IN THE MEDIA

By | 2019 Newsletter week 23 | No Comments

Interview with CEO Of Corsica Linea

Some highlights of an interview with Pierra-Antoine Villanova:

  • Three years after the start, the restructuration phase is over. Turnover was €170m in 2016, €200m in 2017 and €220m last year. Net result is €10m, which means we still need to make efforts.
  • Market share on Corsica has grown from 10% to 14%.
  • Mr Villanova does not believe in low-cost. He sees a customer that wants quality of service.
  • Corsica Linea is the second largest employer of French seafarers (“which cost 3 times the price of Italian crew”).

Investment and ecology:

  • Shore power for PAGLIA ORBA (done), PASCAL PAOLI (winter) and JEAN NICOLI (winter).
  • Scrubbers from Ecospray for these three ferries. (€25m)
  • Order for 1 LNG Ferry expected to be placed at a European yard in 2019, with delivery in 2022 or 2023. Tenders out. Finance OK.