Jet2 - 3
Join Date: Nov 2006
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More so than Aer Lingus, who lets be honest, almost went to the wall a few years back and had to re-brand and seriously down size!
Cost cutting exercise is due and will happen. Besides all that if Aer Lingus folded tomorrow Ryanair could come in and buy it and develop the brand!
BUD
Join Date: Nov 2007
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EI-BUD
Now as much as i knw theres a rivalry between Jet2-Flyglobespan i wouldn't want to see Jet2 go under.
Flyglobespan is strong becuase it has plenty of money in the bank becuase of the Globespan Group as a hole, and has loads of 90-95% on European and Long-haul. I mean they made a 13m loss last year and acording to the Chairman Tom Dalrymyple it was nothing.
Jet2 has a very stronge base at LBA and others over northern UK and being a very profitable buisness making a profit last year. Especially with charters and the Royal Mail contract just like GSM leasing a/c.
Unlike some airlines (Aer Lingus) opening bases at airports (Belfast) were there struggling to get good loads and aren't so stupid as to drop a route with great loads for one with lower e.g Shanon-Heathrow for Belfast-heathrow.
Plus your seriously saying if Aer lingus became part of Ryanair it would be a good thing come on ML would have most routes droped and find an airport in the middle of Texas and pull it off as Los Angeles. Also you think it would stay Aer Lingus, somehow doubt it, ML says one thing and does another and before you know it, oh its Ryanair Atlantic.
Now as much as i knw theres a rivalry between Jet2-Flyglobespan i wouldn't want to see Jet2 go under.
Flyglobespan is strong becuase it has plenty of money in the bank becuase of the Globespan Group as a hole, and has loads of 90-95% on European and Long-haul. I mean they made a 13m loss last year and acording to the Chairman Tom Dalrymyple it was nothing.
Jet2 has a very stronge base at LBA and others over northern UK and being a very profitable buisness making a profit last year. Especially with charters and the Royal Mail contract just like GSM leasing a/c.
Unlike some airlines (Aer Lingus) opening bases at airports (Belfast) were there struggling to get good loads and aren't so stupid as to drop a route with great loads for one with lower e.g Shanon-Heathrow for Belfast-heathrow.
Plus your seriously saying if Aer lingus became part of Ryanair it would be a good thing come on ML would have most routes droped and find an airport in the middle of Texas and pull it off as Los Angeles. Also you think it would stay Aer Lingus, somehow doubt it, ML says one thing and does another and before you know it, oh its Ryanair Atlantic.
Join Date: Jul 2006
Location: STANSTED & MANCHESTER
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well I know what I would want to happen if I worked for EI and I was going to be out of a job.
Its about time people stopped putting Ryanair down they are among one of the strongest Airlines in the world so they must be doing somthing right.
Just a note about Ryanair destinations - thay have started flying to alot of main airport now and some secondery airports they fly to are closer to the city than main airports.
Its about time people stopped putting Ryanair down they are among one of the strongest Airlines in the world so they must be doing somthing right.
Just a note about Ryanair destinations - thay have started flying to alot of main airport now and some secondery airports they fly to are closer to the city than main airports.
Join Date: Apr 2008
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EI-BUD
Why mention Aer Lingus? No real reason. I think someone mentioned it before. To be honest, you can insert any airline you wish in there!
As for FR buy up the company and building the brand – that my good friend is fairy tail stuff. There is only one reason for any interest of FR and Aer Lingus and that is slots out of LHR and LGW.
Despite what MOL says about BAA having a monopoly in Londonium, he needs a big airport, with big facilities to fly 78’s full to North America…. If he, or anyone else for that matter, ever gets them.
The brand would be dropped like a hot potato!
Just out of curiosity, I ask as I assume you work for the company, what are the loads like on the A330 which has been doing the rounds in to AGP of late?? Doesn’t seem to spend all that long on the ground.
Anyways, back to Jet2 as this is their thread!
Happy landings!
Why mention Aer Lingus? No real reason. I think someone mentioned it before. To be honest, you can insert any airline you wish in there!
As for FR buy up the company and building the brand – that my good friend is fairy tail stuff. There is only one reason for any interest of FR and Aer Lingus and that is slots out of LHR and LGW.
