Great Western Coffee Shop

All across the Great Western territory => Buses and other ways to travel => Topic started by: grahame on February 22, 2019, 10:24:57



Title: FlyBE taken over
Post by: grahame on February 22, 2019, 10:24:57
EDIT TO ADD .. it has been pointed out to me that the article I am quoting is a month old ... please read with that in mind.  HOWEVER it is broadly confirmed today as you'll see from posts later in the thread.

FLYBE takeover just announced: https://www.bbc.co.uk/news/business-46834827

New topic required..... :P

Quote
Flybe is being bought for £2.2m by a consortium including Virgin Atlantic and Stobart Group.

It will operate under the Virgin Atlantic brand, marking a return by Virgin to domestic flights, following a failed attempt five years ago.

Based in Exeter, Flybe carries around eight million passengers a year from airports such as Southampton, Cardiff and Aberdeen, to the UK and Europe.

The deal needs shareholder approval, but is already backed by the board.

The move comes after Flybe's profits warning in October .

[article continues]


Title: Re: FlyBE taken over
Post by: TaplowGreen on February 22, 2019, 10:55:12
A good move for all concerned


Title: Re: FlyBE taken over
Post by: The Tall Controller on February 22, 2019, 11:21:18
Except for some Flybe staff who are now facing redundancies in order to streamline the business.


Title: Re: FlyBE taken over
Post by: Surrey 455 on February 22, 2019, 11:51:16
That BBC story is over a month old, dated 11th January. I've found this dated today though. https://www.bbc.co.uk/news/business-47329014


Title: Re: FlyBE taken over
Post by: grahame on February 22, 2019, 12:21:19
That BBC story is over a month old, dated 11th January. I've found this dated today though. https://www.bbc.co.uk/news/business-47329014


Oh gosh - so easy to miss a datestamp on something that comes up on the feed. Thanks for the alert


Title: Re: FlyBE taken over
Post by: Thatcham Crossing on February 22, 2019, 14:21:40
Quote
That BBC story is over a month old

The news of the Virgin, Stobart and Cyrus (US Venture Capitalist) take-over is indeed over a month old, but the deal has effectively been closed today https://www.bbc.co.uk/news/business-47329014 (https://www.bbc.co.uk/news/business-47329014)

It's still subject to Shareholder approval, but effectively the above means that the assets and operation is now sold, and that the vote due on 4th March only relates to the shell of the Company that remains, for which they will receive 1p per share if they vote in favour.

I read elsewhere that a senior pilot, who spoke out publically about how the current CEO and board have managed to ruin what was a viable business over the last 2 years, has been suspended.



Title: Re: FlyBE taken over
Post by: eightonedee on February 22, 2019, 21:47:51
I have used them a number of times from Southampton - a much more pleasant experience than Heathrow or Gatwick on those occasions when getting to Scotland for a short trip outweighed the pleasant experience of taking the train, and also to get to Amsterdam, Ireland, Spain and various obscure French provincial airports.

I have been surprised at how few people in the Thames Valley or Surrey seem unaware of their services - a bit like XC or the Gatwick line. However in recent times I've noticed that they have cut quite a few of their route, especially some of their French routes (no more Beziers Cap D'agde), so I guess that they've struggled to make them pay. I hope the new owners keep a reasonable number of routes to Southampton going.

Quote
Over to the shareholders, then. Stobart already have a toe in the door, via William Tinkler (12.2% holding). He is on a number of Stobart's boards, and was previously MD of WA Holdings, former owners of Carlisle Airport.

Stobart and Tinkler have fallen out in a big way - allegations of falling well short of proper standards of coporate governance on his part, and he's recently lost a court case,  see https://www.standard.co.uk/business/stobart-group-claims-victory-in-high-court-battle-with-andrew-tinkler-a4068141.html-


Title: Re: FlyBE taken over
Post by: grahame on February 22, 2019, 22:09:24
(no more ... Cap D'agde)

'twas always a problem selling luggage space on that one ...  ;D

Flying from Southampton is so much ... better ... than from one of the London airports but, yes, it's a well hidden surprise to many people I speak to.


Title: Re: FlyBE taken over
Post by: chuffed on February 23, 2019, 09:18:49
Flew with Easyjet back from Glasgow yesterday and landed 25 minutes EARLY.  Had used Flybe the day for a return trip Glasgow to Belfast.Worth noting that I was able to use my Concessionary bus pass on the A2 service which follows the old A1 route through Bedminster and turns left at the Redcliffe roundabout and leaves /departs at stop B1 outside Lewins Mead instead of the bus station. Much better than paying 8 pounds single on the A1.


Title: Re: FlyBE taken over
Post by: TaplowGreen on February 23, 2019, 09:34:30
I have used them a number of times from Southampton - a much more pleasant experience than Heathrow or Gatwick on those occasions when getting to Scotland for a short trip outweighed the pleasant experience of taking the train, and also to get to Amsterdam, Ireland, Spain and various obscure French provincial airports.

