Nexus Airways Is Starting (Merged)
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Running an airline on just an A' Level in Aviation Studies ? And genuine financial backing for lease of an aircraft ? Come on.
Now let's have a quick poll on qualifications on the likes of Sir Richard ?
Anyone with any knowledge or interest in this business know his history.
But then he hasn't done too badly. I just reckon he has some very sharp financial people around him.
One does love the British Press ... sigh.
Anyone more in tune than myself as to why when these announcements come about, it takes 3-4 months to start operating ? That is, of course if it to be believed.
Now let's have a quick poll on qualifications on the likes of Sir Richard ?
Anyone with any knowledge or interest in this business know his history.
But then he hasn't done too badly. I just reckon he has some very sharp financial people around him.
One does love the British Press ... sigh.
Anyone more in tune than myself as to why when these announcements come about, it takes 3-4 months to start operating ? That is, of course if it to be believed.
Wherefore Art I?
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He's a flight-simmer, and this has been news on the FS boards for a week now.
Here's the thread:
http://www.flightsimmer.com/forums/s...ad.php?t=40275
Good luck to him. He'll need it.
RD
Here's the thread:
http://www.flightsimmer.com/forums/s...ad.php?t=40275
Good luck to him. He'll need it.
RD
GunsssR4ever
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From SA
He even made it to Financial Headline News in SA :
http://www.finance24.com/articles/de...8-1783_1739449
London - A British teenager said on Monday he had launched a low-cost airline from his bedroom, becoming possibly the youngest airline boss in the world.
Daniel Reilly, an 18-year-old student, from northern England said: "I started flying lessons when I was 16 and my friends started joking about us buying a plane together and flying people around the world.
"It was just a joke really but I took it a bit more seriously and decided to look into it."
Reilly decided to explore how to establish an airline as part of a business studies course that he was taking as part of his high school A-Level subjects.
Reilly said: "I called round a few airlines and asked how they had done it and I slowly realised it was quite achievable."
Daniel, who attends Deyes High School in Maghull, showed his project for Nexus Airline to a financial adviser who found backers for the business.
Initially Nexus will operate services from an airport in Liverpool, northern England, to the Spanish Canary Island destinations of Tenerife, Gran Canaria, Lanzarote and Fuerteventura.
Customers will be able to book flights - which cost from £50 one-way - from Friday, with the first flights scheduled to take off on November 1.
In the meantime, Reilly was awaiting the results of his A-Levels in business studies, English language, sociology and general studies.
"Most of my school friends are now going off to university but I'm in charge of an airline," he said.
"I don't know if I will be the next (Virgin boss) Richard Branson but I certainly wouldn't say no."
Daniel Reilly, an 18-year-old student, from northern England said: "I started flying lessons when I was 16 and my friends started joking about us buying a plane together and flying people around the world.
"It was just a joke really but I took it a bit more seriously and decided to look into it."
Reilly decided to explore how to establish an airline as part of a business studies course that he was taking as part of his high school A-Level subjects.
Reilly said: "I called round a few airlines and asked how they had done it and I slowly realised it was quite achievable."
Daniel, who attends Deyes High School in Maghull, showed his project for Nexus Airline to a financial adviser who found backers for the business.
Initially Nexus will operate services from an airport in Liverpool, northern England, to the Spanish Canary Island destinations of Tenerife, Gran Canaria, Lanzarote and Fuerteventura.
Customers will be able to book flights - which cost from £50 one-way - from Friday, with the first flights scheduled to take off on November 1.
In the meantime, Reilly was awaiting the results of his A-Levels in business studies, English language, sociology and general studies.
"Most of my school friends are now going off to university but I'm in charge of an airline," he said.
"I don't know if I will be the next (Virgin boss) Richard Branson but I certainly wouldn't say no."
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You've got to admire the entrepreneurial spirit of these young guys. But they really need a dose of reality into their marketing spin and some delivery not just press releases would be nice.
I'm sure it will only be a few weeks before we hear of a GCSE student planning to fly your weekly shopping home from Tesco's for £3.99 by helicopter.
