PPRuNe Forums - View Single Post - Deutsche BA buys LTU
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Old 17th Feb 2006, 08:07
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Austin_Danger_Powers
 
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Originally Posted by captjns
Who knows, maybe Deutsche BA can turn things around... After all its worth a shot. Hopefuly it will keep employees from unemployment.

DBA is a lowcost airline. Guess they will get the LTU Staff new contracts with lower sallary.
LT losses money for a long time and i dont think DBA bought them for making further losses. Only way to make some profit is to reduce costs and (sorry) but the logical conseqences will be cutting jobs.

LT has no strategical partners. Shorthaul operations are as unprofitable as the most long haul routes. LH hits LT by flying more and more from DUS and i dont know, but i guess they will do anything after this new merger.

Times are getting hard for LT...
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