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Old 5th Mar 2015, 12:58
  #1761 (permalink)  
 
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Runway30, that's state aid then. You have a government-owned organisation providing funding, the source of which is from the government, to a commercial organisation. If it's a grant, it's state aid, if it's a loan, it might be state aid depending on the terms of that loan and almost certainly will be!
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Old 5th Mar 2015, 14:44
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Well I dont think theres any proof that this agreement with flybe had any of the loan money spent on it what so ever.

Even if the loan money has been used to draw flybe in, it has to be repaid. Bristol can do the same from any bank if they like. Any airport can.
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Old 5th Mar 2015, 15:23
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Smoke and mirrors. Are they not basically lending money to themselves.

I wish Flybe and Cardiff Airport all the best in this venture.

Centre cities
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Old 5th Mar 2015, 16:30
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Was the Flybe E195 at Cardiff today to do with the launch of flights?
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Old 5th Mar 2015, 16:46
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Yes I think so, it was on BBC Wales news.

Best of luck, MUC, DUS and Milan will be key for business.
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Old 5th Mar 2015, 16:52
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Caused a little giggle where I was when we saw it.After all the speculation of money being heavily involved Flybe decide to send down FBEG!!
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Old 5th Mar 2015, 17:03
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A 10 year deal with CWL so imagine there will be more routes to follow as per press release.

Quite a good range on the E195 and having 2 based is great. I imagine come winter there be a few more sun & ski routes, MJV be great to see back and SZG.

Great news let's hope the travelling public use it
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Old 5th Mar 2015, 17:17
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I don't think BRS will complain too much about any public subsidy for Cardiff as they appear to have legally avoided paying Corporation Tax for quite a while.
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Old 5th Mar 2015, 17:46
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About time CWL had some good news like this and about time they had one over BRS......before Flybe bought BA Connect they were one of the main carriers at BRS and now Flybe have no presence there at all.

Let's hope for more good new to follow as said before a NYC or Middle East be amazing !!!
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Old 5th Mar 2015, 17:56
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Flybe

Given that Flybe were prepared to stomach a £20m p.a hit to keep the195's on the ground, it doesn't take too much imagination to guess at the size of the 'subsidy'. I trust the DfT are having a good look.
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Old 5th Mar 2015, 18:04
  #1771 (permalink)  
 
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I do not want to rain on any parade of good news and Cardiff certainly deserves to gave something to finally celebrate, however before getting too excited the Fly be of today is very different to the Fly be of old, they open and then close routes very quickly, seemingly do not give routes long to make a positive financial impact and appear to have no loyalties where airports are concerned, deal or no deal! Only last year they opened 7 new routes at BHX in a blaze of positive press releases only to drop them a year later. Not saying this will happen at CWL but be aware......The most worrying thing is that they were (are?) desperate to get rid of the 195's and if they do find a profitable way to dispose of them it is likely they will, where would the operation stand at CWL if that does happen?

I really do wish them every success at CWL but their recent track record in route development is hit and miss to say the least...And I am not a Fly be hater in fact I use them a lot from BHX and have never had any problems, I really like what they do product and service wise.
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Old 5th Mar 2015, 18:22
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I'll say it again, GayFriendly. How can you seriously entertain all of these doubts ? It's almost as if you think that the Management don't know what it is doing !
Believe in the "Power Of Purple" Mr. Haddad does !
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Old 5th Mar 2015, 18:23
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To quash the rumours, CWL, Flybe, the WG and all other parties know the line between legal and illegal. This is firmly legal, and the 'subsidy' is not effectively a traditional subsidy so to speak. This is exactly the same as many mechanisms used throughout the entire EU that FR, EZY and other major carriers have adopted in order to help routes become viable.

To stress, its firmly legal and i wish both Flybe and CWL all the best with this !
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Old 5th Mar 2015, 18:33
  #1774 (permalink)  
 
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AirGuru

Just playing devils advocate here.... but this is a rumour network, and last time I checked you were not a lawyer. So how are you so certain it is so "firmly legal"?
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Old 5th Mar 2015, 18:42
  #1775 (permalink)  
 
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Argument being the WG, CWL or a private airline, this case being Flybe would not dare engage in illegal activities.

Im no lawyer, and for the record never will be !
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Old 5th Mar 2015, 20:47
  #1776 (permalink)  
 
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My main concern is that CWL has only attracted a new airline and routes by by offering substantial financial incentives that seemingly go way beyond the usual discount landing fees etc When new routes are launched. This does not say much for Cardiff commercial attractiveness to airlines. The WG have certainly blurred the lines between loan and subsidy and goes to show how desperate they are to secure the future of CWL. I wonder how big the loan/subsidy (delete as appropriate) would have to be to entice a route to NYC?
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Old 5th Mar 2015, 21:00
  #1777 (permalink)  
 
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Originally Posted by AirGuru
To quash the rumours, CWL, Flybe, the WG and all other parties know the line between legal and illegal. This is firmly legal...
To stress, its firmly legal...
That's really most reassuring to hear.

Argument being the WG, CWL or a private airline, this case being Flybe would not dare engage in illegal activities.
If you like, I can give you a list of the airports, airlines and states that have over the last few years been found to have engaged in illegal state aid practices. Were they more daring? Ill-informed? Or just desperate?

But could you perhaps share with us some details of the funding structure, in order that the rest of us might be able to share your firm conviction?
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Old 5th Mar 2015, 21:33
  #1778 (permalink)  
 
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CARDIFF BE WARNED........FLYBE said much the same thing to SOUTHEND.
Based aircraft lots of new routes and look whats happened here,,,,, only time will tell, hope it works out for you.FLYBE will show you no LOYALTY
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Old 5th Mar 2015, 21:43
  #1779 (permalink)  
 
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What's to say the subsidies are route specific and not just "base 2 aircraft here for 10 years." Gay friendly is right to a degree but I am sure there are reasons behind closing so many BHX routes down. It isn't cheap necessarily setting them up so any decision to close a route would be thought through.

This is different though. There was no 10 year commercial plan with BHX as there appears to be with CWL.

If there is a better deal for the jets elsewhere the only route that would probably go is FAO as the rest could be replaced much easier by the Dash 8. And regarding Southend I think there needs to be abit more educating on how franchise partners like Stobartair work.

Stobartair pay to use Flybe's revenue streams and in return they operate in Flybe colours and no doubt give some financial return back. Decisions on where Stobartair fly are solely their own as is the financial risk. So Mikkie4 is not factually accurate
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Old 5th Mar 2015, 22:05
  #1780 (permalink)  
 
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Cloud1, I feel Faro will be one of the more succesfull routes out of the bunch. Carried over 40 thousand passengers in 2011 when baby ran the show, its a route thats been wanted back for a while now.
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