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SilverJet (Merged 30/05)

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Old 23rd May 2008, 08:26
  #1001 (permalink)  
 
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unfortunately i doubt this airline will be around much longer.
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Old 23rd May 2008, 08:53
  #1002 (permalink)  
 
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Read the second RNS and you will see the announcement. Not good at all.
That's the one that I was referring to on my post. So it doesn't change what the quantatitive analyst said.

I have to admit that things are looking precarious, but am not too despondent since LH is good at pulling rabbits out of hats!

The worst scenario for me personally is the use of my time making alternative arrangements. I will get my money back immediately and avail of other airlines inevitable offers to those holding reservations with SIL.L to travel business class with them at the rate already paid.

I am very sympathetic to those working for Silverjet who are contemplating an unknown future - my heart goes out to them.
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Old 23rd May 2008, 08:59
  #1003 (permalink)  
 
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I am hoping to travel with SJ on Tuesday to Newark, any advice, should i make other arrangements? or will they last another week? i sincerly hope so, not just for my sake but all concerned.
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Old 23rd May 2008, 09:06
  #1004 (permalink)  
 
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Not one to labour a point... but this has been coming for a long time, for so many reasons.

Best of luck to all staff.

So, exclusively low cost airlines don't seem to work for longhaul, and exclusively premium airlines don't seem to work for longhaul.

Is variety and flexibility the key?

It's certainly looking that way, given current conditions.
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Old 23rd May 2008, 09:07
  #1005 (permalink)  
 
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I am hoping to travel with SJ on Tuesday to Newark, any advice, should i make other arrangements? or will they last another week? i sincerly hope so, not just for my sake but all concerned.
Just hold tight...

If you have booked with a credit card and not a DEBIT card you are safe...

If they are still going next week, still use your ticket, but take additional funds to get yourself home incase the worst happens while away... Other airlines will come to the rescue and offer discounted seats.

Not many travel insurance policies cover these kind of eventualities...

I wish all SilverJet staff well, and thinking of you during this difficult period of the companies short history.
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Old 23rd May 2008, 09:07
  #1006 (permalink)  
 
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I am hoping to travel with SJ on Tuesday to Newark, any advice, should i make other arrangements? or will they last another week? i sincerly hope so, not just for my sake but all concerned.
First, I would browse other airlines and enter the dates of your travel to check there is availability - in other words, a back-up just in case.

Then I would sit back and wait...

Other airlines, particularly Virgin and BA will be watching closely as events unfold, and if Silverjet does liquidate, they will jump in quickly to offer flights to Silverjet's customers as they did when Eos went under.
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Old 23rd May 2008, 09:12
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Thanks for the speedy reply, booked on a CC with an aviation industry staff travel company, so hope that has me covered.

Now where's the comfy seat to sit back and wait in.
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Old 23rd May 2008, 09:13
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I would make alternative arrangements. I can't see Silverjet trading next week.

Ask yourself 2 questions.

1. Would you book with the company now to fly to USA?

2. If it was possible, would you invest your cash into the company?

Book with an established carrier such as bmi or BA. I hesitate to mention Virgin as there are noises coming out of that company that are not good.

Good luck and pay with a Visa card.
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Old 23rd May 2008, 10:08
  #1009 (permalink)  
 
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Dear Key Pilot

Thanks for sticking up for me.

I am wholly 100% for Silverjet, I have many colleagues and friends who are with them and the UK-US services need Silverjet to remove the monopoly BA and Virgin have.

The captain who spoke to me is very reliable but he also said that loads had picked up and the product base was good - you cannot get more honest than that.

Lets who someone with deep pockets and long term patience can invest in Silverjet.

Good luck guys.


Vince
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Old 23rd May 2008, 10:32
  #1010 (permalink)  
 
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They should have re modeled themselves some months back especially after MaxJet. Removed some of those club seats and got some economy in the back and flogged seats at £299.. (or there abouts) or gone down the Zoom path.
They would have got the cash in.
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Old 23rd May 2008, 10:44
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Hi Tiger

Maybe your right, but is any airline no matter the product doing well?, Zoom, Virgin, BA, American, United, Continental - all are suffering.

