Search found 1172 matches

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by VS11
Tue Sep 25, 2018 12:33 pm
Forum: Civil Aviation
Topic: WOW Air financial trouble?
Replies: 66
Views: 15387

Re: WOW Air financial trouble?

The first point, Icelandair has not lost money, they make less profit than expected. That is a huge difference. WOW did loose money over now a quite long period. To be honest, you could be right. I made my statement based on an article headline - "Iceandair CEO resigns as crisis deepens" ...

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by VS11
Tue Sep 25, 2018 1:09 am
Forum: Civil Aviation
Topic: WOW Air financial trouble?
Replies: 66
Views: 15387

Re: WOW Air financial trouble?

I’m looking at it from an airplane ownership perspective. Air Berlin and WOW Air are very similar from that standpoint. They have a very new fleet of leased airplanes. They also have high borrowing costs. Icelandair is the opposite from the fleet perspective since they purchase used planes. WOW’s f...

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by VS11
Mon Sep 24, 2018 3:53 am
Forum: Civil Aviation
Topic: WOW Air financial trouble?
Replies: 66
Views: 15387

Re: WOW Air financial trouble?

This Bloomberg article compares interest rates on European airlines bond issues. WOW’s while highest is less than 3% higher than Air France’s. So the sky is not falling yet. They are shooting to raise $200-$300 million for less than 50% of the company at the IPO. https://www.bloomberg.com/news/arti...

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by VS11
Mon Sep 24, 2018 12:22 am
Forum: Civil Aviation
Topic: WOW Air financial trouble?
Replies: 66
Views: 15387

Re: WOW Air financial trouble?

This Bloomberg article compares interest rates on European airlines bond issues. WOW’s while highest is less than 3% higher than Air France’s. So the sky is not falling yet. They are shooting to raise $200-$300 million for less than 50% of the company at the IPO. https://www.bloomberg.com/news/artic...

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by VS11
Thu Sep 20, 2018 11:04 pm
Forum: Civil Aviation
Topic: AA May End Ticket Changes If Congress Limits Fees - Bloomberg
Replies: 212
Views: 14051

Re: AA May End Ticket Changes If Congress Limits Fees - Bloomberg

But timing is what kills your argument. What difference does it make to an airline if I move from the 11:30 flight to the 14:30 flight, three months out from departure? It can be hard for me to know at booking six months out from travelling exactly what I will be doing on that day, but airlines exp...

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by VS11
Thu Sep 20, 2018 12:48 am
Forum: Civil Aviation
Topic: WOW Air financial trouble?
Replies: 66
Views: 15387

Re: WOW Air financial trouble?

normie999 wrote:
https://icelandmonitor.mbl.is/news/news/2018/09/18/wow_completes_bond_offer/

WOW air have completed their bond offer worth €60m - €10m still to be sold.


This will not be convenient for the narrative how WOW is not a sustainable business...

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by VS11
Wed Sep 19, 2018 11:16 am
Forum: Civil Aviation
Topic: AA May End Ticket Changes If Congress Limits Fees - Bloomberg
Replies: 212
Views: 14051

Re: AA May End Ticket Changes If Congress Limits Fees - Bloomberg

Yossarian22 wrote:

A-symmetrical power.


It is also a very asymmetrical investment. Flying is expensive and not a right. Affordable flying comes with strings attached.

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by VS11
Wed Sep 19, 2018 3:00 am
Forum: Civil Aviation
Topic: AA May End Ticket Changes If Congress Limits Fees - Bloomberg
Replies: 212
Views: 14051

Re: AA May End Ticket Changes If Congress Limits Fees - Bloomberg

Why is this a one way street? It is not a one way street. Customers do have protections when travel is disrupted or canceled, and most airlines do try to accommodate pax in such cases. Flight times though are not guaranteed and form no part of the contract between you and the airline. Here is AA Co...

