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Airlines Going Belly Up In Europe In 2010?  
User currently offlineShany From Germany, joined Jul 2008, 113 posts, RR: 0
Posted (4 years 8 months 2 weeks 1 day 5 hours ago) and read 4736 times:

After SkyEurope, Flyglobespan and Air Coment I am wondering which airlines might stop operation in 2010.


So, my question: what airlines, according to your opinion, are likely to go bankrupt in 2010?

Best regards

Shany


ETOPS - Engines Turn Or People Swim
17 replies: All unread, jump to last
 
User currently offlineLazialeMKD From French Polynesia, joined Oct 2009, 150 posts, RR: 0
Reply 1, posted (4 years 8 months 2 weeks 1 day 4 hours ago) and read 4724 times:



Quoting Shany (Thread starter):
After SkyEurope, Flyglobespan and Air Comet

Include MAT Macedonian Airlines too in that list.


User currently offlineLTU932 From Germany, joined Jan 2006, 13864 posts, RR: 50
Reply 2, posted (4 years 8 months 2 weeks 1 day 2 hours ago) and read 4714 times:

My first guess: British Airways (if Unite does decide to re-ballot and gets approval for the 12 day strike they wanted to do over Christmas but was declared illegal because of bad balloting).

User currently offlineShany From Germany, joined Jul 2008, 113 posts, RR: 0
Reply 3, posted (4 years 8 months 2 weeks 15 hours ago) and read 4653 times:



Quoting LTU932 (Reply 2):
My first guess: British Airways

Though I see your point, I really hope not.

Shany



ETOPS - Engines Turn Or People Swim
User currently offlineHT From Germany, joined May 2005, 6525 posts, RR: 23
Reply 4, posted (4 years 8 months 2 weeks 6 hours ago) and read 4615 times:

While being in constant need of money, it is questionable if LO would be "allowed" by the Polish Government to fold ...
-HT



Carpe diem ! Life is too short to waste your time ! Keep in mind, that today is the first day of the rest of your life !
User currently offlineKimberlyrj From United Kingdom, joined Mar 2008, 385 posts, RR: 1
Reply 5, posted (4 years 8 months 1 week 6 days 4 hours ago) and read 4552 times:



Quoting LTU932 (Reply 2):
My first guess: British Airways

Even if we do strike we will not go bankrupt, however I fear we will damage the companies name so badly it may take many years to recover!

I have my money on a LCC in the UK, maybe Jet2 – Monarch Airlines is safe from their backers and their swift cost cutting.

Outside the UK I think Alitalia is going to have a bumpy ride and I think we could see Air Europa or SpanAir disappear. I also think we could see one dominant airline in Mexico – which one, I am not sure.

It will be an interesting 2010.

Kimberly


User currently offlineMetroliner From United Kingdom, joined Jan 2007, 1067 posts, RR: 1
Reply 6, posted (4 years 8 months 1 week 5 days 16 hours ago) and read 4519 times:

I'm also having doubts about BA. Their management seems bent on self-destruction and they're losing favour in the hearts and minds of the public rapidly.

I think UK LCCs will remain fairly stable, as they've seemed to weather the storm pretty well so far. Jet2 have been a little wonky recently but I think they have a good thing going with their routes and markets in the northern UK.

My bet for the UK is that smaller airlines like Air Southwest and Eastern will suffer more than others - Air Southwest is facing extremely stiff competition to the West Country from First Great Western (railway) and Eastern seem to have some very thin routes going at the moment buoyed by the charters they are living off. If that lifeline gets cut it could be curtains for them.

But it would be sad to see a reduction in UK variety.

Quoting LazialeMKD (Reply 1):
Include MAT Macedonian Airlines too in that list.

First I've heard of this - what's the full story? They were a cool outfit.

Quoting Kimberlyrj (Reply 5):
Alitalia is going to have a bumpy ride

Standard, right?  Smile

Cheers,

Toni



Set the controls for the heart of the Sun
User currently offlineShany From Germany, joined Jul 2008, 113 posts, RR: 0
Reply 7, posted (4 years 8 months 1 week 5 days 7 hours ago) and read 4483 times:



Quoting Kimberlyrj (Reply 5):
I also think we could see one dominant airline in Mexico – which one, I am not sure.

