BMI
Join Date: Jul 2004
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ICARUS,
Lufty have got the full 80% (SMB 50% plus one and there own 30% less one) with SAS the remaining 20%. Wonder who will snap up that lot as SAS, in the past, have said that they wish to sell.
Lufty have got the full 80% (SMB 50% plus one and there own 30% less one) with SAS the remaining 20%. Wonder who will snap up that lot as SAS, in the past, have said that they wish to sell.
Join Date: Oct 2004
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ICARUS,
Lufty have got the full 80% (SMB 50% plus one and there own 30% less one) with SAS the remaining 20%. Wonder who will snap up that lot as SAS, in the past, have said that they wish to sell.
Lufty have got the full 80% (SMB 50% plus one and there own 30% less one) with SAS the remaining 20%. Wonder who will snap up that lot as SAS, in the past, have said that they wish to sell.
Join Date: Jul 2004
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Join Date: Apr 2008
Location: Germany
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LH is and wants to be profitable - with all their subsidiary (look at LX). So I think the focus is on LHR as a hub.
Germanwings (LCC subsidiary of LH) should be merger with someone but right now no one is there: TUIfly maybe mergers with Air Berlin, Condor (wants to stand alone but will face difficult times without a partner) and Eurowings (also partner/subsidiary of LH) are the candidates.
Germanwings (LCC subsidiary of LH) should be merger with someone but right now no one is there: TUIfly maybe mergers with Air Berlin, Condor (wants to stand alone but will face difficult times without a partner) and Eurowings (also partner/subsidiary of LH) are the candidates.
Join Date: Dec 2005
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Of course those of you at bmi regional and baby could look at this in a positive light. LH has a very strong and expansive regional operation, perhaps it wil use this to grow bmi regional with new aircraft and routes etc...
It would be great to see some viable competition from a big name like LH taking on the likes of flybe and co in the UK regional market.
It would be great to see some viable competition from a big name like LH taking on the likes of flybe and co in the UK regional market.
Join Date: Jul 2005
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The interesting word that most people seem to have overlooked is the word 'verpflichted' which basically means 'must', 'required' or 'honour bound'.
It would seem, from reading the German press on this matter, that LH didn't have a great deal of choice and the purchase was pushed/driven by SMB. Remember, LH were forced to take this option if SMB didn't like any others. It was a done deal when the share options were signed for the original 30%. Lufthansa appear to have fingers in an awful lot of pies at the moment. With SAS, Austrian Arrows, BMI etc... plus a profit warning issued this week, the future looks to be a great deal of corporate indigestion trying to sort the whole mess out.
Whilst the fundamental business of LH is sound taking on this much dysfunctional baggage (not meaning BMI as such but also Austrian and SAS) could be a major headache for the company over the coming recession.
Should be intriguing to watch how it all gets digested.
edited for punctuation, punctuation, punctuation as my old school 'marm used to say
It would seem, from reading the German press on this matter, that LH didn't have a great deal of choice and the purchase was pushed/driven by SMB. Remember, LH were forced to take this option if SMB didn't like any others. It was a done deal when the share options were signed for the original 30%. Lufthansa appear to have fingers in an awful lot of pies at the moment. With SAS, Austrian Arrows, BMI etc... plus a profit warning issued this week, the future looks to be a great deal of corporate indigestion trying to sort the whole mess out.
Whilst the fundamental business of LH is sound taking on this much dysfunctional baggage (not meaning BMI as such but also Austrian and SAS) could be a major headache for the company over the coming recession.
Should be intriguing to watch how it all gets digested.
edited for punctuation, punctuation, punctuation as my old school 'marm used to say
Join Date: Sep 2006
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How will this mega airline look t LHR henceforth? I presume then that BMI will be entirely rebranded as LH with alot of BMI's current routes being scrapped?
Join Date: Feb 2007
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Why should they be rebranded? Swiss hasn`t and BMI is a well known name in Europe with a good repu
Now bmiBaby is a few years old perhaps rename Lufthansa Junior
I`ll get me coat now
Ian
Now bmiBaby is a few years old perhaps rename Lufthansa Junior
I`ll get me coat now
Ian
Join Date: Sep 2004
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will be interesting to see if LH turnh BMI back into an airline that provides service to pax, then again LH don't exactly provide a welcoming or warm service to pax on their flights, so perhaps a good fit?
It's getting far too difficult to avoid flying with Star airlines within Europe now unfortunately, since there isn't a single one that provides a decent on-board service, in fact the ONLY Star airline I've seen providing a decent service is SQ, does anyone else?
It's getting far too difficult to avoid flying with Star airlines within Europe now unfortunately, since there isn't a single one that provides a decent on-board service, in fact the ONLY Star airline I've seen providing a decent service is SQ, does anyone else?
Join Date: Oct 2005
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I wouldn't be so quick to write off MAN. Between the mainline, Baby and Regional operations there, I think LH might put their expertise with operating multiple hubs to use. LH have already said MAN-India is a big market for them, the NYC area, possibly a west coast destination and MIA may have potential for service.
