Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
LH Has An Agreement With IB  
User currently offlineDme From Portugal, joined Mar 2004, 110 posts, RR: 0
Posted (7 years 1 week 2 days 5 hours ago) and read 10967 times:

Dear all,

According to the newspaper "El Mundo" (in Spanish,
http://www.elmundo.es/mundodinero/20...be1e5f5b81b338ed2c5c&t=1176215416)
LH has a verbal agreement with IB to buy it at 4€ per share (11% higher than TPG), i.e., something like 3800 million euros. If that is true, it will be predictable then that a Spanish group will join LH; ¿the Marsans Group, i.e., Spanair, Air Comet, and Aerolíneas Argentinas?. In that case the future company will be headed by a Spanish but the financial and commercial parts will be headed by the Gernans.

Regards,
DME.

Pd. Perhaps that is the agreement which has been taken place between the Spanish and German governments after the German electrical company E.On fiasco on the Spanish Endesa.

90 replies: All unread, showing first 25:
 
User currently offlineLHStarAlliance From , joined Dec 1969, posts, RR:
Reply 1, posted (7 years 1 week 2 days 5 hours ago) and read 10922 times:

Wow that´s an interesting article , IMO at the end LH will takeover IB , it´s perfect for the South America routes also the fleet is almost identical .

User currently offlineJimyvr From , joined Dec 1969, posts, RR:
Reply 2, posted (7 years 1 week 2 days 5 hours ago) and read 10828 times:

However, on 09APR07 edition of ATWOnline, Lufthansa says current IBERIA shares is "over-priced".

User currently offlinePanHAM From Germany, joined May 2005, 8739 posts, RR: 28
Reply 3, posted (7 years 1 week 2 days 5 hours ago) and read 10808 times:

Quoting Dme (Thread starter):

Pd. Perhaps that is the agreement which has been taken place between the Spanish and German governments after the German electrical company E.On fiasco on the Spanish Endesa.

Why should the Spanish Government feed a cookie after they massively intervened on the E.ON purchase? Why should the German government get involved in the transactions of a private company? LH is not under Government control.

For the same reasons they tried to keep Endesa Spanish, they must by any logic try to keep Iberiaq Spanish.

Next - Iberia is 60% privately held, Banks hold: 10% Caja Madrid, 9% BBVA, Airlines hold : 10% BA, 1% AA and the rest is held by corporations like Logostica, Ahorra and El Corte de Ingles. Any buyer must make an offer to the present shareholders.

Anyway, most interesting point is rather that LH would get ample slots at a modern airport with lots of capacity far enough fron the present hubs. If that offer is real, LH must issue an ad-hoc notice. They also have their AGN on the 18th April.



I'm not fishing for compliments
User currently offlineUAL777UK From United Kingdom, joined Nov 2005, 3356 posts, RR: 1
Reply 4, posted (7 years 1 week 2 days 4 hours ago) and read 10687 times:

Jeez, if LH could take control of IB, obviously they would jump to Star and then the whole of that region I.e. TAP is in the same alliance.......Great for Star but surely BA will try and head off an assault by LH as IMHO I thought IB were very important to BA going forward.

User currently offlineDALCE From Netherlands, joined Feb 2007, 1661 posts, RR: 7
Reply 5, posted (7 years 1 week 2 days 4 hours ago) and read 10680 times:

How healthy is IB financially seen?


flown on : F50,F70,CR1,CR2,CR9,E75,143,AR8,AR1,733,735,736,73G,738,753,744,319,320,321,333,AB6.
User currently offlineAirlineFanatic From United States of America, joined Mar 2004, 222 posts, RR: 0
Reply 6, posted (7 years 1 week 2 days 4 hours ago) and read 10680 times:

BA would be letting an opportunity pass that will change the European landscape especially with Open Skies next year. Congrats to LH if they are successful!

