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by sabenapilot
Thu May 28, 2020 2:42 pm
Forum: Civil Aviation
Topic: Updated: Majority of LH Shareholders are Voting for Rescue Package
Replies: 502
Views: 62104

Re: Lufthansa: 10B EUR bailout - Update

It's not that strange as the rate against AF borrows is market conform (at least if what I've heard is correct). The EU cannot attach additional requirements as it seems legally within the framework the EU uses (we'll see the exact reasoning when the EU releases its verdict in a few days time). Mor...

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by sabenapilot
Thu May 28, 2020 1:59 pm
Forum: Civil Aviation
Topic: Updated: Majority of LH Shareholders are Voting for Rescue Package
Replies: 502
Views: 62104

Re: Lufthansa: 10B EUR bailout - Update

That’s not a valid comparison. The numbers are wrong as LH will get way more than 6BN. And you have to either compare AF/KL with the LH-group or AF and KL with the separate airlines of LH-group. LH is still talking with the Belgian and Austrian governments and already got a huge amount of money fro...

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by sabenapilot
Thu May 28, 2020 1:47 pm
Forum: Civil Aviation
Topic: Updated: Majority of LH Shareholders are Voting for Rescue Package
Replies: 502
Views: 62104

Re: Lufthansa: 10B EUR bailout - Update

AMS has most international transfer traffic of all European airports yet EasyJet is it’s 2nd largest user. So your hypotheses doesn’t hold up. The Dutch market has no domestic flying whatsoever, so implying it sees less O&D traffic than for instance FRA based purely on that statistic is not cor...

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by sabenapilot
Thu May 28, 2020 1:17 pm
Forum: Civil Aviation
Topic: Updated: Majority of LH Shareholders are Voting for Rescue Package
Replies: 502
Views: 62104

Re: Lufthansa: 10B EUR bailout - Update

No. France and The Netherlands each own 14%, not both. (Actually, France's shareholding is 14.3%). 'each' and 'both' are not interchangeable. That means the total of AFKL owned by governments is 28.3%, so sabenapilot's point is actually correct. It does make a difference if one entity get 20% (agai...

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by sabenapilot
Thu May 28, 2020 12:59 pm
Forum: Civil Aviation
Topic: Updated: Majority of LH Shareholders are Voting for Rescue Package
Replies: 502
Views: 62104

Re: Lufthansa: 10B EUR bailout - Update

On of the conditions (apparently) raised is that Lufthansa releases sufficient slots for two competitors in Frankfurt and one competitor in Munich to establish basis with each four to six planes, coming from Lufthansa´s own stock... Haven´t seen any mentioning if this goes for long-haul or short-ha...

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by sabenapilot
Thu May 28, 2020 12:50 pm
Forum: Civil Aviation
Topic: Updated: Majority of LH Shareholders are Voting for Rescue Package
Replies: 502
Views: 62104

Re: Lufthansa: 10B EUR bailout - Update

France and The Netherlands both own 14%. You can’t simply say “that’s more than 20%”. No. France and The Netherlands each own 14%, not both. (Actually, France's shareholding is 14.3%). 'each' and 'both' are not interchangeable. That means the total of AFKL owned by governments is 28.3%, so sabenapi...

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by sabenapilot
Thu May 28, 2020 7:22 am
Forum: Civil Aviation
Topic: Updated: Majority of LH Shareholders are Voting for Rescue Package
Replies: 502
Views: 62104

Re: Lufthansa: 10B EUR bailout - Update

The difference is the kind of support. The EU eyes any form of re-nationalisation (full or partial) as undesirable. AF/KL get loans while LH will be 20% government owned. AF/KL have to make serious concessions on domestic routes on environmental grounds, LH has to "renew its fleet" as its...

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by sabenapilot
Wed May 27, 2020 8:41 am
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

The problem is that at least one side does not see it as a lose-lose deal, but a chance for a big win. Yup, one side is delusional and has committed to that point of view. In all honesty, they do implicitly acknowlegde there will be an economic loss for the UK in case of a 'no deal', although they ...

