WW "airlines to go bust"
Oct 18, 2018, 10:23 am
#196
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Flybe is still structurally profitable I think. Might just be top heavy on overhead given its history.
Oct 18, 2018, 10:26 am
#197
Join Date: Dec 2009
Location: Arizona
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The latest rumour is that Air Belgium, which currently is only wet leasing one of its aircraft for BA, is also on the verge of liquidation. https://www.lecho.be/entreprises/avi.../10060389.html
Oct 18, 2018, 10:32 am
#199
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The latest rumour is that Air Belgium, which currently is only wet leasing one of its aircraft for BA, is also on the verge of liquidation. https://www.lecho.be/entreprises/avi.../10060389.html
Oct 18, 2018, 10:47 am
#200
Join Date: Oct 2009
Location: Dundee
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But bear in mind that a Trustpilot score is not representative of a typical customer experience with any business because very few people bother to write a review on it unless they've got something to complain about. If 95% of customers are happy with the service, then the other 5% (and only they) will be on Trustpilot.
Oct 18, 2018, 10:54 am
#201
Join Date: Aug 2013
Posts: 8,774
The latest rumour is that Air Belgium, which currently is only wet leasing one of its aircraft for BA, is also on the verge of liquidation. https://www.lecho.be/entreprises/avi.../10060389.html
How some of these business cases get signed off I do not know.
Oct 18, 2018, 12:35 pm
#202
Moderator: British Airways Executive Club
Join Date: Jan 2009
Programs: Battleaxe Alliance
Posts: 22,127
Possible, but even at £62 million, does it represent a viable investement? flyBe has lost a total of 87milion since 2007, essentially it has never made money, although the pattern has been “boom” and “bust”. Now, it might be that leases, payments within the group, etc may be used ‘creatively’, as was alleged at bmi.
IAG demand ~10% return, if I recall. Is there any evidence that flyBe can offer that?
Oct 18, 2018, 1:28 pm
#204
Join Date: Aug 2013
Posts: 8,774
Of course if IAG find themselves looking to acquire up parts of the Flybe business, then his inside knowledge of it will be of interest to members of the Board.
Oct 18, 2018, 5:20 pm
#205
Join Date: May 2014
Posts: 411
Possible, but even at £62 million, does it represent a viable investement? flyBe has lost a total of 87milion since 2007, essentially it has never made money, although the pattern has been “boom” and “bust”. Now, it might be that leases, payments within the group, etc may be used ‘creatively’, as was alleged at bmi.
IAG demand ~10% return, if I recall. Is there any evidence that flyBe can offer that?
I know part of Flybe is made up what BA discarded ten years ago, but I think the market has changed a lot since then and is not solely focused on lowest cost. If you can even create the perception of anything slightly more premium (i.e. use of BA branding and also selling a couple of Club Europe seats on flights) there is a potential for slightly higher fares.
The difficulty Flybe face as Flybe is that they are in a crowded market space with Easyjet and Ryanair, and there is nothing really to attract you specifically towards Flybe and drive loyalty. They are not part of an alliance such as oneword, and they don't have a loyalty scheme which would make you choose to fly with them. You might get a few avios on Flybe, but you are more likely to spend those avios on BA.
Oct 18, 2018, 9:52 pm
#206
Join Date: Nov 2010
Posts: 5,596
The slots become usable for other destinations in a couple of years. Even if Flybe cant sell them they could perhaps lease them or come up with some other creative arrangement.
Oct 19, 2018, 2:27 am
#207
Join Date: Dec 2009
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If FlyBE goes away then the South-West of the UK becomes much less well connected for business; quite a problem for a regional economy that already struggles to attract new employers because of bad transport links.
Oct 19, 2018, 3:01 am
#208
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Oct 19, 2018, 3:39 am
#209
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Oct 19, 2018, 8:56 am
#210
Original Poster
Join Date: Jul 2011
Posts: 1,663
Wow Air seems to be increasingly attracting the attention of the travel press...
https://www.businesstraveller.com/bu...fk-and-dallas/
https://www.businesstraveller.com/bu...fk-and-dallas/