Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
BA,SQ And VS Discussing 25% Stake In KingFisher  
User currently offlineAviationbuff From India, joined Mar 2008, 1425 posts, RR: 3
Posted (5 years 10 months 4 days 4 hours ago) and read 5336 times:

Kingfisher plans 25 per cent stake sale

Kingfisher is discussing a 25% stake sale with British Airways, Singapore Airlines and Virgin Atlantic for a strategic investment.

The Indian government is planning to allow foreign airlines to invest in Indian carriers with a cap of just below 26 per cent.

If this happens then it will be a much required boost for Kingfisher as well as other Indian carriers including 9W.

http://www.travelbizmonitor.com/king...-plans-25-per-cent-stake-sale-4028

20 replies: All unread, jump to last
 
User currently offlineOlympic472 From United States of America, joined Jun 2008, 456 posts, RR: 0
Reply 1, posted (5 years 10 months 4 days 3 hours ago) and read 5301 times:

It is good only for Kingfisher if they "bite"  Wink . I do not see the horizon, they have to hold their investment for a long-g-g- time.


Civil Aviation has a "Need for Speed"!
User currently offlineRyanair!!! From Australia, joined Mar 2002, 4755 posts, RR: 26
Reply 2, posted (5 years 10 months 4 days 3 hours ago) and read 5211 times:

The Indian aviation scene might be overheating from the boom we have seen in the last 10 years. It is a case of too much too soon and we have seen the vistims already from Air Sahara, to Air Deccan - mergers to try and make things right.

Now it is a matter of time before we see another victim.



Welcome to my starry one world alliance, a team in the sky!
User currently offlineTemph0 From United Kingdom, joined Dec 2006, 9 posts, RR: 0
Reply 3, posted (5 years 10 months 4 days 2 hours ago) and read 5078 times:

"The Indian government is planning to allow foreign airlines to invest in Indian carriers with a cap of just below 26 per cent."


When do you see this happening?


User currently offlineAsiaflyer From Singapore, joined May 2007, 1135 posts, RR: 0
Reply 4, posted (5 years 10 months 3 days 23 hours ago) and read 4785 times:



Quoting Temph0 (Reply 3):
When do you see this happening?

The decision from the Indian government can be imminent, as the cash situation for both Kingfisher and Jet Airways seems to be troublesome and they need cash injection sooner rather than later..
I guess the corporate finance people are working hard with the due dilligence now.

Would be surprised if not AF/KL are interested in a stake as well.



SQ,MI,MH,CX,KA,CA,CZ,MU,KE,OZ,QF,NZ,FD,JQ,3K,5J,IT,AI,IC,QR,SK,LF,KL,AF,LH,LX,OS,SR,BA,SN,FR,WF,1I,5T,VZ,VX,AC,NW,UA,US,
User currently offlineAA1818 From Trinidad and Tobago, joined Feb 2006, 3435 posts, RR: 4
Reply 5, posted (5 years 10 months 3 days 23 hours ago) and read 4750 times:

I would hope that BA would go for 9W to lure them into oneWorld. Perhaps CX fo QF could get a bite of the action with BA if they wanted to invest in 9W.

AA1818



“The moment you doubt whether you can fly, you cease for ever to be able to do it.” J.M. Barrie (Peter Pan)
User currently offlineAviasian From Singapore, joined Jan 2001, 1486 posts, RR: 14
Reply 6, posted (5 years 10 months 3 days 23 hours ago) and read 4687 times:

Ironic if BA buys into Kingfisher. When the latter launched Bangalore - London-LHR services, it described itself as the "Harrods of the Sky" and branded BA "mediocre".

Spoken too soon.

KC Sim


User currently offlineBrilondon From Canada, joined Aug 2005, 4226 posts, RR: 1
Reply 7, posted (5 years 10 months 3 days 22 hours ago) and read 4655 times:



Quoting Aviasian (Reply 6):
Ironic if BA buys into Kingfisher. When the latter launched Bangalore - London-LHR services, it described itself as the "Harrods of the Sky" and branded BA "mediocre".

Well then I would love to see VA buy into Kingfisher and let the "mediocre" BA wanting. SRB would love nothing more then this to happen and I'm sure VA will pull out all the stops or start up Virgin India like he did in Austrailia and thre U.S.



Rush for ever; Yankees all the way!!
User currently offlineAA1818 From Trinidad and Tobago, joined Feb 2006, 3435 posts, RR: 4
Reply 8, posted (5 years 10 months 3 days 22 hours ago) and read 4638 times:



Quoting Brilondon (Reply 7):
Well then I would love to see VA buy into Kingfisher and let the "mediocre" BA wanting. SRB would love nothing more then this to happen and I'm sure VA will pull out all the stops or start up Virgin India like he did in Austrailia and thre U.S.

IT seems like a perfect fit for VS. Especially if they've been taunting BA!

