FlyerTalk Forums - View Single Post - Could IAG/BA takeover Virgin like they did with bmi?
Old Apr 18, 2020, 8:37 pm
  #4  
BAeuro
 
Join Date: Oct 2018
Location: London, UK
Programs: BAEC
Posts: 3,440
Originally Posted by UKtravelbear
You seem to forget that DL own 49% of VS they are unlikely to allow VS to fold if they can help it and do so at minimal cost.

VS could just sell it’s slots to DL or AF-KL and that would prevent IAG getting their hands on them.

And would BA want to cede LH at Gatwick to the likes of Norwegian? Probably not. Gatwick has a particular market of its own and many people won’t go to LHR.
I agree but Delta aren’t going to keep pumping money into VS if it becomes unviable and costs them their profits. Lufthansa had a big stake in bmi and were financially sound yet they sold off the business when they decided it was a lost cause.

I agree LGW has a different market, hence the overlapping of some flights (NYC, LAS, AMS) but I’m sure there are routes at LGW which BA would prefer to be at LHR.
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