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IAG Tables Offer For BMI!  
User currently offlineblueshamu330s From UK - England, joined Sep 2001, 2852 posts, RR: 25
Posted (2 years 9 months 1 week 5 days 20 hours ago) and read 23716 times:

"The parent company of British Airways (BA) has tabled a proposal to buy BMI, its struggling rival, from the German aviation group Lufthansa..."

IAG tables offer for BMI

Rgds


So I drive a 4x4. So what?! Tax the a$$ off me for it...oh, you already have... :-(
187 replies: All unread, showing first 25:
 
User currently offlineeaa3 From United States of America, joined Sep 2007, 1000 posts, RR: 0
Reply 1, posted (2 years 9 months 1 week 5 days 20 hours ago) and read 23739 times:

The regulators will certainly have something to say about this.

User currently offlinedanfearn77 From United Kingdom, joined Jul 2008, 1810 posts, RR: 9
Reply 2, posted (2 years 9 months 1 week 5 days 20 hours ago) and read 23705 times:

Let's see what VS are made of now! 
Quoting eaa3 (Reply 1):

Completely agree, they won't remain quiet I would have thought.



Eagles may soar high, but weasels dont get sucked into jet engines!
User currently offlineLHRFlyer From United Kingdom, joined Apr 2010, 811 posts, RR: 1
Reply 3, posted (2 years 9 months 1 week 5 days 20 hours ago) and read 23532 times:

Quoting eaa3 (Reply 1):
The regulators will certainly have something to say about this.

But what's the alternative?


User currently offlinedeltamartin From Sweden, joined Dec 2010, 1061 posts, RR: 7
Reply 4, posted (2 years 9 months 1 week 5 days 20 hours ago) and read 23498 times:

Oh. Interesting.

Quoting eaa3 (Reply 1):
The regulators will certainly have something to say about this.

My first thought too.


User currently offlineblueshamu330s From UK - England, joined Sep 2001, 2852 posts, RR: 25
Reply 5, posted (2 years 9 months 1 week 5 days 20 hours ago) and read 23468 times:

Quoting eaa3 (Reply 1):
The regulators will certainly have something to say about this

I suspect the regulators will want to appear to do due dilligence, but in this case there appears to be no better option than IAG.

Rgds



So I drive a 4x4. So what?! Tax the a$$ off me for it...oh, you already have... :-(
User currently offlinefcogafa From United Kingdom, joined May 2008, 765 posts, RR: 0
Reply 6, posted (2 years 9 months 1 week 5 days 19 hours ago) and read 23444 times:

I like the comment that VIR are 'desperate' to buy BMI...

Well it looks like IAG have called their bluff on it. Time for VIR to put up or shut up I think.


User currently offlinewilco737 From Greenland, joined Jun 2004, 8967 posts, RR: 76
Reply 7, posted (2 years 9 months 1 week 5 days 19 hours ago) and read 23417 times:
AIRLINERS.NET CREW
HEAD MODERATOR

Quoting fcogafa (Reply 6):
Time for VIR to put up or shut up I think.

I think they will make an offer as well soon. They have to look for some partner to stay strong. Maybe even join the star Alliance then.

wilco737
  



It it's not Boeing, I am not going.
User currently offline777way From Pakistan, joined Dec 2005, 5716 posts, RR: 4
Reply 8, posted (2 years 9 months 1 week 5 days 19 hours ago) and read 23367 times:

Hope Virgin gets them, I want to see VS expand.

User currently offlinerichardw From United Kingdom, joined May 2001, 3745 posts, RR: 0
Reply 9, posted (2 years 9 months 1 week 5 days 19 hours ago) and read 23342 times:

Could a 'regulator' say that if the deal went through, a condition might be some former BMI Uk domestic flights must retain star alliance codes or interlining at LHR?

User currently offlineblueshamu330s From UK - England, joined Sep 2001, 2852 posts, RR: 25
Reply 10, posted (2 years 9 months 1 week 5 days 19 hours ago) and read 23312 times:

More from Sky:

http://news.sky.com/home/business/article/16089102



So I drive a 4x4. So what?! Tax the a$$ off me for it...oh, you already have... :-(
User currently offlinefcogafa From United Kingdom, joined May 2008, 765 posts, RR: 0
Reply 11, posted (2 years 9 months 1 week 5 days 19 hours ago) and read 23294 times:

It will probably end up with IAG buying BMI but having to surrender some of the slots to its competitors, as usual.

