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Bmi Regional To Be Sold To Undisclosed Buyer  
User currently offlineLHRFlyer From United Kingdom, joined Apr 2010, 815 posts, RR: 1
Posted (2 years 10 months 3 weeks 5 days 7 hours ago) and read 11594 times:

An internal memo has been sent today to bmi staff announcing that bmi Regional is expected to be sold by way of a share sale to an as yet undisclosed UK based investor. The deal is expected to complete by November and the airline will continue operate under the bmi brand and with the back office support of bmi for a transitional period.

37 replies: All unread, showing first 25:
 
User currently offlinerichardw From United Kingdom, joined May 2001, 3750 posts, RR: 0
Reply 1, posted (2 years 10 months 3 weeks 5 days 7 hours ago) and read 11515 times:

Quoting LHRFlyer (Thread starter):
the airline will continue operate under the bmi brand and with the back office support of bmi for a transitional period.

...and what will happen at the end of the transitional period....will it be fastjet?


User currently offlineaamd11 From UK - Wales, joined Nov 2001, 1059 posts, RR: 1
Reply 2, posted (2 years 10 months 3 weeks 5 days 7 hours ago) and read 11433 times:

There's an article on the BBC from a couple of days ago about a group of Scottish-based investors taking on bmi regional and turning into something a bit more Scottish.

http://www.bbc.co.uk/news/uk-scotland-scotland-business-15453062

Related, perhaps?


User currently offlinelows From Austria, joined Oct 2011, 1154 posts, RR: 1
Reply 3, posted (2 years 10 months 3 weeks 5 days 6 hours ago) and read 11227 times:

Quoting aamd11 (Reply 2):
There's an article on the BBC from a couple of days ago about a group of Scottish-based investors taking on bmi regional and turning into something a bit more Scottish.

The article says they want to disentangle BMI Regional from *A and work with a Scandinavian carrier. Since SK is in *, I guess they mean AY? Even QI is tied into SK with the FF and codeshare.

And if it was AY, why would they chose to tie up with a OW parter to BA?

EDI to HEL is quite a stretch on the ERJ135/45 not necessarily in terms of range (especially if they have the 145XR) but is in comfort/time.


User currently offlineual777uk From United Kingdom, joined Nov 2005, 3356 posts, RR: 1
Reply 4, posted (2 years 10 months 3 weeks 5 days 6 hours ago) and read 11227 times:

Quoting aamd11 (Reply 2):
something a bit more Scottish

Bring back the Caledonian girl in the tartan skirts etc.

Be interesting to see what happens


User currently onlineeicvd From Ireland, joined Mar 2008, 2163 posts, RR: 4
Reply 5, posted (2 years 10 months 3 weeks 5 days 6 hours ago) and read 11125 times:

Quoting lows (Reply 3):
The article says they want to disentangle BMI Regional from *A and work with a Scandinavian carrier.

My guess of who the Scandinavian carrier is would be the new City airline/Skyways, they have quite a few ERJ's aswell.


User currently offlineEuroWings From UK - England, joined Sep 2011, 298 posts, RR: 0
Reply 6, posted (2 years 10 months 3 weeks 5 days 6 hours ago) and read 11125 times:

Yes, it certainly is an interesting development. I believe it was mentioned on another forum that the winter flying programme will continue as usual. This is particularly significant as recently bmi Regional has been doing a considerable amount of flying for bmi mainline and also a few flights for Brussels Airlines.

It will be interesting to see what BD regional becomes, since if you take away the flying for BD mainline, Brussels Airlines and charters I think it's fair to say that the core routes are focused on Scotland. Looking at the English bases, at MAN and LBA - 2 out of the 3 destinations at each are to Scotland, only EMA doesn't feature this.


User currently offlinelows From Austria, joined Oct 2011, 1154 posts, RR: 1
Reply 7, posted (2 years 10 months 3 weeks 5 days 6 hours ago) and read 11044 times:

Quoting eicvd (Reply 5):
My guess of who the Scandinavian carrier is would be the new City airline/Skyways

But they are also linked to SK through codeshare and EuroBonus. Though, I will be the first to admit that I am probably reading too much into those comments about *A.

