Vueling outlines impact of clickair merger
Vueling has increased its passenger numbers by 81% to 10m in the last 12 months since its merger with former rival Spanish carrier clickair.
The airline said 30% of its passengers originated outside Spain, travelling to the country for both leisure and business.
“The merger between Vueling and clickair was accomplished at a very complex time – in the teeth of an unprecedented economic slowdown,†said Vueling CEO Alex Cruz.
“We are pleased to report that the marriage has been successful and has generated business synergies – resulting in a solid, healthy and profitable company in a highly competitive environment.â€
He said in 2009 the airline managed to save €11.4m in cost synergies and plans to increase this to a further €15.5m in 2010.
Vueling’s consolidation following the merger allowed the airline to incorporate two new aircraft to its fleet of Airbus A320s, adding new cities such as Edinburgh.
By Bev Fearis
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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