clickair
clickair will be absorbed by vueling, providing a capital increase to vueling but eliminating the clickair brand .
make an clickair reservation and find some amazing deals with discounted clickair tickets at alternative airlines. clickair flies to many destinations offering a cost effective and safe service to all its passengers. let alternative airlines help find you cheap clickair tickets and make international and domestic flight reservations on clickair today .
clickair airlines came into existence in 1989. clickair airlines has its base airport in न्यूयॉर्क (jfk) in usa .
clickair' s corporate equity will be transferred to vueling, resulting in clickair' s
extinction
, says the document .
spanish budget airlines vueling and clickair are due to complete a merger this week .
cleartrip facilitates easy, fast and reliable air tickets booking platform for the clickair airlines .
search flights with vueling, or we suggest these alternative airlines below who fly similar routes to clickair .
clickair is a spanish low cost airline based in barcelona that will merge with budget airline vueling in 2009 .
earlier, a vueling spokesman said there were no talks at company level, while clickair declined to comment .
under the agreement, vueling will issue new shares which clickair shareholders will then buy, the source said .
clickair was a low - cost airline based in barcelona, spain and flew to nearly 40 destinations in europe .
vueling returns to profit ahead of clickair merger
is part of atw plus, our online premium membership .
clickair = = history = = = = = early years = = = the company was first called catair, derived from cat (catalonia) and air, but changed its name to clickair just before starting operations. clickair positioned itself as a low - cost airline and offered a buy on board programme for food, drinks, and other goods .
clickair and vueling planes are seen at el prat airpot in barcelona, july 7, 2008. reuters / albert gea
you can pay for your flights with clickair in the currency and payment method of your choice when booking through alternative airlines .
groundforce has just gained five new ground handling contracts with the airlines clickair, emirates, latcharter, atlasjet and copa airlines .
browse the most popular clickair flight routes to destinations worldwide. alternative airlines can help you make reservations on clickair for international flights to lots of destinations. use the following list of routes to help you plan your next flight. book clickair flights on alternative airlines to save big! alternative airlines is an online travel agency, specialising in booking lesser known airlines and remote destinations .
the boss of clickair, alex cruz, is expected to be named chief executive of the combined company, the source said .
the notification, allocated eu merger case number m5364, confirms that the integration will be achieved through vueling' s absorbing clickair .
new vueling set to take off after completion of clickair merger
is part of atw plus, our online premium membership .
clickair s. a. is a spanish
low - cost
airline based at the airport of barcelona - el prat. it provides scheduled air transport of passengers on short - haul spanish and european routes. prior to the proposed transaction, iberia had a 20% stake in clickair but did not control it. clickair covers 49 routes and transported 4. 5 million passengers in 2007 .
spanish carriers iberia, clickair and vueling have issued formal notification to the european commission of the plan to merge the two budget airlines .
vueling will operate 35 airbus a320s (18 aircraft coming from clickair and 17 from vueling), serve 46 airports and run 92 routes .
clickair’s other shareholders are spain’s biggest construction group acs, nefinsa, which own regional flyer air nostrum, and hotel and travel firm iberostar .
cleartrip brings you the latest flight schedule for clickair airlines. we’ve tried to compile and simplify airways information to help you in booking your air tickets and plan your complete trip. this clickair airlines flight schedule should give you a fair idea of their flights operating across the world. view flight timings, flight numbers, flight arrivals and departures, via routes and the days on which they operate. urltoken offers great deals and discounts on clickair airlines ticket booking. make sure you book your clickair airlines flight tickets well in advance in order to enjoy cheaper air fares
once the framework agreement is implemented, it adds, iberia is expected to acquire control of the entity formed by the vueling - clickair combination .
one airline industry source who asked not to be named said vueling and clickair were a good fit as they have practically the same number of planes and routes .
these aircraft have joined vueling' s all - a320 fleet, which now stands at 35 aircraft, after its merger with clickair was ratified on july 15th .
