FlyBe - 6
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G-JECO is long term sick in Exeter at the moment - badly damaged having been bashed by a ground handling vehicle a few days before G-JECH was.
The confusion is understandable with 2 airframes out of action for very similar reasons.
The confusion is understandable with 2 airframes out of action for very similar reasons.
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Flybe said the full-year result was disappointing
11 June 2012 | 07:18am
StockMarketWire - European regional airline group Flybe said it delivered a disappointing result for the year to end-March.
Revenue under management increased 14.0% to £678.8m (2010/11: £595.5m). Underlying EBITDAR fell 22.0% to £88.8m (2010/11: £113.8m) with an operating loss of £4.9m (2010/11: loss of £0.9m) and a loss before tax of £6.2m (2010/11: loss of £4.3m).
Flybe said, this performance, while disappointing, reflects a resilient business able to weather the combined impact of a 5% underlying decline in its core UK market during the year along with high fuel prices and other inflationary pressures. The results also reflect significant investment in the Group as part of the implementation of a long term growth strategy, specifically representing the first year losses associated with the Flybe Europe division (£3.7m) and the new training academy building in Exeter (£1.2m). Without these investments, the loss before tax would have been £1.3m, or approximately 0.2% of turnover.
StockMarketWire - European regional airline group Flybe said it delivered a disappointing result for the year to end-March.
Revenue under management increased 14.0% to £678.8m (2010/11: £595.5m). Underlying EBITDAR fell 22.0% to £88.8m (2010/11: £113.8m) with an operating loss of £4.9m (2010/11: loss of £0.9m) and a loss before tax of £6.2m (2010/11: loss of £4.3m).
Flybe said, this performance, while disappointing, reflects a resilient business able to weather the combined impact of a 5% underlying decline in its core UK market during the year along with high fuel prices and other inflationary pressures. The results also reflect significant investment in the Group as part of the implementation of a long term growth strategy, specifically representing the first year losses associated with the Flybe Europe division (£3.7m) and the new training academy building in Exeter (£1.2m). Without these investments, the loss before tax would have been £1.3m, or approximately 0.2% of turnover.
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Loss
The loss was not as bad as some press reports stated over the weekend, below is the flybe press release.
Flybe | Corporate | Media | News archive
Notice the fleet growth from 69 to 83 and I assume that is nothing to do with the Finnish venture as this is mentioned separately as 28.
14 units is quite an expansion (in this financial year?) and I assume all of these will be 175's?
Any news on the East Mids to Paris and Amsterdam routes going on sale and is there any chance they will look at BHX-AMS?
Pete
Flybe | Corporate | Media | News archive
Notice the fleet growth from 69 to 83 and I assume that is nothing to do with the Finnish venture as this is mentioned separately as 28.
14 units is quite an expansion (in this financial year?) and I assume all of these will be 175's?
Any news on the East Mids to Paris and Amsterdam routes going on sale and is there any chance they will look at BHX-AMS?
Pete
Last edited by OltonPete; 11th Jun 2012 at 19:19. Reason: added text
this Flight article says:
Flybe confident despite rising losses
So net 2 BE increase plus the 12 Finnair EMB's = 14?
Four further E-175s are scheduled for delivery this year, and leases on two Q400s expire, it says.
So net 2 BE increase plus the 12 Finnair EMB's = 14?
Growing the fleet under management to 83 aircraft with an average age at year end of 4.6 years (2010/11: 69 aircraft with an average age of 4.3 years)
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BHX - AMS
Cyrano
How about a similar arrangement to BHX- CDG and code-share on all flights then increase the frequency from the current five daily to eight using a mix of BE & KLM aircraft?
SWBKCB - Possible, 14 would be quite an acceleration although with Baby's demise and opportunities with Brussels Airlines they could do with more now.
Pete
How about a similar arrangement to BHX- CDG and code-share on all flights then increase the frequency from the current five daily to eight using a mix of BE & KLM aircraft?
SWBKCB - Possible, 14 would be quite an acceleration although with Baby's demise and opportunities with Brussels Airlines they could do with more now.
Pete
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) but KLM has a very restrictive agreement with its codeshare partners (at the behest of the KLM pilots union I believe) which IIRC limits each codeshare partner airline (with exceptions for AF and DL) to max 2 routes. I believe that's why EI couldn't put the KL code on their BFS-AMS route - it was because they already had it on DUB and ORK. I know flyBE is operating INV-AMS and SOU-AMS - don't they have KL codes on those two routes?
SWBKCB - Possible, 14 would be quite an acceleration although with Baby's demise and opportunities with Brussels Airlines they could do with more now.
