Air Seychelles Explained

Airline:Air Seychelles
Iata:HM
Icao:SEY
Callsign:SEYCHELLES
Alliance:Vanilla Alliance
Fleet Size:7
Destinations:12
Num Employees:650 (2014)
Headquarters:Mahé, Seychelles
Key People:Remco Althuis (CEO)
Revenue: US$ 106.9 million (2014)
Profit: US$ 8.4 million (2022)[1]

Air Seychelles is the national airline of the Republic of Seychelles. Its head office is located at Seychelles International Airport on the island of Mahé and it operates inter-island and international flights and charter flights.

History

Establishment

Seychelles Airlines was formed as the national airline of Seychelles on 15 September 1977 by merging two local carriers: Air Mahé and Inter-Island Airways. It was named Air Seychelles in September 1978.[2] [3] The airline began international routes in 1983 to Frankfurt and London.[4]

Investment

In February 2012, the United Arab Emirates national carrier, Etihad Airways, invested US$45 million in Air Seychelles for a 40% share in the airline following problems of management and profitability. After operating at a loss for two years in a row, Air Seychelles planned to restructure and re-position itself to return to profit. The airline entered into codeshare agreements with Etihad Airways and started flying to Abu Dhabi in March 2012 to connect to Etihad Airways' network of destinations.[5]

On 16 March 2012, Air Seychelles announced a two-year business plan including the renewal of its fleet, leveraging Etihad Airways equity partnership – known as Etihad Airways Partners (which also includes Alitalia, Air Serbia and Virgin Australia), the introduction of Airbus A330−200 aircraft after over two decades of an all-Boeing fleet, increased frequencies to key destinations, and closer cooperation with Etihad Airways.

On 12 March 2015, Air Seychelles released their results for 2014, declaring US$3.2 million in net profits.

Restructuring

In January 2018, Air Seychelles announced the closure of its sole long-haul route (Paris), the return of its two Airbus A330 long-haul aircraft, and a focus on its regional network.[6] The plan is aimed at ensuring the long-term profitability and sustainability for the airline, in response to rapidly increasing competition. Remco Althuis, Interim CEO, said, 'The launch of competing air services from Europe to Seychelles will significantly impact Air Seychelles' flights to and from Paris, which account for approximately 30% of total passenger revenue at the airline, making the route unsustainable.' The airline will refocus on its domestic and regional networks, with a reduced workforce.[7]

Corporate affairs

Ownership

Air Seychelles was established and originally owned by the Government of Seychelles, having purchased and merged several small aircraft operators into one airline. Following problems of management and profitability, Etihad Airways acquired a 40 percent stake in Air Seychelles in 2012, in a deal worth $45m.On 1 May 2021 it was announced Etihad Airways sold its 40% stake back to the Government of Seychelles.[8]

Business trends

The key trends for Air Seychelles over recent years are shown below (as at year ending 31 December):

2012201320142015201620172018
Turnover (US$m)42.888.7106.9105.4
Net Profits (US$m)1.13.03.22.1
Number of employees (at year end)536629650727787725
Number of passengers (000s)241352412523550455
Passenger load factor (%)506066
Number of aircraft (at year end) 10107
Notes/sources[9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19]

Services

Air Seychelles VIP is a specialised facility offering services for VIP passengers, aircraft crew and aeronautical technical support, including fixed-base operation which is managed in conjunction with Royal Jet.[20]

The Air Seychelles Plus Programme has been fully integrated into Etihad Guest, the loyalty programme of Etihad Airways, since June 2012.[21]

Destinations

, Air Seychelles serves the following destinations:

CountryCity/LocalityAirportNotesRef
IndiaMumbaiChhatrapati Shivaji Maharaj International Airport[22]
IsraelTel AvivBen Gurion Airport[23]
KazakhstanAlmatyAlmaty International Airport
MadagascarAntananarivoIvato International Airport[24]
MauritiusPort LouisSir Seewoosagur Ramgoolam International Airport
SeychellesBird IslandBird Island Airport[25]
Denis IslandDenis Island Airport
D'Arros IslandD'Arros Island Airport
MahéSeychelles International Airport
PraslinPraslin Island Airport
South AfricaJohannesburgO. R. Tambo International Airport
Sri LankaColomboBandaranaike International Airport[26]
United Arab EmiratesAbu DhabiAbu Dhabi International Airport

Codeshare agreements

Air Seychelles has codeshare agreements with the following airlines:[27]

Fleet

Current fleet

, the Air Seychelles fleet comprises the following aircraft:[30]

Air Seychelles fleet
AircraftIn ServiceOrdersPassengersNotes
JYTotal
Airbus A320neo2[31] - 12156168[32]
Viking Air DHC-6-400 Twin Otter5 -  - 1919
Total7

Livery

In October 2011, after nearly 25 years in their livery using traditional red, white and green local colours with two white terns (Gygis alba, the national bird of Seychelles), Air Seychelles painted its first Boeing 767-300ER aircraft in the company's new colours. The colours used on the tail end are blue, green, red and white.

