Jet2 - 3

[harrogate]

ncleflights

You're an analyst in the industry? Who do you work for? PM me if you like.

You're wrong about Jet2, I assure you. Be good to hear a more rounded argument from you than the one you've tried making here.

[commit aviation]

I'm no financial whizz kid but I seem to recall Dart group shares were split some time back??? The number of shares increased (doubled?) so the price per share went down (halved presumably?!)

Take that into account along with the general market downturn plus the fact they made a profit. As stated earlier, I don't do finance but I'm sure someone out there can confirm / deny / elaborate!!

[jet2impress]

The shares were split four ways. So this quartered the share price.

[Leodis]

So the share price at the old rate would be around a respectable £1.36 ?

I don't know anything about shares & stocks but it's funny how so many plane boffins seem to know so much about the markets lol.

[redmech]

can't see jet2 been in any trouble as they are planning things for later on in the year, getting rid of proffitless routes make room and scope for the aircraft they have. Don't forget unlike most airlines not just Low cost they own everything outright no bank loans no leases on anything so it will not cost them money to have aircraft on the ground in the down turn that seems to be happening. Plus they have one more 757 coming into service shortly.

ETOPS is the next big thing and this cost so much to get up and runnung, even more so with a mixed fleet of 757's they must have bigger idears for the low cost / charter market.

So personaly think jet2 will be one of the last to vanish from the market. bigger is not always better. bigger means you have more to loose.

[14 loop]

Consolidation....

Although there is consolidation from Jet2 at MAN & NCL, their offering from LBA this Summer (as it stands) will be their biggest ever programme.

They had a very expensive summer (07) at MAN, leasing-in extra capacity which in the end proved too much in the face of competition in the overall North West market. Admittedly they had issues with bad timings on some of their MAN routes (BCN) which meant their load factors and yields were a bit off.

So Summer 2008 sees a refocus - less at MAN, more at LBA and a shift towards the longer sunshine routes and more of Jet2holidays.....(which incidentally easyjet have a similar set-up). Given all the IT consolidation and the talk of a 30% reduction in IT seats this summer, I reckon Jet2 have every chance of making a good operation in this area.

I wouldn't get too excited about the share price, the City is a fickle beast. Likewise the fact that PM owns 40% of the stock, I'd have thought a takeover would be unlikely. Lets see the share price in the summer!

[Evileyes]

Numerous LBA specific posts with little or nothing to do with Jet2 have been move to...... the LBA thread.

http://www.pprune.org/forums/showthr...281463&page=18

[LGS6753]

Two Jet 2 737s at Luton today on charters.
Looks like they are widening their revenue base.

[ls_jet2]

widening our revenue base

I don't think so, we've operated charters regularly for years, this is nothing new to us.

[Sean Dillon]

Don't forget unlike most airlines not just Low cost they own everything outright no bank loans no leases on anything so it will not cost them money to have aircraft on the ground in the down turn that seems to be happening.

Give me strength! Airliner World magazine consultant!!!!

[redmech]

Errr ok

[LEEDS APPROACH]

Jet2 Travel Shops

I think it would be a good idea for Jet2 to open a few travel shops in the cities and larger towns surrounding their bases. If this proved to be popular even smaller towns could get them. There is always a good percentage of people who prefer to book their holidays in this way rather than on the impersonal pc. Who knows Jet2 might even be able to take over the thomson shop in Yeadon if it turns out to be one of 100 shops they are closing. I wonder if local people are really aware of how many destinations thomson have pulled from the airport? What do people think about the travel shop idea? -a Jet2 superstore in the heart of Leeds.

Leeds App.

[ILS32]

I wouldn't have thought a travel shop or shops would be something that jet2 would consider.Jet2 use call centres and the internet to run their business.Everything is done to keep the operational costs down.The cost of buying or leasing properties,extra staff, rates etc would incur additional expense especially in the present business cycle.The shops would have to generate a lot of extra busines to make them profitable.Why are Thomson
pulling out?They are like the Post Office not enough people using them,unfortunately the internet is the future.

ILS32

[Stampe]

If Thomson close a travel shop its for one reason only..it,s not earning its keep.Those that generate a profit remain in business.The industry is moving to internet selling very fast.There will be more mergers and consolidations in the future.

[ropetow]

Apologies if this has been asked before - has Jet2 dropped Edinburgh to Bergamo route ?

Thanks

[airhumberside]

Yes. Replaced by extra EDI-France flights this summer

[4567]

Could a merger beetween Flyglobespan and Jet2 ever happen ?

[757 Speedbrakes]

............ who knows but I don't think so at the moment. Can't really see what either company could benefit from it?

There is both too much change and consilidation going on at Jet2 at the moment as it is!

[Channex101]

Jet2 and flyglobespan i think would be a good idea...
GSM has the 767s LS are after, Jet2 helped GSM get on their feet especially with the EDI base, out SOP/SEP are almost identical, we have 737/757/767 fleet in common, similar routes... i think it would be a good idea, just not at this moment in time.

[GoEDI]

Looks like it wasn't just FR who have been changing their booking engine recently!
I've been looking at flights on LS today and their website used to, quite rightly, show the full fare on the flight select page.
They've now gone back to quoting only the base fare not including taxes. When you do select a fare this 'FR-copy' box appears in the top right of the page quoting the fare and the taxes and shows the total fare.