Unfortunately flybe are tied into higher oil prices for a while yet so low oil prices are not really a benefit at this time. They are tied in to some extent until 2017. The shares are still worth a punt imo. In 6 months I am hopeful they will return to their pre crash prices.
Im just thinking about the low oil price at the moment, their profits must have doubled! buying shares now
Up up and away
This share is only going one way Govt grant allows flybe to take risk at Cardiff Oil prices lower, flybe will contract for the future at a lower rate, but oil will rise and consumer will accept fare prices at current rates
Nice bounce from here
Don't worry the Embrears will soon be history and 20 turboprops on their way soon to be used on profitable routes......this could be your last chance to get aboard on the cheap.
Hawkwing, it seemed to me Flybe started to turn for the worst when they took the Embraers. When they were just operating the Dash 8s, they were doing just fine. What bothers me is that they had no work for the E195s hence parking them up, and now it's a case of flying them on any old loss making route just to save on the parking charges. It's no way to run an airline! I think they have some more DHC8NGs on order; if they can bin the E-jets and concentrate on flying good solid routes from MAN, BHX, SOU and EXT then I might feel more comfortable about their future. As yet I've not taken a position either long or short. Gut feel is that I could make a bit on a long position over the next few months, but no way would I plan to invest here as a 5 year money-parking exercise. Not yet at least!
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