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Jet 2

Old 17th Sep 2008, 20:13
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Jet 2

Any news about how JET 2 is faring. Is it likely to go under in the next few weeks? Do you think it is time to look for other flights Edinburgh Pisa.
Any advice most appreciated.
Neilly
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Old 17th Sep 2008, 20:18
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If you had read The Times business section last Friday you would have read that they have posted a very good profit for the season and very well placed to weather the storm.
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Old 17th Sep 2008, 20:22
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I believe they have also been putting adverts in the local press advising that they are in a good situation too to boost customer confidence.

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Old 17th Sep 2008, 20:25
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All is good at Jet2. We have a different business model to those who have suffered so far in that we own all our aircraft bar 1.

Yes it is tough times, yes everyone is feeling the pinch, but we have a pretty focused leader whom I believe is taking us in the right direction.

This year was all about consolidation, next year route growth, the following year new aircraft - apparently!

Put it this way - I'm glad I'm flying Jet2's aircraft over many other airlines. Don't worry about your flights, we are doing just fine
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Old 17th Sep 2008, 20:27
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£30million interim profit. Final results expected to be better than predictions.

Dart Group avoids turbulence with Jet2.com - Times Online
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Old 17th Sep 2008, 21:40
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Nuff said!!

M.
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Old 17th Sep 2008, 21:40
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A word of warning.....

Jet2.com are effectivly now a low-cost charter airline. Gone are Gatwick, Amsterdam and Berlin; in are Palma, Alicante and Malaga ..... which are great in the summer but make very little money in the winter. Remember charter airlines have to make a st load of money in the summer to cover the winter losses.

If the MAN programme is anything to go by, they have very little flying this winter and a lot of spare metal lying around. Dan Air once owned all their aircraft too. I wonder how much the Fowler Welch Cooltrain/Ambient division helps the plc stats.
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Old 17th Sep 2008, 21:48
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ACCMan - p*ss off with your scaremongering and get a life.

Jet2 are doing just fine.
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Old 17th Sep 2008, 21:49
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.....funny, I thought lots of the 733's came from Ansett Australia?
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Old 17th Sep 2008, 21:49
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They also do a lot of cargo though especially at EMA, something easyJet and Ryanair don't do. At night there's usually at least 3 a/c sat on the cargo ramps which will obviously generate them a fair amount of income
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Old 17th Sep 2008, 22:06
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One idiot question really meaning 'is xxx going to go tits up? Is my £45 ticket safe?', and 9 answers rushing in to reassure? Instead of abuse! Fellahs! Give it the answer it deserves! We will have everyone who buys a ticket here asking if they will be OK. This is R & N! Have some self respect! Send this numpty the answer he/she deserves!
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Old 17th Sep 2008, 22:16
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Originally Posted by Spikedog
ACCMan - p*ss off with your scaremongering and get a life.

Jet2 are doing just fine.
What a mature responce Spikedog ...... but I'm sure you'll make the left hand seat one day.

What I posted was fact ..... and a question.

I've spent a many a year working for charter airlines (from DA onwards) and know how the business models work. I now work very closely with Jet2 and wish them all the success; my concern is with such a light winter programme, can they keep their heads above water.
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Old 17th Sep 2008, 22:34
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Obviously lots of jet2 pilots here

I wish you guys all the best, but please grow up with some of your answers... No need to have attitude here
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Old 17th Sep 2008, 23:16
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Has it occured to anybody how crassly insensitive it is to poke one's nose into what is laughingly supposed to be a 'professional pilots forum' and ask such a blunt, ignorant question? A suitable response would be to say 'stick your stupid £45 ticket where the sun don't shine and if you are so seriously worried, why not walk it instead?' Why are you bending over backward to reassure such a total twerp?
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Old 17th Sep 2008, 23:29
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Why don't you guys realise that your passengers pay your wages and neither have your knowledge of airlines or the ability to read a balance sheet. They pay for their flight months in advance and trust that their airline will still be around when they come to fly. It wouldn't do any harm to explain politely to them why your airline is financially sound because nobody else is going to! Perhaps you don't think that keeping the passengers happy and coming back to pay your wages again in the future is your responsibility?
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Old 17th Sep 2008, 23:44
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If the boss wanted to park his aeroplane up in the desert for a months and months, it wouldnt cost him a penny.

Excel Flights and Futura flights all adding to the list - more charter work.

neilly, if you are booking to Pisa in the next few weeks, you won't have a problem. If you are worried keep an eye on the share price for Dartgroup Ltd
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Old 18th Sep 2008, 03:10
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@rainboe - glad to see your responses are as reasoned, mature and "professional" as ever.

Could you please reveal which airline you work for in order that I may avoid it?
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Old 18th Sep 2008, 06:25
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ACCman,

It's not really fair to start putting the frightners up people whilst we are in such fragile times. Jet2 employ a fair few people and i'm sure the last thing any of them, or anyone else for that matter, wants to read is colleague's in the industry speculating as to whether they will make it through the winter or not.

I am sure Jet2 are doing just fine and long may that continue as far as i'm concerned.
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Old 18th Sep 2008, 07:11
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Has it occured to anybody how crassly insensitive it is to poke one's nose into what is laughingly supposed to be a 'professional pilots forum' and ask such a blunt, ignorant question? A suitable response would be to say 'stick your stupid £45 ticket where the sun don't shine and if you are so seriously worried, why not walk it instead?' Why are you bending over backward to reassure such a total twerp?
Rainboe,

I fully agree with you, this is a network for Professional Pilots. Until the mods stop the general public from reading and writing threads on here we have to accept that they will.

With that said, we at Jet2 in my opinion bend over backwards to be a 'friendly' Airline, hence my original, hopefully, informative reply to one of our frequent customers. As already stated, it is the customers who ultimately pay our wages, and if public confidence is lost through scaremongering (Mr.O'L), the more fickle folk book elsewhere!


ACC Man,

Yes we have a lucrative Royal Mail Contract, yes we have diversified into Charter and even Ad-Hoc Charter which again is very lucrative for us, so again in my opinion and many others including our Management Team (see our results and profits compared to failed Airlines!) we are doing just fine. I don't beleive you can compare our fluid, inivative business model to that of a failed DanAir's........Ridiculous

Last edited by CAT1 REVERSION; 18th Sep 2008 at 07:23.
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Old 18th Sep 2008, 07:23
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Whilst one doesn't doubt that Jet2 is doing fine, how should one, as a professional in this industry, answer such a query if your company is not doing fine then? All very well to give a reassuring answer for a company doing well, so how will the sages here answer if your company is not so well then? So better not to answer any such query.

'Pay with a credit card and keep your fingers crossed!' is the only answer that should be given!

Now Moderators- is this a 'Professional Pilots Forum' or is it not? What on earth is a query like this being left up in Rumours and News for? Can you please run this place with a bit of control and discipline!
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