Go Back  PPRuNe Forums > Flight Deck Forums > Rumours & News
Reload this Page >

Wizzair Announcement tomorrow

Rumours & News Reporting Points that may affect our jobs or lives as professional pilots. Also, items that may be of interest to professional pilots.

Wizzair Announcement tomorrow

Old 13th Apr 2020, 14:10
  #1 (permalink)  
Thread Starter
 
Join Date: Jan 2004
Location: London
Posts: 107
Likes: 0
Received 0 Likes on 0 Posts
Wizzair Announcement tomorrow

Does anyone know what the big announcement Wizzair are making to their staff tomorrow lunchtime is about?
It doesn't sound like it will be positive news.
Hotel Uniform Yankee is offline  
Old 13th Apr 2020, 15:24
  #2 (permalink)  
 
Join Date: Dec 2003
Location: A little South of North
Posts: 275
Likes: 0
Received 0 Likes on 0 Posts
Arguably, if anyone did know there would be no need for an announcement! You'll just have to wait.
Pistonprop is offline  
Old 13th Apr 2020, 15:43
  #3 (permalink)  
 
Join Date: Nov 2004
Location: heathrow
Posts: 292
Received 0 Likes on 0 Posts
They owe me a refund and say an announcement about claiming via website will be available tomorrow. Maybe just this and nothing more sinister.
cjhants is offline  
Old 13th Apr 2020, 16:05
  #4 (permalink)  
 
Join Date: Apr 2014
Location: Korea
Posts: 126
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by cjhants
They owe me a refund
Must be fairly large.
Euclideanplane is offline  
Old 13th Apr 2020, 16:54
  #5 (permalink)  
 
Join Date: Dec 2014
Location: Uk
Posts: 4
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by cjhants
They owe me a refund and say an announcement about claiming via website will be available tomorrow. Maybe just this and nothing more sinister.

yeah, Iím sure theyíd announce to their staff, that they owe you a refund
Meester proach is offline  
Old 13th Apr 2020, 18:50
  #6 (permalink)  
 
Join Date: Mar 2003
Location: uk
Posts: 36
Likes: 0
Received 0 Likes on 0 Posts
heard they are going to buy a majority shareholding in easyjet
scrotometer is offline  
Old 13th Apr 2020, 19:04
  #7 (permalink)  
 
Join Date: Apr 2019
Location: gz
Posts: 29
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by scrotometer
heard they are going to buy a majority shareholding in easyjet
Big if true.
Neufunk is offline  
Old 13th Apr 2020, 19:41
  #8 (permalink)  
 
Join Date: Dec 2007
Location: N/A
Posts: 1,190
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by scrotometer
heard they are going to buy a majority shareholding in easyjet
I have heard similar, that there will be a merger of sorts but they'll continue operating under separate brands.
student88 is offline  
Old 13th Apr 2020, 19:43
  #9 (permalink)  
 
Join Date: Jan 2019
Location: Nowhere
Posts: 636
Likes: 0
Received 0 Likes on 0 Posts
Surely they couldn't afford to buy a majority shareholding?
Busdriver01 is offline  
Old 13th Apr 2020, 19:48
  #10 (permalink)  
 
Join Date: Aug 2016
Location: Ilmington, Warwickshire
Posts: 2
Likes: 0
Received 0 Likes on 0 Posts
A merger with Norwegian.
BehindBlueEyes is offline  
Old 13th Apr 2020, 20:05
  #11 (permalink)  
 
Join Date: May 2006
Location: UK
Posts: 113
Likes: 0
Received 0 Likes on 0 Posts
Buying BA SH arm at LGW
zero/zero is offline  
Old 13th Apr 2020, 20:09
  #12 (permalink)  
 
Join Date: Aug 2016
Location: Ilmington, Warwickshire
Posts: 2
Likes: 0
Received 0 Likes on 0 Posts
https://www.aviation24.be/airlines/l...-acquisitions/
BehindBlueEyes is offline  
Old 13th Apr 2020, 21:16
  #13 (permalink)  
 