the 36 - month old clickair brand will disappear and vueling will become spain’s second largest carrier flying 11 million passengers a year from six bases including its barcelona headquarters .
a source close to clickair shareholders said one of its owners, quercus equity, wanted to sell its stake after the airline delayed its breakeven target date to 2009 .
under the proposal iberia - a minority shareholder in clickair - would take over the merged entity' nueva vueling' formed by the combination of the two budget airlines .
under the proposed concentration, to be carried out through several interdependent transactions, vueling and clickair would merge into
nueva vueling
over which iberia would acquire control .
the market has long speculated about a merger involving vueling, and clickair — which is 20 percent owned by iberia — has been named as one of the possible partners .
vueling will be a new name to the uk and heathrow when it absorbs clickair’s daily flights to seville, la coruna, bilbao, in addition to summer flights to vigo .
madrid (reuters) - spanish low - cost airlines vueling vulg. mc and clickair have agreed to merge, vueling said on monday, in a move to ...
“shareholders of clickair and vueling have signed an agreement to merge, ” the source said. “it will be formalized later today. the boards have to rubber stamp it. ”
we accept paypal making flight purchases with clickair easy and more secure for customers. paypal is one of the leading forms of online payment, with more than 169 million accounts worldwide .
“we acknowledge there are talks going on with shareholders in various companies in the sector, including clickair, without there being any deal or agreement, ” hemisferio said in a statement .
in a statement to the stock exchange regulator, vueling said its board had approved a deal signed between the two airlines’ main shareholders whereby vueling would absorb clickair through a capital increase .
the clickair / vueling merger is expected to be completed by mid - july, when the combined entity will start flying under a unified designator code and a single name (vueling) and all clickair assets will be transferred to the listed vueling airlines company .
it will be confusing for passengers ,
clickair ceo alex cruz, who will be ceo of the merged entity, conceded to atwonline last week .
we hope to reach 30% - 40% of passengers in advance of their journey and we will put manpower in the ...
earlier in the day clickair’s board voted to merge with rival vueling to create the third biggest airline operating in spain, which would be around 45 percent owned by national flag carrier iberia .
vueling and clickair launched merger plans last july after high fuel costs and overcapacity in the spanish market dented vueling’s hopes of making a profit for the first time since listing in december 2006 .
the process of re - painting clickair' s 18 - strong a320 fleet will span from mid - september to mid - november, as the aircraft stop for their scheduled checks. it is the only pending step in the process of rolling out the vueling brand to the entire clickair fleet, whose interiors have already been 100% fitted in vueling fashion since early july .
vueling announced it would formally combine with clickair on 09 - jul - 2009, operating under the vueling brand, in what new vueling ceo, alex cruz, called a “merger of equals” .
the merged airline will also retain clickair flights to casablanca and marrakech, moscow, st. petersburg, warsaw, budapest and bucharest. italy will continue to be vueling’s second biggest market after spain .
but questions lingered over vueling’s health and operating costs. it has almost double clickair’s workforce and has made decisions that were criticized in the airline industry, such as opening an expensive hub in paris .
the contract established with clickair, a spanish low - cost company which recently began its operation to portugal, covers the provision of all ramp handling services up to march 2009 at lisbon and porto airports .
madrid (reuters) - the top shareholder in spanish low - cost airline vueling, inversiones hemisferio, is in talks with the owners of clickair and other airlines about possible deals, it said on tuesday .
madrid, feb 18 (reuters) - iberia ibla. mc subsidiary clickair said on wednesday its chief executive alex cruz would become ceo of the new airline formed by its impending merger with vueling vulg. mc .
european competition regulators have ordered the release of slots at barcelona and other airports in europe as the price for clearing spanish flag - carrier iberia' s proposed takeover of merging low - cost carriers clickair and vueling .
the outlook for spanish airlines has since darkened, with the country’s worst recession in 50 years taking an especially heavy toll on domestic passenger traffic, traffic data from iberia shows. data from unlisted clickair are not published .
