50 SKY SHADES - World aviation news

EasyJet to Halt Moscow Flights on Slumping Demand

Download: Printable PDF Date: 12 Sep 2015 06:20 (UTC) category:
EasyJet to Halt Moscow Flights on Slumping Demand - Airports / Routes publisher
Tatjana Obrazcova
Source: Blooomberg

EasyJet Plc will halt flights between London and Moscow as ticket sales are hurt by the combination of a slowing Russian economy and stricter visa-approval procedures.

EasyJet will suspend operations on March 21, while continuing to monitor the situation with a view to resuming the service should demand pick up, the Luton, England-based company said in a statement Friday.

Europe's No. 2 discount carrier has been flying to Moscow from London Gatwick airport since 2012 after being awarded route rights ahead of Virgin Atlantic Airways Ltd. Russia's economy shrank 4.6 percent in the second quarter from a year earlier, while the ruble is down 45 percent against the dollar in 12 months.

"The decision has been taken in response to the significant and sustained reduction in demand," EasyJet said.

With only two carriers from the UK and two from Russia permitted to fly between London and Moscow under air-services accords, the move could ultimately jeopardize EasyJet's route rights. A review of permissions would be prompted if another airline applied, spokeswoman Anna Knowles said.

IAG SA's British Airways also serves Moscow, while Aeroflot PJSC, Russia's largest airline, and Transaero Airlines, the second-biggest, hold reciprocal rights. A planned merger of the two could allow another Russia operator to start services.

Loading comments for EasyJet to Halt Moscow Flights on Slumping Demand...


Next generation - ATR EVO family to be even more economical and sustainable

ATR announced its plans for the next generation of its best-selling family of regional aircraft by 2030, the ATR ‘EVO’. The plan foresees advanced design features and a new power...

Garmin delivers 750th integrated flight deck upgrade for King Air aircraft

Garmin celebrated the delivery of its 750th G1000®/G1000 NXi integrated flight deck upgrade for King Air aircraft. Certified and introduced in 2007, the G1000 retrofit program modernized...

Wizz Air intents to form a new airline in Malta

Wizz Air announces that based on the ‘Arrangement on Reallocation of Responsibility’ document signed today between the European Union Aviation Safety Agency and the Malta Civil A...

Flexjet is set to almost double its European fleet by the end of 2022

Flexjet is set to almost double its European fleet in the coming months, following a 180% annual uplift in flight activity in the region in the first four months of 2022. Continuing to reinforce...

The drones news