways has hit its ambitions to challenge rival Ryanair and easyJet as the industry has left the pandemic and the pilot union has failed to support the proposal, making Gatwick Airport-based low-cost subsidiary. I abandoned the plan to establish.

    The BA, owned by International Airlines Group, said it was “disappointed.” schedule Converting short-haul flights to low-cost flights at the UK’s second-busiest airport could not be supported by the British Airways Pilot Association (Balpa).

    “After years of losing money on a European flight from the airport, it became clear that the following plans were needed to get out of the pandemic: Make Gatwick Profitable It’s competitive. ”

    “Unfortunately, with the exception of a few domestic services that connect to long-haul routes, we will suspend short-haul routes at Gatwick Airport and pursue alternatives to short-haul slots at London Gatwick Airport.”

    Martin Chalk, Deputy Secretary-General of Balpa, said the union reached an agreement with BA on “revision of the London Gatwick (LGW) Short Distance Terms of Service Accepted by Members” “despite best efforts”. He said he couldn’t. ..

    Balpa added that he remained “open to future negotiations” with the BA to address member concerns about the “Short Range of LGW or Other Parts of the Business” proposal.

    Only a month after BA first announced plans that would have been an attempt to recover passenger numbers next summer as airlines recover from the coronavirus crisis.

    The Financial Times said in an email sent to the BA pilot that he admitted that if the pilot moved to a subsidiary, the pilot would remain an employee of the BA and “the road to recovery would be slowed down.”

    “We believed we could build a competitive BA-branded short-haul route from Gatwick Airport, but to do this, we need to turn our deficit business into a profitable business.” I added.

    This is the latest in a series of attempts by BA to enter the European low-cost carrier market, dominated by low-cost carriers Ryanair, Wizz Air and easyJet.

    In 1998, the company founded Go Fly, which operated flights between London Stansted Airport and Europe, and was acquired by easyJet four years later.

    IAG and other major European airlines have been hit hard by the worst crisis in aviation history, the pandemic, as they have suspended international travel.

    IAG’s revenues plummeted to € 1.1 billion in the second quarter, down 70% year-on-year, as affiliated airlines, including Aer Lingus and Iberia, flew only 22% of their pre-pandemic flight schedule.

    Additional report by Sylvia Pfeifer

    British Airways axes plans to create low-cost subsidiary at Gatwick Source link British Airways axes plans to create low-cost subsidiary at Gatwick

    The post British Airways axes plans to create low-cost subsidiary at Gatwick appeared first on California News Times.

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