Search found 1173 matches

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by fraT
Sat Jun 27, 2020 4:39 pm
Forum: Civil Aviation
Topic: Reports: LH might let SN file for bankruptcy
Replies: 133
Views: 23059

Re: Reports: LH might let SN file for bankruptcy

Neither Swiss nor Lufthansa are the issues within Lufthansa Group. So there is absolutely no need to let go either of these brands. Also Austrian is a well established brand and important for the market Austria so I highly doubt that they will let it go. SN Brussels is a relatively new brand but I a...

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by fraT
Wed Jun 24, 2020 8:55 pm
Forum: Civil Aviation
Topic: Updated: Majority of LH Shareholders are Voting for Rescue Package
Replies: 502
Views: 61661

Re: Lufthansa Group: 10B EUR bailout - Update

Corona has basically unveiled many things which went wrong in the LH Group. When the times were good many things could be overlooked. However now we are seeing what a mass their whole structure is and how much extra fat there is. Germanwings is already gone and so is Sunexpress. Eurowings keeps on ...

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by fraT
Wed Jun 24, 2020 7:30 pm
Forum: Civil Aviation
Topic: Updated: Majority of LH Shareholders are Voting for Rescue Package
Replies: 502
Views: 61661

Re: Lufthansa Group: 10B EUR bailout - Update

What I don't understand is why is Carsten Spohr still the CEO? To me it seems that he has led LH Group into this chaotic situation they are in today. Maybe it's time for someone else to take over. Is Spohr responsible for the Corona Virus or why are you suggesting he has responsibility? The last th...

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by fraT
Wed Jun 24, 2020 11:15 am
Forum: Civil Aviation
Topic: Updated: Majority of LH Shareholders are Voting for Rescue Package
Replies: 502
Views: 61661

Re: Lufthansa Group: 10B EUR bailout - Update

What I don't understand is why is Carsten Spohr still the CEO? To me it seems that he has led LH Group into this chaotic situation they are in today. Maybe it's time for someone else to take over. Is Spohr responsible for the Corona Virus or why are you suggesting he has responsibility? The last th...

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by fraT
Wed May 27, 2020 7:33 pm
Forum: Civil Aviation
Topic: Updated: Majority of LH Shareholders are Voting for Rescue Package
Replies: 502
Views: 61661

Re: Lufthansa: 10B EUR bailout - Update

Lufthansa board rejects bailout package https://onemileatatime.com/lufthansa-board-doesnt-approve-state-aid/ I commented earlier in this thread that LH management is arrogant. This news proves me right. As per German media, the decision has only been postponed since nobody know whether and what lim...

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by fraT
Wed May 27, 2020 5:32 pm
Forum: Civil Aviation
Topic: Updated: Majority of LH Shareholders are Voting for Rescue Package
Replies: 502
Views: 61661

Re: Lufthansa: 10B EUR bailout - Update

IAG and LH group are not even close to comparable in terms of competition. LH group carriers pretty much hold a monopoly on a majority of their long haul routes at FRA, MUC, ZRH and VIE. Even competition from DL/AA to these destinations is minimal. Is there even a single competor operating non-stop...

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by fraT
Wed May 27, 2020 3:38 pm
Forum: Civil Aviation
Topic: Updated: Majority of LH Shareholders are Voting for Rescue Package
Replies: 502
Views: 61661

Re: Lufthansa: 10B EUR bailout - Update

I think that you are overreacting. If you look at the conditions I list, all items amount to quid pro quo's balancing the advantage acquired through the bailout by measures imposing limitations to LH's growth. I don't know if you have noticed but the LH groups owns 6 airlines in Europe: LH, LX, OS,...

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by fraT
Tue May 26, 2020 8:51 pm
Forum: Civil Aviation
Topic: Updated: Majority of LH Shareholders are Voting for Rescue Package
Replies: 502
Views: 61661

Re: Lufthansa: 10B EUR bailout - Update

I think that you are overreacting. If you look at the conditions I list, all items amount to quid pro quo's balancing the advantage acquired through the bailout by measures imposing limitations to LH's growth. I don't know if you have noticed but the LH groups owns 6 airlines in Europe: LH, LX, OS,...

