Let’s get real, everyone knows everyone else’s clients already;
If this is the case why has AP just paid £4.4 for a relatively non-profit /loss making organisation with an AOC, a client base and an aircraft lease agreement.
surely the vast majority of this consideration is paid for the client base.
GA will no doubt become fractional / blockhour, but in the meantime they will want to hold on to the broker business.
Don't forget any enquiries that go to GA that cannot be dealt with by GA aircraft will be referred to AP, a healthy way of generating enquiries.
Without doubt work that would have traditionally gone to LEA, Eurojet etc will now be put onto GA, that in itself negates the "smarter to charter" slogan.
Would you use an independent IFA that was owned by the Halifax and there was no regulatory authority for IFA's?
Personally I predicted brokers buying operators a while ago, but expected it to take a while longer.
Phil