I have been surprised at how few people in the Thames Valley or Surrey seem unaware of their services - a bit like XC or the Gatwick line. However in recent times I've noticed that they have cut quite a few of their route, especially some of their French routes (no more Beziers Cap D'agde), so I guess that they've struggled to make them pay. I hope the new owners keep a reasonable number of routes to Southampton going.

Quote
Over to the shareholders, then. Stobart already have a toe in the door, via William Tinkler (12.2% holding). He is on a number of Stobart's boards, and was previously MD of WA Holdings, former owners of Carlisle Airport.

Stobart and Tinkler have fallen out in a big way - allegations of falling well short of proper standards of coporate governance on his part, and he's recently lost a court case,  see https://www.standard.co.uk/business/stobart-group-claims-victory-in-high-court-battle-with-andrew-tinkler-a4068141.html-

I'd suggest that as most people in the Thames Valley are within striking distance of Heathrow, Southampton airport probably wouldn't be a practical option?


Title: Re: FlyBE taken over
Post by: Bob_Blakey on February 23, 2019, 10:10:33
Once Flybe rid themselves of the very expensive Embraer 195's, and thus the associated high leasing charges - something that is programmed for completion in April 2020 -  I suspect the company will return to a reasonable level of financial health, particularly if they are able to properly market the advantages of being a Virgin Atlantic feeder airline.

However apart from a wish to not see an Exeter-based company go to the wall, purely to the benefit of their employees, I have very little interest in this saga having ceased to be a Flybe customer about 8 years ago. This after they accrued 13 hours of delay on two of my flights (Exeter > Belfast 7 hrs, Exeter > Guernsey 6 hrs) and then refused to countenance any form of compensation. Both delays BTW were due to unserviceable aircraft but that was apparently not their problem. Flymaybe indeed!


Title: Re: FlyBE taken over
Post by: eightonedee on February 23, 2019, 11:06:28
Quote
I'd suggest that as most people in the Thames Valley are within striking distance of Heathrow, Southampton airport probably wouldn't be a practical option?


TG - once you take into account-

1 - Much shorter check in/baggage recovery times
2 - Compact terminal with short distance to gates
3 - Station just the other side of the road to the terminal building
4 - Cheaper carparking much closer to the airport with short transfer times
5 - Ready access to M27, M3 one junction away, A34 not far further, which while busy is seldom anything like as bad as the M4 and M25 around Heathrow, and much closer to Reading/Newbury/Oxford than Gatwick, or by train via Basingstoke and Reading (direct XC trains to Reading & Oxford)

It's all much more convenient - try it sometime if you are going to Scotland, Dublin or those airports in Europe it serves (that is if they are not conveniently on the rail network or time is important)!


Title: Re: FlyBE taken over
Post by: LiskeardRich on February 23, 2019, 11:15:38
Except for some Flybe staff who are now facing redundancies in order to streamline the business.

Some redundancies could be seen as better than all redundant, as the alternative being mooted was liquidation.


Title: Re: FlyBE taken over
Post by: TaplowGreen on February 23, 2019, 14:44:33
Quote
I'd suggest that as most people in the Thames Valley are within striking distance of Heathrow, Southampton airport probably wouldn't be a practical option?


TG - once you take into account-

1 - Much shorter check in/baggage recovery times
2 - Compact terminal with short distance to gates
3 - Station just the other side of the road to the terminal building
4 - Cheaper carparking much closer to the airport with short transfer times
5 - Ready access to M27, M3 one junction away, A34 not far further, which while busy is seldom anything like as bad as the M4 and M25 around Heathrow, and much closer to Reading/Newbury/Oxford than Gatwick, or by train via Basingstoke and Reading (direct XC trains to Reading & Oxford)

It's all much more convenient - try it sometime if you are going to Scotland, Dublin or those airports in Europe it serves (that is if they are not conveniently on the rail network or time is important)!

I live 20 mins from Heathrow, no need for car parking. 1 hr 30 mins from Southampton, so it's no contest really.


Title: Re: FlyBE taken over
Post by: grahame on February 23, 2019, 15:19:32
I live 20 mins from Heathrow, no need for car parking. 1 hr 30 mins from Southampton, so it's no contest really.

We're back to fuzzy (or not so fuzzy) catchments.  Southampton journey times by train:
25 minutes to Basingstoke
45 minutes to Reading
40 minutes to Woking

From Melksham ... on the rare occasions I fly, I'll choose (roughly in order) Southampton, Gatwick, Bristol and Heathrow - based on where I'm flying / what's available and also on any major price differences. All, frankly, bloomin awkward for one reason or another; if I was a major flyer, I wouldn't be living here!


Title: Re: FlyBE taken over
Post by: Thatcham Crossing on February 23, 2019, 16:46:07
Quote
I live 20 mins from Heathrow, no need for car parking. 1 hr 30 mins from Southampton, so it's no contest really

At the location of my moniker, I'm almost equidistant between LHR and SOU.

For flights to destinations available from SOU that will always be my choice, for the reasons that eightondee mentions.

