flyBMI about to fold
a recently published article makes for some interesting reading. I can't post it as i'm new on this but a google search of flybmi news will show it. It's written by the kid Alex Macheras who is no more than a nobody with some social media following however if what he's saying is correct, it doesn't look good for the company.
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This is the article referred to - make of it what you will:
https://aviationanalyst.co.uk/2019/0...t-to-collapse/ |
Looks Bad. Think I might be at the Job centre Monday. :-(
Anyone need a pilot. ATPL.4000TT, 2500 Multi Crew Jet. Command recomendations. Current as of yesterday. Based Glasgow, or commuting contract. Either that or a taxi driver ? |
You would get RHS easy with that or FR nae bother.
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Yes,but based where?
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I sincerely hope this is not the case. would Loganair snap up some of the Jets and crews? I know they are operating some. if true Good luck folks.. |
That's the betting. I hope so.
I think a Tartan uniform would suit me. |
Flybe/Connect/Virgin (whatever we are at the moment) are desperate for DEC onto the Q400 with a GLA base probably available immediately. |
Frying pan fire ??
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Flybe are desperate for DEC especially at Glasgow.
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Apparently crews are getting an update at 18:30 so we shall see.
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sadly looks like its about to be all over, the website is not accepting any more bookings
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All over - see www.flybmi.com
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Bugger, good luck folks |
What a real shame, feel sorry for all the staff and crew affected by this. It feels like every other week and airline is collapsing.
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Sad to see 8 aircraft sat at BRS right now. all the best to crews.
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Breaking on BBC News now: https://www.bbc.co.uk/news/uk-47267901
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Good luck guys - awful to see this happening again to great people. Lots of recruiting going on though so hopefully you’ll find something quickly |
Seems so wrong that this has happened for God's sake.
Good Luck to all you chaps and chapesses involved in finding pastures new, etc. |
Sad news. Been there twice. Rotten for all the employees, and many of the airline's suppliers. Best of luck to you all.
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I had the pleasure of landing BMI’s last passenger flight. Good luck to everyone here, I’ll see you on the other side. |
The FlyBMI website isn't handling the load too well.
A copy of the press release is here: https://www.theaviationeye.com/2019/...ediate-effect/ I hope the crews can find somewhere else soon! |
Sorry to hear this news. Seems like it’s happening all too frequently. I’ve been there with Monarch and I wish all the crew the very best of luck in finding something quickly. |
BBC website shows a picture of an A319! My sympathy goes to all the staff, not least the guys I heard on frequency this morning over southern Germany, inbound to Munich, perhaps? |
From their website:
Game over.... https://www.flybmi.com/ Press Release: 16 February 2019British Midland Regional Limited, the East Midlands-based airline which operates as flybmi, has today announced that it has ceased operations and is filing for administration.Flybmi operates 17 regional jet aircraft on routes to 25 European cities. All flights have been cancelled with effect from today. Customers who booked directly with flybmi should contact their payment card issuer to obtain a refund for flights which have not yet taken place. Customers who have booked flybmi flights via a travel agent or one of flybmi’s codeshare partner airlines are recommended to contact their agent or airline for details of options available to them. Customers who have travel insurance should contact their travel insurance provider to find out if they are eligible to claim for cancelled flights and the procedure for doing so. A spokesperson for flybmi said: “It is with a heavy heart that we have made this unavoidable announcement today. The airline has faced several difficulties, including recent spikes in fuel and carbon costs, the latter arising from the EU’s recent decision to exclude UK airlines from full participation in the Emissions Trading Scheme. These issues have undermined efforts to move the airline into profit. Current trading and future prospects have also been seriously affected by the uncertainty created by the Brexit process, which has led to our inability to secure valuable flying contracts in Europe and lack of confidence around bmi’s ability to continue flying between destinations in Europe. Additionally, our situation mirrors wider difficulties in the regional airline industry which have been well documented. “Against this background, it has become impossible for the airline’s shareholders to continue their extensive programme of funding into the business, despite investment totalling over £40m in the last six years. We sincerely regret that this course of action has become the only option open to us, but the challenges, particularly those created by Brexit, have proven to be insurmountable. “Our employees have worked extremely hard over the last few years and we would like to thank them for their dedication to the company, as well as all our loyal customers who have flown with us over the last 6 years.” Bmi Regional employed a total of 376 employees based in the UK, Germany, Sweden and Belgium. Notes:
Information for Customers & Customer Questions and AnswersThis document has been prepared in order to provide high level information for customers of the Company who have booked one or more flights that have not yet flown (the “Customers”). This document contains general information which may be relevant to Customers and is not deemed to be specific advice to any particular Customer. This document is intended for information for the Customers of the Company only and is not exhaustive of every right or option which may be available to a Customer.OVERVIEW
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Friends do not flinch at an opportunity at the wrong base. Currency is your weapon in this industry. FlyBe, BACF, Stobart, Jota and further afield Air Baltic and Adria... all hiring and desperately need your experience.
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PPRUNE bmi forum available for off site discussion
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What a shame, but all down to the lack of direction at senior level...
Employees weren't even informed (or thanked) until 20 minutes after the public press relase went out, shocking really. |
Thats very sad news,
I flew with them the other week BRU - EMA and rather enjoyed the flight. Good luck to the guys & girls finding employment elsewhere. |
A very sad day for the staff. I used to regularly pax on the ERJ-135 from Manchester to Aberdeen, always seemed to be a well run operation. |
It’s a real sad time for all involved and the industry in general and I hope it works out ok for everyone long term. BMIR had a good bunch working there - some going back to the old Business Air days. i wish the best to all - the UK regional scene is fast depleting. |
carbon costs, the latter arising from the EU’s recent decision to exclude UK airlines from full participation in the Emissions Trading Scheme.
gotta love it, another EU boondoggle..... |
Does Airline Investments still have same shareholders? |
Someone recently for advice on joining BMI vs another airline. One of the conciderations I brought up was the potential issues laying ahead for BMI being a UK operator with a substantial part of it’s operations being between EU countries outside the UK.... Very sad for all the employees but as already mentioned at least there are a lot of companies hiring. Good luck to all of you. CP |
Originally Posted by ironbutt57
(Post 10392235)
carbon costs, the latter arising from the EU’s recent decision to exclude UK airlines from full participation in the Emissions Trading Scheme.
gotta love it, another EU boondoggle..... Over £2million in unpaid pax compensation. No crew retention policy, poor resourcing. All blamed on Brexit? We used to be the most punctual airline in the UK...year on year. Poor management. Fullstop. |
" The airline carried 522,000 passengers on 29,000 flights in 2018"
Is that a true fact? That equates to EIGHTEEN pax per flight........... Sorry, guys and gals, many of us have suffered poor management decisions over the years which resulted in job and pension demises. |
Brexit, carbon trading schemes etc etc. All bull**** and all preplanned way way in advance. They never had a plan in case of a Brexit. Just a big cover up and poor excuse for their dodgy plan. The bond brothers......they will just continue. |
The bond brothers......they will just continue. |
Originally Posted by cBoxMungo
(Post 10392457)
Using the numbers from Wikipedia looks like an average load factor of about ~40%* *(Maths could be well off) 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. |
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