Page 1 of 3 123 LastLast
Results 1 to 10 of 23

Thread: Air Berlin will disappear.

  1. #1
    Bronze
    Join Date
    Jan 2003
    Posts
    1,905
    Post Thanks / Like

    Default Air Berlin will disappear.

    Air aberlin will pass 40 planes to Eurowings, *the rest will be merged with TUI Fly and will be managed by Etihad as a tourist carrier.*

  2. #2
    Gold
    Join Date
    Feb 2007
    Posts
    6,765
    Post Thanks / Like

    Default

    Wrong.

  3. #3
    Gold
    Join Date
    Feb 2007
    Posts
    6,765
    Post Thanks / Like

    Default

    Air Berlin will
    - pass some aircraft (A319/A320) to Eurowings under wet lease/ ACMI arrangement. Flying under Air Berlin AOC. These will be aircraft/routes that are not based out of DUS and BER.
    - pass some other short haul aircraft (A320s) to a new joint venture that will be set up between Etihad and TUI. This JV will also consist of aircraft that currently TUIfly flies and aircraft TUIFly wet leases to Air Berlin (A738s). AB will also place all aircraft currently with it's 100% owned sub Fly Nikki (320s) to the new JV. Fly Nikki will basically disappear as a brand.
    -concentrate on being a network carrier with hubs in DUS and TXL (with future eyes on ever-troubling BER), with reduced fleet but more strengthened operations.
    - Air Berlin will increase long haul flying as the current long haul routes are very profitable for AB.

    There is no information what will happen to long haul leisure routes (such as POP, PUJ, CUN) as the releases only mention short haul leisure routes (such as PMI) going to the new JV carrier between Etihad and Tuifly, and only A320 going to fly wet-leased for Eurowings.

    http://www.airberlingroup.com/en/pre...ng-term-growth
    http://airsoc.com/articles/view/id/5...eisure-airline

  4. Likes beeza, Lobo Tropical, jinty05 liked this post
  5. #4
    Bronze
    Join Date
    Jan 2003
    Posts
    1,905
    Post Thanks / Like

    Default

    Air Berlin will merge with *TUI Fly and it will become a new airline that will serve only short haul flights, 75% will belong to Etihad.*

    Airline is dead already with 1,2 billion Euros debt.*

  6. #5
    Gold
    Join Date
    Feb 2007
    Posts
    6,765
    Post Thanks / Like

    Default

    Quote Originally Posted by aviastar View Post
    Air Berlin will merge with *TUI Fly and it will become a new airline that will serve only short haul flights, 75% will belong to Etihad.*

    Airline is dead already with 1,2 billion Euros debt.*
    You probably cannot read, can you?

    Yes, the airline has a tonload of debt (most of it owed to a shareholder Etihad, so it's an in-house liability) and quite possibly this is a start of a mid-term managed liquidation, but for now it exists and will exist.

    From the press release above:

    Dedicated, focused network carrier will serve higher-yielding markets from Berlin and Dusseldorf, with a core fleet of 75 aircraft, as a leaner, more efficient business (this is for the "will exist part". This will be the future form of Air Berlin)


    Touristic business separated into an independently operating business unit as strategic options are evaluated **


    Up to 40 aircraft to be provided to the Lufthansa Group*, reducing excess capacity while protecting employment and minimising restructuring costs (ACMI lease)


    ** from the second article:
    " ... the new holding company could be based in Austria, with Etihad and TUI each taking a 24.9% stake. The remaining 50.2% is expected to be held by an Austrian foundation .... still-to-be-named airline is planning a fleet of 14 Boeing 737s (currently operated by TUIfly for airberlin under a wet-lease agreement), 27 TUIfly 737NGs, as well as 17 Airbus A320 family aircraft from Austrian airberlin subsidiary FlyNiki...

  7. #6
    Regular
    Join Date
    Oct 2005
    Posts
    453
    Post Thanks / Like

    Default

    TUI fly is in big trouble! they did not fly today at all...left the tourists stranded... the reason the personal and pilots did not go to work because due to "sickness" ...

  8. #7
    Bronze
    Join Date
    Oct 2005
    Posts
    948
    Post Thanks / Like

    Default

    If Air Berlin stops flying to DR that is bad news, there would be less competition and choice. We used to have 3 or 4 carriers flying out of UK to DR (like how it is now from Germany), and now just left with a lousy one or two with reduced flights and inflexible options.

    I sometime wonder if this idea of capitalism sorting itself out with market forces and competition really works with companies merging and buying out each other and then you left with a few that form the cartels and rule the market and abuse their power and the consumer...! You can see it in all businesses these day, look at telecomms.

  9. Likes rubio_higuey, beeza, jinty05, drstock liked this post
  10. #8
    DR1
    Join Date
    May 2000
    Posts
    6,220
    Post Thanks / Like

    Default

    So true… seems to be a business model.

    It works as:

    The big guys to crowd out the small operators offer great rates and attract new customers that previously were buying from the little guys who competitiveness offered good rates. Once they strangle the little guys, they up the rates, and now with the others out of the picture, they are the only option.

    Is also happening in the printing business…*

  11. Likes Uzin liked this post
  12. #9
    Bronze
    Join Date
    Oct 2010
    Posts
    1,676
    Post Thanks / Like

    Default

    Quote Originally Posted by Uzin View Post
    I sometime wonder if this idea of capitalism sorting itself out with market forces and competition really works with companies merging and buying out each other and then you left with a few that form the cartels and rule the market and abuse their power and the consumer...! You can see it in all businesses these day, look at telecomms.
    And beer in the DR

  13. Likes Uzin liked this post
  14. #10
    Gold
    Join Date
    Feb 2007
    Posts
    6,765
    Post Thanks / Like

    Default

    Ad every business / industry you can think of ...

Page 1 of 3 123 LastLast

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •