Go Back  PPRuNe Forums > Misc. Forums > Airlines, Airports & Routes
Reload this Page >

bmiBaby threads (merged)

Wikiposts
Search
Airlines, Airports & Routes Topics about airports, routes and airline business.

bmiBaby threads (merged)

Thread Tools
 
Search this Thread
 
Old 13th Mar 2012, 20:21
  #81 (permalink)  
 
Join Date: Apr 2004
Location: UK FIR
Posts: 256
Likes: 0
Received 0 Likes on 0 Posts
That facts are that two companies have signed terms sheets, ie they are interested in the business and already know the numbers.
A term sheet is only an expression of interest. It doesn't mean much more than that. There is a long way to go between term sheet and closing a deal.

The aircraft are elderly, younger than BA 400's or Lufthansa's 300's/500's and far younger than the Jet2 classic fleet. Non of which are decrepit or thirstier than any other classic fleet world wide??
the 737-300/400/500s are in their twilight years. In a modern world where oil is over a hundred bucks a barrel they make it more difficult to turn a profit.

As for routes, well closing CWL and MAN was madness, and the uncertainty over the future of baby will not be helping forward bookings, nor will the lack of a winter schedule.

I hope for all concerned that an understanding buyer is found, and Inkjet, the hint that you know more than anyone else is interesting, you must be the only person who does know.....wink wink.

Last edited by G-AWZK; 13th Mar 2012 at 20:44.
G-AWZK is offline  
Old 13th Mar 2012, 20:30
  #82 (permalink)  
 
Join Date: Feb 2012
Location: Liverpool
Posts: 1
Likes: 0
Received 0 Likes on 0 Posts
The lack of a winter schedule means nothing-last year I don't think they went on sale until mid-April! Easyjet don't have theirs on yet...should we be worried about them as well.
liverpool07 is offline  
Old 13th Mar 2012, 21:14
  #83 (permalink)  
 
Join Date: Aug 2002
Location: USA
Age: 66
Posts: 2,183
Likes: 0
Received 0 Likes on 0 Posts
G-WK

Thanks you saved me the time....


Clearly you would be delighted were bmibaby to "be closed forthwith"
Completely untrue......I have a vested interest in them flying. I have a vested interest in ALL companies flying.(In UK airspace)

In view of your recent predictions vis

I would put it at 90%+ that baby will be sold before Xmas......3rd Nov 2011, 09:38
I shan't hold my breath on your knowledge of forward bookings.

Inkjet you really are a winker......spelling?

Last edited by eastern wiseguy; 13th Mar 2012 at 21:51. Reason: Amplifying thoughts
eastern wiseguy is offline  
Old 14th Mar 2012, 15:43
  #84 (permalink)  
 
Join Date: Jan 2007
Location: solihull West Midlands
Posts: 967
Likes: 0
Received 0 Likes on 0 Posts
Expressdriver,

Thought you gave a good and plausible if a bit long synopsis on this matter.

However with ever rising fuel prices and a fleet of gas guzzlers, for the new airline to be successful, they MUST be able to replace the current fleet reasonably quickly with more modern and fuel efficient planes.

Even Jet 2 with a fleet of older 737s are gradually doing this, leaving Baby the only UK airline left to start this process.

I am keeping my fingers crossed that a new owner, and crucially, one capable of having deep enough pockets required to turn the losses signs up in the next 2 weeks.

Nigel
nigel osborne is offline  
Old 14th Mar 2012, 16:20
  #85 (permalink)  
 
Join Date: Mar 2000
Location: U.K.
Age: 46
Posts: 3,112
Likes: 0
Received 0 Likes on 0 Posts
737 CL aren't particularly gas guzzling compared to other aircraft. For the shortish flights that baby does with them, they aren't too bad really.

Classics will need replacing or upgrading due to plenty of other reasons, but fuel economy isn't really much of an issue.
Say again s l o w l y is offline  
Old 15th Mar 2012, 12:48
  #86 (permalink)  
Thread Starter
 
Join Date: Sep 2010
Location: Holywood
Age: 50
Posts: 179
Likes: 0
Received 0 Likes on 0 Posts
I feel a BMIbaby 3 coming on! lets all calm down
It is always quiet unless you are in the boardroom.
It does get lonely up in the country side outside the city so just ignore the wise guy.
dog in park is offline  
Old 15th Mar 2012, 22:29
  #87 (permalink)  
 
Join Date: Feb 2006
Location: Belfast
Age: 60
Posts: 213
Likes: 0
Received 0 Likes on 0 Posts
It's currently being suggested on the BHD forum that MOL has been having discussions with management. Could there be some tie in with bmibaby here in view of the rumours about Ryanair wanting to buy it?
frequentflyer2 is offline  
Old 15th Mar 2012, 22:44
  #88 (permalink)  
 
Join Date: Apr 2004
Location: UK FIR
Posts: 256
Likes: 0
Received 0 Likes on 0 Posts
That's not possible. Inkjet said Ryanair would never buy baby.
G-AWZK is offline  
Old 16th Mar 2012, 00:09
  #89 (permalink)  
 
Join Date: Feb 2001
Location: gate 67 JFK
Posts: 690
Likes: 0
Received 0 Likes on 0 Posts
Brevity, bloodly hell that's a first!!
INKJET is offline  
Old 16th Mar 2012, 00:25
  #90 (permalink)  
 
Join Date: Apr 2004
Location: UK FIR
Posts: 256
Likes: 0
Received 0 Likes on 0 Posts
For a change I was agreeing with you inky. I can't see Ryanair having any serious interest in taking over baby.