User currently offlineAtnight From United States of America, joined Dec 2005, 605 posts, RR: 1
Reply 7, posted (7 years 1 week 2 days 4 hours ago) and read 10617 times:

If LH ends up buying and owning IB, what would that do to IB's current r'ship with Oneworld? I really think that BA will be the one who losses the most by IB becoming a part of LH.... Honestly, if BA wants to keep competitive with the other big 2 airlines in Europe (AF/KL - LH), they should consider buying IB themselves and thus securing their position against them... Is not ideal for BA to own IB, but is probably worst for BA not to buy IB.... Also, OneWorld would have hardly any presense in Europe-Latin America and LH would dominate the region by a huge margin (already IB is the leading latin america-europe carrier)..
By buying IB, LH would also benefit StarAlliance as they would gain a huge player that flies to an area they are short of service to... Of course, that would be only if IB left OneWorld and became part of Star, and although it may not be discussed at the moment, the likely of that happening is very much so, as LH would benefit a lot by having IB in their alliance.... Anyways, if by LH buying IB makes it a better airline with better service, then I am happy for IB...
However, personally I would rather not see IB being sold, but if it gets sold, I wish that BA would buy IB...



B707 B727 B733/5/7/8/9 B742/4 B752/3 B763/4 B772 A310 A318/319/320 A332 A343 MD80 DC9/10 CRJ200 ERJ145 ERJ-170 Be1900 Da
User currently offlineDme From Portugal, joined Mar 2004, 110 posts, RR: 0
Reply 8, posted (7 years 1 week 2 days 4 hours ago) and read 10583 times:

Quoting DALCE (Reply 5):
How healthy is IB financially seen?

IB has something like 1700 million Euro in cash!.

Regards,
DME.


User currently offlineDALCE From Netherlands, joined Feb 2007, 1661 posts, RR: 7
Reply 9, posted (7 years 1 week 2 days 4 hours ago) and read 10498 times:

Quoting Dme (Reply 8):
IB has something like 1700 million Euro in cash!.

That's quite an amount  Smile



flown on : F50,F70,CR1,CR2,CR9,E75,143,AR8,AR1,733,735,736,73G,738,753,744,319,320,321,333,AB6.
User currently offlineAtnight From United States of America, joined Dec 2005, 605 posts, RR: 1
Reply 10, posted (7 years 1 week 2 days 3 hours ago) and read 10385 times:

Quoting LHStarAlliance (Reply 1):
Wow that´s an interesting article , IMO at the end LH will takeover IB , it´s perfect for the South America routes also the fleet is almost identical .

That's very true... LH biggest long-houl fleet are A340-300/600s and IB long-haul fleet is only A340-300/600... also, out of the major carriers of Europe, they are the only ones that lack PTVs in Y class, thus their IFE service is basically the same...



B707 B727 B733/5/7/8/9 B742/4 B752/3 B763/4 B772 A310 A318/319/320 A332 A343 MD80 DC9/10 CRJ200 ERJ145 ERJ-170 Be1900 Da
User currently offlinePADSpot From Germany, joined Jan 2005, 1676 posts, RR: 5
Reply 11, posted (7 years 1 week 2 days 2 hours ago) and read 10252 times:

Quoting Dme (Reply 8):
IB has something like 1700 million Euro in cash!.

LH has about 2,25 billion € of available cash, but what it gives its AAA+ rating can be found more in the details of annual report. Maybe financially the most solid airline of all ... if take a closer look at equity-to-assets ratio, debt rate, provisions etc you get an impression where the money really is. Quite impressive ...


User currently offlineIAD380 From United States of America, joined May 2006, 804 posts, RR: 0
Reply 12, posted (7 years 1 week 2 days 2 hours ago) and read 10193 times:

If this report is true, BA probably will submit a competing offer for IB. IB is financially strong, and it has assets that both LH and IB covet, namely a modern aircraft fleet and a strong Latin American route network. Under the circumstances, IB shareholders will benefit from a bidding war. The stakes are high, and I perceive that LH has a lot to gain, but BA has a lot to lose. BA/IB would surely rival AF/KL and LH/LX. However, LH/IB/LX would certainly weaken BA's position in Europe. Also, One World would suffer a severe a blow if IB left the alliance. Whoever buys IB will emerge as a strong competitor to AF/KL on routes between Europe and South America. BA/IB would dominate flights from Europe to the western hemisphere because BA flies to more destinations in North America and the Caribbean basin than any other European airline, and IB flies to more Latin American cities from Europe than any other carrier. If I were the CEO of LH, buying IB would have priority over AZ, even if IB is pricey.

