dark light

  • cal900

Doom and Gloom In The Airline Industry (Merged)

about the industry right now with airlines shutting and people saying it’s the end.

Time for some good news.

Flybe has announced record annual profits before tax of £35.4m and its sales are up by 46% to £535.9m.

http://news.sky.com/skynews/Home/Business/Flybe-Airline-Weathers-Rising-Fuel-Cost/Article/200809215095318?lpos=Business_0&lid=ARTICLE_15095318_Flybe%2BAirline%2BWeathers%2BRising%2BFuel%2BCost

Member for:

19 years 1 month

Posts:

11,401

Send private message

By: Ren Frew - 22nd September 2008 at 04:20

‘DayJet Discontinues Passenger Operations

As of September 19, 2008, DayJet Services, LLC, has discontinued its jet services
http://www.dayjet.com/

At least they couldn’t be accused of being a fly by night organisation…:rolleyes:

Member for:

19 years 1 month

Posts:

2,215

Send private message

By: Whiskey Delta - 21st September 2008 at 23:20

That really didn’t surprise me to hear.

Member for:

19 years 1 month

Posts:

901

Send private message

By: B77W - 20th September 2008 at 21:56

‘DayJet Discontinues Passenger Operations

As of September 19, 2008, DayJet Services, LLC, has discontinued its jet services and cancelled all future flights as a result of the company’s inability to arrange critical financing in the midst of the current global financial crisis.

We regret the disruption and hardship caused by the sudden shutdown of DayJet services to our customers, employees, DayPort communities, suppliers and stockholders. Unfortunately, DayJet is unable to honor customer reservations or issue refunds.’

http://www.dayjet.com/

Member for:

19 years 1 month

Posts:

12,674

Send private message

By: swerve - 20th September 2008 at 15:33

Surely if that were absolutely true, someone with more knowledge than you and I would have thought of it before?

Paul

They have. But since the drivers for most airport terminal designs are 1) getting as much revenue from shops, bars, etc, & 2) the convenience of the airport operator, they aren’t allowed anywhere near real airports.

Think of how much money BAA would lose if people were able to arrive at Heathrow, & move through quickly & smoothly to their airline seats!

Member for:

19 years 1 month

Posts:

19

Send private message

By: opssys - 20th September 2008 at 07:53

Whilst the Operatic Farce that is the Alitalia Situation continues, the Greek tragedy of Olympic is reaching its final conclusion.
The Greek Government is finalising the liquidation and relaunch to private investors.
This mirrors the Alitalia situation, at all levels, yet the handling of the Olympic Situation has been carried out without either the ameteur dramatics, nor the international media coverage.

In both cases excessive (and I am being polite) Government Interference is running the Company, Unions with Political and Power base Agenda that have made them myopic to the changing world, a high proportion of the Management Team ‘going with the flow’ either out of apathy, or a similar myopic view of the world.

Yet the Greeks have taken a series of steps over some years to correct the situation, but under similar pressure from the EU (as the Italian Government are over Alitalia), but also seeing that Olympic as currently structured was beyond redemption, have ‘bitten the bullet’ and taken the neccesary action. It is an interesting case study in differences in Cultural, Political and Social handling of two basically similar situations.

Member for:

19 years 1 month

Posts:

100,651

Send private message

By: Arabella-Cox - 19th September 2008 at 17:26

I have just read the following on RyanAir’s website…. Its the final paragraph which got me….

Thoughts…….:rolleyes:

Rick

I don’t see anything wrong with the second paragraph…

Really, what they are saying is the truth, people should look into the financial security of companies before making a booking.

If someone like the CAA etc came out and said the exact same, I’m sure everyone would agree with it, I get the feeling its because its Ryanair, the airline spotters love to hate, no one agrees with it. :rolleyes:

Member for:

19 years 1 month

Posts:

1,114

Send private message

By: symon - 18th September 2008 at 19:18

Consortium withdraws Alitalia bid

Alitalia is overdue for years.
As the employees are the biggest problem of Alitalia, you don’t even have to be sorry for them when they lose their jobs.

Seems as though you are right and I quite agree. Alitalia’s employees are bringing the airline down (further), pretty selfish I would say:

A consortium of investors proposing to rescue airline Alitalia has withdrawn its takeover offer, raising fears the carrier may go into liquidation.

