Industrial Action at Flybe?
Join Date: Mar 2001
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No, It's true. Prior to the first ballot, IB was saying just that on one of his crew room visits.
As for the reality of the statement - well we all know the true situation!!!
As for the reality of the statement - well we all know the true situation!!!
Join Date: May 2009
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Well personally I think they will threaten to close a small base or two and offer the crew’s base transfers to MAN and/or BHX then crew these places from there with night stops. I don't think the company is over crewed but certainly not under crewed there has been well over 30 new joins in the past 12months...
We are certainly on the war path and it looks like the management are wanting an unnecessary fight
We are certainly on the war path and it looks like the management are wanting an unnecessary fight
Join Date: Jan 2008
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Bmi regional did similar things when the third year of the agreed pay deal was due. First they let the union go through the motions as a time wasting exercise then after people placed ET claims they said they needed to make nearly a third of the pilots redundant. Then they forced the union to accept no third year increase for an undetermined period and two weeks later recruited new pilots because we were actually undercrewed.
Moral of the story: screw the management to the floor or they will forever screw you.
Moral of the story: screw the management to the floor or they will forever screw you.
Have often wondered at the financial viability of the smaller bases instead of just night stopping and w patterns from larger ones.
I know it's probably politically incorrect or friendly to think like that towards our colleuges, but have wondered at the companies thoughts on them for the future.
What happened to all these companies Flybe were supposed to buy with money from the floatations???
I know it's probably politically incorrect or friendly to think like that towards our colleuges, but have wondered at the companies thoughts on them for the future.
What happened to all these companies Flybe were supposed to buy with money from the floatations???
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If there's any negotiation left to do, perhaps it should be; here's what the membership want, do you want your planes in the air next week?
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FYI,
IQ just agreed a phased pay rise of up to 18% for junior captains on the Q-400 / EMB 195. This gives a guaranteed salary for first year captains of €65k (with max overtime € 89k) . Capts on the top level (normal line duties - no training pay) are on € 92k basic (€ 126k with max overtime).
We are also potentially facing redundancies next year, but don't let management cloud the issue. Pilot salaries will not affect the public demand for flights . If there is over capacity in the company people will go, irrespective of what the remainder do or do not earn!
Come on guys - you are getting seriously left behind
.
IQ just agreed a phased pay rise of up to 18% for junior captains on the Q-400 / EMB 195. This gives a guaranteed salary for first year captains of €65k (with max overtime € 89k) . Capts on the top level (normal line duties - no training pay) are on € 92k basic (€ 126k with max overtime).
We are also potentially facing redundancies next year, but don't let management cloud the issue. Pilot salaries will not affect the public demand for flights . If there is over capacity in the company people will go, irrespective of what the remainder do or do not earn!
Come on guys - you are getting seriously left behind
.
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Redundancies? Yeah right. Any talk of redundancies has been started by management trying to undermine BALPA. We are short of crew at the moment and continue to take on new crews all the time.
Flybe is not unlike most airlines that have a large variation between summer and winter capacity requirements. Unless aircraft start leaving the fleet in any great number then the crewing requirement will remain the same each summer. If the company were to reduce the headcount in winter then they will be critically short in summer. Even if they did wish to reduce pilot numbers all they have to do is stop taking people on, there is a steady trickle of retirements and departures to the sand pit and other operators.
To conclude, redundancies at flybe will not happen any time soon.
Flybe is not unlike most airlines that have a large variation between summer and winter capacity requirements. Unless aircraft start leaving the fleet in any great number then the crewing requirement will remain the same each summer. If the company were to reduce the headcount in winter then they will be critically short in summer. Even if they did wish to reduce pilot numbers all they have to do is stop taking people on, there is a steady trickle of retirements and departures to the sand pit and other operators.
To conclude, redundancies at flybe will not happen any time soon.
Join Date: Sep 2010
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KT, it's not the guys on the line that need a pep talk. Balpa CC need to stop letting the company dictate the pace and direction of the 'negotiations'. Now.
Balpa and the line pilots have the company's dangly bits in their hand (in the form of shiney aeroplanes). As has been stated before the CC should be saying to the company THIS is what we want or your dangly bits WON'T be going flying next week. Start of the summer schedule, busy flights, good passenger numbers, no fat in the schedule, etc.
The repurcusions of IA would seriously harm Flybe. However, I'm sure that most pilots won't want to strike. Flybe won't want you to strike either but they need to know that you will, without a seconds thought, unless you get a decent offer. It is that message that you need to get across immediately and the onus is on the Balpa CC to pull their fingers out and stop with all the huggy fluffy bollocks.
Flybe, last year in the middle of recession, made about £60M profit. Part of which was gained because Flybe employees are on such poor pay and QOL. Profit which should come from passengers and other custom has, effectively, come out of your bank account.
Why are you allowing JF to line his pockets with your money?!