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by sabenapilot
Tue May 26, 2020 9:01 pm
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

that is hilarious. it's not hilarious, it's dead serious in fact! I don't doubt it, but it is a hilarious fact given that the Brexitremist - mr. Farage - made fishing a symbol of their "independence" war. Yeah, but not only did they demonstratively not understand how the EU works, they al...

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by sabenapilot
Tue May 26, 2020 8:41 pm
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

BTW- Belgian fishing boats have enternal access to British waters anyway, it turns out. that is hilarious. it's not hilarious, it's dead serious in fact! The Charter issued by King Charles II grants eternal rights to 50 boats from the city of Bruges to fish in British coastal waters for as long as ...

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by sabenapilot
Tue May 26, 2020 6:33 pm
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

Did we already discuss the rumour that the EU will give the UK its way about fisheries if the UK gives something to the UK? Dutch website nu.nl and Irish rte.ie report this, but surprisingly nothing on the guardian.co.uk or bbc.co.uk (most of their stories are still COVID-19 related it seems) https...

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by sabenapilot
Tue May 26, 2020 1:51 pm
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

I think UK need to get a No Deal in order to not get a knife in the back history like Germany succeeded with exactly 100 years ago. I honnestly don't know what psychological disorder it is we're currently seeing, but it increasingly does seem like even a "No deal" is not enough: one would...

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by sabenapilot
Tue May 26, 2020 1:30 pm
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

I am actually also getting bored of this. I think that both sides need to respect that either side will take the decision for UK and EU members what is long term best for the side. Nor EU or UK has a obligation to nor shall sign any FTA that do not fulfill this criteria. I agree, although I am far ...

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by sabenapilot
Mon May 25, 2020 9:00 pm
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

UK Demands to have veto over EU future; "As an example, the UK wants to have input into any future application by a third party to join the EU, and for the EU to take into consideration UK interests in any such negotiations. This goes beyond audacious. https://www.express.co.uk/news/politics/1...

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by sabenapilot
Mon May 25, 2020 10:51 am
Forum: Civil Aviation
Topic: Lufthansa June International schedule
Replies: 16
Views: 6631

Re: Lufthansa June International schedule

Brussels Airlines has just published it's schedule for June and the months beyond, with more to be added, depending government approval: https://www.brusselsairlines.com/en-be/destinations/Default.aspx?version=3&fbclid=IwAR083ppg9aGaQAt1nIrk8X5XQUdD37gfKZLvThuLSsl0hnNq_tsX4-94fZU 26 planes to be...

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by sabenapilot
Sun May 24, 2020 9:50 am
Forum: Civil Aviation
Topic: Updated: Austria's Lauda to close, be replaced with new Maltese unit
Replies: 187
Views: 23469

Re: Laudamotion closing its VIE base May 29th.

Straight from the PR handbook of FR themselves: always blame the unions, scare (ex-)workers to dead, and go from self-proclaimed victory to victory, even when you are pulling out....

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by sabenapilot
Thu May 21, 2020 11:44 am
Forum: Civil Aviation
Topic: Updated: Majority of LH Shareholders are Voting for Rescue Package
Replies: 502
Views: 62104

Re: Lufthansa: 10B EUR bailout - Update

It has been reported Belgium is the 7th biggest market for Lufthansa, well ahead of many major global economies even. I bet a big chunk of that is thanks to the fact they own the home carrier who's actively pushing Belgians onto Lufthansa's intercontinental flights to FRA, MUC or ZRH over letting th...

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by sabenapilot
Wed May 20, 2020 11:34 am
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

I don't think it's so much them being prepared or not. British negotiators were at the core of the EU negotiating group so the skill pool is there somewhere. They are somewhere all right:mostly at the EU still in fact. Only very few Brits have left the EU to return to work for their country now: mo...

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by sabenapilot
Wed May 20, 2020 8:35 am
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

Of course, the UK team is illprepared, unskilled, unaware of trade details and their legal consequences. What else would you expect? They are the new kid on the block, the UK civil service hasn't done this for over 40years, the EU team on the other hand, does this for a living. With all do respect ...