Anyway if that is you, don't let the cynics get you down and you owe me some money for stealing my idea!
I'm sure it will only be a few weeks before we hear of a GCSE student planning to fly your weekly shopping home from Tesco's for £3.99 by helicopter.
Anyway if that is you, don't let the cynics get you down and you owe me some money for stealing my idea!
Wherefore Art I?
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Hi Guys,
Dont wanna put anything down as good luck to the lad but no sign of any atol numbers etc or do they have a deeds of undertaking aggreement with Futura.
From doing a search on the atol website .... no signs of atol.
can some pls just dble check incase i have missed something
http://www.atol.org.uk
cheers
tj747
Dont wanna put anything down as good luck to the lad but no sign of any atol numbers etc or do they have a deeds of undertaking aggreement with Futura.
From doing a search on the atol website .... no signs of atol.
can some pls just dble check incase i have missed something
http://www.atol.org.uk
cheers
tj747
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Re ATOL
It appears that an airline doed not need an ATOL license.
This is taken from the EZY site when referring to ATOL:
This is taken from the EZY site when referring to ATOL:
Particular exceptions to this requirement are where the customer purchases the travel direct from the airline or those of the airline's agents who provide a ticket immediately upon payment of the fare. The airline which will be operating the flight does not have to hold an ATOL.
No, indeed an airline does not require an ATOL. However, Nexus Airways isn't an airline. It does not hold an Operating Licence or an Air Operator's Certificate, both of which would be required for it to be properly classed as an airline. In its current guise, it is a tour operator; and needs either to hold an ATOL or provide a deed of undertaking from the operating carrier (which looks to be Futura in this case) that Futura will honour all ticket sales or provide refunds if Nexus Airways ceases trading.
Hope they've got their ducks in a row on this one.
Hope they've got their ducks in a row on this one.
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They're going to be operating under Futura's for 6 months, whilst their one is processed. (If they last that long 
)
This sounds very risky. Apparently, EasyJet are helping design their website. Surely if there was money to be made on these routes EZY wouldn't be helping whatsoever, but attempting to run the airline into the ground.
Didn't Go suffer badly when they operated to TFS from STN a couple of years back, considering the long flight times comprimising crew's hours if there are delays etc?
This new breed of 18 year old CEO's isn't good. If all goes badly these young men will be declared bankrupt at a very young age.
)This sounds very risky. Apparently, EasyJet are helping design their website. Surely if there was money to be made on these routes EZY wouldn't be helping whatsoever, but attempting to run the airline into the ground.
Didn't Go suffer badly when they operated to TFS from STN a couple of years back, considering the long flight times comprimising crew's hours if there are delays etc?
This new breed of 18 year old CEO's isn't good. If all goes badly these young men will be declared bankrupt at a very young age.
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If all goes badly these young men will be declared bankrupt at a very young age.
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As with Alpha1, I wish the guy well, but I don't see any real innovation here. Alpha 1 were at least trying to fill in a gap in the short hop market.
Even if the business studies text books say "get in to a market before your competitors do", there are many good reasons why the likes of Easy, Ryan, 'baby and flybe have avoided the Canary islands.
Positioning flights would only have a sector time of 15 minutes, although I'm sure the take off / landing cycle still burns a fair bit of fuel.
I'm not sure if the guy studied Geography A-Level, but the Canaries are a very long way from the UK, relative to all the other European destinations the locos like to fly to. I'm sure the Economics text books would have a few words to say about high fuel prices, whereas the physics texts books might help work out the exact amount of fuel needed to get there.
I suspect that £50 one way would barely cover the fuel costs.
Even if the business studies text books say "get in to a market before your competitors do", there are many good reasons why the likes of Easy, Ryan, 'baby and flybe have avoided the Canary islands.
Positioning flights would only have a sector time of 15 minutes, although I'm sure the take off / landing cycle still burns a fair bit of fuel.
I'm not sure if the guy studied Geography A-Level, but the Canaries are a very long way from the UK, relative to all the other European destinations the locos like to fly to. I'm sure the Economics text books would have a few words to say about high fuel prices, whereas the physics texts books might help work out the exact amount of fuel needed to get there.
