2012 Freddie Award Winners Announced

Freddie AwardThe winners of the  2012 Freddie Awards have been announced, with American Airline’s AAdvantage program doing the best out of all the airlines and Marriott and Starwood both doing well in the hotel categories.

The full list of award winners is below:

Program of the Year
Americas Airline: American Airlines AAdvantage
Americas Hotel: Marriott Rewards
Middle East/Asia/Oceania Airline: Jet Airways JetPrivilege
Middle East/Asia/Oceania Hotel: Taj InnerCircle
Europe/Africa Airline: Turkish Airlines Miles&Smiles
Europe/Africa Hotel: Starwood Preferred Guest

Best Promotion for Earning
Americas Airline: American Airlines AAdvantage
Americas Hotel: Starwood Preferred Guest
Middle East/Asia/Oceania Airline: Jet Airways JetPrivilege
Middle East/Asia/Oceania Hotel: Accor A|Club
Europe/Africa Airline: Lufthansa Miles & More
Europe/Africa Hotel: Starwood Preferred Guest

Best Promotion for Redemption
Americas Airline: Delta Air Lines SkyMiles
Americas Hotel: Marriott Rewards
Middle East/Asia/Oceania Airline: El Al Matmid Club
Middle East/Asia/Oceania Hotel: Starwood Preferred Guest
Europe/Africa Airline: Lufthansa Miles & More
Europe/Africa Hotel: Starwood Preferred Guest

Best Redemption Ability
Americas Airline: TAM Fidelidade
Americas Hotel: Marriott Rewards
Middle East/Asia/Oceania Airline: Etihad Airways Etihad Guest
Middle East/Asia/Oceania Hotel: Taj InnerCircle
Europe/Africa Airline: airBaltic BalticMiles
Europe/Africa Hotel: Starwood Preferred Guest

Best Customer Service
Americas Airline: American Airlines AAdvantage
Americas Hotel: Marriott Rewards
Middle East/Asia/Oceania Airline: Jet Airways JetPrivilege
Middle East/Asia/Oceania Hotel: Taj InnerCircle
Europe/Africa Airline: Lufthansa Miles & More
Europe/Africa Hotel: Starwood Preferred Guest

Best Elite Program
Americas Airline: American Airlines AAdvantage
Americas Hotel: Marriott Rewards
Middle East/Asia/Oceania Airline: Etihad Airways Etihad Guest
Middle East/Asia/Oceania Hotel: Hyatt Gold Passport
Europe/Africa Airline: airBaltic BalticMiles
Europe/Africa Hotel: Starwood Preferred Guest

Best Loyalty Credit Card
Americas: Delta SkyMiles American Express
Middle East/Asia/Oceania: Etihad Guest Above Credit Card
Europe/Africa: Turkish Airlines Shop&Miles Garanti Credit Card

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British Airways Announces London City to Aberdeen Route

British AirwaysBA have surprised many and announced a new London City to Aberdeen route, presumably to pick up business from the oil industry in the North East of Scotland and in the Docklands. Three return flights per day will be flown from September 24th.

The move could also scupper the plans of Virgin, who were expected to bid for the slots to be surrendered by BA as part of their purchases of BMI and possibly start a Heathrow to Aberdeen route.

Full story here:

http://www.scotsman.com/business/transport/ba-floors-rival-as-new-aberdeen-london-city-route-announced-1-2253020

BA Owner May Struggle to Sell BMI Regional and BMIBaby

BMI RegionalIt is being reported that IAG, British Airways parent company and the new owners of BMI, are doubtful that they can sell the subsidiaries that were the unwanted part of the deal, putting 900 jobs at risk. Lufthansa, the previous owners of BMI Regional and BMI Baby, had tried to sell the subsidiaries, without success, so they were passed onto BA on completion of the deal, giving IAG a significant reduction in the price they paid.

IAG CEO Willie Walsh  said he is “not confident” about selling them, adding “These are airlines that Lufthansa struggled to sell but we are going to make an effort to sell them”.

Full story here:

http://www.bbc.co.uk/news/business-17817981

World Airline News

Lufthansa (Frankfurt) has sold British Midland Limited (bmi) to the International Airlines Group (IAG). The sale was completed at the close of business on April 19. The gross purchase price was approximately $277.6 million.

According to Lufthansa, “as price adjustments have been agreed as part of the transaction structure, the net purchase price will be determined at the end of the second quarter 2012, at which point the final amount will be transferred. It continues to be expected that the net purchase price will be negative. However the costs of the transaction for Lufthansa will amortize within one year. The gross purchase price is expected to be reduced by a number of items including agreed deductions for not selling bmi regional and bmibaby prior to the completion of the transaction.

Bmi’s underfunded Pension Scheme is to be transferred to the UK Pension Protection Fund. The pension shortfall for the members…

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British Airways Might Pay Only £20M for BMI

British AirwaysBritish Airways’s parent Company, IAG, might end up paying only £20M for BMI, due it having to take on unwanted subsidiaries BMI Regional and BMI Baby. As part of the deal with Lufthansa, IAG were said to be able to receive a “significant reduction” in the acquisition fee if Lufthansa was not able to sell them before the completion of the deal.

IAG will have to incur the ongoing running costs of the subsidiaries until they can find a new buyer or decide to close them down, but this is a great piece of business for the group, which acquired 42 coveted Heathrow slots as part of the deal.

Full report here:

http://www.travelweekly.co.uk/Articles/2012/04/23/40273/ba+paid+just+20+million+for+bmi+claims+report.html

Lufthansa Cutting First Class Services in Cost-Saving Exercise

Lufthansa has found itself in a bit of a difficult position recently. It has already sold heavily loss-making  BMI to IAG, but wants to go further it its bid to improve its results by 1 billion euros and had said it cannot rule out compulsory redundancies.

Lufthansa said it plans to cut its First class services on some intercontinental routes; it remains to be seen whether other airlines will follow suit, and start removing First class services from their routes too.

Full story here:

http://uk.reuters.com/article/2012/04/22/uk-lufthansa-jobs-idUKBRE83L08C20120422