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Old 3rd Dec 2012, 21:27
  #336 (permalink)  
Fairdealfrank
 
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Quote: "FDF -

As Virgin is a private company, there will be a shareholder's agreement which will determine the rights of the shareholders in respect of representation, investment and divestment
."

Thanks for the info, LGS6753, this implies that SQ would need Branson's approval to proceed?



Quote: "Such routes would benefit Skyteam in the London market. I doubt many business travellers at least are going to be doing LHR-CDG-DXB or LHR-CDG-SFO for example when there are plenty of non-stop options available. If Skyteam, or DL/AF have decided they want to have a larger share of the London market, they need to offer a wider range of non-stop destinations covering key global cities, Skyteam hub or not.

What VS brings is a presence in most major long haul markets from London. Being able to offer non-stop LON-Tokyo, LON-Hong Kong, LON-Los Angeles can only help Skyteam in the London market, and also in the foreign markets concerned as well"

Yes, this is what VS could bring to the Skyteam table, or to Star now that BD is no more.

If Skyteam want to build up a serious LHR hub, thus giving them three hubs very close to eachother, there is no need (from a Skyteam point of view) to have one or more of its members buy into some or all of VS. They just need to invite VS on board as presently constituted to provide this. This could mean VS heading off to LHR-4 which would then need a UK arrivals facility.
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