The Italian group, called CAI, dropped its bid after unions failed to back the deal before a 1400GMT deadline.

While four of Alitalia’s unions had supported the deal, five had objected because of plans to cut 3,000 jobs.

More here: http://news.bbc.co.uk/1/hi/business/7622304.stm

Member for:

19 years 1 month

Posts:

1,301

Send private message

By: zoot horn rollo - 17th September 2008 at 12:16

Despite all their bleatings etc they are not a UK airline

Member for:

19 years 1 month

Posts:

744

Send private message

By: A Spalding - 17th September 2008 at 10:50

“This is proof positive that passengers should not book their holidays with flaky, financially stretched airlines such as XL. Passengers should only book reservations with financially strong airlines such as Ryanair whom they know will be here for the long term. We are pleased to be able to rescue these passengers and facilitate the CAA in their efforts to repatriate them. We strongly advise passengers to be more discerning when they book their holidays and look first at the financial position of the airline with which they book”.

Ryanair aren’t ‘ATOL’ protected themselves 😀

Member for:

19 years 1 month

Posts:

6,514

Send private message

By: PMN - 17th September 2008 at 09:50

Next… airport infrastructure…. For goodness sake get some production engineers on the job. All you have to do is get bums on and off seats on aeroplanes. You only have to look at the junk even at a regional airport to see how unsustainable the ‘investment’ in airport infrastructure is. The major airports are staggering monuments to mankind’s current lack of intellegence.(

Surely if that were absolutely true, someone with more knowledge than you and I would have thought of it before?

Paul

Member for:

19 years 1 month

Posts:

335

Send private message

By: Jet 22 - 17th September 2008 at 07:53

Last Paragraph, just makes me laugh. Talk about blowing you own trumpet.

Member for:

19 years 1 month

Posts:

11,401

Send private message

By: Ren Frew - 17th September 2008 at 01:07

I have just read the following on RyanAir’s website…. Its the final paragraph which got me….
Thoughts…….:rolleyes:

Rick

Further proof as to why I’ll never set foot on a Ryanair plane (so help me god!)

Member for:

19 years 1 month

Posts:

296

Send private message

By: cal900 - 17th September 2008 at 00:40

Finally, I think there IS too much uneccesary air travel, and it needs to be scaled down a bit. ‘Sorry ! 🙁

Why?

At a time when airlines are struggling, your telling I should infact travel less?:confused:

Member for:

19 years 1 month

Posts:

2,085

Send private message

By: tomfellows - 16th September 2008 at 23:55

I have just read the following on RyanAir’s website…. Its the final paragraph which got me….
……..
Thoughts…….:rolleyes:

Rick

To be honest I expected as much from Ryanair. Is almost as bad as their ‘Closing Down Sale…for other airlines’ line – distasteful in the extreme. But we’ve come to expect strong PR from Ryanair and this is another example of that.

Member for:

19 years 1 month

Posts:

473

Send private message

By: Rickt - 16th September 2008 at 23:24

I have just read the following on RyanAir’s website…. Its the final paragraph which got me….

Ryanair brings Stranded XL Passengers Home
Ryanair, Europe’s leading low fares airline, today (12th September 2008), in response to their request, offered the CAA the use of one of its aircraft for the next two weeks in order to secure the return of stranded holidaymakers abandoned by the closure of bankrupt airline XL Airways. Ryanair is using one of its spare 737-800 aircraft to help the authorities in the UK and Ireland provide services for outgoing and returning passengers who have booked with the now defunct airline.

Commenting on the collapse of yet another bankrupt airline, Michael Cawley, Ryanair’s Deputy Chief Executive, said:

“This is proof positive that passengers should not book their holidays with flaky, financially stretched airlines such as XL. Passengers should only book reservations with financially strong airlines such as Ryanair whom they know will be here for the long term. We are pleased to be able to rescue these passengers and facilitate the CAA in their efforts to repatriate them. We strongly advise passengers to be more discerning when they book their holidays and look first at the financial position of the airline with which they book”.

