Re: Alitalia future uncertain Woman is only passenger on holiday jet:[link]
Re: Alitalia future uncertain Definitely worth holding on, I've heard that people who lost their Monarch flights and had to switch to EasyJet at the last minute are being charged phenomenal prices! there will be some money made this autumn!
Re: Alitalia future uncertain I think long term EasyJet will come out much stronger. EasyJet are picking up the pieces from these smaller airlines that are failing while RyanAir looks like it could have some serious issues. I'm going to hold in the belief that EZJ will come out on top.
Alitalia future uncertain [link] Alitalia fails there will be less less competition. At the moment there are too many air carriers operating in Europe which has depressed price of air-line seats. Good for passengers but bad for airlines. The over capacity needs to be reduced so there are fewer but viable airlines. I am hoping EZJ will be in survive camp.
shareprice is being killed by brexit stalemate!..Bookings are up however and apparently some seats are getting harder to get.November may not be as quiet as usual..
Re: up to 1350 again? I have today closed my position which I held for 83 days and which position has been consistently and badly under for the duration, at 1323.50. A net profit of £10.78 on a £15K investment...I wish remaining holders good luck, and you will probably have it since I have just sold, great indication to rush in and buy
Ryanair - off topic Just read this in the Guardian:[link] reason not to fly with Ryanair, as if you needed one. I can't think of anything worse than having a stressed and worried pilot in charge of several hundred lives when/if something goes wrong up there. I wonder if O'Leary has ever heard of Human Factors?
monarch Errors Firstly most of MON pilots are Airbus 320/321 so no good to a Boeing led RYANRE CREDIT CARD COMPANIESrestricted funds are in the pot, they will not loose out.My opinion EZY will gain but biggest winner is fast growing DART that will be no 2 by end of this year and 50% growth in holiday division again.Prices crazy so a boost to all for next couple of monthsTiger
Re: Monarch........ Ryanair passenger figures up 10% in September.Seems to me that these cattle revel in the cheap fares and then complain & expect huge amounts of sympathy when they are treated like S+@*.O'Leary's MottoIf God did not want them sheared, He would not have made them sheep. (Calvera, The Magnificent Seven)
Re: Monarch........ I'm not sure what the lead time is on a fleet of vans but there have been at least 20 - 30 brand new Monarch liveried vans parked at Luton airport for weeks (not main entrance but round the back - next to the Easyjet training building). I've been past there several times recently* and I've not seen any of them move once - I even commented to the missus about them. I know a fleet of new vans is small change to an airline but I remember wondering if it might be symptomatic of something bigger going on. Never thought they'd go under though. ...The management must have known passenger numbers were down but presumably didn't react quick enough (or at all?) It ain't rocket science - you need bums on seats in this game. Sorry for all those affected by Monarch going under. * I have no connection with Easyjet other than as a shareholder. I think I've only flown with Monarch once and it was OK (as good as it gets in short haul cattle class). Easyjet - similarly OK on the several occasions I've flown with them. Ryanair (twice) - never again - the cabin crew seemed to treat the passengers with what I can best describe as an undercurrent of contempt. Happy to be an Easyjet shareholder. Wouldn't touch Ryanair with a bargepole.
Re: Monarch........ "Given a choice who would want to work for O'Leary"They have a choice - [link]
Re: Monarch........ They will only get those pilots that can't find work elsewhere.Given a choice who would want to work for O'Leary.
NEW ARTICLE: FTSE 100 starts Q4 with big rally "Although equity markets are marginally higher, this is more a response to currency moves rather than fundamental investor confidence, with a stronger dollar helping the @GB:UKX:FTSE 100 start the week up, while a weakening euro is supporting ..."[link]
Re: Monarch........ Perfect timing for Ryanair - they can probably solve their Pilot crisis immediately now!
Re: Monarch........ News is that two of Monarchs biggest markets, in Egypt and Tunisia, were closed to tourists after terrorist attacks. Unrest in Turkey also badly hit Monarchs holiday business. They then had to search for other business but competition very tough so they could not maintain profitability. The fall in value of pound where most of income was against US dollar where a lot of its costs were, was final straw.Their fall into administration will slightly reduce competition for European flights so be of benefit to other airlines operating flights between European destinations.It has struck me that failure of Monarch will be be bad for credit card companies and banks as people who have booked flights to fly out from UK with monarch have been advised to claim refunds, if they paid by card, from their credit card company or bank.