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9th Aug 2017, 13:45
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

And yet it's ranked the worst in the UK. The Indy...

And yet it's ranked the worst in the UK. The Indy survey published their methodology
It's a problem all the time, not just in the mornings and late evenings...acorrding to the survey.
9th Aug 2017, 13:17
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

A fair article really. CEO pushes the line that...

A fair article really. CEO pushes the line that Southend is the answer to capacity constraints in the London area and the Indy points out it came last in a survey of UK airports for public transport...
7th Jul 2017, 17:10
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

Exciting. If Stobart were looking to acquire an...

Exciting. If Stobart were looking to acquire an airline Flybe is an obvious choice. Although I have to question taking on more debt to buy into a regional airline, especially one that’s been a...
13th Jun 2017, 15:06
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

It's not publically known as yet.

It's not publically known as yet.
7th Jun 2017, 08:57
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

Trade secret? We're not talking about some...

Trade secret? We're not talking about some company incorporated in the Bahamas with nominee directors. Anybody holding more than 3% is publicly declared. Provided you have a 'proper purpose' you can...
7th Jun 2017, 05:52
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

I do't need to tell the shareholders, they know...

I do't need to tell the shareholders, they know already. I'm talking specifically about the aviation division here.

By the way, who are these insurance companies and pension funds holding Stobart...
6th Jun 2017, 21:26
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

No argument with that logic but profit is a...

No argument with that logic but profit is a secondary concern for Stobart. They are much more focused on value creation.

Arguably bums on seats is a good measure of success. Every PAX has a value....
4th Jun 2017, 16:19
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

Correct, and the next interim results will start...

Correct, and the next interim results will start to reveal the true cost of this folly into airline ops.
27th May 2017, 14:49
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

And the fact that these operators are mere...

And the fact that these operators are mere entries in the history books shows the fragility of the argument. KLM have no ownership of AMS neither.
27th May 2017, 10:41
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

I think any notion that the airport subsidizes...

I think any notion that the airport subsidizes the airline is for the birds. Their 2017 results reported an EBITDA of £100k from 871,816 PAX. That’s 11p per passenger.
If airports owning airlines...
26th May 2017, 21:49
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

1. You have asserted that Stobart can afford to...

1. You have asserted that Stobart can afford to give bargain fares away because they own the airport unlike EZY and FR who don't.
2. A franchise fee of 20% of ticket price assumption is pie in the...
26th May 2017, 13:47
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

What utter nonsense

What utter nonsense
17th May 2017, 08:29
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

Expressflight I welcome you...

Expressflight

I welcome you re-balancing my opinions, there’s 2 sides to every coin. Now back to SEN dicussions. :)
16th May 2017, 20:04
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

I don't think there's a single AOC holder in...

I don't think there's a single AOC holder in Europe with an EJ or A319 waiting on the ground for complex, off base ACMI work*. They'll find 146/RJs but attached to a willing operator is another...
16th May 2017, 14:25
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

I didn't think it was relevant to mention...

I didn't think it was relevant to mention Helvetics rotation out of LHR. Whats your point?
16th May 2017, 13:18
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

Here’s the latest rumours from the Swiss side. ...

Here’s the latest rumours from the Swiss side.

They don’t have an operator and having serious issues finding one that has the equipment that can handle the approach and climb restrictions...
11th May 2017, 12:46
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

Some PPRuNe insight here...

Some PPRuNe insight here (http://www.pprune.org/where-they-now/221156-digging-past-warwick-brady-ex-ryan-air-now-air-deccan-india.html)
11th May 2017, 12:20
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

The £21.6Million goodwill impairment basically...

The £21.6Million goodwill impairment basically means there has been a deterioration the ability of acquired aviation assets to generate the cash they predicted. Therefore, the book value of those...
24th Apr 2017, 16:08
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

SOP for companies to make media statements...

SOP for companies to make media statements (especially to trade press) to provoke thought amongst their industry peers. He's non-commital and tabling his thoughts... nothing wrong with that.
21st Apr 2017, 15:51
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

+1 to that. Imagine this for a second....

+1 to that.

Imagine this for a second. Stobart will have a warchest of £100 odd million from the divestment and FlyBe has a market capitalisation of around £87m :hmm:
21st Apr 2017, 09:03
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

Hats off to Stobart Group for floating off the...

Hats off to Stobart Group for floating off the logistics arm. They’ll realise £100m or so and still retain a holding in the newly floated Eddie Stobart. It’s what they do with the cash now that the...
4th Apr 2017, 20:13
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

I'm very happy about their performance. Over the...

I'm very happy about their performance. Over the moon in fact, but none of this profit was generated by the aviation division which accounts for 1/3 of the groups total value.

I have little...
4th Apr 2017, 14:16
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

You're right DC3_Dave, they can't roll up the...

You're right DC3_Dave, they can't roll up the runway - because it doesn't belong to them. :ok: Joking aside, the die is certainly cast. They are commited. How much cash have they got? Lots is the...
4th Apr 2017, 12:20
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

I'm a relative stranger to this part of PPRuNe....

I'm a relative stranger to this part of PPRuNe. My comment about the borrowing may have been taken out of context. My underlying point (as a shareholder in Stobart not as an passionate SEN supporter)...
3rd Apr 2017, 21:33
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

Sorry cumbrianboy. Nothing wrong with borrowing...

Sorry cumbrianboy. Nothing wrong with borrowing at all. But Stobart do have over £20mil debt in in an asset barely scraping a positive EBITDA. Still, they keep throwing cash at it.
3rd Apr 2017, 19:00
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

Remind me, they've borrowed how much and put into...

Remind me, they've borrowed how much and put into SEN?

There, I fixed it for you :ok:
22nd Feb 2017, 09:52
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

I wish them all the best with this. Just two...

I wish them all the best with this. Just two observations;

Special aircraft and pilot requirements needed to operate out of Sion with it’s 6 degree IGS approach and the last few miles on a...
5th Jan 2017, 15:10
Replies: 5,380
Views: 1,860,530
Posted By flight_mode

A 146 can't be viably operated in a 2+2 config,...

A 146 can't be viably operated in a 2+2 config, either 2+3 like Swiss or more likely 3+3 which is horribly tight.

DBV on the 146-200 will likely be payload restricted, especially in summer.
Showing results 1 to 28 of 28


 
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