Flybe Share Discussion Threads

[curtain twitcher] 28/9/2017 16:42

28th September 2017

SKY HIGH Left stranded by Ryanair? Here’s the new way to fly from Scotland to London this winter

Flybe has revealed it will be operating daily flights from London Southend for just £29.99 from October 29 as Ryanair are forced to ground a swathe of aircraft
By Matt Coyle

FLYBE has announced new daily flights from London to Glasgow that could save Scots Ryanair passengers.

The airline has revealed it will be operating daily flights from London Southend for just £29.99 from October 29 as Ryanair are forced to ground a swathe of aircraft.

The capital airport is launching up to 16 direct flights a week between the two cities with a new fleet of Flybe jet aircraft avoiding the bigger, more congested airports.

It comes as Ryanair cuts an extra 18,000 flights in a move that will hit 400,000 customers, with 34 routes suspended between November and March 2018.
Among them are several popular routes used by travellers from Scotland.

All flights will be cancelled from London Stansted to Edinburgh and Glasgow, Edinburgh to Szczecin, Glasgow to Las Palmas and Hamburg to Edinburgh.

The announcement will come as a welcome relief to many Scots hit by the Ryanair London cancellations.

Glyn Jones, CEO of Stobart Aviation, owner of London Southend Airport said: “we are delighted to start flying these routes and to be offering these daily flights.

“With London airport capacity feeling significant strain we offer a genuinely better alternative as we are a faster and easier airport; which is particularly suited to offer domestic connectivity where time is of the essence for passengers.”

The airport includes a rail station five minutes from the terminal which also connects to London in 45 minutes.

[bcfcruleok] 28/9/2017 11:22

Just added another 9K plus.......

[samdb] 28/9/2017 08:48

The market will only wake up to the recent good news once this has already started moving. Happens time after time - no one buying now but once it jumps 10% they'll be all over it.

[che7win] 28/9/2017 08:42

I'm surprised these haven't responded more to the Ryanair disruption, now that their cutting internal UK flights between London and Glasgow/Belfast.

True, easyjet does identical flights, but Flyb should definitely benefit with their offering between George Best Belfast and London. Should at minimum increase seat occupancy levels IMHO

[toffeeman] 28/9/2017 07:46

Here you go Dahhad

hXXps://www.youtube.com/watch?v=Wifcyo64n-w

[dahhad] 27/9/2017 23:05

Sorry to show literacy ignorance but was Godot worth waiting for?

[dahhad] 27/9/2017 23:04

Sorry to show my literary ignorance but

[sandoval] 27/9/2017 21:49

I think Samuel Beckett was a flybe share holder when he wrote "waiting for godot".

[curtain twitcher] 27/9/2017 20:36

27 Sept 2017

Ryanair cancels Scottish flights to London Stansted over the winter

Ryanair has announced that it is cancelling its flights from Edinburgh and Glasgow to London Stansted over the winter.
The move will mean the airline grounding 18 Stansted flights per week from Glasgow and 26 per week from Edinburgh between November and March.
They are among more than 30 routes which are being halted by Ryanair.
They include Glasgow to Las Palmas, as well as Edinburgh routes to Hamburg and the Polish city of Szczecin.

The move to cancel flights came after the company admitted "messing up" pilot holiday rosters.

Ryanair: the 34 routes being suspended
The airline plans to cancel a total of 18,000 flights over the winter season, affecting the travel plans of about 400,000 passengers.
It will fly 25 fewer planes to cut the risk of further flight cancellations.
Earlier this month the Irish airline cancelled up to 50 flights a day through to the end of October.

A spokesman for Glasgow Airport said the suspension of Ryanair's winter routes to Stansted and Las Palmas was "clearly disappointing", but it added that the airport expected the services to resume in March.
He said: "London remains our best-served destination and passengers can choose from a total of 30 daily flights to Stansted, Heathrow, London City, Gatwick and Luton airports.

___________________________________________________________________________________

"In addition, Flybe will launch a new London Southend Airport service on Sunday, 29 October, which will operate eight flights each week. This will take the total number of services operated between Glasgow Airport and London to 32 per day.
___________________________________________________________________________________

"The Las Palmas route is also served by three other airline partners."
Ryanair has said that those passengers affected by the suspension of routes will be offered alternative flights or full refunds.
Ryanair boss Michael O'Leary said in a statement: "We sincerely apologise to those customers who have been affected by last week's flight cancellations, or these sensible schedule changes announced today.

"From today, there will be no more rostering-related flight cancellations this winter or in summer 2018."

'Huge inconvenience'
However, travellers have reacted with anger and disappointment at the decision to cancel winter routes.
Sophie Lockley, from New Forest, said she was due to fly to Glasgow from Stansted at the end of October.

