Search found 135 matches

by tobsw
Wed Jul 22, 2020 3:08 pm
Forum: Civil Aviation
Topic: Spanish Aviation Thread - 2020
Replies: 193
Views: 19857

Re: Spanish Aviation Thread - 2020

Last year IB also operated 330 and 340 down to the Canaries from May - September. This year, schedule has been a mess; they started with a very low schedule, but have increased recently. They have increased significantly frequency to the Canaries - sometimes matching pre-Covid19 frequencies (like SP...

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by tobsw
Wed Jul 22, 2020 12:24 pm
Forum: Civil Aviation
Topic: Spanish Aviation Thread - 2020
Replies: 193
Views: 19857

Re: Spanish Aviation Thread - 2020

Last year IB had plans to initiate discussions to change the collective labour agreement so that IB Express could grow at a faster rate (atm, IB Express is limited to 15% (not of the IB production, it's the combined IB+IB Express production) and 1:1 32X aircraft incorporation). But at the end IB man...

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by tobsw
Sun Jul 19, 2020 1:11 pm
Forum: Civil Aviation
Topic: Updated: Virgin Atlantic creditors aprove restructuring; (files for BK in US Court)
Replies: 1516
Views: 183571

Re: Virgin Atlantic secures rescue package

There´s also an implicit message by closing borders, suggesting it´s a "foreign" problem. Remember the US started by closing the borders to almost all EU countries.

Also, a big immigration message there, with suspending current visa for highly skilled workers.

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by tobsw
Wed Jul 15, 2020 7:18 pm
Forum: Civil Aviation
Topic: TAP Portugal News and Discussion Thread
Replies: 441
Views: 29015

Re: TAP Changes Rumor

TAP has been (re)nationalised. One condition, management has to leave.

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by tobsw
Wed Jul 15, 2020 11:58 am
Forum: Civil Aviation
Topic: Updated: Virgin Atlantic creditors aprove restructuring; (files for BK in US Court)
Replies: 1516
Views: 183571

Re: Virgin Atlantic secures rescue package

Interesting article about the situation written by Robert Boyle, former IAGs strategy director. https://www.gridpoint.consulting/blog/virgin-rescue-what-has-changed Last paragraph sums it up very well: "In any event, the actual new money has reduced from an expected £450m to only £370m. More th...

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by tobsw
Wed Jul 15, 2020 8:47 am
Forum: Civil Aviation
Topic: Updated: Virgin Atlantic creditors aprove restructuring; (files for BK in US Court)
Replies: 1516
Views: 183571

Re: Virgin Atlantic secures rescue package

It appears as though the patient has been dripped some morphine but I doubt the patient will survive Covid-19 and the coming depression in air travel. This. I have no personal link to VS neither BA. But VS is in a critical condition, and the "private bail-out" is not going to make things ...

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by tobsw
Tue Jul 14, 2020 8:54 pm
Forum: Civil Aviation
Topic: Updated: Virgin Atlantic creditors aprove restructuring; (files for BK in US Court)
Replies: 1516
Views: 183571

Re: Virgin Atlantic secures rescue package

VS keeps highlighting that they plan to return to all of their 2019 destinations by 2022. Does this include EWR? Don't know whether to believe that. They should check whether their calculator is still ok. But getting rid off one third of your staff + all your 346 and 747 planes... rather difficult ...

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by tobsw
Tue Jul 14, 2020 4:44 pm
Forum: Civil Aviation
Topic: Updated: Virgin Atlantic creditors aprove restructuring; (files for BK in US Court)
Replies: 1516
Views: 183571

Re: Virgin Atlantic secures rescue package

Good points - all I’d add is that the deferrals etc do help with the cash flow over the coming months which will obviously help. I thought credit card providers were going to release funds Previously withheld as part of this deal - there is no express reference to this in the press release but I su...

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by tobsw
Tue Jul 14, 2020 2:13 pm
Forum: Civil Aviation
Topic: Updated: Virgin Atlantic creditors aprove restructuring; (files for BK in US Court)
Replies: 1516
Views: 183571

Re: Virgin Atlantic secures rescue package

They are not getting a 1.2b cash influx. Read read read. It's barely 370 million new cash. This it how the 1.2 billion sum adds up: "Shareholders are providing c.£600m in support over the life of The Plan including a £200m investment from Virgin Group , and the deferral of c.£400m of shareholde...

