Eirjet
Join Date: Jul 2006
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eirjet
all there aircraft have now been returned to there owners as of yesterday some are being positioned into other airlines however this operation is through them and not eirjet. Staff have been told nothing as of 5pm last night, few cabin crew friends anxious about what's going on in there. Management in eir are a sound bunch of lads I think the excel thing had a major factor for 2007!
All the best lads/girls
All the best lads/girls
Join Date: Feb 2006
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Notice the guys at the start of the thread have not raised there hands and apologised after what they said at the start of the thread. Rumours are rumours but at the end of the day some of the rumours are always gonna turn out to be true as thats how the world works!
In my opinion you should APOLOGISE!
In my opinion you should APOLOGISE!
Join Date: Dec 2003
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Pilotdom
I agree and apolygy is in order. I understand the difficulties Danny and the moderators have in trying to keep the site running and still protect advertisers. Not all rumours turn out to be true but that is the nature of a rumour isn't it? But when they do then a heads up to an operator "ceasing flying" is powerful information to pilots who may not be fully aware of what is happening and gives them an opportunity to try to put things in order before the loose their jobs.
Discretion is employed by the mods and I respect the job is a difficult (and part time) one. The rules have changed slightly since pprune was born and I applaud danny and others for keeping things afloat.
Having time on A32os.... I am sure Shamrock will pick up a few direct entry boys in the coming months.
rgds,
GP.
I agree and apolygy is in order. I understand the difficulties Danny and the moderators have in trying to keep the site running and still protect advertisers. Not all rumours turn out to be true but that is the nature of a rumour isn't it? But when they do then a heads up to an operator "ceasing flying" is powerful information to pilots who may not be fully aware of what is happening and gives them an opportunity to try to put things in order before the loose their jobs.
Discretion is employed by the mods and I respect the job is a difficult (and part time) one. The rules have changed slightly since pprune was born and I applaud danny and others for keeping things afloat.
Having time on A32os.... I am sure Shamrock will pick up a few direct entry boys in the coming months.
rgds,
GP.
Join Date: Mar 2003
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Eirjet trying to refinance struggling business
Eirjet trying to refinance struggling business
From:ireland.com
Thursday, 19th October, 2006
The owners of Shannon-based charter airline Eirjet have embarked on a last-ditch effort to refinance the struggling company, which suspended all of its flights yesterday amid a deepening financial crisis. Arthur Beesley, Senior Business Correspondent, reports
Eirjet, which operates four Airbus A320 aircraft, is the latest in a line of small charter airlines to encounter serious trading difficulties in a notoriously volatile sector. A number of these operators failed to survive.
Managing director Paul Schutz said the company had assured the Commission for Aviation Regulation, which oversees the sector, that no individual passengers would be discommoded as a result of Eirjet's difficulties.
As the airline's problems worsened in recent days, it moved at the weekend to tell the tour operators that charter its services to make alternative arrangements.
While a note posted on the regulator's website last evening said that Eirjet had ceased trading, Mr Schutz said that was not so.
"We have ceased flight operations. We have not ceased trading as of yet. We took the decision that we could not guarantee services this week. We took that decision to protect passengers," he said.
He declined to quantify the size of financial deficit or specify the nature of the issues that prompted its difficulties.
Mr Schutz was hopeful that the problem could be rectified, but he declined to put a deadline on the effort to raise money. Neither would he say whether the airline was already in discussions with a party or parties about a specific refinancing package.
He said the company's 81 permanent and 51 contract staff had not been put on notice but he acknowledged that failure to resolve the funding problem would have implications for their employment.
Eirjet's clients include Ryanair and Aer Lingus but it mainly provides charter services for travel agencies. Its clients include Abbey Travel, Falcon, Stein Travel, Sunway, JWT, Gerry McMahon Travel, Slattery's and Topflight.
The company's founders include businessman Bernard Healy, owner of Dublin company Idray which controls the travel agencies Omni Tours, Omni Travel, Malaga Express and Faro Express. Eirjet has been flying since December 2004.
From:ireland.com
Thursday, 19th October, 2006
The owners of Shannon-based charter airline Eirjet have embarked on a last-ditch effort to refinance the struggling company, which suspended all of its flights yesterday amid a deepening financial crisis. Arthur Beesley, Senior Business Correspondent, reports
Eirjet, which operates four Airbus A320 aircraft, is the latest in a line of small charter airlines to encounter serious trading difficulties in a notoriously volatile sector. A number of these operators failed to survive.
