Would you be so kind to clarify “apparent results” and “flamboyant management “ as I, and probably many others, have no idea what you are talking about?
Search found 897 matches
- 18 Apr 2020, 15:12
- Forum: Latest aviation news
- Topic: Brussels Airlines in 2020
- Replies: 1738
- Views: 624970
- 18 Apr 2020, 15:07
- Forum: Latest aviation news
- Topic: Air Antwerp in 2020
- Replies: 49
- Views: 17825
Re: Air Antwerp in 2020
Yes indeed, and they discontinued it because of disappointing pax numbers.
- 18 Apr 2020, 10:21
- Forum: Latest aviation news
- Topic: Brussels Airlines in 2020
- Replies: 1738
- Views: 624970
Re: Brussels Airlines in 2020
If Belgium bails out SN, it will be through funds from the National Bank, so I think that this appointment is not a coincidence. Something must be brewing indeed, as the change was planned at the general meeting, planned in May, it’s a bit surprising it has been rushed through in the midst of an ex...
- 17 Apr 2020, 20:40
- Forum: Latest aviation news
- Topic: Airline bankruptcies, ceased operations, restructurations
- Replies: 352
- Views: 325272
- 16 Apr 2020, 10:48
- Forum: Latest aviation news
- Topic: Brussels Airlines in 2020
- Replies: 1738
- Views: 624970
Re: Brussels Airlines in 2020
A bit like what Citybird was to Sabena, but directly owned. However, going with something like Birdy would be a royal mistake. Both setups were almost identical in fact: -Citybird damp-leased two MD11s to Sabena. (Sabena pilots seconded to Citybird and damp-leased back, Sabena cabin crew) -Birdy us...
- 10 Apr 2020, 15:28
- Forum: Latest aviation news
- Topic: Norwegian in 2020
- Replies: 51
- Views: 22231
Re: Norwegian in 2020
Bloomberg is not very optimistic about the future of Norwegian, unsustainable growth and past debt (sounds a bell?) are quoted as the biggest reasons why the Norwegian state may not bail them out. https://www.bloomberg.com/opinion/articles/2020-04-09/coronavirus-norwegian-air-shuttle-tries-a-despera...
- 10 Apr 2020, 14:43
- Forum: Latest aviation news
- Topic: Brussels Airlines in 2020
- Replies: 1738
- Views: 624970
Re: Brussels Airlines in 2020
Unfortunately the consolidated loss does matter as, it’s in the books: 90 million plus 40 for 2019. During the years you quote debt went up from 400 to 500 million and 125 million state aid was converted into junk shares The marginal profit was based on unsustainable growth. What sums this thread u...
- 10 Apr 2020, 11:42
- Forum: Latest aviation news
- Topic: Brussels Airlines in 2020
- Replies: 1738
- Views: 624970
Re: Brussels Airlines in 2020
One of Belgium’s leading economists, Geert Noels, is not impressed by the bailout, on Twitter he talks about throwing money away and LH conning the Belgian state a second time. Based on a non-informative article in de standaard? De beste stuurlui staan aan wal. Haters gonna hate, that sums up this ...
- 10 Apr 2020, 10:24
- Forum: Latest aviation news
- Topic: Brussels Airlines in 2020
- Replies: 1738
- Views: 624970
Re: Brussels Airlines in 2020
On another note. Davignon expects support from the state. Pre-liminary figure is 300 million EUR. LH is also at the table with the government. He is expecting to company to shrink 25-30% in order to survive. My personal opinion: after the hostile take over from LH, I hope de government makes a hard...
- 10 Apr 2020, 09:23
- Forum: Latest aviation news
- Topic: Brussels Airlines in 2020
- Replies: 1738
- Views: 624970
Re: Brussels Airlines in 2020
According several newspapers Mr D is confident that the Belgian state will bailout SN, although it will be a shrunk version.
- 09 Apr 2020, 17:58
- Forum: Latest aviation news
- Topic: Air Belgium in 2020
- Replies: 180
- Views: 94993
Re: Air Belgium in 2020
I wonder how Air Belgium will be able to position itself while SN will face hard times after the coronavirus crisis... Strange question, as whilst they’re both airlines, they operate in a completely different market segment. You can’t compare them, but they’ll both struggle to survive for sure, esp...
