Jet2-6
Join Date: Apr 2016
Location: 0ft
Posts: 192
Likes: 0
Received 0 Likes
on
0 Posts
Risking cashflow in very unpredictable times, its only 2022…But of course Jet2 can do no wrong…
https://travelweekly.co.uk/news/regu...of-cheap-money
https://travelweekly.co.uk/news/regu...of-cheap-money
I watched the countless interviews with Steve Heapy during the pandemic and I'd like to get your view on this. Since your so anti putting holidays on for a 18 months out.
If Jet2/Jet2holidays keep the customers money, in a separate pot to their "business money" and the money is only transferred over once the flight has departed (Or probably been automatic the day after all that days flying) how is this risking cashflow? They can see, forward, what's coming into the business, knowledge of what is booked in advance bookings, probably got sight of what money is coming into the business in the next 3 months due flights been booked full etc. So tell me how on earth that is risky business?
Bare also in mind, Jet2 had a nice cash balance "pot" pre-pandemic, "surplus" cash if you will to see them through events such as the "pandemic". They are run very astutely, and know what with experience, what has caused other tour operators to fail/downsize and not be able to materialise on opportunities.
Your aware aren't you that other tour operators are also putting S24 on sale or will be soon. TUI, I believe, already have Long haul S24 on sale and have done for some number of weeks. TUI won't be far behind Jet2 when it comes to short haul and sales. So are TUI risking cashflow? Are easyJet holidays Risking Cashflow? Or are you just someone who lives day to day with the lies told in the media?
In a separate topic all together. Do you run a business?
Join Date: Sep 2006
Location: Out of a bag
Posts: 650
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Apr 2016
Location: 0ft
Posts: 192
Likes: 0
Received 0 Likes
on
0 Posts
SOH/BOH are rumoured but only that. Personally until we start to see a lot more A321 Neo's come into the operation and fold I dont see another base. BRS has got plenty of room for expansion and the airline know this. As have other bases. And with the closure of DSA I wonder if Jet2 know they can make more inroads with market share expanding LBA EMA etc. I've heard a rumour both 757 from Titan will be based at LBA next summer.
Last edited by LBAflyer22; 30th Oct 2022 at 23:08.
Join Date: Apr 2003
Location: Midlands
Posts: 427
Likes: 0
Received 0 Likes
on
0 Posts
I've heard a rumour both 757 from Titan will be based at LBA next summer.
Join Date: Apr 2016
Location: 0ft
Posts: 192
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Mar 2008
Location: UK
Posts: 37
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Feb 2005
Location: 35,000ft
Posts: 969
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Nov 2001
Location: London Whipsnade Wildlife Park
Posts: 5,028
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Aug 2007
Location: Newcastle Upon Tyne
Age: 38
Posts: 145
Likes: 0
Received 1 Like
on
1 Post
Southampton as a base is very unlikely. It lacks the runway length, apron space or terminal size. Even when the airport is expanded, its unlikely to be anywhere near ready for an operation such as Jet2s for the next 5 years at least.
