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Flybe-9

Old 20th Nov 2018, 10:26
  #981 (permalink)  
 
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Originally Posted by cornishsimon View Post
BA would be getting a maintenance facility for the E jets and the ability to bring that work in house rather than outsource it which would save a small fortune.
In what way would it save a small fortune ? - most airlines are beginning to outsource their maintenance meaning the bean counters have done their sums and concluded that it's cheaper that way. Why bother with all the facilities management overheads, labour cost, training cost etc...
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Old 20th Nov 2018, 10:39
  #982 (permalink)  
 
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I still don't get the obsession why it will/must be an airline that buys out Flybe? As many posters have clearly pointed out, what would be there point? In particularly the ones continually being mentioned;
easyJet, IAG etc. If they wanted to operate such routes and services they already could. Again what would Cityflyer gain from such a move? What Flybe really need is an investor in keeping the operation and brand name going, whilst having the guts to turning it around into a low cost carrier and ridding it of its legacy ways and overheads.
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Old 20th Nov 2018, 12:42
  #983 (permalink)  

I Have Control
 
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Mike Ashley might be interested........
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Old 20th Nov 2018, 14:38
  #984 (permalink)  
 
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Just curious. But where has this latest rumor regarding CityFlyer and flybe actually come from ? Is it just something picked up from here or is there any substance to it ?


cs
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Old 20th Nov 2018, 14:59
  #985 (permalink)  
 
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Originally Posted by cornishsimon View Post
Just curious. But where has this latest rumor regarding CityFlyer and flybe actually come from ? Is it just something picked up from here or is there any substance to it ?


cs
I suspect someone has an over active imagination, but the aviation world is a weird place!
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Old 20th Nov 2018, 15:14
  #986 (permalink)  
Tabs please !
 
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Meanwhile over at a well run airline, the CEO states publicly that Brexit has not made any difference to his business. Profits are up 15.6%. I wonder what COW knows that he doesn't ?

https://www.telegraph.co.uk/business...demise-rivals/
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Old 20th Nov 2018, 15:37
  #987 (permalink)  
 
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Meanwhile over at a well run airline, the CEO states publicly that Brexit has not made any difference to his business. Profits are up 15.6%. I wonder what COW knows that he doesn't ?
Meanwhile, over at a well run airline which is far less exposed to the UK market and has decided to re-register half their fleet in Austria...
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Old 20th Nov 2018, 15:50
  #988 (permalink)  
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from The Telegraph article:
Mr Lundgren, who took over as easyJet chief executive a year ago, said Brexit had led to "no drop in demand" in bookings next year.
Heh, Heh. Just wait and see. Close friends of mine have long been planning a big family get together in Italy next year. All on hold due to uncertainty. The closer we get, the more bookings will drop off.
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Old 20th Nov 2018, 16:32
  #989 (permalink)  
 
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Why on hold? Do you expect the price to fall?
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Old 20th Nov 2018, 16:52
  #990 (permalink)  
 
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The world is going to end in March, keep up DC3 Dave. No travel, no food , pestilence and famine, doomed I tell ya, doomed.
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Old 20th Nov 2018, 18:07
  #991 (permalink)  
 
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The CFO said on BBC Spotlight the other night they where looking at investors/partnerships from the rail or road industry too... Maybe First Group, the brand colours would match?

Only kidding.

Personally I can't see any airline wanting to buy out Flybe, why bother when they could wait for it to go bankrupt and cherry pick staff, assets, routes etc without covering the debt and pension liabilities. If anyone is wild enough to its likely to be Stobart Air. I think its more likely the business will go in some way, but the training/aviation services part will probably be picked up by someone. I could easily see Exeter College taking over the training academy keeping the current courses but moving some from other buildings, maybe expanding into new courses too?

The Hangar facilities will either get sold off or if Flybe did go bankrupt, it may be the only salvageable bit of the business, lots of potential for more private jet, corporate 3rd party work. The airline side of the business however, unless some kind of miracle happens I just cannot see it surviving unless the current shareholders pump more money.
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Old 20th Nov 2018, 19:51
  #992 (permalink)  
 
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BA would be going backwards if they bought flybe. Remember much of today’s flybe is the remains of the loss making BA CONNECT operation which was the succesor BA CitiExpress which followed the mess that was British Regional Airlines and the merger with Brymon which fused loss making BA mainline regional with their former franchise partners. None of this made money, ever in the case of mainline or since the 90s in the case of BRT and BRY.

