WW "airlines to go bust"
Nov 1, 2017, 4:47 am
#139
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That would be a shame but perhaps inevitable. They have canceled all other routes from LCY apart from Dublin now and are now concentrating on leases.
Nov 1, 2017, 4:54 am
#140
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Nov 1, 2017, 5:28 am
#141
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Plus they run those old 4 engine jets (sorry the name eludes me) and that must be terribly cost unfriendly. Actually, I think that most carriers that ran them either ditched them or went bust. Poor AirUK/Buzz comes to mind - along with a Low Cost again the name escapes me that ran from Luton and its advertising slogan was "Francisco says" or some such. Can anyone remember who I'm blathering about?
Nov 1, 2017, 5:41 am
#142
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True - but it was really Air France that carried it. Once they cut the sales and marketing tie there was no identity of its own.
Plus they run those old 4 engine jets (sorry the name eludes me) and that must be terribly cost unfriendly. Actually, I think that most carriers that ran them either ditched them or went bust. Poor AirUK/Buzz comes to mind - along with a Low Cost again the name escapes me that ran from Luton and its advertising slogan was "Francisco says" or some such. Can anyone remember who I'm blathering about?
Plus they run those old 4 engine jets (sorry the name eludes me) and that must be terribly cost unfriendly. Actually, I think that most carriers that ran them either ditched them or went bust. Poor AirUK/Buzz comes to mind - along with a Low Cost again the name escapes me that ran from Luton and its advertising slogan was "Francisco says" or some such. Can anyone remember who I'm blathering about?
It was the BAe/Avro 146, the last British airliner, the sad swan song for a once world-leading industry. They are being replaced by Russian Superjets which does not inspire confidence but suspect they got a good price on them.
Nov 1, 2017, 5:58 am
#143
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Nov 1, 2017, 6:12 am
#144
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Don't forget, Skywork Airlines in Berne has just hung its socks out to dry. They're dropping like flies at the moment.
EDIT: although, having said that, their website seems to be up and running again. Just did a dummy booking for Berne - Amsterdam. Maybe they managed to secure more funding after a two day grounding this weekend.
In German:
https://www.bluewin.ch/de/news/inlan...willigung.html
EDIT: although, having said that, their website seems to be up and running again. Just did a dummy booking for Berne - Amsterdam. Maybe they managed to secure more funding after a two day grounding this weekend.
In German:
https://www.bluewin.ch/de/news/inlan...willigung.html
Last edited by Concerto; Nov 1, 2017 at 6:28 am Reason: updated info
Nov 1, 2017, 6:13 am
#145
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Nov 1, 2017, 6:24 am
#146
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Nov 1, 2017, 6:45 am
#147
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Nov 1, 2017, 6:53 am
#148
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Nov 1, 2017, 7:04 am
#149
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Nov 1, 2017, 7:10 am
#150
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Norwegian currently has a positive rate of climb [3], even if they are very heavily loaded [1], are at low altitude[4] and underpowered [2]. If there was a serious change in customer sentiment, some global sudden crisis (I don't count the ongoing Western grinding stagflation as a sudden crisis), or a large and sustained rise in the price of fuel, they're in trouble, and their climb would become a descent. They're commercially risky (don't bet your pension on them) but not actually facing anything that would sink them at the moment.
[1] with debt
[2] low margins
[3] cashflow OK
[4] they are not very large nor do they have well established captive markets
[1] with debt
[2] low margins
[3] cashflow OK
[4] they are not very large nor do they have well established captive markets