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Lufthansa Seems Close To Bid For Swiss - Facts!  
User currently offlineJohnnybgoode From Germany, joined Jan 2001, 2187 posts, RR: 6
Posted (11 years 3 months 3 weeks 2 days 3 hours ago) and read 11266 times:

hey,

i just wanted to provide some facts on how LH wants to takeover LX. i know that this very topic has been discussed several times, but for those who are looking for some precise information at one glance, i just wanted to provide a short overview of what i think seems to be very interesting move of taking over another airline.


accoding to Reuters and other sources (NZZ), LH´s board might soon foward the following take over-plan to LX:

* LX must get another 500 million Swiss franc ($351.9 million) injection of capital from its shareholders

* in return, LH would promise to pay back 300 million francs to Swiss investors via profit-sharing or dividends and the other 200 million in the form of options on Lufthansa shares

* the options would be exercisable in 2010 and give Swiss shareholders a seven percent stake in Lufthansa, making them the biggest minority investors in LH

* as reported several times, LH would integrate LX into its own network and have operational control

* it would keep the LX brand and maintain Zurich as a hub in addition to its own Frankfurt and Munich hubs

* as an additional prerequisite for this deal, LX must found a company which is required to sell surplus aircraft of LX´ fleet

currently, LX' biggest shareholders are the Swiss federal government with a 20.4 percent stake, UBS with 10.4 percent, the canton of Zurich with 10.2 percent and Credit Suisse Group with 10 percent.

it remains unclear whether they would be willing to stump up additional money - especially before parliamentary elections next month - to follow up on the public/private rescue of a national airline after Swissair collapsed in 2001.

however, it does seem unlikely that those shareholders regard the mere membership of LX in oneworld as viable means to return LX to profitibality.

http://www.nzz.ch/2003/09/07/wi/page-newzzDKASL0J8-12
http://biz.yahoo.com/rb/030907/airlines_1.html

---

ok, anyone´s thoughts?

best regards
daniel





If only pure sweetness was offered, why's this bitter taste left in my mouth.
94 replies: All unread, showing first 25:
 
User currently offlineStarFlyer From Germany, joined Sep 2002, 987 posts, RR: 1
Reply 1, posted (11 years 3 months 3 weeks 2 days 3 hours ago) and read 11213 times:

Keeping the brand and Zurich as a hub? Sounds like they are just saying that to calm the Swiss people, but to me both dont make sense.
Why keep a second corporate ID when LH's reputation is so much better and the marketing could be combined! Also the Zurich hub would really have to go as LH has just invested big money in MUC which is rather close.

Great for competition: The German, Austrian and Swiss national carriers will all be cooperating. Wonder if this is even going to get approval from the competition watchdogs.



Yours truly - StarFlyer
User currently offlineAviationMaster From , joined Dec 1969, posts, RR:
Reply 2, posted (11 years 3 months 3 weeks 2 days 3 hours ago) and read 11187 times:

If LH takes over SWISS, you can say goodbye to a Swiss national carrier within the next 5 years. On the brighter side, the Germans would be fighting over their own "Fluglärm". Big grin

User currently offlineUnique From Switzerland, joined Mar 2003, 1703 posts, RR: 35
Reply 3, posted (11 years 3 months 3 weeks 2 days 2 hours ago) and read 11138 times:

Again I'm very astonished how much "details" are known to newspapers! Let's see what really is going to happen...

User currently offlineBAJMowiec From United States of America, joined Aug 2003, 99 posts, RR: 0
Reply 4, posted (11 years 3 months 3 weeks 2 days 2 hours ago) and read 11127 times:

Hey,

I see possibilities here, if ''Lufa'' takes over LX, and that merger practically makes it one airline, then, like someone here said, AUA would chip in, and guess, what do you have then ? A big, really big all-Germanic airline, sort of like SAS, which incorporates Denmark , Sweden and Norway into one ! Any names for an airline like that ? Germania is taken ... It's just a thought, anyone else shares my view? Any comments?

Piotrek


User currently offlineRJ100 From Switzerland, joined Nov 2000, 4126 posts, RR: 29
Reply 5, posted (11 years 3 months 3 weeks 2 days 2 hours ago) and read 11114 times:

Strange, I have always thought that "NZZ am Sonntag" is the most reliable Sunday newspaper in Switzerland...so maybe this is going to happen!?

