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orange in the red (Merged)

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Old 7th May 2003, 20:55
  #21 (permalink)  
 
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The whole DBA thing perplexed me. I never did see the point in spending a lot of money to hold an option on a 737 operator with a high cost base when you are low cost operator in the process of moving over to A320!

GBP9.2million for NOTHING except bad PR does not sound like good business sense to me.
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Old 7th May 2003, 21:00
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Danger

WHAT A LOAD OF NONSENSE! GET A LIFE GETAFIX!

Loses were coming and we knew it due to a period of extra costs due to the merger and the state of the industry. Overhead was too big as it is after any merger.

More crew are needed still and more bases are opening so stop acting like a minor!
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Old 7th May 2003, 21:26
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Thumbs up

mmmh Good thing i left the Orange sect...
Bye bye disneyland...
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Old 7th May 2003, 22:09
  #24 (permalink)  
 
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These are a "profit making" airline's prices currently on the net.
I am taking up flyfishing instead of flying planes. The future's neither orange or harp, the future's non existent.


London-Stansted
Click a destination for full details of our low fare offer
Palermo £ FREE Jerez £ 1.50 Brescia £ 4.99
Pau (Pyrenees) £ FREE Esbjerg £ 2.50 Bologna (Forli) £ 4.99
Pisa £ FREE Derry £ 2.50 Newquay £ 4.99
Gothenburg £ FREE Milan (Bergamo) £ 2.50 Trieste £ 8.99
Stockholm (NYO) £ FREE Eindhoven £ 2.50 Ancona £ 8.99
Frankfurt-Hahn £ FREE Cork £ 4.99 Carcassonne £ 8.99
Venice Treviso £ 2.50 Dublin £ 4.99 Poitiers £ 8.99
Barcelona-Girona £ 1.50 Kerry £ 4.99 Alghero £ 8.99
St.Etienne (Lyon) £ 2.50 Brussels (Charleroi) £ FREE Brest £ 14.99
Glasgow £ 2.50 Ostend-Bruges £ FREE Stockholm (VST) £ 14.99
Aarhus £ 2.50 Haugesund £ FREE Knock £ 14.99
Rome (Ciampino) £ 2.50 Reims Champagne £ 4.99 Graz £ 14.99
Murcia £ 1.50 Rodez £ FREE Turin £ 14.99
N'mes £ 1.50 Strasbourg £ FREE Shannon £ 14.99
Groningen £ 2.50 Blackpool £ FREE Montpellier £ 18.99
Hamburg (Lübeck) £ FREE Limoges £ 4.99 La Rochelle £ 18.99
Malmo £ 2.50 Salzburg £ 4.99 Perpignan £ 18.99
Clermont-Ferrand £ FREE Klagenfurt £ 4.99 Biarritz £ 18.99
Maastricht £ FREE Tours (Loire Valley) £ 4.99 Pescara £ 18.99
Dusseldorf (Niederrhein) £ FREE Oslo (Torp) £ FREE Dinard (Britanny) £ 18.99
Altenburg £ FREE Genoa £ 4.99 Bergerac £ 18.99
Friedrichshafen £ FREE Berlin-Schonefeld £ 4.99
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Old 7th May 2003, 22:54
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cabin crew and ?????

GOFORUM bang on your correct.
Orangewing i dont know about your idea for cabin crew would you like them paid as consultant surgions???

they do absolutely nothing they are dressed like clownes and i dont mean their uniform,earings for the lads,all looking like george michael with their facial hair.........what else,they are rude to crew and most importantly pax.
because they think they are always wright... ha ha ha.!!!!
the list is endless.but i can say this much ezy's original cabin crew are much better behaved than most of the GO crew,i only can say their well CRM'd
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Old 7th May 2003, 22:58
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Of course, there are probably only one or two seats available at the above prices on each aeroplane.......... maybe even fewer than that!!!
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Old 7th May 2003, 23:07
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Red face

Sorry get a life what dose that mean???

Just asking what I think are valid questions when a company posts large losses or are you so scared to ask the same questions.

The feeling in wider arena is that easy is in trouble its summer time now easy should be in profit or at the very least heading that way.

Just remember easy took over a company that was in PROFIT or has that fact escaped you.
People have already been made redundant that has also escaped you.
You obviously have never been in that situation count your lucky stars.

Your aggressive nature is typical of what goes on in easy jet.

Only time will tell my dear Aviation Trainer!!!

Oh by the way take a look at Ryan air's figures available on their website aren’t they in the same industry nea the SAME sector!!!
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Old 7th May 2003, 23:28
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Which wider arena might that be? I only ask as their share price has in fact risen today, not by much, but if all the doom and gloom merchants were correct, the city would have bailed out big time this morning. The fact that UBS Warburg last week lowered expectations of the easyJet share price gave the City an early heads up and many probably took stock at that time. You might like to look at the share price trend before making comments not bourne out by facts.