Despite what MOL says about BAA having a monopoly in Londonium, he needs a big airport, with big facilities to fly 78’s full to North America…. If he, or anyone else for that matter, ever gets them.
The brand would be dropped like a hot potato!
Just out of curiosity, I ask as I assume you work for the company, what are the loads like on the A330 which has been doing the rounds in to AGP of late?? Doesn’t seem to spend all that long on the ground.
Anyways, back to Jet2 as this is their thread!
Happy landings!
Join Date: Nov 2006
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4567
I disagree with your comments above, the Belfast/Heathrow route carried almost as many passengers in August as Shannon/Heathrow did in August Last year but Significantly Cork/Heathrow was up massively on the same months last year most of which are passengers who would usually be using Shannon/Heathrow.
The opening of a new base is not stupid, perhaps the timings is not ideal, ie as we enter into recessionary times. For Aer Lingus Belfast was as good a choice as any, the idea of getting a transatlantic service in is also the goal of management.
It is also very easy to carry out the post mortem after the media reports on low loads etc. from the outset the general word was that Aer Lingus from Belfast would be a success. Interestingly, Aer Lingus have a good handle on what proportion of its seats from Dublin get filled by passengers who live closer to Dublin than Belfast hence they know to some extent the opportunity that exists.
Jet2 has severly cut back its flying programme this winter from Belfast which will on many routes to be Aer Lingus' advantage.
EI-BUD
Unlike some airlines (Aer Lingus) opening bases at airports (Belfast) were there struggling to get good loads and aren't so stupid as to drop a route with great loads for one with lower e.g Shanon-Heathrow for Belfast-heathrow.
The opening of a new base is not stupid, perhaps the timings is not ideal, ie as we enter into recessionary times. For Aer Lingus Belfast was as good a choice as any, the idea of getting a transatlantic service in is also the goal of management.
It is also very easy to carry out the post mortem after the media reports on low loads etc. from the outset the general word was that Aer Lingus from Belfast would be a success. Interestingly, Aer Lingus have a good handle on what proportion of its seats from Dublin get filled by passengers who live closer to Dublin than Belfast hence they know to some extent the opportunity that exists.
Jet2 has severly cut back its flying programme this winter from Belfast which will on many routes to be Aer Lingus' advantage.
EI-BUD
Join Date: Dec 2005
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Wow.
A hefty slice of comment on this thread is so utterly, utterly misinformed and the failure to comprehend basic economics is astonishing.
The 'Jet2 shaped hole in the door at Manchester' is a good thing, for example. Those elements of the business that have been dropped clearly weren't making money, but they gave it a go. Yes, their Manchester operation could possibly be worked on or turned around, but is this really the right climate to to chuck money at an uncertainity, or would you put that money into the things that are working and making money and look set to continue making money?
And the trading statement was common sense, given recent uncertainty across the industry, and as already mentioned, XL did not make a similar announcement prior to going balls up. To say they did is an example of yet more miscomprehension and is another completely uninformed comment.
The anti-Jet2ites on here know no bounds. Unfortunately, many of them know no economics either. I get accused of being a Jet2 insider because I make posts like this, so I'll just get that out of the way again... I'm not, and I have no vested interest in Jet2 whatsoever. I just follow these things and occasionally work in the airline industry (amongst many, many other industries coz I'm freelance). I no longer live in Leeds and I have no money in Jet2 or anything like that. I don't 'do' shares.
Put simply - the Jet2 strain of the lo-co model simply has a few crucial tweaks that at present are clearly paying dividends for them - cleary. It may not be this way forever, but it definitely is for now. Their trading statement is not a smokescreen. They seem to be operating with a fluidity and reactivity that's keeping their head above water for now. This is good. It's good for the industry too. It shows it can be done in this climate.
A hefty slice of comment on this thread is so utterly, utterly misinformed and the failure to comprehend basic economics is astonishing.
The 'Jet2 shaped hole in the door at Manchester' is a good thing, for example. Those elements of the business that have been dropped clearly weren't making money, but they gave it a go. Yes, their Manchester operation could possibly be worked on or turned around, but is this really the right climate to to chuck money at an uncertainity, or would you put that money into the things that are working and making money and look set to continue making money?