I suspect that £50 one way would barely cover the fuel costs.
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I'm not certain this Nexus will survive.
I spoke the to guy who started it about 5 months agoun, and he told me they intend to drop the Boeings after a year and switch to Airbus.
While this is okay for an established airline with enough money in the koffers to absorb the cost, I highly doubt that a start up with just 12 months under its belt ( at that point) will manage it. Leasing might help. But I'm very skeptical
Personally, judging by the e-mails we traded, he sounds like a spotter who just wants to play with Airbus A320s
I spoke the to guy who started it about 5 months agoun, and he told me they intend to drop the Boeings after a year and switch to Airbus.
While this is okay for an established airline with enough money in the koffers to absorb the cost, I highly doubt that a start up with just 12 months under its belt ( at that point) will manage it. Leasing might help. But I'm very skeptical
Personally, judging by the e-mails we traded, he sounds like a spotter who just wants to play with Airbus A320s
Last edited by Bmused55; 19th Jul 2005 at 10:47.
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Just off the general tack here, I am slightly puzzled why if this guy lives in Liverpool is going to operate his flights from Liverpool then why is he going to open his office in Bradford.
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About this ATOL. As already said schedueld airlines don't need one. But Nexus is (in effect) a tour operator. However, isn't there some kind of loophole? Remember when Air Scotland started, they were doing the same. Selling tickets on chartered Electra/Air Holland flights. Their website had a whole section on why they didn't need an ATOL, calling themselves the "ticket provider" for said flights or soemthing similar.
Who knows whether this will work. Regards easyJet, Go, Ryanair, etc this is a slightly different market. Nexus, at the moment, is nearer the tour operator end of the scale, so Futura name a price for the oepration and take care of all that, Nexus have only got to worry bout selling seats. Far less risky way of starting an airline. Good luck to him.
Who knows whether this will work. Regards easyJet, Go, Ryanair, etc this is a slightly different market. Nexus, at the moment, is nearer the tour operator end of the scale, so Futura name a price for the oepration and take care of all that, Nexus have only got to worry bout selling seats. Far less risky way of starting an airline. Good luck to him.
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Have to confess, read the Daily Star today as it was lying around and there is a picture of him in there. I hate it when tabloids call people the new Richard Branson. Where is his music company?
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Was speaking to someone at work earlier, apprently the "airline" only have funds of under 100k....seems like far too little to start this kind of operation up. In my normal role at work I'd usually expect an operation like this to start with at least a couple of million not pennies. Overly ambitious, the guy is dreaming, at least the young 'un at Alpha1 has a sensible idea on a sensible scale.
Soon the UK airline industry is going to be looking like bloody Busted!!!
Soon the UK airline industry is going to be looking like bloody Busted!!!
Last edited by freeflaps; 19th Jul 2005 at 18:08.
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I'm slightly cautious about this one. As some of you know I've done a bit of work for Martin Halstead at Alpha One, I warned him when we started out to keep it small and build it up slowly. I can't helpi thinking that this is taking it one step too far, especially if he has the limited funds that freeflaps seems to suggest. If he does only have a very small amount of cash to start up with and is relying on pax revnue he is doomed to failure and its not often I'd say that. Sorry,but I jsut don't see it working at all, especially at £50OW. If he is ACMIing from Futura, as I;m sure he is, then I just can't see how it will work. Lets say he is paying rock bottom at £1,600 per hour for a full ACMI (this would be unbelievably cheap) then with a full load of 170 PAX the breakeven per PAX is £37.65 each way and that's not including landing fees or positioning flights. it just isn't going to work.
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Just seen the short clip on the BBC news website on Nexus. I wish the BBC could get some clued up journos to ask the right questions and they'd soon see that this looks exceedingly unlikely to succeed. A+ for effort, but likely result overall is a fail.
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It was interesting to read in The Mail yesterday that when he had the idea, and produced a business plan, he approached a financial adviser he knew who then found someone to invest £50,000 to lease the B737!
I'd love to see the business plan
I'd love to see the business plan