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Flybe-9

Old 3rd Dec 2018, 17:49
  #1241 (permalink)  
 
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Originally Posted by AirportPlanner1 View Post
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
  #1242 (permalink)  
 
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Originally Posted by The96er View Post
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
  #1243 (permalink)  
 
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Originally Posted by SealinkBF View Post
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
  #1244 (permalink)  
 
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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
  #1245 (permalink)  
 
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Originally Posted by Alteagod View Post
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
  #1246 (permalink)  
 
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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
  #1247 (permalink)  
 
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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
  #1248 (permalink)  
 
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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
  #1249 (permalink)  
 
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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
  #1250 (permalink)  
 
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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
  #1251 (permalink)  
 
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Originally Posted by SealinkBF View Post
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
  #1252 (permalink)  
 
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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
  #1253 (permalink)  
 
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LBA-MUC launching next year.
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Old 24th Dec 2018, 12:42
  #1254 (permalink)  
 
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Originally Posted by SealinkBF View Post
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
  #1255 (permalink)  
 
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Originally Posted by SealinkBF View Post
LBA-MUC launching next year.
Really? What's the source?
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Old 24th Dec 2018, 13:18
  #1256 (permalink)  
 
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Originally Posted by SealinkBF View Post
LBA-MUC launching next year.
Maybe you're thinking of BMI?
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Old 24th Dec 2018, 13:44
  #1257 (permalink)  
 
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https://www.yorkshireeveningpost.co.uk/news/flybe-announce-new-flight-from-leeds-bradford-airport-in-2019-1-9482709
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Old 24th Dec 2018, 14:04
  #1258 (permalink)  
 
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Why are they picking fights with AIL again?
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Old 24th Dec 2018, 15:17
  #1259 (permalink)  
 
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I still think a combined flybe/bmi/loganair is the logical future. Maybe they want to show some resistance?
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Old 24th Dec 2018, 16:10
  #1260 (permalink)  
 
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SealinkBF Your article refers to FlyBe's LBA-INN service.
It is Flybmi that are launching LBA-MUC
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