Sounds like a licence to lose money. I assume the Scottish routes will be mid day between the MAN flights so low yield.
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Originally Posted by willy wombat
(Post 11283303)
Sounds like a licence to lose money. I assume the Scottish routes will be mid day between the MAN flights so low yield.
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Not so much an axe to grind as a belief that Flybe V2 is at its core a slot scam. I can see no other reason a VC would have put the money in. And in the meantime, while the slot scam plays out, the company’s route selection risks damaging the likes of Loganair, Eastern etc which could in the long term reduce, not increase, competition.
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Originally Posted by willy wombat
(Post 11283458)
Not so much an axe to grind as a belief that Flybe V2 is at its core a slot scam. I can see no other reason a VC would have put the money in. And in the meantime, while the slot scam plays out, the company’s route selection risks damaging the likes of Loganair, Eastern etc which could in the long term reduce, not increase, competition.
Logan offer a decent product/service but at prices that are just too high for a lot of leisure travellers. Hopefully Flybe will find a niche here (initially) with more price sensitive leisure and business travellers that don't need to be on the early and late flights. |
Originally Posted by Wycombe
(Post 11283493)
Eastern seem to do a pretty good job at damaging themselves!
Logan offer a decent product/service but at prices that are just too high for a lot of leisure travellers. Hopefully Flybe will find a niche here (initially) with more price sensitive leisure and business travellers that don't need to be on the early and late flights. |
the notion that flybe2 will simply serve the off peak leisure market is unlikely, it it more likely that one operator will leave the market. No doubt that will happen if they can provide a decent service at a decent price (in a way that works from a business perspective also!) |
Flybe V1 went to war with LM and look how that ended. Granted it was on LM home turf but SOU is arguably LMs (even if thats still fairly 'new'). They have put a lot of effort into establishing themselves at SOU and work with both Blue Islands and Aurigny on codeshare flights, the three of them have their alliance to stave off competitors.
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Originally Posted by wanna
(Post 11283695)
Flybe V1 went to war with LM and look how that ended. Granted it was on LM home turf but SOU is arguably LMs (even if thats still fairly 'new'). They have put a lot of effort into establishing themselves at SOU and work with both Blue Islands and Aurigny on codeshare flights, the three of them have their alliance to stave off competitors.
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Originally Posted by SKOJB
(Post 11283727)
Not to mention a BA codeshare so things will not be easy for BE. Loads I understand are good on SOU LM flights even at high prices and doubt one daily by BE out of core hours is likely to rock the LM boat (at present)!
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Good to see MAN as Eastern have been a disgrace on that route. Just need Emerald to start DUB and SOU can be shot of them.
I get the annoyance with the Scottish routes but Logan have had plenty of time to move their ops to better equipment which would enable them to lower the ticket prices. There were many ex Flybe Q400s lying around and plenty of crews to fly them. Had they done that then new Flybe probably wouldn’t have a chance. Expect them to increase frequencies when their fleet grows and push Logan out. A shame but their own fault really. Who still flies 145s in Europe? |
Originally Posted by Rivet Joint
(Post 11283987)
Good to see MAN as Eastern have been a disgrace on that route. Just need Emerald to start DUB and SOU can be shot of them.
I get the annoyance with the Scottish routes but Logan have had plenty of time to move their ops to better equipment which would enable them to lower the ticket prices. There were many ex Flybe Q400s lying around and plenty of crews to fly them. Had they done that then new Flybe probably wouldn’t have a chance. Expect them to increase frequencies when their fleet grows and push Logan out. A shame but their own fault really. Who still flies 145s in Europe? |
Originally Posted by Rivet Joint
(Post 11283987)
Good to see MAN as Eastern have been a disgrace on that route. Just need Emerald to start DUB and SOU can be shot of them.
I get the annoyance with the Scottish routes but Logan have had plenty of time to move their ops to better equipment which would enable them to lower the ticket prices. There were many ex Flybe Q400s lying around and plenty of crews to fly them. Had they done that then new Flybe probably wouldn’t have a chance. Expect them to increase frequencies when their fleet grows and push Logan out. A shame but their own fault really. Who still flies 145s in Europe? |
Originally Posted by stewyb
(Post 11273301)
£300m versus £15m, mmm let me think. There will be no holding off a start and as I have mentioned previous, materials are on order and work shall commence once delivered. This small project (in comparison) is NOT dependant on any possible future recession/major interest rate rises et al!
Surely 2023/24 is going to be hard for all airlines,with less people having disposable income for Sun holidays Smaller airports like SOU are going to find it tough,so any financial investment in a runway extension must now be questionable to say the least! |
In a forward thinking country or company for that matter that is exactly the time to carry out improvements. You are then ready to take advantage of the upturn.
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Surely after 2 years fighting through the courts and money spent thus far, the owners will not now decide to hold off commencing this project, utter lunacy and instead is an investment for the future!
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The money invested in most cases needs to make an immediate return. Heading into a potential recession, they may choose to delay.
To counter your argument, STN has planning approval after a court battle but they don't appear to have started building just yet. Maybe they have decided it is wiser to hold off until there is some certainty on economic conditions next year. Some might consider that not to do so is utter lunacy. |
Difference between SOU and many other airport projects, this one is crucial to its short term financial viability. It requires a runway extension asap in order to attract some additional leisure routes as well as better existing airline operability. Don’t think the airports owners can hang around too long without this work being completed when their break even is 1.1m pax and current projections look closer to 600k!
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With the huge escalation in home and business energy costs, the rise in everyday fuel and transport costs faced by most families and the very steep rise in food and other household costs we are going to see an exceptionally big decline in all kinds of leisure travel - visiting friends and families, city breaks and traditional holidays.
With the increase in energy costs even more apparent in the commercial sector, where the wholesale spot price of electricity was 87p per KWh on Friday, I would imagine that any prudent business would look very cautiously at spending at the moment. For example the cost of heating and lighting at the terminal and throughout the airport is likely to rise by a factor of perhaps as much as 10 over the next 8 months, and I think we are likely to see a big decline in aviation and passenger numbers over this period too. I think any business would do well to 'batten down the hatches' for the next couple of years - one only has to look at Southend to appreciate how quickly markets can change. The good times will return in time, but the coming couple of years will present as much of a challenge for aviation as COVID did. |
Well, anybody who knows isn't going to be saying here, so lets not feed the troll, eh?
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Originally Posted by SWBKCB
(Post 11287072)
Well, anybody who knows isn't going to be saying here, so lets not feed the troll, eh?
It takes time to plan works of this nature and get all the resources required. Most building projects are struggling to get resources and are running behind schedule. Nothing to see here. on a side note, 4 flights a day now to Belfast. I wonder who will give first. Be interesting to see the numbers per airline. |
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