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Flybe-9

Old 2nd Mar 2020, 07:42
  #3521 (permalink)  
 
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Letís hope we hear something positive this week , Lot of talk in the press how this tackling dammed virus is going to change the chancellors budget plans due to the massive sums involved in tackling this thing ....
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Old 2nd Mar 2020, 08:31
  #3522 (permalink)  
 
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Originally Posted by fernlee View Post
Letís hope we hear something positive this week , Lot of talk in the press how this tackling dammed virus is going to change the chancellors budget plans due to the massive sums involved in tackling this thing ....


Doubtless he will use this current panic and cost of fighting this threat to mankind as a reason not to abolish Pax duty
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Old 2nd Mar 2020, 08:42
  #3523 (permalink)  
 
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As a side note I feel it may just be worth a mention that VHF4 appears to have been the latest online incarnation of a very bitter and persistent person who believes they have some beef with the company. Many staff and crew will know of, or have heard in passing about this individual. They have long been a source of amusement but there does come a time when a line is crossed.
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Old 2nd Mar 2020, 09:04
  #3524 (permalink)  
 
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Originally Posted by Jenny Tails View Post
As a side note I feel it may just be worth a mention that VHF4 appears to have been the latest online incarnation of a very bitter and persistent person who believes they have some beef with the company. Many staff and crew will know of, or have heard in passing about this individual. They have long been a source of amusement but there does come a time when a line is crossed.

For gods sake Does it really matter what a disgruntled X employee
Writes on here itís not going to make a half pennies worth of difference to the outcome
What is going to make a big difference is this current virus itís okay for companies like easyJet who have massive cash reserves but for a company like ours which is staring into the abyss it could prove Devastating we need a cash injection now more so than ever and we need to be putting pressure on our MPs to obtain this rant over
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Old 2nd Mar 2020, 09:31
  #3525 (permalink)  
 
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'There is a nasty strain of virus trotting around the globe, wash your hands often, sanitise if you can, don't shake hands, but keep calm and carry on'
The most sensible piece of advice I've seen on Covid-19 to date. Shame the media, governments and the WHO won't heed it.
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Old 2nd Mar 2020, 10:08
  #3526 (permalink)  
 
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Originally Posted by fernlee View Post
For gods sake Does it really matter what a disgruntled X employee
Writes on here itís not going to make a half pennies worth of difference to the outcome
What is going to make a big difference is this current virus itís okay for companies like easyJet who have massive cash reserves but for a company like ours which is staring into the abyss it could prove Devastating we need a cash injection now more so than ever and we need to be putting pressure on our MPs to obtain this rant over
As I said. A side note. People are curious about this individuals peculiar behaviour.

On your second point I do not disagree with what you have said.
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Old 2nd Mar 2020, 10:46
  #3527 (permalink)  
 
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Originally Posted by Jenny Tails View Post
As I said. A side note. People are curious about this individuals peculiar behaviour.

On your second point I do not disagree with what you have said.


Im guessing maybe he is a ex employee who has a beef , However there are hell a lot of people in our industry who do feel flybe should not be given state aid , i think fllybe is actually a special case , but i can see other peopleís points of view who may feel differently .

If your a ex Thomas Cook person for example you might feel a little aggrieved nothing was done as it was in Germany to,save your job .
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Old 2nd Mar 2020, 13:37
  #3528 (permalink)  
 
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Fernlee - surely you mean putting pressure on your shareholders for a cash injection, not on MPs.
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Old 2nd Mar 2020, 14:38
  #3529 (permalink)  
 
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Originally Posted by fernlee View Post
Im guessing maybe he is a ex employee who has a beef , However there are hell a lot of people in our industry who do feel flybe should not be given state aid , i think fllybe is actually a special case , but i can see other peopleís points of view who may feel differently .

If your a ex Thomas Cook person for example you might feel a little aggrieved nothing was done as it was in Germany to,save your job .
The difference between Thomas Cook and Condor was that Condor was making money and just needed a bridging loan. Thomas Cook wasn't making money.
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Old 2nd Mar 2020, 14:41
  #3530 (permalink)  
 
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The difference between Thomas Cook and Condor was that Condor was making money and just needed a bridging loan. Thomas Cook wasn't making money.
Not true at least as far as the UK airline was concerned.