That will give VIR a chance to show if it really wants to expand, although as stated in a recent thread, their slot use at LHR has actually declined over the last few years.


User currently offlinelhr380 From , joined Dec 1969, posts, RR:
Reply 12, posted (2 years 9 months 1 week 5 days 19 hours ago) and read 23294 times:

Quoting richardw (Reply 9):
Could a 'regulator' say that if the deal went through, a condition might be some former BMI Uk domestic flights must retain star alliance codes or interlining at LHR?

BA and IB already interline with most airlines at LHR, including BD VS CO/UA and LH so interlining with a star airline is no problems at all.

Good on IAG, BD need to be sorted out by someone that will actually make a difference. LH dont seem to have done that.


User currently offlinemogandoCI From , joined Dec 1969, posts, RR:
Reply 13, posted (2 years 9 months 1 week 5 days 19 hours ago) and read 23231 times:

wouldn't LH have enough shares in BMI to have a meaningful say in it ?

User currently offlineheebeegb From Finland, joined Sep 2007, 424 posts, RR: 0
Reply 14, posted (2 years 9 months 1 week 5 days 19 hours ago) and read 23193 times:

what % of slots do KLM have at AMS, AF at CDG and LH at FRA out of interest?

User currently offlinefcogafa From United Kingdom, joined May 2008, 765 posts, RR: 0
Reply 15, posted (2 years 9 months 1 week 5 days 19 hours ago) and read 23148 times:

as stated in the article in a rather back handed way...

================================
Acquiring BMI would give IAG more than half of all take-off and landing slots at the airport and strengthen BA’s grip on one of the world’s most important transport hubs.

That said, Lufthansa has 66% of the slots at Frankfurt's main airport, while Air France-KLM has 59% at Charles de Gaulle in Paris and 57pc at Schiphol in Amsterdam.
================================


User currently offlineheebeegb From Finland, joined Sep 2007, 424 posts, RR: 0
Reply 16, posted (2 years 9 months 1 week 5 days 19 hours ago) and read 23139 times:

Sorry, answer my own question

Lufthansa has 66pc of the slots at Frankfurt’s main airport, while Air France-KLM has 59pc at Charles de Gaulle in Paris and 57pc at Schiphol in Amsterdam.

BA with BMI would have less than all these 3 so would they have any problem getting approval?


User currently offlinelhr380 From , joined Dec 1969, posts, RR:
Reply 17, posted (2 years 9 months 1 week 5 days 19 hours ago) and read 23133 times:

Quoting heebeegb (Reply 14):
what % of slots do KLM have at AMS, AF at CDG and LH at FRA out of interest?

It tells you in the article

Quote:
That said, Lufthansa has 66% of the slots at Frankfurt's main airport, while Air France-KLM has 59% at Charles de Gaulle in Paris and 57pc at Schiphol in Amsterdam

BA/IB would hold I think it says 55% of the slots at LHR, lower then the amount of the other 3 major powers in Europe at their own hub airports


User currently offlinejoelyboy911 From New Zealand, joined Oct 2009, 244 posts, RR: 0
Reply 18, posted (2 years 9 months 1 week 5 days 19 hours ago) and read 23139 times:

Interesting that the article states that IAG is also interested in TAP - why are they so keen on:

a) buying up Star Alliance members?
b) buying up competing rather than complementary airlines?

Considering that BA and BD serve similar markets, and so do IB and TP, it seems odd to me that IAG doesn't look to new geographic areas. This consolidation in Iberia and Britain is interesting, but they already dominate those regions. Why aren't they looking at Northern, Central and Eastern Europe (considering the EU is the only place were they can easily hold large ie. controlling, shares of airlines.). Some consolidation is good, but buying up all the competition doesn't look too good for PR reasons, and it would seem they are missing an opportunity elsewhere. Why not use their size and economies of scale to outmuscle the competition, rather than spending the money to amalgamate them?

Of course I understand BD has value in LHR slots, which BA needs, but IB-TP delivers no such value, unless the LIS hub means something to the group.

