Silverjet, Zoom...who's next ? Who to avoid ?

[Jezza]

Hello

I started a thread few months ago about Silverjet...

It is now the turn of Zoom Airlines

I am not sure if they were running an affiliate program...but if they were...then, some must be annoyed.

So, I was just wondering which Airlines will be the next to fall under administration ?

Austrian Airlines, Wizzair, Spanair, Ryanair, Air South West, Brussels Airlines...

I think that we are very well positioned to know when this will happened...commission being paid late or not at all, weird change in behaviour in terms of commissions...

I remember Silverjet offering a new incentives almost every 2 weeks...(which I see as a sign of desperation)...and usually commission 50 times higher than well established airlines...

My predictions are: Brussels Airlines, Air South West, Wizz Air, Austrian Airlines (going into Administration and then bought by a rival for £1)...

What do you reckon ?

PS: REGARDING THE POLL: I mean who's next...before the end of this year

[Mogga]

BBC NEWS | Business | Alitalia seeks bankruptcy measure

Troubled Italian airline Alitalia has applied for bankruptcy protection as it tries to agree a deal to ensure its long-term survival.

[deanh12]

The thing with Silverjet was they were aiming at a business class client for budget prices and failed similar to maxjet etc. I can't see airlines like easyjet ryanir etc going in to administration.
Any airline selling a business class services for 1/3 of the cost of a major airline isn't really going to be profitable in this day and age.

[monty]

Of your survey, I'd certainly not be worried about the following:

Brussels Airlines - looks like it will go to Lufty, certainly not into administration
Air South West - specialist operator. Will not be forced out, will evolve and remain.
Monarch - certainly won't go into admin. If only they had an afiiliate scheme again...
Ryanair - no chance, has scale to absorb things.
Easyjet - no chance, has scale to absorb things.
Fly Be - will form more partnerships and evolve, but no chance of disappearing
Bmibaby - won't fail, but long it's term destiny awaits resolution of bmi long term destiny
British Airways - no chance of failing

In some cases these airlines will be merged, adjusted etc, but no chance of them failing.

[jellis]

Travelmole is a great site to keep you updated on the highs and lows in the travel industry.

There was an article today about XL Leisure Group which is at the centre of speculation over refinancing plans.

[Jezza]

XL has been on DGM front page + newsletter for a while and now offer £5 per person on bookings made between 07/08/08 and 09/09/08. (09/09/08 will probably be the date when we will hear that the Refinancing plans have failed)

[hirschnathan]

2 small airlines went out of business over the weekend one was called pure...and another one cant remeber the name

[KGP]

Futura International Airways midnight today ....

[Jezza]

Originally Posted by KGP Futura International Airways midnight today ....

Here:
Futura Airways files for bankruptcy protection

Futura Airways files for bankruptcy protection

(08 September 2008)

Spanish charter carrier Futura International Airways cancelled all flights today after filing for bankruptcy and its Irish subsidiary Futura Gael ceased operating after losing its air operating licence.

Futura bosses reportedly have until Friday to come up with a rescue package, when the Spanish aviation authority will decide whether to withdraw the carrier's operating licence. The airline has proposed halving its fleet of 22 aircraft.

The carrier is based in Palma, employs 1,200 staff and operates charter services from several UK airports, primarily to Majorca, Malaga, Tenerife and Gran Canaria.

The UK Civil aviation Authority is not involved, but a spokesman confirmed UK tour operators would have passengers affected by a cessation of operations. Futura carried 3.7 million passengers last year.

Futura called in advisors on restructuring in August, when Dublin-based Futura Gael proposed substantial wage cuts for its 90 employees. The airline's problems follow the recent collapse of long-haul budget carrier Zoom Airlines. Futura is the largest European carrier so far to get into difficulty as a result of the aviation downturn and the first dedicated leisure airline to file for bankruptcy this year.

The carrier began flying in 1990, created as a joint venture between Spain's Banco Santander and Irish flag-carrier Aer Lingus. Its first service flew between Palma and Manchester. Aer Lingus sold its majority stake in 2002 and relinquished its final shares last year.

[Jezza]

Originally Posted by Jezza XL has been on DGM front page + newsletter for a while and now offer £5 per person on bookings made between 07/08/08 and 09/09/08. (09/09/08 will probably be the date when we will hear that the Refinancing plans have failed)

And my prediction was right....

Who's next ?