Ryanair-10
Originally Posted by Noxegon
I think they refuel at KEF en route.
That's got to be close to the limit of what a 738 can do.
Depends on the load factor. They routinely fly BFI-DUB on delivery flights from Seattle.
Depends on the load factor. They routinely fly BFI-DUB on delivery flights from Seattle.
Private charter repat flight: https://simpleflying.com/ryanair-boeing-737-liberia/
Ryanair has said it is set to cut 3,000 jobs - 15% of its workforce - as it restructures to cope with the coronavirus pandemic.It said the 3,000 posts under threat were mainly pilot and cabin crew jobs. There were likely to be pay cuts of up to 20% for remaining staff, the airline added. Boss Michael O'Leary told the BBC that the planned cuts were "the minimum that we need just to survive the next 12 months".
In a sideswipe at rivals, it said its return to scheduled services would be rendered more difficult by competing with flag carrier airlines, "who will be financing below cost selling with the benefit of over €30bn in unlawful state aid, in breach of both EU state aid and competition rules".
Ryanair said it had entered the coronavirus crisis with reserves of almost €4bn in cash and continued to "actively manage" those resources in order to survive the pandemic.
Ryanair said it had entered the coronavirus crisis with reserves of almost €4bn in cash and continued to "actively manage" those resources in order to survive the pandemic.
BBC - Ryanair set to cut up to 3,000 jobs to survive virus
Also from BBC......Ryanair boss Michael O'Leary has said it will take up to six months to refund passengers for flights cancelled because of the coronavirus pandemic.
He told the BBC the airline was struggling to process a backlog of 25 million refunds with reduced staff.
However, he pledged: "If you want a cash refund, you will receive a cash refund."
He told the BBC the airline was struggling to process a backlog of 25 million refunds with reduced staff.
However, he pledged: "If you want a cash refund, you will receive a cash refund."
Refunding back to the original card is just an IT matter. They have all the data and technical resources to do it. One looks (probably in vain) for the Dept of Transport to lift one of their many available fingers to do the slightest thing about this for UK passengers (I see the UK Competition & Markets Authority feel they have had to get going with the media on this, given the DfT's complete inaction).
I must look up my Bankruptcy Law, but if a company does not have the cash to refund people their advance payments for services then not provided, they look like they may be trading when insolvent. It's all very nice to have advance payments in the bank, but they shouldn't then be used for prior operational expenditure. That's a Ponzi Scheme.
I must look up my Bankruptcy Law, but if a company does not have the cash to refund people their advance payments for services then not provided, they look like they may be trading when insolvent. It's all very nice to have advance payments in the bank, but they shouldn't then be used for prior operational expenditure. That's a Ponzi Scheme.
Refunding back to the original card is just an IT matter. They have all the data and technical resources to do it. One looks (probably in vain) for the Dept of Transport to lift one of their many available fingers to do the slightest thing about this for UK passengers (I see the UK Competition & Markets Authority feel they have had to get going with the media on this, given the DfT's complete inaction).
I must look up my Bankruptcy Law, but if a company does not have the cash to refund people their advance payments for services then not provided, they look like they may be trading when insolvent. It's all very nice to have advance payments in the bank, but they shouldn't then be used for prior operational expenditure. That's a Ponzi Scheme.
I must look up my Bankruptcy Law, but if a company does not have the cash to refund people their advance payments for services then not provided, they look like they may be trading when insolvent. It's all very nice to have advance payments in the bank, but they shouldn't then be used for prior operational expenditure. That's a Ponzi Scheme.
BOH, for instance is a one plane base but I gather it is year-round so they may not take a hit. (BOH is my local)
He also said ''and IF we survive this...''
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I would think that there may be consolidation of the Glasgow and Prestwick operations into one. But which way I wouldn't like to guess, GLA is more convenient for passengers, but PIK has the large maintenance base and makes rotating aircraft in and out easier.
you have identified the issue....”advance payments” are a future, “services then not provided” are a default.
Airlines and tour operators use liquidity provided by cash from future bookings to finance the day to day operation.
Banks and insurance companies do the same with deposits and premiums.
Airlines and tour operators use liquidity provided by cash from future bookings to finance the day to day operation.
Banks and insurance companies do the same with deposits and premiums.
MOL said 3000 or so RYR Crews (FD and CC) could be made redundant plus he was looking to close smaller UK and European bases hinting these would be summer only/seasonable bases. As the summer season was not going operate in any number then the winter season will be upon us hence the need to close them.
BOH, for instance is a one plane base but I gather it is year-round so they may not take a hit. (BOH is my local)
He also said ''and IF we survive this...''
BOH, for instance is a one plane base but I gather it is year-round so they may not take a hit. (BOH is my local)
He also said ''and IF we survive this...''
