newstodate.aero
Feb 21, 2018 (newstodate): The Faroe Islands' national carrier Atlantic Airways is up against a strong competitor in its market - but is ready to tackling the challenges..
After decades with Atlantic Airways as sole provider of air services to and from notably Denmark, SAS entered the market from March 27, 2017, offering 12 weekly rogations with Airbus A320 between Copenhagen Airport and Vagar Airport, thus doubling the volume of air traffic on the trunk line.
-We were, however, fully battle-ready and does actually hold a positive look on the new situation, says Johanna a Bergi, Atlantic Airways CEO.
-The increased traffic has of course led to a stiff competition on rates leading to lower prices, and an increased pressure on profitability. But at the same time this also means more tourists visiting the Faroe Islands which has strongly positive over-all effects.
-Half of our passengers transit through Copenhagen Airport, benefiting from our interline agreement with SAS as well as with other airlines such as British Airways. It is of course a goal for us to land more commercial agreements with airlines to facilitate enhanced travel benefits for our passengers.
-The Faroe Islands is a small market, but we are seeing some 30 percent of our passengers generated from the Faroe Islands, with the other 70 percent generated from markets abroad. It will be difficult to change this ratio significantly.
-We see the general effects from the world's strong economic re-bounce. In 2017, our passenger volumes were up some 20 percent, and we expect a sustained increase in 2018 also, operating flights to 12 destinations of which some are seasonal, says Ms a Berghi.
After decades with Atlantic Airways as sole provider of air services to and from notably Denmark, SAS entered the market from March 27, 2017, offering 12 weekly rogations with Airbus A320 between Copenhagen Airport and Vagar Airport, thus doubling the volume of air traffic on the trunk line.
-We were, however, fully battle-ready and does actually hold a positive look on the new situation, says Johanna a Bergi, Atlantic Airways CEO.
-The increased traffic has of course led to a stiff competition on rates leading to lower prices, and an increased pressure on profitability. But at the same time this also means more tourists visiting the Faroe Islands which has strongly positive over-all effects.
-Half of our passengers transit through Copenhagen Airport, benefiting from our interline agreement with SAS as well as with other airlines such as British Airways. It is of course a goal for us to land more commercial agreements with airlines to facilitate enhanced travel benefits for our passengers.
-The Faroe Islands is a small market, but we are seeing some 30 percent of our passengers generated from the Faroe Islands, with the other 70 percent generated from markets abroad. It will be difficult to change this ratio significantly.
-We see the general effects from the world's strong economic re-bounce. In 2017, our passenger volumes were up some 20 percent, and we expect a sustained increase in 2018 also, operating flights to 12 destinations of which some are seasonal, says Ms a Berghi.