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Old 30th Mar 2020, 09:24
  #1061 (permalink)  
 
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Originally Posted by PDXCWL45
Surely the Scottish government would be able to help them out? Even potentially the Welsh government if they agreed to expand at Cardiff?
I dare say I think they're all going to be pretty strapped after this is said and done.
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Old 30th Mar 2020, 11:39
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They say that there is no such thing as a free lunch and Loganair being given all these ex BMIR aircraft to find work for put them in a bind. They had planned on a few ERJ's being transferred to them as the Saab's were phased out and instead ended up with a fleet that had not worked for their old partner company and which would not work at many of their established airports.
Developing profitable work for maybe a dozen extra ERJ's has been a struggle that will still be there when the lockdown is over.
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Old 30th Mar 2020, 11:41
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So how about Loganair’s wealthy owners put their hand in their pockets to support their own business instead of the increasingly cash strapped taxpayer being asked to bail airlines out?
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Old 30th Mar 2020, 11:41
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The Nyx Air 340 positioned from IOM to Carlisle this morning, and is now heading for Tallinn
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Old 30th Mar 2020, 11:43
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Why should Loganair be funded when they have private investors - The Bond family own it and they are still in the Times Rich List..... Saving PSO routes to the Islands only requires Twin Otters / Do228's / BN2's - plenty of them around on UK AOC's without the need to prop up an airline with tens of millions.... when it can be done with less than 10 million.
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Old 30th Mar 2020, 14:40
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Loganair are not in the same basket as Flybe. They deserve more support, at least just for their lifeline routes to the islands. They can ground everything else until such time as it is appropriate to bring them back. The people on these islands are already facing reduced ferry services too so there needs to be some way of them retaining some essential air links to bring them what they need and take them to the mainland if needed.
Information from the EU (from 2018) shows that Loganair already serve 12 of the 22 UK PSO routes and thus receive funding to cover these anyway. Some of these are at pretty eye-watering levels of subsidy (three with a contribution in excess of £100 per person)
I know you can't compare the two but for context, Flybe received less than £5 per person for the Newquay-London route. Full PSO lists here make for interesting reading: https://ec.europa.eu/transport/sites...tory_table.pdf
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Old 30th Mar 2020, 16:07
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A PSO can actually be bad news at this time. The PSO covers the difference between the expected costs of running the service and the income. If your flight costs £2,000 to run and you have projected revenue of £1,800 then the PSO subsidy covers the difference of £200. If passenger numbers fall off a cliff, you still have the £2,000 running cost but revenue might drop (say) to £400. You still end up with the same £200 subsidy under the PSO but are now making a big loss to run a flight that you're legally obliged to run.

The Newquay-London PSO was really a mechanism to get the route freed up from £13 each way APD - which was the real benefit. A lot of UK routes would suddenly be viable if you lifted the burden of APD.
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Old 30th Mar 2020, 16:41
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I see the ATR42 from IOM has operated into LHR this afternoon after a few days at LGW last week (after LCY closed).
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Old 30th Mar 2020, 17:10
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Originally Posted by Wycombe
I see the ATR42 from IOM has operated into LHR this afternoon after a few days at LGW last week (after LCY closed).
IOM service is currently scheduled to operate a 6 x weekly (SUN-FRI) service to LHR until 1st May
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Old 14th Apr 2020, 11:01
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Anyone know what the two Loganair ERJs currently showing on FR24 heading back to Aberdeen from Gdansk & Riga are about?
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Old 14th Apr 2020, 11:56
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Originally Posted by northsands
Anyone know what the two Loganair ERJs currently showing on FR24 heading back to Aberdeen from Gdansk & Riga are about?
Apparently it’s transporting key workers for the Oil and Gas industry.
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Old 14th Apr 2020, 16:18
  #1072 (permalink)  
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Originally Posted by Rottweiler22
Apparently it’s transporting key workers for the Oil and Gas industry.
Probably to be made redundant, given the collapse in prices. It's having an effect already, unsurprisingly.
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Old 15th Apr 2020, 13:49
  #1073 (permalink)  
 
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as I cannot see three small regional airlines surviving on their own when Flybe failed
Why not? Is big necessarily better in this market?
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Old 15th Apr 2020, 19:57
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Originally Posted by airsouthwest
Loganair will survive this but I wouldn't be surprised to see some sort of merger or joint working with Eastern & Blue Islands, as I cannot see three small regional airlines surviving on their own when Flybe failed, even if Flybe had a lot of history too.
Loganair Express...
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Old 15th Apr 2020, 20:33
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Originally Posted by SealinkBF
Loganair Express...

Joking aside.. I do think LM may need to consider a rebrand if theyre going to expand.
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Old 15th Apr 2020, 20:59
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Originally Posted by JSCL
Joking aside.. I do think LM may need to consider a rebrand if theyre going to expand.
British Regional Airways...

Although I was, in the previous post, referring to franchising Blue Islands and Eastern...
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Old 15th Apr 2020, 21:13
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Originally Posted by airsouthwest
Loganair will survive this but I wouldn't be surprised to see some sort of merger or joint working with Eastern & Blue Islands, as I cannot see three small regional airlines surviving on their own when Flybe failed, even if Flybe had a lot of history too.
Who has the deepest pockets?
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Old 15th Apr 2020, 21:50
  #1078 (permalink)  
 
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I’d suggest Logan. They have quite a few decent PSO routes that help to provide a solid foundation to underwrite the rest of the business.
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Old 16th Apr 2020, 18:29
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Originally Posted by northsands
Anyone know what the two Loganair ERJs currently showing on FR24 heading back to Aberdeen from Gdansk & Riga are about?
https://www.scotsman.com/business/lo...orkers-2540979

Interestingly, “It said these were worth a six-figure sum and it hoped more would follow after they end in mid-May.” Probably a much needed boost.
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Old 17th Apr 2020, 08:12
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This is not a Loganair bash... I love them, but lets not get to excited when they write something in a newspaper..

Most airlines incl. Loganair are very active on social media showing how great they are and essential, and listen they do great work.

However, a few charters now is nice for cash flow as that has halted for most airlines but this just a plaster on a big wound, regional charter rates have declined and all airlines are bleeding.. Just take the reg of the AC and look at FR24... The ATRs are flying the BA routes, but the vast majority of the fleet is flying nothing..

Logan made pre tax 1M GBP profit on a 120M GBP turnover what is exeptional for a regional airline... but I am lighting candles for all small regional airlines.. and hope they make it as it would be a big loss..
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