PPRuNe Forums - View Single Post - Flybe-V1
Thread: Flybe-V1
View Single Post
Old 24th Sep 2021, 23:44
  #648 (permalink)  
davidjpowell
 
Join Date: Mar 2008
Location: Doncaster
Age: 50
Posts: 294
Likes: 0
Received 0 Likes on 0 Posts
I suppose I can't be certain. I'm pretty positive though!

The only way an airline can make money at the moment is if they can downsize their fleet to remove fleet cost, get rid of the crew (without paying redundancy), and downsize their head office costs in line with their current schedule. I don't believe that has happened. Airlines have saved what they can, perhaps made some redundancies and borrowed lots of cash. Logan Air for instance took a £25m facility.

If they get the right fleet and route structure they are going to come to market with no debt from the last 2 years. It will be interesting to see what difference that makes.
davidjpowell is offline