I would have thought AY, AB would be more likely takeover/investment opportunities. I also wonder if they will step foot in the LCC market at some point too, though those based in the British Isles certainly would seem to come with too much political baggage from people associated with the brand (Stelios and O'Leary).

As an aside, I wonder if BE is a target for more IAG investment?



Flown: NZ, NY, SJ, QF, UA, AC, EI, BE, TP, AF
User currently offlineAA787 From United States of America, joined Feb 2004, 610 posts, RR: 13
Reply 19, posted (2 years 9 months 1 week 5 days 19 hours ago) and read 23101 times:

Quoting joelyboy911 (Reply 18):
b) buying up competing rather than complementary airlines?

Well... when you buy a competing airline, you sorta make it a complementary airline dont you?



ET In NYC
User currently offlinelhr380 From , joined Dec 1969, posts, RR:
Reply 20, posted (2 years 9 months 1 week 5 days 19 hours ago) and read 23094 times:

Quoting joelyboy911 (Reply 18):
b) buying up competing rather than complementary airlines?

TAP would offer Oneworld access to some markets it does not currently access from Europe and would compliment the current offering from BA/IB/AA and LA who operate to South America.

Quoting joelyboy911 (Reply 18):
a) buying up Star Alliance members?

Why not. If an airline is up for sale, or putting out the feelers?


User currently offlinerichardw From United Kingdom, joined May 2001, 3745 posts, RR: 0
Reply 21, posted (2 years 9 months 1 week 5 days 19 hours ago) and read 23069 times:

Quoting joelyboy911 (Reply 18):
I also wonder if they will step foot in the LCC market at some point too,

If you mean BA as they, BA has already been there, it was called Go-Fly.


User currently offlinefcogafa From United Kingdom, joined May 2008, 765 posts, RR: 0
Reply 22, posted (2 years 9 months 1 week 5 days 19 hours ago) and read 23082 times:

Buying near neighbours is a practice that has been established by DLH acquiring SWR, SAB and AUA so there is obviously some advantage in it

User currently offlineC010T3 From Brazil, joined Jul 2006, 3681 posts, RR: 19
Reply 23, posted (2 years 9 months 1 week 5 days 19 hours ago) and read 23086 times:

Quoting fcogafa (Reply 11):
but having to surrender some of the slots to its competitors

Maybe a sale would involve all the slots that couldn't be absorbed by BA because of antitrust restrictions to remain with LH.


User currently offlineLHRFlyer From United Kingdom, joined Apr 2010, 811 posts, RR: 1
Reply 24, posted (2 years 9 months 1 week 5 days 19 hours ago) and read 23049 times:

Quoting mogandoCI (Reply 13):
wouldn't LH have enough shares in BMI to have a meaningful say in it ?

They own 100% of bmi. LH decided to put it up for sale.


