Monday, March 23, 2009

Arik Air Nigeria

Arik Air of Nigeria has entered into formal talks with India's Kingfisher Airlines to lease out the latter's 2 Airbus A 330-200s to fuel their international expansion. KF has total of 5 A 332s on order of which 3 have been delivered to the carrier and it doesn't see the financial need to integrate the remaining 2 into its fleet for the time being. Arik Air too confirmed that its second and third Airbus A 340-500 will be used to launch new daily nonstop flights from its Lagos hub to New York JFK and JNB-Johannesbourg, South Africa. Its sole A 345 is currently being used on the popular LOS-Heathrow route.


If Arik Air gets 2 A 332s, it should then seriously consider launching daily nonstop flights to JED from LOS as that is a good yielding high density flown route year round. The second A 332 should be used to either launch daily flights to CDG or DXB. From both CDG and DXB, there is decent amount of O&D VFR/business traffic as well as excellent interline opportunities exist with other carriers to tap into.

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