The raison d’etre for BA Cityflyer is to connect high yield LONDON City to Europe, BA cannot make money outside of the London market, never could. Hence there is no sane reason for IAG to buy back their former loss making regional routes which remain loss making and don’t feed mainline.

Last edited by Skipness One Foxtrot; 20th Nov 2018 at 22:29.
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Old 20th Nov 2018, 19:58
  #993 (permalink)  
 
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Originally Posted by tophat27dt View Post
I suspect someone has an over active imagination, but the aviation world is a weird place!
It's called a ''wet dream'' remember them :-)

Over enthusiastic young aviation nutters have them on a nightly basis!
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Old 20th Nov 2018, 20:04
  #994 (permalink)  
 
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There’s nowhere near enough, if any, ROI for a major corporate with significant organic growth plans. Just can’t see how this could be presented and justified to investors.

More chance on Dragon’s Den.
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Old 20th Nov 2018, 20:44
  #995 (permalink)  
 
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Response from BE on their Facebook page when asked by a punter if forward bookings would be honoured!

"Please be assured that all flights will be operating as usual. Things at Flybe are going well. The strategy we have for growth is already delivering. Our costs are reducing and our unit revenue is up. We see this as positive news, but we want to consider all possible options"
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Old 20th Nov 2018, 20:54
  #996 (permalink)  
 
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I suppose they can't say anything else, but I really do wonder if they genuinely believe their strategy is working. It clearly isn't. And selling a bucketload of tickets in advance at well below-average yields for this winter may have helped cash but it will not help the losses in any way.
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Old 20th Nov 2018, 21:06
  #997 (permalink)  
 
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Dark clouds ahead for Flybe

https://www.socialist.net/dark-cloud...-for-flybe.htm

The uncertainty about Flybe's fate affects a lot of people. It also places a question mark next to certain essential routes. Flybe has been providing crucial links to and from the islands. For example, the Isle of Man government is heavily dependent on the daily flights to Liverpool for patients.

Incidentally, just a few months ago the flight and cabin crew of Stobart Air in the Isle of Man, who have been providing this service so far as a subcontractor to Flybe, were effectively told they would be out of a job soon as Flybe will take this route back in-house next March. What will happen to these crucial medical transfers if Flybe folds?

At the time of Monarch's collapse, people were speculating that the airline was going to be bought for airport slots. Instead, competitor airlines let it fail by itself, and then bought what they wanted from the administrators without the associated headache of a needless acquisition.

With KPMG now going in, as they did with Monarch, history may well repeat itself - although it can't be excluded that the Stobart Group may take a gamble and buy Flybe outright.

The most likely scenario, however, remains Flybe being carved up and the vultures picking the premium slots on core profitable routes. In other words: asset stripping.

This is meant to be a ‘Golden Age’ for the aviation industry. Indeed, for flight crew at least, these last years have seen a small relative upswing compared to the days of the 2008 crash.

The tide, however, has started to turn. The writing is now truly on the wall. Monarch went bust last year, as did Primera Air a few months ago. The feeling amongst insiders is that “we are due a big one”.

Dark clouds are gathering on the horizon - and Flybe may well end up in them.
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Old 20th Nov 2018, 21:17
  #998 (permalink)  
 
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Cannot see the government letting flybe fail TBH , To much hinges on them, If someone like easy jet fails to step in i can see government funds being provided to get them through this blip
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Old 20th Nov 2018, 21:42
  #999 (permalink)  
 
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Originally Posted by Brigantee View Post
Cannot see the government letting flybe fail TBH , To much hinges on them, If someone like easy jet fails to step in i can see government funds being provided to get them through this blip

Blip???,Goverment aid ?, What planet are you on ??
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Old 21st Nov 2018, 05:24
  #1000 (permalink)  
 
Join Date: Feb 2018
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Originally Posted by Brigantee View Post
Cannot see the government letting flybe fail TBH , To much hinges on them, If someone like easy jet fails to step in i can see government funds being provided to get them through this blip
The UK government doesn't give a crap about Flybe. If any government was to step in it would be the Welsh government.
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