PPRuNe Forums - View Single Post - Aviance and Aviance LGW (Merged)
View Single Post
Old 10th Jul 2008, 08:31
  #73 (permalink)  
groundhand
 
Join Date: Feb 2007
Location: UK
Posts: 316
Likes: 0
Received 0 Likes on 0 Posts
mancairboy,

I don't want to rain on your parade but the contract will be a standard IATA GHA which really means anything between 60 and 90 days notice. All the 2 years term does is lock the price in.

As each Aviance location closes the pressure of the overhead gets higher on those remaining. It is highly unlikely that Aviance HO can reduce the company overhead in the same proportion to the size of business (as against the whole business) that closes. This will change the dynamics of previously profitable locations.

I sincerely hope that all at MAN are secure but the UK GH market has been oversubscribed and unprofitable (for the vast majority) for several years and something had to give.
groundhand is offline