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#211
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On Sat, 17 Oct 2009 11:13:36 +0100, "Recliner"
wrote: "Bruce" wrote in message On Fri, 16 Oct 2009 15:27:44 +0100, "Recliner" wrote: "Bruce" wrote: Probably not interested in a ragbag assortment of tired old aircraft. ... which are probably leased anyway. Yes, but the leases don't lapse when a firm is taken over. Unless a termination is negotiated, at a considerable cost, the leases will simply be assigned to the new owners and continue to the end of their terms. So the condition of the fleet is important, and whether they are owned or leased, they remain a liability. So Lufthansa now has those leases. It's not likely that any airline interested in operating the bmibaby routes would want to use those particular aircraft to operate them -- they'd be much more likely to want to use aircraft compatible with the rest of their fleets. So, the chances are that, even if some of those routes continue to flown by someone, it won't be those aircraft flying them, nor will the planes be wearing bmibaby liveries. Conversely, if Lufthansa succeeds in selling bmibaby, it will be a high priority for Lufthansa to transfer those leases to the buyer as part of the deal. The new owner of bmibaby, a low cost airline, is perhaps rather more likely than Lufthansa to have any use for a clapped out fleet, hopefully with much lower leasing costs than buying new. If the leases are not transferred on sale, Lufthansa will rightly expect a higher price for bmibaby to compensate for the retained liability of all those leases. |
#212
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In message
John B wrote: On Oct 16, 6:15*pm, rail wrote: In message * * * * * John B wrote: On Oct 16, 11:00*am, rail wrote: EZY have a good relationship with Balpa, whereas FR ... yes, well. Given FR is an Irish based company, why should it have any relationship with Balpa? Because their permanent Stansted staff (their largest site) are employed in the UK under English law? But does that include pilots? Yes, and cabin crew. I wasn't convinced given the large proportion of flight (as opposed to cabin) crew that were from Eastern Europe. I could easily believe that O'Leary was saving money by using pilots 'based' in eg Poland, being paid Polish salaries rather than British rates. That would certainly be a cause of friction with Balpa. -- Graeme Wall This address not read, substitute trains for rail Transport Miscellany at www.greywall.demon.co.uk/rail |
#213
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"Bruce" wrote in message
If the leases are not transferred on sale, Lufthansa will rightly expect a higher price for bmibaby to compensate for the retained liability of all those leases. But why would anyone pay any significant amount for bmibaby? Its brand is worthless and it has no significant assets (such as the valuable Heathrow slots and more modern aircraft owned by bmi mainline). Any airline wanting to expand on to its routes is free to do so, and could probably do it more efficiently than by buying a failing small airline. It's far more likely that Lufthansa either has to pay someone to take it away, or just shuts it down. And at least Lufthansa does still operate similar, but larger, 737-300 and 737-500 fleets. In fact, Lufthansa's 737-300s are on average significantly older than bmi's, so it could probably use the bmibaby fleet to *upgrade* its own fleet (the oldest Lufthansa 737 is five years older than the oldest bmibaby one). My experience of Lufthansa's planes is that they can be very tatty indeed, so the bmibaby ones may actually be in better condition, too. |
#214
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"rail" wrote in message
In message John B wrote: On Oct 16, 6:15 pm, rail wrote: In message John B wrote: On Oct 16, 11:00 am, rail wrote: EZY have a good relationship with Balpa, whereas FR ... yes, well. Given FR is an Irish based company, why should it have any relationship with Balpa? Because their permanent Stansted staff (their largest site) are employed in the UK under English law? But does that include pilots? Yes, and cabin crew. I wasn't convinced given the large proportion of flight (as opposed to cabin) crew that were from Eastern Europe. I could easily believe that O'Leary was saving money by using pilots 'based' in eg Poland, being paid Polish salaries rather than British rates. That would certainly be a cause of friction with Balpa. Yes, that makes a lot of sense. |
#215
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On Sat, 17 Oct 2009 15:59:47 +0100, "Recliner"
wrote: "Bruce" wrote in message If the leases are not transferred on sale, Lufthansa will rightly expect a higher price for bmibaby to compensate for the retained liability of all those leases. But why would anyone pay any significant amount for bmibaby? Its brand is worthless and it has no significant assets (such as the valuable Heathrow slots and more modern aircraft owned by bmi mainline). Any airline wanting to expand on to its routes is free to do so, and could probably do it more efficiently than by buying a failing small airline. It's far more likely that Lufthansa either has to pay someone to take it away, or just shuts it down. And at least Lufthansa does still operate similar, but larger, 737-300 and 737-500 fleets. In fact, Lufthansa's 737-300s are on average significantly older than bmi's, so it could probably use the bmibaby fleet to *upgrade* its own fleet (the oldest Lufthansa 737 is five years older than the oldest bmibaby one). My experience of Lufthansa's planes is that they can be very tatty indeed, so the bmibaby ones may actually be in better condition, too. You can try to grind me down as much as you like g, but the problem of the lease liability remains. There will almost certainly be parent company guarantees from Lufthansa, so this liability really cannot be ignored. |
#216
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In message , at 15:59:47 on
Sat, 17 Oct 2009, Recliner remarked: Any airline wanting to expand on to its routes is free to do so, and could probably do it more efficiently than by buying a failing small airline. Ironically, BMIbaby has just announced a significant expansion at EMA to replace many of the routes previously flow by Easyjet (ex BA-Go) from there, which are being chopped at the end of the year. But if the EMA-AMS flights are eventually a casualty, it'll inconvenience me quite a bit. They are always full, but there's not an obvious replacement carrier unless Flybe does indeed start a hub at EMA (they fly to AMS from several other UK regional airports). -- Roland Perry |
#217
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Recliner wrote:
My experience of Lufthansa's planes is that they can be very tatty indeed, so the bmibaby ones may actually be in better condition, too. Not my experience (primarily Airbus A320 family planes and an occasional Boeing 737 on MAN-FRA)... -- Jeremy Double {real address, include nospam} Rail and transport photos at http://www.flickr.com/photos/jmdoubl...7603834894248/ |
#218
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On Sat, 17 Oct 2009 08:21:24 +0100, Roland Perry
wrote: I'm a bit confused here. It seems they don't run any ERJ145's any more, I meant those. Didn't know they'd got rid of them, but then I (deliberately) haven't flown with them for a while. Neil -- Neil Williams Put my first name before the at to reply. |
#219
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![]() "Roland Perry" wrote in message ... In message , at 20:30:26 on Wed, 14 Oct 2009, " remarked: There was a service a few years ago, that was running trains out of Waterloo to Southampton for about £1. Still is, called Megatrain. The problem, however, was that passengers who paid that fare were confined to one car on the train. Didn't last long, according to reports from travellers. Now any carriage is acceptable. I'm under the impression that it was not the most pleasant journey. Why's that? Many advance purchase train tickets today are issued with compulsory reservations. What's the unpleasantness if they turn out to be all in one carriage? Several foreign railways fill up the seats - carriage by carriage and lock the unused ones out of use. It is pot luck whether you are in a completely full carriage or an almost empty one tim |
#220
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![]() "Recliner" wrote in message ... wrote in message I've heard that this is already happening, unfortunately. No, the opposite is true. The majority of flights I make are in classless aircraft, those that are not have either no FC section or only 12 - 16 FC seats The traditional FC passenger is now the private jet hirer. I don't suggest that BC and FC will disappear just that most airlines will have to depend on the price sensitive market. The companies I have worked for have all had policies for travelling that mandate coach for 4Hrs and then case by case above that.. e.g. Business class if working within 8 hours of arrival. |
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