Flybe Share Discussion Threads

[dangersimpson2] 18/7/2017 10:44

If they are that clear feel free to name and quantify some of them :-)

[toffeeman] 18/7/2017 08:47

The answer to your question about economies of scale in the airline industry is shown in the header charts - rather clearly!

[dangersimpson2] 17/7/2017 22:05

But what economies of scale do airlines have? - some IT costs like running the website, maybe a bit of servicing, marketing, a few airport incentives. However in reality being part of a larger group will make little difference since the network effects are pretty limited compared to all the other factors.

What will make Flybe profitable is there being enough mature Q400-suitable routes that have no air competitors. It's clear that some capacity reduction by giving back some leased planes as they come off lease will help but so will time. You simply can't start to fly a route That has no other air competition and expect profitability from day one. What Hammad did was commit to EBITDAR positive routes from day one which means that once you have the plane you are better off flying than grounding it. The problem was in his rush to build the company he built capacity too quickly in a market that subsequently weakened. All things being equal we will see load factor starting to increase in the next year or so just from the existing routes maturing and the capacity growth ending. That leased planes are being handed back with further enhance this assuming that the most unprofitable routes with the least potential are the ones to be culled.

[mreasygoing] 17/7/2017 20:45

Code shares with other airlines at Heathrow should be announced shortly. I agree that the fleet reductions will make a huge difference to the bottom line.

[sandoval] 17/7/2017 20:41

The way to make Flybe profitable is reduce capacity which they finally can do. I don't like the way the company is starting to compete with others but will give new management benefit of the doubt on that front. I have a large holding and wouldn't consider selling under 100p unless forced....we all have dreams.

[toffeeman] 17/7/2017 18:23

I disagree - the only way of making FLYB profitable is to be part of a much larger airline and they cannot acquire so must be acquired. That was the reason for me purchasing my smallholding.

If you are a long term investor from before 2015, I doubt you will ever see a positive return - but from 34p - I just might

[dangersimpson2] 17/7/2017 17:05

Would be very disappointed if the new CEO sold out so soon. Even a decent takeover premium would mean selling out at historic lows. They've done the hard lifting getting the fleet size sorted and by focusing on their core competitive advantage which is flying Q400's on routes where there is little or no competition since they are too short to profitably run jets. The additional capacity added by the previous CEO (too aggressively it turned out as the market weakened hence why he got the chop) should now be starting to mature (it takes time for people to get used to routes being available and booking those instead of taking the train/driving.) The time to sell is when everything is firing on all cylinders and everybody loves the company not now!

[guernseymoney] 16/7/2017 13:00

Great article, thank you for posting.

[jerseyman1] 11/7/2017 15:30

EZY is three flights a week for 13 weeks

[rolo7] 11/7/2017 13:42

Ezj flying out of southampton to Geneva this winter possibly flybe reducing winter flights there?

[toffeeman] 11/7/2017 12:29

Hmmmm Birmingham to Hamburg - a case of the Wellington Boot Problem??

I paid 34.4 so feeling a tad dispirited but glad I wasn't tempted before - but I could still loose the lot if she goes under ):

[sandoval] 11/7/2017 12:12

I see they just started Birmingham to Hamburg with no competition on direct flights.

[guernseymoney] 11/7/2017 12:05

@steveglobal - I like the thought of that! Fingers crossed. I'd be keen to know how their recent investors roadshow went - not much on the web about it.

[steveglobal4] 11/7/2017 11:04

its flushing the weak, before its next leg up i think

[guernseymoney] 10/7/2017 17:36

Weak day today, any ideas why?

[guernseymoney] 04/7/2017 09:54

I think (hope) that there will be some positive outcomes from the CEO's strategy in the next 12-18 months, the share price will re-rate and perhaps see some interest from private equity groups, or maybe even an activist fund.

They've had so much bad news since IPO, surely a turnaround story is on the cards, which I believe can be done.

My short term (12-18 months) TP is 50p.

All IMHO.

Have they got themselves a new FD yet?

[netcurtains] 04/7/2017 09:22

LOL - Flybe is currently priced not that much higher than FASTJET FJET....Insane!! Cheap as chips.

[guernseymoney] 28/6/2017 14:11

If anyone's interested, I emailed the Flybe investor relations a few days ago with some feedback (various things ranging from inability to check in online returning from some European destinations to a few bugs on their website) and got a very detailed and thoughtful response within 2 days - prob best Inv. Relations comms I've had in a while.

[guernseymoney] 23/6/2017 14:28

Just added. A no-brainer at these prices (famous last words?).

Use the airline a lot, always liked flying with them.

New website is excellent.

[billiam] 23/6/2017 09:28

New Radio advert in our area

[netcurtains] 23/6/2017 06:55

steve: I Think you have to assume "scemer" works for "millennium" and is giving you insider info as there is no where that gives info about this (unless they have over 3% of the capital of the company).

[steveglobal4] 23/6/2017 00:12

Where do you get short info please