Sat, Jul 04 2009

Spanish low-cost carrier scraps Sofia-Barcelona flight plans

Tue, Feb 05 2008 11:15 CET byAlex Bivol 253 Views

Spanish low-cost airline Clickair has scrapped plans to introduce a regular Sofia-Barcelona flight as part of its cost-cutting push, daily El Pais reported on February 4.

Clickair, partially owned by Spanish national flag carrier Iberia, has dropped a total of eight routes to trim down its flight schedule, choosing to concentrate on its more profitable flights.

Although the Spanish firm has not disclosed its financial data for 2007, it has performed "significantly worse" than expected, El Pais said.

Several low-cost carriers have included Bulgaria in their aggressive expansion plans in recent years, but Clickair, facing strong competition at home and looking to take over a domestic competitor, is one of the first to roll back its plans concerning Bulgaria.

Write comment

Name: Comment:
Send your comment

More in this category

Cosmote Romania buys rival operator for 3G licence

Mobile operator Cosmote Romania agreed the acquisition of smaller local rival Zapp Mobile for 207 million euro on June 30, after months of negotiations.

Nabucco deal to be signed July 13

The intergovernmental agreement for the Nabucco natural gas pipeline will be signed in Ankara on July 13, it emerged on July 3.

Harnessing the wind

Bulgaria has low taxes, low labour costs and a lot of wind – a good combination for any company seeking to develop wind parks.

Creating a future in IT

On June 5 2009, US ambassador Nancy McEldowney launched the first US-Bulgarian partnership dedicated to Information Technology and Innovation.

In neutral gear

Bulgarian car parts manufacturers have been affected by the recession, but are optimistic about their future.

© 2000-2009, Sofia Echo Media Ltd.

Web Design by RIZN

The news and information content on this website is provided by our editorial team and is copyrighted. Any unauthorised reproduction or use of it is strictly forbidden. Reproduction of this website's content is permitted only with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site. Comments posted by the website's visitors are independent of the editorial materials and do not represent the views of sofiaecho.com. Sofia Echo Media cannot be held responsible for the statements contained in visitor comments. The percentаge change in the shares' prices are based on the price of the last transaction of the current session compared to the price of the last transaction of the previous session. Bulgarian Stock Exchange data is not real-time, but updated every 15 minutes, and should not be used as a basis for decisions about buying or selling stock options.