Flybe To Acquire BA Cityflyer
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I think that young master Globemaster's age would qualify him admirably to take his place alongside any airline's management team, and BA's particularly, who collectively have a mental age well below his.
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Well - Flybe has got to be taking someone over,otherwise i wouldnt have started this Thread :/ maybe Aer Arran,Eastern - Bmi regional seems to be a big one with my dad
Globemaster3
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With Big Jims intention to take over another company one wonders if the Flybe CC did the right thing with the seniority list and BACON.
Could be the only company where you go 300 places down the list every year,or would it be different next time,if so how could this be legally upheld?
Could be the only company where you go 300 places down the list every year,or would it be different next time,if so how could this be legally upheld?
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I'd look in the direction of another Baby Airline that flies out of BHX as the next takeover target.....
As they have a similar route structure to that of Flybe and it is rumoured that Sir Michael Bishop is looking to get rid of it.....
we shall wait and see what happens with interest....
As they have a similar route structure to that of Flybe and it is rumoured that Sir Michael Bishop is looking to get rid of it.....
we shall wait and see what happens with interest....
Last edited by Whispering Giant; 18th Nov 2007 at 15:55. Reason: adding additional information
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BMI Regional, I hope not as they are the competition on virtually all the routes out of MAN to Scotland and I don`t think it would be good news for passengers at all.
Ian
Ian
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FlyBe a re doing a good job getting shot of a load of 145s already. Can't see them wanting a load more to find homes for, unless the leases are pretty short anyway. The value of 145s must be in freefall by now anyway.
The great unknown was whether the RJs actually were the profitable part of BACON or as usual whether it was all in some accountants political instructions to make them appear so. I can't see A318s for Cityclyer, as the 318 only comes with one engine, and it would mean yet another engine type for BA's minibus fleets. Not good for commonality at all.
There was a move long ago for the RJ pilots to get onto the bottom of BA's seniority list, I think this is a palatable option for LCG, TDLF &co. to accept if they don't get a good renewal from RBS come contract time...
The great unknown was whether the RJs actually were the profitable part of BACON or as usual whether it was all in some accountants political instructions to make them appear so. I can't see A318s for Cityclyer, as the 318 only comes with one engine, and it would mean yet another engine type for BA's minibus fleets. Not good for commonality at all.
There was a move long ago for the RJ pilots to get onto the bottom of BA's seniority list, I think this is a palatable option for LCG, TDLF &co. to accept if they don't get a good renewal from RBS come contract time...
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When has SMB indicated that he's interested in selling bmibaby, I presume this is what's meant by "a baby airline that flies out of BHX" as regional have no presence there. Although the airline faces competition from other LCCs at all bases, including flybe at three of the four, will shortly have an expensive fleet renewal facing it, did not turn a profit in 2006 and the brand isn't well known outside of it's UK catchment - it is still responsible for carrying 40% of bmi group's pax. And even though BE have indicated they want to expand possibly through acquisition, why would they buy an airline with a totally different fleet and who wouldn't really open up new markets?
Why would Flybe be interested? Getting rid of a competitor is normally a strong argument for take-overs, hence why they did the BA Connect deal to start with. Getting bmibaby and flybe together would stop the two of them slugging it out on Birmingham routes and others like Manchester-Belfast.
And I think you've answered the questions as to why SMB would want to sell. Expensive fleet renewal coming up, unprofitable, faces competition at all bases, brand isn't well known outside the UK - I'd say any one of the four would be a good reason for selling, let alone putting all four together. Put it another way - facing that position, why on earth would you hang onto it?
And I think you've answered the questions as to why SMB would want to sell. Expensive fleet renewal coming up, unprofitable, faces competition at all bases, brand isn't well known outside the UK - I'd say any one of the four would be a good reason for selling, let alone putting all four together. Put it another way - facing that position, why on earth would you hang onto it?
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Regards the 318......
Hey there Another Flap Operator, how you keeping, From your post "as the 318 only comes with one engine", I can assure you, the ones I've seen have two, one on each wing! Not like you to be so factually incorrect.
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Getting bmibaby and flybe together would stop the two of them slugging it out on Birmingham routes and others like Manchester-Belfast.
Why waste the money, if WW vacates BFS/BHX, BFS/MAN incomes LS or EI or EZY. So still competition plus you have spent bucket loads on aquiring WW.
Why waste the money, if WW vacates BFS/BHX, BFS/MAN incomes LS or EI or EZY. So still competition plus you have spent bucket loads on aquiring WW.
Perhaps the rumour has come out of the change of ownership of the airframes to Flybe Leasing Ltd a few months ago??
http://www.jethros.i12.com/fleets/fl..._cityflyer.htm
http://www.jethros.i12.com/fleets/fl..._cityflyer.htm
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With Big Jims intention to take over another company one wonders if the Flybe CC did the right thing with the seniority list and BACON.
Could be the only company where you go 300 places down the list every year,or would it be different next time,if so how could this be legally upheld?
Could be the only company where you go 300 places down the list every year,or would it be different next time,if so how could this be legally upheld?
In the light of experience of the charters mergers (date of joining original company as I understand it) there would be immense pressure to restore that status quo throughout. And certainly not on percentage position of original company basis as per last time - otherwise (should this hypothetical deal happen) you would have Cityflyer people overtaking BACON people in Flybe. In the event of any further merger then "date of joining original company" would have to be the way forward (and ex BACON restored to their correct positions accordingly).
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Flybe management said Nov. 12 (when the posted their results) that they were mindful of acquisition opportunities given the current climate of airline consolidation in Europe, but they weren't in talks with anyone at the momeny. If they've got someone in their sights than either management weren't being honest (odd, especially given that they're trying to drum up interest in the company ahead of a possible IPO in 08/09) or they've found a good opportunity in very quick time...
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15% stake
As BA already hold a 15% stake in FlyBe, then how would this effect FlyBe buying BA CitiFlyer? Would they by buying part of their own company? Confused now. Perhaps they buy FlyBe buy Cityflyer, get it all onto a low cost basis, making huge profits, then BA buy the remaining 85% of FlyBe?
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Please, please don't let BA anywhere near us ever again. They are only interested in terminal 5 at LHR and I pray that they continue so. Flybe are now a strong, free airline and the last thing they need is to be constrained by the restrictive trading practices of an out moded business model. If BA did not have a monopoly at LHR they would not have survived this long!