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SV News 24
#16
Wednesday 4 Dosa 1589 CE
Aer Strathae brought by Luft Wurberg group


Today Aer Strathae has been brought by Luft Wurberg in the groups latest acquisition in the region with the government approving the merger despite competition concerns promising monitoring of prices to ensure that there is no exploitation of the consumer where there is a monopoly status on the route. The Luft Wurberg group owns Eskair among other airlines in Brignadia.The move has come as a surprise to analysts given its predominately Hughes Aeronautics and Sorosame 88 fleet and its profit of $100 million out of $2.6 billion revenue. A low percent margin for an airline carrying 13.4 million passengers a year in its 120 strong fleet.

The move is expected to come with efficiency savings, a switch to SL aircraft over the long term and reform of how routes are done possibly using bigger aircraft on certain key routes with less flights though plans so far have not been unveiled. It has also not been revealed if some flights for minor airports outside Kathmore International Airport where base costs are higher will continue to be maintained. Several times already the idea of moving all operations to Kathmore has been suggested by experts in the past. The aqcuisition is expected to significantly change the landscape of aviation in Strathae. Currently 13.2 million out of 35 million aviation arrivals and departures are Aer Strathae and the company is the only major Strathae carrier. Suggestions for a possible future for the airline range from efficiency savings and investment into more longhaul services to a full merger under a new brand name with Eskair though for now the airlines new owners have not yet commented or released a strategy document only saying they are reviewing all options for the airlines future.
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Messages In This Thread
SV News 24 - by BrumBrum - 09-25-2016, 05:32 AM
RE: SV News 24 - by BrumBrum - 09-25-2016, 06:02 AM
RE: SV News 24 - by BrumBrum - 09-25-2016, 01:21 PM
RE: SV News 24 - by BrumBrum - 10-04-2016, 01:28 PM
RE: SV News 24 - by BrumBrum - 10-11-2016, 08:16 AM
RE: SV News 24 - by BrumBrum - 10-24-2016, 11:24 PM
RE: SV News 24 - by BrumBrum - 10-28-2016, 12:00 PM
RE: SV News 24 - by BrumBrum - 11-05-2016, 03:22 AM
RE: SV News 24 - by BrumBrum - 11-24-2016, 08:33 PM
RE: SV News 24 - by BrumBrum - 04-16-2017, 11:34 PM
RE: SV News 24 - by BrumBrum - 04-21-2017, 08:04 PM
RE: SV News 24 - by BrumBrum - 04-23-2017, 06:40 PM
RE: SV News 24 - by BrumBrum - 04-26-2017, 12:08 AM
RE: SV News 24 - by BrumBrum - 05-05-2017, 10:21 PM
RE: SV News 24 - by BrumBrum - 11-06-2017, 06:09 PM
RE: SV News 24 - by BrumBrum - 01-14-2018, 11:59 PM

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