Ryanair --> Buzz
Joined: Nov 1998
Posts: 2,135
Likes: 77
From: 🇬🇧🇪🇸
Changing times.....
Gee thanks Herod but I'll stay where I am (for now), even my luck can run out you know 
. BoxcarWilhomena ex Air Anglia eh ? A dying breed of top class aviators, don't you just miss those NWI-SVG flights counting the Consol dots/dashes and the noise of those Darts!
Looking forward to hearing the news from the 10:00 briefing with MO'L, keep us posted folks.
. BoxcarWilhomena ex Air Anglia eh ? A dying breed of top class aviators, don't you just miss those NWI-SVG flights counting the Consol dots/dashes and the noise of those Darts!Looking forward to hearing the news from the 10:00 briefing with MO'L, keep us posted folks.
Joined: Nov 1998
Posts: 2,135
Likes: 77
From: 🇬🇧🇪🇸
Hmmm, UK AOC stays but for how long? Will the existing buzz AOC postholders remain in place, or be replaced?
CDG & FRA dropped, no surprises there but I thought BOH stood a good chance of surviving
.
Any mention of pensions?
CDG & FRA dropped, no surprises there but I thought BOH stood a good chance of surviving
.Any mention of pensions?
Joined: Feb 2003
Posts: 31
Likes: 0
From: UK
BOH Buzz
thanks. guess we'll see what happens at this press conference tomorrow. Have just rung buzz helpline and they say all BOH flights temporarily suspended
Last edited by rumflier; 3rd February 2003 at 16:04.
Joined: Jan 2002
Posts: 121
Likes: 0
From: south central
Such a pity for BOH. Plus with over 70,000 ticket sales already (nearly 20% of available seats) still with 9 weeks left to book.
Malaga, Murcia and Bergerac were filling up fast and already with some flights full. Might leave the door open for another carrier to move in after seeing the potential and obvious appetite for low cost from the area.
With around 4 million people living within a 1 and a half hours drive. Boh makes a good mini base, as FR already know from their 3 routes.
Maybe next time BOH.
Malaga, Murcia and Bergerac were filling up fast and already with some flights full. Might leave the door open for another carrier to move in after seeing the potential and obvious appetite for low cost from the area.
With around 4 million people living within a 1 and a half hours drive. Boh makes a good mini base, as FR already know from their 3 routes.
Maybe next time BOH.
"Mildly" Eccentric Stardriver
Joined: Jan 2000
Aviation Qualifications: ATP+Mil
Posts: 4,332
Likes: 486
From: England
Yes, BOH base will not happen, the aircraft are required for new routes out of STN. Several routes to go, including FRA and CDG, with increased frequency on others. 146's to be replaced by 737, but which mark still not finalised. Company remains seperate from Ryan, with its own AOC. All existing Ts and Cs to remain for the time being, but approx 100 redundancies expected, primarily office and support staff. More will be known by the end of the month.
Joined: Feb 2003
Posts: 31
Likes: 0
From: UK
looks like ryanair aren't suffering, but what now for buzz..... news this morning:
PROFITS UP 50% AS RYANAIR HITS NEW HEIGHTS
Budget airline Ryanair soared to record-breaking heights in the third quarter of last year, figures from the no-frills company showed today.
During the period to the end of December, the Irish-owned carrier recorded its highest passenger traffic totals and profit growth.
Passenger numbers went up by 46% throughout the three months, to 3.9 million, following an 8% cut in fares, including a million free seats promotional offer in October. Revenues increased by 37%, while operating costs dipped by 28%.
The airline said today: "As a result, Ryanair's revenues after tax margins, during the worst quarter in the year, increased from 21% to 23%, and net profit increased by 50% to £28.5 million (43.2 million euros).
Today's figures capped a spectacular few days for Ryanair.
At the end of last week, it made its first rival airline acquisition, buying low-fare Buzz from the Dutch carrier KLM for £15 million (23 million euros) and soon afterwards confirmed the purchase of 100 Boeing 737-800 jets at a book value of £3.6 billion (5.5 billion euros).
Chief executive Michael O'Leary said of today's returns: "These are another good set of numbers which result from the disciplined way we are rolling out our low fares all over Europe.
"They again highlight the difference between Ryanair and other so-called `low fare' carriers in Europe. We continue to earn increasing profits even during the winter period when others have confirmed that they will suffer losses.
"Ryanair's reducing cost base enables us to continue to drive down air fares. Lower fares mean higher load factors on our new larger aircraft, whose lower operating costs in turn result in increased profits.
