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Flybe-9

Old 3rd Dec 2018, 15:42
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The problem - as has already been stated - is that the slots Flybe is using at LHR are remedies from the IAG/bmi takeover, and if they are relinquished by Flybe they would be made available for another airline to use to Aberdeen, Edinburgh, etc. It seems likely that IAG/BA would be subject to attention from the Competition and Markets Authority should it acquire Flybe.
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Old 3rd Dec 2018, 15:44
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just curious CS, with numerous New York options available ex Manchester why Heathrow?
Numerous? Ohh bagso, for last summer we had
From MAN :
VS JFK
UA EWR
TCX JFK
Total 3 daily? Am I missing some more MT perhaps?

From LHR :
UA EWR x 5
BA EWR x 2
BA JFK x 8
AA JFK x 4
DL JFK x 2
VS JFK x 6
VS EWR x 1
Total = 28 daily
* exludes AI LHR-EWR now canned

On frequency (and price in Y) you can have UA or VS out of LHR with more options than MAN.
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Old 3rd Dec 2018, 16:16
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Originally Posted by Plane.Silly
So wouldn't this provide an opportunity if BA take over to concentrate BE solely on the UK domestic market. They could get BE to operate these routes for them instead, freeing up their own metal for other, more lucrative routes
Bearing in mind how BA had to exit its domestic service because of losses all those years ago. What has changed that will make it more profitable for them ?
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Old 3rd Dec 2018, 16:23
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Originally Posted by racedo
Bearing in mind how BA had to exit its domestic service because of losses all those years ago. What has changed that will make it more profitable for them ?
The BA regional operation of old was saddled with high legacy cost that have largely been stripped away over the years. At the time, it was easier to just cut loose completely rather than to enact wholesale cost reduction exercises.

Last edited by The96er; 3rd Dec 2018 at 17:47.
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Old 3rd Dec 2018, 17:37
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Originally Posted by EastMids
The problem - as has already been stated - is that the slots Flybe is using at LHR are remedies from the IAG/bmi takeover, and if they are relinquished by Flybe they would be made available for another airline to use to Aberdeen, Edinburgh, etc. It seems likely that IAG/BA would be subject to attention from the Competition and Markets Authority should it acquire Flybe.
Although if BA used the remedy slots for MAN/ABZ/EDI etc, could they then use some of their own MAN/ABZ/EDI slots for those destinations?
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Old 3rd Dec 2018, 17:49
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Originally Posted by AirportPlanner1
Although if BA used the remedy slots for MAN/ABZ/EDI etc, could they then use some of their own MAN/ABZ/EDI slots for those destinations?
The slots Flybe are using for ABZ, EDI and NQY were taken from IAG/BA by the competition authorities when IAG acquired BMI. I cannot see any way that those slots would be allowed to go back to BA again (or to another member of the IAG group) even if BA/IAG/Flybe said they were still going to be used on ABZ/EDI/NQY - at least not until other airlines had been given ample opportunity to pitch for them. Those slots were released to enable competition, and competition is usually not allowed to be stifled by a corporate takeover by one of the competing parties. At best, an IAG acquisition of Flybe is likely to be LHR slot-neutral for BA and IAG.
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Old 10th Dec 2018, 01:13
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Originally Posted by The96er
There were no LHR-MAN remedy slots. There must be another source for the slots.
I think VS used slots they'd rented from Cyprus Airways for Manchester.

VS always sniff around airlines in distress but don't think they are seriously interested. Unless their new mentors DL/AF/KL have ideas
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Old 10th Dec 2018, 07:50
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Originally Posted by SealinkBF
I think VS used slots they'd rented from Cyprus Airways for Manchester.

VS always sniff around airlines in distress but don't think they are seriously interested. Unless their new mentors DL/AF/KL have ideas
Nearly! The VS slots for MAN were leased TO other airlines. One of the conditions of the remedy slots is that the recipient must be using all of their own slots and cannot have any leased out. So they had to launch something quickly to be eligible. Thats why MAN started before the Scottish routes.
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Old 18th Dec 2018, 12:20
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Do we take it now that no news is good news. As the dust has settled on all the rumours of doom and gloom has there been any movement towards a sale?
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Old 18th Dec 2018, 14:06
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Originally Posted by Alteagod
Do we take it now that no news is good news. As the dust has settled on all the rumours of doom and gloom has there been any movement towards a sale?
Unless we are talking about an urgent firesale situation the due diligence (financial, commercial, legal, HR, competition clearance) would take at least 6 weeks and even then the M&A team would need to get the various board approvals before making a formal bid.
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Old 18th Dec 2018, 14:08
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Guess depends how you look at, shares have risen a small amount over the past few weeks, but in terms of a sale/take over, no news is probably not so good.
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Old 19th Dec 2018, 07:20
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It seems Virgin are "talking" to Flybe, according to the BBC this morning.
https://www.bbc.co.uk/news/live/business-46593734
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Old 19th Dec 2018, 08:50
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https://uk.reuters.com/article/uk-flybe-group-m-a-virgin-atlantic/virgin-atlantic-says-takeover-talks-with-flybe-ongoing-idUKKBN1OI0K6
talks ongoing.
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Old 19th Dec 2018, 09:00
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Taking to suggests dictating of terms by the buyer, talking with indicates a more amicable two way approach.
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Old 19th Dec 2018, 18:44
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They've been talking for a month and sadly, VS have form in talking the talk but not walking the walk. Worrying time for Flybe.
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Old 19th Dec 2018, 19:28
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Originally Posted by SealinkBF
They've been talking for a month and sadly, VS have form in talking the talk but not walking the walk. Worrying time for Flybe.
At least they are talking. In the end we don't know what they are talking about. People assume that it's about them buying Flybe but it could be something different like a joint venture or Flybe operating as a franchise partner of Virgin. It's Xmas now so any talks won't resume till next year and Flybe aren't in imminent danger of collapse.
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Old 20th Dec 2018, 09:31
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I suppose there won’t be much progress with any talks until the festive holiday period is over any way... once in to the new year will be crunch time I’d imagine.
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Old 24th Dec 2018, 12:10
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LBA-MUC launching next year.
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Old 24th Dec 2018, 12:42
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Originally Posted by SealinkBF
LBA-MUC launching next year.
Is it wise to be going up against bmi in the financial condition they are currently in.
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Old 24th Dec 2018, 12:52
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Originally Posted by SealinkBF
LBA-MUC launching next year.
Really? What's the source?
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