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Old November 30th, 2017, 11:14 AM   #581
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By:www.ft.com
Lufthansa must offer EU concessions to seal Air Berlin deal
Quote:
Lufthansa must offer significant concessions to win Brussels’ early approval of its Air Berlin purchase, a deal that regulators fear is likely to hurt competition and increase prices.

In October, the German group agreed to buy half of Air Berlin’s assets for an estimated €210m. The assets include Niki, Air Berlin’s Austrian holiday airline; its regional carrier LGW; and 20 other aeroplanes.

The deal would create high market share and even monopolies on some routes, said Margrethe Vestager, Europe’s competition commissioner in an interview with German newspaper Frankfurter Allgemeine Zeitung last month. EU regulators are concerned that the move will increase prices and cut consumer choice.

German airline ticket prices have risen significantly since Air Berlin was forced into insolvency in August, according to the German Business Travel Association (VDR).

To win permission for the deal, Lufthansa will probably need to sell some routes, and possibly even all of Niki, according to two people familiar with the case.

It must provide clear-cut solutions to all the commission’s concerns if it hopes to gain approval this year, according to those people. Lufthansa has until midnight on Thursday to make its offer to Ms Vestager.

In an interim decision, regulators said that the deal “likely threatens competition” within the European Economic Area

“The companies overlapped on more than 100 routes, with combined market shares above 60 per cent on around half of those routes, including the creation of monopolies in a number of cases,” it wrote. They also worried that “strong positions at congested [German, Austrian and Swiss] airports . . . [may] raise barriers to entry for competitors”.

Lufthansa has been party to 15 deals that have been required EU approval since 2000.

The commission will be using a well-established process, looking at many of the same routes that were examined in 2005 when Lufthansa bought Eurowings, according to people familiar with that case.

The main difference is that officials are likely to insist on an upfront buyer for the slots that Lufthansa will sell, which was not the case in the Eurowings case.

Assuming an offer is made, the EU will have until December 21 to either approve the transaction with the promised changes or launch an in-depth probe, which would delay the deadline to late spring 2019.

Complex cases can be approved without an in-depth investigation. Two recent examples are AB InBev’s merger with SABMiller, and Holcim’s acquisition of Lafarge.

In addition to Lufthansa, EasyJet, British Airways owner IAG and Condor, a subsidiary of Thomas Cook, also bid for parts of Air Berlin in September.

EasyJet won part of the airline’s operations at Tegel airport, Berlin. Lufthansa received special permission from Brussels in late October to temporarily assume some of Air Berlin’s leases, and a €150m loan guarantee was provided by the German state.

Ryanair complained about the process to both German and EU competition officials and did not bid for Air Berlin assets.

“By the time the collapse was announced, the negotiations with Lufthansa were clearly already advanced. We had no confidence there would be an open and transparent [bidding] process for the assets,” Ryanair said.

Lufthansa declined to comment. Condor said: “The dominant position that Lufthansa is seeking to further increase can only be allowed after an in-depth investigation and with the strictest possible remedies”.

The commission said that its investigation was ongoing and it could not prejudge the outcome.
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Old December 12th, 2017, 09:10 PM   #582
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Airline consolidation creates pressures for Europe's airports
Excerpt

BERLIN, Dec 12 (Reuters) - A wave of consolidation among European airlines is creating pressure on the region’s airports because it gives carriers more negotiating power over their hubs, the head of airports association ACI Europe told Reuters.

European airlines have had a turbulent year. Monarch, Air Berlin and Alitalia have entered administration after struggling to compete as air fares fell.

Lufthansa and easyJet are scooping up Air Berlin’s assets and have also both made bids for some Alitalia operations. Meanwhile British Airways has acquired collapsed Monarch’s valuable Gatwick slots.

“Consolidation means less airlines in the market to chase, to serve your airport and open destinations. It also gives airlines more purchasing power, more power to dictate the conditions under which they serve an airport,” ACI Europe head Olivier Jankovec told Reuters.

While budget airlines such as Ryanair were already more flexible in shifting business to and from airports, the creation of big airline groups with multi-hub operations - IAG, Air France-KLM and Lufthansa Group - means traditional airlines can now also go elsewhere, he said.

For example, Lufthansa this year upped pressure on Fraport , the operator of its main base in Frankfurt, by moving some of its A380 superjumbos to Munich.

“An airport cannot move, an airline can move to another location. With those three groups emerging in Europe, they all have multi-hub operations so they can play that game,” Jankovec said.