Managing director Paul Schutz said the company had assured the Commission for Aviation Regulation, which oversees the sector, that no individual passengers would be discommoded as a result of Eirjet's difficulties.
As the airline's problems worsened in recent days, it moved at the weekend to tell the tour operators that charter its services to make alternative arrangements.
While a note posted on the regulator's website last evening said that Eirjet had ceased trading, Mr Schutz said that was not so.
"We have ceased flight operations. We have not ceased trading as of yet. We took the decision that we could not guarantee services this week. We took that decision to protect passengers," he said.
He declined to quantify the size of financial deficit or specify the nature of the issues that prompted its difficulties.
Mr Schutz was hopeful that the problem could be rectified, but he declined to put a deadline on the effort to raise money. Neither would he say whether the airline was already in discussions with a party or parties about a specific refinancing package.
He said the company's 81 permanent and 51 contract staff had not been put on notice but he acknowledged that failure to resolve the funding problem would have implications for their employment.
Eirjet's clients include Ryanair and Aer Lingus but it mainly provides charter services for travel agencies. Its clients include Abbey Travel, Falcon, Stein Travel, Sunway, JWT, Gerry McMahon Travel, Slattery's and Topflight.
The company's founders include businessman Bernard Healy, owner of Dublin company Idray which controls the travel agencies Omni Tours, Omni Travel, Malaga Express and Faro Express. Eirjet has been flying since December 2004.
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EI-DOZ is indeed going to Mandala, I heard that the lease fell through, it may be going to US instead? Another aircraft was to go to Mandala aswell so this is obviously EI-DIJ
Join Date: Apr 2004
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Wet leasing
The amount of wet leasing that Eirjet engaged in throughout 2005 and 2006 must have seriously depleted their finances. Similar wet leasing by Jet Magic during 2003 was probably the
Single biggest factor in their demise.
Single biggest factor in their demise.
Join Date: Oct 2005
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Bye Bye Eirjet
Yeup, I think that the cost of subbing in of a/c was what put an end to this company, although there were a number of other factors, including horrific delays in the first season(summer 2005) and the bad reputation that they gained from 8-12 hour delays. Especially in Cork where JWT/Falcon had most work contracted to eirJet.
There was also that infamous incident when an A320 landed in the wrong Derry "airport". This did not help their credibility.
I also think that poor fleet planning had a lot to do with it. They scheduled most charters for the weekend, as opposed to spreading it out a little more throughout the week, leaving them seriously exposed when an aircraft went tech. Which they did! This led to delays and subbing in of a/c, from anywhere eirJet could get them.I doubt those ad-hoc 757s L-1011s and 330s came cheap either.
The decision to operate so many W patterns from SNN to other Irish Airports must also be questioned. To be honest I think that the common sense of managment must have been quite poor, otherwise they would not have made the same mistakes over and over again.
That siad, I am sorry for all they staff and the fact that they know nothing concrete about their futures.
There was also that infamous incident when an A320 landed in the wrong Derry "airport". This did not help their credibility.
I also think that poor fleet planning had a lot to do with it. They scheduled most charters for the weekend, as opposed to spreading it out a little more throughout the week, leaving them seriously exposed when an aircraft went tech. Which they did! This led to delays and subbing in of a/c, from anywhere eirJet could get them.I doubt those ad-hoc 757s L-1011s and 330s came cheap either.
The decision to operate so many W patterns from SNN to other Irish Airports must also be questioned. To be honest I think that the common sense of managment must have been quite poor, otherwise they would not have made the same mistakes over and over again.
That siad, I am sorry for all they staff and the fact that they know nothing concrete about their futures.
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The armchair experts.....
Here we go - wheel in the wheelchair experts!
I know - I have a really cunning plan! Lets fly passengers during the week when they don't want to fly! What a cracking idea! For your information, the bulk of Eirjets work was from tour operators, customers who tell eirjet when to operate their aircraft.
Oh yes and since when did aircraft know what day of the week it was? They only go tech during the week now do they? Hmm.........
Come on lads, give us all a break! Don't give them a kicking, its support thats needed right now.
They scheduled most charters for the weekend, as opposed to spreading it out a little more throughout the week, leaving them seriously exposed when an aircraft went tech.
Oh yes and since when did aircraft know what day of the week it was? They only go tech during the week now do they? Hmm.........
Come on lads, give us all a break! Don't give them a kicking, its support thats needed right now.
