Oct

An Myair Airbus 320 preparing to take off from Bucharest Baneasa airport.
Foto by: Cristian C./Boardingmedia.net
This story is under development.
The Italian low-cost carrier Myair and the Slovakian based low cost airline SkyEurope sign an agreement to form in the short future an alliance that will transform them in the fourth player on the low-cost aviation market in Europe.
According to a press release from Myair, Flyholding - the holding company of Myair and SkyEurope Holding, the holding company of SkyEurope Airlines announced that they have jointly entered into a protocol agreement to immediately commence an operating partnership between Myair and SkyEurope Airlines and explore an eventual strategic alliance.
The new alliance with Myair should help SkyEurope to fix the company financial problems. SkyEurope has been posting losses in both raports presented this year, and last year.
The alliance should help both of the companies to achieve lower prices when purchasing prices of services and fuel.
The companies will start selling each other’s tickets on their websites till the end of this year and will also use each other’s planes. Some airline market analysts says that SkyEurope’s Boeings will be used on the routes were both companies face a high seat demand, and the small CRJ900 of Myair will be used on the routes were are less passengers. Myair Airbuses could be leased in order to get extra cash for the new company operations (this information has not been confirmed by any of the two airlines).
The aim of this alliance is to create the fourth biggest low-cost airline in Europe, after Ryanair, easyJet and AirBerlin. SkyEurope head Jason Bitter said that the two cooperating airlines will play a bigger role on the European market than the one played till now.
Need to know
Friday, LTE International Airways - a charter airline based in Palma di Maiorca, Spain - ceased operation due to financial problems. The company, that own 7 aircraft Airbus 320 was part of MyAir Group, the same that owns Myair.
On the European market other companies that merged this year: Vueling and Clickair (both Spanish airlines) and Condor, TUIfly and Germanwings (all German airlines) are still in talks for merging.






