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Vueling Presents Big Loses  
User currently offlineBullpitt From Spain, joined Mar 2004, 871 posts, RR: 8
Posted (6 years 11 months 3 weeks 5 days 18 hours ago) and read 2229 times:

Vueling presented a 25,6 million loss and have announced they will re think their growth strategy, and delay the purchase of new aircraft. Is this the beginning of the end?  tombstone 


These are my principles but if you don't like them I have others
12 replies: All unread, jump to last
 
User currently offlinePlaneHunter From Germany, joined Mar 2006, 6714 posts, RR: 78
Reply 1, posted (6 years 11 months 3 weeks 5 days 18 hours ago) and read 2219 times:

Quoting Bullpitt (Thread starter):
Vueling presented a 25,6 million loss and have announced they will re think their growth strategy, and delay the purchase of new aircraft. Is this the beginning of the end?

Where's the link to that story? Drawing conclusions could be easier after reading a bit more.


PH



Nothing's worse than flying the same reg twice!
User currently offlineBullpitt From Spain, joined Mar 2004, 871 posts, RR: 8
Reply 2, posted (6 years 11 months 3 weeks 5 days 18 hours ago) and read 2197 times:

Try any of yesterdays Spanish papers.

http://www.eleconomista.es/mercados-...los-decepcionantes-resultados.html

this link might work for you if not just put Vueling in google it was in all of yesterdays papers as IB presented a 75 M euros result for the first half of the year (last year same period they presented a 9M loss) so the results for IB are very good.



These are my principles but if you don't like them I have others
User currently offlineSJOtoLIR From Costa Rica, joined Jul 2007, 4391 posts, RR: 4
Reply 3, posted (6 years 11 months 3 weeks 5 days 10 hours ago) and read 1965 times:

On the other hand, FR has increased their operations in Spain.
I have read somewhere in the forum that FR is going to start GRO-MAD -No official. There is nothing in the website.-
This could be a response for Spanish carriers linking Barcelona - Madrid as IB, JK, UX and VY.
Hard situation for VY.



"Goin' up to the spirit in the sky"
User currently offlineHumberside From United Kingdom, joined Dec 2005, 4917 posts, RR: 4
Reply 4, posted (6 years 11 months 3 weeks 5 days 5 hours ago) and read 1834 times:

Quoting SJOtoLIR (Reply 3):
I have read somewhere in the forum that FR is going to start GRO-MAD -No official. There is nothing in the website.-

I posted that - original source pprune



Visit the Air Humberside Website and Forum
User currently offlineUPPERDECKFAN From Spain, joined Jun 2007, 992 posts, RR: 1
Reply 5, posted (6 years 11 months 3 weeks 4 days 13 hours ago) and read 1665 times:

Quoting Bullpitt (Thread starter):
Is this the beginning of the end?



Quoting Bullpitt (Reply 2):
as IB presented a 75 M euros result for the first half of the year (last year same period they presented a 9M loss)

Why would it be the end for VY? After all, if IB was able to turn losses into profit in just one year, why not VY can recover?



744,742,741,772,773,762,732,735,738,752,727,717,DC10,DC9,M82,M87,319,320,321,343,346,L1011,CRJ2,CRJ9,E190,ATR42,DSH8,
User currently offlineBullpitt From Spain, joined Mar 2004, 871 posts, RR: 8
Reply 6, posted (6 years 11 months 3 weeks 4 days 13 hours ago) and read 1646 times:

Quoting UPPERDECKFAN (Reply 5):
Why would it be the end for VY? After all, if IB was able to turn losses into profit in just one year, why not VY can recover?

Because they are not doing things very well, their losses are growing, growth without profits means nothing, They should have come into profits this year at the latest and unless investors are willing to put more money I don't think they will last very long. This is a very complicated bussiness.



These are my principles but if you don't like them I have others
User currently offlineUPPERDECKFAN From Spain, joined Jun 2007, 992 posts, RR: 1
Reply 7, posted (6 years 11 months 3 weeks 4 days 11 hours ago) and read 1568 times:

Quoting Bullpitt (Reply 6):
Because they are not doing things very well

IB is not either.........don't get me wrong, I know IB plays in a diferent market, my point is that to make money you don't have to do things that well as IB case is proving.

Quoting Bullpitt (Reply 6):
This is a very complicated bussiness.

I know, but still think VY has good chance to overcome current situation, might happen with diferent ownership



744,742,741,772,773,762,732,735,738,752,727,717,DC10,DC9,M82,M87,319,320,321,343,346,L1011,CRJ2,CRJ9,E190,ATR42,DSH8,
User currently offlineAcelanzarote From Spain, joined Nov 2005, 821 posts, RR: 0
Reply 8, posted (6 years 11 months 3 weeks 4 days 10 hours ago) and read 1508 times:

Hopefully Vueling can sort themselves out, not yet had the chance to fly them but have heard
nothing bad so far....Wish the would fly to the Canaries mind!

cheers



from the Island with sun and great photo's.. Why not visit Lanzarote
User currently offlineBeaucaire From Syria, joined Sep 2003, 5252 posts, RR: 25
Reply 9, posted (6 years 11 months 3 weeks 4 days 10 hours ago) and read 1498 times:

They should stop flying in competition to existing airlines on the same routes and rather serve new destinations with lesser competition.The passenger-numbers might be smaller ,but the yield would be better.


Please respect animals - don't eat them...
User currently offlineGatoVolador From Spain, joined Apr 2007, 435 posts, RR: 1
Reply 10, posted (6 years 11 months 3 weeks 4 days 9 hours ago) and read 1474 times:

Quoting UPPERDECKFAN (Reply 5):
After all, if IB was able to turn losses into profit in just one year, why not VY can recover?

IB doesn't show a negative result since 1995. Last year it had a negative first quarter result (which is normal in IB due to the business cycle, which is weak in the 1Q each year), but then losses are covered in the 2nd, 3rd, and 4th quarter. In 2007, even the 1Q was positive.


User currently offlineSpantax From Belgium, joined Nov 2004, 323 posts, RR: 1
Reply 11, posted (6 years 11 months 3 weeks 4 days 9 hours ago) and read 1443 times:

Well, I wish sincerely that they can sort out these problems. They are a very effective and needed competitor to Iberia on the Spanish market. I've flown with them a couple of times and everything was OK


A300.10.19.20.21.30.40,AN26,ATR42,AVR146,B717.27.37.47.57.77,B1900,C130,C212,CH47,CRJ200.700,DC9,DHC4,ERJ135.190,F27
User currently offlineKnightsofmalta From Malta, joined Nov 2005, 1750 posts, RR: 18
Reply 12, posted (6 years 11 months 3 weeks 4 days 9 hours ago) and read 1415 times:

Quoting GatoVolador (Reply 10):
IB doesn't show a negative result since 1995.

I must say I find that rather hard to believe. Other than that Ib is such a useless case, the competition might do them some good!


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