Join Date: Oct 2005
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To be quite fair, most passengers dont have much of a choice when their CHARTERED flights are. The flight times are usually confirmed to passengers in about Jan/Feb, and before that its just guess work. Many charters which I flew on were in the middel of teh day, in the middle of the week. (and amny more were in the middle of the night!). We didn't complain cause we didnt have a choice of days, and still wouldnt, if we still booked IT packages. People just book a fortnight off work, so the days dont make much of a difference. If you wnat flexabilty the seceduled flights offer that, if you want your holiday served on a plate, the charters offer that.
No, of course a/c dont know what day of the week it is, which is exactly why fleet schedulers should plan for aircraft having a problem. Also the ATC situation over europe aint the best usually, so that can add farther delays, then youve got the dirunk passengers who are in the pub, their bags have to be off-loaded, etc, etc. EIR had time to work this out, but choose not to. You dont see many TOM/FCA/MON et al sitting around Mon-Thurs do you?
Yes, it is very sad for all the crew at EIR, and I fully support them, it stinks that because of crappy managment people loose their jobs. Hopefully EIR people will find work elsewhere, or perhaps be instrumental in the rebirth of the company.
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Brian:
Somehow I don't think you've experienced the charter airline/tour operator interface directly. It's not quite as simple as you seem to think for an airline (especially a relatively new, non-established one) to dictate what days it'll fly on. Tour operators have particular day-of-the-week requirements. In some cases that's because of weekly self-catering accommodation changeover days (frequently Saturday or Sunday). If the tour operator comes to your new little airline and says "can you quote me for a series of 20 flights to Faro on Saturdays?" he is unlikely to be particularly impressed if you quote him for Wednesdays instead. You need the business. Of course you'd prefer if it were spread throughout the week. But you don't really have the power to dictate that - it's rather naive to suggest otherwise.
Bear in mind that if the passengers are only getting their flight times confirmed in Jan/Feb for the summer holidays they may have booked a couple of months previously, it's likely because the tour operator has only just finalised the flying programme, i.e. which airline is flying which sector at which time.
I don't know the Eirjet management. I can't judge how good or bad they are. But I would merely note that this is the same management that set up the company and created jobs for people in the first place, and I notice also that they gave their clients advance notice of their shutdown to reduce the impact.
Companies fail for a variety of reasons, of which 'crappy management' is not the only one. If you have direct evidence that this is the principal reason for Eirjet's demise, OK, but otherwise isn't that a bit of a cheap shot?
Somehow I don't think you've experienced the charter airline/tour operator interface directly. It's not quite as simple as you seem to think for an airline (especially a relatively new, non-established one) to dictate what days it'll fly on. Tour operators have particular day-of-the-week requirements. In some cases that's because of weekly self-catering accommodation changeover days (frequently Saturday or Sunday). If the tour operator comes to your new little airline and says "can you quote me for a series of 20 flights to Faro on Saturdays?" he is unlikely to be particularly impressed if you quote him for Wednesdays instead. You need the business. Of course you'd prefer if it were spread throughout the week. But you don't really have the power to dictate that - it's rather naive to suggest otherwise.
Bear in mind that if the passengers are only getting their flight times confirmed in Jan/Feb for the summer holidays they may have booked a couple of months previously, it's likely because the tour operator has only just finalised the flying programme, i.e. which airline is flying which sector at which time.
Yes, it is very sad for all the crew at EIR, and I fully support them, it stinks that because of crappy managment people loose their jobs.
Companies fail for a variety of reasons, of which 'crappy management' is not the only one. If you have direct evidence that this is the principal reason for Eirjet's demise, OK, but otherwise isn't that a bit of a cheap shot?
There is indeed the market, especially on the longer European routes such as the Canaries, for weekday traffic. The days of demand for each destination are well known and quite obvious. But what seems the case here is that Eirjet, like so many smaller operators before them, have misjudged how much all-week, let alone all-year, traffic they could capture. They have acted as a "top up" to supply rather than having a full programme. And so you end up with short weeks and short seasons. And this is all down to their commercial team.
Further they then programmed some notably packed flying programmes into weekends to squeeze the revenue up, no slack at all, which a more established charter operator would no doubt consider impractical. That one extra rotation in the weekend is probably dearly bought as you end up with considerable disorganisation and bad will all round.
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Despise post mortems.....but I do wonder whether there was an opportunity for scheduled sun destinations from Shannon, Knock, Derry, Cork etc. I know some of these have since been launched by FR and EI, but two years ago was there not an opportunity, and maybe still, and yes I realise the model would have been different, but maybe it needed to be. (This is not to be taken as company or management critiscism, merely a thought).