Jet2 4
Join Date: Jun 2015
Location: Soon to be out of the EU.
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It's primarily a UK based leisure company. It's share price is taking a hammering in line with most companies in the industry. It's nothing to be too concerned about (unless you're a shareholder!).
Join Date: Sep 2006
Location: Out of a bag
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I'm sure you'll cry me a river.
Join Date: May 2013
Location: Gateshead, UK
Age: 25
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I'd say it would be a toss up between AGP or TFS/ACE, I'm sure they based a 738 at ACE one winter a few years ago, because it was the first Jet2 scheduled flight into NCL a couple of times a week
Join Date: Mar 1999
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Join Date: Mar 2001
Location: Either the back of a sim, or wherever Crewing send me.
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I'm sure they based a 738 at ACE one winter a few years ago
It was a 75 and based @ TFS
Join Date: Sep 2001
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In fact the ACE basing didn't last the full winter season and was operated with the Czech 738 that was leased.
Join Date: Feb 2001
Location: gate 67 JFK
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I think Jet2 rightly placed an aircraft in ALC to provide a rapid response should they have a tech issue in Spain, it is always going to be quicker to resolve that with a standby aircraft nearby, of course some of this was probably in response to the care levels that are expected (and protected) with inclusive tours holidays.
With regard to the share price, well they go up and down just the same as everyone else, as this season winds down all eyes will be on next years forward bookings, if the pound remains weak in to early new year people will likely hold off committing to multiple EU holidays and with Sharm, Tunisia and parts of Turkey off limits, then many will only look at EU destinations or the states and Jet2 can't really do the latter with very old 757's up against operators with 787's other than Xmas specials.
Brexit and 25+ new 738's are a toxic mix for an airline that is very seasonal in its operation, 2017 will be a challenging year for all airlines, aren't they all! but thus far things have worked out for Jet2 and i suspect that they will again, they need to replace their older aircraft and i'm sure they will have got a good deal on run out production of NG prior to the MAX, but out of the box the max will fly faster, higher and use less fuel, be it FR with 200 seats or Norwegian flying from Spain to the UK with a Spanish cost base.
Jet2 should size the moment and become a true pan European airline whilst a EU accepted AOC allows, the new 738NG are ideal to base in LPA/TFS/FUE/ACE flying to Scandinavia in winter, good use of the asset is the secret to good returns
With regard to the share price, well they go up and down just the same as everyone else, as this season winds down all eyes will be on next years forward bookings, if the pound remains weak in to early new year people will likely hold off committing to multiple EU holidays and with Sharm, Tunisia and parts of Turkey off limits, then many will only look at EU destinations or the states and Jet2 can't really do the latter with very old 757's up against operators with 787's other than Xmas specials.
Brexit and 25+ new 738's are a toxic mix for an airline that is very seasonal in its operation, 2017 will be a challenging year for all airlines, aren't they all! but thus far things have worked out for Jet2 and i suspect that they will again, they need to replace their older aircraft and i'm sure they will have got a good deal on run out production of NG prior to the MAX, but out of the box the max will fly faster, higher and use less fuel, be it FR with 200 seats or Norwegian flying from Spain to the UK with a Spanish cost base.
Jet2 should size the moment and become a true pan European airline whilst a EU accepted AOC allows, the new 738NG are ideal to base in LPA/TFS/FUE/ACE flying to Scandinavia in winter, good use of the asset is the secret to good returns
Join Date: Nov 2006
Location: Northern Ireland
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Of course Inkjet,
A base in the Canary Islands flying to Scandinavia, never worry about DY or SK.... I'm not convinced. Jet2 has very clearly been going primarily after the inclusive tour market, this is a key differentiator for them, this coupled with low aircraft costs has allowed them to compete effectively with FR EZY etc. Does that model need ac arriving at destinations around the same time to feed to bus connections etc?
The jury is out on the impact of Brexit at this point, some signs point to it not being as devastating as 1St anticipated... And the exchange rate is improving.. Though as pointed out any softening in demand could be particularly painful with the burden of new aircraft cost. However, If the holiday model is working they probably are better placed than other airlines...
A base in the Canary Islands flying to Scandinavia, never worry about DY or SK.... I'm not convinced. Jet2 has very clearly been going primarily after the inclusive tour market, this is a key differentiator for them, this coupled with low aircraft costs has allowed them to compete effectively with FR EZY etc. Does that model need ac arriving at destinations around the same time to feed to bus connections etc?
The jury is out on the impact of Brexit at this point, some signs point to it not being as devastating as 1St anticipated... And the exchange rate is improving.. Though as pointed out any softening in demand could be particularly painful with the burden of new aircraft cost. However, If the holiday model is working they probably are better placed than other airlines...
Join Date: May 2000
Location: I'm somewhere where I don't know where I am.
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AGM Statement:
The Board is also pleased to announce London Stansted Airport as our ninth UK base. We expect to welcome customers on board our holiday flights from this new base in spring 2017. We believe that London Stansted has great potential for our holiday business, serving the populations of North and East London and the East of England.
The Board is also pleased to announce London Stansted Airport as our ninth UK base. We expect to welcome customers on board our holiday flights from this new base in spring 2017. We believe that London Stansted has great potential for our holiday business, serving the populations of North and East London and the East of England.
Join Date: Jul 2006
Location: STANSTED & MANCHESTER
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When do you think we will know more details on the base size and routes
I'm hoping for a winter Newyork
But surly as most airlines have announced summer 2017 I guessing we should know more very soon
I'm hoping for a winter Newyork
But surly as most airlines have announced summer 2017 I guessing we should know more very soon