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Fly be used to be in the FTSE AllShare Index, but now aren't. There are four shares currently in that index with smaller market caps than Flybe, so as I presume they still satisfy the liquidity criteria then Flybe should be reinstated at the next review, which I guess is December Should see an uptick due institutional purchases then
Didn't I read before if the shares trade mid 40's the institutions have to buy for tracker funds?
Referring to yesterday`s posts relating to Flybe Customer Service perhaps I can relate what happened to my wife about 5 years ago when flying from Faro to Exeter. Over the Pyrenees the plane lost its hydraulic fluid and had to make an emergency landing at Bordeaux at 22.00 hours. The airport was closed but reopened and Flybe found all passengers hotels by 2 am and flew them home the next day. The very next day a voucher arrived in the post for �100 with apologies for the inconvenience. On this occasion Flybe displayed a very high level of customer service which was greatly to their credit. People often complain but they rarely praise.
When you see a trade 10x NMS achieve over the bid price, the market makers are def short of stock. Another very positive day of trading and great to see. Think a breakout is on the cards...and it ain't towards 'the 20s'. Investors are looking forward with the current trading situation in mind and not backward to what happened over last 2-3 years. Nice return and now well ahead Good luck all, keep the faith with his one.
It seems its set for a breakout
On the verge of breakout at 44. A lot of positives from the technical analysis. http://uk.stoxline.com/q_uk.php?s=flyb
So not a surprise to find I had a similar experience with Easyjet in 2008 regarding baggage damage. They claimed it wasn't their fault, made up a good few excuses as to why they couldn't pay etc...so I simply lodged a claim through the small claims court. Within a month a had a date for a hearing...a solicitor's letter from them offering a settlement amount...roughly 75%...I declined. Two days later their solicitor called me and asked what I needed to settle, so I quoted full value of case, plus court fee, plus a bit extra for my hassle...they paid the lot! Add on the solicitor's fee and you reach a stupid amount...why do these firms not simply do the decent thing and pay up? I would save them money and give them a chance of retaining a customer. I still fly EZY now, but avoided them for ages after hat episode.
re-flection, not surprised, most planes can only cope with 30-35 knots of crosswind, suspect it's substantially higher in BHD. No gloating, but lovely afternoon in Jersey following a very dark morning with orange light through the cloud. No increased wind to speak of.. Would have thought an ex hurricane hitting BHD would qualify for unforeseen circumstances and exclude Flybe from EU261 compensation. Having said that my experience in claiming EU261 from Flybe has been the best of the airlines, as a consumer, no quibbles and money paid in 14 days, but in each case the circumstances were unarguable. EasyJet on the other hand are an absolute nightmare to get EU261 out of, they make up excuses and lie to get out of paying. In the end on one occasion I used one of the "ambulance chaser" law firms to take over the claim and got 70% of what I was due with them taking the rest. But I wasn't gong to let EasyJet get away with their dubious tactics Flybe customer services are pleasant and efficient, easyJet aren't! I guess that as Flybe have such a superior punctuality record to easyJet they can afford to try to treat customers claiming their rightful compensation properly rather than the spivy way EasyJet do it.
All Flybe flights into and out of BHD cancelled today owing to hurricane Ophelia...and I assure you it's blowing hard! I assume no compensation payments will be due owing to the unforeseen weather impact...or have I not got that right?
What do you think caused the share price rise over the last couple of weeks Sam?
Very clever claretjay I don’t think of that one haha we will have to see the direction of Sp in coming weeks
Of course we're heading into the 20's, I can't believe people don't believe what Sam has been saying all along. Just over two years hey Samuel and we'll be there in the 20'20's. As for the share price I'm expecting a good rise.
Accusing someone else of 'absuse' and having 'a clear agenda'...words fail me...as they seem to you...clearly. Anyway, I'm well ahead now and comfortable that this share price isn't heading 'to the 20s'...but I guess nobody here ever said that either.
�This growth was driven by the introduction of Flybe�s international scheduled routes to popular destinations Alicante and Malaga, and the new domestic connection to Exeter. http://www.edp24.co.uk/business/norwich-airport-owner-posts-record-results-as-passenger-numbers-top-520-000-1-5209894
Not sure what is driving the rise re-flection. Motley Fool won't have harmed it, and looks like the persistent seller has stopped for a while and the cautious buyer is back. Your point re operational gearing is very relevant, this is essentially a fixed cost business so when factors holding back performance are removed, such as excess aircraft, or new ones introduced, such as better yields, the effect goes straight to the bottom line. Before we get carried away, both easyJet and IAG have seen strong share moves recently....!
A few weeks back there was a deal of doom and gloom about Flybe and the sp predictions were down yet here we are above 40p once again with Monarch gone and Ryanair struggling with crew shortages. While Flybe is not perfect the company and its staff have held things together and deserve support from shareholders for that. So much for my optimism, what might drive the company forward possibly a bid or further industry consolidation?
Definitely more interest building. The recent article in the Motley Fool will no doubt have helped...you'd be surprised how many private client stockbrokers read that feed. Certainly doesn't look like heading for the 20s that's for sure. Market update only about 4 weeks away now, so plenty of time for investors to keep 'buying the rumour'...however, in this case, I think there could be a strongly positive message given. Fleet reducing in size, associated costs too. GBP regaining ground v USD, helpful for future hedging. Pilots & cabin crew retention much less of an issue post Monarch & RYA. Operational gearing beginning to work in our favour. LHR routes building a strong following from Scotland. All in all, a definitely positive outlook.
Flybe eyes Ryanair cancellations to push its flights https://uk.finance.yahoo.com/news/flybe-eyes-ryanair-cancellations-push-153122641.html
Almost exclusively buys today, but no movement ahead in SP. Wonder if another seller has handed a tranche to execute to a market maker? It would appear threy have plenty to sell to satisfy the new investors. SH or de Klerk getting rid of more maybe?
Ian's remuneration includes an annual basic salary of �250,000 and a car allowance of �10,000. His annual bonus entitlement is up to 100% of salary and he will be entitled to participate in the Flybe Performance Share Plan. He will also receive a pension contribution of 10% of salary, a saving of �40,000 on PDK's salary I still think its too much for this role but lets give him a chance to prove his worth.
Morning Kenny All Monarch fleet is leased, so agreed there's not much in it other than negotiating with lessors, who hopefully are going to take a bath, carrion that they are! I agree that there is real value in the Monarch Engineering business. Flybe have quite a bit of their line maintenance at the larger bases done with them, and obviously have a successful MRO facility in Exeter plus the A400 contract, so a tenuous link could be made for Flybe to have a go at buying it. Personally I think it will go to someone like SR Technic, and would caution against Flybe going for it as the maintenance of big jets is very different to regional aircraft that Flybe specialise in. It's not just a case of doing the same on bigger aircraft, the risk of getting it wrong and having maintenance overruns with aircraft that are so much larger and sophisticated is substantial.
The best assets Monarch have are the 4 A321s fitted with winglets which are only about 4 years old and the 1 X 737-800. With the end of the northern hemisphere summer season it's hard to see a market for the older A320 & A321s. The prize for someone is the profitable engineering arm with its big hangers at Luton and Manchester and forward contracts with other airlines.
Sound enough appointment. Well grounded in industry, hopefully he can acclimatise to differences between BA and Flybe in terms of scale, attitude and need to have massive cost focus. Sensible to have him as interim for six weeks prior to,appointment Market seems to like it, probably imputing the appointment as being Milne liking what he sees.
Chief Finance officer permanent appointment announced
Not sure what value this has to flybe https://www.aviationwales.com/flybe-german-codeshare-ends-air-berlin/