Flybe Share Discussion Threads

[steveglobal4] 26/7/2017 08:58

Reading this, it's exactly on course and she is doing exactly what she said she would do.

I expect 80p to 110p very soon.

I'm fully invested so can't be buying anymore but will sit back and enjoy evening in profit for a change, with my avevage 33.5p with any latest
Holding

[billiam] 26/7/2017 08:47

Nice update and welcome news. Something much more positive to build on.
Bit cheeky of new CEO to claim success for this me thinks, as most of the work to achieve this will have been done prior to her joining.

[s34icknote] 26/7/2017 08:16

Bought 50 k this morning .Looks like it's gonna move higher .Steady re rate .Sicknote N a I

[toffeeman] 26/7/2017 08:08

So far but where will we be at close today as bull says we need 41

[mikepompeyfan] 26/7/2017 08:06

Market likes :-)

[mreasygoing] 26/7/2017 07:56

Fantastic stuff. Right on track.

[bulltradept] 26/7/2017 07:56

From a SMA pov anything over 41p would hint at a turnaround in the price.

[waspfactory] 26/7/2017 07:46

What's not to like.....

11.7% growth in passenger revenue to £174.0m (2016/17: £155.8m)  
3.5% growth in seat capacity to 3.4 million (2016/17: 3.2 million)
7.1% increase in passengers to 2.4 million (2016/17: 2.3 million)
2.5 ppts improvement in load factor to 72.5% (2016/17: 70.0%)
4.3% improvement in passenger yield to £71.33 (2016/17: £68.39)
7.9% increase in passenger revenue per seat to £51.73 (2016/17: £47.95)

[owenski] 26/7/2017 07:17

The numbers show an improvement so it looks like the new CEO's strategy is starting to work. Strategy makes sense too. Would have thought this puts a floor under the SP, downside has been factored in upside to play for.

[mikepompeyfan] 26/7/2017 07:15

Turnaround statement at last ?

[busthief2] 26/7/2017 07:10

Pound signs coming

[palwing13] 26/7/2017 07:02

Is that where they fly pigs?

[netcurtains] 26/7/2017 07:00

Anony Mous: No point messing around £10!

[anony mous] 26/7/2017 05:21

Fly...fly me to the moon...,,,...Well £1 will do please, come on!

[phillis] 18/7/2017 17:12

someone in the know

[toffeeman] 18/7/2017 16:10

Just got of a flight Ext to Man rammed

[owenski] 18/7/2017 15:47

Or, it could be just someone making a purchase.

[phillis] 18/7/2017 15:35

another purchase by someone who well knows what is happening operationally

[standish11] 18/7/2017 12:06

· Long-haul markets remain strong with passenger numbers to the Middle East and East Asia growing by almost 10% and more than 5% respectively. Airlines on these routes are making the most of their slots by switching to larger aircraft and increasing their load factors. Travel to regional destinations also grew, with newcomer FlyBe increasing its domestic share and flying 22,000 more passengers to Scottish destinations this month.

Above extract from Heathrow June traffic report.

[dangersimpson2] 18/7/2017 11:42

I think he was suggesting that larger airlines had recently had better share price performance than small ones. Even if that is universally true then correlation doesn't imply causality. To make a proper argument you have to show that there are network effects in either revenue or cost and that these are significant in comparison to the variability of other factors that define profitability.

[toffeeman] 18/7/2017 11:41

If you look at the share price charts of EZJ RYA and IAG they all go up with time. FLYB is the opposite.

Those three all have enormous economies of scale in every element of their businesses.

Size indeed matters

[sandoval] 18/7/2017 11:35

Flybe actually traded at break even as part of the £20 mill loss was attributed to £6 mill IT upgrade and £13 mill USD revaluation loss so going forward with reduced fixed & variable cost from less planes and more owned than leased ,if they just stand still they are back into profit hopefully. That's plan A anyway.

[guernseymoney] 18/7/2017 11:04

I think Toffeeman was saying (sardonically perhaps) that the inverse is the case, i.e. the more Flybe expanded, and hoped to benefit from economies of scale, the worse off its bottom line actually became (hence the sell off in its SP).