Jet2 - 3
Join Date: Jul 2007
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the "Big announcement"!!!!!!!!!!!!!!
I hope your not getting us excited about the annual financial report
!A large pay rise, 10 orders for 787's and routes to the US would be nice....... one can dream!!
Join Date: Aug 2000
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I understood it was due to start services to Newark around the end of the summer, but they were not going to be sold by Jet2, in that they were being operated on behalf of someone else.
Join Date: Jan 2006
Location: UK
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Jet2 Takeover / Buyout?
Heard 2 days ago that a deal was in the offing to buyout / takeover Jet2. Reasonable reliable source but no backup, frustratingly.
Anybody heard / know anything more concrete or, failing that, can scotch rumour?
Anybody heard / know anything more concrete or, failing that, can scotch rumour?
Join Date: Feb 2007
Location: Yorks UK
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Bar commission
Channex
Do you get away from station allowance when flying?
I expect you get paid a bit more than us back room types who; agreed don't deal with the numpties nor the risks involved in flying. However we manage on our basic and said thank you for our 2%. If you need your share of the commission to live then I think you've not been fiscally prudent with your lifestyle.
I will now go away and hide before you 'beat' me up.
Do you get away from station allowance when flying?
I expect you get paid a bit more than us back room types who; agreed don't deal with the numpties nor the risks involved in flying. However we manage on our basic and said thank you for our 2%. If you need your share of the commission to live then I think you've not been fiscally prudent with your lifestyle.
I will now go away and hide before you 'beat' me up.
Join Date: Sep 2004
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The amounts we are talking here are not just small pocket change. Some crew can earn up to £500 a month in commission in the summer. Would you be happy if you were going to be losing half of that??? 
Join Date: Jan 2006
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Once again, Jet2 crews will probably be the last to know what is going on. 
A little information would be nice, even if it is to prepare for the worst.
Hopefully the airline manages to resist the likes of Ryanair buying it out, or any other take over. However, mere mortals like myself are never privvy to the mighty board room power struggles and are always prepared for the carpet to be whipped away. (where's the safety net???!!!)
A little information would be nice, even if it is to prepare for the worst.Hopefully the airline manages to resist the likes of Ryanair buying it out, or any other take over. However, mere mortals like myself are never privvy to the mighty board room power struggles and are always prepared for the carpet to be whipped away. (where's the safety net???!!!)
Join Date: Jul 2007
Location: LHR
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Ryanair are grounding 20 planes next winter in order to cut costs cos we have no money apparantly, made the whole of the telesales team in DUB redundant and the wholoe company as far as I can see is getting a pay freeze. I hardly think that they would be considering spending millions on a company that opertes a completely different fleet of aeroplanes plus all the crew training costs involved etc etc.
I woud be stunned if FR were to put in any sort of offer for Jet 2 or if anyone would for that matter.
I woud be stunned if FR were to put in any sort of offer for Jet 2 or if anyone would for that matter.
As Jet2 is a major part of a listed company (Dart Group plc), the first anyone should hear is a public announcement to the City. That's the law.
Of course, there will be senior people involved in any negotiations, but they are sworn to secrecy, and may even have to sign a confidentiality agreement.
Of course, there will be senior people involved in any negotiations, but they are sworn to secrecy, and may even have to sign a confidentiality agreement.
Join Date: Jan 2006
Location: Solihull
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FR/LS
Probably won't happen but not as daft as it sounds?
FR would get Manchester, Newcastle, Leeds & EDI bases, which
were probably targeted for the future anyway (LBA could read DSA & NCL, MME). EDI is already announced and Manchester although close to LPL it
has not stopped BHX and EMA.
Some of the LS aircraft are owned and the 733's will find homes in
Eastern Europe & Africa with the 757's going to pax or cargo operators.
They could use some of the "20" parked 738's in smaller number on the
757 & 733 routes and that would leave crew conversion as the major cost
(and legal fees
) and shifting around the existing FR crews to cover the bases in the short-term.
Yep still expensive but not totally mad
.
GSM would be my other guess but the less said about that the better
.
Pete
FR would get Manchester, Newcastle, Leeds & EDI bases, which
were probably targeted for the future anyway (LBA could read DSA & NCL, MME). EDI is already announced and Manchester although close to LPL it
has not stopped BHX and EMA.
Some of the LS aircraft are owned and the 733's will find homes in
Eastern Europe & Africa with the 757's going to pax or cargo operators.
They could use some of the "20" parked 738's in smaller number on the
757 & 733 routes and that would leave crew conversion as the major cost
(and legal fees
) and shifting around the existing FR crews to cover the bases in the short-term.Yep still expensive but not totally mad
.GSM would be my other guess but the less said about that the better
.Pete
Join Date: Sep 2005
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Big announcement
Well for everybody involved, hope for the best!
probably Jet2 will acquire a high density A380 (the "BIG" anouncement) to do a Low Cost service to NY, loads of fending machines in (they don't want commision) sorry i am just kidding
!
anyway, let's wait!
probably Jet2 will acquire a high density A380 (the "BIG" anouncement) to do a Low Cost service to NY, loads of fending machines in (they don't want commision) sorry i am just kidding
!anyway, let's wait!
Join Date: Jul 2007
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757 & 733 routes and that would leave crew conversion as the major cost
If i wanted to fly dangerously I'd become a stunt pilot!!
