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"Roland Perry" wrote in message
In message , at 09:53:37 on Mon, 12 Oct 2009, Recliner remarked: BmiBaby fly that route, but only at weekends, and at entirely the wrong times of day. So I'll be "forced" to use Luton again, I suppose. I wonder how long bmibaby will remain in existence? They are currently adding planes and routes at East Midlands. I assume Lufthansa will sell it off, give it away or shut it down at the earliest possible opportunity. They've owned it (80% rather than just 30%) for a year now, so FSVO "early". But there are rumours it might be sold to FlyBE. No, it's not owned it for a year. Lufthansa took full control just days ago, and only acquired majority control as recently as July, after settling the court case with Bishop. Consequently, I think it's safe to say that bmi is still running under its old business plan. For example, Wolfgang Prock-Schauer, the new Lufthansa-appointed bmi CEO will not assume the role until 1 December. Clearly, Lufthansa would like to sell most or all of bmi, probably in multiple pieces, and bmibaby is probably the least valuable part. If no-one wants to pay anything for the heavily loss-making bmibaby, Lufthansa may just shut it down. After all, Flybe could open any of bmibaby's routes that it fancies without paying for the privilege, and it operates a different fleet to bmibaby. It's not as if bmibaby owns any valuable slots. |
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