these are the future of air travel on most point to point intra european routes and alternative is pleased to be able to add clickair to the growing list of low cost carriers available for immediate booking through this web site .
earlier, newspaper expansion reported the owners of vueling and clickair were in talks to merge the two and create spain’s third - largest carrier, which would be better placed to fight back against cut - throat competition and higher oil prices .
madrid (reuters) - spanish low - cost airlines vueling vulg. mc and clickair have agreed to merge, vueling said on monday, in a move to create a carrier better equipped to tackle stiff competition and high fuel costs .
vueling’s biggest shareholder, hemisferio, the investment vehicle of spain’s lara family, will hold some 15 percent, the source said, while regional airline air nostrum — now holding 20 percent of clickair — will control just over 10 percent .
madrid (reuters) - shareholders in spanish airlines clickair, which is part - owned by iberia ibla. mc, and vueling vulg. mc have signed an agreement to merge, a source close to the situation said on monday .
spanish flagship airline iberia ibla. mc, which controls 80 percent of unlisted clickair, would be a major shareholder in the new airline along with nefinsa and inversiones hemisferio, which had agreed to remain in the company for two years, vueling said .
the vueling - clickair merger now has several hurdles to clear. in a separate statement on monday, iberia said it would seek an exemption to stock exchange rules that force any company buying more than 30 percent of a firm to make an offer for its entire share capital .
top international sectors of clickair include frankfurt to fuerteventura / puerto del rosario, fuerteventura / puerto del rosario to frankfurt, varna to dusseldorf and dusseldorf to varna. they also have occasional flights from dalaman to dusseldorf, chania to frankfurt and antalya to schkeuditz flights. find more route here -
with its head office in barcelona, clickair is a low - cost airline owned by iberia and another four companies. at this early stage clickair operates with a fleet of three a320 aeroplanes, offering domestic flights between barcelona, seville and malaga. besides this, the airline will cover european routes such as lisbon, porto, frankfurt, amsterdam, geneva, zurich, basle, dublin, moscow, munich, berlin, prague, paris, rome and london. the company’s objective is to position itself amongst the three main low cost european air transporters, as well as to increase its fleet .
the statement said iberia and fellow clickair shareholder nefinsa had agreed to remain as shareholders. vueling’s biggest shareholder, the investment vehicle of publishing magnate jose manual lara, will have a 14 percent stake in the new airline down from 27 percent of the exisiting vueling airline. (reporting by ben harding; editing by tracy rucinski )
dublin to barcelona and back with different airline. we booked our flights through iberia. com and the flight code we were given was different to the code displayed at dublin airport but as long as you are aware of this before travelling it poses no problems. check in in dublin airport opened early which allowed us to check in with no time wasted. we were designated seat numbers which was new to clickair which allowed easy embarking. the seats were no tighter than the average short flight airbus. we departed on time and we found this airline compared favourably to the more expensive carriers. dont be put off by the cheap prices as the service is a high as their competitors. book directly with clickair as it is cheaper than booking the same flight through iberia. com. the price quoted is inclusive of all charges and taxes, free baggage allowance and choice of seats. (only premium seating has extra charges). clickair also flies into the main airport in barcelona with excellent transport options into the city unlike other low cost airlines which fly you to airports which are less convenient .
the creator of the best idea will be awarded with a visit to the hangar (in either the netherlands, the uk or spain, dependent on the tender' s outcome) where the clickair livery will be transformed into a vueling one. he or she will be able to see, first hand, the aircraft being painted with its new name. on top of that, the winner will get five roundtrips for two people (with two overnights included in every trip) to any vueling destination .
we have also booked a flight with clickair which they have changed and im trying to get my money back! out of all the phone lines that they have only one works and the girl put the phone down on me saying it was nothing to do with her! ! i only found out that they changed the airport which we are flying out of by chance, as we to connect flights it is impossible to make the other airport in time for the flight and i am still waiting for comfirmation by email or a phone call .
