Cityjet Loosing Money
 

Firstly please note that these are the financial figures for the year to 31 March 2008. It really is poor that they have taken nearly 10 months to get their figures out for a financially-uncomplicated organisation. That means they reflect a period wholly before any of the economic downturn that has occurred in more recent times, and which has hit their base at London City harder than most.

It also covers the period of the replacement of the old (and cheap) 146 fleet with the somewhat-newer Avro RJ fleet, which will have many one-off additional costs, along with merging in the old Scot Airways operations and other structural changes to the business. It doesn't form much of a basis for ongoing comparison. I'd like to have a look at ther balance sheets and cash position before making much of it.

And never forget that AF are masters at putting franchise companies out of business.

I have friends in cityjet they are not happy at all. salary and managment is ****.

Disagree, money is very good. Like any other airline, if you keep your head down and do your job correctly, then you'll avoid the management radar.

Are Cityjet pilots still being paid Euros in LCY, if so how does that work with the tax people.

I agree with NoSpeed,
like every airline, do your job as best as you can, keep below the parapit, and enjoy flying from HMS London City.
Yes, we get paid in Euros at the mo but we are all grown men/women who can sort out our own tax affairs.
Don't listen to the "my mate says.." comments. everyone is entitled to an opinion, but usually its just bar/beer talk.

Stop the whingeing, and enjoy the job. Its the best in the world!!!!

That message is far to up beat for PPrune!! :ok:

in this topic we have find at leest 2 ass suckers: no speed and brownstone.

i am sorry my friends but cityjet do pay ****: around 2000 euros per month only for a FO!!!!
Of course if you don't take hollyday and you willin to spend 20 nights a month in a hotel at charles de gaule or birmingaham or edingburd, you will increase you **** salary but decrease you poor lifestyle.
:oh:

Advice to sunseasex's friends at cityjet...

If not happy, resign, and work somewhere else.

End of message.

I know they serve Birmingham and Edinburgh but it is great to see further expansion in times like this. I hope that they start flying to Dudlin and Zurick soon! :}

seasexsun... you obviously have some grudge against CityJet but just get over it. Anyway in times like this I thought you had to be grateful to have a job - perhaps a reality check is needed? I can assure you there are hundreds of airlines that are losing money like CityJet, so they are not on their own! Before you bite back - I don't work for CityJet! ;)

seasexsun, youre obviously an SO then with that salary. Fresh from school and already moaning. We've all done our time on our first job and worked our way up. Perhaps next time we fly together you can tell me what went wrong in your choice of job?!?

Outbreak of moral!!
 

Yep FlyingTinCans,

it's a radical thing to say but I'm loving my job. Surely it won't catch on...

SSS, get the facts straight.

First year Second Officer salary at Cityjet: E24,833

Average monthly allowances:approx E1200

Gross yearly income=39233E which is £36000 at the mo!!

For a first job, year 1, in a jet?? You don't know you are born!!

-----------------------
Stop your whinging and enjoy your job..

But he does not even work for you guys!!!

SSS, why do people like you come on here and moan and complain about companies they do not even work for?!
Cityjet is a great company, investing in their aircraft, route and staff. Their main losses in the previous year, if you read the article, or know anything about Cityjet, are due to their expanding their LCY base and buying a brand new fleet of aircraft!
The salary is comparable to any other airline and paying the LCY staff in euros has its benefits since they pay irish tax (and not on their sector pay) which makes it substantially less than what they would pay in UK tax
I used to use this site to gain information on airlines but people seem to just come on now and write bad stuff when they don't even know what they are talking about.
As for your comments on overnights, this is something you will find you have to deal with as a pilot and to be honest, its a good experience to work out of different airports
You give the impression you think you are too good for a company like Cityjet? I would like to know what exactly you are hoping for - your own private gold plated jet which you only have to fly once a month, if you feel like it?
My advice would be grow up and stop writing bad comments on airlines you don't work for based on your 'friends' opinions!

Because the Avro is a jet airplane? :}:}:}:}

**** pay, **** roster, **** salary, **** atmosphere with cabin crew, **** airplane (or moped), **** base, **** captains, sit rostering, **** financial situation...
Some captains are sent back to as first officer .

Guys cityjet is not good anymor for Airfrance!

I don't work for them, and have never applied (I am on B737 in my sunny country)... but I do have 2 friends there and they reely hate it.

Yeah I know he doesn't but spreading dis-information around
needs to be addressed. Hopefully he's happy in the airline he flies for!!

Or is it a supermarket??

They only spent 5 million on the advertising/development on LCY. and be honest, AF paid for the Aircraft , 220 Million - Cityjet have never had that in the bank ever....Their main passengers are bankers and business people in the biggest recession in what 20 years.... GWhite said in an interview that their passengers would just buy ecomony instead of business...but their passengers don't choose who they fly with...if the finances get worse the Travel departments of their pax will tighten their belts.

Their losses announced so far where in the March 08 results...wait til the March 09 results come out..The redundancies in Jan were just the start. They have already gone to 2 cabin crew instead of 3...routes will be next...