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Vueling and Clickair to merge - the start of consolidation?

 
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attitudetravel



Joined: 15 Nov 2007
Posts: 248
Location: London, UK

PostPosted: Wed Jul 09, 2008 6:54 pm    Post subject: Vueling and Clickair to merge - the start of consolidation? If a post contains some illegal issues you may abuse on it - just click Abuse and fill the form Reply with quote

Discussions ranged back and forth for nearly a quarter of a year, but at the start of this week, leading Spanish low cost airlines Vueling (an independent carrier) and Clickair (the budget airline subsidiary of Spanish flag-carrier Iberia) finally agreed to merge.

The merged company will, despite a majority shareholding by Iberia, continue to operate under the name Vueling.

Source: Vueling, Clickair to Merge by By Jason Sinclair and Santiago Perez
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attitudetravel



Joined: 15 Nov 2007
Posts: 248
Location: London, UK

PostPosted: Wed Jul 09, 2008 7:02 pm    Post subject: If a post contains some illegal issues you may abuse on it - just click Abuse and fill the form Reply with quote

Not the first merger we'll see this year, I'll wager.

Possible consolidation scenarios:

1) I can see Centralwings being absorbed into either Sky Europe or Wizz Air.

2) We might witness a merger of Volare Web and MyAir in Italy.

3) It's not totally out of the question that there might be a grand unification between Scandinavian low cost giants Sterling and Norwegian.

I'm sure there are many other possible scenarios - for any low cost airline under pressure from oil prices, I imagine that getting bought out is going to be a preferable option to going bust.
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MetalTraveller



Joined: 06 Dec 2007
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PostPosted: Sat Jul 26, 2008 12:39 pm    Post subject: If a post contains some illegal issues you may abuse on it - just click Abuse and fill the form Reply with quote

attitudetravel wrote:
It's not totally out of the question that there might be a grand unification between Scandinavian low cost giants Sterling and Norwegian.


And that's beginning! According to this article (sorry, it's in french only), Sterling and Norwegian will start code-sharing for a few routes.

I don't know if I'm right, but I think this is the first code share agreement beetween LLC. Anyway, it might be the begining of a stronger union.
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