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Old 25th Jun 2008, 19:48
  #1041 (permalink)  
 
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Harrogate

Fair comment!

I know of people who said they had a bad experience of flying with xxx airline that don't even fly from xxx airport!!!

That said it would be nice to put one over on pikeyairline lol
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Old 25th Jun 2008, 22:32
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EGNMCharlie

I do not see any changes to the Jet2 website. It still states that the Fuel Supplement 'will be added later in the booking process'
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Old 25th Jun 2008, 22:41
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All the prices have gone up now to include the fuel suppment so basically Jersey used to be fm £29.99 plus the fuel supplement. Now its fm £34.99 including the fuel supplement, which if you select hand baggage only and no seat the actual fare is £29.99 plus the fuel supplement but now the only change is that the prices on the home page have the fuel supplement built into them now.
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Old 25th Jun 2008, 23:21
  #1044 (permalink)  
 
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EGNMCharlie

Yes, you are correct. The (from) prices on the home page flight offers do indeed include the fuel surcharge. However, this only applies to the cheapest basic fare offered to the destination and if you travel on a date where the fare is higher (or you use the Find Your Flights facility), you still have to go 'later in the booking process' to find the actual fare.
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Old 26th Jun 2008, 08:23
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Call me thick but, are people saying that the fuel supplement is included ?
Because if so , then why does it state at first page of booking, under fare,taxes and total ,

'Excludes variable payment card fee and fuel supplement which will be added later in the booking process '

Does that not mean the fuel supplement has to be added on????

So still not true fare is it?

So a fare at £20.99 ends up at £48.49 inc tax plus £6.00 fuel supp = £54.49

maybe im either stupid or just tired after working all night, but cant see how can be including fuel if their charging you later on!!!

Dnt get me wrong not complaining about it being 54 quid, but why is it airlines cant give you an upfront price, fair enough if you want to add extra legroom and reserving a particular seat or food, insurance etc... not anti jet2 by anymeans but just very annoying

Just Read the small print at bottom of J2 homepage
Quote'* Payment card fees may apply. Also individual bag charges (if you are travelling with checked/hold baggage)' no mention of fuel supp to be added, still misleading.

Anyone saying that it cant be done , just have a look at easys website, they seem to manage it.

C'mon Jet2 you can do better than this
Rant over , have good day guys(and gals!)

Last edited by take-off; 26th Jun 2008 at 08:49. Reason: spelling!!!!!
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Old 26th Jun 2008, 18:12
  #1046 (permalink)  
 
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Time to buy Jet2 shares me thinks?

With the share price touching an all time low yesterday (12.75p) down from over £1.00+ this time last year its got to be worth a punt. up slightly today (13.25) with oil prices starting to look like its peaked, it wouldn't take much to double your money, they wont go bust and a hostile take over would drive the price up, come on have a flutter
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Old 26th Jun 2008, 18:41
  #1047 (permalink)  
 
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take-off

No, you are not thick and YES it is confusing if not misleading.

The prices advertised on the home page as 'fm' are the lowest price to that destination and include the fuel supplement. The lowest fare is the only fare that includes the fuel supplement as that is the only advertised fare.

It is worth noting that the lowest price to that destination may only be available on one date in a month, so if you choose to travel on that date then you will pay the advertised price which includes the fuel surcharge for that outbound flight only. If however you choose a return flight or choose to travel outbound on a date where the Base Fare is higher, then the fuel surcharge will be added 'later in the booking process'.

I fully agree with you that there is no logical reason why the fuel surcharge should not be incorporated into the Base Fare for all flights like many other airlines do. Until they do so, Jet2 will lack credibility in my eyes.
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Old 26th Jun 2008, 20:20
  #1048 (permalink)  
 
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Facelookbovvered,

Your 19:12 post urging readers to "come on have a flutter" on the shareprice of Dart Group (Jet2) is deeply irresponsible and could be construed as "ramping" (promoting a shareprice for personal gain) which is illegal. I am guessing that your posting is born out of genuine enthusiasm for Jet2 rather than for any malicious reason, but nevertheless you should not post a recommendation to trade shares in any named company again unless you are a licensed professional.

Your contention that oil prices are starting to look like they've peaked is questionable. A short term relief correction in the oil price is a strong possibility, but if you are suggesting that the long-term bull market in oil is over then I fear you are mistaken. Many in the oil industry feel that a continued long-term upward trend in the oil price is inevitable.