- 07 Apr 2020, 12:24
- Forum: Latest aviation news
- Topic: Brussels Airlines in 2020
- Replies: 1738
- Views: 624970
Re: Brussels Airlines in 2020
The voucher from SN is not refundable, it’s clear: valid for rebooking till April 2021, full stop. Indeed, because you can also get your money back as an alternative if you're sure you're not going to fly and use the voucher... Or do you have a document stating they will not refund your ticket, lik...
- 07 Apr 2020, 12:10
- Forum: Latest aviation news
- Topic: Brussels Airlines in 2020
- Replies: 1738
- Views: 624970
Re: Brussels Airlines in 2020
Please, for your own sake, stop it: it's getting extrelemy pathetic now…. Romax nailed it: you're just looking for things to make them look bad with and in this case it is clearly backfired because contrary to others, they still handle requests for refunds AND in case a voucher is taken instead, th...
- 07 Apr 2020, 12:04
- Forum: Latest aviation news
- Topic: Brussels Airlines in 2020
- Replies: 1738
- Views: 624970
Re: Brussels Airlines in 2020
SN only specifies "Please be aware that, due to the current extraordinary circumstances, it is not possible to process your refund request within the usual time limits." which is vague yes, but still not a denial of providing customers with a refund. That delay can be 3 months, half a yea...
- 07 Apr 2020, 11:53
- Forum: Latest aviation news
- Topic: Brussels Airlines in 2020
- Replies: 1738
- Views: 624970
Re: Brussels Airlines in 2020
Good to see we have a European constitutionalist amongst us here; the well established legal concept of 'pre-judiciele vragen' to the ECJ can thus be taken out of the treaty of the Europen Union again then. Precedence of European law According to the precedence principle, European law is superior t...
- 07 Apr 2020, 11:50
- Forum: Latest aviation news
- Topic: Brussels Airlines in 2020
- Replies: 1738
- Views: 624970
Re: Brussels Airlines in 2020
back to reality - KLM is not offering me a refund: I can only rebook or take a voucher as you see for yourself on their website; since I have no clue when I'll be able to travel, I took the voucher and will redeem it once the situation becomes clearer. THAT's the reality outside of this forum, sir....
- 07 Apr 2020, 11:39
- Forum: Latest aviation news
- Topic: Brussels Airlines in 2020
- Replies: 1738
- Views: 624970
Re: Brussels Airlines in 2020
back to reality - KLM is not offering me a refund: I can only rebook or take a voucher as you see for yourself on their website; since I have no clue when I'll be able to travel, I took the voucher and will redeem it once the situation becomes clearer. THAT's the reality outside of this forum, sir....
- 07 Apr 2020, 11:02
- Forum: Latest aviation news
- Topic: Brussels Airlines in 2020
- Replies: 1738
- Views: 624970
Re: Brussels Airlines in 2020
I think the situation is that in such a case, KLM will immediately claim before the lower trade court in The N . Don't see what you see as important here to your point: where's my direct refund option? Remember you're the one arguing up until a few minutes ago it is an absolute disgrace it now take...
- 07 Apr 2020, 10:52
- Forum: Latest aviation news
- Topic: Brussels Airlines in 2020
- Replies: 1738
- Views: 624970
Re: Brussels Airlines in 2020
No, you would bring KLM to court as your travel agreement is with KLM not the Dutch Government and they would loose, of course, working for an international company, you know all this. Do I? I think the situation is that in such a case, KLM will immediately claim before the lower trade court in The...
- 07 Apr 2020, 10:19
- Forum: Latest aviation news
- Topic: Brussels Airlines in 2020
- Replies: 1738
- Views: 624970
Re: Brussels Airlines in 2020
the Netherlands have meanwhile legislated as such to avoid any discussion and provide a solid legal basis, meaning KLM is no longer re-embursing any of their clients but rather just rolling over the ticket into a flight voucher, based on a (new?) Dutch law. Refund is European law and as such takes ...