User currently offlineBeaucaire From Syria, joined Sep 2003, 5252 posts, RR: 25
Reply 13, posted (7 years 1 week 2 days 1 hour ago) and read 10150 times:

Quoting IAD380 (Reply 12):
If I were the CEO of LH, buying IB would have priority over AZ, even if IB is pricey.

Agreed ! - AZ compared to Iberia is an absolute disaster,but even they will find a buyer ...
In my eyes, LH management knows very well about IB's strong assets and the complementarity both airlines would offer.
IB needs a lift in terms of service and customer-appeal - technically their fleet matches very nicely LH's fleet.
Iberia might even become a (small) A380 customer...



Please respect animals - don't eat them...
User currently offlineSumma767 From United Kingdom, joined Mar 2004, 2520 posts, RR: 6
Reply 14, posted (7 years 1 week 2 days ago) and read 9991 times:

Quoting Atnight (Reply 7):
If LH ends up buying and owning IB, what would that do to IB's current r'ship with Oneworld? I really think that BA will be the one who losses the most by IB becoming a part of LH

I am not sure if BA would really lose a lot of LH buying IB. Remember that AA has a huge precence in Latin America, and there is Lan Chile too.
With the new "quasi open skies" between the US and Europe, it should be easier for BA to colaborate more with AA, including more codeshares out of MIA. Further, perhaps LAN could fly directly to London and codeshare on BA flights on onward connections to Europe and beyond.
OneWorld could further increase its hold on Latinamerican by incorporating a Brazilian carrier. For intra-latinamerican flights, IB has no relevance.


User currently offlineRootsAir From Costa Rica, joined Feb 2005, 4186 posts, RR: 41
Reply 15, posted (7 years 1 week 2 days ago) and read 9894 times:

Quoting LHStarAlliance (Reply 1):
Wow that´s an interesting article , IMO at the end LH will takeover IB , it´s perfect for the South America routes also the fleet is almost identical .

would this mean IBeria in *alliance. that would be a big up for *A especially since their south american network has been affected by Varig leaving !

 airplane   wave 



A man without the knowledge of his past history,culture and origins is like a tree without roots
User currently offlineBA787 From United Kingdom, joined Jun 2006, 2596 posts, RR: 7
Reply 16, posted (7 years 1 week 2 days ago) and read 9863 times:

Quoting Summa767 (Reply 14):

This is very true.

I'm a bit skeptical about this report, until I see an official LH or IB statement, I will hold out on making an opinion


User currently offlineGemini573 From United States of America, joined Jan 2007, 146 posts, RR: 0
Reply 17, posted (7 years 1 week 2 days ago) and read 9860 times:

If IB is taken over by LH, oneworld will recruit another airline in LatAm; namely Mexicana. It'll fit their strategy. Have the big carriers namely (AA, BA), feed into the smaller carriers.

User currently offlineRootsAir From Costa Rica, joined Feb 2005, 4186 posts, RR: 41
Reply 18, posted (7 years 1 week 2 days ago) and read 9805 times:

Quoting Gemini573 (Reply 17):
If IB is taken over by LH, oneworld will recruit another airline in LatAm; namely Mexicana. It'll fit their strategy. Have the big carriers namely (AA, BA), feed into the smaller carriers.

nevertheless the Europe- LatAm connections will be very much affected. I hardly see anyone flying to South America via Mexico. Via Madrid must be the most direct connection so far. so I doubt MX will be a good replacement. Perhaps AV would suit better !

regards

 airplane   wave 



A man without the knowledge of his past history,culture and origins is like a tree without roots
User currently offlineConcorde001 From United Kingdom, joined Jan 2005, 1230 posts, RR: 3
Reply 19, posted (7 years 1 week 1 day 23 hours ago) and read 9734 times:

Why does BA have to worry about anything?

