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Old 4th Jun 2021, 20:33
  #67 (permalink)  
MrKipling
 
Join Date: Nov 2005
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No business is perfect I agree, and I'm not saying Jet2 is dealing with things better than anyone else, time will tell. I think comparing Jet2 to TUI is an interesting exercise as they are direct competitors in many ways.

Times are hard for all pilots so this is an emotive subject. Redundancy payments only need to be paid if an employee has more than 2 years service. Last year both airlines had employees that didn't have 2 years service. TUI kept their pilots employed on more than just furlough pay even though many were not rated. They have been taking on new aircraft and running command courses. Jet2 have done almost the opposite.

Flying empty aircraft around costs more money than parking them up. Freight is a good use of the airframes though.

One of the companies is billions in debt the other not so much. One company seems to have been over optimistic the other more pessimistic perhaps.

So which managers got it right?

Let's see how it pans out. Best of luck to all.
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