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-   -   bmiBaby threads (merged) (https://www.pprune.org/airlines-airports-routes/478406-bmibaby-threads-merged.html)

nitefiter 9th Apr 2012 14:05

before last xmas mate!!!!

AirGuru 10th Apr 2012 08:43

We can only expect a Baby announcement after the sale of BMI has been completed with IAG in my opinion. What happened to the two interested parties that were rumoured a while ago, one was a EU based one and one was Welsh if i recall ?

Arkroyal 10th Apr 2012 10:39

FR

It is really quite simple.

Since October last year we've been told we'll all know in two weeks.

In two weeks time, when we know nothing we'll be told after another 14 days.

After 14 days when we are told Jack sh1t we'll know after a further fortnight.

Simples :rolleyes:

Flying Wild 10th Apr 2012 13:09

Apparently the Welsh lot were preferred buyers until they realized they had their sums wrong. DLH went back to the EU group with an unrealistic timescale to complete. it'll probably complete after IAG take possession, but then again could happen before that.

AirGuru 10th Apr 2012 14:29

Thank you Flying Wild ! Hmm, yes that does now look possible then ! So there aren't any current bidders then, at least not speculated by the media. I believe that the welsh ones involved previously wanted to set up their own airline, but must have made some serious miscalculation when it came to Baby !

Flying Wild 10th Apr 2012 14:49

Wind back the clock several months and both the Welsh and EU groups were in the frame (probably the two term sheets previously mentioned). Two bids were submitted to DLH, one significantly lower than the other. DLH in their collective wisdom went with the unknown Welsh quantity and look where we are now.
If they'd taken advice from those in the know and hadn't just gone with the cheapest option, perhaps we wouldn't be in this situation now and Baby would have an idea of it's future... As it is they had to go cap in hand to the EU group and ask them to proceed.

AirGuru 10th Apr 2012 14:55

Cant have looked very good for the Baby representatives then !
I just do not understand, why DLH went with the lower offer ? And then why the welsh group pulled out. Surely, if you had the intention, you would just put your head down and go for it. But that doesnt seem the case ?

sjm 10th Apr 2012 15:06

If the rumours at baby are true, you couldn't make it up, if it wasn't mine and others futures on the line I would find it funny....it amazing that a company the size of LH didn't know what a shower this lot were.:mad:

Disclaimer : I have no factual evidence to back this up( purely hearsay) no animals were hurt.

You haven't seen me right!

Standing by for the incoming phone call .........:cool:

runway30 10th Apr 2012 15:22

One of the directors of the company was declared bankrupt before the term sheet was signed.........you'd think that Lufthansa would have noticed.

eastern wiseguy 10th Apr 2012 16:38

If folks like INKJET are to be believed .Baby has a heap going for it.......why not a staff buyout?

AirGuru 10th Apr 2012 16:52

Yes, indeed R30, i would have thought that any potential buyers were financially checked out by DLH before any term sheet was signed ! True shame, i thought that they could have done well at Baby, but hey ho, im sure baby will find a buyer.
Then again, the only thing going for it is its amazing staff members, and its established brand and route network. Other than that, there are severely outdated aircraft still in operation, and a huge saddle of debt for any buyer to jump onto ! If i was interested in getting an airline, i would rather start afresh than to acquire baby, if im honest. Whereas an established airline could say the same, why would we need baby's fleet etc. where we have our own, and are quite capable of expanding by 14 Aircraft. But as i said, FR and EZY among others would love to see the demise of baby, to hook into the market at baby's bases.
Personally though, i wish they are saved, a good, historic British airline with British bias and great staff who i have dealt with before. Don't want to see them gone to waste !

Flying Wild 10th Apr 2012 17:20


Originally Posted by AirGuru (Post 7127628)
Cant have looked very good for the Baby representatives then !
I just do not understand, why DLH went with the lower offer ? And then why the welsh group pulled out. Surely, if you had the intention, you would just put your head down and go for it. But that doesnt seem the case ?


My Bold. I understand that they may have neglected to factor in the massive maintenance costs which are looming on the horizon for the classic 737s.
Sounds like a pretty basic thing to get wrong.

From my perspective, Shame on DLH for not looking into the background of prospective takers. They've wasted several months now and it isn't helping morale.

Justin Cyder-Belvoir 10th Apr 2012 17:26

eastern wiseguy
 
What a brilliant plan :D


If folks like INKJET are to be believed .Baby has a heap going for it.......why not a staff buyout?
There are enough staff to make it viable:ugh:

Over to Inkjet for the reasons why not:D

TwinAisle 10th Apr 2012 17:27

Can I suggest that some recent posters who clearly know nothing but speculate a lot just do everyone a favour and shut up? I refer particularly to AirGuru - or should we call you Aviation Wales, Benjiman or what? - and FlyingWild - several posts of speculation based around a speculative newspaper article adds up to nothing.

Let those who are involved do what they need to do; you aren't involved, those that are will be under serious NDAs and won't be writing on here, and all you are doing is adding to the tension amongst people with a career interest in this affair. Stop it.

TA

Say again s l o w l y 10th Apr 2012 21:28

There's a lot of total nonsense been posted recently about Baby by people who really do seem to know naff all.

MANTHRUST 10th Apr 2012 21:39

Rumour Network?

Say again s l o w l y 10th Apr 2012 22:08

I would use a phrase that more closely resembled "Rollocks Network" rather than Rumour in this case.

pwalhx 11th Apr 2012 07:33

There is a subtle difference between rumour and speculation, unfortunately I suspect there has been more of the latter.

INKJET 11th Apr 2012 09:38

The BR may lift a little tomorrow!

nitefiter 11th Apr 2012 12:34

lifting it a little won't help, from the general mood amongst the troops it needs to go ways up.


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