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by tobsw
Tue Jul 14, 2020 1:36 pm
Forum: Civil Aviation
Topic: Updated: Virgin Atlantic creditors aprove restructuring; (files for BK in US Court)
Replies: 1516
Views: 183571

Re: Virgin Atlantic secures rescue package

Not a lot of cash investment. Big chunk of the new cash (£370m) is going to pay refunds. Moreover, VS operations in the next 6 months (at least) are not going to be profitable either... so...

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by tobsw
Tue Jul 14, 2020 11:25 am
Forum: Civil Aviation
Topic: The Qatar blockade, ICJ and ICAO
Replies: 25
Views: 6745

Re: The Qatar blockade, ICJ and ICAO

Does it really matter? As long as the information is accurate, do you actually care whether you work for X, Y or Z airline, get support from X, Y or Z airline, or whatever?

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by tobsw
Mon Jul 13, 2020 2:27 pm
Forum: Civil Aviation
Topic: Transatlantic flights between US and UK in the Post Covid-19
Replies: 13
Views: 3264

Re: Transatlantic flights between US and UK in the Post Covid-19

I think counties are going to go to a testing model. Where you can enter with a negative test. Or possibly proof of a negative test before you travel And an additional test when you arrive at the destination airport. As bad a the US response has been staying isolated from the US for a year or more ...

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by tobsw
Mon Jul 13, 2020 8:42 am
Forum: Civil Aviation
Topic: Transatlantic flights between US and UK in the Post Covid-19
Replies: 13
Views: 3264

Re: Transatlantic flights between US and UK in the Post Covid-19

We are, by no means, in a post-COVID-19 era. We are right in the middle of COVID-19. Predicting passenger traffic and route performance is almost impossible. My prediction, however, is that the winter season will be a total disaster for aviation - as border restrictions won't be lifted that easily. ...

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by tobsw
Wed Jul 08, 2020 5:59 pm
Forum: Civil Aviation
Topic: LEVEL France to cease flying
Replies: 16
Views: 4262

Re: LEVEL France to cease flying

As long as in Spain the special COVID-19 furlough benefit is in place, I doubt IAG will fold that project. There are now discussions whether to extend the special furlough benefit into 2021 for the most affected industries. Once the furlough benefit is over and IB is actually firing staff in Spain, ...

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by tobsw
Wed Jul 01, 2020 10:17 am
Forum: Civil Aviation
Topic: Future of IAG post-pandemic
Replies: 55
Views: 6699

Re: Future of IAG post-pandemic

If the 80/20 rule keeps on being suspended, it is possible an airline that wants slots goes to court The regulation is about the requirement to keep the right to use the slot in future seasons. Nothing to do with new slot assignments. If the executive power decides to suspend the rule, based on dem...

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by tobsw
Wed Jul 01, 2020 10:01 am
Forum: Civil Aviation
Topic: Future of IAG post-pandemic
Replies: 55
Views: 6699

Re: Future of IAG post-pandemic

I imagine de 80/20 slot rule exemption will be extended to include NW20/21 season. Probably the first 3-4 months of the NS20/21 season as well. I guess no Government wants to have planes flying just for the sake of it.

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by tobsw
Wed Jul 01, 2020 9:15 am
Forum: Civil Aviation
Topic: Future of IAG post-pandemic
Replies: 55
Views: 6699

Re: Future of IAG post-pandemic

Vaccine developments are not taking any short-cuts. From authorities and Government institutions, paperwork for COVID-19 vaccine development is being prioritised, but NO short-cuts are being made in the actual development. A vaccine needs to be efficient (needs to provide immunity), reliable (that i...

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by tobsw
Tue Jun 23, 2020 11:59 am
Forum: Civil Aviation
Topic: IB announces the retirement of A346 fleet
Replies: 90
Views: 19767

Re: IB announces the retirement of A346 fleet

I don't know enough about IB to dispute all your statements here however firstly, I don't think IB has ever proclaimed to be a go to carrier for intra-european connections. International connections on the other hand, it serves very well, in particular in better times, to South America. I only poin...

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by tobsw
Tue Jun 23, 2020 7:49 am
Forum: Civil Aviation
Topic: IB announces the retirement of A346 fleet
Replies: 90
Views: 19767

Re: IB announces the retirement of A346 fleet

Connections while borders are closed are irrelevant. The main issue is exactly that: borders are closed at both ends of the Atlantic. No matter how many connecting feeders you have, it's irrelevant. In fact, some of the Latam destinations, like Quito have a bizarre schedule: they leave MAD at 23:55 ...

