DL to buy 10% of AFKL and AFKL to buy 31% of VS
Jul 27, 2017, 7:52 pm
#47
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Exactly my thoughts. I am not so sure this AF/KL marriage will last. We know KL is not happy since they are the "profitable" side for a long time. And as per Dutch law they are to be run as a separate entity ( personally never understood this setup ). But what do I know.
Last edited by Exleftseat; Jul 27, 2017 at 8:12 pm
Jul 27, 2017, 8:08 pm
#48
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Jul 27, 2017, 8:20 pm
#49
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Exactly my thoughts. I am not so sure this AF/KL marriage will last. We know KL is not happy since they are the "profitable" side for a long time. And as per Dutch law they are to be run as a separate entity ( personally never understood this setup ). But what do I know.
Jul 27, 2017, 8:32 pm
#50
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I understand. However, it has been KL who has been the profitable arm of this merged body, while AF has struggled. Not sure how this could be detangled. Maybe or probably it lives on forever, regardless of Dutch feelings. Surely it is a marriage of two very incompatible partners.
Jul 27, 2017, 8:56 pm
#51
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I understand. However, it has been KL who has been the profitable arm of this merged body, while AF has struggled. Not sure how this could be detangled. Maybe or probably it lives on forever, regardless of Dutch feelings. Surely it is a marriage of two very incompatible partners.
But, regardless, whining about other divisions or "corporate" is as old as the corporation itself and I think folks are reading too much into normal office politics.
Jul 27, 2017, 9:03 pm
#52
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According to the e-mail I got from Virgin today, they are touting the onward connections beyond the UK on KLM and AF as well as access to all the skyteam lounges.
I just can't bring myself to long after any connections in the UK to get to mainland Europe.
I just can't bring myself to long after any connections in the UK to get to mainland Europe.
Jul 27, 2017, 9:05 pm
#53
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All SkyTeam lounges? Not just AF/KL? That pretty much confirms SkyTeam membership.
Jul 28, 2017, 1:25 am
#54
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Jul 28, 2017, 1:28 am
#55
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AF and KL were cut out of the DL/VS joint venture, and you must know that UK to US is the most lucrative of all transatlantic markets. So now AF and KL will finally get what they have been salivating over for the last several years - a slice of DL's UK-US market.
(That said, VS is forecast to plunge back into the red this year).
(That said, VS is forecast to plunge back into the red this year).
Jul 28, 2017, 1:41 am
#56
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Originally Posted by Crikey
Branson owns 10 percent of Virgin Australia Holdings, alongside one fifth stakes held by Singapore Airlines, Etihad, HNA and Nanshan Group.
Jul 28, 2017, 2:08 am
#57
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AF and KL were cut out of the DL/VS joint venture, and you must know that UK to US is the most lucrative of all transatlantic markets. So now AF and KL will finally get what they have been salivating over for the last several years - a slice of DL's UK-US market.
(That said, VS is forecast to plunge back into the red this year).
(That said, VS is forecast to plunge back into the red this year).
Jul 28, 2017, 2:10 am
#58
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Especially since excluding CDG/AMS, it means yet one more connection.
Jul 28, 2017, 5:39 am
#60
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There are some rumors stating that 9W also might participate. In exchange they will sell a part of 9W to Delta. That's gonna be intresting since Etihad already owns 24% of 9W (and the max% allowed in foreign hands is 49%)