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Is LH Still Eying Iberia?  
User currently offlineBeaucaire From Syria, joined Sep 2003, 5252 posts, RR: 24
Posted (7 years 3 months 2 weeks 5 hours ago) and read 3541 times:

..now that the share-price of Iberia has dropped from 4 € to 2.7 € the take-over seems from a financial point of view more interesting.
Are there any news in the Spanish media talking about a re-vival of LH as a candidate ? It was sugested that Caja Madrid was not against an entry of LH into the capital.


Please respect animals - don't eat them...
20 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 2 weeks 4 hours ago) and read 3494 times:

the shareprice of IB is rising 5,2% this morning -any reason ?


Please respect animals - don't eat them...
User currently offlineAdicool From Netherlands, joined Apr 2007, 303 posts, RR: 0
Reply 2, posted (7 years 3 months 2 weeks 2 hours ago) and read 3416 times:

I think LH will first focus on BD and then maybe IB - they are very interested into the strong Latin American market, but won't buy IB for any price...LHR and BD are more attractive for LH.

User currently offlineAmerican 767 From United States of America, joined May 1999, 4253 posts, RR: 12
Reply 3, posted (7 years 3 months 2 weeks ago) and read 3269 times:
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Quoting Adicool (Reply 2):
won't buy IB for any price...LHR and BD are more attractive for LH.

This would make more sense, because BD is a Star airline and IB isn't. If LH wants to invest in a strong Latin American market, they could look at TP which is also a Star airline. TP is Star's only presence in South America isn't it?



Ben Soriano
User currently offlineUAL777UK From United Kingdom, joined Nov 2005, 3356 posts, RR: 1
Reply 4, posted (7 years 3 months 1 week 6 days 23 hours ago) and read 3216 times:



Quoting Adicool (Reply 2):
I think LH will first focus on BD

i really do hope so, BD do seem to be turning the corner as of late but IMHO they could become a force to be reckoned with if LH takes them over and shows them they way to truly prosper, especially out of LHR and on TATL flying when they enter that market in 2009.


User currently offlineEUROBUS From Spain, joined Nov 2004, 313 posts, RR: 0
Reply 5, posted (7 years 3 months 1 week 6 days 23 hours ago) and read 3179 times:

Iberia has raised a spectacular 7% today beyond all other public companies, and all thanks to the also spectacular rise of Gala Capital, the consortium that was not welcome last Dec 21st by the IB board of administrators and Caja Madrid. Now this might change. However, so much for the plan of stability and continuity of the company, all this hassle and hullabaloo is just creating more uncertainty about its future. Not nice..


Who says airports are boring places?!
User currently offlineIAD380 From United States of America, joined May 2006, 804 posts, RR: 0
Reply 6, posted (7 years 3 months 1 week 6 days 21 hours ago) and read 3071 times:

If LH seriously bids for IB, I think BA may reconsider its decision not to exercise its option for the Spanish airline.

User currently offlineAdicool From Netherlands, joined Apr 2007, 303 posts, RR: 0
Reply 7, posted (7 years 3 months 1 week 6 days 19 hours ago) and read 2965 times:



Quoting American 767 (Reply 3):
If LH wants to invest in a strong Latin American market, they could look at TP which is also a Star airline. TP is Star's only presence in South America isn't it?

well, TP isn't a Latin American carrier, but they have an excessive network in Brazil and apparently their flight to CCS are also doing pretty well...
I have heard a lot of rumours about LH and TP...some people say, the Portuguese government knows that LH will try to buy their way in asap when the company becomes public and that's why they try to keep it a governmental enterprise. Anyways, IMHO would TP also be the better choice for TP as they are already *A-member and have a good geographical situation...time will tell. I seriously don't want to fly IB metal to Latin American anymore, the first time was enough.

About BD. SK are trying to get rid of their stocks, and, as they are very close to LH, I personally think the German carrier will be the first one to buy them...The only problem I see is SMB and his 50%+1 stock in BD. I don't know if he's really willing to sell them...

By the way: Does anyone know something about the rumoured interest of TP in JK?


User currently offlineLH748i From Germany, joined Sep 2007, 89 posts, RR: 0
Reply 8, posted (7 years 3 months 1 week 6 days 18 hours ago) and read 2876 times:



Quoting American 767 (Reply 3):
TP is Star's only presence in South America isn't it?

LH themselves have presence in South America (GRU, EZE, MEX, CUN, SCL, CSS, GIG)



Lights will guide you home... next: FRA - BOG - FRA
User currently offlineIAD380 From United States of America, joined May 2006, 804 posts, RR: 0
Reply 9, posted (7 years 3 months 1 week 6 days 18 hours ago) and read 2838 times:



Quoting LH748i (Reply 8):
LH themselves have presence in South America (GRU, EZE, MEX, CUN, SCL, CSS, GIG)

LH flies to GRU, EZE, CCS, and MEX. LX flies to SCL. LH doesn't fly to GIG or CUN. Star partner MX offers connections to CUN.


User currently offlineGatoVolador From Spain, joined Apr 2007, 435 posts, RR: 1
Reply 10, posted (7 years 3 months 1 week 6 days 14 hours ago) and read 2711 times:



Quoting IAD380 (Reply 6):
If LH seriously bids for IB, I think BA may reconsider its decision not to exercise its option for the Spanish airline.

BA can bid for Iberia, but they lost the option to buy and now the bank Caja Madrid has the shares that BA could have bought.


