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Search: Posts Made By: Albert Hall
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28th Oct 2020, 20:32
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

Or perhaps the other airlines just see it for...

Or perhaps the other airlines just see it for what it is - a play to realise some value from the LHR and AMS slots by holding on to them during thin times to sell them when the market picks up.
20th Oct 2020, 22:09
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

I could pick on several posts here, but... ...

I could pick on several posts here, but...

They have a brand which was so toxic after the hand baggage fiasco that they were having to plan a full re-brand before they went bust.
The market is...
19th Oct 2020, 09:43
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

I notice that there's no mention of one very...

I notice that there's no mention of one very important element in any of the announcement - slots. As the business is being sold but not the legal entity, the Operating Licence and AOC will need to...
17th Oct 2020, 19:26
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

I understand that the CAA position is that an...

I understand that the CAA position is that an Accountable Manager must be in place, but if there are no operations ongoing, there is no risk to be managed and therefore other postholders are...
24th Jun 2020, 07:49
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

I think my understanding is pretty up-to-date but...

I think my understanding is pretty up-to-date but I believe the problem you are citing is one around differences between insolvency laws which are not the CAA's bag.

As of today, Flybe's Operating...
23rd Jun 2020, 23:37
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

The Flybe Operating Licence remains suspended but...

The Flybe Operating Licence remains suspended but not yet revoked.

The statement about the UK CAA approach being more restrictive than in other EU countries isn't correct. If you take...
19th Jun 2020, 12:25
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

Read the CAA Official Record report. Flybe...

Read the CAA Official Record report. Flybe approached the Government on 12 January to say that it had run out of cash and needed Government support to keep flying. At least in terms of news...
18th Jun 2020, 20:57
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

Jamie, you beat me to it. Couldn't find it...

Jamie, you beat me to it. Couldn't find it myself.
18th Jun 2020, 20:56
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

Word is that the CAA have put a stop to any...

Word is that the CAA have put a stop to any further Q400 ferry activity until the incident in Aberdeen is understood and actions to prevent a recurrence are in place.

On the Flybe restart, this is...
4th May 2020, 17:20
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

Sorry - BOH, you beat me to it as I was typing. ...

Sorry - BOH, you beat me to it as I was typing. We're saying the same thing.
4th May 2020, 17:19
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

Those financial numbers - assuming they are...

Those financial numbers - assuming they are trading losses and not the "gone concern" losses - are truly shocking. By that, I mean that when an airline defaults under a lease, the lease contains a...
29th Mar 2020, 17:49
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

Although the switch to Amadeus wasn't helpful, I...

Although the switch to Amadeus wasn't helpful, I think there were some rather larger issues around!

RivetJoint, I'd been told that the lessors had afforded Flybe quite a lot of latitude as they...
29th Mar 2020, 13:24
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

Question: does anyone really, genuinely believe...

Question: does anyone really, genuinely believe that Flybe would have survived anyway had Coronavirus not come along? Its financial woes (the latest round) hit the headlines in January and remained...
29th Mar 2020, 10:27
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

I think it's a mechanism to enable the...

I think it's a mechanism to enable the Administrator to keep the company dormant in administration but to furlough instead of making the employees redundant. In that way, they'd qualify for the...
24th Feb 2020, 14:25
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

That is a somewhat harsh description of the...

That is a somewhat harsh description of the Sunday Telegraph. We all have our opinions and political outlook on life, but really?
24th Feb 2020, 12:11
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

The extra services added are Saturday afternoon...

The extra services added are Saturday afternoon and Sunday mornings for which Flybe could request the remedy slots from BA. They had no obligation to do so, but having requested and been given them,...
21st Feb 2020, 09:45
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

Clause 1.3.7 on page 178 of that document. The...

Clause 1.3.7 on page 178 of that document. The Slot Release Agreement contains a perpetual restriction on sale or transfer.

These slots are leasehold and not freehold, to use a property...
21st Feb 2020, 07:49
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

The slots do not become Flybe’s at any time. All...

The slots do not become Flybe’s at any time. All that happens in a few weeks’ time is that they have new flexibility over the destinations to which those LHR slots can be flown. They are not able...
3rd Feb 2020, 21:36
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

Dear God, I hope so. A £500m loan into Flybe is...