Perhaps you might like to back up your assertion that crew are next and base closures with some facts.....
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Old 7th May 2003, 23:36
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Capt. Magoo, the point I was trying to make was that cabin crew at ej are paid far more than the market rate, especially considering that they don't actually have to do much compared to their colleagues in say the I.T market.
Apologies for not making myself clearer - and going off the thread!

Rgds
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Old 7th May 2003, 23:38
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The feeling in wider arena is that easy is in trouble its summer time now easy should be in profit or at the very least heading that way.
getafix,

In case Planet Zarg Daily didn't reach you, the figures are for the first half of the financial year - which does NOT include the summer !



And as for the insults about not knowing what we're doing etc :

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Old 7th May 2003, 23:57
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On Tuesday Mr O'Leary launched a highly critical advertising campaign highlighting what he called "lies" about EasyJet's fares. "We want to eliminate the idea that EasyJet is somehow a low-cost carrier. It isn't. Its average fares are 70% higher than ours," he said.

Yesterday, UBS Warburg, one of EasyJet's two brokers, added fuel to the fire by slashing its 2003 earnings forecast by 37% to 15.3p, citing concerns that EasyJet will be forced to cut prices in response to increased discounting on short-haul flights by traditional and charter airlines.

"EasyJet's problem right now is that in periods of weak travel demand - inefficient airlines take a long time to die," UBS Warburg explained in a note to clients. "We think there is a clear risk that the demand recovery is insipid and this allows the weak carriers to muddle through the summer and to continue to put pressure on pricing."

EasyJet ended 12.5p, or 6.2%, lower at 190p, while Ryanair eased 17p to 429p.

http://www.guardian.co.uk/airlines/s...943966,00.html

Well your in the know how are bookings for the summer coming on?
And what will be the yield is easy expected to return a profit for years end?

How are fuel prices effecting the operation?(Hedging)
Why is crew turnover higher that usual adding to training costs?

Are there positive efforts being made to reduce expenditure
i.e. Travel cost taxi's Hotac ect .

How is the low share price going to effect financing of new aircraft
and depth management?

In order to reduce losses what has to be done to stream line the operation?

What assets do easy have and can they be managed in a more effective way?

And what’s with the bullyboy tactics when some asks questions about his future and will they have a job in the next six months
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Old 8th May 2003, 00:53
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Getafix quote:

And what’s with the bullyboy tactics when some asks questions about his future and will they have a job in the next six months


So you work for easy then, then you will have access to most of the answers to the questions in your previous post
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Old 8th May 2003, 01:47
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I fly, only because of price, with Easy from Liverpool.
I find the check in staff and cabin crew to be unbearable.
On my last flight back from Barcelona the hostess would not allow me past the trolley to get back to my seat after visiting the loo. After 20 minutes I had to appeal to the other hostie to have a word with the trumped up b***h in front of the cart to let me through and back to my wife.
The whole lot seem exactly the same.
Who on earth trains these people to behave like such little hitlers?
Bring on the competition and let the custmer have a choice.
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Old 8th May 2003, 01:49
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The city must be getting very nervy about thier money or the lack there of.
Why did the share price go up by 5% today then?
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Old 8th May 2003, 02:01
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Why did the share price go down by 67% over the last year then?
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Old 8th May 2003, 02:12
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Devil

Wow 5% rise from less than 2 quid after having dropped 80% from £5.60+ in the last year!!!

The City is worried about eJ's hadling over the Go merger and the acquisition of Buses as the first Low cost carrier in the world.
eJ's own banker USB has downgraded their rating from hold to sell so even eJ's inhouse banker is bailing out.

Yield is now the lowest of any low cost carrier anywhere. The bubble has burst, eJ has now become a takeover target itself. The airline is worth less than 200 mill down from over a billion.

Might be a good investment for 3i? They could reinvest the 200 mill profit they made on the sale of Go.

Time to update the CV's??
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Old 8th May 2003, 02:18
  #37 (permalink)  
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two things that are helping FR to profits.

First is the way that they do not refund pax service charge and others. I was reading in the last week (have tried to locate source but failed) that this adds 10mill Euros to their balance sheet per annum.

Second, a small but simple thing, quoted from ABTN 28th April.
"RYANAIR has (quietly) reduced the baggage allowance on luggage to 15kg from the IATA standard of 20kg per passenger and is being very active in ensuring that passengers pay for any overweight suitcases. Ryanair charge £4 per kilo which for a typical 25kg heavyweight piece of luggage means an additional charge of £80 for a return trip. Most full service carriers are reasonably flexible with luggage of this weight and will not actually charge."

I have not been on EZY for nearly two years - no reason other than not going to places they serve - so I shall watch them carefully in two weeks time.
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Old 8th May 2003, 02:26
  #38 (permalink)  
 
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Cool

Ummm, aren't JetBlue all Airbus?

WWW
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Old 8th May 2003, 02:29
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Jet blue is a business class only operation and do not compete with the likes of Southwest so Jet blue is not a true low cost carrier.

That's why RB is starting Virgin Red on the East coast
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Old 8th May 2003, 02:52
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Funny, JetBlue call themselves a low cost airline on their own website:

our dream of creating a successful low-fare airline based in New York City.

WWW
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