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USA To Consider Lifting Foreign Ownership To 49%  
User currently offlineSingapore_Air From United Kingdom, joined Nov 2000, 13745 posts, RR: 19
Posted (11 years 6 months 5 days 9 hours ago) and read 2417 times:

A proposal by the current U.S.A. administration to increase foreign ownership of U.S. airlines to 49% could help airlines get access to fresh capital.

Blah blah blah.

More information at the Financial Times website

I wonder if some airlines like Singapore Airlines Limited would buy into an airline. However, is 49% enough?


Anyone can fly, only the best Soar.
8 replies: All unread, jump to last
 
User currently offlineIkarus From United Kingdom, joined Jan 2001, 3524 posts, RR: 2
Reply 1, posted (11 years 6 months 5 days 9 hours ago) and read 2412 times:

 Big grin Big grin Big grin

How much do they own of Virgin Atlantic again?  Big grin


49% is a step in the right direction. 100% would be better... But 49% may well be enough to get Virgin American Blue off the ground...


Regards

Ikarus


User currently onlineSTT757 From United States of America, joined Mar 2000, 16892 posts, RR: 51
Reply 2, posted (11 years 6 months 5 days 9 hours ago) and read 2403 times:

What would this mean with regards to AA/BA, and perhaps LH/UAL?


Eastern Air lines flt # 701, EWR-MCO Boeing 757
User currently offlineIkarus From United Kingdom, joined Jan 2001, 3524 posts, RR: 2
Reply 3, posted (11 years 6 months 5 days 9 hours ago) and read 2392 times:

that BA and LH would be insane to buy into their sickly alliance partners anyway and wouldn't go near those 49% of the shares with a bargepole?

User currently onlineSTT757 From United States of America, joined Mar 2000, 16892 posts, RR: 51
Reply 4, posted (11 years 6 months 5 days 9 hours ago) and read 2387 times:

It's amazing that US Airlines have made it this far without Government ownership (EVER!), the Europeans might as well buy them to keep selling Airbuses to them.

More WELFARE for Europeans.



Eastern Air lines flt # 701, EWR-MCO Boeing 757
User currently offlinePetertenthije From Netherlands, joined Jul 2001, 3389 posts, RR: 12
Reply 5, posted (11 years 6 months 5 days 9 hours ago) and read 2386 times:

Or exaclty the opposite. BA does buy AA (or LH buying UA) because the price is about as low as it will ever get. If BA can afford to take over Virgin of BMI then why not shares in AA. It's not as if Dubya will let UA or AA go bankrupt.


Attamottamotta!
User currently offlineBobrayner From United Kingdom, joined Apr 2003, 2227 posts, RR: 6
Reply 6, posted (11 years 6 months 5 days 8 hours ago) and read 2355 times:

More WELFARE for Europeans

That, from a belated and incomplete attempt to liberalise (protectionist) airline ownership regulations in the USA? It's a very creative interpretation.



Cunning linguist
User currently offlineBobrayner From United Kingdom, joined Apr 2003, 2227 posts, RR: 6
Reply 7, posted (11 years 6 months 5 days 8 hours ago) and read 2337 times:

Given the state of the market at the moment, I don't think many foreign airlines will be interested in buying large stakes on a purely strategic basis. Nobody's willing to throw cash around at the moment (except Emirates!)

It doesn't have to be an airline buying a stake, of course, but let's not get into boring subjects  Wink/being sarcastic



Cunning linguist
User currently offlineGigneil From United States of America, joined Nov 2002, 16347 posts, RR: 85
Reply 8, posted (11 years 6 months 5 days 7 hours ago) and read 2303 times:

Its about time we joined the world community and started reducing our psychotically protectionist policies.

N


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