"This is a virtuous cycle of lower costs, lower fares, faster growth and increasing profits.
"No other airline in Europe can match Ryanair's low fares and the gap between Ryanair's prices and the rest continues to widen. ''
Mr O'Leary added: "We continue to be surrounded by opportunities. The average load factor on our four new routes from Frankfurt Hahn in December was over 80%.
"Advance bookings at our new Milan Bergamo base, which starts on February 6, suggest that load factors for the first month will be in the very high 70s if not 80% as well, and the initial customer response to our ninth European base at Stockholm Skavsta, which we announced last Tuesday, has been very encouraging.
"Based on our estimates for the final quarter, we are now raising our guidance for the full year to £155 million (235 million euros) net profit after tax.''
Mr O'Leary also said Ryanair was continuing to limit any risks associated with its capacity growth by spreading it across the network, launching new bases, new routes from existing bases, and increasing frequency on existing routes.
"All of this growth justifies our 100 new aircraft order which was announced last Friday.
"With worldwide aircraft orders now significantly down, there has never been a better time to buy new aircraft.
"We are proud to extend our partnership with Boeing, the maker of the world's most popular and best commercial aircraft, the Boeing 737.
"By ordering a total of 125 firm and 125 option aircraft, we can begin the replacement of the 737-200 series, and maintain further organic growth across Europe as we transform Ryanair into the airline with the youngest fleet in Europe, in addition to being the most punctual, which we already are, and the lowest cost, which we already are.''
He added: "The purchase of Buzz for the insignificant net cash sum of under £3.3 million (5 million euros), which was also announced last week, was an opportunity too good to miss.
"We will be eliminating a number of Buzz's loss-making routes in order to allocate some of the aircraft to increase frequency on existing Buzz routes from London Stansted.
"The combination of Ryanair's low fares and more efficient airports, as well as the conversion of Buzz into an all-737 operator over the next 12 months, will result in the Buzz operation becoming profitable for the first time as we double its traffic from under two million.
"We are aware that some commentators fear that we are biting off more than we can chew. We are conscious of this but one cannot always control the timing of opportunities that present themselves.
"However, the purchase price made this deal, in our view, a very attractive proposition. Fortune favours the brave.
"With the addition of the Buzz traffic, and Ryanair's own organic growth, we expect to carry up to 24 million passengers in the coming fiscal year, a figure that would see Ryanair challenge Air France for the position of Europe's third largest international scheduled airline.
"We have the low fares formula, the people and the unrelenting determination to achieve these targets, by delivering disciplined, profitable, low fares growth to millions and millions of European consumers.''
PROFITS UP 50% AS RYANAIR HITS NEW HEIGHTS
Budget airline Ryanair soared to record-breaking heights in the third quarter of last year, figures from the no-frills company showed today.
During the period to the end of December, the Irish-owned carrier recorded its highest passenger traffic totals and profit growth.
Passenger numbers went up by 46% throughout the three months, to 3.9 million, following an 8% cut in fares, including a million free seats promotional offer in October. Revenues increased by 37%, while operating costs dipped by 28%.
The airline said today: "As a result, Ryanair's revenues after tax margins, during the worst quarter in the year, increased from 21% to 23%, and net profit increased by 50% to £28.5 million (43.2 million euros).
Today's figures capped a spectacular few days for Ryanair.
At the end of last week, it made its first rival airline acquisition, buying low-fare Buzz from the Dutch carrier KLM for £15 million (23 million euros) and soon afterwards confirmed the purchase of 100 Boeing 737-800 jets at a book value of £3.6 billion (5.5 billion euros).
Chief executive Michael O'Leary said of today's returns: "These are another good set of numbers which result from the disciplined way we are rolling out our low fares all over Europe.
"They again highlight the difference between Ryanair and other so-called `low fare' carriers in Europe. We continue to earn increasing profits even during the winter period when others have confirmed that they will suffer losses.
"Ryanair's reducing cost base enables us to continue to drive down air fares. Lower fares mean higher load factors on our new larger aircraft, whose lower operating costs in turn result in increased profits.
"This is a virtuous cycle of lower costs, lower fares, faster growth and increasing profits.
"No other airline in Europe can match Ryanair's low fares and the gap between Ryanair's prices and the rest continues to widen. ''
Mr O'Leary added: "We continue to be surrounded by opportunities. The average load factor on our four new routes from Frankfurt Hahn in December was over 80%.
