Godbless From Sweden, joined Apr 2000, 2752 posts, RR: 16
Reply 2, posted (10 years 9 months 3 weeks 5 days 14 hours ago) and read 3942 times:
Niki really loves airlines... But doen't he as part of the deal with AUA have to stay away from this business until 2004? Ok, it's just 2 months away but with a bankrupt airline much can happen in that period...
If he does turn Aero Lloyd Austria (never knew that there was such a division...) into a LCC I do hope that he can give that "new" airline a spirit such as he gave to Lauda. Making it something special to fly.
How does he, btw, keep up with his hours on flying the 777 to keep his rating?
CPH-R From Denmark, joined May 2001, 5986 posts, RR: 3
Reply 3, posted (10 years 9 months 3 weeks 1 day 22 hours ago) and read 3812 times:
He's just purchased the 51 percent of Aero Lloyd Austria's shares. According to the paper I read the story in, it's going to cost 3-4 million £ to make them fly again, but according to Lauda, that won't be a problem.
His plans are to start in the coming summer, with 2 planes based in Vienna and hopefully adding another 2 later on.
TriStar500 From Germany, joined Nov 1999, 4693 posts, RR: 42
Reply 5, posted (10 years 9 months 3 weeks 1 day 21 hours ago) and read 3749 times:
I have to commend him for this brave business decision, but IMO he could have just as well burned the money.
Starting another LCC in a market which is starting to become overcrowded with
- huge competitors (FR, U2) expanding their fleets with 100s of aircraft during the next few years,
- against other airlines with financial powerful backing (4U, X3) ,
- or an already large presence in VIE (e.g. AB)?
Doesn't sound all too smart for me.
Anyway, don't get me wrong, I wish him the best luck. Another airline in the sky means more jobs and more variety for customers and spotters alike. I am just very skeptical of the long term success of this project.
Homer: Facts are meaningless. You could use facts to prove anything that's even remotely true!