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by tobsw
Mon Jun 22, 2020 2:20 pm
Forum: Civil Aviation
Topic: IB announces the retirement of A346 fleet
Replies: 90
Views: 19767

Re: IB announces the retirement of A346 fleet

Let me be clear, I think demand will recover soon enough for IB to resume long haul only to some extent. I'm not thinking IB will be 3xdaily to EZE, or 2xdaily to BOG and MEX, or will resume BOS or LAX any time soon, but I think 1xdaily to their largest markets in LatAm and US will be back as soon ...

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by tobsw
Mon Jun 22, 2020 12:05 pm
Forum: Civil Aviation
Topic: IB announces the retirement of A346 fleet
Replies: 90
Views: 19767

Re: IB announces the retirement of A346 fleet

Talking of post-COVID-19 situation is useless... as that situation will only happen IF vaccine/antiviral treatment is found (or globally, herd immunity is achieved). In essence, we are a LONG way (1, 2, 3 o 5 years) to a post-COVID-19. IF you talk about IB long haul plans during COVID-19... I'm pret...

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by tobsw
Thu Jun 18, 2020 1:17 pm
Forum: Civil Aviation
Topic: ANISEC - Level Europe in Administration
Replies: 30
Views: 5876

Re: ANISEC - Level Europe in Administration

JeremyXWB wrote:
So LEVEL becomes the first casualty of the VIE bloodbath


easyJet were the first group leaving Vienna.

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by tobsw
Wed May 13, 2020 2:54 pm
Forum: Civil Aviation
Topic: Updated: Virgin Atlantic creditors aprove restructuring; (files for BK in US Court)
Replies: 1516
Views: 183571

Re: Virgin Atlantic needs government support?

I said this before but here we go again. In the next 3 years: Is BA going to send 4 huge jets to Boston? NO. Is BA going to send 6-8 huge jets to NYC? NO. Is BA going to decrease its flights/capacity to Miami? YES. Same for LAX and SFO. These are high yielding lucrative markets where BA's cuts give...

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by tobsw
Thu May 07, 2020 12:18 pm
Forum: Civil Aviation
Topic: IAG Post Covid Fleet Plan Summary
Replies: 66
Views: 13238

Re: IAG Post Covid Fleet Plan Summary

https://cincodias.elpais.com/cincodias/ ... 33804.html
-->

Spanish press publishing something similar "BA and Vueling will make workforce adjustment to adapt to three years of low demand".

https://cincodias.elpais.com/cincodias/ ... 33804.html

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by tobsw
Wed May 06, 2020 9:42 pm
Forum: Civil Aviation
Topic: Rumour: IAG and EY interested in creating a hub at VIE
Replies: 118
Views: 21565

Re: IAG or Etihad possibly taking over OS

Oh dear, hope OS doesn´t fall in IAGs hands... it will just be sandwiched by LH Group.

Not that I don´t like the idea, but I don´t see OS surviving under anything but LH Group,

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by tobsw
Fri May 01, 2020 5:50 pm
Forum: Civil Aviation
Topic: Iberia & Vueling secure €1 Bil Spanish gov't loans
Replies: 18
Views: 2519

Re: IAG secures $1.1 billion government backed loan in Spain

It´s free money, so why not take it to pay off other (more expensive) loans?

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by tobsw
Fri May 01, 2020 2:24 pm
Forum: Civil Aviation
Topic: Iberia & Vueling secure €1 Bil Spanish gov't loans
Replies: 18
Views: 2519

Re: IAG secures $1.1 billion government backed loan in Spain

The loans are ring-fenced anyway.

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by tobsw
Sun Apr 26, 2020 8:36 am
Forum: Civil Aviation
Topic: Spanish Aviation Thread - 2020
Replies: 193
Views: 19857

Re: Spanish Aviation Thread - 2020

Embajador3 wrote:
UX as a separate company does not.


You can find Air Europa financial results within the Globalia accounts. If you are lazy, just type "Air Europa beneficios 20XX" and follow links to any reputable financial newspaper.

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by tobsw
Sun Apr 26, 2020 7:30 am
Forum: Civil Aviation
Topic: Spanish Aviation Thread - 2020
Replies: 193
Views: 19857

Re: Spanish Aviation Thread - 2020

The buying is made by Iberia, and not by IAG! It could be even trickier... if Air Europa has had losses in the past years, it could make more sense (tax reasons) for the group to make Air Europa merge with IB absorbing Iberia OpCo.... IB OpCo past years results are public since it consolidates with...

