PPRuNe Forums - View Single Post - flybe more q400's?
View Single Post
Old 17th Nov 2004, 08:48
  #20 (permalink)  
Nil further
 
Join Date: Nov 2002
Location: United States
Posts: 1,051
Likes: 0
Received 0 Likes on 0 Posts
Jamesair .

I share your admiration for the way JF has kept it alive for the last couple of years . THey were hours away from running out of cash on several occasions a few years ago . As far as strategy goes , the owners (Walker family trust) have never made any secret of their intentions :- get our money back , sell !

Seems simple enough and i doubt they give a monkeys about anything else.

Jobsagoodun

10 increase in yield would be impressive if the yield is 18 or 20 %. Not so impressive if net yield is 1% giving an increase of .1%.

Growth of 35% is all well and good , how much of it is profitable ?
HAve you looked at a balance sheet recently?

Heard all this stuff when it was Jersey European and then British European , nothing changes .

As regards the 150 seat jet , heard that one 5 years ago as well .Will flybe pilots be flying the 150 seat jets from BHX next year ?


Regarding a trade sale Im sure that lots of people will be looking very closely at flybe's LGW slots and that is probaby the only reason anyone would buy it.

Not a flybe bash , know some great people there . Just a reality check.

NF
Nil further is online now