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IAG Buying Norwegian?

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Old 04-13-2018 | 07:53 AM
  #11  
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I hope all the contract employees are shown the door immediately.
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Old 04-13-2018 | 07:59 AM
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Originally Posted by MasterOfPuppets
I hope all the contract employees are shown the door immediately.
They are... but not immediately... this is... the door to Ops... the door to the ramp... Main Entry door to the jet... the cockpit door... the door to the biffy... That help MOP?
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Old 04-13-2018 | 08:10 AM
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Originally Posted by captjns
They are... but not immediately... this is... the door to Ops... the door to the ramp... Main Entry door to the jet... the cockpit door... the door to the biffy... That help MOP?
Makes sense anyone who thinks working for NAI is a good idea probably needs to be shown what a door looks like and how they operate.
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Old 04-13-2018 | 11:01 AM
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My bet is that IAG is looking at this from a couple of angles:

1) allows them to get their hands on the actual financials if Norwegian decides to play nice, which depending on their debt covenants is a possibility.

2) allows them to secure 787’s immediately, which depending on the financials may be an attractive proposal. If the financials are truly terrifying, they may still be able to get the 787’s by working new finance agreements on them.

3) would give them additional AOC’s in Norway, Ireland, the UK, and Argentina.

Number three is my bet, and it’s bad news for everyone on this side of the pond. IAG has the capital to actually make a sustained run at the flag of convenience model, and they may feel behind the curve already based on Lufthansa’s overall holdings.

TL/DR: I hope any takeover is blocked and Norwegian is allowed to wither on the vine.
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Old 04-13-2018 | 11:01 AM
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IAG also owns Aer Lingus and others, I dont see Aer Lingus being run into the ground.
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Old 04-13-2018 | 11:07 AM
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Originally Posted by lgaflyer
IAG also owns Aer Lingus and others, I dont see Aer Lingus being run into the ground.
This.

Regarding IAG’s structure, from Wikipedia:

Qatar Airways is a minority shareholder, and held 20.01% of the shares on 29 July 2016.

Divisions, subsidiaries and franchises:
The structure of the main operating companies is:

Republic of Ireland: Aer Lingus
Republic of Ireland: Aer Lingus Regional (franchise)
United Kingdom: British Airways
United Kingdom: BA CityFlyer
France: OpenSkies
South Africa: Comair (18% stake)
Denmark: SUN-AIR (franchise)
Spain/United Kingdom: IAG Cargo (merger between Iberia Cargo and British Airways World Cargo)
Spain: Iberia
Spain: Air Nostrum (franchise, trading as Iberia Regional)
Spain: Iberia Express
Spain: Level
Spain: Vueling
Avios Group (operates the IAG frequent-flyer programme)
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Old 04-13-2018 | 11:09 AM
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Originally Posted by lgaflyer
IAG also owns Aer Lingus and others, I dont see Aer Lingus being run into the ground.
IAG bought BMI in April of 2012, transferred the entire fleet to BA and the airline was dead by October.

If they played their cards right, IAG could probably buy Norwegian, let it go bankrupt and restructure the debt - Getting a killer deal on 787's for BA.
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Old 04-13-2018 | 11:36 AM
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Originally Posted by MasterOfPuppets
Makes sense anyone who thinks working for NAI is a good idea probably needs to be shown what a door looks like and how they operate.
What makes your pride of the skies so wonerful to work for? From what Ive read on the UAL section, your airline doesn’t seem to be beer and skittles.

Now, MOP, in your own words, no rhetoric mind you... why do you think NAI, other than low pay, isn’t such a great place to work for.
Again, you need to share with us your own experiences, and not form the 7-11 cashier’s working experience with them.

How did you find the training at NAI?
How did you find the condition of the aircraft when you flew for NAI?
Layover hotels provided by NAI?

Please enlighten this forum.
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Old 04-13-2018 | 11:53 AM
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Originally Posted by sailingfun
Google Carl Icahn and TWA. Then google Frank Lorenzo and Eastern Airlines!
TWO that will never own an airline again
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Old 04-13-2018 | 11:57 AM
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Originally Posted by captjns
What makes your pride of the skies so wonerful to work for? From what Ive read on the UAL section, your airline doesn’t seem to be beer and skittles.

Now, MOP, in your own words, no rhetoric mind you... why do you think NAI, other than low pay, isn’t such a great place to work for.
Again, you need to share with us your own experiences, and not form the 7-11 cashier’s working experience with them.

How did you find the training at NAI?
How did you find the condition of the aircraft when you flew for NAI?
Layover hotels provided by NAI?

Please enlighten this forum.
Can I play?

Also, for clarity, are we just talking about NAI? Or can we talk about NAS, NAL, NAA, and NAU too in the conglomerate sense? Asking because some people like to play that game. Let’s just call it “Norwegian”. Deal? Deal.

I don’t care about the training. European knowledge and medical standards are generally far more rigorous than the ones we deal with in the US.

I don’t care about the layover hotels.

The aircraft are probably beautiful, since most of them are brand new.

If you read my post history, I don’t believe I have ever discussed the safety of the airline, the professionalism of the crews, or the maintenance.

That isn’t what this is about. It’s about protecting the jobs and standard of living for pilots here in the United States. Norwegian playing by the rules. I want those rules to change. Preferably in a way that excludes them, and the other carriers that will follow, from the US market.
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