Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Report: AZ Deal With AF Or CA In The Works.  
User currently offlineNycfly75 From Italy, joined Aug 2005, 761 posts, RR: 9
Posted (8 years 4 weeks 1 day 22 hours ago) and read 4444 times:

From Forbes.com:

http://www.forbes.com/business/feeds/afx/2006/10/29/afx3128015.html

If its Air China, then AZ will enter Star I assume? Article also says LH is the preferred European suitor for AZ.

[Edited 2006-10-29 17:11:01]

6 replies: All unread, jump to last
 
User currently offlineLJ From Netherlands, joined Nov 1999, 4471 posts, RR: 0
Reply 1, posted (8 years 4 weeks 1 day 22 hours ago) and read 4394 times:

Quoting Nycfly75 (Thread starter):
If its Air China, then AZ will enter Star I assume? Article also says LH is the preferred European suitor for AZ.

You mean it's the preferred suitor for the Italian govenment as the Italian government thinks that only LH may be interested (and they're not) in the current AZ as AF/KL first want AZ to clean up its balance sheet (read reduce costs) before they [AF/KL] may even consider investing in AZ...... Anyway this is somewhat old news as the Italian government hinted at this (somewhat idiotic) possibility last month.. I wonder if there are any elections in Italy upcoming (and someone needs the votes of AZ employees)..

However we all know how this will end. Either they don't restructure AZ and will go bankrupt (highly unlikely) or at the very last moment they restructure the airline and sell it to AF/KL (very likely).


User currently offlineAlitalia744 From United States of America, joined Mar 2000, 4760 posts, RR: 44
Reply 2, posted (8 years 4 weeks 1 day 15 hours ago) and read 4254 times:

alitalia and more importantly the italian government needs to get it's sh*t together before they worry about partnering with Air China, Lufthansa or AF/KL.

seriously now, either put the dinosaur to death or figure out how to fix it once and for all.



Some see lines, others see between the lines.
User currently offlineBicoastal From , joined Dec 1969, posts, RR:
Reply 3, posted (8 years 4 weeks 1 day 14 hours ago) and read 4221 times:

Quoting Alitalia744 (Reply 2):
alitalia and more importantly the italian government needs to get it's sh*t together before they worry about partnering with Air China, Lufthansa or AF/KL

Exactly. No well run and profitable airline is going to acquire a basket case with serious labor union issues. Alitalia needs to be more attractive financially and have more cooperative labor unions before any airline will want it.


User currently offlineCommavia From United States of America, joined Apr 2005, 11837 posts, RR: 62
Reply 4, posted (8 years 4 weeks 1 day 14 hours ago) and read 4175 times:

!!! Just let Alitalia DIE already !!!

User currently offlineAlitalia744 From United States of America, joined Mar 2000, 4760 posts, RR: 44
Reply 5, posted (8 years 4 weeks 1 day 13 hours ago) and read 4153 times:

Quoting Commavia (Reply 4):
!!! Just let Alitalia DIE already !!!

That's kinda harsh. While I admit Alitalia is a basket case, I don't think comments like that are necessary.

[Edited 2006-10-30 02:16:26]

[Edited 2006-10-30 02:17:15]


Some see lines, others see between the lines.
User currently offlineCommavia From United States of America, joined Apr 2005, 11837 posts, RR: 62
Reply 6, posted (8 years 4 weeks 1 day 13 hours ago) and read 4125 times:

Quoting Alitalia744 (Reply 5):
That's kinda harsh. While I admit Alitalia is a basket case, I don't think comments like that are necessary.

I respectfully disagree. I think that Alitalia dying, and someone bringing it up, is extremely necessary. It's the elephant in the room that nobody in Italy seems to want to actually address, even though it is so clearly obvious it's not even funny.

Sad to say, Alitalia is completely beyond fixing. Nothing will ever change. While Alitalia may be on its 493rd restructuring, the fundamentals of the problem -- unions with way too much power and a refusal to ever face reality -- is not going to go away.

The Italian government has done Italians an extreme disservice by continuing to fund this complete bunch of political theater. The unions buy the politicians, the politicians fund the company, the company pays the union members. It is a vicous cycle that will never change, whether the company is owned by the Italian state, recapitalized by KLM, by Air France, by Lufthansa, by Air China.

It makes no difference -- they'll all spend (waste) billions to figure out the same thing anyone looking clearly has known for years -- nothing will get better until the unions are broken. And in the socialist economic climate that western continental Europe, including Italy, are in right now, I don't see that happening anytime soon.

Sorry, but it's just reality as I see it, and sometimes reality is harsh.


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...
KL With AF Or BA? What Is The Best Alliance? posted Sun Aug 24 2003 01:07:19 by Jala300600
Somebody Has Experience With AF Or AZ Loundges? posted Mon Dec 3 2001 02:10:30 by Herbman
Report: AZ Intends To Buy 30 A32S In Relaunch Plan posted Thu Oct 19 2006 11:36:19 by Manni
HND-SHA/PVG In The Works posted Wed Oct 11 2006 05:22:47 by Carpethead
Small Airports With Loads Of Service In The US posted Fri Jul 28 2006 12:33:55 by Dsa
RUMOUR: UA/CO Merger In The Works? posted Thu Jun 29 2006 15:49:15 by Dc10s4ever
New Airline In The Works In The UAE 's..! posted Mon Feb 20 2006 09:21:16 by Beaucaire
AF's Next Move In The USA posted Tue Jan 17 2006 16:24:33 by AF773
UA's TED: Great Idea Or A Pain In The... posted Wed Jan 11 2006 06:15:28 by 777fan
Another Las Vegas Airport In The Works? posted Thu Dec 1 2005 19:56:45 by KarlB737