AA1818



“The moment you doubt whether you can fly, you cease for ever to be able to do it.” J.M. Barrie (Peter Pan)
User currently offlineBCAL From United Kingdom, joined Jun 2004, 3384 posts, RR: 16
Reply 9, posted (5 years 10 months 3 days 22 hours ago) and read 4637 times:



Quoting Aviasian (Reply 6):
When the latter launched Bangalore - London-LHR services, it described itself as the "Harrods of the Sky"

Ask any Londoner and they will tell you Harrods, since Al Fayed acquired it, is no longer the exclusive store that it once was. Still oppulent, and still frightfully expensive, but now primarily caters for tourists, nouveau rich, and footballers' wives. Harvey Nicks is the Harrods of today.

Quoting Brilondon (Reply 7):
I would love to see VA buy into Kingfisher

Bearing in mind that the Bearded One cannot even raise the finance to buy SQ's 49% shareholding of VS, I wonder where he is planning to get the money from? It is probably another publicity stunt, just like the talks to buy LGW with squeezyJet.



MOL on SRB's latest attack at BA: "It's like a little Chihuahua barking at a dying Labrador. Nobody cares."
User currently offlineAA1818 From Trinidad and Tobago, joined Feb 2006, 3435 posts, RR: 4
Reply 10, posted (5 years 10 months 3 days 22 hours ago) and read 4584 times:



Quoting BCAL (Reply 9):
Harvey Nicks is the Harrods of today.

What about Selfridges?

Quoting BCAL (Reply 9):
Bearing in mind that the Bearded One cannot even raise the finance to buy SQ's 49% shareholding of VS, I wonder where he is planning to get the money from? It is probably another publicity stunt, just like the talks to buy LGW with squeezyJet.

I did not realize that VS was strapped for cash. I assume that the situation isn't dire since there have been no reports about VS being in serious financial trouble as yet?!

AA1818



“The moment you doubt whether you can fly, you cease for ever to be able to do it.” J.M. Barrie (Peter Pan)
User currently offlineAlessandro From , joined Dec 1969, posts, RR:
Reply 11, posted (5 years 10 months 3 days 22 hours ago) and read 4567 times:

Could we see Emirates buying into Kingfisher to get hold of their A380ies?
I wonder if the choose of engines and interior of the 5 A380 on order will be decided to match
a buying airline?

[Edited 2008-11-17 07:44:39]

User currently offlineBongodog1964 From United Kingdom, joined Oct 2006, 3585 posts, RR: 3
Reply 12, posted (5 years 10 months 3 days 20 hours ago) and read 4435 times:



Quoting Asiaflyer (Reply 4):
Would be surprised if not AF/KL are interested in a stake as well.

I kow that there is a huge demand for UK-India flights, due to our historic ties with India, and our sizeable population with Indian connections, but is the situation similar for France and/or the Netherlands ?

If the demand for flights isn't there, how could it be a good decision for them to expand into India ? There's no point spending money on a stake, if the return is likely to be poor. Far better to find another airline where there's a better chance of profit.

As to VS, do they have the ability to take financial stakes in other airlines. They still have SQ as a 49% shareholder, who have indicated they want out. Firstly if SQ want out, they probably wouldn't be looking to put more money in to finance a stake in Kingfisher, and secondly if VS can't find a way of buying out SQ. where will they get the funds from.


User currently offlineBCAL From United Kingdom, joined Jun 2004, 3384 posts, RR: 16
Reply 13, posted (5 years 10 months 3 days 19 hours ago) and read 4316 times:



Quoting AA1818 (Reply 10):
What about Selfridges?

Selfridges certainly has more appeal than Harrods but is not quite in the same league as Harvey Nicks.

Quoting AA1818 (Reply 10):
I assume that the situation isn't dire since there have been no reports about VS being in serious financial trouble as yet?!

I was not suggesting that VS has any financial troubles, merely that SRB is having problems finding partners willing to take the risk of funding his take-overs and acquisitions perhaps in the present market turmoils. However, SRB is always making bids, probably just to get publicity.



MOL on SRB's latest attack at BA: "It's like a little Chihuahua barking at a dying Labrador. Nobody cares."
User currently offlineBaexecutive From United Kingdom, joined Jul 2005, 744 posts, RR: 0
Reply 14, posted (5 years 10 months 3 days 19 hours ago) and read 4304 times:



Quoting Aviasian (Reply 6):
it described itself as the "Harrods of the Sky"

LMAO

Hmmmm I wouldn't really be comparing my airline to an overcrowded, overpriced shop full of tacky tourist gifts and furniture that wouldn't look out of place in Barbara Carlands living room!

Mind you maybe thats the market they are appealing for  Big grin


User currently offlineTheginge From United Kingdom, joined Oct 2006, 1132 posts, RR: 0
Reply 15, posted (5 years 10 months 3 days 18 hours ago) and read 4257 times:

I am sure that this stake will be good for whatever airline manages to be able to get a hold of it!

