A leak that says Virgin Blue is asking for slots at Hong Kong airport for its V Australia subsidiary isn’t surprising, except for taking so long.
The two factors in this move are the caustic losses being made by all carriers on the crowded trans Pacific non-stops to the US, and the synergy of a [...]
The numbers varied, but the hot tip earlier this morning was that up to 12 Airbus A330s will be added to the Jetstar fleet by late 2010 or early 2011 to replace the 787 capacity Boeing has failed to deliver according to any of its past broken promises.
This was followed by another hot tip that [...]
How lucky can Qantas be, or alternatively, how poorly advised has it been in recent times?
First it escaped from the Airline Partners Australia private equity bid that was a dead set disaster from the start only through one of the buyers missing a deadline, and now its infatuation with a merger with British Airways late [...]
Richard Branson said overnight that he couldn’t guarantee the survival of Virgin Atlantic, which is 51% owned by his family company, if a revenue sharing and price fixing alliance was allowed between American Airlines and British Airways.
Branson has made similar warnings for the many years, even before the oneworld alliance came along in 1998 and [...]
By Ben Sandilands
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Posted in Uncategorized
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Also tagged Air New Zealand, airline competition, American Airlines, British Airways, Cathay Pacific, Emirates, global alliances, global financial crisis, Qantas, Richard Branson, Robert Crandall, Singapore Airlines, V Australia, Virgin Blue
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October 30, 2008 – 12:27 pm
An intensely interesting situation has arisen in Europe after Lufthansa assumed outright control of UK carrier bmi after chairman Sir Michael Bishop exercised a £318 million option to sell them his stake, lifting the German carrier’s equity to 80%.
Sir Richard Branson, who shares Virgin Atlantic 51:49 with the less than thrilled owners of Singapore Airlines, [...]
By Ben Sandilands
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Posted in Uncategorized
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Also tagged AirAsia, airline consolidation, bmi, British Airways, JetBlue, London Heathrow, mergers & acquisitions, Michael Bishop, Pacific Blue, Qantas, Richard Branson, Singapore Airlines, V Australia, Virgin America, Virgin Blue
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