As mentioned before, my prediction is that LH will not buy at all the remaining 55 % of shares they can acquire.teddybAIR wrote:Article on Flightlevel mentioning that Lufthansa does not plan to buy the remaining 55% stake in brussels airlines in FY2014
The other shareholders made the mistake to give LH till 2017 to exercice their option.
Unless LH's new CEO changes LH's strategy towards SN and asks LH to inject money into b.air so that it can develop its long haul operations and operate new fuel efficient aircraft very soon, b.air will never become profitable and will probably disappear. The new b.air strategy which is being developed to thwart FR at BRU is doomed to fail. Believe me or not. The airline desperately needs investment from (any) of its shareholders to remain competitive on the African market, seize new opportunities and get NEW aircraft that cost less in fuel consumption. Sine qua non (indispensable) conditions to remain alive.
FWIW, just do like I do, whenever I can, I don't fly LH/LX/OS/4U.
I don't care having lost my Miles&More Senator status. Im' now at FTL/Silver level. I enjoy "Flying Blue Silver status" which offers much better privileges for Silver members, btw.
For me it's a question of principle. You don't have to follow my example, of course. Just a suggestion (difficult to follow, I realize, if your company has a corporate contract with LH and/or its subsidiaries).