Finnair outsources 12 Embraer 190s to Flybe venture
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SN Brussels Airlines to wetlease 2 Additional DH4's from Flybe
11JUN2012: Additional two Flybe. Dash 8-400s to be operated for Brussels Airlines
Brussels Airlines (SN, Brussels National Zaventem (BRU)) will wet-lease two additional DHC-8-400s from Flybe. (BE, Exeter International (EXT)) from October to replace the wet-lease contract for two ERJ-145s currently wet-leased from bmi regional (II, Aberdeen Dyce (ABZ)). It currently wet-leases a Dash 8-400 from Tyrolean Airways (VO, Innsbruck Kranebitten (INN)) and two from Flybe.
Source: CH-Aviation
Brussels Airlines (SN, Brussels National Zaventem (BRU)) will wet-lease two additional DHC-8-400s from Flybe. (BE, Exeter International (EXT)) from October to replace the wet-lease contract for two ERJ-145s currently wet-leased from bmi regional (II, Aberdeen Dyce (ABZ)). It currently wet-leases a Dash 8-400 from Tyrolean Airways (VO, Innsbruck Kranebitten (INN)) and two from Flybe.
Source: CH-Aviation
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SN must be getting a really good deal from Flybe if they're going to continue to put up with the DH-8 appalling dispatch reliability.
It is not what you have but what you do with it.....
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One aviation pundit has predicted that the way forward for flybe is to relocate their main hub or whatever you wish to call it to another airport. Could work, could not. Express your thoughts peeps ?
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Flybe don't really have a main hub, they are the largest carrier (their definition) at 12 airports around the UK, including SOU, BHX, MAN and BHD so I'm not sure what difference 'relocation of their main hub' might mean? ..... I'm intrigued to know what difference such a move might make? Where should 'the hub' be and what would be the positive impact of such a move?
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What AirGuru's comment was regarding was not that of an aviation pundit but the strong opinion of the proprietor of another forum dedicated to Welsh aviation, (and also apparently that of an un-named 'pundit') suggesting that a 'wholesale move' from EXT to CWL would bring about certain financial and other benefits.
This person stated that if flyBe don't consider a wholesale move from Exeter to CWL, (where of course it would get cheap land/buildings, WelshGoverment financial support and probably a free base for 4/5 aircraft) then to suspect that Flybe will face some kind of take-over bid before too long.
This opinion of theirs can only surely be one of desperation because CWL is in a sorry state of affairs and they would like to see a few more passengers pass through their airport.
So AirGuru actually wants to know how likely it is that flyBe are going to up-heave from EXT and move everything to CWL????
This person stated that if flyBe don't consider a wholesale move from Exeter to CWL, (where of course it would get cheap land/buildings, WelshGoverment financial support and probably a free base for 4/5 aircraft) then to suspect that Flybe will face some kind of take-over bid before too long.
This opinion of theirs can only surely be one of desperation because CWL is in a sorry state of affairs and they would like to see a few more passengers pass through their airport.
So AirGuru actually wants to know how likely it is that flyBe are going to up-heave from EXT and move everything to CWL????
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Jamesc909
Ha ha, now thats what I call getting someones number. Bravo, hit the nail on the head 
. In short Air Guru, no, really no.
Incidentally anyone remember Air Wales?
. In short Air Guru, no, really no.Incidentally anyone remember Air Wales?
May I ask why flybe has its head office in Exeter rather than Southampton ? I realise that an airline's largest base and it's HQ do not have to be in the same city and I assume the reason goes back years, but am still curious as to what the reason for the choice of Exeter is...
Last edited by davidjohnson6; 13th Jun 2012 at 00:10.
You need to look at the history of the the airline and how it developed to understand why the HQ is where it is.
The question (well, non-question really...) is why on earth would the airline consider moving it's HQ, with all the upheaval and cost that would entail? What would the business case be? The only reason I can think of is if they are made an offer they can't refuse by an official body with loadsamoney to chuck around? Don't think there are many of those of those around at the moment, so dream on...
The question (well, non-question really...) is why on earth would the airline consider moving it's HQ, with all the upheaval and cost that would entail? What would the business case be? The only reason I can think of is if they are made an offer they can't refuse by an official body with loadsamoney to chuck around? Don't think there are many of those of those around at the moment, so dream on...
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Is MAN not becoming their largest base now with the new 'super hub?' Maybe not in terms of aircraft based but certainly in passenger numbers?
Does anyone have a base/aircraft breakdown?
Does anyone have a base/aircraft breakdown?