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Government Approves Lufthansa-Swiss Deal  
User currently offlineYUL332LX From Canada, joined Feb 2004, 820 posts, RR: 1
Posted (9 years 9 months 1 week 2 hours ago) and read 2847 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.''


http://news.airwise.com/story/view/1111488926.html


E volavo, volavo felice più in alto del sole, e ancora più su mentre il mondo pian piano spariva lontano laggiù ...
31 replies: All unread, showing first 25:
 
User currently offlineN79969 From , joined Dec 1969, posts, RR:
Reply 1, posted (9 years 9 months 1 week 2 hours ago) and read 2830 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.

User currently offlineZRH From Switzerland, joined Nov 1999, 5569 posts, RR: 36
Reply 2, posted (9 years 9 months 1 week ago) and read 2699 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.

User currently offlineSpike From United Kingdom, joined Feb 2004, 1170 posts, RR: 5
Reply 3, posted (9 years 9 months 6 days 23 hours ago) and read 2684 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.

User currently offlineZRH From Switzerland, joined Nov 1999, 5569 posts, RR: 36
Reply 4, posted (9 years 9 months 6 days 23 hours ago) and read 2664 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.


User currently offlineOrion737 From , joined Dec 1969, posts, RR:
Reply 5, posted (9 years 9 months 6 days 23 hours ago) and read 2652 times:

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?

I think its time a new airline, perhaps, called L'air Suisse took to the sky


User currently offlineYUL332LX From Canada, joined Feb 2004, 820 posts, RR: 1
Reply 6, posted (9 years 9 months 6 days 23 hours ago) and read 2629 times:

Quoting Orion737 (Reply 5):
L'air Suisse

Bienvenue à bord de ''L'air Suisse'' bigthumbsup 



E volavo, volavo felice più in alto del sole, e ancora più su mentre il mondo pian piano spariva lontano laggiù ...
User currently offlineZRH From Switzerland, joined Nov 1999, 5569 posts, RR: 36
Reply 7, posted (9 years 9 months 6 days 23 hours ago) and read 2606 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).


User currently offlineCopenhagenboy From Denmark, joined Sep 2001, 599 posts, RR: 1
Reply 8, posted (9 years 9 months 6 days 23 hours ago) and read 2564 times:

Something interesting, today I read some place on the internet that Lufthansa will deliver 2 A340 to LX? But maybe to many rumors

User currently offlineZRH From Switzerland, joined Nov 1999, 5569 posts, RR: 36
Reply 9, posted (9 years 9 months 6 days 23 hours ago) and read 2548 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

This is already widely discussed in this thread:
Two more A 340 for Swiss


User currently offlineCopenhagenboy From Denmark, joined Sep 2001, 599 posts, RR: 1
Reply 10, posted (9 years 9 months 6 days 22 hours ago) and read 2506 times:

ZHR, thank you
Copenhagenboy


User currently offlineZRH From Switzerland, joined Nov 1999, 5569 posts, RR: 36
Reply 11, posted (9 years 9 months 6 days 22 hours ago) and read 2500 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.


User currently offlineCkfred From United States of America, joined Apr 2001, 5310 posts, RR: 1
Reply 12, posted (9 years 9 months 6 days 22 hours ago) and read 2440 times:

This does raise an interesting question. In all likelihood, LX will drop its codeshare with AA and other Oneworld carriers and join Star.

How many European carriers can Star have before one or more of them feel that it has become too crowded?

If I remember, there are LH, OS, TAP, BMI, Spanair, LOT, and SAS. With LX, that is 8 carriers.


User currently offlineFraT From Germany, joined Sep 2003, 1107 posts, RR: 1
Reply 13, posted (9 years 9 months 6 days 22 hours ago) and read 2426 times:

Don't forget Air Croatia, Adria Airways and Blue 1 from Finnland.

User currently offlineZRH From Switzerland, joined Nov 1999, 5569 posts, RR: 36
Reply 14, posted (9 years 9 months 6 days 21 hours ago) and read 2405 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

[Edited 2005-03-22 19:53:43]

[Edited 2005-03-22 19:55:07]

User currently offlineOrion737 From , joined Dec 1969, posts, RR:
Reply 15, posted (9 years 9 months 6 days 21 hours ago) and read 2385 times:

Any chance of Lufthansa dropping the charges for drinks/snacks/meals on European flight on Swiss?

User currently offlineBeaucaire From Syria, joined Sep 2003, 5252 posts, RR: 25
Reply 16, posted (9 years 9 months 6 days 21 hours ago) and read 2376 times:

The biggest Star-hole in Europe remains France....
No partner-airline ,no strategic interest- afraid to face AF monopoly !



Please respect animals - don't eat them...
User currently offlineZRH From Switzerland, joined Nov 1999, 5569 posts, RR: 36
Reply 17, posted (9 years 9 months 6 days 21 hours ago) and read 2370 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.


User currently offlineYUL332LX From Canada, joined Feb 2004, 820 posts, RR: 1
Reply 18, posted (9 years 9 months 6 days 21 hours ago) and read 2361 times:

Airline Swiss flies under wing of Germany's Lufthansa

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).

...

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 ...
User currently offlineRegis From , joined Dec 1969, posts, RR:
Reply 19, posted (9 years 9 months 6 days 21 hours ago) and read 2338 times:

Does anybody know if Swiss Travel Club will remain unchanged or will be absorbed into Lufthansa's FF programme?

User currently offlineAfay1 From United States of America, joined Oct 2001, 1293 posts, RR: 2
Reply 20, posted (9 years 9 months 6 days 21 hours ago) and read 2327 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.

User currently offlineYUL332LX From Canada, joined Feb 2004, 820 posts, RR: 1
Reply 21, posted (9 years 9 months 6 days 21 hours ago) and read 2315 times:

Quoting Regis (Reply 19):
Does anybody know if Swiss Travel Club will remain unchanged or will be absorbed into Lufthansa's FF programme?

I can't see why it wouldn't be absorbed by LH's FF program in due time.



E volavo, volavo felice più in alto del sole, e ancora più su mentre il mondo pian piano spariva lontano laggiù ...
User currently offlineZRH From Switzerland, joined Nov 1999, 5569 posts, RR: 36
Reply 22, posted (9 years 9 months 6 days 20 hours ago) and read 2275 times:

The Swiss frequent flyer program will for sure disappear and will be integrated into LH because Swiss will be a 100% company of LH.

User currently offlineN5176Y From , joined Dec 1969, posts, RR:
Reply 23, posted (9 years 9 months 6 days 20 hours ago) and read 2250 times:

Quoting Spike (Reply 3):
IBM by the Chinese

IBM is NOT owned by the Chinese. IBM personal computers and laptops are owned and produced by Lenovo but that was a very SMALL part of IBM.


User currently offlineRegis From , joined Dec 1969, posts, RR:
Reply 24, posted (9 years 9 months 6 days 20 hours ago) and read 2232 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
28 Post contains images Backfire : Welcome on board...Swiss Herr
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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