adicool
Posts: 169
Joined: Tue Apr 10, 2007 8:38 am

JK & BD - What Will Come Next?

Fri Jun 22, 2007 12:32 am

Now that SK are willing to sell their shares in BD and JK things could become very interesting again, especially regarding the possible merge of IB and BA. It seems to me like LH are very much interested in buying the 20% BD share that SK hold. I was just wondering if LH are also interested in buying JK? Would it be possible for LH to turn JK in a long-haul carrier? By doing so, there wouldn't be anymore the need of buying IB and their lucrative access to the Latin American market. The most important routes with high yields like GRU, MEX, SCL and EZE would still be handled by LH and LX directly while flying to destinations such as OUI, LIM, MVD, PTY or SJO would be handled by JK...
Any thought?

[Edited 2007-06-21 17:49:21]
 
BigOrange
Posts: 2291
Joined: Tue Apr 13, 2004 2:20 am

RE: JK & BD - What Will Come Next?

Fri Jun 22, 2007 12:42 am

Quoting Adicool (Thread starter):
Now that SA are willing to sell their shares in BD and JK things could become very interesting again, especially regarding the possible merge of IB and BA. It seems to me like LH are very much interested in buying the 20% BD share that SA hold

I thought it was SAS (SK) selling their stake not South African (SA)
 
adicool
Posts: 169
Joined: Tue Apr 10, 2007 8:38 am

RE: JK & BD - What Will Come Next?

Fri Jun 22, 2007 1:13 am

yeah, sorry, I mixed those two up
 
Humberside
Posts: 3224
Joined: Sun Jan 01, 2006 12:44 am

RE: JK & BD - What Will Come Next?

Fri Jun 22, 2007 1:25 am

I beleive if IB are majority owned by foreign interests they loose some South American traffic rights. Therefore I guess that if LH majority owned Spanair, they couldnt fly to certain long haul destinations
Visit the Air Humberside Website and Forum
 
Aisak
Posts: 550
Joined: Thu Aug 11, 2005 10:56 pm

RE: JK & BD - What Will Come Next?

Fri Jun 22, 2007 2:22 am

Quoting Adicool (Thread starter):
I was just wondering if LH are also interested in buying JK? Would it be possible for LH to turn JK in a long-haul carrier? By doing so, there wouldn't be anymore the need of buying IB and their lucrative access to the Latin American market

They still can't. Should a Spanish airline want to fly to (most of) Latin America, this Spanish airline has to be SPANISH, not Swedesish, not British and not German. If LH were to buy JK to fly to LatAm the limit would be 49%. That's the "issue" with IB and would remain to be an "issue" with JK
 
kiwiandrew

RE: JK & BD - What Will Come Next?

Fri Jun 22, 2007 2:51 am

Quoting Aisak (Reply 4):
That's the "issue" with IB and would remain to be an "issue" with JK

at least until the bilaterals come up for renegociation

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