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Old 24th Oct 2011, 09:52
  #2901 (permalink)  
 
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Baby is in BHD to stay
INKJET, this comment assumes that Bmibaby remains in its current form. Are you confident that it will? I have no doubt that if it continues as a going concern it will be at BHD but that's the if that I am not so sure about.

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Old 24th Oct 2011, 10:34
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Facelookbovvered:
I have to agree with 99% of your post, the 1% is the Elephant in the room that you've missed
What, you mean Philip Meesons ego?
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Old 24th Oct 2011, 10:50
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'BA won't be buying bmi'


Never say never but i'm sure the £100m pension deficit will put most off an outright purchase.
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Old 24th Oct 2011, 15:37
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Did you go to the meeting? Plan b is more downsizing. Lhr only operation going mid haul...
Wasn't that the B|MED business model, and that failed miserably! same aircraft, same routes, with a lesser brand, It won't work, it doesn't work, and it didn't work.....
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Old 24th Oct 2011, 15:55
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Plan b is more downsizing
I read Plan b as: Keeping the airline running, whilst we asset strip slots PDQ?
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Old 24th Oct 2011, 16:25
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I would think Lufthansa are considering who will threaten them the least in the future.

Eurozone is facing a long and messy financial recovery, this will impact severely on the Short Haul market throughout the region for the next 5 years.

We may see a full circle where the importance of LHR rises once again compared to Frankfurt, Munich and Amsterdam.

Who those slots go to, could have far bigger implications for Lufthansa than would currently appear.

6
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Old 24th Oct 2011, 16:29
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A quick name change to say Flybaby or go baby or any variation on the theme is a no brainer
No quite the no brainer you assume it is. By changing the name - even slightly - the brand is changed and will need some effort and investment to ensure that it remains recognisable. Baby is not the runaway success that GO was.

From what I have heard on the vine then any annoucemnt this week will be about Regional new owner
Has Regional got a new owner?
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Old 24th Oct 2011, 16:40
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The pension deficit alone will not be a deal breaker with BA. It will, just like all the other liabilities, have an impact on the purchase price.
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Old 24th Oct 2011, 17:36
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Baby is not the runaway success that GO was.
No, you're right. It's managed to piss far more money away over the years than Go was able to, which is really saying something.
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Old 24th Oct 2011, 19:35
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This is the Go that was 9 months ahead of its business plan in terms of reaching break-even? That cost BA £25m in start up cost but was sold for £110m just 4 years later? That Stelios paid >£374m in 2002 saying, and I quote:
"This is one of the most exciting developments in Easyjet's history".

Which went on to be a FTSE150 company which is still expanding and posting record profits in a massive recession.

Yet you contend Go was able to piss away money.

Odd. I don't get it.


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Old 24th Oct 2011, 19:58
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I think we're talking about the same airline. The one where Barbara Cassani once said that "negative equity isn't a problem when you're a subsidiary of a larger airline" after having to go back to BA for more dosh after 12 months and where 3i got cold feet very quickly and looked for a sale far faster than ever anticipated after an ill-judged foray onto Scotland-Dublin/Belfast routes against easyJet and Ryanair which saw cash flying out the door? That the one?
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Old 24th Oct 2011, 20:16
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That's the one. 3i got offered 3 times the purchase price a year after buying and - quite rightly - said fair enough. Cold feet is a funny way of looking at things.

Scotland Dublin cost both Ryanair and Go lots of money in a silly war. Fortunately both companies made roaring profits on dozens of other routes.


Now back to BMI.


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Old 24th Oct 2011, 22:10
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So has Regional got a new owner?
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Old 25th Oct 2011, 08:22
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G-AWZK; The Lufthansa board don't post on here.
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Old 25th Oct 2011, 21:52
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More on a possible bid for Regional, seems to tie-in with earlier posts:

BBC News - A new Scottish airline?
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Old 25th Oct 2011, 23:06
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One expert I know (and who ought to know) reckons the next few years will see mergers leaving only five airlines in Europe: IAG (British Airways/Iberia), Air France/KLM, Lufthansa, Ryanair and Easyjet.
Only five airlines in Europe? No attention to detail here.

** Besides that's seven airlines, five groups !

Last edited by Skipness One Echo; 26th Oct 2011 at 16:03.
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Old 26th Oct 2011, 15:28
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Thank you for your condescending answer Mr Benip, however it seems the BBC have a little more information.

Five major airline groups is the direction that the European market is heading towards with small regional operators picking up what the giants dont want, and the small players seem to get bought up by the big airlines when they get to a threshold level of success. So it may not have been written that well but it isn't far from the truth!
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Old 26th Oct 2011, 18:26
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One expert I know (and who ought to know) reckons the next few years will see mergers leaving only five airlines in Europe: IAG (British Airways/Iberia), Air France/KLM, Lufthansa, Ryanair and Easyjet.
I'll eat my hat if that 'prediction' comes true, "expert" indeed! I can't see us saying goodbye to Thomson, Monarch or Thomas Cook anytime soon!
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Old 26th Oct 2011, 20:36
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He mentioned small regional operators surviving. I'd put MON and TUI in that catagory and I'm not being condescending . They can't poss compete with the Big Boys so they find their niche. But bmi ? Oh, it hurts to say this after I spent 21 years with them, but it's a totally busted flush. What a waste of all that hard work . Bishop, Turner etc etc, thanks !!!!???
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Old 26th Oct 2011, 22:01
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More on a possible bid for Regional, seems to tie-in with earlier posts:

BBC News - A new Scottish airline?
Interesting article, if this were to happen, I do wonder what kind of operation this would be and whether the English bases would receive attention.
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