LHs strategy: discussion thread for customers, investors, consultants & armchair CEOs
#766
Join Date: Sep 2004
Location: Southern Bavaria, Germany
Programs: LH Blue, BA Blue, Hyatt Gold
Posts: 1,517
Being immune to economic cycles is IMHO a function depending on the type of passengers attracted. How lower the fares are how more people are able to fly and to enjoy the sounds & sights of the World. On the other hand I am convinced that the lower income groups are much more hurt by recession or an economic bump.
That said every mass market strategy may have advantages in case of the economic upcycle but have the adverse impact in a downwards trend.
That are my ideas which are also valid for cars (see the annual reports of the car makers for the mass markets compared to the premium brands).
#767
Join Date: Aug 2004
Location: OSL/IAH/ZRH (time, not preference)
Programs: UA1K, LH GM, AA EXP->GM
Posts: 38,265
"Incumbent Premium carrier" for NEK's sake!
#768
Join Date: Jul 2010
Location: BSL/FRA or PHL
Programs: LH Miles and More, DL SkyMiles, Bonvoy, Hilton
Posts: 2,335
I have an 18-year-old Honda Transit that sort of fits that description.
Sure, it is a bit rough around the edges, a bit embarrassing to leave with the valet at a nice hotel, and no one likes to ride with me...OTOH, it still runs well, is long since written off, and when we go places with friends, they immediately volunteer to drive.
My wife likes the Ford Kuga or BMW X3, and wants a new car, but I insist we keep the old jalopy a little longer and "save" the costs. It doesn't really bother me that our more marginal friends avoid going out with us these days. I only drive destinations I can't reach with public transportation, and my loyal friends say it really isn't that important that our car is old and tired...what's the problem?
Perhaps I do understand a little bit how the LH management thinks....@:-)
Sure, it is a bit rough around the edges, a bit embarrassing to leave with the valet at a nice hotel, and no one likes to ride with me...OTOH, it still runs well, is long since written off, and when we go places with friends, they immediately volunteer to drive.
My wife likes the Ford Kuga or BMW X3, and wants a new car, but I insist we keep the old jalopy a little longer and "save" the costs. It doesn't really bother me that our more marginal friends avoid going out with us these days. I only drive destinations I can't reach with public transportation, and my loyal friends say it really isn't that important that our car is old and tired...what's the problem?
Perhaps I do understand a little bit how the LH management thinks....@:-)
Last edited by N1003U; Mar 27, 2014 at 2:19 am
#769
Suspended
Join Date: Aug 2008
Programs: Everything is refundable
Posts: 3,727
you are missing the point again; for me EK is much closer to "BMW" than LH, who in many aspects are "Mitsubishi" at best and i couldn't care less whether Sheikh Mohammed bin Rashid al Maktoum, Cinderella or Allah himself make this possible.
so, thanks for feeling sorry for me, but thanks for nothing...
so, thanks for feeling sorry for me, but thanks for nothing...
From the eye of a true business traveler, this is clearly another sign that you are not over your Ex, same with sooo many other posters here, who could not get over the fact that Lufty ditched them...
Again, I am sorry.
#770
Suspended
Join Date: Aug 2008
Programs: Everything is refundable
Posts: 3,727
I still haven't heard why LH is a "premium" carrier compared to the ME3 in anything but name. Quite contrary, the latter are often referred to as "bling" airlines, while LH is still serving me the same Gherkin and Cheddar sandwiches on 350€ intra-EU tickets.
Your Hyundai/BMW analogy would make perfect sense if the price difference was equal to the difference in product quality. It's quite clear, however, that's not the case.
If the LH management really shares the same kind of arrogance about LH's product as you do, then the downfall will be most entertaining to watch.
Your Hyundai/BMW analogy would make perfect sense if the price difference was equal to the difference in product quality. It's quite clear, however, that's not the case.
If the LH management really shares the same kind of arrogance about LH's product as you do, then the downfall will be most entertaining to watch.
Cheddar sandwiches, that' s actually cute...
I strongly recommend to start focusing on the slightly more important parameters that make an airline a high yield carrier, the network, reliability, safety and not so much a shower cabin onboard the A380 or a cheddar sandwich.
Reminds me a bit of travelsig's Top 10 entry, remember SU ex VCE.
Word on the street, Air Serbia is a negotiations with major cheddar producers from Surrey to upgrade their sandwiches. I spoke to one of their Catering guys and according to some market research, they figured out that they will increase their market share by 659%, if they start offering slightly older cheddar on their sandwiches.