I would still regard Stobart as a good result.

The fat lady has cleared her throat a number of times on the regional deal, but time is running out.........
G-AWZK is offline  
Old 16th Mar 2012, 14:23
  #91 (permalink)  
 
Join Date: Mar 2012
Location: in a house
Age: 73
Posts: 14
Likes: 0
Received 0 Likes on 0 Posts
Latest missive from WPS:

Regarding bmibaby we are in advanced stages of due diligence with one of the parties and we will be in a position to start consultation with employees very soon.
1234567 is offline  
Old 16th Mar 2012, 14:38
  #92 (permalink)  
Thread Starter
 
Join Date: Sep 2010
Location: Holywood
Age: 50
Posts: 179
Likes: 0
Received 0 Likes on 0 Posts
Maybe SMB ?
dog in park is offline  
Old 16th Mar 2012, 18:04
  #93 (permalink)  
 
Join Date: Apr 2003
Location: Harrow England
Posts: 41
Likes: 0
Received 0 Likes on 0 Posts
Consultation usually means consultation in respect of redundancies, I fear Baby's future is not filled with rosy cheeks. The same may apply to Regional where the only potential buyer doesn't seem to have the money and we all know what that means
san diego is offline  
Old 16th Mar 2012, 19:58
  #94 (permalink)  
 
Join Date: Apr 2004
Location: UK FIR
Posts: 256
Likes: 0
Received 0 Likes on 0 Posts
Not Stobart? Air Contractors/ASL would be the only other mob I could think of.

Consultation with staff? That doesn't sound good.
G-AWZK is offline  
Old 16th Mar 2012, 20:09
  #95 (permalink)  
 
Join Date: Sep 2008
Location: Blighty
Posts: 5,675
Likes: 0
Received 22 Likes on 17 Posts
Might be worth those working for bmi group having a read through TUPE (Transfer of Undertakings Protection of Employment) rules - which presumably would apply to Lufthansa selling bmi group to IAG / BA - there's plenty on Google

There's certainly an obligation on the outgoing employer (i.e. Lufty) under TUPE to consult with employees as part of the process
davidjohnson6 is offline  
Old 16th Mar 2012, 21:31
  #96 (permalink)  
 
Join Date: Jan 2002
Location: Wherever my current employers wish to send me !!
Posts: 718
Likes: 0
Received 0 Likes on 0 Posts
Spot on David. The word 'Consultation' has a double meaning.
I hope it is the positive, rather than negative.............
Little Blue is offline  
Old 16th Mar 2012, 22:31
  #97 (permalink)  
 
Join Date: Nov 2007
Location: Polymer Records
Posts: 597
Likes: 0
Received 0 Likes on 0 Posts
David, BMI pilots are not employment lawyers, so "reading TUPE" would be completely pointless.

Surely this is what we pay BALPA for?
Artie Fufkin is offline  
Old 17th Mar 2012, 05:16
  #98 (permalink)  
 
Join Date: Sep 2008
Location: Blighty
Posts: 5,675
Likes: 0
Received 22 Likes on 17 Posts
Artie - I'm not an employment lawyer either but I'm capable of doing a Google on TUPE and reading through what comes up. Maybe you understand only the basic themes rather than the more esoteric detail but better to know something than be ignorant. In any case if you are paying union dues then it's time for BALPA to show they are worth the money and come up with good information for all concerned quickly
davidjohnson6 is offline  
Old 17th Mar 2012, 21:51
  #99 (permalink)  
 
Join Date: Nov 2001
Location: London Whipsnade Wildlife Park
Posts: 5,039
Likes: 0
Received 0 Likes on 0 Posts
Grrr

Transfer of your current 'terms & conditions' to a new employer following a take over. Pensions are not covered.

The new employer might have better T's & C's which you can elect to transfer on to if you so wish.

Consultation means that employers must talk to staff about impending change. Nothing sinister, just the law.
Buster the Bear is offline  
Old 18th Mar 2012, 08:06
  #100 (permalink)  
 
Join Date: Jan 2012
Location: Uk
Age: 42
Posts: 473
Likes: 0
Received 0 Likes on 0 Posts
Buster the bear..... Spot on a consultation is exactly that. Communicating with employees. This may be in the form of changes to working practice, company structure, pensions, terms etc etc.... a company must consult existing employees because some may not want to transfer over to the new company. Roles can also be merged or created so really the scope is endless.

Consultation was mentioned by WPS to mainline so it's not exclusive to baby and is a normal part of the process, unsettling none the less.
bex88 is offline  


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.