If I'm not mistaken, it seems BA is in a very comfortable position with regards to any takeover over IB

  • BA already owns 10% of IB
  • BA has first right to purchase another 30% of IB

Doesn't this put BA in a powerful position? If those with the 30% decide to sell, they have no choice but to ask BA first, and if BA agrees, then LH has no chance. It seems the ball is BA' court...or very soon will be!


User currently offlineIAD380 From United States of America, joined May 2006, 804 posts, RR: 0
Reply 20, posted (7 years 1 week 1 day 23 hours ago) and read 9706 times:

Quoting Summa767 (Reply 14):
I am not sure if BA would really lose a lot of LH buying IB. Remember that AA has a huge precence in Latin America, and there is Lan Chile too.

I disagree with your claim that BA would not lose a lot if LH bought IB. BA would lose IB's hub at MAD which connects much of the traffic between Europe and Latin America. AA's Latin American network is based in MIA (and to a lesser extent in DFW), not Europe. LA could not replace IB as BA's partner. First, SCL is not in a central geographic location for passengers travelling to or from Europe. Second, LA has a minimal presence in Europe since it only operates a daily SCL-MAD-FRA flights. Even if LA started flights to LHR and other European destination, it would not replace the loss of IB's hub in MAD.

Quoting Summa767 (Reply 14):
OneWorld could further increase its hold on Latinamerican by incorporating a Brazilian carrier. For intra-latinamerican flights, IB has no relevance.

LA has already established a strong network for flights throughout Latin America that serves One World passengers well. IB is relevant for travel between Europe and Latin America. I am not sure that bringing a Brazilian carrier into One World would strengthen its position in Latin America. AA handles flights between North and South America, LA flies throughout the region from several hubs, and it offers daily flights from South America to AKL and SYD. After the demise of RG, no Brazilian airline has a strong international presence. However, a Brazilian carrier could give One World relevance in Brazil's large domestic market.


User currently offlineStylo777 From Turkey, joined Feb 2006, 2904 posts, RR: 12
Reply 21, posted (7 years 1 week 1 day 23 hours ago) and read 9663 times:

3-4 weeks ago LH published this internally and that they are considering to take over IB, but still monitoring the whole market and the events. This eMail also mentioned that LH isn't averse to buy IB, because of the strong South America market and the leave of Varig.

In my eyes this would be the smartes move after the LX merge LH could do. As already mentioned by all of you LH/LX have almost a non-presence in South America.

Would this affect TP and especially JK? 2 Spanish carriers within the alliance (if IB would enter to Star)? Is that smart? Wouldn't this kill JK?


User currently offlineHumberside From United Kingdom, joined Dec 2005, 4914 posts, RR: 5
Reply 22, posted (7 years 1 week 1 day 22 hours ago) and read 9569 times:

Quoting Stylo777 (Reply 21):
Would this affect TP and especially JK? 2 Spanish carriers within the alliance (if IB would enter to Star)? Is that smart? Wouldn't this kill JK?

The future of Spanair would be interesting, especially as they are more than just a Star airline - SAS own a large stake in them and LH/SAS are of course close. Ii doubt SAS would be too happy if their Spanish airline was sidelined to mkake way for IB

I guess the most obvious thing may be for SAS to sell their stake to LH and try and merge JK intro IB, but would that get past the competition authorities?



Visit the Air Humberside Website and Forum
User currently offlineSumma767 From United Kingdom, joined Mar 2004, 2520 posts, RR: 6
Reply 23, posted (7 years 1 week 1 day 22 hours ago) and read 9563 times:

Quoting IAD380 (Reply 20):
BA would lose IB's hub at MAD which connects much of the traffic between Europe and Latin America. AA's Latin American network is based in MIA (and to a lesser extent in DFW), not Europe

Still, if one wants to fly LON-GUA (or UIO, GYE, BOG, CCS, LIM and so on) it would be a stop in MAD. One could also have one stop in MIA instead.
As you say, LAN with its different bases (Peru, Ecuador and Argentina, as well as Chile) has a good southamerican presence.
For the Europe-Lat Am links, more could be made out of AA and LAN out of MIA, and they could think about asking someone like AV, that is intending on returning to London by next year and has a base in a strategic location and and increasing route map (soon adding more central american destinations, for instance)

Quoting IAD380 (Reply 20):
However, a Brazilian carrier could give One World relevance in Brazil's large domestic market.