#771
FlyerTalk Evangelist
Join Date: Jan 2005
Location: VCE
Posts: 14,165
The only unfortunate outcome of this current strike is that due to the recent announcement of the pilot strike vote a lot of people here (in USA) seem to have confused the two events which unfairly reflects poorly on Lufthansa. Of course I could say they could have been far more effective in communications and in particular with social media and Flyertalk as examples- however I suppose they must have a communication strategy which I just don't understand.
#772
Join Date: Jul 2010
Location: BSL/FRA or PHL
Programs: LH Miles and More, DL SkyMiles, Bonvoy, Hilton
Posts: 2,335
#773
Join Date: Sep 2004
Location: Southern Bavaria, Germany
Programs: LH Blue, BA Blue, Hyatt Gold
Posts: 1,517
Off-topic comment
I have an 18-year-old Honda Transit that sort of fits that description.
[...]
My wife likes the Ford Kuga or BMW X3, and wants a new car, but I insist we keep the old jalopy a little longer and "save" the costs. It doesn't really bother me that our more marginal friends avoid going out with us these days. I only drive destinations I can't reach with public transportation, and my loyal friends say it really isn't that important that our car is old and tired...what's the problem?
[...]
My wife likes the Ford Kuga or BMW X3, and wants a new car, but I insist we keep the old jalopy a little longer and "save" the costs. It doesn't really bother me that our more marginal friends avoid going out with us these days. I only drive destinations I can't reach with public transportation, and my loyal friends say it really isn't that important that our car is old and tired...what's the problem?
I have never understood why so many people are chasing after a new car after 2-4 years just to have the sky-high depreciation of a new car.
Especially if it's their own and they can't offset these costs with lowering the profit position of a company.
Therefore just want to show my respect for your opinion.
#774
Join Date: Oct 2007
Posts: 2,069
Reliability - more strikes in FRA and LH then most other places , you could think
you are dealing with French farmers . Timeliness - thank god for
HON transfer service !
Safety - Yes , stay away from Garuda and a few others and your fine.
Shower cabin - Definitely not required , but a top notch C cabin would be nice.
#775
Join Date: Oct 2007
Posts: 2,069
#776
Join Date: Jul 2010
Location: BSL/FRA or PHL
Programs: LH Miles and More, DL SkyMiles, Bonvoy, Hilton
Posts: 2,335
^ . While I really do have a very old Honda that uses about 12-13 l/100km when I drive with a heavy foot (and uses quite a bit of oil due to what I suspect are highly worn valve bushings), it is safe to say that my response was rather tongue-in-cheek (ironisch gemeint).
#777
Join Date: Dec 2001
Location: hamburg
Posts: 1,390
???
now you lost me completely; i just can not get my head around how you came to this conclusion based on what i wrote:
Quote:
"btw, where does your assumption i am loosing SEN come from ?
whether i like it or not, i am still using LH enough to maintain SEN hands down; currently i am qualified until Feb. 2017 and whether some ignorants would snezze upon my EK status, trust me, that is really of no whatsoever importance to me and if i should ever be happy enough not to fly LH enough to requalify for SEN, my SQ Solitair will still give me *A Gold status anyway. "
Unquote
i am also sorry that sitting in aluminium cans for at least 120 days a year over the last decades is not enough to make me a "real business flyer" according to your high standarts.
anyway, i'm giving up; your "logic" is clearly beyond me...
Last edited by sunseeker; Mar 27, 2014 at 5:56 am
#778
Join Date: Oct 2007
Posts: 2,069
No doubt , but was gum's
#779
Join Date: Aug 2004
Location: OSL/IAH/ZRH (time, not preference)
Programs: UA1K, LH GM, AA EXP->GM
Posts: 38,265
They may be a tad more reliable than BA but that's about it.
#780
Join Date: Sep 2004
Location: Southern Bavaria, Germany
Programs: LH Blue, BA Blue, Hyatt Gold
Posts: 1,517
After the artificial new car smell is away after some weeks only the depreciation remains.
And therefore my comment was really meant in a honest way. If I would have a *fat* bank account I just would book a holiday in China with at least visiting Shanghai and Xi'an.
Instead of a new car I would book nearly the whole 86th floor of a great hotel in Shanghai and enjoy the views.
Back to the thread: You can make an educated guess which airline, class and type of a/c I would choose.