Alasdair1982 From UK - Scotland, joined Mar 2008, 468 posts, RR: 0 Posted (5 years 10 months 4 weeks 1 day 16 hours ago) and read 4908 times:
The Tonight show ran a special there about the "end" of low cost airlines. Interviews with various industry experts and spokes people etc whilst standing beside a plain white 747 which has its engines on both wings attached to each other and connected to the same mount? if that make sense
Yak42 From Ireland, joined Oct 2000, 801 posts, RR: 6
Reply 6, posted (5 years 10 months 4 weeks 17 hours ago) and read 3814 times:
Easyjet certainly isnt suffering with profits and passengers up on a year ago. Im sure it will eventually be tough on the whole industry but I would have said it would be tougher on legacy carriers (Aer Lingus feeling the pinch already). Some badly financed fledgeling LCCs are foldng, but thats because they are small and vulnerable and starting up in a hostile trading environment not because they are low cost.
NEMA From United Kingdom, joined Feb 2006, 711 posts, RR: 0
Reply 7, posted (5 years 10 months 4 weeks 16 hours ago) and read 3445 times:
Quoting Larshjort (Reply 1): It's a 747 used for the James Bond movie Casino Royale
In addition to the Bond movie fame, It also has some fame on this site. Every now and then someone who hasnt seen it before pops up with a 'Whats That'? Its a bit like that image of a tri-engined 747 that keeps popping up on here every few months.
I never realised it is the one seen in the background on Top Gear, i never seem to get more than a split second view of it in the far distance. Didnt know it was parked at that airfield either.
There isnt really a dark side to the moon, as a matter of fact its all dark!
Rutankrd From United Kingdom, joined Sep 2003, 2963 posts, RR: 7
Reply 13, posted (5 years 10 months 4 weeks 15 hours ago) and read 3263 times:
My mistake also get those Motoring shows confused .
Top Gear (the original on BBC ) - with Jeremy Clarkson, That upper class twit (name can't remember) and Hamster (Hammond !) oh and a guy in a racing suit (the Stigg or some such) and an occasional Germany bit of totty with a name similar to a defunct Belgian airline !
Fifth Gear (the me too programme with Vicki Butler-Henderson, Tiff something or other and a hairy biker type i don't know !
VV701 From United Kingdom, joined Aug 2005, 7401 posts, RR: 17
Reply 14, posted (5 years 10 months 4 weeks 11 hours ago) and read 3127 times:
Quoting Danfearn77 (Reply 12): Quoting RJ111 (Reply 5):
What was their argument about the end of LCCs? If anything i think they will get stronger in today's climate.
Haha...whats the price of oil again?
High but every airline pays the same price (hedging aside).
Have to agree with RJ111, i can see them getting stronger, by that i mean the well established ones. With higher fares people will turn to LCC's more and more.
The argument for high oil prices killing off LCC's - correctly or incorrectly - is that with oil prices taking an increasing slice of all airlines' operating costs and with all airlines equally affected the pricing differential between an LCC and a full-service carrier diminishes.
The argument for high oil prices killing off full-service carriers - correctly or incorrectly - is that as high oil prices force fare prices higher passengers will increasingly seek out the lowest possible fare even if it is only fractionally lower.
You pays your money and takes your choice. But we have seen three TATL low cost premium class carriers (Eos, Maxjet and Silverjet) and the only (?) two long haul LCCs (Oasis and Zoom) go to the wall.
But on short haul it might be different. However with so many variations in the forward positions taken by airlines on fuel prices it might take a little time to unwind. Currently I would say that those airlines that have best judged the future fuel prices are those in the best position.
LHR777 From , joined Dec 1969, posts, RR:
Reply 16, posted (5 years 10 months 4 weeks 2 hours ago) and read 2917 times:
Quoting Rutankrd (Reply 13): Top Gear (the original on BBC ) - with Jeremy Clarkson, That upper class twit (name can't remember) and Hamster (Hammond !) oh and a guy in a racing suit (the Stigg or some such) and an occasional Germany bit of totty with a name similar to a defunct Belgian airline !
Top Gear - Jeremy Clarkson, James May, Richard Hammond, The Stig, and the german girl is Sabine Schmitz, who has appeared in four episodes of the show.
Quoting Rutankrd (Reply 13): Fifth Gear (the me too programme with Vicki Butler-Henderson, Tiff something or other and a hairy biker type i don't know !
Fifth Gear - Vicki Butler-Henderson, Tom Ford, Tiff Needell, Jason Plato, Jonny Smith and Tim Shaw.
Leezyjet From United Kingdom, joined Oct 2001, 4041 posts, RR: 53
Reply 17, posted (5 years 10 months 3 weeks 6 days 23 hours ago) and read 2762 times:
Quoting VV701 (Reply 14): You pays your money and takes your choice. But we have seen three TATL low cost premium class carriers (Eos, Maxjet and Silverjet) and the only (?) two long haul LCCs (Oasis and Zoom) go to the wall.
And that also shows that the Business class only model as well as the l/haul low cost model doesn't really work for a stand alone carrier.
Airlines like LH and BA, have revenue streams coming in from many other areas so can afford to off set the costs of their Business only models, and in BA's case, the 757's were due to leave the fleet shortly anyway and didn't really have much of a use since they can't use T5 (which is a really stupid idea IMHO - but thats another thread), and as they have been paid for a long time ago, it hasn't really cost BA all that much to start up Openskies - just the cost of the re-furb of the a/c and the slots at either end, so it should be able to make a profit fairly quickly as start up costs were low in comparison to a new airline trying to operate a similar service.
I would also imagine that it is hard to tempt big business away from the bigger legacy carriers, as huge corporate accounts like all the perks they get such as ff miles for their staff and so on, as well as what the airlines offer behind the scenes to win the business in the first place, that the smaller niche carrier cannot compete with as they have a limited route network. That would then lead me to believe that the passengers they attract would be from much smaller companies where money really does matter, and who's staff would normally travel in Y on a legacy carrier, and who in turn don't spend such huge amounts as the corporate conglomerates.
The l/haul lo-co model also doesn't work, as we have seen as soon as oil goes up, it is no longer sustainable to operate the routes and make a profit as fuel is one of your biggest costs, however a large lo-co such as Ryanair or Easyjet could possibly do it, as again they have revenue streams from other short haul flights that could offfset the costs, but as neither have even made any attempts (aside from some talk from MOL and EasyAtlantic being registered as a company), we could also assume they have crunched the numbers and cannot make it work, even in the boom of a few years ago.
"She Rolls, 45 knots, 90, 135, nose comes up to 20 degrees, she's airborne - She flies, Concorde Flies"