PPRuNe Forums

PPRuNe Forums (https://www.pprune.org/)
-   Airlines, Airports & Routes (https://www.pprune.org/airlines-airports-routes-85/)
-   -   BMI (https://www.pprune.org/airlines-airports-routes/311882-bmi.html)

Little Blue 19th Mar 2008 10:30

I'm amazed that some people actually believe this crap.
I'm more amazed that I'm bothering to reply to it !
Ryanair? I'd rather swim than fly with those monkeys !

uklad007 19th Mar 2008 11:48

As someone with an accounting background I would be extremly surprised if Baby goes "bust", am not saying they wont close it nor am i saying they wont sell it - truth be told I dont know - but they wont declare bankruptcy as I imagine the structure of the company is that its under group ownership and if you bankrupt one part of the business when the remainder is solvent/profitable it brings a whole host of problems for the rest of the group - if its a standalone separate from the group its a possibility but I cant honestly imagine this is an option at all and isnt a rumour which really should be spread about as it isnt very helpful. You only need a rumour like this to get out into the wider community to instill panic in both employees and consumers - look at Northern Rock and the run on the bank with the panic there!

G-AWZK 19th Mar 2008 13:07

I have it on good authority that this thread is a buch of hokum and that BMi Baby are doing very well thank you very much.

Ryanair can go shove their sausagefingers where the sun doesnt shine.

bcn_boy 19th Mar 2008 13:43

bmi demise
 
to those of you who would like to see the demise of bmibaby, how short sighted! If all other UK loco's go under in the UK, this will clearly be of benefit to Ryan and Easy but the ones who will suffer will be the consumers. Reduced competition in the industry will force these two loco's to ramp up their prices for all us fare paying passengers. They will be low on frills but high on price.

Skipness One Echo 19th Mar 2008 14:32


bmi sold off its british midland handling operation 8 years ago
Wasn't that the MAS Midland Airport Service operation that was sold to Aviance ? I know BMI have their own passenger handling peeps at GLA, EDI and LHR at least, which is more than BA have !

Hudson Bay 19th Mar 2008 16:03

ATI are now talking about bmibaby going bust.

I can understand why rumours of bmibaby going bust are making their way around the aviation world when all the management at baby talk of tough times and that their is no money in the pot to pay a profit share for the second year running. Now it doesn't look like there will be one next year either, judging by what management tell you at tiny town.

This is the problem when you have profit share schemes. If the companies don't pay one it fuels speculation that all is not well.

mmeteesside 19th Mar 2008 16:37

bmi are now handled by Servisair at MME as Aviance recently departed

Flypuppy 19th Mar 2008 17:36


ATI are now talking about bmibaby going bust.
There are no indications AT ALL that there is any validity to these rumours. It would be interesting to know where ATI have sourced that particular nugget of information. If it is uncorroborated rumour recycling then my respect for that organisation will slip a notch or two.

If anything, the information I have from a very reliable source is quite the opposite. BMI Baby are more likely to expand their operations rather than wind anything down.


This is the problem when you have profit share schemes. If the companies don't pay one it fuels speculation that all is not well.
Companies often go through periods where the profit level does not met the minimum criteria for paying out a profit share scheme. This sort of scheme is a bonus, it is not a mandated payment that must be paid every year. Only the poorly informed would assume that things are not well because there is no profit related bonus. For example, an airline I am intimately acquainted with turned a healthy gross profit, but by the time they finished provisioning for new aircraft and other "crystal ball" events the net profit - which the bonus is based on - was below the trigger threshold. The company, however, is very healthy and expanding.

Perish the thought that another lo-co airline might use this website to seed negative rumours about a competitor... :hmm:

RhysD 28th Mar 2008 00:50

Aircraft Ownership
 
PPRuNers, currently doing a project about the British Midland Fleet and was wondering if anybody knows the ownership status of MEDL, MEDM, MIDC, MIDL, MIDX and MIDZ? As for the rest of the fleet, I have details of ownership; majority are owned by ILFC etc. Many thanks...

Hudson Bay 28th Mar 2008 18:53

Nigel Turner has stated that bmibaby have one year to turn the operation around.