Thoughts…….:rolleyes:

Rick

Member for:

19 years 1 month

Posts:

248

Send private message

By: Speedy - 16th September 2008 at 16:22

Hi Deano, Who am I to say these things?…. Well, I am afraid I am one of the silly sods who wastes too much time flying around Europe too much. Doing this amongst others (we all talk to each other) who do the same forms some fairly strong conclusions. I think you misunterstood me a little. As you say the ground based infrastructure is inadequate. It is overloaded with little scope for increasing it’s capacity. I am all for regional flying, but out of regional airports and using turboprop aircraft. Right now I am forced to use LHR, LGW or a grotty shopping mall in Essex called Standstill. My most common flight is 2 hours on a jet, and with travelling at each end takes 8 hours. Most of that extra time is at the UK end. If I could fly into a regional airport nearer my destination in UK I am pretty confident that this could be reduced to 5 hours on a Q400 and be a much more pleasant trip doing a little less harm to the environment.

At least I am smart enough to have a proper job, so would never consider going into politics. That lot are even sillier than I am. 😀

Member for:

19 years 1 month

Posts:

2,910

Send private message

By: Deano - 16th September 2008 at 12:49

But saying that Speedy who are you, or anyone for that matter to say whether people are travelling needlessly and it needs to be scaled down? how do you come to this conclusion? We do live in a democracy afterall and freewill should never be taken away, it is people’s right to fly “if they have the option”. You sound like you should run for parliament, I’m sure you can work with them to dream up another tax to hit the hard working people of this country.
Regional flying like Flybe is there to provide a service, and the transport infrastructure, mainly on pricing, isn’t there to do away with it, and until it is, people will be flying from Birmingham to Glasgow, Exeter to Manchester etc etc etc.

Member for:

19 years 1 month

Posts:

248

Send private message

By: Speedy - 16th September 2008 at 10:55

I do feel sorry for those who are out of work due to the latest downturn. I wish them all good luck.

However, it seems only nast medicine shocks anyone into sorting out the mess they’ve developed. The airline business is no exception. Companies like Flybe are showing the way with turboprops like Q400 for regional flying, and their use of regional airports too. It is utterly absurd to be building new terminals and runway at airports that are all in London. The transport infrastructure around them is not suitable. It makes no sense for someone living only 100 miles out of London to spend hours making their way to one of the London airports to hop on a jet for a 1 hour flight when they could be using much handier regional airports and more efficient turboprops to get where they are going.

Next… airport infrastructure…. For goodness sake get some production engineers on the job. All you have to do is get bums on and off seats on aeroplanes. You only have to look at the junk even at a regional airport to see how unsustainable the ‘investment’ in airport infrastructure is. The major airports are staggering monuments to mankind’s current lack of intellegence.

Finally, I think there IS too much uneccesary air travel, and it needs to be scaled down a bit. ‘Sorry ! 🙁

Member for:

19 years 1 month

Posts:

2,135

Send private message

By: cloud_9 - 16th September 2008 at 08:49

…the power of mass media and ill-informed speculation.

Indeed. I am at the point now where I feel that both the media/press and the ill-informed speculation that you speak of has unnecessarily kept this crisis going. As devastating as it is to know that a particular airline/tour operator has gone bust, resulting in many thousands of people stranded abroad or with future holidays now in tatters, I do think the media/press especially should be more focused on helping to restore confidence in the industry, instead I find its doing more harm than good!

Member for:

19 years 1 month

Posts:

1,301

Send private message

By: zoot horn rollo - 16th September 2008 at 07:31

It’s sad sad situation. I find it quite amusing that you can bet on Airlines that are going to go bust. Amusing because who would really want to bet on an airline going bust, and who came up with the idea.

Sad to hear to all those thousands of Employees that lost their jobs. All those New 737-900’S aswell, where are they all going to go (KL to the rescue). It would seem that this is the beginning, it is now a game of ‘whose next’.

EDIT: I heard UA are nearly ready to go into Chapter 11 Bankruptcy.

See, this is a perfect example of what can happen caused by something along the lines of a ‘bit of fun’. A newspaper in Florida ran a piece on UA and Chapter 11 protection which caused the share price to plummet knocking billions of dollars off the company value.

The only thing is that the piece of news was actually very old news and it had been printed in error.

The company may end up going into Chapter 11 but through no fault of its own but due to the power of mass media and ill-informed speculation.

1 2 3 4
Sign in to post a reply