PPRuNe Forums - View Single Post - Varsity Express
Thread: Varsity Express
View Single Post
Old 27th Mar 2010, 13:09
  #324 (permalink)  
srobarts
 
Join Date: Mar 2001
Location: North Cornwall
Age: 73
Posts: 428
Likes: 0
Received 0 Likes on 0 Posts
This article in the Oxford Times has MH claiming that 68% of seats had been sold for the first month.
I can't find the start-up timetable but I think it was OXF-EDI in the morning and EDI-OXF in the evening = 2 sectors a day Mon-Fri. Typical month = 22 weekdays. 18 available seats.
22 * 2 * 18 = 792 - 68% = 538 single tickets. That all assumes the accuracy of MH's claims in the first place!
What is worrying is that level of seat sales gives a monthly revenue of £26,389. Can anyone run an airline with that little monthly revenue? LinksAir was allegedly owed £60,000. Recipe for disaster before they even made their first flight. Even with a 100% load factor they couldn't pay LinksAir.
srobarts is offline