FlyBe - 6
Join Date: Jan 2007
Location: Channel Islands
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mathers_wales_uk
Once nose-in parking is enforced it will be here for good, there will be no going back to the old ways.
After the 2 years that the States of Guernsey have agreed to fund pushbacks have passed it will be up to the individual airlines/handling agents to cover the cost.
Once nose-in parking is enforced it will be here for good, there will be no going back to the old ways.
After the 2 years that the States of Guernsey have agreed to fund pushbacks have passed it will be up to the individual airlines/handling agents to cover the cost.
Join Date: Oct 2011
Location: South
Age: 43
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Tours
You would think Flybe doesn't realise that there are other countries other then France! I think the market is pretty well covered at Southampton now. Glad another airline is coming in to serve the routes that stick out like a saw thumb. Incidently, anyone know why Flybe serve Orly at Southampton? Its CDG on the rest of their network.
Won't see them this side of Xmas then!!
Very nice for all the E Jet crews that outnumber aircraft and sit around on stby for weeks on end!!
Meanwhile dash crews keep working their ass off!!
Pax keep going elsewhere!!
Very nice for all the E Jet crews that outnumber aircraft and sit around on stby for weeks on end!!
Meanwhile dash crews keep working their ass off!!
Pax keep going elsewhere!!
Join Date: May 2007
Location: LGW
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Flybe passengers did not alert crew to lost wheel
by Gareth Robertson November 10th, 2011
Passengers that saw a wheel fall of a Flybe flight earlier this year did not immediately report the incident to cabin crew, a new report has said.
The report comes via the Air Accidents Investigation Branch (AAIB) regarding an incident in March when a wheel had come lose and fallen off a small Flybe aircraft just after it took off from Exeter airport for Newcastle. The plane later landed safely at Exeter using its emergency brake and a heavy amount of right rudder, according to the pilot. No injuries were reported.
Now the new AAIB report has said that the wheel had come lose due to the seizure of its outer bearing and that passengers had watched it come off of the plane but did not report what they had seen to the crew. Instead, controllers contacted the pilot and asked the senior stewardess to assess the right landing gear from the window, at which point passengers informed her that the wheel had come off.
Flybe’s chief pilot and the captain of the plane then agreed via radio that the flight would return to Exeter airport and would perform a ‘left wing down’ landing technique to ensure the aircraft’s weight was shifted primarily to the wheels that remained in tact.
According to the AAIB, crewmembers had done a visual inspection of the plane before takeoff but the agency said that abnormalities in the bearing would not have been visible.
by Gareth Robertson November 10th, 2011
Passengers that saw a wheel fall of a Flybe flight earlier this year did not immediately report the incident to cabin crew, a new report has said.
The report comes via the Air Accidents Investigation Branch (AAIB) regarding an incident in March when a wheel had come lose and fallen off a small Flybe aircraft just after it took off from Exeter airport for Newcastle. The plane later landed safely at Exeter using its emergency brake and a heavy amount of right rudder, according to the pilot. No injuries were reported.
Now the new AAIB report has said that the wheel had come lose due to the seizure of its outer bearing and that passengers had watched it come off of the plane but did not report what they had seen to the crew. Instead, controllers contacted the pilot and asked the senior stewardess to assess the right landing gear from the window, at which point passengers informed her that the wheel had come off.
Flybe’s chief pilot and the captain of the plane then agreed via radio that the flight would return to Exeter airport and would perform a ‘left wing down’ landing technique to ensure the aircraft’s weight was shifted primarily to the wheels that remained in tact.
According to the AAIB, crewmembers had done a visual inspection of the plane before takeoff but the agency said that abnormalities in the bearing would not have been visible.
Join Date: Oct 2003
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I guess that theory would only work if the reason for the delay rests with the manufacturer. On the basis that no lease has been offered or provided, perhaps one can assume that the issues surrounding the delay lie elsewhere, and are not with Embraer?