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by fraT
Sun May 24, 2020 5:59 pm
Forum: Civil Aviation
Topic: Lufthansa June International schedule
Replies: 16
Views: 6592

Re: Lufthansa June International schedule

USAirALB wrote:
Pardon my ignorance, but what is so special about Port Harcourt? Oil firms?

Seems like an unusual route to be flying during these times.


Yes, it's purely oil traffic.

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by fraT
Thu May 21, 2020 10:14 pm
Forum: Civil Aviation
Topic: Updated: Majority of LH Shareholders are Voting for Rescue Package
Replies: 502
Views: 61661

Re: Lufthansa: 10B EUR bailout - Update

even if you were right do you think that having the greens in power instead of the SPD will make it easier for the taxpayer to get a return on their involuntary investment? I actually see no big difference - in this point. But that is just my personal opinion. Currently I am not that sad that the g...

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by fraT
Thu May 21, 2020 8:29 pm
Forum: Civil Aviation
Topic: Updated: Majority of LH Shareholders are Voting for Rescue Package
Replies: 502
Views: 61661

Re: Lufthansa: 10B EUR bailout - Update

last time I looked SPD were in Government. The greens won't be enough to form a government with CDU so Germany will have some sort of rainbow government with socialists in it. They will never find the right time to sell it. Hmm, currently all demoscopic firms have a CDU/Green majority of more than ...

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by fraT
Thu May 21, 2020 1:17 pm
Forum: Civil Aviation
Topic: Updated: Majority of LH Shareholders are Voting for Rescue Package
Replies: 502
Views: 61661

Re: Lufthansa: 10B EUR bailout - Update

Criticism is mounting regarding this deal, regardless of what they say I doubt it will change anything. https://www.airliners.de/schlechter-deal-steuerzahler-viel-kritik-lufthansa-paket/55521 Criticism is coming from the opposition parties in politics which is happening with every decision the gove...

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by fraT
Thu May 21, 2020 12:53 pm
Forum: Civil Aviation
Topic: Updated: Majority of LH Shareholders are Voting for Rescue Package
Replies: 502
Views: 61661

Re: Lufthansa: 10B EUR bailout - Update

Lufthansa was an industrial relations nightmare before this. It will be strikes all the way going forward now that the Government is the largest shareholder but Mutti will be retired in 2021 so she won't care. Care to elaborate the reasons for this? Some unions have already offered steep wage cuts ...

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by fraT
Thu May 21, 2020 10:26 am
Forum: Civil Aviation
Topic: Updated: Majority of LH Shareholders are Voting for Rescue Package
Replies: 502
Views: 61661

Re: Lufthansa: 10B EUR bailout - Update

The 3 Billion loan is ok and a reasonable measure. But the capital increase is really excessive for an airline planning to restart activities as soon as next month. I hope that the European Commission orders them to divest Brussels Airlines and imposes a ban on take-overs of other airlines for at l...

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by fraT
Wed May 20, 2020 2:57 pm
Forum: Civil Aviation
Topic: Updated: Majority of LH Shareholders are Voting for Rescue Package
Replies: 502
Views: 61661

Re: Lufthansa: 10B EUR bailout - Update

That is their right to do so. There is no obligation to give LH what others got elsewhere? We are talking about loaning quite some bit of money. It's in the interest of the taxpayer to get some reward for the bailout. Asking for a €10 billion package with essentially no strings attached feels just ...

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by fraT
Fri May 15, 2020 8:59 am
Forum: Civil Aviation
Topic: air canada / airtransat
Replies: 27
Views: 3783

Re: air canada / airtransat

According to who? That’s why they had 85-90% load factors... Not to mention a repeat rate in the high 80s. People love to complain, especially on this site but when booking a flight, cheapest wins every time. Clearly Rouge fulfilled passenger expectations. (Like Transat, for the record.) In all fai...

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by fraT
Thu May 14, 2020 1:04 pm
Forum: Civil Aviation
Topic: DL to permanently retire entire 777 fleet
Replies: 725
Views: 110626

Re: DL to permanently retire entire 777 fleet

Of the 18 772s they have, seven were delivered in 1999, one in 2002, two in 2008, five in 2009 and two in 2010.

