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Is ANY European Carrier Stable/out Of Trouble?  
User currently offlineLO231 From Belgium, joined Sep 2004, 2392 posts, RR: 23
Posted (1 year 8 months 4 weeks 1 day 4 hours ago) and read 9260 times:

I was just wondering, left and right we are bombarded with bad financial results etc.

My shocker for 2012 was Malev.

Is there a sunny side to all the listings?

Any thoughts appreciated.

Rgds,

LO231


Got both LO 788 frames already, next LO E95 and 734 BRU-WAW-BRU
27 replies: All unread, showing first 25:
 
User currently offlinenorthstardc4m From Canada, joined Apr 2000, 3038 posts, RR: 36
Reply 1, posted (1 year 8 months 4 weeks 1 day 4 hours ago) and read 9253 times:
AIRLINERS.NET CREW
CHAT OPERATOR

Well Ryanair is profitable...   


Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety.
User currently offlineLO231 From Belgium, joined Sep 2004, 2392 posts, RR: 23
Reply 2, posted (1 year 8 months 4 weeks 1 day 4 hours ago) and read 9183 times:

Quoting northstardc4m (Reply 1):

  Let's call 'em United European, lose all the rest and be happy.  

Somehow I'm not tempted by flying from inbetween cow fields to between shopping malls runways...

Next I know, I live next to ANR- Brussels North International...



Got both LO 788 frames already, next LO E95 and 734 BRU-WAW-BRU
User currently offlineDolphinAir747 From United States of America, joined Jun 2012, 312 posts, RR: 0
Reply 3, posted (1 year 8 months 4 weeks 1 day 4 hours ago) and read 9136 times:

TK seems to be doing well...

What about LH, especially LX?


User currently offlineHELyes From Finland, joined Oct 2010, 961 posts, RR: 1
Reply 4, posted (1 year 8 months 4 weeks 1 day 4 hours ago) and read 9046 times:

Finnair have their own troubles, but they are expected show profit from 2012, the numbers will be out next week.

User currently offlinePHX787 From Japan, joined Mar 2012, 7757 posts, RR: 18
Reply 5, posted (1 year 8 months 4 weeks 1 day 4 hours ago) and read 9028 times:

Quoting northstardc4m (Reply 1):

Well Ryanair is profitable...


Unfortunately. Lol

Isn't BA profitable? If they weren't connected at the hip to IB

In my opinion:
BA
LH
TK
will do well this year. Others may but I don't know about them well enough to give an opinion.



我思うゆえに我あり。(Jap. 'I think, therefore I am.')
User currently offlineLOWS From Austria, joined Oct 2011, 1168 posts, RR: 1
Reply 6, posted (1 year 8 months 4 weeks 1 day 4 hours ago) and read 8970 times:

Quoting DolphinAir747 (Reply 3):
What about LH

Problems with *cough* OS and their stake in SN.

OS is making a lot of progress, they just launched the brand new interiors for the 767 and 777, and finances are better since the transfer of operations to VO.


User currently offlineBurkhard From Germany, joined Nov 2006, 4401 posts, RR: 2
Reply 7, posted (1 year 8 months 4 weeks 1 day 3 hours ago) and read 8785 times:

I would say LH isn't in Trouble. The have a lot of work to do, but starting from half a Billion annual Profit is not really a Problem.

User currently offlineScottishDavie From UK - Scotland, joined Feb 2011, 185 posts, RR: 0
Reply 8, posted (1 year 8 months 4 weeks 1 day 3 hours ago) and read 8623 times:

U2 made a net profit of GBP 255,000,000 in the financial year ended 30 September 2012. I'm no financial expert but I'd say that looks pretty good going.

http://2012annualreport.easyjet.com/...ormance-risk/financial-review.aspx


User currently offlineEagleBoy From Niue, joined Dec 2009, 1853 posts, RR: 2
Reply 9, posted (1 year 8 months 4 weeks 1 day 2 hours ago) and read 8490 times:
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I previously read that only 3 European airlines are currently profitable on shorthaul.........

