New UK based charter company?
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They seem to have a good idea about how to succeed where others have struggled.
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Like most others on here, I simply can't see where the gap is??
There's less demand and more supply. Surely the clever money would be in reducing supply or increasing the demand?? There are already some very good suppliers out there, and all struggling to make money.
I guess the profit share thing is the way to go....at least they know the overheads will be very low!
There's less demand and more supply. Surely the clever money would be in reducing supply or increasing the demand?? There are already some very good suppliers out there, and all struggling to make money.
I guess the profit share thing is the way to go....at least they know the overheads will be very low!
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Slots at SEN and BQH will be an issue. Might have missed the boat already....
Signature say they have secured access with the local SEN FBO? (Airport itself) and are Jet Avaition going to give business away at BQH?
Signature say they have secured access with the local SEN FBO? (Airport itself) and are Jet Avaition going to give business away at BQH?
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Slots
I was just wondering if it might be possible that a new start up company may just have considered the present market conditions when they put their business plan together.
Just because the sharks already in the pit are eating each other chasing an ever decreasing piece of meat doesn't mean to say that a new entrant, say, a bigger shark can not simply move and and take all!
It appears from what I have heard and read that this new company has been founded as a subsidiary of a much larger and successful company. If it were my venture and knowing the competion and the market, I would have already soaked up as many slots as possible without anyone being aware of who I am. A company who has not named itself nor begun operations has all to gain from sitting back and enjoying as much anonymity as possible till they enter the show.
Possible plan: large plane operator see a small gap in the Market for a quick profit but don't want to stick around long because it isn't their normal ops.
They use someone else's AOC to accommodate the plane of choice.
They have already established contracts for ops and fuel.
They have been offered cheap planes from a repo bank who just want a return.
They have slots and handling already sorted out.
All they need to do is literally start flying on day one of Olympics and finish once the job is done.
They could just enter the Market, do the job and then retreat (or not if they choose)
These City boys may also be smart gamblers!
Just because the sharks already in the pit are eating each other chasing an ever decreasing piece of meat doesn't mean to say that a new entrant, say, a bigger shark can not simply move and and take all!
It appears from what I have heard and read that this new company has been founded as a subsidiary of a much larger and successful company. If it were my venture and knowing the competion and the market, I would have already soaked up as many slots as possible without anyone being aware of who I am. A company who has not named itself nor begun operations has all to gain from sitting back and enjoying as much anonymity as possible till they enter the show.
Possible plan: large plane operator see a small gap in the Market for a quick profit but don't want to stick around long because it isn't their normal ops.
They use someone else's AOC to accommodate the plane of choice.
They have already established contracts for ops and fuel.
They have been offered cheap planes from a repo bank who just want a return.
They have slots and handling already sorted out.
All they need to do is literally start flying on day one of Olympics and finish once the job is done.
They could just enter the Market, do the job and then retreat (or not if they choose)
These City boys may also be smart gamblers!
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They have been offered cheap planes from a repo bank who just want a return.
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They have been offered cheap planes from a repo bank who just want a return.
These City boys may also be smart gamblers!
But he who pays the piper calls the tune. Is it their shirts they will be losing if/when it goes tango uniform ?
Best of luck.
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Market is already dead
Tell your city boys to keep their hands in their pockets, they will join a long line of failed and failing charter comopanies based in the south east, one certian outfit in the south has been quietly getting rid of long servung and experienced crew after loosng half a dozen contracts this year alone..
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Whilst I am normally the eternal optimist and encourage new start ups,......... to enter the European short range biz jet market when the Eurozone is close to possible collapse (Olympics or not) is just insanity.
(They use someone else's AOC to accommodate the plane of choice.) This comes at a cost with complications.
(They have already established contracts for ops and fuel.) Cold hard cash talks and promises of things to come hold no value.
(They have been offered cheap planes from a repo bank who just want a return) Already covered.
(They have slots and handling already sorted out.) Would a company with no AOC or aircraft (and probably not even a registered company) be issued slots?
(All they need to do is literally start flying on day one of Olympics and finish once the job is done.) What happened to crew training, CAA observations and the rest of the very expensive processes involved with a new start up or AOC variation if piggy-backing?
(They could just enter the Market, do the job and then retreat (or not if they choose) In the highly competitive market that currently exists, the experienced operators will already have made their plans as well so I doubt some new guy is going to come in and make millions in a month and retreat. To believe this defies all logic.
(These City boys may also be smart gamblers!) or not in this case I'm afraid.
(They use someone else's AOC to accommodate the plane of choice.) This comes at a cost with complications.
(They have already established contracts for ops and fuel.) Cold hard cash talks and promises of things to come hold no value.
(They have been offered cheap planes from a repo bank who just want a return) Already covered.
(They have slots and handling already sorted out.) Would a company with no AOC or aircraft (and probably not even a registered company) be issued slots?
(All they need to do is literally start flying on day one of Olympics and finish once the job is done.) What happened to crew training, CAA observations and the rest of the very expensive processes involved with a new start up or AOC variation if piggy-backing?
(They could just enter the Market, do the job and then retreat (or not if they choose) In the highly competitive market that currently exists, the experienced operators will already have made their plans as well so I doubt some new guy is going to come in and make millions in a month and retreat. To believe this defies all logic.
(These City boys may also be smart gamblers!) or not in this case I'm afraid.
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We said suitcaseman, we all await to be corrected but maybe the big players have got it all wrong.........knowing about things at LTN, I doubt they will get a lookin.
As a side note, with the R.A.F basing a few fighters at NHT during Olympics, I wonder if that will limit their capacity planning?
As a side note, with the R.A.F basing a few fighters at NHT during Olympics, I wonder if that will limit their capacity planning?
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Can I smell something funny? Is there a bull in my living room?
Another operator offering charter from their aircraft. How can that wheel be re-invented? Ambeo, Blink and the likes came in and tried with two different strategies.
And besides, a solid city backing, even the city doesn't have a solid city backing, it's backed by my taxes.
Another operator offering charter from their aircraft. How can that wheel be re-invented? Ambeo, Blink and the likes came in and tried with two different strategies.
And besides, a solid city backing, even the city doesn't have a solid city backing, it's backed by my taxes.
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From reading the previous posts it's seems this new outfit is worrying a few individuals.
What you have to remember their present business model is not to take the crumbs of the market that the small operators in GA are fighting over now.
They have signed CONTRACTS in place!
They realised the fact they need to know what they are doing and when in order to arrange slots.
The fuel price has been hedged and all they need to do now is finalise the AOC /piggy back issues and hire the staff.
The problem with GA in the UK that it has a small minded attitude and they do not believe the wheel can be reinvented, when in fact it can - all you need to do is open your eyes !
What you have to remember their present business model is not to take the crumbs of the market that the small operators in GA are fighting over now.
They have signed CONTRACTS in place!
They realised the fact they need to know what they are doing and when in order to arrange slots.
The fuel price has been hedged and all they need to do now is finalise the AOC /piggy back issues and hire the staff.
The problem with GA in the UK that it has a small minded attitude and they do not believe the wheel can be reinvented, when in fact it can - all you need to do is open your eyes !
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it's seems this new outfit is worrying a few individuals.
ps give the guys at Ambeo, Sky Taxi, Blink, Bikkair etc a call as they are also very experienced in "their present business model is not to take the crumbs of the market that the small operators in GA are fighting over now."
