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nema
Topic Author
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Flybe Still Using Embraer 195's

Tue Mar 08, 2016 9:38 am

A post on here in 2014 said that Flybe were ditching the Embraer 195's and, i had read their Chairman's comments to the same effect. Yet here we are two years later and they still have 9 in operation. Ive just booked an October flight on one from DSA to AGP.

So have their intentions changed with these models or are they still looking to unload?

Here's that original post..

Flybe Is Ditching All The Embraer 195's (by zipsy Feb 13 2014 in Civil Aviation)
There isnt really a dark side to the moon, as a matter of fact its all dark!
 
PlymSpotter
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RE: Flybe Still Using Embraer 195's

Tue Mar 08, 2016 9:51 am

They can't shift the aircraft or renegotiate the leases, so are paying in the region of £250k a month per frame even if they park them. With Fuel being so much cheaper, it makes more sense to fly them again and return to their previous operational model.


Dan  
...love is just a camouflage for what resembles rage again...
 
factsonly
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RE: Flybe Still Using Embraer 195's

Tue Mar 08, 2016 10:45 am

It seems FlyBe will base its Emb195 fleet as follows in S16:

- 2x Emb195 in Doncaster
- 2x Emb195 in Cardif
- 2x Emb195 in Birmingham
- 2x Emb195 in Southampton

Possibly more elsewhere.
 
bmibaby737
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RE: Flybe Still Using Embraer 195's

Tue Mar 08, 2016 10:47 am

Here's a press-release from November that explains a little about why they're still in the fleet.

Since the announcement below, Southampton will also see a E195 during the summer operating to Spain but will be one of the Manchester airframes below.

Source: http://www.londonstockexchange.com/e...ket-news-detail/FLYB/12562924.html

2 November 2015

FLYBE ANNOUNCES THE COMPLETION OF PROJECT BLACKBIRD, WITH THE REDEPLOYMENT OF ALL REMAINING SURPLUS JET AIRCRAFT

Flybe, Europe's largest regional airline, is pleased to announce that it has resolved its last major legacy issue through the redeployment of all its remaining surplus Embraer E195 aircraft, thereby bringing Project Blackbird to a close.

Of the original fleet of fourteen legacy E195s, Flybe had previously announced solutions for eight:
· Five were handed back to lessors;
· As announced on 5 March 2015, two are based at Cardiff Airport under a long-term agreement signed with the airport operators, Cardiff Airport Limited, flying to a mix of destinations across UK and Mainland Europe;
· As announced on 8 October 2015, one will be based at Exeter, under a long term agreement with Rigby Group-owned Regional & City Airports, to serve Exeter and Norwich Airports with eight routes to five destinations in Mainland Europe starting in March 2016.

Today, Flybe is announcing the redeployment of the remaining six E195s to start from March 2016:
· One aircraft will replace a Q400 aircraft at Newquay under a redefined Public Service Obligation (PSO) agreement with Cornwall Council to satisfy increased demand on the Newquay-London Gatwick route already operated by Flybe
· Two will be based at Doncaster Sheffield Airport, flying to key cities and regional centres across Mainland Europe, under a long-term agreement with the Airport to provide much needed regional connectivity to the people of South Yorkshire and the surrounding area
· Three aircraft will operate at Birmingham and Manchester Airports. Two of these will provide additional capacity on high load factor routes and the third E195 will provide Ejet standby cover across Flybe's network

Completion of Project Blackbird delivers a £40m mitigation versus Flybe's previously indicated obligation of £80m over the remaining term of the aircraft leases. We currently anticipate that the financial cost of resolving the remaining E195s will be £20m this year, reducing to around £10m next year, and then to £6m the year after and £4m in the following year.

Saad Hammad, Chief Executive Officer, said:

"This announcement marks the definitive completion of Project Blackbird. The arrangements announced today are a superb result for all Flybe stakeholders. They avoid the need for any upfront payment, enhance UK regional connectivity and have mitigated exposures to Flybe. With the last of our major legacy issues behind us, we can now focus all our attention on becoming a world-class regional airline."

