Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Continental Purchase Of Avianca  
User currently offlineAeroFan From United States of America, joined Aug 2004, 1517 posts, RR: 2
Posted (10 years 2 months 2 weeks 6 days ago) and read 2012 times:

Does anyone know if CO managed to purchase Avianca?

3 replies: All unread, jump to last
 
User currently offlineEddieDude From Mexico, joined Nov 2003, 7592 posts, RR: 42
Reply 1, posted (10 years 2 months 2 weeks 5 days 23 hours ago) and read 1987 times:

I believe that Brazilian company OceanAir's offer was more valuable. In any case, I don't think it is a fait accompli because the bankruptcy court in the U.S. needs to authorize the transaction (although that may have happened already... I was away from home and from a.net most of July and something could have happened then).


Next flights: MEX-GRU (AM 77E), GRU-GIG (JJ A320), SDU-CGH (G3 73H), GRU-MEX (JJ A332).
User currently offlineSOUTHAMERICA From Colombia, joined Dec 2003, 2497 posts, RR: 10
Reply 2, posted (10 years 2 months 2 weeks 5 days 23 hours ago) and read 1964 times:


EddieDude basically hit on the nail. Several proposals were made, between which Synergy/OceanAir's bid was selected by Avianca as the best one.

I think the judge is supposed to approve the plan this or next month, I really don't know for sure. But, until then, Continental or any other company that wishes to make business with AV may still dig in and make second -more attractive- bid.


SOUTHAMERICA


User currently offlineACES320 From United Kingdom, joined Mar 2004, 393 posts, RR: 1
Reply 3, posted (10 years 2 months 2 weeks 5 days 18 hours ago) and read 1836 times:

CO offer was more appealing for me but just time will tell. Something will be surrended in the process anyway


LHR, BHX, EDI, BKK, USM, CNX, PHU, GRU,PEI, BOG, CTG, CPH, AMS, DOH, DXB, FRA, MAD and always PEI
Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
Purchase Of Continental Miles posted Sat Aug 19 2006 19:37:36 by Hawaijahaz
Lufthansa Mulls Purchase Of Around 15 Boeing 747-8 posted Thu Nov 30 2006 20:48:32 by Columba
Future Fleet Of Avianca! posted Wed Jul 26 2006 11:23:57 by CV990
BAE Forces Eads Purchase Of Airbus Stake posted Wed Jun 7 2006 18:19:54 by NAV20
Purchase Of At Risk Seats? posted Fri Feb 24 2006 03:49:35 by Simpilicity
Purchase Of Old Aircraft posted Thu Feb 16 2006 11:26:53 by Fly2CHC
USAirways Negotiating The Purchase Of E190 posted Wed Nov 16 2005 21:17:39 by Vector
Armenia Negotiating Purchase Of Iran-140 Aircraft posted Fri Sep 23 2005 21:18:24 by AMSSFO
Efromovich Will Take The Rest 25% Of Avianca! posted Mon Sep 19 2005 16:48:39 by Avianca
Philippine Airlines Eyes Purchase Of A380 posted Sat Mar 5 2005 09:43:07 by Jacobin777