Jet2 4
@Ivan aromer the comments were made following a tribunal where union reps claimed they were being treated unfairly, the tribunal found that this was the case. I'm told that the judgement is available on line but have no link available.
I don't believe the word lie was used but he was told he was unreliable and unbelievable.
I don't believe the word lie was used but he was told he was unreliable and unbelievable.
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On another topic the employment judgement was quite a giggle
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Just returned to this site after quite an absence and read the last half dozen pages of this Jet2 thread.
During my absence my Dart shares have doubled in value as the city seems very happy with their financial figures, which were topped of last week with the announcement that JEt2 holidays now carrying over a million passengers a year, again great figures.
I am also happy to see a large number of pilots have been laid off, quite sensible surely when only half the fleet flown in the winter months, this would seem to me as a layman you only need half the number of pilots, I would be alarmed if they all remained on the payrole.
Flybe recent figures stated they were still having to use fuel forward contracts taken out at over 100 dollers a barrell until next year, when the contacts taken out early this year at 45 dollars come in to play, this will make Jet2 etc even more profitable, great for us shareholders, assuming they are running a similar forward contract basis.
During my absence my Dart shares have doubled in value as the city seems very happy with their financial figures, which were topped of last week with the announcement that JEt2 holidays now carrying over a million passengers a year, again great figures.
I am also happy to see a large number of pilots have been laid off, quite sensible surely when only half the fleet flown in the winter months, this would seem to me as a layman you only need half the number of pilots, I would be alarmed if they all remained on the payrole.
Flybe recent figures stated they were still having to use fuel forward contracts taken out at over 100 dollers a barrell until next year, when the contacts taken out early this year at 45 dollars come in to play, this will make Jet2 etc even more profitable, great for us shareholders, assuming they are running a similar forward contract basis.
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Another new B737 - 800 ??
According to another forum, rumour has it that Jet2 have gone and bought 8 year old ex Transaero Boeing 737-800, EI-RUP. It's been in storage at Bournemouth since January 2015.
No winglets, but sure they will be added if this proves to be true. This would be the youngest aircraft in the fleet
No winglets, but sure they will be added if this proves to be true. This would be the youngest aircraft in the fleet
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Boeing737-800 (34706/2014) was originally leased by Air China from Icelease and wfu by the Chinese airline in May 2014 and returned to the lessor. It was registered to Transaero Airlines but they did not take up the lease.
If a Chinese airline gives up on an aircraft that is 8 years old and a Russian airline refuses the same aircraft after registration, then it’s anyone’s guess what might be wrong with it......or what would be needed to be spent on it....
JET2 would appear to have their fleet requirements ready now for summer 2015 and it would be a surprise if there was any further addition to the fleet.
If a Chinese airline gives up on an aircraft that is 8 years old and a Russian airline refuses the same aircraft after registration, then it’s anyone’s guess what might be wrong with it......or what would be needed to be spent on it....
JET2 would appear to have their fleet requirements ready now for summer 2015 and it would be a surprise if there was any further addition to the fleet.
Honily, be interested to know where that's come from. Nothing to do with the 'vvips' visiting last week is it?
If so I wouldn't read too much into it.. Happens quite a lot, the Dart Group isn't just PM these days..
If so I wouldn't read too much into it.. Happens quite a lot, the Dart Group isn't just PM these days..
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The explanation I heard for the "visitors" last week was that PM wants to raise cash for the upcoming aircraft order by selling his share.
Can quite see a control freak like him giving up control of the business.
Can quite see a control freak like him giving up control of the business.
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New investment is the only way this company can finance a much needed fleet replacement, PM finally letting go and the airline/holidays side of the group up for sale is a strong rumour, but I'm with Artie, he's a complete control freak/micro manager, just can't see it!
But, it's a very 'temporary' structure all built around a 'full package' sale - for those that have ever wondered 'why' with regards to an aviation training centre on an industrial estate in that aviation centre of Bradford!
It'll all be 'something else' or gone with 5 years...those thinking this is some major player are dilluded and missing what PM is...
But, it's a very 'temporary' structure all built around a 'full package' sale - for those that have ever wondered 'why' with regards to an aviation training centre on an industrial estate in that aviation centre of Bradford!
It'll all be 'something else' or gone with 5 years...those thinking this is some major player are dilluded and missing what PM is...
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It'll all be 'something else' or gone with 5 years...those thinking this is some major player are dilluded and missing what PM is...
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Jet2 and jet2 holidays is owned by a public company, i.e. Dart Group. we the shareholders decide what happens not the C E, this is how the stock exchange works.
The rules are quite clear if the company has been approached or wishes to be approached an announcement must be made on the floor of the stock exchange.
If the company needs money it can have a rights issue, this is the normal way for a public company to go forward, (expect one from Tesco tomorrow). Unlike Tesco, Darts shares have doubled this year, making a rights issue easy to launch in the city.
Whilst a major shareholder, PM has to dance to the citys needs, I have seen 75% shareholders kicked out of there companies, PM would be easy to remove if the city lost confidence.
Certainly a sale would be good for me, I imagine at least a 25% premium to todays price.
The rules are quite clear if the company has been approached or wishes to be approached an announcement must be made on the floor of the stock exchange.
If the company needs money it can have a rights issue, this is the normal way for a public company to go forward, (expect one from Tesco tomorrow). Unlike Tesco, Darts shares have doubled this year, making a rights issue easy to launch in the city.
Whilst a major shareholder, PM has to dance to the citys needs, I have seen 75% shareholders kicked out of there companies, PM would be easy to remove if the city lost confidence.
Certainly a sale would be good for me, I imagine at least a 25% premium to todays price.
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B737-800 GJZHD
DDevil,
According to Jethros, the 8 year old ex Transaero Boeing 737-800, EI-RUP has been acquired by Jet2, and is due in service May 15.
They must have done some kind of deal for it then. Still a bit of a surprise though.
According to Jethros, the 8 year old ex Transaero Boeing 737-800, EI-RUP has been acquired by Jet2, and is due in service May 15.
They must have done some kind of deal for it then. Still a bit of a surprise though.
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B737-800 GJZHD
garry8g,
Yes, it must have been a very good deal. Jethro’s also reports that it will be in service by 15 May and therefore in time for the high season.
Perhaps either the Priviledge Style B757 or the Titan A320 leasing programmed for the summer will be cancelled.
garry8g,
Yes, it must have been a very good deal. Jethro’s also reports that it will be in service by 15 May and therefore in time for the high season.
Perhaps either the Priviledge Style B757 or the Titan A320 leasing programmed for the summer will be cancelled.
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If any were to be cancelled, would have though it would be the GLA based a320 - The extra capacity (+12.5%) would mean more seats, and a common type (B738) for GLA. Maybe they might keep both leases, and have G-JZHD as a back up/relief a/c. Only time will tell...
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Agreed that the Titan A320 would be the most likely cancellation. The back up/relief aircraft should be a couple of the B757s regrouped at LBA and MAN bases. Nevertheless G-JZHD will probably end up at LBA or MAN until it has proved its reliability.
With this ‘new’ B738 addition it is almost certain to be a Boeing order announcement for the future.
With this ‘new’ B738 addition it is almost certain to be a Boeing order announcement for the future.