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Old 14th Oct 2012, 11:53
  #913 (permalink)  
alby2000
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Hi South Prince,
I wouldn't really call it a bonus but most likely a "boost" to their current activity. Also, I would personally doubt that moving, as you say, most of the Cargolux business to Milan is viable scenario. The assumption is that it is a cost cutting exercise. Therefore, since the yields are low on certain routes of the mainline network, one of the ways to go is to have the least productive routes to be operated by Cargolux Italia which, thanks to their lower cost base, they can maximize the revenues (or contain the losses) while maintaining the position as a global player. But again, this is my understanding from a couple of long chats with some friends and therefore is as valuable as anybody else's point of view. It sounds plausible to me and may also represent a win-win situation for both business units, but whether or not it will turn out to be a feasible option, it's not my call.
alby