FlyerTalk Forums - View Single Post - LHs strategy: discussion thread for customers, investors, consultants & armchair CEOs
Thread: LHs strategy: discussion thread for customers, investors, consultants & armchair CEOs
View Single Post
Old Jan 16, 2014 | 7:52 am
  #191  
LonLH
10 Countries Visited
20 Countries Visited
30 Countries Visited
20 Years on Site
 
Join Date: Jul 2004
Location: PMI
Programs: BA,LH,CX,EK SPG,IC mainly and a few others
Posts: 1,865
Originally Posted by FD1971
Agreed, but there are more glorious things to do...

Flying the average European backpacker to India losing a few hundred million a year is (maybe) not one of them. Time will tell how long they are willing to pay for it.

Remember, the uneven playing field Weber, Wolf and Franz talk about all the time.
They have been losing more on Al Jazeera and still keep going.
Thehaste happy to sell LNG at 10 dollars mmBTU to Europe rather than at 15 dollars to China to protect their Far East pricing, even though they lose 30-40 million per shipload.
I have been dealing with Al Thanis since 2008 (because you need to deal with them if you deal with Qatar)- they are not going to lose sleep over a couple of billion loss at QR (assuming QR lose money, which I am not sure).
LonLH is offline  
Reply