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by fraT
Wed May 13, 2020 2:36 pm
Forum: Civil Aviation
Topic: Updated: Majority of LH Shareholders are Voting for Rescue Package
Replies: 502
Views: 61661

Re: Lufthansa: 10B EUR bailout - Update

Greens are back. Now they are requesting for more information on LH's dealing with companies that are located in tax havens. With SPD not entirely convinced and the Greens placing additional hurdles, do CDU/CSU have enough political weight to get this aid through fast? Can Greens alone block this a...

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by fraT
Fri May 08, 2020 3:51 pm
Forum: Civil Aviation
Topic: Ryanair Threatens EU Over State Aid to Airlines
Replies: 342
Views: 29942

Re: Ryanair Threatens EU Over State Aid to Airlines

First example I can think of straight off the top of my head is Aer Lingus flying FRA-DUB with no FRA employees but very much a competitor to LHR on FRA-DUB. Where is the love for Aer Lingus? Where is the free money for them. Do they not deserve a level playing surface or do they deserve nothing be...

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by fraT
Fri May 08, 2020 2:54 pm
Forum: Civil Aviation
Topic: Ryanair Threatens EU Over State Aid to Airlines
Replies: 342
Views: 29942

Re: Ryanair Threatens EU Over State Aid to Airlines

I'm not defending their actions. As I said before they will push every law and established practice to the limit except for safety. Ryanair isn't receiving exceptional poor treatment. There are many smaller carriers operating on routes in the DACH region which will go out of business due to Lufthan...

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by fraT
Thu May 07, 2020 6:43 pm
Forum: Civil Aviation
Topic: Rumour: IAG and EY interested in creating a hub at VIE
Replies: 118
Views: 21431

Re: Rumor: IAG and Etihad interest in taking over OS

I don't understand any IAG attempt to buy OS. Wouldn't the better strategic option be to buy Condor then rejig their leisure orientated routes/destinations and have an actual presence in the heart of Germany. IAG had a chance with AB but blew it. It seems they want to repeat that mistake. They trie...

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by fraT
Thu May 07, 2020 9:49 am
Forum: Civil Aviation
Topic: Updated: Berlin Tegel (TXL) to Remain open until end of October at least
Replies: 99
Views: 17307

Re: Berlin Tegel (TXL) to Close from June 1

I also believe that this airport even at the beginning of all these delays and the postponed openings was much safer than 80% of the airports worldwide What?! :eyepopping: The airport had 550.000 faults! Mayor Wowereit and colleagues from local, regional and federal government had to announce, in a...

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by fraT
Tue May 05, 2020 11:52 am
Forum: Civil Aviation
Topic: DY Financial Discussion - 2020
Replies: 584
Views: 146746

Re: DY Financial Discussion - 2020

I see that many of the DY/DI flights from Europe to the U.S. are still in the system.
Was there any word if and when they will be removed?

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by fraT
Sat May 02, 2020 2:36 pm
Forum: Civil Aviation
Topic: Ryanair Threatens EU Over State Aid to Airlines
Replies: 342
Views: 29942

Re: Ryanair Threatens EU Over State Aid to Airlines

Try that with Ryanair..... Why do I have to use LH for that? I can use EK, QR, KLM, BA, AF ..... Without state aid there won't be any EK, QR KLM, AF, IB and probably no BA anymore. Frankfurt Airport is the biggest employer in the state of Hessia besides the state/city governments. Do you really thi...

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by fraT
Sat May 02, 2020 2:19 pm
Forum: Civil Aviation
Topic: LH Group fleet groundings, Germanwings closure
Replies: 353
Views: 64305

Re: LH Group fleet groundings, Germanwings closure

Lufthansa posted tweet "Captain Richard Lenz says an emotional goodbye to his “Mike Juliet.” After more than 3,600 flights, the A380 D-AIMJ, christened “Brussels,” is getting ready for its last flight. " https://pbs.twimg.com/media/EW3YaPRXsAIrigZ?format=jpg&name=small https://pbs.twi...

