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Jet2-5

Old 8th Oct 2019, 08:04
  #1601 (permalink)  
 
Join Date: Oct 2004
Location: UK
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Originally Posted by Mr A Tis View Post
I think people are getting far too excited. There was over capacity, too many holidays on very thin weak margins, at a time of reduced demand - Brexit, weakening pound etc. Why would anyone take risks ? Far better to increase yields and consolidate. Jet2 are the best at what they do, there is no need for them to do anything other than continue their modest growth. Replacing older frames when the opportunity arises, leasing in peak time capacity without the risks. I expect anything not Boeing will be leased in. When the MAX gets back into service, there will be a glut of used 738s on the market- I think J2 will just wait.
That makes far more economic sense to me. Tighten up the market, raise prices and repair the roof while the sun is shining.
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Old 8th Oct 2019, 08:14
  #1602 (permalink)  
 
Join Date: Feb 2018
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Originally Posted by ATNotts View Post
That makes far more economic sense to me. Tighten up the market, raise prices and repair the roof while the sun is shining.
Hopefully any price hike would be sufficient to cover loss of Revenue from the percentage of Customers it put outside of their Affordability window.
Maybe even -
14 days (now a bit less common I think) down to 11?
11 days down to 10 or even 7.
7 days down to ' Ah well, it was nice whilst we could afford it'.
​​​​​​
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Old 8th Oct 2019, 08:26
  #1603 (permalink)  
 
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Originally Posted by sixchannel View Post
Hopefully any price hike would be sufficient to cover loss of Revenue from the percentage of Customers it put outside of their Affordability window.
Maybe even -
14 days (now a bit less common I think) down to 11?
11 days down to 10 or even 7.
7 days down to ' Ah well, it was nice whilst we could afford it'.
​​​​​​
This article, relating to the collapse of Thomas Cook perhaps suggests that foreign holidays are too affordable at the moment.

https://www.bbc.co.uk/news/business-49961188
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Old 8th Oct 2019, 08:28
  #1604 (permalink)  
 
Join Date: Sep 2013
Location: york
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Originally Posted by daz211 View Post
Lots of hard work and negotiations going on as we speak.
As far as I know and I would know, No new base for 2020, Obviously MAN is our main priority right now.
Tunisia is not happening nor is Egypt, far to unstable for our operations right now.
As for any kind of ex Thomas Cook Aircraft / Crew I’m not in a position to comment, as you can imagine this is very commercially sensitive information.
All I can say is there will be extra flights from existing based, and work continues to launch more routes for summer 2020.
Daz
Thanks for this. I understand the TCG 5 ex lease or not is pretty much confirmed.
As for other points of discussion DART may kick the can down the road re new orders and have two years paying down debt. Not a bad idea if we can stretch the fleet out with a mixture of purchases and leases .

Last couple of days we seem to have been using 50 aircraft is there an easy way to see how many flights we are doing each day?
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Old 8th Oct 2019, 08:49
  #1605 (permalink)  
 
Join Date: Feb 2018
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Originally Posted by ATNotts View Post
This article, relating to the collapse of Thomas Cook perhaps suggests that foreign holidays are too affordable at the moment.

https://www.bbc.co.uk/news/business-49961188
This 'single parent' with "no money' took a holiday in excess of 2 weeks in Tunisia otherwise she would have been repatriated.
Where was the 'child' all this time? Where did the money come from to pay for her Accomodation (it can't have been a TC holiday) and flights in the first place?
Now she's crying to the so-called'News’
Sympathy have I none.
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Old 8th Oct 2019, 10:13
  #1606 (permalink)  
 
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Living life as a single parent on Universal Credit must involve a level of stress which I have never had to endure. Perhaps her parents offered to look after the child for a couple of weeks to give her a break? We don't know the whole story. However someone should have told to come back early on a repatriation flight.
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Old 8th Oct 2019, 10:58
  #1607 (permalink)  
 
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During half term there are 14 aircraft based at BHX - more than the summer peak!
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Old 8th Oct 2019, 11:38
  #1608 (permalink)  
 
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Originally Posted by inOban View Post
Living life as a single parent on Universal Credit must involve a level of stress which I have never had to endure. Perhaps her parents offered to look after the child for a couple of weeks to give her a break? We don't know the whole story. However someone should have told to come back early on a repatriation flight.
My point was that financial advisors always say that you should try and have a buffer of 3 months cash in hand in case of unforeseen emergencies, redundancy etc. Spending that buffer, or whatever buffer you have, on something as frivolous as a holiday abroad is profligate to say the least.

By the way I say that as a parent of offspring who did exactly that!
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Old 8th Oct 2019, 11:39
  #1609 (permalink)  
 
Join Date: Sep 2012
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Originally Posted by Mr A Tis View Post
I think people are getting far too excited. There was over capacity, too many holidays on very thin weak margins, at a time of reduced demand - Brexit, weakening pound etc. Why would anyone take risks ? Far better to increase yields and consolidate. Jet2 are the best at what they do, there is no need for them to do anything other than continue their modest growth. Replacing older frames when the opportunity arises, leasing in peak time capacity without the risks. I expect anything not Boeing will be leased in. When the MAX gets back into service, there will be a glut of used 738s on the market- I think J2 will just wait.
You're not wrong. However, to not replace some (that's the keyword here, not all) of the capacity that has been lost would be a potential opportunity missed and I don't think anybody was calling for Jet2 to precisely match lost capacity. How that's achieved is open for debate.

