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-   -   Virgin Atlantic (https://www.pprune.org/airlines-airports-routes/436765-virgin-atlantic.html)

Bluebaron 15th Dec 2010 10:37

Virgin Atlantic
 
Rumours been going on for some time but looks like they are hotting up!

Virgin Atlantic Receives A String Of Approaches Over Possible Tie-Up Or Merger | Business | Sky News

411A 15th Dec 2010 12:18


Who will Buy Virgin Atlantic?

BA perhaps...so they can get their well trained CC in quick time, in order to replace BA's present malcontent CC...in equally quick time.:}

Basil 15th Dec 2010 12:42

. or perhaps not if this chap's comment is anything to go by:


I have however noticed a real change in the overall attitude of the cabin crew recently (I fly Virgin every couple of months to return to the US to see family) and just wondered if anyone knew why this may be?

sb_sfo 15th Dec 2010 12:58

I wonder if they can keep going as an independent (given their ownership structure) niche player when every deal these days seems to be about alliances. SkyTeam would seem to be the logical choice.

sky9 15th Dec 2010 13:19

The old rumour was a tie up with B Midland, Lufthansa were never very happy at having to buy Mr Bishop out. Tying in Lufthansa Singapore and Virgin would make a lot of sense for the Star Alliance.

Agaricus bisporus 15th Dec 2010 13:26

Any idea how much it's worth?
No I'll rephrase that, any idea how much it might sell for?

helen-damnation 15th Dec 2010 17:21

Keep an eye on the middle east :}

LD12986 15th Dec 2010 20:49


Keep an eye on the middle east
Though EU ownership rules prevent a non-EU airline taking a majority stake and I think that is one of the main stumbling blocks to any deal with a US/Middle Eastern carrier. SQ's 49% stake has been up for sale for literally years and there haven't been any serious contenders for it.

ImPlaneCrazy 15th Dec 2010 21:26

Hmmm I don't see it as very likely any of the Middle Eastern carriers getting too involved with this deal; they're extremely focussed on their own bases out in the homelands and would be reluctant to explore 'new' territories.

I'd expect VS to be holding talks with an American carrier something along the lines of Delta / United / American (maybe?) as well as some European big players such as Lufthansa or bmi... I remember something coming out a little while ago about VS wanting to explore the short haul sector, so I wouldn't be suprised to see a potential interest with the likes of Thomson / First Choice / TAP.

SuperStewardess 15th Dec 2010 21:39

Or easyJet..? :ok:

ImPlaneCrazy 15th Dec 2010 21:46

Ha! I specifically resisted the urge to put easyJet but still... two completely different business models so can't see those getting together. At least with the likes of Thomson / FC etc there is still a pretty large focus on premium service, whereas with the LoCo's it's more of a price dominated sector.

Could also explain why VS have purchased 2 A333s without Upper Class suites, maybe looking into the simply Premium + Economy config for charter routes?

Aero Mad 15th Dec 2010 21:51

The fact that they are A333s would also add to this possible theory.

411A 15th Dec 2010 21:59


I'd expect VS to be holding talks with an American carrier something along the lines of Delta / United / American (maybe?) as well as some European big players such as Lufthansa or bmi...
Your expectations might well be spot on, as our Dir Marketing (the original ex-Laker head honcho in the same capacity) says...'expect a surprise'.
He won't say more (jungle drumbs beating) and I ain't asking.:\

The SSK 16th Dec 2010 08:26


ImPlaneCrazy: Hmmm I don't see it as very likely any of the Middle Eastern carriers getting too involved with this deal; they're extremely focussed on their own bases out in the homelands and would be reluctant to explore 'new' territories.
Not so. Emirates tried to buy Austrian. Etihad has reportedly tendered for 30% of Montenegro Airlines. Both Emirates and Qatar are in the running to buy 49% of Adria. Qatar has just concluded a deal with the Romanians to give them fifth-freedom rights out of Bucharest.

Of course they are looking to expand outside their tiny home market. Qatar (pop 1.5 million) has more widebody seats in its orderbook than British Airways has in its current fleet.

StoneyBridge Radar 16th Dec 2010 09:26


I'd expect VS to be holding talks with an American carrier something along the lines of Delta / United / American (maybe?)

Your expectations might well be spot on, as our Dir Marketing (the original ex-Laker head honcho in the same capacity) says...'expect a surprise'.
He won't say more (jungle drumbs beating) and I ain't asking.
Those jungle drums seem to be spelling D-E-L-T-A to me.

What cost to buy Singapore's 49% complete with associated LHR slots, immediate access to unserved-by-Delta California - LHR and all routes East and South, compared to the overinflated prices all the US carriers paid for access to LHR just a couple of years ago?

Could be a relative bargain.

Rgds

Whitehatter 16th Dec 2010 09:30

No serious contender will want to be involved until the Cold Hand of Branson has a few fingers severed and he loses the majority stakeholder position. That alone has ensured the Singaporean stake remained unsaleable.

Any kind of flotation or restructuring of Virgin Atlantic will need the existing shareholders to be reduced or eliminated, with a nod to the EU rules. For that alone it'll be a tough deal to try and call. Many potential bidders won't fancy Sir Beard being involved in their companies either which means share swaps may not be the ideal solution.

BTW the two A333 with no Upper are for MAN and LGW Orlando services that traditionally haven't sold well in the front cabin, as they are packed out with Virgin Holidays punters off to see the mouse.

StoneyBridge Radar 16th Dec 2010 15:53

Virgin Atlantic Has Been Approached About Deals - NYTimes.com

Another reference to Delta.

Seljuk22 27th Dec 2010 11:29

Tony Fernandes (Air Asia) has just contradicted rumours that he would buy Virgin Atlantic.

Skipness One Echo 27th Dec 2010 11:57

For an airline that rolled out a whole new livery this year they've stopped painting. Three B747-400s and that was it. Telling?

The A340s that came back from storage went straight into service.

ImPlaneCrazy 27th Dec 2010 12:18

I highly doubt that they have stopped painting; with all of the disruption that has been of late I'd say it's put a right spanner in the works regarding their painting schedule with all aircraft being stuck in overseas locations and utilised to the max with recovery flights etc.

They will get done... sometime! :bored:


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