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Old 11th Feb 2015, 12:10
  #890 (permalink)  
BasilBush
 
Join Date: Nov 2012
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Yes Flocks, it is 5 195s this Summer.

See extract from recent FlyBe trading statement:

"A commercial decision has been made to utilise five E195s on selected routes during the Summer 2015 season. Our Route Assessment Model indicates that these are attractive routes for this aircraft type during this season. Utilisation of these five aircraft will not delay our efforts to deliver a permanent solution for these aircraft.

While it is expected that these Summer routes will make a small positive contribution to overall Group revenues and profitability in 2015, we believe it is prudent to maintain guidance at £26m per annum until a permanent solution is found and Flybe can provide further clarity. Finding a permanent solution for all nine aircraft is a continuing priority for the executive team."

The reference to £26m is the provision for the cost of holding the 195s until they can be disposed of.
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