Banker Posted November 24, 2020 Share Posted November 24, 2020 1 hour ago, IOM said: Underwriting is the principle of ensuring the airline meet the minimum costs of operating if you listened Baker said they were sharing the benefits so Loganair are doing something! And how many Easy jets have you seen? It’s a massive subsidy at absolutely no risk to Logan air Quote Link to comment Share on other sites More sharing options...
IOM Posted November 24, 2020 Share Posted November 24, 2020 6 minutes ago, Banker said: It’s a massive subsidy at absolutely no risk to Logan air Quote Link to comment Share on other sites More sharing options...
IOM Posted November 24, 2020 Share Posted November 24, 2020 Just now, IOM said: 7 minutes ago, Banker said: It’s a massive subsidy at absolutely no risk to Logan air So leave the Isle of Man with no air connections then ? Or see what EasyJet come up with I know what will happen there ! Quote Link to comment Share on other sites More sharing options...
jaymann Posted November 24, 2020 Share Posted November 24, 2020 https://www.manxradio.com/news/isle-of-man-news/govt-commits-significant-sum-to-back-loganair-flights/ Commercially confidential so other airlines don't get into a tizz that Logan are being paid over the odds, maybe? Quote Link to comment Share on other sites More sharing options...
John Wright Posted November 24, 2020 Share Posted November 24, 2020 On 11/20/2020 at 6:30 PM, NoTailT said: Spot on ref PTS. The Heathrow contract has no real ending. It’s just until such time the borders allow commercial operations to resume... I see the underwriting is only until end March, as I said. Clearly there’ll be a review nearer the time. Can’t imagine it’ll continue if EZY return. Quote Link to comment Share on other sites More sharing options...
Banker Posted November 24, 2020 Share Posted November 24, 2020 27 minutes ago, IOM said: So leave the Isle of Man with no air connections then ? Or see what EasyJet come up with I know what will happen there ! That’s not what anyone is saying, I was pointing out that Loganair are not doing routes as they like Isle of Man it’s because they are getting loadsamoney!! 2 Quote Link to comment Share on other sites More sharing options...
tetchtyke Posted November 24, 2020 Share Posted November 24, 2020 (edited) 23 hours ago, NoTailT said: Nothing London and just tried to look at on BA.com if it'd let me book anything from IOM. Alas not. Im not too convinced BA will want to work with Loganair on this route to be honest given other things that may be going on. You can book a through ticket on Emirates via LHR. Via Manchester, too. Edited November 24, 2020 by tetchtyke 1 Quote Link to comment Share on other sites More sharing options...
IOM Posted November 24, 2020 Share Posted November 24, 2020 3 hours ago, Banker said: That’s not what anyone is saying, I was pointing out that Loganair are not doing routes as they like Isle of Man it’s because they are getting loadsamoney!! So which airline does ‘like’ the Isle of Man ? Quote Link to comment Share on other sites More sharing options...
Banker Posted November 24, 2020 Share Posted November 24, 2020 3 minutes ago, IOM said: So which airline does ‘like’ the Isle of Man ? None if the route is not profitable. 2 Quote Link to comment Share on other sites More sharing options...
NoTailT Posted November 25, 2020 Share Posted November 25, 2020 (edited) Mr Quine soon became a Gov mouthpiece didn't he? https://www.manxradio.com/news/isle-of-man-news/heathrow-route-confident-statement-for-future-of-island/ Personally I don't see a situation where we have to underwrite routes as a confident statement in the Island, but oh well. Edited November 25, 2020 by NoTailT 1 Quote Link to comment Share on other sites More sharing options...
Uhtred Posted November 25, 2020 Share Posted November 25, 2020 1 hour ago, NoTailT said: Mr Quine soon became a Gov mouthpiece didn't he? https://www.manxradio.com/news/isle-of-man-news/heathrow-route-confident-statement-for-future-of-island/ Personally I don't see a situation where we have to underwrite routes as a confident statement in the Island, but oh well. Yes, I too was concerned at the speed of assimilation into the Borg. 1 Quote Link to comment Share on other sites More sharing options...
Albert Tatlock Posted November 25, 2020 Share Posted November 25, 2020 8 minutes ago, Uhtred said: Yes, I too was concerned at the speed of assimilation into the Borg. "Mr Quine, a former pilot..." Yeah, I suspect it won't be too long till he lands on his arse. Quote Link to comment Share on other sites More sharing options...
Roger Mexico Posted November 25, 2020 Share Posted November 25, 2020 2 hours ago, NoTailT said: Mr Quine soon became a Gov mouthpiece didn't he? https://www.manxradio.com/news/isle-of-man-news/heathrow-route-confident-statement-for-future-of-island/ Personally I don't see a situation where we have to underwrite routes as a confident statement in the Island, but oh well. It's Captain Quine to you, I'll have you know. Though to be fair, about the only policy he seemed to be promoting during the by-election was "Spend more money on airlines". So he's consistent. Quote Link to comment Share on other sites More sharing options...
IOM Posted November 25, 2020 Share Posted November 25, 2020 Arriving at some sort of agreement with a trusted operator was the sensible solution I would like to hear any form of alternative credible plan . Anyone who needs to go across for hospital treatment will I am sure be grateful ! And bear in mind Aurigny have posted losses of nearly £10m to ensure they as an island have connectivity . I doubt the underwriting costs will be anything like that . Quote Link to comment Share on other sites More sharing options...
John Wright Posted November 25, 2020 Share Posted November 25, 2020 29 minutes ago, IOM said: Arriving at some sort of agreement with a trusted operator was the sensible solution I would like to hear any form of alternative credible plan . Anyone who needs to go across for hospital treatment will I am sure be grateful ! And bear in mind Aurigny have posted losses of nearly £10m to ensure they as an island have connectivity . I doubt the underwriting costs will be anything like that . We don’t know what the PT contract is. LHR has no relevance to patients. Aurigny are expected to lose £24million this year. Just had a cash flow loan of £57m. By end next year cumulative losses will be around £80m Quote Link to comment Share on other sites More sharing options...
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