Flybe-9
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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.
just curious CS, with numerous New York options available ex Manchester why Heathrow?
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.
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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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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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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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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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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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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It seems Virgin are "talking" to Flybe, according to the BBC this morning.
https://www.bbc.co.uk/news/live/business-46593734
https://www.bbc.co.uk/news/live/business-46593734
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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.