[Edited 2011-10-28 07:18:16]

User currently offlineJoeCanuck From Canada, joined Dec 2005, 5465 posts, RR: 30
Reply 8, posted (2 years 10 months 3 weeks 5 days 5 hours ago) and read 10926 times:

From the article, this is my favorite part;

http://www.bbc.co.uk/news/uk-scotland-scotland-business-15453062

Quote:
Now, the owner is watching the rumour swirl with studied Teutonic detachment. "There's a big bucket of possibilities," a spokesman told me - including a sale, downsizing or re-routing the network. "We are looking, for the BMI Group, into all options. We'll leave the rumours to everyone else, and make our decisions autonomously."



What the...?
User currently offlineEuroWings From UK - England, joined Sep 2011, 298 posts, RR: 0
Reply 9, posted (2 years 10 months 3 weeks 5 days 5 hours ago) and read 10772 times:

There's an article which confirms what has been said:

www.flightglobal.com/news/articles/l...se-to-selling-bmi-regional-364031/

"While the proposed buyer has not been identified, BMI said it was an investor group "previously associated with the regional business" and that discussions were "advanced".

It will be interesting to see who it is...

[Edited 2011-10-28 08:00:23]

User currently offlineSomedayTrijet From China, joined Nov 2010, 140 posts, RR: 0
Reply 10, posted (2 years 10 months 3 weeks 5 days 5 hours ago) and read 10611 times:

Quoting lows (Reply 3):
The article says they want to disentangle BMI Regional from *A and work with a Scandinavian carrier. Since SK is in *, I guess they mean AY? Even QI is tied into SK with the FF and codeshare.

And if it was AY, why would they chose to tie up with a OW partner to BA?

EDI to HEL is quite a stretch on the ERJ135/45 not necessarily in terms of range (especially if they have the 145XR) but is in comfort/time.

You have confused the Scandinavian countries and the Nordic countries; Sweden, Norway, and Denmark is the three Scandinavian countries, while Sweden, Norway, Denmark, Finland, and Iceland is the Nordic countries. This is very common, so don't worry.  

That would rule out AY, which makes believe this is the company we are looking for:

Quoting eicvd (Reply 5):
the new City airline/Skyways

Its the only Scandinavian carrier who I believe would fit the criteria and have an interest in taking over BMI regional.



Flown on: ATR72-5, Q300, E190, E195, A319/20/21, A332/3, 734/6/G/8, 744, 752/3, 763ER, 772ER/LR
User currently offlineVV701 From United Kingdom, joined Aug 2005, 7532 posts, RR: 17
Reply 11, posted (2 years 10 months 3 weeks 5 days 3 hours ago) and read 10280 times:

Could we be going full circle?


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Photo © Gary Watt



Business Air, based in ABZ, was bought by BD and turned into bmi Regional that is still based in ABZ?


User currently offlineEuroWings From UK - England, joined Sep 2011, 298 posts, RR: 0
Reply 12, posted (2 years 10 months 3 weeks 5 days 3 hours ago) and read 10247 times:

Quoting VV701 (Reply 11):
Business Air, based in ABZ, was bought by BD and turned into bmi Regional that is still based in ABZ?

Doesn't bmi Regional still operate under the AOC of Business Air?

A City Airline/Skyways tie-up sounds like an interesting offer, although perhaps it could be Fastjet!  


User currently offlineMillwallSean From Singapore, joined Apr 2008, 1244 posts, RR: 6
Reply 13, posted (2 years 10 months 3 weeks 5 days 3 hours ago) and read 10077 times:

So if we go with the Scandinavian connection we have that Russian Ukrainian Maxwell etc registered in Cyprus that has ownership in Cimber-Skyways-City-Aerosvit right?

We have the new FlyBe with its Nordic subsidiary.