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by sabenapilot
Tue May 19, 2020 9:49 pm
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

I think they need to be looking at WTO. But that org. is handicapped by Trump trying to destroy it by not appointing US members. WTO is pretty useless at present, like you say. Everything that's new is blocked so for the UK this means misery. Besides, the UK doesn't hold any quota of itself at the ...

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by sabenapilot
Tue May 19, 2020 8:27 pm
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

Looks a lot like the ideology-hardened approach of the last months: "Let us cherrypick anything we like (including unbundled, separate partial agreements) or we'll shoot our own brains out with a hard crash-out Brexit!" Michel, have the tarps at the ready! So what the UK wants is a genera...

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by sabenapilot
Tue May 19, 2020 8:05 pm
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

One question; Now we have seen the EU team and the UK team in action for a few years. During the whole history of EU we at least here in Sweden we have heard how professional the UK administration is and how total mess the EU administration is. Now after a few years of negotiations, would EU citize...

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by sabenapilot
Tue May 19, 2020 12:09 pm
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

'Bargain Basement Britain' is about to open... exactly as expected, The plan is dead obvious: have the masses vote for you in a desperate attempt to rise their decade long stagnated wages by taking control of immigration (Trump style economics) prior to the elections, and then claim you have to open...

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by sabenapilot
Tue May 19, 2020 10:22 am
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

This government doesn't care about NHS staffing, or in fact the the people in the UK: what they care about it how much money their sponsors can make from deregulating Britain! Not surpringly, today it has emerged that the economic strategy of Global Britain is to unilaterally slash a lot of import t...

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by sabenapilot
Sat May 16, 2020 8:28 pm
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

I haven't been paying attention for the past few months. Has the UK yet been able to conclude the easiest trade negotiation in human history? No, but the David Frost has given Michel Barnier two weeks to drop his 'ideological approach'. Seems like he doesn't understand why the EU “insists on an ide...

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by sabenapilot
Thu May 07, 2020 8:29 am
Forum: Civil Aviation
Topic: Rumour: IAG and EY interested in creating a hub at VIE
Replies: 118
Views: 21523

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

If LH gets the10BN bailout from the German government, I am pretty sure they'll have a few hundred millions of funds available to cover the essential operations at the reluctant group members Austria and Belgium: of course, in that case the gloves will come off and it will be quite brutal in terms o...

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by sabenapilot
Sat May 02, 2020 8:17 am
Forum: Civil Aviation
Topic: Updated: Majority of LH Shareholders are Voting for Rescue Package
Replies: 502
Views: 62104

Re: Lufthansa: 10B EUR bailout - Update

Despite the circumstances, how can this aid not be in breach of EU competition rules? EU anti-competition rules do not forbid: 1- a government holding or even taking up a shareholding in a company (see for instance the Dutch and AF-KLM a year ago...) https://www.bbc.com/news/world-europe-47386140 2...

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by sabenapilot
Mon Apr 27, 2020 9:26 am
Forum: Civil Aviation
Topic: Ryanair Threatens EU Over State Aid to Airlines
Replies: 342
Views: 30154

Re: Ryanair Threatens EU Over State Aid to Airlines

source to back up your claim that MOL refused to negotiate with the Austrian government? The initiative has to come from the beneficiary in this. It's really not up to any national government to see which foreign owned businesses operating in their country need some form of financial help, let alon...

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by sabenapilot
Mon Apr 27, 2020 8:35 am
Forum: Civil Aviation
Topic: Ryanair Threatens EU Over State Aid to Airlines
Replies: 342
Views: 30154

Re: Ryanair Threatens EU Over State Aid to Airlines

May I kindly point out they have posted a positive EBIT for at least the last 5 years? So 'failing' and 'unprofitable' are 2 adjectives you attribute rather wildly, in order to paint a picture that suits the fake news you want to spread far more than it matches reality... May I remind you once more ...

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by sabenapilot
Sun Apr 26, 2020 3:35 pm
Forum: Civil Aviation
Topic: Ryanair Threatens EU Over State Aid to Airlines
Replies: 342
Views: 30154

Re: Ryanair Threatens EU Over State Aid to Airlines

As for OS sitting down with the government, that's where the government made the mistake. Once they sat with OS they should have reached out to others to offer them a meeting otherwise they are favoring one company over the rest. That's a big no no. Again, you set some very strange expectations for...