vueling airlines, which will join with barcelona rival clickair to create a
new
vueling, reported an €8. 5 million ($ 10. 8 million) net profit last year, a welcome reversal from the €78. 5 million lost in 2007, as it implemented a restructuring plan. full - year revenue increased 21% year - over - year to €438. 9 million as costs rose 8. 1% to €469. 7 million. operating loss narrowed 57% from €71. 7 million to €30. 8 million in 2007. the lcc reduced its fleet from 24 ...
find out low - cost spanish airline merged with clickair answers. codycross is a famous newly released game which is developed by fanatee. it has many crosswords divided into different worlds and groups. each world has more than 20 groups with 5 puzzles each. some of the worlds are: planet earth, under the sea, inventions, seasons, circus, transports and culinary arts. we are sharing all the answers for this game below. the best thing of this game is that you can synchronize with facebook and if you change your smartphone you can start playing it when you left it. we would recommend you to bookmark our website so you can stay updated with the latest changes or new levels .
i booked my flights in sept 2007 for 4 people to barcelona on 9 feb 2008. the flight times were excellent and the value fantastic at ђ50 each all inclusive. too good to be true! on the 14 jan 2008
clickair
phoned me to say the flight was cancelled. alternative flights cost me ђ250 each, five times as much as you see. i am still waiting for their customer service to contact me with alternative options. i have emailed them several times without response and have tried unsuccessfully to telephone also, requesting a refund of the total cost. had i booked with one of the other airlines in september it would have cost me ђ400. now it has cost me ђ1000 + my refund of ђ226. 5, which remains outstanding .
the european commission has approved under the eu merger regulation the proposed acquisition of the two spanish low - cost airlines vueling and clickair by the spanish flag - carrier iberia on condition that commitments to safeguard competition and passenger choice are implemented. the commission' s clearance is conditional upon the parties releasing slots in barcelona and other european airports to address competition concerns on several spanish and other european routes where the proposed concentration would have led to a restriction of competition. in the light of these commitments, which encourage competing airlines to enter or expand on those routes, the commission has concluded that the proposed transaction would not significantly impede effective competition in the european economic area (eea) or any substantial part of it. the spanish competition authority submitted a request for the concentration to be referred to them for consideration but subsequently withdrew their request .
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they are set to formally combine on july 9 to create what the new vueling ceo alex cruz calls ‘a merger of equals. ’
the move follows the spanish stock market regulator cnmw exempted iberia from making a takeover bid for the new airline .
will feature prominently on the new vueling’s network as one of its six spanish bases, the others being barcelona, seville, bilbao, malaga and valencia .
the new vueling will cater for 70% leisure / 30% business travellers, said cruz .
the combined workforce will total 1, 300, including flight crew and office staff .
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country: spain spanish budget carrier was merged into vueling airlines in july 2009 iata code: xg phone number: + 34 807 117 117, + 34 902 254 252 e - mail: info @ urltoken web - site: www. urltoken main bases and hubs: barcelona - bcn
lhr - sevilla. aircraft modern, minimalist feel, clean and in a good state of repair. legroom is not generous but otherwise the seats were comfortable. food must be paid for in euros or credit card - no problem, but sandwiches were not a good experience to the extent that own catering will be provided in future! do not like free seating, although maybe it' s the enviable spanish mentality, but this did not trigger the once and never again to be experienced ryanair stampede. it surely does not cost any more to allocate seats! ! the cabin crew were friendly the flight crew did their job with ease and overall the experience was a good one, as was the fare, which must always be remembered in making assessments .
i have no tel number for click air that works... incredible! !
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it added it was looking at any deal that could increase the value of vueling, whose shares have tumbled 74 percent since they listed in late 2006, beset by two profit warnings, a price war, higher oil costs and a management clear - out .
vueling shares were suspended early on tuesday. they went into pre - auction at 1115 gmt (6: 15 a. m. est) but almost half an hour later, they still had not been able to open as there were not enough sellers to match the number of bids .
a merger of the two would create a 47 - plane carrier, flying 10. 7 million passengers a year and employing around 2, 000 staff — spain’s next largest after iberia and spanair .
iberia’s stock rose on the story, up 4. 4 percent to 2. 40 euros by 1120, which analysts put down to a merger cutting competition, which has intensified over the last two years as ryanair and easyjet made inroads into spain .
artur carulla, whose family control quercus, and jose manuel lara, the chairman of vueling’s largest shareholder hemisferio, see each other regularly as vice - president and president of barcelona’s circulo de economia business club .
