Bmibaby
If baby were to be closed ? what happens to the pilot work force? It says "bmi group" on my pay slip, so does that mean I'm as much a bmi pilot as someone at LHR on an airbus? does IAG have an obligation to us? the fact that I'm 737 rated as opposed to 319 seems to me to have no relevance. Would the regulator allow this buy out knowing that 200 odd pilots and many other crew would be "up the road". Anyone??
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Baby Capt
With regards to the Baby pilots, I heard that Ryanair have already told Baby management it will take them on. A good few joined the other year, really nice bunch of lads.
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Nitefiter
The competition authorities (in this case the EC's merger task force) have no jurisdiction over employment issues and are simply there to assess what the effects of a take over are on competition and to order remedies if they deem it to be anti competitive. The employees are in the hands of the acquirer once the deal is done and you can bet that IAG will not have given LH any undertakings about redundancies as part of the deal.
The competition authorities (in this case the EC's merger task force) have no jurisdiction over employment issues and are simply there to assess what the effects of a take over are on competition and to order remedies if they deem it to be anti competitive. The employees are in the hands of the acquirer once the deal is done and you can bet that IAG will not have given LH any undertakings about redundancies as part of the deal.
Mach 3
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"Lufthansa has an option to sell BMI Baby before the deal is closed.
But Mr Walsh said if this did not happen, then IAG were not interested in retaining BMI Baby or the BMI regional brand."
But Mr Walsh said if this did not happen, then IAG were not interested in retaining BMI Baby or the BMI regional brand."
To then p**s that all away by shutting the operation down would be a bit perverse wouldn't it especially when this cost far exceeds the annual loss...
Anyway, at that point, presumably 250 baby & Regional pilots having nothing to lose by taking the matter to the courts on account of their status as bmi pilots who just happen to be flying under a different AOC?
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Separate Ltd companies under different AOC's
Bmi baby ltd, british midland airways ltd and british midland regional ltd all trading as different companies but under the ownership of LHBD Holdings ltd. LHBD is in tern owned by Lufthansa AG. Pilots of the individual ltd companies have no greater ability to lay claim that they work for bmi (group) as they would Lufthansa. A bit like working for British gas or centrica.
Only advice really is regional sale still in final stages and work ongoing with negotiations with respect to baby. Mainline slots converting to LH will create expansion at BA or whatever guise bmi ends up in. Join BALPA if your not in already
Bmi baby ltd, british midland airways ltd and british midland regional ltd all trading as different companies but under the ownership of LHBD Holdings ltd. LHBD is in tern owned by Lufthansa AG. Pilots of the individual ltd companies have no greater ability to lay claim that they work for bmi (group) as they would Lufthansa. A bit like working for British gas or centrica.
Only advice really is regional sale still in final stages and work ongoing with negotiations with respect to baby. Mainline slots converting to LH will create expansion at BA or whatever guise bmi ends up in. Join BALPA if your not in already
Mach 3
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Bmi baby ltd, british midland airways ltd and british midland regional ltd all trading as different companies but under the ownership of LHBD Holdings ltd. LHBD is in tern owned by Lufthansa AG. Pilots of the individual ltd companies have no greater ability to lay claim that they work for bmi (group) as they would Lufthansa. A bit like working for British gas or centrica.
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Any talk of baby's demise is somewhat premature to say the least a deal will be done within weeks
The management buy out and Intro are the only realistic offers on the table, and even then there are no guarantees that either of those will find enough funding - even with a significant dowry from DLH.
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SR71 I can confirm from the contract I have seen it clearly lays out your position with respect to aircraft base, salary etc. It also states which LTD company you are contracted to. The company numbers and headed paper are different. There is no contract with LHBD only your airline be it baby, British midland airways, or regional.
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So what happens if bmi are not integrated into BA and kept as a cheaper BA company out of heathrow?
My contract/ company agreement says in the event of redundancies if opportunities exist in other companies within the GROUP then the positions will be offered!
It would be hard to justify laying off 140 pilots, ? Cabin crew when Walsh has publicly stated that bmi will be used to expand out of heathrow.
One thing for sure is the longer this is dragged out the more consumer confidence will fall in baby.
My contract/ company agreement says in the event of redundancies if opportunities exist in other companies within the GROUP then the positions will be offered!
It would be hard to justify laying off 140 pilots, ? Cabin crew when Walsh has publicly stated that bmi will be used to expand out of heathrow.
One thing for sure is the longer this is dragged out the more consumer confidence will fall in baby.
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Can't believe the negativity on here!! The Summer is going well with expansion, and the takeover is continuing on the quiet at the request of some of the bidders. It seems that some people just look at things pint half empty all the time.
All good things......!!
All good things......!!
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G-AWZK
Of course nothing is 100% in this world ! Suffice to say that my track record on events to date is somewhat closer to the mark than your rather negative view!
Things have taken a little longer than planned for a number of reasons non of which are negative, things like this always seem to take longer than what we would all like, however there are more interested parties now than before Xmas.
Let me put another way I'm 100% certain that baby will operate its on sale Summer program & 99% certain that a binding contract will be signed before IAG deadline, I'm 0% certain who will end up with owner ship, but it won't be a management buyout.
The Summer program is selling well ahead of last Summer.
Things have taken a little longer than planned for a number of reasons non of which are negative, things like this always seem to take longer than what we would all like, however there are more interested parties now than before Xmas.
Let me put another way I'm 100% certain that baby will operate its on sale Summer program & 99% certain that a binding contract will be signed before IAG deadline, I'm 0% certain who will end up with owner ship, but it won't be a management buyout.
The Summer program is selling well ahead of last Summer.
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G-AWZK
Sometimes no new is good news. just because YOU don't know what is going on doesn't mean that nothing is happening. The interested parties involved are progressing...but their names are not in the public domain. The number of people who know who they are is limited to less than 5. Very senior people at WW don't know who they are. There are clues around but they are mixed with a lot of speculation and wild guesses. No, I don't know who they are either but I do have an idea about the picture in the future which is encouraging but does require eye watering levels of investment.
Sometimes no new is good news. just because YOU don't know what is going on doesn't mean that nothing is happening. The interested parties involved are progressing...but their names are not in the public domain. The number of people who know who they are is limited to less than 5. Very senior people at WW don't know who they are. There are clues around but they are mixed with a lot of speculation and wild guesses. No, I don't know who they are either but I do have an idea about the picture in the future which is encouraging but does require eye watering levels of investment.