VS now announced daily LHR LAS on 789 in addition to LGW. As well as a second additional daily LHR BOS. Virgin have confirmed the route is moving to LHR. https://www.ttgmedia.com/news/news/virgin-switches-vegas-flights-from-gatwick-to-heathrow-14199 Virgin don’t help matters by being cryptic in the...Jump to post
DL will be the single largest shareholder, when AF-KLM eventually acquires a 31% stake on completion.Jump to post
I can't see IAG wanting to buy part of Norwegian and not the brand. There's a lot of complexity behind Norwegian with multiple AOCs and debt. The brand is one of the strongest assets, particularly so because IAG is weak in Northern Europe. An airline with a strong brand name is exactly what IAG woul...Jump to post
Source: https://twitter.com/AlexInAir/status/993132805658902528 Latest: #UAE’s @EtihadAirways are tipped to be making an announcement soon, to cancel airliner aircraft Etihad currently on order, defer deliveries/reduce future orders It’s as management try to overcome the $2 billion loss the Abu Dha...Jump to post
The Virgin Atlantic brand is still very strong in the UK. Certainly much more so than US airline brands. Sir Richard Branson has not done much in public for Virgin Atlantic for quite some time. Clearly, Sir Richard disembarking an inaugural flight with a half-dressed model in his arms is long out of...Jump to post
IAG will keep the Norwegian brand. A strong brand in a region where IAG is relatively weak is exactly what IAG would be looking for. As for winding up Norwegian at LGW, I wouldn't be so sure. IAG does not favour one brand over the other. If BA wants to take over Norwegian's slots at LGW it will have...Jump to post
I suspect IAG will, as it did with Aer Lingus, make certain commitments to keep the Norwegian brand and its offices in Oslo.
The big question is Gatwick. There’s a huge prize and IAG would not want anyone else, in particular easyJet, getting Norwegian’s slots.
If precedent is anything to go by IAG would have to offer slots to new entrants on overlapping routes such as LGW-JFK. If IAG does buy Norwegian it would transform IAG’s presence at LGW. Norwegian has about 40 departures a day at LGW and you can be confident IAG would not want easyJet to get those s...Jump to post
A complete surprise. IAG must be expecting a) a very good price and b) significant group synergies to take out costs. However, I still struggle to understand why IAG would want to take on Norwegian’s debts. Willie Walsh has been very clear he doesn’t see Norwegian’s growth strategy as sustainable. I...Jump to post
Norwegian announced at the time of the investor update that they are conducting a strategic review of Norwegian Reward: https://media.norwegian.com/uk/#/pressreleases/norwegian-updates-market-and-raises-new-equity-2453774 And yes, Air Canada did sell their programme and they are now going to relaunc...Jump to post
Alex is now being called out for buying followers on Instagram, which he denies:
https://twitter.com/pauls_trips/status/ ... 5687496705
IAG has reported an operating profit of €3,015m for 2017. All IAG group airlines reported an increase in profitability, notably Iberia and Vueling. Looking through the slide presentation LEVEL is clearly set for significant growth: http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9Mzk5MDI4f...Jump to post
From experience of other industries, people generally do not begrudge others trying to earn an honest living. If there is a groundswell of questioning/criticism it is for a reason. My advice to Alex (which funnily enough could apply anywhere) would be: - Don’t block people who question you on Twitte...Jump to post
He was actually criticised by BALPA for giving media commentary on a plane crash last year. He also caused a lot of upset for Monarch staff with some of his tweets before the airline went into administration. If he called himself an enthusiast, then fair enough. And with profile comes responsibility...Jump to post
An analyst is someone who produces reports based on extensive original research. I’ve never seen him do any such thing. As has been mentioned he will block anyone on Twitter who questions what he does. There is a lot of embellishment of what he does. For example, claiming he is meeting with an airli...Jump to post
Some of the stories are quite old. I think the JNB incident happened a long time ago. There have always been incidents down route. It's just sometimes they don't get leaked to newspapers... It also has to be said that, although it's a very small downward trend, today's younger generation in London a...Jump to post
A couple of weeks ago Virgin Atlantic ran a promotion giving away 50 pairs of economy tickets to Miami at London’s Waterloo train station. Virgin are now offering a reward seat sale for LHR-MIA for mid February - March: https://www.virginatlantic.com/gb/en/flying-club/miles/spend-miles/reward-seat-s...Jump to post
Here is the presentation for investors:
https://www.norwegian.com/globalassets/ ... tation.pdf
Not an expert on numbers, but it looks like they are hugely exposed to a rise in the fuel price.
Heathrow Airport’s Twitter feed is reporting a serious incident involving two ground vehicles at Terminal 5:
https://mobile.twitter.com/HeathrowAirp ... 2606106624
The last update from IAG late last year was that it was securing regulatory clearance for EI to join the AA/BA joint-venture, but nothing has been announced since.Jump to post
I note there are rumours that SAA is leasing the slot pair to BA:
https://www.headforpoints.com/2018/02/0 ... ew-routes/
There’s been a lot of press about this but most news outlets have completely missed the real story. The specification for the new Airbus aircraft was done by IAG, not BA. This is IAG standardising new deliveries of aircraft across all group airlines to take advantage of bulk purchase discounts and s...Jump to post
Do we know when the deal finalises and the 15 aircraft are back in the sky (where they belong)? The Niki website is still showing that the airline ceased flying on the 14th December. One press report said that the transaction won't complete until February. I expect operations won't start until the ...Jump to post
Official announcement from Norwegian, which also announces new routes from Amsterdam and Milan:
http://media.norwegian.com/us/#/pressre ... an-2331051
BA CityFlyer has confirmed its weekend summer routes from BHX, BRS and MAN: http://mediacentre.britishairways.com/pressrelease/details/86/News-1/9026 From May 2018 there will be extra weekend flights from Manchester to Malaga, Ibiza and Palma, with Mykonos flights operating on Saturdays instead of F...Jump to post
There are many things you can say about Willie Walsh, but he’s not somebody I would bet against. The analogy with Virgin Atlantic in the Bloomberg article is interesting. Virgin’s “cool” image worked for them at LHR under Bermuda II when there was enough room for BA and VS up against a relatively we...Jump to post
I note the IAG press release refers to the closure of the OpenSkies brand, which does suggest that the AOC May be used for LEVEL:
http://www.iairgroup.com/phoenix.zhtml? ... ID=2318756
Good to see the weekend leisure routes returning to BHX and BRS next year. I’m surprised BACF hasn’t tried SOU as there must be a good Executive Club catchment there. As for LCY with ARN, BCN, CPH, HAM and MAD having been suspended I don’t think there’s much growth. Though, I would have thought JER ...Jump to post
To be honest, the reporting of this story including by some (Simon Calder, BBC News) who really should know better has been frankly pathetic.
If you read press reports you’d think no other airline in the world offered group or priority boarding.
I think it will be primarily for US gateways. It can open up slots for more long-haul services.
[Apologies, I note this has already been mentioned in another thread, but I couldn't delete it.]
FlightGlobal is reporting that BA is in talks to acquire four SQ A380s when they are returned to the lessor: https://www.flightglobal.com/news/articles/dr-peters-chief-confirms-ba-talks-on-ex-singapore-a-443294/ German asset manager Dr Peters is in talks with British Airways and other prospects on t...Jump to post
Willie Walsh said last week that all IAG airlines will be bidding for the Monarch LGW slots, regardless of whether they were sold by the administrator or they go back to the pool.Jump to post
BA long-haul will not be leaving LGW. The long leisure routes do well and, importantly, they are resilient during a downturn in a way that LHR premium traffic isn’t. Willie Walsh, who has access to far more data than us, said that some competitor growth is simply not sustainable. He didn’t name any ...Jump to post
Put it another way: Can DY make money operating a flight from LGW to SEA charging those fares so close to travel?
Also remember revenue management is a dark art, particularly when you have multiple cabins and the capacity to oversell and roll passengers forward.
It was all announced at the Capital Markets Day last week. It’s mainly things we know are already happening: Roll out new Club World catering & bedding, new Club World seat in 2019, lounge refurbishments and high speed WiFi. The new things are improved long-haul catering in January 2018 with mor...Jump to post
It might make sense. IAG clearly see Level as a means to use price to stimulate new demand for passengers who are new to long-haul travel. It's also noteworthy that BA seems to have retreated a little from trying to head to head with Norwegian. Last year, Alex Cruz was talking about launching an unb...Jump to post