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If I recall correctly the engine was on an Icelandair 757?
Its just never going to happen.
I lways loved how Boeing failed to build a supersonic rival to Concorde so founded an eco protest group about the noise Concorde made. Years later it came back to bite them.
I can confirm the engines are sold then the care package is added.
After the T1000 debacle Tufan has decided that the care package was underpriced and margins need to increase.
Tufan has also decided that RR are carrying too much stock and is cutting back which should lead to an instant cashflow positive straight to the bottom line. UBS have made the right call. I believe we are about to jump to 250p
We havn't got there yet but I'm sure we shall
Don't forget THY is about to order 8 A350's.
QANTAS currently have GE powered 787's. SO I doubt they will order RR for the new 787's. The 350's though wil definitely be RR.
I think i read it in the latest figures?
Papa
Sadly the loan agreement with the banks is that the loan has to be paid off or at least bought down to an agreed level before any dividend is paid out.
Is THY about to order 8 Trent XWB's?
Far too much risk for 10%. construction might be small margins but this is nuclear and RR margins are a lot higher.
Https://www.telegraph.co.uk/business/2023/08/20/add-on-baggage-cancellation-fees-boost-ryanairs-revenue/
Airline baggage and add-on fees boost Ryanair’s revenue by £18bn
Passengers face ‘eye watering’ charges to book seats and stow bags
By Luke Barr 20 August 2023 • 2:02pm
Ryanair has raked in £18bn from add-on fees over the past decade, as passengers face “eye watering” charges to book seats and stow bags.
Analysis by The Telegraph has found so-called “ancillary revenues” have ballooned at the no-frills airline, up from €1.06bn (£910m) in 2013 to €3.84bn this year.
The figures have emerged amid heightened scrutiny of Ryanair’s low-cost business model after an elderly couple was recently charged £110 for checking in for the wrong flight.
Ruth Jaffe, a retired GP, and her husband Peter lodged a formal complaint after they had to pay airport check-in fees for mistakenly downloading return tickets instead of the outgoing version.
Ryanair has long boosted its balance sheet by charging customers for “optional” services, such as speedy boarding, on-board food and drink or seats next to each other.
However, these add-on fees have shot up in recent years, with Ryanair’s average ancillary revenue per booked passenger rising 70pc since 2013, now hitting €22.80.
This increase has coincided with flight tickets also rising, as airlines look to regain ground post-pandemic and pass through increased fuel costs.
Rival budget airlines, such as easyJet and WizzAir, have also prioritised charging customers more for add-ons in recent years.
Over the past six years, easyJet’s ancillary revenue per passenger has risen 78pc from £11.38 to £20.22.
As a share of total revenue, add-ons now account for almost a third of the company’s turnover – up from a fifth in 2017.
Despite this week’s controversy, Ryanair defended its policy to charge the couple, saying: “We regret that these passengers ignored their email reminder and failed to check in online.”
The resolute response was perhaps unsurprising given previous comments made by Ryanair chief executive Michael O’Leary, who once said: “You’re not getting a refund so f--- off. We don’t want to hear your sob stories. What part of ‘no refund’ don’t you understand?”
Back in 2017, the budget airline was accused of deliberately splitting up families who refused to pay extra for their seats. Ryanair denied this was the case.
Rory Boland, editor of Which? Travel, said: “Like many budget carriers, over the years Ryanair has mastered the art of extracting as much money as possible from passengers, adding on eye-watering fees for everything from a decent sized bag to sitting next to your kids.
“Take the time to consider what added extras you think you’ll want for your trip and do some quick sums to compare the options on offer – you may find that it’s cheaper to travel with an airline that includes things like hol
At least one BA 747 survives at Kemble.
Stile
It is complex. I remember being in Saudi during the Gulf war in 1991. We were given tablets developed at Porton Downwhich woukld protect against a gas attack. most did not take them the army did though. Afterwards there was an affliction called Gulf war syndrome. Most linked it to the tablets.I have no issue if people dont want the jab. It has caused injuries mostly covered up. If people want the jab then its up to them. Meanwhie I shall just avoid Edinburgh.
most contracts aim for about 40%. ideally 100% is good but my feeling is we will have too much competition and its very important to get the deal done because we can get the export market too. first mover has the advantage. rr will have to take a smaller margin on the uk market and costs might also be an unknown unknown. already the case on hs2. look at bab**** who are building frigates supposed to cost £150m each but the first one has so far cost £250m its tricky gauging the margin but 40% seems to be about right especially when looking at the annual figures.
We now know that the lockdown didnt work. Sweden had the best response.
Currently the price is £2bn each. so about £800m profit on each one.
SO far we have seen indication for 8 SMR's in the UK. there are more out there but we can't guess ajust now.
Total profit £6.4BnI shall round it down for tax etc to £5bn Current MKT CAP £17Bn at 201p.
So value to RR about a third of the MKT CAP meaning the SP value would be about 65-70p a share give or take
Okay we have had results which show a good progression and the SP should be higher than t is just now by about 30p.
The next boost to the SP should be engine orders. We know that THY are possibly going to order 8 Trent XWB engines but other airlines are needing to replace fleets and grow. So I expect a few more orders in the next couple of months. Then the next big airshow will be in Dubai in mid November. Its going to be an interesting few months and the SP will jump with every order.
It depends upon where you are going to? Beach holiday? Easily fits into a small backpack. Rohan do great clothing which is light and can be washed and overnight dried. I usually buy a t shirt or two when away or I might take old clothing wear it and throw away. I have lasted 2 weeks with a backpack which can fit under seats and have my laptop or ipad too. Anothey ti is dont ever travel with a large lady, Their clothes are masssive and wii not fit in the backpack.
PW were once the leader in large engines and there has been talk of them re-entering the market. PW though whether it can do so is questionable.
Debts which have been written off by RR are being repaid by customers. Thats a cash win.