Further reading

External links

Notes and References

  1. "Air Seychelles achieves a profit of USD 8.4 million in 2022". 2023-07-25. en. 2023-07-28.
  2. Web site: 9/15/1977: Air Seychelles Is Formed . 2024-09-18 . airwaysmag.com.
  3. Web site: 2015-03-02 . History . 2024-09-18 . Air Seychelles . en.
  4. Web site: History. 2015-03-02. Air Seychelles. en. 2020-05-26.
  5. Web site: Air Seychelles profits from successful expansion strategy . 10 April 2014 . 16 May 2015.
  6. https://centreforaviation.com/news/air-seychelles-announces-business-transformation-plan-to-safeguard-long-term-profitability-760361 centreforaviation.com - Air Seychelles to suspend services and restructure fleet under strategic transformation plan
  7. Air Seychelles announces business transformation plan to safeguard long-term profitability . 23 January 2018 . 24 January 2018 . Air Seychelles.
  8. News: Etihad divests full stake in Air Seychelles . 2021-05-01. 2021-05-02.
  9. Web site: Air Seychelles profits from successful expansion strategy. 10 April 2014. 17 May 2015.
  10. Web site: Press release - Air Seychelles posts second consecutive year of net profitability. 10 April 2014. 17 May 2015.
  11. Web site: Press release - Air Seychelles posts third consecutive year of net profitability. 12 March 2015. 17 May 2015.
  12. Web site: Our Fleet. 17 May 2015. https://web.archive.org/web/20160226002312/https://www.airseychelles.com/en/creole-experience/our-fleet. 26 February 2016. dead.
  13. Web site: Air Seychelles posts 6.6% rise in net profit. 12 March 2015. 17 May 2015.
  14. Web site: Air Seychelles records profitability in 2015. 3 May 2016. 15 July 2019.
  15. Web site: Air Seychelles honours long-serving staff at special awards ceremony. 29 January 2017. 16 July 2019.
  16. Web site: Air Seychelles celebrates new passenger record of 550,000. 30 December 2016. 16 July 2019.
  17. Web site: Air Seychelles Announces Radical Transformation, Cancels Longhaul Flights. 23 January 2018. 16 July 2019.
  18. Web site: Air Seychelles celebrates the achievement of its Seychellois female workforce on International Women's Day. 8 March 2019. 18 July 2019. 2 January 2023. https://web.archive.org/web/20230102092504/https://www.airseychelles.com/en-it/about-us/news/2019/03/air-seychelles-celebrates-achievement-its-seychellois-female-workforce. dead.
  19. Web site: Air Seychelles ground handling and cargo business record strong performance in 2018. 13 March 2019. 18 July 2019. 2 January 2023. https://web.archive.org/web/20230102092536/https://www.airseychelles.com/en-it/about-us/news/2019/03/air-seychelles-ground-handling-and-cargo-business-record-strong-performance. dead.
  20. https://www.airseychelles.com/de/kreolische-erlebnis/vip-services airseychelles.com - Air Seychelles VIP
  21. Web site: Our loyalty programme. 2015-03-13. Air Seychelles. en. 2020-05-26.
  22. Web site: Route Map. Air Seychelles. https://web.archive.org/web/20230415121402/https://www.airseychelles.com/portals/files/routemap/air-seychelles-routemap.pdf. 15 April 2023.
  23. News: המגמה נמשכת: גם אייר סיישל חוזרת לישראל . 28 November 2024 . פספורטניוז . PassportNews . 28 November 2024 . he.
  24. Web site: Air Seychelles to operate seasonal flights to Antananarivo. 13 February 2019. Air Seychelles. 14 February 2019. 2 January 2023. https://web.archive.org/web/20230102091500/https://www.airseychelles.com/en/about-us/news/2019/02/air-seychelles-operate-seasonal-flights-antananarivo. dead.
  25. Web site: Timetables . publisher . 18 December 2017 . 2 January 2023 . https://web.archive.org/web/20230102091500/https://www.airseychelles.com/en/plan-and-book/timetable . dead .
  26. Web site: Air Seychelles to fly to Colombo, Sri Lanka. airseychelles.com. 11 April 2023 . 13 April 2023.
  27. Web site: Codeshare Partners . Air Seychelles . 16 September 2020 . 2 January 2023 . https://web.archive.org/web/20230102091501/https://www.airseychelles.com/en/about-us/codeshare-partners . dead .
  28. Web site: Air Seychelles / SriLankan Airlines Begins Codeshare Service From May 2024.
  29. Web site: Air Seychelles / Turkish Airlines Begins Codeshare Service From Jan 2023.
  30. Web site: Our Fleet. 5 February 2019. Air Seychelles. https://web.archive.org/web/20191012191704/https://www.airseychelles.com/en/about-us/our-fleet. 12 October 2019. live.
  31. Web site: Air Seychelles takes delivery of maiden A320neo. 2019-08-01. ch-aviation.com. 2019-09-19. live. https://web.archive.org/web/20190802010513/https://www.ch-aviation.com/portal/news/80374-air-seychelles-takes-delivery-of-maiden-a320neo. 2019-08-02.
  32. Web site: Air Seychelles Celebrates The Arrival Of Africa's First A320Neo On Hometurf. 2019-08-02. airseychelles.com. 2019-08-19. live. https://web.archive.org/web/20190808063315/https://www.airseychelles.com/en-ae/about-us/news/2019/08/air-seychelles-celebrates-arrival-africa%E2%80%99s-first-a320neo-hometurf. 2019-08-08.

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