bmiBaby threads (merged)
Join Date: Mar 2008
Location: Newcastle NI
Posts: 824
We start the new thread with a polite good morning and what do we get? , called idiots and a side swipe at the MODs!!!
I think the Mods called it right in closing the last thread, when you get someone using bmi groups published accounts, which are i might global for the group not the individual units and then dividing the numbers by the number of aircraft in what are three very different business models and then passing the resultant numbers off as representing bmibaby trading figures!! FFS
Anyway enough of the past lets move on.
I think the Mods called it right in closing the last thread, when you get someone using bmi groups published accounts, which are i might global for the group not the individual units and then dividing the numbers by the number of aircraft in what are three very different business models and then passing the resultant numbers off as representing bmibaby trading figures!! FFS
Anyway enough of the past lets move on.
Join Date: Jan 2012
Location: England
Posts: 27
I think the Mods called it right in closing the last thread, when you get someone using bmi groups published accounts, which are i might global for the group not the individual units and then dividing the numbers by the number of aircraft in what are three very different business models and then passing the resultant numbers off as representing bmibaby trading figures!! FFS
They are on a need to know basis and you don't need to know
Join Date: Mar 2008
Location: Newcastle NI
Posts: 824
Montezuma
Well that's very logical?
So you either know the figures but post something else, whats the point in that? why post anything at all?
Any way whatever the figures are I'm sure any prospective buyer will have full access to the management accounts, for all its fault bmi is not a tin pot business without books.
So you either know the figures but post something else, whats the point in that? why post anything at all?
Any way whatever the figures are I'm sure any prospective buyer will have full access to the management accounts, for all its fault bmi is not a tin pot business without books.
Recidivist
Join Date: Jun 2005
Location: Essex, UK
Posts: 1,239
Join Date: Jan 2000
Location: UK
Posts: 1,252
Unless Stobart are suddenly going to a) acquire more airports or b) swamp Carlisle with enough capacity to take every man, woman and child in the area to Spain at least four times a year, then I can see easyJet being hugely uncomfortable with this move. You make a show of commitment to Stobart at Southend and then they bring their "own" airline in alongside you? Surely not.
Join Date: Jul 2009
Location: Regrettably far from 50°N
Posts: 877
Given that Easyjet has such a tiny presence in the Midlands, and they wouldn't bother pitting bmibaby against Easyjet at Southend because they would be subsidising both airlines, I suspect any such move would not be founded on the idea of both airlines competing in any way. They may want bmibaby for Carlisle - I doubt that Easyjet has any interest in that airport unless there are significant subsidies (ie. more than Southend - at least SEN has decent catchment and a direct trainline to Liverpool Street), which would probably make such an operation unviable for Stobart anyway.
Join Date: Jul 2006
Location: UK
Age: 72
Posts: 2,478
I tend to agree with airferries on this one.
For Stobart to show any interest there would surely have to be a very large cash 'sweetener' from LH as part of the deal. Even then it would still be a very high risk acquisition going forward.
For Stobart to show any interest there would surely have to be a very large cash 'sweetener' from LH as part of the deal. Even then it would still be a very high risk acquisition going forward.
Join Date: Aug 2002
Location: USA
Age: 63
Posts: 2,178
This appears to be dragging on....could it be that any company, having had a look in depth at the opportunities available via Baby ,has decided that they would need SUCH a sweetener that it isn't worth their while?
