bullpitt
Posts: 757
Joined: Sat Mar 06, 2004 7:09 am

Vueling Presents Big Loses

Sun Aug 05, 2007 5:38 pm

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
 
PlaneHunter
Posts: 6530
Joined: Tue Mar 14, 2006 3:17 am

RE: Vueling Presents Big Loses

Sun Aug 05, 2007 5:43 pm

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!
 
bullpitt
Posts: 757
Joined: Sat Mar 06, 2004 7:09 am

RE: Vueling Presents Big Loses

Sun Aug 05, 2007 5:53 pm

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
 
SJOtoLIR
Posts: 2605
Joined: Thu Jul 19, 2007 12:41 pm

RE: Vueling Presents Big Loses

Mon Aug 06, 2007 1:19 am

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"
 
Humberside
Posts: 3227
Joined: Sun Jan 01, 2006 12:44 am

RE: Vueling Presents Big Loses

Mon Aug 06, 2007 6:29 am

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
 
upperdeckfan
Posts: 513
Joined: Fri Jun 08, 2007 1:59 am

RE: Vueling Presents Big Loses

Mon Aug 06, 2007 10:05 pm

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?
748,744,742,741,772,773,762,763,732,735,738,739,752,722,717,74M,DC10,DC9,M82,M87,M88,310,319,320,321,332,333, 343,346,388,L1011,CR2,CR9,CR10,E175,E190,ATR42,DSH8
 
bullpitt
Posts: 757
Joined: Sat Mar 06, 2004 7:09 am

RE: Vueling Presents Big Loses

Mon Aug 06, 2007 10:12 pm

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
 
upperdeckfan
Posts: 513
Joined: Fri Jun 08, 2007 1:59 am

RE: Vueling Presents Big Loses

Tue Aug 07, 2007 12:14 am

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
748,744,742,741,772,773,762,763,732,735,738,739,752,722,717,74M,DC10,DC9,M82,M87,M88,310,319,320,321,332,333, 343,346,388,L1011,CR2,CR9,CR10,E175,E190,ATR42,DSH8
 
acelanzarote
Posts: 458
Joined: Wed Nov 09, 2005 10:52 pm

RE: Vueling Presents Big Loses

Tue Aug 07, 2007 1:51 am

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
 
Beaucaire
Posts: 3888
Joined: Sun Sep 14, 2003 4:48 am

RE: Vueling Presents Big Loses

Tue Aug 07, 2007 1:55 am

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...
 
GatoVolador
Posts: 139
Joined: Fri Apr 20, 2007 7:17 am

RE: Vueling Presents Big Loses

Tue Aug 07, 2007 2:05 am

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.
 
spantax
Posts: 305
Joined: Fri Nov 05, 2004 4:44 pm

RE: Vueling Presents Big Loses

Tue Aug 07, 2007 2:26 am

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
 
Knightsofmalta
Posts: 1741
Joined: Fri Nov 25, 2005 10:51 pm

RE: Vueling Presents Big Loses

Tue Aug 07, 2007 2:52 am

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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