Jet2-6
Join Date: Jul 2021
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I don’t care. I’m merely stating that they will need to fly more often than the current Jet2 fleet does for the fuel savings to come anywhere near offsetting the lease/purchase costs of expensive new aircraft.
Only SUNB of the current fleet is owned, the rest are leased.
Only SUNB of the current fleet is owned, the rest are leased.
Gender Faculty Specialist
Jet2 management thank you for your insight and business acumen. They'd like to offer you a highly paid management position as none of them had thought of that beforehand.
Join Date: Jul 2023
Location: Sheffield
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The plan was for all 3 to come from air tanker however due to changing situations AT couldn’t guarantee the 3rd jet would be available all summer long, so J2 opted for the 2 ETF 738s instead.
Join Date: May 2016
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Join Date: Jul 2023
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You can rent a house, you can pay a mortgage, or you buy with cash.
Renting a house is costly, you lose money and have nothing to show for it at the end of your tenancy.
Paying a mortgage is also costly at the beginning, but once it’s paid off then you have an asset that’s all yours and have all the benefits of it.
Buying outright is the optimal, you have the asset to do as you like with, and none of the ongoing overheads.
Jet2 are using a mixture of the last two options for their purchases, just like they always have done.
Join Date: Aug 2012
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Nonsense.
You can rent a house, you can pay a mortgage, or you buy with cash.
Renting a house is costly, you lose money and have nothing to show for it at the end of your tenancy.
Paying a mortgage is also costly at the beginning, but once it’s paid off then you have an asset that’s all yours and have all the benefits of it.
Buying outright is the optimal, you have the asset to do as you like with, and none of the ongoing overheads.
Jet2 are using a mixture of the last two options for their purchases, just like they always have done.
You can rent a house, you can pay a mortgage, or you buy with cash.
Renting a house is costly, you lose money and have nothing to show for it at the end of your tenancy.
Paying a mortgage is also costly at the beginning, but once it’s paid off then you have an asset that’s all yours and have all the benefits of it.
Buying outright is the optimal, you have the asset to do as you like with, and none of the ongoing overheads.
Jet2 are using a mixture of the last two options for their purchases, just like they always have done.
Whilst your point generically is correct housing is a poor comparison.
Houses generally appreciate in value and don’t fall obsolete, which aircraft will do as new tech comes on board.
The big thing with jet2 now though, both in terms of the NEO and the oversees bases. Jet2 are now primarily a charter airline filled by pax from their in house holiday division, not an LCC, which they were in their first 10 years of ops.
They will always sell enough holidays to make their new a/c financially viable so have no need to operate ‘away based flights’ like RYR or EZY/EJU. The same as with overseas bases, because they are now essentially a uk tour operator they won’t operate flights from the ‘destination’ to the uk. They may put a couple of spares down route but they won’t operate revenue flights from for the example ALC - UK - ALC.
Join Date: Jul 2021
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Join Date: Nov 2006
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The is no difference between a Ryanair base at STN and a Jet2 base are PMI/ALC. However, if Ryanair wasn't to fly inside the UK they need to do so on a G- reg and equally if Jet2 want to fly inside EU, they need an EU reg. As you know Jet2 don't do that so they don't need an EU operating airline or EU reg aircraft. This all relates to scheduled services.
There can be exceptions and we've seen some of those, an example would be Aer Lingus UK swapping out one of it's G- reg 330s for an EI- reg example to cover maintenance. Equally, EI axed BHD/LHR as they'd have needed a G- reg to do so and adding a single 320 to the UK licence would have been impractical. There are exceptions like the EI UK example with the 330, but I don't have visibility of the specifics.
I note that Charters too may have more flexibility as TUI and Jet2 charters ex Dublin were flying Ireland to Europe (ski, sun and Lapland trips).
As another point mentioned earlier. Jet2 have not had any aircraft or crew cases in ALC since pre pandemic. They can do that with existing operating licences to/from UK for operational efficiency, if they wanted.
The downside of any holiday flight operator basing the aircraft at the Mediterranean end is that it shortens the available holiday for the customers, by about half a day. First thing departures from say Alicante at 0800 means getting out of your hotel at maybe 0400, and the return even from this first wave won't have you on the beach until the sun is going down. As people move away from the classic fortnight with back-to-back flights, to shorter holidays (many mainstream Jet2 routes are now pretty much daily, to allow this flexibility), it's a notable loss.
Regarding hotel baggage drop on the return, it's really of no consequence, because whether you do so, or wait until the airport check in, the coach comes at the same time !
Regarding hotel baggage drop on the return, it's really of no consequence, because whether you do so, or wait until the airport check in, the coach comes at the same time !
Join Date: Nov 2019
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Join Date: Jan 2008
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As usual on these forums, those who can't bear positive news or a success story have to start thinking of ways of predicting uncertainty or doom for a particular airport or airline.
Looks like Jet2 is the next target with warnings about new aircraft costs etc.... As I have said before the airlines and airports of this country must be devastated that they have missed the opportunity
of employing so many 'armchair CEOs' who obviously know better!
Looks like Jet2 is the next target with warnings about new aircraft costs etc.... As I have said before the airlines and airports of this country must be devastated that they have missed the opportunity
of employing so many 'armchair CEOs' who obviously know better!
Last edited by vectisman; 2nd Apr 2024 at 13:10.
Join Date: Apr 2010
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Jet2 Holidays has announced hundreds of redundancies in Spain, inc. airport staff. Feels like a bolt from the blue!
https://www.travelmole.com/news/jet2...dtYWlsLmNvbQ==
https://www.travelmole.com/news/jet2...dtYWlsLmNvbQ==
Jet2 Holidays has announced hundreds of redundancies in Spain, inc. airport staff. Feels like a bolt from the blue!
https://www.travelmole.com/news/jet2...dtYWlsLmNvbQ==
https://www.travelmole.com/news/jet2...dtYWlsLmNvbQ==