We also have what Wideroe and they are SK. Perhaps not to likely since their apparent comment on non Star.

What else a few smaller carriers like DAT and some Swedish players that seem to small.

Were basically stuck with two potential buyers.

FlyBe or a Russian Ukrainian with cash.
Both very plausible but by the look of it I still say the Russian Ukrainian makes more sense since he has said they are looking at more acquisitions.

(And if its him I say his next acquisition will be in German, but that's just investment banking gossip and that's as reliable as galley gossip so...)



No One Likes Us - We Dont Care.
User currently offlineLX138 From United Kingdom, joined Jul 2009, 396 posts, RR: 0
Reply 14, posted (2 years 10 months 3 weeks 5 days 2 hours ago) and read 9930 times:

A bit sad, the breakup has started but the operation as it stands is not sustainable. I still think either Eastern, Flybe/Fincomm or Loganair is involved in this somehow.

I think a standalone regional operation with a Scottish bias is a complete fantasy idea though, and under a new brand would last 18 months max.



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User currently offlinelows From Austria, joined Oct 2011, 1154 posts, RR: 1
Reply 15, posted (2 years 10 months 3 weeks 5 days 2 hours ago) and read 9747 times:

Could DY be involved?

User currently offlinePlymSpotter From Spain, joined Jun 2004, 11655 posts, RR: 60
Reply 16, posted (2 years 10 months 3 weeks 5 days 1 hour ago) and read 9481 times:

Quoting LX138 (Reply 14):
I still think either Eastern,

That was my initial thought too, they have/had quite a lot of cash on hand since they took over SZ and did a sale/leaseback on the three owned Dashes.


Dan  



...love is just a camouflage for what resembles rage again...
User currently offlineGlom From United Kingdom, joined Apr 2005, 2818 posts, RR: 10
Reply 17, posted (2 years 10 months 3 weeks 5 days ago) and read 9276 times:

But the most important thing is, what's this going to mean for Diamond Club?

User currently offlineplanejamie From United Kingdom, joined Sep 2011, 576 posts, RR: 0
Reply 18, posted (2 years 10 months 3 weeks 4 days 23 hours ago) and read 8975 times:

I have a feeling it will be City Airline... Purely because they're wikipedia page (I know, unreliable etc) states that "3 ex flybe aircraft due 2011" next to ERJ-145s on their fleet info. Now, a few of the ex BA and BE ERJs went to BD... BE haven't operated an ERJ for a few years now, so I suspect that it could be City Airline.

Or... Eastern? Regional group, bought out Air Southwest, already operates ERJs and are after some more...

I'm just speculating here, but those two are possibilities


User currently offlinePlymSpotter From Spain, joined Jun 2004, 11655 posts, RR: 60
Reply 19, posted (2 years 10 months 3 weeks 4 days 23 hours ago) and read 8852 times:

Quoting planejamie (Reply 18):
I have a feeling it will be City Airline... Purely because they're wikipedia page (I know, unreliable etc) states that "3 ex flybe aircraft due 2011" next to ERJ-145s on their fleet info. Now, a few of the ex BA and BE ERJs went to BD... BE haven't operated an ERJ for a few years now, so I suspect that it could be City Airline.

There are still several ex BA/BE ERJ-145s stored at EXT.


Dan  



...love is just a camouflage for what resembles rage again...
User currently offlineEuroWings From UK - England, joined Sep 2011, 298 posts, RR: 0
Reply 20, posted (2 years 10 months 3 weeks 4 days 23 hours ago) and read 8564 times:

I hope it's Eastern or City Airline/Skyways and not Flybe, I don't have anything against BE but I'd just rather they didn't become overly dominant in this market.

Quoting planejamie (Reply 18):
have a feeling it will be City Airline... Purely because they're wikipedia page (I know, unreliable etc) states that "3 ex flybe aircraft due 2011" next to ERJ-145s on their fleet info. Now, a few of the ex BA and BE ERJs went to BD... BE haven't operated an ERJ for a few years now, so I suspect that it could be City Airline.

