Originally Posted by BCAR Section L
(Post 9925502)
Niki Lauda in todays Welt am Sonntag. Basically the German Sunday Times.
http://www.telegraph.co.uk/news/worl...g-airline.html AUA-Verkauf besiegelt: Kranich soll Flügel verleihen « DiePresse.com |
Originally Posted by BCAR Section L
(Post 9924111)
Lufthansa are 34% government owned ...
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How about we all stick to original theme of this thread : Air Berlin filing for bancruptcy ??
Fact is Air Berlin went bancrupt afer all these many years of losses. Fact is the German Government took its responsibilities for its Citizens - AB Passenger - serious and enabled a well coordinated repatriation for those abroad. Fact is the KFW credit of 150 mio Euro will be payed back from the payment of 220 mio Euro LH layed on the table for "aircraft". So very different from that Monarch case no tax money wasted. I tend to bet that in a month or two no "better knowing" and even more the public will waste a word on the case. |
Originally Posted by BCAR Section L
(Post 9925684)
Germany’s transport ministry already faces allegations by the European Commission ...
Originally Posted by BCAR Section L
(Post 9925684)
The truth ...
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Originally Posted by BCAR Section L
(Post 9925697)
I think it's much ado about nothing. |
Originally Posted by BCAR Section L
(Post 9925746)
I wonder how pprune would have responded if monarch had been given a government loan and then the public informed that a committee would deal with the sale to the highest bidder. On the committee would be british airways and british airways end up buying all the good bits at a very good price...
As was BeeMed. As was Midland. Thank heavens.
Originally Posted by BCAR Section L
(Post 9925746)
Michael O'Leary has judged the air berlin situation correctly. This is not about an orderly shut down ...
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Originally Posted by Musician
(Post 9925830)
... There's the high-speed rail system, ...
So the expectable boost in rail fares will free up tax money for infrastructure refurbishing, which seems a better investment than domestic flight from no less packed airports at giveaway fares. But, yeah, ol' Eary has been wanting Air Berlin so badly for so many years now. |
Time and again we have seen that in relatively low populated countries two or more airlines are financially unsustainable.
Only in the US, with its significant market size, do we see a plurality of (relatively) successful airlines In an industry with a $10 per passenger profit, in good years, this shouln’t be a surprise. If you want to make a small fortune in this business, you need to start with a large one. |
Funny to watch this supposedly professional pilots network, where pilots are screaming for more competition.
When has competition ever done anything good for T & C's in Your profession gentlemen? |
Originally Posted by BCAR Section L
(Post 9926413)
lets see if the EU will be fussy about rules /regs/laws when a gain can be made?
Heck, from the German side, Air Berlin was meant to be a German Virgin or easyjet, but they never found the people to do it. Deutsche Bank was a driving force in the glueing together of smaller German airlines, one of which former British Airways'-IGS-successor Deutsche BA a.k.a. flydba, and IPOing that vehicle. The masters of da universe had spoken, which led former chairman of the LH supervisory board Weber to eliminate Deutsche Bank's seat in said board. Now the modu's taxi drivers have spoken. |
Originally Posted by heavydane
(Post 9926524)
Funny to watch this supposedly professional pilots network, where pilots are screaming for more competition.
When has competition ever done anything good for T & C's in Your profession gentlemen? |
Last longhaul flight landing in DUS with a special pilot feat..
https://www.youtube.com/watch?v=N78rajMN0Mo as seen from ATC https://m.facebook.com/thomas.einwag...02720496416451 |
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I am really surprised by this development. Unless they manage to impose drastically lower T&C (unlikely) I don't see the business case.
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Pilots never learn you have to assume AB were not aware
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Passengers on board? Not acceptable, no matter what imho.
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Investigation?
You must be joking?
A little roll back and forth? What is the problem? Live a little! What has aviation downgraded to? |
If they're trowing in the towel after this what would they care...
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Pax are paying for a safe flight from A to B, not unwilling participants in a flyby. These guys should be hang, drawn and quartered. Don’t bother applying for a job at my Airline either, we don’t want you.
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