The board has said and I quote "has lost patience" with bmibaby after many years of loses.

So Mr Rix, what are you doing about this?

Richard Taylor 28th Mar 2008 18:57

Going back to bmi Regional if he has any sense...:E

bmi expat 28th Mar 2008 19:38


Nigel Turner has stated that bmibaby have one year to turn the operation around.

The board has said and I quote "has lost patience" with bmibaby after many years of loses.

So Mr Rix, what are you doing about this?
Hmmmm source for this please. I think you'll find that the board has not lost patience with bmibaby. It is acknowledged within the bmibaby board and at group board level that for the last two years profitability has been sacrificed for expansion purposes. The next financial year results will determine future expansion, but by no means has Nigel Turner stated that "bmibaby has one year to turn the operation around".

Skipness One Echo 28th Mar 2008 20:41


PPRuNers, currently doing a project about the British Midland Fleet and was wondering if anybody knows the ownership status of MEDL, MEDM, MIDC, MIDL, MIDX and MIDZ? As for the rest of the fleet, I have details of ownership; majority are owned by ILFC etc. Many thanks...
19th March 2008 17:36
Flypuppy
Quote:
Have you tried www.caa.co.uk and tried the UK Register link, sure they have ownership details on the site.

keepitlit 28th Mar 2008 20:49

Another good one

http://www.jethros.dwsitech.com/menu.htm

regards

K.I.L.

SR71 29th Mar 2008 11:00


The board has said and I quote "has lost patience" with bmibaby after many years of loses.
When did bmi last make any money?

I imagine bmibaby lost their patience with bmi a long time ago...

Val d'Isere 29th Mar 2008 13:40


to those of you who would like to see the demise of bmibaby, how short sighted! If all other UK loco's go under in the UK, this will clearly be of benefit to Ryan and Easy but the ones who will suffer will be the consumers. Reduced competition in the industry will force these two loco's to ramp up their prices for all us fare paying passengers. They will be low on frills but high on price.
Question 1 - On what routes do bmibaby compete with Ryanair or Easyjet?

Question 2 - What proportion of bmibaby business do those routes represent?

Topslide6 29th Mar 2008 18:01

Hudson Bay, I cannot not comment on this...


Nigel Turner has stated that bmibaby have one year to turn the operation around.

The board has said and I quote "has lost patience" with bmibaby after many years of loses.

So Mr Rix, what are you doing about this?
Sorry, but that is just simply incorrect. Exactly who are you claiming to be 'quoting' there? You claim to be a pilot, and give the impression that you work for bmi in some capacity, but looking back through your posts with regard to them it is you that is consistently posting rubbish.

A couple of examples:


Yes I agree. Hats off to SMB for pulling this one off.

Why would NT be at a high level meeting? Facts are facts and the meeting is continuing at Donnington Hall this evening

Looks like some sort of deal has been done. Not sure if it's with GS. Announcement shortly
That last one was posted over a week ago. You also appear to enjoy posting bad news about other airlines:


Am I correct saying that Silverjet shares are down 75% (52 weeks)
One about BA,


Interesting for the spotters watching a Nigel fly a 5.5 degree approach! My bet is 3 tail strikes within the first month
and one with regards to Glopbespan, posted in March last year:


share your reservations and am not sure to book or not. I want too book, but my gut feeling is Globespan will go bust before the summer. I will not fly the puddle in a 737.
What game are you attempting to play, or more to the point, what is your agenda?

scudbus258 29th Mar 2008 21:38

bmi mainline G-MIDU
 
What happened to G-MIDU. Does anyone know why it has been put into storage especially with the summer period coming?

Kind Regards

jethro15 29th Mar 2008 21:44


What happened to G-MIDU
WFU and returned to lessor. Onward to Spanair

jethro
UK and Ireland Airline Fleet Listings
htto://www.jethros.dwsitech.com

Endeavour 29th Mar 2008 23:53

G-MIDU is currently being repainted into Spanair colours at Southend, it is scheduled to operate it last flight with a 'Midland' callsign as the BD9531
02APR SEN-EMA.


All times are GMT. The time now is 12:27.


Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.