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First business casualty of Coronavirus?

(33 Posts)
Chewbacca Thu 05-Mar-20 09:51:36

Collapsed Flybe tells passengers not to travel to airports

I saw that Flybe, who has been struggling for some time to survive, has today collapsed, 2000 people to lose their jobs and all flights suspended. We haven't had as many confirmed Coronavirus incidents as other countries and yet, already, it's impacted on an airline. Wonder how many more this will be the final straw for in an already difficult market?

ruffa Wed 29-Apr-20 10:57:09

vazivi, You can contact www.trustnetinc.com/pci-compliance-cost/

Fran3669 Wed 29-Apr-20 09:56:15

vazivi I’m also a business owner and this has completely changed the way I work and interact with my clients.

I’ve sent you a PM as I may be able to put you in contact with a company who can help you.

vazivi Wed 29-Apr-20 09:17:36

The coronavirus has affected all spheres of activity, and it’s scary. I also have my own business, and I decided to do a test and analysis of possible problems to better plan for possible loss reduction with PCI compliance cost. All I have to do is find a company that can give me that kind of help and find out the prices.

POGS Fri 06-Mar-20 19:30:46

There is another issue that has been mentioned but not given enough coverage in my opinion.

For airlines to take over the mantle of Flybe there are airports who have runways that are simply too short for most planes to take off and land.

If the United Kingdom wishes to keep connectivity using local and short haul flights which are a necessity for domestic flight travel between the 4 UK nations and the islands then we must be prepared to stop refusing planning permission and extend the runways at airports such as Southampton.

Sadly there are many countries who have Airlines in financial trouble and COVID 19 will probably put so much stress on their ability to make a profit many may well go under as it is obvious any restrictions / loss of bookings/tourism dropping off results in a Financial Crisis to Airlines and businesses in general.

notanan2 Fri 06-Mar-20 11:47:17

Managers of collapsed big businesses also go on a "blame" offensive as they are job hunting their next 3 figure salary job and need to deflect blame.

It happens every time a business model fails. A chain that ran ITSELF into the ground recently (it really did! They f-ed over everyone with brand loyalty" closed its local branch and its 3figure regional manager has gone on the attack. Blaming locals, the council, neighbouring businesses..
He ruined it.
But he is also now job hunting.
So..

notanan2 Fri 06-Mar-20 11:42:40

FlyBe collapsing was a long way coming. Its been in the local press well before corona (but maybe thays because our airport has a lot of flybe routes so its relevant to local employment)

EllanVannin Fri 06-Mar-20 10:13:10

That's a sad situation, annsixty and one which will probably echo many others as well.

annsixty Fri 06-Mar-20 09:33:04

My D runs a small business, she has already been told by her insurer that she will not be covered for loss if she has to close, there is a loophole ,something to do with certain notifiable disease.
If staff self isolate she will have to pay SSP?
The nature of her business means she will have to take on other staff to continue.
If this happens she will go under “as sure as eggs is eggs”

She employs 6 people , all part time, they will all lose their jobs as will she.
She operates on a shoestring any way.
We are really worried as she is a single mother.

sodapop Fri 06-Mar-20 08:44:24

It's a shame about Flybe as so many people relied on it for internal and short haul flights. There will be a lot of collateral damage I'm afraid.
As has been said already Flybe were in difficulties long before this, the virus was just the final straw.

M0nica Fri 06-Mar-20 08:01:22

Flybe has been struggling for a long time and several attempts to support them have been unsuccessful. Flybe would have collapsed, Corvid-19 or no Corvid-19.

On R4 news yesterday morning, someone from the aviation industry did a critique of the whole business model behind Flybe and it was clear that poor strategic management over the past decade was a major cause of its problems.

As for the managing director blaming Corvid-19 - well he would wouldn't he?

maddyone Fri 06-Mar-20 00:06:15

No, you definitely didn’t dream it.

Chewbacca Fri 06-Mar-20 00:03:30

Thanks maddyone, I knew I hadn't dreamt it!

maddyone Thu 05-Mar-20 23:54:20

I saw news this morning that Flybe were blaming Coronavirus as the final straw, but as said earlier, they have been in difficulties for some time.

Kalu Thu 05-Mar-20 23:49:01

Logan air will be taking on 16 former Flybe flights.

Chewbacca Thu 05-Mar-20 23:46:13

BlueBelle @ 15.53 So why make the headline of the thread a false statement?

Because, when I started this post @ 09.51 this morning the headlines on the BBC website said:

The Exeter-based carrier said the impact of the coronavirus outbreak on demand for air travel was partly to blame for its collapse.

And if you read the OP properly, you'll see that I that I stressed that Flybe had been struggling for some time but that this was the final straw for them. There was no false statement. hmm

maddyone Thu 05-Mar-20 23:41:01

BlueBelle
Quite right, Flybe has been hanging on a thread for a while.

maddyone Thu 05-Mar-20 23:39:03

My sister was due to fly with Flybe to visit me in two weeks time, she’s now trying to book a train instead. I booked the flight for her so I’m trying to reclaim the money through my credit card. My sister will be 70 whilst she’s down, and she wanted to spend her special birthday with myself and our 92 year old mother.
Flybe announced it was in trouble in January, but as I understood it, the government promised financial support. However Flybe appears to have collapsed despite that support. I’m wondering whether any other airline will eventually take over some of the routes that Flybe operated as I think the loss of these routes will have a huge impact on both businesses and private individuals.

vegansrock Thu 05-Mar-20 15:55:35

Of course merlotgran I can’t guarantee other airlines won’t run into trouble, and I'm sure some of them will fold as well. But climate change isn’t only being caused by air travel., but much human activity. We have just had the warmest winter since records began, it’s definitely something to be concerned about rather than sneered at.

BlueBelle Thu 05-Mar-20 15:53:15

It has been said quite clearly on the news this morning that this is not a Coronavirus problem Flybe had been hanging on by a thread for sometime
So why make the headline of the thread a false statement

merlotgran Thu 05-Mar-20 15:49:19

but there are other airlines which may pick up the slack.

Can you guarantee they won't also run into trouble, vegansrock?

vegansrock Thu 05-Mar-20 15:42:12

Why the nasty swipe at Greta Thurnberg? Of course one small airline collapsing won’t mean a reversal of climate change. It’s a shame for people’s jobs but there are other airlines which may pick up the slack.

Calendargirl Thu 05-Mar-20 11:52:41

Sad as we often flew with Flybe. I’m sure the Coronavirus is the last straw, but I should imagine things have been going downhill for a long time,

Urmstongran Thu 05-Mar-20 10:35:34

Bet Richard Branson is cursing the 4 new cruise ships he commissioned. Timing eh?

Teacheranne Thu 05-Mar-20 10:25:06

Ive just had an email from my Financial Advisor ( no, I don't have lots of money but I had to use one to help me sort out my complicated pensions and the company now manage a couple of accounts) trying to reassure customers about the recent falls in the stock market. Apparently lots of people are panicking and selling shares as the prices drop. It looks as if the world markets are heading towards a recession due to the uncertainty of the impact of the corona virus.

Me, I'll just sit tight and hope for the best!

My nephew was tested yesterday as he is unwell following a school ski trip to N Italy. So as my sister is now self isolating until they get the results on Friday, I've had to drop all my plans to stand in as full time Carer for my mum who has Alzeimers.

Chewbacca Thu 05-Mar-20 10:19:48

I think cruise holiday companies will get hit very badly as people cancel or decide against booking cruise trips this year. Another cruise liner is being held in California with 3500 people on board.