Search found 483 matches

by Yuqu12
28 Apr 2020, 10:19
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 604055

Re: Brussels Airlines in 2020

I'm just quoting him. But with a minority government of only 38 seats out of 150 in the Parliament and 2 liberal parties, I'm not surprised that this scenario circulates as they were also part of the government during the bankruptcy of Sabena. The ideal scenario would be an agreement between the gov...
by Yuqu12
28 Apr 2020, 09:43
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 604055

Re: Brussels Airlines in 2020

Interesting to read the twitter of Riad Bahri, author of the VrtNws article: government wants minority of shares for the loan, LH refuses this. Government is also investigating the scenario of letting SN go bankrupt in order to start something new/smaller. Bernard Gustin's name would circulate in th...
by Yuqu12
07 Apr 2020, 13:10
Forum: Latest aviation news
Topic: Impact of the coronavirus crisis on aviation
Replies: 1249
Views: 474035

Re: Impact of the coronavirus crisis on aviation

The insurance requirement would not fall under Reg. 261/2004 but under Reg. 785/2004 (on the Insurance Requirements for Air Carriers and Aircraft Operators).
by Yuqu12
07 Apr 2020, 11:04
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 604055

Re: Brussels Airlines in 2020

EU law will prevail. The Commission has issued a document on the interpretation of passenger rights during this coronacrisis not that long ago which confirms that airlines can offer now vouchers and re-bookings, but consumers still have and still will have the right to ask for a refund of their tick...
by Yuqu12
02 Apr 2020, 15:47
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 604055

Re: Brussels Airlines in 2020

It may be indeed that SN hasn't always been profitable, but it is also useful to look a little bit further being the government. If they take over SN, it may cost money as long as they aren't profitable but the negative economic consequences of SN going bankrupt will cost probably even more. I just...
by Yuqu12
02 Apr 2020, 13:58
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 604055

Re: Brussels Airlines in 2020

True, but the banks had the possibility to pay back at their own pace, so I don't really see why an airline wouldn't receive the same opportunity. You can build guarantees there as well, like make it obligatory for airlines to repay the government if they make from the profit of the previous year. I...
by Yuqu12
02 Apr 2020, 13:43
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 604055

Re: Brussels Airlines in 2020

@sean1982: if and when the governmen/Belfius decides to invest in SN, they'll certainly impose conditions like with the banks in 2008. The most important thing in the aviation sector is to keep the biggest airline of the second biggest employer of SN alive. If that succeeds, the government can still...
by Yuqu12
02 Apr 2020, 13:21
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 604055

Re: Brussels Airlines in 2020

It may be indeed that SN hasn't always been profitable, but it is also useful to look a little bit further being the government. If they take over SN, it may cost money as long as they aren't profitable but the negative economic consequences of SN going bankrupt will cost probably even more. I just ...
by Yuqu12
02 Apr 2020, 12:35
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 604055

Re: Brussels Airlines in 2020

It is logic to save the biggest airline in Belgium. It is the biggest player at Brussels Airport which is the second biggest employer of the country. And as already said before, it seems unlikely that the gap of Brussels Airlines falling away will be filled immediately. I think the cost of taking ov...
by Yuqu12
16 Mar 2020, 16:09
Forum: Latest aviation news
Topic: Impact of the coronavirus crisis on aviation
Replies: 1249
Views: 474035

Re: Impact of the coronavirus crisis on aviation

For me it seems rather logic to do as much as possible to help all Belgian airlines. First of all, they guarantee quite some direct and indirect benefits to the Belgian economy. Secondly, why would the government only help restaurants and hotels in Belgium if there aren't any Belgian airlines bringi...
by Yuqu12
16 Mar 2020, 15:41
Forum: Latest aviation news
Topic: EC Regulation 261/2004: news & court verdicts
Replies: 95
Views: 60818

Re: EC Regulation 261/2004: news & court verdicts

What exactly do you mean with this question? Do you mean that coronavirus could be seen as extraordinary circumstance so that compensation does not have to be paid? Or do you mean that compensation does not have to be paid in extraordinary circumstances other than coronavirus? In my opinion, coronav...
by Yuqu12
09 Mar 2020, 16:48
Forum: Latest aviation news
Topic: EC Regulation 261/2004: news & court verdicts
Replies: 95
Views: 60818

Re: EC Regulation 261/2004: news & court verdicts

If I'm not mistaken, there is also a regulation or directive on passenger rights for passengers taking the train. Maybe it says something on the rights you have?
by Yuqu12
13 Feb 2020, 16:53
Forum: Latest aviation news
Topic: EC Regulation 261/2004: news & court verdicts
Replies: 95
Views: 60818

Re: EC Regulation 261/2004: news & court verdicts

I checked the amendment of 2013 concerning Reg. 261/2004. In the Annex to it, I found the following: Annex: non-exhaustive list of circumstances considered as extraordinary circumstances for the purposes of this Regulation 1. The following circumstances shall be considered as extraordinary: ... vii....
by Yuqu12
12 Feb 2020, 15:48
Forum: Latest aviation news
Topic: EC Regulation 261/2004: news & court verdicts
Replies: 95
Views: 60818

Re: EC Regulation 261/2004: news & court verdicts

Quite strange to read such a decision as this seems contrary to the ruling of the CJEU in the Krüsemann/TUIFly-case, where the CJEU stated: "Article 5(3) of Regulation (EC) No 261/2004 (...) read in the light of recital 14 thereof, must be interpreted as meaning that the spontaneous absence of ...
by Yuqu12
10 Feb 2020, 16:00
Forum: Latest aviation news
Topic: Norwegian in 2020
Replies: 51
Views: 21674

Re: Norwegian in 2020

A court in England once ruled that trading of slots is possible, hence my reaction. If they have the option to do so, it seems strange not to do so.
by Yuqu12
07 Feb 2020, 23:38
Forum: Latest aviation news
Topic: Norwegian in 2020
Replies: 51
Views: 21674

Re: Norwegian in 2020

I don't understand why they would return them knowing it is so hard to get them and how valuable they are. I wonder whether leasing them to another airline wouln't have been a better option
by Yuqu12
06 Feb 2020, 16:37
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 1738
Views: 604055

Re: Brussels Airlines in 2020

6 times a week, no flight on Thursday this week. Next week no flight on Tuesday.
by Yuqu12
15 Jan 2020, 12:41
Forum: Plane spotting - Belgium
Topic: BRU 15/01/2020
Replies: 6
Views: 1116

Re: BRU 15/01/2020

When is the A343 16-02 leaving?
by Yuqu12
22 Dec 2019, 14:23
Forum: Latest aviation news
Topic: Alitalia saved by the Government and reborn as ITA Airways
Replies: 861
Views: 476146

Re: Alitalia near bankruptcy. Can it be saved?

Should we believe that or have a good laugh? I don't think the fact that thousands of people might be losing their job is worth the question. Whether it's true or not, those who risk their job are not laughing at all. Those who laugh with this are selfish idiots. Nobody laughs with the employees, b...
by Yuqu12
24 Nov 2019, 12:42
Forum: Latest aviation news
Topic: Transavia to fly from BRU with 2 Boeing 737s in Summer 2020
Replies: 68
Views: 18776

Re: Transavia to fly from BRU with 2 Boeing 737s in Summer 2020

With Brussels Airport still holding shares and the fact that one airline would receive benefits that other airlines don't receive, it's hard to deny that this wouldn't be State aid.