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Ah, the Walker Accountants.....happy memories (not). All those shell companies leasing aircraft back to Flybe to squeeze as much money out as possible before any tax was paid. Any time they were still likely to make a profit they loaned it out to the directors instead. Worked ok until the kids wanted to sell the airline...
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Flybe Mk2 first aircraft arrived at Exeter last night from Zagreb DH8D G-CLXC a former Austrian airways aircraft formerly OE-LGA a 21 year old veteran.
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What is it doing at Exeter?
I have not followed the developments, but was under the impression that all of Flybe Mk. I infrastructure at Exeter has changed hands and is no longer available for a resurrected Flybe. Is it mainly the availability of personnel that has not moved on to go for Exeter again (instead of, say, Birmingham)? |
Maybe it is at Exeter for maintenance by Exeter Aerospace?
They have their Dash 8 approvals now - and a large pool of experienced engineers. |
You do have to wonder about the timing of all of this. Press report here doesn't exactly make for encouraging reading.
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There does seem to be what you might call a `Bigger Picture` going on here..We`ll find out in time.
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Wouldn't a re-launch that offers additional connectivity in a post Brexit environment, just as the country/world begins to unlock and rebound from the pandemic be the perfect time for a new carrier to emerge?
Whilst I agree that the pandemic has very likely changed markets forever, businesses are used to constantly adjusting and adapting to the market. Loganair, Eastern, Blue Islands & Stobart all took the opportunity to adjust their networks following the failure of Flybe in March '20. Of course there will always be the argument of what is/isn't 'fair' and I get this. Existing carriers have been battered by the pandemic and no sooner does the chance to recover emerge they have the prospect of a new opponent to contend with, but surely it should be every businesses goal to take advantage of an opportunity and I guess Thyme OpCo are seeking to do just that. I'm not surprised by the remarks of the Loganair CEO, after all he's just trying to protect a business that is likely the most exposed to any new entrant into the domestic UK market. |
I suppose if it did offer additional connectivity, you could understand it rather better. But where the airlines above plus easyJet, Aurigny, KLM, BA CityFlyer and even Jet2 have filled the gaps left after Flybe, I can't really see that the "additional connectivity" argument holds water. Additional capacity - yes absolutely. Additional connectivity though? There's not a lot left uncovered now.
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There's not a lot left uncovered now. |
I'm wondering if Flybe v2 with a few Dash 8 aircraft would have potentially lower CASM than (for example) Eastern or Loganair and thus be able to reclaim some of their former trunk routes. As an example, if Flybe reappear with a Dash 8 on SOU-EDI or SOU-GLA, up against a Loganair E145, who would win ?
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There are many destinations from Birmingham not currently operated by anyone since Flybe stopped
such as ...Milan Stuttgart Hamburg Hannover BerlinToulouse Nantes & lots of regional France plus Newquay Knock Dundee & more |
Most of which are long shots and probably valid reason noone going near them
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While many could be said to be long shots, some in @simoncorbett posting are clearly far less marginal, among them Stuttgart, Milan, Hamburg, Hanover, Berlin, from a business perspective and perhaps a couple of the "ex-pat / holiday home" French destinations on a seasonal basis. I'm sure the same applies equally from MAN and SOU.
Then on the domestic front, EasyJet offering 2 x daily service from EDI / GLA is hardly business friendly, and there must be an opportunity for multi-daily frequencies on these routes. BHD is a route that has already gone to EIR. I don't doubt there is room for a very much slimmed down, more cautious "FlyBe2", but almost certainly branded completely differently. Prudence will be the key word if they are to succeed. |
Any so called ‘business routes’ I’m sure are currently being treated with caution for obvious reasons!
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For sure, business travel is probably not going to get back to pre-pandemic levels any time soon, as businesses have found more cost effective ways of holding meetings than taking day trips by air, road or rail, but there will be a market - perhaps BHX / GLA might require a 4/5 daily service, rather than up to 10 which really probably was overkill even pre-covid.
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It will be interesting to see what the Union Connectivity Review says about domestic. Will they see a broader role for PSO or will they see the arguments very much as before? What about domestic APD? Is there a case for putting anything into the likes of BHX-GLA or is it up to the business community to sort themselves out if such routes will not work on a pure commercial basis? Sorry, this is a broader issue than one airline, more about the market environment for all of them.
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Not a chance, PSOs are probably going to become as rare as hens teeth where there are land based alternatives such as rail. It looks as though environmental considerations may become more the fore post pandemic.
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The trouble with the concept of letting EZY operate the morning and evening flights on, for example, BHX to EDI/GLA is that the early morning and evening flights on such a route are the big money flights and the off peak flights much less so. And you’ll struggle to attract a leisure market to the mid day flights when EZY are also on the route. Operating different gauge by time of day only works when one carrier has overall commercial responsibility.
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ATNotts
When was BHX-GLA ever commercially sustainable at 10 x daily? Even BA were 4-5 max at the peak of the Eurohub feed. |
A former Flybe Dash-8 took off from Maastricht this morning, destination unknown but appears to be either the UK or Ireland. There are lots of former Flybe - inter alia - aircraft parked at the airport but most haven't moved in quite a while. The registration is G-KKEV. Any idea whether it's off to become baked beans tins or found a new buyer?
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