“a merger, from a strategic standpoint, does make sense as there’s overcapacity in the market, but i wouldn’t be sure this is going to happen overnight, ” the industry source said .
expansion said the airlines’ shareholders were negotiating over price and any possible deal had not been put to either company’s board. it added both groups were naming advisors .
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request an invoice, add bags, choose insurance or any change you wish to make to your booking .
the residents and large family discount only applies to bookings made in euros (eur) .
sorry, you cannot book extra seats for passengers identified as residents or large family .
you cannot book extra seats through our website less than 3 days before the flight departs. you can run a new search or contact our customer services centre :
through our website, you can only book one extra seat for each passenger. if you wish to book more extra seats for one passenger, please make your booking by phone :
passengers who reside in the balearic islands, the canary islands or the autonomous city of ceuta can benefit from a 50% discount on the base fare. this discount is only applicable to flights between airports on the spanish mainland and islands (except for the residents of ceuta, who can benefit from discounts on flights between seville, malaga or jerez and other spanish mainland destinations) .
if you' re a resident, you can buy your ticket through the usual vueling sales channels .
to obtain the discount, during the purchase process you must provide your residency details as they appear on the supporting documentation. once the booking has been completed, your details will be sent to the spanish ministry of public works and transport for validation. if validation is successful, you will not have to present any documentation at the airport; if unsuccessful, you must present the supporting documentation at the boarding gate. travellers entitled to a resident discount can check in via the website or mobile phone, even if their documentation has not be validated during the purchase of the flight .
vueling reserves the right to make copies of the documentation provided and to refuse to allow the passenger to board if the company detects any deficiency or anomaly .
any passenger who fails to prove that they are a resident during the purchase process, at the check - in desks or at the boarding gate will not be able to board the plane and will not be reimbursed for their ticket .
large families with three children can benefit from a 5% discount on the base fare. for families with more than three children, the discount is 10% . these discounts are only applicable to flights between spanish airports .
if you' re a member of a large family, you can buy your ticket through the usual vueling sales channels, where you' ll need to certify your large - family member number .
to obtain the discount, you' ll need to prove that you belong to a large family by presenting the corresponding documentation before boarding. vueling reserves the right to make copies of the documentation provided and to refuse to allow the passenger to board if the company detects any deficiency or anomaly .
any passenger who fails to prove that they are a member of a large family at the check - in desks will not be able to board the plane and will not be reimbursed for their ticket .
travellers entitled to a large family discount can check in via the website or mobile phone, but they will have to show their supporting documentation at the check - in desks or at the boarding gate at the time of departure .
you can book one extra seat per passenger, in priority rows and in the front or back rows of the plane .
through our website, you can only book one extra seat for each passenger. if you wish to book more extra seats for one passenger, please make your booking by phone .
please note that we define infant as minors under 2 years of age at the time of all flights in the booking * .
children under 2 years of age travel on the lap of the adult who is accompanying them, so they do not need their own ticket. on the day of the flight our staff will give you a special seat belt for the child .
if the infant is more than 18 months old, you can book a seat for them in which they will have to travel in an approved car seat. you will have to book through our customer service centre .
minors who must travel with an adult minors under 12 years of age at the time of the flight must always travel with an adult (under - 14s of italian nationality travelling to / from italy and under - 18s of romanian nationality travelling to / from romania). vueling will not provide specific services or unaccompanied minor services for such passengers. if, at the time of the flight, the minor does not meet the specified age requirements, he / she will not be able to board the plane .
