FlyerTalk Forums - View Single Post - Could IAG/BA takeover Virgin like they did with bmi?
Old Apr 18, 2020, 8:43 pm
  #5  
SKRan
 
Join Date: Apr 2008
Programs: Confirmed
Posts: 1,091
Originally Posted by BAeuro
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.
I’m sure there are BA slots at LHR that is kept by flying to a not so profitable destination.

Integrating cost for VS would outbalance the benefits surely. Slots can be bought from any airline.

If VS is such a loss maker, why take it over? Buy some slots from another failing airline and operate excess aircraft if desired.
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