Bmibaby
Join Date: Aug 2002
Location: London (Babylon-on-Thames)
Age: 42
Posts: 6,168
Likes: 0
Received 0 Likes
on
0 Posts
Jet2 is the obvious choice but Hell will be hosting the Winter Olympics before the main base is kept at EMA.
Hence
is only going to be true while
Hence
bmibaby’s head office would remain in the Midlands
The new potential owner would continue to use the existing brand name for an interim period
Join Date: Jun 2008
Location: Weaslebergville
Age: 72
Posts: 113
Likes: 0
Received 0 Likes
on
0 Posts
Jet2 and bmibaby would fit like a glove, same aircraft types, similar routes, bases, engineering, crew training etc.
Of course they would use the the bmibaby brand for an interim period. The length of the interim period being how long it takes to repaint or return the aircraft to the leasing companies.
Of course they would maintain the bmibaby Hq at East Midlands. As long as bmibaby existed as a company to need a head quarters that is.
The talks will revolve around how much Lufthansa will pay for Jet2 to take the problem off their hands?
Of course they would use the the bmibaby brand for an interim period. The length of the interim period being how long it takes to repaint or return the aircraft to the leasing companies.
Of course they would maintain the bmibaby Hq at East Midlands. As long as bmibaby existed as a company to need a head quarters that is.
The talks will revolve around how much Lufthansa will pay for Jet2 to take the problem off their hands?
Join Date: Nov 2011
Location: Antrim
Posts: 1,601
Likes: 0
Received 0 Likes
on
0 Posts
In fairness if an aviation/business analylist was asked who might be interested then it would be likely for them to come up with jet2. It doesn't mean they are!
The brand name will have to change regardless of the buyer and it is quite normal to be allowed to trade on in the current guise for an agreed maximum period when one company buys a chunk of another. If its something along the lines of venture capital or a buyer from outside the UK then its head office will remain in the midlands, even if its jet2 they could claim it will remain in the midlands - remain can cover a multitude of timescales!
The brand name will have to change regardless of the buyer and it is quite normal to be allowed to trade on in the current guise for an agreed maximum period when one company buys a chunk of another. If its something along the lines of venture capital or a buyer from outside the UK then its head office will remain in the midlands, even if its jet2 they could claim it will remain in the midlands - remain can cover a multitude of timescales!
Join Date: Jul 2009
Location: herefordshire
Posts: 192
Likes: 0
Received 0 Likes
on
0 Posts
BMIbaby
There remains intense speculation about the future of Baby and maybe (baby!!!) only the full and final press release on sale will answer all the questions.
But in terms of speculation there could be considerable overlapping at EMA with both Baby and Jet2 currently operate from.
However what could be interesting is Jet2 taking over Baby's presence at BHX, currently an airport it does not serve but which still does have an impressive Baby facility (check-in etc) in Terminal 1.
But in terms of speculation there could be considerable overlapping at EMA with both Baby and Jet2 currently operate from.
However what could be interesting is Jet2 taking over Baby's presence at BHX, currently an airport it does not serve but which still does have an impressive Baby facility (check-in etc) in Terminal 1.
Join Date: Nov 2007
Location: Polymer Records
Posts: 597
Likes: 0
Received 0 Likes
on
0 Posts
Why would Jet2 buy baby? It makes no sense.
They already have their own presence in Belfast and East Midlands, which they could expand after baby is wound up by IAG. Opening a new base at Birmingham isn't beyond their ability.
If they buy baby they buy a totally worthless balance sheet. The only asset on it of any value is baby's brand, which would have to go. What exactly would they be buying that they couldn't just take for free after baby goes under?
(apologies for slightly insensitive post, but this is only what Jet2 management will surely be thinking).
They already have their own presence in Belfast and East Midlands, which they could expand after baby is wound up by IAG. Opening a new base at Birmingham isn't beyond their ability.
If they buy baby they buy a totally worthless balance sheet. The only asset on it of any value is baby's brand, which would have to go. What exactly would they be buying that they couldn't just take for free after baby goes under?
(apologies for slightly insensitive post, but this is only what Jet2 management will surely be thinking).
Join Date: Jun 2008
Location: Weaslebergville
Age: 72
Posts: 113
Likes: 0
Received 0 Likes
on
0 Posts
I dont think anyone can see Jet2 buying baby. If LH leave it for BA to deal with then the price they get for BMi goes down. If LH have to shut it down themselves then it will cost them.
If Jet2/whoever were given it for free, or paid a portion of advance ticket sale money to take on its liabilities, then it would make alot of sense.
Quote from the FT this morning:
"Lufthansa is likely to pay any counterparty to take on BMIbaby, which contributed to a €154m operating loss at BMI in the nine months to September 30."
If Jet2/whoever were given it for free, or paid a portion of advance ticket sale money to take on its liabilities, then it would make alot of sense.
Quote from the FT this morning:
"Lufthansa is likely to pay any counterparty to take on BMIbaby, which contributed to a €154m operating loss at BMI in the nine months to September 30."
Join Date: Nov 2011
Location: UK
Posts: 69
Likes: 0
Received 0 Likes
on
0 Posts
So who is the MYSTERY UK buyer of BmiBaby?
I see BMIBaby has been sold to a "mystery" UK based buyer. This comes after a week of people thinking it was going to be a German based company
They have said they plan to expand their UK and European flights.
They have said they plan to expand their UK and European flights.
Join Date: Jul 2001
Location: London
Posts: 90
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Sep 2006
Location: Out of a bag
Posts: 657
Likes: 0
Received 0 Likes
on
0 Posts
Interesting, but only one site reporting? Could well be that some enterprising journo has leapt to conclusions in the wake of the press release sent out yesterday: http://www.pprune.org/airlines-airpo...ml#post6993639. Notice that several phrases in the website article are exactly the same as in the press release.
Nothing from DLH/BMI directly that I've seen on the subject of a confirmed sale.
Nothing from DLH/BMI directly that I've seen on the subject of a confirmed sale.