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Jet2-5

Old 1st Sep 2020, 21:05
  #2801 (permalink)  
 
Join Date: Aug 2000
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sportzbar,
Do you still think that l might be wrong about Greece, after Scotland's decision today?
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Old 2nd Sep 2020, 05:36
  #2802 (permalink)  
 
Join Date: Feb 2006
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Originally Posted by Mr @ Spotty M View Post
sportzbar,
Do you still think that l might be wrong about Greece, after Scotland's decision today?
It does throw the cat amongst the pigeons doesn't it? I think it's a knee-jerk reaction to a few clusters that have happened (not including the Tui Cardiff flight). Now I'm not so sure if it will stay off the quarantine list. It'll make a mockery of the criteria used by the government as 99% of the cases have been linked to Laganas in Zante.

Having returned from Corfu only a few days ago it does seem, in my opinion, the Greeks are taking this a lot more seriously than the general public over here in the UK. The police don't give gentle word of advice if not adhering, they don't give you chance to apologise, they slap you with a fine.

I truly hope it doesn't go back on the quarantine list but I guess now after Scotland and Wales have done what they have, it won't be long before England joins in.....
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Old 3rd Sep 2020, 17:51
  #2803 (permalink)  
 
Join Date: Jun 2011
Location: Ainsdale
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Mainland Spain & Croatia off until the Winter Season:
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Old 22nd Sep 2020, 09:48
  #2804 (permalink)  
 
Join Date: Jan 2008
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ppjn

I see ppjn is at it again

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Old 22nd Sep 2020, 10:02
  #2805 (permalink)  
40i
 
Join Date: Apr 2020
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Originally Posted by Comm View Post
I see ppjn is at it again
Yes... although last time there was some truth in it.

I canít see them making anymore, they have 2019 capacity next year so they need crew, maybe temporary lay offs over winter/ part time working? Who knows.
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Old 22nd Sep 2020, 11:22
  #2806 (permalink)  
 
Join Date: Apr 2019
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It appears to me that Jet2 are in denial, the industry is in free fall,
Easyjet have been up front and informed their workforce, Ryanair have asked for Part Time and Unpaid Leave. Lufthansa are making sweeping cuts, TUI are struggling, there was a good article in last week's Sunday Times, yet at Jet2 everything is just peachy. I really do hope that the remarks on PPJN are wrong, but common sense tells me there is more pain to come.
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Old 22nd Sep 2020, 11:27
  #2807 (permalink)  
 
Join Date: Oct 2009
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What are the remarks people are referring to?
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Old 22nd Sep 2020, 11:31
  #2808 (permalink)  
 
Join Date: Jun 2001
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Originally Posted by Comm View Post
I see ppjn is at it again
They've got the captainís salary wrong, letís hope the rest is wrong as well....
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Old 22nd Sep 2020, 11:56
  #2809 (permalink)  
 
Join Date: Mar 2001
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Originally Posted by P330 View Post
What are the remarks people are referring to?
The remarks referred to on PPJN.
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Old 22nd Sep 2020, 12:18
  #2810 (permalink)  
 
Join Date: Dec 2013
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Captains salary too low, SFO salary too high...(based on Covid pay)

not paying it much attention at this stage...
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Old 22nd Sep 2020, 13:28
  #2811 (permalink)  
40i
 
Join Date: Apr 2020
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Originally Posted by Brian Pern View Post
It appears to me that Jet2 are in denial, the industry is in free fall,
Easyjet have been up front and informed their workforce, Ryanair have asked for Part Time and Unpaid Leave. Lufthansa are making sweeping cuts, TUI are struggling, there was a good article in last week's Sunday Times, yet at Jet2 everything is just peachy. I really do hope that the remarks on PPJN are wrong, but common sense tells me there is more pain to come.
I donít think they are in denial, they know what there Ď21 booking figures will be...
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Old 22nd Sep 2020, 14:12
  #2812 (permalink)  
 