25 C010T3 : Because they're reaching that percentage through acquisition rather than through organic growth.
26 Byrdluvs747 : I agree. As I posted in the OW thread, I really would like to see IAG make a move for AZ. If they can't get Alitalia, then go for IG.
27 BrianDromey : I would disagree with you, all of the mentioned airlines add something to the IAG group. BA has a wide range of route, serving major markets in the U
28 skipness1E : No they won't really, you're thinking of British Midland as was, not the BMI shell that remains. Good luck to all at BMI and let's hope that IAG can
29 Post contains images Richard28 : would love VS to satrt a short haul from LHR, with a Virgin America / Virgin Australia type product... would shake things up... but cant help but fee
30 LondonCity : VS had its chance years ago with its LCC Virgin Express which flew ex-LHR to BRU and, I believe, it also operated from STN to Berlin. But seemingly i
31 fcogafa : And they tried the package market as well, with Virgin Sun. Plus the cargo market jointly with MAS kargo. They turned out well, too. Of course this wh
32 bennett123 : If they have to give up slots, would IAG chose the slots. Could slots be sold to an alliance partner.
33 richardw : Will BA eventually want gates in LHR T2 if it acquires BMI?
34 SKAirbus : First of all, I think that if IAG's offer is accepted, we will see the end of BMI. I cannot imagine that IAG will want to keep two seperate brands at
35 skipness1E : T2 is for STAR Alliance, Oneworld is T3, so any T5 overflow would presumably make it's way to T3. Given that there's a fair amount of room on the ROI
36 MasseyBrown : The verb "to table" has opposite meanings in the US and the UK. Just to confirm, the OP means that IAG has offered a proposal, subject to further defi
37 VV701 : Slot coordinator Airport Coordination Ltd report that BA held 4,040 (42.4 per cent), IB 154 (1.6 per cent) and BD 800 (8.4 per cent) of the 9,254 wee
38 dutchflyboi : That is correct
39 VV701 : Remember that BA - and hence effectively IAG - owns 15 per cednt of flybe. But if BMI Regional went to flybe then flybe would probably not be interes
40 eicvd : The majority of my flights have been with BD, would be sad to see them go. Id love to see BA back here in DUB but I pressume if this acquisition goes
41 lhr380 : It already does. BA and IB I would like to see BA back in the regional airports. I just don't know how it would work? Ex GLA would be easy as the Cit
42 Babybus : With no disrespect to anyone who works for BMI but I do hope BA do buy them out and get rid of the brand for eternity. It has never really had a good
43 SKAirbus : They have in recent years built up a brand that flies to the middle east and airports not well served from LHR. If they make money for BMI then I thi
44 richardw : Bmibaby was set up as competition for Go-Fly (BA started Go-Fly) opening a base at EMA, easyJet then took over Go-Fly and then left EMA, would be a bi
45 skipness1E : I don't think it is, they had a pilot and CC base at EDI but maintenance is not done with BA, it's done at Exeter with flybe with third party enginee
46 Post contains images AirbusA6 : Many of BMI's routes to the middle east are former BMed routes, which were previously flown as a franchise for BA! BA presumably didn't buy BMed as th
47 BrianDromey : I think IAG taking over BD is a very different scenario to BA taking over BD. Within the group there are interesting is each of these segments, many
48 GT4EZY : Absolutely and in many ways Easyjet, although not initially, has taken some of what made GO popular thus crediting what GO stood for.
49 kaitak : I think Bmi is, sadly, moribund; whatever happens now, the brand will cease to exist. Sad to see a long standing name in UK aviation going - joining
50 Delimit : Because LHR is far more slot-constrained than FRA and AMS. Does CDG even has a cap?
51 Post contains images n9801f : You beat me to it! American readers will comprehend this post far better if the headline is modified to say "submits" instead of "tables". In any cas
52 EuroWings : The key aspect for me is what will happen to bmi Regional, which is apparently the strongest performing division within bmi. It operates a notable net
53 VV701 : Is there any argument that BA should be penalised for buying BD in a way that LH was not penalised for buying LX, OS and SN simply because their home
54 SKAirbus : I wouldn't worry too much. If it is making money, then BA would be stupid not to exploit it. If they don't keep the ERJ145s they may want to base som
55 bennett123 : I know that there are some glad to BMI. However, my limited experience of them is generally good. I flew with BMI to Amsterdam quite uneventfully. I a
56 EuroWings : Yes, but the regional operations of bmi are indeed on a small scale. I do have my doubts as to whether BA would be interested in these bases and rout
57 sam1987 : Perhaps they'll move one of the brands to LGW? Even if they don't move the brand, they should certainly use the BD Airbuses to replace BA's LGW 737s.
58 VictorKilo : Perhaps continuing to serve their Group airlines and Star Alliance partners will mean that LH will retain the 10 daily slots currently used for TXL,
59 AIR MALTA : If ever BA gets the deal, I do not see why BA should give up some slots. They only overlap on 4 routes, EDI, ABZ, MAN and DME. If BD can not make tho
60 steve6666 : Agree with Brian. This deal can be summed up in three words. Synergy. Synergy. And synergy. The BA/IB synergies were pretty huge - although I am not
61 VV701 : Since LH bought BD up until the start of the current Summer Season BD's slot holding had declined from 1,180 to 800 LHR weekly slots. The big gainers
62 bennett123 : Given that these figures will doubtless include employers as well as employees NI, and possibly the "cost" of annual holidays, the VS staff are hardly
63 Post contains links LHRFlyer : According to the Financial Times Virgin has held talks with Etihad about possible bids but a joint bid has not been submitted. The deadline for bids w
64 bastew : It will be difficult to gauge the public perception of this one. On the one hand you'll have BA (who the brits love to hate) being descriped as a domi
65 Post contains images Jacobin777 : Yet still fly in droves..
66 gemuser : ??? So what does to table something mean in USA? There's a LOT of posts that would be a lot more comprehensible to many, many people if Americans did
67 MillwallSean : There is always difficulties to understand the EU system on A.net I have noticed. So again, comparing how LH and LX came together or for that sake BA
68 MasseyBrown : It means to remove a matter from active consideration - to place a bill or resolution on the table for possible reconsideration at a later time, whic
69 dogbreath : I didn't see any comments in any posts above, but what's the consensus about the future of BMI Baby? I can't remember if they were set apart from BMI
70 BrianDromey : I can see how the EU might view LHR as an isolated market, because of the revenue premium, but I don't think it should. I think they should look at t
71 VV701 : I see YOUR problem. You start when talking of the EU by saying that You go on to say and then in your confusion as to how the EU works you say What y
72 B747-4U3 : I am confused to see what point you are making here. The EU has the remit to deal with new developments, however the increase in AF/KL and LH/LX/OS s
73 avek00 : An IAG-BMI merger should proceed rather smoothly on the regulatory front -- there's no potential show-stopping antitrust element involved in such a co
74 fcogafa : Remember that it is IAG making this bid, not BAW. Consequently IBE or VLG might get some of the slots, diluting the problem....
75 planejamie : I think BA (well, IAG) is exactly what BD needs, in fact, I know for a fact that on the LHR or UK-RUH market that was previously very LH/BD dominated
76 EuroWings : If IAG/BA do take over BMI, I very much doubt they will continue operating the whole of BD in its current form for any substantial length of time. I
77 777way : If VS were to get BD would they retain the brand, because VS planes with the lady decal would not be allowed in Iran and Saudi Arabia, unless the keep
78 EuroWings : I am sure that would be a fairly minor issue for VS if it's just the 'lady decal' that would be an issue, it could be removed from the livery. Howeve
79 planejamie : Very true! But, the A330s could run for a couple of years until BA's 787s arrive as BA will need aircraft to fill the slots they've gained. I reckon
80 777way : I meant would they rebrand BD to VS or let it continue, not a new branding for VS itself.
81 BY738 : Nope, dont see any of that happening.
82 boysteve : Remember BA CityFlyerExpress? Remember BA Connect? Why would BA try and run ERJ145's from the regions for a third time? It is unlikely BA could sell
83 planejamie : Fair point. Another thing, what about gates? LHR T5 is already pretty much maxed out now, where would these extra flights fit in?
84 TCASAlert : If BA were to buy BD it would be the end of aviation in the UK as we know it. Goodbye WW, goodbye domestic flights outside of LHR, goodbye Star's UK p
85 fcogafa : BAW would have to use T1 again. An advantage might be that they could move the T3 coaching operation flights there as well, thereby simplifying thing
86 skipness1E : Whatever do you mean an end to domestic competition? Easyjet are the main domestic competition to BA not BMI. As has been stated a few times, the rout
87 lhr380 : As IAG would not have as much competition on the BD domestic routes (BHX etc) it might be feasable?
88 EuroWings : I agree and for that matter I don't think BA will want BD Regional routes at all. I think the BD Regional operation is sometimes forgotten and it's o
89 fcogafa : I suppose it depends on timescales, once T2 opens and more Star airlines move there from T3 there will be extra capacity in T3 to handle extra BAW fl
90 planejamie : Having gone through AMS, CDG, FRA, ZRH and LHR (Terminal 1 with BD and Terminal 5 with BA) my best experiences have been through LHR purely for the f
91 EuroWings : The opening of Terminal 5 has improved the LHR transfer experience with BA, although essentially that isn't my point. If you look at BA's domestic ro
92 skipness1E : There are no realistic plans to run the train from T5 to T3, it would mean conformance would be needed at T3 aside from the fact the volumes are stret
93 Post contains images blueshamu330s : What a ridiculous statement. You have heard of EasyJet, Flybe and Eastern....haven't you? Collectively they have more domestic coverage than BA has p
94 VV701 : In looking at possible future scenarios of a BD purchase it is worth remembering that the purchase will not be by BA but by IAG. So one possible outco
95 planejamie : Which is where the ERJs could come in use if IAG rebranded BD Regional as something like "BA Express" or "BA Regional". They could easily fly these f
96 david_itl : BA in London wouldn't allow that. They didn't do it for their major bases in BHX and MAN - some pricks think it was a good policy for BA in London to
97 Post contains images EuroWings : BA Connect? BA CityExpress? Brymon Airways? I think we've been there before many times... I'd love to see BA back in 'the regions' but I just can't se
98 planejamie : Hence why Monarch, easyJet and Jet2 are making a killing up north on short haul. Long haul, well that's a different matter and depends on where you'r
99 skipness1E : Jamie I have to say BLK-LHR on an ERJ to a town in Lancashire versus an A380 to foreign parts, is a no brainer of a choice! I mean come on man! BLACKP
100 SunriseValley : Can someone tell me why LH with its reputed teutonic throughness cannot make BD work?
101 planejamie : Haha, we can dream... though I agree, I would prefer a 777 or 747 (I'm just not a fan of the A380...) to HKG or JFK would be much better than BLK. Ma
102 iainbhx : I was a BA Silver for ten years, Gold for two years. I put up with having to travel to LHR for long-haul, three months of BACon and I was off to the
103 commavia : I hope this happens. BMI is one massively inefficient allocation of an incredibly scarce resource. Those slots can be far, far more effectively and ef
104 boysteve : You should be on stage. I laughed more at this than I did when I went to see Peter Kay last week. Club World Blackpool to Paris, genius! Seriously th
105 lhr380 : BLK has 5 flights a day, 4 of them to Ireland. With MAN being so close, I dont think we would see anyone going from BLK to LON
106 YVRLTN : Regarding what LH (and by extension Star) will do post BD, I think they will take all the slots at LHR they need out of the deal and then replicate wh
107 YVRLTN : Regarding what LH (and by extension Star) will do post BD, I think they will take all the slots at LHR they need out of the deal and then replicate wh
108 planejamie : I thought it was already daily from 5 weekly... however, it can possibly sustain twice daily 777 & 767 or maybe even go 1 daily 747 as BD always
109 1979AirBuzz : Maybe British people do not actively want it but then these economies just seem to have more money than the Brits. Hence, BA could never participate
110 skipness1E : Hmm you mean like easyJet, British Airways with TAT and Deutsche BA, and from the wealthy nation that is Ireland, er Ryanair???? BA tried in France b
111 1979AirBuzz : Not sure what easyJet and Ryanair have to do with airline consolidation in Europe?
112 lhr380 : They are UK/Irish companies that have a major presence on the Internal European market I guess.
113 VV701 : I think this was in response to your response to the comment implying that the Brfitish use U2 as do many continental Europeans.
114 skipness1E : Are we sure it's not the case that IAG have "offered a table for BMI" in an IKEA exchange sort of way? It may be a mistranslation from lawyerspeak....
115 lightsaber : You wouldn't believe how confused I was before reading this comments and the OP article in detail... I wonder why the US definition implies 'to take
116 lhr380 : Or any of the bids?
117 EuroWings : As much as that is a positive thing, the direct investment that we see outside London mainly comes from foreign legacy carriers or LCCs and that will
118 skipness1E : It's honestly not something that should come before profit, revenue and bottom line. BA couldn't make money in the regions if God himself got involve
119 EuroWings : It doesn't matter because the regions are catered for by other carriers, it was merely a personal response. BA can't make money in the regions and sh
120 LX138 : If BD were taken over the regional jets would be gone quicker than you can say......... Bizarre statement. BA have chosen different consolidation cha
121 skipness1E : How about a name for the BA leisure airline, "British Airtours"? Showing my age now!
122 Post contains images baexecutive : BA leisure airline.........its called BA Gatwick
123 1979AirBuzz : IMO, it appears that the joint EY/VS bid (EY for the money, VS for the legal ownership requirements) is the more likely one. Now EY starting codeshar
124 planejamie : I hope it doesn't go to VS - what will the do with bmi? They've not even got their own airline sorted out and they're taking on another messy airline
125 AIR MALTA : I agree with you! It is time to have one solid British Airline (even if some would call it London Airways). Fragmenting BD or selling it to EY is not
126 richardw : What would happen to LH flights operated by BD from the UK to Germany, would these be eventually operated by LH?
127 EuroWings : I would imagine that all LH-group flights operated by BD would be transferred back to the appropriate carrier sharply. If BD goes to BA, then Star wi
128 Post contains links VV701 : My German is lousy. But here is a computer (Bing) translation of an LH statement on the BD sale situation: "Update 12.21 pm: Meanwhile, Lufthansa hold
129 Post contains links LHRFlyer : According to "sources" of Reuters, IAG is viewed as the front runner to buy bmi. It seems that LH is keen to dispose of bmi before year end. http://ww
130 aa1818 : Excellent News! I hope this proves to be true and that the deal is signed before year-end. Would certainly be a nice Christmas present for us IAG/ on
131 lhr380 : Lets not get our hopes up, but this is very good news. Lets see what happens...
132 777way : So BA will back to the Levant and Stans?
133 anstar : LH is used to buying carriers tat are dominant in their home ports - Austrian/Swiss/Brussels etc... BMI is not the dominant carrier at LHR.... Whilst
134 lhr380 : "IF" IAG do get BD, VS would undoubtedly get slots given to them as part of any deal
135 LHRFlyer : I don't think they will. If you look at the competition enquiries into the AA/BA transatlantic joint venture, neither AA nor BA had to dispose of slo
136 VV701 : A second LHR-HKG service would require 14 weekly slots. There are around 700 Weekly BD slots currently being operated (800 less the 6 daily slot pair
137 richardw : BD has only recently re-started LHR-NCE, it was about the 24th August 2011, they suspended it for a long time and they decided not to compete on the r
138 Post contains links LHRFlyer : The Financial Times newspaper claims that IAG has shown more interest in bmi than Virgin and is now in detailed discussions with Lufthansa. http://www
139 Post contains links fcogafa : A non-pay link to the article... http://finance.yahoo.com/news/IAG-de...-talks-buy-BMI-xft-3580358922.html
140 Post contains links boysteve : BMI is ridiculous. Their website still has downloads available of their timetable available which ran until 29th October 2011. You can't download the
141 1stfl94 : Looks like the end of the line for BMI, IAG seem to be only party with a firm plan and the cash to put in a bid. Virgin still seem to be making noises
142 fcogafa : If it does happen I hope IAG take the staff and aircraft as well because there are a lot of people employed by BMA and it would be tragic for them to
143 lhr380 : Would be great to have all the extra planes, with the slots a lot of extra flights could come up to cope with BD going, as well as new flights to des
144 Post contains images commavia : I so hope this happens - that BA/IAG gets hold of those Heathrow slots. It's really the best long-term solution for all stakeholders involved. Virgin
145 lhr380 : Ohter than the 330 (Which could go to IB) the BD fleet is the same as BA and IB. Not 100% on engine types, but the main aircraft of the BD fleet is t
146 VV701 : In addition to the two 330s BD main line have 25 other aircraft. Of these seven used to be operated by BMed in BA livery with BA titles. What goes ar
147 CYatUK : If a deal goes ahead with IAG, what could this mean for diamond club members? Loose everything or get transferred to BA FF program?
148 antonovman : I dont see why Virgin should get any slots at LHR as they are already leasing slots out to other airlines. BA is the only one who could rescue BD
149 Burkhard : News sources in Germany indicate that the sales price will be 400Mio Pound - 300 for the slots and 100 for the rest - which would just balance the cos
150 LHRFlyer : Diamond Club would either be sold to IAG as part of the sale or retained by Lufthansa with members transferring to Miles & More. Either way, Diam
151 OA260 : Indeed and until recently the interiors were BA style also . This effects me as nearly 10 years BMI Gold I was due to get lifetime Gold but in the la
152 someone83 : It seems like the odds that BMI will go to IAG and BMI Regional to a Scottish investorgroup are quite low, but what about BMI Baby? They doesn't seem
153 bennett123 : I have flown by Baby a couple of times, and would not have ruled out flying them again. However, it is hard to see a future for them.
154 Burkhard : Baby wouldn't it fit to Jet2.com ?[Edited 2011-11-03 04:08:38]
155 AIR MALTA : I think that ultimately, this is the best solution for everyone. I think BA would need to keep the schedules as they are at least for a season before
156 richardw : Perhaps FR, LS, or U2 might buy it to just eliminate a competitor in the same way FR did with Buzz.
157 Amsterdam : BA will shut down BD. A lot of people will lose their jobs probably.
158 Tristarsteve : BA has no choice but to take the aircraft and staff. They are having trouble using the slots they have just aquired from BMI. They must use these slo
159 skipness1E : Do tell??? Are the wings more corroded that one would expect? You are implying BA are using PIK for something beyond normal maintenance?
160 VV701 : Seems a very unlikely price to me. The total cost of BD to LH including their original stake was around £350 million. When they took full control of
161 Post contains links Burkhard : Seems its going quick now... http://www.bloomberg.com/news/2011-1...nit-in-u-k-to-british-airways.html The 400 Mio Pound I found under http://www.dera
162 lhr380 : Ohhh, looks like we may find out during the IAG earnings release tomorrow...... Cant wait
163 AIR MALTA : That's amazing... Very good news if it happens... Then we can start to speculate on what routes will be kept and what routes willl be axed and others
164 Alsatian : Totally agree. Great times for Heathrow !
165 slinky09 : Wrong, VS leased from other airlines, e.g. UA, and those leases expired. I expect some sort of offer - to make some slots available to VS to calm the
166 jfk777 : There are a number of options for VA to gets planes for 2 or 3 years: Used Singapore 777-200ER, used Lufthansa 744 and used Qantas 744's. The world i
167 C010T3 : I don't thin that you should correlate the price that LH paid with what BA would have to pay. LH is very interested in selling, but selling it to a r
168 LHRFlyer : According to Reuters Virgin could not afford to bid alone and has not been able to secure a partner to support a joint bid.
169 Tristarsteve : The Airbus that go into the PIK hangar go there for one specific job. This is to inspect for and repair corrosion on the trailing edge of the wing. T
170 Post contains links bennett123 : http://www.airfleets.net/ageflotte/British%20Airways.htm The average age of the A319 is 11, but the average for the A320/A321 is about 6. This sounds
171 anstar : Would be nice to see some VS expansion... I believe the current plan is to retire 300's and "perhaps" some 600's as the 330's come online... but if t
172 BAW217 : They might be able to, if IAG do purchase BMI and then close it down and merge it into BA. Virgin Atlantic have a stipulation within their route lice
173 skipness1E : Virgin are contracting, not expanding. They have been losing slots organically, it makes no sense to grow explosively over night. Taking on a profita
174 bongodog1964 : You certainly shouldn't make any connection between the price LH paid for BMi and its present value. LH was a reluctant purchaser, having previously
175 Eagleboy : In terms of personnel impact on BD, any takeover by BA would obviously result in a loss in office/admin/support posts. With BA currently recruiting ca
176 Post contains links richardw : In the UK we have something known as TUPE http://en.wikipedia.org/wiki/Transfe...on_of_Employment)_Regulations_2006 So the answer could be no if UK l
177 lhr380 : IF it all goes thru, I see BD staying as is for the time being, and slowly planes and staff moving over to BA contracts and colours. Would take a whil
178 Post contains links commavia : Well, it appears - based on news reports from multiple sources including Aviation Week and Reuters - that this is, indeed, heading towards pretty much
179 VV701 : I agree entirely. Today BD is not worth anything near what LH was forced to pay under their 1999 agreement with Bishop. Today BD is clearly not the v
180 C010T3 : Well, if LH sold the slots to other airlines other than BA, BA would have lost a great opportunity, actually a unique opportunity to grow in its own h
181 Post contains links PM : Done? http://www.bbc.co.uk/news/business-15588645
182 VV701 : Here the most important wolrd is "if". Although LH has very clearly put at least some of BD's slots up for sale, the only buyer has been BA. BA have
183 joelyboy911 : I wonder what will happen on the customer side of things. Luckily BD never went into Miles&More, so BA can easily integrate the BD Diamond Club in
184 richardw : Not doing that may be a deal condition from IAG.
185 C010T3 : Well, no more speculation. The airline is being sold, not the slots.
186 lhr380 : Slots will come with it though?
187 C010T3 : Yes, I'm sorry. Correcting: The airline is being sold as a whole, not only the slots.
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