MyTravel - Crosland goes (again)
Join Date: Oct 2002
Location: uk
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12p now. Very worrying, a collapse would not do any of us any favors. I don't think that the other operators would expand capacity much, leading to lots of us being out of work and a buyers market for employers.
Join Date: Oct 2000
Location: near EGKK
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I have to point out the Irony.
Gulf War I. = Made the then Airtours a major player (ILG RIP)
Gulf War II. = Could hand the now MyTravel the ILG role.
Good luck to all in My Travel.
I've said it before & I'll say it again.
A Good Workforce let down by Poor management!
Gulf War I. = Made the then Airtours a major player (ILG RIP)
Gulf War II. = Could hand the now MyTravel the ILG role.
Good luck to all in My Travel.
I've said it before & I'll say it again.
A Good Workforce let down by Poor management!
Join Date: Sep 1999
Location: Middle England
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Jonty, interesting point re the £99 holidays......
In the same vain I ask how Ryanair, easy etc etc are making any money when you can fly for the price of a couple of pints in the local?
In the same vain I ask how Ryanair, easy etc etc are making any money when you can fly for the price of a couple of pints in the local?
Join Date: Oct 2000
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763 JOCK
The simple answer is "you cant"!
However you can dump you empty seats that you know will be empty regardless for the price of a pint or 2 & create a demand in the process. Then you yield control your way up to a profit. This in turn creates the
"If Ryanair / Easy are £150 then what must the others be?" syndrome and people will book at higher prices believing they are still low cost.
This works fine until the market becomes so saturated that you can't yield manage up because a competitor is always cheaper than you. Then you find your stuck with empty seats and the seats you have sold are at no margin anyway.
This is the problem with the over capacity we have in the Charter market currently.
The only way to avoid this happening to the low cost market is to try not to compete with other low costs too much and of course by up the competition, but, how long that can continue I just don't know.
I ask how Ryanair, easy etc etc are making any money when you can fly for the price of a couple of pints in the local?
However you can dump you empty seats that you know will be empty regardless for the price of a pint or 2 & create a demand in the process. Then you yield control your way up to a profit. This in turn creates the
"If Ryanair / Easy are £150 then what must the others be?" syndrome and people will book at higher prices believing they are still low cost.
This works fine until the market becomes so saturated that you can't yield manage up because a competitor is always cheaper than you. Then you find your stuck with empty seats and the seats you have sold are at no margin anyway.
This is the problem with the over capacity we have in the Charter market currently.
The only way to avoid this happening to the low cost market is to try not to compete with other low costs too much and of course by up the competition, but, how long that can continue I just don't know.
Join Date: Jun 2000
Location: Here, but soon will be there
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The future of Airtours - occasionally known as MyTravel - is now only in the hands of the banks. They have had a reprive until November, agreed, but if bombs start falling, will they be getting cold feet....I think so.
I sincerely hope that MyTravel survives having worked for one company that ceased trading. It is an experience I would not wish on my worst enemy.
My feeling is that we are in for a challenging period with the UK economy and aviation is going to go through a tough time so it's time to batten down the hatches and weather the storm. Don't put all your eggs in one basket, stay flexible and get your cv in the post to everyone!
Good Luck to all in My Travel - hope it all works out ok!
My feeling is that we are in for a challenging period with the UK economy and aviation is going to go through a tough time so it's time to batten down the hatches and weather the storm. Don't put all your eggs in one basket, stay flexible and get your cv in the post to everyone!
Good Luck to all in My Travel - hope it all works out ok!
Join Date: May 2001
Location: UK
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I don't think it's all doom and gloom now. A few months ago, I thought we were done for, but the company has a huge amount of assets they could sell and keep the core UK holiday business going.
The crisis was never about bottom-line profitability - it was about crap management and disastrous accounting. Whether or not that has been resolved remains to be seen.
The airline has picked up some contracts to some real ****-holes, as well as the very lucrative Hajj, and some ermm military work which I'm sure you all saw on the BBC (idiots). I think we can expect to see more and more flights into war-torn regions as the long-haul holidays fall off ! MYT-666 to Burundi anyone ?! If it keeps the airline going, I couldn't care less. I have a big pile of anti-malarial tablets and if the company goes under, I will personally insert every single one into the backsides of the people responsible, as there is no reason whatsoever for this company to go to the wall.
On paper it's good - certainly better than Brittania, and our major gripe seems to be discovering company news on Teletext and here, before we're told about it !
The crisis was never about bottom-line profitability - it was about crap management and disastrous accounting. Whether or not that has been resolved remains to be seen.
The airline has picked up some contracts to some real ****-holes, as well as the very lucrative Hajj, and some ermm military work which I'm sure you all saw on the BBC (idiots). I think we can expect to see more and more flights into war-torn regions as the long-haul holidays fall off ! MYT-666 to Burundi anyone ?! If it keeps the airline going, I couldn't care less. I have a big pile of anti-malarial tablets and if the company goes under, I will personally insert every single one into the backsides of the people responsible, as there is no reason whatsoever for this company to go to the wall.
On paper it's good - certainly better than Brittania, and our major gripe seems to be discovering company news on Teletext and here, before we're told about it !
Join Date: May 2001
Location: UK
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They are contracts, ATIS. Nothing to do with holiday-makers. Position 233 Joe Bloggses into Africa with their 100Kg of ermm luggage.
Djibouti is the one that springs immediately to mind and, yes, of course they are full....and hopefully earning a shed load of money to offset the deficits that have been run up. There are other contracts we have to equally unpleasant destinations, but it's better than sitting on the ground, idle. Just
The demand is there.... it's just not your bucket 'n spaders to Tenerife, but the company seems pretty pro-active in pursuing alternative contracts to holiday bookings. I don't personally have a problem with this, but it might be time to get that sand-camouflage scheme painted up !
Djibouti is the one that springs immediately to mind and, yes, of course they are full....and hopefully earning a shed load of money to offset the deficits that have been run up. There are other contracts we have to equally unpleasant destinations, but it's better than sitting on the ground, idle. Just
The demand is there.... it's just not your bucket 'n spaders to Tenerife, but the company seems pretty pro-active in pursuing alternative contracts to holiday bookings. I don't personally have a problem with this, but it might be time to get that sand-camouflage scheme painted up !
Join Date: Jul 2001
Location: UK
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Myt have an excellent Commercial team led by the "Gov" who would sell his wife if he could make a handy profit and Ad
Hoc specialist Lee lanky tosser, whose only interest when i left
was could he have my food card...
Had i still been there they probably would have gone down given my Airline track record but i'm long gone so confident Myt will be here for the future
Wot no Crews?
Hoc specialist Lee lanky tosser, whose only interest when i left
was could he have my food card...
Had i still been there they probably would have gone down given my Airline track record but i'm long gone so confident Myt will be here for the future
Wot no Crews?