And the trading statement was common sense, given recent uncertainty across the industry, and as already mentioned, XL did not make a similar announcement prior to going balls up. To say they did is an example of yet more miscomprehension and is another completely uninformed comment.
The anti-Jet2ites on here know no bounds. Unfortunately, many of them know no economics either. I get accused of being a Jet2 insider because I make posts like this, so I'll just get that out of the way again... I'm not, and I have no vested interest in Jet2 whatsoever. I just follow these things and occasionally work in the airline industry (amongst many, many other industries coz I'm freelance). I no longer live in Leeds and I have no money in Jet2 or anything like that. I don't 'do' shares.
Put simply - the Jet2 strain of the lo-co model simply has a few crucial tweaks that at present are clearly paying dividends for them - cleary. It may not be this way forever, but it definitely is for now. Their trading statement is not a smokescreen. They seem to be operating with a fluidity and reactivity that's keeping their head above water for now. This is good. It's good for the industry too. It shows it can be done in this climate.
Join Date: Apr 2005
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The group did Something like £3.8Million profit after tax last year and now in five months they're quoting in excess of £30million(all be it before tax etc).
My hat is off to whoever master minded that one.
Are Jet2 selling Gas/electric now????
My hat is off to whoever master minded that one.
Are Jet2 selling Gas/electric now????
Join Date: Dec 2005
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Mr Brown.
In the year before the year of smaller profit you referred to, Jet2 bought 4 or 5 planes and moved their entire base up north, amongst other things
None of this was free, but the idea behind it was that these things would hopefully make money in the future. We're now in the future. And these things are making money.
Just to remind you of the last line of the Chairman's statement for the year ending 31st March 2007...
"Therefore, overall, whilst I believe it is unlikely that the Group's profits will increase this year (that's 2007 to 2008, Mr Brown), growth should resume thereafter."
Well, bugger me.
Do you understand how this all works?
In the year before the year of smaller profit you referred to, Jet2 bought 4 or 5 planes and moved their entire base up north, amongst other things
None of this was free, but the idea behind it was that these things would hopefully make money in the future. We're now in the future. And these things are making money.
Just to remind you of the last line of the Chairman's statement for the year ending 31st March 2007...
"Therefore, overall, whilst I believe it is unlikely that the Group's profits will increase this year (that's 2007 to 2008, Mr Brown), growth should resume thereafter."
Well, bugger me.
Do you understand how this all works?
Join Date: Apr 2003
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Don't worry about GSM going bust ..the CAA website showed the highest load factor of any UK charter airline last time I looked (87%) and yield is good. Last year there were some massive exceptional items.....but this year we are well in profit with a cash rich owner.
Join Date: Mar 2008
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Yawn, not another cash rich owner....................
It isn't over yet, but with each airline that goes bust the odd's are better for the rest, dog eat dog and all that, but i'am really sorry about my many mates aT xl...................
It isn't over yet, but with each airline that goes bust the odd's are better for the rest, dog eat dog and all that, but i'am really sorry about my many mates aT xl...................
Join Date: Jul 2005
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hi guys...
first time popping over on the jet2 thread!
need help please, i have some family stuck over in Kavala and apparantly they have been told they are coming back on a LS6279 into LGW on Friday, can anyone confirm if this flight is going to Kavala?
Any help appreciated...
many thanks
first time popping over on the jet2 thread!
need help please, i have some family stuck over in Kavala and apparantly they have been told they are coming back on a LS6279 into LGW on Friday, can anyone confirm if this flight is going to Kavala?
Any help appreciated...
many thanks
Join Date: Aug 2007
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need help please, i have some family stuck over in Kavala and apparantly they have been told they are coming back on a LS6279 into LGW on Friday, can anyone confirm if this flight is going to Kavala?
Any help appreciated...
Any help appreciated...
Todays repatriation flight was LS6275.
Look highly likely to be correct. Jet2 have done a number of flights from Greece over the last few days.
Join Date: Jun 2000
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Can confirm bmibabyfc, G-CELA B733 from NCL mate,gets in to KVA at 13.30z out at 14.00z, drop off first load of pax in LGW at 17.00 , out at 17.45z then back to NCL with remaining pax at 19.00z.
Geordie cabin crew too, they're fit
Geordie cabin crew too, they're fit