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Reports: SU Interested In AZ Linkup-AZ Stock Up 10%  
User currently offlineNycfly75 From Italy, joined Aug 2005, 747 posts, RR: 11
Posted (5 years 10 months 4 weeks 1 day 15 hours ago) and read 20122 times:

According to published media reports, Aeroflot, Skyteam's newest member, has shown interest in a major alliance with Alitalia "and possibly more" (something perhaps on the grounds on AF-KL). Alitalia's stock has risen almost 10% today in part on that news.

Sources (In Italian):

AviazioneCivile.it
http://www.aviazionecivile.it/forum/topic.asp?TOPIC_ID=9687

ANSA
http://www.ansa.it/infrastrutturetra...1400247680/200606291400247680.html

20 replies: All unread, jump to last
 
User currently offlineNycfly75 From Italy, joined Aug 2005, 747 posts, RR: 11
Reply 1, posted (5 years 10 months 4 weeks 1 day 13 hours ago) and read 20065 times:

Also today AZ announced the sale of some Real Estate at FCO for 120mln Euros, which will result in a net increase for the first half of 60mln Euros. Deutsche Bank also has valued AZ stock as a "Buy" with a target price of 1.13 euros, Air France has reemerged as a top candidate to buy AZ.

[Edited 2006-06-29 18:56:59]

User currently offlineCure From Italy, joined Sep 2005, 221 posts, RR: 0
Reply 2, posted (5 years 10 months 4 weeks 14 hours ago) and read 19975 times:

Confirming what you (Nycfly75) say and trying to relaunch the topic...
I started it with a new title "RUMOUR: ALITALIA AND AEROFLOT JOINING", but it was deleted, so please don't feel offended if what follows seems a correction to what you already posted: I just did "copy-paste"...

On a side note: could you please change the title and put the one in capital letters above? Could be more attractive....if this is the reason why nobody dared to post...  Wink

On today’s “La Repubblica” (major italian newspaper, page 38) there’s an extensive article about Alitalia “flying” at Milan’s stock exchange (plus 7,36% yesterday, and a total of 3,6% of the entire capitalization moved in one single day), because of the news coming from the Government and rumours from inside and outside the airline.
Prime Minister Romano Prodi, the Minister of Transportation and the Minister of the Industry pronounced various statements during last week about the priority of quickly reducing State’s participation in Alitalia under 49% - as it is now – in order to pave the road to a stronger alliance/partnership/joint venture with Air France, since five years waiting for that moment to “come to a marriage” with the italian flag carrier, but an analysis made by “L’espresso” (other major italian weekly magazine) underlined a strong rumour concering the interest of the russian carrier Aeroflot in “a special alliance” or even a complete merger between the two companies, supported by reporting “some talks” which took place in Moscow during the last visit of Italy’s Prime Minister at Putin’s headquarters. This whole thing is in apparent contradiction with the “Air France road”, but still very present within the insiders: President of ZAO (the russian subsidiary of Banca Intesa) Antonio Fallico at a press release said he is strongly hoping in an “external support of both governments to this possible operation, which could create a strong company focused on eastern european and asian routes”, obviously inside the global alliance Skyteam.
This type of strategy will bring a change in Alitalia’s board of directors, and the first head eventually wanted is the one of Giancarlo Cimoli, now President and CEO of the company, which would be very appreciated by the unions’ representatives, asking it since at least two months, and which has been proposed by the new Government in the speeches I was talking about at the beginning of the post.

Some investors (Banca Intesa, Deutsche Bank among others) tend to encourage the purchase of AZ’s stocks, while some others just underline that this strong recovery follows a strong lost, this meaning: precaution.

I would like to know your opinions/inputs/more informations on this issue, and before greeting the A.net fellows, I’d like to ask to keep the thread inside some parameters, i.e: no Alitalia bashing please, and no CEO-explanations on how should be run an airline.


