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Flybe-9

Old 17th Oct 2018, 17:22
  #541 (permalink)  
 
Join Date: May 2000
Posts: 349
Are there many employees that bought shares at the opening of 300p +.

Time to bounce COW out of the door. It’s not working.
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Old 17th Oct 2018, 17:43
  #542 (permalink)  
 
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41% drop today down to 18.88 pence per share at the close - that's gonna hurt.....ouch!

Will be interesting to see if she steers the ship to port of refuge to ride out the storm (ie batten down the hatches, choose the top 10 routes) park everything else up and ride out the Brexit storm or continue thinking it will get better and continue with marginal yield on a load factor that will decrease as nerves in the market increases....

There will definitely be a knock at the door at some point....

Best of luck everyone....

Last edited by Jetscream 32; 17th Oct 2018 at 19:31. Reason: On the Gin too early... :)
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Old 17th Oct 2018, 18:03
  #543 (permalink)  
 
Join Date: Sep 2005
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Originally Posted by Jetscream 32 View Post
41% drop today down to £18.88 at the close - that's gonna hurt.....ouch!

Will be interesting to see if she steers the ship to port of refuge to ride out the storm (ie batten down the hatches, choose the top 10 routes) park everything else up and ride out the Brexit storm or continue thinking it will get better and continue with marginal yield on a load factor that will decrease as nerves in the market increases....

There will definitely be a knock at the door at some point....

Best of luck everyone....
Should be pence, not pounds !!!!
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Old 17th Oct 2018, 18:38
  #544 (permalink)  
 
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You probably should look at the Chairman that made the last few appointments....serious lack of judgement especially given COW's mismanagement of Cityjet previously
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Old 17th Oct 2018, 19:32
  #545 (permalink)  
 
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Originally Posted by lfc84 View Post
Should be pence, not pounds !!!!
oops that will be the Gin then..... apologies
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Old 17th Oct 2018, 19:47
  #546 (permalink)  
 
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I wish it was £18, I’d be kissing a COW’s ass
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Old 17th Oct 2018, 22:11
  #547 (permalink)  
 
Join Date: Mar 2004
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That was a mental image none of us needed....
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Old 17th Oct 2018, 22:29
  #548 (permalink)  
 
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Seriously, surely the fundamental problem with Flybe, and other airlines operating in the same sector of the market anywhere, is that any route which grows to the point of real profitability will be poached by a LoCo. Flybe may be necessary to the traveling public, but will never do better than break even.
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Old 17th Oct 2018, 23:11
  #549 (permalink)  
 
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There is no doubt it is difficult to get a strong return on domestic services when you consider the sheer level of taxes levied. After costs are considered and the taxes there is such a narrow margin on air travel. The trains are going after the same business and they are not taxed remotely in this way.

It is also a bit of an old chestnut to suggest the deal on the embraers is the issue... still... at this stage. They are already disposing of them. Can somebody also tell me how brexit is to blame for the state of affairs, nobody yet knows the full impact of brexit yet. Are there indicators that companies profits are down at this point, am I not correct in saying rusty there are currently positive financial indicators in the UK economy? Time to go down an acmi route, cut the HQ overheads and steal a march on outs like Cityjet and get in there, and bring their best or top 15 routes as bargaining power, just like WX did with EI on LCY route...supporting the network carriers and removing a world of pain for them...

Just my opinions above...
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Old 17th Oct 2018, 23:31
  #550 (permalink)  
 
Join Date: Jun 2003
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Brexit

Brexit isn’t directly to blame although as many airlines pay for fuel and parts (and in some cases maintainance costs, leases, etc) in US dollars, Stirling’s fall in value since the referendum has undoubtedly added a significant amount to outgoings.

Various speculation about flight disruption come March 29th is almost certain to have impacted on forward bookings too I’d guess.
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Old 18th Oct 2018, 00:06
  #551 (permalink)  
 
Join Date: Feb 2018
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Originally Posted by EI-BUD View Post
Time to go down an acmi route, cut the HQ overheads and steal a march on outs like Cityjet and get in there, and bring their best or top 15 routes as bargaining power, just like WX did with EI on LCY route...supporting the network carriers and removing a world of pain for them...

