New low-fares airline to take wing from Shannon (& Belfast)
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New low-fares airline to take wing from Shannon (& Belfast)
From The Sunday Business Post (IRL) 18th Sept 2005
New low-fares airline to take wing from Shannon
18 September 2005 By Ed Micheau
The Irish airline market is set to become more competitive with the establishment of a new low-fares airline in 2006, The Sunday Business Post has learned.
The unnamed airline is expected to operate cheap flights out of Belfast and Shannon to destinations in southern and eastern Europe, targeting both the holiday and immigrant markets. It may also operate routes out of Dublin, Cork and London.
The venture is the brainchild of David Keys, a low-profile Belfast-based entrepreneur in his mid-twenties. Keys, who is expected to be a majority shareholder in the business, is believed to have secured the financial backing of a wealthy Irish businessman.
An unnamed former director of Ryanair is believed to have accepted the post as chairman of the new airline, which will lease several Airbus aircraft to get the business off the ground.
Keys is believed to have extensive commercial property interests in Ireland and Europe. He is behind the successful Northern website commercialpropertyni.com
A new entrant to the Irish market is more good news for consumers after Ryanair last week confirmed that it had made Cork its 15th European base. The airline will operate three flights daily from Cork to Dublin and twice a day from Cork to London Gatwick.
Ryanair is planning to fly four million passengers in and out of Cork by 2010. It also announced a new route to Malaga from Shannon, where it now operates 17 routes.
New low-fares airline to take wing from Shannon
18 September 2005 By Ed Micheau
The Irish airline market is set to become more competitive with the establishment of a new low-fares airline in 2006, The Sunday Business Post has learned.
The unnamed airline is expected to operate cheap flights out of Belfast and Shannon to destinations in southern and eastern Europe, targeting both the holiday and immigrant markets. It may also operate routes out of Dublin, Cork and London.
The venture is the brainchild of David Keys, a low-profile Belfast-based entrepreneur in his mid-twenties. Keys, who is expected to be a majority shareholder in the business, is believed to have secured the financial backing of a wealthy Irish businessman.
An unnamed former director of Ryanair is believed to have accepted the post as chairman of the new airline, which will lease several Airbus aircraft to get the business off the ground.
Keys is believed to have extensive commercial property interests in Ireland and Europe. He is behind the successful Northern website commercialpropertyni.com
A new entrant to the Irish market is more good news for consumers after Ryanair last week confirmed that it had made Cork its 15th European base. The airline will operate three flights daily from Cork to Dublin and twice a day from Cork to London Gatwick.
Ryanair is planning to fly four million passengers in and out of Cork by 2010. It also announced a new route to Malaga from Shannon, where it now operates 17 routes.
Is this anything to do with Exxavia, the proposed new operator, formed by Irish tour operator Aviajet?
jethro
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jethro
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PJ strikes again..
I'm guessin that this former ryanair guy is none other than Eujet's former big cheese Pj Mc G. He's been actively pursuing a new venture after several knock backs and if it is him then it now seems that the big PyJamas is about to strike again..oh dear!!!
T+
...and another thing, it was published in the Indo today that Dermot Desmond, one of the wealthiest men in ireland ( no he didn\'t win euromillions), has announced that he is to launch an airline that he hopes will eventually be a rival to that of Ryanair. I\'m sure MOL is quaking. I wonder if these airlines might be one and the same??
T+
T+
...and another thing, it was published in the Indo today that Dermot Desmond, one of the wealthiest men in ireland ( no he didn\'t win euromillions), has announced that he is to launch an airline that he hopes will eventually be a rival to that of Ryanair. I\'m sure MOL is quaking. I wonder if these airlines might be one and the same??
T+
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Re: New low-fares airline to take wing from Shannon (& Belfast)
wasn't this the one allegedly link to Dermot Desmond which he then denied?
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Re: New low-fares airline to take wing from Shannon (& Belfast)
another few words in the sunday business post last month.
By the way, this guy is 25 years old. Another Martin Halstead?
http://archives.tcm.ie/businesspost/...tory10357.asp#
_______________________________________
Avoiding Ryanair key to take-off for new airline
Sunday, December 11, 2005 - By Eamon Quinn
Belfast entrepreneur David Keys has said he is on course to launch his new Irish airline in late January and that he has secured full private funding for the venture.
Keys plans to name a chairman of the new airline, and to have appointed operational executives, in the next few weeks.
The launch of the airline, however, will be on a more modest scale than has been speculated and will avoid coming up against established Ryanair and easyJet routes into Britain and mainland Europe.
