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-   -   flyBMI about to fold (https://www.pprune.org/rumours-news/618468-flybmi-about-fold.html)

Alpine Flyer 17th Feb 2019 10:25


Originally Posted by cBoxMungo (Post 10392457)

Using the numbers from Wikipedia looks like an average load factor of about ~40%*

Maths seems to be OK, and load factors like these used to be no problem with business fares about a decade ago. When the CRJ was introduced at my then company it reportedly needed 13 seats filled to break even, the other 37 providing profits. Companies happily paid the equivalent of more than 1000 EUR for a return ticket for a 1:15 flight. No carbon tax, less fees (and not to forget lower salaries).

Add higher cost pressure by corporate travel departments and availability of low-fare "next door" with people weighing the inconvenience of a 1-2 hour drive to the airport against a business fare as well as the increase in high-speed rail across Europe and the niche for regionals gets ever smaller. Not many true independent regionals remain and the advantage the UK enjoyed with all the water around making air travel the only option in many cases diminishes as its economic future is clouded over Brexit.

I found the figure of less than 400 staff interesting for an airline this size. Seems rather lean.


C195 17th Feb 2019 11:49


Originally Posted by Alpine Flyer (Post 10392511)
I found the figure of less than 400 staff interesting for an airline this size. Seems rather lean.

It does seem to be lean. Anyone know how many pilots they employed?

DaveReidUK 17th Feb 2019 12:07

BBC lunchtime news illustrating their feature on flyBMI with library shots of a BMI A319.

Bless. :O

FlyingApe 17th Feb 2019 12:14


Originally Posted by C195 (Post 10392576)


It does seem to be lean. Anyone know how many pilots they employed?

About 125. Never stable.

Richard Taylor 17th Feb 2019 12:17

Least it wasn't a DC9!!

Loganair are picking up the ABZ routes to BRS, EBJ & OSL from 4 March. Almost as if the sister company saw it coming….. :O

Icanseeclearly 17th Feb 2019 12:44

Not sure Loganair have the aircraft to just pick the routes up, hopefully it will mean they will take some of Flybmi’s aircraft crews and engineers. The fact they operate the Embraer should make it fairly straightforward to achieve this.

NoelEvans 17th Feb 2019 13:47


Originally Posted by FlyingApe (Post 10391841)
Looks Bad. Think I might be at the Job centre Monday. :-(

...

Do exactly that on Monday. And convince everyone else to do so too. If that next job takes a little too long, the Job Centre will be able to provide that reference that might be very important for your "last X-number of years" reference trail.

A good bunch of pilots and cabin crew there, I hope that you all get new jobs soon enough that you don't need that Job Centre reference to fill the gap. Good luck to all of you.

ManaAdaSystem 17th Feb 2019 14:07

So when is (was) payday in Flybmi?
Did they shut down just in time to avoid paying their staff?

I second whoever said this airline must be one of the best kept secrets in the aviation world. I have seen their aircraft from time to time, but have no idea where they used to fly.

Mr Angry from Purley 17th Feb 2019 14:34


Originally Posted by ManaAdaSystem (Post 10392682)
So when is (was) payday in Flybmi?
Did they shut down just in time to avoid paying their staff?

I second whoever said this airline must be one of the best kept secrets in the aviation world. I have seen their aircraft from time to time, but have no idea where they used to fly.

Mid month almost definitely - I worked for an Airline that went bust i got the pay slip but no money in the bank. I suspect as usual the Pilots and Mx will get gobbled up quickly, for Cabin Crew and Office Staff - not a good time. Best wishes to you all.

switch_on_lofty 17th Feb 2019 16:18

Almost definitely mid-month?
Not in the months I worked there. It was the last working day of the month.

ShyTorque 17th Feb 2019 17:30


Least it wasn't a DC9!!
The accuracy of the BBC news seems to be getting ever worse. The first few news items about the A380 production coming to an end incuded images of an aircraft that actually had "Airbus A320" emblazoned down the side...

