FlyBe - 6
Join Date: Dec 2008
Location: Jersey
Posts: 127
Likes: 0
Received 0 Likes
on
0 Posts
I was under the impression BA were looking to sell there 15% for somehwere in the region of 50m. Wouldn't rule out one of the UAE guys eg Emirates or Ethiad.....BE have just signed a new codeshare with Ethiad could be the start of things to come......maybe not but I can dream!
Join Date: Nov 2006
Location: Northern Ireland
Posts: 2,782
Likes: 0
Received 0 Likes
on
0 Posts
I cant imagine that BA would sell BE 15% for as little as 50M, if I remember correctly as part of the BAconnect deal BA made a significant investment towards fleet etc.
Not sure of the specifics but even though BAconnect were losing money surely BA expected to make a Net return on the whole deal.
No doubt BA in these difficult times will want to offload non core assets to release cash? And as regards Emirates, judging by the state of the economy I am sure they are having their own challenges so might not be as easy as coming in and buying up small commuter airlines.
It fascinates me or maybe i am missing something but do most airlines avoid competing with BE.
Ryanair seem to avoid them like the plague.
Baby dont have an nice experience in competing markets.
Possibly the combination of smaller aircraft with low fuel burn on high frequency routes make the challenge great to airlines who would need to compete with bigger aircraft. Take a market like Belfast/Glasgow. Not necessarily a perfect example but Ryanair flying to PIK and BE to GLA but BE numbers were not effected.? Ryanair did so poorly on loads on twice daily.
On the other hand when Flybe come up against Air South west a small commuter airline with reasonably similar equipment they dont fare as well??
All Comments welcome.....
EI-BUD
Not sure of the specifics but even though BAconnect were losing money surely BA expected to make a Net return on the whole deal.
No doubt BA in these difficult times will want to offload non core assets to release cash? And as regards Emirates, judging by the state of the economy I am sure they are having their own challenges so might not be as easy as coming in and buying up small commuter airlines.
It fascinates me or maybe i am missing something but do most airlines avoid competing with BE.
Ryanair seem to avoid them like the plague.
Baby dont have an nice experience in competing markets.
Possibly the combination of smaller aircraft with low fuel burn on high frequency routes make the challenge great to airlines who would need to compete with bigger aircraft. Take a market like Belfast/Glasgow. Not necessarily a perfect example but Ryanair flying to PIK and BE to GLA but BE numbers were not effected.? Ryanair did so poorly on loads on twice daily.
On the other hand when Flybe come up against Air South west a small commuter airline with reasonably similar equipment they dont fare as well??
All Comments welcome.....
EI-BUD
Join Date: Oct 2007
Location: cornwall, uk
Posts: 1,573
Likes: 0
Received 0 Likes
on
0 Posts
id actually like to see what happens if and when SZ decide to expand the fleet and routes!
looks like BE jumped on 2 SZ routes hoping to kick then off the route and actually only remain on the LGW-NQY route having dropped the GLA route!
my money would and does go to SZ as a local operator and long i hope they continue
CS
looks like BE jumped on 2 SZ routes hoping to kick then off the route and actually only remain on the LGW-NQY route having dropped the GLA route!
my money would and does go to SZ as a local operator and long i hope they continue
CS
Join Date: Dec 2006
Location: uk
Posts: 80
Likes: 0
Received 0 Likes
on
0 Posts
From my basic understanding you only normally float on the stock market if you need money. As flybe have apparently been doing ok through the recession would this suggest they need the money for expansion or taking over another outfit???
Join Date: Nov 2007
Location: iom
Posts: 199
Likes: 0
Received 0 Likes
on
0 Posts
The S10 schedule seems to show 5 based a/c at IOM?
BE273 LGW 0950
BE163 LTN 1000
BE497 BRS 1000
BE814 MAN 1005
BE603 LPL 1055
The schedule suggests the LGW/LTN/BRS operate from the inbound LPL/MAN/BHX a/c and the LPL from the LGW inbound. But where does the 5th a/c or MAN come from??
It doesn't look like any originate from other stations either
any suggestions
BE273 LGW 0950
BE163 LTN 1000
BE497 BRS 1000
BE814 MAN 1005
BE603 LPL 1055
The schedule suggests the LGW/LTN/BRS operate from the inbound LPL/MAN/BHX a/c and the LPL from the LGW inbound. But where does the 5th a/c or MAN come from??
It doesn't look like any originate from other stations either
any suggestions
Join Date: Nov 2007
Location: iom
Posts: 199
Likes: 0
Received 0 Likes
on
0 Posts
possibly but it doesn't look like it.... the example dates i have looked at are in June. While the SOU goes back to being SOU based it only has a 25 minute turnaround at IOM.
It could be a W and with the full schedule not released yet that is a possibility. however most existing IOM routes are for sale. Only NQY seems to be missing
It could be a W and with the full schedule not released yet that is a possibility. however most existing IOM routes are for sale. Only NQY seems to be missing
Join Date: Oct 2008
Location: UK
Posts: 361
Likes: 0
Received 0 Likes
on
0 Posts
From my basic understanding you only normally float on the stock market if you need money. As flybe have apparently been doing ok through the recession would this suggest they need the money for expansion or taking over another outfit???
Flybe have indeed been doing OK throughout the recession, and I'm sure any flotation would indeed be useful, and release cash and additional funding to the airline. There has never been any secret made by JF that Flybe is an acquisitive enterprise, and should the flotation occur, there is every possibility that if the right opportunity presents itself, Flybe may well take advantage of it.
Join Date: Aug 2000
Location: UK
Posts: 215
Likes: 0
Received 0 Likes
on
0 Posts
To answer the question about BA's share holding in Fly Be. BA became a shareholder in fly be because they were desperate to be seen to be getting rid of BA Connect on a bad news about profits day for Willie Walsh !
The deal hinged on fly be's flotation and BA being able to sell their stake for cash. Fly be wanted the business but didn't have the cash so BA accepted the equity on the basis that a future flotation would allow them to sell their shares and recoup some money from the BA Connect fiasco. Which they will do.
The deal hinged on fly be's flotation and BA being able to sell their stake for cash. Fly be wanted the business but didn't have the cash so BA accepted the equity on the basis that a future flotation would allow them to sell their shares and recoup some money from the BA Connect fiasco. Which they will do.
and floating again ...
Flybe ?may consider? an IPO | ABTN
also appears on the BALPA website, do they know something or are they just jumping on everyone elses bandwagon??
Flybe ?may consider? an IPO | ABTN
also appears on the BALPA website, do they know something or are they just jumping on everyone elses bandwagon??
Join Date: Jan 2008
Location: UK
Age: 42
Posts: 111
Likes: 0
Received 0 Likes
on
0 Posts
In response to the press reports over the weekend, Jim French sent out a communication to staff and said that Flybe's board have no immediate plans to float the company. It's a possibility in the future, but at the moment niether the market or the company are ready for an IPO.
He also clearly stated that if/when an IPO is to go ahead, he will tell the staff and not the press.
He also clearly stated that if/when an IPO is to go ahead, he will tell the staff and not the press.