Sas London Heathrow Slots
British Airways (BA) has agreed to acquire six daily slot pairs at London Heathrow to expand its activities at its main operational hub this winter. The slots have been acquired from rival bmi British Midland International, the loss-making operator now controlled by German national carrier Lufthansa. In a brief statement the airline’s parent company International Airlines group (IAG) confirmed it had approved the acquisition. “The slots will be used by British Airways from late October 2011 with the airline looking to expand both its long-haul and short-haul network at the airport.”
BA is believed to be one of a number of companies that are currently interested in acquiring the UK airline. Lufthansa recently hired Morgan Stanley as adviser for a potential sale of the company which made a £106 million loss during the first six months of the year. Despite its poor financial performance the airline is of significant value given its ownership of over ten per cent of the slots at London Heathrow.
According to media SAS has raised 82 million US$ by selling two pairs of slots at London Heathrow (IATA code: LHR) this spring. The airport is one of the busiest in the world and a popular destination for both business and leisure which means that slots are expensive and bought and sold as commodity. Take-off and landing slots at London’s Heathrow airport. These mysterious entities dictate just about everything we do as an airline and determine the timings of every one of your flights. To find out more we spoke to a world expert on airline slots. Fortunately, we didn't have to go far, he works right here at Virgin Atlantic. BA’s Heathrow slot holding is above 50% for the first time, thanks to bmi. British Airways is the biggest holder of slots at London Heathrow Airport, with 50.6% of the total for the summer 2013 schedule.This is the first summer season for which BA has held more than half of the slots (although it had 52.8% in the winter 2012 schedule) and its increase from 44.1% in summer 2012 is due to the.
As a result, airlines must apply for takeoff and landing slots if they want to fly to London. Heathrow Airport, the region's primary airport, is the most extreme case. The cost of a single slot. According to ch-aviation (behind a paywall so no link) SAS have sold two London Heathrow slots for $75mn. Anyone have any further information regarding this and who SAS sold the slots too. Last edited by qf789 on Thu Mar 30, 2017 2:32 am, edited 1 time in total.
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MARKET ANALYSIS: LONDON HEATHROW (non-stop weekly flights) | |||||
RANK | AIRLINE | FLIGHTS | % CAPACITY | SEATS | % CAPACITY |
1 | British Airways | 1,930 | 43.0 % | 403,060 | 43.4 % |
2 | bmi British Midland International | 363 | 8.1 % | 44,232 | 4.8 % |
3 | Lufthansa | 244 | 5.4 % | 37,126 | 4.0 % |
4 | Aer Lingus | 152 | 3.4 % | 28,288 | 3.0 % |
5 | SAS Scandinavian Airlines | 136 | 3.0 % | 17,700 | 1.9 % |
6 | Virgin Atlantic Airways | 134 | 3.0 % | 43,304 | 4.7 % |
7 | American Airlines | 106 | 2.4 % | 32,961 | 3.5 % |
8 | Swiss International Air Lines | 84 | 1.9 % | 12,296 | 1.3 % |
9 | KLM Royal Dutch Airlines | 72 | 1.6 % | 7,534 | 0.8 % |
10 | Air Canada | 63 | 1.4 % | 15,092 | 1.6 % |
(others) | 1,201 | 26.8 % | 31.0 % | ||
TOTAL | 4,485 | - | 929,728 | - | |
Sas London Heathrow Slots Tickets
bmi is currently the second largest carrier at London Heathrow and as the above table shows, during November, the first month of the new 2011/2012 winter schedule, it will account for 8.1 per cent of the weekly flights and 4.8 per cent of the available capacity. British Airways, as you would expect, dominates the market with a 43.0 per cent share of flights and 43.4 per cent of the total capacity. Lufthansa is the largest foreign carrier at London Heathrow with 5.4 per cent and 4.0 per cent of the flights and capacity, respectively, while Virgin Atlantic Airways, the sixth largest carrier by flights is the third largest by capacity through the operation of only widebodied equipment.