Originally Posted by pabely
(Post 10746763)
I'm no accountant but owning an asset is not always a good thing. I think the 2018 accounts said the 737 order was financed with more debt and loans which will have to be serviced anyhow.
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45 DAY RULE is going to put pressure on the Sims?
Is it 2 days per driver? Tiger |
All sims and ground training on hold at the moment. We are more likely to come up against the 3 in 90 rule for the majority😟😟
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45 DAY RULE is going to put pressure on the Sims? Is it 2 days per driver? |
Jet2 latest trading update, Leeds based owners Dart Group PLC seem to be doing ok despite the COVID-19 situation.
https://bdaily.co.uk/articles/2020/0...andemic-impact |
Originally Posted by LBIA
(Post 10761303)
Jet2 latest trading update, Leeds based owners Dart Group PLC seem to be doing ok despite the COVID-19 situation.
https://bdaily.co.uk/articles/2020/0...andemic-impact |
Taken from Travel Weekly:
Dart Group, which suspended flying in mid-March due to extensive European travel restrictions, is seeking whether it is eligible for the government’s Covid Corporate Finance Facility. Despite holidays and flights being on sale from June 17, the group disclosed that it faces a £109 million exceptional charge relating to “ineffectiveness on a proportion of FY21 fuel and foreign currency hedges in the FY20 results” due to operations being suspended for an indeterminate period. In my opinion doing better than many others, but not out of the woods by any means yet. |
I don't think the 109 m is the cost of this. That's just the Hedge gone wrong cost
tiger |
Not looking good for the likes of Jet2 or Tui.
Taken from the Travel Weekly. Tourism chiefs in Palma are hopeful that some travel will resume by August this year. Palma Tourism Board manager Pedro Homar said that restrictions were likely to be lifted first for local and domestic travellers, with hopes for a return of international travel later in the year and in to 2021. |
Originally Posted by Mr @ Spotty M
(Post 10773362)
Not looking good for the likes of Jet2 or Tui.
Taken from the Travel Weekly. Tourism chiefs in Palma are hopeful that some travel will resume by August this year. Palma Tourism Board manager Pedro Homar said that restrictions were likely to be lifted first for local and domestic travellers, with hopes for a return of international travel later in the year and in to 2021. |
And even then they would be daft to take visitors from the UK rather than from countries with much lower rates of infection.
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Originally Posted by inOban
(Post 10773395)
And even then they would be daft to take visitors from the UK rather than from countries with much lower rates of infection.
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Originally Posted by The96er
(Post 10773408)
Iceland revealed extremley high infection rates after undertaken mass testing of their population but so far have had relativly low death rates. There are more factors at play than just the headline grabbing daily death count that seems to be the ultimate measure of success.
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Wow...now I can understand the reluctance of the Canarian Government to open up tourism to UK when Canarias closes the last 16 hours without new infections by Covid-19. Now I know why I will stay a little longer. !!!
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Its testing that determines the infection rate, the more you test the more you find, the Uk is testing give or take 100'000 a day and report 4'000 cases a day which suggests a 4% infection rate, however you can't extrapolate that across the whole population because they are only testing selected groups, most of whom are at higher risk, there is a random sample being undertaken that should better inform population infection rates, but this will only pick up currently infected not people who have been infected.
It seems from early reports that most countries that have eased the lockdown have seen the rate tick up again with one chap in Seoul visiting 5 night clubs leading to 40 plus infections, fortunately their trace and track systems are well in advance of most western countries, but they now closed 2000 or was it 20000 night clubs !! I suspect that Spain will see a second surge within 14 days, the distancing rules are being flouted and many are back to kissing and hugging anyone they meet. The only response should this happen is a further bout of restrictions which would spell game over for tourism this year. |
Originally Posted by EIFFS
(Post 10781666)
Its testing that determines the infection rate, the more you test the more you find, the Uk is testing give or take 100'000 a day and report 4'000 cases a day which suggests a 4% infection rate, however you can't extrapolate that across the whole population because they are only testing selected groups, most of whom are at higher risk, there is a random sample being undertaken that should better inform population infection rates, but this will only pick up currently infected not people who have been infected.
It seems from early reports that most countries that have eased the lockdown have seen the rate tick up again with one chap in Seoul visiting 5 night clubs leading to 40 plus infections, fortunately their trace and track systems are well in advance of most western countries, but they now closed 2000 or was it 20000 night clubs !! I suspect that Spain will see a second surge within 14 days, the distancing rules are being flouted and many are back to kissing and hugging anyone they meet. The only response should this happen is a further bout of restrictions which would spell game over for tourism this year. As for Spain i have to agree with you; tourism may already be over anyway. I read a few articles, saying they were wanting to test tourism with Spanish mainland residents in Balearics and Canary Islands. |
FYI new cases in Tenerife yesterday were 1 and deaths Nil
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Originally Posted by ericlday
(Post 10781700)
FYI new cases in Tenerife yesterday were 1 and deaths Nil
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The Baltic states are opening up to travel between each other The same looks likely to be applied between other neighbouring countries. We appear to be allowing free flow between the UK & France even after the alleged 1st June Quarantine rules. However, the thought that many tourist destinations would allow incoming tourists from one of the world's hotspots, as is the UK, is wildly optimistic. There is no logic to any of this, certainly no joined up thinking between countries. Airlines, like Jet2 are in an impossible situation trying to second guess not only the virus itself, but the politicians too, good luck with that.
By the way the UK is only testing around 60,000 PEOPLE a day not anywhere near 100,000. |
It makes no difference between testing 100,000 or 60,000 per day.
If the figure was 60 million a day, then that would matter. You can test negative today and positive tomorrow as the test cannot predict the future. :ugh: Which is why the government is rightly looking at a 14 day quarantine period. |
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