IAG acquires 4.61% stake in Norwegian
Apr 12, 2018, 5:28 am
#46
Join Date: Jun 2015
Location: LHR, LGW
Programs: BAEC
Posts: 3,418
A very different business model and doesn’t require any fossil fuels therefore not really comparable. We all know that the future is electric vehicles. What we don’t know is the future of airtravel yet or the LCC sustainablilty. The constant squeezing of cost vs prices is incredibly volatile especially if there, as Raffles has said, an oil price hike, an accident or some severe downturn in air travel (terrorism, economic downturn).
Apr 12, 2018, 5:29 am
#47
Join Date: Jul 2014
Location: Edi
Posts: 2,203
That maybe true but at the moment they are the biggest legal ponzi scheme around. They use deposits from the model 3/roadster/semi to pay the costs of making the S/X/3, while losing $2B a year at the same time. They no longer have a monopoly on the EV's so with any luck, they'll die off soon. If there are people happy enough to pump money in to Tesla, they'll be people happy enough to pump money in to Norwegian.
Apr 12, 2018, 5:35 am
#49
Join Date: Oct 2009
Location: Dundee
Programs: BA Plastic. HH Diamond. Speedwell Bar Lifetime Platinum.
Posts: 1,425
Norwegian has been IAGs bogeyman for some time, so if they're gone, who will replace them? The ME3 with their 10 across.
Apr 12, 2018, 5:35 am
#50
FlyerTalk Evangelist
Join Date: Feb 2004
Location: London
Programs: BA, VS, HH, IHG, MB, MR
Posts: 26,871
It is far better, I flew a Swedish domestic 2 weeks go. The 737-8 has the super-large luggage bins so, despite everyone having big bags and huge coats, everything went in OK. No threats to stow bags in the hold. Surprisingly decent leg room. Not the most exciting BOB menu ever but I got a coffee for a couple of quid.
Apr 12, 2018, 6:28 am
#54
Join Date: Mar 2009
Location: UK
Programs: BA Gold / Hilton Diamond / IHG Diamond Ambassador / Marriot Bonvoy Gold
Posts: 2,532
I for one hope this is rejected by regulators. BA need to have greater competition in the UK where they exploit their position of dominance and provide poor products and poorer service.
This would not be good for consumers.
This would not be good for consumers.
Apr 12, 2018, 6:31 am
#55
Join Date: Apr 2011
Location: Scots girl in London
Programs: BAEC Silver
Posts: 257
Apr 12, 2018, 6:37 am
#56
Join Date: Jul 2011
Posts: 1,663
BA operates in one of the most competitive home markets in the world. Not only does it have VS at LHR but it has Easyjet and Ryanair with much higher market share than France or Germany.
Apr 12, 2018, 7:01 am
#57
Suspended
Join Date: Jun 2008
Posts: 2,246
It has far too many slot sitters at LHR.
It has too many cosy JV agreements at LHR.
On many long haul non stop routes it has only one other non JV airline to compete with.
Some routes it has already monopolised such as LHR-CPT.
It has its dominance at LHR well and truly sorted.
Last edited by FlyerTalker39574; Apr 12, 2018 at 7:11 am
Apr 12, 2018, 7:06 am
#58
Join Date: May 2006
Location: 5 miles from EMA
Programs: BD, BAEC Pleb, VS Pleb, Accor Pleb, HHonors Gold, Big White Season Pass
Posts: 5,904
Apr 12, 2018, 7:13 am
#60
Join Date: May 2006
Location: 5 miles from EMA
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