"They won't go bust." Really? How do you know? I genuinely hope you are correct, but my impression is that you are guessing and are not intimately acquainted with company accounts. Note that I am not making any judgment on Jet2's financials here, just pointing out that if you wish to claim that a company "won't go bust" you must offer verifiable supporting evidence. "A hostile takeover would drive the price up." Maybe so, but do you know of any current suitors? And how do you know that such a suitor would be willing to pay a sum exceeding the company's current market capitalisation? Is it good business to overpay for an acquisition?

You say that "it wouldn't take much to double your money". Oh yes it would! It would take a ONE HUNDRED PERCENT increase in the shareprice! Forget about historical valuations; they are exactly that - history. Nobody will pay you £1 for a 13p share. The only two prices which matter are today's price and what you project it may achieve in the future based on detailed and rational analysis (not hope or luck). Note that I speak generally here and not of Jet2 in particular. There is a stockmarket adage which states "never catch a falling knife". Cheap shares really can get cheaper and frequently do.

I am not making any judgment on the wisdom of purchasing shares in Dart Group or not. Firstly, it is not my place to do so. Secondly, I have not done the detailed research which is necessary to make such a judgment. What I can say is that commercial aviation is a very dangerous place to invest right now and those who choose to do so should have their eyes wide open. Personally, I enjoy flying with Jet2 and wish them well for the future - but the only investment I will be making in any airline at present will be in exchange for a ticket to travel (and I may well pay by credit card).

For those of you who do wish to invest in (any) shares, please do so on the back of careful research an use only funds which you can afford to lose entirely. Do not believe that a share which has fallen by 80% is destined to return to its former trading range; life is not like that. Finally, good luck to Facelookbovvered and all with their investments, but please do not urge or solicit others to invest similarly to yourself based on hope and sentiment alone. Some may be tempted to gamble money which they cannot afford to lose. There are no "sure things" in stock trading.

Cheers, SHED.
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Old 26th Jun 2008, 21:33
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Shed

I have been having flutters on shares for over 30 years and don't bet money i can't afford to say goodbye to. To be on honest in the early days i used to do lots of research but was wrong just as often as i was right!!

So now i just look at the fundementals of the business, in the early days of Jet2 i thought they were growing to quickly,opening to many bases and so on,things have changed and they have at LBA a captive markets that allows them to mark up the price because the options for most are a drive accross the 62 to Manchester.

Jet2 have a good spread business in transport and night mail, so i will have £5k worth in the next few days and i'll let you know how i go on, its just a flutter............
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Old 26th Jun 2008, 22:26
  #1050 (permalink)  
 
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SHED

I think most of us know that Facelookbovvered isn't the Chancellor of the Exchequer. He's just someone else with an opinion on a message forum about planes. He's hardly painting the tape.

Call off the serious fraud office. They've got better things to do.

H.
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Old 27th Jun 2008, 00:07
  #1051 (permalink)  
 
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Apologies for this TEST POST but my reply to harrogate seems to have disappeared into the ether! I will try again if this posting succeeds ...
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Old 27th Jun 2008, 06:52
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Well, my second reply to 'Harrogate' also failed to appear so I've now ditched the dire old PC at work and settled on the trusty AppleMac back home. Let's try again ...


Harrogate -

I must respectfully disagree with your post. FLB's message could not be treated merely as "an opinion on a message board about planes." The posting contained a direct recommendation to purchase shares in a specified listed company along with the suggestion that "it wouldn't take much to double your money." I'm afraid that such a claim should not pass unchallenged. Especially as it relates to stock in an airline company whose peers are feeling the stress of an extremely chill economic climate.

I am sure that many readers of this forum are financially literate, tolerant of high risk investments and sufficiently wealthy to recover from a loss. But if one person who is not so fortunate is tempted to "have a flutter" on a high risk speculation based on enthusiasm alone, then they may quickly find that the stockmarket can severely punish the unwary. It is an unforgiving place.