"Advance bookings at our new Milan Bergamo base, which starts on February 6, suggest that load factors for the first month will be in the very high 70s if not 80% as well, and the initial customer response to our ninth European base at Stockholm Skavsta, which we announced last Tuesday, has been very encouraging.
"Based on our estimates for the final quarter, we are now raising our guidance for the full year to £155 million (235 million euros) net profit after tax.''
Mr O'Leary also said Ryanair was continuing to limit any risks associated with its capacity growth by spreading it across the network, launching new bases, new routes from existing bases, and increasing frequency on existing routes.
"All of this growth justifies our 100 new aircraft order which was announced last Friday.
"With worldwide aircraft orders now significantly down, there has never been a better time to buy new aircraft.
"We are proud to extend our partnership with Boeing, the maker of the world's most popular and best commercial aircraft, the Boeing 737.
"By ordering a total of 125 firm and 125 option aircraft, we can begin the replacement of the 737-200 series, and maintain further organic growth across Europe as we transform Ryanair into the airline with the youngest fleet in Europe, in addition to being the most punctual, which we already are, and the lowest cost, which we already are.''
He added: "The purchase of Buzz for the insignificant net cash sum of under £3.3 million (5 million euros), which was also announced last week, was an opportunity too good to miss.
"We will be eliminating a number of Buzz's loss-making routes in order to allocate some of the aircraft to increase frequency on existing Buzz routes from London Stansted.
"The combination of Ryanair's low fares and more efficient airports, as well as the conversion of Buzz into an all-737 operator over the next 12 months, will result in the Buzz operation becoming profitable for the first time as we double its traffic from under two million.
"We are aware that some commentators fear that we are biting off more than we can chew. We are conscious of this but one cannot always control the timing of opportunities that present themselves.
"However, the purchase price made this deal, in our view, a very attractive proposition. Fortune favours the brave.
"With the addition of the Buzz traffic, and Ryanair's own organic growth, we expect to carry up to 24 million passengers in the coming fiscal year, a figure that would see Ryanair challenge Air France for the position of Europe's third largest international scheduled airline.
"We have the low fares formula, the people and the unrelenting determination to achieve these targets, by delivering disciplined, profitable, low fares growth to millions and millions of European consumers.''
Joined: Sep 2001
Posts: 30
Likes: 0
From: London
Reuters story....
LONDON, Feb 4 (Reuters) - Fast-expanding Irish no-frills airline Ryanair Holdings Plc <RYA.I> <RYA.L> said on Tuesday it would close down its newly acquired rival Buzz if staff there did not agree to adopt its low-cost airline labour practices.
Chief Executive Michael O'Leary told an analysts' briefing that up to 100 jobs could go at Buzz, and that he expected the rest of the operator's work force would agree to Ryanair's way of working.
"What happens if it blows up in our face? We will close it down, but we will still have the slots," O'Leary said.
((Reporting by Daniel Morrissey, Reuters Messaging: [email protected]; email: [email protected]; phone +44 20 7542 2769))
Tuesday, 4 February 2003 11:03:31
RTRS
LONDON, Feb 4 (Reuters) - Fast-expanding Irish no-frills airline Ryanair Holdings Plc <RYA.I> <RYA.L> said on Tuesday it would close down its newly acquired rival Buzz if staff there did not agree to adopt its low-cost airline labour practices.
Chief Executive Michael O'Leary told an analysts' briefing that up to 100 jobs could go at Buzz, and that he expected the rest of the operator's work force would agree to Ryanair's way of working.
"What happens if it blows up in our face? We will close it down, but we will still have the slots," O'Leary said.
((Reporting by Daniel Morrissey, Reuters Messaging: [email protected]; email: [email protected]; phone +44 20 7542 2769))
Tuesday, 4 February 2003 11:03:31
RTRS
Joined: Nov 2002
Posts: 338
Likes: 0
From: uk
Bournemouth Buzz off
From Local papers
AROUND 55,000 holiday-makers could be left in the lurch today amid fears that planned Buzz flights from Bourne-mouth could be scrapped by new owner Ryanair.
Confusion reigned as yesterday as as customers trying to book flights to Amsterdam, Bergerac, Malaga and other destinations were told all Bournemouth Buzz sales had been "temporarily suspended" - and people who have already bought tickets would have to "wait and see" if the services will still go ahead.
The cheap flights, due to start at the end of next month, were expected to bring 200 new jobs and form a key part of the airport's much-heralded 2003 expansion plans, but even airport managing director, Glyn Jones, has been left in the dark.
