MarketLevel (airline)
Company Profile

Level (airline)

Fly Level SL, styled as LEVEL, is a Spanish low cost airline owned by the International Airlines Group (IAG). The airline has a registered office in Viladecans, Spain.

History
Initial launch as a brand Level was established by IAG in response to increased competition in the low-cost long-haul market, including that of Norwegian Long Haul. On 15 March 2017, IAG CEO Willie Walsh announced the new brand, together with four destinations launching in June 2017 from Barcelona–El Prat Airport (later renamed after Josep Tarradellas in 2019). These were Oakland, Los Angeles, Buenos Aires, and Punta Cana. Walsh further noted that the brand was launched a year ahead of schedule. Rome, Paris, and Milan were also mentioned as possible locations for future expansion of the airline in Europe, together with additional routes out of Barcelona. Long-haul expansion In line with the expressed intent to continue with future expansion by adding routes from other European cities, on 28 November 2017, Level announced flights from Paris Orly Airport to Montreal and Point-à-Pitre and flights from Barcelona to Boston to begin from July 2018, and flights from Paris Orly to Fort-de-France and Newark to begin from September 2018. Flights from Paris Orly were to be operated with the AOC and crew of OpenSkies, another airline owned by IAG. After the OpenSkies brand was retired on 2 September 2018, its operations were absorbed into the Level brand. On 1 October 2019, a service between Paris Orly and Boston was announced to begin from 31 March 2020, but reservations were later closed between the initial announcement and the planned start of service. The COVID-19 pandemic and its associated impacts on aviation resulted in the grounding of Level's short- and long-haul fleet, and the subsequent suspension of its operations starting in March 2020. On 8 July 2020, IAG announced that OpenSkies, the operator of Level's flights based at Paris Orly, would cease operations, with employee union negotiations and further closing procedures to begin the following week. Despite the announcement of OpenSkies' closure, ticket sales for Paris Orly-based flights operated by the airline were restarted, with operations planned to resume in October 2020, later postponed to December 2020, yet operations never resumed and ticket sales were subsequently closed completely. Level's long-haul flights that were based in Barcelona and operated by Iberia resumed on 11 September 2020, with reduced capacity. In the following months, it announced in September 2021 that its Punta Cana services would resume on 4 December 2021, and in October 2021 that it would resume its services to Los Angeles on 28 March 2022. On 19 September 2023, Level announced plans to increase its fleet to six aircraft, and with it, a new service between Barcelona and Miami International Airport to begin on 31 March 2024. Short-haul expansion used on since discontinued short-haul routes from Amsterdam and Vienna (2019). On 29 June 2018, IAG announced the launch of a new low-cost Austrian subsidiary, Anisec Luftfahrt, to operate flights from Vienna International Airport, branded as Level, starting from 17 July 2018. The new subsidiary had its own Austrian AOC and based four Airbus A321 aircraft previously used by Air Berlin and Niki in Vienna, from which it planned to serve 14 European destinations on behalf of Level by the end of August 2018. By December 2018, however, Level announced cuts to its Vienna route network, with routes being reduced in frequency or cancelled altogether due to business figures being below expectations. On 14 March 2019, IAG confirmed plans to open a second base at Amsterdam Airport Schiphol, with seven routes already operated by Vueling transferred from 6 April 2019 to 15 August 2019. Routes once transferred were planned to be operated under the Level brand by Anisec Luftfahrt, with three Airbus A320 aircraft transferred from Vueling to Level in March 2019. On 18 June 2019, during the 2019 Paris Air Show, the International Airlines Group signed a letter of intent to order a total of 200 Boeing 737 MAX 8 and MAX 10 aircraft to be operated across IAG's airlines, possibly including the Level brand, Vueling, and British Airways, although specific allocation amounts between operating airlines were not specified. In December 2019, Anisec Luftfahrt was renamed Level Europe. On 18 June 2020, all short-haul flights operated by Level Europe from its bases in Amsterdam and Vienna were terminated as the operating company went into liquidation. Transformation from brand to airline On 21 November 2023, IAG announced that Level would receive its own AOC, allowing for the company to operate its own flights independently of other IAG-owned airlines, which Level's flights had been operated by since launch. Level received its own AOC on 3 December 2024, and was assigned the IATA code "LL", however the airline would continue to use the "IB" code from Iberia prior to transitioning to its own code during 2025. ==Corporate affairs==
Corporate affairs
Level is currently headquartered in Viladecans, Spain. Previously, the company had a registered office in Madrid, Spain, using space shared with Spanish airline Iberia, which is located on the grounds of Adolfo Suárez Madrid–Barajas Airport. The brand has additional offices on the grounds of Josep Tarradellas Barcelona–El Prat Airport, shared with Spanish low-cost airline Vueling. Level initially lacked a chief executive officer (CEO) following its launch in 2017, according to former International Airlines Group CEO Willie Walsh. In turn, Vincent Hodder, who had previous experience at British regional airline Flybe, became Level's first CEO on 25 July 2018. Hodder was later succeeded as CEO by Fernando Candela on 9 September 2019, who had previous experience at Spanish airlines Iberia Express and Air Nostrum. Candela was succeeded by Rafael Jiménez Hoyos, whose appointment as company CEO was announced on 12 September 2024. ==Destinations==
Destinations
, the airlines operating for Level serve, or have previously served, the following destinations. Long-haul destinations Starting in March 2017, long-haul flights under the brand were launched from a base at Barcelona–El Prat Airport, with the flights operated by Iberia. • American AirlinesBritish AirwaysIberiaQatar AirwaysVueling ==Fleet==
Fleet
Current fleet , Level operates an all-Airbus A330 fleet composed of the following aircraft: Former fleet Level previously had the following aircraft types operate under its brand: Fleet development The brand announced plans to expand from three Airbus A330-200s in 2017 to at least 15 aircraft by 2022, with the possibility of continuing to acquire Airbus A330s, or possibly moving to Boeing 787s. The brand later stated it was to decide between the Boeing 787 or the Airbus A330neo for its future wide-body fleet plans, as production of the Airbus A330-200 was expected to end in early 2020. In June 2018, four branded Airbus A321-200 aircraft were added to begin short-haul services before another two Airbus A320-200 aircraft were added starting from March 2019, from the three A320s originally planned to be added. ==Cabins and services==
Cabins and services
Premium Economy Premium Economy on Level's A330 aircraft features 42 reclining seats in a 2–3–2 layout, each featuring of pitch and including noise-cancelling headphones. Seats have a 12-inch (31 cm) TV screen featuring a complimentary selection of films, TV shows, and music. Passengers are offered a three-course meal, and Wi-Fi is available for purchase. Passengers are also given a baggage allowance of one cabin bag and two checked/hold bags. Economy The Economy cabin of Level's A330 aircraft features 293 seats in a 2–4–2 layout, which are equipped with a 9-inch (23 cm) TV screen. In-flight Wi-Fi, in-flight catering, and checked/hold baggage are all available for purchase by passengers. ==Frequent-flyer programme==
Frequent-flyer programme
Level flights operated by Iberia can earn Avios points via the Iberia Plus programme. It is not clear how the planned switch to operations under Level's own AOC will affect the earning and redemption of Avios on Level flights. Former flights operated by Level Europe or OpenSkies were never eligible to earn Avios points on any programme. ==References==
tickerdossier.comtickerdossier.substack.com