The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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And that is precisely why I do it ..........
@ JTMacs. Was that “ well one” or “Well done”. I am confused
@Balmus
Sir - very well one.
Thanks
https://seenews.com/news/bulgaria-air-signs-spa-with-germanys-condor-666179
Bulgaria Air signs SPA with Germany's Condor Published Aug 22, 2019 14:18 EEST
SOFIA (Bulgaria), August 22 (SeeNews) - Flag carrier Bulgaria Air said on Thursday it has signed a special prorate agreement (SPA) with Germany's Condor, part of British-based Thomas Cook Group, which will allow Bulgaria Air passengers to reach several exotic destinations via a flight change in Frankfurt.
Under the agreement, passengers from the Bulgarian airports of Sofia, Varna and Burgas will be able to fly to the Caribbean islands, the Seychelles, Mauritius, the Maldives, and several locations in Malaysia, Bulgaria Air said in a statement.
Bulgaria Air will operate the flights to Frankfurt, while the flights from there to the final destination will be carried out by aircraft and crews of Condor.
Bulgaria Air operated 5,995 flights in 2018, 52 less than in 2017, according to data from its annual financial statement. Flights on regular routes fell by 168 to 4,841 while charter flights increased by 116 to 1,154.
@Coldfish
Very little trade !!!
Looks like very few buys and mainly sells.
Looks like a stand off - again.
Being held back for big buys and news then boom
Poised to boom at anytime, its game on the market knows it.
Lets see what 1pm brings.
wouldn't be surprised if they came in again at a better offer than the one in May.
Good find, Balmus!
https://www.touristik-aktuell.de/nachrichten/verkehr/news/datum/2019/08/21/lufthansa-bleibt-an-condor-dran/
Lufthansa stays with Condor
Wednesday, 21.08.2019
The German Lufthansa has apparently still interested in Condor or on their route network. It is said "very soon" about a cooperation, it is said from the environment of the airline.
The background for the attempt to harmonize the activities, especially on the medium and long haul routes, is understandable. For the Chinese investors of the Fosun Group are primarily interested in the tour operator business of Thomas Cook - even though there are initial concerns about this (see here).
It is clear, however, that the Chinese have little interest in the Group's airlines. In this respect, it would not be excluded that they give Condor at a possible Cook entry to a bank to generate cash, experts report.
In this case, there would then be a resale to other interested parties from the international competitive environment in the room. In what form and to what extent this would happen is open.