When John Lewis indicates many stores will not reopen, Debenhams is pretty much gone, numerous others will go as well and retail shopping is dead aside from food. To Quote next boss "Nobody wants to spend £100 on an outfit to sit at home.".
Nightingale hospital was built with much fanfare but they could have taken 3 months as it is planned for next winter.
In the event of a second wave which is expected then this and others are prepped. The impact on the economy will be to pretty much destroy it completely and if winter has a second wave then people will talk themselves into a 3rd wave in 2021, even if it doesn't arrive.
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Just a query Racedo - I've read many of your posts. You never ever ever seem to look for a positive outcome or positive thinking on anything! You've either been reading the Daily Mail for way too long or else you are a naturally pessimistic person that takes delight in wallowing in self pity and worst case scenarios. I'm all for being realistic and facing facts but having an outlook like yours on a permanent basis can't be good for your mental health! Theres no doubt the current place we all find ourselves isn't good but it will get better. Just as previous disasters and financial problems passed through - this will as well. It isn't the end of civilisation just yet.
Just a query Racedo - I've read many of your posts. You never ever ever seem to look for a positive outcome or positive thinking on anything! You've either been reading the Daily Mail for way too long or else you are a naturally pessimistic person that takes delight in wallowing in self pity and worst case scenarios. I'm all for being realistic and facing facts but having an outlook like yours on a permanent basis can't be good for your mental health! Theres no doubt the current place we all find ourselves isn't good but it will get better. Just as previous disasters and financial problems passed through - this will as well. It isn't the end of civilisation just yet.
Stating the facts that retail has collapsed and will stay there is pretty much in most business pages of any media these days. UK is a consumer led economy where retail is a major part. Losing that means losing a substantial amount of jobs and a substantial amount of people who fly for leisure.
You also have a change with people getting used to not shopping, even ending lockdown, the hospitality sector will not open until end of summer. The girl spending £100 at Next for a saturday night out, is also the girl who will discuss with her mates at the pub / club the weekend away in October in some part of Europe. Remove one part of it and you impact every subsequent event......... you may not see it but those who do the insight marketing do.
Many of my leisure trips have started because someone made a suggestion in the pub, restaurant, club. Others may be different but number of people I know who came back in Monday over the years who started looking at a trip from a suggesion over the weekend is substantial because someone said something.
The additional hospitals were a good PR exercise when it was needed but were PR. They were never for this part of the crisis at this time. They just proved the ability to do it.
The Airline industry be in Ryanair / IAG / U2 and others are at a point where they may be gone next year. Many people have gone into self isolation and exclusion of all, removing lockdown will not remove the fear, a second winter wave will have people expecting a 3rd one and nobody will be booking anything, "just in case", as insurers will not be covering.
Everybody will have different opinion how this ends up but like always it is good to see others opinions rather than kicking someone because they put theirs down.
MOL is out there for being one of those people who will call the industry view before others. Airline bosses do speak to each other and internal lawyers will always know what was discussed. but what he said is not any different from what every other airline boss is saying.
The girl spending £100 at Next for a saturday night out, is also the girl who will discuss with her mates at the pub / club the weekend away in October in some part of Europe
There is the "we need a holiday after all this" factor as well. Also, being reported that last month saw the largest reduction in credit card debt for years - if your not spending £100 in Next for a Saturday night...
The night is darkest before the dawn.
During the flu pandemic of 1918-19 which was far more severe than Covid, life carried on. Presidents and prime ministers around the world are talking now about how to exit lockdown, and after the initial shock, people under about 60 are beginning to decide they can maybe take a few more risks.
To those working as cabin crew in Ryanair and facing redundancy - look at this as a time to learn something new and fulfilling and finding a better job; there's more to life than flogging overpriced cappuccinos to enrich somebody else.
Chin up, and commercial aviation will get through this and bounce back
During the flu pandemic of 1918-19 which was far more severe than Covid, life carried on. Presidents and prime ministers around the world are talking now about how to exit lockdown, and after the initial shock, people under about 60 are beginning to decide they can maybe take a few more risks.
To those working as cabin crew in Ryanair and facing redundancy - look at this as a time to learn something new and fulfilling and finding a better job; there's more to life than flogging overpriced cappuccinos to enrich somebody else.
Chin up, and commercial aviation will get through this and bounce back
Just because the pubs are shut, that hasn't stopped converstations. Zoom isn't only being used to do away with the need for business travel
There is the "we need a holiday after all this" factor as well. Also, being reported that last month saw the largest reduction in credit card debt for years - if your not spending £100 in Next for a Saturday night...
There is the "we need a holiday after all this" factor as well. Also, being reported that last month saw the largest reduction in credit card debt for years - if your not spending £100 in Next for a Saturday night...
The stopping spending if this lasts to June will potentially continue as people will finally get a chance to get out of debt or in many cases will look to change jobs. There will be a gret reset in how people do things and travel will be one of the casualties along with retail.