I still think that the Oneworld option is the better way to go. BA has slot problems in London and therefore would be more interested to keep a Swiss hub than Lufthansa that is promoting the Munich hub...

Regards,
RJ100



none
User currently offlineDoorsToManual From , joined Dec 1969, posts, RR:
Reply 6, posted (11 years 3 months 3 weeks 2 days 2 hours ago) and read 11104 times:

We are all living in interesting times!

User currently offlineMozart From Luxembourg, joined Aug 2003, 2239 posts, RR: 13
Reply 7, posted (11 years 3 months 3 weeks 2 days 2 hours ago) and read 11045 times:

I don't believe the "Germanic-equivalent-of-SAS" solution where OS, LX and LH merge. There is a cultural issue: the Scandinavians get on with each other, whereas the Swiss and the Austrians have "mixed feelings" to say the least about Germans. Lufthansa would be considered a German takeover and thus resented, especially in Switzerland. It is as if the US took over Mexico.

User currently offlineUA 777 From , joined Dec 1969, posts, RR:
Reply 8, posted (11 years 3 months 3 weeks 2 days 1 hour ago) and read 11002 times:

BAJMowiec: I see possibilities here, if ''Lufa'' takes over LX, and that merger practically makes it one airline, then, like someone here said, AUA would chip in, and guess, what do you have then ? A big, really big all-Germanic airline, sort of like SAS, which incorporates Denmark , Sweden and Norway into one ! Any names for an airline like that ? Germania is taken ... It's just a thought, anyone else shares my view? Any comments?

I disagree with you because I think it would be much wiser for LH to not let LX or OS disappear but make them a part of their network. They did the same with Air Dolomiti and it seems to be going very well. An independant product does not necessarily take away market share from LH but might open new markets for them.

regards


User currently offlineRJ100 From Switzerland, joined Nov 2000, 4126 posts, RR: 29
Reply 9, posted (11 years 3 months 3 weeks 2 days 1 hour ago) and read 10981 times:

Yes, but Air Dolomiti is more or less a feeder for Lufthansa while Swiss has its own route network.

Regards,
RJ100



none
User currently offlineCPH-R From Denmark, joined May 2001, 6057 posts, RR: 3
Reply 10, posted (11 years 3 months 3 weeks 2 days 1 hour ago) and read 10952 times:

One has to ask the questions: How big is LX's route network compared to LH's? It seems to me that LH's route network is that much bigger than LX's - and that if Lufti did take over LX, it would become a sort of feeder, where LX would bring passengers to the ZRH hub and then feed it on to FRA og MUC. Perhaps with a PrivatAir operation or two to cater for the business traffic going to/from Switzerland.

User currently offlineAndreas From Germany, joined Oct 2001, 6104 posts, RR: 31
Reply 11, posted (11 years 3 months 3 weeks 2 days 1 hour ago) and read 10949 times:

If I remember correctly, the oneworld solution means a shareholding of BA and then membership in Oneworld...what would one expect to gain from such a solution?
Some sort of independence for a Swiss national carrier?

Forget it, Swiss tried twice and screwed it up royally, so there are things now to be taken into account that have nothing to do with national feelings.
Swiss government needs a solution, and a quick one, Swiss on a standalone basis is not able to survive, that is a given fact now, so they need alternatives, a clear, not-too-expensive alternative exit, because (correct me if I'm wrong) there are budget restraints in Switzerland, too, and the government is not willing to pay any more trials to keep Swiss alive.

The LH solution provides exactly that...a getaway from the problem, with one-off costs in an acceptable amount PLUS sort of an equity kicker, and a management solution that has repeatedly proven to be able to solve problems such as the ones of Swiss.

If BA really wants to grab Swiss, they need to offer the same as LH, just a little cheaper...that's it!

Merger? Why that, there's really no need, and merge what? LH takes over Swiss, period, OS is another case! Yet these are valuable brand names that one should not destroy without need, and I don't see any need to do so!

Mozart, when money comes onstage, national feelings get kicked out of the door quite efficiently, and that is a good solution!



