WW "airlines to go bust"
Feb 6, 2019, 10:33 am
#332
Join Date: Jul 2006
Location: Quite close to NQY
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I believe that is the case as I speculated up thread.
Flug and titan seem to be supplying limited flights for airbus currently.
I do wonder if this is something titan could be in the running for long term .....
cs
Flug and titan seem to be supplying limited flights for airbus currently.
I do wonder if this is something titan could be in the running for long term .....
cs
Feb 6, 2019, 11:32 am
#333
Join Date: Dec 2013
Location: Glasgow
Programs: BAEC Silver, Sixt Platinum, HHons Diamond
Posts: 927
Many thanks for confirmation. HB-JOG did indeed push back this evening just after 17:00 operating a GM flight number to an airport beginning with F that I have never heard of. To keep this on topic it was observed from seat 1A of BA0379 TLS to LHR.
Feb 6, 2019, 11:48 am
#334
FlyerTalk Evangelist
Join Date: Aug 2002
Location: London
Programs: Mucci. Nothing else matters.
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Feb 6, 2019, 11:50 am
#335
Join Date: Jul 2006
Location: Quite close to NQY
Programs: BAEC Silver,clubcard,clubcard plus, BA Amex................ And Mucci x3 ;)
Posts: 9,488
they operate TLS-XFM which is an airport in Hamburg
cs
Feb 7, 2019, 5:56 am
#337
Join Date: Feb 2018
Programs: Mucci, BAEC Silver, IHG Platinum Elite
Posts: 1,038
Thomas Cook Group reviewing operations inc. a possible sale of airline following last quarter loss.
https://www.bbc.co.uk/news/business-47155137
https://www.bbc.co.uk/news/business-47155137
Feb 7, 2019, 6:05 am
#338
Join Date: Sep 2014
Location: Brexile in ADB
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Thomas Cook Group reviewing operations inc. a possible sale of airline following last quarter loss.
https://www.bbc.co.uk/news/business-47155137
https://www.bbc.co.uk/news/business-47155137
In a further sign of stress in the airline sector, Norwegian Air said on Thursday that its fourth-quarter loss had widened to $351m (£272m) from about $83m a year ago.
Although the number of passengers grew 13 per cent to 37m, the load factor - a measure of the fullness of planes - fell 1.7 percentage points to 85.8 per cent, given Norwegian’s rapidly expanding fleet.
They also have a different figure ($257m) for the loss. Not sure why.
Feb 7, 2019, 6:36 am
#339
FlyerTalk Evangelist
Join Date: Aug 2002
Location: London
Programs: Mucci. Nothing else matters.
Posts: 38,644
In any event, my impression is that these figures are simply final confirmation of what had already been trailed in the recent profit warning and rights issue announcements.
Feb 7, 2019, 3:46 pm
#340
Original Poster
Join Date: Jul 2011
Posts: 1,663
Just goes to show how deep the crisis was at Flybe, and how it still may disappear.
“Flybe has warned shareholders it will wind up the company if they do not back a sale to a consortium led by Virgin Atlantic and Stobart Air.“
https://www.bbc.co.uk/news/47165902
“Flybe has warned shareholders it will wind up the company if they do not back a sale to a consortium led by Virgin Atlantic and Stobart Air.“
https://www.bbc.co.uk/news/47165902
Feb 7, 2019, 4:23 pm
#341
Join Date: Aug 2013
Posts: 8,771
Just goes to show how deep the crisis was at Flybe, and how it still may disappear.
“Flybe has warned shareholders it will wind up the company if they do not back a sale to a consortium led by Virgin Atlantic and Stobart Air.“
https://www.bbc.co.uk/news/47165902
“Flybe has warned shareholders it will wind up the company if they do not back a sale to a consortium led by Virgin Atlantic and Stobart Air.“
https://www.bbc.co.uk/news/47165902
There is now nothing of value left in the PLC at all - so yes, if the share sale doesn't go through, there's nowt. The only thing that could change that is if the shareholders can force some sort of action to reverse/recover against Connect and/or the directors, but that looks pretty unlikely to succeed.
Feb 8, 2019, 2:08 am
#343
Join Date: Jan 2009
Location: Glasgow
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Feb 8, 2019, 2:24 am
#345
Join Date: Sep 2012
Posts: 26
I can’t see how that would work given at MAN particularly they would be going up against Virgin who are widely respected and the brand awareness is particularly strong up in the North West, if IAG can only just manage to operate Vueling successfully from LGW I really don’t think Level would work, nobody knows the brand, the BA brand would work much better, especially post Brexit!