Anyway, the above is all 'epidemic' (lol) as there is more chance of Jet2 merging with the new Northwest / Delta airline than PM selling out to MO'L!!
Join Date: Jan 2007
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Is a fending machine a vending machine that you cannot get to work. Sorry
If they sold Jet2, the Dart Group could start up a cargo airline called Channel Express and operate F27's (if they can find any)!!
Statsman
If they sold Jet2, the Dart Group could start up a cargo airline called Channel Express and operate F27's (if they can find any)!!
Statsman
bad joke
Join Date: Jun 2004
Location: UK
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Lets see.
Jet2 have no slots. They operate a different type. Their brand value is tiny. Part of their route structure it totally different to RYR. Their AOC is tied up with a wide business group.
And you think MOL in the teeth of a UK and Irish house price crash and recession will chose to spend money buying an airline that will likely go bust anyway. If for some unfathomable reason he wanted to operate the marginal Jet2 routes then he would just park his jets on their lawn and destroy them within months. No legal fees, no negotiations and no buyout price.
If Globespan, Jet 2, or Baby think that any of the large LoCo's would spend a penny in anything other than driving them to the wall then they are delluding themselves. Buzz and Go occurred during the expansionary land-grab phase. We are now in a deflationary cost saving phase.
There is no room for Baby, Jet 2 or Globe and I expect each to no longer exist 18 months from now.
Jet2 have no slots. They operate a different type. Their brand value is tiny. Part of their route structure it totally different to RYR. Their AOC is tied up with a wide business group.
And you think MOL in the teeth of a UK and Irish house price crash and recession will chose to spend money buying an airline that will likely go bust anyway. If for some unfathomable reason he wanted to operate the marginal Jet2 routes then he would just park his jets on their lawn and destroy them within months. No legal fees, no negotiations and no buyout price.
If Globespan, Jet 2, or Baby think that any of the large LoCo's would spend a penny in anything other than driving them to the wall then they are delluding themselves. Buzz and Go occurred during the expansionary land-grab phase. We are now in a deflationary cost saving phase.
There is no room for Baby, Jet 2 or Globe and I expect each to no longer exist 18 months from now.
Join Date: Nov 2006
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Jet2 rumours
While i dont think that Ryanair will acquire any airlines this year. I think that in the context of grounding 20 planes over the winter, a takeover of Jet2 could work really well.
The 20 738s could be (i realise training of crew would be required) sent to LS bases to operate existing routes, ie MAN LBA etc. The existing fleet could be sold or returned to the lessors, or kept on by the dart group for Frieght, and by next Spring new Ryanair arrivals (738s) could step in to fill the void of the 20 (or less) 738s that would to LS.
As i stated above while it would make sense, i dont think this will happen. However, I can see some consolidation coming within the market. Surely a tie up of a smaller LOCOs ie Bmibaby, Globespan, Jet2 would merit some wisdom?
The 20 738s could be (i realise training of crew would be required) sent to LS bases to operate existing routes, ie MAN LBA etc. The existing fleet could be sold or returned to the lessors, or kept on by the dart group for Frieght, and by next Spring new Ryanair arrivals (738s) could step in to fill the void of the 20 (or less) 738s that would to LS.
As i stated above while it would make sense, i dont think this will happen. However, I can see some consolidation coming within the market. Surely a tie up of a smaller LOCOs ie Bmibaby, Globespan, Jet2 would merit some wisdom?
Join Date: Jun 2004
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Are you on drugs?
RYR can't make a profit on 20 of its aircraft over the winter and park them up instead as it's cheaper. But you think they should start them up and use them on routes currently served by smaller aircraft operated by an airline that doesn't make any money on those routes. Yeah, great plan, stand aside Michael - here's the saviour of Ryanair coming through..
You think Channex can just walk away from their leases without penalty or just pick up freight contracts on a whim?
Here's a better plan all the way from O Learys cattle ranch. You (and Stelios) sit on a big pile of cash at hand. You operate into the teeth of the coming recession by cutting costs where possible and then bleeding money as slowly as possible. The smaller weaker rival airlines run out of blood before you do.
Then you mop up whichever routes you fancy whilst bending the airport operators over the back of the fire truck on charges. Any pilots now out of work are welcome to apply to RYR, paying their CV reading fee, paying for their type rating or conversion and starting on the newly reduced wage structure. And sod TUPE.
That is the future. Along with Aer Lingus going bust as the Eire Tiger dies of bird flu.
RYR can't make a profit on 20 of its aircraft over the winter and park them up instead as it's cheaper. But you think they should start them up and use them on routes currently served by smaller aircraft operated by an airline that doesn't make any money on those routes. Yeah, great plan, stand aside Michael - here's the saviour of Ryanair coming through..
You think Channex can just walk away from their leases without penalty or just pick up freight contracts on a whim?
Here's a better plan all the way from O Learys cattle ranch. You (and Stelios) sit on a big pile of cash at hand. You operate into the teeth of the coming recession by cutting costs where possible and then bleeding money as slowly as possible. The smaller weaker rival airlines run out of blood before you do.
Then you mop up whichever routes you fancy whilst bending the airport operators over the back of the fire truck on charges. Any pilots now out of work are welcome to apply to RYR, paying their CV reading fee, paying for their type rating or conversion and starting on the newly reduced wage structure. And sod TUPE.
That is the future. Along with Aer Lingus going bust as the Eire Tiger dies of bird flu.