I know it's only VfB but I like it!
User currently offlineDoorsToManual From , joined Dec 1969, posts, RR:
Reply 12, posted (11 years 3 months 3 weeks 2 days ago) and read 10888 times:

Well, it was interesting to read Mozart's comments in a period when many are asking for closer ties throughout the EU....I'm not criticising your remarks Mozart, but I do think they were very interesting! I had the impression that most Europeans were happy and comfortable and didn't resent each other.....are cultural issues important? Probably, but others seem to think there are other priorities at the minute.

rgds


User currently offlineStar_member From Australia, joined Dec 2000, 185 posts, RR: 0
Reply 13, posted (11 years 3 months 3 weeks 1 day 23 hours ago) and read 10822 times:

it would be great if this deal goes ahead. i don't see the point of lh phasing out lx. the swiss brand is a good one despite the recent financial turmoils and bankruptcy. internationally, there is still a strong perception of an excellent product when we use the swiss brand. i think zurich will continue to have some key long haul routes eg new york, singapore, tokyo, london etc but many of the african routes will disappear and merged with lh. hope it all happens, swiss will be a good addition to star alliance

User currently offlineJohnnybgoode From Germany, joined Jan 2001, 2187 posts, RR: 6
Reply 14, posted (11 years 3 months 3 weeks 1 day 18 hours ago) and read 10721 times:

i second the opinion of Andreas, you hit on the nail!

and about national feelings. as i basically understand that some Austrian and Swiss people might resent the fact that their "national" airline might be taken over or controlled by a German airline, i think this would be a major step towards consolidation of the european airline industry, which is badly needed. we must stop restricting our minds by fences and borders.
it´s happenend in the US, and it is about to start here. there´s too much airlines, and especially in weak markets.

and from that point of view, i´m sure that no board member or member of higher management at LX and OS would stand in the way of integrating their airline with Lufthansa (except maybe for loosing their job) since those stand a much better chance of success than failed attempts such as KLM/Alitalia. it´s hard to combine airlines/companies with different corporate cultures, thus, imho, Swiss and Lufthansa fit together nicely.

cheers
daniel



If only pure sweetness was offered, why's this bitter taste left in my mouth.
User currently offlineUnique From Switzerland, joined Mar 2003, 1703 posts, RR: 35
Reply 15, posted (11 years 3 months 3 weeks 1 day 18 hours ago) and read 10696 times:

...but many of the african routes will disappear and merged with LH

Maybe that's exactly what LH wants? Finally get some shares on the african traffic?


User currently offlineDutchjet From Netherlands, joined Oct 2000, 7864 posts, RR: 56
Reply 16, posted (11 years 3 months 3 weeks 1 day 18 hours ago) and read 10654 times:

This deal is likely to happen for many reasons, the most important being that the Swiss will still have an airline and vital air services in and out of Zurich and the financial mess created by SR and LX will be over with, once and for all. And, the airline being owned by Lufthansa almost guarantees that the Swiss airline will survive. Its becoming clear that LX is headed for major trouble, and if this deal can be closed in the near-term future, it will avoid a lot of turmoil. As mentioned above, rationalization is needed in the European airline industry, especially with LCC becoming a larger part of the intra-european landscape, and its no longer possible for each country to sponsor a full service airline serving destinations all over the world.

Three interesting questions remain:

1. The fleet - I guess LH will pick and choose from the existing LX fleet, I wonder which types and aircraft they will take and what will be sold off? What about the A343s that SR has on order? Will LH convert the MD11s to cargo aircraft for LH Cargo? And, what about all of those regional aircraft?

2. Zurich - although the deal calls for Zurich to remain a hub in the combined airline network, will Zurich be a complete hub retaining service to cities all over the world, or will Zurich concentrate on certain regions, say moving passengers from Germany/Western Europe to destinations in Eastern Europe and capital cities in the former USSR republics and maybe Africa? I imagine some interncontinental service will remain: to key destinations such as JFK, BOS, SIN, NRT, but I do not imagine LH will create a network where Munich and Zurich directly compete with eachother.