Thank you in advance
Best regards,

V

User currently onlineL410Turbolet From Czech Republic, joined May 2004, 5319 posts, RR: 22
Reply 3, posted (5 years 10 months 4 weeks 12 hours ago) and read 19933 times:

Quoting Cure (Reply 2):
I would like to know your opinions/inputs/more informations on this issue, and before greeting the A.net fellows, I’d like to ask to keep the thread inside some parameters, i.e: no Alitalia bashing please, and no CEO-explanations on how should be run an airline.

Publically traded company "privatized" by a post-communist, state owned behemoth? What good could that possibly bring for Alitalia?  Confused

User currently offlineNycfly75 From Italy, joined Aug 2005, 747 posts, RR: 11
Reply 4, posted (5 years 10 months 4 weeks 11 hours ago) and read 19911 times:

V,

Thank you for relaunching. It seems on here only negative news about AZ is jumped on. AZ also reduced its debt by 21 million for May and now has more cash on hand.

Vincenzo

User currently offlineScotron11 From United Kingdom, joined Feb 2004, 1178 posts, RR: 4
Reply 5, posted (5 years 10 months 4 weeks 1 hour ago) and read 19860 times:

Quoting Cure (Reply 2):

"RUMOUR: ALITALIA AND AEROFLOT JOINING",

Is this the same sort of rumour that EK wanted to buy BA? BA's shares soared on that news also, which was what is was, only a market rumour.

However, Russian companies do seem to be on a buying spree at the moment, although why Aeroflot would want to purchase AZ is beyond me.

Could you enlighten me why Cimoli is portrayed as some sort of "bad guy" here? I thought he did very well bringing AZ to where they are today. Or is it resentment by the unions?

Cheers!

User currently offlineAtmx2000 From United States of America, joined Oct 2004, 4576 posts, RR: 44
Reply 6, posted (5 years 10 months 4 weeks ago) and read 19857 times:

Quoting Cure (Reply 2):
in order to pave the road to a stronger alliance/partnership/joint venture with Air France, since five years waiting for that moment to “come to a marriage” with the italian flag carrier, but an analysis made by “L’espresso” (other major italian weekly magazine) underlined a strong rumour concering the interest of the russian carrier Aeroflot in “a special alliance” or even a complete merger between the two companies, supported by reporting “some talks” which took place in Moscow during the last visit of Italy’s Prime Minister at Putin’s headquarters.

Prodi? Who is suspected by many of having been a KGB agent? He surely couldn't be so stupid as to engage in "some talks" with Putin. Perhaps this rumor is a smear job. But if it is true, perhaps Putin is blackmailing Prodi.


ConcordeBoy is a twin supremacist!! He supports quadicide!!
User currently offlineScotron11 From United Kingdom, joined Feb 2004, 1178 posts, RR: 4
Reply 7, posted (5 years 10 months 3 weeks 6 days 23 hours ago) and read 19838 times:

Quoting Atmx2000 (Reply 6):

Prodi?

In the 80's, Prodi was head of IRI, the Italian state holding company, charged with privatizing state-owned industries. Ford wanted to buy Alfo-Romeo but it went to............guess who?..........Fiat!! For a lot less, some say zero, as Fiat never actually paid anything!

Same with food conglomerate SME which Heinz wanted to buy. Prodi wanted theis company bought by Carlo De Benedetti, one of his pals. It was eventually broken up.

User currently offlineAtmx2000 From United States of America, joined Oct 2004, 4576 posts, RR: 44
Reply 8, posted (5 years 10 months 3 weeks 6 days 22 hours ago) and read 19829 times:

Quoting Scotron11 (Reply 7):
In the 80's, Prodi was head of IRI, the Italian state holding company, charged with privatizing state-owned industries. Ford wanted to buy Alfo-Romeo but it went to............guess who?..........Fiat!! For a lot less, some say zero, as Fiat never actually paid anything!

Same with food conglomerate SME which Heinz wanted to buy. Prodi wanted theis company bought by Carlo De Benedetti, one of his pals. It was eventually broken up.