I tried to confine on EU airlines (or better JAA airlines, knowing that EU and JAA are not identical). However, I thought, Mexico as a whole country is doing quite good in these times in spite of the crisis and the flu. I think there could be room for both, Mexicana and AeroMécixo in the long term.

Quoting Kimberlyrj (Reply 5):
Air Europa or SpanAir disappear

Any details about them?

Quoting HT (Reply 4):
it is questionable if LO would be "allowed" by the Polish Government to fold

Agree.

Quoting Kimberlyrj (Reply 5):
Alitalia is going to have a bumpy ride

The "new Alitalia" reported a small gain in the last quarter. Will they join AF/KLM?

Quoting Kimberlyrj (Reply 5):
Even if we do strike we will not go bankrupt, however I fear we will damage the companies name so badly it may take many years to recover!

What benefits do you see from the merger with IB? There was also a rumour, that IB will establish a new LCC for EU operations while itself will focus on long range by 2011. Any news about that?

Best regards

Shany



ETOPS - Engines Turn Or People Swim
User currently offlineFlySSC From United States of America, joined Aug 2003, 7411 posts, RR: 57
Reply 8, posted (4 years 8 months 1 week 4 days 16 hours ago) and read 4443 times:



Quoting Kimberlyrj (Reply 5):
I think Alitalia is going to have a bumpy ride

Well, They only have ha bumpy rides in the past 20 years !

Quoting LTU932 (Reply 2):
My first guess: British Airways

No Way.
They may be in trouble, but BA is here to stay !


User currently offlineRAFVC10 From Spain, joined Sep 2005, 1980 posts, RR: 6
Reply 9, posted (4 years 8 months 1 week 4 days 15 hours ago) and read 4438 times:
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Quoting Kimberlyrj (Reply 5):
Outside the UK I think Alitalia is going to have a bumpy ride and I think we could see Air Europa or SpanAir disappear.

Since Alitalia was bought by CAI and joined the Skyteam alliance (and was purchased by Air France in a 25%) they had a little bit earnings. Don't think on it.

About the Spanish airlines, Air Europa has a great network inside Spain and outside. Spanair was purchased by a number of Catalonian companies and is a great player in the Spanish market and Star Alliance.

My bet is to see Andalus disappearing and another UK LCC.

Regards,

Gerard



El dia que los gilipollas vuelen, no podremos ver la luz del sol!
User currently offlinePlymSpotter From Spain, joined Jun 2004, 11649 posts, RR: 60
Reply 10, posted (4 years 8 months 1 week 4 days 15 hours ago) and read 4431 times:



Quoting Metroliner (Reply 6):
My bet for the UK is that smaller airlines like Air Southwest and Eastern will suffer more than others - Air Southwest is facing extremely stiff competition to the West Country from First Great Western (railway) and Eastern seem to have some very thin routes going at the moment buoyed by the charters they are living off. If that lifeline gets cut it could be curtains for them.

I think it's the other way around with the railways; SZ have done some significant damage to FGW's sales on First Class tickets from Cornwall/South Devon to London. Now we have a new operator on the cross country routes - imaginatively named CrossCountry Trains who have dramatically reduced the number of discounted fares available; I travel the route frequently and have gone from paying £10-15 each way between Plymouth and Birminghamwhen Virgin operated the route, with only slight advance booking, to there being no tickets at conveneint times under full price (£62.50rtn - £93.00 without concession) for months ahead, meaning on trips to Manchester, Leeds and Newcastle let alone Glasgow the flight is almost always cheaper, even with late booking. Plus I'm not sure if the City Council will let Air Southwest slip away; I have a feeling that 'something' would be done.


