Nordic Regional Airlines: Difference between revisions
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The airline was announced on 1 July 2011, when Flybe and Finnair revealed plans to jointly purchase [[Finncomm Airlines|Finnish Commuter Airlines]] (FCA) and rebrand the airline Flybe Nordic, with Flybe and Finnair each holding a stake in the new entity.<ref name="fg">{{cite web | url=http://www.flightglobal.com/articles/2011/07/01/359046/new-nordic-carrier-to-emerge-from-flybe-finnair-tie-up.html | title=New Nordic carrier to emerge from Flybe-Finnair tie-up | publisher=Flightglobal.com | date=1 July 2011 | accessdate=5 July 2011 | archiveurl=http://www.webcitation.org/5zwHAPGDW | archivedate=4 July 2011}}</ref> Under the terms of the agreement, contingent on approval by regulatory authorities, the purchase price of FCA was [[euro|€]]25 million, of which Flybe would pay €12 million and Finnair €13 million.<ref name="aw"/> Flybe is to have a majority stake in Flybe Nordic, holding a 60% stake in the airline, with Finnair holding the remaining 40%; Flybe will have three seats on the new airline's board of directors with Finnair having the other two.<ref name="aw">{{cite web | url=http://www.aviationweek.com/aw/generic/story.jsp?id=news/awx/2011/07/01/awx_07_01_2011_p0-343318.xml&headline=Flybe,%20Finnair%20To%20Acquire%20A%20Nordic%20Airline%20&channel=comm | title=Flybe, Finnair To Acquire A Nordic Airline | publisher=Aviation Week | date=1 July 2011 | accessdate=5 July 2011}}</ref> Flybe planned to invest a total of €23.6 million into the new airline, including expenses such as loan repayments in addition to the purchase price of FCA.<ref>{{cite web | url=http://uk.reuters.com/article/2011/07/01/finncomm-finnair-idUKLDE76006820110701 | title=UPDATE 2-Finnair, Flybe to buy Finnish regional carrier | publisher=Reuters UK | date=1 July 2011 | accessdate=4 July 2011 | archiveurl=http://www.webcitation.org/5zwIBfOif | archivedate=4 July 2011}}</ref> |
The airline was announced on 1 July 2011, when Flybe and Finnair revealed plans to jointly purchase [[Finncomm Airlines|Finnish Commuter Airlines]] (FCA) and rebrand the airline Flybe Nordic, with Flybe and Finnair each holding a stake in the new entity.<ref name="fg">{{cite web | url=http://www.flightglobal.com/articles/2011/07/01/359046/new-nordic-carrier-to-emerge-from-flybe-finnair-tie-up.html | title=New Nordic carrier to emerge from Flybe-Finnair tie-up | publisher=Flightglobal.com | date=1 July 2011 | accessdate=5 July 2011 | archiveurl=http://www.webcitation.org/5zwHAPGDW | archivedate=4 July 2011}}</ref> Under the terms of the agreement, contingent on approval by regulatory authorities, the purchase price of FCA was [[euro|€]]25 million, of which Flybe would pay €12 million and Finnair €13 million.<ref name="aw"/> Flybe is to have a majority stake in Flybe Nordic, holding a 60% stake in the airline, with Finnair holding the remaining 40%; Flybe will have three seats on the new airline's board of directors with Finnair having the other two.<ref name="aw">{{cite web | url=http://www.aviationweek.com/aw/generic/story.jsp?id=news/awx/2011/07/01/awx_07_01_2011_p0-343318.xml&headline=Flybe,%20Finnair%20To%20Acquire%20A%20Nordic%20Airline%20&channel=comm | title=Flybe, Finnair To Acquire A Nordic Airline | publisher=Aviation Week | date=1 July 2011 | accessdate=5 July 2011}}</ref> Flybe planned to invest a total of €23.6 million into the new airline, including expenses such as loan repayments in addition to the purchase price of FCA.<ref>{{cite web | url=http://uk.reuters.com/article/2011/07/01/finncomm-finnair-idUKLDE76006820110701 | title=UPDATE 2-Finnair, Flybe to buy Finnish regional carrier | publisher=Reuters UK | date=1 July 2011 | accessdate=4 July 2011 | archiveurl=http://www.webcitation.org/5zwIBfOif | archivedate=4 July 2011}}</ref> |