Over the last year, I've taken 7 day-return trips, to the likes of Guernsey (not available from LHR, until a new single-daily summer-season-only flight that was announced this week), Belfast City and Jersey (not available from LHR) and only experienced one delay.

At SOU it's quite possible (having checked in on-line) to arrive 45 mins (to allow time for security) before departure, and after arrival be in the car driving out of the airport 10 after stepping off the aircraft. Try that at LHR! 


Title: Re: FlyBE taken over
Post by: TaplowGreen on February 23, 2019, 20:35:59
Quote
I live 20 mins from Heathrow, no need for car parking. 1 hr 30 mins from Southampton, so it's no contest really

At the location of my moniker, I'm almost equidistant between LHR and SOU.

For flights to destinations available from SOU that will always be my choice, for the reasons that eightondee mentions.

Over the last year, I've taken 7 day-return trips, to the likes of Guernsey (not available from LHR, until a new single-daily summer-season-only flight that was announced this week), Belfast City and Jersey (not available from LHR) and only experienced one delay.

At SOU it's quite possible (having checked in on-line) to arrive 45 mins (to allow time for security) before departure, and after arrival be in the car driving out of the airport 10 after stepping off the aircraft. Try that at LHR! 

I fly regularly to Glasgow and Belfast on business, so Heathrow suits me, by proximity and and regularity of flights - the occasional trip to Guernsey is good for you from Southampton - I guess that illustrates the versatility of air travel from National and regional airports, taking into account all the factors involved.


Title: Re: FlyBE taken over
Post by: Bmblbzzz on February 26, 2019, 19:35:06
FlyGWR? (https://retours.eu/en/49-train-and-airplane/)


Title: Re: FlyBE taken over
Post by: Surrey 455 on February 26, 2019, 22:11:32
Flying from Southampton is so much ... better ... than from one of the London airports but, yes, it's a well hidden surprise to many people I speak to.

I've seen this advert at Raynes Park station and I think also at Wimbledon recently. Looks like a joint SWR / Southampton airport / easyJet advert. I think it's been there sometime based upon the dates. I wonder how many in South West London will be seduced by the charms of Southampton Airport.

(Sorry about the quality, I didn't notice the fluorescent lights reflections at the time)


Title: Re: FlyBE taken over
Post by: LiskeardRich on April 03, 2019, 07:57:57
Lots of cancellations this morning for operational reasons.

https://www.devonlive.com/news/devon-news/flybe-cancels-dozens-flights-operational-2714841


Title: Re: FlyBE taken over
Post by: Thatcham Crossing on April 03, 2019, 08:34:17
Aviation forum chatter suggests it's down to crew shortages.

Can't blame people for having jumped ship (especially when plenty of other airlines are hiring) following the recent uncertainty around whether the airline would survive/be bought/restructured etc.

Hard to make a plan until you know the outcome is likely to be.

Although that is now clearer, it could take a while for this to pan out and most airlines need more crews in the Summer (the Summer season for airlines started last weekend).


Title: Re: FlyBE taken over
Post by: LiskeardRich on April 03, 2019, 11:31:57
Larger than usual annual leave now being quoted. So crew using up annual leave prior to the end of the business year?


Title: Re: FlyBE taken over
Post by: ChrisB on April 03, 2019, 11:42:01
Possibly been told by the new owner that they can't carry it across into a new holiday year


Title: Re: FlyBE taken over
Post by: grahame on April 03, 2019, 12:41:58
FlyBE are saying:

Quote
Flybe sincerely apologises to all our customers and partners affected by the current flight cancellations. Whilst 95% of Flybe flights are operating as per normal, we do recognize the impact of today’s cancellations.

We are doing our best to mitigate the impact of the current situation that has arisen due to a combination of factors including seasonality, pilots’ end of leave year, Easter holidays, base restructuring and the shortage of pilots across the industry that Flybe has highlighted over recent months.

We have already identified several mitigation actions and will be issuing further updates throughout the day.

All those affected have been emailed and advised they can re-book for travel on an alternative flight or apply for a full refund.

Customers are advised to regularly check our website for more details.


Title: Re: FlyBE taken over
Post by: IndustryInsider on April 03, 2019, 14:15:07
Tough times for the airline industry.


Title: Re: FlyBE taken over
Post by: GBM on January 28, 2023, 06:12:14
https://www.flybe.com/en
On 28 January 2023, the High Court appointed David Pike and Mike Pink as Joint Administrators of Flybe Limited (“Flybe”).

Flybe has now ceased trading and all flights from and to the UK operated by Flybe have been cancelled and will not be rescheduled.

If you are a passenger affected by this event, please read the advice below.


Title: Re: FlyBE taken over
Post by: Timmer on January 28, 2023, 08:28:23
Was surprised when someone tried to resurrect it. I would suggest the name Flybe be consigned to the aviation history books. No one is going to trust a company with that name having gone bust again.

Thoughts today with the staff and the passengers who were due to fly with them.


Title: Re: FlyBE taken over
Post by: bradshaw on January 28, 2023, 11:26:43
LNER offering free travel to Flybe customers on presentation of their cancelled tickets.



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