If LH want those 20% SK hold in BD, then they will also get it, no doubt. But some people here say that LH are not too happy anymore about their 80% in BD. I think a lot will happen regarding this merger and VS and SQ and all.
Beaucaire From Syria, joined Sep 2003, 5252 posts, RR: 25
Reply 2, posted (5 years 6 months 1 week 5 days 10 hours ago) and read 3053 times:
LH should sell their stake in BD to Virgin ,cash in and invest that money into TK - much more interesting ..They have already a joint venture with TK in Sunexpress,which is very profitable and well managed.
LHR is not that attractive any longer for LH .
9252fly From Canada, joined Sep 2005, 1391 posts, RR: 0
Reply 4, posted (5 years 6 months 1 week 4 days 21 hours ago) and read 2660 times:
My idea of an ideal solution would for for LH to hand control of BD to VS in return for an equity stake in the new merged entity. SQ would no doubt be willing unload it's stake in VS to LH at a reasonable price thereby making LH the controlling shareholder. The combinded VS/BD could then be invited into Star Alliance. SRB could continue to be the front-man/media whore for the new VS.