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Flybe-V2

Old 26th Mar 2023, 14:37
  #1101 (permalink)  
 
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There have been frequent statements that the late delivery of the Q400s meant they couldn't build up fast enough and lacked scale, including in the administrator's report. It's rather hard to see how building up faster would have done anything other than burned even more money more quickly than they did.
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Old 26th Mar 2023, 16:43
  #1102 (permalink)  
 
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Well it was always going to be a struggle but what killed them off quick was the appalling inability to run flights on time - or even at all. There aren't a lot of flyers on soem of those destinations and word gets out very very quickly if there are problems.

And boy - were there problems.
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Old 26th Mar 2023, 16:54
  #1103 (permalink)  
 
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Originally Posted by Albert Hall
There have been frequent statements that the late delivery of the Q400s meant they couldn't build up fast enough and lacked scale, including in the administrator's report. It's rather hard to see how building up faster would have done anything other than burned even more money more quickly than they did.
Presumably, as has already been stated, because there were only 6 aircraft flying of which 5 were tasked with the preservation of the LHR/AMS slots and burning through the cash quickly as these routes could never be profitable on that size of aircraft. They needed the extra aircraft to come quickly in order to fly regional flying that actually could make money to absorb the losses incurred on the LHR slot play. All of which proved to be a fools errand in the end!
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Old 26th Mar 2023, 17:50
  #1104 (permalink)  
 
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Not sure whats left of the regional UK market is big to make enough cash to register a profit and absorb the sort of losses the existing route network was making.

The airline was losing around £48m - £60m a year - Loganair made £5m profit total last year!
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Old 26th Mar 2023, 19:46
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Originally Posted by TartinTon
Presumably, as has already been stated, because there were only 6 aircraft flying of which 5 were tasked with the preservation of the LHR/AMS slots and burning through the cash quickly as these routes could never be profitable on that size of aircraft. They needed the extra aircraft to come quickly in order to fly regional flying that actually could make money to absorb the losses incurred on the LHR slot play. All of which proved to be a fools errand in the end!
I get the point, but that is predicated on the assumption that any of the regional flying would work. Up against Emerald, BA and Aer Lingus (at the time) in BHD, KLM in Amsterdam, easyJet now running amok in BHD also, Loganair, Eastern and others - wasn't it simply a case that no matter what they did, anything worth doing was already being done by someone else and with very few exceptions, the only things left from Flybe 1.0 weren't worth doing?
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Old 26th Mar 2023, 22:32
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Originally Posted by Albert Hall
I get the point, but that is predicated on the assumption that any of the regional flying would work. Up against Emerald, BA and Aer Lingus (at the time) in BHD, KLM in Amsterdam, easyJet now running amok in BHD also, Loganair, Eastern and others - wasn't it simply a case that no matter what they did, anything worth doing was already being done by someone else and with very few exceptions, the only things left from Flybe 1.0 weren't worth doing?
That's the case now. It wasn't when they started and if the aircraft had arrived when they were supposed to, there were opportunities. All gone now, as per your comments, with the possible exceptions of BHX-GLA/EDI which are poorly served by Easy.
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Old 27th Mar 2023, 08:47
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Originally Posted by TartinTon
That's the case now. It wasn't when they started and if the aircraft had arrived when they were supposed to, there were opportunities. All gone now, as per your comments, with the possible exceptions of BHX-GLA/EDI which are poorly served by Easy.
Wasn't this basically BE 1.0's big problem? If they happened to stumble across a route that was a goldmine, Ryanair or easyJet would move in and clean up?
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Old 27th Mar 2023, 11:12
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Flybe 1 and to a lessor extent 2.0 where trying to be everything to all types of passengers. The cabin baggage charges at the end of flybe 1 really pushed the customers to the limit and now Emerald trying the same game. It won't end well.
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Old 27th Mar 2023, 16:32
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Originally Posted by cavokblues
Not sure whats left of the regional UK market is big to make enough cash to register a profit and absorb the sort of losses the existing route network was making.

The airline was losing around £48m - £60m a year - Loganair made £5m profit total last year!
What was Flybe 2's turnover? edit-- for calendar 22, it is 350,000 times sector revenue per pax.

Last edited by anothertyke; 27th Mar 2023 at 20:02.
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Old 3rd Apr 2023, 21:32
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whats this about BE 3.0 surely not?
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Old 3rd Apr 2023, 21:35
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Originally Posted by CabinCrewe
whats this about BE 3.0 surely not?
adminstrators doing what administrators do, seeing what they can get

Last edited by SWBKCB; 4th Apr 2023 at 05:40.
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Old 4th Apr 2023, 02:14
  #1112 (permalink)  
 
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Yes. Interesting but probably will not find out what it goes for at auction. The brand is only good for ash trays and legally changing it to flymaybe. Not even sure the social media element has value seeing as the airlines trustpilot rating never improved over V.1. 81% one star. Good work.
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Old 4th Apr 2023, 05:41
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Originally Posted by anothertyke
What was Flybe 2's turnover? edit-- for calendar 22, it is 350,000 times sector revenue per pax.
Interesting. What does this give as the total turnover figure for calendar 2022?
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Old 19th Feb 2024, 06:23
  #1114 (permalink)  
 
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Flybe website now showing a purple cover screen and the original logo of the MK1 company, with administration enquiries being redirected to Interpath's own site. Surely not another round of this. An administration report is due in the next few days if I understand correctly.
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Old 19th Feb 2024, 09:49
  #1115 (permalink)  
 
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Originally Posted by amyisraelchai
Surely not another round of this.
After two failures, Flybe as a brand/name is seriously damaged/tainted, so you'd like to think that nobody would be *that* crazy to want to resurrect it for a third outing, but the saying goes...“If at first you don't succeed, try, try again.”

I wonder if the AOC from Flybe 2.0 is still active/available and whether any new prospective Flybe 3.0 operation would be able to buy/use it, or would they have to do the same as what happened when Flybe 1.0 went into administration and obtain a fresh one (as Flybe 2.0 did...!) because I understand that AOCs are not usually allowed to be simply transferred over, particularly not Type A ones.
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Old 19th Feb 2024, 09:51
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I’m guessing the change to the website is more to do with the fact that 12 months have now elapsed since Flybe went into administration, so guidance for those who held bookings is now longer required.
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Old 19th Feb 2024, 10:17
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I seem to recall it having been offline for a considerable period (in the region of months) already - the use of the existing brand on a website no longer legally required is a little odd surely.
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Old 27th Mar 2024, 21:48
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Devon airline Flybe has finally been dissolved leaving £700m of debts unpaid. The Exeter-based carrier was at one time a million-passenger operation but it fell into administration in early 2020 and has now finally been wound up. Documents filed at Companies House reveal the firm, now called FBE Realisations 2021 Ltd, ceased to exist on March 18.
Administrators for FBE Realisations 2021 Ltd revealed in filed documents last October that there were more than 935,460 claims from unsecured creditors amounting to a jaw-dropping £684m. Following a hearing in the High Court a notice was sent to all creditors telling them they would not receive any money.
Investigations into all Flybe Ltd/FBE Realisations directors, shadow directors or de-facto directors, for their conduct in the three years before the administration, concluded and no action is being taken against them.
https://www.devonlive.com/news/devon...eaving-9180472



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Old 27th Mar 2024, 23:46
  #1119 (permalink)  
 
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What a fabulous job COW did...and she still manages to be employed...her interview technique is something that should be studied and bottled for vast sums of money.
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Old 28th Mar 2024, 16:41
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£684m is absolutely insane for a tiny carrier. Although is that for both incarnations of Flybe? Or just Mk. 2
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