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[sr2day] 10/5/2020 07:02

Major depression if 20% of our workforce perish.you are right the biggest threat to mankind is mankind itself.

[amaretto1] 10/5/2020 07:01

It's already started in the north Civil unrest will follow

[amaretto1] 10/5/2020 06:59

Really ??? We are heading for mass unemployment ... we are handing money out like confetti Zimbabwe and Argentina said exactly the same

[amaretto1] 10/5/2020 06:53

Do u actually realise what will happen if the economy collapses ??

[sr2day] 10/5/2020 06:39

amaretto1,you are sounding like Boris when he was shaking hands and being defiant.we all know how close he came to say his adieu.

[amaretto1] 10/5/2020 06:13

At Manchester they are starting to prepare planes for flight So who's lieing here ?

[buywell3] 10/5/2020 01:16

British Airways says it may ground all flights.




boris you have to play it safe and see what happens in the USA and elsewhere FIRST




Too hard to tell’ if US travel ban will be lifted this year, says Mnuchin




UK International flights should wait till we see how the USA fare , it is likely they will be first to lift restrictions BUT will Trump wait till after November elections to do so ?

If he lifts early and Covid cases rise due to infected flyers landing in America , then he can kiss his chances goodbye

IMO dyor

[amaretto1] 09/5/2020 22:41

Maybe... Virgin in adminWill see IAG sky rocket !!

[m1k3y1] 09/5/2020 21:13

The FT
UK quarantine plan poses fresh setback for aviation sector

[nw99] 09/5/2020 18:44

Nothing going right for this company

[applepieinthesky] 09/5/2020 18:20

https://ladyjaney.co.uk/12000-brutal-job-cuts-has-british-airways-this-time-gone-too-far/

[waikenchan] 09/5/2020 16:35

hxxps://simpleflying.com/iag-uk-government-aid/

Looks like iag got some goverment cash. I wonder what the terms were or it was just on commercial terms.

[sr2day] 09/5/2020 15:55

this is a pandemic.it does not matter whether Spain has zero deaths.the problem is whether they will risk another surge with travellers from abroad.this is the dilemma facing all tourists hotspots.

[amaretto1] 09/5/2020 13:19

Spain's death toll today .... 129 !U all working it out yet !!

[jailbird] 09/5/2020 12:55

hxxps://onemileatatime.com/etihad-iag-austrian-airlines/

The WHO has classified Coronavirus (COVID-19) as a global pandemic.

Find out what this means for travelers.

TRENDING: Eastern Airlines’ Strange New Domestic Route








Etihad & IAG Interested In Austria Expansion?!
MAY 7, 2020 BY BEN (LUCKY) 23
AUSTRIAN
While I highly doubt this will actually happen in the current environment, the prospect of this is fascinating.

In this post:
Lufthansa Group’s government aid negotiations
Etihad & IAG express interest in Austria
IAG & Austria
Etihad Airways & Austria
Bottom line
Lufthansa Group’s government aid negotiations
Lufthansa Group is one of the “big three” European airline groups, and includes Lufthansa, SWISS, Austrian, Brussels, etc. The airline group has taken a rather hard stance when it comes to negotiating government aid:

In Germany, Lufthansa is doing everything in their power to avoid giving the German government any say in how the airline is run, even if the government takes a multi-billion dollar stake in the airline; Lufthansa was reportedly even considering bankruptcy protection over government funding
In other countries (including Austria, Belgium, and Switzerland), governments have wanted assurance that their respective airlines would grow (or at least not shrink) in exchange for any sort of funding; after all, Austria doesn’t want to give a German company aid, only for Austria’s airline to shrink significantly
Lufthansa Group has been in negotiations with several governments

Etihad & IAG express interest in Austria
Media reports suggest that Etihad and IAG (the parent company of British Airways and Iberia) have separately approached the Austrian government to express interest in expanding there.

They’re not actually looking to take over Austrian Airlines, but rather are clearly trying to signal to the government that they don’t have to be held hostage by Lufthansa Group, as they’d be happy to step in and provide major capacity in the country.

It’s unclear if they’d be looking for government aid to do this, or what exactly the basis of negotiation is.

What could an expansion from either airline in Austria look like? I’m purely speculating, but below is my take.

Could we see Austrian Airlines have more competition soon?

IAG & Austria
In the case of IAG, the airline group has long been looking to expand further east in Europe. IAG’s low cost carrier, LEVEL, already has a base in Vienna. Presumably they’d not only be looking to expand that, but potentially would be looking to go beyond that.

I could see IAG operating long haul flights out of Austria, and also having the airline based there operating as part of the oneworld transatlantic joint venture. That would likely make the airline more premium than LEVEL, though.

At the same time, I can’t help but scratch my head at IAG’s desire to grow in Austria right now, in light of current circumstances. British Airways is cutting thousands of roles, arguing it’s the only way to survive, but is also pondering expansion in a new market in this environment? I guess the planes have to go somewhere, but that still will require some capital…


Maybe Ryanair CEO Michael O’Leary wasn’t that far off when he said the following regarding the big European airlines getting state aid:

“They see this as an opportunity to get one last huge quantity of state aid so they can go around and buy up everyone when this is all over.”

LEVEL already has a base in Austria

Etihad Airways & Austria
In the case of Etihad, well, hmmm. I don’t think there’s an airline in the world with a less successful investment track record than Etihad, between airberlin, Alitalia, Jet Airways, Virgin Australia, etc.

But this wouldn’t even be Etihad taking over an airline, but would rather see Etihad somehow investing in a new Austrian airline (presumably there would be other investors as well, due to foreign ownership laws).

One interesting angle could be that Etihad has way more planes on order than they need, as the airline plans to shrink. I guess they assume they could somehow use these in Austria? But this whole thing still seems exceedingly random.

Without an airline in Austria being part of a major alliance or part of a major joint venture, I’m just not sure I get this…

Etihad is reportedly interested in expanding in Austria

Bottom line
It’s interesting to hear that both Etihad and IAG are allegedly interested in expanding in Austria. This at least gives the Austrian government more leverage when negotiating with Lufthansa Group, as there are alternatives.

At the same time, I’m not sure I totally get how this would materialize, especially in the current environment.

Or who knows, this could just be IAG trying to sabotage Lufthansa Group, and to get Austrian owned as much as possible by the government, in hopes of it derailing the airline.

[jailbird] 09/5/2020 12:53

The the news about quarantine is bad news for the airports

But the reason the Gov never enforced that before is because the country was in lockdown anyway..

[qantas] 09/5/2020 12:40

https://m.youtube.com/watch?feature=youtu.be&v=kLloF1IYmssBA Flatline.Please do your own research as always

[amaretto1] 09/5/2020 12:21

They have plenty of cash to see this thru ...... Liquidity is near 10 billionOil price less than half.Plus being the market monopoly leader... most others will go bust .. IAG will not!!

[m1k3y1] 09/5/2020 12:11

UNITE video about BA redundancies.
Please share

[amaretto1] 09/5/2020 11:39

Same situation 2016 Glencore 80pAnglo American 1.25 The end near .... bla bla bla Mad Cow disease