Originally Posted by number_6
LX was blackballed by BA (after BA got what it wanted out of LX assets -- those LHR slots) precisely because it was a viable alternative hub to LHR.
Actually BA did not get the slots - LX sold them to QF for their 4 x daily flights to Australia (2 x SYD, 2 x MEL). I believe transaction was the greatest amount of money handed over for slots thus far.
Yes, LX was screwed by having to use them as a guarantee, yet they did manage to extract a pretty penny for them.