Jet2 4
Join Date: Aug 2013
Location: Newcastle Upon Tyne
Posts: 886

Join Date: Jan 2010
Location: EU
Age: 50
Posts: 253
Data would indicate that of the 57 airframes in the fleet only 11 are leased. Inevitably these leases would be cheaper than usual as they were for second hand aircraft. The new order of aircraft may well be bought outright by JET2, as previously someone mentioned that a deal with Bank of America to finance the purchase had been negotiated. This would make sense as interest rates are low and it would be an important saving on a regular leasing arrangement. This doesn’t solve the low winter usage of aircraft but it does go some way to mitigate the issue.

Join Date: Dec 2013
Location: Wherever Crewing send me
Posts: 74
The 757 is pointless for Airlines like Jet2 now

Join Date: Aug 2013
Location: Newcastle Upon Tyne
Posts: 886
757 = Fantastic aircraft thats served them well but they will have to let it go sooner or later

Join Date: Nov 2014
Location: Tyne and Wear
Posts: 172
Jet2 Publicly Announce New Routes from Edinburgh for S16
Biggest EVER Expansion for Jet2.com and Jet2holidays | Jet2.com

Today, 1 week after the first news, Jet2 have publicly announced their Biggest EVER expansion programme. The report outlines that only 1 737-800 will be based up there (bringing the total number of aircraft based to 5) - and a busy 738 it will be! The report also outlines that 500,000 seats are on sale for S16, bringing an additional 150,000 passengers through EDI's doors - an increase of 55%. This brings the total available routes Jet2 offer from Edinburgh to 26. It says that over 150 new jobs will be created at the Scottish hub, and that this is the biggest expansion Edinburgh Airport has ever seen since it became a private company.
A Quote taken from EDI's CEO:
"Excitingly we’ll see the introduction of the first service between Edinburgh and Vienna which is a particularly important destination for us to serve. Not only will it offer leisure travellers great choice for city breaks, it opens up further trade and business links between Scotland and this major European hub."

Today, 1 week after the first news, Jet2 have publicly announced their Biggest EVER expansion programme. The report outlines that only 1 737-800 will be based up there (bringing the total number of aircraft based to 5) - and a busy 738 it will be! The report also outlines that 500,000 seats are on sale for S16, bringing an additional 150,000 passengers through EDI's doors - an increase of 55%. This brings the total available routes Jet2 offer from Edinburgh to 26. It says that over 150 new jobs will be created at the Scottish hub, and that this is the biggest expansion Edinburgh Airport has ever seen since it became a private company.
A Quote taken from EDI's CEO:
"Excitingly we’ll see the introduction of the first service between Edinburgh and Vienna which is a particularly important destination for us to serve. Not only will it offer leisure travellers great choice for city breaks, it opens up further trade and business links between Scotland and this major European hub."

Join Date: Mar 2008
Location: Newcastle NI
Posts: 824
New EDI routes
Looks very much like Jet2Holidays driving the route selection, nothing wrong with that, but further cements the seasonal nature of Jet2 business going forward which flies in the face of a new leased fleet order.
Jet2 are not in any sense of the word a transatlantic operator, a few dozen mainly Xmas New York flights can not add much to the bottom line, the 757 is a truly excellent aircraft and nothing on the market including the A321 comes close, having said that 90% + of what you might want to do can be done be with the 321/738 and its already been pointed out that the 757 will be phased out at some stage.
The spot light will be on Jet2's reliability this summer, they work crews and aircraft very hard in Summer
Jet2 are not in any sense of the word a transatlantic operator, a few dozen mainly Xmas New York flights can not add much to the bottom line, the 757 is a truly excellent aircraft and nothing on the market including the A321 comes close, having said that 90% + of what you might want to do can be done be with the 321/738 and its already been pointed out that the 757 will be phased out at some stage.
The spot light will be on Jet2's reliability this summer, they work crews and aircraft very hard in Summer

Join Date: Aug 2011
Location: far too low
Posts: 231
The 800s can do the transatlantic stuff




Join Date: Nov 2014
Location: Tyne and Wear
Posts: 172
The spot light will be on Jet2's reliability this summer, they work crews and aircraft very hard in Summer
The 757 is unique, as is Jet2's winter breaks to New York. The airline was the first, and still the only Low Cost airline to travel Transatlantic from the North. As much as I understand the 757's will go sooner or later, there's still some life in them yet. If Jet2 were to buy some young 757's, (10-15 year old) they'd get another 15 or so years out of the beautiful bird, until a viable replacement, in the form of a 757MAX (though highly unlikely), were to be manufactured.
Realistically, the most logical replacement (though there will never be a true one) would be the 767;
- It is still in production
- It shares a common TR with the 757
- It can fly a varied range of missons, from seasonal New York, to 'packed to the rafters' bucket and spade flights
- Is common with the rest of the fleet
As the 757 and 767 were manufactured in unison, it means that transition between the two aircraft would be seamless. It means little retraining for crews and engineers, as opposed to lots of expensive retraining on a new type. As mentioned, the 767 can do the vast majority of what the 757 can do, and more. It would give for greater capacity on the 'bucket and spades', as well as greater flexibility for Jet2 operations. Maybe a 2-3 aircraft order would be suitable to start with. The aircraft, would be very busy in the summer, but not so in the winter. However, because of their wide range of missions, the 767's could be chartered during the winter for many airlines, and in turn, this would cover the costs of being parked up on the ground. If, in the event no new aircraft order is made, maybe a few second hand 767's bought outright would suit the business model of Jet2 a little better.
Traditionally, LCC's do not operate a mixed fleet, mainly due to it costing more than a common fleet does. It then begs the question: Are Jet2 not negotiating a deal with Airbus, in order to drive a better deal with Boeing?...
...Time will tell...


