Another LHR purchase from (a) G B Airways ?

[NewHampshire Black Bears]

I'm reading a "sketchy" report that AA bought a LHR "slot" from an airline named " G B Airlines(or) Airways.

I just read this, mixed into a large article about Alitalia selling "it's" LHR slots for Mega-Bucks...er....Mega Euro's !!

Can anyone add to the AA/GB story ????
Thanx

 

[North by Northwest]

AZ has already been in discussions w/ the US SkyTeam members about selling its LHR slots.

 

[Veritas]

Can anyone add to the AA/GB story ????

I suggest that you start by reading the complete article which appears on the free site of the Financial Times.

Here are some excerpts:

Alitalia sells Heathrow slots for record prices

It refused to disclose to which airlines it had sold the slots, but it is understood that Continental Airlines (NYSE:CAL) , US Airways and British Airways have each bought one slot pair. BA is understood to have paid close to £10m, while the other two deals were closed at around £30m per slot pair.

Examples of recent deals include the purchase by Continental Airlines of four slot pairs, two from GB Airways, one from Air France and one from Alitalia, to start its new services from Houston and New York Newark to Heathrow.

In other recent deals British Airways and Qatar Airways have each bought a pair of Heathrow slots from GB Airways, whose owner the Gibraltar-based Bland group is believed to have received around £80m from the recent sale of four slot pairs.

Gulf Air has sold one pair to American Airlines. Etihad, the fast-growing Abu Dhabi carrier, which is seeking to build up its services to London, has secured one pair of slots from Air Canada on a short lease but only for the 2008 summer season.

According to Wikipedia®, GB Airways is is a British airline based at LGW. It operates scheduled flights for British Airways from Gatwick, Manchester and LHR to cities in Europe and North Africa. It was recently purchased by EasyJet and will cease flying for BA at the end of March 08.

According to the FT article, GB Airways recently sold slots to Continental, US Airways and BA. AA purchased its new slots from Gulf Air.

 

[NewHampshire Black Bears]

Thanx for the Info....folks !

So my next question is,
Where will AA operate the "new" LHR slot ????

 

[FA Mikey]

Is Miami getting a second daily VS the second weekend only, we currently operate?

 

[FA Mikey]

Has anyone else noticed the crappy times some of the new airlines coming in to LHR are getting? That along with the cost of the slot whether out right purchased or leased at a cost plus a % of sales.

American and United, along with British and Virgin will continue to have a vastly superior multi class product, arrival and departure times.

 

[700UW]

I know BMI gave US some LHR slots also, from what we are being told no money was exchanged.

 

[FA Mikey]

highly unlikely, you can bet though if it were true BMI is taking a percentage of sales. No one is giving away slots at LHR.

 

[jimntx]

Thanx for the Info....folks !

So my next question is,
Where will AA operate the "new" LHR slot ????

XNA-LHR. Harrod's better be quaking in their boots. Wal-Mart is a-comin'.

 

[JFK777]

Usairways and Continental each paid Alitalia almost thirty million pounds stering each for a pair of slots, that is almost sixty million dollars US each. One hundred twenty million dollars for two slot pairs at Heathrow is desperation for airlines from the USA.

Imagine, AA's 17 slot pairs must be worth a Billion dollars; some are at night for day flights but most are the expensive early morning type.

I am curious to see what other European airlines sell their slots, could Olympic from Greece be next. TAP or IB could cash in too. ITS going to get even more interesting as the cash rich Middle East airlines and the USA's airline bid up the slots.

 

[MAH4546]

AA was supposed to get two slots - one from Gulf Air and one from Luxair. They were to be used on DFW-LHR and RDU-LHR so that the rest of the service could stay as is. Luxair deal fell through, though, so JFK-LHR will be reduced by one daily flight.

AA is actively in the market for three LHR slots for one extra daily each to Miami, Dallas, and JFK.

 

[NewHampshire Black Bears]

AA was supposed to get two slots - one from Gulf Air and one from Luxair. They were to be used on DFW-LHR and RDU-LHR so that the rest of the service could stay as is. Luxair deal fell through, though, so JFK-LHR will be reduced by one daily flight.

AA is actively in the market for three LHR slots for one extra daily each to Miami, Dallas, and JFK.

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For AA to use a LHR slot for RDU, means that the drug company(I think it's GSK) must be willing to pay a SHET load of $$$$ to AA, instead of running it from SFO/LHR, where AA has a VERY Loyal clientel(SFO)

 

[donttouchthebeauty]

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For AA to use a LHR slot for RDU, means that the drug company(I think it's GSK) must be willing to pay a SHET load of $$$$ to AA, instead of running it from SFO/LHR, where AA has a VERY Loyal clientel(SFO)

Thats a joke NHBB.... AA wont be able to compete with VA and UA on that route.. Both will offer far superior service - more business and first seats and UAL will have refurbished A/C.. Not only that AA doesnt have the coneecting or originating traffic for that flight..

 

[Runwaysticker]

The beauty has spoken..............................

 

[AC AA LA FA]

Thats a joke NHBB.... AA wont be able to compete with VA and UA on that route.. Both will offer far superior service - more business and first seats and UAL will have refurbished A/C.. Not only that AA doesnt have the coneecting or originating traffic for that flight..

dont be so sure....its not the first I have heard of SFO-LHR svc..

UAs service is as poor if not worse than AAs..

VA service is another story....


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