Planestation/EUJet - Latest

[The Real Slim Shady]

You don't work for us any more, don't you have anything better to do that take part in EUjet debates? Some of your posts are (like the one about SNN) do nothing to help the situation!! Your gone now so please don't chip in all the time with constant negative jabs. Constructive points of view are always welcome.

Flaps42,
Let's deal with your points in order, and of course, constructively.
I do have many things far more important, far more worthwhile and received with substantially more understanding and appreciation.

My posts, if you care to look back to the end of last year have been supportive and rely primarily on facts and not on opinion. Moreover, I have limited my remarks in the last months to PTG's performance;not EUjet's. The negativity doesn't come from me; I don't manipulate the share price. I have no control over the losses they expect to post; those figures are in the public domain as indeed the share price is.

If the facts are negative perhaps you could explain how they can be reported in a way you would find palatable?

[Flap42]

Of course if Ryanair can't manage to make Shannon viable, EUjet will step into the breach and waste another sack full of cash discovering that they don't have a magic wand.

Slim,

Thank's for the promp and constructive reply! I just found the above quote to be of no use to anyone.

[The Real Slim Shady]

Flaps,

If EI run only a single short / medium haul route from SNN to LHR and Ryan are planning to move the bulk of their operation from SNN to ORK, because they cannot generate sufficient pax numbers to make the operation viable, which magic wand will PTG / EUjet wave to change things? Where will the pax come from? Is the plan to go head to head with Ryan to STN? Or compete to MSE? Or do point to point?

I can book a seat with EI to LHR for about €39; I can even get it cheaper with Ryan to STN. I can then book onward travel very cheaply or get to London easily if that is my final destination. Importantly, I have a choice of carriers from LHR and STN.

Ryan could give the seats away; they have a huge cash reserve. EI can compete on price, they are profitable. How would PTG compete against that, never mind trying to find customers. But if Ryan don't see it as workable and EI have one premium route......................??????

Tell me, what are your own estimates for the breakeven and yields to make that work? Is fuel cheaper or more expensive at SNN than MSE? Was the business model based on oil at $60+ a barrel? Are there hedges in place? What market segment will the company operate in? Who are it's main competitors? What is the USP? Has MR been completed? Have you seen the results? Explain how SNN will work for PTG when it doesn't for the others.

Reality is, at times, a harsh concept: PTG have thrown close on £20 mill at Eujet in the last year through asset sales. Once all of the family silver has been sold what will they use to prop up the group? Look at the share price. The financiers estimate the cash will run out in September / October: thats not my estimate, I'm simly reporting the facts.

Remember....don't shoot the messenger.

And, Flaps, I have no wish to see you, PBD or anyone else out of a job; it's better to forewarned about the finances of the parent group than to be caught unawares should the plug be pulled.

Edited to add:

Flaps these are a quotes from another forum:

The CAA figures show an average of 30,000 pax per month, and after 10 months of operation that amounts to 300,000 pax, does anyone seriously expect them to carry a further 300,000 in the next 2 months, lets get real, they havn't a hope in hell of reaching 600,000 let alone the 900,000 they need to break even.

and this:

But the real-life facts are that they rarely if ever achieve 100 pax per plane, average over the year is about 40%.

and:

£35m losses for last year £25m in debt again and this with the cash injection in Jan of some £58m? give us a break I'm sure that given £58m in jan I would not be looking at a £35m loss with a further £25m of debts.

and I leave you with this:

Standby to pull the yellow and black handle!

[Jes]

Don't post quotes from another forum as though God has spoken: the source is not too good with data, and is just another of those that love to knock.

EUjet aren't running from Shannon to the UK. They're making good money on the sun routes (and even the Manston one) and are expanding by starting Shannon - Amsterdam and Shannon - Geneva. I don't believe that Ryanair is too popular with the people that live in the Shannon hinterland.

