FlyBE - 5
Join Date: Mar 2003
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I don't think that Flybe would consider quitting GCI. Places like GCI, IOM, EXT, NWI, SOU are safe havens for them as they will never face the likes of Easyjet and Ryanair at these airports.
Last edited by virginblue; 23rd Jan 2008 at 10:11.
Join Date: May 2007
Location: LGW
Age: 50
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Guernsey wont extend its runway . Its £30m they havent got and it would only benefit Flybe at a time when Guernsey's government owned airline is just buying 2 new ATR 72s for its LGW route and they certainly dont need a bigger runway.
Its all bull
. Blue Islands J32s and Do328 don't need more tarmac either and last time I looked no-one else wanted to operate into there anyway.
Its all bull. Blue Islands J32s and Do328 don't need more tarmac either and last time I looked no-one else wanted to operate into there anyway.
Join Date: Jun 2002
Location: guernsey
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Malcolm Hart, MD of Aurigny was on the local news last night - asking some, not unreasonable, questions. If Aurigny was for sale - who would buy it? Flybe possibly? And how would a monopoly on the route help prices? In addition he was casting nusturtiums about the possible long term viability of Flybe ("Who knows what could happen with Flybe - the operational losses are somewhere of the order of £50 million over the last 5 years or so - so I wouldn't put all my eggs in that particular basket") Easy to say when you are government owned - but on the other hand there haven't been any other regionally based businesses that have come unstuck recently - have there?
The States of Guernsey is currently a bit of a shambles - (the runway repair was on the books at £10m, its now £50m and climbing - and they have just dug a hole in their finances with lower tax on businesses) and Flybe have outflanked them on the PR on this one - however, they are a commercial company, and have to make commercial decisions - the Guernsey tax payer should not subsidise them.
The States of Guernsey is currently a bit of a shambles - (the runway repair was on the books at £10m, its now £50m and climbing - and they have just dug a hole in their finances with lower tax on businesses) and Flybe have outflanked them on the PR on this one - however, they are a commercial company, and have to make commercial decisions - the Guernsey tax payer should not subsidise them.
Last edited by kuningan; 23rd Jan 2008 at 12:47. Reason: Correcting Mr Hart's quote
Join Date: Oct 2003
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In addition he was casting nusturtiums about the possible long term viability of Flybe ("£50 million operating losses in the last 3 years - so who knows how long they will be around - I wouldn't put all my eggs in that basket")
This type of comment might have had some truth 5yrs ago with British European but I can't help but feel that it would be somewhat foolish of him to anticipate this now!
Join Date: Mar 2005
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Malcom Hart
I understand Mr Hart is about to have a visit from M.Lud's (Damages etc). A quick look at Flybe's website would have given him the following information;
Operating profits before exceptional items:
£m
Year to 31 March:
2005 13.2
2006 4.6
2007 17.7
Total 35.5
Even with exceptionals included;
Operating profits including exceptional items:
£m
Year to 31 March:
2005 7.8
2006 (4.2)
2007 15.6
Total 19.2
Bye Bye Malcom methinks!
:
Operating profits before exceptional items:
£m
Year to 31 March:
2005 13.2
2006 4.6
2007 17.7
Total 35.5
Even with exceptionals included;
Operating profits including exceptional items:
£m
Year to 31 March:
2005 7.8
2006 (4.2)
2007 15.6
Total 19.2
Bye Bye Malcom methinks!
:
Malcolm Hart's own airline is itself undergoing a huge cost cutting exercise, overtime bans, talk of redundancies etc. I suggest that Flybe are financially more viable than his toy town airline.
Join Date: Jun 2002
Location: guernsey
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Since its excited some comment - Mr Hart can be seen here on 'Watch: BBC Spotlight Channel Islands:
http://news.bbc.co.uk/1/hi/world/eur...ey/default.stm
About 5 minutes in - I've corrected my post above replacing my paraphrasing of his comments with a direct quote.
He does make a good strategic point - it would be a bad idea for any airport to be reliant on one airline.
http://news.bbc.co.uk/1/hi/world/eur...ey/default.stm
About 5 minutes in - I've corrected my post above replacing my paraphrasing of his comments with a direct quote.
He does make a good strategic point - it would be a bad idea for any airport to be reliant on one airline.
Flyerguy - it's not about lengthening the runway at GCI, it's the poor state of the thing & it's load bearing capacity that is the issue regarding the Emb195 operating into GCI.
Join Date: Jan 2007
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Flybe could quite easily replace the Guernsey based BAe 146 with a Dash Eight Q400, however two reasons come to mind why they don't want to :-
1) Alot of freight is transported in the hold of the 146, there is no way the Dash Eight could match it. As we all know freight makes airlines more money than passengers.
2) The loss of a jet service would send more passengers to Aurigny as you don't get charged all the extra's that Flybe charge.
In the Guernsey Press Flybe mentioned that they would also base the spare 146 in Guernsey, good luck to them finding a free stand!!
1) Alot of freight is transported in the hold of the 146, there is no way the Dash Eight could match it. As we all know freight makes airlines more money than passengers.
2) The loss of a jet service would send more passengers to Aurigny as you don't get charged all the extra's that Flybe charge.
In the Guernsey Press Flybe mentioned that they would also base the spare 146 in Guernsey, good luck to them finding a free stand!!
Join Date: May 2001
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it's not about lengthening the ..., it's the poor state of the thing & it's load bearing capacity
Never mind the quality feel the width?
Senor Jose does not have thees problem
Join Date: Jul 2007
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Ladies and gentlemen, this is your captain speakin (with an adams apple unlike some flybe skippers)
I was up in the cruise in my mighty bus towards near PENIL and at FL210 i seen a Q400 trundling along. I asked myself, are those playgroup members still flyin em?
I was up in the cruise in my mighty bus towards near PENIL and at FL210 i seen a Q400 trundling along. I asked myself, are those playgroup members still flyin em?
Join Date: Apr 2001
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Flybe, the UK-based low-cost airline, is planning a sale of the group, according to a company spokesperson. The spokesperson stated that the majority shareholder, the Walker Trust (which owns 80% of Flybe), 'wants out of the airline industry', and sees an initial public offering (IPO) as the most favourable mechanism for relinquishing their majority stake. However, the spokesperson stated that Flybe's board of directors were still considering all their options, and that a sale to a trade or financial player could not be ruled out. Flybe are currently looking to appoint a new Chief Financial Officer, who is expected to take a 'very active role in the exit' according to the spokesperson. He also mentioned that investment bank Dresdner Kleinwort Wasserstein has been hired to assist with the disposal. According to analysts the potential flotation value for Flybe is ranging between £150m and £200m.
http://deals.business-sale.com/flybe...=7948799&arc=1