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Flybe nosedives on profits warning


Andy Onchan

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11 minutes ago, Utah 01 said:

if you can find a flight to City after 1 December please let us know.  Under the current dire circumstances, we will need any and every air route the private sector deigns to give us.

They havent loaded City as Heathrow is meant to be the replacement. As I understand from - someone - IOM PLC are paying the entire cost to operate the City flights. Liverpool is being paid by PTS and Manchester is being underwritten too.

We really dont need a jump from 1 city flight to 2 heathrow flights this side of xmas, do we? The airlines don't desire to give us anything, Lady Reynolds and Lord Jez at the airport have control of it and they can pay any operator they wish to operate the routes. Loganair don't desire the isle of man or our routes IMO, they desire our underwriting i.e. flying risk free.

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Flights to and from the IOM are only operating because the Gov is bankrolling them. If they did not then the flights would not go.

The ferries sail with more crew than passengers - again bankrolled by Gov.

The Gov have no option really. Easy Jet will only come back if 14 day quarantine goes so don’t expect them to be flying in the next 6 months at least , probably more and even then if they don’t go bust. The IOM will be at level 4 until at least the next election here.

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18 hours ago, ellanvannin2010 said:

Good, it shows how much they care about the IOM.

Hopefully they will not be back until they decide to run a decent schedule for the benefit of the IOM and not U2.

 

What a stupid statement. No commercial business cares about anything other than making money. Why should it?

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Hopefully there may be an upside to the current situation, if we are capable of thinking "outside the box" (hate bollox speak but ..)

Subsidising operators is imo unavoidable for the foreseeable future, but there should be a way we can gain maximum advantage for the cost splurged ! Certainly open skies needs a re visit, and associated costs of medical transfer should form the backbone of a scheme. No longer should we be pursuing multiple destinations, as desirable as that may be in the future, but consolidating vital routes with a guaranteed service. However we have the most useless airport management in living history with a piss poor commercial record and little to no strategy except to spend !

 

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Well, FlybeMk2 put a bid in for the 10 year  Aer Lingus Regional franchise, and didn’t get it.

Neither did LoganAir, who also put a bid in.  Nor did Stobart, who have had the franchise until now. 

Surprise winners were a small, new, outfit, called Emerald.

Stobart must be in real trouble now.

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11 minutes ago, tetchtyke said:

EasyJet won't be coming back until they can fill a plane. Which won't be until the border relaxes.

The London City flight often has fewer than 15 people on it, or so I hear. So of course it needs subsidy to run. I don't get the impression Loganair are taking the piss though.

We should be getting told what the overall cost of air and ferry subsidies are at present 

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12 minutes ago, Banker said:

We should be getting told what the overall cost of air and ferry subsidies are at present 

Indeed.

The fact that Loganair said they were going to pull all of the routes UNLESS IOM PLC awarded them the patient transfer contract is abysmal. They're no supported of our Island any more than easyjet is. Apparently Loganair also trying to get the postal flights taken from West Atlantic too, more local jobs going to risk if that happens.

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1 hour ago, Banker said:

We should be getting told what the overall cost of air and ferry subsidies are at present 

What makes you think the steam packet is receiving a subsidy. 

It cut down sailings March to May. It owns the boats, no lease or finance charges, unlike airlines. Fewer sailings, less fuel costs and fewer crew.

The freight will cover operating costs. Manannan is tied up for the winter. I’m surprised they aren’t just allowing passengers only on one sailing each way each day. That also cuts down on crewing.

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1 hour ago, John Wright said:

What makes you think the steam packet is receiving a subsidy. 

It cut down sailings March to May. It owns the boats, no lease or finance charges, unlike airlines. Fewer sailings, less fuel costs and fewer crew.

The freight will cover operating costs. Manannan is tied up for the winter. I’m surprised they aren’t just allowing passengers only on one sailing each way each day. That also cuts down on crewing.

Well running 2 sailings each way plus mannanan several times per week until recently with no passengers will be very costly notwithstanding freight.all kitchen staff, cleaners,check in staff etc

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