Join Date: Oct 2009
Location: UK
Posts: 1,058
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by BehindBlueEyes
This article was posted prior to coronavirus so it has no use any more.
giggitygiggity is offline  
Old 13th Apr 2020, 21:27
  #14 (permalink)  
 
Join Date: Mar 2018
Location: Central UK
Posts: 1,555
Received 98 Likes on 53 Posts
Originally Posted by Busdriver01
Surely they couldn't afford to buy a majority shareholding?
No one ever imagined Easyjet could afford a buyout of Go until that black day when they did, even paying a multiple of what it was worth just to erase the competition that they couldnt compete with from the market.

It could be that with the right financial backing and EJ share price where it is at present (⅓ of what it ought to be) they simply can't afford not to.
If they have big aspirations in mind now is the time to grab a bargain because when the bug is vanquished shares in locos will soon be back where they ought to be.

meleagertoo is offline  
Old 13th Apr 2020, 21:32
  #15 (permalink)  
 
Join Date: Feb 2005
Location: Botswana
Posts: 887
Likes: 0
Received 0 Likes on 0 Posts
Think people are getting a bit carried away here. To think that any airline right now is going to use a large part of its liquidity - which they desperately need just to remain a going concern - in order to make acquisitions (especially as big as taking control of U2) is IMHO absolutely batsh1t crazy. Even IAG are trying to get out of the Air Europa deal. Of course this comment could age very badly as quickly as tomorrow morning but I just cannot see it.
RexBanner is offline  
Old 13th Apr 2020, 21:40
  #16 (permalink)  
 
Join Date: Oct 2002
Location: London UK
Posts: 7,610
Likes: 0
Received 13 Likes on 11 Posts
In my experience announcements that have to be preceded by an advance "We will be making an announcement in two days time" invariably turn out to be trivia, such as a new colour palette for the logo. And in fact the stock exchanges of quoted companies would not accept such advance "warning" that is coded for insiders for anything major.
WHBM is offline  
Old 13th Apr 2020, 21:42
  #17 (permalink)  
 
Join Date: Jul 2007
Location: World
Posts: 2,550
Likes: 0
Received 0 Likes on 0 Posts
For the record Wizz and easyJet have basicly the same market value, and neither has the cash available to take over the other one, especially in the middle of this crisis.
I donít see the value of a merge at this point when everybody is fighting for survival but who knows
dirk85 is offline  
Old 13th Apr 2020, 22:45
  #18 (permalink)  
 
Join Date: Jul 2019
Location: Ukraine
Posts: 39
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by dirk85
For the record Wizz and easyJet have basicly the same market value, and neither has the cash available to take over the other one, especially in the middle of this crisis.
I donít see the value of a merge at this point when everybody is fighting for survival but who knows
but maybe not 100% ownership, who knows, we'll know in several hours
iandy912i is offline  
Old 14th Apr 2020, 00:27
  #19 (permalink)  
 
Join Date: Dec 2010
Location: over that way
Posts: 6
Likes: 0
Received 0 Likes on 0 Posts
They will commence domestic operations in Australia, extending to trans tasman shortly thereafter. They are just awaiting Virgin to fall over due to 10 years of terrible management and a lack of capital input from the owners. This is a rumour network right?
decoder is offline  
Old 14th Apr 2020, 01:48
  #20 (permalink)  
 
Join Date: Oct 2009
Location: UK
Posts: 1,058
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by decoder
They will commence domestic operations in Australia, extending to trans tasman shortly thereafter. They are just awaiting Virgin to fall over due to 10 years of terrible management and a lack of capital input from the owners. This is a rumour network right?
To be fair, when an FO told me WIZZ had announced that they were starting operations in Abu Dhabi I met that with similar disbelief!
giggitygiggity is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.