Beaucaire From Syria, joined Sep 2003, 5252 posts, RR: 26 Posted (5 years 5 months 2 weeks 1 day 7 hours ago) and read 2927 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.
Adicool From Netherlands, joined Apr 2007, 266 posts, RR: 0 Reply 2, posted (5 years 5 months 2 weeks 1 day 4 hours ago) and read 2802 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.
American 767 From United States of America, joined May 1999, 3333 posts, RR: 14 Reply 3, posted (5 years 5 months 2 weeks 1 day 2 hours ago) and read 2655 times:
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?
"Aimer jusqu'a l'impossible, c'est possible". Tina Arena.
UAL777UK From United Kingdom, joined Nov 2005, 3355 posts, RR: 1 Reply 4, posted (5 years 5 months 2 weeks 1 day 1 hour ago) and read 2602 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.
EUROBUS From Spain, joined Nov 2004, 313 posts, RR: 0 Reply 5, posted (5 years 5 months 2 weeks 1 day 1 hour ago) and read 2565 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..
Adicool From Netherlands, joined Apr 2007, 266 posts, RR: 0 Reply 7, posted (5 years 5 months 2 weeks 21 hours ago) and read 2351 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?
JoFMO From Germany, joined Jul 2004, 2211 posts, RR: 0 Reply 12, posted (5 years 5 months 2 weeks 2 hours ago) and read 1835 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....
ZRH From Switzerland, joined Nov 1999, 5544 posts, RR: 40 Reply 15, posted (5 years 5 months 1 week 6 days 16 hours ago) and read 1647 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
EddieDude From Mexico, joined Nov 2003, 7253 posts, RR: 45 Reply 16, posted (5 years 5 months 1 week 6 days 16 hours ago) and read 1641 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.
A350 From Germany, joined Nov 2004, 1098 posts, RR: 23 Reply 17, posted (5 years 5 months 1 week 5 days 20 hours ago) and read 1496 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?
Photography - the art of observing, not the art of arranging
BuyantUkhaa From Mongolia, joined May 2004, 2781 posts, RR: 3 Reply 19, posted (5 years 5 months 1 week 5 days 17 hours ago) and read 1400 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?