VS11 From United States of America, joined Jul 2001, 978 posts, RR: 0 Posted (2 years 3 months 1 week 3 days 23 hours ago) and read 4603 times:
"Qatar Airways is eyeing acquisitions and could strike a deal as early as this year, a German newspaper cited chief executive Akbar Al Baker as saying.
"It is very well possible that we will buy shares in another airline. Precondition is that it has a strong network and can help us to become a more global actor," Financial Times Deutschland quoted him as saying."
VS11 From United States of America, joined Jul 2001, 978 posts, RR: 0 Reply 2, posted (2 years 3 months 1 week 3 days 22 hours ago) and read 4496 times:
Quoting KFlyer (Reply 1): IMHO, it probably isn't a European carrier.
It doesn't have to be European but not sure anything else would make sense for them as they want something big enough to be global. It can't be a US carrier for the ownership restrictions. Latin American carriers seem unfit due to location. Strategically, I don't see Qantas fitting in either so we are left with only potential Asian acquisitions but that wouldn't appear very strategically relevant either. Having some sort of a European feeder airline seems most logical to me, especially if it can reach the US...
JOE777 From Saudi Arabia, joined Mar 2011, 46 posts, RR: 0 Reply 4, posted (2 years 3 months 5 days 22 hours ago) and read 3399 times:
I would imagine a stake in either an American airline with a good network domestically, regionally, and internationally "to destinations that QR do not fly to or do not have a strong presence at" can be a good option. Or probably an Asian airline? There is a quite a demand on routes from Asia to the Middle East, or Asia to Europe via Middle East.
kaitak From Ireland, joined Aug 1999, 11996 posts, RR: 36 Reply 9, posted (2 years 3 months 5 days 17 hours ago) and read 2847 times:
Quoting VS11 (Reply 8): Why? What is his reputation for employee relations?
Not good at all; "fear" the key word; many people have been fired for offences which, in other countries and airlines, would have been grounds for a minor ticking off or a written warning; there is, of course, little or no labour protection or union recognition in Qatar, so basically it's what the airline (and its CEO) says that goes.
Labour laws in Europe would crush the ego of any CEO who would dare push their limits so this a non-issue. Now if QR goes shopping and buys say PK or another carrier from a country with softer laws that's a different story.
VS11 From United States of America, joined Jul 2001, 978 posts, RR: 0 Reply 12, posted (2 years 3 months 5 days 9 hours ago) and read 2458 times:
Quoting 777way (Reply 11): After the PIA-Turkish Airlines MoU debacle I doubt any Gulf carrier will ever think of PIA as an investment.
Speaking of Turkish Airlines, it just occurred to me that QR may consider buying them. The Turkish Government is about to sell its stake in the airline anyway. Both airlines seem to be going after the same strategy though.
hma350 From Seychelles, joined Dec 2010, 12 posts, RR: 0 Reply 13, posted (2 years 3 months 5 days 8 hours ago) and read 2382 times:
Maybe HM as we are in some financial difficulty at the moment and has a strategic location in the Indian Ocean. We are not big but have potential. Rumours have it the airport has already been acquired by QR.
op3000 From United States of America, joined Jun 2009, 1678 posts, RR: 2 Reply 18, posted (2 years 3 months 3 days 15 hours ago) and read 1464 times:
Quoting STT757 (Reply 6):
SQ's shares in VS seem like the likely acquisition target.
Quoting NYCAdvantage (Reply 17): They could very well be, but my question is, Who SRB would like better for a partner, because days before this comment from Qatar airways, AF/KL made one similar, no mater who, consolidation is the name of the game from here on.
Having QR as a partner probably wouldn't help any more than having SQ. VS would benefit more from a European partner with a continental network to feed from/to. Plus, you can't create a more odd couple between Al-Baker and SRB.