Originally Posted by
Brian Pern
While it is nice to see Jet2 paying their staff, they have got no money comming in, the Dart Group may still be busy as they are a logistics company, but they will not be able to prop up the company for ever. With no outside income, any airline will struggle.
Summer 2020 is as good as written off, anyway you cut it. Jet2 several years ago decided to focus on holidays, this will affect their future massively, in hindsight the Airbus expansion was not a good idea, they will be the first to go, Jet2 have massive overheads, they have their own handling, employ more people at the check In than their competitors, which is all money. This thread is about 3 large operators, sadly I think the two companies who rely on Holiday traffic will struggle to survive, if they do they will be much mich smaller.
Brian I seem to remember you were getting a little stressed out about the airbus a few months ago.
When the airline starts up again I can assure the airbus will operate, the company wouldn’t of continued training flights till the day after the final holiday customers returned home.
People want to go on holiday, and will remember what Jet2 did to get them back home over the last month.
All airlines big or small are in trouble, the government will need to choose who they rescue with furlough etc.
But Jet2 have money in the bank, which will hopefully see it through these uncertain times.
which of course the government can assist with its managed return to the sky.
The way I see it is it will be 3 winter costs in a row, Then the return of airlines and holiday companies for Summer 2021, whoever survives will prosper massively. And who says the company will focus on holidays only on its return? Flybe have already left a big gap in the market.
The Gimp