The Air Berlin collapse has left Berlin’s Tegel airport lacking in more lucrative long-haul flights. Jankovec also predicted that Rome Fiumicino could suffer if Alitalia ceased operations or was bought by a rival.

It took Brussels airport traffic 14 years to recover after the collapse of Sabena, he said, while Budapest lost its status as a hub following the demise of home carrier Malev.

Airports can try to woo airlines, however, by making their operations more efficient so that planes spend less time on the ground, thus earning the airlines more money, he said.

More : https://www.reuters.com/article/euro...-idUSL8N1OC1D2
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Old June 6th, 2018, 05:04 AM   #583
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Airlines Have Bigger Nightmare Than Fuel—a Runway Shortage
Bloomberg Excerpt
June 6, 2018

Pity the airlines: fuel prices are soaring, pilots are in short supply and political spats threaten global trade. And worse may be to come.

With global passenger numbers forecast to almost double to 7.8 billion by 2036, runways, airports and even airspace could rapidly become too crowded to cope. In Asia, which will contribute more than half of the extra flyers, many terminals are already full to bursting.

“Infrastructure is a bigger threat to the growth of airlines than the price of oil,” Qatar Airways Chief Executive Officer Akbar Al Baker said in an interview Tuesday on Bloomberg Television. “There is today a capacity shortage of more than a billion passengers across the globe.”

At stake is the $2.7 trillion that the International Air Transport Association estimates the industry contributes each year to the wider global economy, as well as the expansion plans of planemakers such as Airbus SE and Boeing Co. and major airlines spanning British Airways to Dubai-based Emirates and Hong Kong’s Cathay Pacific Airways Ltd.

“It’s not just runways, it’s also taxiing areas, it’s parking stands,” said Rico Merkert, professor of transport and supply-chain management at the University of Sydney’s business school. “In some regions, economies will get slowed down by not having sufficient capacity.”

In Asia, eight of the top 11 terminals are already full, Asian Sky Group said in its 2017 infrastructure report. Of 1,017 airports across the region, Hong Kong faces the most severe constraints, and within the next two years, Beijing, Manila and Singapore will also max out, the study predicts.

“Airports themselves are so congested now, you can’t get slots,” Emirates President Tim Clark said in an interview. “So if you want to come to New York or Los Angeles or Hong Kong or whatever, there are no slots available.”
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Old January 14th, 2019, 06:58 PM   #584
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Telemetry ADS-B global coverage will be fully live by next monday for the first time ever. The Iridium NEXT satellite constellation of 75 low orbit sats is due to be fully commissioned around then.

ADB-S data is what you see on Flightradar24 and its cousins.

You will all be delighted to hear that a free alternative to Flightradar24 with very powerful filtering is now available here.

See this ADBS Exchange Virtual Radar for yourself.

https://global.adsbexchange.com/Virt...r/desktop.html

Menu > Options is the filters.

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Old February 6th, 2019, 06:04 AM   #585
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Lounge hoppers, take note : https://edition.cnn.com/travel/artic...ges/index.html
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Old February 27th, 2019, 12:56 AM   #586
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Brown-nosing by Boeing...

Boeing Nominates Nikki Haley for Election to Board of Directors

https://boeing.mediaroom.com/2019-02...d-of-Directors
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Old February 28th, 2019, 04:41 AM   #587
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Feb 27, 2019
Commercial flights to and from Pakistan, India disrupted as tensions rise
Excerpt

NEW DELHI (Reuters) - Several airlines, including Emirates and Qatar Airways, suspended flights to Pakistan on Wednesday after the South Asian nation closed its air space following heightened tensions with neighboring India.

Etihad, flydubai, Gulf Air, SriLankan Airlines and Air Canada also suspended services to the country and flight tracking portals showed Singapore Airlines, British Airways and others were forced to reroute flights.

Airlines flying over India and Pakistan to Europe, the Middle East and Asia were disrupted and some flights were routed through Mumbai on India’s western coast, so they could head further south and avoid Pakistan air space, an Indian government official told Reuters.

More : https://www.reuters.com/article/us-i...-idUSKCN1QG0NN
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Old March 2nd, 2019, 11:34 AM   #588
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50 years ago: Concorde maiden flight
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Old March 19th, 2019, 06:54 AM   #589
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congrats to all the Airlines of Asia for dominating the top 10!