I wouldn't read anything into that at all, since Flybe do have those ERJs. If BE were to take on BD Regional, they wouldn't want to keep their fleet long-term. In fact, I don't think Flybe would be keen on keeping the current programme flying!

[Edited 2011-10-28 14:26:22]

User currently offlineBrianDromey From Ireland, joined Dec 2006, 3920 posts, RR: 9
Reply 21, posted (2 years 10 months 3 weeks 4 days 22 hours ago) and read 8468 times:

Quoting EuroWings (Reply 20):
I hope it's Eastern or City Airline/Skyways and not Flybe, I don't have anything against BE but I'd just rather they didn't become overly dominant in this market.

Guys, read the memo. Clearly states that investors previously involved with the company. i.e. it is being sold back to it's former owners, from the Business Air days.



Next flights: MAN-ORK-LHR(EI)-MAN(BD); MAN-LHR(BD)-ORK (EI); DUB-ZRH-LAX (LX) LAX-YYZ (AC) YYZ-YHZ-LHR(AC)-DUB(BD)
User currently offlineEuroWings From UK - England, joined Sep 2011, 298 posts, RR: 0
Reply 22, posted (2 years 10 months 3 weeks 4 days 22 hours ago) and read 8381 times:

Quoting BrianDromey (Reply 21):
Guys, read the memo. Clearly states that investors previously involved with the company. i.e. it is being sold back to it's former owners, from the Business Air days.

Going off the article (no memo for me to read, I'm not staff!), it says "previously involved in the regional business". Is that the previous investors in Business Air? I didn't initially take it to mean that, but now that you point it out!

[Edited 2011-10-28 14:43:23]

User currently offlineLH121GLA From Germany, joined May 2004, 455 posts, RR: 1
Reply 23, posted (2 years 10 months 3 weeks 4 days 21 hours ago) and read 7834 times:

Does anyone care to speculate on routes yet?

User currently offlineiahflyer From United States of America, joined Dec 2006, 320 posts, RR: 0
Reply 24, posted (2 years 10 months 3 weeks 4 days 21 hours ago) and read 7755 times:

Quoting LH121GLA (Reply 23):
Does anyone care to speculate on routes yet?

I'll bet BA will have more slots out of LHR.



Little airports with the big jets are the best!! Floyd
25 EuroWings : BD Regional doesn't have any LHR slots as far as I know. All routes out of LHR are operated on behalf of BD mainline, which has not been sold yet.
26 Post contains images VV701 : I believe that bmi Regional currently operates these routes (excluding those operated on behalf of bmi main line): ABZ to EBJ, GRQ, MAN and NWI EDI t
27 LH121GLA : Yes, and I will be interested to see what happens to the flights that BD Regional operate for BD mainline. Interesting times ahead.
28 n9801f : This makes a lot of sense to me. Lots of oil in Norway, and many of bmi's routes are oil-themed.
29 n9801f : This makes a lot of sense to me. Lots of oil in Norway, and many of bmi regional's routes are oil-themed.
30 HighlandExpress : Why is it a fantasy & why you so sure about "18 months max?"
31 LX138 : Because I don't think theres a market for a new regional operation, particularly if it operated under a new brand - and probably not know to travelle
32 nighthawk : It's not really a "new" regional operation - bmi regional has been around for quite some time now. While I dont know how profitable they are, the fac
33 LX138 : But the current owners are selling it!....... I admire your optimism, I really do, but if you had the chance to buy shares in the business - would yo
34 nighthawk : The BHX base wasnt, the EDI base appeared to be. However the airline ran out of money before they could launch a major advertising campaign. No airli
35 LX138 : Haha so I digress. A majic wand? No seriously I value your argument.
36 Post contains images PlymSpotter : The flip side to that is, why would anyone buy if the carrier was loss making? If you are going to re-brand anyway you might as well start from scrat
37 Humberside : Don't forget that bmi regional is more than just scheduled flights. They have an Airbus contract for which the brand is meaningless. Plus they have q
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