YUL332LX From Canada, joined Feb 2004, 820 posts, RR: 1 Posted (8 years 2 months 3 days 6 hours ago) and read 2061 times:
''The Swiss cabinet has given the green light to a planned takeover of Swiss International Air Lines by Germany's Lufthansa, clearing the way for their boards to ratify the deal, sources close to the talks said on Tuesday.''
...
''Pending negotiations over landing rights, Lufthansa aims to take control of the remaining 51 percent within 12 to 18 months.''
N79969 From , joined Dec 1969, posts, RR: Reply 1, posted (8 years 2 months 3 days 6 hours ago) and read 2044 times:
Basically inevitable. I think the Swiss will lose some of the longer direct flights out of Zurich and Geneva in the long run. But this way, the company employees have a more secure future.
ZRH From Switzerland, joined Nov 1999, 5540 posts, RR: 40 Reply 2, posted (8 years 2 months 3 days 3 hours ago) and read 1913 times:
Actually it must be true but not yet official. The government only informed the two airlines and will come to the press after the airlines have done it.
Spike From United Kingdom, joined Feb 2004, 1170 posts, RR: 6 Reply 3, posted (8 years 2 months 3 days 3 hours ago) and read 1898 times:
Nobody remembers that Chelsea are owned by a Russian, IBM by the Chinese or Swiss by Germans. Its just money, not identity. This is more of a cargo deal anyway.
ZRH From Switzerland, joined Nov 1999, 5540 posts, RR: 40 Reply 4, posted (8 years 2 months 3 days 3 hours ago) and read 1878 times:
Quoting Spike (Reply 3): Nobody remembers that Chelsea are owned by a Russian, IBM by the Chinese or Swiss by Germans. Its just money, not identity. This is more of a cargo deal anyway
You are quite right. For me it is only important that we can keep long-haul flights to major cities in the world. BTW latest news: the contracts already will be signed tonight.
ZRH From Switzerland, joined Nov 1999, 5540 posts, RR: 40 Reply 7, posted (8 years 2 months 3 days 3 hours ago) and read 1820 times:
Quoting Orion737 (Reply 5): This isnt going to result in more services from French speaking Switzerland is it? Will we see yet more routes dropped from GVA in favour of Zurich?
It depends what kind of routes you mean. LH is perhaps interested in more feeder flights to their hubs out of GVA. But regarding long-haul flights you simply have to be realistic. It seems that even ZHR could probably lose flights in favor of MUC and FRA. Switzerland is a too small country to have two airports with many long-distance flights. Even the much bigger Germany has only two airports of this kind (FRA and MUC).
ZRH From Switzerland, joined Nov 1999, 5540 posts, RR: 40 Reply 9, posted (8 years 2 months 3 days 2 hours ago) and read 1762 times:
Quoting Copenhagenboy (Reply 8): Something interesting, today I read some place on the internet that Lufthansa will deliver 2 A340 to LX? But maybe to many rumors
ZRH From Switzerland, joined Nov 1999, 5540 posts, RR: 40 Reply 11, posted (8 years 2 months 3 days 2 hours ago) and read 1714 times:
Quoting Orion737 (Reply 5): This isnt going to result in more services from French speaking Switzerland is it? Will we see yet more routes dropped from GVA in favour of Zurich?
In the press conference of the Swiss government the minister of transport Bundesrat Leuenberger told, that he was informed by LH that they also are interested to restore more flights in GVA and BSL.
ZRH From Switzerland, joined Nov 1999, 5540 posts, RR: 40 Reply 14, posted (8 years 2 months 3 days 1 hour ago) and read 1619 times:
The deal consists mainly:
-LH will takeover Swiss 100%
-Swiss stays a company with it's own brand within the LH group
-Swiss will become Star Alliance member
-the long-haul fleet of Swiss will be enlarged by two airframes (probably A 340)
-Zurich Airport will stay a long-haul hub besides FRA and MUC
-no other guarantees
-the contract will be signed tonight at about 2000h
ZRH From Switzerland, joined Nov 1999, 5540 posts, RR: 40 Reply 17, posted (8 years 2 months 3 days 1 hour ago) and read 1584 times:
Quoting Orion737 (Reply 15): Any chance of Lufthansa dropping the charges for drinks/snacks/meals on European flight on Swiss?
Ask LH. BTW I don't understand people whining about meals on flights lasting less than three hours. I don't need one. When I don't fly I also don't eat every two or three hours. On such a flight I only need water.
ZURICH (AFP) - The German airline Lufthansa took over ailing Swiss International Air Lines after major shareholders in the Swiss carrier approved a deal worth up to 310 million euros (409 million dollars).
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Lufthansa said it expected to pay between 45 million and about 300 million euros for Swiss as the deal -- the full cost of which will depend on the German airline's share performance -- is gradually rolled out until 2008.
Switzerland's government said it had accepted Lufthansa's offer, even though it represented only a fraction of its investment, because other strategies would have put jobs at risk.
E volavo, volavo felice più in alto del sole, e ancora più su mentre il mondo pian piano spariva lontano laggiù ...
Afay1 From United States of America, joined Oct 2001, 1293 posts, RR: 3 Reply 20, posted (8 years 2 months 3 days 1 hour ago) and read 1541 times:
As an aside, IBM's Thinkpad brand was sold to the Chinese, not the company itself. Anyway, it is sad that Swiss couldn't make it on its own, it is such a lovely airline. Sounds like it was inevitable though.
Regis From , joined Dec 1969, posts, RR: Reply 24, posted (8 years 2 months 3 days ago) and read 1446 times:
Quoting YUL332LX (Reply 21): I can't see why it wouldn't be absorbed by LH's FF program in due time
Quoting ZRH (Reply 22): The Swiss frequent flyer program will for sure disappear and will be integrated into LH because Swiss will be a 100% company of LH.
YUL332LX, ZHR:
How do you expect that to take place? Will LH offer one M&M point for each of my STC miles or will they just set a deadline for me to use my STC miles and then delete my STC account?
25 ODwyerPW: What does that mean for the Embraer 195's on order?
26 YUL332LX: Most likely, yes. LH has zero incentive to dilute miles. As you said, they are on order. So, If LH wants to cancel the order (which I don't think is
27 ZRH: The fact is that Swiss has to replace its regional fleet or give it up (that was one problem, lack of money). I could imagine that LH stays with the
29 ZRH: Don't understand. What do want to say with that??
30 TUNisia: The article on SWISS.com has a timetable with a "Complete takeover of SWISS after securing traffic rights" scheduled for 2006/2007. What does this mea
31 ZRH: LX stays a separate brand. But this is international politics. Switzerland (other countries too) has a lot of landing agreements with many other coun
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