Asian airlines named the cleanest in the world in Skytrax survey

https://edition.cnn.com/travel/artic...ntl/index.html

Quote:
Japan's ANA All Nippon Airways was named the cleanest airline in the world, as part of the Skytrax World Airline Awards 2018.
The Japanese carrier claimed top spot ahead of Taiwan's EVA Air and South Korea's Asiana Airlines in a top 30 list dominated by Asian companies.
Passengers were asked to rate the standard and quality of aircraft cabins for a global survey conducted by UK-based aviation industry reviewer Skytrax.
Seat areas, tables, carpets, cabin panels and washrooms are all part of the overall score.Japan's ANA All Nippon Airways was named the cleanest airline in the world, as part of the Skytrax World Airline Awards 2018.

The Japanese carrier claimed top spot ahead of Taiwan's EVA Air and South Korea's Asiana Airlines in a top 30 list dominated by Asian companies.

Passengers were asked to rate the standard and quality of aircraft cabins for a global survey conducted by UK-based aviation industry reviewer Skytrax.
Seat areas, tables, carpets, cabin panels and washrooms are all part of the overall score.

Singapore Airlines, Japan Airlines, Cathay Pacific Airways, Qatar Airways, Swiss International Air Lines, Hainan Airlines and Lufthansa make up the rest of the top 10.
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Old July 8th, 2019, 11:11 PM   #590
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Outstanding views when landing at Cuzco Velasco Astete International Airport (CUZ), Peru:



And also awesome views when landing at Cape Town International Airport (CPT), RSA:

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Old July 10th, 2019, 05:10 PM   #591
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France to slap new 'ecotax' on plane tickets from 2020
9 July 2019
Excerpt

PARIS (AP) — France will introduce a new charge on plane tickets from next year, with revenue used to fund environment-friendly alternatives, the country's transport minister said Tuesday.

The "ecotax" costing between 1.50 euros ($1.7) and 18 euros ($20) will apply to most flights departing in France, Elisabeth Borne said.

The only exceptions will be for domestic flights to Corsica and France's overseas territories, and connecting flights that pass through France. It will not apply to flights arriving in France.

Shares in Air France/KLM and budget airlines EasyJet and Ryanair dropped following the announcement.

Industry group IATA, which favors a system that allows airlines to offset their emissions by paying for carbon reduction efforts elsewhere, called the French ticket charge "misguided."

"National taxes will do nothing to assist the aviation industry in its sustainability efforts," IATA spokesman Anthony Concil said, warning that instead of helping airlines invest in cleaner fuels and technology it could end up harming the French aviation industry and jeopardize jobs.

But the move received a cautious welcome from environmental campaigners, who argue that the airline industry needs to curb its greenhouse gas emissions as part of wider efforts to combat climate change.

More : https://www.apnews.com/be0605b81b214502b2fce419869ea09e
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Old July 30th, 2019, 01:15 PM   #592
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TOP 10 World's Busiest Airports Ranking (Yearly Comparison)

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Old August 2nd, 2019, 04:24 AM   #593
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"Licence and registration" says Americas happiest traffic cop.
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Old September 11th, 2019, 04:18 PM   #594
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BREAKINGVIEWS-Asia's airline bazaar will help peers fly higher
Excerpt
By Clara Ferreira-Marques

HONG KONG, Sept 11 (Reuters Breakingviews) - Asia’s hangars are full. At least six carriers are all or partly up for sale, from SriLankan Airlines to South Korea's Asiana. The region may be the biggest driver of new demand globally, but low-cost rivals have eaten into market share, and cooler demand has hurt too. Most will not find a buyer and deserve to shrink or close; the survivors will benefit.

The International Air Transport Association estimates passenger numbers will roughly double in the 20 years to 2037, with Asia accounting for more than half of all new travellers. Budget offerings will fuel much of that growth.

It's no accident that three of those for sale are state-controlled. Malaysia Airlines, SriLankan, Air India are indebted and loss-making, weighed down by inefficient fleets and years of government meddling. None successfully embraced budget travel. And even the sway is gone: Air India is number three at home. Flag carriers still have some luster, perhaps for the likes of Singapore Airlines, which needs to compensate for its lack of a domestic market, or Japan Airlines, hoping for more U.S. traffic.

But Sri Lanka illustrates the depth of the problems: Emirates bought a near 44% stake in 1998, only to walk away a decade later after the relationship with Colombo soured. In 2017, prospective buyers, including private equity firm TPG, said potential returns were just too low. The situation has only worsened: upstart Indian rivals are eating into profitable routes; April bomb attacks, meanwhile, have dragged tourist numbers to their lowest level since the end of the civil war.

