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BigLNT - how’s the Max issue going at TUI at the moment? Boeing fixed that yet? Hmmmm.... take your deramping and bugger off
Omg skillhill you are talking out of your backside, caters to the lower end bucket and spade! Come on... Jet2 make their money very cleverly from the packages they sell, fact. They cater to all areas of the market, and yes, to Benidorm goers as well, I think to pigeonhole one particular place just exposes you as being a bit of a wannabe toff! They know what to do to keep people coming back year on year and that’s why people love the product. If it ain’t broke, don’t fix it. They focus largely on the holiday side and seat only sales are not part of the model to make oodles of cash, they are seen as more of a bonus. Jet2.com does not need to sell seats to make money, they need to sell holidays. Trust me! TUI have hotels and cruise ships yes, what does that equal - more exposure in what is an extremely volatile market at present. Norwegian cruise lines have had to seek a $2bn stimulus package, Royal Caribbean are on their knees, and you think the horrendous god awful cruise ships that TUI have are going to save their bacon?! Yeah, granted TUI aren’t going anywhere yes, but they are the ones needing to cut their costs at the moment and re-invent themselves, I don’t see Jet2 needing to do that, do you? Do not compare them to TCX, that is like comparing Apples and Pears my friend. TUI, if needs be will also dump the UK arm of their business if necessary. When they need to cutback, it’s the UK that suffers. That’s what you will get from German company.
themuir01 - I tried filtering him but got called a loser! Ya can’t win ??
I didn’t predict the 16th of June, I knew the 16th’ish of June - you just don’t get it do you? I’m trying to help people here, not hinder your investments. Yes the company has said they are “planning” on restarting from mid-june, but do I think that will happen.....the jury is out. Ultimately, it doesn’t matter who I work for, Jet2, TUI, Virgin BA, Air Tanker, etc I am already sick of sitting on my arse and wan’t to get back to taking people on their holidays. I am not going to “make stuff up”. I’ve said it to you before Manchego, if all you’re going to do is pick apart everything I say, then go away. Life is depressing enough without fun sponges like you looking to start a fight.
Interesting article there. A little longer than we all hoped I think but I could see this happening. If this was the worst case Jet2 would be well placed for a recovery at this point. I can foresee a busier than normal winter season to try and recoup some lost business from the summer, assuming the demand is there of course. Hopefully Turkey comes back online prior to this point. I read yesterday that Crete has no cases of the virus, but is currently only open to Greek nationals, so the islands may be back sooner as well. I wonder If any new markets are being explored at the moment.... Sharm etc.... don’t know how bad the virus is over there.
Interesting article there. A little longer than we all hoped I think but I could see this happening. If this was the worst case Jet2 would be well placed for a recovery at this point. I can foresee a busier than normal winter season to try and recoup some lost business from the summer, assuming the demand is there of course. Hopefully Turkey comes back online prior to this point. I read yesterday that Crete has no cases of the virus, but is currently only open to Greek nationals, so the islands may be back sooner as well. I wonder If any new markets are being explored at the moment.... Sharm etc.... don’t know how bad the virus is over there.
Manchego - filtered for your lack of anything nice to say.
I know price rises would be seen as profiteering, we just know how the algorithms work for stuff like this. The same thing was seem after the demise of Monarch and latterly TCX. Not saying I agree with it, but its a fact of economics. I hope the opposite happens and prices are kept low to help kickstart people going way. If it’s just the Canaries open for example, you will have every travel company in Europe fighting for a limited supply of hotels rooms.
James2k66, canaries and turkey are the key to future success here, most money to be made on these routes imo, just like any year, but especially now. Just like any island destination, as long as the threat to a second outbreak is minimised the opportunity will be there. Supply and demand dictates as well that prices in these regions will rise significantly if they are the few holiday destinations open to the British and Europe in general.
Testing in the industry would be a big task but not insurmountable. Something will need to be done. Government already has suggested wristbands for people who have recovered from the virus.