Hotel Tango 17th Feb 2019 17:32

An honest question: Without feeder contracts with one or more majors, can an airline make money with a fleet of EMB-145s? I was once told that they were pretty cheap to operate, but that was many many moons ago.

RexBanner 17th Feb 2019 18:22


Originally Posted by ShyTorque (Post 10392833)
The accuracy of the BBC news seems to be getting ever worse. The first few news items about the A380 production coming to an end incuded images of an aircraft that actually had "Airbus A320" emblazoned down the side...

The thing is with the media that if they’re that this misinformed and/or ignorant about aviation matters then you have to assume there’s a good chance that this level of ignorance corresponds across the board to all of their other “news”. It’s a pretty damning indictment of what they shove down our throats on a daily basis.

andrewn 17th Feb 2019 18:36


Originally Posted by Webby737 (Post 10392499)
Sounds about right.
I can only base this assumption on the two mid week flights I took with BMI on the same day, on both flights the aircraft was maybe 30 - 40% full.
Strangely enough, if I didn't work at an airport I would have never known they existed, I never saw or heard any form of advertising or promotion.
This is a real shame, I'm sure with the correct management BMI could (should have !) have been a success.

Same here - I (wrongly) assumed that BMI/flyBMI had both disappeared a good few years ago.

Presumably this failure has to be good news for flybe, at least?

hard_landing 17th Feb 2019 18:41

I’d say their sister airline Loganair will hoover up the pilots and engineers to fly the Embraer 135 and 145 that were transferred to Loganair a few months ago. In fact I’m fairly sure that some of the routes that BMIR were flying up until this week will now be flown by Loganair.

OUAQUKGF Ops 17th Feb 2019 18:50

Three FLYBMI aircraft arrived Norwich 16th February for storage.

solent 17th Feb 2019 19:02

Call me a cynic but, the sister company just happens to be able the next day after FlyBMI’s demise to offer some of the routes it used to do.

The sister company over the last few months just happens to take on the E135/E145 type to its AOC and took 2 aircraft plus support from said sister company and are now fully up and running then the owners who own the sister company put FlyBMI down.

This has been in the planning for a while and the poor staff have paid for it with their jobs. Let’s hope they all get new jobs as fast as humanly possible.

Really poor from the owners. Good luck all.


ivor toolbox 17th Feb 2019 20:18


Originally Posted by solent (Post 10392907)
Call me a cynic but, the sister company just happens to be able the next day after FlyBMI’s demise to offer some of the routes it used to do.

The sister company over the last few months just happens to take on the E135/E145 type to its AOC and took 2 aircraft plus support from said sister company and are now fully up and running then the owners who own the sister company put FlyBMI down.

This has been in the planning for a while and the poor staff have paid for it with their jobs. Let’s hope they all get new jobs as fast as humanly possible.

Really poor from the owners. Good luck all.


Cynic, maybe, but you might have just hit the proverbial nail on the head. All seems too convenient.

Ttfn

nightfright 17th Feb 2019 22:19

To lay the blame on brexit and the rest is totally gob****e.....these issues were well known to them for years... and no planning to avoid. The flights were simply too expensive with no commercial direction for the company on what they were offering and market, was the clear cause of the demise and poor staff pay the price......

they were looking for self sponsored crews 2 weeks back - surely they know well before then where they were heading!

Alpine Flyer 17th Feb 2019 22:19


Originally Posted by PA28161 (Post 10392660)
but let's not kid ourselves that the underlying problems are the iniquitous taxes and penalties forced on airlines and pax (and in other industries too) in the misguided, erroneous, all time gargantuan myth called man made global warming.

Brexit will have harmed them more than carbon taxes. I don't know where and how long you have lived on this planet. I can only remember close to half a century and even discounting that as a kid I might have felt the cold a bit more with less fat for insulation, winters were longer and colder 45 years ago. We used to have continuous snow cover around the city for at least a couple of weeks every year, while it all melts away now after a day or two. Ski resorts in the mountains used to have snow without lots of expensive equipment to make it themselves. It's pretty obvious to me that there is global warming.


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