Among the few to have found serious suitors is South Korea’s Asiana, with its low-cost subsidiaries, in which a 31% stake is up for sale. Reuters reports bidders include Aekyung, owner of top budget carrier Jeju Air, and hedge fund KCGI, an indirect investor in Korean Air Lines. That could prompt some consolidation at last. It will be harder to find buyers for India’s Jet Airways, now in bankruptcy and HNA's Hong Kong Airlines.

Airlines have proved lucrative investments before: private equity firm TPG, after all, made its name with the 1993 buyout of Continental. But Asia has been brutal, and even in saturated markets like Korea, new budget airlines are still emerging. Buyers should beware.

More : https://www.breakingviews.com/consid...rs-fly-higher/
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Old October 2nd, 2019, 03:44 PM   #595
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Factbox: European airline collapses since 2017
1 October 2019

(Reuters) - Adria Airways is the latest in a string of airlines to have folded in the past few years, leaving thousands of passengers stranded in airports, with a knock-on effect on related industries such as hospitality.

Here is a summary of European airlines that have gone bankrupt since 2017 (in chronological order):

AIR BERLIN

Germany's second-largest airline filed for bankruptcy on Aug. 15, 2017 after shareholder Etihad Airways withdrew funding following years of losses.

The German government granted a bridging loan of 150 million euros ($163.3 million) to allow Air Berlin to keep its planes in the air for three months and secure the jobs of its 7,200 workers in Germany.

In October, Lufthansa agreed to buy parts of the insolvent company. [https://reut.rs/2llUI6P] [https://reut.rs/2lNYlCQ]

MONARCH

Britain's Monarch Airlines collapsed on Oct. 2, 2017, affecting around 900,000 passengers.

Hurt partly by a weakened pound, its finances deteriorated in 2016 after security concerns deterred travel to Tunisia, Turkey and Egypt and brought increased capacity on routes to Iberia.

The company, based at Luton Airport north of London and in business since 1968, became the largest British airline to go bust at the time, adding to turbulence in the European airline industry. [https://reut.rs/2nq1rgD]

PRIMERA AIR

The Danish airline ceased operations on Oct. 1, 2018. Forced to cancel flights earlier that year, citing delays in receiving aircraft from Airbus, it later faced complaints about poor service and late refunds. [https://reut.rs/2lmsRDx]

GERMANIA

Germany's Germania declared bankruptcy on Feb. 4, 2019, after it failed to secure financing to navigate a short-term cash squeeze. [https://reut.rs/2nvZUpp]

Founded in Berlin in 1986, it mainly flew German tourists to more than 60 destinations in Europe, North Africa and the Middle East.

FLYBMI

The UK regional airline ceased operation on Feb. 16, 2019, blaming Brexit uncertainty as one of the reason for its collapse.

It said its prospects had "been seriously affected by the uncertainty created by the Brexit process, which has led to our inability to secure valuable flying contracts in Europe and a lack of confidence around bmi's ability to continue flying between destinations in Europe." [https://reut.rs/2nwj0Md]

WOW AIR

Iceland's WOW air became another budget airline casualty on March 28, 2019 after failed efforts to raise funds, which included merger talks with rival Icelandair.

WOW controlled a quarter of the fast-growing low-cost, long-haul transatlantic market in 2018. The airline's collapse negatively affected Iceland's economy, which was largely dependent on tourism. [https://reut.rs/2CH1KZl] [https://reut.rs/2lT1b9v]

THOMAS COOK

The world’s oldest travel company, Thomas Cook, collapsed on Sept. 23, 2019, sparking the largest peacetime repatriation effort in British history, with about 600,000 people including 150,000 Britons abroad at the time of the collapse.

The company, which failed to secure a deal with creditors or a government bailout, was running hotels, resorts and airlines for 19 million people a year. [https://reut.rs/2mUg5w8]

AIGLE AZUR

The French airline ceased all activities on Sep. 27, 2019 after a commercial court rejected financial rescue offers. Aigle Azur was put under bankruptcy protection on Sept. 2 and halted operations days later, leaving 19,000 passengers stranded. [https://reut.rs/2o2a812]

ADRIA AIRWAYS

Slovenian airline Adria Airways filed for bankruptcy and canceled all flights on Sept. 30, 2019, after grounding most of its flights in the previous week.

Government officials have said European Union rules on state aid prevented the government helping Adria. They added it would also not have helped the company under its current ownership, which they called "irresponsible".[https://reut.rs/2nh5yvL]
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Old October 9th, 2019, 12:38 PM   #596
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one of my favorite youtube channels. They recently released an episode about why so many airlines are going bankrupt.

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