British Airways has today announced it is to launch a twice daily service from London Heathrow to Bilbao in the Basque region of Northern Spain.
Bilbao is currently served from London Heathrow by BA’s IAG sibling Vueling. It will move its four weekly flights to London Gatwick.
Flights launch on 29 March 2015.
BA’s flights will initially operate from Heathrow Terminal 1 and will move to Terminal 3 on 30 June 2015.
Flight BA466 London Heathrow – Bilbao Depart 09:20 Arrive 12:20
Flight BA468 London Heathrow – Bilbao Depart 16:05 Arrive 19:05
Flight BA467 Bilbao – London Heathrow Depart 13:05 Arrive 14:00
Flight BA469 Bilbao – London Heathrow Depart 19:40 Arrive 20:35
Whilst a popular leisure destination in its own right (Bilbao is of course home to a Guggenheim museum) we understand the service has been operated to attract corporate clients in the area to BA’s London network and cargo traffic from the port of Bilbao.
International Airlines Group (IAG) has today confirmed that it has secured both firm orders and options for up to 220 Airbus A320 short haul aircraft for its subsidiary airlines British Airways, Iberia and Vueling.
Up to 120 of these aircraft are designated for its short-haul low cost carrier subsidiary Vueling. The new aircraft will enable Vueling to replace some of its existing aircraft and expand its network.
The Vueling order comprises 62 firm orders which include 30 A320ceo and 32 A320neo aircraft and options for a further 58 aircraft. The firm orders will be delivered to Vueling between 2015 and 2020.
Although this gives IAG full control of Vueling for all practical and accounting purposes, the airline group is clearly intent on having 100% ownership of Vueling. On Friday, IAG made a further offer for the remaining 9% of Vueling’s shares listed on the stock exchange in Spain.
As stated before, IAG has been coy about its intentions regarding Vueling, save for stating it will remain a separate subsidiary in the IAG group. However, IAG is clearly very keen on pursuing full ownership and control of the airline.
On the morning of the announcement, as per standard protocol, it held a webcast for analyst and the question and answer session that follows provides a lot of useful insight into current strategic developments at the airline group.
Here is a summary of some points of interest from the call: