bmibaby737 From United Kingdom, joined Jun 2005, 1636 posts, RR: 10 Posted (2 years 8 months 1 day 5 hours ago) and read 8084 times:
Flybe Pursuing Purchases for next phase of growth
Well it sounds like Flybe is heading into yet another exciting chapter as the UK’s biggest domestic carrier said it’s in talks over two more purchases.
The successful airline took over BA Connect from British Airways PLC in 2007, which helped it double its passenger totals and add 50 routes to its network. According to the airline, these latest acquisitions being considered are “digestible” rather than “transformational”.
“We’ve got two projects running with regard to acquisitions,” Jim French said, without disclosing a likely value for the transactions. “We’re looking for regional purchases. I’d describe them as bridgeheads into Europe. We see the next phase of development for Flybe very much to be in continental Europe.”
While purchasing BA Connect made Flybe Europe’s largest regional carrier by passenger numbers, all of the airlines routes currently are to or from the UK, or entirely domestic. The next phase of its expansion will see the airline establishing bases overseas, at which it shall build networks.
So with Flybe’s recent Air France codesharing agreements and its success and recent focus on France, could Airlinair be a target for the Exeter based airline? Rumours are circulating of a Cityjet takeover, but with the VLM integration having only just taken place, and its own large focus on the UK could it be that much of a gain, particularly with its strong foothold at London City Airport?
Further regional airlines of Europe include Air Nostrum, Brit Air, Finncomm Airlines, Portugalia and FlyBaboo all of which could help the airline put its foot further into the respective countries.
Icarus75 From France, joined Oct 2003, 768 posts, RR: 0 Reply 2, posted (2 years 8 months 1 day 4 hours ago) and read 7933 times:
Quoting bmibaby737 (Thread starter): Further regional airlines of Europe include Air Nostrum, Brit Air, Finncomm Airlines, Portugalia and FlyBaboo all of which could help the airline put its foot further into the respective countries.
As Brit Air is doing a lot of flighs on behalf of AF, I doubt that it can be bought by FlyBe.
planesailing From United Kingdom, joined Jul 2005, 802 posts, RR: 0 Reply 3, posted (2 years 8 months 1 day 4 hours ago) and read 7890 times:
Quoting bmibaby737 (Thread starter): Rumours are circulating of a Cityjet takeover, but with the VLM integration having only just taken place, and its own large focus on the UK could it be that much of a gain, particularly with its strong foothold at London City Airport?
Timboflier215 From United Kingdom, joined exactly 8 years ago today! , 1238 posts, RR: 1 Reply 9, posted (2 years 8 months 1 day ago) and read 7249 times:
I always thought BE would buy bmi regional and/or bmi baby, but nothing ever came of that. Will be interesting to see how their European expansion goes, I guess they have to find somewhere to put all those E-Jets....
Pe@rson From United Kingdom, joined Jan 2001, 18830 posts, RR: 54 Reply 12, posted (2 years 8 months 12 hours ago) and read 5703 times:
Quoting bmibaby737 (Thread starter): “We’re looking for regional purchases. I’d describe them as bridgeheads into Europe. We see the next phase of development for Flybe very much to be in continental Europe.” I added the emphasis.
PlymSpotter From Spain, joined Jun 2004, 11122 posts, RR: 63 Reply 14, posted (2 years 8 months 12 hours ago) and read 5519 times:
Well Finncomm has essentially just been bought by Finnair, BritAir is owned by Air France, Air Nostrum is privately owned but well outside of BE's league for anything other than a merger and Portugalia is owned by TAP which potentially just leaves Baboo.
I think they had better be careful with European expansion. Too much room to get it all wrong, because whilst in the UK there is comparatively little alternate competition on domestic routes, in Europe you have multiple HSR networks to contend with. On intra EU flights expansion may find them coming up against EasyJet and Ryanair etc... which is a battle they are unlikely to win.