Quoting factsonly (Reply 2):
- 2x Emb195 in Southampton

Only one will be at Southampton and is part of the Manchester allocation.

[Edited 2016-03-08 02:48:47]
 
Amiga500
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RE: Flybe Still Using Embraer 195's

Tue Mar 08, 2016 10:55 am

So whats their long term plan?

All Q400s and E175s?
 
vfw614
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RE: Flybe Still Using Embraer 195's

Tue Mar 08, 2016 11:17 am

From what I gather, the operation at CWL, DSA and EXT is "supported" by the airport owners. I doubt that Flybe would have launched all those routes on a purely commercial.
 
PlymSpotter
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RE: Flybe Still Using Embraer 195's

Tue Mar 08, 2016 12:14 pm

Quoting vfw614 (Reply 5):

From what I gather, the operation at CWL, DSA and EXT is "supported" by the airport owners.

Correct, certainly at Exeter. There is basically no commercial risk for FlyBe here.


Dan  
...love is just a camouflage for what resembles rage again...
 
gilesdavies
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RE: Flybe Still Using Embraer 195's

Tue Mar 08, 2016 1:42 pm

Im not sure if all of them are back in use, but for a year or two they went into storage at Exeter, with FlyBE hoping a taker would pop-up, and never did...

So FlyBE has decided to set up or expand a few of their regional bases, where they are lacking much competition from a Low Cost Carrier, and deploy the EMB-195 on the lesiure routes and busier city routes...

While fuel prices are low and they can fill them, they might as well get them back up in the air earning revenue. I think when fuel prices were higher, it was cheaper to have them grounded and pay the leases on them, which seems quite ironic, for such a new and modern aircraft.

Cardiff has been expanded and have added two EMB-195 to the base.
http://www.cardiff-airport.com/news/...-jets-in-to-cardiff-airport-today/

Doncaster has seen two based there, for primarily leisure routs and doesn't face much competition at the airport.
http://www.robinhoodairport.com/late...ht-new-flybe-routes-including-two-

Exeter and Norwich also seem to have benefitted:
http://www.exeterexpressandecho.co.u...d/story-27946069-detail/story.html
 
PlymSpotter
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Joined: Thu Jun 17, 2004 7:32 am

RE: Flybe Still Using Embraer 195's

Tue Mar 08, 2016 2:12 pm

Quoting gilesdavies (Reply 7):
Im not sure if all of them are back in use, but for a year or two they went into storage at Exeter, with FlyBE hoping a taker would pop-up, and never did...

Their issue was finding somebody prepared to take over their noncompetitive financial terms, which reflected FlyBe's position and risk assessment when the original Embraer deal went through. Because all the potential takers for these aircraft could source more favorable terms elsewhere, FlyBe couldn't shift them.

Quoting gilesdavies (Reply 7):
I think when fuel prices were higher, it was cheaper to have them grounded and pay the leases on them, which seems quite ironic, for such a new and modern aircraft.

The aircraft weren't the root problem, and still aren't. FlyBe's strategy going back a couple of of years lead to a situation where they couldn't have made a profit selling grass to cows. It darn near ruined them and still might if the recovery stalls.


Dan  
...love is just a camouflage for what resembles rage again...
 
nema
Topic Author
Posts: 483
Joined: Fri Feb 24, 2006 3:18 am

RE: Flybe Still Using Embraer 195's

Tue Mar 08, 2016 2:48 pm

Quoting PlymSpotter (Reply 8):
It darn near ruined them and still might if the recovery stalls.

I hope they continue to grow successfully.

http://www.expressandstar.com/busine...1/11/flybe-soars-back-into-profit/
There isnt really a dark side to the moon, as a matter of fact its all dark!

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