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by VS11
Wed Sep 19, 2018 1:56 am
Forum: Civil Aviation
Topic: AA May End Ticket Changes If Congress Limits Fees - Bloomberg
Replies: 212
Views: 14051

Re: AA May End Ticket Changes If Congress Limits Fees - Bloomberg

American Airlines Considers Ending Ticket Changes If Congress Limits Fees https://www.bloomberg.com/news/articles/2018-09-18/american-air-mulls-end-to-ticket-changes-if-congress-limits-fees "Doing away with changes to nonrefundable fares would make airline flights more like baseball games or c...

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by VS11
Wed Sep 19, 2018 1:40 am
Forum: Civil Aviation
Topic: AA May End Ticket Changes If Congress Limits Fees - Bloomberg
Replies: 212
Views: 14051

Re: AA May End Ticket Changes If Congress Limits Fees - Bloomberg

Then congress will just pass an amendment to the legislation to force Airlines to allow changes. This is a product of Airlines own greed. When they fee the public to death, government tends to listen to their constituents. I am all for reasonable fees, but Airlines (some of them) IMO have gone too ...

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by VS11
Wed Sep 19, 2018 1:14 am
Forum: Civil Aviation
Topic: AA May End Ticket Changes If Congress Limits Fees - Bloomberg
Replies: 212
Views: 14051

AA May End Ticket Changes If Congress Limits Fees - Bloomberg

American Airlines Considers Ending Ticket Changes If Congress Limits Fees https://www.bloomberg.com/news/articles/2018-09-18/american-air-mulls-end-to-ticket-changes-if-congress-limits-fees "Doing away with changes to nonrefundable fares would make airline flights more like baseball games or co...

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by VS11
Fri Sep 14, 2018 3:31 am
Forum: Civil Aviation
Topic: WOW Air financial trouble?
Replies: 66
Views: 15387

Re: WOW Air financial trouble?

I really would not worry too much about WOW. All of their planes are leased. Worse comes to worst they will return some aircraft to lessors, cut some routes. Vital to be ahead of your financiers, because once you start breaching financial covenants, control has passed. Prematurely terminating a lea...

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by VS11
Fri Sep 14, 2018 3:09 am
Forum: Civil Aviation
Topic: WOW Air financial trouble?
Replies: 66
Views: 15387

Re: WOW Air financial trouble?

couldn't agree more with the RAH! RAH! for eliminating competition, makes me sick. One interesting thing to me is an Easyjet takeover possibility. U2 has stated they want to get into Trans-Atlantic, and they are quite a success story already IMO. Perhaps Easyjet purchasing and then operating KEF as...

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by VS11
Fri Sep 14, 2018 12:46 am
Forum: Civil Aviation
Topic: WOW Air financial trouble?
Replies: 66
Views: 15387

Re: WOW Air financial trouble?

Just because 3 Icelandic banks have declined does not mean the company has financial problems. It could be that the banks already have exposure to the company or to the Icelandic aviation sector in general. Their equity is 4.5%, WOW seems to be in real trouble. And no, WW currently has no relations...

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by VS11
Thu Sep 13, 2018 10:53 pm
Forum: Civil Aviation
Topic: WOW Air financial trouble?
Replies: 66
Views: 15387

Re: WOW Air financial trouble?

Just because 3 Icelandic banks have declined does not mean the company has financial problems. It could be that the banks already have exposure to the company or to the Icelandic aviation sector in general.

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by VS11
Fri Sep 07, 2018 2:35 am
Forum: Civil Aviation
Topic: The Muddle of the Market aircraft (No, this isn’t a typo)
Replies: 327
Views: 29378

Re: The Muddle of the Market aircraft (No, this isn’t a typo)

Sorry to be the "Debbie Downer" here again (and if this point has been made before), but it seems to me second-hand 777, 787 and 330 will be serious competition for the 797. If the value proposition of this plane is to provide cheap capacity, I don't see how second-hand 777, 787, 330 woul...