LH may be able to take advantage of any cost savings at Baby to expand growth on short haul European services, re-fleeting MAN with mainline A319 as long/medium haul service grows at LHR as short hauls like BRU, MME, LBA, etc are withdrawn and moving the 737s to CWL, EMA, BHX, or if they are feeling very brave, Scotland. Eventually those 733s will have to go, they are just not reliable enough for the type of scheduling WW demands of them, at least the ones at MAN.
LH may be able to take advantage of any cost savings at Baby to expand growth on short haul European services, re-fleeting MAN with mainline A319 as long/medium haul service grows at LHR as short hauls like BRU, MME, LBA, etc are withdrawn and moving the 737s to CWL, EMA, BHX, or if they are feeling very brave, Scotland. Eventually those 733s will have to go, they are just not reliable enough for the type of scheduling WW demands of them, at least the ones at MAN.
Join Date: Oct 2008
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I am merely SLF !! (but have worked at MAN & LPL) and joined this forum to find out about our housholds future flight plans.
We use MAN to ANU regularly and MAN-LAS also,
I am looking at seeing the only ANU direct flight outside of London possibly moving to LHR or more likely dropped altogether. Am I right not to feel optimistic???
We use MAN to ANU regularly and MAN-LAS also,
I am looking at seeing the only ANU direct flight outside of London possibly moving to LHR or more likely dropped altogether. Am I right not to feel optimistic???
Join Date: Jun 1999
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Excellent News!!!
I have to say I am totally delighted with the news. Personally I think that the BMI group will really benefit from the LH takeover, which will NOT involve BMI losing its identity. As at the last 1/4, LH turned a 984mEuro profit, admittedly some of that from the sale of their share in the TUI group. and hopefully will have the financial muscle to offer everyone an outstanding future. In terms of Bmibaby I really believe that it is the best news possible. As someone who really cares for a certain person who is based at CWL you might say I have a vested interest, but I believe that the Bmibaby brand is something that LH simply cannot walk away from. It is inconceivable. All the folk at baby are great, and the only thing that has perhaps slightly held them back in the past has been a lack of investment as SMB has had other priorities in an increasingly difficult environment. So to all the Bmibaby folk, please carry on as you are doing, LH are going to enhance you not get rid of you. I really believe that by this time next year you will be bigger, stronger, and going where you should have been going a while ago. Best of luck to you all, and to those who read my previous stuff in the medical section I'm getting better!
PS. LH are going to have a fleet of 31 A319's
PS. LH are going to have a fleet of 31 A319's
Last edited by Panther; 24th Nov 2008 at 20:57.
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then again LH don't exactly provide a welcoming or warm service to pax on their flights
Join Date: Aug 1999
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Just curious, but how big does LH have to grow before someone in Brussels begins to take an interest ?
Before the end of the year, it's quite possible that in a very short space of time they will have acquired the national carriers of Switzerland / Belgium / Austria / Norway / Sweden / Denmark....acquired the #2 UK carrier....and made some sort of cosy relationship with the #3 UK carrier....
Seems there are far too many markets there where they will have a complete monopoly or significantly more than 50% of available capacity...
Anti-Competitive ? Must be pretty close by now....
Meanwhile Brussels investigates to death the AZ and OA survival plans but ignores the fact that OS will be allowed to write-off about €700 million owed to the Austrian Government
And as for Big Airways....Well, while all this was going on around them ( and in their own backyard !!! ) they are proposing a merger with an airline that is big in the Europe > South America market and pretty much nowhere else....A ' last-chance shot' at a tie-up with an American carrier forecasting losses of over $700 million in Fiscal 2008 and which is not guaranteed to get the go-ahead from both the EU and the US authorities....£30 million plus spent on a four aircraft / business class only / French based airline with a future as certain as a pig in a sausage factory just as the bottom falls out of the business class market....And make a huge story out of proposals to operate business class only service London City > New York just a few weeks before half the fat bankers in London City are ( rightfully ) shown the exit door...
Seems if your LH you get what you want....If you're BA you get what you deserve...
Before the end of the year, it's quite possible that in a very short space of time they will have acquired the national carriers of Switzerland / Belgium / Austria / Norway / Sweden / Denmark....acquired the #2 UK carrier....and made some sort of cosy relationship with the #3 UK carrier....
Seems there are far too many markets there where they will have a complete monopoly or significantly more than 50% of available capacity...
Anti-Competitive ? Must be pretty close by now....
Meanwhile Brussels investigates to death the AZ and OA survival plans but ignores the fact that OS will be allowed to write-off about €700 million owed to the Austrian Government
And as for Big Airways....Well, while all this was going on around them ( and in their own backyard !!! ) they are proposing a merger with an airline that is big in the Europe > South America market and pretty much nowhere else....A ' last-chance shot' at a tie-up with an American carrier forecasting losses of over $700 million in Fiscal 2008 and which is not guaranteed to get the go-ahead from both the EU and the US authorities....£30 million plus spent on a four aircraft / business class only / French based airline with a future as certain as a pig in a sausage factory just as the bottom falls out of the business class market....And make a huge story out of proposals to operate business class only service London City > New York just a few weeks before half the fat bankers in London City are ( rightfully ) shown the exit door...
Seems if your LH you get what you want....If you're BA you get what you deserve...