MyAir and SkyEurope have signed a memorandum to work together.
Avionews
Extract:
Myair.com and SkyEurope have signed a Memorandum of Understanding to start a collaboration and to explore "A possible strategic alliance with exchange of participation in the capital share".
I'm probably being a little bit dense, but I can't see any compelling logic to put these 2 LCCs together. One flies an Airbus/Bombardier mix, while the other flies Boeings. One flies from Milan/Venice/Bari while the other flies from Prague/Bratislava/Vienna.
I could understand MyAir tying up with WindJet or Meridiana. I could also understand SkyEurope tying up with BlueAir. But MyAir-SkyEurope seems less compelling.
Can anyone explain the reasons how these 2 airlines can make more money by being combined ? It just seems like 2 airlines each in a weak position trying to get bigger without working out a rationale to become more profitable.