AFa340-300E From France, joined May 1999, 2084 posts, RR: 26
Reply 1, posted (14 years 3 months 2 weeks 9 hours ago) and read 2084 times:
Could you please quote a source for the TWA please?
I'm not sure I understant your sentence properly: Delta Air Lines would invest in one of the three other current SkyTeam partners?
When Delta Air Lines and Air France announced their alliance on 22 June 1999, Bloomberg reported Delta didn't deny they would once possibly take a share in AIr France, mentionning Air France could do the opposite as well.
TWAneedsNOhelp From , joined Dec 1969, posts, RR:
Reply 3, posted (14 years 3 months 2 weeks 8 hours ago) and read 2047 times:
Well, Al, your pretty good about predicting TW actions and seem to have pretty well informed sources (or perhaps you are the source), but your simple knowledge of TW is extensive, so......
I noticed on last Thursdays TWA InfoLine with Mark Abels, that he expressly pointed out to TW employees to be "very careful" about discussing company info in the next few weeks. Perhaps, this is because some sort of large deal is in the works and TW is concerned about SEC action if it is disclosed improperly. So, Al, if it is DL what do you think, downgrade of STL for CVG and probably a big LAX, SJU, and JFK push?
DL would really be a counterbalance to AA at JFK if they had those Bahamian, Dominican, Israeli, Egyptian, Saudi, French, Turks & Caicos, Mexican, and Puerto Rican routes.
TWA @ JFK
Paris, Tel Aviv, Cairo, Riyadh, San Francsico, Los Angelos, Orange County, New Orleans, Tampa, Fort Lauderdale, Orlando, Cancun, St. Louis, Nassau, Santo Domingo, Puerto Plata, Punta Cana, St. Maarten, San Juan, Providenciales, and Boston.
Ryanair From United Kingdom, joined Jul 1999, 654 posts, RR: 0
Reply 7, posted (14 years 3 months 2 weeks 8 hours ago) and read 2018 times:
I can see the JFK networks complement each other fairly well, LAX to a point, but STL I can't see it provides DL with much it doesn't already have. What am I missing? Is this simply a chess move, for the post UA/US world, investment giving first call on TW (to protect against anybody else getting a toe in New York) should anybody else be interested?
Notdownnlocked From United States of America, joined Sep 2000, 944 posts, RR: 1
Reply 8, posted (14 years 3 months 2 weeks 6 hours ago) and read 2011 times:
What dormant route authorities does TW have that haven't been used in the last 5 years. Please don't mention routes discontinued since then as we are pretty well aware of this? I had heard that DL may be looking at AR but some of the 900M+ debt had to paid/forgiven before this could happen. As for AI, I'm pretty sure everybody under the sun will make a bid and the price will go high if the government decides when/if to sell.
Latinplane From United States of America, joined Dec 1999, 2739 posts, RR: 12
Reply 9, posted (14 years 3 months 2 weeks 5 hours ago) and read 2003 times:
For the time being it looks like Delta will not invest in AR, at least for the time being. Iberia has just decided to invest more money into AR until AR can turn a profit which will not be at least for a couple of more years. The Spanish gov. intends to divest itself from Aerolineas Argentinas until it is secure to be on it's own.
If the rumour turns out true about the TW deal, then I'd really be happy. This would insure TWA a better future ahead and bring it into a global alliance. Just in time after the Karabu contract expires.
TWAneedsNOhelp From , joined Dec 1969, posts, RR:
Reply 10, posted (14 years 3 months 2 weeks 5 hours ago) and read 1997 times:
How close are AR and AA? Does AA have an equity position in Aerolineas? I remember hearing that AR was going to join oneworld, but was passed over only because of the shaky financials. Is this true, are AA and AR close and will AA invest in the struggling carrier?
Acvitale From United States of America, joined Aug 2001, 922 posts, RR: 10
Reply 11, posted (14 years 3 months 1 week 6 days 13 hours ago) and read 1954 times:
Ar has equity stakes held by the Argentine government, Employees, Iberia, American and the Spanish Government. PArt of the DL deal included the debt being worked down. With the 600 million debt reduction just completed DL is now where they want to be it is easy to see DL stepping into ARs shoes at this time.
As for TWA not sure we will see. TW offers a strong caribbean route network, and strong midwest market that could augment much of Delta's service. I could see an equity investment but, not a merger. (Much like CO/NW deal currently)
Exusair From United States of America, joined Sep 2000, 684 posts, RR: 0
Reply 12, posted (14 years 3 months 1 week 5 days 2 hours ago) and read 1907 times:
It is no secret that DL is aching to get into the Argentina market. As of this past February, DL management was confident that they would be flying to Buenos Aires by the end of the year. That was until the Argentine gov't declared that all industrial contracts from the old regime are dead and any new deals must be renegotiated. As for an investment in TW...God help DL, after just announcing a 1 billion plus expansion at JFK, and having the add'l burdon of buying a new fleet in the next few years, why would they want a dead dog like TWA, no offense to TWA professionals, but you guys have a lot of old, tired, burned out employees, much like PA at the time of acquisition. A whole lot of debt and a one hub airline with uniquely different fleets, the 757's are not identical to the DL fleet, and the 717's are not on DL's ordering list. Look instead for an Alaska Airlines deal by DL if the US/UA meger goes through. This will give DL the west coast back and enable it to compete more evenly with UA and perhaps feed itself at LAX for Asian and Mexican routes.