How difficult is it to combine regular and charter flights and wet lease operations?
One fourth of our business model is based on flights to the Caribbean, both regular and charter. Although our main business model is focused on Aircraft, Crew, Maintenance and Insurance (ACMI) wet lease operations, we find many synergies with the regular and charter operation. I believe that an airline must have its own identity and the fact that we operate our own flights, carrying our own passengers, gives us a better understanding of our wet lease client needs. This also allows us to offer our wet lease clients maintenance and operation bases, as well as crew availability at some well-known destinations.
Is flexibility essential in today’s aviation market?
Flexibility is key to our industry due to the speed at which demand and the industry are changing, more so in wet lease operations, where we perform new operations constantly. We must adapt swiftly to our client needs, either for a punctual operation that must depart in a couple of hours or for a long-term operation anywhere in the world. We must be able
to adapt the size and configuration of our fleet to demand in very short periods of time, which is particularly challenging given the typical duration of the aircraft leases.
Does Wamos Air have any specific objectives?
Diversification is crucial. We have noticed that several wet lease clients are demanding young aircraft with new interiors to act as a substitute for their own fleet, especially in situations such as the problems experienced by many airlines due to the grounding of B787. But they also need aircraft for extra capacity during peak seasons or when they want to test new routes.
Flexibility is key due to the speed at which our industry is changing
Will travel and tourism be affected by increasing environmental pressure?
Tackling climate change is everybody’s job, and we support all efforts taken globally rather than a local patchwork of measures that are less effective. We are reducing our impact and our wet lease clients’ impact by replacing older aircraft with efficient models to reduce emissions. And we are stopping the use of single use plastics on our flights to the Caribbean.
What challenges do you see for aviation in the near future?
The main challenge is the growth in competition. Wet lease was rare and volatile until a few years ago, but many companies have realized that it can work for them, since we can help solve their operational challenges in an efficient way. But the market is becoming competitive. It is necessary to differentiate yourself from your competitors by a client-oriented philosophy, so we definitely need to add value to the wet lease market by offering our clients tailor-made solutions, flexibility, aircraft reliability, and great service.
In brief… Wamos
- As a multi-faceted carrier, the airline’s business model is based on the three pillars of regular, chartered and wet lease operations
- Operating out of Madrid-Barajas Airport, Wamos Air has a fleet of 13 aircraft, including Airbus 330 and Boeing 747 models
- Wamos Air was founded in 2003, operating its first flight to Cancun