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by VS11
Fri Sep 07, 2018 2:02 am
Forum: Civil Aviation
Topic: The Muddle of the Market aircraft (No, this isn’t a typo)
Replies: 327
Views: 29378

Re: The Muddle of the Market aircraft (No, this isn’t a typo)

Sorry to be the "Debbie Downer" here again (and if this point has been made before), but it seems to me second-hand 777, 787 and 330 will be serious competition for the 797. If the value proposition of this plane is to provide cheap capacity, I don't see how second-hand 777, 787, 330 woul...

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by VS11
Fri Sep 07, 2018 1:36 am
Forum: Civil Aviation
Topic: The Muddle of the Market aircraft (No, this isn’t a typo)
Replies: 327
Views: 29378

Re: The Muddle of the Market aircraft (No, this isn’t a typo)

Sorry to be the "Debbie Downer" here again (and if this point has been made before), but it seems to me second-hand 777, 787 and 330 will be serious competition for the 797. If the value proposition of this plane is to provide cheap capacity, I don't see how second-hand 777, 787, 330 would...

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by VS11
Fri Sep 07, 2018 1:12 am
Forum: Civil Aviation
Topic: Norwegian reports strong passenger growth and high load factors in August
Replies: 68
Views: 6200

Re: Norwegian reports strong passenger growth and high load factors in August

IAG would not have made the offer to buy Norwegian if Norwegian were to go bankrupt, and neither would Norwegian have declined it. Regarding the hatred, the venom for Virgin America is still unrivaled by that for Norwegian. I am a big supporter of Norwegian but the question for their sustainability ...

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by VS11
Thu Sep 06, 2018 11:59 pm
Forum: Civil Aviation
Topic: “Someday jetBlue will be in Europe”
Replies: 154
Views: 13852

Re: “Someday jetBlue will be in Europe”

[q A321LR accomplished a flight of 4750nm so from Boston you can go well deep into Europe - you can reach the Black Sea (Varna). Cities like Prague, Budapest, Vienna, Belgrade, Sofia are all within reach. I think it will be a revolution. B6 across the pond could also be a complete and total failure...

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by VS11
Thu Sep 06, 2018 11:47 pm
Forum: Civil Aviation
Topic: “Someday jetBlue will be in Europe”
Replies: 154
Views: 13852

Re: “Someday jetBlue will be in Europe”

Routes like DUB are do able from BOS. Is UK/Mainland Europe reachable with the A321LR from BOS? If not, they probably have to buy A330s or A330neos. And that's not something I really see happening anytime soon. A321LR accomplished a flight of 4750nm so from Boston you can go well deep into Europe -...

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by VS11
Thu Sep 06, 2018 11:41 pm
Forum: Civil Aviation
Topic: “Someday jetBlue will be in Europe”
Replies: 154
Views: 13852

Re: “Someday jetBlue will be in Europe”

So the assumption there is that B6 is going to magically snap up reasonable LHR slots? Would love to hear how you think that's going to work. What was it that SAS sold their LHR slots for last year? Ah yes... $75 million for two pairs , so if B6 wanted even four slot pairs for 2X JFKLHR and 2X BOSL...

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by VS11
Tue Sep 04, 2018 11:44 pm
Forum: Civil Aviation
Topic: The Muddle of the Market aircraft (No, this isn’t a typo)
Replies: 327
Views: 29378

Re: The Muddle of the Market aircraft (No, this isn’t a typo)

However I think the key point for this thread is that the market extends beyond wherever the A321 runs out of payload * range. The NMA proposal is bigger than A321 and has state of the art wings and engines optimized for the mission. LH's statement along with DL, UA, QF, etc show that there is room...

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by VS11
Mon Sep 03, 2018 2:41 am
Forum: Civil Aviation
Topic: The Muddle of the Market aircraft (No, this isn’t a typo)
Replies: 327
Views: 29378

Re: The Muddle of the Market aircraft (No, this isn’t a typo)

The major strike against such an aircraft is that the marketplace has already spoken, the consumer is happy flying existing narrowbody planes over longer distances. Be careful not to put forth your personal opinion as fact. There are many, many consumers of air travel, especially business travelers...

