Jet2, Tui Or Ryanair?
Join Date: Oct 2007
Location: Location, Location
Posts: 632
Originally Posted by karanou
Maybe a wise move go ask the question prior posting publicly. I have it on good authority they dropped people like a hot potato. ‘after assessing, placing in a hold pool then confirming - the job no longer exists’ happy to be corrected should you find out different. Again I may be off the mark happy for you to correct me if this is the case.
Join Date: Jan 2004
Location: UK
Age: 71
Posts: 46
Originally Posted by Mr Good Cat
Well, two guys I know in the pool haven’t been told that. If true, and it’s the ones with minimal experience, then I feel sorry for them. I can’t see the benefit of any company dropping them from the pool. I know how it works at Company B, and the pool isn’t picked from based on date of interview - they pick on suitability, experience and availability to name but a few criteria. There’s really no benefit in taking them off file.
challenging times ahead for all airlines. Hopefully the negative effects don’t impact any more people than absolutely necessary.
Join Date: Feb 2019
Location: london
Posts: 133
Originally Posted by SEBBES
Out of curiosity, does anyone know what Jet2 are doing with their crew during this period? It's been quite public what TUI and Ryanair are doing but, unless I've missed something, very quiet from Jet2?
Join Date: Apr 2019
Location: in the sky
Posts: 34
Originally Posted by Altostratus
Jet 2 have a healthy balance sheet
l
Join Date: May 2003
Location: UK
Posts: 433
Originally Posted by nowhereasfiled
Nothing. Nobody is working apart from the odd rescue flight, but nobody has been laid off/furloughed/sent on UPL, All crews are on Home Standby or Reserve. Some are still in the SIM in Bradford as far as I’m aware.
Join Date: Apr 2019
Location: in the sky
Posts: 34
Originally Posted by Johnny [email protected] Pants
- yes they are.
Join Date: Dec 2013
Location: UK
Posts: 40
Originally Posted by Brian Pern
Which is going to cripple them sooner than later, if they are paying the whole Dart Group then they will soon swallow any money they have. Sadly its not good for business
Join Date: Apr 2019
Location: in the sky
Posts: 34
While it is nice to see Jet2 paying their staff, they have got no money comming in, the Dart Group may still be busy as they are a logistics company, but they will not be able to prop up the company for ever. With no outside income, any airline will struggle.
Summer 2020 is as good as written off, anyway you cut it. Jet2 several years ago decided to focus on holidays, this will affect their future massively, in hindsight the Airbus expansion was not a good idea, they will be the first to go, Jet2 have massive overheads, they have their own handling, employ more people at the check In than their competitors, which is all money. This thread is about 3 large operators, sadly I think the two companies who rely on Holiday traffic will struggle to survive, if they do they will be much mich smaller.
Summer 2020 is as good as written off, anyway you cut it. Jet2 several years ago decided to focus on holidays, this will affect their future massively, in hindsight the Airbus expansion was not a good idea, they will be the first to go, Jet2 have massive overheads, they have their own handling, employ more people at the check In than their competitors, which is all money. This thread is about 3 large operators, sadly I think the two companies who rely on Holiday traffic will struggle to survive, if they do they will be much mich smaller.
Join Date: Oct 2019
Location: UK
Posts: 0
I actually tend to think that if any company is going to come out of this well it'll be Jet2. People will be going on their two week summer holiday when this is over, whether it be this year or next. I'd not be surprised to see a busy winter 20/21 too for them and TUI. I'd expect business and city break type travel to suffer more than bucket and spade flying, and as I understand it Jet2 have a very loyal customer base and seem to major on customer service. I've no doubt that if it were permitted, Brits would still be travelling abroad now. It's in the psyche.
I don't know enough about the company to judge what will happen to the Airbuses. I do think it's only a matter of time before Jet2 joins the rest of the industry in enforcing paycuts/ unpaid leave. That seems inevitable.
I don't know enough about the company to judge what will happen to the Airbuses. I do think it's only a matter of time before Jet2 joins the rest of the industry in enforcing paycuts/ unpaid leave. That seems inevitable.
Join Date: Apr 2019
Location: in the sky
Posts: 34
Well, in 2019 the group Staff Salary costs were £412,400,000 or £35,360,000 per month (yes that is millions) all off their report and accounts.
People will want to travel, that is a given, most working people won't have any money for holidays this summer, so won't be going abroad anytime soon. However people will still travel for work and other needs, which suits the low cost operators not holiday companies.
For all everyone's complaints Ryanair are best suited to survive this and they are still paying their staff somthing at the moment.
This has the potential to put the industry back years, or even decades.
People will want to travel, that is a given, most working people won't have any money for holidays this summer, so won't be going abroad anytime soon. However people will still travel for work and other needs, which suits the low cost operators not holiday companies.
For all everyone's complaints Ryanair are best suited to survive this and they are still paying their staff somthing at the moment.
This has the potential to put the industry back years, or even decades.
Join Date: Oct 2019
Location: UK
Posts: 0
A lot of working people didn’t really have the money to travel before this crisis but still found a way to! The two week summer holiday is ingrained in the British psyche and I think that is going to continue. What the yield is going to be on those holidays though...it’ll be all about bums on seats I suspect. Hoteliers will be applying the same logic. I expect there to be some amazing deals to be had.
In complete agreement about setting the industry back decades.
In complete agreement about setting the industry back decades.
Join Date: Jan 2004
Location: hector's house
Posts: 81
Do Jet 2 have a chain of High Street shops to support like TUI Travel have, or is this something they don't need due to internet sales, I would be concerned about the overheads of a retail store, would a bailout cover the rental and business rates or just the staff salaries?
Join Date: May 2016
Location: The EU
Posts: 404
Originally Posted by Brian Pern
most working people won't have any money for holidays this summer, so won't be going abroad anytime soon..
I think the holiday companies will do just fine. After weeks trapped indoors, everybody is going to want their summer holiday. Winter bookings are going to be at an all time high, with many of the holidays that were booked for April-June being deferred until later in the year. As somebody else mentioned, it's business travel that will suffer as companies realise they don't need to pay extortionate amounts on J-class travel for a meeting that could take place over the phone.
Alba Gu Brath
Join Date: Oct 2000
Location: Merseyside
Age: 52
Posts: 705
Originally Posted by hec7or
Do Jet 2 have a chain of High Street shops to support like TUI Travel have, or is this something they don't need due to internet sales, I would be concerned about the overheads of a retail store, would a bailout cover the rental and business rates or just the staff salaries?
Join Date: Oct 2019
Location: SW1A 2AA
Posts: 100
It was reported from LBA that Dart Group had a war chest of £400 million for an event exactly like this. If nothing moves, Jet2 burns through £1 million per day.
There is also £1.5 billion in cash reserves. Nearly all the ground staff and cabin crew will be getting most of their salaries paid by Rishi.
Whilst the impact will be huge, Jet2 should weather the storm.
There is also £1.5 billion in cash reserves. Nearly all the ground staff and cabin crew will be getting most of their salaries paid by Rishi.
Whilst the impact will be huge, Jet2 should weather the storm.
