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Air France And Air India-What A Lovely Thought...  
User currently offlineGo canada! From United Kingdom, joined Jun 2001, 2955 posts, RR: 11
Posted (13 years 4 months 2 weeks 4 days 12 hours ago) and read 1811 times:

hi everybody..it seem that af is after air india again. Is this deal viable? Does it affect competition at all and what would indian airlines response be?

comments welcome..krgds to all

Air France chief to have another go at A-I

G Ganapathy Subramaniam
NEW DELHI
AFTER its initial bid was abandoned mid-air, Air France is doing another take-off on Air-India. Its CEO Jean Cyril Spinetta is visiting India next week to explore the possibility of having another go at the national carrier.

This even as the disinvestment programme for Air-India is all set to enter the final lap.

The possibility of a re-bid or a tie-up with the Hinduja group are among the points which are being explored now, industry sources said.

However, the official version is that the big boss of Air France will be in town to participate in a reception to bid farewell to Gerald Petit, the general manager of the airline in India.

The French ambassador in New Delhi is hosting a reception on June 12 to bid farewell to Petit and welcome his successor, Jean-Louis Calmettes.

Apart from the reception and conferring of a `gold medal on tourism’ to the outgoing Air France boss in India, the schedule of Spinetta includes a meeting with disinvestment secretary Pradeep Baijal and civil aviation minister Sharad Yadav.

The Air France chief executive is here only on June 12 and senior officials of the company, including vice president Dominique Perit, will be accompanying him.

Air France is looking at a situation where a rebid for Air-India will give the Paris-based company another chance, industry sources said.

It may also seek additional bilateral rights to expand its network in India, industry sources said.

In partnership with Delta of the US, Air France was very keen on taking up equity in Air-India and had even filed expression of interest.

However, due to lack of a suitable domestic partner, the bid was not pursued.

Air France did not file initial technical proposal as scheduled since its negotiations with ITC did not succeed into a partnership, sources said.

The main reason was the quantum of investment necessary to take up 40 per cent equity in Air-India which has been earmarked for a strategic partner.

According to the rules laid down by the government, a foreign airline can take up 26 per cent equity in the national carrier but it is necessary to set aside 14 per cent equity for a domestic partner.

A re-bid with a different set of rules could open the doors for Air France, officials of the company feel.

However, there has been no official work on the issue from the India office of the airline since the matter is being handed by the headquarters in Paris.

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It is amazing what can be accomplised when nobody takes the credit
6 replies: All unread, jump to last
 
User currently offlineB747-437B From , joined Dec 1969, posts, RR:
Reply 1, posted (13 years 4 months 2 weeks 4 days 12 hours ago) and read 1783 times:

Don't hold your breath.

User currently offlineZizou From Australia, joined Oct 2000, 1535 posts, RR: 4
Reply 2, posted (13 years 4 months 2 weeks 4 days 10 hours ago) and read 1758 times:

Will we see L'Espace on Air India's longhaul flights now??!!!

User currently offlineJaysit From , joined Dec 1969, posts, RR:
Reply 3, posted (13 years 4 months 2 weeks 4 days 9 hours ago) and read 1748 times:

I think we're likely to see a UA-US merger first (NOT!!!) before we see an AF-AI deal occurring. So, don't hold your breath for L'espace seats or a CDG hub for AI.

User currently offlineGo canada! From United Kingdom, joined Jun 2001, 2955 posts, RR: 11
Reply 4, posted (13 years 4 months 2 weeks 4 days 9 hours ago) and read 1737 times:

What happens if there is some truth in this? I think it would make sense for Af to move into India due to competition concerns with purchasing a european or american airline.

what problems would this have to overcome?



It is amazing what can be accomplised when nobody takes the credit
User currently offlineJubilee777 From Singapore, joined May 1999, 528 posts, RR: 1
Reply 5, posted (13 years 4 months 2 weeks 4 days 8 hours ago) and read 1731 times:

Singapore Airlines and TATA group are in the race for Air India. There's another group bidding (not sure of the spelling) H. Brothers Group.

The SQ bid is slated to win.

J777


User currently offlineBarfBag From India, joined Mar 2001, 2237 posts, RR: 6
Reply 6, posted (13 years 4 months 2 weeks 4 days 6 hours ago) and read 1723 times:

I think youre referring to the Hinduja brothers here. Arent they out of the race ? They're mired in the British political scandals as well as the old Bofors case in India right now.



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