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by VS11
Sun Sep 02, 2018 1:58 pm
Forum: Civil Aviation
Topic: The Muddle of the Market aircraft (No, this isn’t a typo)
Replies: 327
Views: 29378

Re: The Muddle of the Market aircraft (No, this isn’t a typo)

Based on this pyramid if there is a market for a 1000 aircraft 240seat 4000nm range aircraft and a market for a 500 320 seat 6000nm range aircraft then there is definitely a market for aircraft half way between with 270 seat 5000nm. Because there is not currently an aircraft in that size is a diffe...

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by VS11
Sun Sep 02, 2018 4:12 am
Forum: Civil Aviation
Topic: The Muddle of the Market aircraft (No, this isn’t a typo)
Replies: 327
Views: 29378

Re: The Muddle of the Market aircraft (No, this isn’t a typo)

Hmmm... If you have been following the 797 story: Boeing is estimating 4000 aircraft in this market for the program life, The Engine Makers apparently think its closer to 2000. Either way, that's a much larger market than you are seeing. In general, I've been following Airbus's and Boeing's 20 year...

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by VS11
Sat Sep 01, 2018 11:45 pm
Forum: Civil Aviation
Topic: The Muddle of the Market aircraft (No, this isn’t a typo)
Replies: 327
Views: 29378

Re: The Muddle of the Market aircraft (No, this isn’t a typo)

Ok. Sure. DL too, so 3 airlines. So that's what 200 planes at most? I still don't see the potential of this market for an entirely new plane. Maybe if they could make a shorter/lighter and cheaper 787 and let existing 787 orders be converted for it, it could work. Hmmm... If you have been following...

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by VS11
Sat Sep 01, 2018 9:32 pm
Forum: Civil Aviation
Topic: The Muddle of the Market aircraft (No, this isn’t a typo)
Replies: 327
Views: 29378

Re: The Muddle of the Market aircraft (No, this isn’t a typo)

United and Qantas are the only two airlines on record to need a smaller widebody. Not quite. DL also has significant needs in this area, primarily to replace their large 763ER fleet, but also for some domestic upgauging and short haul international growth. Their interest in NMA is real and have pub...

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by VS11
Sat Sep 01, 2018 3:11 am
Forum: Civil Aviation
Topic: The Muddle of the Market aircraft (No, this isn’t a typo)
Replies: 327
Views: 29378

Re: The Muddle of the Market aircraft (No, this isn’t a typo)

The big question for me still is: What would customers buy if there is no 797? When exactly? Because with the orders in recent years, most airlines will not be needing new planes for the next 10-15 years. As we learnt today, AA will be flying 767s for the next 3 years and then use 787 so they are o...

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by VS11
Thu Aug 30, 2018 11:38 pm
Forum: Civil Aviation
Topic: Why Can't American Airlines Make Germany Work?
Replies: 84
Views: 15476

Re: Why Can't American Airlines Make Germany Work?

Well me living in Berlin , flying monthly to the US (mostly Economy Class) was really sad loosing the nonstops with Air Berlin. I am not that fond of Lufthansa and always having to connect through MUC or FRA. I was. happy to see that AA is finally starting Berlin but then found out they will operat...

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by VS11
Tue Aug 28, 2018 3:10 am
Forum: Civil Aviation
Topic: What is the aviation impact of a no-deal Brexit?
Replies: 189
Views: 11879

Re: What is the aviation impact of a no-deal Brexit?

A major consequence of a no-deal Brexit would be the break-up of the TATL market into US-UK and US-EU. The UK-US market would see major changes driven by joint-ventures losing their anti-trust immunity. I don't see AA/BA keeping their JV. VS can potentially become US majority owned by DL. However, i...

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by VS11
Sat Aug 25, 2018 9:18 pm
Forum: Civil Aviation
Topic: Norwegian sets date to begin domestic operations in Argentina
Replies: 25
Views: 2349

Re: Norwegian sets date to begin domestic operations in Argentina

Why not if they offer a better, more competitive and cheaper product which will benefit the consumer? As I consumer, I agree. As an airline nerd, for purely selfish reasons I guess I just dread a possible future world where a small handful of airlines that all look the same, all flight attendants d...

