|
Originally Posted by mik3bravo
(Post 10317894)
My hypothesis remains they are trying to draw out Willie Walsh and his board to come to the party. BA or EI, doesn't matter, either way the problematic cost base of BE will require deep open heart surgery, it won't be a basic pruning exercise.
|
I remain unconvinced that Flybe is of real interest to Virgin. Yes there are connectivity opportunities at Manchester, but beyond that I cannot see anything more that would justufy taking on the scale and challenges that exist at Flybe. Also, I don't believe that Virgin by way of Delta would be acting on behalf of AFKLM, I just don't see them as so joined up.
IAG is not going to be remotely interested in Flybe, the only item of real value is a small batch of LHR slots, which would most likely have to be surrendered to allay competition concerns. I still believe that the best strategic fit for a sustainable Flybe as a very large regional airline is to reposition itself into the ACMI space in the following form;
Stobart potentially has the largest opportunity here. |
Originally Posted by EI-BUD
(Post 10317986)
I remain unconvinced that Flybe is of real interest to Virgin. Yes there are connectivity opportunities at Manchester, but beyond that I cannot see anything more that would justufy taking on the scale and challenges that exist at Flybe. Also, I don't believe that Virgin by way of Delta would be acting on behalf of AFKLM, I just don't see them as so joined up.
IAG is not going to be remotely interested in Flybe, the only item of real value is a small batch of LHR slots, which would most likely have to be surrendered to allay competition concerns. I still believe that the best strategic fit for a sustainable Flybe as a very large regional airline is to reposition itself into the ACMI space in the following form;
Stobart potentially has the largest opportunity here. |
Originally Posted by racedo
(Post 10317923)
You mean like Virgin East Coast Main Line............................
|
Originally Posted by The96er
(Post 10315408)
In what way would it save a small fortune ? - most airlines are beginning to outsource their maintenance meaning the bean counters have done their sums and concluded that it's cheaper that way. Why bother with all the facilities management overheads, labour cost, training cost etc...
What it does enable is reduction in assets on the books, elimination of legal risk, flexibility of supply to match fleet. If an potential purchase already has an in-house maintenance arm then those aren't really 'problems'. |
Most on here talk about the idea that Flybe will reduce in size under a new owner, concentrate on the most profitable routes. I agree that is what is most likely to happen. Why can't they do that themselves if that is what needs to happen? Why do they need a new owner to make that happen?
|
This would be great news for Manchester which has the best domestic feed in the UK. Ok it might be a publicity play by Virgin but would certainly make sense in terms of feeding Virgin flight ex Manchester. As has been said peripheral routes may suffer. Doncaster and even Birmingham might be sweating if this did have legs. Virgin have shown zero interest in Birmingham which might lose yet more services.
I could also see the Exeter HQ shifted to Gatwick or possibly a domestic base at Manchester. |
Hasn't VS made a loss over the last few years ?? if so why would they want Flybe and would have to put millions into it just to get it through the winter. it makes no sense VS going after Flybe if anything it will srink Flybe. flybe needs someone with deep pockets and in the same type of market (stobbart) BA I would say would just pick up certain routes it wants |
From the Economist website: Flybe is in urgent need of a new strategy
Conclusion: Flybe’s managers may be proud that the carrier is Europe’s largest regional airline. But earning money by transporting people short distances in uneconomical planes is a risky strategy in a well-connected continent. To ensure long-term survival, they should focus the carrier’s efforts on routes where geography or public subsidies give them an edge. Any of Flybe’s 78 planes that can neither be deployed on these services, nor lent to external partners, should be withdrawn from service–and quickly. |
Originally Posted by True Blue
(Post 10318122)
Most on here talk about the idea that Flybe will reduce in size under a new owner, concentrate on the most profitable routes. I agree that is what is most likely to happen. Why can't they do that themselves if that is what needs to happen? Why do they need a new owner to make that happen?
Some posters have mentioned that flyBe should more actively seek ACMI operations - they operate ATR's for SAS and previously operated for Finnair and Brussels Airlines. Im not sure that there is a high market for this in Europe, as there is in the US. The markets are very different. easyJet with the A32x and Ryanair with 737s have bypassed a lot of hubs and lowered fares. That makes operating thin routes solely for connections a difficult financial proposition and may explain why flyBe extensively codeshares with hub airlines like AF/KL/EI where it flies into their hub, rather than have extensive ACMI operations. ACMI and own brand flying are not mutually exclusive and flyBe could well operate all their UK routes as "Virgin Atlantic" and continue to explore the ACMI market. |
Hmmm....in a well-connected continent hey? Ok the continent maybe but the UK other than to and from London is far from well-connected. That's the space that FlyBe fills, As someone has already said: if FlyBe didn't exist you may end up having to create it. A far better longer term strategy is to focus the significant resources of this very rich country in to filling the infrastructure gap in areas that aren't London and the South East
|
Flybe maybe would like to srink in size over the next few weeks and lay loads of staff off however they don't have the money to pay staff off so that isn't an option at the minute also returning aircraft early will cause extra fees to be paid to lease companies only option is to sell or an investor to put millions in to relaunch the airline |
It's time APD was charged on London flights only. Or London APD should be greatly increased and the proceeds used to support vital regional connectivity. London and the South East don't care if flyBE go under as they're still beneficiaries of one of the biggest aviation markets on earth. For the rest of us flyBE going under would be a disaster. Yes easyJet or Ryanair could offer connectivity but only omnibus select routs and likely at a greatly reduced frequency. |
To read some of the last dozen or so posts, you could be forgiven for believing that Virgin has signed on the dotted line and everything is hunky dory.
In reality, it's only Sky News that have reported what are only discussions. I would imagine that there are others involved in similar discussions, be they venture capitalists, others from within the aviation sector, or gawd forbid Mike Ashley. BBC News have absolutely nothing on their business pages about Virgin (or indeed FlyBe.). Patience is a virtue!! |
Are Flybe using some of their Scottish slots at LHR for the Newquay services, or have they acquired slots by some other means?
|
Flybe have issued a RNS stating that they are in talks with VS and Others. Patience is, as they say, a virtue. |
Originally Posted by c52
(Post 10318269)
Are Flybe using some of their Scottish slots at LHR for the Newquay services, or have they acquired slots by some other means?
|
Share price up 48% |
Originally Posted by tescoapp
(Post 10317806)
in what respects? they are just glorified county councils.
|
Originally Posted by Cazza_fly
(Post 10318294)
Somone posted further above that the slots are available from some of the LHR-MAN slots that BA had to give up since the bmi take-over.
|
| All times are GMT. The time now is 19:45. |
Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.