Originally Posted by Fly757X
(Post 10391866)
Edit: Tried to "book" a flight from Londonderry but was met with a warning. What warning is that? I've just tried to book for July and got taken to payment page no problem. Now and then one of those 'choose every picture with a cat' things pops up but they've been there for ages. Seems to be 50/50 at the mo, no-one is sure what's happening. |
I does sound an odd way to cease operations, especially as it's owned by AIL - why not just move the assets over to Loganair and then liquidate the shell? |
Scodaman. Try booking any time in the next ten days. |
All over - see flybmi.com
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BBC now saying it has filed for administration.
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Good luck to all the cabin crew and engineers and pilots on securing new employment. Hopefully they get something soon. |
Well that escalated quickly. My thoughts are with all those affected, I knew a few employees and spent a bit of time with them at LDY. Hopefully they will have a bright future.
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ITV News are saying on the brink. |
So if BM and LM are owned by AIL. Is LM affected? |
What does this mean for Loganair? |
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Originally Posted by goldeneye
(Post 10391944)
ITV News are saying on the brink.
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Loganair is a separate legal entity so unless they put that into its own administration, it wouldn't be directly affected by BMI.
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Sad news but I guess they must be breaking out in cold sweats in Exeter tonight.
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Originally Posted by Alteagod
(Post 10391998)
Sad news but I guess they must be breaking out in cold sweats in Exeter tonight.
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Sad news indeed, my thoughts are with the people whom lost their jobs from this.
On the other hand, Loganair may get what is left of the remaining Embraer fleet! (Depending on how many air-frames have to be sold to clear any outstanding debt I suppose.) |
Sad day indeed. Thoughts and condolences with all British Midland Regional employees. The conclusion of the British Midland story. ☹️ |
Originally Posted by BirdmanBerry
(Post 10391993)
Loganair is a separate legal entity so unless they put that into its own administration, it wouldn't be directly affected by BMI.
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So which airports are affected most by the airlines collapse?
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I would suggest that oddly enough, it's some of the minor airports in continental Europe which might see the biggest *relative* effect. Places like Esbjerg, Rostock and Norrkoping have now lost a large proportion (or even all) of their winter scheduled traffic
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Originally Posted by LTNman
(Post 10392115)
So which airports are affected most by the airlines collapse?
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Perhaps Bristol in terms of passenger numbers with flybmi providing around 2% of the airport's 8.7 mppa through its seven routes from there. One of the routes was Brussels but that will be taken over by CityJet in April, an announcement made some time ago.
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Originally Posted by buzz_hornet
(Post 10392135)
LDY hit as its the London route
"The transport secretary indicated that he is hopeful that a new operator will agree to take on the route. "There needs to be as seamless a transition as possible from Flybmi to the new operator in order that the travelling public suffer as little as possible." BRS has lost a great deal of German connections so I would say it could be. |
Originally Posted by egnxema
(Post 10392018)
Sad day indeed. Thoughts and condolences with all British Midland Regional employees. The conclusion of the British Midland story. ☹️ Good Midland people were/are working for Regional. I wish them well and I am testimony that here is a life beyond EMA. good luck to all. |
Goodness. I did not see that coming :-( I've worried about them in the past, but for the last year or so they seemed to have the most stable network they've had in a long time.
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Originally Posted by toledoashley
(Post 10391865)
I have called him out on Twitter for irresponsible reporting along with a BBC reporter. He can't just run exclusives like this without stating sources. I assume you have retracted this accusation? |
No need for him/her to retract. It was based on pure conjecture at the time but stated as a definitive position. It just happened to be right, but what if it was not? The clown needs to be held to account. He is running to report the story first to lead aviation “journalism” in the Twittersphere. He will call it wrong one day and get sued to hell on a hand cart. Deservedly so when that day comes. |
Originally Posted by airbourne
(Post 10392180)
I assume you have retracted this accusation?