"It's a huge inconvenience really as my best friend lives in Scotland and we were meeting in London and then flying up to Glasgow to spend some time with her family," she said.
"She has a brain tumour and doesn't do well with stress, so this is the last thing she needs."

Ms Lockley said she had managed to rebook her flights with one of Ryanair's competitors, but had incurred an extra cost in the process.

[owenski] 27/9/2017 17:43

Flybe isn't a basket case, gotta be worth more than current valuation at 77M, and that's including cash position.

[mreasygoing] 27/9/2017 17:41

Pre results trading statement due very soon I reckon. Taking it down just to take it up on the statement. Clearly being held while a seller clears.

[dahhad] 27/9/2017 17:20

What a depressing share to own and just to think I bought it 3 or 4 (or more) times as it descended to its current level! Every time I think it is bound to recover from its current level, it goes lower!! Maybe if I started thinking it's going to go below 30p, it might move up! If the next set of figures doesn't have some good news, I fear we are heading further down! Here's hoping for a change of direction!

[mreasygoing] 27/9/2017 16:55

More games being played with the share price. The mm's are tediously predictable.

[billiam] 27/9/2017 15:04

I know just a few are within the UK, but c'mon Flybe, release something to say you are going to come to the rescue to at least some of these (extra) 400,000 passengers affected by Ryanair cancellations. Chance to make some brownie points.

[anony mous] 27/9/2017 14:47

Ryanair today announced many more flights to be cancelled even through 2018.Flybe should be mopping up some of these routes.Ridiculously low share price here. Will snap suddenly.

[netcurtains] 27/9/2017 14:43

Been in Edinburgh over past few days staying directly under the flight path (Crammond).
Have to say FlyBe coming in over and over again.
Looking good (and quite quiet planes too) !

[palwing13] 26/9/2017 11:03

Norwich airport will only get better and better once the Norwich Northern Distributer Road (NDR) is fully open. Proposed opening date is March 2018. This links the A11, south of Norwich, to the airport. At the moment, airport traffic has to negotiate the city to get there and puts a lot of people off, so they use Stansted instead. Eventually the NDR will also be continued to the A47 bringing in traffic from the west too. I can only see huge rewards for Norwich Airport and obviously Flybe too. No brainer IMO.

[samdb] 26/9/2017 10:51

Loads of good news posted recently. Got quite a few but tempted to add more as I think the next update will be very positive.

[waspfactory] 26/9/2017 10:45

Thanks CT, good news for FLYB holders.

[curtain twitcher] 26/9/2017 09:49

26 September, 2017

Norwich Airport owner posts record results as passenger numbers top 520,000

The owner of Norwich Airport has reported record revenues as passenger numbers rose above the half-million mark.

The owner of Norwich Airport has reported record revenues as passenger numbers rose above the half-million mark.

The Rigby Group recorded revenue of £2.17bn in the year to the end of March this year, up 21.2% across its six divisions and the best in its 42-year history.

One of those divisions, Regional & City Airports, owns Norwich Airport where passenger numbers increased by 9% to go from 477,000 to 521,000. The airport also saw an increase in helicopter passengers in the oil and gas industry using the airport, from 110,000 to 112,000.

Revenue for the airports division, one of the group’s smaller arms, which includes Coventry and Exeter airports, rose to £35.9m, up 1.4m while its EBITDA (earnings before interest, tax, depreciation and amortisation) edged up £0.1m to £5.7m.

Steven Rigby, group chief operating officer, welcomed the improved passenger numbers in Norwich. He said: “This growth was driven by the introduction of Flybe’s international scheduled routes to popular destinations Alicante and Malaga, and the new domestic connection to Exeter.

“New holiday routes to Rhodes and Cyprus for summer 2017 were secured in the year, further increasing the number of direct destinations available from the airport.

“The importance of the airport as a hub for oil and gas connectivity continued as offshore helicopter passenger numbers increased by 2% to 112,000 in the year, from 110,000 in the prior year. Norwich Airport’s performance contributed to the best-ever year for our Regional & City Airports division, which handled 1.7 million passengers in total.”

Norwich Airport unveiled in June its draft 30-year masterplan in which it laid out plans to drive up passenger numbers to 1.4 million by 2045, extend the runway and offer a greater choice of routes by forging links with European hub airports.

But the plans have sparked concerns from the airport’s neighbours worried about increased noise and disruption from more flights, as well as the impact on local house prices.

Overall, the Rigby Group reported EBITDA before exceptional items of £57m, up 5.8% year-on-year, while group pre-tax profits on continuing operations before exceptional items was £27.9m, up 22%.