The remaining competitors also need to be careful not to hike up prices too much as that's got the potential to significantly weaken demand. It's about getting the balance right between profitability, meeting demand and anticipating potential economic headwinds that could affect either/both of these. The strength of GBP is another factor.

As for the MAX, even if a fix was found tomorrow the regulators worldwide will take their time before approving them safe to fly and that will affect which airlines can fly them again and where they can fly them to. It would take several weeks/months for all of them to fly again, especially the ones stored since March that would probably need more than the mods to make them airworthy again, especially the longer they're stored. I imagine there will be some training/re-training required given the length of time that's passed. It must be getting to the point now for MAX operators where for 2020 they have to make a call whether to build them into their fleet plans or not.
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Old 8th Oct 2019, 12:15
  #1610 (permalink)  
 
Join Date: Apr 2010
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Originally Posted by inOban View Post
Living life as a single parent on Universal Credit must involve a level of stress which I have never had to endure. Perhaps her parents offered to look after the child for a couple of weeks to give her a break? We don't know the whole story. However someone should have told to come back early on a repatriation flight.
Indeed. Although I was aghast to learn that she had no travel insurance.
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Old 8th Oct 2019, 18:37
  #1611 (permalink)  
 
Join Date: Feb 2018
Location: Wolverhampton
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G-DRTI - again

Flew Serviceability flight today - EMA - MAN via Ireland and west.
Presume in its full Jet2 silver/red glory.
Looks like it included some low speed handling tests.
First Revenue flight soon??
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Old 8th Oct 2019, 18:41
  #1612 (permalink)  
 
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Originally Posted by sixchannel View Post
Flew Serviceability flight today - EMA - MAN via Ireland and west.
Presume in its full Jet2 silver/red glory.
First Revenue flight soon??
it is , Jet2Izmir on the nose.

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Old 8th Oct 2019, 18:46
  #1613 (permalink)  
 
Join Date: Feb 2018
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Originally Posted by LiamNCL View Post
it is , Jet2Izmir on the nose.

Compare that to post 1542.!
Amazing what a couple of cans of Holts Duplicolour can do.
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Old 8th Oct 2019, 19:28
  #1614 (permalink)  
 
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Originally Posted by sixchannel View Post
Compare that to post 1542.!
Amazing what a couple of cans of Holts Duplicolour can do.
Rags to Riches
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Old 8th Oct 2019, 19:41
  #1615 (permalink)  
 
Join Date: Jan 2012
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Noticed this on Airborne Colours Ltd FB page;

The first of several planned Jet2.com aircraft departing our East Midlands Airport paint facility yesterday following a full repaint into this striking well recognised red and silver livery.
Wonder when the next one is due? Is it current aircraft in the fleet getting repainted or new one?
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Old 8th Oct 2019, 19:56
  #1616 (permalink)  
 
Join Date: Feb 2018
Location: Wolverhampton
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Originally Posted by BFS BHD View Post
Noticed this on Airborne Colours Ltd FB page;



Wonder when the next one is due? Is it current aircraft in the fleet getting repainted or new one?
Now THAT is a very interesting question.
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Old 8th Oct 2019, 20:05
  #1617 (permalink)  
 
Join Date: Aug 2013
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Originally Posted by BFS BHD View Post
Noticed this on Airborne Colours Ltd FB page;



Wonder when the next one is due? Is it current aircraft in the fleet getting repainted or new one?
I noticed this aswell.
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Old 8th Oct 2019, 20:36
  #1618 (permalink)  
 
Join Date: Sep 2006
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Originally Posted by sixchannel View Post
.
First Revenue flight soon??
Perhaps as soon as the end of the week.
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Old 8th Oct 2019, 21:00
  #1619 (permalink)  
 
Join Date: Feb 2018
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Originally Posted by Flying Wild View Post
Perhaps as soon as the end of the week.
I wonder if its first Pax will wonder if all Jet2 planes smell of fresh paint?

Last edited by sixchannel; 8th Oct 2019 at 21:20.
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Old 9th Oct 2019, 07:08
  #1620 (permalink)  
 
Join Date: Sep 2013
Location: york
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Originally Posted by inOban View Post
Living life as a single parent on Universal Credit must involve a level of stress which I have never had to endure. Perhaps her parents offered to look after the child for a couple of weeks to give her a break? We don't know the whole story. However someone should have told to come back early on a repatriation flight.
Life is full of choices and some are drawn to keep making bad ones. We all have family/relatives some who fall into this trap.

The best we had was whilst filming with a BBC crew at a food bank (to which we were regular suppliers of fresh produce) I got into conversation with two very attractive ladies late 20`s early 30`s and enquired why they needed the support of the food bank.
No chance of work as the kids were at school only 6 hours and of course holidays were a problem.
I asked if they would be interested in "term time only work and 9 till 3"
Both dived into their bags for the phones to take my number..............unbelievably both had top of the range mobiles/tablets in which they recorded my number. Neither got in touch but we did, and still do employ 2 young mums on a term time only contract.
I live in an area not associated with its wealth, and many food banks do a roaring trade. However its rare to see a house without Sky/cable tv.
I am afraid a great number of people have the wrong priorities.
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