Southend-2
The Stobart Group half-year results published today state that the Flybe franchise is being ended with the jet ops ceasing before the end of March 2019 and the ATR ops ceasing before the end of February 2020. I cannot see any mention of CAX let alone the proposed SEN route to be operated by Loganair.
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The Stobart Group half-year results published today state that the Flybe franchise is being ended with the jet ops ceasing before the end of March 2019 and the ATR ops ceasing before the end of February 2020. I cannot see any mention of CAX let alone the proposed SEN route to be operated by Loganair.
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Stobart Group loses £17.5m in the first half of the year.
Stobart Air itself loses £2.7m in the first half of the year.
Blames Flybe franchise.
Re general comments concerning RYR ops above & previously,it defies any commercial logic that RYR require a market to be worked up for them they would be in a sorry state indeed if Stobart were employed or used as a trailblazer.
Other factors in play with RYR/SEN & Stobart appear the more likely.
More heavy overall expenditure yet for Stobart as the SEN R/W upgrade to enable the RYR ops has yet to commence.
RYR will insist on priority with EVERYTHING when ops commence so perhaps if less a/c working out of SEN will be a bonus & less of a headache for Stobart ops.
Legal aftermath of boardroom tussles with certain personalities within Stobart Group continues.
Stobart Air itself loses £2.7m in the first half of the year.
Blames Flybe franchise.
Re general comments concerning RYR ops above & previously,it defies any commercial logic that RYR require a market to be worked up for them they would be in a sorry state indeed if Stobart were employed or used as a trailblazer.
Other factors in play with RYR/SEN & Stobart appear the more likely.
More heavy overall expenditure yet for Stobart as the SEN R/W upgrade to enable the RYR ops has yet to commence.
RYR will insist on priority with EVERYTHING when ops commence so perhaps if less a/c working out of SEN will be a bonus & less of a headache for Stobart ops.
Legal aftermath of boardroom tussles with certain personalities within Stobart Group continues.
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I do not expect the ATR routes to be dumped. They are to be continued for another year (until Feb 2020) under the flybe franchise and then it is unclear. The commercial and operational performance does not seem to be so bad to dump them. Possibly Stobart is looking for a commercial agreement with another airline from spring 2020. But I am sure they will also continue to talk to flybe.
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Flybe franchise at SEN
Essentially the Flybe routes from SEN are of course actually Stobart Air routes using the Flybe brand name / booking engine as part of the franchise. So with that in mind, surely the quoted losses are not down to the flybe franchise but with the Stobart Air routes and operation ex-SEN. I know that's basically what it says, but has been worded well enough to make the blame look like Flybe... Or perhaps they are blaming the IOM operation for the majority of the losses instead?
That aside, this very operation clearly seems to have done its job in attracting new routes and carriers into SEN. Something they probably wouldn't have been able to have done so well on under their own name and i can't realistically think of any other airline than Flybe which would have been a better fit for it.
That aside, this very operation clearly seems to have done its job in attracting new routes and carriers into SEN. Something they probably wouldn't have been able to have done so well on under their own name and i can't realistically think of any other airline than Flybe which would have been a better fit for it.
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All I can say Cazza it is a very expensive and damaging way of trying to attract new airlines to Southend. I cannot imagine Stobart making much profit from Ryanair in its first year of operation. They drive a very hard bargain as we all know. Not a good day for all concerned.
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It is unrealistic to suggest the Stobart Air operation "has done it`s job" & attracted new routes & carriers into SEN.
As usual the statement is "smoke & mirrors" which no one comprehends but at least the shareholders are happy with as previously an increased dividend keeping them sweet.
Outsiders require to read between the lines if they can be bother.
Ryanair will be the cuckoo in the little SEN nest & will insist on priority with every aspect of airfield ops too.
When is the R/W upgrade due to commence?.
As usual the statement is "smoke & mirrors" which no one comprehends but at least the shareholders are happy with as previously an increased dividend keeping them sweet.
Outsiders require to read between the lines if they can be bother.
Ryanair will be the cuckoo in the little SEN nest & will insist on priority with every aspect of airfield ops too.