[MarkD]

Are EUJet likely to do any kind of codeshare with KLM (they do operate Fokkers after all), or would that lead to a sense of humour failure at EI given their codeshares at DUB/ORK?

[The Real Slim Shady]

Jes

Figues for April show 28379 passengers by other EU scheduled passenger carriers on 737 movements at MSE. This differs by around 4000 seats compared to the figures on the company website, however, the figures on the website include promotional and staff tickets and are booked, not actually travelled.

Average of 24.5 flights per day out and in, 38.5 passengers per flight;if those are on a 108Y F100 the LF is approx 36.8%.

If those figures average out over 12 months around 340 000 pax. Allowing for a 60% increase during the peak months Apr - Oct a total of approx 425 000 pax.

The website figures appear to show a total pax number of around 343 000 since September last year: average of 34300 pax per month. Forecast annual total on that basis, 411 600.

I would agree that numbers / statistics are easily manipulated, but I don't believe that you will be able to dispute the PTG results later this month.

[nipplesucker]

Slim wake me up when you have finished ZZZZZZZZZZZZzzzzzzzzzzzzz

[The Real Slim Shady]

Your concern for the jobs of your colleagues is overwhelmingly selfish !

[lyo]

EUJet, the truth is out there:

EUjet (VE/Shannon) will launch five times weekly Fokker 100 service from Shannon to Amsterdam on October 31 when it will also transfer its Shannon-Murcia route to Alicante. EUjet will also add three times weekly seasonal service from Manston to Innsbruck as well as a weekly Dublin-Geneva flight in mid-December. It will however give up its routes from Manston to Girona, Murcia, Nice, Palma de Mallorca, Shannon and Valencia and from Shannon to Faro and Palma de Mallorca by the end of OctoberIt will however give up its routes from Manston to Girona, Murcia, Nice, Palma de Mallorca, Shannon and Valencia and from Shannon to Faro and Palma de Mallorca by the end of October

[Jes]

Thanks for reprinting the CH-Aviation news item

"EUJet, the truth is out there:

EUjet (VE/Shannon) will launch five times weekly Fokker 100 service from Shannon to Amsterdam on October 31 when it will also transfer its Shannon-Murcia route to Alicante. EUjet will also add three times weekly seasonal service from Manston to Innsbruck as well as a weekly Dublin-Geneva flight in mid-December. It will however give up its routes from Manston to Girona, Murcia, Nice, Palma de Mallorca, Shannon and Valencia and from Shannon to Faro and Palma de Mallorca by the end of October."

You didn't mention the return of Geneva and Salzburg flights, or that Belfast and Newcastle are doubling in frequency. Those "given up" are seasonal routes, most of which will restart next Spring. Some cuts have been made, but I'm pleased to see the company focussing on making money.

[colegate]

Based on the figures that have appeared in this thread it is hardly likely that EUJet are concentrating on making money because that implies that they are making a profit and look to be making more. They are much more likely to be concentrating on conserving cash and that is called survival. Making money comesa fater you have achieved survival.

Some of the routes that they are scrapping do well from other airports in the winter months. So why are they not doing well from MSE?

[Jes]

More from CH-Aviation

easyJet (U2/London Luton) will give up its Dortmund-Nice route by the end of October.

Monarch Airlines (ZB/London Luton) will give up its Birmingham-Faro and Manchester-Naples routes by the end of October.

Ryanair (FR/Dublin) will give up its routes from Frankfurt Hahn to Klagenfurt, from London Luton to Dinard and from London Stansted to Klagenfurt, Nimes and St. Etienne by the end of October.

CSA Czech Airlines (OK/Prague) will give up its Prague-Glasgow Intl route by the end of July and its Prague-London Gatwick flights one month later.

The defence rests, your Honor.

[colegate]

Jes,

Ryanair are still advertsising all those routes as being available throughout the winter.

[Powerjet1]

They might be advertising them but they are not bookable.