Balpa and the line pilots have the company's dangly bits in their hand (in the form of shiney aeroplanes). As has been stated before the CC should be saying to the company THIS is what we want or your dangly bits WON'T be going flying next week. Start of the summer schedule, busy flights, good passenger numbers, no fat in the schedule, etc.
The repurcusions of IA would seriously harm Flybe. However, I'm sure that most pilots won't want to strike. Flybe won't want you to strike either but they need to know that you will, without a seconds thought, unless you get a decent offer. It is that message that you need to get across immediately and the onus is on the Balpa CC to pull their fingers out and stop with all the huggy fluffy bollocks.
Flybe, last year in the middle of recession, made about £60M profit. Part of which was gained because Flybe employees are on such poor pay and QOL. Profit which should come from passengers and other custom has, effectively, come out of your bank account.
Why are you allowing JF to line his pockets with your money?!
Join Date: Sep 2010
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I've had a quick look but can't find it. It was posted on here somewhere by someone who had the figures analysed by his financial advisor. I believe the 60M was the Editbar figure.
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? Excluding negative amortisation of goodwill (which is ?paper? accounting and is not a trading item), the performance is in fact quite a bit better than 2008-09 ( a point that the Press Release makes when it refers to an increase in EBITDAR).
? Turnover (boosted by Greek contract which was clearly of major benefit) is about the same, as are passenger numbers. In summary the 0.1m shortfall in passengers and the 10% reduction in yields in the first part of the year being offset by Greece
? No detailed split of Greek turnover and Greek profit are given (note 5 states commercially sensitive)
? Cash inflow from operations (cash flow statement and note 27) £50.9m compared to £31.4m in 2009. This is the best indicator of underlying trading performance and should be viewed very very positively
? Increase in cash balances despite £11m of net capital expenditure and £24m of net loan repayment
? Clearly there was some negative impact caused by the adverse conditions, but one hopes it won?t return at this disruption for 20010-11
The Outlook
This seems quite bullish with comments such as:-
? ?Year on year growth both in volumes and yield in the final quarter of 2009/10?
? ?Domestic market shares continued to grow?
? Greek planes plus new planes ? will return..as the economies..emerge from recession?
? ?an excellent position compared to many other airlines?
? The Training Academy will ?ensure substantial benefits in terms of ..overall costs of delivery?
? ?Flybe in excellent shape to harvest these investments as the ..economies continue to emerge from recession?
Clearly some volcanic disruption which will impact current year figures
Some trivia from the accounts
The hedging against currency and interest rates is showing a £7.3m positive gain as at March 2010 (see Directors Report) which should hopefully be of some major benefit in 2010-11
Consolidated balance sheet is stronger than 2008 and there are cash balances of £62.1m with bank loans c £23m lower than 2009 (£83m v £106m)
£1.1m was spent (inc £0.4m to the auditors) on professional fees ?in connection with strategic projects?. This will include the set up of the Greek contract.
Staff Costs etc
? Interestingly total pay to Directors went up by 28.5% (see note 6) on an unchanged Board
? Average pay (excl pensions and NI) for all staff (inc Directors) increased from £32,657 to £32,774) a 0.3% increase. Excluding the Directors I assess that average pay actually reduced by 3.8% compared to their 28.5% increase.
? Note 34 is quite interesting. 4 Directors have been given interest free loans totalling £36k in the period to allow them to buy shares in the Company
? Turnover (boosted by Greek contract which was clearly of major benefit) is about the same, as are passenger numbers. In summary the 0.1m shortfall in passengers and the 10% reduction in yields in the first part of the year being offset by Greece
? No detailed split of Greek turnover and Greek profit are given (note 5 states commercially sensitive)
? Cash inflow from operations (cash flow statement and note 27) £50.9m compared to £31.4m in 2009. This is the best indicator of underlying trading performance and should be viewed very very positively
? Increase in cash balances despite £11m of net capital expenditure and £24m of net loan repayment
? Clearly there was some negative impact caused by the adverse conditions, but one hopes it won?t return at this disruption for 20010-11
The Outlook
This seems quite bullish with comments such as:-
? ?Year on year growth both in volumes and yield in the final quarter of 2009/10?
? ?Domestic market shares continued to grow?
? Greek planes plus new planes ? will return..as the economies..emerge from recession?
? ?an excellent position compared to many other airlines?
? The Training Academy will ?ensure substantial benefits in terms of ..overall costs of delivery?
? ?Flybe in excellent shape to harvest these investments as the ..economies continue to emerge from recession?
Clearly some volcanic disruption which will impact current year figures
Some trivia from the accounts
The hedging against currency and interest rates is showing a £7.3m positive gain as at March 2010 (see Directors Report) which should hopefully be of some major benefit in 2010-11
Consolidated balance sheet is stronger than 2008 and there are cash balances of £62.1m with bank loans c £23m lower than 2009 (£83m v £106m)
£1.1m was spent (inc £0.4m to the auditors) on professional fees ?in connection with strategic projects?. This will include the set up of the Greek contract.
