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IAG mulls takeover of Norwegian?

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IAG mulls takeover of Norwegian?

Old 15th May 2018, 14:55
  #61 (permalink)  
 
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Great, that's what we need.... more Ryanair.
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Old 15th May 2018, 16:29
  #62 (permalink)  
 
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Given that anecdotally Norwegians T&Cs would appear to be worse than FRs and there seems to be a core of pilots who flip flop between these loco type carriers then perhaps it might well be a wake up call to them all to finally pull their fingers out, find an airline to build a career at and join a bleedin union and stick up for themselves for the betterment of us all. Then again maybe pigs will fly and these guys and gals will pop back to the sandpit/asia [insert region as appropriate] in search of another low tax break gig.
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Old 15th May 2018, 17:12
  #63 (permalink)  
 
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https://www.flightglobal.com/news/ar...-upset-448536/
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Old 15th May 2018, 19:05
  #64 (permalink)  
 
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Bad T&C´s at Norwegian. Define bad? I made 123.000 pounds last year as a first year skipper, excluding pension... Is that really horrible? Yes we can do better in a few areas (and we are working on it), but to almost write it off as a place not to have a career is laughable and simply not true...

All i see are happy faces everyday overall. Miles away from what I experienced at "the harpe" and previous jobs I had.

(Ps. Sorry in advance for adding positivity on PPRuNe...)
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Old 16th May 2018, 06:11
  #65 (permalink)  
 
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Why would IAG help Ryanair become a bigger competitor? it does not make any sense at all. If anything the idea would spur on other groups to buy Norwegian to avoid that hapening.
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Old 16th May 2018, 16:43
  #66 (permalink)  
 
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BA absorbs NLH, and packages off the N-SH together with its own BA short haul for sale to Ryanair?
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Old 16th May 2018, 18:10
  #67 (permalink)  
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BA has considerable experience in nobbling opposition. Not just Laker and VS in long haul but a whole slew of domestic UK carriers (Manx, Brymon, etc.) have been taken over and curbed/eliminated. It is was large corporates do - irrespective of the actual business. They do it in finance, vehicles, retail. If you cannot beat the opposition, the SOP is to eliminate them.
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Old 16th May 2018, 18:14
  #68 (permalink)  
 
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Don't see an issue in it. It's just business.
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Old 16th May 2018, 18:15
  #69 (permalink)  
 
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British Airways SH are not really comparable to Ryr as they are a premium brand,
BA is not buying Norwegian, IAG is . IAG already has 1 low cost airline that does compete head on with Ryanair, ie. Vueling.
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Old 17th May 2018, 22:24
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Old 18th May 2018, 08:07
  #71 (permalink)  
 
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Good read about the state of the European industry to add some truth to most of the nonsense written above....

https://centreforaviation.com/insigh...hinking-417376
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Old 18th May 2018, 08:16
  #72 (permalink)  
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Originally Posted by bigjarv View Post
Good read about the state of the European industry to add some truth to most of the nonsense written above....

https://centreforaviation.com/insigh...hinking-417376
I don't see why it is wanting to compare European SH with N America and claim that it is all still smaller than aviation in N America. Utterly irrelevant.
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Old 18th May 2018, 23:03
  #73 (permalink)  
 
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That article is the biggest load of rubbarb I have read. Why is it implying the US model is best? We have stringent anti competition laws, the EU can and does block large mergers. Competition is a good thing, drives innovation, I do not see how or why having that US model is a good thing. Certainly all it would do from a wages point of view is drive them down!

Originally Posted by bigjarv View Post
Good read about the state of the European industry to add some truth to most of the nonsense written above....

https://centreforaviation.com/insigh...hinking-417376
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Old 19th May 2018, 23:11
  #74 (permalink)  
 
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“If IAG were to acquire Norwegian and its 3% share of seats in Europe, this would just take the expanded IAG to the top of the European ranking by seats, with a share of 12% (to be more precise, it would be 12.24% – very slightly ahead of Lufthansa Group's 12.17%).”

Some statistics and facts like the one above I’ve copied out are what you need. The article is full of them. Forget about the America comparison. Just read some stats. Very interesting in my opinion especially after reading lots of miss information above. Norwegian is tiny.
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Old 19th May 2018, 23:23
  #75 (permalink)  
 
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Originally Posted by UAV689 View Post
That article is the biggest load of rubbarb I have read. Why is it implying the US model is best? We have stringent anti competition laws, the EU can and does block large mergers. Competition is a good thing, drives innovation, I do not see how or why having that US model is a good thing. Certainly all it would do from a wages point of view is drive them down!


You couldn’t be more wrong. Profitability improves wages. Do you know how much the big American Airlines salary structures are? Their terms and conditions are streets ahead of Europe. Airlines in Europe are largely unprofitable so have to drive down terms and conditions to compete with each other on price.

Anyway I don’t care what happens in America. I just wanted to put some facts into the conversation.
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Old 19th May 2018, 23:43
  #76 (permalink)  
 
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How much holiday do they get in the US compared to us, bigjarv? Significantly less. Crunch the numbers to take that into account and then see how streets ahead the terms and conditions are. Not quite such a difference then.
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Old 19th May 2018, 23:46
  #77 (permalink)  
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I cannot agree that improving profitability is ALWAYS good for staff. Nowadays, the high altar of the Shareholder comes first. Then the mgmt bonus, then the staff.
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Old 20th May 2018, 06:14
  #78 (permalink)  
 
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In Europe the company with biggest profits offers the worst contracts (atleast amongst the big players)
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Old 20th May 2018, 22:38
  #79 (permalink)  
 
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Again... just wanted to put some facts in with that article to counter the usual rumours and news! If it’s not useful or interesting sorry to waste your time.

Profitability is generally a good thing and brings the most positivity to most people. Insecurity and lean margins do not. Competition is vital to innovation. Monopoly (like google) with a single dominant player is not healthy for “the people”. I don’t believe that is rocket science.

My opinion is that the European aviation industry needs to be more stable and more profitable.

Last edited by bigjarv; 20th May 2018 at 22:49.
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Old 20th May 2018, 22:48
  #80 (permalink)  
 
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Originally Posted by RexBanner View Post
How much holiday do they get in the US compared to us, bigjarv? Significantly less. Crunch the numbers to take that into account and then see how streets ahead the terms and conditions are. Not quite such a difference then.
Rex... it’s still extremely good yes.

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