amaroo
Enthusiast
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- Sep 22, 2011
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Have flown JQ to HTI from BNE. As far as I am concerned, that was no different to all the EasyJet flights I have taken around Europe.
Have now flown JQ J to NRT from OOL. Again it was fine and good value. The tickets were less than Y+ on QF21/22 and I got double the SCs. Was not happy to arrive at NRT for the return flight to find it had been cancelled, but we were flown to KIX and put on the KIX-OOL flight instead, so it all worked out in the end, but we did miss out on lounge time in NRT.
Why isn't JQ an affiliate member of 1W? DragonAir are as are a whole load of other LCC subsidiaries of the big airlines.
As Tom has indicated KA is not a LCC. The J product is pretty decent for a short haul product.
Better comparison would be VY (Veuling) which like J* has nothing to do with OW Vueling - Wikipedia, the free encyclopedia
IAG takeover (2012/2013)[edit]
In November 2012, International Airlines Group, whose subsidiary Iberia held a 45.85% stake in Vueling, offered to buy the remaining 54.15% of the company with both Iberia and IAG owning both shares and not resulting in the company being wholly owned by IAG through 100% of shares. IAG, also the owner of British Airways, plans to use Vueling to help stem losses at Iberia. However, market trends (increased profits and improved figures from Vueling resulting in a higher share-price) had made IAG's offer a significant undervaluation of the airline. Vueling had urged its shareholders to reject IAG's offer and its shareholders had until the 8th of April 2013 to decide upon the recommendation.[SUP][3][/SUP]
On 27 March 2013, IAG improved its offer for Vueling, raising its offer per share from €7 to €9.25. Vueling shares quickly surged after the announcement by 8.8% to €9.23 following a temporary suspension as BMAD waited on an official comment from Vueling regarding the updated offer. The acceptance period was also increased by 48 calendar days.[SUP][30][/SUP]
On 9 April 2013, the board of Vueling unanimously recommended shareholders accept an improved offer of €9.25 per share from IAG. IAG CEO Willie Walsh confirmed that the board had recommended the new offer; however, Walsh also stated that Vueling would not be merged with Iberia, saying, "Vueling will operate as a stand-alone entity in IAG group."[SUP][31][/SUP]
On 23 April 2013, IAG acquired control of Vueling which saw the recently purchased 44.66% stake by IAG merged with Iberia's existing 45.85% stake to form a 90.51% shareholding. Vueling will remain a standalone company now within the IAG and its management structure will remain unchanged; however, Vueling's CEO Alex Cruz will now report directly to IAG CEO Willie Walsh.[SUP][32][/SUP]