2. Geneva - the forgetten city: at a certain point, Swissair elected to make Zurich its central hub and dropped almost all long haul service out of Geneva (I believe that only the JFK-GVA flight remained), LX has not focused on GVA, I wonder what LH will have in mind for services in and out of Geneva?



User currently offlineN79969 From , joined Dec 1969, posts, RR:
Reply 17, posted (11 years 3 months 3 weeks 1 day 17 hours ago) and read 10632 times:

I think looking at the TWA/AA merger is useful here. While AA kept STL alive for a while, they are slowly de-hubbing from that airport. I do not believe LH will want to run what would still be a competing intercontinental network with a hub in such close proximity to its own hubs.

I think Zurich will become a very well-served spoke for Lufthansa ultimately. However, I don't think this will completely occur until the EU consolidates power and negotiates an US-EU Open-Skies (with the UK carved out).

Because of Zurich's importance, I think it will be served even without a carrier based at the airport.


User currently offlineRJ100 From Switzerland, joined Nov 2000, 4126 posts, RR: 29
Reply 18, posted (11 years 3 months 3 weeks 1 day 17 hours ago) and read 10605 times:

@N79969: To be honest, I think the Zurich hub will once again be downgraded (LH already mentioned that cost cutting is needed if they take over LX), and LH / LFSB), France">BSL and GVA will not see more than feeder services to German airports and maybe some direct services to the big European centers...

I might be wrong though.

Regards,
RJ100



none
User currently offlineCV990 From , joined Dec 1969, posts, RR:
Reply 19, posted (11 years 3 months 3 weeks 1 day 14 hours ago) and read 10539 times:


Hi!

Until I see some words said in SWISS homepage about a possible merger I'm not going to discuss this matter, this all seems too vague. If SWISS is going to go forward an alliance I see them going to BA than to LH. My personal feeling!
Regards and I'm still waiting for a comment from SWISS!


User currently offlineGoose From Canada, joined Aug 2003, 1840 posts, RR: 15
Reply 20, posted (11 years 3 months 3 weeks 1 day 13 hours ago) and read 10530 times:

A big, really big all-Germanic airline, sort of like SAS, which incorporates Denmark , Sweden and Norway into one ! Any names for an airline like that ?

add:sarcasm

I can see the ads now....

FatherlandAir.

We're German. And so are you.


/sarcasm

As for the promises made to keep Swiss independantly branded, employed and so on.... well, it can be kept on the same pile as the promises to keep Canadian independantly branded, with its own management and employees, as a part of the "Air Canada family of Airlines."

In other words, horse puckeys.



"Talk to me, Goose..."
User currently offlineN79969 From , joined Dec 1969, posts, RR:
Reply 21, posted (11 years 3 months 3 weeks 1 day 13 hours ago) and read 10489 times:

RJ100,

I think we agree. LH will try to assuage fears about the loss of the hometown carrier but will ultimately close the intercontinental hub at ZRH if the merger is completed.

Correction: "Because of Zurich's importance, I think it will be well-served even without a carrier based at the airport."

I would think Zurich will still get many flights from many corners of the world- no question in my mind. However, the Swiss may lose non-stop access to some secondary cities.


User currently offlineCV990 From , joined Dec 1969, posts, RR:
Reply 22, posted (11 years 3 months 3 weeks 1 day 12 hours ago) and read 10456 times:


Hi!

I really don't think swiss citizens will like everytime they need to make an intercontinental flight go from ZRH to FRA or MUC to go abroad. I think swiss people and SWISS Board of Directors that EVENTUALLY deal with that matter must have a little bit of pride NOT to let ZRH close their intercontinental flights! I would much better believe that SOME intercontinental flights would be directed via FRA and MUC but not all of them.
Regards


User currently offlineAndreas From Germany, joined Oct 2001, 6104 posts, RR: 31
Reply 23, posted (11 years 3 months 3 weeks 1 day 9 hours ago) and read 10411 times:

CV990: Afaik, the current board already spoke out loud that they prefer the LH version, I semm to remember an interview with the CEO.

You like Swiss to join Oneworld because you prefer Oneworld to Star? Very well, unfortunately you won't be able to feed the money into Swiss that is needed to keep the company afloat so to speak. Please keep in mind: we are talking survival or not here...and this to decide lies no more in the hands of the swiss management..deservedly so, after two major screw-ups!