british airways customer experience will be worse than ryanair as early as next year…. the end of an iconic british brand? | customerthink
interpublic group is buying acxiom marketing services for $ 2. 3 billion. …
british airways customer experience will be worse than ryanair as early as next year…. the end of an iconic british brand ?
following on from my earlier post of september 2016 highlighting how british airways is sinking into the customer experience mire by taking the opportunity to move from an easily distinguished full service carrier to a hybrid low cost / premium player it now transpires that in a few short months it is potentially going to be a worse experience than ryanair (long seen as the price champion that ignored experience a model that the travelling public both understood and bought into) but at a higher price, the story continues…. to get worse…. read on !
not only that but if you want to use them for international travel, whilst the business and first won’t change, if like the majority of passengers you travel economy, then they are set to increase passenger numbers per flight by adding an extra seat to every row. their business plan obviously assumes that will be ba money in the bank but that assumes that we are happy to still fly with them given they are now going to be competing with both budget airlines and the likes of the mighty emirates. yes emirates have the 10 seat configuration on boeing 777’s but it has newer aircraft, better service and more regular flights whereas ba is going’ in many cases’ to be retro fitting to older planes by adding an extra seat to every row on its boeing 777 fleet adding an extra 52 seats to the aircraft from 2018. travelling passengers will notice this !
when we buy today it is a value based decision and that is a combination of availability, price, service, brand and of course how we feel about a particular supplier. just as ryanair has woken up the the power of offering its customers more in terms of an experience ba is heading in the opposite direction. why does that matter? is this just not a levelling of the playing field (a market opportunity to quote willie walsh). well i would argue that ba customers have to an extent been loyal because of those little differences – the free food, the better leg room, the brand but those customers are going to see a downgrading of their experience and an opportunity to no longer be loyal. as an example the ryanair customers are seeing the opposite an improvement in service and a feeling of better value for money – i know who i see as the big winners and it is not ba. you have one opportunity to trash the brand (sometimes called moving with the times! !) for a perceived short term gain and the world is littered with the relics of companies that have and never recovered .
currently chairman of acme group the first company to combine customer experience design and award winning creative and advertising company and non executive director of suitecx the leading cx software company, he was prior to its sale managing director and co - founder of mulberry consulting the number one ce business globally and executive chair of' experience by design' a south african based venture .
ba died as credible flag carrier some years ago when willie walsh changed the company focus from customer service to share holder dividends and starting slashing costs. he’s now pushed it so far that the economy drive is cutting into the company infrastructure. the big problem ba has is that there’s a lot of talk about the future but behind it there’s a fundamental lack of long - term planning. take ba’s current fleets – despite their advertising claims they operate some of the oldest aircraft in the industry. a conservative estimate is that in order to keep current ba needs to replace at least 100 aircraft in the next 5 - 6 years but that’s not what’s happening. retirement deadlines on the fleets (the 767 is the worst example) have been steadily extended while deliveries of new aircraft like the 787 have been slowed down. that may look good on the balance sheets but it’s not much fun for passengers flying on their tired old 767s and 747s. at the same time ba has poured a small fortune into the a380. that aircraft may look good on their website but operationally it’s an inflexible nightmare that will never produce the kind of returns that investing in new 777s and 787s could have .
to give a couple of examples of the mess ba are in – as a cost - cutting measure ba paid off experienced cabin crew and tried to replace them with new recruits. the most tangible result of that policy is the current ‘mixed fleet’ dispute but behind those headlines there’s another issue. their recruitment drives (ba were boasting they’d create something like 3000 new jobs in 2015) didn’t produce the expected results. in fact at the end of 2015 ba were so short of cabin staff they were trying to poach experienced crew from competitors like virgin atlantic. ba are also cutting back on the uk maintenance services, there’s another 10% staff cut in the pipeline right now. this is despite two recent major incidents that were attributed to inadequate staffing levels and the fact that aircraft are already having to be flown to the usa for checks that used to be conducted in the uk .
