Air Europa: Madrid - Santiago - Madr

NALs

Economist by Profession
Jan 20, 2003
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Maybe no one noticed, but Air Europa made its first commercial flight from Madrid, Spain to Santiago. The aurplane was welcomed by quite an event that included the president of the country. The first person to walk down the stairs from the airplane is the Spanish president of Air Europa (who has placed all his eggs in 2 countries: Spain and the DR; he’s also into hotels/resorts, residential construction in Boca Chica, etc.) He is a billionaire, but started very humble as a broke taxi driver in Spain.

 

NALs

Economist by Profession
Jan 20, 2003
13,801
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The owners of Cibao Airport were actively trying to get Air Europa to have a flight or two to Madrid. They went as far as to get help from the Dominican government to make that happen and the government agreed to pay the airline the seats that aren’t bought in order to ensure the flights will be profitable, at least in the beginning. If it wasn’t for the DR government getting involved, I doubt they would had ever flown to Santiago.

The airline is guaranteed to make a profit on every flight in the Madrid - Santiago - Madrid routes. In a way this is like when the current Cibao Airport was built. The owners were expecting that the airport would serve mostly Cibao farmers, free trade zones and other factories that export. They never thought there was a Dominican passenger demand, except that the Dominican diaspora in and around NYC has a large presence of families from the Cibao region. Further back in time it was even more. That’s one of the reason on average the Dominican population in and around NYC is lighter than much of the Dominican population in the DR. You also see this when things such as a Dominican parade takes place and notice the spectator who are mostly Dominicans.* They were surprised with the Dominican passengers response to the Cibao Airport and to this day most of its flights are to NYC. That happened by chance, but usually private business isn’t aware of the latent demand and only gets involved when the government enters and guarantee them to make money at first. Then they notice what they didn’t before.

* Any New Yorker that has been living in the city since the 1960’s or 1970’s will confirm that on average Dominicans arriving to NYC were lighter and have been getting darker as tine went on. It was also very rare to see a black Dominican in places like Washington Heights in the 90’s, when it already was the cornerstone of the Dominican community.
 

Riva_31

Bronze
Apr 1, 2013
2,582
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San Pedro de Macoris
The owners of Cibao Airport were actively trying to get Air Europa to have a flight or two to Madrid. They went as far as to get help from the Dominican government to make that happen and the government agreed to pay the airline the seats that aren’t bought in order to ensure the flights will be profitable, at least in the beginning. If it wasn’t for the DR government getting involved, I doubt they would had ever flown to Santiago.

The airline is guaranteed to make a profit on every flight in the Madrid - Santiago - Madrid routes. In a way this is like when the current Cibao Airport was built. The owners were expecting that the airport would serve mostly Cibao farmers, free trade zones and other factories that export. They never thought there was a Dominican passenger demand, except that the Dominican diaspora in and around NYC has a large presence of families from the Cibao region. Further back in time it was even more. That’s one of the reason on average the Dominican population in and around NYC is lighter than much of the Dominican population in the DR. You also see this when things such as a Dominican parade takes place and notice the spectator who are mostly Dominicans.* They were surprised with the Dominican passengers response to the Cibao Airport and to this day most of its flights are to NYC. That happened by chance, but usually private business isn’t aware of the latent demand and only gets involved when the government enters and guarantee them to make money at first. Then they notice what they didn’t before.

* Any New Yorker that has been living in the city since the 1960’s or 1970’s will confirm that on average Dominicans arriving to NYC were lighter and have been getting darker as tine went on. It was also very rare to see a black Dominican in places like Washington Heights in the 90’s, when it already was the cornerstone of the Dominican community.
Yes, with Air Europa should go better than World2fly as Air Europa can get passengers from other connecting flights to SDQ, but let see for how long govermment will keep paying for empty seats, one of my sources told me that in long term sales are not going as they was expecting, time will tell.