Flybe-V2
Thread Starter
Joined: Oct 2003
Posts: 473
Likes: 2
From: UK
They've got a staggeringly low cost base because they crashed and left a trail of debt.
There are no legacy costs on the balance sheet because they were reneged on.
To say they're a "new market entrant" is untrue, and flybe themselves acknowledge this when they openly talk of "returning to former markets" !
There are no legacy costs on the balance sheet because they were reneged on.
To say they're a "new market entrant" is untrue, and flybe themselves acknowledge this when they openly talk of "returning to former markets" !
If they have a staggeringly low cost base, then this is because they're a new business that has been able to exploit circumstance to negotiate attractive deals when the industry was struggling. They're a new business, incorporated in 2021 as Thyme OpCo Ltd before changing their name to Flybe Ltd. They have a newly issued AOC, approved by the regulator (CAA) during a time of significant challenge due to the pandemic. I very much doubt that a new AOC will have been issued without the CAA taking a long, hard and detailed look at everything first, especially having witnessed the downfall of the flybe V1.
The brand is returning to former markets, but not the airline that operated previously but we can all have an opinion. I'm at least grateful that some former employees have the chance again to continue their careers.
Joined: Jun 2001
Posts: 867
Likes: 131
From: britain
I appreciate that we all have our views around whether what's happened should be permitted or not. Legally its permitted but I agree that morally its questionable, however our laws allow this so we need to challenge politicians for change, not each other. What's done is done and I say this as a shareholder of Flybe Group PLC who lost out a five figure sum when the airline was sold out of the group to Connect Airways leaving a shell company as my investment!
If they have a staggeringly low cost base, then this is because they're a new business that has been able to exploit circumstance to negotiate attractive deals when the industry was struggling. They're a new business, incorporated in 2021 as Thyme OpCo Ltd before changing their name to Flybe Ltd. They have a newly issued AOC, approved by the regulator (CAA) during a time of significant challenge due to the pandemic. I very much doubt that a new AOC will have been issued without the CAA taking a long, hard and detailed look at everything first, especially having witnessed the downfall of the flybe V1.
The brand is returning to former markets, but not the airline that operated previously but we can all have an opinion. I'm at least grateful that some former employees have the chance again to continue their careers.
If they have a staggeringly low cost base, then this is because they're a new business that has been able to exploit circumstance to negotiate attractive deals when the industry was struggling. They're a new business, incorporated in 2021 as Thyme OpCo Ltd before changing their name to Flybe Ltd. They have a newly issued AOC, approved by the regulator (CAA) during a time of significant challenge due to the pandemic. I very much doubt that a new AOC will have been issued without the CAA taking a long, hard and detailed look at everything first, especially having witnessed the downfall of the flybe V1.
The brand is returning to former markets, but not the airline that operated previously but we can all have an opinion. I'm at least grateful that some former employees have the chance again to continue their careers.
Joined: Aug 2009
Posts: 1,150
Likes: 49
From: BMA
Not sure handling charges, etc will be lower than other operators already giving these companies business. If they are, they're low for a reason or they'll normalise pretty quickly.
I can't see how Flybe's costs will be lower than Eastern's, Loganair's or Emerald's costs. There can't be much in it even compared to easyJet or BA.
One of their competitors will have no legacy costs either. Others have profitable established routes/operations to help offset losses on competitive routes. Others have substantial cash reserves- with historic profitable operations.
I can't see how Flybe's costs will be lower than Eastern's, Loganair's or Emerald's costs. There can't be much in it even compared to easyJet or BA.
One of their competitors will have no legacy costs either. Others have profitable established routes/operations to help offset losses on competitive routes. Others have substantial cash reserves- with historic profitable operations.
Costs are unlikely to be that negotiable at LHR for a couple of Q400 a day. Handling agents there recently gave big pay rises too that will all cost money and LHR passenger fees are fairly high as well (and they are trying to raise them further). The starting price of fares barely covers the LHR passenger charge before you add plane, crew, overheads, administration, fuel, advertising etc.
On the other regional routes there is much more scope for flexibility and that should help but then IAG/Emerald might play rough and fight hard and I would imagine Emerald’s costs are lower (lower tax home base, more efficient younger fleet, PR and advertising shared with mainline, purchasing power of their larger partner).
Joined: Jun 2001
Posts: 867
Likes: 131
From: britain
Operational necessity?
You in your two iterations on Pprune were very well known as being a great Flybe 1 detractor as well as being a former employee. This is Flybe v2 please remember. Let's not set this thread on a downward slide YET AGAIN
You in your two iterations on Pprune were very well known as being a great Flybe 1 detractor as well as being a former employee. This is Flybe v2 please remember. Let's not set this thread on a downward slide YET AGAIN
Joined: Aug 2009
Posts: 1,150
Likes: 49
From: BMA
There is no rule that says only positive Flybe comments are allowed. It doesn’t mean it’s a downward slide just because you don’t like the views.
Guest
Posts: n/a
Indeed, but constantly sniping about how it isn't a new business (which in any event is untrue), or how it somehow isn't fair (it isn't, but it is legal!) is different from raising concerns or opinions as to why this that or the other route may or may not be viable. I completely share the opinions of those who believe that some of the routes planned into LHR look to be almost suicidal - I posted just that only this morning!
Joined: Jun 2001
Posts: 867
Likes: 131
From: britain
Your animosity towards me is reciprocated.
Spelling ok for you?
Last edited by bean; 29th March 2022 at 15:55.
Gender Faculty Specialist
Joined: Mar 2002
Aviation Qualifications: ATPL
Posts: 2,325
Likes: 432
From: In your head.
I can't see anything positive about operating a tiny little TP into Heathrow, especially when it may be "operationally necessary" to operate said TP inefficiently. So you will forgive me my negative opinion.
Joined: Aug 2009
Posts: 1,150
Likes: 49
From: BMA
I have no animosity towards you. I just don’t believe we need name calling, insinuations of fake accounts and constant upset if anyone posts anything other than glorious praise for Flybe2.
Administrator
Joined: Apr 2015
Aviation Qualifications: Military
Posts: 2,973
Likes: 1,612
From: The Gulf Coast
Dear bean
Dear BA318.
Let's take a breath, have a cup of tea, and please return to a civil discussion on the topic of this thread.
Thanks in advance.
T28B
Dear BA318.
Let's take a breath, have a cup of tea, and please return to a civil discussion on the topic of this thread.
Thanks in advance.
T28B
Joined: Apr 2003
Aviation Qualifications: PPL
Posts: 10,588
Likes: 805
From: Northumberland
On a serious note - what font is the Flybe website written in? It seems to struggle to correctly display certain lettters/numbers (especially g's and 9's - and especially when in the middle of prices!) , or is it just my computer?
Joined: Mar 2004
Posts: 823
Likes: 129
From: Dorset
This thread is permeated with the most passive-aggressive attitudes imaginable. It is not reassuring or helpful in any way as a reflection on the corporate culture prevailing in the "new" airline. It is probably doing more harm than good to the cause.
Joined: Jan 2006
Posts: 130
Likes: 11
From: UK
Thread Starter
Joined: Oct 2003
Posts: 473
Likes: 2
From: UK
That’s interesting as I felt quite the opposite when browsing - I felt it was simple to understand, clean, responsive and quick too. Far better than regional competitors. Sure it can be improved like anything, clearer guidance on when routes start when searching for flights etc but I think they’ve done a pretty good job. Does what it needs to for me.