Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
AZ Bid Update: EK In The Mix  
User currently offlineNycfly75 From Italy, joined Aug 2005, 751 posts, RR: 10
Posted (7 years 6 months 2 weeks 17 hours ago) and read 2094 times:

Fair Use:

MILAN (AFX) - Paolo Alazraki, the businessman leading a group of investors ready to bid for Alitalia SpA, (Nachrichten) said the consortium has a 3 bln eur war chest to fend off the airline's bankruptcy....

...The group is composed of 16 investors, including Alazraki, and includes hedge funds, venture capitalists, banks, pension funds and an Asian airline.....

...While the identity of the Asian airline is unknown, union officials said that Alazraki's emphasis on Dubai suggested interest from the airline Emirates.


Other item of note: AZ would leave Skyteam under this scenario.



http://www.finanznachrichten.de/nach...ichten-2007-01/artikel-7563412.asp

7 replies: All unread, jump to last
 
User currently offlineAtmx2000 From United States of America, joined Oct 2004, 4576 posts, RR: 38
Reply 1, posted (7 years 6 months 2 weeks 17 hours ago) and read 2071 times:

AZ's hubs would provide an excellent location for connecting traffic to smaller destinations in the rest of Europe from the ME, Asia, and Africa.


ConcordeBoy is a twin supremacist!! He supports quadicide!!
User currently offlineYOWza From Canada, joined Jul 2005, 4863 posts, RR: 15
Reply 2, posted (7 years 6 months 2 weeks 17 hours ago) and read 2042 times:

I was talking about AZ's woes to a friend a few weeks ago and I brought it up that the Maktoums have enough liquid cash to buy AZ about 10 times over. It could be a great acquisition.

Good hubs from which to attack the EU and North America. They would probably also be able to exploit the bilaterals Italy has with many countries to get more penetration to certain countries, provided they get some good lawyers (read bullshitters) on the payroll. Can anyone say AZ/EK codeshare into YYZ to slap EY in the face when they're feeling smug?

From afar it's tricky to tell them apart as it is


View Large View Medium
Click here for bigger photo!

Photo © Konstantin von Wedelstaedt



YOWza

[Edited 2007-01-11 22:50:55]


12A whenever possible.
User currently offlineAtmx2000 From United States of America, joined Oct 2004, 4576 posts, RR: 38
Reply 3, posted (7 years 6 months 2 weeks 14 hours ago) and read 1905 times:

Quoting YOWza (Reply 2):
Good hubs from which to attack the EU and North America.

AZ's hubs offer no signficant benefit over DXB for going to North America. They aren't in a great position for collecting European traffic going across the Atlantic, nor for connecting NA passengers to multiple destinations across Europe. It does seem like a good location for NA passengers going onwards to Asia.



ConcordeBoy is a twin supremacist!! He supports quadicide!!
User currently offlineNycfly75 From Italy, joined Aug 2005, 751 posts, RR: 10
Reply 4, posted (7 years 6 months 1 week 6 days 22 hours ago) and read 1778 times:

FCO would make a great European Hub/Jumping Point for EK. Its in an optimal position for flights from Africa, the Middle East and Asia.

User currently offlineBeaucaire From Syria, joined Sep 2003, 5252 posts, RR: 25
Reply 5, posted (7 years 6 months 1 week 6 days 22 hours ago) and read 1764 times:

I was probabely the only person on this forum persistantly defending the Alitalia assets and potential -but most people only look at medium -term strategies rather than longer term perspectives..
AZ has despite it's current trade-union related issues ,a hughe potential .Any major financial investor would focus on the potential and just get rid of the liabilities.
I predict AZ will be one of the great airlines of Europe in three years from now...



Please respect animals - don't eat them...
User currently offlineMagyarorszag From , joined Dec 1969, posts, RR:
Reply 6, posted (7 years 6 months 1 week 6 days 22 hours ago) and read 1745 times:

Here are three media links from today & wednesday about AZ future.


De Benedetti, others to decide today whether to bid for Alitalia - report
Alitalia suitors flying blind on job commitments
Texas Pacific rides into the bidding arena for Alitalia


User currently offlineNycfly75 From Italy, joined Aug 2005, 751 posts, RR: 10
Reply 7, posted (7 years 6 months 1 week 6 days 22 hours ago) and read 1734 times:

Quoting Beaucaire (Reply 5):
I predict AZ will be one of the great airlines of Europe in three years from now...

I truly hope so. Italy has a fantastic lesiure market, possibly unrivaled in the rest of Europe. A testament to that is DL's Italian traffic growth and the surge of flights to and from North America. Air France recently said Italy is their #2 market as did RyanAir I believe. AZ has not been taping into this success and hopefully a new owner will estore AZ's greatness.


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...
With Virgin In The Mix LCC Vs LCC? posted Sun Feb 29 2004 04:08:28 by Coa764
Report: AZ Deal With AF Or CA In The Works. posted Sun Oct 29 2006 17:08:35 by Nycfly75
U-Turns In The Skies Above Prescott, AZ posted Fri Feb 3 2006 21:12:10 by EkranoplanKM1
Contingency Plans In The Event AZ Folds posted Thu Jan 26 2006 01:56:32 by Nycfly75
What Do The Loads Look Like For EK IN J posted Tue Nov 16 2004 01:19:28 by Aerofan
Spotting In The US,update Request posted Sun Mar 23 2003 16:16:37 by Ba319-131
AZ In The UK posted Mon Sep 23 2002 22:00:11 by PA121
L-1011's @ Yuma AZ In The Mid-80s? posted Sat Jun 1 2002 06:09:52 by Clickhappy
SAS In Bid To Flush Out The Truth posted Fri May 31 2002 11:45:46 by Xray
Where To See EK's 773 In The Future? posted Tue May 14 2002 00:38:38 by Godbless