User currently offlineAIR MALTA From Malta, joined Sep 2001, 2557 posts, RR: 1
Reply 11, posted (7 years 3 months 1 week 6 days 5 hours ago) and read 2594 times:



Quoting Adicool (Reply 7):
The only problem I see is SMB and his 50%+1 stock in BD. I don't know if he's really willing to sell them...

May be SMB does not want to sell his shares to LH and I hope if he gets to sell that he choses to go "British" that is British Airways  Wink



Next flights : BRU-ZRH-CAI (LX)/ BRU-FCO-TLV (AZ)
User currently offlineJoFMO From Germany, joined Jul 2004, 2211 posts, RR: 0
Reply 12, posted (7 years 3 months 1 week 6 days ago) and read 2449 times:



Quoting AIR MALTA (Reply 11):
May be SMB does not want to sell his shares to LH and I hope if he gets to sell that he choses to go "British" that is British Airways Wink

It does not matter what SMB wants. LH has a call option and they can use whenever they want.

But if he cares about his baby, the achievement of his lifetime, he better sells it to LH instead. They would care about his brand and make it prosper.
BA would just incorporate bmi, repaint the planes, use the slots for additional long haul service. In 10 years time no body would remember bmi and SMB anymore. Maybe some in forums like these....


User currently offlineEddieDude From Mexico, joined Nov 2003, 7663 posts, RR: 41
Reply 13, posted (7 years 3 months 1 week 5 days 15 hours ago) and read 2279 times:



Quoting LH748i (Reply 8):
LH themselves have presence in South America (GRU, EZE, MEX, CUN, SCL, CSS, GIG)

Mexico is not in South America.

Quoting IAD380 (Reply 9):
Star partner MX offers connections to CUN.

MX is not in Star. It used to be but not anymore. It does maintain a mileage and codeshare partnership with LH though.



Next flights: MEX-JFK-MEX AM 788 | MEX-JFK-FCO AM 788/AZ A332 | AMS-MEX 74M
User currently offlineViscount724 From Switzerland, joined Oct 2006, 26639 posts, RR: 22
Reply 14, posted (7 years 3 months 1 week 5 days 14 hours ago) and read 2263 times:



Quoting EddieDude (Reply 13):
Quoting IAD380 (Reply 9):
Star partner MX offers connections to CUN.

MX is not in Star. It used to be but not anymore. It does maintain a mileage and codeshare partnership with LH though.

MX also still codeshares with a couple of other Star carriers -- NH to NRT and NZ to AKL, both via LAX.


User currently offlineZRH From Switzerland, joined Nov 1999, 5576 posts, RR: 35
Reply 15, posted (7 years 3 months 1 week 5 days 14 hours ago) and read 2261 times:

Here is an interesting article about taking over an other airline. The LH CFO Gemkow talks about how well the acquisition of SWISS went and what the requirements are to buy an airline. The future acquisitions may not be compared with the SWISS integration. He also says that the airline business is not yet very consolidated. (in German):
Die Swiss als Idealfall einer Uebernahme


User currently offlineEddieDude From Mexico, joined Nov 2003, 7663 posts, RR: 41
Reply 16, posted (7 years 3 months 1 week 5 days 14 hours ago) and read 2255 times:



Quoting Viscount724 (Reply 14):
MX also still codeshares with a couple of other Star carriers -- NH to NRT and NZ to AKL, both via LAX.

That is correct. Interestingly, MX also codeshares with JL if I am not mistaken, so I don't know if that is a sign that the partnership with NH will be terminated soon.



Next flights: MEX-JFK-MEX AM 788 | MEX-JFK-FCO AM 788/AZ A332 | AMS-MEX 74M
User currently offlineA350 From Germany, joined Nov 2004, 1107 posts, RR: 21
Reply 17, posted (7 years 3 months 1 week 4 days 18 hours ago) and read 2110 times:

I wonder if it would make sense to acquire Air Madrid or Spanair and grow with them organically. Air Madrid already operates longhaul. Spanair is already Star and LH could give them a dozen of 787s to develop a LatAm network. LatAm needs competition to IB anyway, why not do it yourself instead of buying the market leader and waiting for someone else to start up?


Je suis Charlie
User currently offlineBBADXB From , joined Dec 1969, posts, RR:
Reply 18, posted (7 years 3 months 1 week 4 days 18 hours ago) and read 2085 times:

Air Madrid has been dead for over a year.

User currently offlineBuyantUkhaa From Mongolia, joined May 2004, 2960 posts, RR: 3
Reply 19, posted (7 years 3 months 1 week 4 days 15 hours ago) and read 2014 times:



Quoting American 767 (Reply 3):
If LH wants to invest in a strong Latin American market, they could look at TP which is also a Star airline. TP is Star's only presence in South America isn't it?

I'd say LH acquiring TP makes total sense. After that though IB would be too much overlap...

Quoting Adicool (Reply 7):
By the way: Does anyone know something about the rumoured interest of TP in JK?

Would make sense, if IB is no option.



I scratch my head, therefore I am.
User currently offlineA350 From Germany, joined Nov 2004, 1107 posts, RR: 21
Reply 20, posted (7 years 3 months 1 week 3 days 18 hours ago) and read 1925 times:



Quoting BBADXB (Reply 18):
Air Madrid has been dead for over a year.

Oops, I somehow mixed up Air Madrid with Air Europa. Definitely a lack of A.net in the last months  cry 

A350



Je suis Charlie
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