panavia

I too am i redundant c/c member of NOW Airlines, but it has to be said, they keep us updated Weekly and the seed fund of 6Million is due anyday.... But although a great team, maybe its time to walk away from the risk of it going belly up! i dont need to be made redundant from the same company twice, especially when cabin crew is my Dream,

Good luck to Everyone, at Now Airlines, and maybe when they are a lil more established i will be back,

Happy flying guys and gals

bacardi walla

....and just how far will £6,000,000 go

Lite

bacardi walla it might be a point to remind you that when easyJet were launched in 1995, the airline was started with £5million of Stelios' money from Stelmar tankers, which allowed him to wet lease a pair of Boeing 737-200s.

bacardi walla

and that was in 1995, and he knew he had money from Stelmar Tankers to fall back on. Lease rates are fairly low these days but there's the other costs to consider too. So, I ask again, how long will £6,000,000 last ?

Wee Weasley Welshman

Go-Fly was on course to loose £40m in year two. And that was a runaway success.

Starting airlines is expensive. I wonder why anybody bothers?

Cheers

WWW

bacardi walla

WWW my point entirely. How can a new airline hope to start up with £6m? I would have thought nearer the £40m mark would seem reasonable.

panavia Has Mr W kept you informed with this weeks events? What do you mean by "seed fund" ? Is someone leading you up the garden path with this news ? Tread carefully my friend. Starting an airline is not easy and requires skills that far out weigh those that most people have. Reading over the threads that NOW has generated on here, and this one is already 12 pages long, I'd say confidence with the management team is at rock bottom. You only have to look at the calender to tell you that.

monde how do you know that NOW hold no slots when the 3 letter ICAO code for NOW has not been released?

Good luck to all, cos today is Friday which means including today, there are 3 days left in this "crucial week".

eagerbeaver

bw

£40 MILLION seems a little excessive for just start up costs, the reputed £6 million would be reasonable but leave no room for luxuries.

Monde

i was under the impression that luton had no slot system, therefore only block times would be required for ATC purposes and eurocontrol (airways co-ordination) - but correct me if i am wrong. Also the lack of a released icao code does no help.

I suggest we all stop speculating because none of us really know

JMC - ethical entrepreneurs ? is there such a thing? you dont get businesses off the ground by being ethical - you take risks and do what is required to make it work (within reason of course)

Flightrider

Right, time to get a few facts straight. There is some absolute utter rubbish being spouted here.

If you care to look here , you will see that Now Airlines Ltd (code NWX) is listed as an attendee at the IATA Slot Conference in November.

Luton is a Level 1 coordinated airport, which requires airline operators to submit their schedules to the coordinator (in this case, Airport Coordination Limited) for data collection purposes. Website at Airport Coordination will confirm this to any doubting thomases on that score.

NWX applied at Luton for the Summer 2004 to operate a number of routes. As of today, it holds no slots at Luton for Summer 2004. It also applied at a number of overseas points, including a high-frequency run to Brussels, Almeria, Valencia and other points listed in the Luton slot submission. These had all been cancelled two weeks ago, but a small slot holding has been reinstated in recent days:

Manston-Paris Orly twice daily from 25 May (application still held on waiting list at Paris Orly as no slots available)

Luton-Brussels twice daily with both flights running at about the same time in the middle of the day with effect from 6 September.

Happy now? Or should that be Unhappy Now?

panavia

The £6m seed fund will just get the thing off the ground, they have 2 investors one of which is Sweedish? who will be giving them 40% more than they orriginally applied for, the due dilligance has been complete and the money will allow them to Grow Faster, and safer than they had hoped, although im not hanging around, although communication between now Ex crew and Lars W (MD) is good, i just cant take a risk, and am hlaf way through my training with a reputable airline. i just hope the people who took the HUGE step to move down here get to work for the company, i was unaware that Halycon house had been gutted, so who knows, a time line is due to be realeased on Sunday, so i should know more by then, and untill they are fully opperational and making headway, then i may think about re joining.

bacardi walla

More speculation then.

Halcyon House has been gutted, is that because of the planned refurbishment (which is odd considering they have no income) or have they been booted out by LTN Airport ?

MSE-CDG ?? And who will fly on that ?

Lite

Having spent the last summer with Air Atlanta Icelandic, I have been pleased on many occasions to use Manston Airport.

Whilst the airport may not be as close to London as perhaps Stansted or Luton, its a nice little airport with good facilities and an excellent & competent management team and staff who couldn't do enough to help.

Having stayed in touch with some of the management team who I had the chance to lunch with when I asked for a guided tour of the airport last October, I have been told that the airline is in talks with a new upstart carrier although its unlikely to be Now, I've been told.

I would doubt that MSE - ORY would work as its just as easy to catch the Eurostar from nearby Folkestone. However, Med routes as well as some domestics & an Amsterdam wouldnt go a miss!

Here's hoping MSE get their loco soon!

bacardi walla

teachin wrong people at the top, not down below

panavia

To anyone awaiting news on NOW AIRLINES. today is the day, wait no longer, the e mail i pressume will arrive at about 4-7pm, so good luck, if there is no contact then.... im staying away!

If there are any NOW crew out there?? Will YOU be joining, what do u think of NOW, and do u trust them?? Let me know what u think

panavia

Absolutely, im not going anywhere, the Airline im with now is great, really good bunch of people, a management team that acctually care, if now airlines does well i may re join in a year or two, but i wish it Every success, lets just hope Low Cost (or second generation low cost as NOW have said) isnt being run into the ground by the likes of BA or BMI offering very low EU prices,

We shall see

bacardi walla

Come on everyone, you honestly think news will be released today ??? My money is on them saying "updates this week coming" or words along those lines. That would say it all.

Powerjet1

Well, did anybody here anything or is it a case of 'No news is bad news'.

teachin

Well, no news, which wasn't unexpected as no news came last Sunday. This is now turning into a terrible nightmare. Do any of the other ex NOW employees think now that they were literally taken for a ride by NOW management? To say nothing is absolutely disgusting, as those involved were given an upbeat email 2 weeks ago, practically assuring success this time round. But to say nothing for 2 weeks even to say "definite news next week etc" is deploreable. Doesn't the top man realise he has ruined so many lives and he knows that many hang on his every word to turn their situation round. No conscience whatsoever.

panavia

Well Guys and Girls, today i think was crunch time, 2 weeks on and no E mail, sommet not right there!!!!

I did send MR W a nice little e mail for him to think about,

but i think its now time to walk away, i wish u all the success, lets just hope Lars can acctually find it in himself to send one final e mail and say, Sorry guys but i f***ed up,

i doubt it,
and yes Halycon House is EMPTY

no one will ever know if we where taken for a ride! they didnt gain any financial up from us! so who knows

bacardi walla

Anyone from LIA care to make comment? Maybe if NOW have decided to throw in the towel, the ex GO team may want to take it up themselves and make a serious "go" of it. Lets face it, without certain people involved, it may just get off the ground. Think a new name would be beneficial though.......

NOW is, at this rate, dead.

jmc-man

Bacardi Walla,

The ex GO people were mainly, I undrstand, in the operational area, rather than the finance end. I still think the business concept was flawed, obviously a view shared by investors.

I think it might be time to close this thread.....doesn't look like there will be much to talk about.