Press reports had suggested the airline would use ten Airbus aircraft to fly out of Belfast and Dublin, but it appears that the company will - at the start at least - be launched on a less ambitious scale.
It is understood that Keys, will use an operating company and not lease planes. “Obviously we have the planes in place,” he told the Sunday Business Post.
The main financial backers of the venture remain secret but they are expected to be named when Keys appoints a chairman.
Keys has said he will avoid routes out of Ireland, including Shannon, in which he would come up against Ryanair. He will fly into mainland Europe.
“I respect Ryanair and I respect Michael O'Leary. There is no better man in business.
“He's a real icon,” Keys said. “I do not want to tread on his toes and essentially we will not go head to head.”
The new airline will fly mainly out of Belfast and will, in time, launch out of Dublin “but not immediately'‘, he said.
Keys has no obvious background in aviation. His family is involved in commercial property in the North and in other areas and he partly owns the commercial property website, www.commercialpropertyni.com
Writing on an internet aviation forum in recent weeks, Keys said his launch would be successful.
“The only way we can successfully move forward in the aviation industry is to learn from other people's mistakes,” he wrote.
By the way, this guy is 25 years old. Another Martin Halstead?
http://archives.tcm.ie/businesspost/...tory10357.asp#
_______________________________________
Avoiding Ryanair key to take-off for new airline
Sunday, December 11, 2005 - By Eamon Quinn
Belfast entrepreneur David Keys has said he is on course to launch his new Irish airline in late January and that he has secured full private funding for the venture.
Keys plans to name a chairman of the new airline, and to have appointed operational executives, in the next few weeks.
The launch of the airline, however, will be on a more modest scale than has been speculated and will avoid coming up against established Ryanair and easyJet routes into Britain and mainland Europe.
Press reports had suggested the airline would use ten Airbus aircraft to fly out of Belfast and Dublin, but it appears that the company will - at the start at least - be launched on a less ambitious scale.
It is understood that Keys, will use an operating company and not lease planes. “Obviously we have the planes in place,” he told the Sunday Business Post.
The main financial backers of the venture remain secret but they are expected to be named when Keys appoints a chairman.
Keys has said he will avoid routes out of Ireland, including Shannon, in which he would come up against Ryanair. He will fly into mainland Europe.
“I respect Ryanair and I respect Michael O'Leary. There is no better man in business.
“He's a real icon,” Keys said. “I do not want to tread on his toes and essentially we will not go head to head.”
The new airline will fly mainly out of Belfast and will, in time, launch out of Dublin “but not immediately'‘, he said.
Keys has no obvious background in aviation. His family is involved in commercial property in the North and in other areas and he partly owns the commercial property website, www.commercialpropertyni.com
Writing on an internet aviation forum in recent weeks, Keys said his launch would be successful.
“The only way we can successfully move forward in the aviation industry is to learn from other people's mistakes,” he wrote.
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Re: New low-fares airline to take wing from Shannon (& Belfast)
Why does anyone want to start another airline, LOCO or otherwise, they won't make money not in the overcrowded marketplace we have today, and who are these so called financiers who are frankly mad enough to back such a venture !!
Sorry but I'm a little bitter and twisted.
Sorry but I'm a little bitter and twisted.
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Re: New low-fares airline to take wing from Shannon (& Belfast)
Anyone that has managed to make enough money to do it in the first place would hardly be stupid enough to try. Whilst I would be all in favour of providing some competition to Ryanair on the job market in Ireland, they would be killed in weeks by FR, EI and EZY competition.
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Re: New low-fares airline to take wing from Shannon (& Belfast)
the article says David Keys is 'on course to launch his new Irish airline in late January'. Doesn't say what year though.
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Re: New low-fares airline to take wing from Shannon (& Belfast)
hi toollonggone, welcome to the pprune.
Are you David Keys? I may be adding 2+2, but you just joined today, and are justifying this guy (in not too much of a capacity) and David Keys (you?) have been known to defend yourself on online forums (note the Sunday Business Post Article of 11 December 2005, and http://www.ifsd.ie/forum/topic.asp?TOPIC_ID=7109 )
Are you David Keys? I may be adding 2+2, but you just joined today, and are justifying this guy (in not too much of a capacity) and David Keys (you?) have been known to defend yourself on online forums (note the Sunday Business Post Article of 11 December 2005, and http://www.ifsd.ie/forum/topic.asp?TOPIC_ID=7109 )
