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If the directors and board had faith in the business you would have been sizeable purchase but NO very little and NO it’s not a closed period.
27 separate trades today so nothing new in that most people Flybe is well off the radar.
Couldn’t agree more the long suffering investors could do with a little bit of positive news for it not to be followed my a bigger negative. It’s still a very strong sell for me give the uncertainty ahead.
Flybe delays its AGM from July to September
Not at all, it’s important to share news both positive and negative like yourself I was pleased it resulted In no casualties. Your Losses have clearly make you aggressive.
Perhaps you should contact all journalists Also who published news live.
94p to 30p
I’ve taken so much abouae for over two years I am now in a position I can say told you so.
flymaybe is and always will be a NON profit business YES the company provides a valuable service to businesses BUT it CANNOT make money and it doesn't matter how many strategies or turnaround plans have been delivered they have all FAILED. the latest CEO COW is the weakest CEO the company have had, two profit warnings, lack of control over costs, lack of management so increased management costs, then her lack of presence and negativity towards her business. Her salary, relocation and shares awarded equal millions.
Like i have said previously given the present CEO has been with the business for over �18 months and taken millions in bonus, relocation and salary what exactly has she delivered that wasn't already in place. Lets face it two profit warnings followed by her saying the challenges continue isn't exactly filling investors with much hope for the future.
like i have said previously given the present CDEO has been with the business for over �18 months and taken millions in bonus, relocation and salary what exactly has she delivered that wasn't already in place. Lets face it two profit warnings followed by her saying the challenges continue isn't exactly filling investors with much hope for the future.
Looks like the CEO agrees with me also
Flybe Announces Future Fleet Plans After a comprehensive review of regional aircraft options, Flybe Group plc ("Flybe"), Europe's largest regional airline, has concluded that the Bombardier Q400 is the best core aircraft for its current and future needs. It will therefore remain as the backbone of the Flybe fleet for the foreseeable future. The Q400 is faster than the alternative turboprops, with a performance close to jet aircraft over the relatively short sectors that Flybe operates. In addition, with excellent operating economics including turboprop fuel efficiency, it is cheaper to operate than similar-sized jet aircraft, and has a much smaller noise footprint. Flybe will however continue to operate a number of Embraer E175 jets for longer or busier routes. Flybe's stated strategy is to reduce its overall fleet and to concentrate on profitable routes only. In the past twelve months, Flybe handed back six older end-of-lease Q400s. With a further planned handback of all nine Embraer 195 jets, the overall fleet is well on the way to reducing in size from 85 at its peak in May 2017, to a target of around 70 aircraft by early 2020. Flybe's Q400 fleet remains a relatively young one, with an average age of just over 10 years. The airline has accordingly concluded that it will retain its remaining Q400 aircraft and, where economic, extend their service lives. This will save considerable capital expenditure over the next few years, by avoiding the requirement to acquire new aircraft. Flybe still has a heritage order for four Embraer E175s due in 2019. These will be delivered with new 'winglet technology' to help reduce fuel consumption. Apart from these, Flybe is not planning any additional new aircraft orders for the foreseeable future. Flybe CEO, Christine Ourmières- Widener said: "Flybe's strategy is to reduce the fleet size to an optimum level and make the business demand-driven rather than capacity-led. Our fleet configuration is an important part of that strategy. We examined exhaustively all the options and concluded the Bombardier Q400 is the best core aircraft for us. Its superior economy, speed and quietness is ideal for a regional airline such as ourselves. Together with a number of Embraer E175s, our future fleet will be the optimum required for our specific regional route network." Fred Cromer, President, Bombardier Commercial Aircraft added: "We are delighted that Flybe, our long-term customer and largest Q400 operator, remains committed to the Q400 as its preferred turboprop. With its jet-like performance, industry-leading reliability and unbeatable economics, we are glad that the Q400 turboprop will continue to support Flybe as the airline further imposes itself as one of Europe's leading regional providers." John Slattery, President & CEO of Embraer Commercial Aviation commented: "Flybe's commitment to the E175 as its regional jet of choice is a great endors
If the.BOD and senior management team believe In Flybe and it’s strategic plan why are they not purchasing shares at levels some suggest are a bargain.
I would love to be proven wrong trust me I just don’t see things improving remember this is the third turnaround in less than six years and all have failed to deliver any benefits for its long suffering investors.
You can’t compare totally different type of aircraft. Flybe need to update the ageing fleet. Clearly COW didn’t stick to her plan.
He would have signed an NDA
You really don’t have a clue. Flybe own a large number of the ageing fleet and it needs replacing with average age over 9 years. You would have seen the hedging position at last set of disappointing results and Brexit has the potential of creating serious problems for Flybe and others.
We will see how your projections go. My view is Flybe face some strong headwind with fuel pricing on the up exchange rates detrimental to the business and no conclusion on Brexit and freedom of movement all add up to more of the same. The business also needs to look at the plane configuration and replacement strategy this was supposed to be published back end of 2017.