Flybe nosedives on profits warning

[John Wright]

29 minutes ago, Non-Believer said:

Plus the cost of acquiring the landing slots at any significant UK airport that he was so happy to sell on to BA when they came a-waving the chequebook?

That’s a rewriting of history!

[Non-Believer]

2 minutes ago, John Wright said:

That’s a rewriting of history!

I recall it was the significant reason behind BA's acquisition of MA though, John? The prized Heathrow slots?

[John Wright]

15 minutes ago, Non-Believer said:

I recall it was the significant reason behind BA's acquisition of MA though, John? The prized Heathrow slots?

But sale was not down to Terry. That was Michael Bishop who sold up.

Terry was responsible for setting it up.  Remember it was the Cazenoves with British Island Airlines and Bishop with British Midland who were losing money on their Manx routes, competing, who pooled resources into Manx.

The idea of a hub here, engineering here, not competing on commercially viable routes, was good. It worked. 

In someways too successfully. The expansion into Manx Europe, then BRAL, then the BA franchising all came before the sale. Indicative of the costs and difficulties of running a multi hub, feeder, regional airline.

And yes, the value to BA, when they bought, was the Heathrow slots.

But there had been rumblings before then about the increased costs at Heathrow making the route non viable as the ATP and 146 were going to be charged the same fees as a 737 or 319/20.

Assuming that there isn’t a cost for slots at LGW, LTN, LCY, MAN, LPL, DUB, GLA, EDI, BHD, and that planes are cheap, and redundancies mean there is a pool of labour at lower than pre Covid wages how do we avoid other operators coming in. How do we stop meaningful competition from EasyJet or Logan Air. Because that’s the issue with Aurigny. They’re competing with the big boys, duplicating flights on routes, there is over capacity.

[Uhtred]

1 hour ago, dilligaf said:

Mr Liddiard is losing his mind. How many hundred millions does he think are lying around waiting to be thrown away on mad ideas ?

Just look at how much  Guernsey are losing. Insane.

Does anyone actually think Manx Airlines was Manx ?

Quite honestly Dilli I thought Liddiard's explanation, information, strategic analysis and conclusions were absolutely persuasive. In fact the proposal he suggested seemed so logical and advantageous that the Isle of Man Government will almost certainly ignore it totally.

[Major Rushen]

They ignored it first time round. 

[Andy Onchan]

1 hour ago, Non-Believer said:

Plus the cost of acquiring the landing slots at any significant UK airport that he was so happy to sell on to BA when they came a-waving the chequebook?

It was Michael Bishop that BA waved the chequebook at...

[TheTeapot]

Right I've had a think, and having seen this it is clear this must be a terrible idea

 

[Non-Believer]

2 hours ago, John Wright said:

But sale was not down to Terry. That was Michael Bishop who sold up.

Terry was responsible for setting it up.  Remember it was the Cazenoves with British Island Airlines and Bishop with British Midland who were losing money on their Manx routes, competing, who pooled resources into Manx.

The idea of a hub here, engineering here, not competing on commercially viable routes, was good. It worked. 

In someways too successfully. The expansion into Manx Europe, then BRAL, then the BA franchising all came before the sale. Indicative of the costs and difficulties of running a multi hub, feeder, regional airline.

And yes, the value to BA, when they bought, was the Heathrow slots.

But there had been rumblings before then about the increased costs at Heathrow making the route non viable as the ATP and 146 were going to be charged the same fees as a 737 or 319/20.

Assuming that there isn’t a cost for slots at LGW, LTN, LCY, MAN, LPL, DUB, GLA, EDI, BHD, and that planes are cheap, and redundancies mean there is a pool of labour at lower than pre Covid wages how do we avoid other operators coming in. How do we stop meaningful competition from EasyJet or Logan Air. Because that’s the issue with Aurigny. They’re competing with the big boys, duplicating flights on routes, there is over capacity.

I stand corrected John, thank you.

[Andy Onchan]

1 hour ago, TheTeapot said:

Right I've had a think, and having seen this it is clear this must be a terrible idea

 

I bet Terry Liddiard wished he'd never said anything now!

[TheTeapot]

Hmmm. Seems Howard doesn't think its a good idea, so it probably is.

Now I'm confused.

[dilligaf]

3 hours ago, Andy Onchan said:

I bet Terry Liddiard wished he'd never said anything now!

Yes. Just imagine being endorsed by the children’s champion.

[dilligaf]

Well there is one less 146 available now. Just seen this come down in upper Douglas 

 

Edited July 16, 2020 by dilligaf

[Mr Newbie]

5 hours ago, TheTeapot said:

Right I've had a think, and having seen this it is clear this must be a terrible idea

 

Wasn't that the same MHK who disagreed with the SPC decision the grounds of taxpayer cost? 

[finlo]

29 minutes ago, dilligaf said:

Well there is one less 147 available now. Just seen this come down in upper Douglas 

 

146.

Ps what's the other bit of memorabilia in the bottom corner? Oh and your grass could do with a mow.

Edited July 16, 2020 by finlo

[The Dog's Dangly Bits]

2 hours ago, TheTeapot said:

Hmmm. Seems Howard doesn't think its a good idea, so it probably is.

Now I'm confused.

To be fair it isn't a good idea.

Can you imagine the fucking bellyaching from people when the tax payer has to fund it?

The only thing they should perhaps look at is whether routes should have exclusivity.   

We lost the daily Belfast service because Easyjet shoved on a Friday Monday flight and took the business subsidising the rest of the flights.