With the British public being taxed until the pips squeek by this government then no one has any money to spend on holidays over the atlantic - no matter how cheap the fare or excellent the product - Ie Zoom / Silverjet.

It would be interesting to compare load factors with all airlines operating London to New York. I think it would make interesting but also sad reading.

Willie Walsh today in the Mail said that the days of booming airlines, low fares are long gone.

Vince
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Old 23rd May 2008, 10:54
  #1012 (permalink)  
 
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As someone who works for Silverjet, and obviously this affects me MAJORLY, can anyone provide me with some scenarios that could happen from here? Best case / Worst case. Either way I'd rather know the outcomes.
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Old 23rd May 2008, 11:04
  #1013 (permalink)  
 
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"Flexibility is the key to air power" - Day One. Royal Air Force College Cranwell.

Principle applies to both military and civvy operations.
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Old 23rd May 2008, 11:12
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Implanecrazy

Best case; the promised cash turns up and its business as normal at least for a while, sadly the share suspension will affect sales, would you book today knowing that their shares are suspended?

Second best case, a white knight turns up, unlikely, but bmi could be an outside chance, moves the aircraft to LHR gives access to interline,domestic feeds and bmi some badly needed but poorly configured widebody aircraft (poor for their use that is)

Worst case, well no flights after this weekend, history.........it would be a shame, but thats aviation start with a small fortune end up skint
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Old 23rd May 2008, 11:15
  #1015 (permalink)  
 
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A crying shame. My neighbour just returned from a trip with them and won't shut up about how outstanding they were. I'm going on my honeymoon the week after next and we were within a whisper of going to the USA with Silverjet, primarily so we could avail ourselves of a bit of pampering either way. A niggling doubt stopped me from booking it and in the end we will be travelling J class with QR to Oman. Losing two grand on flights wouldn't be the best way to start married life...
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Old 23rd May 2008, 11:21
  #1016 (permalink)  
 
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Even if BMI did end up moving the A/C to LHR, that still ends up putting all the ground ops out of a job, correct?
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Old 23rd May 2008, 11:28
  #1017 (permalink)  
 
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Sadly yes, but i would put the bmi chance as a very long shot anyway, but the likes of BA, Virgin, AirFrance and LH wont shed a tear at Sliverjets demise if thats what it comes to.

Hopefully the money will come through, i was hoping to try your service later this year, i have heard great reports

Fingers crossed
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Old 23rd May 2008, 11:57
  #1018 (permalink)  
 
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I agree that airlines aren`t doing well, with some doing better than others.
I`ve said before similar to my previous posting before bye bye Maxjet and co.
Silverjet could have pulled in "easy" cash in the better times with a 2 class product, whether the business and economy product or a premium economy and economy product.
The local area, Beds Bucks and Herts and the slightly further out counties (Northants Cambridgeshire, Ox) have local business, as well as London business catchment plus a fairly affluent population which may have readily jumped at weekend in New York at the right price. £999 wasn`t but say £499 you would. Silverjet do have a good promotions department and the customer likes the product. I`m sure they have more fans than BA, however they didn`t get the bums on seat at the right price. Although its not just the number of passengers on a flight but the price they paid too.

Those who ask what will happen? Honestly? No idea but don`t count on any shining knight in silver armour. Its a couple of aging 767-200`s from a North London airport to 2 over served world destinations.
Its not pleasant. I`ve been there. But your live.
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Old 23rd May 2008, 11:59
  #1019 (permalink)  
 
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The all business model pioneered by LH an AF on certain routes encouraged les autres to give it a go: EOS and Maxjet tried and failed.

It is one thing taking an established Business / First product and making it better: the customer already exists. It is quite another to start from scratch and take customers from existing carriers who can offer greater flexibility and have deeper pockets.
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Old 23rd May 2008, 12:48
  #1020 (permalink)  
 
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So, exclusively low cost airlines don't seem to work for longhaul, and exclusively premium airlines don't seem to work for longhaul.

Is variety and flexibility the key?
1. NETWORK and 2. CUSTOMER BASE are the key for longhaul
CargoOne is offline  


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