Join Date: Apr 2019
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Originally Posted by 40i View Post
I donít think they are in denial, they know what there Ď21 booking figures will be...
I have no doubt they do, TUI's 2021 are up 145% on 2019 according to the Sunday Times, but how many of these are bookings from this year was not mentioned. Let's not forget TUI are the whale here, pan European not just the UK.
Brexit is coming and it won't be a nice soft one either, people have had staycations and many will be tempted to do the same next year, there is a lot of uncertainty in the industry, people won't want to travel on holiday with a risk of quarantine at the end of it.
I have no doubt that Jet2 management have a plan, it's just the silence is deafening
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Old 22nd Sep 2020, 16:14
  #2813 (permalink)  
 
Join Date: Mar 1999
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I donít think things are peachy at Jet2, but I would say they are probably one of the best placed companies to take advantage of the recovery when it comes.
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Old 22nd Sep 2020, 16:30
  #2814 (permalink)  
40i
 
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Originally Posted by Brian Pern View Post
I have no doubt they do, TUI's 2021 are up 145% on 2019 according to the Sunday Times, but how many of these are bookings from this year was not mentioned. Let's not forget TUI are the whale here, pan European not just the UK.
Brexit is coming and it won't be a nice soft one either, people have had staycations and many will be tempted to do the same next year, there is a lot of uncertainty in the industry, people won't want to travel on holiday with a risk of quarantine at the end of it.
I have no doubt that Jet2 management have a plan, it's just the silence is deafening
Yea I agree. This year is a write off, too unstable with government legislation. Brexit agreed will be horrific they are better placed though as the vast majority of their workforce is UK based. Unlike as you say TUI.

As above it isnít pretty and I hope there is a plan to capitalise and gain a bigger market share next summer, but yes the silence is horrible but I donít think that will change soon!
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Old 22nd Sep 2020, 18:24
  #2815 (permalink)  
 
Join Date: Nov 2019
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Originally Posted by Brian Pern View Post
It appears to me that Jet2 are in denial, the industry is in free fall,
There's a culture of good news or no news at Jet2. I'm not surprised!
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Old 22nd Sep 2020, 18:26
  #2816 (permalink)  
 
Join Date: Apr 2019
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Originally Posted by LS737 View Post
There's a culture of good news or no news at Jet2. I'm not surprised!
this is what is concerning me, I do hope I'm wrong.
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Old 23rd Sep 2020, 10:46
  #2817 (permalink)  
 
Join Date: Apr 2003
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Originally Posted by Brian Pern View Post
It appears to me that Jet2 are in denial, the industry is in free fall,
Easyjet have been up front and informed their workforce, Ryanair have asked for Part Time and Unpaid Leave. Lufthansa are making sweeping cuts, TUI are struggling, there was a good article in last week's Sunday Times, yet at Jet2 everything is just peachy. I really do hope that the remarks on PPJN are wrong, but common sense tells me there is more pain to come.
Oh Brian, you are still desperate for Jet2 to fail....

The company is being as proactive as possible, already reduced size of fleet and workforce sufficiently to be able to get through the Winter and be ready for Summer21 (the company as always communicates internally what the plans are) If the government get there act together, and maintain the air corridors and have airport testing (which they should of been working on from 01st Apr). The company and the whole industry will recover.

As you can see above tweets, we are reacting to ever changing restrictions to get our customers on there well deserved Lovely holidays.