Exactly.


User currently offlineKLM685 From Mexico, joined May 2005, 1577 posts, RR: 19
Reply 24, posted (7 years 1 week 1 day 22 hours ago) and read 9539 times:

Quoting RootsAir (Reply 18):
nevertheless the Europe- LatAm connections will be very much affected. I hardly see anyone flying to South America via Mexico. Via Madrid must be the most direct connection so far. so I doubt MX will be a good replacement. Perhaps AV would suit better !

And what would the difference be? The most efficient wat to go from Europe to Latinamerica is directly from Europe or via Madrid. AV doesn't have a great Europe network that would secure transit via BOG and MX presence in Europe is none so...



KLM- The Best Airline in the World!
25 Atnight : I'm sorry to disagree with you, but there is no way IB would not really affect BA or OneWorld... How can you think that AA would provide the right li
26 Summa767 : BA flies to MEX itself. It could do with improving the frequencies though. AV would be useful for connections via BOG to all of Colombia, plus Ecuado
27 Post contains images LHStarAlliance : OH yezzz , I´ld love to have IB at *A , Imagine a IB *A A/C ! Well they really need it , LA or IB would fit perfectly in *A , or wait for a healthy
28 Summa767 : You are right about the visa hassle for non- Europe or US passport holders going thru the US. Then if OneWorld does lose IB, theys should move to rec
29 BAxMAN : Does anybody else think that Star Alliance getting an increased monopoly on mileage whores from the Iberian Peninsula, through Central Europe and then
30 Gemini573 : All these airlines; Austrian, Swiss, SAS, etc benefit one carrier only. LH. They all feed traffic into LH's network.
31 Acontador : Just one more thought: Why do you always connect LA with SCL? It's now many years that LA stopped being Lan Chile! What does IB offer to South America
32 LH526 : As is so much in spain! See real estate!!!
33 Jfk777 : BA service to South Anerica really centers around two places, Mexico City and Sao Paulo. Those are the two nonstop daily from LHR to the Spanish Ameri
34 MEACEDAR : How bad is IB doing? I thought they were getting a lot of loads.
35 Post contains links Concorde001 : It is being reported in tomorrow's edition of The Times (11 April) that IB wants BA to rescue it from a takeover from TPG (because BA has the power to
36 Post contains images Kiwiandrew : ****disclaimer : this is a hypothetical scenario***** so.... LH owns 29% of BD with an option to buy the rest of SMBs holding at a set price ( can't r
37 JoFMO : I very much dislike this 5 way scenario. LH should take over BM and BA should takeover IB. That would increase competition in the market. As fas as i
38 Stylo777 : just want to show you how big the deal would be: Iberia: MAD-BOG daily MAD-CCS daily MAD-UIO daily MAD-GRU 2xdaily MAD-GIG 5xweekly MAD-LIM daily MAD-
39 Post contains images RootsAir : People would refuse that dur to transit visa and the hassle of transiting through MIA. Its one of the reasons IB removed its MIA hub altogether! But
40 Kiwiandrew : I thought that Marsans group owned the bulk of JK - but it wouldn't be the first time that I have been wrong about something ( wont be the last eithe
41 Dme : Yes, SAS owns something like 95% of Spanair, the rest is owned by Grupo Marsans (which in turn owns Air Comet and AR). However, do not forget Air Eur
42 Bongodog1964 : This amounts to a stranglehold over the future of IB. LH are in a position that they need the co operation of BA to proceed in any way or form. IMO w
43 R2rho : Damn! The rumors that have been brought up in the past weeks are all coming true! I'm glad that this thread is getting more attention than the ones on
44 Post contains links StarFlyer : Sorry to disappoint you, but Lufthansa is far from being rated AAA+. Its current rating can be found here: http://www.lufthansa-financials.de/s...vle
45 Stylo777 : "With these credit ratings, Lufthansa is the best graded European airline and one of three carriers worldwide with an investment grade rating."