agreed john there will be a sad case study to be done at some point, i have flown the a380 with ba and was so disappointed as it contains virtually no innovations of note just a re - run of the tired ba look. whereas other airlines have taken the opportunity, however over the top we may feel they are, to do some really different things in terms of configuration and experiences 🙁
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in spain, groundforce is also responsible for providing ramp handling services to emirates airline at barcelona airport up to the 9th of november 2009, as per the contract signed by this airline .
in turn, latcharter signed a contract with groundforce morocco, valid up to the 31st of october 2009, which covers the provision of full handling services at the moroccan airports of fez, casablanca, marrakech and agadir .
another contract was also established for these 4 airports, with the airline atlasjet, providing for full handling service on an ad - hoc basis for a period of 2 years .
the contract signed with copa airlines is valid for 3 years and allows for the provision of ramp handling services by groundforce mexico at mexico city airport .
the emirates airline was founded in dubai in 1985 and operates flights to over 80 destinations throughout the world. as from november, this airline expects to operate two cargo flights per week to barcelona, with a310f craft .
coming from latvia, the airline latcharter was founded in 1992 and began operating the following year. with a fleet made up from two airbus a320, it currently makes ad - hoc charter flights from riga international airport to destinations such as tenerife, hurghada, sharm el - sheikh, dubai, antalya, bodrum, dalaman and heraklion. at the end of september latcharter began operating flights to morocco, more concretely to agadir, to where it intends to have one flight per week .
with its head office in istanbul, the turkish airline atlasjet was founded in 2001, currently operating with a fleet comprising 17 aeroplanes. it offers domestic flights to the main turkish cities as well as flights to various cities in countries such as spain, germany, holland, kazakhstan, france, italy, the czech republic, hungary, denmark, egypt, the united arab emirates and morocco .
copa airlines, in turn, operates since 1947 out of the republic of panama, and is one of the main commercial aviation companies in latin america. it currently offers 110 daily flights to 33 destinations in 20 countries in north, central and south america and in the caribbean, also providing flights to another 120 international destinations, through agreements established with other airlines, amongst which is continental airlines. with a fleet of 25 aircraft copa airlines operates one flight per day to mexico city, with b737 - 700 and b737 - 800 aircraft .
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the new company would trade under the name vueling and continue to be headquartered in barcelona, vueling said .
iberia would be the main industrial partner in the merged company under the agreement. earlier, a source close to the situation said iberia would own 45 percent of the new airline .
the deal — which the pair have spent months negotiating — will give much - needed pricing power in spain’s crowded airline market which was struggling to make profits even before this year’s sharp rise in the oil price .
a combined company would have just short of 50 planes that, on a pro - forma basis, flew 10. 7 million passengers last year .
iberia stock, trading at 1. 39 euros on monday, has halved in value since british airways plc bay. l and private equity group tpg tpg. ul made a 3. 6 euros - a - share indicative offer in march 2007 .
vueling’s shares have crashed from a high of 47 euros last february to just 5. 48 euros now as it issued two profit warnings despite fast increasing passenger traffic. cut - throat competition had forced it to slash fares .
the stock rose 6. 2 percent on monday before trading in vueling and iberia’s shares was suspended at 1232 gmt pending the stock exchange announcement .
“the feeling is that they will get the exemption because they are not going to exercise management of the company, ” the source said .
spain’s competition commission will then have to decide whether the new company poses a threat to domestic competition .
iberia will have 45 percent of the newly merged airline, the source said, speaking soon after trading in iberia and vueling shares was suspended pending an announcement .
that leaves approval from stock market regulator cnmv and vueling’s extraordinary shareholder meeting as the last meaningful hurdles before the deal goes through. eu competition authorities have already conditionally passed the tie - up .
the merged carrier, which will be called vueling, will be chaired by current vueling chairman josep pique, the two sides said .
the two carriers’ earlier statements on wednesday added that iberia would manage some of the handling and maintenance activities of the merged airline, as outlined by newspaper cinco dias last week .
european commission notification was submitted on 11 november, and the case has a provisional deadline of 16 december .
