FlyGlobeSpan - 8 (merged)
Join Date: Dec 2006
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No need to Worry
GSM over the last 3 years have sold aircraft to balance books .they will sell more and reduce routes in the winter.
Dont believe the hype.
A bad winter ahead!
Dont believe the hype.
A bad winter ahead!
Last edited by DAVYDAY; 28th Jun 2009 at 00:00.
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DavyDay
I think you really need to move on from your gripe with GSM/Alba.
GSM now 100% own Alba, and GSM are doing extremely well so far! Profits are expected to exceed last years £1.3m profit, I'd say more around the £5m mark to 31 Oct 09.
For W09, the A/C needed for the shorthaul routes are 4, with the other 4 A/C ACMI. Winter is always leaner for GSM shorthaul, but the ACMI work that they have is bringing in guaranteed revenue.
The old A/C that were scrapped from the fleet were the Classic A/C, and the B736s did not have the range that was needed for GSM routes. GSM did not sell A/C to 'balance the books' as you say - that doesn't even make sense!
In the end, GSM are cash-rich, debt-free and privately owned with no bankers to have to pay back, unlike XL, Zoom, etc. Their load-factor is in excess of 90%. GSM will be around for many years in some form, maybe even a floatation on the stock-market within the next few years.
I think you really need to move on from your gripe with GSM/Alba.
GSM now 100% own Alba, and GSM are doing extremely well so far! Profits are expected to exceed last years £1.3m profit, I'd say more around the £5m mark to 31 Oct 09.
For W09, the A/C needed for the shorthaul routes are 4, with the other 4 A/C ACMI. Winter is always leaner for GSM shorthaul, but the ACMI work that they have is bringing in guaranteed revenue.
The old A/C that were scrapped from the fleet were the Classic A/C, and the B736s did not have the range that was needed for GSM routes. GSM did not sell A/C to 'balance the books' as you say - that doesn't even make sense!
In the end, GSM are cash-rich, debt-free and privately owned with no bankers to have to pay back, unlike XL, Zoom, etc. Their load-factor is in excess of 90%. GSM will be around for many years in some form, maybe even a floatation on the stock-market within the next few years.
Join Date: Mar 2008
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...and just before any of the compulsory spotters ask....what are the likely new routes for GSM. I think fortnightly LAS summer only could work now (maybe one for VS though), North Africa becoming more popular, Marrakech ? or more in Egypt Marsa or Taba ?
Join Date: Feb 2008
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The one that jumps up and hits me is Greece.
Zante, Corfu, Heraklion....
I know they did Athens and Heraklion in the past but they were short lived.
Maybe someone could shine some light on why they were dropped.
Again tried and dropped, Fuerteventura I would have thought this route would have produced a high load factor.
Cape Verde has a growing market but probably pushing the 738's range.
Who knows.
Zante, Corfu, Heraklion....
I know they did Athens and Heraklion in the past but they were short lived.
Maybe someone could shine some light on why they were dropped.
Again tried and dropped, Fuerteventura I would have thought this route would have produced a high load factor.
Cape Verde has a growing market but probably pushing the 738's range.
Who knows.
Join Date: Jan 2001
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I am a big fan of Flyglobespan and sincerely hope they do well but l will aim a critisicm of them and that is they do need to improve the time keeping on the Orlando flights, not sure how they are doing on the other flights but l recently travelled with TOM and they were bang on and have been most of this summer so far.
GSM are continually late, whether its to do with the MOD charters or tighter scheduling l dont know but l did witness some seriously hacked off people at Sanford flying with GSM.
They have a great product but l think they need to nurture it and make it better.
GSM are continually late, whether its to do with the MOD charters or tighter scheduling l dont know but l did witness some seriously hacked off people at Sanford flying with GSM.
They have a great product but l think they need to nurture it and make it better.
Join Date: Feb 2005
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4567 S10 will not see much change on routes and I doubt that GSM will lease another 2 A/C unless the economy picks up for S10, but S11 should see expansion. GSMs motto now is to expand into markets slowly, learning from the horrible events of S07!
Then again, you never know!!
Then again, you never know!!
Join Date: Feb 2008
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Deeko01
The reason GSM are prone to picking up delays on the Sanford flights is the fact that its on a daily Schedual with 1 aircraft operating the route from Glasgow and Belfast.
Problem is if it picks up a delay in Orlando it has a knock on effect with the rest of the schedual and its hard to get back on time quickly.
In my own opinion it would make sense for GSM to pick up say a couple of NG's now during this economy meltdown, say over winter, when they will be dirt cheap, (if a 737 can be considered cheap) and send them out on ACMII over S10 and W10 bringing in the cash until they need them for their own routes in say S11.