And, if the worst fears are realised at a Ryanair press conference, in London this morning, he is urging every single ticket-holder to fight for their right to fly.
"The fact that 55,000 people have already booked seats demonstrates the huge demand there is. People in this part of the UK have waited a long time for a significant low-cost operator," he said.
"We would all like Ryanair to continue that, and I would encourage every ticket-holder to make their feelings known."
Ryanair remained tight-lipped on its future plans ahead of today's meeting, but it has already warned it will "rationalise" Buzz by shutting down high-cost, unprofitable routes.
Just two weeks ago, Bournemouth International Airport opened a brand new departure lounge, specifically designed and built to handle the 750,000 annual increase in passengers which the new routes - due to begin at the end of next month - were expected to bring.
But the shock announcement of Ryanair's £16 million takeover of Buzz at the weekend sparked fears that some of the more pricey services to Paris, Murcia and Malaga could be axed - and worried passengers have been unable to get a straight answer in the days since.
Claire Freeman, of Kinson, and friends have booked 12 return tickets to the Spanish sunshine resort of Malaga at the end of May, and they are becoming increasingly concerned about the fate of their holiday plans.
"We just don't know what is going on - every time we have rung Buzz or Ryanair we just get fobbed off, and told to call back later in the month," she said.
A Buzz spokesman told the Echo to contact Ryanair, which declined to comment ahead of today's meeting.
For full details on this and other stories, why not
AROUND 55,000 holiday-makers could be left in the lurch today amid fears that planned Buzz flights from Bourne-mouth could be scrapped by new owner Ryanair.
Confusion reigned as yesterday as as customers trying to book flights to Amsterdam, Bergerac, Malaga and other destinations were told all Bournemouth Buzz sales had been "temporarily suspended" - and people who have already bought tickets would have to "wait and see" if the services will still go ahead.
The cheap flights, due to start at the end of next month, were expected to bring 200 new jobs and form a key part of the airport's much-heralded 2003 expansion plans, but even airport managing director, Glyn Jones, has been left in the dark.
And, if the worst fears are realised at a Ryanair press conference, in London this morning, he is urging every single ticket-holder to fight for their right to fly.
"The fact that 55,000 people have already booked seats demonstrates the huge demand there is. People in this part of the UK have waited a long time for a significant low-cost operator," he said.
"We would all like Ryanair to continue that, and I would encourage every ticket-holder to make their feelings known."
Ryanair remained tight-lipped on its future plans ahead of today's meeting, but it has already warned it will "rationalise" Buzz by shutting down high-cost, unprofitable routes.
Just two weeks ago, Bournemouth International Airport opened a brand new departure lounge, specifically designed and built to handle the 750,000 annual increase in passengers which the new routes - due to begin at the end of next month - were expected to bring.
But the shock announcement of Ryanair's £16 million takeover of Buzz at the weekend sparked fears that some of the more pricey services to Paris, Murcia and Malaga could be axed - and worried passengers have been unable to get a straight answer in the days since.
Claire Freeman, of Kinson, and friends have booked 12 return tickets to the Spanish sunshine resort of Malaga at the end of May, and they are becoming increasingly concerned about the fate of their holiday plans.
"We just don't know what is going on - every time we have rung Buzz or Ryanair we just get fobbed off, and told to call back later in the month," she said.
A Buzz spokesman told the Echo to contact Ryanair, which declined to comment ahead of today's meeting.
For full details on this and other stories, why not
Joined: Oct 2002
Posts: 24
Likes: 0
From: London
From the Buzz website...
buzz network changes - Bournemouth routes cancelled
Further to KLM’s announcement on Friday regarding the sale of buzz to Ryanair,
an immediate decision has been made to cancel the buzz contract with Bournemouth Airport.
As a result of this, all flights from Bournemouth, which were due to launch on 30 March 2003,
have been taken off sale.
Flyers already booked to travel on these services will be contacted shortly by Ryanair.
That'll be fingers up to all those who have booked onto the planned flights then...
buzz network changes - Bournemouth routes cancelled
Further to KLM’s announcement on Friday regarding the sale of buzz to Ryanair,
an immediate decision has been made to cancel the buzz contract with Bournemouth Airport.
As a result of this, all flights from Bournemouth, which were due to launch on 30 March 2003,
have been taken off sale.
Flyers already booked to travel on these services will be contacted shortly by Ryanair.