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by tobsw
Sat Apr 25, 2020 11:45 am
Forum: Civil Aviation
Topic: Spanish Aviation Thread - 2020
Replies: 193
Views: 19857

Re: Spanish Aviation Thread - 2020

The buying is made by Iberia, and not by IAG! Agreement for the acquisition of Air Europa for €1 billion International Consolidated Airlines Group ("IAG") and Globalia ("Globalia") are pleased to announce that definitive transaction agreements have been signed under which IAG’s ...

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by tobsw
Sat Apr 25, 2020 11:33 am
Forum: Civil Aviation
Topic: Updated: Virgin Atlantic creditors aprove restructuring; (files for BK in US Court)
Replies: 1516
Views: 183571

Re: Virgin Atlantic needs government support?

Virgin is the second legacy player in the UK, they are milles away from BA in terms of connectivity and I'd say the same when it comes to compare the number of Virgin employees or passengers. Before coronavirus, it was already a very challenging time for those "second players" in Europe. ...

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by tobsw
Thu Apr 23, 2020 12:10 pm
Forum: Civil Aviation
Topic: Updated: Virgin Atlantic creditors aprove restructuring; (files for BK in US Court)
Replies: 1516
Views: 183571

Re: Virgin Atlantic needs government support?

Virgin Atlantic Owes Delta $200 Million, Won’t Receive Cash From U.S. Shareholder "But Delta will not be providing Virgin Atlantic any financial assistance. It is Delta expecting cash: Virgin has to pay Delta $200 million related to their joint-venture, the airlines agreed earlier this year.&qu...

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by tobsw
Thu Mar 12, 2020 4:40 pm
Forum: Civil Aviation
Topic: DY Financial Discussion - 2020
Replies: 603
Views: 149695

Re: DY about to go bust?

Norwegian to suspend more than 4000 flights and implement layoffs 40 percent of long-haul capacity to be cancelled From March 13th to March 29th, we will cancel the majority of our long-haul flights to the U.S. from Amsterdam, Madrid, Oslo, Stockholm, Barcelona and Paris. From March 13th to the end ...

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by tobsw
Wed Mar 11, 2020 5:35 pm
Forum: Civil Aviation
Topic: DY Financial Discussion - 2020
Replies: 603
Views: 149695

Re: DY about to go bust?

The govt should not allow selling below cost.". Define below cost though. Airline margins are thin. Most profitable LCCs lose money on the flying part and make it up on the ancillary charges. And on say an average fare of 100 you might be Breakeven at a load factor of 80, very profitable at 10...

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by tobsw
Fri Mar 06, 2020 1:23 pm
Forum: Civil Aviation
Topic: DY Financial Discussion - 2020
Replies: 603
Views: 149695

Re: DY about to go bust?

LEVEL France has never used the OS IATA code. OS belongs to Austrian. They did use the EC code, however. When IAG decided to repurpose BA Openskies as LEVEL they assumed the LV code. I don't think its fair to compare BA Openskies with LEVEL France, Openskies was a full service airline competing for...

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by tobsw
Thu Mar 05, 2020 4:44 pm
Forum: Civil Aviation
Topic: DY Financial Discussion - 2020
Replies: 603
Views: 149695

Re: DY about to go bust?

Since we are getting facts straight. I don't see any flights from SFO to LGW on any IAG carrier, so how I am I supposed to do the comparison you have requested for me to do? LGW-SFO vs LHR-SFO But if you really want to do direct comparisons, check LEVEL vs Norwegian to/from Barcelona. You will be s...

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by tobsw
Thu Mar 05, 2020 4:23 pm
Forum: Civil Aviation
Topic: DY Financial Discussion - 2020
Replies: 603
Views: 149695

Re: DY about to go bust?

The point is the same whether it is BA or Level. They are both units of IAG. It's irrelevant what the paint scheme was. The point is the same. It's importante to get facts right. The service BA provided on the LGW-OAK was far away from the service DY or Level offers. BA LGW-OAK was a BA flights, on...

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by tobsw
Thu Mar 05, 2020 4:05 pm
Forum: Civil Aviation
Topic: DY Financial Discussion - 2020
Replies: 603
Views: 149695

Re: DY about to go bust?

SQ789 wrote:
At the end of March, DY is also cutting it's MAD last long haul routes and will fly OSL-MAD route only.


They are flying MAD-LAX over de summer 20 and winter 20/21 seasons. They are stopping MAD-JFK with the start of 20 summer season.

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by tobsw
Thu Mar 05, 2020 3:38 pm
Forum: Civil Aviation
Topic: DY Financial Discussion - 2020
Replies: 603
Views: 149695

Re: DY about to go bust?

