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Old 13th Sep 2008, 10:55
  #1294 (permalink)  
EI-BUD
 
Join Date: Nov 2006
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In light of the trading statement; any airline who wants to attract bookings after the media coverage of the collapse of XL yesterday would need to make positive statements like this to give customers confidence to book their flights.

However, it interests me in that not too long ago the Dart group were saying that profits were down and the airline side of it was causing the pain. So this is all better now, despite the fact that the whole business is now slowing after the summer?

It was reported on here that Flyglobespan was looking for a buyer / investor only earlier in the summer, yet suddenly all is good in their world. I am aware as probably everyone else on here is that the media get hold of spin on here and that can influence sentiment with banks and their lending to particular firms.

I would see Jet2 and Flyglobespan as the most vulnerable 2 airlines in the UK at this time.
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