Just my opinions above...
Yeah but who for? I can't see Easyjet being interested or even BA?
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Old 18th Oct 2018, 08:13
  #552 (permalink)  
 
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Originally Posted by PDXCWL45 View Post
Yeah but who for? I can't see Easyjet being interested or even BA?
good question PDXCWL45,
if you compare with the US this side of the Atlantic is untapped by comparison. They need to prospect with big carriers just as Cityjet have, who expected Cityjet to sign up SAS, Brussels Airlines, KLM, Aer Lingus, Air France etc. I don't see any opportunity with easyJet or locos.

Focus on the network carriers ... Flybe have plenty of advantages over other airlines to compete in this space.
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Old 18th Oct 2018, 08:40
  #553 (permalink)  
 
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Originally Posted by EI-BUD View Post
good question PDXCWL45,
if you compare with the US this side of the Atlantic is untapped by comparison. They need to prospect with big carriers just as Cityjet have, who expected Cityjet to sign up SAS, Brussels Airlines, KLM, Aer Lingus, Air France etc. I don't see any opportunity with easyJet or locos.

Focus on the network carriers ... Flybe have plenty of advantages over other airlines to compete in this space.
I totally agree. Connectivity is the key. The other problem is that the general travelling public expecting to travel to Europe for £9.99. I've predicted for a long time the locos model is not sustainable. RYR and EZY cracks are starting to show as well. The travelling public need to realise that to travel say from Gatwick to Glasgow is going to cost you £200 return as the pilots, cabin staff, ATC, ground staff, etc etc all need to be paid and cannot do it for nothing anymore.
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Old 18th Oct 2018, 08:44
  #554 (permalink)  
 
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anyway must go I've got to book a ticket to Australia return for £9.99. Ah hang on other airline said they'd do it for £6.99
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Old 18th Oct 2018, 08:53
  #555 (permalink)  
 
Join Date: Dec 2014
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Flybe shares falling again this morning, down 5% already
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Old 18th Oct 2018, 09:28
  #556 (permalink)  
 
Join Date: Nov 2001
Location: 1000ft above you, giving you the bird!
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The Cobalt news will have spooked institutional investors for sure and if another airline goes..... then it will be board room busy time....

She needs to do an urgent hatchet job that whilst unfortunate for all involved is the only way to survive... current fleet, bases, route network, avg yield per passenger, load factor, hedging position and market uncertainties require a steady hand on the tiller that knows how to win a war!

Fluffy words about recovering are fine until its too late - actions speaks louder than words..
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Old 18th Oct 2018, 10:34
  #557 (permalink)  
 
Join Date: May 2018
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Stobart franchise appears to continue after March 19

A new Stobart operated route from southend to newquay has been announced today.

The following website (which is typically reliable) suggests that a number of routes will be continued after March 19:
Latest flight alerts sent by us
It should be only a matter of time that these appear in the booking engine.

We should expect a formal announcement soon.
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Old 18th Oct 2018, 11:17
  #558 (permalink)  
 
Join Date: Jan 2008
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Originally Posted by limited_sight View Post
A new Stobart operated route from southend to newquay has been announced today.

The following website (which is typically reliable) suggests that a number of routes will be continued after March 19:
Latest flight alerts sent by us
It should be only a matter of time that these appear in the booking engine.

We should expect a formal announcement soon.
Plus Aberdeen and Jersey.....new routes for Flybe/StobartAir
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Old 18th Oct 2018, 11:57
  #559 (permalink)  
 
Join Date: May 2018
Location: DK
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Originally Posted by tophat27dt View Post
Plus Aberdeen and Jersey.....new routes for Flybe/StobartAir
The website does not distinguish between direct flights and connections.
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Old 18th Oct 2018, 12:35
  #560 (permalink)  
 
Join Date: Jul 2006
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Originally Posted by limited_sight View Post
A new Stobart operated route from southend to newquay has been announced today.

The following website (which is typically reliable) suggests that a number of routes will be continued after March 19:
Latest flight alerts sent by us
It should be only a matter of time that these appear in the booking engine.

We should expect a formal announcement soon.
All rather tenuous at the moment apart from NQY-SEN which has been announced by Newquay Airport. This could well be Flybe mainline and I've seen nothing which confirms MAN will continue from SEN nor ABZ and JER as new direct routes.
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