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by VS11
Sat Aug 25, 2018 8:33 pm
Forum: Civil Aviation
Topic: What is the aviation impact of a no-deal Brexit?
Replies: 189
Views: 11879

Re: What is the aviation impact of a no-deal Brexit?

If we're to take some of the more extreme scenarios being painted here seriously then this obviously means that all RR engines will be immediately unsupported since apparently their certification will immediately cease at the end of March 2019 and any spare parts made in the UK will also be non cer...

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by VS11
Sat Aug 25, 2018 8:10 pm
Forum: Civil Aviation
Topic: What is the aviation impact of a no-deal Brexit?
Replies: 189
Views: 11879

Re: What is the aviation impact of a no-deal Brexit?

Fine by me to have the Canada option. Freedom to do trade deals, while scrapping the free movement of people. Amazing how the EU is a big organisation for “freedom” yet there’s no freedom to do your own trade deals or control your borders. Irony. That's hardly the irony. The irony is that Britain d...

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by VS11
Sat Aug 25, 2018 5:47 pm
Forum: Civil Aviation
Topic: What is the aviation impact of a no-deal Brexit?
Replies: 189
Views: 11879

Re: What is the aviation impact of a no-deal Brexit?

Would there be able to be air service between the UK and the EU27? Eventually. If the agreement that constitutes the current single European aviation market does not specify what happens if one of the countries leaves it then there will be a legal vacuum for the operation of flights between the UK ...

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by VS11
Fri Aug 17, 2018 11:33 pm
Forum: Civil Aviation
Topic: New airport for NYC and Philadelphia
Replies: 112
Views: 11642

Re: New airport for NYC and Philadelphia

As for JFK-LGA-NYC rail, they are talking about it for all 20th century and will be talking through all of the 21st. The reality in this country is - if something is not built by 1970, it will not be built, period. We’ll have to live and make it do with what’s already here. Period. This is interest...

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by VS11
Fri Aug 10, 2018 2:19 am
Forum: Travel, Polls & Preferences
Topic: Innovations in boarding???
Replies: 71
Views: 5392

Re: Innovations in boarding???

They should board window seats first, middle and then aisle seats. People sitting in aisle seats having to get up and let window and middle seat pax take their seats disrupts the process quite a bit. That wouldn't work as you'd have to split up groups sitting together into different boarding groups...

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by VS11
Fri Aug 10, 2018 2:10 am
Forum: Civil Aviation
Topic: foreign airlines that fly & sell U.S. domestic sectors
Replies: 54
Views: 6279

Re: foreign airlines that fly & sell U.S. domestic sectors

Cathay flies and sells JFK-YVR-JFK on 773! I know the flight is not entirely in the US but it is worth a mention :-)

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by VS11
Tue Oct 17, 2017 9:02 pm
Forum: Civil Aviation
Topic: Boston aviation - 2017
Replies: 1559
Views: 173094

Re: Boston Aviation - Part 13

Great news for the Brazil flights!!! Would they use their B767 or 787s?

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by VS11
Tue Oct 17, 2017 7:54 pm
Forum: Civil Aviation
Topic: Airbus and Bombardier Announce CSeries Partnership
Replies: 1568
Views: 181078

Re: Breaking: Airbus and Bombardier Announce C Series Partnership

I don't think Boeing executives did anything wrong here. They were looking after Boeing's interests, which is their job. They were acting in good faith and there is nothing yet to suggest they don't have a case against BBD. I am sorry, but there is not one single word in your whole sentence that is...

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by VS11
Tue Oct 17, 2017 7:19 pm
Forum: Civil Aviation
Topic: Airbus and Bombardier Announce CSeries Partnership
Replies: 1568
Views: 181078

Re: Breaking: Airbus and Bombardier Announce C Series Partnership

I think we'll be able to tell if this has blown up in Boeings face if a number of executives suddenly retire or get reassigned. Were I a Boeing shareholder, I'd want heads to roll. The Canadian and British governments have said that Boeing is still not off the hook for their defence contracts. And ...

