As per Virgin Atlantic's annual report, the consortium can't yet exercise any control over Flybe until regulatory approval is granted:
In February 2019 Connect Airways acquired Flybe Limited (Flybe’s main trading company, including Flybe Aviation Services Limited) and Flybe.com Limited for consideration of £2.8m. As a part of the deal, the shareholders of Connect Airways (“the Consortium”) have committed to providing funding to Flybe Limited of up to £135m, of which the Virgin Atlantic Group has committed up to £41m. The committed funding from the Consortium to Flybe is secured on certain fleet assets of Flybe Limited. The deal is subject to regulatory approval, and therefore the Consortium will only obtain joint control of Flybe Limited after such approval has been granted; this is the point at which the Group will be able to be able to exercise joint control of the entity’s financial and operating policies and begin to consolidate its relevant share of earnings of Flybe Limited under the equity method. |
Originally Posted by PDXCWL45
(Post 10452522)
I personally think that the decision to cut the e jets was made a lot earlier than the Connect sale. Probably this time last year.
|
Originally Posted by Reversethrustset
(Post 10452681)
PDXCWL45 I doubt it, whilst it was on the wish list they simply didn't have the money to dispose of them before lease expiry.
|
Originally Posted by Reversethrustset
(Post 10452681)
PDXCWL45 I doubt it, whilst it was on the wish list they simply didn't have the money to dispose of them before lease expiry.
|
Any decisions made about this summer/winter schedule wasn't made this time last year, did you look beyond Sept this year on the day they were released? When was the summer schedule released? Flybe did not have the money to ground pre end of lease aircraft regardless of what the schedule said. Towards the end of last summer's schedule Flybe didn't even know if there was a buyer out there let alone have the finances to put early hand backs into motion. Most people on here, whilst they knew Flybe were "in trouble", had no idea just how close to the precipice they came.
|
Originally Posted by virginblue
(Post 10452763)
Hasn't been dumping the E95 the plan ever since Operation Blackbird started in 2015 (?). Back then they could not get rid of all E95s as desired, stored 9 at NQY, IIRC, and then found some airports like CWL and DSA willing to fork out money in return for some shiny new routes. Unless these subsidised operations unexpectedly turned into a goldmine or the E95 could, with the help of a magic formula, be turned into a cash cow elsehwere, the plan must always have been to dispose of the E95. My understanding is that since 2015 they existed with BE on borrowed time.
|
Originally Posted by Reversethrustset
(Post 10452767)
Any decisions made about this summer/winter schedule wasn't made this time last year, did you look beyond Sept this year on the day they were released? When was the summer schedule released? Flybe did not have the money to ground pre end of lease aircraft regardless of what the schedule said. Towards the end of last summer's schedule Flybe didn't even know if there was a buyer out there let alone have the finances to put early hand backs into motion. Most people on here, whilst they knew Flybe were "in trouble", had no idea just how close to the precipice they came.
|
They may well have had an idea in early October but they definitely wouldn't have known this time last year.
|
Originally Posted by OltonPete
(Post 10445518)
A much happier day I would say - I am not saying that there weren't any cancellations but I couldn't find any just a few delays but I use FR24 and as most of the fleet are MLAT it is not totally reliable.
Out of 54 Dash 8's 10 were not operating at any one time, plus 1 E175 and 1 E195 but they did have one ATR flying for them as mentioned in an earlier post. What was noticeable was out of the 44 Dash 8's flying 35 operated 7 or more sectors and some 10, which is definitely a ramp up in utilisation from when I last checked. The Cardiff 175's all did 8 sectors but one of the two Doncaster ones only 4 sectors. There were 9 Dash 8's that did not operate at all and one that operated in the morning only and another in the afternoon only (EDI) and the 9 were at: OA - EDI since 5th April OH - MAN since 10th April OJ - BHX since 9th April CM - SOU since 10 April CN - SOU since 2nd March and positioned to NQY today? CX - EXT since 27 March CY - EXT since 10 April PE- - EXT since 9th April PF - EXT since 2nd April 175 JJ - BHX since 1 April but listed tomorrow BHX-AMS 3 based CWL, 2 DSA, 3 MAN, 2 BHX (plus one possibly on the ground) 195 EJ - EXT since 27 Feb 2 based MAN, 1 BHX, 1 SOU & 1 EXT (1 I presume maintenance EXT) As I say I can't vouch that this is 100% accurate but should be close. Pete |
Originally Posted by Santanaguitardc3
(Post 10463100)
CN dash q400 was out of use after incident
|
Today
Whichever aircraft operating BE341 GLAMAN today went out of service after two aborted takeoffs due to a generator issue. Can’t be helping I’m sure. Was quite a full flight that EU261 bill will hurt! |
According to news reports the NQY-LHR route has been strong in its first month carrying over 15,000 passengers and filling Flybes aircraft at around 75%.
Does anyone know if the majority of customers on these flights are indeed connecting on to other flights at LHR or simply using it as an access point to London? |
Afternoon Guys
Can anyone tell me if the IOM-LHR service is stopping after 26 October? 1 of the local radio stations is reporting the service is to end the other reports its not! when you try to book on the web site it comes up with a error. |
Originally Posted by HMN851X
(Post 10467213)
Afternoon Guys
Can anyone tell me if the IOM-LHR service is stopping after 26 October? 1 of the local radio stations is reporting the service is to end the other reports its not! when you try to book on the web site it comes up with a error. |
I don't think "axed" is the correct wording. It has never been sold beyond the summer schedule or marketed in that fashion. Nor was it likely to continue given the slot-sitting nature of the operation that has been widely discussed here and elsewhere.
|
Originally Posted by HMN851X
(Post 10467213)
Afternoon Guys
Can anyone tell me if the IOM-LHR service is stopping after 26 October? 1 of the local radio stations is reporting the service is to end the other reports its not! when you try to book on the web site it comes up with a error. |
Originally Posted by goldeneye
(Post 10467302)
Don’t think winter schedule is loaded for sale yet. |
I don't think it unreasonable for Flybe to want to wait to see how the route performs first before extending it beyond the summer season. It's only been operational for a few weeks and it was put on sale at very short notice. I'm sure that if it's well supported and this continues over the Summer then Flybe would look to extend it providing the slots used remain available in the winter of course. |
I was on Sunday night's LHR - GCI and passenger count was 33 (with three no shows from what I overheard the ground crew saying).
When I flew GCI -BHX on Friday evening I counted 56 getting off the LHR in Guernsey before the aircraft did our BHX run. Sunday night's LHR - IOM flight was from the gate next to us and I counted about 12 people from where I was sat who got on the bus. |
its interesting as the winter time table gets loaded how few flights are actually being dropped. still a few flights from Doncaster and Cardiff still negotiating, just a few sunshine routes seem to have gone from 3 small airports. hopefully good news for the employees.
bb |
All times are GMT. The time now is 08:08. |
Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.