Is a merger with Easyjet viable ?Jump to post
Well the decline of Etihad is also visible in the cabins. I flew last week DUS-AUH on their 787-9 in Business Class. Even though the food was good I was starving at the end of the flight, both because lack of sufficient food and drinks never get refilled. I had to asked several times for a glas of w...Jump to post
The fault is not with EU commission but with the german government which wanted to interfere by putting tax money inside . Without this all this would be over long time ago with basically same result , except that no tax payer would have lost money.Jump to post
PanHam: Have a look into the current Spiegel magazine article. Clearly written now, that the government injection of cash facilitiated via KfW is at risk and the tax payer could loose large parts of this money. I just wanted to highlight for you that even in the government not decline that this is i...Jump to post
Why Ryanair, Niki and the other interested buyers did not have a realistic chance to purchase parts of Air Berlin ? LH had months to prepare itself for this situation and could plan in detail. Tommy1808, bridging loan is fine, but in this case it's not that the great Air Berlin continue to fly under...Jump to post
Simple. Air Berlin Fails and the procedure to pick up the pieces starts in an orderly Fashion. LH and u2 follow the rules and bid, together with others for routex, Slots and aircraft. Others follow but the two carriers mentioned win and are invited to proceed in the process. Except Ryanair, who sud...Jump to post
PanHam: Kfw is a state owned bank. Their profits go into the budget, if they need to write off such an amount it will reduce their earnings and therefore harm the taxpayer. For example if you decide not to pay tax, the German government would not go bancrupt but certainly would have less income. If ...Jump to post
PanHam: so far only the tax payer forked out hundreds of millions in financial aid and social system payments to pay employees their salary. As long the EU not approve the deal no money has and will be paid.Jump to post
Interesting how technically this was possible. As far as I understood so far, the slots were allocated to Air Berlin and could only be moved within that group of companies e.g. LGW, Niki . Now Lufthansa took apparently LGW and Niki. The sick part of it , Air Berlin , remained there . How easyJet can...Jump to post
Never should have happened ....Jump to post
Seems so that the LBA and Air Berlin got no other problems to deal with. This was a very nice go around and not dangerous.Jump to post
I am a fellow easyJet fan and using them whenever I can. But having flown Ryanair (by accident) and Norwegian lately I have to say that I don't really understand easyJet's strategy any longer. Whenever Ryanair is coming to a base it seems they run away like a chicken closing bases like Madrid, Rome,...Jump to post
B-787-8/9 should be the replacement !
Best aircraft for OS !
Who will replace Air Berlins 4 weekly service between Dusseldorf and Ft. Meyers ? Air Berlin inherited the route from LTU who was flying the route since the early 90's to cater he huge German population in southwest Florida ? Will Lufthansa ( Eurowings ) take it over or Condor ?
Any info ?
Now one news outlet reports, that Lufthansa is already owner or in the process of owning and taking over all the jets they want from Air Berlin. According to it, the CAA in Germany, with the most support of the transport minister is just able to complete 3 airplane registration movements per week. I...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
The fuel shortage in AKL is a national problem which is of short term and where no other commercial company could help out. In case of Air Berlin it started with unusual self admin insolvency whereas a loyal Lufthansa manager sit in the board of director, agree with government a plan to get funding ...Jump to post
This haul process of Air Berlin going down is like a crime movie. Lufthansa says on the one hand , not interested in AB long haul business. Of course not because the working tools (A330) changed already hands. Of course it doesn't take the entire remaining business , because it doesn't want problems...Jump to post
PanHam: There are companies in Germany with small airplanes like Cessnas, Pipers, Diamonds, King Air who are flying urgent shipments of spare parts for the automotive industries. These flights originate from London area and going to Egelsbach, Stuttgart, Eastern Europe. When the sh.... hits the fan ...Jump to post
The loan is state aid. Kfw is owned by the government, a 10 pct interest was chosen to make it look legit and undermines that there are no securities for e.g. aircraft etc backing the loan. It is hard to believe , but in case of Air Berlin I doubt that there is any asset which could be monitized in ...Jump to post
To be honest, anyway the German government will pay everyone for at least 3 months to come. All AB pilots willing to work, will find a job elsewhere, if AB will not continue. The chance that some serious investor will show up an buy entire Air Berlin to continue everything including the problems is ...Jump to post
Alias: Yes, but they have also terms in their working contracts and notice periods. This collective strike action is first of all illegal and is defrauding the company. If I would be the administrator of Air Berlin I would close the shop and claim damages from these pilots which suddenly went sick, ...Jump to post
PanHAM: The media articles I read this morning suggested that behind doors a transfer of all pilots was planned, even though officially the buyer was not determined yet. The only reason this came to light is that the receiving company doesnt want to pay so much for the captains. So now I ask you, ho...Jump to post
It will be interesting to see who is taking over the troublemaker pilots. Even if they in the end forced to take another contract with obviously less favourable conditions, troublemakers will stay troublemakers and the worst is that their mindset can be transfered to other employees.Jump to post
Not only accelerate, but totally destroy the remaining value of the business. Same thing happened not so long ago with TuiFly. Basically they should question every single sick leave notice and put an investigation for fraud against these pilots. Any airline to take over these kind of staff should be...Jump to post
Another tragedy for Air Berlin passengers as most of their pilots gone on strike because the management board suspended the transfer of 1200 pilots to one of the bidders.
For me sounds like another proof that the buyer is known already since long time. Now looks like something disturbing the process.
SabenaPilot: You are completely right in theory, but an offer of 100m € for the entire Air Berlin business WITHOUT any debt is a very very low price, considering around 90 airplanes with crews, customer base, trained employees are moving and afterwards to have a monopoly of 95 % market share on dome...Jump to post
The money can last longer, since its summer and many planes are full. However you might be right, the cash is only released to Air Berlin for flown tickets. Other cash is held on an escrow account. So any loss will be eating straight into the 150m line which is not yet paid out, if to believe press ...Jump to post
Now, if this makes the round, the Lessors of the airplanes could get cold feets and let their airplanes be picked up immediately. For the lessors there is nothing more dangerous than airports impounding airplanes and EuroControl stopping it because of unpaid fees. Usually they hire some inside pilot...Jump to post
PanHam: Nobody can seize an airplane because the customer loyality program closed. First of all, the programme is owned by a UK registered company and not EY and secondly EY is JUST a shareholder of that company. The only one who can get sued is the UK company , owning and operating the programme. N...Jump to post
It's not possible to trade any slots, at least not in Germany. They stuck with the airline , maximum can be transferred within group owned companies. So theoretically and that might be the plan , all slots can be transferred into Niki company and then Niki will be split of from the air Berlin group....Jump to post
The Wohrl plan is better than what they do now but still no major change. The company must get rid of debt, the inefficient and shitty TXL hub and their costly Tui wet leases and some of the dry leases which also were too expensive. Also all the different pilot salaries and duty travel should come t...Jump to post
I like Ryanairs offer. I guess he would never take over Air Berlin, but because he is interested to make an offer, they must look on it. If they just continue discussion behind the curtain and exclude Ryanair thats for sure another argument for a huge anti trust complain but also the administrators ...Jump to post
Forget that LH will take AB, JUST 90 or so airplanes, slots, cockpit and cabin crews and may be some customer data. That's about it, rest they are not interested. So or so they can play this , as any lessor can in default do what they want with their planes. Crews will be in this situation more than...Jump to post
No matter what, that this was a pre-arranged deal is obvious. If there would be no loosers (creditors) or anti trust concerns, that would be entirely okay, but few fundamental laws were clearly not followed. Will be interesting to see if Easyjet will take some of the domestic routes and will also pr...Jump to post
I called today the AB call center to change a ticket and there is a automated information before they put the call through that Air Berlin has declared insolvency and that all flights are secured by a government loan while LH is supporting this ! Now the information that first LH can take the meat a...Jump to post
How about a daily 787 service from ORD to TXL now that Air Berlin is gone shortly ?!?!Jump to post
We don't know the exact transaction in the background but interesting is, a deal was done behind closed doors before insolvency was declared. The point of insolvency is, that the entity will get rid of debt and some creditors will see x percent of their outstanding back. In an airline which does not...Jump to post
AirBazar: FAO-LGW by LH you will not see, since LGW is not a city in Germany, however BA I also would call sort of legacy and they do FAO-LCY, LHR and LGW ! I would doubt that many pax connect at LGW or LCY. Also there is a big market non stop FAO-FRA, big enough to make FR fly it daily now, competi...Jump to post
LXwing: Not so sure about low yield pax, I dont think LIS attract much higher revenues, may be even lower. Check prices on LH to and from FAO and you will find out they are higher than LIS and even business class is occupied. In winter many golfers coming to Algarve, especially from ZRH a twice week...Jump to post
Because it was a government run airline and politicians are sitting in Lisbon and some probably also in Porto. Therefore for them was no need to serve Faro with any direct flights. They left that part of their home market entirely to Easyjet, Ryanair and others, even though it would be perfect to se...Jump to post
First of all easyJet doesn"t accept UM's . So nobody requested this service as it is not advertised neither offered at all. The flight was indeed oversold. The boy was late at the gate and his seat was given to someone else. That happends if you are not at the gate 20 minutes before departure. ...Jump to post