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: 24
Reply 2, posted (5 years 11 months 2 weeks 5 days 12 hours ago) and read 3237 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, 1411 posts, RR: 0
Reply 4, posted (5 years 11 months 2 weeks 4 days 23 hours ago) and read 2844 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.