As for strategy: I don't see LH closing down ZRH, it's a major financial center, and the government of Switzerland will in any case of takeover make absolutely clear that ZRH will remain that way. And why would LH want to do it? There's business travel, international finance community, people who are prepared to pay well for their tickets, exactly the clientele LH attracts, too. They'll never re-connect via FRA or MUC if it costs them 3 hours more.

But enough speculation, let's wait and see, it won't take long, I presume.

btw: The LH CEO is an Austrian, maybe that helps!



I know it's only VfB but I like it!
User currently offlineFlying-Tiger From Germany, joined Aug 1999, 4166 posts, RR: 36
Reply 24, posted (11 years 3 months 3 weeks 1 day 9 hours ago) and read 10397 times:

Some long-hauls to remain in ZRH to the important STAR hubs and to New York, all other long-hauls to move to MUC and FRA, especially Africa. Swiss Regional probably to become another part of Lufthansa Regional but maybe split up with the ARJs going to EW/CL, the ERJs to leave the fleet in favour of CRJs, the Saabs replaced by Dashs or ATRs by Contact Air or Augsburg Airways. More conections to the existing STAR hubs in Europe, especially to FRA and MUC plus additional in-betweens when interesting.

The A340s to be kept, the MD-11s probably converted or sold-off, depending on GEC´s needs. The A330-200s to be integrated into LH´s fleet. Several A319CJ/BBJ flights to start from ZRH and GVA. Embraer 170/190 order most likely to be cancelled.

That´s what I´ve heard so far.

