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Old 13th February 2007 | 16:11
  #103 (permalink)  
Hand Solo
 
Joined: May 2000
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From: Camp X-Ray
Originally Posted by tallaonehotel
Again, b***ocks.
Check your facts before shooting from the hip.
Who was paying who?, remember the 3 companies that came together to form BACX...BRAL, Brymon and of course the shinning knight BAR..
Do your sums matey the first two made profit, the later never did because of piss poor knowledge of how regional operations should be run. To this date our London cousins have bailed out of anything north of the Watford gap because they have never made it work.
I'm afraid your arrogance blinkers your judgement.
Oh man you really need to get your head into the accounts. Here's how it really was:

Former BRAL division after merger into BACX: Never made a profit
Former Brymon division after merger: In the black but from only 2 sources, the BRS-EDI route and and the BHX wet lease.
BAR: In the red, £11M profit from BHX but greater loss from MAN.

Note well, the only place BACX was making any money was from the monopoly EDI-BRS route, which fell apart when GO entered the market and offered faster, more frequent, reliable service for less money, and the BHX wet lease. In the latter you got paid a fixed fee to fly three Emb145s regardless of the load on certain routes. Much of the time they weren't operating anyway because they were tech, but you still got paid and BAR frequently subbed an A319 to cover. The BRAL aircraft? Well don't get me started. Remember the string of wheels up landings on the ATP?

So thats a rather different truism from the huge profits BACX was making (which strangely never seemed to feature in the companys accounts except in red ink). I remember a time three or four years ago when BAR was finally almagamated when the BACX pilots were gloating about how they were looking forward to taking our jobs. How we were overpaid and underworked. How we didn't understand the regional market. How you would soon take over LHR shorthaul and show us how to make a profit there.

Three years later what do we see? Surprise, surprise, you still haven't turned a profit. You've changed shape, you've changed strategy, you've made a lot of noise but you haven't made any money. LHR shorthaul is turning a profit, BACX is being sold off. A great advert for your special regional understanding huh? The reality is you see BRAL and Brymon as the great white knights but they haven't made any significant cash since Easy/GO/Ryanair came into existence. Sure you can blame BA if you like, or BAR, or any other scapegoat you choose, but the only significant profits you were getting were on monopoly routes with small aircraft. Along came the locos with the right aircraft for the job and they blew you out of the water. Whether you'd been bought by BA, bmi, Virgin, it really doesn't matter. You were yesterdays airline with the wrong business model, the wrong aircraft and the writing was on the wall a long time ago.
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