Are Israel and Saudi Arabia not technically at war ?Jump to post
Seems like Ryanair is the largest airline in Italy. Air Italy? Never heard of it, tell us more!Jump to post
She could have called President Trump and asked to borrow one of the C-17s or KC-135s that are in Germany, LOL. The KC-135 could easily make the trip unrefueled, the C-17 would need to air refuel or land for fuel enroute. If it ain't Boeing, it ain't going... well, we did have a case of a Boeing ai...Jump to post
Seems to me that using U.S. bankruptcy laws to dump billions in pension obligations, contracts that are no longer favored etc is a form of subsidy. Perhaps not directly given by govt but certainly allowed by it via the laws of the U.S. So I always chuckle when I hear our carriers moaning about ME3 ...Jump to post
leghorn wrote:A bordello. That's how the space will be used especially if there are berths.
The question is spurious, because continents as defined today are a pure matter of convention, Consider this : 1. for starters, America is one continent with some 35 nation-states, there is no North America or South America as continents save for some denizens of the USA who have a romantic idea of...Jump to post
Oceania is a continent? I don't want to get caught in the "I'm better at geography than you" game Too late. :razz: :lol: A little googling puts Australia, New Zealand and Papua-New Guinea as Oceania, plus assorted South Pacific Islands if you want to be "inclusive". Hawaii is No...Jump to post
Final price 238€ for 2 pax with 25kg checkedin lugagge each and 2 seats chosen, I bought yesterday. ... Cheers! Makes 119€ each, on the last flight of the day presumably, including checked baggage and seat reservation. What exactly are you complaining about? I don't think flying in Europe was ever ...Jump to post
LH is reported to have offered 200 Mio € plus 100 Mio € to cover for losses until the deal is closed. Considering the fact that AB is worth nothing this is a good offer. Nonsense. Something is worth what another will pay for it, so AB is worth EUR 200M. Well, the assets of AB are worth 200m+. The c...Jump to post
What is Parchim, anyway ?
Any experience with running an airline? Writing some numbers into a letter is easy.
Time is extremely important here. There will not be a second bridge loan, and the government will see to have its money back. And then, holiday season is over, and meagre quarters lie ahead.
The current airberlin CEO Thomas Winkelmann did come from a leading position within the LH Group. He had been with LH for 19 years, being the CEo of Germanwings and later the CEO of the Munich Hub while also representing LH in the board of directors at jetblue. And this guy left LH for airberlin in...Jump to post
Well it is common knowledge that LH was working on plan for the insolvency of AB for over a year. Yes, they were prepared and that is why the proceeding seem dubious. A LH manager becomes CEO at AB only to do his master bidding. I call it criminal and I hope somebody will go to court over it. Wöhrl...Jump to post
The 70m write off in Niki is then just a balance sheet issue which can be fixed in the moment LH is really buying Niki. My guess is , TuiFly need to find a new home for their expensive lease planes or need to reduce the price to a standard price. In other words no sponsorship for TuiFly any longer ...Jump to post
https://www.bloomberg.com/news/articles/2017-09-22/lufthansa-easyjet-get-inside-track-on-buying-air-berlin-assets Lufthansa wants for Eurowings the jets wet-leased from AirBerlin for Eurowings, and also wants Niki. (Possibly with the TUIFly leases included???) Seems so, but i don't think they want ...Jump to post
Does KfW translate to "Bank of Politically Driven Market Distortion"? Your description of it pretty much reads as a political slush fund. The fact that it's profitable might make one feel better that it is at least good at picking the winners and losers, so perhaps it should be named &quo...Jump to post
So unlike US Chpt.11 where the courts adjudicate the financial dealings between the company and the investor, the government steps in with money to make themselves a creditor so that the company can continue operations while a decision is made, is this a bailout by default? Not really, but Merkel i...Jump to post
Varsity1 wrote:Delta U.A.E is that possible?
Could Delta get funding from the UAE (cheap debt) to open a subsidiary at DXB, dumping unprofitable seats on the market? Is this possible?
I can't think of any large market outside of Europe that allows foreign carriers to have majority stake foreign ownership or foreign airlines in their domestic markets. Southeast Asia might be an example. Same with South America. Europe (i.e. the EU) does not allow that. "Foreign" in that...Jump to post
What is the ratio of international vs. domestic traffic ( movements and pax ) at major airports around the world I would think JFK or LAX or MIA leads for U.S. How about DEN / ATL / ORD / DFW / SFO ? LHR / FRA / AMS / CDG etc. a fairly irrelevant statistic, since it depends exclusively on the size ...Jump to post
If a MoM NB had additional cabin, wing, routes up to 5000NM would be possible. E.g the biggest 5 cities in Japan directly daily from Seattle. Or the other way around from Narita. Technically possible, yes. Those routes are done for some time now. But not with a plane that is middle of the market. I...Jump to post
763/333 size is way too big. There is absolutely no point in making an MOM that large with so many aircraft both old and new in that size range. A proper A322 will destroy it. Exactly. There might be a market for such a plane, but it would not be the MoM (Middle of the market). I see a long narrow ...Jump to post
Varsity1 wrote:How does Bahrain have control over Qatar's airspace?
