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Old 28th Sep 2005, 17:01
  #161 (permalink)  
 
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Exclamation

Did hear a rumour today from more than one source saying the same thing that EMX are in trouble with the Bank to the tune of £40 Million!!...Anyone know more and if its true??

Cheers

3Legs
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Old 28th Sep 2005, 17:23
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National Jet (Aus) (Ita) Again?

From what I've heard, and it's only that, but no smoke etc....... Aircraft on the ground don't make money, and many of their aircraft have been parked around every spare peice of taxy way at Ronaldsway, routes being cut, the latest being Manchester, and some redundency notices issued to both Flight crew and Ground Staff. An investigation by Price Waterhouse rumored to have begun at the request of a major Bank, Somthing to do with the lease deal on the RJ's. What a joke to call themselves the Islands Airline!!!!!! Still, best they go under before the winter and inherent cost of de-icing aircraft, if they are going to bother this season!

Good luck to the guys and gals though, they are a real hard working bunch, shame they have been taken in and shafted by Mr S.
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Old 28th Sep 2005, 17:55
  #163 (permalink)  
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Well from what I have heard, neither of the above two comments are true. Before you start slinging mud around, you should really check who actually owns the aircraft... then check who is backing Euromanx... add two and two and try not to get 42.

Also, you might like to consider that under many lease arrangements, you only actually pay for the hours that the aircraft flies (plus daily/C-check requirements). So if it sits around, it isn't hurting EMX (much).

And finally, whilst nobody likes it, it is sometimes necessary to prune aircraft or crews in the face of difficult trading conditions. EMX wouldn't be the first, many large airlines have done the same in recent years (including some of the big charter carriers).
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Old 28th Sep 2005, 21:46
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Can anyone update us on what fleet they have left and what the medium term aircraft will be for London City - with the RJ's on the way out, what will be used to keep this going on a two-per-day frequnecy?
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Old 1st Oct 2005, 09:51
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I know for a fact, and this is correct info and not a rumour or gossip, Pilots working for Euromanx have had phone calls yesterday telling them they do not have a job any more.
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Old 1st Oct 2005, 10:57
  #166 (permalink)  
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Ah well that would explain a few things going on here... although I sincerely hope they are OK.

I had thought they we financially OK, so I'm rather surprised.
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Old 1st Oct 2005, 13:34
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Would have thought the pretty radical surgery to Galway and route shutdowns announced recently suggested that things were not good on the finance front. Backers perhaps demanded some action and be quick about it! Many said the initial expansion was too fast too soon and it appears to be the case. Unfortunatley it's the workers who catch the fallout. Rumour has it that cabin and flight crew have been made redundant. Another glorious day in the annals of Manx aviation.
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Old 1st Oct 2005, 14:03
  #168 (permalink)  
 
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Significant amount of funds invested into 3W on the basis that they can get their act together quickly, so the rationisation of IOM routes and the quick decision to get out of Galway seem to be the most sensible decisions made for quite some time. Sorry to hear about the job losses though.
Word from an Aer Arran instructor that they would be willing to type rate 3W guys on the ATR72/42 based on the Island as part of their growth plans. Might be word making contact ??
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Old 1st Oct 2005, 19:35
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TGI Flyin:

Any chance of emailing me if you have a contact regarding your comments,

"Word from an Aer Arran instructor that they would be willing to type rate 3W guys on the ATR72/42 based on the Island as part of their growth plans. Might be word making contact ??"

Unfortunately I was one that got the letter "Don't turn up on Monday"

Cheers
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Old 1st Oct 2005, 20:19
  #170 (permalink)  
 
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Wingnut

Not sure how to contact them, but this is what it says on their website.


"We are currently inviting applications for future Captain opportunities with Aer Arann.

An ATR Type Rating is desirable, however it is not essential. Conversion training can be arranged for the right candidate.

Bonding arrangements will apply where conversion training is provided.

Type rated candidates to hold:

Current ATR 42/72 Command.
JAA-ATPL
Non type rated candidates:

JAA-ATPL
Total-time - 3000hrs, minimum
Command on JAR25 aircraft "
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Old 2nd Oct 2005, 05:16
  #171 (permalink)  
 
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Atlantic air have removed their aircraft from the island, so 3W now have to manage with just their own airframes, and the emerald ATP's. The Southampton, Glasgow & Stansted routes are stopping, leaving considerably less overall for them to handle.

Yesterday's London city was operated by a Dash-8 300 (OEHBB) I believe for the first time the company's own dash has gone into the city ?

Aer Arann begin liverpool services tomorrow...............
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Old 2nd Oct 2005, 08:59
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Schedule

After checking thier website they have actually updated the home page with a new route map, which looks far more realistic for them to operate, and a news link.

They dont announce the slashing of previous routes or whats happened about the fleet.

But, the timetable only states 3 aircraft...DH8, 328 and EQV? I dont know what EQV is? But, looks like to me that the RJs are not operating any...unless EQV is some kind of shortcut for RJs!
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Old 2nd Oct 2005, 09:14
  #173 (permalink)  
 
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EQV

Very simple actually, EQV = Equipment Varies

Seems to cover practically every route that Euromanx has operated?

Scottie Dog
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Old 2nd Oct 2005, 09:44
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Manx traveller - where did you get this about a Price Waterhouse investigation, pretty damming claim if its true?
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Old 2nd Oct 2005, 10:58
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I was called in to do an ACMI charter for Euromanx in my last company. Never seen such an unhappy and disorganised set up!

How long will the Manx government continue to bail them out?
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Old 2nd Oct 2005, 11:41
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Reduced operation for winter with 2 Dash 8s and 2 Dorniers with the ATP carrying on the LPL.

RJs at 2 bucks a gallon for fuel could not make Galway work.

Aer Arran gets kicked off Dublin Cork by Ryanair and has to find something for the ATRs.

Good luck to the EMX guys / gals. and hope those that are left make it.
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Old 2nd Oct 2005, 12:57
  #177 (permalink)  
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So I suppose the question would be, what are they going to do with the RJ's? Mothball them until the summer, or dispose of them?

The clue would be whether or not they have retained any RJ crew (and the new jet FM).
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Old 2nd Oct 2005, 15:17
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No bail out by manx gov for any carrier!
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Old 3rd Oct 2005, 07:13
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Competition invited in by manx government, as if aviation on the island wasn't fragile enough.
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Old 3rd Oct 2005, 08:29
  #180 (permalink)  
 
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Euromanx canxd SOU flights but not advised SOU authorities. They have also let down tour operators by walking away from winter charters.
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