IAG, British Airways & Niki
Jan 23, 2018, 9:08 am
#61
Join Date: Jul 2011
Posts: 1,663
“We cannot help but feel a bit dismayed that while the creditors’ committee’s decision may be the most advantageous for them, they are doing the airline itself a disservice,” said Berenberg analysts in a note to clients.
Jan 23, 2018, 9:15 am
#62
Join Date: Dec 2009
Location: Flatland
Programs: AA Lifetime Gold 1MM, BA Gold, UA Peon
Posts: 6,111
Quite so. The change of jurisdiction to Austria was also quite self-serving.
Jan 23, 2018, 10:06 am
#63
Join Date: May 2012
Location: Munich, Algarve, Sussex or S.F Bay Area
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How this decision came about does smell a little fishy, however, when Lauda Air existed many moons ago, it was one of the best airlines in Europe. The industry is very different now, but I wish Niki all the best. Competition to Lufthansa Group in VIE is very welcome.
Jan 23, 2018, 11:45 am
#64
Moderator: Lufthansa Miles & More, India based airlines, India, External Miles & Points Resources
Join Date: Dec 2002
Location: MUC
Programs: LH SEN
Posts: 48,186
Lauda clearly said he regretted making Lauda Air so luxurious and would do things differently when starting Niki (v 1.0) to stay with the times. The pitch on Niki aircraft was knee crushingly bad. Don't hold your breath for Niki v 2.0...
Jan 23, 2018, 12:09 pm
#65
Join Date: Jul 2014
Location: Wedged somewhere between BTS and VIE ✈
Programs: Star Alliance Gold (A3 Gold), Oneworld Emerald (BA Gold), Hilton Diamond
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Really? I never felt that the seat pitch on NIKI was any worse than the others. Certainly no worse than Iberia Express or Vueling.
Jan 23, 2018, 4:40 pm
#66
Join Date: May 2012
Location: Munich, Algarve, Sussex or S.F Bay Area
Programs: Mucci, BA Gold, A3*Gold, AA Plat, HH Gold, IHG Plat Amb, Marriott Plat
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I never really had a problem with Niki 1.0 and was a great fan of Lauda Air, but I also have no illusions here. The market has moved on and apparently passengers make their travel decisions based on price alone. I still feel free to buck that trend and fly who I like at a price I feel fits the service. The general Y seat pitch on Niki was still better than the current BA.
Jan 23, 2018, 11:58 pm
#67
Moderator: Lufthansa Miles & More, India based airlines, India, External Miles & Points Resources
Join Date: Dec 2002
Location: MUC
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Jan 24, 2018, 2:31 am
#69
Join Date: Jul 2014
Location: Wedged somewhere between BTS and VIE ✈
Programs: Star Alliance Gold (A3 Gold), Oneworld Emerald (BA Gold), Hilton Diamond
Posts: 6,338
So you're talking about one particular aircraft? For what it's worth all the E190s that I've flown in have been a tight fit!
I always enjoyed flying NIKI, so the seat pitch was obviously not an issue....certainly not 'knee crushingly bad'!
I always enjoyed flying NIKI, so the seat pitch was obviously not an issue....certainly not 'knee crushingly bad'!
Jan 24, 2018, 6:17 am
#70
Join Date: Nov 2016
Location: Berlin, TXL
Programs: OW Emerald, *A gold, Skyteam elite plus, Hilton gold, SPG gold
Posts: 339
actually the operating ting cost of Niki were way lower compare to AB or germanwings
Jan 25, 2018, 12:56 pm
#71
Moderator: Lufthansa Miles & More, India based airlines, India, External Miles & Points Resources
Join Date: Dec 2002
Location: MUC
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Austrian press said they paid 50million €. Holy cow.
https://aktien-portal.at/m/mobile_boerse_news_wien.html?n=50000
https://aktien-portal.at/m/mobile_boerse_news_wien.html?n=50000
Jan 25, 2018, 1:52 pm
#72
Join Date: Jul 2011
Posts: 1,663
Austrian press said they paid 50million €. Holy cow.
https://aktien-portal.at/m/mobile_bo...n.html?n=50000
https://aktien-portal.at/m/mobile_bo...n.html?n=50000
Jan 25, 2018, 2:38 pm
#73
FlyerTalk Evangelist
Join Date: Aug 2002
Location: London
Programs: Mucci. Nothing else matters.
Posts: 38,644
Austrian press said they paid 50million €. Holy cow.
https://aktien-portal.at/m/mobile_bo...n.html?n=50000
https://aktien-portal.at/m/mobile_bo...n.html?n=50000
Jan 25, 2018, 11:27 pm
#74
Join Date: Jul 2014
Location: Wedged somewhere between BTS and VIE ✈
Programs: Star Alliance Gold (A3 Gold), Oneworld Emerald (BA Gold), Hilton Diamond
Posts: 6,338
Why? Perhaps that's what it was worth.
As I said earlier, you can bet that Willie and friends only wanted NIKI because they thought they were getting it on the cheap. They had never planned to buy it, it was never in their strategy.
Personally I'm glad that they never got their hands on it. The first thing they'd have done was dump as many employees as possible.
I say good luck to Lauda, he's a clever man who I believe has a passion for what he does and cares about the people he works with.
As I said earlier, you can bet that Willie and friends only wanted NIKI because they thought they were getting it on the cheap. They had never planned to buy it, it was never in their strategy.
Personally I'm glad that they never got their hands on it. The first thing they'd have done was dump as many employees as possible.
I say good luck to Lauda, he's a clever man who I believe has a passion for what he does and cares about the people he works with.
Jan 26, 2018, 12:11 am
#75
Join Date: Sep 2014
Location: Brexile in ADB
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Time will tell if Lauda was clever or not. Niki has not been operating for several weeks now and I would imagine will require significant investment to get it back to where it was. I don't think the deal actually includes the aircraft which judging from the IAG bid were leased.
Still competition is to be welcomed by the consumer,
Still competition is to be welcomed by the consumer,