This week Mark Chown was given a new job of head of acquisitions and corporate strategy along with a big press release that Flybe wanted to be a consolidator of the regional airline industry in Europe. Has the takeover of the Finnish operation all been bedded in smoothly already or is this just a case of one person looking a year or mord ajead while the rest oc the organisation tries to absorb and digest what it's only recently taken on ?
Join Date: May 2008
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First half results
Interim Results 2011 (6 months to September 30th 2011)
I’ve given these a good looking over and summarise below the key points as I see them (apologies if I’ve got anything wrong, but I’ve tried to get in the detail from what’s available publically and hope I’ve interpreted everything accurately)
Overall
Bearing in mind the overall economic backdrop and the recent profit warnings (which are more to do with future years’ profitability) , I think there’s some real positives within them.
Depending on which measure of last year’s profit is used for comparison purposes, then a review of the current year’s profits can give apparently conflicting interpretations on results.
If the 2011 first half profits are compared to the “unadjusted” profits for last year, the performance looks very strong with “EBITDAR” (the preferred measure of profits) up 9.1% to £60.9m and Profit before Tax up 74.4% to £14.3m.
However if a truer comparison is made to last year by adding back the £11.6m [published results] cost of the volcanic costs in 2010, then the 2011 results are actually worse than last year’s with the Profit Before Tax showing a £5.5m (28%) reduction [my calculation], and EBITDAR a similar (if not slightly larger) reduction.
This apparent downturn however is due , I think, to a couple of key issues.
· The loss of c£5.9m revenue from the Olympic contract.
· An initial £0.5m loss re Finland (to be expected with initial start up costs etc)
In my opinion these 2 are the key factors affecting the results, and once these are allowed for the results really are not too bad at all!
Other points [ obtained from accounts or co presentation] are a series of pluses and minuses which after a degree of netting out are a net positive too
Other financial points
· UK ticket revenue up by £19m (7.7%)
· Average ticket yield up 2.6%
· Ancillary revenue shows very strong growth, being £6.1m higher (11.7%) and ancillary yield passenger up 6.3%
· Seats flown 3.2% higher
· Passengers flown up 0.2m to 4.2m
· Load factor up from 64.0% to 65.6%
· The above partly more than offset the increases in fuel.
· Taking all the above together operating costs per seat increased by 1.6% whereas revenue per seat increased by 5.8%
· fuel efficiency has continued to improve with 15.9 kgs of fuel being consumed for each suit flown (last year 16.2kgs0. A great performance when fuel costs are so much higher.
· Cash flow is good. Balance sheet is strong.
A few miscellaneous bits and pieces
· In the company’s own words “ a satisfactory” first half. Personally, after allowing for the impact of the reduction in the Olympic revenue, I believe it’s better than that but do agree some caution is needed.
· The future is said to be “challenging” but when taking into account management actions the Board is given “confidence both in the long term future as well as ensuring we optimise our results for the current year”.
My own view is that it’s a so far so good for this year…a lot of challenges clearly ahead but to me (and I don’t work for the company nor have any inside knowledge) it seems as if the management are doing a good job.
Apologies if any of my analyses are wrong, but my guess is that the management of the company do read these posts and can correct (from public information) anywhere my calculations or interpretations are wrong.
I’ve given these a good looking over and summarise below the key points as I see them (apologies if I’ve got anything wrong, but I’ve tried to get in the detail from what’s available publically and hope I’ve interpreted everything accurately)
Overall
Bearing in mind the overall economic backdrop and the recent profit warnings (which are more to do with future years’ profitability) , I think there’s some real positives within them.
Depending on which measure of last year’s profit is used for comparison purposes, then a review of the current year’s profits can give apparently conflicting interpretations on results.
If the 2011 first half profits are compared to the “unadjusted” profits for last year, the performance looks very strong with “EBITDAR” (the preferred measure of profits) up 9.1% to £60.9m and Profit before Tax up 74.4% to £14.3m.