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by fraT
Sat May 02, 2020 10:55 am
Forum: Civil Aviation
Topic: Ryanair Threatens EU Over State Aid to Airlines
Replies: 342
Views: 29942

Re: Ryanair Threatens EU Over State Aid to Airlines

The whole connecting traffic has very little economic effect. Those people do not even enter the country. Do you believe the BS you are writing or do you just want to provoke? Frankfurt Airport is the biggest employer in the state of Hessia besides the state/city governments. Do you really think th...

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by fraT
Sat May 02, 2020 8:39 am
Forum: Civil Aviation
Topic: Ryanair Threatens EU Over State Aid to Airlines
Replies: 342
Views: 29942

Re: Ryanair Threatens EU Over State Aid to Airlines

I guess, future will tell us who is right and who is not. As LJ listed above, a lot of EU governments seem to agree that neither FR not U2 and their owned entities are entitled to government aid, at least in the form the legacies are receiving. We will see whether that will be challenged in court. M...

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by fraT
Thu Apr 30, 2020 4:28 pm
Forum: Civil Aviation
Topic: Lufthansa 10+ Billion EUR package: bailout or megasubsidy?
Replies: 195
Views: 20437

Re: Lufthansa 10+ Billion EUR package: bailout or megasubsidy?

Did all LH Group pilots just announce they want to cut their salary by 45% for two years? The pilot union is heavily scared about the possible insolvency which was brought up in recent days. Because similar to the US Chapter 11, LH would be able to cancel deals with unions and also terminate not ne...

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by fraT
Thu Apr 30, 2020 2:11 pm
Forum: Civil Aviation
Topic: Lufthansa 10+ Billion EUR package: bailout or megasubsidy?
Replies: 195
Views: 20437

Re: Lufthansa 10+ Billion EUR package: bailout or megasubsidy?

LX and WK support is now confirmed. Liquidity aid for Swiss and Edelweiss: The federal government guarantees a maximum loan of CHF 1,275 billion. No link as heard it, not yet seen it online. Actually, the loan maximum loan amount will be CHF 1.5 bn, of which 85% (CHF 1.275 bn) will be guaranteed by...

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by fraT
Thu Apr 30, 2020 7:57 am
Forum: Civil Aviation
Topic: Updated: Berlin Tegel (TXL) to Remain open until end of October at least
Replies: 99
Views: 17307

Re: Berlin Tegel (TXL) to Close from June 1

PM wrote:
LuxuryTravelled wrote:
So what happens between July and October?

Good question. I'm booked to fly VIE-TXL in the first week of July...


Most likely your flight will be adjusted to VIESXF.
But let's see if there will be any legal objections against this decision.

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by fraT
Thu Apr 30, 2020 7:53 am
Forum: Civil Aviation
Topic: Air Canada flying cargo SYD-YYZ direct on a 789
Replies: 43
Views: 11447

Re: Air Canada flying cargo SYD-YYZ direct on a 789

What you saw was probably the regular AC YUL-TLV service which has been flown by the A333 for a while, it's more than 1000 miles shorter than DL's A333 DTW-NGO. Since it was a flight number in the 7000 area, it was not the regular AC flight which is not operating at the moment. Most likely it was a...

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by fraT
Wed Apr 29, 2020 9:42 am
Forum: Civil Aviation
Topic: Lufthansa 10+ Billion EUR package: bailout or megasubsidy?
Replies: 195
Views: 20437

Re: Lufthansa 10+ Billion EUR package: bailout or megasubsidy?

That depends on things ever going back to normal and still is hugely unfair compared to other airlines in the common aviation market that do not require state aid like FR for example. FR would surely be interested in a strong presence in Zürich once the market has freed itself from state sponsored ...

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by fraT
Tue Apr 28, 2020 6:44 pm
Forum: Civil Aviation
Topic: Lufthansa 10+ Billion EUR package: bailout or megasubsidy?
Replies: 195
Views: 20437

Re: Re:

Back on track I really do not like all the individuel airliners in the EU getting a national bailout the EU should decide based on a set of objective criteria which airliners get a bailout. Criteria could be unique routes, crical routes (e.g. business travel more importent then tourism), medical su...