FR, EI are 2, and I don't know the other. With the above post can it be true that only these 3 are profitable on shorthaul.
(Obviously larger network carriers make their money from longhaul....I'm looking at you BA)

I assume we will see all the 2012 full year results published over the next few weeks, will be interesting to see which carriers are profitable and/or stabilsing. (Losses can also point to a restructuring program under way...ie Air Berlin)


User currently offlineViscount724 From Switzerland, joined Oct 2006, 25653 posts, RR: 22
Reply 10, posted (1 year 8 months 4 weeks 1 day 2 hours ago) and read 8385 times:

Ryanair is forecasting a ful year profit after tax of around 540 million euros (around $728 million) for their financial year which ends March 31. That's close to $2 million net profit every day.

User currently offlineSCQ83 From United States of America, joined Oct 2012, 1034 posts, RR: 0
Reply 11, posted (1 year 8 months 4 weeks 1 day 2 hours ago) and read 8291 times:

Vueling is profitable and has short-haul only too.

User currently offlinemozart From Luxembourg, joined Aug 2003, 2190 posts, RR: 13
Reply 12, posted (1 year 8 months 4 weeks 17 hours ago) and read 7837 times:

What about Norwegian? Aren't they doing well?

Swiss is doing well, actually lifts up the entire LH group results.

Also some smaller airlines are doing fine (Darwin and the likes), whilts others go bust (OLT)


User currently offlineely747 From Slovakia, joined Jan 2013, 140 posts, RR: 0
Reply 13, posted (1 year 8 months 4 weeks 15 hours ago) and read 7471 times:

FI achieved strong results in 2012 as well

http://www.icelandairgroup.com/servl..._ENT_ID=650300&COLLSPEC_ENT_ID=808


User currently offlinesteffenbn From Denmark, joined Apr 2010, 263 posts, RR: 0
Reply 14, posted (1 year 8 months 4 weeks 15 hours ago) and read 7089 times:

EZ has also posted great profits again this year!

Sorry for the Danish link, couldn't find an English version. http://www.sun-air.dk/cms.cfm?nPageNo=72615





[Edited 2013-01-30 02:10:41]


A330, A319, 737,738,752,763,763ER,764ER,777-200LR
User currently offlineEagleBoy From Niue, joined Dec 2009, 1853 posts, RR: 2
Reply 15, posted (1 year 8 months 4 weeks 14 hours ago) and read 6956 times:
Support Airliners.net - become a First Class Member!

So not all doom and gloom in Europe?

User currently offlinekjellverschuren From Netherlands, joined Jul 2012, 10 posts, RR: 0
Reply 16, posted (1 year 8 months 4 weeks 13 hours ago) and read 6232 times:

Kl is doing good right? The combination with AF however..

User currently onlineVV701 From United Kingdom, joined Aug 2005, 7625 posts, RR: 17
Reply 17, posted (1 year 8 months 4 weeks 10 hours ago) and read 5050 times:

Nineteen out of nineteen analysts are currently forecasting that IAG will declare a profit for 2012. According to Reuters here:

http://www.reuters.com/finance/stocks/analyst?symbol=ICAG.L

these 19 are forecasting a profit per share of a low of 0.02, a high of 0.28 and a mean of 0.14 euros per share. This compares with a declared profit per share of 0.21 euros for 2011 when IAG made an operating profit of 485 million euros.

Considering the problems that IB have been experiencing recently and the costs BA must have incurred in operating loss making BD's timetable from 20 April to 27 October 2012 in parallel with their own (with flights to the same destination sometimes as close as 10 minutes apart) this looks likely to be an outstanding performance unless 19 different analysts have got it entirely wrong.


