Status
Not open for further replies.
I hope they would keep the flybe brand. Or intergrate their operations into flybe. Flybe have been building up a good brand reputation in Wales now and I'd had to see that go backwards.
 
Well they already operate under a Flybe franchise at Southend. I'd be surprised if they get rid of the Flybe brand. It's too well in aviation. I think they would more than likely they'd integrate Stobart Air ops into Flybe.
What it would give Flybe is the financial boost to either expand and renew the fleet.
 
Well they already operate under a Flybe franchise at Southend. I'd be surprised if they get rid of the Flybe brand. It's too well in aviation. I think they would more than likely they'd integrate Stobart Air ops into Flybe.

Ahh yes I do remember now about the franchise Jerry.

Would you have any concerns personally about an acquisition?
 
I hope they would keep the flybe brand. Or intergrate their operations into flybe. Flybe have been building up a good brand reputation in Wales now and I'd had to see that go backwards.
Looking at Jethros Fleet Listings Flybe has:

2 x ATR42-300s and 1 x ATR42-600 operating Aer Lingus Regional franchise

2 x ATR72-200s leased to Flybe and based Isle of Man

13 x ATR72-600s, 12 of which operate the Aer Lingus Regional franchise, and the other for the Flybe franchise

2 x E190s operating the Flybe franchise at Southend

2 x 190s acquired January 2018 but no other details provided

All the aircraft have Irish registrations except the two E190s at Southend which have UK registrations. There is no concrete information about the registrations of the other two E190s.

http://www.jethros.org.uk/fleets/fleet_listings/stobart_air.htm

How Stobart would integrate things is anyone's guess. The Aer Lingus franchise has been extended until 2022.
 
Ahh yes I do remember now about the franchise Jerry.

Would you have any concerns personally about an acquisition?
No not really. Stobarts have built up a successful business in logistics, they already own an airline and they are cash rich and ambitious. If they keep the Flybe brand and don't tinker with what Flybe offer their customers and their airline partners i think it'll be good for both parties as it'll give Flybe financial backing and Stobart an increased presence in the aviation industry.
 
A share price that has bombed and a company that doesn't want to touch the airline with a barge poll. Not a good sign for the airline. Lets hope they have a good trading year ahead so they can get their act together.
 
Or that Stobart thought they'd be able to get them on the cheap and had a rude awakening. Guess we'll never know.
 
A share price that has bombed and a company that doesn't want to touch the airline with a barge poll. Not a good sign for the airline. Lets hope they have a good trading year ahead so they can get their act together.

Flybe's share price was down 25% this morning and is now around 37 pence although it's back to the position it was in before the Stobart offer was announced in January. Flybe floated in 2010 at 295 pence per share but within a year or so they had dropped to the 60-70 pence level. They did climb to around 150 pence in 2014 but the past year or more has seen them in the range of low 30 pence to high 40 pence.

Some analysts believe the Flybe stock is under-valued and that the new management focus will improve the company's fortunes and drive the share price and company value higher. Against that, it has been under-performing for years and there is a need to show some positive evidence that the latest strategy is likely to work.

There might be more ups and down in Flybe's chequered history since flotation before its future becomes clearer. Ironically, if it does turn itself around it's likely to interest would-be purchasers as it would probably still be affordable.
 
Flybe's share price was down 25% this morning and is now around 37 pence although it's back to the position it was in before the Stobart offer was announced in January. Flybe floated in 2010 at 295 pence per share but within a year or so they had dropped to the 60-70 pence level. They did climb to around 150 pence in 2014 but the past year or more has seen them in the range of low 30 pence to high 40 pence.

Some analysts believe the Flybe stock is under-valued and that the new management focus will improve the company's fortunes and drive the share price and company value higher. Against that, it has been under-performing for years and there is a need to show some positive evidence that the latest strategy is likely to work.

There might be more ups and down in Flybe's chequered history since flotation before its future becomes clearer. Ironically, if it does turn itself around it's likely to interest would-be purchasers as it would probably still be affordable.
 
I did think it was a bit unusual Loganair was launching from Carlisle....I would have expected a Flybe/Stobart set up.
 
I did think it was a bit unusual Loganair was launching from Carlisle....I would have expected a Flybe/Stobart set up.
Neither really have the size of aircraft required for the routes and i don't think it can handle anything over an ATR42.
 
Flybe's share price is essentially back to what it was pre Stobart announcing that they were looking at investing/buying, the price may even be a little higher.
 