That'll be fingers up to all those who have booked onto the planned flights then...
Joined: Jan 2000
Posts: 677
Likes: 0
You do have to question KLM's negotiating skills on this. I know they are strapped for cash - as they need to pay Alitalia over the split of their alliance - but the more you hear O'Leary bleating on about this the more you realise what a small price he had to pay for the slots at STN and the AOC.
Joined: Aug 1998
Posts: 2,033
Likes: 14
From: London, UK
Now that Ryanair have cancelled all the new Buzz routes from BOH let's hope that Palmair step in to fill the gap. After all Bath Travel, who now own European who provide the Palmair aircraft, were the local sales agent for Buzz so have an excellent picture of the current marketplace out of BOH. And Palmair were going to start a low-cost airline out of BOH until Buzz came along - and now Buzz has gone.
Joined: Jun 2002
Posts: 87
Likes: 0
From: Liverpool
Can BOH sue buzz?
Hello
Is says on the Buzz website the agreement between BOH and Buzz has been cancelled-if this is the case can Bournmouth Interational Airport sue Ryanair/Buzz for this?-this could get compensation for money spent on expanding the terminal facilities and check-in facilities for the arrival of Buzz-if they can take legal action I certainly think they should.
Luke
Is says on the Buzz website the agreement between BOH and Buzz has been cancelled-if this is the case can Bournmouth Interational Airport sue Ryanair/Buzz for this?-this could get compensation for money spent on expanding the terminal facilities and check-in facilities for the arrival of Buzz-if they can take legal action I certainly think they should.
Luke
Joined: Nov 2002
Posts: 338
Likes: 0
From: uk
From Buzz Website...
From Buzz Website...
04 February 2003
buzz network changes - Bournemouth routes cancelled
Further to KLM’s announcement on Friday regarding the sale of buzz to Ryanair,
an immediate decision has been made to cancel the buzz contract with Bournemouth Airport.
As a result of this, all flights from Bournemouth, which were due to launch on 30 March 2003,
have been taken off sale.
Flyers will be up-dated on 28th February regarding refunds and rebooking information.
-------------------------------------------------------------------------------------------------------------------
Why do we have to wait until 28 February ,sitting around stewing waiting until see if we are going on holiday.
Im going to check flights with EASY JET before the other 55,000
passengers from bournemouth do...
Palmair/Bath Travel please step in, the door is open.
04 February 2003
buzz network changes - Bournemouth routes cancelled
Further to KLM’s announcement on Friday regarding the sale of buzz to Ryanair,
an immediate decision has been made to cancel the buzz contract with Bournemouth Airport.
As a result of this, all flights from Bournemouth, which were due to launch on 30 March 2003,
have been taken off sale.
Flyers will be up-dated on 28th February regarding refunds and rebooking information.
-------------------------------------------------------------------------------------------------------------------
Why do we have to wait until 28 February ,sitting around stewing waiting until see if we are going on holiday.
Im going to check flights with EASY JET before the other 55,000
passengers from bournemouth do...
Palmair/Bath Travel please step in, the door is open.
Joined: Oct 2002
Posts: 142
Likes: 0
From: where ever I lay my head
KLM strapped for cash??? Not really they have over 1 billion available.. That is why AF / BA etc want to talk to them...
They wanted to keep a cash pile and a €30 million a year losing operation does not fit in that picture
They wanted to keep a cash pile and a €30 million a year losing operation does not fit in that picture
Joined: Jan 2002
Posts: 121
Likes: 0
From: south central
BOH wont sue Ryanair because FR will put around 300,000 PAX through BOH in 2003 accounting for around 55% of PAX numbers. They certainly dont want to tick them off.
Eurostar, I wont be travelling Easy from Gatwick as the coach takes three + hours including a change at Heathrow. Not worth the effort.
So much for low fares at SOU. Flybe to Amsterdam is £142 for the dates I booked for BUZZ and they use a Dash8.
Still with all the publicity that this has got it must be making other LC look at opening up at BOH. BBC reported that 95,000 tickets had been sold. That was 30% of bookable seats, not bad eh!
Eurostar, I wont be travelling Easy from Gatwick as the coach takes three + hours including a change at Heathrow. Not worth the effort.
So much for low fares at SOU. Flybe to Amsterdam is £142 for the dates I booked for BUZZ and they use a Dash8.
Still with all the publicity that this has got it must be making other LC look at opening up at BOH. BBC reported that 95,000 tickets had been sold. That was 30% of bookable seats, not bad eh!