However if a truer comparison is made to last year by adding back the £11.6m [published results] cost of the volcanic costs in 2010, then the 2011 results are actually worse than last year’s with the Profit Before Tax showing a £5.5m (28%) reduction [my calculation], and EBITDAR a similar (if not slightly larger) reduction.
This apparent downturn however is due , I think, to a couple of key issues.
· The loss of c£5.9m revenue from the Olympic contract.
· An initial £0.5m loss re Finland (to be expected with initial start up costs etc)
In my opinion these 2 are the key factors affecting the results, and once these are allowed for the results really are not too bad at all!
Other points [ obtained from accounts or co presentation] are a series of pluses and minuses which after a degree of netting out are a net positive too
Other financial points
· UK ticket revenue up by £19m (7.7%)
· Average ticket yield up 2.6%
· Ancillary revenue shows very strong growth, being £6.1m higher (11.7%) and ancillary yield passenger up 6.3%
· Seats flown 3.2% higher
· Passengers flown up 0.2m to 4.2m
· Load factor up from 64.0% to 65.6%
· The above partly more than offset the increases in fuel.
· Taking all the above together operating costs per seat increased by 1.6% whereas revenue per seat increased by 5.8%
· fuel efficiency has continued to improve with 15.9 kgs of fuel being consumed for each suit flown (last year 16.2kgs0. A great performance when fuel costs are so much higher.
· Cash flow is good. Balance sheet is strong.
A few miscellaneous bits and pieces
· In the company’s own words “ a satisfactory” first half. Personally, after allowing for the impact of the reduction in the Olympic revenue, I believe it’s better than that but do agree some caution is needed.
· The future is said to be “challenging” but when taking into account management actions the Board is given “confidence both in the long term future as well as ensuring we optimise our results for the current year”.
My own view is that it’s a so far so good for this year…a lot of challenges clearly ahead but to me (and I don’t work for the company nor have any inside knowledge) it seems as if the management are doing a good job.
Apologies if any of my analyses are wrong, but my guess is that the management of the company do read these posts and can correct (from public information) anywhere my calculations or interpretations are wrong.
Join Date: Feb 2007
Location: BHX
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$500m Deal
This all seems very odd - the MEN article has the following quote, but it is not normal prctice to have the finance in place before you aircraft sitting around fully painted for several months??
Jim French, chairman and chief executive of Flybe, said the deal was a 'significant' vote of confidence in the airline and sends out a 'very clear message' that the business is in robust financial health.
"In the current challenging economic environment, I believe this very significant financing is a great testament to Flybe's recognised strength within the aviation finance community," he added.
"In the current challenging economic environment, I believe this very significant financing is a great testament to Flybe's recognised strength within the aviation finance community," he added.
Join Date: Jul 2009
Location: Regrettably far from 50°N
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Flybe Secures $500M Financing For 20 New Embraer E175 Jet Aircraft - WSJ.com and Flybe secures £322m for 20 new jets | Manchester Evening News - menmedia.co.uk
We might at last see the 175s then!!
We might at last see the 175s then!!
Join Date: Jan 2006
Location: Solihull
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175's
WingoWango
quote "them".
Are all four coming over together?
One GDS showing the first routes as CDG-MAN twice daily from 7/12 and
Hanover on the evening. Another one the same day doing BHX-DUS x 3.
Monday 12/12 shows Inverness - Gatwick and the 4th I can't find but was
originally 3 x MAN-DUS.
I know these systems are never accurate and if you check the BA code-share
on DUS and Air France on CDG then it they show the 175 a few days earlier.
Pete
quote "them".
Are all four coming over together?
One GDS showing the first routes as CDG-MAN twice daily from 7/12 and
Hanover on the evening. Another one the same day doing BHX-DUS x 3.
Monday 12/12 shows Inverness - Gatwick and the 4th I can't find but was
originally 3 x MAN-DUS.
I know these systems are never accurate and if you check the BA code-share
on DUS and Air France on CDG then it they show the 175 a few days earlier.
Pete