User currently offlineSRQKEF From Iceland, joined Jun 2011, 886 posts, RR: 1
Reply 18, posted (1 year 8 months 4 weeks 10 hours ago) and read 4641 times:

Quoting ely747 (Reply 13):

I was going to mention Icelandair but you beat me to it! Consecutive profits from 2010, had a rough time in 2009 just after the collapse of the banks but rose from the dust and is doing great.

Isn't Norwegian also doing great?

Regards,
Sveinn  



Flights flown: 284 - Airlines: 40 - Airports: 65 - Next flights: BOS-EWR-PBI-TPA/SFB-KEF
User currently offline1400mph From United Kingdom, joined Jan 2013, 1055 posts, RR: 0
Reply 19, posted (1 year 8 months 4 weeks 9 hours ago) and read 4491 times:
Support Airliners.net - become a First Class Member!

Quoting VV701 (Reply 17):
Considering the problems that IB have been experiencing recently and the costs BA must have incurred in operating loss making BD's timetable from 20 April to 27 October 2012 in parallel with their own (with flights to the same destination sometimes as close as 10 minutes apart) this looks likely to be an outstanding performance unless

Good point !!


User currently offlineFallap From Denmark, joined Jan 2009, 346 posts, RR: 0
Reply 20, posted (1 year 8 months 4 weeks 9 hours ago) and read 4414 times:

I'll bet that SK will be in trouble again this year.

User currently offlineHarmonium From Denmark, joined Feb 2012, 89 posts, RR: 0
Reply 21, posted (1 year 8 months 4 weeks 7 hours ago) and read 3610 times:

Quoting Fallap (Reply 20):

I'll bet that SK will be in trouble again this year

Yep, I think we'll see another major crisis for SK. The sale of Wideroe was supposed to bring in 1,5 billion Danish Kroner, but from what I've read the high bid right now is 550 million Danish Kroner.. That leaves out a whopping hole in the expected 2,6 billion Danish Kroner that SK were to find if the company should keep running. Also, both the sales of Wideroe and SAS Ground Handling are both seemingly stalled, with every potential buyer well knowing that they have the benefit since SK are under time pressure to get both sold.

Quoting SRQKEF (Reply 18):
Isn't Norwegian also doing great?
Quoting mozart (Reply 12):
What about Norwegian? Aren't they doing well?

Financially, DY are doing fine. But they have a few may-become-problems underway. Norwegian Government denied them the right to use foreign staff on the 787 - and the 787 itself isn't doing all too well, as we all know.


User currently offlineBurkhard From Germany, joined Nov 2006, 4401 posts, RR: 2
Reply 22, posted (1 year 8 months 4 weeks 7 hours ago) and read 3492 times:

Quoting EagleBoy (Reply 15):
So not all doom and gloom in Europe?

How should? Europe is doing very well currently, only in Southern Europe some local governments are in trouble.


User currently offlineLOWS From Austria, joined Oct 2011, 1168 posts, RR: 1
Reply 23, posted (1 year 8 months 4 weeks 6 hours ago) and read 3190 times:

Quoting Harmonium (Reply 21):
Norwegian Government denied them the right to use foreign staff

And rightly so, legally that could have been incredibly complicated, for the work visas and stay permits for staff that would only be staying in Oslo for short periods of time.

Not to mention any potential language issues.


User currently offlineely747 From Slovakia, joined Jan 2013, 140 posts, RR: 0
Reply 24, posted (1 year 8 months 4 weeks 5 hours ago) and read 2835 times:

Quoting Burkhard (Reply 22):

I like the sound of it "some local governments are in trouble"


25 UALWN : Moslty due to the misguided economical policies dictated by some local governments in Northern Europe...
26 ely747 : Just to put some minds at rest. This is an airliner forume, let's all keep it that way and avoid being dragged into the politics.
27 adriaticflight : Of the big boys Aerofloft is doing well it seems. My bets for closure in 2013 are Adria of Slovenia and perhaps CSA (would be a big one..but it's sort
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