I do understand that your reference to the Serious Fraud Office is intended in jest. However, I would point out that I never advocated reporting anything to anyone. Indeed, I stated that I believed that FLB's posting was "born out of genuine enthusiasm for Jet2 rather than for any malicious reason." In my final paragraph I wished FLB good luck with his investment and happily repeat that now. My motive for posting is not to chide FLB but to challenge his assertion that a very high risk share investment represents a great opportunity for other readers here. And my suggestion to any individual that it is a seriously bad idea to post a recommendation to buy or sell specified shares on a message board is for their own protection as well as that of their readers. It does leave the poster vulnerable to legal challenge.

Personally, I hope that FLB's £5K investment does double because that would require fantastic trading conditions for Jet2 - something which I would be delighted to see. Unfortunately, I cannot be as optimistic as he.

Cheers to all. SHED.
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Old 27th Jun 2008, 08:17
  #1053 (permalink)  
 
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Facelookbovvered, good on you, I completely agree.

My parents made most of the money they have saved for my PPL on the stockmarket, they have followed the Dart Groups reports and accounts for the last few years and for my 18th invested me £500 in Dart Group.

Lets hope that it pays off. The stock brokers they use say that the Dart Group is forecasting a £9.5 million profit for the past 6 months, so this is 50% down on last year but its still a good profit.

Just a shame were away on the day the Dart Group results are out!
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Old 27th Jun 2008, 08:43
  #1054 (permalink)  
 
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Facelookbovvered et al

You are no doubt familiar with the ancedote about the American billionare investor who was asked how he could make a small fortune in the aviation industry.

"Start with a large fortune" was the reply

Best of luck to Jet2 but they are at risk, whatever the fundamentals may seem to be. Those fundamentals are not entirely transparent either.

In the present climate companies need more than good fundamentals and low valuation for a share price recovery. Sadly there is no-one in the market who is going to want to buy Jet2. All the other likely suspects have more planes than they know what to do with this winter. The opportunity that presents itself here is the chance to wipe out a competitor with spare capacity rather than going through the pain of integration.

good luck
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Old 27th Jun 2008, 10:33
  #1055 (permalink)  
 
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CaptJ,

Unless PM sells his 40% stake to MOL, it’s not going to happen.

As for using spare capacity to "wipe out a competitor",

I thought most airlines this winter including RYR were going to lay up aircraft, trim capacity, give crews unpaid leave and preserve their profit margin... not destroy it through chasing market share
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Old 27th Jun 2008, 16:07
  #1056 (permalink)  
 
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I suppose this will stir up the usual Jet2 are crap brigade.

A Which? (Consumers Association) customer satisfaction survey of more than 30,000 members has placed Leeds Bradford Airport based low cost airline Jet2 ahead of its rivals, including easyJet and Ryanair. It came out top of the low cost airlines in the British Isles.

Jet2 boss Philip Meeson said ‘We're over the moon at being ranked ahead of the likes of British Airways and KLM, who can't get anywhere near to the low fares we offer, and are of course delighted to be ahead of every other low cost airline in the British Isles.'

‘It's particularly pleasing that we have been singled out for the high standard of service on our flights to Italy, Portugal and Spain. Millions of people travel from the UK to these countries on holiday every year and I'd say to anyone who hasn't flown with Jet2 that, with an endorsement like this and our extremely low fares, why not give us a try?’
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Old 27th Jun 2008, 18:30
  #1057 (permalink)  
 
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Facelookbovvered

Hope you didn't flutter your £5k. If you did it would only be worth £4717 at the close of trading today (and that could have been £4622 at one stage).

I certainly wouldn't be speculating on the Aviation market until well into next year at least. You could double your money, you could also halve your money without too much trouble at all.
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Old 27th Jun 2008, 18:56
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Despite what the public might think, the city will know the results already, particularly the chummy analysts. The drastic fall of the share price I suspect implies that the results are not that good, certainly less than expectation.
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Old 27th Jun 2008, 19:15
  #1059 (permalink)  
 
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Well lets just hope it's a profit.

I've got 9k's worth so its been a buttock clenching rollercoaster few months for me
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Old 27th Jun 2008, 20:34
  #1060 (permalink)  
 
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No money spent yet, probably trade mid next week, i might be off my medication, but i still think that we are near or at the peak on oil prices and the next move in US interest rates will be up, i also think that OPEC will want to show that it has some control over markets and will become more serious about pumping more and hopefully a new (black) president will bring some stability to the world stage, must get back to the real world now and BBrother

Have a great weekend you all lol
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