Originally Posted by EZYMAN
(Post 10310431)
Stobart have looked at Flybe in recent time |
https://news.sky.com/story/brexit-an...RmASRB9NvnrcS8
Flybe, the UK-based airline, is putting itself up for sale weeks after a savage profit warning triggered by currency volatility and higher fuel costs sent its shares plunging. |
My money is on IAG as previously posted. Keep the stand alone routes that make money, roll some of the fleet into EI and some into CityFlyer. cs |
Originally Posted by tomahawk98
(Post 10310440)
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Originally Posted by canberra97
(Post 10310446)
It's already being discussed and the link that you have provided has already been done so if you look back to post 783. |
Originally Posted by cornishsimon
(Post 10310443)
My money is on IAG as previously posted. Keep the stand alone routes that make money, roll some of the fleet into EI and some into CityFlyer. cs |
If these other operators really want it, and evidently that is not a strong 'want' as a deal has not been done up til now, why would they not let it fold and pick up the bits that are valuable piecemeal?
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Originally Posted by cornishsimon
(Post 10310443)
My money is on IAG as previously posted. Keep the stand alone routes that make money, roll some of the fleet into EI and some into CityFlyer. cs Perhaps Stobart might return to the table especially now that the airlines management have officially announced that Flybe is now up for sale and at a very knockdown price. |
Originally Posted by PDXCWL45
(Post 10310450)
Which would mean Flybe and the bulk of regional flying in the UK will be dead as IAG only care about London and Dublin.
i don’t disagree with what you say and I don’t think it would be the answer to the problem however. Flybe operate similar sized aircraft as CityFlyer. They operate to DUB, LGW, LCY and LHR cityflyer not only send aircraft to EXT for mx on occasions, they also send aircraft out of the UK. By buying flybe group they would be getting themselves a well regarded aircraft maintenance facility for probably less than it costs to fly an empty one to Europe and have the maintenance performed. Just my thoughts. cs |
BA played hardball giving Loganair so much as a codeshare last year. The thought of owning their former BA CONNECT operation once again must surely drive shivers down spines at Waterworld. UK regional turboprop flying is a niche activity, is there a lot of money to be made? If no, then IAG shouldn’t get involved. BA/EI/IB complement each others hubs in an ever growing manner, flying DHDs on GLA-BHX isn’t adding anything to the IAG business model. Also pathetic to try and blame Brexit for this. Taking on Loganair in their home markets for no sensible commercial reason (spite) can’t have helped either. |
Stobart Group might well return to bid again, but they may be distracted by the legal shenanigans with Andrew Tinkler. It would be a great shame to see flyBE go to the wall; I hope that someone with a viable business plan can step in.
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Could this be an opportunity for BMI Regional to grow, replace the ageing E135's & 145's and up their operation a gear? They have been rumoured to be interested in bigger aircraft for some time. The 175's could be deployed on European routes, Dash8's on shorter routes making some of their shorter routes more economical, then cherry pick the current BE routes that actually make money and continue them as they are. They could also do with the crews as well!
From a regional flying perspective there certainly needs to be some streamlining, with BA Cityflyer, Cityjet, Stobart, BMI Regional, Loganair and Eastern Airways, and on a smaller scale Blue Islands and Aurigny |
Originally Posted by caaardiff
(Post 10310482)
Could this be an opportunity for BMI Regional to grow, replace the ageing E135's & 145's and up their operation a gear? They have been rumoured to be interested in bigger aircraft for some time. The 175's could be deployed on European routes, Dash8's on shorter routes making some of their shorter routes more economical, then cherry pick the current BE routes that actually make money and continue them as they are. They could also do with the crews as well!
From a regional flying perspective there certainly needs to be some streamlining, with BA Cityflyer, Cityjet, Stobart, BMI Regional, Loganair and Eastern Airways, and on a smaller scale Blue Islands and Aurigny |
Possibly as much as Southampton, Jersey Airport would be a ghost town most the time without Flybe. |
It would give IAG a stranglehold on the UK domestic market, eliminate competition at LCY and LHR and be a great feeder network.
Virgin would be another option but I think they have bigger fish to fry. CityJet? I know they've changed focus but Flybe might be helpful for them. Which leaves BMI/Loganair which would be delightful. I've posted my thoughts on their spat earlier. |
Originally Posted by cornishsimon
(Post 10310443)
My money is on IAG as previously posted. Keep the stand alone routes that make money, roll some of the fleet into EI and some into CityFlyer. cs I think though if IAG were interested they could make money by operating under the BA branding. The planes are similar in size to the BA Cityflyer ones, albeit, turboprops rather than jets. The could ditch some of the loss making routes and use the planes to expand at London City, whilst keeping the more profitable ones. The market has changed a lot since BA exited BA Connect. At that time the low cost carriers were a novelty and price alone was the prime focus. Now the novelty has worn off and it is not all about the lowest cost anymore. Some of the customers are willing to pay a bit more for a perceived better service. Many people will have been introduce to flying by low cost carriers, but as they have got a bit older and better off they are willing to pay a bit more. BA can offer a more upmarket image, internationally known brand, a global alliance, a frequent flyer scheme and a much wider marketing platform through the BA website. An ideal scenario would be a partnership between Stobart and IAG buying flybe, and flying under the BA brand, but making use of Stobart's experience of operating turboprops. Unfortunately though I just can't see IAG being interested. |
So without Brexit Flybe would be flying high and making lots of money and there I was thinking Flybe has made loses even before anyone had heard of the word Brexit. Of course Flybe’s woes has nothing to do with Flybe management? |
All very sad but many saw this coming months ago and yet Flybe have seemed incapable of taking effective action to prevent what is looking like the inevitable
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IAG it, rebrand to Aer Lingus Regional, EI register the fleet, switch out the fault plagued E195s with more reliable same type, get a bond away to refinance debt, tax domicile the lot from Ireland to realise aggressive corporate tax regime savings, gives staff security, gives it a good fighting chance to pull it out of the fire. Move all IT onto EI estate, decommission all BE IT, crystallize those IT savings immediately. All M&A 101 basics, need to squeeze minimum 20%8 total cost savings. Almost forgot, hedge fuel via IAG hedge pool.
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There is also a difference in actively seeking for a merger/take over and being approached for one...
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