Bmibaby

[Facelookbovvered]

Scratchy

I don't think you could rule Jet2 out of the frame but friends at baby tell me the company line is that Jet2 are not involved so it's probably true

[nitefiter]

It is one of the many rumours doing the rounds at the moment.
most I've spoken to seem to think it makes some sense, but we will just have to wait and see.
Personally i hope not but eh oh.

[G-AWZK]

The current runners and riders for Baby are:

Intro Aviation 25-1
Tesco 100-1
Orange (telecom) 1000-1
Jet2 4-1
Stobart Group 5-1
Management buy out 1000000000000000-1
IAG to retain 3-1


Anyone know of any others?

[JSCL]

On non-jokey terms. Co-op.

[runway30]

runners and riders

None of them are the party that signed the term sheet.

[munster]

ASL group!

[LGS6753]

Didn't someone mention Air Contractors?

[Montezuma]

The only peeps who know anything are DLH: let's just wait and see.

[G-AWZK]

None of them are the party that signed the term sheet

how would you know?

[Montezuma]

Does it matter chief?

Fact is £5K per jet per day is a lot of turn round for Stobart / Tesco / RBS / HSBC / Waitrose / Morrisons / Sainsbury / Body Shop / Hilary Wossname.

[Albert Hall]

So, runway30, it must be the bunch of next-Gen Arfur Daleys from south Wales who signed the term sheet then? No wonder Lufthansa were unsure if the deal would complete - they must have met them! Probably had to lend them a pen to sign the term sheet and didn't get it back afterwards either.

[TartinTon]

Little birdie tells me that a certain LTN based airline could be interested due to the dowry that comes with the rugmonkey....

[nitefiter]

2 mill a month where did that figure come from????

[Montezuma]

14 jets * £5K per day = £70K per day.

You do the next bit

[nitefiter]

its more than double the amount that WPS let slip... much to everyones amazement, at a meeting last year.

[nitefiter]

ps ,
not quite correct on your maths as we aint been operating 14 all winter so you do the maths eh!!

[Montezuma]

And the utilisation is one of the primary reasons that the losses are so severe: doesn't matter what sort of spin you put on it, £25M a year in losses is a lot to turn round.

[Buster the Bear]

I would guess the cost of oil has had a knock on effect. Airlines are spending hundreds of $millions or even £billions, a slight rise will induce potential losses. Consistent issues relating to long routes in Spain cannot help?

£25 million is not a massive amount to turn around, newer generation more frugal jets might help?

[redED]

£25 million is not a massive amount to turn around

£25,000,000 / year
≈ £481,000 / week
≈ £68,000 / day
≈ £4,900 / aircraft (provided all 14 flying)
≈ £1,200 / sector (based on 4 sector day)
≈ £8 / seat (provided every seat is full

No not a massive amount at all!

[Sonic Bam]

"Announcement tomorrow ...... " about 4:59pm maybe?