Cathy Buyck

Cathy Buyck
Brussels Bureau Chief,
Aviation Week & Space Technology

Based in Brussels, Cathy covers European regulatory affairs, commercial air transport and MRO. Most recently, she was senior analyst for CAPA – Centre for Aviation. Prior, Cathy was Air Transport World's European Editor/Bureau Chief, leading ATW's Europe, Middle East and African coverage for the magazine and the daily online news. She also contributed to ATW’s numerous newsletters and was responsible for ATW’s annual World Airport Report.
 
She won the 2010/11 European Regions Airline Association (ERAA) Hank McGonagle Journalism Award for a two-part article on the inclusion of aviation in the European ETS and was shortlisted several times for the Royal Aeronautical Society Aerospace Journalist of the Year in the Air Transport and Best Strategy/ Finance category. In 2005, she was awarded the ATW Publisher’s Award. Cathy served as president of the Aviation Press Club (Belgium) for many years. She started her career as a journalist working for Belgium’s leading business magazine Trends. Cathy holds a Masters in Modern History from the KULeuven, Belgium, with distinction.
 

Articles
SAS Concludes Sale And Leaseback For New A330s 

SAS has secured financing for four Airbus A330-300Es, which are part of its planned widebody fleet renewal and growth.

The Scandinavian airline group signed of a sale-and-leaseback agreement with the Chinese bank Bocomm for the four aircraft. This is SAS’s first large agreement with a Chinese counterpart. “Bocomm will become a very good partner for SAS,” SAS Group Executive Vice President and CFO, Göran Jansson, said. 

Ryanair Ups Competitive Pressure On Aer Lingus 

Ryanair is stepping up direct competition with Aer Lingus, in which it still holds a near 30% stake, and will start operating a multiple daily return from Dublin to Brussels Airport (BRU). 

Aer Lingus is currently the only operator on the route.

Pegasus Reports Loss As It Fends Off Competition 

Pegasus Airlines expects to continue its high-passenger growth both in the international and domestic markets, but the profitability of Turkey’s largest privately-owned airline has deteriorated and the first-half through June was loss-making.  The aggressive network expansion and increased competition of rival Turkish Airlines at Pegasus’s main hub of Istanbul’s Sabiha Gokcen airport put pressure on Pegasus’s fares.

Long-Haul Ticket Prices In France Fall But Short-Haul Fares Rise 

Fares in France declined in the first seven months from last year, including a year-over-year decline of ticket prices in July.

Ticket prices for flights from France, domestic and international, inched down 0.4% in July and fell 0.9% in the first seven months, according to France’s Direction Générale de l’Aviation Civile (DGAC). Data are for fares for return tickets from France (mainland and overseas territories) including all taxes, fees and charges, offered by over 50 airlines.

Ryanair Ups Competitive Pressure On Aer Lingus 
Ryanair will also enter other key Aer Lingus routes such as Lisbon, Nice, Prague and Glasgow International as part of its extended winter 2014-15 schedule at Dublin airport (DUB).
SAS Concludes Sale And Leaseback For New A330s 
The Scandinavian airline group signed of a sale-and-leaseback agreement with the Chinese bank Bocomm for the four aircraft. This is SAS’s first large agreement with a Chinese counterpart.
Long-Haul Ticket Prices In France Fall But Short-Haul Fares Rise 
Ticket prices for flights from France, domestic and international, inched down 0.4% in July and fell 0.9% in the first seven months, according to France’s Direction Générale de l’Aviation Civile (DGAC). Data are for fares for return tickets from France (mainland and overseas territories) including all taxes, fees and charges, offered by over 50 airlines.
Amsterdam Schiphol Airport To Build New Terminal; Committed To Lelystad 

Schiphol Group is firming up plans to build a new terminal and pier at Amsterdam Schiphol airport (AMS) while awaiting final governmental authorization for the development of nearby Lelystad airport (LEY) as a twin gateway to AMS.

The Netherlands’ Minister of Transport and Environment is expected to issue the airport decree required to undertake the intended development and operation of Lelystad airport in November.

Monarch Airlines To Abandon Charter Operations And Long-Haul 
The U.K. airline will also close one of its six U.K. bases next year.
Air Arabia Quarterly Profit More Than Doubles 

United Arab Emirates (UAE) low-cost carrier Air Arabia managed to significantly improve performance and recorded a 128% increase of its net profit in the second quarter, in spite of the aggressive fleet and network expansion of neighboring rival flydubai.

Amsterdam Schiphol Airport To Build New Terminal; Committed To Lelystad Airport 
The Netherlands’ Minister of Transport and Environment is expected to issue the airport decree required to undertake the intended development and operation of Lelystad airport in November.
Finnair Launches ‘Economy Comfort’ On Long-Haul 

Finnair is introducing an “economy comfort” product as part of the ongoing cabin upgrades of its Airbus widebody fleet and this fall will begin unbundling services on short-haul routes, with the introduction of paid-for meals in economy.

Finnair also revealed its initial Airbus A350 routes and said it will deploy the aircraft, for which it is European-launch customer, on services to Bangkok, Beijing and Shanghai from the second half of 2015. The Oneworld carrier will subsequently roll out the aircraft on its Hong Kong and Singapore services in 2016.

Pegasus Airlines Posts First-Half Loss 
Operating loss for the first six months of the year was TRY23.7 million (U.S.$11 million), compared to a profit of TRY101 million in the year-ago period and net loss amounted to TRY15.4 million, reversed from a TRY44.1 million net profit last year.
Monarch Group Undertakes Strategic Review 

Monarch Group has launched a strategic review of its capital structure and business, less than one month after committing to an order for 30 Boeing 737 MAX 8 aircraft and options on a further 15 aircraft.

The privately held U.K.-based group said the review covers all areas of the business, from operations to ownership and financing, “with the objective of determining the optimum structure to realize the significant opportunity to build on the respected Monarch brand and distinctive offer to its customers in the budget airline market.”

Finnair Launches “Economy Comfort” on Long-Haul, Adopts Unbundling On Short-Haul 
Finnair also revealed its initial Airbus A350 routes and said it will deploy the aircraft, for which it is European-launch customer, on services to Bangkok, Beijing and Shanghai from the second half of 2015. The Oneworld carrier will subsequently roll out the aircraft on its Hong Kong and Singapore services in 2016.
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