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Old 14th Oct 2020, 19:37
  #1161 (permalink)  
 
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USD100M liabilities. That is a big sum for a small airline in the current economic climate.
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Old 15th Oct 2020, 11:36
  #1162 (permalink)  
 
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Originally Posted by True Blue
USD100M liabilities. That is a big sum for a small airline in the current economic climate.
Certainly a lot of money, but in airline terms True Blue this isn't big, considering it is less than the price of 2 new airbus 320s.
What matters is for they can finance their operation for the coming months until we can get through this awful period. The challenge is how investable the business is, and that hinges on securing the franchise for the next contract.
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Old 15th Oct 2020, 12:21
  #1163 (permalink)  
 
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However, it is a lot of liability to any prospective buyer if there's the potential for the EI regional flying contract to go elsewhere in 2022.
Hopefully, they'll be able to secure an extension to protect the business in the longer term
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Old 15th Oct 2020, 12:36
  #1164 (permalink)  
 
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It IS a lot of money..
Poor example...NO airline even pre-Covid hands over wads of cash to pay for A320`s up front & complete.
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Old 15th Oct 2020, 19:16
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Its a lot of cash to the average Joe Bloggs but I think EIBUD was just trying to put it in perspective. So in this case I don't think it is a poor example - in my opinion.
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Old 15th Oct 2020, 19:37
  #1166 (permalink)  
 
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Not too sure any perspective would reflect other than USD100M is a VERY large liability.
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Old 15th Oct 2020, 22:33
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Originally Posted by escaped.atco
Its a lot of cash to the average Joe Bloggs but I think EIBUD was just trying to put it in perspective. So in this case I don't think it is a poor example - in my opinion.
Thank you Escaped. Atco.
Nice when somebody has your back 👌
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Old 27th Oct 2020, 15:18
  #1168 (permalink)  
 
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Aer Lingus Heathrow S21

Aer Lingus appear to be switching the morning departure from BHD to LHR to 7:40 am. The route will be 3x daily according to the EI website
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Old 27th Oct 2020, 16:38
  #1169 (permalink)  
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This is certainly a much more useful time for those travelling to London from Belfast, but I hope it doesn't lead to IAG cancelling the (night stopping) early morning BA flight.
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Old 10th Nov 2020, 00:23
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Loganair to launch MME flights from FEB 2021.
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Old 10th Nov 2020, 05:34
  #1171 (permalink)  
 
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Two airlines flying to MME?
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Old 12th Nov 2020, 20:27
  #1172 (permalink)  
 
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British Airways A321 Neo due to operate BA1414 from LHR tomorrow morning - I believe it is for demand purposes
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Old 12th Nov 2020, 21:39
  #1173 (permalink)  
 
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I believe nearly fully booked on inbound
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Old 18th Nov 2020, 14:53
  #1174 (permalink)  
 
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AMS appears to have been suspended until mid December
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Old 18th Nov 2020, 15:35
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lucky if it is, other regionals until mid Feb!
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Old 18th Nov 2020, 16:51
  #1176 (permalink)  
 
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As long as it comes back. Mid December is actually not that far away in the grand scheme of things.
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