The Gimp
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Old 23rd Sep 2020, 14:19
  #2818 (permalink)  
 
Join Date: Apr 2019
Location: in the sky
Posts: 70
Actually Gimp, I don't want the company to fail.
I have a interest in the success of Jet2, having being involved in several airlines over the years, even Jet2 in its infancy.
I just like many others fail to believe the shtik put out by the management.
I wish you well.
BP
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Old 23rd Sep 2020, 15:53
  #2819 (permalink)  
 
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Originally Posted by Brian Pern View Post
I have no doubt they do, TUI's 2021 are up 145% on 2019 according to the Sunday Times, but how many of these are bookings from this year was not mentioned. Let's not forget TUI are the whale here, pan European not just the UK.
Brexit is coming and it won't be a nice soft one either, people have had staycations and many will be tempted to do the same next year, there is a lot of uncertainty in the industry, people won't want to travel on holiday with a risk of quarantine at the end of it.
I have no doubt that Jet2 management have a plan, it's just the silence is deafening
Believe Jet2 are only planning for 80% of planned programme for summer 2021 which I suppose given current climate isnt too bad. Imagine TUI will be hoping the European operation will hold up better than UK without Brexit affecting it
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Old 23rd Sep 2020, 20:10
  #2820 (permalink)  
 
Join Date: Oct 2017
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The overriding impediment to the leisure market ex-UK is quarantine restrictions, both in other countries and here in the UK upon return home. People cannot plan discretionary travel amidst such uncertainty and ever-shifting rules. Few working people enjoy the option to lock themselves away for two weeks when they arrive back from holiday. Brexit concerns are way down the list, and it is in the interests of all EUMED countries with a tourism sector of size to smooth border formalities for their UK customers on that front post-December 31st. But until we have a widely-distributed vaccine with high efficacy, and whilst a 'holiday' means permanent bemuzzlement in hot climates, closed venues, and no opportunity to meet new friends closer than two metres away, leisure bookings will remain utterly depressed. Jet2 and others must plan around this, and lobby to ensure that government-imposed restrictions do not linger even one day longer than absolutely necessary. Not just quarantine: muzzles, taped-off seating areas, early closing, no-mingling rules all have to be rescinded too.

But the ex-UK leisure market does enjoy two key advantages which near-continental countries cannot match. The UK is an island nation - driving abroad comes with either an expensive ferry crossing / tunnel transit, or via car hire overseas (often non-refundable if cancelled). Remember that Germans, French, Benelux customers can drive their own cars to many popular sunshine resorts for as long as flying worries them. And no concerns about flight cancellations and vouchers for them if plans go awry. Add to this that countries including Germany and Austria have recently been imposing damaging new "green" taxes on airline operations, and there is no reason to presume that reviving leisure flying demand in Continental Europe will be an easier proposition than in the UK.

Meanwhile, most short-haul trunk routes from the UK remain subject to dire quarantine rules at one or both ends of the journey. Isle of Man, Channel Islands, Eire, France, Spain, Benelux ... pretty much all of our key short-haul markets are afflicted. Only when all these unpredictable quarantines are consigned to history can we reappraise what proportion of the market is left standing. But there is latent demand for leisure travel. Even if we were to hit 20% unemployment (hope not), that still means 80% of workers bringing in an income. And many of those in "key worker" roles have been toiling their socks off over the last few months ... they're ready to enjoy a nice break when permitted, and many of them have amassed overtime payments which will help them to afford one. Voucher redemptions will play a role too, though these won't bring in fresh income to the airlines.

Jet2, TUI and other leisure carriers must conserve cash until C-19 restrictions are lifted and then be ready to react. Flying empty aircraft around in the meantime will only burn through cash reserves all the quicker. Traditional Winter favourites such as Spain, the Canaries, the Algarve etc will not sell until quarantine rules are swept away and the threat of sudden re-imposition is removed. And bookings for Summer '21 will only come in once restrictions are ended and the threat of another interminable paperchase for vouchers is removed. As a keen traveller myself, my own plan going forward is last minute bookings only to high-confidence destinations TFN. I expect many others to act in a similar fashion (or book nothing at all).

The priority for companies such as Jet2 has to be to conserve cash and wait this one out. Winter '20/'21 is effectively a write-off already.

CONSERVE CASH, CONSERVE CASH, CONSERVE CASH!
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