only twice in the first decade since the airbus a380 entered service has the double - deck aircraft ended a year with its order backlog higher than that of the previous one. on both occasions middle eastern carrier emirates alone had spared the programme from recording a duck for the year. emirates ordered 32 a380s in mid - 2010 and just eight days before the end of 2013 signed for another 50 of the type .
losing four geared turbofan engines to in - flight failures as a result of a botched durability upgrade was not how pratt & whitney wanted 2018 to begin quite the opposite .
the european commission, having assessed the effects of the plan, says the merger raised
serious doubts
over competition on 19 routes - seven international and 12 domestic. routes to italy and france have been a particular source of concern .
in a statement the commission says the
strong position
of the merged carriers on these routes
would have been further strengthened
by their combined share of slots at barcelona el prat and madrid barajas .
as a result the airlines involved have offered to transfer slots, for free, at these and other destination airports - among them venice, rome, nice, athens, naples, paris and those at several spanish cities .
these slots would create the conditions for new entrants or current competitors to operate more than 150 additional weekly round - trips .
we consider that these remedies are likely to considerably facilitate entry for competitors, maintain competitive pressure on the merged entity and thereby benefit spanish and other european passengers on the affected routes ,
says the commission .
spain' s competition authority has withdrawn a request to consider the merger plan .
barcelona - based vueling says that the commission' s authoritisation will allow it to move
immediately
towards the next stages of integration. the merger process will double the size of the carrier .
vueling adds that the approval means the merging airlines will be able to concentrate on providing passengers with a combined summer schedule this year .
our board of directors' intention is to foster a swift execution of every action leading to the integration, so that this is concluded in the shortest possible timeframe ,
it says .
vueling adds that its aim of becoming profitable this year will be
significantly reinforced
by the commission' s clearance .
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competition commissioner neelie kroes said :
the commitments given by iberia will permit other airlines to enter new routes or expand their services in competition with the merged company. my priority is to ensure that airline consolidation does not lead to higher prices or reduced services, so that consumers can continue to enjoy the benefits of liberalisation of air transport in the eu .
iberia líneas aéreas de españa, s. a. is the spanish
flag
- carrier, based at the airport of madrid - barajas. it provides long and short - haul scheduled air transport of passengers, covering 108 routes. in 2007 it transported around 26. 8 million passengers. iberia also provides air cargo transport, aircraft maintenance and handling services .
vueling airlines, s. a. is a spanish
low - cost
airline based at the airports of barcelona - el prat and madrid - barajas. it operates scheduled air transport of passengers on short - haul routes in spain and to other european countries. vueling covers 56 routes and in 2007 carried 6. 2 million passengers .
in line with previous airline merger cases, the commission analysed the effects of the merger on a route - by - route basis. the investigation found that the merger as initially notified would have raised serious doubts as to its compatibility with the single market because it was likely to restrict competition or even lead to a monopoly on 19 routes (see table attached), used by almost five million passengers every year, from spain to other european countries (in particular italy, france and greece) or within spain, . the strong position of the merged entity on these routes in terms of passengers transported would have been further strengthened by its high combined shares of slots at the airports of barcelona - el prat and madrid - barajas.
clickair was a low-cost airline that was based in the parc de negocis mas blau in el prat de llobregat , near barcelona , spain . clickair flew to nearly 40 destinations in europe . the airline 's main base was barcelona – el prat airport with further bases at málaga , seville and valencia . clickair merged into vueling on 15 july 2009 . 
clickair was a low-cost airline that was based in the parc de negocis mas blau in el prat de llobregat, near barcelona, spain. clickair flew to nearly 40 destinations in europe. the airline's main base was barcelona – el prat airport with further bases at málaga, seville and valencia. clickair merged into vueling on 15 july 2009.
clickair was a low-cost airline that was based in the parc de negocis mas blau in el prat de llobregat, near barcelona, spain. clickair flew to nearly 40 destinations in europe. the airline's main base was barcelona – el prat airport with further bases at málaga, seville and valencia. clickair merged into vueling on 15 july 2009.