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Old 20th Apr 2010, 07:44
  #3261 (permalink)  
 
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It'll be costing lots that's for certain. Probably not as much as most though as the majority of the fleet aren't leased.

Quiet winter months were planned, unfortunately this present situation has started at the start of our increase in flying program, and once it's cleared you won't be saying Jet2 are not very busy, it'll be fly fly fly.
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Old 20th Apr 2010, 08:21
  #3262 (permalink)  
 
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It will still cost them plenty to have the aircraft sitting on the ground.

The aircraft may not have expensive leases, but they are not paid for.
They are mortgaged, some against the land held by Fowler Welch Coolchain.

Even Jet2s aircraft need to fly to break even.....

LJ
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Old 20th Apr 2010, 08:35
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I would hazard a guess at around £1m a day, the bigger problem is forward booking which slumped in the last few days with all airlines.

Very few would be booking any trips for the next few weeks so the cash flow starts to dry up but the money (wages and so on) keeps flowing out.

coaching accross Europe wont be cheap either and they still have to pay someone else to take them over or under the channel.

Every cancelled flight equals a refund so money will be pissing out of the business if this continues into next week they will have to look at stemming these losses, that means wages!! sh1t
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Old 20th Apr 2010, 09:22
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good points guys,the long term effects of this could be devarstating for a lot of airlines,flb as you say cash flow from future bookings could be a problem,plus customer confidence wont help,lets hope this is over very soon and the other one dont blow.
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Old 20th Apr 2010, 09:24
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Aircraft

A note on the Jet2 website suggests transport from Tenerife at 12.20 today. A quick glance at TFS airport departures suggests this was a TCX flight at 12.20. Is there a TCX aircraft on Tenerife island, that could do shuttles to Toulouse or Barcelona etc.

Reference to coach travel, it is easy to recuit but painfully slow. For example, Barcelona - Calais - allow 18 hours, Milan - Calais - allow 14 hours and so on.

If I had to rescue straned pax by coach, I think I would use a foreign coach for part and try to meet it somewhere with a British one, or better still, send a British one, rest the two drivers and return.

At least Jet2 seem to be really making efforts to get people moving.

Have the coach departures from Barcelona, Alicante and Murcia arrived at Leeds yet?
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Old 20th Apr 2010, 09:50
  #3266 (permalink)  
 
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any one see tim jeans on newsnight last night, he was asked could this send some uk airlines over the edge he replied not as all uk airlines were very well funded rather smug i thought his airline may have billionaire backers but not all are as fortunate
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Old 20th Apr 2010, 11:22
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757 departed NCL for SSH this morning to bring stranded pax to mainland Europe
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Old 20th Apr 2010, 11:40
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Actually he didnt say all british airlines are going to survive this he said most were very well funded and would ...not all, i can think of one recent start up airline that might not
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Old 20th Apr 2010, 14:12
  #3269 (permalink)  
 
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Can anyone help me as to why Jet2 self handle at certain locations and the thought processes behind the decision to self handle? I'm just looking into the ground handling arrangements of UK airlines and Jet2 strike me as a little unusual as they have gone down this road rather than agencies at LBA etc.

Many thanks

Mark
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Old 20th Apr 2010, 15:39
  #3270 (permalink)  
 
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The Tenerife flight was the White A310 as EXS9011 to Barcelona.
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Old 20th Apr 2010, 16:45
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looks like things are starting to improve slowly,2x757s landed at man,also just seen on casper live exs0951p 737 jet2 37150ft heading south past chester
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Old 20th Apr 2010, 18:27
  #3272 (permalink)  
 
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Rescue

LR, LZ and AD were all airborne a couple of hours ago. No idea where they have gone though.
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Old 20th Apr 2010, 18:29
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Yes Jet2 have 3 planes on their way to Faro (1) and Malaga (2) with the Faro plane hopefully landing back at Edinburgh with a Malaga and the other going to Newcastle.
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Old 20th Apr 2010, 18:36
  #3274 (permalink)  
 
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LR, LZ and AD were all airborne a couple of hours ago. No idea where they have gone though

LZ is currently holding over Portugal

Flight Number
: EXS953P
Company : Jet2.com
ICAO Hex Code : 400A32
Reg Code : G-CELZ
Model : Boeing - B737-377/F

LR is currently on aproach to Malaga
Flight Number : EXS955P
Company : Jet2.com
ICAO Hex Code : 400A5F
Reg Code : G-CELR
Model : Boeing - B737-330 (QC)

LA is currently on aproach to Malaga

Flight Number
: EXS0951P
Company : Jet2.com
ICAO Hex Code : 400A33
Reg Code : G-CELA
Model : Boeing - B733
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Old 20th Apr 2010, 20:29
  #3275 (permalink)  
 
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Dart Group PLC: Trading Statement | Company Announcements | Investegate

Trading update from Dart Group. Impact on profit from volcano of £2.8m, daily impact of £0.35m.
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Old 21st Apr 2010, 07:39
  #3276 (permalink)  
 
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Jet2

The trading statement revealing the costs associated with the volcano is not the best of news, but not as bad as it may have been. The shares took a knock on Monday and Tuesday.

Good to see the first three flights have gone from Leeds already, whilst Ryanair are still cancelled.

I suspect most of the outward flights will have carried people who were prebooked on previous flights, but hopefully they will pick up a few extras.

Last edited by EuroChallenger; 21st Apr 2010 at 08:00. Reason: More clarity
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Old 21st Apr 2010, 07:44
  #3277 (permalink)  
 
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Trading statement

On what basis is the trading statement not good news.??

Performance in line with market expectations...
Foward bookings ahead of expectations and probably a lower impact from the volcano than most had predicted.

This combined with contininued expansion of Fowler-Welch hardly has the alarm bells ringing does it?
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Old 21st Apr 2010, 07:58
  #3278 (permalink)  
 
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News

I meant it is not good news in regard to the costs incurred by the volcano. The stock market is clearly reassured though, as despite falls on Monday and Tuesday, the shares are up 10% so far today.

One difficulty facing all airlines in the coming days will be exactly how many people will want to fly? Look at Geneva or Nice as an example. I would guess that most pax stuck there will already have legged it!

Good to see those flights already gone from Leeds today, showing how quickly plans can be put into action.
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Old 21st Apr 2010, 08:01
  #3279 (permalink)  
 
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fair enough!
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Old 21st Apr 2010, 09:57
  #3280 (permalink)  
 
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Mixed bag really, on the one hand lots of positive feedback for getting aircraft into the air, but many pax will have made their own plans a few aircraft will be less than full i suspect, although they may be able to pick up additional revenue from people who see Jet2 flights on the departure boards at AGP and try and buy seats?

Whether the safety case is there or not i am not sure? if the they do a borescope check this weekend and find glass residue in the engines, then its game over because the fleet will be grounded until all engines have been checked and if needed replaced, well do the maths?
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