Member Info for greendave66

Is the brexit vote. I hope something happens with Virgin before then but I suspect everyone is going on annual leave today/tomorrow until the 2nd of Jan and maybe then they will think let’s wait for the vote so we know the landscape for 2019. At least they are now talking sense saying if no deal then no problem with flying into Europe in 2019...

Until Xmas results and Brexit sorted everyone worried

Heavily sold into. Not sure if new investors making 20%....this RNS will stabilise the price for now. If any one else interested in buying please release an RNS to keep us alive and kicking. If it wasn’t for Brexit we would be motoring on this news.....

Keep posting what you find. One day soon the media will publish the outcome of Virgin looking at the books

Are a billion pound business. They know what they are doing but they couldnt make a local airline work because of the slots they were given at airports. We have slots at all major airports around the UK and they are worth tens of millions on their own....

Santa is coming for me, woodstock and others .....i have been a good boy this yr this is the proof

About to take off over 20p......

As people position thenselves for the news. Could be the best possible end to a crappy year for most in share trading

European or Virgin Red will keep flying what was once flybe planes .....rule Brittania

looks like they are putting the finishing touches to a proposal to flybe. Either way looks they have an pffer to make.

It could be tomorrow, it could be after the Jan vote? No one knows except Virgin. All we do know for certain as per the RNS is that they are interested in making a bid for the company. Now is the time to strike if they want to make a cheaper bid because once things get firmed up with Brexit the markets and shares will re bound up! Loads of ridiculously shares around but I’m fully loaded here....

Deal or no deal people will continue to fly. There are all these scare stories about paying a fiver to visit Europe for a visa. That’s half the cost of the London congestion charge. We just need to wait it out. Virgin might knock 10million off the bid price with all this Brexit business going on to take advantage. So long as the restructure is going to plan everything will work out just fine....

restructure news from the past few weeks to let us know about....or maybe it will be the big bang approach?

Interesting view on what would happen with a British Airways take over http://lineaviation.blogspot.com/2018/12/what-could-happen-if-british-airways.html?m=1

But more buys then sells which is always a good sign. Not many selling including me as wait for an update on Virgins bid or offer for closer working. Add this to my post below for a profitable 2019-2020 if we dont sell......

Fuel is 20% down on recent highs. We have bought 90% of the fuel for this year but if we save 20% next year that’s a circa £10m saving already. New Subsidy is £1.6 m a yr and increase in popular routes and cut back on others means I can really see us in a full year profit next year and I’m sure they have worked that out while looking at the books...a profitable airline from 2019-2020 for £50m seems like a joke hence why most think the bid will be higher in the £60-80m range

Flybe’s total capacity is set to drop by 4.9 percent to 14.1 million available seats in 2018
The total number of available seats on offer in November 2018 is the lowest since 2014 (due to restructure?)
The capacity cuts come as the airline continues its fleet reduction programme and ends non-profitable routes. Flybe is cutting its fleet size to an “optimum level” of 70 aircraft by early 2020
Flybe is set to retain its position as the largest provider of domestic services in the UK during 2018. (Brixit or no Brexit this is valuable)
According to OAG Schedules Analyser data, it will operate 121,361 domestic flights this year, which is more than easyJet and British Airways combined. (WOW)
However, in terms of frequency share, the airline accounts for more than half the number of flights at ten of the 33 airports. At four of those - Anglesey, Southampton, Exeter and Belfast George Best City - it accounts for more than 80 percent of all departures.
Speaking earlier this month when Flybe published its first-half financial results, chief executive Christine Ourmières-Widener said the airline was "reviewing every aspect" of its business, especially further capacity reduction, cash management and cost savings.
She added: "This is already starting to have a positive impact, as shown by the improved first half adjusted profit before tax; however, we must do more in the coming months. We remain confident in the vital role that Flybe plays in UK connectivity."
(Worth under £50 million - your having a laugh!!)

after my post - thanks! There should be some restructure news due this week if not about the bid. The clock is ticking so it wont be long until the next RNS which is not about form xxxxx

they dont want much buying and selling today......maybe lining themselves up for something?

Rail fares going up again three percent, record cancellations due to summer time table fiasco and all crammed in like sardines. Yes I agree.... planes where possible