Regards
Flying-Tiger
http://fly.to/rorders



Flown: A319/320/321,A332/3,A380,AT4,AT7,B732/3/4/5/7/8,B742/4,B762/763,B772,CR2,CR7,ER4,E70,E75,F50/70,M11,L15,S20
25 JGPH1A : If LH takes over the operations of Swiss, as per the article provided, will LX dehost their RES/DCS from Atraxis/EDS and migrate to Lufthansa Systems
26 IwantaBBJ : DutchJet mentioned it once... What about Geneva? And as we go, what about Basel? In GVA's case, I think there are a few routes that have the potential
27 Johnnybgoode : hmm, GVA is probably the tricky part of all this. i presume there are some high-yields out of GVA, but on the other hand, there´s EasyJet and i reall
28 SailorOrion : I can see the following longhaul business, but this is a wild guess: North America: BOS, YUL, MIA goes NYC, IAD, ORD, LAX remain PHL, SFO added YYZ is
29 RJ100 : I think LAX should go. This destination is losing a few 10000 $ per flight. Not sure about BOS. Especially during summer months this is a very busy ro
30 CV990 : Hi! I don't know why you say LAX should go? Have you see the seat occupation lately? Mostly they're full too, so if BOS is full and LAX is also full
31 Post contains images RJ100 : Hi CV990 I am 100% sure that LAX is one of the routes losing a lot of money. There were several discussions here on this forum and somewhere I have re
32 SailorOrion : Let's not forget that LAX is a large UA hub and LX would be a Star member if LH buys them. This should boost both yields and loads. SailorOrion
33 Donder10 : I would suspect MIA will be kept and LAX will be dropt.Most US routes to revert to a Privitair type of service. African routes generally maintain good
34 Dutchjet : As we are all guessing about what LH would do at ZRH as far as long haul, here are my guesses: Zurich to New York (2), Newark, Boston, Chicago, Miami,
35 Leviticus : hmm... if it happens, will swiss automatically be a member of star alliance then ?
36 Johnnybgoode : if this eventually turns out to be a real take-over, then i´d say we can assume LX will become a member of Star. in addition, if LH took over LX, the
37 CV990 : Hi! Just a question, don't you think that if LAX was that bad SWISS wouldn't have dropped that already? Unless SWISS likes to suffer and everyone the
38 Johnnybgoode : there may be a difference in what LX considers routes that are unprofitable but are kept alive so as not to lose more prestige or routes that are unpr
39 RayPettit : I think the Swiss Government will try their hardest to demand a 'golden share' that ensures that swiss has its own brand (like now) for many years to
40 Post contains images Standby87 : JGPH1A - will LX de-host from Atraxis/EDS if Lufty move in? No chance mate, Lufty will migrate their Res and DCS to Zürich, after all isn't TPF faste
41 Post contains images Thomas_Jaeger : From personal point of view, it would be extremely stupid to migrate to LH Sys and 1A because I have always had nothing but problems when dealing with
42 ZRH : I don't hope that this will happen. If yes, I think many people here will not fly this airline anymore and will chance to BA, AF and others because we
43 Stefandotde : Lol@ZRH. You're funny. SWISSAIR bankrupt, SWISS almost bankrupt. I also hope Lufthansa won't buy SWISS. Don't spend money for shit. ZRH you don't like
44 Unique : Stefandotde, don't compare apples and oranges! Just being realistic, but it's exactly your attitude why a lot of Swiss citizens don't like the Germans
45 Go Canada! : We are all clearly aware of swissairs problems. In a bar in geneva onnthe wednesday before easter sunday this yea i overhead a exc from swiss chatting
46 Stefandotde : Apples and oranges? SR got bankrupt, LX is going to be bankrupt. Lots of companies get bankrupt cause of bad SR and LX-management. And ZRH says that t
47 Unique : Lufthansa is in a good economic situation, I hope they don't buy LX. Thanks, that's what I wanted to hear...
48 Stefandotde : Hehe, unique, i am not in the situation to decide what LH and LX are doing. But I think it's arrogant from a person who says: we don't want lufthansa
49 Unique : I hope everybody learnt from this, which ever way the whole story might go!
50 RJ100 : I don't think the Swiss people have problems with Germany or Germans. I live close to Germany and I think we have a good neighborship with our German
51 CV990 : Hi! I understand the situation, I'm portuguese and for nothing in this world I would like to see TAP ( if they were in trouble, of course... ) beeing
52 Post contains images JGPH1A : Standby87 Re: No chance mate, Lufty will migrate their Res and DCS to Zürich, after all isn't TPF faster than Unisys And there's always SAA, SNBA and
53 UA 777 : The germans don't even like to listen the swiss-german language!!!! I am a German living in Germany and I don't know anyone here who doesn't like the
54 Stefandotde : "The germans don't even like to listen the swiss-german language!!!!" Sorry, that's nonsense. Something is very difficult to understand for us cause o
55 Standby87 : JGPH1A - Yes, yes and yes, couldn't agree more. I do know you and you know me as well, the world is very small. Can't talk more, got to get packing! E
56 JGPH1A : Standby87 Drop me a quiet word when you get a chance. Re the advisability of LH buying LX, that is another story entirely. Sadly LX is more or less a
57 CV990 : Hi! Oh yeah! That's the type of thing I'm noting, yes the germans like the swiss, but now you ask the swiss if they preffer to have a german airline
58 UA 777 : CV990 I think that you are not completely wrong by saying that a lot of people in Switzerland wouldn't like to see LX being taken over by LH. But when
