TUI Airways

[IanFarquharson]

And let’s not forget that this government has not helped aviation or travel in any form whatsoever, or if they have it’s been bareminimal. And the least amount of help out of all industries.

I think that is little harsh, the government have done a fantastic job with furlough etc, at the end of the day peoples health must come first !

 

[Sherburnflyer92]

I think that is little harsh, the government have done a fantastic job with furlough etc, at the end of the day peoples health must come first !

Furlough is a fantastic nationwide scheme for every employer. Fantastic as it is, it’s not specifically for aviation. They’ve done nothing for aviation apart from put it on the scrap heap with hospitality and the arts/events. If they’d delivered specific funding to the 3 industries I’ve highlighted then I wouldn’t even have to be writing this post.

Health does come first. But you need wealth to provide the health service to provide a healthy population. It’s a very very fine tight rope.

 

[CM.]

I think that is little harsh, the government have done a fantastic job with furlough etc, at the end of the day peoples health must come first !

How is it harsh? I’m not talking about furlough which I agree they have done well. But what about help for the aviation and travel industry? There’s been very little help for them and fears airlines could go bust as a result. And yes I agree with you health comes first, but so do people’s jobs and livelihoods and I feel we can travel in a safe way with testing ect.

 

[rollo]

.....because the British like to do things their own way and sod everyone else. Or it is fear of messing things up. A blunderbus for a PM, govern by committee and fear of the media and pollsters. Take your pick folks!

Just for a minute I thought you were talking about the French.

 

[JENNYJET]

Indeed, we learn from the best!

 

[TheLocalYokel]

The perception in much of the public's eyes is that airlines do well for themselves in the good time so should have to take responsibility when the bad times come along.

No better example is that of easyJet. In November 2019 the company declared a dividend of £174 million of which a third went to a well-known major shareholder. The dividend was confirmed at the AGM in February 2020 and paid out towards the end of the following month.

The directors had a legal obligation to pay the dividend but when, a few weeks later, easyJet sought government financial help because of the growing pandemic crisis the were those, encouraged by some sections of the Press, who questioned why a company that had recently paid out £174 million to its shareholders was seeking tax payers' help so soon afterwards.

It's an understandable reaction because many people look no further than headlines.

This sort of thing, especially its impact on Mr and Mrs Public, might be one reason why the government has been cautious in its approach to assisting the travel industry; that and the growing spotlight on climate change where aviation is increasingly seen as the villain of the piece.

TUI would be seen in the same light by many people.

 

[Coathanger16]

The perception in much of the public's eyes is that airlines do well for themselves in the good time so should have to take responsibility when the bad times come along.

No better example is that of easyJet. In November 2019 the company declared a dividend of £174 million of which a third went to a well-known major shareholder. The dividend was confirmed at the AGM in February 2020 and paid out towards the end of the following month.

The directors had a legal obligation to pay the dividend but when, a few weeks later, easyJet sought government financial help because of the growing pandemic crisis the were those, encouraged by some sections of the Press, who questioned why a company that had recently paid out £174 million to its shareholders was seeking tax payers' help so soon afterwards.

It's an understandable reaction because many people look no further than headlines.

This sort of thing, especially its impact on Mr and Mrs Public, might be one reason why the government has been cautious in its approach to assisting the travel industry; that and the growing spotlight on climate change where aviation is increasingly seen as the villain of the piece.

TUI would be seen in the same light by many people.

Maybe because for instance with IAG, their loses in 2020 equalled the profits they had made over the 3 years before. With 2021 likely to see a large loss again for IAG (and other airlines), that'll likely equal the profits made in the past 6+ years.

Would the public rather companies held on to their profits to get them through the bad times rather than invest it in their company to improve things for the customer?

 

[JENNYJET]

I feel the confusion is in the language of business. When people understand that shareholders have a financial interest in the company and that shares represent investment by way of loaning money and loans attract dividends or in lay terms, interest. Receiving a dividend is not an obligation to further loan monies but recognition of support.

If Easyjet or BA asked for and got a rejection for funding support is it right to think 'why the airline and not Debenhams or the local gift shop?

 

[JENNYJET]

Furthermore, profit is deemed a dirty concept in some quarters like it is simply a means of personal enrichment.

 

[CM.]

Abit of good news for TUI and others. Portugal are set to allow brits in for the 17th so that’s good news for the airlines and travel company’s

 

[Sherburnflyer92]

Abit of good news for TUI and others. Portugal are set to allow brits in for the 17th so that’s good news for the airlines and travel company’s

One now wonders if Jet2 will follow suit. Or bring forward the 24th June? Or just start on 24th June as normal.

If they do just stick to 24th June that gives TUI 3/4 weeks competitive advantage on Jet2 (there next biggest competitor). I wouldn't be surprised to see more flights from TUI as demand will now sky rocket through the roof.

 

[CM.]

One now wonders if Jet2 will follow suit. Or bring forward the 24th June? Or just start on 24th June as normal.

If they do just stick to 24th June that gives TUI 3/4 weeks competitive advantage on Jet2 (there next biggest competitor). I wouldn't be surprised to see more flights from TUI as demand will now sky rocket through the roof.

I think they will stick to their June 24th restart, so could be where TUI gain and maybe a missed opportunity for Jet2

 

[Severn]

Thu 20 May 2021
Todays departure to FAO is operated by B787-8 (G-TUII).

BHXs other based B787-8 (G-TUIB) is departs this afternoon to LGW and is swapped with another B787-8 (G-TUID) which arrives back in BHX a few of hours later.

 

[rollo]

B789 G-TUIK due in positioning from Detroit this morning and then operating to Faroe also another Faroe shown as being operated by a 737 today.

Additionally a 788 G-TUI positioning in later from MAN after positioning up there on Friday possibly as a guess to operate one of the many charters to Porto for last nights little footy match.

That makes currently the TUI complement at BHX.

B789 1
B788 2
B752 2
B73H 4
B737 Max 1

How long it stays like who knows as there is a fair bit of shuffling around that goes on between BHX,MAN and LGW and most of the fleet is idle anyway for the obvious reason.

 

[JENNYJET]

Still, it keeps them air fit for service!!

 

[Ray Finkle]

From the TUi UK Press Office

 

[CM.]

A good response by TUI there. This systems just all over the place and this letter explains everything what many was thinking.

 

[JENNYJET]

The statement was good, for what it was, however it would have more weight if it was also signed or supported by other businesses in the travel sector instead of individual entities venting discontent.

I shall be across the broadcast media overnight to get a feel of any pertinent reaction and perhaps comment further.

I, personally, would have the Schnapps man replaced by someone competent like for example Peter Bone, a former travel business director before becoming MP. I would like Simon Calder in the job but can't abide the man. He would have to be enobled first though!

 

[Ray Finkle]

Porto Santo back for S22.

This is TUi though so it'll probably be gone again in a couple of days.

 

[Sherburnflyer92]

Porto Santo back for S22.

This is TUi though so it'll probably be gone again in a couple of days.

Jet2 2 the rescue? Rhyms