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by VS11
Mon Oct 16, 2017 5:23 pm
Forum: Civil Aviation
Topic: Boeing 797 Discussion Thread - 2018
Replies: 3099
Views: 366359

Re: Boeing officially forms program office to flesh out 797 plans

Interesting. This is the most definitive statement I've heard from an actual customer that specifically cites the need and the (presumed) solution, in the form we've all speculated about. The fact that Joyce doesn't mention the A321LR at all is another thing... I wonder why? Because Qantas is not l...

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by VS11
Mon Oct 16, 2017 7:22 am
Forum: Civil Aviation
Topic: Boeing 797 Discussion Thread - 2018
Replies: 3099
Views: 366359

Re: Boeing officially forms program office to flesh out 797 plans

Alan Joyce says its a widebody and economics look good https://www.ausbt.com.au/qantas-eyes-boeing-737-max-boeing-797-for-domestic-fleet Interesting. This is the most definitive statement I've heard from an actual customer that specifically cites the need and the (presumed) solution, in the form we...

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by VS11
Sat Oct 14, 2017 6:50 am
Forum: Civil Aviation
Topic: UA/B6 Merger Rumors Floating Again
Replies: 101
Views: 16593

Re: UA/B6 Merger Rumors Floating Again

Call me crazy but United buying JetBlue does not seem far fetched to me. JetBlue could very well become analogous to what Vueling/Level are to IAG. If the presumed JetBlue TATL is happening with A321LR then it would fill in a competitive gap in United's portfolio. Also, JetBlue will help with the ta...

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by VS11
Thu Oct 12, 2017 1:59 pm
Forum: Civil Aviation
Topic: LH buys majority of Air Berlin
Replies: 271
Views: 41357

Re: LH buys majority of Air Berlin

Is air Berlin going to be part of oneworld or star?

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by VS11
Thu Oct 12, 2017 9:03 am
Forum: Civil Aviation
Topic: Could BMI have survived?
Replies: 53
Views: 7928

Re: Could BMI have survived?

The fate of bmi was sealed in 1999 when LH bought a stake in bmi. As part of that transaction, Michael Bishop had an option to force LH to buy the rest of bmi for £400m. After playing with the airline unsuccessfully for 10 years, he exercised his option and cashed out leaving LH with a high bill for...

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by VS11
Thu Oct 12, 2017 8:21 am
Forum: Civil Aviation
Topic: Boeing provided Monarch with $130 million bailout
Replies: 66
Views: 11630

Re: Boeing provided Monarch with $130 million bailout

For the conspiracy theorists, try this for an alternative narrative. Monarch announce an order for 30 Max at the 2014 Farnborough Air Show. This would have been a useful order for a newish aeroplane, from an airline with a long and relatively successful history and, probably most importantly, an Ai...

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by VS11
Sun Oct 08, 2017 5:45 pm
Forum: Civil Aviation
Topic: Best New England airports to fly into
Replies: 20
Views: 2050

Re: Best New England airports to fly into

Congrats on your PPL! It is an achievement. You can also try Chatham, MA on the Cape - KCQX and Provincetown, MA while in the area. Flying over the Cape is pretty amazing and offers some crosswind landings opportunities. :D :airplane:

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by VS11
Fri Oct 06, 2017 7:40 pm
Forum: Civil Aviation
Topic: Near disaster on A380 landing
Replies: 8
Views: 1804

Re: Near disaster on A380 landing

A visual aid on the importance of aiming for the runway centerline.

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by VS11
Thu Oct 05, 2017 7:19 am
Forum: Civil Aviation
Topic: UA's Kirby Explains why UA order 737-10MAX
Replies: 74
Views: 16426

Re: UA's Kirby Explains why UA order 737-10MAX

We shouldn't overestimate the impact of such a clause. While it is a nifty strategy on AA's part, aircraft manufacturers have a pretty deep and comprehensive market intelligence and know very well what airlines are close to buying new planes (even on a.net there are replacement cycle discussions all...

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