User currently offlineCityofAthens From , joined Dec 1969, posts, RR:
Reply 16, posted (5 years 10 months 3 days 18 hours ago) and read 4251 times:

Well, one has to admit from an inflight service perspective that BA can be pretty mediocre on occasion ... on the other hand, when they're good they're very good.

User currently offlineAsiaflyer From Singapore, joined May 2007, 1135 posts, RR: 0
Reply 17, posted (5 years 10 months 3 days 10 hours ago) and read 3938 times:



Quoting Bongodog1964 (Reply 12):
but is the situation similar for France and/or the Netherlands ?

I had the opening post from this thread on my mind.

http://www.airliners.net/aviation-fo...chid=4215872&s=Indian+77#ID4215872

Apart from that, AF/KL looks very interested in participating actively in the consolidation of the airline industry.
In addition, Kingfisher was talking about using AMS as their European hub.



SQ,MI,MH,CX,KA,CA,CZ,MU,KE,OZ,QF,NZ,FD,JQ,3K,5J,IT,AI,IC,QR,SK,LF,KL,AF,LH,LX,OS,SR,BA,SN,FR,WF,1I,5T,VZ,VX,AC,NW,UA,US,
User currently offlineAviationbuff From India, joined Mar 2008, 1425 posts, RR: 3
Reply 18, posted (5 years 10 months 3 days 2 hours ago) and read 3490 times:

What will happen to the BA's bid for Go Air which got derailed recently due to industry-ownership laws. However, it was reported that BA may negotiate a marketing alliance with Go Air using BA flight codes on its domestic network.

With the proposed new laws (if it happens) this option will probably again open up for BA.

http://www.airliners.net/aviation-fo...general_aviation/read.main/4199526


User currently offlineJAL From Canada, joined Apr 2000, 5085 posts, RR: 7
Reply 19, posted (5 years 10 months 2 days 22 hours ago) and read 3278 times:

BA it seems is always talking of consolidating with another airline but yet all I see from them is all talk and yet to see some concrete results.

Hopefully, the expected merger with IB would come to reality.



Work Hard But Play Harder
User currently offlineSankaps From United States of America, joined Jan 2008, 2255 posts, RR: 2
Reply 20, posted (5 years 10 months 2 days 12 hours ago) and read 2997 times:



Quoting Aviationbuff (Reply 18):
What will happen to the BA's bid for Go Air which got derailed recently due to industry-ownership laws. However, it was reported that BA may negotiate a marketing alliance with Go Air using BA flight codes on its domestic network.

Why would BA want to bid for the most mediocre, least professionally-run airline in India? They'd be far better off pursuing Jet or KF!


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...
SQ And QR To Buy B 773ERs In Bulk posted Wed Nov 19 2003 04:41:15 by Behramjee
Deutsche Lufthansa Sells 25% Stake In DHL posted Fri Jul 5 2002 18:59:14 by Singapore_Air
Concorde: # Of Years In Service With SQ And BA? posted Sun Aug 17 2008 06:53:13 by Aircanada014
SQ To Sell Stake In VS posted Mon Jul 9 2007 07:41:21 by YOWza
Is Cathay Targeting A Major Stake In BA? posted Wed Oct 22 2008 11:08:32 by Beaucaire
BA Sells Stake In MK posted Tue Jun 24 2008 07:16:17 by BALHRWWCC
SQ Puts VS Stake Up For Sale posted Wed May 14 2008 04:18:01 by UAL777UK
SQ And Flowers In The Y Cabin posted Sun Feb 17 2008 19:51:03 by FlyPIJets
Loads On BA And VS posted Thu Aug 2 2007 09:54:32 by Industrybuff
BA And VS Rivalry Diminishing? posted Mon Dec 25 2006 22:33:43 by ORDRyan28
Loads On BA And VS posted Thu Aug 2 2007 09:54:32 by Industrybuff
BA And VS Rivalry Diminishing? posted Mon Dec 25 2006 22:33:43 by ORDRyan28
SQ And QR To Buy B 773ERs In Bulk posted Wed Nov 19 2003 04:41:15 by Behramjee
Deutsche Lufthansa Sells 25% Stake In DHL posted Fri Jul 5 2002 18:59:14 by Singapore_Air
Concorde: # Of Years In Service With SQ And BA? posted Sun Aug 17 2008 06:53:13 by Aircanada014
SQ To Sell Stake In VS posted Mon Jul 9 2007 07:41:21 by YOWza
Is Cathay Targeting A Major Stake In BA? posted Wed Oct 22 2008 11:08:32 by Beaucaire
BA Sells Stake In MK posted Tue Jun 24 2008 07:16:17 by BALHRWWCC
SQ Puts VS Stake Up For Sale posted Wed May 14 2008 04:18:01 by UAL777UK
SQ And Flowers In The Y Cabin posted Sun Feb 17 2008 19:51:03 by FlyPIJets
Loads On BA And VS posted Thu Aug 2 2007 09:54:32 by Industrybuff
BA And VS Rivalry Diminishing? posted Mon Dec 25 2006 22:33:43 by ORDRyan28