Who are the safest financially
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Who are the safest financially
Having read all the pro's and con's with regard to joining monarch lets have an idea who people think are safe or not.
Safe financially
BA
Ryanair
easyJet
Jet 2
Unsafe financially
Virgin
Monarch
Thomas Cook
No vitriol please.
Safe financially
BA
Ryanair
easyJet
Jet 2
Unsafe financially
Virgin
Monarch
Thomas Cook
No vitriol please.
Last edited by Robert G Mugabe; 17th Jul 2012 at 07:12.
How on earth do you get Jet 2 in the financially stable group. The market gives the Dart group little credit for it's earnings or (supposed) assets. Running flat out to stand still. While your at it you can remove BA (IAG) as well. Probably time for WW to be shown the door given the monopoly position they have and still he is unable to turn a profit...
Ryanair, yes, but even MOL has said 'we have zero visibility for revenue this coming winter'.....
Crap industry.....get used to it....
Ryanair, yes, but even MOL has said 'we have zero visibility for revenue this coming winter'.....
Crap industry.....get used to it....
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Ryanair, yes, but even MOL has said 'we have zero visibility for revenue this coming winter'.....
Last edited by Callsign Kilo; 17th Jul 2012 at 08:14.
and I quite agree with you CK, within the financial community it is a given that they (MOL) always lowballs and then over achieve. It was meant in the context of ALL airlines and the visibilty going forward. It is zero or not much more......
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Re Virgin"financially unsafe". Am I right in thinking that Virgin is a private company and doesn't have any need to publish it's accounts? How do we know they are "financially unsafe". A genuine question.
Jet2 could be considered safe by oth itself and it's predecessor, Channel Express, having been in continuous profit for decades.
Where do Thomson and Flybe fit in?
Jet2 could be considered safe by oth itself and it's predecessor, Channel Express, having been in continuous profit for decades.
Where do Thomson and Flybe fit in?
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Brussels bureaucrats.
Untouchable. Unaccountable. Money-hoarding no-tax-paying well-fed empty suits and talking heads who should be dragged out by their 100€ haircuts to the mob waiting outside.
The french had it right in 1789. Bring Madame G back. Televise it. THAT is a show I will gladly pay for.
Untouchable. Unaccountable. Money-hoarding no-tax-paying well-fed empty suits and talking heads who should be dragged out by their 100€ haircuts to the mob waiting outside.
The french had it right in 1789. Bring Madame G back. Televise it. THAT is a show I will gladly pay for.
I REALLY SHOULDN'T BE HERE
Does anyone have the link to the Financial Analysts Rumour Network where the analysts offer critique on piloting technique and make uninformed comments on half truths and misguided speculation.
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[QUOTE]While your at it you can remove BA (IAG) as well. Probably time for WW to be shown the door given the monopoly position they have and still he is unable to turn a profit...
/QUOTE]
The €527 million profit IAG posted in their first financial year ending in April is somewhat at odds with the above suggestion.....
/QUOTE]
The €527 million profit IAG posted in their first financial year ending in April is somewhat at odds with the above suggestion.....
Champagne anyone...?
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Artie F and the OP are correct to classify Jet2 as financially stable. As part of the Dart Group they continually turn a profit. To say investors don't "like" DTG is rather harsh; whilst DTG provides a continuous return they do not pay high dividends to shareholders, preferring to reinvest the money in the company. Investors looking to turn a quick buck therefore go elsewhere.
I'd hardly say they were standing still either - the "Jet2holidays" brand in particular has seen considerable growth over the last 12-18 months.
I'd hardly say they were standing still either - the "Jet2holidays" brand in particular has seen considerable growth over the last 12-18 months.
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EK - makes more per year that all the above put together.
Will make even more when the 380 cracks are a thing of the past.
And will make even more when Germany and Canada issue more landing rights and stop running scared.
And it hasn't even merged..!
Will make even more when the 380 cracks are a thing of the past.
And will make even more when Germany and Canada issue more landing rights and stop running scared.
And it hasn't even merged..!
Last edited by Craggenmore; 17th Jul 2012 at 13:44.
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If we are talking outside the UK then:
Strong companies in my opinion, for the forseeable are:
EasyJet, Ryanair, Emirates, Lufthansa, KLM.
Middle companies:
BA, Nordshuttle, Jet2.
Weak companies:
Monarch, Virgin, Air Berlin, Flybe, Aer Lingus, TCX.
Strong companies in my opinion, for the forseeable are:
EasyJet, Ryanair, Emirates, Lufthansa, KLM.
Middle companies:
BA, Nordshuttle, Jet2.
Weak companies:
Monarch, Virgin, Air Berlin, Flybe, Aer Lingus, TCX.
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The unmentionable airline's stake in Air Berlin doesn't change the fact it doesn't perform. Air Berlin is like BMI was - neither a LoCo nor a legacy airline. It doesn't fit. It has never made a profit. Lufthansa owned BMI and were either going to sell it for a loss or break it up. If BMI were still around I'd have included them in the list despite there strong owner.
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Can't imagine why anyone would want to be interested in the financial professionals rumour network unless they want to learn how to wreck companies, banks, economies, the world.... The list is endless.
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There is no such thing as a financially safe airline in this country in this economy. They are all one crisis away from closing. Margins are too thin in the airlines, and most make money from associated services (scratchcards, and baggage charges for example). If you want financially stable go to the Middle East, or Russia. In the UAE there is money and will to use it to bring people into the place to spend it, and in Russia I reckon they would just plough on regardless of whether they pay their bills or not.
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I can't think that anyone who knows the history of Channel express air services or Jet 2 as it I'd known to the public would put them in the unsafe catorgry, the post by Stopstart on this subject being particularly accurate.
Also I dont think that anyone could call Norwegian Air Shuttle unsafe financially.
I can't help thinking that there is a lot of wishfull thinking from some posting above.
Also I dont think that anyone could call Norwegian Air Shuttle unsafe financially.
I can't help thinking that there is a lot of wishfull thinking from some posting above.
Last edited by A and C; 18th Jul 2012 at 16:12.