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EasyJet - 4

Old 28th Jun 2011, 18:39
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You should know better than to believe anything TM sends out, easyflyer83. A very hefty payrise is most definitely not being asked for, but this is not a discussion for the airline forum anyway.
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Old 29th Jun 2011, 00:00
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Cabin Crew plan to strike for 48 hours in July.
Easyjet cabin crew strike could cause disruption at Toulouse - 28 June 2011 - Guide2Midi Pyrenees News

Rumors report Easyjet will not open new Lisbon base due to start in October 2011 and officially announced in October 2010.
EZY confirmed that it will open this October last week.
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Old 29th Jun 2011, 00:14
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does this mean that southend will not get the three jets that were to come from lisbon for their start up in april?
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Old 29th Jun 2011, 09:57
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LIS base

Guys,

Two weeks ago, the CEO of Easyjet said that Lisbon base will open as soon as the Terminal 2 is ready to support the company, which is scheduled to the beginning of 2012.
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Old 1st Jul 2011, 11:54
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new bases

Ok, so Lisboa is next. I've read somewhere that easyJet is also thinking of opening up bases in Cph, BCN and AMS. In fact that it was likely to be any of them if not Lisboa. Is this likely to happen in the near future? Southend took me by surprise as I thought that easyJet already had a strong enough position in the London area. If you look at the routemap, easyJet have a strong presence in the west and south parts of Europe. Will expansion come to a halt before easyJet tries make all of Europe orange? How does the orderbook of a/c's look?

Cheers
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Old 1st Jul 2011, 12:23
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BHX need EasyJet to set up a base, the airline no longer serve the Midlands apert from GVA & GNB during the Winter.

Lots ot of routes unserved, excellent transport links (railway, motorways etc).

Massive catchment.

Why are they not interested ?
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Old 1st Jul 2011, 16:23
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Come on, BHX5DME... This has been discussed for years in the BHX forum. Ain't going to happen. You mention one thing already: Our railway link (West Coast) to London is too good these days (85min to Euston). And you think the M5 and M6 are excellent motorways, really, when, at 2am ? And BHX's management is not the brightest. But mostly, EZY is very big at LPL, MAN, LTN and BRS, while we at BHX can't even feed WW and BE properly with passengers. You want a BHX-BER on a A139 (!) when even BE's FRA has been stopped ? Get real... BHX's catchment area actually is much smaller than you think, people are turning their back to it.
 
Old 1st Jul 2011, 16:27
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MAN - but for how long more? Watch the space.
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Old 1st Jul 2011, 16:39
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MAN - but for how long more? Watch the space
Erm, considering they have just signed a new deal for up to 2015 at MAN, and the fact based unit number 7 has just been announced, do you mind telling me your basis for the above statement?
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Old 1st Jul 2011, 17:04
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MAN - but for how long more? Watch the space.
Hilarious. New routes, 6th aircraft arrived in May, number 7 early next year. That doesn't happen to a condemned base. Not least when competition between bases for additional aircraft is so strong within Easyjet these days.

EZY will move to T1 aswell in November as T3 can't cope with Easyjet expansion.
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Old 1st Jul 2011, 17:56
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easy & BHX

jpthomas72

Some strange examples used - flybe to Frankfurt is competing with major International airline with four frequencies everyday and to a massive hub but
Berlin would be competing with Ryanair at EMA only or at push easy at LTN.

Also flybe had two weekday frequencies on a Q400, which on a good day was serviceable and it was all geared to the UK based passenger with very
little code-share feed at Frankfurt (Qantas?). The only surprising aspect is that it lasted so long.

Catchment Area - not quite sure what you mean by your statement. Isn't it clearly defined as the number of people living with a certain radius? If so, it is big and most seem to agree that BHX only gets a 40% share. Although I agree that the proximity of London & Manchester is a major factor but not insurmountable.

