Flybe Share Discussion Threads

[whatsup32] 19/2/2019 20:53

In those days(1944)and the years to follow they had turboprops flying low altitude carrying less passengers and exhaust emissions been more poisonous. Overall having higher emission per passenger.

These days jet engines are fuel efficient, burn fuel better , fly higher(above bad weather)have higher load factor (Ryanair)97%.

There may not be tax on fuel but there is plenty of tax in other forms piled on passengers.

I looked at flying to Scotland from London , the cost was £250 for two plus parking and car hire in Edinburgh would have cost about £450 for two people .

I drove up and back £80 fuel (petrol). Train would have cost more

[kirk 6] 19/2/2019 20:45

We could be on for 500% gains tomorrow https://news.sky.com/story/arizona-airline-mesa-swoops-with-bid-to-ground-flybe-deal-11642267Just after I added 700k today what ducking timing that is

[eezymunny] 19/2/2019 20:43

www.channel103.com/news/business-and-finance/arizona-airline-mesa-swoops-with-bid-to-ground-flybe-and8206deal/

[ali47fish] 19/2/2019 17:23

is the action by haskins likely to affect the final outcome in the terms of the share price anyone please!

[dudishes] 19/2/2019 16:17

G'day whatsup32, Ref my 10378 & yr 10379:-

I opened the short @ 3.35p and closed @ 2.8p. I missed the 4p mark (intended short level), and closed too early (feared admin). The spread at the time was somewhat irrelevant.

Based upon your theory of 20% (open price would be 4.02p, to carry that forward, I shorted at the top)! Not exactly true, but a comforting thought.

cheers

[whatsup32] 19/2/2019 12:31

DannyBaker

When British Airways sold the company to Flybe . British Airways paid them.

Really should say it all

[volsung] 19/2/2019 11:50

Could be the future here:
hxxps://en.reset.org/blog/flygskam-flying-shame-movement-thats-taking-over-sweden-12112018?fbclid=IwAR3GtRPfuVgDpqTuT2NFXvmnCjt-Fja7H6IiLJX4AavihI5kK6iNim-y91k

[loganair] 19/2/2019 11:24

Like with Flybe, flybmi has hardly made a profit in any years of operation, even when owned by Lufthansa where able to get flybmi into profit and therefore this increase in cardon crdit is just an excuse by the management for their failings

[minerve] 19/2/2019 11:11

Has Tinkler pointed out Stobart is cash flow negative? LOL

[phillis] 19/2/2019 11:05

Flybmi also cited an increase in carbon credit costs as a reason for its downfall.

Extract from DT article on FlyBMI

"Airlines must purchase carbon credits to offset their emissions. Until very recently the cost was subsidised through a free allocation of such credits by European authorities.

Glen Flannery, a partner at law firm CMS, said that a decision from Brussels to exclude UK companies from their allocation of carbon credits ahead of Brexit played a part in the airline's downfall and could be the root of broader problems for British businesses.

“The European Commission has started to implement its ‘no deal’ Brexit contingency plans. With effect from Jan 1 has temporarily suspended the UK’s free allocation of carbon allowances, auctioning, and the exchange of international credits," he said.

"This has created a huge amount of uncertainty for UK participants, the full effects of which have yet to play out.”

[danny baker] 19/2/2019 10:29

Whatsup, a lot of the historical losses were due to having the wrong planes, expensive leases, the Finnish venture, excessive central overheads etc. If you take the basic business of flying domestically from Exeter in 20 year old turboprops then it performed pretty well with good load factors which I guess is the point Tinkler is making. Second half cash flow was always going to be horrific. The interim results announcement contained all the detail - you just had to understand it or bother to read it.

[once bitten1] 19/2/2019 10:15

''Twas always going to be sub 1p..We all said it .. well most emotionally in check investors.. I lost but got out at 5p ish .. THIS IS GOING ( gone ) DOWN THE 'NITTER'

[whatsup32] 18/2/2019 22:11

Mr Tinkler said ‘ Flybe’s problem was cash flow rather then underlying poor performance’ Really ?

Then explain why they have consistently lost money over the past 10 years and persistently needed outside money.

[exbroker] 18/2/2019 16:01

Court Meeting 11.00 am on 4 March 2019
General Meeting 11.15 am on 4 March 2019(4)
Court hearing to sanction the 8 March 2019(5)
Scheme
Last day of dealings in, and 8 March 2019(5)
for registration of transfers
of, Flybe Shares
Scheme Record Time 6.00 pm on 8 March 2019(5)
Scheme Effective Date 11 March 2019(5)
Cancellation of the admission 11 March 2019(5)
to trading of Flybe Shares
Latest date for despatch of cheques 25 March 2019(5)
or settlement through CREST (as
appropriate)

[t 34] 18/2/2019 15:09

You were wrong .

[loganair] 18/2/2019 14:47

I though the formal take over was this Friday 22nd.

[phillis] 18/2/2019 14:08

I am fascinated to know why this remains above 1p

[barvin] 18/2/2019 12:14

What date is vote/delist etc...

[minerve] 18/2/2019 08:59

mhin2

I think you are forgetting that it is Stobart that is buying the worthwhile ashes of Flybe and not the other way around. LOL