59 Post contains images Andreas : Good Lord, what a moronous discussion this thread has become: Yes all Swiss hate all Germans, being bought by a foreign company is like being invaded,
60 Post contains images NoUFO : 1. LH would take over Swiss Airlines, NOT Switzerland! They won't? Now that's disappointing.
61 Post contains images Unique : NoUFO, many have tried earlier but nobody achieved it! Now tell me one thing, how about LH being taken by BA or AF... No worries, AF is talking to KL
62 Post contains images DoorsToManual : globalisation is on its way, go with it or get overrun by it Please let the French government know, it will certainly be news to them.
63 Cfalk : Speaking as a Swiss, I frankly hope that Swiss does in fact go belly-up. Before others (especially my fellow Swiss) jump on my case, Let me explain. 2
64 CV990 : Hi! Andreas have you seen Anger Management? No? You should!!!! You're getting angry, and that's not the case. You seem to really fight for your flag (
65 Post contains images StarFlyer : Who's getting angry here, CV990? And how do YOU know what Swiss people want? As this thread shows, there is Swiss people that oppose a bid and others
66 Gigneil : I know right? SWISS is too good to be putted on SALE, SWISS is NOT ON SALE! This is nothing more than an impassioned plea. Swiss IS in fact for sale,
67 CV990 : Hi! StarFlyer, please! I was talking to your fellow german Andreas, I understand your sense of solidarity but I was not sending words to you ok? Pleas
68 StarFlyer : There is no solidarity because I happen to be German too. But if you going to be posting on a forum be prepared that everyone on the forum will reply.
69 CV990 : Hi Starflyer! Solidarity is one thing, another thing is the way a conversation goes! If you look closely I directed my message to an actual person, s
70 Post contains links UA 777 : German financial newspaper Handelsblatt reports today that LH is not going to take over LX. A "reliable source" told them that LH's supervisory board
71 Post contains images Andreas : This is hilarious..it's getting crazier every time CV990 tries to clarify a few things. Reading your posts and the subliminally very aggressive tone y
72 Jamesvf84 : Regarding the facts about LH taking over Swiss, I can only speculate that until I see some news report on TV of the CEOs of both compagnies signing th
73 Post contains images Andreas : James, of course we all know that aviation is a matter of national identity, and not only in Switzerland. And I fully agree that former Swissair was o
74 Post contains images Jamesvf84 : Andreas, point taken and to be honest you paint a pretty clear picture. I believe the trouble started when Crossair and ex-Swissair merged or should I
75 Unique : Maybe if they tried to get Juergen Weber out of the LH supervisory board and tell him to do the LH turnaround again. Andreas, you probably mean "to do
76 Post contains images Andreas : Unique: No I meant "to do the LH turnaround again", meaning that Weber was the guy who made LH the way it is now from a pile of of junk, only this tim
77 Standby87 : This week it's BA who are in bed with LX. See other threads.
78 QANTASBOY : Lufthansa can afford LX and will succeed with them, but With LX looking at Joining OneWorld, LH is a foundation Member of Star Alliance so dillema, wh
79 Stefandotde : Mmmmmh, would be phantastic if QF would join StarAlliance. But unfortunately no chance for Star.
80 JGPH1A : QANTASBOY You would seem to be pretty involved with QF, but are you serious when you say that QF would love to join Star ? With SQ as their biggest ri
81 Standby87 : JGPH1A - plse drop me a note, I can't e-mail you "withheld" in your profile Cheers
82 JGPH1A : Standby87 - done. . . . .
83 Swissgabe : Looks like the Lufthansa deal doesn't take place ...
84 Stefandotde : 50 mil CHF for LX - means: 30 more days for LX (LX looses 1 mil dollars a day). So what's 50 mil CHF then or 300 mil USD (LH)?
85 Swissgabe : Stefandotde I don't know if you are aware that Swiss cut a lot of costs and reduced some flights out of it's network to save money. It might be a wise
86 Johnnybgoode : i really hope BA and oneworld can provide financial stability to the airline. i hope that LX will survive but for time being, this BA deal seems to in
87 Stefandotde : Swiss cut a lot of costs, Swissgabe. Who didn't (and doesn't)? If they can change 1 mil deficit into 0,8 mil deficit ... SR was an airline with big ne
88 Swissgabe : Stefandotde Reducing a loss from 1 mil to 0.8 million would already be a success and you and I, we both don't know if Swiss will be able to reduce cos
89 Ivo : This morning on Belgian Radio: "Swiss is to join One World Alliance. A takeover by Lufthansa would result in the loss of identity of Swiss" Ivo
90 Andreas : Quote: Beside all economical thinking I also would say, that Swiss fits much better into One World than together with LH (or into Star). Could you ple
91 Stefandotde : @ Ivo : So it's just a desission out of stomache not out of brain then. But with desission out of stomache and not using brain an airline cant survive
92 Johnnybgoode : i believe that employees at Austrian Airlines are quite relieved. i can imagine they might have felt they´re next in line if this deal with LH went t
93 Unique : Didn't 4U decide to have STR as its 2nd base rather than ZRH? Why should they loose face and withdraw their statements?
94 Post contains links and images Sabena332 : I think it is time that some moderator lock this topic since LH lost the battle : Swiss Joins ONE World Not LH Patrick
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