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by fraT
Tue Apr 28, 2020 5:38 pm
Forum: Civil Aviation
Topic: Lufthansa 10+ Billion EUR package: bailout or megasubsidy?
Replies: 195
Views: 20437

Re: Lufthansa 10+ Billion EUR package: bailout or megasubsidy?

They did not reject the aid. C. Spohr don`t like the conditions and therefore he brings up bankrupcy. He set up pressure to the government with this step. Think about layoffs. The Germanwings staff he would like to keep but not in bankrupcy. LH finances aircraft via KfW .....etc So he gives the gov...

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by fraT
Mon Apr 27, 2020 9:42 am
Forum: Civil Aviation
Topic: Ryanair Threatens EU Over State Aid to Airlines
Replies: 342
Views: 29942

Re: Ryanair Threatens EU Over State Aid to Airlines

What are you going on about? Are you implying that Austrian Airlines was a perfectly run and highly profitable airline before Corona? So why not bankrupt them like the EU did with MA and CY? These two airlines could have been reformed or even privatized but the EU preferred to take the easy way out...

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by fraT
Mon Apr 27, 2020 8:10 am
Forum: Civil Aviation
Topic: Ryanair Threatens EU Over State Aid to Airlines
Replies: 342
Views: 29942

Re: Ryanair Threatens EU Over State Aid to Airlines

Agree. Not one Euro from the taxpayer for the airlines. What would that look like in a few months time? Most airlines in Europe would be closed for good. The US3 gone. This is just nonsense. Malev and Cyprus Airways were basket cases at the best of times. They were not viable businesses. This is an...

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by fraT
Mon Apr 27, 2020 7:42 am
Forum: Civil Aviation
Topic: Lufthansa 10+ Billion EUR package: bailout or megasubsidy?
Replies: 195
Views: 20437

Re: Re:

Airlines can and should hence be able to mitigate 85% to 90% of their expenses. Sorry to be that blunt but you have no idea what you are talking about. Such a number would only be possible by actually furloughing a similar number of employees. In Germany the government pays 60% respective 67% (when...

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by fraT
Sun Apr 26, 2020 9:45 pm
Forum: Civil Aviation
Topic: Lufthansa 10+ Billion EUR package: bailout or megasubsidy?
Replies: 195
Views: 20437

Re:

Airlines can and should hence be able to mitigate 85% to 90% of their expenses. Sorry to be that blunt but you have no idea what you are talking about. Such a number would only be possible by actually furloughing a similar number of employees. In Germany the government pays 60% respective 67% (when...

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by fraT
Sun Apr 26, 2020 6:34 am
Forum: Civil Aviation
Topic: Ryanair Threatens EU Over State Aid to Airlines
Replies: 342
Views: 29942

Re: Ryanair Threatens EU Over State Aid to Airlines

So you just proved FR right and why it's discriminatory for OS to receive money from the state but not Lauda. They might be Austrian based on where they are registered, but they are not Austrian if you look at the OWNERSHIP. Has Laudamotion requested Austrian state aid? My opinion is that Laudamoti...

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by fraT
Sun Apr 26, 2020 6:19 am
Forum: Civil Aviation
Topic: Ryanair Threatens EU Over State Aid to Airlines
Replies: 342
Views: 29942

Re: Ryanair Threatens EU Over State Aid to Airlines

Both Wizz Air and Level have bases in Austria, more specifically at Vienna airport. Well the last time I checked LHG is a German company which owns Austrian Airlines making it a German company that operates in Austria. Again, OS is registered in Austria so it is not a German company. Same as Laudam...

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by fraT
Sun Apr 26, 2020 6:10 am
Forum: Civil Aviation
Topic: Ryanair Threatens EU Over State Aid to Airlines
Replies: 342
Views: 29942

Re: Ryanair Threatens EU Over State Aid to Airlines

As mentioned in another thread, OS is not a German airline. It's an airline registered and headquartered in Austria which is owned by LHG. Also Wizz and Level are not based in Austria. They are only operating from/to Austria. Both Wizz Air and Level have bases in Austria, more specifically at Vienn...

