Sunday, 21 February 2010

Isle Air beats Air First as Second Largest IOB Airline

Isle Air takes position as second largest airline in the IOB. Here are its current aircraft and routes:

Boeing 737-500 IA-IA N.B.I.A. – London Stansted
Boeing 737-500 IA-IB N.B.I.A. – Brussels, Manchester, Berlin, Lille
ATR 42-500 IA-IC N.B.I.A. – Leeds Bradford, Edinburgh, Kristiansand
ATR 42-500 IA-ID N.B.I.A. – Oslo, Cologne
ATR 42-500 IA-IE N.B.I.A. – Copenhagen

As part of a restructuring scheme, Isle Air has altered its target customer, changing more to the budget airline industry, slashing fares by an average of 18% on its routes. It has also confirmed it has ordered a further 5 ATR 42-500s direct from the manufacturer, and secured rights for a further 3. The new owner, Mike Dannett, denied however, that Isle Air could be floated on the stock exchange, saying “At the moment a move like this would ruin our infrastructure and the way we operate. We are having to change with the industry, and an internal structure change would only have negative impacts.”

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