Staff Costs etc
? Interestingly total pay to Directors went up by 28.5% (see note 6) on an unchanged Board
? Average pay (excl pensions and NI) for all staff (inc Directors) increased from £32,657 to £32,774) a 0.3% increase. Excluding the Directors I assess that average pay actually reduced by 3.8% compared to their 28.5% increase.
? Note 34 is quite interesting. 4 Directors have been given interest free loans totalling £36k in the period to allow them to buy shares in the Company
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Or this one:
A few key points on the accounts to help the debate along (2010 refers to the year to March 2010: 2009 to the year to March 2009)
Hope this helps guys. Sorry if it’s a bit “accounting” but in summary 2010 was a much much better year than is apparent from a first view of the figures ! Also remember what a positive outlook was given in the press release for 2010-11
A few key points on the accounts to help the debate along (2010 refers to the year to March 2010: 2009 to the year to March 2009)
- Turnover (ie sales) was broadly the same at £570.5m (2009 : £572.4m)
- There are various ways that accountants and analysts look at profit. I summarise the 3 most relevant ones which give the best picture of how the co has performed
- Operating profit from continuing operations is shown in the accounts at £8.2m (2009: £6.1m ) – a 34% increase. In fairness however this isn’t a true picture as 2009 had some very big “exceptional” costs relating to integration, aircraft impairment costs which reduced that years profit – which thus somewhat flatters 2010
- However most airline businesses use a measure called EBITDAR (earnings before interest, tax, depreciation , amortisation and aircraft rents payable – excluding exceptional items). This gives by far the best view of underlying performance In the flybe press release of 20th September 2010 this EBITDAR figure is quoted as being up 4.7% to £93.8m (2009 :: £89.6m). This indicates a very creditable performance in a difficult market BUT I really think it’s been calculated incorrectly (see below)
- Without wanting to get too much into accounting speak, I think the calculation of the “amortisation” bit has been cocked up for 2009. I reckon that the 2010 EBITDAR is c£93m, but that the 2009 EBITDAR is actually only £72m. If so this represents a fairly whopping 29% increase in underlying profit. I may be wrong on this: but I really really don’t think so.
- This increase in (the correctly calculated) EBITDAR is absolutely supported by the cash inflow from operations which is £50.9m compared to £31.4m in 2009. Cash is king and this in conjunction with EBITDAR is the best measure of what a good year flybe had.
- I suspect undoubtedly that the performance has been boosted by the Greek tie up, but details of the profit aren’t given.
- Total Directors pay went up by 28.5% (from £1.4m to £1.8m) on an unchanged Board off Directors (is it a coincidence that this is about the same % as the increase in the EBITDAR if my views on its calculation is correct?). Highest paid Directors pay went up from £0.5m to £0.6m – 20% increase.
- Average pay of all staff (note 7) went up 0.3% . This actually includes the Directors and if they’re taken out I reckon the average pay per person actually went down by c 3% (clearly people come and go – but it’s a clue
Hope this helps guys. Sorry if it’s a bit “accounting” but in summary 2010 was a much much better year than is apparent from a first view of the figures ! Also remember what a positive outlook was given in the press release for 2010-11
Join Date: Sep 2010
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AD, that second one was the one I remembered, incorrectly though as the actual Editbar figure was even higher than 60M.
So one of only three airlines, apparently, to make a profit over the last two years is still playing hardball over a measly 5%, or so, pay rise.
Come on Balpa FFS! 3% reduction last year. About the same, if not more, this year if the latest RPI figures are accurate. What about the next few years?
Personally I wouldn't accept anything less than RPI and preferrably RPI+ a bit.
So one of only three airlines, apparently, to make a profit over the last two years is still playing hardball over a measly 5%, or so, pay rise.
Average pay of all staff (note 7) went up 0.3% . This actually includes the Directors and if they’re taken out I reckon the average pay per person actually went down by c 3% (clearly people come and go – but it’s a clue
Personally I wouldn't accept anything less than RPI and preferrably RPI+ a bit.
PPRuNe Knight in Shining Armour
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After chatting to people around the network, my feeling is that the "good will" factor is fast ebbing away.
Maintrol may start to find a sharp increase in Tech Log entries during duties, and not at the end of the day. After all it is paramount that the aircraft is "fit to fly"
Maintrol may start to find a sharp increase in Tech Log entries during duties, and not at the end of the day. After all it is paramount that the aircraft is "fit to fly"
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the most important thing that should keep us going and add fuel to the fire is what assymetricdrift is quoting and saying . Its factual and just once again shows the greed and uncaring attitiude of flybe. If we all let this opportunity go ....... shame on us !!!!!!!!!!!!!!
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Perhaps printing out Assymetric drift's post and putting it up on crew room notice boards might be the ticket? Or emailing it to 'all employees' as per our regular Pravda-esque updates!
