Flybe-V2
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Another interesting post:
”Statistics provided by the UK CAA reveal how the airline’s monthly load factor has only once exceeded 60%, and that was in its first month, when the airline’s re-launch received plenty of (free) publicity. Since then, the airline has struggled to get above 55%. In 2019, the year before the original airline failed, it was achieving load factors well above 70%.”
https://airserviceone.com/flybe-susp...ajor-carriers/
”Statistics provided by the UK CAA reveal how the airline’s monthly load factor has only once exceeded 60%, and that was in its first month, when the airline’s re-launch received plenty of (free) publicity. Since then, the airline has struggled to get above 55%. In 2019, the year before the original airline failed, it was achieving load factors well above 70%.”
https://airserviceone.com/flybe-susp...ajor-carriers/
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"The administrator, Interpath Advisory, said Flybe had struggled to withstand a number of shocks since its relaunch last year, but highlighted the late delivery of 17 aircraft from lessors, which severely compromised its efforts to build back capacity and remain competitive."
Who on Earth writes this garbage without first doing some homework and investigation? A quick scan of 'Planespotters' will show that at least 6 aircraft have been moved on to other operators and another tranche (of the original 54 no-less) are being turned into Water Bombers!
"Flybe staff said they were informed the delays were down to the aircraft requiring “significant repair work” after they had been recovered from the original Flybe collapse in 2020. Delays were made worse by replacement parts’ supply chain problems lengthening the time it took finish repairs, they were told."
Yep, blame lessors and maintenance for the poor business model that was losing £5m a month!
Who on Earth writes this garbage without first doing some homework and investigation? A quick scan of 'Planespotters' will show that at least 6 aircraft have been moved on to other operators and another tranche (of the original 54 no-less) are being turned into Water Bombers!
"Flybe staff said they were informed the delays were down to the aircraft requiring “significant repair work” after they had been recovered from the original Flybe collapse in 2020. Delays were made worse by replacement parts’ supply chain problems lengthening the time it took finish repairs, they were told."
Yep, blame lessors and maintenance for the poor business model that was losing £5m a month!
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"The administrator, Interpath Advisory, said Flybe had struggled to withstand a number of shocks since its relaunch last year, but highlighted the late delivery of 17 aircraft from lessors, which severely compromised its efforts to build back capacity and remain competitive."
Who on Earth writes this garbage without first doing some homework and investigation? A quick scan of 'Planespotters' will show that at least 6 aircraft have been moved on to other operators and another tranche (of the original 54 no-less) are being turned into Water Bombers!
"Flybe staff said they were informed the delays were down to the aircraft requiring “significant repair work” after they had been recovered from the original Flybe collapse in 2020. Delays were made worse by replacement parts’ supply chain problems lengthening the time it took finish repairs, they were told."
Yep, blame lessors and maintenance for the poor business model that was losing £5m a month!
Who on Earth writes this garbage without first doing some homework and investigation? A quick scan of 'Planespotters' will show that at least 6 aircraft have been moved on to other operators and another tranche (of the original 54 no-less) are being turned into Water Bombers!
"Flybe staff said they were informed the delays were down to the aircraft requiring “significant repair work” after they had been recovered from the original Flybe collapse in 2020. Delays were made worse by replacement parts’ supply chain problems lengthening the time it took finish repairs, they were told."
Yep, blame lessors and maintenance for the poor business model that was losing £5m a month!
Depends if they'd made those payment before they pulled the plug...
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"The administrator, Interpath Advisory, said Flybe had struggled to withstand a number of shocks since its relaunch last year, but highlighted the late delivery of 17 aircraft from lessors, which severely compromised its efforts to build back capacity and remain competitive."
Who on Earth writes this garbage without first doing some homework and investigation? A quick scan of 'Planespotters' will show that at least 6 aircraft have been moved on to other operators and another tranche (of the original 54 no-less) are being turned into Water Bombers!
"Flybe staff said they were informed the delays were down to the aircraft requiring “significant repair work” after they had been recovered from the original Flybe collapse in 2020. Delays were made worse by replacement parts’ supply chain problems lengthening the time it took finish repairs, they were told."
Yep, blame lessors and maintenance for the poor business model that was losing £5m a month!
Who on Earth writes this garbage without first doing some homework and investigation? A quick scan of 'Planespotters' will show that at least 6 aircraft have been moved on to other operators and another tranche (of the original 54 no-less) are being turned into Water Bombers!
"Flybe staff said they were informed the delays were down to the aircraft requiring “significant repair work” after they had been recovered from the original Flybe collapse in 2020. Delays were made worse by replacement parts’ supply chain problems lengthening the time it took finish repairs, they were told."
Yep, blame lessors and maintenance for the poor business model that was losing £5m a month!