PlymSpotter From Spain, joined Jun 2004, 11122 posts, RR: 63 Reply 16, posted (2 years 8 months 11 hours ago) and read 5472 times:
Quoting sam1987 (Reply 15): Flybe have a history of resurrecting former easyJet and Ryanair routes where the A319 or 737 turns out to be too large for the market. There's no reason why they couldn't do this in Europe.
I wasn't aware of there being that many, a couple perhaps, but certainly not a history? I know recently they have launched a fanfair of replacement flights as FR pulls out of BHD, but I don't honestly see that working. Most people only used FR because they were the cheapest and happened to fly into City, now they will move to the next cheapest and I have my doubts that this will be BE.
Flybe used to be called British European.. so basically FlyBritishEuropean is shorted to FlyBE.
BMI Baby was an ofshoot of BMI, I guess they wanted to to keep the familiar branding but differentiate the product. Baby is supposed to hint at cheap fares, or the airline with 'Tiny Fares' as they like to say.
AirGabon From Switzerland, joined Dec 2003, 852 posts, RR: 3 Reply 20, posted (2 years 8 months 10 hours ago) and read 5041 times:
Quoting airbuseric (Reply 6): On my recent FlyBaboo flight, the crew was worried about their future since there were rumours that Cityjet/AF will takeover FlyBaboo. No talks about FlyBE.
FlyBaboo is in very bad financial situation (30 mln loss) and will ground 2 aircraft next winter. As far as I understand, as they have strong links with AF, they are part of FlyingBlue and code-share with AF, AZ, RO... a takeover by Cityjet/AF would be a serious possibility. Also heard about FlyBe
vv701 From United Kingdom, joined Aug 2005, 6621 posts, RR: 17 Reply 21, posted (2 years 8 months 7 hours ago) and read 4494 times:
Quoting SR4ever (Reply 18): Well, if AF-KLM brings enough cash on the table, I am pretty sure an agreement can be made.
This would depend on the wording of the agreement when BA made their investment in BE. There may be no restriction on Walker Group selling out their shares or to whom they sell them. But there is more likely to be some restriction in the agreement. It may give BA a first option on the purchase of the Walker Group's interest. Or there may be a time restriction or even a total restriction on a sale to another airline. It is even possible although less likely that BA has a veto on such a sale.
Quoting SR4ever (Reply 18): From a Competition Law point of view, BE going for AF-KLM and Skyteam would raise fewer issues than if it was acquired by BA and joined OW, in my view.
I am only aware of one route operated by both IAG (BA/IB) and BE. It is LGW-JER. So I do not see competition law being relevant to such a takeover. There is, of course, much greater route duplication between AF/KL and BE. As an example both operate services between CDG and BHX, EDI, MAN and SOU. And there are other routes like AMS-SOU that both operate. So the competition issues would be much greater if AF/KL tried to buy BE. However I would have doubted that they would be a show stopper.
joost From Netherlands, joined Apr 2005, 3128 posts, RR: 4 Reply 22, posted (2 years 8 months 7 hours ago) and read 4445 times:
What about Augsburg Airways: fully owned by a private capital company (Aton GmbH). Flying Q400s and E195s for LH regional, so it would be a nice fleet match as a bonus. More so, as it is owned by a private capital fund, which might be willing to sell it for the right price (they also sold Cirrus last year, and they once owned 25% of dba which they sold to AB), and it's not too big.
Humberside From United Kingdom, joined Dec 2005, 4901 posts, RR: 5 Reply 23, posted (2 years 8 months 5 hours ago) and read 4098 times:
Quoting IBA346 (Reply 10): EZ closed some routes recently (Paris, Gdansk) so they may be in need of help.
They've also started Billind-BMA and BMA-HEL
They would probably be a very bad fit for Flybe since they currently fly Dornier 328's. Big capacity jump to a Dash 8 Q400
Quoting vv701 (Reply 21): As an example both operate services between CDG and BHX, EDI, MAN and SOU.
BE ditched EDI-CDG not long after they took over BA Connect. AF are giving up SOU-ORY with the start of the BE codeshare (AF moved SOU service from CDG a while ago, and BE are moving their SOU-Paris service from CDG to ORY with the start of the codeshare, leaving CDG-SOU unserved)