Im sure TD has his own cash making ideas though.
The reason GSM are prone to picking up delays on the Sanford flights is the fact that its on a daily Schedual with 1 aircraft operating the route from Glasgow and Belfast.
Problem is if it picks up a delay in Orlando it has a knock on effect with the rest of the schedual and its hard to get back on time quickly.
In my own opinion it would make sense for GSM to pick up say a couple of NG's now during this economy meltdown, say over winter, when they will be dirt cheap, (if a 737 can be considered cheap) and send them out on ACMII over S10 and W10 bringing in the cash until they need them for their own routes in say S11.
Im sure TD has his own cash making ideas though.
Join Date: Nov 2007
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Well eventually Webby, fiongers crossed 
It would be nice to see them up to possibly 10 737's by S12/13, i don't imagine the long haul fleet getting any bigger until the 787's arrive (which can be expected even more delays), but at the moment its already big enough.
You have a point there gd44 that might be the way to go. Im sure theres a couple of Futura or XL 737's still out there up for grabs.
It would be nice to see them up to possibly 10 737's by S12/13, i don't imagine the long haul fleet getting any bigger until the 787's arrive (which can be expected even more delays), but at the moment its already big enough.You have a point there gd44 that might be the way to go. Im sure theres a couple of Futura or XL 737's still out there up for grabs.
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Well i suppose thats what the plan was for W09 anyway wasn't it.
Would be ironic if it was work for Jet2, a sort of returning the favor i suppose for helping the start of Flyglobespan. I know that probably won't be the case though, any idea who its for?
Would be ironic if it was work for Jet2, a sort of returning the favor i suppose for helping the start of Flyglobespan. I know that probably won't be the case though, any idea who its for?
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Summer 2010 to be released next few weeks.
Already showing as additional seats on Thomas Cook website:
EDI:
ALC - Tues
AGP - Sun
PFO - Tues/Sat - increase
SSH - Mon/Wed - increase
LPA - Sat
ACE - Sun
PMI - Tues/Sat
TFS - Tues/Fri - increase
Already showing as additional seats on Thomas Cook website:
EDI:
ALC - Tues
AGP - Sun
PFO - Tues/Sat - increase
SSH - Mon/Wed - increase
LPA - Sat
ACE - Sun
PMI - Tues/Sat
TFS - Tues/Fri - increase
Join Date: May 2008
Location: Edinburgh
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The greeny 737-8 based at EDI has had a colourful couple of days - according to the flight crew it suffered a serious bird strike on departure from PMI yesterday, returned the the field and then underwent many many hours of inspection. Aircraft then flew back to EDI where GSM had it re-inspected by their own engineers followed by a ground engine run-up which again took many hours, so today's PMI flight was about 5 hours down. Globespan were good enough to arange a letter to be handed to passengers very quickly along with a 7E snack voucher (not that you can buy a decent snack in PMI)
It also got held up in today's EDI closure, the pilot telling us that London ATC had advised that Edinburgh Airport closed due to an incident similar to that at Glasgow Airport, so of course everyone was looking for a plume of smoke when we landed!
It also got held up in today's EDI closure, the pilot telling us that London ATC had advised that Edinburgh Airport closed due to an incident similar to that at Glasgow Airport, so of course everyone was looking for a plume of smoke when we landed!
Join Date: Mar 2007
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Flyglobespan load factor hits 97% : Edinburgh Airport News Stories
Published here too. I personally can't believe it but it must be true as it is very easy to find out if it is not!
Added to the fares that they are charging they must be making some serious dough!
Published here too. I personally can't believe it but it must be true as it is very easy to find out if it is not!
Added to the fares that they are charging they must be making some serious dough!
Join Date: Aug 2002
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Well, they've cut back frequency on quite a few routes for the last wee while. Not all that long ago BCN was daily from GLA over the summer, now I think it's 2x weekly - The flights are bound to be full!
It's the sensible way to make cash if you can get away with it - limit the capacity and push the prices right up! OK until someone challenges you with much cheaper fares and higher frequency, but with the Scottish airports ownership up in the air I don't think BAA are tripping over themselves to get new routes in (particularly at GLA), so I think it's unlikely that EZY will expand to take on GSM any time soon and FR seem to be contracting if anything at PIK!
It's the sensible way to make cash if you can get away with it - limit the capacity and push the prices right up! OK until someone challenges you with much cheaper fares and higher frequency, but with the Scottish airports ownership up in the air I don't think BAA are tripping over themselves to get new routes in (particularly at GLA), so I think it's unlikely that EZY will expand to take on GSM any time soon and FR seem to be contracting if anything at PIK!