Another one bites the dust
Discussion
About a year after Monarch disappeared... Now Primera Air.
Not really heard of them but I'm sure I've seen their aircraft on approach to EMA over my house numerous times. Been going 15 years apparently, but today...that's it. Bankruptcy.
https://www.independent.co.uk/travel/news-and-advi...
Not really heard of them but I'm sure I've seen their aircraft on approach to EMA over my house numerous times. Been going 15 years apparently, but today...that's it. Bankruptcy.
https://www.independent.co.uk/travel/news-and-advi...
I flew out to malaga with them last sunday. Fortunately they cancelled my what would have been return journey today, around 3 months ago and booked me on a ryan air flight this evening.
One of my ushers flew on what must have been their last flight yesterday evening. I can’t imagine the cabin crew would have been too friendly.
One of my ushers flew on what must have been their last flight yesterday evening. I can’t imagine the cabin crew would have been too friendly.
Otispunkmeyer said:
About a year after Monarch disappeared... Now Primera Air.
And they wont be the last. The budget market is over-saturated, established players with deep pockets like Ryanair and Easyjet can continue to wait until the newer players run out of money.With older, more established airlines like United and KLM offering cheap flights across the Atlantic with fewer extra costs and worsening economic conditions in the UK and Europe I doubt we'll be seeing many long haul budget airlines surviving, especially when running on debt. Pirmera collapsed because they couldn't find funding.
I booked a flight from London to LA recently, I ended up with 2 options.
1. Norwegian £313 + £50 for seat selection + £50 for food.
2. United, £312 + £0 for seat selection + £0 for food (not having to fly from Gatwick, priceless).
Obviously I went with United.
steve-5snwi said:
There were rumours around how viable they were. The were going after longhaul with the A321neo's. They pulled out of Birmingham recently and were renowned for cancelling flights
They'd been going 15 years so must have had something right. Perhaps expanded too quick/wrong direction.We're those Neo's the planes they were waiting for? They had some pretty old craft...I think they were flying people to the states on a 757!
Otispunkmeyer said:
steve-5snwi said:
There were rumours around how viable they were. The were going after longhaul with the A321neo's. They pulled out of Birmingham recently and were renowned for cancelling flights
They'd been going 15 years so must have had something right. Perhaps expanded too quick/wrong direction.We're those Neo's the planes they were waiting for? They had some pretty old craft...I think they were flying people to the states on a 757!
t and went tech nearly every day leading to delays of over 24 hours and it just mushroomed from there.captain_cynic said:
Otispunkmeyer said:
About a year after Monarch disappeared... Now Primera Air.
And they wont be the last. The budget market is over-saturated, established players with deep pockets like Ryanair and Easyjet can continue to wait until the newer players run out of money.With older, more established airlines like United and KLM offering cheap flights across the Atlantic with fewer extra costs and worsening economic conditions in the UK and Europe I doubt we'll be seeing many long haul budget airlines surviving, especially when running on debt. Pirmera collapsed because they couldn't find funding.
I booked a flight from London to LA recently, I ended up with 2 options.
1. Norwegian £313 + £50 for seat selection + £50 for food.
2. United, £312 + £0 for seat selection + £0 for food (not having to fly from Gatwick, priceless).
Obviously I went with United.
Otispunkmeyer said:
About a year after Monarch disappeared... Now Primera Air.
Not really heard of them but I'm sure I've seen their aircraft on approach to EMA over my house numerous times. Been going 15 years apparently, but today...that's it. Bankruptcy.
https://www.independent.co.uk/travel/news-and-advi...
The really sad thing is that a fair few Monarch crew ended up at Primera and have now found themselves being shafted twice in 12 months.Not really heard of them but I'm sure I've seen their aircraft on approach to EMA over my house numerous times. Been going 15 years apparently, but today...that's it. Bankruptcy.
https://www.independent.co.uk/travel/news-and-advi...
Primera, could have been a good airline, but they just didn't have the financial muscle to get themselves big enough to cope with the issues they had.
It is a cut-throat world in the airline industry at the moment.
Robertj21a said:
NordicCrankShaft said:
Hopefully Wizz Air will be the next ones.
You mean the same Wizz Air that has just confirmed a 17.5% increase in passenger numbers.........If you're making a loss on every passenger, more numbers mean bigger losses.
I don't think it will be Wizz, their net profit was €193 million in 2017. However Wizz is primarily short haul (not sure if they do any long haul flights at all) which has always been insanely profitable for budget airlines. Long haul has been the loss maker. I think Norwegian will have to cut back or eliminate its trans Atlantic routes.
captain_cynic said:
Robertj21a said:
NordicCrankShaft said:
Hopefully Wizz Air will be the next ones.
You mean the same Wizz Air that has just confirmed a 17.5% increase in passenger numbers.........If you're making a loss on every passenger, more numbers mean bigger losses.
I don't think it will be Wizz, their net profit was €193 million in 2017. However Wizz is primarily short haul (not sure if they do any long haul flights at all) which has always been insanely profitable for budget airlines. Long haul has been the loss maker. I think Norwegian will have to cut back or eliminate its trans Atlantic routes.
captain_cynic said:
Passenger number != profitability.
If you're making a loss on every passenger, more numbers mean bigger losses.
I don't think it will be Wizz, their net profit was €193 million in 2017. However Wizz is primarily short haul (not sure if they do any long haul flights at all) which has always been insanely profitable for budget airlines. Long haul has been the loss maker. I think Norwegian will have to cut back or eliminate its trans Atlantic routes.
Surely more paying passengers cuts your losses...?If you're making a loss on every passenger, more numbers mean bigger losses.
I don't think it will be Wizz, their net profit was €193 million in 2017. However Wizz is primarily short haul (not sure if they do any long haul flights at all) which has always been insanely profitable for budget airlines. Long haul has been the loss maker. I think Norwegian will have to cut back or eliminate its trans Atlantic routes.
Fastchas said:
captain_cynic said:
Passenger number != profitability.
If you're making a loss on every passenger, more numbers mean bigger losses.
I don't think it will be Wizz, their net profit was €193 million in 2017. However Wizz is primarily short haul (not sure if they do any long haul flights at all) which has always been insanely profitable for budget airlines. Long haul has been the loss maker. I think Norwegian will have to cut back or eliminate its trans Atlantic routes.
Surely more paying passengers cuts your losses...?If you're making a loss on every passenger, more numbers mean bigger losses.
I don't think it will be Wizz, their net profit was €193 million in 2017. However Wizz is primarily short haul (not sure if they do any long haul flights at all) which has always been insanely profitable for budget airlines. Long haul has been the loss maker. I think Norwegian will have to cut back or eliminate its trans Atlantic routes.
More pax == more fuel and other costs.
JuniorD said:
NordicCrankShaft said:
Hopefully Wizz Air will be the next ones.
Why do you want an airline to go bust? Do you really wish to see people losing their jobs, creditors left in debt and passengers' travel plans in tatters?Going back to my above flights to LA... Primera to NYC was an option, but their add ons were worse than Norwegians and I still needed to get to LA or LV. Looks like I dodged a bullet.
I'd like to think IAG (BA/Iberia) will be next, but sadly even I know IAG will hang around like the bad smell they are (and likely will be bailed out by the British govt).
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