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Search: Posts Made By: pholling
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5th May 2020, 14:56
Replies: 560
Views: 425,141
Posted By pholling

As long as the 80% rules remains suspended they...

As long as the 80% rules remains suspended they don't have to do anything. However, my guess is that they are using the slots as a sweetener for whomever may be interested purchasing/purchasing a...
4th May 2020, 15:40
Replies: 2,314
Views: 403,308
Posted By pholling

The funny thing about the filters is that they...

The funny thing about the filters is that they filter out more stuff the dirtier they get, at least for a while. The reason it makes sense to change them is that your fuel burn goes up as they get...
4th May 2020, 15:26
Replies: 2,314
Views: 403,308
Posted By pholling

More appropriately, if you want to use track and...

More appropriately, if you want to use track and trace to keep an outbreak suppressed you need lots of bodies doing the track and trace. This becomes pretty unwieldy when you have >>2/100k new cases...
22nd Apr 2020, 17:00
Replies: 2,314
Views: 403,308
Posted By pholling

The key is to become an immunologically aware...

The key is to become an immunologically aware population. This isn't the same a herd immunity, which stops it from transmitting. What is relies on is the most people have had some exposure to the...
22nd Apr 2020, 16:32
Replies: 54
Views: 28,202
Posted By pholling

The issue with a court case is you have to be...

The issue with a court case is you have to be able to front the costs, as if you win they are all recoverable. The key thing is by law, an airline that refuses to refund the payment for a cancelled...
22nd Apr 2020, 16:10
Replies: 604
Views: 407,191
Posted By pholling

The UK makes no specification on the ownership...

The UK makes no specification on the ownership percentages for UK AOCs. Other countries do, as does the EU. The big Brexit rub is that to operate inside the UK and between the UK and many 3rd...
12th Mar 2020, 15:38
Replies: 2,314
Views: 403,308
Posted By pholling

The issue is he can't stop US persons from...

The issue is he can't stop US persons from returning in the general sense. They have an automatic right to entry. He could impose an involuntary quarantine on return, but that would not fit his other...
21st Oct 2019, 09:11
Replies: 2,995
Views: 2,696,428
Posted By pholling

4xA321s only wouldn't make sense to put on the...

4xA321s only wouldn't make sense to put on the AoC and develop a mtc. However, if the plan were more in the longer-term these would make sense.
14th Oct 2019, 15:16
Replies: 2,995
Views: 2,696,428
Posted By pholling

There were a fair number of 737-800s ordered by...

There were a fair number of 737-800s ordered by Delta that were sold on before delivery. DL got a spanking deal in the 1990s, but could not afford delivery/did not need them in the early mid 2000s.
26th Sep 2019, 11:24
Replies: 1,552
Views: 1,734,321
Posted By pholling

Donít underestimate the new VS/Connect combo....

Donít underestimate the new VS/Connect combo. This didnít exist when Monarch folded. VS is also in a much better place from an equity point of view with much bigger backers if push came to shove. Of...
23rd Sep 2019, 17:38
Replies: 1,552
Views: 1,734,321
Posted By pholling

The simple answer is no. Once TC entered...

The simple answer is no. Once TC entered liquidation their Operating License and AOC were immediately suspended or revoked. This mean there is no legal basis for the aircraft to operate. Moving...
23rd Sep 2019, 16:03
Replies: 1,552
Views: 1,734,321
Posted By pholling

I have been looking at the CAA site on...

I have been looking at the CAA site on repatriation flights.

https://thomascook.caa.co.uk/customers/if-you-are-currently-abroad/guidance-by-destination/

In most cases you can see the operating...
20th Sep 2019, 16:08
Replies: 1,552
Views: 1,734,321
Posted By pholling

If so then I believe it would be under the AOC of...

If so then I believe it would be under the AOC of Smartlynx. However, the cabin crew would probably refuse as TC would not longer pay them. I don't know the legality of Smartlynx temporarily...
20th Sep 2019, 15:56
Replies: 1,552
Views: 1,734,321
Posted By pholling

Welcome to the wonderful world of insolvency. The...

Welcome to the wonderful world of insolvency. The sad fact is that as a shareholder you are always at the high end of the risk scale. At least only your equity is exposed. In this case either your...
20th Sep 2019, 15:48
Replies: 1,552
Views: 1,734,321
Posted By pholling

Are they wet leased? If so, then yes the CAA...

Are they wet leased? If so, then yes the CAA could contract them to perform repatriation flights. If they are damp leased then there would be a crewing issue.
20th Sep 2019, 15:46
Replies: 1,552
Views: 1,734,321
Posted By pholling

Not taking it personal at all. I was giving TC...

Not taking it personal at all. I was giving TC more of a benefit of the doubt on when they would 'throw the towel in'. The main reason is that it is illegal to knowingly sell ATOL protected holidays...
20th Sep 2019, 09:13
Replies: 1,552
Views: 1,734,321
Posted By pholling

I would keep in contact with your TUI rep as they...

I would keep in contact with your TUI rep as they have the obligation to correct things if TXC folds, provided you are under a TUI ATOL policy and not a TC one. I don't know what options TUI has...
20th Sep 2019, 09:11
Replies: 1,552
Views: 1,734,321
Posted By pholling

The Germans have different insolvency rules than...

The Germans have different insolvency rules than the UK, this can easily lead to different outcomes for different subsidiaries if the overall group goes into administration. TC UK are legally obliged...
19th Sep 2019, 11:45
Replies: 1,552
Views: 1,734,321
Posted By pholling

Interesting. TC are in a weird place were being...

Interesting. TC are in a weird place were being declared insolvent in one area but not another is to their benefit. I know they will be keeping the CAA abreast of all the ups and downs of the...
18th Sep 2019, 09:48
Replies: 1,552
Views: 1,734,321
Posted By pholling

I do stand corrected, thank you. At the time of...

I do stand corrected, thank you. At the time of the insolvency only about 20% of Monarchs passengers were ATOL protected. I don't know what TC's ratios are. Incidentally, the collapse of Monarch...
18th Sep 2019, 09:25
Replies: 1,552
Views: 1,734,321
Posted By pholling

It is generally fine to move aircraft, slots etc...

It is generally fine to move aircraft, slots etc around. Provided that any financing terms don't prohibit their transfer. However, if a company deliberately moves assets form one place to another...
17th Sep 2019, 17:46
Replies: 1,552
Views: 1,734,321
Posted By pholling

Schedule vs charter doesnít necessarily make the...

Schedule vs charter doesnít necessarily make the determination. It all depends on where the money is coming from and whether or not there is enough coming in plus reserves to pay the bills. I was...
17th Sep 2019, 17:29
Replies: 1,552
Views: 1,734,321
Posted By pholling

To some extent that would depend on the rules in...

To some extent that would depend on the rules in each of the other jurisdictions regarding AOCs and insolvency. However, if the AOC of the UK airline is suspended they will have to immediately sell...
17th Sep 2019, 17:25
Replies: 1,552
Views: 1,734,321
Posted By pholling

ATOL has nothing directly to do with the...

ATOL has nothing directly to do with the operation of the airline. It has everything to do with cash flow. With Monarch once the license was revoked they had no revenue so the company and the airline...
17th Sep 2019, 13:53
Replies: 1,552
Views: 1,734,321
Posted By pholling

Legally the grant of an ATOL license and AOC are...

Legally the grant of an ATOL license and AOC are totally separate activities. The first is an insurance policy at its most basic allowing a travel company to sell protected package holidays. The...
Showing results 1 to 25 of 110
 


 
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