Which Airlines Are Deemed To Be Most At Risk Of Going Bust?

Tojo_Ralph

....
I start a very tongue in cheek thread and it gets 100 posts and 10,000 views.

tim79_2

Loopy_Lobes wrote: »

Anyone have a view on BMI?

In my opinion it's a pretty unreliable way of telling if you're fat.

paddypuma

tim79 wrote: »

In my opinion it's a pretty unreliable way of telling if you're fat.

LOL, Tim! Nice one:rotfl:

lisyloo

Any views on aer arran?

jetboy

Their aircraft are cheap to run, only sipping fuel (turboprop). They seem to have a lot of third party work on at present which usually makes good money. They also have several Irish PSO routes (govt sponsored) which are also money in the bank. Overall I think they would not be top of the list just yet.

lisyloo

Overall I think they would not be top of the list just yet.

Thanks jetboy.
I paid for flights by credit card and the hotel and car hire is cancellable.

Seems to be the way we have to do things now.

whatusername

whatusername wrote: »

A good article in my local paper (Daily Record) suggests Globespan are ready to post a profit for 2008 and are running at 94% capacity and potentially looking to pick up a few new planes over the winter. Granted this is based on a report from Tom Dalrymple their CE.

Downside Paddy Power has them at 6/4 which is doing nothing for customer confidence.

Sorry to resurect an old thread but i have watched their plight with interest as im flying with them in the summer

http://business.scotsman.com/transport/Airline-flyglobespan-expecting-profits-to.4912212.jp

:T Well done Globespan

withabix

whatusername wrote: »

Sorry to resurect an old thread but i have watched their plight with interest as im flying with them in the summer

http://business.scotsman.com/transport/Airline-flyglobespan-expecting-profits-to.4912212.jp

:T Well done Globespan

Not sure about 'well done', more like 'very lucky the oil price plummeted!'

Shame they dropped the winter transatlantic (Canada) schedules - loads and prices have been high this winter as a result of the failure of Zoom and the similar lack of CanadianAffair (Air Transat/Thomsas Cook) flights, leaving the market basically to BA, Air Canada and KLM plus a few other minor combinations.

Had the oil price stayed high, there would have been more failures in the airline industry. For them, the pain is over - OK, they've got to survive the recession, but this will probalby not be fatal to any airlines. The return of high oil prices will.

whatusername

withabix wrote: »

Not sure about 'well done', more like 'very lucky the oil price plummeted!'

Shame they dropped the winter transatlantic (Canada) schedules - loads and prices have been high this winter as a result of the failure of Zoom and the similar lack of CanadianAffair (Air Transat/Thomsas Cook) flights, leaving the market basically to BA, Air Canada and KLM plus a few other minor combinations.

Had the oil price stayed high, there would have been more failures in the airline industry. For them, the pain is over - OK, they've got to survive the recession, but this will probalby not be fatal to any airlines. The return of high oil prices will.

Given they turned a £17m loss into a profit when things were tight i'd say it is a well done.