newstodate.aero
Jan 31, 2019 (newstodate): The Flight Compensation Regulation 261 is a regulation in EU law establishing common rules on compensation and assistance to passengers in the event of denied boarding, flight cancellations, or long delays of flights.
Conceived to support passenger claims against scheduled carriers in cases of overbooking or flight delays, the EU 261 takes a toll also on charter carriers operating on entirely different conditions.
This has caused the Danish carrier DAT to leave the charter market entirely by the completion of this year's contracts.
Another Danish carrier, Jet Time that is also active in the ACMI market takes a different stand.
-Profit margins in the leisure market are thin, so for a carrier like Jet Time volume is crucial to secure sufficient bottom-line results. This is a key driver in our Business 2020 plan and we are progressing in this respect, says Birgit Madsen, Jet Time VP Management Support.
-For Jet Time, the basis is a focus on passenger traffic where service profile, OTP and partner relations are of fundamental importance. Add to this a single-type fleet of Boeing 737 aircraft securing high flexibility and low complexity in operations.
-Jet Time's operations are based on just one AOC, and our production is unchanged where we operate on charter or ACMI contracts.
-EU 261 costs are indeed a burden on our business model to be included in budgets. However, the crux is to secure all pertinent documentations in case of delays to prove that all remedial actions have been taken to minimize the effect on the passengers, says Mr Madsen.
Conceived to support passenger claims against scheduled carriers in cases of overbooking or flight delays, the EU 261 takes a toll also on charter carriers operating on entirely different conditions.
This has caused the Danish carrier DAT to leave the charter market entirely by the completion of this year's contracts.
Another Danish carrier, Jet Time that is also active in the ACMI market takes a different stand.
-Profit margins in the leisure market are thin, so for a carrier like Jet Time volume is crucial to secure sufficient bottom-line results. This is a key driver in our Business 2020 plan and we are progressing in this respect, says Birgit Madsen, Jet Time VP Management Support.
-For Jet Time, the basis is a focus on passenger traffic where service profile, OTP and partner relations are of fundamental importance. Add to this a single-type fleet of Boeing 737 aircraft securing high flexibility and low complexity in operations.
-Jet Time's operations are based on just one AOC, and our production is unchanged where we operate on charter or ACMI contracts.
-EU 261 costs are indeed a burden on our business model to be included in budgets. However, the crux is to secure all pertinent documentations in case of delays to prove that all remedial actions have been taken to minimize the effect on the passengers, says Mr Madsen.