PPRuNe Forums - View Single Post - FlyGlobeSpan - 8 (merged)
View Single Post
Old 13th Nov 2009, 13:20
  #736 (permalink)  
Facelookbovvered
 
Join Date: Mar 2008
Location: Newcastle NI
Posts: 824
Likes: 0
Received 0 Likes on 0 Posts
I don't think there is a risk of Globespan going bust, they seem well funded, more likely is that they will move out of the flying business, i cannot think that they got involved with the job of flying people around to end up sub-ing aircraft to India, Haj and the Falkllands, it may be profitable but its not core, is it? so ego trip or a case of having to do it?

Let's be honest there is way too much capacity in the market at present and Ryanair will make life more difficult next year on Scottish Med routes.

I would not be surprised to see them sell the flying bit to Jet2 all the more so if Jet2 get the 767
Facelookbovvered is offline