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Old 2nd Sep 2011, 10:36
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EMA-FRA

Do we know where the airframe for EMA-FRA is coming from or is
there a spare available or is it more likely some more culling will
happen between now and the end of October?

Re the long-term I have now seen three quotes attributed to Stefan Lauer with this one not mentioning a sale.

Lufthansa working with BMI on long term business plan : Heathrow Airport News Stories

Another forum quoted his comments as looking for a "business partner" for BMI. I suppose only time will tell which one is correct.

Pete
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Old 2nd Sep 2011, 10:41
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It's amazing that there's not more grumbling from the staff at bmi. Until it's known what's going on, then trying to work out what the plan is, is a nightmare.

Could someone somewhere please make a decision and allow us all to get on with our jobs and help turn the company around please? Or close it down, or sell it, or anything other than cryptic messages.
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Old 2nd Sep 2011, 12:27
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You sort of get used to it, i guess?
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Old 3rd Sep 2011, 08:00
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If your flying to places where passengers no longer want to travel, in what new direction
can you point an airline in which to increase its revenue in the current world economic climate ?

I cannot see BMI being turned round overnight with out a huge injection of cash and LH are hardly sending out messages of confidence in its future as a going concern.
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Old 3rd Sep 2011, 09:40
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You sort of get used to it, i guess?
Hardly a successful management strategy, is it?
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Old 3rd Sep 2011, 11:43
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No it's not, but from a staff point of view you just have to get on with it!

A trade sale to BA is a non starter i suspect?

There might be interest from middle east airlines who could use LHR slots and have the cash?

Or it might be just words to sooth the investors pre annoucement?
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Old 3rd Sep 2011, 11:50
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I think it's going to be a BA buy-out, it's the most likely outcome.
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Old 3rd Sep 2011, 13:10
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No it's not, but from a staff point of view you just have to get on with it!
that is one of the reasons the company is where it is. Permanent firefighting is expensive, tiring and lacks strategic vision.

While there might be interest from middle eastern airlines, it is more likely that Lufthansa will keep the slots inside the Star Alliance - unless there are silly amounts of money being offered.

Or it might be just words to sooth the investors pre annoucement?
having the chairman of the board suggest that a sale may be the best way forward is not really a ringing endorsement.

Count VA why do you think a BA buy out is the most likely outcome?
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Old 3rd Sep 2011, 13:20
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What day is any forthcoming announcements to be made by BMI

Is it sometime this week coming.....??????

Thanks
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Old 3rd Sep 2011, 13:25
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I believe there is a board meeting Tuesday or Wednesday, so I would guess any announcements would follow that.
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Old 4th Sep 2011, 12:57
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BA's history in buying out other airlines has hardly been a success.

Its easier to buy new aeroplanes than spending millions getting rid of an odd ball fleet and filtering out the inherited deadwood staff which cost them a fortune in the past.

It might as well just expand, recruiting the pick of BMI staff on the lowest paypoint and pay LH for the slots (which is the only thing it really wants).
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Old 5th Sep 2011, 05:03
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Yes, but the problem is that Lufty don't want to just sell the slots. If they do, then they'd have a lot of expensive mess to clean up afterwards. If Lufty can do a deal with BA for the whole group, then it's all nice and clean - for Lufty.
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Old 5th Sep 2011, 09:29
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I just can't see IAG being allowed to buy bmi without qualifications. The MMC will have words on the subject I am sure, and most of them will be along the lines of BA being forced to renounce slots at LHR. Given that is where the value of bmi predominantly lies, why would they want to take on the problem - they'd end up spending money to buy the slots, then get forced to give up slots.

TA
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Old 5th Sep 2011, 10:04
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Why would IAG wish to contaminate the group with an airline that looks set to lose £200million this year? bmi has essentially turned into bmed. BA didn't want it then....why on earth would they want it now?
Yes bmi is set to lose big bucks this year, but remember if BA took over the management of bmi would no longer be needed once integration was completed, also the impact of the BA connectivity at LHR would improve the fortunes of the now bmi. In addition, if BA had to adsorb losses in the short terms it still would make sense in the long term in strenghtening the BA stand at LHR.

BA didnt want it then at the price, who said they didnt want it, WW has said he is prepared to talk, and beside the price tag should be much more flexible now given that LH is faced with losses.

EI-BUD

Last edited by EI-BUD; 5th Sep 2011 at 20:16.
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Old 5th Sep 2011, 10:18
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If one of Europes biggest and most successful airlines can't make bmi work why do you think IAG/BA can?
If it is slots that BA/IAG want why take the baggage of a basket case airline?

I would still expect DLH to look towards concentrating on a streamlined version of mainline; getting shot of Donington Hall and letting Germanwings take over where bmiBaby leave off. The baby website already redirects to the Germanwings website if there is no valid baby flight....
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Old 5th Sep 2011, 10:46
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Internal memo from WPS: in summary, nothing has been decided yet, although a sale / partial sale is one of the options being considered, along with a "plan" to turn things around.
If the latter is to be a realistic option then a lot has to change.
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Old 5th Sep 2011, 11:24
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Flypuppy;

Its WW who said he wanted to buy BMI so ask him....... but, you are right about Donington Hall. The cost to the airline must be enormous. Unlike with Austrian though, Lufty are not interested in fully integrating BMI and seem to want to keep us as stand-alone so we appear to be stuck with it.

But slimming down and streamlining that dinosaur as much as possible through better IT implementation has to be an absolute priority.
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Old 5th Sep 2011, 11:45
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In Financial term, then yes bmi is a basket case, but its actually a very good airline that has been badly managed for the last decade and starved of investment, then in typical bmi style the bad look all comes at once ie high oil price, lack of a hedging policy and a focus on the middle east, Tripoli summed it up really!!

How you unwind this mess is neither quick nor cheap!!
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Old 5th Sep 2011, 15:10
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Wonder what Inkjet has to say about this?
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Old 5th Sep 2011, 18:29
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G-AWZK

Not a lot!! nothing new in this, we all know that big changes are inbound, as to where it will fall remains to be seen, selling it won't be easy or quick in part or in whole.

Lets see what the winter program brings !!
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