46 R2rho : To summarize some points/my opinion: 1. Given its financial and geo-strategic position, anyone smart would want IB, whether BA, LH or whoever. BA and
47 Aerosol : I my opinion: LH should not do it - why? - to different culutres. Swiss was easy to integrate - geographical nearness, same language and roughly the s
48 LHStarAlliance : That´s my biggest concern , it will be very difficult to fit IB in a German Company , OS would fit here far better than IB
49 PanHAM : Same language? If you ever worked for a Swiss company, you know that even the company culture is different, not speaking of the language. Once open s
50 Beaucaire : From a cultural perspective I don't see to much problems arising between Spanish and German culture.. There are more problems between French and Germa
51 Post contains links R2rho : To add a little spice to the discussion, this fresh article (same source, elmundo.es in Spanish) now negates the title of this thread: "IB CEO conside
52 Post contains images PADSpot : This is what I meant. I honestly did not look up its actual rating, but meant it figuratively. It is widely known that LH is one of three financially
53 LipeGIG : Just a correction: MAD-GRU 12x weekly MAD-GIG 5x weekly, authorized by ANAC to be daily effective april 3rd. Felipe
54 Adriaticflight : It would be a real shame if LH got its hands on IB. I have nothing against LH, its a fine airline with very nice service from what, in my opnion, is p
55 SailorOrion : BA did some huge mistakes with Deutsche BA imho. First, they tried to establish it as an airline that operates within Germany only, then they couldn't
56 Post contains links LHStarAlliance : Aero and N24 report that LH is going to T/O IB maybe this month . http://www.aero.de/news.php?varnewsid=3254
57 JoFMO : I really hate the idea of LH getting IB! LH could take over any other of their already partners like OS or SAS, I wouldn't care much. But there should
58 Dme : I do not understand your statement. I suppose that IB is trying to get the best price either BA or LH. What it is clear (at least for me) is that eit
59 Hiflyer : There is a program among STAR carriers to develop a common platform for res and airports. The program is well along. I seem to remember years back rea
60 LipeGIG : IMO, all that LH is looking for is the Latin American market, but lets say, TP will run very soon 67 weekly flights to South America, LH/LX other 28,
61 Scotron11 : The only one to blame is BA if LH really takes over IB! It p!sses me off that they let pass one opportunity after the other. The stuffed it up with K
62 Beaucaire : IB at 4 billion € is a fair price,considering the assets of the company,the positive cash-flow,cash-reserves and aircraft owned. Compared to the pr
63 Scotron11 : For BA ,targeting LHR as sole focus with flights to the US is a pretty poor politic -their presence in Europe has been reduced throughout the last ye
64 Bongodog1964 : I believe BA's very publicly quoted strategy is that they wish to make a 10% return on their shareholders investments. No thoughts of prestige, being
65 Beaucaire : Then shrink further as compared to your competitors and convert into a VLM like business-man's airline.. I can accomodate the need to remain profitab
66 Post contains images SKY1 : "El Mundo" never is the better source to find the right information and not only for Spanish domestic politics, but even to speak about the companies
67 LHStarAlliance : That´s right , Mayrhuber has said it just the price is not good ... Trust me if LH says IB joins *A , then it joins , JK could say what they want .
68 Bongodog1964 : There are absoloutly no political considerations at all. the British Government doesn't care one way or the other wheter we travel by BA or any other
69 Bongodog1964 : It has to be remembered that BA operates in a totally different environment to many of its European competitors. Ba does not control the majority of
70 JoFMO : The IB vs JK implications are really interesting in case LH takes over IB. I could see SK not really happy with IB becoming involved in Star and I am
