I have been to Brussels, the capital of the small European country of Belgium three times. It is my 14th favourite city out of the 185 cities I have visited across the globe with a population of 100,000+ I have flown out of Zaventem the city’s airport. I have ridden the Brussels metro, enjoyed Belgian food, drink, art and culture. And I am a massive Tintin fan. On Tuesday, at 8am two coordinated bombings at that airport and one at Maelbeek Metro (subway) station at 911am killed 34 people (including the bombers). One airport bomb reportedly exploded near the…
European Union
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The airlines that vanished in 2015
Over 50 carriers failed in 2015. Many of them, frankly won’t be missed. I have flown none of them (and in some cases it seems no one else flew them either!). There were some very long standing airlines that went under and a couple that lasted just a short time including one that had planes in the air for under month. Man dream of being a Richard Branson but for every successful startup there are hundreds of shuttered dreams. To survive, I believe an airline needs to have seven things: A demonstrated diversified real market. “build it…
Etihad finishes Alitalia Due Diligence
Etihad Airways has reportedly finished a due diligence for a possible 40 percent investment in Alitalia. Maurizio Lupi , the Italian transport minister told parliament on Wednesday that Etihad could present its industrial plan for the troubled Italian carrier to the government by the end of this week. The Middle Eastern airline is apparently considering its options which a month ago its’ Chief Executive James Hogan said could swing either way. Etihad has said it will invest in the Italian carrier only if it fits in its network and if Alitalia has a credible plan to return to profit.…
British Airways & Iberia PLUS American?
This week saw the first anniversary of a joint business agreement between American, Iberia and British. Under this agreement, the airlines agreed to co-operate commercially on flights between the United States, Mexico, Canada, the European Union, Switzerland and Norway. The agreement was backed up by anti trust immunity from US and European authorities. Shortly, after the agreement was signed, in January, 2011, Iberia and BA merged into a new company called IAG (international Airlines Group), Europe’s third largest airline group and the sixth largest in the world by revenue. The airlines have combined the strong BA Asian connections with Iberia’s…
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