OK, but what does this have to do with allegations that Prodi has ties to Soviet intelligence?


ConcordeBoy is a twin supremacist!! He supports quadicide!!
User currently offlineScotron11 From United Kingdom, joined Feb 2004, 1178 posts, RR: 4
Reply 9, posted (5 years 10 months 3 weeks 6 days 21 hours ago) and read 19819 times:

Quoting Atmx2000 (Reply 8):

OK, but what does this have to do with allegations that Prodi has ties to Soviet intelligence?

Nothing really but if history is anything to go by, I cannot see AZ being allowed to come under the "wing" of a non-Italian concern, far less a non-European one.

User currently offlineKoper From , joined Dec 1969, posts, RR:
Reply 10, posted (5 years 10 months 3 weeks 6 days 21 hours ago) and read 19805 times:

Prodi is the shame of Italy and of Europe.

Just remember when he was Chairman of the European Commission.

An incompetent stupid bla bla bla.

But it seams that he is after just 4 weeks almost arrived at the end. Good for Italy and good for Alitalia.

User currently offlineCure From Italy, joined Sep 2005, 221 posts, RR: 0
Reply 11, posted (5 years 10 months 3 weeks 6 days 16 hours ago) and read 19767 times:

Quoting Nycfly75 (Reply 4):
It seems on here only negative news about AZ is jumped on.

In fact it is...let "them" do, and let's recognize AZ's image is partially ruined among those, who are particularly prone to prejudgments. And actually even among those, who are not: the road is uphill from here on...  Cool
It actually does have some big problems, but there's something beyond them inhere...
BTW people bashing and shooting at Alitalia from the UK and Germany in general do not have my confidence after what happened back in 2001 (the "Malpensa Case"), when more than one british and german lawyer's association has been declared guilty of supporting illegal acts made by British Airways and Lufthansa "protesting" against the new airport, and illegaly financing and supporting popular protests based on false data.
You simply cannot praise a corrupt entity and judge some other else.

Quoting Scotron11 (Reply 5):
although why Aeroflot would want to purchase AZ is beyond me.

Maybe because of Alitalia still being one of the top 20 airlines of the world (in terms of pax and cargo)?
Think about it  Wink

Quoting Scotron11 (Reply 5):
Could you enlighten me why Cimoli is portrayed as some sort of "bad guy" here? I thought he did very well bringing AZ to where they are today. Or is it resentment by the unions?

No, we can't enlighten you, sorry.

Quoting Atmx2000 (Reply 6):
Prodi? Who is suspected by many of having been a KGB agent?

Still laughing since half an hour  rotfl 

Quoting Scotron11 (Reply 7):
In the 80's, Prodi was head of IRI, the Italian state holding company, charged with privatizing state-owned industries. Ford wanted to buy Alfo-Romeo but it went to............guess who?..........Fiat!! For a lot less, some say zero, as Fiat never actually paid anything!

It's called ALFA ROMEO, and fortunately Ford (horrific cars) did not buy it.
....But the topic in your post being...?

Same with food conglomerate SME which Heinz wanted to buy. Prodi wanted theis company bought by Carlo De Benedetti, one of his pals. It was eventually broken up.

Very well informed...Could you provide some link?

Quoting Scotron11 (Reply 9):
Nothing really but if history is anything to go by, I cannot see AZ being allowed to come under the "wing" of a non-Italian concern, far less a non-European one.

It hopefully won't come under your wing, which would probably soffocate it.
Backup your statement please with something concrete.
Many italian industries are (unfortunately in some cases, fortunately in other) actually owned under the wing of non-Italian and non-European realities.

Hope for you to have better experiences in this wonderful country, you are welcome whenever you want, trying to sweeten your low-clouds-and-rain-bitterness.
At one condition: you fly here and back with AZ  Big grin

Quoting Koper (Reply 10):
Prodi is the shame of Italy and of Europe.

Just remember when he was Chairman of the European Commission.

An incompetent stupid bla bla bla.

I'm Italian and he is NO shame for me, and I think it's enough for now  Wink
Topic please....  old 

Regards,

V

User currently offlineAtmx2000 From United States of America, joined Oct 2004, 4576 posts, RR: 44
Reply 12, posted (5 years 10 months 3 weeks 6 days 5 hours ago) and read 19710 times:

Quoting Scotron11 (Reply 9):
OK, but what does this have to do with allegations that Prodi has ties to Soviet intelligence?

Putin was a KGB officer based in Europe. Prodi is suspected of having worked for the KGB. Putin is now Russian President, and no doubt knows much about past KGB informants.

Now Prodi, as the new Italian leader, is rumored to have gone to Putin's headquarters and made some deal regarding AZ and SU. That's going to remind people of those KGB allegations, and have people asking whether there was any truth to those rumors and whether Proi is being blackmailed. I mean, yeah, sure SU is SkyTeam also, but who would have ever thought them to be a suitable merger partner for AZ. So if this discussion has actually taken place, those KGB allegations are going to resurface. But if they didn't take place, then someone is possibly smearing Prodi.

I can think of one other reason why AZ/SU alliance/merger talk has happened, and that is as some sort of incentive to buy the 787, which Alenia is heavily involved in.


ConcordeBoy is a twin supremacist!! He supports quadicide!!
User currently offlineCure From Italy, joined Sep 2005, 221 posts, RR: 0
Reply 13, posted (5 years 10 months 3 weeks 5 days 21 hours ago) and read 19657 times:

Quoting Atmx2000 (Reply 12):
Prodi is suspected of having worked for the KGB.

Would you please stop talking nonsense?!
Or: would you please provide some fact to backup your (crazy) sentences?
He is suspected by who?? Mr. and Mrs. Donkey-Paranoia, the evergreen GWBush plus his bul*dog Condoleezza (ridiculous name) Rice??

User currently offlineKoper From , joined Dec 1969, posts, RR:
Reply 14, posted (5 years 10 months 3 weeks 5 days 20 hours ago) and read 19640 times:

Everybody knows how Prodi was involved in KGB abroad. Maybe not in Italy.

Everybody remember what a shame he was when he was Chairman of the European Union and he covered all the scandals of corruption which involved himself, his assistent Decastro (now i think he is an his minister) and his company Momisma. Everybody knew and talked of that except in Italy.

Everybody know and remember Prodi for what an incompetent person he is. If Europe has been in crisis it is mainly thanks to him.

The Alfa Romeo affair was true.

I'm sorry for the Italians and for Alitalia that a such idiot person got the power. But it seams not for long.

User currently offlineCure From Italy, joined Sep 2005, 221 posts, RR: 0
Reply 15, posted (5 years 10 months 3 weeks 5 days 20 hours ago) and read 19638 times:

This is the position of Alitalia, as published on its website as of may 31st:

http://corporate.alitalia.it/en/Images/pr_30_06_2006e_tcm7-15504.pdf

There is also a note talking about the "inexplicable fact" that Aeroporti di Roma (AdR) pulled out from the promised acqiring of some lands on sale inside FCO's perimeter fence (sorry it's just in Italian):

http://corporate.alitalia.it/it/Images/pr_29_06_2006_tcm6-15499.pdf

Personally I suspect AdR is too often playing more than one game, having a primary responsibility in AZ's see-saw between FCO/MXP, which is not good at all...Somehow from now on I can see big changes at AZ, but not them pulling finally out of FCO as a hub, as they should.
Keep a strong focus on FCO (which means a New York, perhaps a LAX and a Buenos Aires flight), but the only real hub at MXP.

Regards,

V

User currently offlineCure From Italy, joined Sep 2005, 221 posts, RR: 0
Reply 16, posted (5 years 10 months 3 weeks 5 days 19 hours ago) and read 19631 times:

Quoting Koper (Reply 14):
I'm sorry for the Italians and for Alitalia that a such idiot person got the power. But it seams not for long.