71 R2rho : Well...what other source then? This whole thing is not getting the news coverage from Spanish media that it should. El Mundo is stating rumors; while
72 Post contains links and images Dme : At least in my opinion, the newspaper "El Mundo" is one of the best in Spain; but I do not think that this is the best place to discuss about newspap
73 BAStew : We should hear something this week from BA. From The Times, UK: "BRITISH AIRWAYS executives are this weekend continuing talks with Texas Pacific Group
74 Beaucaire : Did I miss something and TPG are in talks to buy British Airways ??
75 BAStew : I think they mean 'buying out the british airline' as in buying out BA's 10% stake in IB.
76 LHStarAlliance : It is one of the best in Spain with El Pais and LaVanguardia IMO Well some Airlines make publicity with the fact that their planes are maintained by
77 VV701 : Seems to me that with BA holding 10 per cent of IB and a pull option of a further 20 per cent they are in control and neither LH nor TPG are going any
78 Concorde001 : BA has the first right to 32% according to FT, Forbes, Bloomberg etc. With BA's current 10%, BA as the potential to own 42% of IB's shares before any
79 Post contains images Asturias : Of course, but if they are not prepared to buy now and someone else is, then this isn't much of an advantage. BA has been sitting on the fence for a
80 R2rho : Not too sure about that. Sure, from a purely short-term financial point of view, they would make good money out of selling their stake. But from a mo
81 Asturias : That was my point. Short term sell out is safer than a corporate merger with IB and immediately more profitable. Long term could be more profitable,
82 Post contains images SKY1 : To the best of my knowledge, every Star Alliance member have a veto right. It's childishly simple: neither Spanair nor SAS will never allow a hypothe
83 Asturias : I'm saying they may not have a choice. If they had a choice, then why have they not already done this a long time ago? BA may not want to give LH a c
84 R2rho : So perhaps raise their stake up to a point where they can avoid a takeover from someone else, and then hope for things to cool down around IB and tak
85 Post contains links Dme : Dear All, Some more news to this "old" post .... According to the financial newspaper 'Expansión', http://www.expansion.com/edicion/exp...mpresas/es/
86 Burkhard : I do not think anybody wants AZ as a bride. Maybe the biggest issue with the IB marrige is that the looser has to take AZ. Burkhard
87 Aisak : Doubtfully. Should LH be the loser, they won't buy Alitalia as they have Air One
88 Tiago701 : Although IB is undoubtedly one of the strongest carriers between Europe and Latin America it isn't the leading carrier between these two regions. It
89 PanHAM : Take the "domestic" routes to the French territories in the Caribbean and to Guyana out and you get a more comparative figure. Next - whoever wants t
90 Dme : Some more news, in Spanish, (http://www.expansion.com/edicion/exp/empresas/es/desarrollo/968760.html); in short, TPG has reached an agreement with Ban
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...
DBV - An Airport With A Tourist Attraction posted Wed Apr 4 2007 13:42:53 by TripleDelta
LH Cargo MD-11 With Two Different Engines! posted Mon Feb 19 2007 05:58:14 by Luke7e7
CO Interline Agreement With HP And UA posted Sun Feb 18 2007 22:28:27 by HnlBoi
Mair Reaches Definitive Agreement With Northwest posted Mon Jan 22 2007 23:27:08 by KarlB737
HA 763ER Purchase/Lease Agreement With Awas posted Fri Dec 1 2006 05:03:29 by HA_DC9
LH Has New Nick Name For The A380 posted Mon Nov 27 2006 13:16:10 by Columba
Finnair And Cost Savings - New Agreement With FAs posted Wed Nov 15 2006 14:44:08 by LordHowe
News Writer Contrasts GYY Situation With FNT Story posted Sun Sep 17 2006 19:11:07 by KarlB737
Australia Seeks "Open Skies" Agreement With US posted Thu Aug 10 2006 08:21:19 by Biddleonia007
EADS Reaches Jobs Agreement With UK posted Tue Jul 18 2006 13:22:06 by RichardPrice
Fokker Signs Lifetime Agreement With Austrian posted Wed Jan 20 2010 11:51:49 by Aviopic