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by sabenapilot
Sun Apr 26, 2020 1:02 pm
Forum: Civil Aviation
Topic: Ryanair Threatens EU Over State Aid to Airlines
Replies: 342
Views: 30154

Re: Ryanair Threatens EU Over State Aid to Airlines

Why should talks with different Austrian airlines be conducted all together by the government? Different airlines have different business models, different needs and can likely also expect different conditions in return for state support: I doubt it's efficient to organize one single round table co...

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by sabenapilot
Sun Apr 26, 2020 10:04 am
Forum: Civil Aviation
Topic: Ryanair Threatens EU Over State Aid to Airlines
Replies: 342
Views: 30154

Re: Ryanair Threatens EU Over State Aid to Airlines

What the Austrian government should have done is to have invited ALL local airlines and discussed with them what should and can be done to help them out. In stead, what they did was that they only invited Austrian Airlines and formed a joint approach when discussing a bailout with Lufthansa. In suc...

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by sabenapilot
Sun Apr 26, 2020 9:55 am
Forum: Civil Aviation
Topic: Ryanair Threatens EU Over State Aid to Airlines
Replies: 342
Views: 30154

Re: Ryanair Threatens EU Over State Aid to Airlines

I am sorry but how exactly is Austrian Airlines essential? Most of their routes have competition meaning that even if they were to go away the market would not suffer. This by definition doesn't make them essential, especially since they are not even an Austrian owned company. Lauda is more essenti...

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by sabenapilot
Sun Apr 26, 2020 9:45 am
Forum: Civil Aviation
Topic: Ryanair Threatens EU Over State Aid to Airlines
Replies: 342
Views: 30154

Re: Ryanair Threatens EU Over State Aid to Airlines

The Greens might think first of what implications their actions might have if their voters have to pay higher airfares. Greens will speak of ecology but they won't do something that might damage their results during the next election. They also didn't do anything when OS was supposed to receive the...

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by sabenapilot
Sun Apr 26, 2020 9:34 am
Forum: Civil Aviation
Topic: Ryanair Threatens EU Over State Aid to Airlines
Replies: 342
Views: 30154

Re: Ryanair Threatens EU Over State Aid to Airlines

making sure loan guarantees and other perks are available to “all EU airlines in proportion to their share of traffic in a particular country,” This an interesting aspect of his declaration. If put in application at national level, it would mean that any EU airline serving a country would be able t...

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by sabenapilot
Sun Apr 26, 2020 8:07 am
Forum: Civil Aviation
Topic: Ryanair Threatens EU Over State Aid to Airlines
Replies: 342
Views: 30154

Re: Ryanair Threatens EU Over State Aid to Airlines

It was noted that MOL doesn't want to comply with letting the middle seat open ( https://www.airliners.net/forum/viewtopic.php?f=3&t=1445045 ). Ryanair just lost a court case and must reinstate some Spanish employees. All airlines which received money got some conditions attached to it, none wh...

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by sabenapilot
Sun Apr 26, 2020 7:58 am
Forum: Civil Aviation
Topic: Ryanair Threatens EU Over State Aid to Airlines
Replies: 342
Views: 30154

Re: Ryanair Threatens EU Over State Aid to Airlines

People seems to be missing the point. Ryanair wants tbe principle to be if they offer aid to one airline they cannot then refuse to give it to another airline either People are not missing the point at all. Yet the simple question is: have they formally asked for it? And are they willing to engage ...

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by sabenapilot
Sun Apr 26, 2020 7:33 am
Forum: Civil Aviation
Topic: Ryanair Threatens EU Over State Aid to Airlines
Replies: 342
Views: 30154

Re: Ryanair Threatens EU Over State Aid to Airlines

it's discriminatory for OS to receive money from the state but not Lauda. Have they formally asked for state support? Not through some tweed or a press release, but via the formal channels? They can't possibly expect the Ministery of Finance to reply to just send them the bank account they want mon...