Flybe's share price is essentially back to what it was pre Stobart announcing that they were looking at investing/buying, the price may even be a little higher.
http://www.hl.co.uk/shares/shares-search-results/f/flybe-group-plc-ord-1p

This graph shows Flybe's share price fluctuations since it floated publicly in 2010.

The graph shows the performance over various periods from the past day to the past ten years by clicking on the appropriate box at the top of the graph.
 
https://news.sky.com/story/flybe-blames-bad-weather-for-dip-in-revenue-11314945

The bad weather in February and March has resulted in Flybe suffering an impact of around £4 million through lost revenue and related costs. 994 flights were cancelled in the fourth quarter of its financial year, nearly three times as many as in the corresponding quarter last year.

However, the CEO is confident the airline is on the right track. Passengers numbers up by 3.7% despite less capacity and revenue per seat was up 9%.

The share price hasn't been severely affected and has remained in the 32-35 pence level it dropped to after Stobart lost interest in acquiring the airline a couple of weeks ago. It was at that level before Stobart expressed an interest earlier this year.
 
Flybe released their results this morning. The overall loss went from 6 million last year to about 19.6 million this year. Not good results and some was put down to weather but most was put down to their operations how they are run.I can see a few changes across the board to try and get these losses down.
 
Flybe released their results this morning. The overall loss went from 6 million last year to about 19.6 million this year. Not good results and some was put down to weather but most was put down to their operations how they are run.I can see a few changes across the board to try and get these losses down.

Financial highlights

· 6.4% increase in group revenue to £752.6m (2016/17: £707.4m).

· Loss before tax improved to £9.4m (2016/17: restated to £48.5m) including £11.1m of non-cash revaluation gains on USD aircraft loans (2016/17: losses of £13.2m).

· Adjusted loss before tax1 increased to £19.2m (2016/17: £6.7m loss).

· 4.3% increase in EBITDAR2 to £140.0m (2016/17: restated to £134.2m).

· Net assets of £93.1m (31st March 2017: £124.9m restated to include the £28.6m impact of an Embraer E195 onerous lease provision and related impairment of maintenance assets).

· Net debt (which is all asset backed) decreased to £59.1m (31st March 2017: £64.0m).

The company's statement issued this morning reads: "The European aviation market continues to be challenging, with many airlines impacted by excess seat capacity in the short-haul market, a weaker pound, higher fuel prices and both business and consumer uncertainty. Within this market, the Board believes that Flybe offers a differentiated regional business model and has the right strategy to deliver a sustainable profitable future."

Christine Ourmières-Widener, Chief Executive Officer, said: "Flybe has made significant progress during my first full year as CEO. With our fleet size under control, we are already delivering improvements to passenger yield, load factors and revenue. Our Sustainable Business Improvement Plan, launched last year, is enhancing the business in a number of key areas including, network decision-making, revenue management and commercial performance. Profitability has however been impacted by higher maintenance costs, IT investment and the poor weather in the final quarter.

"We now have a new senior management team in place, with greater aviation experience, and we are all focused on delivering the business plan through continued improvements to revenue, a renewed focus on cost reduction and therefore achieving profitability.

"There is growing awareness of the importance of regional air connectivity, not just to the economy and in connecting people, but also in connecting customers to long-haul services with increased interest from legacy carriers. This is shown by the success of our new routes in Heathrow and the growth in our codeshares. Flybe has a unique position in UK connectivity and in its relationship with 9 million UK passengers.

"I look forward to a positive future and would like to thank all Flybe employees for their ongoing support and commitment."
https://www.devonlive.com/news/devon-news/losses-for-exeter-airline-flybe-1690234
 
Status
Not open for further replies.

Upload Media

Upgrade Your Account

Subscribe to help support your favourite forum and in return we'll remove all our advertisements. Your contribution will help to pay for things like site maintenance, domain name renewals and annual server charges.



Forums4aiports
Subscribe

NEW - Profile Posts

9 trips in 9 days done 70 miles walked and over 23-00 photos taken with a large number taken at 20mph or above. Heavy rain on 1 day only
5 trips done and 45 miles walked,. Also the RAF has had 4 F35B Lightning follow me yesterday and today....
My plans got altered slightly as one of the minibus companies had to cancel 3 trips and refunded me but will be getting nice discount when I rebook them.
wondering why on my "holidays" I choose to get up 2 hours earlier than when going to work. 6 trips in 6 days soon coming up with 3 more days to sort out

Trending Hashtags

Advertisement

Back
Top Bottom
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock