Search found 1736 matches

by Flanker2
17 May 2020, 12:57
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 620760

Re: Brussels Airlines in 2020

Brussels Airlines doesn't need growth (in turnover). They need more profit - as Christina Foerster explained before 'corona' started. It's all about the profits right? Can you explain then why LH are going around asking for money like beggars after years of profits in their other units? What did th...
by Flanker2
17 May 2020, 12:27
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 620760

Re: Brussels Airlines in 2020

:ugeek: They don't need growth (in turnover). They need more profit - as Christina Foerster explained before 'corona' started. It's all about the profits right? Can you explain then why LH are going around asking for money like beggars after years of profits in their other units? What did they do w...
by Flanker2
16 May 2020, 20:36
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 620760

Re: Brussels Airlines in 2020

off course it is about profits… LH is a Dax quoted company… It is all about the dividend, and in LH case the underlying is airline revenue and profit. In that sense, CS did a great job the last years, he is in Germany hailed as great manager, running a very profitable dividend paying company… There...
by Flanker2
16 May 2020, 19:05
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 620760

Re: Brussels Airlines in 2020

:ugeek: Let's hope these cuts will indeed result into growth again. They don't need growth (in turnover). They need more profit - as Christina Foerster explained before 'corona' started. It's all about the profits right? Can you explain then why LH are going around asking for money like beggars afte...
by Flanker2
15 May 2020, 22:39
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 620760

Re: Brussels Airlines in 2020

For those who wander why SN cannot achieve what LX can, the answer is, imho, that there was no willingness from LH/CS. And the Swiss government did all it could to prevent LCCs to fly to ZRH, which is possible for Switzerland since it not a member of the EU or even the EEA. ZRH is a much higher yie...
by Flanker2
15 May 2020, 22:01
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 620760

Re: Brussels Airlines in 2020

If Lufthansa is so bad, why die the previous majority shareholders not invested and their patriotic CEO shwon bis capabilities to rocket the company's valuation and make Lufthansas' call option very expensive? 1. First of all, the previous shareholders invested more in Brussels Airlines than LH in ...
by Flanker2
15 May 2020, 19:10
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 620760

Re: Brussels Airlines in 2020

Oldblueeyes, you guys are willing to blow up 9 billions over "political interference" and see now what's happening, every politician and their mothers are involved. Instead of asking people what they smoke, you guys in FRA should stop smoking and get on your knees to kiss Mutti's feet. As ...
by Flanker2
15 May 2020, 18:49
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 620760

Re: Brussels Airlines in 2020

So do you think that the airport can do whatever they want or the state can proceed towards arbitrary nationalisations just because somebody from the government was not pleased by the talks? Most of you don't realize that this is not about a flag or tail logo on the airplanes, but about the career ...
by Flanker2
15 May 2020, 18:13
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 620760

Re: Brussels Airlines in 2020

Hi I am not an expert in aviation business, but can it be an idea that CS has no intention at all to save Brussels Airlines. Asking 100 million extra sounds for me a bit like an intention to let the negotiations fail on purpose. Perhaps the real plan is to let BA go fail and get those Eurowings bir...
by Flanker2
15 May 2020, 16:47
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 620760

Re: Brussels Airlines in 2020

Your questions is feasable, however it is the economics that speak against it. First of all, each daughter airline of the group has to earn for itself the money for development. Brussels is not able to earn right now even the cost of capital for the newer A333. And previous majority shareholders we...
by Flanker2
13 May 2020, 20:14
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 620760

Re: Brussels Airlines in 2020

You have to understand German politics first - who is talking/claiming what and how serious this is weighted into the negotiations. The majority in the federal gvmt is led by the conservatives - and they have not only Merkel but also the economics minister, a loyal of Angela. The position of this p...
by Flanker2
13 May 2020, 12:21
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 620760

Re: Brussels Airlines in 2020

Indeed, there are some similarities to Austrian and the position of the local government in Vienna. The questions is rather - are the Belgian and Austrian states not trying to oversqueeze and thus damaging their position? Let's look at the situation without patriotic aspects and (un)likes towards S...
by Flanker2
12 May 2020, 20:08
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 620760

Re: Brussels Airlines in 2020

Flanker for manager! Have more planes flying around empty for the next couple of years. What a great idea. Why announce a 3-year plan when you don't have the funds to stay afloat for the next 3 weeks? So it's either a stupid attempt at arm-twisting by LH, or political manipulation by LH and governm...
by Flanker2
12 May 2020, 19:39
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 620760

Re: Brussels Airlines in 2020

Today's announcement of job and fleet cuts are really an amateur move, it was not necessary to announce this at this time, when so many things are still fluid, unless it's an orchestrated plot to get both the money and job cuts and make this look acceptable politically. Flanker for manager! Have mo...
by Flanker2
12 May 2020, 19:31
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 620760

Re: Brussels Airlines in 2020

As long as SN isn't in liquidation, the current government proposal is more than adequate (100.000 EUR per staff member, 35 EUR per inhabitant :shock: ), so they can sit on that and watch if Germany will give LH the 9 Billions. If LH get the 9 Billions, the Belgian government can keep the offer on t...
by Flanker2
12 May 2020, 13:41
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 620760

Re: Brussels Airlines in 2020

In principle, people on furlough / temporary unemployment can just stay there until demand is restored, so no need at all to fire them, it costs the airline very little to do so. There is hence no excuse for firing people, as long as everybody agrees to be partially on government payroll and have le...
by Flanker2
11 May 2020, 11:08
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 620760

Re: Brussels Airlines in 2020

As for SN, if they follow my suggestion, get 3 billions from the Belgian government to rebuild a proper airline like Italy is doing with Alitalia, it will be most of all at the expense of AF and KLM, and they're gonna ${(*% their pants. KLM and AF have taken advantage of SN's weakness all this time...
by Flanker2
10 May 2020, 21:35
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 620760

Re: Brussels Airlines in 2020

I'm going to repeat it again and over again if necessary. This is the time for SN to cut ties with Lufthansa. AF/KL would welcome your thoughts. They would be greateful if they can have the whole area from The Netherlands till France for themselves. If Merkel says no to Spohr's demands, the company...
by Flanker2
10 May 2020, 21:21
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 620760

Re: Brussels Airlines in 2020

Patriotic approaches are not bad in their own but they are not realistic to market realities and an open skies Europe. It's nice to have big dreams on long haul, but the reality is that this work typically in alliance internal JV's. And the alliances are built around big founding members from each ...
by Flanker2
10 May 2020, 13:15
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 620760

Re: Brussels Airlines in 2020

I'm going to repeat it again and over again if necessary. This is the time for SN to cut ties with Lufthansa. The problem is not Lufthansa but Carsten Spohr. We have a very different Lufthansa today than when Gustin negotiated the sale with Wolfgang Maryhuber. Maryhuber is the one who came up with t...