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At the time of the announcement of Flybe Nordic's creation, Flybe planned to begin operating the new airline on 1 August 2011, with the FCA name being phased out |
At the time of the announcement of Flybe Nordic's creation, Flybe planned to begin operating the new airline on 1 August 2011, with the FCA name being phased out,<ref name="fg"/> though the start date was later pushed back to 30 October.<ref>{{cite web | url=http://www.scandasia.com/viewNews.php?news_id=9347&coun_code=se | title=Flybe Nordic Starts Operating 30 October | publisher=Scandasia.com | date=25 August 2011 | accessdate=25 August 2011 | archiveurl=http://www.webcitation.org/61DCUNnOw | archivedate=25 August 2011}}</ref> A new route network was also planned to be announced in mid-August.<ref name="aw"/> |
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==Fleet== |
==Fleet== |
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Revision as of 22:42, 25 August 2011
| File:Flybe logo.svg | |||||||
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| Founded | 2011 | ||||||
|---|---|---|---|---|---|---|---|
| Hubs | Helsinki-Vantaa Airport | ||||||
| Fleet size | 15 (+3 orders) | ||||||
| Destinations | 23 | ||||||
| Parent company | Flybe Nordic (Finnair Oyj 40%, Flybe Group Plc 60%) | ||||||
| Headquarters | Seinäjoki Airport Ilmajoki, Finland | ||||||
| Website | www.fc.fi | ||||||
Flybe Nordic is an airline, jointly owned by Flybe and Finnair, and planned to start operations on 30 October 2011.
History
The airline was announced on 1 July 2011, when Flybe and Finnair revealed plans to jointly purchase Finnish Commuter Airlines (FCA) and rebrand the airline Flybe Nordic, with Flybe and Finnair each holding a stake in the new entity.[1] Under the terms of the agreement, contingent on approval by regulatory authorities, the purchase price of FCA was €25 million, of which Flybe would pay €12 million and Finnair €13 million.[2] Flybe is to have a majority stake in Flybe Nordic, holding a 60% stake in the airline, with Finnair holding the remaining 40%; Flybe will have three seats on the new airline's board of directors with Finnair having the other two.[2] Flybe planned to invest a total of €23.6 million into the new airline, including expenses such as loan repayments in addition to the purchase price of FCA.[3]
At the time of the announcement of Flybe Nordic's creation, Flybe planned to begin operating the new airline on 1 August 2011, with the FCA name being phased out,[1] though the start date was later pushed back to 30 October.[4] A new route network was also planned to be announced in mid-August.[2]
Fleet
Flybe Nordic will begin operations with nine ATR 72s previously operated by FCA, as well as four ATR 42s and two Embraer 170s, with three ATR 72s on order.[1] The ATR 72s will be owned by Finnair, which plans to buy them from FCA at a cost of €104 million, and leased to Flybe Nordic, as will the Embraer 170s, previously owned by Finnair.[1] The ATR 42s will be owned by Finncomm, FCA's parent company, and also leased to Flybe Nordic.[1] Not yet information about painting.
Flybe Nordic fleet includes the following aircraft (as of 25 August 2011):[5]
| Aircraft | In Fleet | Orders | Passengers |
|---|---|---|---|
| ATR 42-500 | 4 | 0 | 48 |
| ATR 72-500 | 9 | 3 | 68–72 |
| Embraer E170 | 2 | 0 | 76 |
| Total | 15 | 3 |
References
- ^ a b c d e "New Nordic carrier to emerge from Flybe-Finnair tie-up". Flightglobal.com. 1 July 2011. Archived from the original on 4 July 2011. Retrieved 5 July 2011.
- ^ a b c "Flybe, Finnair To Acquire A Nordic Airline". Aviation Week. 1 July 2011. Retrieved 5 July 2011.
- ^ "UPDATE 2-Finnair, Flybe to buy Finnish regional carrier". Reuters UK. 1 July 2011. Archived from the original on 4 July 2011. Retrieved 4 July 2011.
- ^ "Flybe Nordic Starts Operating 30 October". Scandasia.com. 25 August 2011. Archived from the original on 25 August 2011. Retrieved 25 August 2011.
- ^ Finncomm Airlines Destinations
