If they are pulling out of routes we fly on then that makes it more profitable for us. If we then pull out of some routes that are not good for us we save money and others gain. It’s another win win. We have gained a number of routes in the past month and looks like we will increase capacity on others. Excellent!
You never know..... so long as a deal comes along to secure a more profitable future then that can only be a good thing. The virgin brand or another big airline using Flybe as a feeder airline would make sense. Why share the profits on a yearly basis when you could Flybe for 50 or 60million and keep it all yourself! They have the management experience to take something as big as this on
Have they all finished for xmas or are they all covering brexit? Not much news from Stobart, Virgin or BA in the past week or 2....all quiet while they read the flybe books before making their next move?
I agree.....and as said only fair on the thousands of staff that they know before xmas what the plan could be for early 2019.....a takeover or profitable closer working deal with Virgin which increases the share price with no job losses would be the ideal outcome all round. We will soon find out what Virgin are thinking. Its strange that BA has not declared a formal position either way.
Is quiet today. Everyone just waiting for further bid or closer working details of the agreement with Virgin and what effect that will have on the share price....
According to the Economist A Flybe-Virgin tie-up might be the first step towards giving BA a run for its money.
If BA bought us out then Virgin would never get near it. In otherwords this is Bransons one and only chance to take BA on or they will never be anywhere near as big or as popular on UK and European regional routes.
Confirms continued interest. Either a buy out or bigger revenue for flybe so win win either way. A tie up with Virgin would mean that they would want to see us on a sound, long term profitable route to ensure the tie up is profitable for them as well. They wouldnt want to see the time and expense of a tie up for flybe to go to the wall.....cant wait for the news either way
are people just buying and selling making 5% ish a day?...keeps them busy I suppose and brokers with bigger payments for a nice xmas present...im waiting for Virgin to give me oen
who knows what will happen with the brexit nightmare tomorrow. Either way Virgin are still in and people are still flying. If you read the news we are going to run out of food and be gridlocked on the roads in the event of a no deal. All this deal or no deal - Get Noel Edmonds back on the job he cant do any worse than the current bunch of clowns.....everyone saying a no vote tomorrow is priced in which should mean if the vote goes through we increase in price. OR is that too simple....
Ironic I agree with that. With Virgin looking to make a bid or a further co-operation offer to flybe (confirmed via RNS) then its eyes peeled to see exactly what plans they have....
We made a profit for part of the year. Lower oil price. It won’t take much knowledge and leverage from a lever airline to turn this into a profit on a yearly basis. We have 8 million passengers a year and the average profit per customer is over £3 with other airlines in comparison. So that could be an average profit of £24m a year. Google EJ and RA average profit per customer
You either take your position ready for a potential offer to buy us out or you don’t. Virgin might offer us a lucrative closer tie up without buying us out. One sniff of a full year profit for 2019-2020 with further growth and these share price levels will not be seen again. The virgin tie up will give projections of revenue which I’m sure will lead to a SP increase. I’m still waiting for the virgin offer like everyone else....or BA and others to declare in....