When is the R/W upgrade due to commence?.
It is unrealistic to suggest the Stobart Air operation "has done it`s job" & attracted new routes & carriers into SEN.
It definitely was Stobart's intention to demonstrate to larger carriers that SEN could support untried routes with a view to passing these on to such carriers. You have only to look at the routes which EZY and RYR have taken on in this way. Is it suggested that they would have done so without the Stobart initiative? Rather a coincidence n'est-ce pas? Whether the investment that was needed to achieve their aims was justified only time will tell but it certainly cannot be dismissed at this stage.
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JET OPERATIONS
Was it not said a while ago (was it in the Irish Times?) that Stobart planned to withdraw two E195 aircraft from SEN? That leaves one so what will be happening with that one, I wonder?
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I do not expect the ATR routes to be dumped. They are to be continued for another year (until Feb 2020) under the flybe franchise and then it is unclear. The commercial and operational performance does not seem to be so bad to dump them. Possibly Stobart is looking for a commercial agreement with another airline from spring 2020. But I am sure they will also continue to talk to flybe.
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Risky to announce to the world that Stobart Air will cease all routes from SEN [by 2020]. That is basically exactly what Ryanair is trying to achieve with their SEN ‘base’. Why should Ryanair even follow through with the opening of the actual base (!) or if they do it will last a matter of months before consolidating at STN... with a better deal.
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Risky to announce to the world that Stobart Air will cease all routes from SEN [by 2020]. That is basically exactly what Ryanair is trying to achieve with their SEN ‘base’. Why should Ryanair even follow through with the opening of the actual base (!) or if they do it will last a matter of months before consolidating at STN... with a better deal.
I agree that FR would not hesitate to walk away from SEN if they saw a better opportunity, but that's something everyone involved surely understands.
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Interesting too is it not that even six months from the commencement of RYR ops a defensive aura is already appearing.
The post yesterday regarding perhaps a RYR motive toward Stobart Air/STK may or not be with foundation but to many for sure it would have been considered as viable reasoning when the RYR announcement was first made.
Disclaimer....Other options are available.
Ask again...When is the R/W upgrade due to commence to enable RYR ops & estimated cost to the Stobart Group?.
The post yesterday regarding perhaps a RYR motive toward Stobart Air/STK may or not be with foundation but to many for sure it would have been considered as viable reasoning when the RYR announcement was first made.
Disclaimer....Other options are available.
Ask again...When is the R/W upgrade due to commence to enable RYR ops & estimated cost to the Stobart Group?.
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It was none too clear...posted yesterday,
"a case to scale up a bit further with another ATR or two,for example the Derry PSO will come up for grabs".
Surely not suggesting the Derry PSO could be flown into SEN?.
That would contradict the reasoning for the Derry service & STN it will be...
STN...With the most Continental connections in Europe bar one.
STN...With the busiest coach station in UK bar Victoria.
STN...Fastest access to Cambridge.
Just speculation of course but it would be the height of comedic quirkiness if a Flybe branded ATR but operated by Stobart Air would be processed at STN by Stobart Handling.
"a case to scale up a bit further with another ATR or two,for example the Derry PSO will come up for grabs".
Surely not suggesting the Derry PSO could be flown into SEN?.
That would contradict the reasoning for the Derry service & STN it will be...
STN...With the most Continental connections in Europe bar one.
STN...With the busiest coach station in UK bar Victoria.
STN...Fastest access to Cambridge.
Just speculation of course but it would be the height of comedic quirkiness if a Flybe branded ATR but operated by Stobart Air would be processed at STN by Stobart Handling.
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Well Stobart bid last time around so yes I am. But fundamentally my point was to highlight the types of opportunities out there rather than anything concrete and my language didn’t suggest otherwise.
Really? I understood the PSO to be to London with no specific entry point specified.
Straight out of the STN marketing brochure. All fantastic, but I wasn’t aware either of those were stipulations of the PSO, and as far as I’m aware connections aren’t offered on the existing service anyway. For access to London, STN has no particular benefit over SEN but that arguments been flogged to death.