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Air India In Race To Buy Jat Airways  
User currently offlineSunnyb From Canada, joined Jul 2004, 247 posts, RR: 0
Posted (7 years 3 months 3 weeks 14 hours ago) and read 5712 times:

http://timesofindia.indiatimes.com/M...an_airline/articleshow/2087836.cms

After surviving all bids at privatisation, Air India and Indian Airlines, the two merging state-run carriers are bidding to buy controlling stakes in Jat Airways, Serbia’s national airline.

It’s the first time in its history that Air India is looking at buying another airline, let alone an international flagship. The only other contender to acquire Jat – formerly called Yugoslav Airlines – is Russia’s national carrier Aeroflot, which has already made a competitive bid for the offer.

V Thulasidas, who was on Tuesday appointed chairman and managing director of the merged airline, confirmed the move. “We have asked our consultants to look into the Jat Airways project,” he said.

Jat is expected to choose its partner for privatisation by June-end.

Sources from AI said that the Maharaja is looking at a controlling stake in the Serbian airline. Jat Airways CEO was in India early this year to discuss the proposal with AI.

“If the deal works out, we get a stronghold in the European market. AI could use Jat Airways rights to operate within Europe and beyond. We could also develop a hub in Belgrade Nikola Tesla airport for extensive European connections, which would benefit our passengers greatly,” the source said.

14 replies: All unread, jump to last
 
User currently offlineBeaucaire From Syria, joined Sep 2003, 5252 posts, RR: 24
Reply 1, posted (7 years 3 months 3 weeks 14 hours ago) and read 5674 times:

...and I thought Aeroflot wanted to buy them ....

http://www.luchtzak.be/article14273.html



Please respect animals - don't eat them...
User currently offlineKaran69 From India, joined Oct 2004, 2889 posts, RR: 17
Reply 2, posted (7 years 3 months 3 weeks 14 hours ago) and read 5614 times:

So they seem to believe and intend to adopt a 9W strategy similar to BRU at Belgrade, Currently at FRA their scissors operations are giving logistics nightmares because of lack of aircrafts.

Karan


User currently offlineJaysit From , joined Dec 1969, posts, RR:
Reply 3, posted (7 years 3 months 3 weeks 14 hours ago) and read 5555 times:

Well, trust AI to choose a European airline that's winning awards all around!

User currently offlineMaverickM11 From United States of America, joined Apr 2000, 17499 posts, RR: 45
Reply 4, posted (7 years 3 months 3 weeks 13 hours ago) and read 5534 times:

Quoting Sunnyb (Thread starter):
we get a stronghold in the European market.

Oh really? Through whom? Silly



E pur si muove -Galileo
User currently offlineMrComet From Ireland, joined Mar 2005, 542 posts, RR: 8
Reply 5, posted (7 years 3 months 3 weeks 13 hours ago) and read 5495 times:

It is not likely a strategic move by either. It's probably just an opportunity at privitization fraud. Top people are likely paid off to give a good deal to someone. Sorry.


The dude abides
User currently offlineJaysit From , joined Dec 1969, posts, RR:
Reply 6, posted (7 years 3 months 3 weeks 12 hours ago) and read 5386 times:

Quoting MaverickM11 (Reply 4):
Quoting Sunnyb (Thread starter):
we get a stronghold in the European market.

Oh really? Through whom?

Why, through a Serbian carrier, previously a renowned Yugoslav carrier, of course!!!

Next move for Air India will be to buy Orient Thai Airways, that renowned Thai carrier, to get a stronghold in the East Asian market, followed by the purchase of Iraqi Airways, that renowned Arab carrier . . .

You get my gist.


User currently offlineBEG2IAH From United States of America, joined Apr 2004, 968 posts, RR: 18
Reply 7, posted (7 years 3 months 3 weeks 11 hours ago) and read 5305 times:
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Quoting Jaysit (Reply 6):
Why, through a Serbian carrier, previously a renowned Yugoslav carrier, of course!!! (...) You get my gist.

What a bunch of uninformed crap! It's sometimes better to know a few facts before you write.

Jat Airways holds a current IATA Operational Safety Audit (IOSA): http://www.iata.org/ps/services/iosa/operators/Jat+Airways.htm
Jat Airways is a 3 star airline (like many American airlines): http://www.airlinequality.com/Airlines/JU.htm
Jat Airways codeshares with AF, LH, OS, OK, SU and AZ.

JAT flew to 61 destinations on 5 continents before the wars screwed everything up in the Balkans. They were always top notch in terms of service and innovations. Jat Airways survived nearly a decade of economic sanctions. Its entire fleet was grounded all over the place, and they only flew 2 domestic destinations for years. Although things changed quite a bit since then, and Jat Airways is way smaller company now, it will celebrate 80 years of existence just this year. If I was searching for a word "renowned", I would definitely look at JAT too.

Here's quite good presentation of Jat Airways: http://en.wikipedia.org/wiki/Jat_Airways

And the Serbian Government just announced that the privatisation decision will not be made by the end of June (as previously announced), but by August.

