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Old 4th Jul 2008, 08:13
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Flybe Profits

As the title suggests, ABTN are reporting that Flybe are to announce record profits.

They put this sucess mainly to the early investment in Turbo Props.

Do you think we will see more airline following this route? Or do you think many will try and ride out the current 'storm' ?

Could this be a chance for Flybe to expand even further?
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Old 4th Jul 2008, 08:37
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These figures will be for the year just gone.

I believe flyBE can break even at $170/b (I think it was the figure!). So the year ahead is what we really need to be interested in.

I'm not sure about hedging - but I think they are one of the better placed carriers at this time.

I do think the q400s will surely help profits. But they do still have ERJ145s guzzling away in the fleet.
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Old 4th Jul 2008, 08:49
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Hi - it was $170 - you posted before I had a chance to update it!

I agree - a simple fleet of 2 aircraft, all modern ones - will be good for the bottom line.
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Old 4th Jul 2008, 09:05
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I agree - a simple fleet of 2 aircraft, all modern ones - will be good for the bottom line.
Providing your financing/leasing costs don't screw you - I suspect Flybe got pretty good deals.....anyone know?
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Old 4th Jul 2008, 13:24
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Geordiejet, If you knew anything at all you would know the 145 actually has a lower fuel burn than the Q400!

Dont believe me? If you really are a pilot get Q4 and 145 backup/still air airplans for say MAN-GLA and BHX-MXP and compare the difference! On the GLA sector Q4 burns slightly more than 145 and slightly slower. So fair enough with about 55+ seats filled its going to make more! Compare the MXP route where your talking significantly longer flight time, and getting on for double the fuel burn so even if a Q4 was full it is never going to be as profitable as a 145!

Have a look! If your going to call 145 a gas guzzler wheres your evidence? Try not to make up the facts to suit yourself! I still dont understand why they are so keen to get rid of the 145, pax prefer it, and its more reliable. why not use the Q4 for what its good at and 145 for its areas of profitability!

Another good comparison is STR which is going on the Q4. Thats gonna be long haul on the paddle steamer! On the bright side much more pleasant than Ryanair and will arrive in a City that shares the airports name
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Old 4th Jul 2008, 13:43
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Sorry to but in, but I'm a regular SLF on BHX-STR. Can you give me an idea when the Q400 is replacing the 145 on this route?
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Old 4th Jul 2008, 13:54
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"Lazy"... because it wasnt what you wanted to hear...?
GREAT!! .............
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Old 4th Jul 2008, 14:08
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The reason they are getting rid of the 145 is to finally get to the 2 type a/c fleet, i believe! Just q400's and 195's.

Last edited by embraernotworthy; 4th Jul 2008 at 14:10. Reason: spelling mistake
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Old 4th Jul 2008, 16:32
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STR

BrummyGit

STR goes to the Q400 in mid Feb per the timetable - all three flights
a day in the week - did not check Sunday. Saturday service is non-ops
in the winter I believe.

The next Q400 arrives at the end October or early November and operate
the night-stop DUS, both IOM's and EDI on Mon & Fri.

The following Q400 is shown in the table in early Jan for the early morning
CDG and I have forgotten the rest of the schedule.

I trust that this is all subject to change, with a third 195 for bhx
also rumoured (2nd arrives in early September)

The bhx winter schedule is not that bad considering all that is
going on in the aviation world.

Pete
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Old 4th Jul 2008, 19:25
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BrummyGit I rest my case!

The Q4 is a fab piece of kit but not well suited to longer trips, why dont flybe pick up more E170/190!
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Old 4th Jul 2008, 20:09
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RED WINGS, according to Flight, Flybe looked at E170/175 in March07, but shortly afterwards ordered more Q400s. I hear the 195 is good with loads of pax appeal, but not that cheap to operate. As you say the 145 is definitely cheaper to operate than a Q400 and that margin grows as the stage length increases. Given the fact that there must be some sweet deals on 145 leases right now, coupled with its speed, reliability and slightly more pax appeal, I still think that the decision to bin the 145 is wrong. However, the big advantage of the Q400 is that on those early morning and early evening peak flights, you an carry 60% more of those high yield pax than the 145 and I guess that is where the Dash comes into its own.
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Old 5th Jul 2008, 08:27
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JF has acknowledged that the 145 has many merits, and is particularly useful on long thin routes, but the costs of maintaining engineering support etc for three fleets is prohibitive, especially if only a small number of 145s are kept for a few long thin routes. A great shame, I love the thing, goes like a rat up a drainpipe and sips the Jet A-1.

The Q4's were ordered long before the buyout of BaCon, and they still have many more yet to be delivered, they are good for domestics and very near-Europe as the time difference isn't large and the routes can be grown, as mentioned they suck a little more juice than the 145, but they do have 78 seats.

Perhaps the seats from the 145s could be saved and used to replace the dash seats that were clearly designed by Quasimodo!
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Old 5th Jul 2008, 19:36
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Wingo

I don't think the 145 ever featured in any of Flybe's plans at all. However I think since shedding the BA costs of operating them, they have been surprised how good they are at what they do. I'm a realist I know there going which is a real shame, but as was mentioned three fleets are not cost effective. Hence the ideal merits of utilising the smaller E-Jets, commonality with the 195 for both crew and engineering. From a personal point I think they will prove far more popular with the pax and crew alike. Having only flown on the 195 once I was very impressed and thought it has by far the nicest cabin of any modern airliner I have flown on! Also ideal for the thinner longer range routes allowing development till a 195 can be filled rather than just chopping routes if they don't prove an instant hit.

Its a shame if you could retrofit the 145 to have the extra row ie 2x2 seats I think it would have proved more of a hit! But then I guess the retrofit is called the E170

But who knows what the future will bring I guess we will just have to wait and see what turns up on the much talked about "big picture"
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Old 6th Jul 2008, 19:21
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OltonPete

Thanks for the info. I'll be sorry the see the 145's go, but that's life.

BrummyGit
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Old 7th Jul 2008, 06:51
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Aberdeen

Hi all.

What is the current thinking of Flybe towards developing more routes or a base at ABZ?

Is there still an expectation that a Q400 will be based here to join the 195 currently in situ to do LGW?

Fuel prices have seen NCL axed after only a short time in operation.

So are more routes in the pipeline, or has the current economic conditions knocked any expansion up here on the head, with Flybe concentrating on their INV routes instead?

Thanks.
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Old 7th Jul 2008, 09:09
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To be honest i'm not sure but they will probably wait for the summer season now rather than to risk it during the winter.

After a questionaire websitesite was launched for businesses in the Cardiff area asking which destinations they were flying too, it was evident that there was a demand for Aberdeen.

I wouldn't be suprised if we see that being operated either by and ABZ based a/c or at CWL when they plan do become the biggest airline at Cardiff by 2011.
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Old 11th Jul 2008, 19:57
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Quote:
Early end to the 146 sevices?
Flybe's sole remaining quadrapoof has been sat at gatwick for the last few days after an engine problem on start up.
G-JEBA was in Exeter last night for a double engine change. The aircraft was due back on the GCI-LGW service today
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Old 11th Jul 2008, 22:51
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There might be only one engine in stores, but there's dozens of them hanging about under idle 146s parked around the airfield at EXT.
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Old 16th Jul 2008, 19:39
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WingoWango,

[Does anybody know when the final year results are actually published?
]

£32.7 million pre tax profits - brilliant result again by Uncle Jim
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Old 17th Jul 2008, 19:18
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Try here...

http://www.flybe.com/pdf/chairmans_statement2.pdf
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