Posted on 02/17/2019 9:51:39 AM PST by Libloather
LONDON — Hundreds of passengers throughout Europe have been stranded by the abrupt collapse of the British regional airline Flybmi.
British Midland Regional Limited, which operates as Flybmi, said it’s filing for administration - a British version of bankruptcy - because of higher fuel costs and uncertainty caused by Britain’s upcoming departure from the European Union.
“Current trading and future prospects have also been seriously affected by the uncertainty created by the Brexit process, which has led to our inability to secure valuable flying contracts in Europe and a lack of confidence around bmi’sability to continue flying between destinations in Europe,” the airline said on its website late Saturday.
The airline thanked workers for their dedication and said “it is with a heavy heart that we have made this unavoidable announcement.”
(Excerpt) Read more at m.washingtontimes.com ...
“Flybmi”
Seems legit. /s
No loss. Fly Norwegian or a number of other airlines.
Flybmi?
It’s a nice day for a walk.
Excuse me?
Too close to “Fly by NIght” for comfort.
Point in fact, the whole exerpt (ain't clickin no WT link) sounds like the "OHNOES & OMG!!!" wailing and gnashing of teeth. d;^)
Somehow this will be: “Orange Man Bad.”
Fuel prices in the US have plummeted because of fracking. (Hence the need for Democrats to eliminate fracking. A bubbling economy is bad for Democrats.) However, the same is not true for Europe. The price of fuel is effected not only by supply, but by taxes and fees.
Here is a sample. (I am sure jet fuel is also affected the same way.)
http://www.europenroad.com/fuel/
Blaming it on higher fuel costs.
IIRC, energy is much lower cost today than a few years ago. Shouldn’t it be blamed on higher fuel taxes due to the illusion of Climate change?
“hundreds” being “stranded” doesn’t ring true to me. One flight can have hundreds of passengers on it, and the airline carried half a million passengers last year. Hundreds probably means that a few hundred advance tickets in and out of the UK sold for after March 29th can’t be guaranteed. March is going to be absolutely chockablock with dire stories of UK tragedies that aren’t actually tragedies. All with the intention of scaring the British public into demanding a swift cancelation of Brexit.
If the Brits don’t panic, all the general public will feel is a few weeks of imported fruits and veggies being disrupted, maybe a short term panic with price spikes, then suppliers will figure out how to get to their markets and things will largely go back to normal. Maybe oranges from Spain will be expensive, but if Florida orange growers offer better prices, it will even out.
The real damage won’t be to British subjects, but to the globalists who can’t be seen as wrong about their dire predictions. If they lose Britain, they could lose everything they’ve been putting in place, pulling strings and manipulating behind the scenes for the past forty years.
https://www.statista.com/statistics/591285/aviation-industry-fuel-cost/
The statistic shows the fuel costs of airlines worldwide from 2011 to 2019, as a percentage of expenses. The aviation industry has benefited from the decline of oil and jet fuel prices, with global airlines’ fuel costs in 2019 estimated to account for 23.5 percent of their expenditure.
I thought I’d read about an airplane supports collapsing on the runway...
Instead, looks like fewer want to visit Londonistan and surrounding areas.
because of higher fuel costs
Or maybe it was UFOs.
They didn’t charge enough for carry on baggage ,food ,entertainment ,oxygen etc etc etc etc etc
paging Nick Pope!
Are their British Comets falling apart Mid Flight Again ?
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