Dan  Smile



...love is just a camouflage for what resembles rage again...
User currently offlineDYflyer From Norway, joined May 2006, 676 posts, RR: 14
Reply 11, posted (4 years 8 months 1 week 2 days 14 hours ago) and read 4342 times:



Quoting Shany (Thread starter):
So, my question: what airlines, according to your opinion, are likely to go bankrupt in 2010?

I have a hard time imagining CimberSterling making it through the year (unless the make some big changes).

SAS is also struggling, but hopefully they are doing enough to turn it around. Besides i doubt the Scandinavian governments would let it "die"



Life is like a book. If you don't travel, you only read one page.
User currently offlineShany From Germany, joined Jul 2008, 113 posts, RR: 0
Reply 12, posted (4 years 8 months 1 week 2 days 5 hours ago) and read 4314 times:



Quoting DYflyer (Reply 11):
SAS is also struggling

They have been for a while now but I agree on

Quoting DYflyer (Reply 11):
Besides i doubt the Scandinavian governments would let it "die"

Shany



ETOPS - Engines Turn Or People Swim
User currently offlineIFlyTWA From United States of America, joined Jan 2007, 278 posts, RR: 0
Reply 13, posted (4 years 8 months 1 week 2 days 5 hours ago) and read 4309 times:



Quoting LazialeMKD (Reply 1):

Include MAT Macedonian Airlines too in that list

Здраво!

Is this confirmed?



"To express the excitement of travel" - Eero Saarinen
User currently offlineLHR380 From , joined Dec 1969, posts, RR:
Reply 14, posted (4 years 8 months 1 week 2 days 4 hours ago) and read 4305 times:



Quoting Shany (Reply 3):
Though I see your point, I really hope not.

So do I, I like my job and wanna keep it!!

Quoting Kimberlyrj (Reply 5):
maybe Jet2

I dont think so. They have just announced some expansion, and seem to be really good at changing with the times we live in


User currently offlineLarshjort From Denmark, joined Dec 2007, 1456 posts, RR: 0
Reply 15, posted (4 years 8 months 1 week 2 days 2 hours ago) and read 4294 times:



Quoting DYflyer (Reply 11):
I have a hard time imagining CimberSterling making it through the year (unless the make some big changes).

I hope they'll be fine. I haven't heard anything about them since the start of december.

What about Wings of Bornholm? Anyone heard anything about how it's going?

/Lars



139, 306, 319, 320, 321, 332, 34A, AN2, AT4, AT5, AT7, 733, 735, 73G, 738, 739, 146, AR1, BH2, CN1, CR2, DH1, DH3, DH4,
User currently offlineMetroliner From United Kingdom, joined Jan 2007, 1067 posts, RR: 1
Reply 16, posted (4 years 8 months 1 week 1 day 15 hours ago) and read 4265 times:



Quoting PlymSpotter (Reply 10):
I think it's the other way around with the railways; SZ have done some significant damage to FGW's sales on First Class tickets from Cornwall/South Devon to London

Ahh, I didn't know two things about that - firstly, that SZ offered a First service, or that their routes from LGW were doing any damage to the convenience of being able to travel from Paddington. That said, I live in Paddington, so I might be biased  Wink

I'm glad to hear they're doing well, though. FGW are probably only going to get less competitive in the coming years, what with increasing prices and the Crossrail integration reducting capacity between Maidenhead and London...

I'm still hoping to see a return to West Country service from LHR!



Set the controls for the heart of the Sun
User currently offlineDYflyer From Norway, joined May 2006, 676 posts, RR: 14
Reply 17, posted (4 years 8 months 1 week 1 day 13 hours ago) and read 4256 times:



Quoting Larshjort (Reply 15):
I have a hard time imagining CimberSterling making it through the year (unless the make some big changes).

I hope they'll be fine. I haven't heard anything about them since the start of december.

It seems to me they are just continuing the way NB was operating (but with stronger competition). The money they got from the latest stocks just covered old debts. They are still not making money. Maybe the best solution would be to admit that starting the 737 operations was a mistake, and try to go back to the good old Cimber. Even if i think that would be an expensive admittance too.



Life is like a book. If you don't travel, you only read one page.
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