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Thread: Lufthansa in talks with Etihad to buy parts of AB business
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Old Dec 22, 2016 | 3:35 pm
  #95  
Wtravel
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Originally Posted by Scrooge McDuck
AZ is losing EUR 0.5 million a day. Do you really think LH can either pay for these loses (from what other business units make) or make AZ a profitable business? I do not think so... Yes they were successful with SN, but I think it was because SN merged with low cost Virgin Express (even before LH stepped-in) and adopted VX business practices. I do not see it happening - AZ already merged with profitable Air One and is still losing money.
SN probably also had and has the advantage of relatively stable business/fares, given European Union administration travel to/from Brussels...
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