Join Date: Jan 2010
Location: EU
Age: 50
Posts: 253
Back in 2009 JET2 were recruiting B767 type rated pilots and since then the rumours of a Long Haul programme with appropriate aircraft have been doing the rounds and nothing has come of it. There would appear to be no plans in the near future to launch a long haul programme nor acquiring aircraft to do it.
The possible acquisition of new aircraft would appear to be a near on certain possibility but they will be for JET2’s present flying programme. As it is common knowledge that the airplane manufacturers offer discounts of around 50% on any sizeable order, it would suggest that JET2 will be buying the aircraft rather than leasing. After all if they can negotiate a 50% discount on the aircraft order, why then would they want to lease the aircraft and give the advantage of the discount to the leasing company in extra profits? Surely it would be much better for JET2 to buy the aircraft outright with a bank loan at a low interest. This would also serve to compensate the quiet winter flying and avoid crippling high leasing costs.
The possible acquisition of new aircraft would appear to be a near on certain possibility but they will be for JET2’s present flying programme. As it is common knowledge that the airplane manufacturers offer discounts of around 50% on any sizeable order, it would suggest that JET2 will be buying the aircraft rather than leasing. After all if they can negotiate a 50% discount on the aircraft order, why then would they want to lease the aircraft and give the advantage of the discount to the leasing company in extra profits? Surely it would be much better for JET2 to buy the aircraft outright with a bank loan at a low interest. This would also serve to compensate the quiet winter flying and avoid crippling high leasing costs.

I REALLY SHOULDN'T BE HERE
Join Date: Dec 2005
Location: TOD
Posts: 1,402
LSM,
I would suggest that what Gorter is referring to i.e. Globespan's record of North Atlantic operations, is a matter of public record. It is not contentious or libellous.
BBC NEWS | UK | England | Merseyside | Airline fined over faulty plane
I would suggest that what Gorter is referring to i.e. Globespan's record of North Atlantic operations, is a matter of public record. It is not contentious or libellous.
BBC NEWS | UK | England | Merseyside | Airline fined over faulty plane

Join Date: Feb 2003
Location: UK
Posts: 272
Anyway, back to Jet2. People keep talking about the seasonal nature of Jet's operation and how it wouldn't suit a leased fleet of aircraft. I understand that Thomson send several 737's to Canada to offset their lack of their flying over the winter. This explains how they manage it, but how do other charter airlines (I'm thinking specifically of Thomas Cook) or other small scheduled low cost airlines who's flights are mainly to holiday destinations (Monarch) cope despite having largely (or indeed entirely) leased fleets?
I don't know if anyone knows how Jet2's fleet usage compares to TC and MON over the winter, but being similar sized airlines with similar short haul routes, I would have thought the seasonal nature of their business would be similar (TC's long haul network notwithstanding).
Jet2 obviously have several strings to their bow, with a decent number of charters over the winter as well as the royal mail contract to keep things ticking over, but this talk of fleet renewal with possibly a fair number of leased aircraft made me wonder, would there be a need for them to tinker with their business model to accommodate a leased fleet?
I don't know if anyone knows how Jet2's fleet usage compares to TC and MON over the winter, but being similar sized airlines with similar short haul routes, I would have thought the seasonal nature of their business would be similar (TC's long haul network notwithstanding).
Jet2 obviously have several strings to their bow, with a decent number of charters over the winter as well as the royal mail contract to keep things ticking over, but this talk of fleet renewal with possibly a fair number of leased aircraft made me wonder, would there be a need for them to tinker with their business model to accommodate a leased fleet?


TUI own or have a controlling share of Sunwings now, the B737's and European pilots to Canada will be extended to all of the group in Europe eventually, I was running into British TCX guys in the Caribbean flying the Condor aircraft all winter, couldn't tell you if that includes offloading airframes too...
These are significantly more 'grown up' and developed UK company's than Jet2 - Monarch...well, just surviving and evolving I guess...and I hope it does!
One thing is for sure, the days of summer only existence and parking aircraft up, is a very 'temporary' thing and will need to change...
These are significantly more 'grown up' and developed UK company's than Jet2 - Monarch...well, just surviving and evolving I guess...and I hope it does!
One thing is for sure, the days of summer only existence and parking aircraft up, is a very 'temporary' thing and will need to change...

Join Date: May 2009
Location: GLA
Posts: 80
I am surprised EXS haven't looked at more Scandinavian charters into destinations like the Canaries in the Winter or possibly a Winter / Summer capacity exchange agreement with a Scandinavian carrier such as Primera Air.

Join Date: Aug 2004
Location: europe
Posts: 357
Transatlantic
As far as I am aware there are no plans to get rid of the 757 fleet any time soon, I believe they are planned in the program for at least another 5 years, probably only the newer frames. I cannot see the 737-800 doing any transatlantic operations in the near future. If anything with the fleet replacement debate the 757s will continue until a replacement is ordered, even when ordered will probably take another 3 + years before deliverys begin.
