USD100M liabilities. That is a big sum for a small airline in the current economic climate.
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Originally Posted by True Blue
(Post 10904584)
USD100M liabilities. That is a big sum for a small airline in the current economic climate.
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. |
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 |
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. |
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.
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Not too sure any perspective would reflect other than USD100M is a VERY large liability.
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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.
Nice when somebody has your back 👌 |
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
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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.
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Loganair to launch MME flights from FEB 2021.
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Two airlines flying to MME?
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British Airways A321 Neo due to operate BA1414 from LHR tomorrow morning - I believe it is for demand purposes
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I believe nearly fully booked on inbound
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AMS appears to have been suspended until mid December
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lucky if it is, other regionals until mid Feb!
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As long as it comes back. Mid December is actually not that far away in the grand scheme of things.
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