A BA low cost unit named Monarch (in her 90th year).
Sounds much better than Vueling! That is my own made up rumour, so will probably now be front page headlines! |
Good thinking Buster, What do BA get out of it? staff who WANT to be at Gatwick , staff at BHX and Manchester to operate from the regions instead of being London Airways and the prime prize, the best engineering in British aviation Who am I with these wild ideas, long term BA Captain[long since retired]
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I wrote an article on the very same theme 18 months ago. It would be an ideal opportunity for either BA or IAG to buy them to cement their position at Gatwick.
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I think its odds on the Chinese will be taking a stake of at least 49per cent ...
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They'll not be able to take a stake of more than 49%, surely?
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Chinese cannot no but an EU company can
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The EU have said they are prepared to look at the deal due with a view to raising the figure due to the inward investment into the EU it may bring
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that might be ok if britain is still in the EU
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Whilst we will never know the nature of talks behind closed doors, its good to hear that Greybull or refer that its intentions are Growth through Europe and that they are not looking to sell-up!
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Appears that they may be selling Manchester engineering .... http://www.manchestereveningnews.co....osure-11212258
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Guess it's the Monarch hangar that Jet2 are looking to acquire at Manchester then?
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Well its certainly going , Staff has been issued redundancy notices i believe , Selling to jet 2 may be the best outcome in the circumstances , Good luck to all those staff effected.
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Monarch not for sale.
Boss says Monarch are not for sale.
Monarch Airlines boss says eyeing acquisitions, not for sale - Finance News - London South East |
Seems they are interested in acquiring Thomas Cook or TUIfly. I don't understand the logic behind Monarch wanting to buy either, seeing as they've have just completed a transition from a leisure to a low cost/hybrid model.
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Rather selfishly, I hope Monarch don't take over TCX.
After Monarch abandoned long haul, cut the base capacity of MAN and now potentially selling the hangar, Manchester stands to loose quite a lot should a similar pattern happen if the brought TCX. |
Thomas Cook are here to stay. So are TUI. I dont understand how such news pieces get put together and are believed as credible. Do people not understand how huge these tour groups are ? Greybull would not get a look in at buying any part of their businesses right now, never mind their airline brands! Air Berlin, well thats a another story.
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On the contrary, Thomas Cook owners have several times been quoted, OK in the media, but quoted none the less as considering divesting themselves of the airline to concentrate on their core business. TUI - I agree with you, sale unlikely.
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The model on how holiday makers get to their resorts has been changing- tour operators now book lots of their customers on to the likes of EasyJet. It is not unfeasible if you want to expand that you buy an airline that largely carries holidaymakers and operate it as a scheduled service carrier selling seats to holiday companies. Monarch have been doing that for years and taking TCX gives a way to expand the existing business model Not so true yet in of Germany- and I doubt TUI would go that way but TCX might.
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