LEVEL did not and does not fly LGW-OAK. Some neuronal short circuit there. IAG/BA/Level. Whatever. Same thing. The Level brand even used the BA IATA code for part of its history so the line is a thin one. No. That's not correct, unless you can prove otherwise. LEVEL Spain has always used IB. LEVEL ...

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by tobsw
Thu Mar 05, 2020 3:05 pm
Forum: Civil Aviation
Topic: DY Financial Discussion - 2020
Replies: 603
Views: 149695

Re: DY about to go bust?

LEVEL did not and does not fly LGW-OAK. Some neuronal short circuit there.

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by tobsw
Thu Mar 05, 2020 1:24 pm
Forum: Civil Aviation
Topic: DY Financial Discussion - 2020
Replies: 603
Views: 149695

Re: DY about to go bust?

^^ Would you please edit your comment? I find it really difficult to follow AND I cannot take any message you are trying to pass. TA

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by tobsw
Wed Feb 26, 2020 10:54 am
Forum: Civil Aviation
Topic: DY Financial Discussion - 2020
Replies: 603
Views: 149695

Re: DY about to go bust?

Do you have any source?

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by tobsw
Tue Feb 25, 2020 9:05 pm
Forum: Civil Aviation
Topic: TAP Portugal News and Discussion Thread
Replies: 441
Views: 29015

Re: TAP post 1H 2019 loss; government pushes Neeleman to sell stake

The brand is TAP Air Portugal. TAP stands for Transportes Aéreos Portugueses. Hence, the branding is redundant; but it is how it is.

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by tobsw
Wed Feb 19, 2020 9:05 am
Forum: Civil Aviation
Topic: TAP Portugal News and Discussion Thread
Replies: 441
Views: 29015

Re: TP new routes, rumors.

I don't understand how it would help them? If they ally with, say, TK to transfer people, those would need to fly XXX-IST-LIS-YYY. So it would be a two-stops journey, which is no better than what most alliances can already offer. And I guess it would be of very limited interest to TK, to which it w...

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by tobsw
Thu Feb 13, 2020 1:18 pm
Forum: Civil Aviation
Topic: Spanish Aviation Thread - 2020
Replies: 193
Views: 19857

Re: Spanish Aviation Thread - 2020

upperdeckfan wrote:
Spanish aviation will be much different from today once UX takeover by IB takes place.


Is this going to happen, after all?

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by tobsw
Thu Jan 30, 2020 1:45 pm
Forum: Civil Aviation
Topic: Air Nostrum's big domestic expansion S20. Getting ready for the end of Iberia Regional?
Replies: 4
Views: 1583

Re: Air Nostrum's big domestic expansion S20. Getting ready for the end of Iberia Regional?

The relevancy of all of this is the contract IB and Air Nostrum have. I don't know when it's expiring, whether they can brake it unilaterally. Finally, God knows what's happening with IB and UX. According to recent reports, IB hasn't provided Competition Authorities with the relevant paperwork. Ever...

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by tobsw
Sat Jan 25, 2020 1:59 pm
Forum: Civil Aviation
Topic: Iberia's 20 plans for 2020
Replies: 36
Views: 7846

Re: Iberia's 20 plans for 2020

From my own personal experience, and my biggest bug bear, IB need to sort out it’s ground services and flight crews. A former employer of mine said “People are our greatest asset”; IB ground/flight crews come across as unresponsive and rude. This is something it will take years to sort out. It´s ba...

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by tobsw
Fri Jan 24, 2020 9:29 pm
Forum: Civil Aviation
Topic: Boeing 777-9 first flight 25 January 2020
Replies: 970
Views: 80744

Re: Boeing 777-9 first flight 24 January 2020 (weather permitting)

A scam? Who is scamming whom? That Boeing would choose the more risk-averse strategy of NOT flying the aircraft in adverse conditions is encouraging. They knew of the adverse weather conditions, at least, since tuestday. That´s what the weather forecast was. It´s absolutely ridiculous. BAD planning...

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by tobsw
Fri Jan 24, 2020 9:26 pm
Forum: Civil Aviation
Topic: Boeing 777-9 first flight 25 January 2020
Replies: 970
Views: 80744

Re: Boeing 777-9 first flight 24 January 2020 (weather permitting)

They knew of the adverse weather conditions, at least, since tuestday. That´s what the weather forecast was. It´s absolutely ridiculous. BAD planning. So, we have the upside of potentially getting the first flight accomplished and thus starting the flight test part of the program, versus the downsi...

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