Couldn’t agree more. BTW, assume you are in the industry as well given your ask re base?
A lot of things involving any shares at the moment is pure speculation. The virus will be massive for the industry and those of us that work in it. I have never said it’s going to disappear at the drop of a hat, although I wish it would, just like many of us.
Public confidence in air travel is going to be hit yes, would I get on a flight and go abroad.... probably not straight after this has started calming down, that’s for sure. However, this will all depend what is going on in the background to ensure that the flying public are kept safe, i.e. no use of middle seats, maybe running aircraft at reduced capacity could be a potential, or even testing prior to flights (maybe a little bit too far fetched that on, but who knows). Unfortunately, no matter how connected any of us are, one thing we can only guess on is what exit strategy the government have for getting things back to a “new normal”.
It’s not the fact that flights are not “allowed” to commence before June 16th. There us nothing legal stopping them flying now if they wanted to, it would be completely pointless and throwing money down the drain, but they could do it. It is a massive undertaking to get everybody back in the air though, it’s not like just getting in your car, starting it up and going. There is probably a months worth of work to do between scheduling, currency for crews etc so anything before this is unlikely for reason of this, plus the company won’t want to give an over enthused estimate to the public and keep putting it back further and further. I still personally believe this is the very earliest they will start ops again, and even so, ops normal will take somewhat longer.
Walts, you may be right. But flying on 1st of May will almost certainly 99.9% not be happening.
You’re “warm” that’s all i’ll say on it. Lol
Dusterinmong - all points taken, thank you, I completely agree.
Riddler - I don’t have a premium subscription i’m afraid so unable to respond.
Flights definitely not resuming until on or affter June 16th, likely Turkey, Canaries amongst the first in my opinion. Madeira is another strong foothold for Jet2 so would imagine that will be re-started asap. Mainland Europe will take significantly longer.
Conversion rate to new bookings is in excess of 50% at present as well, so good news going forward.
Rude, me? Coming from the one who referred to me as a fantasist and a blatant liar? Come on... so lets here your credentials then because you clearly either work for DTG or are maybe some sort of super duper travel expert? The conversation with Monty was nice and civil and quite enjoyable, you turn up and turn everything sour because you don’t believe me. Like I said, take your pick whether you do or not, don’t deramp and call me out as a liar and then basically tell everyone to not believe me. You’re just an opinionated ignoramus. People will make their own opinions up on you as well.
To everyone else, i’m geneuinely not trying to hoodwink anyone. Facts are facts, i know what they are, like I’ve said to this piece of festering Spanish cheese, believe me or not, I care not. The future will tell!
Fifteen years experience in the airline industry and I don’t have a clue. Go boil your head. I don’t have anything to prove to you. I’ve got a job to protect as well for gods sake you muppet. Take a Bloody hint. because you can’t handle the truth, don’t make out i’m a fantasist or some sort of liar. Where’s your proof that i’m wrong? Your tiny wannabe mind?
Where I get my information from is no concern to you. I could not divulge that because I am not allowed to. However, i really do not care what you think or whether you believe me or not, it makes no odds whatsoever in my life but could end up making a lot of difference in yours. I’m pointing out the facts out, that’s it.
Also customers here are very loyal to the brand, the product speaks for itself vs others. Agree the conversion rate to moving bookings may one year in the future vs refunds will likely be less than half but it will be much higher than any other tour operator.
Jet2 actually pay for all their hotel rooms in cash, prior to the season. So all hotel’s etc are covered long before they are actually sold to the public. This is how they negotiate some of the best rates with suppliers, but also why it means the time for refunds can be lengthy.
At the moment the plan is evolving, flying supposed to recommence from May 1st, we all know thats not going to happen though, granted. In thats same breath, Jet2 will not refund holidays currently scheduled for after May 1st. Only up to that date. And then it will be on a rolling plan going forward. Yes they will have to refund, but a lot of jet2 customers also opt to pay in instalments, the final payment not due until before the holiday. Very few people these days are able to front £4-5k upfront for a holiday.