Volotea’s A319s have 11% lower breakeven fare than B717s, RDC shows
As you probably know, Volotea has now ceased using Boeing 717s, marking the end of the type in Europe.
The aircraft played a vital role in the carrier’s initial development, culminating in nearly four million seats by them when A319s entered the scene in 2016.
In 2019, the last ‘proper’ year, Volotea used B717s on over 230 routes, OAG shows. Athens to Santorini was number-one, followed by Naples – Palermo, Athens – Mykonos, Catania – Venice, and Genoa – Naples.
11 countries saw B717 service, with Italy over 2.2 million seats by them – most deployed domestically – against 908,000 for second-placed Greece.
Its B717s were used to 20 Italian airports. Venice was number-one, followed closely by Naples and then Palermo.
The retirement of this aircraft means an all-A319 fleet. And economically speaking, it makes a lot of sense.
Read more: Volotea opens Naples base with two A319s
Volotea A319s for the future – for now
RDC Aviation’s Apex platform highlights the operating cost and breakeven differences between Volotea’s B717s and A319s.
This is based on the carrier’s top B717 route, Athens to Santorini, and uses the current fuel spot price.
Basic airline economics means that the larger the aircraft the higher the trip cost but lower the unit cost. So it is with these types.
While trip costs are obviously higher for the A319, it has 21 more seats over which to spread those costs. This then results in an 11% lower CASK.
Despite having one quarter more seats, the A319’s approximate fuel cost per trip is 3% lower and 22% lower per passenger.
Ultimately, Volotea’s A319s have an estimated 11% – or €4 – lower average fare required to breakeven. Of course, this analysed route is very short – just 218 kilometres – so imagine the lower breakeven when applied to the median length of B717 routes: 856 kilometres.
Revenue-wise at 90% seat factor, Volotea’s average, over 20,000 more passengers could be carried annually.
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RDC provides world-leading aviation data through its online apps, data services and APIs. Its Apex platform delivers airline route performance data (fares, profit, schedules, costs, CO2) while AirportCharges has detailed tariff data for over 3,000 airports as well as global en-route navigation fees and government taxes. Over 250 companies subscribe to RDC’s services; visit their website, www.rdcaviation.com, to find more information and contact details.