WW "airlines to go bust"
Oct 1, 2018, 3:19 pm
#181
Join Date: Apr 2017
Posts: 516
You only have to read their trustpilot to see why people weren’t booking. I agree with the above comment the they shot themselves in the foot with over fast expansion. Not a great suprise.
https://uk.trustpilot.com/review/www.primeraair.com
https://uk.trustpilot.com/review/www.primeraair.com
Oct 1, 2018, 3:49 pm
#182
Join Date: May 2013
Posts: 6,349
You only have to read their trustpilot to see why people weren’t booking. I agree with the above comment the they shot themselves in the foot with over fast expansion. Not a great suprise.
https://uk.trustpilot.com/review/www.primeraair.com
https://uk.trustpilot.com/review/www.primeraair.com
https://uk.trustpilot.com/review/www.britishairways.com
https://uk.trustpilot.com/review/britishairways.co.uk
Oct 1, 2018, 4:36 pm
#183
A FlyerTalk Posting Legend
Join Date: Aug 2006
Location: Argentina
Posts: 40,211
Saw a headline but didn't read the story about SAA being in dire financial straits the other day...hardly new that I thought.
I used to hear great reports about them from those I knew who had flown with them.
I used to hear great reports about them from those I knew who had flown with them.
Oct 1, 2018, 6:31 pm
#184
Join Date: Nov 2000
Location: London
Programs: BAEC Silver, Vietnam Airlines Lotusmiles Platinum
Posts: 2,375
I don’t believe the state will ever let them go under, sadly, because they are so badly managed!
Oct 2, 2018, 3:55 am
#185
Join Date: Feb 2010
Location: Bombay
Programs: EC Blue, EB Silver, FB Gold
Posts: 551
No surprise with regards to Primera (often referred to as Deprimera by those dealing with them...). They had fallen foul of all the Scandinavian consumer protection agencies due to their reluctance to adhere to EU261 as well.
A friend used to work for their holiday integrator (is that the right description?), and they have been struggling for several years. They have cut staff & closed offices, and struggled with many of their destinations. I do hope the affected employees are able to find gainful employment within a reasonable timeframe.
A friend used to work for their holiday integrator (is that the right description?), and they have been struggling for several years. They have cut staff & closed offices, and struggled with many of their destinations. I do hope the affected employees are able to find gainful employment within a reasonable timeframe.
Oct 2, 2018, 4:45 am
#186
Join Date: Oct 2006
Location: London
Programs: Many. Too many. I came here to cut them down. I failed.
Posts: 2,999
Primera fell out with the trade, so very few UK based agents touched them with a barge pole fortunately. Whereas loco airlines like Norwegian & Air Asia are going the other way.
Oct 17, 2018, 5:51 pm
#187
Join Date: Dec 2009
Location: Flatland
Programs: AA Lifetime Gold 1MM, BA Gold, UA Peon
Posts: 6,111
Cobalt Air, formed from part of the remains of Cyprus Airlines, has gone bust: https://www.theguardian.com/business...-are-cancelled
Oct 18, 2018, 1:17 am
#190
Join Date: Nov 2010
Posts: 5,596
Flybe's LHR slots are worth more than that. Just needs someone to come up with a great idea on how to use them with the current restrictions in place.
Oct 18, 2018, 1:22 am
#191
Join Date: May 2007
Programs: BA Blue, EI Silver, Honours Gold, Marriott Gold
Posts: 1,209
IAG demand ~10% return, if I recall. Is there any evidence that flyBe can offer that?
Oct 18, 2018, 8:19 am
#192
Join Date: Dec 2012
Posts: 118
Indeed. Funnily enough their reviews are on a par with BA....
https://uk.trustpilot.com/review/www.britishairways.com
https://uk.trustpilot.com/review/britishairways.co.uk
https://uk.trustpilot.com/review/www.britishairways.com
https://uk.trustpilot.com/review/britishairways.co.uk
Oct 18, 2018, 9:05 am
#193
FlyerTalk Evangelist
Join Date: Feb 2002
Location: Montreux CH
Programs: FB Platinum, M&M FTL, BA Blue
Posts: 11,623
We are sitting expecting Wow Air and Norwegian Air Shuttle go bankrupt, and in theory they should do. But I bet, based on nothing rational whatsoever, that they don't and that they will still be kicking around until at least next Summer. When these bankruptcies happen, they seem to come totally unexpectedly in the majority of cases. When you expect them to come (cf Norwegian and everyone is focused on the airline in question and its troubles), they don't!
Oct 18, 2018, 9:14 am
#194
Join Date: Mar 2005
Programs: BA, Virgin, Lufthansa
Posts: 183
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?
Dropping a few routes might help their ontime performance, and reduce the amount of work their customer services team have to cope with
Oct 18, 2018, 10:04 am
#195
Join Date: Nov 2010
Posts: 5,596
I wonder how much FlyBe pay out in EU261 compared to what they take in revenue - last time I did BHX to AMS with them the compensation was more than I paid for my ticket
Dropping a few routes might help their ontime performance, and reduce the amount of work their customer services team have to cope with
Dropping a few routes might help their ontime performance, and reduce the amount of work their customer services team have to cope with