The easy way (no pun) to improve on 40% would be get direct services to places where people want to go and easyjet seem to able to give an airport this option (see Manchester) but if the airport bean-counters are happy with their lot and won't make any short-term concessions on fees, then that is fine if it fits into a well defined long-term strategy (dubious?).

If they have made concessions and easy still are not interested then
that is that but very frustrating for us in Midlands when comparing to other airports although I realise it is never as simple as that but I would love to know the nature of past discussions between easy and BHX.

Pete
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Old 12th Jul 2011, 18:11
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Sky News reporting renewed hostilities between Stelios and the EZY board about fleet size. Stelios wants a fleet reduction and cash returned to shareholders (he holds 38% of the shares IIRC)
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Old 12th Jul 2011, 18:27
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Time for a buyout, and to go thier own way? Carolyn seems well suited to the role - sorting out lots of problems.
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Old 13th Jul 2011, 07:33
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Stelios wants a fleet reduction and cash returned to shareholders (he holds 38% of the shares IIRC)
A small fleet reduction could make the airline more profitable and need a lot less capital. Easyjet is looking at running on 204 planes. Not all routes will make the same profit and some will be marginal. As the oil price is likely to be high for some time (unless we have a global melt down) it would be wiser to run with 170-190 planes. Then the firm does not need to pay for 14-34 planes.
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Old 13th Jul 2011, 08:54
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As far as I hear it, EZY are looking at various senarios of fleet changes, some might suprise you.
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Old 13th Jul 2011, 11:15
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As far as I hear it, EZY are looking at various senarios of fleet changes, some might suprise you.
Care to elaborate?
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Old 13th Jul 2011, 11:32
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This is just the latest. Stelios has been banging on for some time,in the financial press, about returning more cash to shareholders (him being the largest) as he openly said he wanted to raise cash to `invest in more projects`...no doubt more failures like Cruise/Car/Cinema etc etc.

However the only entrepreneurly success he ever had, Easyjet, is being well run by the present management, which now just ignores his regular `teddy out of the cot` routine, and appears to wind him up. His views dont seem to find favour, in the financial press, either like they once did.

I`m afraid the expression` Busted Flush`comes to mind...shame because I liked the guy and he put low cost on the map but times move on eh...
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Old 22nd Jul 2011, 07:27
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RNS

EASYJET INTERIM MANAGEMENT STATEMENT FOR THE QUARTER ENDED 30 JUNE 2011


Highlights (figures below are for the quarter ended 30 June 2011):


∑ Total revenue grew by 23.2% to £935 million

∑ Number of seats flown rose by 17.1% to 16.7 million, load factors improved by 0.2 percentage points to 86.3% and sector length declined by 1.6%. There was a 17.3% growth in passengers (8.8% growth excluding the impact of the 2010 volcano)

∑ Total revenue per seat grew by 5.2% to £56.02, up 4.6% on a constant currency basis. Passenger revenue grew 3 by 2.5% to £44.37 per seat as capacity investments made in F'10 and the first half of F'11 began to mature. Ancillary revenues grew strongly up 17.0% per seat to £11.65 as a result of management actions taken in the second quarter

∑ easyJet had £112 million of net cash as at 30 June 2011

∑ On Time Performance continues to improve and was above 80% for the network in the quarter

∑ Continued good progress in implementing the strategy outlined last November including the launch of a flexible fare on easyJet.com to enable our 'travelling on business' initiatives. The number of passengers travelling with easyJet on business in the quarter increased by 20%

∑ August is the important trading month for easyJet but with over 75% of summer seats now sold we expect at current fuel and exchange rates4 to deliver a pre-tax profit for the year ended 30 September 2011 of between £200 million and £230 million assuming normal conditions which approximates to a ROCE for the year of between 10% and 12%
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Old 22nd Jul 2011, 08:58
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Well if Stelios isn't impressed by this progress he really needs to sell out his stake in the airline and move on.
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Old 22nd Jul 2011, 09:32
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Care to elaborate?
It this point no, but if you read between the lines of what has happened with the recent AA orders, you might see what I have been told.
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