He makes me sick. |
A real shock as they ' seemed ' stable.
Makes one wonder about others like Eastern as well . Are they secure , just always seems to be many negative posts on the company over the years . And part owning HUY, it begs the question why not offer more routes , using their own Aircraft ( sorry off topic ). Anyway back on BMI. A sad day my thoughts are with all the people who have lost their way of life . Another great airline bites the dust . Pity some kind of Rescue package can't be found ( Eg virgin , they seem to have deep pockets) and it would create a very large domestic carrier .. |
Alex Macheras may have been right this time but, unlike say Mark Kleinman at Sky who gets a lot of scoops, he does not have the checks and balances on his reporting before he publishes. When there were rumours about Monarch before it collapsed he caused a lot of genuine distress amongst staff with his relentless social media postings. |
I see the airline conveniently blaming their collapse on Brexit. How convenient. Nothing at all to do with any other non-Brexit factors, really? I find that spin as complete denial, here is that spin.
However, meanwhile, and separateky there are more balanced and less lazy journalism and comments: Overcapacity in the European aviation sector has resulted in the demise of airline operators such as Monarch Airlines, who were present in both the low-cost airline market and the leisure airline market — while failing to be a market leader in either. The airline faced fierce competition from both sides and collapsed amid its flawed strategy. both the uncertainties surrounding Brexit and a year-long higher oil price in 2018 have wiped off profits (or attempts to become profitable) at even the most financially stable airline carriers. So basically, the cost cutting that should have been delivered over the past 5 years wasn't fully delivered and it seems convenient to point and oh, look over there, it's Brexit! Not creditable at all. Another example of management failure to aggressively and relentlessly squeeze costs out of the operation. It weakened their ability to withstand fuel price pressures and ATC strikes and chaos they caused. Yes, Brexit is 'one' factor, but the destruction was rooted in much deeper issues from the sound of it. |
Pretty sad to see the end of the British Midland dynasty now over.
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I see the airline conveniently blaming their collapse on Brexit. |
Originally Posted by airbourne
(Post 10392180)
I assume you have retracted this accusation?
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On the subject of bad reporting a sky reporter this morning said BMI were part of IAG
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Both FR and EZY are reported offering rescue fares from £9.99 for any stranded BMI pax
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Originally Posted by mik3bravo
(Post 10392352)
I see the airline conveniently blaming their collapse on Brexit. How convenient. Nothing at all to do with any other non-Brexit factors, really? I find that spin as complete denial, here is that spin.
However, meanwhile, and separateky there are more balanced and less lazy journalism and comments: Source So basically, the cost cutting that should have been delivered over the past 5 years wasn't fully delivered and it seems convenient to point and oh, look over there, it's Brexit! Not creditable at all. Another example of management failure to aggressively and relentlessly squeeze costs out of the operation. It weakened their ability to withstand fuel price pressures and ATC strikes and chaos they caused. Yes, Brexit is 'one' factor, but the destruction was rooted in much deeper issues from the sound of it. |
Exactly, well explained. Cost synergy savings is key, the margins will flow so long as the costs are aggressively tackled.
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Is it just costs though? I would have said it's markets as well. Thinking back to the days when BMI was strong at Leeds/Bradford, they had the small jets operating to Paris, Brussels, Edinburgh and Glasgow. None of those are viable business/ high end leisure three per day routes now. Those markets have gone, some to rail, a bit of Paris to Jet2, maybe some to business jets. The space in which to operate anything scheduled smaller than a 737 has got smaller and smaller. The contract market such as Toulouse, Stuttgart, oil industry traffic etc seems to have got weaker. Cost control--- sure, but that can only take you so far.
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So why haven't the management taken aggressive decisive actions on the past couple of years to get ahead of this, asleep at the wheel comes to mind and now they've ruined employees futures. How some of these so called 'directors' gain employment after the fact deserves investigative journalism piece, the old boys network is alive.
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