No need to be sorry  Wink ...I'd feel much worst if I was Slovenian.

We're not France, nor the UK, nor the US, nor the Russian Federation, where President/Prime Minister has such a great power on the government; Prodi won't be the kind of Prime Minister imposing everything at the Parliament, especially having hardly the majority at the Senate. He is just capable of proposing the decreasing of the State's quote in AZ, and POLITICALLY addressing Alitalia towards some alliance/merger.
I wouldn't feel free to call him an idiot, especially not being Italian and not having to choose directly between him and the real idiot (Berlusconi = a very dangerous idiot).

Quoting Koper (Reply 14):
Everybody remember what a shame he was when he was Chairman of the European Union and he covered all the scandals of corruption which involved himself, his assistent Decastro (now i think he is an his minister) and his company Momisma. Everybody knew and talked of that except in Italy.

Tell us something more, as we are a bunch of ignorants not knowing anything about our politicians, please...  blockhead 

Regards,

V

User currently offlineKoper From , joined Dec 1969, posts, RR:
Reply 17, posted (5 years 10 months 3 weeks 5 days 19 hours ago) and read 19626 times:

It has anything to do with the topic, but between Berlusconi and Prodi it's an ocean.

Berlusconi is a successful businessman, Prodi an incompetent parassit as it's known everywhere in Europe. He has been the worst Chairman of the European Commission. Of ever.

User currently offlineCure From Italy, joined Sep 2005, 221 posts, RR: 0
Reply 18, posted (5 years 10 months 3 weeks 5 days 19 hours ago) and read 19621 times:

Quoting Koper (Reply 17):
It has anything to do with the topic, but between Berlusconi and Prodi it's an ocean.

Berlusconi is a successful businessman, Prodi an incompetent parassit as it's known everywhere in Europe. He has been the worst Chairman of the European Commission. Of ever.

Yeah right. Of course.
Feel free to go on this off-topic path and praise "succesfull businessmen" such as Berlusconi.
Bye,

V

User currently offlineNycfly75 From Italy, joined Aug 2005, 747 posts, RR: 11
Reply 19, posted (5 years 10 months 3 weeks 5 days 15 hours ago) and read 19576 times:

Gentleman lets calm the politics down, although as Italians politics is in our blood heheh.

Cure, I agree about the FCO/MXP situation:

In the eyes of AZ, I will compare so how BA handles things in England:

FCO should be like a Manchester while MXP should be AZ's LHR. FCO can handle intercontinental flights to JFK, IAD, BOS, EZE, NArita and maybe YUL or YYZ. Everything else intercontinental should go to MXP.

In terms of "Aliflot" I dont see it happening, and right after that report came out AF-KL restated their interest in AZ if their books get in order and the Italian Transport Minister said he want to renew talks with AF-KL. I do feel we will see more movement on AZ's improvement with this govt than the previous.

User currently offlineAtmx2000 From United States of America, joined Oct 2004, 4576 posts, RR: 44
Reply 20, posted (5 years 10 months 3 weeks 5 days 14 hours ago) and read 19543 times:

Quoting Cure (Reply 13):
Would you please stop talking nonsense?!
Or: would you please provide some fact to backup your (crazy) sentences?

Former FSB Lt Colonel Alexander Litvinenko made the allegation that Prodi was KGB, stating that he was told not to seek asylum in Italy because Prodi worked with the KGB and Italy was not safe.


Another story linking Prodi (who had claimed he got information about Moro's kidnappers through a Ouija board Big grin) and the KGB:

http://www.guardian.co.uk/eurocommission/Story/0,2763,203087,00.html

Quoting Cure (Reply 13):
He is suspected by who?? Mr. and Mrs. Donkey-Paranoia, the evergreen GWBush plus his bul*dog Condoleezza (ridiculous name) Rice??

Real classy there.  sarcastic 


ConcordeBoy is a twin supremacist!! He supports quadicide!!
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