planenutz
Posts: 1156
Joined: Fri Dec 31, 1999 5:50 am

Star Alliance In Trouple?

Wed Mar 12, 2003 11:47 pm

With United bankrupt, Air New Zealand possibly going to Qantas, and plans for a Star Alliance Terminal at Heathrow all on hold, I'm wondering if it's going to survive.

Also, I noticed that the Star Alliance Ticket Office in London has been closed. It was a combined ticket office for United, Lufthansa, Thai, Varig, Air Canada, and Singapore Airlines, and was modern and cool and always busy. All that remains are signs indicating that Air Canada, Varig and United ticket offices are now at Heathrow, Thai still maintains it own office a few blocks away, and that a new Singapore Airlines office will be opening shortly. Nothing about LH.

Not all who wander are lost....
 
Airbus Lover
Posts: 3163
Joined: Mon Apr 10, 2000 10:29 pm

RE: Star Alliance In Trouple?

Thu Mar 13, 2003 12:17 am

I think he meant Trouble , dude!!!  Laugh out loud
 
doug_or
Posts: 3122
Joined: Sat Mar 18, 2000 9:55 am

RE: Star Alliance In Trouple?

Thu Mar 13, 2003 12:21 am

don't forget Varig and the Repo men. Notihng like seeing the 777 you were supposed to take home get hauled off by a guy with overalls and a shotgun in a towtruck!
When in doubt, one B pump off
 
clipperno1
Posts: 641
Joined: Tue Jun 01, 1999 12:47 am

RE: Star Alliance In Trouple?

Thu Mar 13, 2003 12:51 am

yes,yes the once shining star could be gone in a year. That's my opinion.
UAL is facing court, RG is doing....whatever,but if a major airline get's it's plane seized it pretty obvious that tey are in trouble, althought 'they just have some problems with the leasing companies'. With these two eventually gone the americas-market(USA-and South America), with the exception of Mexciana is gone. RG could be substiuted with TAM, although I don't know about their situation in depth (merger with RG?!). I don't think the whole US market can be carried out by AC, so there has to be a new partner, which might has to be snatched away from another alliance, which could be done by LH (now definetly leading the rat-pack) and their better economic biz-plans(...by now). The only one I can think of by now is CO......who knows what's gonna come!
"I really don't know one plane from the other. To me they are just marginal costs with wings."� Alfred Kahn, 1977
 
vermeer
Posts: 433
Joined: Fri May 12, 2000 6:21 am

RE: Star Alliance In Trouple?

Thu Mar 13, 2003 1:02 am

Yesterday I was chatting with some people at LH and they were saying that there are some "rumors" ( and let's just take them for that" that Star was interested in approaching Qantas.

That would be interesting...basically it could detonate an avalanche effect with AA leaving etc etc etc
 
Andreas
Posts: 5880
Joined: Tue Oct 09, 2001 7:56 pm

RE: Star Alliance In Trouple?

Thu Mar 13, 2003 2:12 am

Hmmm...AA leaving, based on the rumours in the banking market, AA seems to be heading into another sort of trouble, that is, Chapter 11! There are rumours that say that AA management is already re-negotiating credit facilities under a chapter 11 scenario.
As I said: Rumours!
Under the assumption of such a scenario an approach to Qantas makes sense, BA shareholding notwithstanding, they don't have a voting majority afaik (correct me if I'm wrong).
As for the original question: yes, sort of, but these problems seem to be solvable, if not by new full-scale members then by cooperations with American carriers. LH is sort of an expert on these alliances!
And given the fact, that AA does have serious problems, I don't exactly see other carriers run into the Oneworld-direction either!
I know it's only VfB but I like it!
 
ouboy79
Posts: 4111
Joined: Sun Nov 18, 2001 1:48 pm

RE: Star Alliance In Trouple?

Thu Mar 13, 2003 2:12 am

ClipperNo1...US Airways will be joining Star this year, so that would offer some help should UAL fall.
 
desertjets
Posts: 7570
Joined: Fri Feb 18, 2000 3:12 pm

RE: Star Alliance In Trouple?

Thu Mar 13, 2003 2:31 am

If anything, it seems that these large alliances are fleeting things at best. With the inherent instability in the airline industry, it is looking like any large scale alliance has no more than a 5 year lifespan before things get shaken up.
Stop drop and roll will not save you in hell. --- seen on a church marque in rural Virginia
 
go canada!
Posts: 2886
Joined: Wed Jun 06, 2001 1:33 am

RE: Star Alliance In Trouple?

Thu Mar 13, 2003 2:39 am

Under the assumption of such a scenario an approach to Qantas makes sense, BA shareholding notwithstanding, they don't have a voting majority afaik (correct me if I'm wrong).

oz777 knows more about this than i do but ba do have at least 2 directors on the board, have the power of a veto and also appoint the chairmen, chief exc and finance directors, therefore they have de facto control on the qantas board.if anything anz will be in one world.
It is amazing what can be accomplised when nobody takes the credit
 
Andreas
Posts: 5880
Joined: Tue Oct 09, 2001 7:56 pm

RE: Star Alliance In Trouple?

Thu Mar 13, 2003 3:02 am

From what I find it's a sub 22% shareholding, and there are two non-exec directors on the board. With 22% alone you have by no means the chance to control that company...that's why BA does not consolidate Qantas.
Of course I stand corrected, if there are shareholder alliances or something like that; it was just a short visit on the Qantas website, but that seems to be a problem that can be solved. In the end, the Qantas board is interested in one thing: make money, and they seem to be doing quite well lately. If they find Star a better way to ensure future cashflow, they'll change sides, of that I'm pretty sure!
But this is the future and I have no idea what will be...just a scenario and LH management proved in the last 10 years that they have pretty good idea about the direction aviation is heading!
I know it's only VfB but I like it!
 
Marara
Posts: 634
Joined: Fri Oct 19, 2001 11:29 pm

RE: Star Alliance In Trouple?

Thu Mar 13, 2003 12:14 pm

The *alliance has already said they would approach QF. But i cant see QF divourcing BA & AA. BA has just sent all its Australasian Exec Club members over to the Qantas Frequent Flyer program recently.

But then again many people said AN would never go down.
I like work: it fascinates me. I can sit and look at it for hours. Jerome K Jerome
 
ual777contrail
Posts: 2914
Joined: Sun Feb 17, 2002 11:33 am

RE: Star Alliance In Trouple?

Thu Mar 13, 2003 12:19 pm

UNITED And US AIRWAYS will be in the STAR next year, AA will lose the most through all of this. The STAR will be fine, UAL is already moving forward.

ual 777 contrail

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