But the holiday company was trying to service the debt.
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Old 2nd Mar 2020, 16:29
  #3531 (permalink)  
 
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Originally Posted by ATNotts View Post
The most sensible piece of advice I've seen on Covid-19 to date. Shame the media, governments and the WHO won't heed it.
This is just phone-in level drivel, and nothing to do with Flybe.
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Old 2nd Mar 2020, 16:39
  #3532 (permalink)  
 
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Originally Posted by willy wombat View Post
Fernlee - surely you mean putting pressure on your shareholders for a cash injection, not on MPs.
Im rapidly losing confidence in the grown ups at board level , Iím hoping the government will see fit to take us into some kind of public ownership to ensure far flung corners of the UK continue to be served

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Old 2nd Mar 2020, 17:11
  #3533 (permalink)  
 
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Originally Posted by Whispering Giant View Post
Well looks like VHF4 has gone, or been banned. All of his or her posts have disappeared from this thread. About time too with all the drivel they were posting.

Looks like you spoke to soon , i see he is back but on the naughty step by the looks of it as he seems to be probation 😂
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Old 2nd Mar 2020, 17:11
  #3534 (permalink)  
 
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Thumbs up

Originally Posted by ajamieson View Post
This is just phone-in level drivel, and nothing to do with Flybe.
Like
Jeremy Vines Tel number 08000 288291

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Old 3rd Mar 2020, 09:19
  #3535 (permalink)  
 
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https://www.independent.ie/business/...-39008674.html


He is a awful man, He is doubtless hoping this virus damages our survival plan
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Old 3rd Mar 2020, 09:35
  #3536 (permalink)  
 
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Originally Posted by fernlee View Post
https://www.independent.ie/business/...-39008674.html


He is a awful man, He is doubtless hoping this virus damages our survival plan
It reads as if he gave an honest answer to a question he was asked, would Aer Lingus Regional be effected by the liquidation/administration of flyBe? Its not an unreasonable question or answer. IT seems that airline bookings have fallen off a cliff, as more and more companies suspend (non-essential) travel. Google in Dublin has ordered 8,000 workers to work from home today, for example. BA and Ryanair have cancelled flights and BA revised refund policies for new bookings (but not existing ones - presumably they would like to keep the cash in the business). Hopefully flyBe will be less effected as a predominantly domestic airline, but they are presumably much less resilient to any reduction in cashflow than the likes of IAG, Ryanair and easyJet groupings.
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Old 3rd Mar 2020, 10:04
  #3537 (permalink)  
 
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Originally Posted by fernlee View Post
we need a cash injection now more so than ever and we need to be putting pressure on our MPs to obtain this rant over
The problem is Flybe have always lived on cash injections and handouts. If I held 3 fingers up that's more years on that one hand than Flybe have made money as a stand alone airline in the last 15 years or so, this cannot continue. How many more handouts is it going to want before radical change happens? Something has to change and it has to change fast because even if the government gives them yet another handout how long before that money dries up and they come begging for more? It can't continue like that and as an employee I wouldn't be hoping for the best, I'd be hoping I'd land another job pretty sharpish.
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Old 3rd Mar 2020, 10:17
  #3538 (permalink)  
 
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I think HMG would be in a very difficult position regarding any taxpayers funding to support the airline in this thread - as it would, I think probably need to extend an offer to ALL UK airlines as ALL of them are seeing a rapid increase in no-shows and hesitancy on future bookings due to Covid-19.

No-one has a timeline on when the hysteria and panic will abate or when confidence will return to load factors - it's one thing maintaining schedules and slots, but if you are flying with 30% load factor, then you are onto a short term business plan with a limited lifeline - the fixed costs of the airline don't change, just the losses get bigger and irrecoverable.

If HMG does broadcast and go down the route of promoting 'Social Distancing' working from home if possible and avoiding unnecessary travel and forecasting this might be around till the summer then I think it would be foolish to think things will still be rose-tinted. At some point, common-sense needs to enacted by the management and the valuable staff communicated with for a 3-degree approach to a soft landing - rather than a double fan-stop and leaving the staff with no parachute!
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Old 3rd Mar 2020, 10:49
  #3539 (permalink)  
 
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Stobart Air

Moving away from all the negativity here for a moment. Could someone please explain how Stobart is safe if Flybe collapses.
i understand they are or at least where their own stand alone airline with AOC and head office in Dublin.
However when Flybe was bought over did Stobart not hand over the Airline as capital to gain their 30%? share
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Old 3rd Mar 2020, 11:12
  #3540 (permalink)  
 
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Originally Posted by BHD2BFS View Post
Moving away from all the negativity here for a moment. Could someone please explain how Stobart is safe if Flybe collapses.
i understand they are or at least where their own stand alone airline with AOC and head office in Dublin.
However when Flybe was bought over did Stobart not hand over the Airline as capital to gain their 30%? share
I would imagine that as Flybe was purchased for next to nothing all that would be lost is the working capital injected. Connect would be kept separate and in no way would their assets be at risk by Flybe collapsing. However, Stobart presumably would be liable in some way to its partners for its share of the losses made in the venture.
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