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Lots of talk about slots on here - but is LHR again slot-constrained after the pandemic? The reason why slots at LHR have traditionally been seen as a goldmine was that there were no slots available from the slot pool (other than useless "moonlight slots"). Is that the case again? Plus another issue is that serious money is usually paid for slots suitable for long-haul ops. This is not necessarily the case when slots used by a short-haul operator become available as those slots may not allow for sufficient ground-time or are at unsuitable ime of the day. So those slots may have some value but not necessarily as much as many would hope.
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Lots of talk about slots on here - but is LHR again slot-constrained after the pandemic? The reason why slots at LHR have traditionally been seen as a goldmine was that there were no slots available from the slot pool (other than useless "moonlight slots"). Is that the case again? Plus another issue is that serious money is usually paid for slots suitable for long-haul ops. This is not necessarily the case when slots used by a short-haul operator become available as those slots may not allow for sufficient ground-time or are at unsuitable ime of the day. So those slots may have some value but not necessarily as much as many would hope.
While they might not be ideal slots, a large batch which can be mixed and swapped with others to create a good combination will have some value.
Join Date: Sep 2012
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I must admit, despite this being incredibly sad for all of the staff involved, that this was to be expected.
I travelled on business on the LHR-NCL route twice and NCL-LHR once in the short time the route was operating. At no point, was the load factor higher than 13. Even on one flight, the crew member I spoke to said they were advised it was to hold the LHR slot. For an airline losing £5m per month and continuing to do this is completely negligent. They were around 40% load factor on BHD-NCL-BHD but the whole rotation must have been losing them £100k per week, at the very least.
in terms of my previous post about compensation, there are a number of people who has been chasing compensation payments that were exceeding 90 days. There are also other stories of those who travelled with Flybe regularly who had numerous flights cancelled and hadn’t received the refunds for these either.
in terms of a buyout, as I can see the administrators are encouraging this, no serious operator or investor will touch this operation with a barge pole.
I travelled on business on the LHR-NCL route twice and NCL-LHR once in the short time the route was operating. At no point, was the load factor higher than 13. Even on one flight, the crew member I spoke to said they were advised it was to hold the LHR slot. For an airline losing £5m per month and continuing to do this is completely negligent. They were around 40% load factor on BHD-NCL-BHD but the whole rotation must have been losing them £100k per week, at the very least.
in terms of my previous post about compensation, there are a number of people who has been chasing compensation payments that were exceeding 90 days. There are also other stories of those who travelled with Flybe regularly who had numerous flights cancelled and hadn’t received the refunds for these either.
in terms of a buyout, as I can see the administrators are encouraging this, no serious operator or investor will touch this operation with a barge pole.
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They have no value to Flybe administrators or their creditors as they can’t be sold on
They return to BA(IAG) pool until someone else wants to try Aberdeen Edinburgh Nice Moscow Cairo or Saudi or convince the regulators to vary the GBNI/EU points
Technically the GBNI/EU variation should only come into play after 6 completed IATA scheduled seasons however Flybe 2.0 somehow managed to convince the regulators somewhat earlier due to prior ops of Flybe 1.Moscow is also off the table for other reasons right now
Caveat Nice may have been removed from the list as AirFrance now compete with a daily domestic configured 320 each morning a route they codeshared with bmi back in the day
Last edited by Rutan16; 30th Jan 2023 at 12:45.
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It doesn’t matter all were BA remedy slots ! They have no value to Flybe administrators or their creditors as they can’t be sold on. They return to BA(IAG) pool until someone else wants to try Aberdeen Edinburgh Nice Moscow Cairo or Saudi or convince the regulators to vary the GBNI/EU points
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The only thing I will say here is that it is very noticeable that no one is talking about a gap in the market and an opportunity now that flybe has gone bust again. To me that is telling, the market is in recovery mode and the strongest survivors will have to work hard to make money. Loganair has 60 years and a brand that even though it was subsumed as BA then later flybe is still very strong and came back well, and Emerald of course has Aer Lingus. Alongside whetever Eastern is doing this week, that's probably going to be a good presence until the next boom in air travel IMHO.
As to flybe2, the most telling line was the Administrators saying that if anyone wants the LHR slots they'd have to buy a bankrupt airline. I suspect that was the #CunningMasterplan all along, be a massive pain in the a*** to the competition so they'd buy you out just for some sanity.
As to flybe2, the most telling line was the Administrators saying that if anyone wants the LHR slots they'd have to buy a bankrupt airline. I suspect that was the #CunningMasterplan all along, be a massive pain in the a*** to the competition so they'd buy you out just for some sanity.
Last edited by Skipness One Foxtrot; 30th Jan 2023 at 14:52.
As to flybe2, the most telling line was the Administrators saying that if anyone wants the LHR slots they'd have to buy a bankrupt airline. I suspect that was the #CunningMasterplan all along, be a massive pain in the a*** to the competition so they'd buy you out just for some sanity.