Hopefully Icelandair's 757s will fly to the rescue! I am looking at FlightRadar to see if there is an increase at cargo flights to Qatar but just found regular airliner traffic. I guess we will see that increase in the next few days? there are Iranian terror groups I.E Hezbollah and Hamas i am not ...Jump to post
About time those countries did something about the others supporting the muslim brotherhood. Hopefully President Trump adds Qatar to the travel ban. Yes the US will ban an ally which hosts 10000+ US troops. What's next? Travel ban to the U.K. or Japan? these groups simply could take over the countr...Jump to post
Well if we're going anecdotal, I have been been treated in an unfriendly manner by customs and immigration at LHR, CDG and FRA. Does it mean I am not going to go to the UK, France and Germany? Not at all, because I am an adult. Hate to say it, but the only times i have been treated somewhat unfrien...Jump to post
This is just another BS law made to justify their presence in the court system, they've got to do something these days... Same reason the speed limit in Tirol on the Autobahn has been lowered and remains lowered at 100 km/hr. They also blame emissions concerns. Exactly! Austrian courts are infested...Jump to post
I find this very petty of the hotel. Probably some raciest manger there who saw AI crew taking a bit advantage in their mind and got upset about it. Come on really I bet they throw more food away every day than the AI crews took but I guess that's better. This is not petty in any way, but standard ...Jump to post
My impression is that German Airlines have an unusually high percentage of "Stinky Union Members". Strong sense of entitlement and the will to force things. ( compare to bigthree US airlines.) Any path to create pressure goes. But although the TO only cites incidents on Lufthansa planes, ...Jump to post
I could see Turkish and Pegasus starting IST-LCA and SAW-LCA for connecting passengers to Western Europe. Connecting from - to ? IST isn't that far away. Cyprus is a fairly cheap tourist destination. I can't see any benefit at all in all this. It will cost us in the EU lots of money, and factual pe...Jump to post
QuarkFly wrote:There is no EK bubble, .....
A very good modern approach ! No extra weight, and always enough copiesJump to post
EY with its money burning investments is in a way worse shape imho and you just confirmed what critics always said about, QR that they are a government airline with unlimited pockets. But I still stand by my point, if the business model of EK faces problems, EY and QR will face the same problems be...Jump to post
Airlines produce ton Kilometers and passenger kilomaters, resp. miles. The economic impact, the net product (Wertschöpfung) can be measured, It is a Service industry. The total GNP from aviation inustry in Germany alone is around 50 Billion € annually. The Service aspect, meaning the gains for othe...Jump to post
...many banks had record profits in 2006-2007 before the financial crash in 2008. You have to look at creative profits. i.e. value add created from producing something. Banks only make distributive profits. ( i.e. they take money for/from services and/or leveraging. ) so do airlines! They don't pro...Jump to post
And btw., you can return a leased plane only when the lease expires. Have you read the terms of all aircraft leases? It isn't difficult to find instances of early returns to lessors. One might expect a penalty, just as there might be a penalty for early payoff of a loan. I would imagine that a leas...Jump to post
...Again I ask, what does this mean for EK's competitors who aren't numbers run:. Saudis, Air India, AirAsia, LionAir, Jet Airways, and Qatar. Notice I do not include 6E, EY, or SQ. Those airlines I consider numbers run. TK.. I am still working on my opinion. When EK gets a cough, the other non-num...Jump to post
It may be that the writing is on the wall for EK's business model with the LHR-PER nonstop flight. More similar routes will follow. And then: Why connect, when you can fly nonstop? Unless you're flying from Perth or London, you're still connecting. Don't worry, other city pairs will follow. And you...Jump to post
There is a world of difference between a spectacular fall in profits and bankruptcy. What you would need are spectacular losses materialising on a sustained basis. EK is nowhere near being a bubble operation to begin with, they just have to tweak their performance to recoup the fall in profits...cu...Jump to post
intotheair wrote:Anyone want to start an a.net pool for when this airport might actually open?
why would anyone really want to take over AZ? If Italy reverts to the Lira, which is increasingly likely, Alitalia becomes a lower cost airline and its current debt a fraction of today's value. You think Italy would be allowed to leave the Euro? Hahahahaha... Also, their debts are in Euro denominat...Jump to post
How could EY manage AB with a 29%-stake ? If the EY experience with 9W is any indicator, then yes EY has a way of pulling way more influence than its stake. EY took a 24% stake in 9W in 2013 and almost overnight we saw 9W divert half its 738 fleet to running shuttles from every corner of India to A...Jump to post
why would anyone really want to take over AZ? If Italy reverts to the Lira, which is increasingly likely, Alitalia becomes a lower cost airline and its current debt a fraction of today's value. AZ's Euro-denominated debt to Italian institutions probably yes. But certainly not foreign debt or foreig...Jump to post
LH's management could ask its shareholders to approve a raise of capital and then use these new shares as payment for an acquisition. But i still have doubts about a share deal, let alone a merger (a totally different animal which per se does not require any buying or selling of shares). An asset de...Jump to post
I find it interesting that DEL is the airport with the largest A320 movements in the world, Airbus must be pleased! Why must Airbus be pleased ? Some airport will be the one with the most operations in any case. Why should Airbus care which? Because India will be the second largest aviation market ...Jump to post
I do not expect a merger. The debt AB has accumulated is too high and the value of their assets way too low, even if LH would want to take it to offset profits against it, it would still be a heavy burden. Imho AB will go into bankruptcy with LH picking up the pieces. AB's financial debt is for a l...Jump to post
How can mismanagement by EY be ruled out when they were effectively managing the airline? A judge will not care about the stake percentage when we get close to 50%. He will look at who made the bad initiatives, who took the bad decisions, who was making the decisions, etc... 1. AB was a basket case...Jump to post