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by sabenapilot
Sat Apr 25, 2020 8:54 pm
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

The UK is just running down the clock, really. The strategy behind it is that the economic devastation of Covid-19 will be so huge that nobody will be able to say just how much extra is due to the 'no deal' outcome... Only problem with this strategy is that is based on the assumption there's someho...

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by sabenapilot
Sat Apr 25, 2020 6:02 pm
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

The UK is just running down the clock, really. The strategy behind it is that the economic devastation of Covid-19 will be so huge that nobody will be able to say just how much extra is due to the 'no deal' outcome... Only problem with this strategy is that is based on the assumption there's somehow...

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by sabenapilot
Tue Apr 21, 2020 7:10 am
Forum: Civil Aviation
Topic: LH Group fleet groundings, Germanwings closure
Replies: 356
Views: 65697

Re: LH Group fleet groundings, Germanwings closure

The problem of midsized hubs like VIE and BRU is not the fact there's a mega-hub like MUC of FRA next door: the problem is there's a low cost airport so nearby (BTS or CRL) that the airport management of these midsized hubs felt the need to compete with these regional LCC airports and thus spured a ...

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by sabenapilot
Mon Apr 20, 2020 8:09 pm
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

Not to mention the current PM in recovery Boris Johnson himself, who voted first against TM's deal.... the voted for it... and then again against it.

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by sabenapilot
Sun Apr 19, 2020 7:38 pm
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

Well one has to wonder how the parliament under TM who said she wanted Brexit could not accomplish anything until the last election changed the makeup of the parliament. Interestingly enough, several members who sat in both parliaments voted differently in both parliaments too, so it's not (only) t...

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by sabenapilot
Sat Apr 18, 2020 3:38 pm
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

I think what will get lost in all of this is that until the last election, all the elitist in the UK parliament and political class who could be regarded as persons out of touch with the ordinary man in the street were all ardent supporters of the EU You think JRM for instance is not an elitist out...

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by sabenapilot
Sat Apr 18, 2020 8:30 am
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

most just recognise that it’s in the interests of the UK to continue its present course of action. That's new to me: could you please share the many sources regognising such? I thought even the UK government officially quantified a 'no deal' outcome as a lot more damaging to the UK's economy that a...

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by sabenapilot
Fri Apr 17, 2020 2:12 pm
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

why keep sounding the alarm that negotiations cannot be completed by the end of the transition period and continue to use the media to whip pressure to extend? I don't know if you've actually noticed, but it's not the EU, but rather the IMF which is sounding the alarm bell as of recently. Or do you...

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by sabenapilot
Fri Apr 17, 2020 11:56 am
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

I would spin it the other way around - why do US websites think it's a good thing to block visitors from the EU when everyone else has no problem adjusting their cookie policy etc.? Or better even - which EU consumer and customer protection rule(s) - fully supported by the UK(*) - do these US websi...

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by sabenapilot
Fri Apr 17, 2020 8:55 am
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

UK will refuse any EU offer to extend Brexit transition https://www.google.com.au/amp/s/amp.ft.com/content/3c006614-767f-4447-8136-97987045517f I was laughing yesterday reading this. The UK should up its game and stop to try to stop using negotiation book for dummies tricks. The UK claim it will re...

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by sabenapilot
Thu Apr 16, 2020 2:29 pm
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

The head of the IMF has officially recommended the UK to ask the EU for an extension of the transition period beyond the end of this year. https://www.bbc.com/news/business-52304821 "The IMF is now preoccupied with trying to find ways to help alleviate a global recession we have not seen in our...

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by sabenapilot
Fri Apr 10, 2020 11:47 am
Forum: Non-Aviation
Topic: Brexit Part 8: the UK government saying what I want is full access and divergence
Replies: 2489
Views: 90445

Re: Brexit Part 8: the UK government saying what I want is full access and divergence

UK has been offered extension while EU is concentrating on more urgent matters. Pricetag is 26 billion pounds per year or the uk fee without rebate. it's actually cheaper than having the British economy adapt to the no deal aka Australia-type of trade by year's end, followed by abolishing some/part...

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