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True Blue 14th Oct 2020 19:37

USD100M liabilities. That is a big sum for a small airline in the current economic climate.

EI-BUD 15th Oct 2020 11:36


Originally Posted by True Blue (Post 10904584)
USD100M liabilities. That is a big sum for a small airline in the current economic climate.

Certainly a lot of money, but in airline terms True Blue this isn't big, considering it is less than the price of 2 new airbus 320s.
What matters is for they can finance their operation for the coming months until we can get through this awful period. The challenge is how investable the business is, and that hinges on securing the franchise for the next contract.

JobsaGoodun 15th Oct 2020 12:21

However, it is a lot of liability to any prospective buyer if there's the potential for the EI regional flying contract to go elsewhere in 2022.
Hopefully, they'll be able to secure an extension to protect the business in the longer term

southside bobby 15th Oct 2020 12:36

It IS a lot of money..
Poor example...NO airline even pre-Covid hands over wads of cash to pay for A320`s up front & complete.

escaped.atco 15th Oct 2020 19:16

Its a lot of cash to the average Joe Bloggs but I think EIBUD was just trying to put it in perspective. So in this case I don't think it is a poor example - in my opinion.

southside bobby 15th Oct 2020 19:37

Not too sure any perspective would reflect other than USD100M is a VERY large liability.

EI-BUD 15th Oct 2020 22:33


Originally Posted by escaped.atco (Post 10905294)
Its a lot of cash to the average Joe Bloggs but I think EIBUD was just trying to put it in perspective. So in this case I don't think it is a poor example - in my opinion.

Thank you Escaped. Atco.
Nice when somebody has your back 👌

DUB19 27th Oct 2020 15:18

Aer Lingus Heathrow S21
 
Aer Lingus appear to be switching the morning departure from BHD to LHR to 7:40 am. The route will be 3x daily according to the EI website

ECR 27th Oct 2020 16:38

This is certainly a much more useful time for those travelling to London from Belfast, but I hope it doesn't lead to IAG cancelling the (night stopping) early morning BA flight.

Alteagod 10th Nov 2020 00:23

Loganair to launch MME flights from FEB 2021.

mart901 10th Nov 2020 05:34

Two airlines flying to MME?

DUB19 12th Nov 2020 20:27

British Airways A321 Neo due to operate BA1414 from LHR tomorrow morning - I believe it is for demand purposes

Alteagod 12th Nov 2020 21:39

I believe nearly fully booked on inbound

DUB19 18th Nov 2020 14:53

AMS appears to have been suspended until mid December

SKOJB 18th Nov 2020 15:35

lucky if it is, other regionals until mid Feb!

Alteagod 18th Nov 2020 16:51

As long as it comes back. Mid December is actually not that far away in the grand scheme of things.


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