BEG2IAH



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User currently offlineVincewy From Taiwan, joined Oct 2005, 767 posts, RR: 1
Reply 8, posted (7 years 3 months 3 weeks 11 hours ago) and read 5276 times:

Wow, I got scared and thought AI tried to take over 9W (Jet Airways). Anyway, I missed the old days when JAT was serving not only Belgrade, but also Zagreb and Ljubljana. The networks were much bigger, with a number of DC10s for long hauls, had the Balkans not split at all, BEG would've been much busier/bigger hub, from US/Canada, they were also offering cheap fares to Europe.

I'm really glad both AI and 9W are reviving certain underutilized airports in Europe, a win-win situation for both sides.


User currently offlineWestWing From United States of America, joined Feb 2005, 2134 posts, RR: 7
Reply 9, posted (7 years 3 months 3 weeks 8 hours ago) and read 5136 times:

Quoting BEG2IAH (Reply 7):
Jat Airways holds a current IATA Operational Safety Audit (IOSA):

Interestingly, a specific possible safety violation was discussed recently in this thread.
[EDIT: Just noticed you (BEG2IAH) know that because you provided very useful information in your post in that thread.]

[Edited 2007-05-31 04:30:34]


The best time to plant a tree is 40 years ago. The second best time is today.
User currently offlineBEG2IAH From United States of America, joined Apr 2004, 968 posts, RR: 18
Reply 10, posted (7 years 3 months 3 weeks 8 hours ago) and read 5080 times:
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Quoting WestWing (Reply 9):
Interestingly, a specific possible safety violation was discussed recently in this thread.

Yes, and serious companies take care of that. Some 20 people who were involved are in big trouble as we speak. Some are suspended, some sent to take additional coursework. There was no cover up, which is exactly what I'd like to see in every company.

Guys who did work on YU-ANF are from Jat Technics (officially not part of Jat Airways anymore), and it they will pay for their mistake. Jat Tehnics received the JAR 145 certificate from the European Aviation Safety Agency (EASA), and in February of 2007 they also obtained a certificate from the FAA.

Mistakes happen, and the action that followed in this case is a very good sign.

BEG2IAH



FAA killed the purpose of my old signature: Use of approved electronic devices is now permitted.
User currently offlineHAWK21M From India, joined Jan 2001, 31684 posts, RR: 56
Reply 11, posted (7 years 3 months 3 weeks 3 hours ago) and read 4856 times:

Quoting Jaysit (Reply 3):
Well, trust AI to choose a European airline that's winning awards all around!

What awards.
regds
MEL



Think of the brighter side!
User currently offlineSshank From United States of America, joined Jul 2004, 309 posts, RR: 0
Reply 12, posted (7 years 3 months 2 weeks 6 days 20 hours ago) and read 4610 times:

Presumably Ariana was not available or was it to classy for AI?

Quoting Jaysit (Reply 6):
Why, through a Serbian carrier, previously a renowned Yugoslav carrier, of course!!!

Next move for Air India will be to buy Orient Thai Airways, that renowned Thai carrier, to get a stronghold in the East Asian market, followed by the purchase of Iraqi Airways, that renowned Arab carrier . . .

You get my gist.


User currently offlineFLYGUY767 From , joined Dec 1969, posts, RR:
Reply 13, posted (7 years 3 months 2 weeks 6 days 20 hours ago) and read 4564 times:

Quoting Karan69 (Reply 2):
So they seem to believe and intend to adopt a 9W strategy similar to BRU

I dont think that it is possible for the forseeable future that Air India will ever have the class that the new Jet Airways does, and will continue to exhude.

Quoting Karan69 (Reply 2):
Currently at FRA their scissors operations are giving logistics nightmares because of lack of aircrafts.

Yet their Frankfurt operation offers them a prime European gateway and a prime yields in the Premuim cabins.

Quoting Jaysit (Reply 6):
Why, through a Serbian carrier, previously a renowned Yugoslav carrier, of course!!!

My thoughts exactly! What is the O/D India ex BEG? What is the O/D besides VFR for the United States ex BEG? This is sounding more and more like Air India is trying to play a "Keeping up with the Jones" game with Jet Airways. However, I cannot think of another worse plan than that of a JAT and Air India tie-up. This is the storm before the disaster!

-JD


User currently offlineBEG2IAH From United States of America, joined Apr 2004, 968 posts, RR: 18
Reply 14, posted (7 years 3 months 2 weeks 6 days 17 hours ago) and read 4440 times:
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Quoting FLYGUY767 (Reply 13):
What is the O/D India ex BEG? What is the O/D besides VFR for the United States ex BEG? This is sounding more and more like Air India is trying to play a "Keeping up with the Jones" game with Jet Airways. However, I cannot think of another worse plan than that of a JAT and Air India tie-up. This is the storm before the disaster!

A bit of new information... Serbian Government will prepare a new piece of legislation that will regulate the privatisation of all big public sector (state owned) companies. This will be done by August, and Serbian Deputy Prime Minister Mr. Djelic said that AI, SU and others (there are more players) will have the same starting position to compete for Jat Airways. All offers will be evaluated and no one can really know if AI will win. Jat Technics and the Belgrade airport (Nikola Tesla International Airport) will be privatised too.

BEG2IAH



FAA killed the purpose of my old signature: Use of approved electronic devices is now permitted.
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