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by fraT
Sun Apr 26, 2020 5:44 am
Forum: Civil Aviation
Topic: Ryanair Threatens EU Over State Aid to Airlines
Replies: 342
Views: 29942

Re: Ryanair Threatens EU Over State Aid to Airlines

As mentioned in another thread, OS is not a German airline. It's an airline registered and headquartered in Austria which is owned by LHG.
Also Wizz and Level are not bases in Austria. They are only operating from/to Austria.

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by fraT
Sat Apr 25, 2020 8:12 pm
Forum: Civil Aviation
Topic: Lufthansa 10+ Billion EUR package: bailout or megasubsidy?
Replies: 195
Views: 20437

Re: Lufthansa 10+ Billion EUR package: bailout or megasubsidy?

While Germany is rejecting the issuance of Coronabonds, it looks increasingly likely that Lufthansa will be offered a combination of capital infusion, loans and staff unemployment benefits for a package totalling over 10 billion Euro's. What do the so-called Coronabonds have to to with the financia...

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by fraT
Fri Apr 24, 2020 6:54 pm
Forum: Civil Aviation
Topic: Alitalia News and Discussion Thread
Replies: 1416
Views: 335504

Re: Alitalia News and Discussion Thread

SkyTeam does not offer anything to Alitalia. They need an alliance that covers the biggest business centers of the world like London, NY, Sydney, Tokyo, Hong Kong, LA. And that's One World. Star Alliance wouldn't be bad either but no presence at JFK is not a good thing for a European airline. Star ...

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by fraT
Fri Apr 24, 2020 5:55 am
Forum: Civil Aviation
Topic: Alitalia News and Discussion Thread
Replies: 1416
Views: 335504

Re: Alitalia News and Discussion Thread

https://www.google.com/amp/s/simpleflying.com/alitalia-skyteam-membership/amp/ According to the above article, AZ could be looking to pursue a partnership with LH. Sounds like another perfect suicide mission. Already one of the largest players into Italy, they will simply reduce AZ into a donestic ...

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by fraT
Tue Apr 21, 2020 5:49 am
Forum: Civil Aviation
Topic: LH Group fleet groundings, Germanwings closure
Replies: 353
Views: 64305

Re: LH Group fleet groundings, Germanwings closure

It's no secret that Austrian's longhaul fleet is aging and needs renewal if Austrian decides to go ahead with longhaul flying from Vienna. One main condition is that this is profitable. Over the past years, Austrian has mostly earned a small profit at least, abeit insufficient to afford a new longh...

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by fraT
Mon Apr 20, 2020 1:38 pm
Forum: Civil Aviation
Topic: LH Group fleet groundings, Germanwings closure
Replies: 353
Views: 64305

Re: LH Group fleet groundings, Germanwings closure

Lewton wrote:
If Austria does not want VIE to be dehubbed they should let OS collapse and support an Austrian airline.


OS is an Austrian airline. It does belong to Lufthansa Group but it is an Austrian registered airline.

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by fraT
Sat Apr 11, 2020 8:06 pm
Forum: Civil Aviation
Topic: Canada Jetlines moves to Miami
Replies: 31
Views: 8302

Re: Canada Jetlines moves to Miami

Could explain to me the meaning of 36th street airline/veterans?

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by fraT
Sat Apr 11, 2020 5:39 pm
Forum: Civil Aviation
Topic: LH Group fleet groundings, Germanwings closure
Replies: 353
Views: 64305

Re: LH Group fleet groundings, Germanwings closure

I don't think it really is a question of distance: MUC is closer to ZRH than to VIE and they don't seem to be really bothering each other. Probably, as previously said, it is a question of developing (and keeping) a specific market. OS in VIE was really good at connecting South Eastern Europe with ...

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by fraT
Sat Apr 11, 2020 3:00 pm
Forum: Civil Aviation
Topic: LH Group fleet groundings, Germanwings closure
Replies: 353
Views: 64305

Re: LH Group fleet groundings, Germanwings closure

So the Austrian government wants more shares in return for helping out OS? Do they have any shares right now? Are they looking at getting back OS from LH? Exactly, the Austrian government would prefer to buy shares to support OS rather than give them a regular loan, at least for the amount of money...

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