Dear God, I hope so. A £500m loan into Flybe is simply unthinkable. Imagine how many management consultants and shareholders' advisors would be queuing up to take thier share of that large pot of...
3rd Feb 2020, 20:15
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

Brigantee - I know what they say about the...

Brigantee - I know what they say about the British sense of humour being difficult to catch, but that's to a whole new level of sardonic, black humour. Isn't it? Really?
3rd Feb 2020, 19:36
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

Brigantee, this is an airline which has ploughed...

Brigantee, this is an airline which has ploughed through the dowry which came with BA Connect, has twice had to sell its Gatwick slots to raise money, has eaten up £150m cash raised in a rights issue...
2nd Feb 2020, 17:32
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

So you’re seriously short of cash and you go into...

So you’re seriously short of cash and you go into competition with the national carrier of Luxembourg on a route where they can’t afford to lose a war. Genius.
21st Jan 2020, 23:20
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

^^^ You'll need to ask Norwegian that question....

^^^
You'll need to ask Norwegian that question. I don't think Norwegian know the answer to that themselves, yet....
15th Jan 2020, 20:57
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

I read it differently, that BA had wanted to do a...

I read it differently, that BA had wanted to do a summer LHR-NQY service without subsidy on a commercial basis. This would be alongside, rather than instead of, the PSO but as the route is "closed"...
8th Jan 2020, 21:11
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

Meanwhile, back at the ranch - does anyone have a...

Meanwhile, back at the ranch - does anyone have a clue what is going on with the Newquay-London PSO flights for this summer? This really is extraordinary.
5th Jan 2020, 09:31
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

Perhaps some news about the customer proposition,...

Perhaps some news about the customer proposition, particularly whether the hand baggage policy and policing thereof are to continue as they are today despite p***ing off more passengers than probably...
29th Sep 2019, 14:40
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

Apologies, I had forgotten Newquay. It...

Apologies, I had forgotten Newquay.

It does look like LCY-DUS has also gone. This is turning into a fairly major network change.
29th Sep 2019, 13:17
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

Not accurate. Flybe sold their LGW slots to...

Not accurate. Flybe sold their LGW slots to easyJet several years ago, and stopped flying JER/GCI/BHD/ABZ/INV-LGW at the time. The move to obtain remedy slots at LHR was much later and not...
18th Aug 2019, 17:15
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

I'd be amazed if this happens and I think it's...

I'd be amazed if this happens and I think it's highly unlikely. The economics of a 145 on a short, low-yield sector must be poor to begin with, never mind in a fare war. It simply won't be worth...
7th Jul 2019, 08:56
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

I would have thought that EasyJet (with a base in...

I would have thought that EasyJet (with a base in AMS and an operation at BHX) would look very seriously at this. Amsterdam slots are like rocking horse droppings right now due to the environmental...
7th Feb 2019, 21:23
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

In recent times, it appears to have been the case...

In recent times, it appears to have been the case that if a deal didn't go through quickly with someone, the airline would have ceased trading. The overnight emergency rescue mission only three weeks...
30th Jan 2019, 18:27
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

Laffin’s ego is one of the main reasons why the...

Laffin’s ego is one of the main reasons why the airline is in the state it is today. If the Board had been operating properly, he would have been gone over a year ago. Quite aside from his CEO...
17th Jan 2019, 20:23
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

I was talking to someone a couple of months ago...

I was talking to someone a couple of months ago who was closely involved at the time, but is no longer connected. He reckoned that the whole revenge agenda against Loganair had been cooked up by the...
13th Jan 2019, 14:06
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

From what I've heard, the mood in Exeter is very...

From what I've heard, the mood in Exeter is very similar to that of the private investor shareholder base in Flybe - one of shock and upset about how the company has ended up here as quickly as it...
13th Jan 2019, 13:25
Replies: 4,519
Views: 2,996,083
Posted By Albert Hall

Sorry - I am sure the Manchester hub operation...

Sorry - I am sure the Manchester hub operation also has good value to Virgin in future, as does greater control of AMS and CDG slots for KLM and Air France, as shareholders in VS. It is not...
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