Flybe Share Discussion Threads

[curtain twitcher] 26/10/2017 14:30

STOBART TO SPIN-OFF DUBLIN-BASED AVIATION UNIT IN GROUP RESHUFFLE PLAN - UK transport and energy group Stobart is understood to be considering hiving off its Dublin-based Stobart Aviation unit as a separate entity - just months after bringing it into the group fold.

Stock-market-listed Stobart indicated last week that it was assessing possible new structures for its aviation arm that would allow the unit to secure investment in order to pursue consolidation opportunities. Stobart Air operates the Aer Lingus Regional service on a franchise basis, and also has a franchise agreement with UK regional carrier Flybe to operate routes including a new service between Dublin and London Southend Airport that starts next weekend. Warwick Brady, Stobart Group CEO, told the Irish Independent that Stobart did not want to "miss out" on consolidation opportunities if they arose, but declined to say what the new structure might be. Stobart Group owned 45% of Stobart Air before it wholly acquired it. Invesco Perpetual owned 40% and broker Cenkos held 10%. Former Aer Arann chairman Pádraig Ó Céidigh owned 5%. Invesco owns 27% of Stobart Group.

[mikepompeyfan] 23/10/2017 15:58

So basically your thoughts are you haven't got a clue what's going to happen next.
Well join the rest of us then. ;-)

'I've recently started looking into Flybe (LON:FLYB) and am quite puzzled about this point at its history and what's next'.

[blondeamon] 23/10/2017 08:43

Some thoughts on FLYB from me:

[blondeamon] 23/10/2017 08:42

Some thoughts on FLYB from me:

[sandoval] 20/10/2017 22:00

Que Passa - Answer in a nutshell 8 million passengers and 12 million seats. Afaik 1 million seats have been reduced already for H2 by handing back planes not needed. More are to be handed back as time passes IN 18/19/20. 70% load factor is break even for Q400. They seem to be trying new routes all the time which doesn't help the load factor either in the short term but not being a trader what I believe these could be in a couple of years (brexit withstanding)would also not be believed.

[europa79] 20/10/2017 20:48

What I mean is, Foxy, it would of been more annoying for investors, had FLYB issued the profit warning, say next week, where the share price would of probably been close to 50p and thus caused even greater disappointment. As it is, they've let the air out the bag, so to speak and, hopefully, we can build from here. I take your point though, being as the next trading update is pretty close.

[quepassa] 20/10/2017 19:41

sandoval,
Thank you for your source material.

Yes, Flybe do have a good punctuality record - albeit that they tend to use small/regional airports (City, Exeter, Durham, Inverness etc etc) and do not use the horror stories such as Stansted, Luton, Heathrow, with only a handful of Gatwick flights, which are the main culprits of flight delays in the UK.

Why in your opinion please, does Flybe only manage a load factor of 70/72% when other airlines like Ryan and Easy usually report load factors well into the 90's% ?

Obviously if they could fill those planes by a further 20%, their profits would be enormously enhanced - as they are appear already to be managing to eke out profitability on a lowly 72% load factor basis.

ALL IMO. DYOR.
QP

[1fox1] 20/10/2017 19:12

First time iv'e heard of a company issuing a profit warning because the share price had got ahead of itself? Do you expect people to believe that comment?

[europa79] 20/10/2017 16:32

I've added just now. FLYB had to issue that profit warning before the share price got ahead of itself too much. Should be more upside from here than downside.

[best1467] 20/10/2017 15:23

IN MY OPINION WHILE VERY FRUSTRATING AND DISSAPOINTING THE RECENT DROP IS PREDICTABLY OVER DONE I HAVE DOUBLED MY INVESTMENT OVER THE LAST COUPLE OF DAYS TO 100 THOUSAND AND WILL SELL HALF WHEN BACK INTO THE MID FORTIES AROUND CHRISTMAS AT THESE LEVELS IT'S JUST TO CHEAP DON'T MISS THE CHANCE.

[waspfactory] 20/10/2017 14:30

Nice one D1NGA.

[bpc10] 20/10/2017 14:25

What a dog this share is :-(

[sandoval] 20/10/2017 13:55

hxxp://www.devonlive.com/news/business/bombardier-row-wont-affect-aeroplane-553694

"Flybe Aviation Services, based at Exeter Airport, is among the world’s leading and most advanced maintenance, repairs and overhaul organisations for regional airlines."

........so not too shabby at maintenance either.

[d1nga] 20/10/2017 13:34

4104 - back of the net!!

lol

[sandoval] 20/10/2017 13:22

Reliability :-



And in top 10 in the world for safety.

[quepassa] 20/10/2017 13:11

could you please quote and specify your precise source when you say Flybe are the most reliable airline in the UK.

Seems strange when they just released an RNS about improving the reliability of their fleet.

Thanks.

QP

[sandoval] 20/10/2017 11:09

elmfield - a) they are most reliable airline in UK and in top 20 worldwide b)capacity issues being dealt with (finally) c) they don't compete with big budget airlines.
No reason they can't do £15 mill in H2 so £25 - £30 mill for year before writedowns but valued to go bust.

[rental] 20/10/2017 09:42

This could be the start of a very quick rise back up to 45p+

[elmfield] 19/10/2017 22:15

Step one.
Buy reliable planes.
Step two.
Fill them up.
Step three.
Provide a better service than the big budget airlines.

[sandoval] 19/10/2017 19:00

Thay got most of mine :(

[peea01] 19/10/2017 17:33

Let's see how much cash they have

[quepassa] 19/10/2017 16:09

This share was 150p in mid 2014.

Three and a half years later, it is 35p and heading south fast after yesterday's profits warning.

Look at the five year graph.


Look at the fantastic share price INCREASES in share price of Ryan and youngster WIZZ over same period. Even Easy which is embroiled as a UK airline in the Brexit mess still has a similar price to mid 2014 having retraced from higher levels.

As I said yesterday, Air Berlin, Monarch and Alitalia have all gone bust. Just this year.

This is a tough tough tough sector nowadays and a rough rough rough operating environment at the moment.

The PRICE WAR from the likes of Ryan and Easy is putting enormous pressure on everybody (hence the 3 busted airlines).


Good luck all but carry a shamrock and a parachute.


ALL IMO. DYOR.
QP