BMI bought by Virgin
Join Date: Sep 2000
Location: North of Land's End, South of John O Groats
Posts: 152
Likes: 0
Received 0 Likes
on
0 Posts
Is this your source? http://www.pprune.org/airlines-airpo...2-bmi-137.html
Join Date: Nov 1999
Location: Ireland
Posts: 1,621
Likes: 0
Received 0 Likes
on
0 Posts
You might want to change the entirely misleading thread title to something which actually reflects what you are saying, such as "Virgin to buy bmi?" or better still, contribute to the discussion on the same subjects on the existing bmi thread in Airlines, Airports & Routes.
Fit like min?
Join Date: Nov 2004
Location: ...
Posts: 2,126
Likes: 0
Received 0 Likes
on
0 Posts
"It would be a peculiar competition body that would permit BA to takeover bmi..."
BA have taken over/acquired the likes of Caledonian, DanAir, Brymon over the years, I seem to recall. So wouldn't be that unusual for BA to snap up the competition?
BA have taken over/acquired the likes of Caledonian, DanAir, Brymon over the years, I seem to recall. So wouldn't be that unusual for BA to snap up the competition?
Join Date: May 2002
Location: Courchevel
Posts: 848
Likes: 0
Received 0 Likes
on
0 Posts
The front-runner has to still be BA, the slot sale could be part of a wider deal that is being struck. I think a bmi/Virgin arrangement could be a possibility but would be a nightmare to action financially and probably the same as an operation trying to compete with IAG. I think the thread title is inaccurate, who really knows except the people at the top of Lufthansa?
Join Date: Dec 2006
Location: Buckinghamshire
Posts: 297
Likes: 0
Received 0 Likes
on
0 Posts
If Virgin took over BMI I would bet that the whole lot would go down the pan in a year!
If LH can't make good of their investment with heaps and heaps of cash, then what chance do Virgin have? it's not like they are sitting on a ton of money that they are willing to throw about in some crazy attempt to make BMI work for them, Virgin have their own dwindling profit and market share loss to worry about, without taking on a company losing £660000 a day / 240million a year. BMI is dead, it's a shame because it's a great company.
If there was a way for Virgin to take BMI as it is, without it's debts, shut it down, and re open as Virgin Europe and feed the long haul network it might work, but as a going concern, it would kill both airlines, and fast.
Two wrongs rarely make a right, as BMI proved when purchasing B|MED
I like both airlines, but I don't see it working.
If LH can't make good of their investment with heaps and heaps of cash, then what chance do Virgin have? it's not like they are sitting on a ton of money that they are willing to throw about in some crazy attempt to make BMI work for them, Virgin have their own dwindling profit and market share loss to worry about, without taking on a company losing £660000 a day / 240million a year. BMI is dead, it's a shame because it's a great company.
If there was a way for Virgin to take BMI as it is, without it's debts, shut it down, and re open as Virgin Europe and feed the long haul network it might work, but as a going concern, it would kill both airlines, and fast.
Two wrongs rarely make a right, as BMI proved when purchasing B|MED
I like both airlines, but I don't see it working.
Join Date: May 2011
Location: IOM
Posts: 967
Likes: 0
Received 0 Likes
on
0 Posts
If this happened, it WOULD become Virgin BMI quite likely i.e. Virgin British Midland - with the slots included, it could seriously challenge BA more in the LHR market for it's connections - I would personally love to see a Virgin product inter-EU, but at the same time, I would hate to see BMI and the guys at BMI go.
It's tense, but why stupid threads throwing theories around without backed up evidence? Sure, it's a rumour network etc etc etc - but why not just stick it to the BMI thread?
Using the footer:
I think 'sciolist' is the correct word for most of this at the moment.
It's tense, but why stupid threads throwing theories around without backed up evidence? Sure, it's a rumour network etc etc etc - but why not just stick it to the BMI thread?
Using the footer:
As these are anonymous forums the origins of the contributions may be opposite to what may be apparent. In fact the press may use it, or the unscrupulous, or sciolists*, to elicit certain reactions.
*"sciolist"... Noun, archaic. "a person who pretends to be knowledgeable and well informed".
*"sciolist"... Noun, archaic. "a person who pretends to be knowledgeable and well informed".
Join Date: Nov 2001
Location: Inside the M25
Posts: 2,404
Likes: 0
Received 0 Likes
on
0 Posts
The difference between bmi and Caledonian etc is that Caledonian were never the second biggest operator at LHR. That's why it's an issue as far as competition is concerned. Though having said that, the current 11% is far less of an issue than the 18% that it used to be.
Virgin would be stronger with bmi, and vice versa. Bmi needs better branding; Virgin needs better connectivity. It's a marriage made in heaven, and the workers at bmi have known that for years. Unfortunately, the heads of both airlines apparently didn't get on in the past ..... However, whether the investment of time and money now required to make it work is available to either is a different question.
Virgin would be stronger with bmi, and vice versa. Bmi needs better branding; Virgin needs better connectivity. It's a marriage made in heaven, and the workers at bmi have known that for years. Unfortunately, the heads of both airlines apparently didn't get on in the past ..... However, whether the investment of time and money now required to make it work is available to either is a different question.
Join Date: Mar 2008
Location: LV
Posts: 2,296
Likes: 0
Received 0 Likes
on
0 Posts
Apart from aquiring the Caledonian name again, BA never took over or aquired Caledonian- they were the inhouse subsidiary developed from BAirtours. Infact BA offloaded Caledonian to the Carlson group.
Join Date: May 2007
Location: Ireland
Posts: 175
Likes: 0
Received 0 Likes
on
0 Posts
BA have taken over/acquired the likes of Caledonian, DanAir, Brymon over the years, I seem to recall. So wouldn't be that unusual for BA to snap up the competition?
Chieftan o'the Pudden Race
Join Date: Nov 1997
Location: Scotland usually, and often other parts of Europe
Age: 55
Posts: 826
Likes: 0
Received 0 Likes
on
0 Posts
Cabin Crewe,
BA bought British Caledonian in December 1987. BCal retained the rights to the name Caledonian and BA rebranded Airtours as such in 1988.
Caledonian was sold to the Inspiration Group which was part of Carlson, in 1995. Inspirations became part of Thomas Cook in 1999. Then it was merged with Flying Colours to form JMC and then Thomas Cook.
If I remember correctly, BCal were in protracted negotiations with SAS during the summer of 87, when BA came along and in the space of 3 days a deal was done with BA, and that was the end of BCal. Is this prescient?
BA bought British Caledonian in December 1987. BCal retained the rights to the name Caledonian and BA rebranded Airtours as such in 1988.
Caledonian was sold to the Inspiration Group which was part of Carlson, in 1995. Inspirations became part of Thomas Cook in 1999. Then it was merged with Flying Colours to form JMC and then Thomas Cook.
If I remember correctly, BCal were in protracted negotiations with SAS during the summer of 87, when BA came along and in the space of 3 days a deal was done with BA, and that was the end of BCal. Is this prescient?
Join Date: Jan 2008
Location: LHR
Posts: 741
Likes: 0
Received 0 Likes
on
0 Posts
I have received from a good source that Virgin is to buy bmi with BA buying 6 slot pairs as part of the deal
Join Date: Aug 2004
Location: Hemel Hempstead
Posts: 1,092
Likes: 0
Received 0 Likes
on
0 Posts
As I said on the other thread, the 'Virgin Group' could buy BD, without the politics of VS/SQ. It could then be run like VX/VA until such a time as it could be brought together.