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clickhappy
Posts: 9042
Joined: Thu Sep 13, 2001 12:10 pm

Wasn't Boeing The First To Give An Airline Money?

Tue May 17, 2005 2:02 am

With all this talk about Airbus offering financial backing to HP/US, I was thinking back to the mid-90's, when ATA placed a large order for 737-800's and 757-200's. As part of the financing for that deal Boeing took on a large chunk of ATA stock, and I remember reading in the newspapers that Airbus was unhappy with this.

My point is two fold. One, I wonder what that stock is worth now, and two, what Airbus is proposing is nothing new, just big business.
 
flyboyaz
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Joined: Sat Sep 13, 2003 11:32 am

RE: Wasn't Boeing The First To Give An Airline Money?

Tue May 17, 2005 2:15 am

Back in the day I believe Boeing actually owned part of United.
Catch a ride on a smile!
 
N60659
Posts: 639
Joined: Thu Mar 10, 2005 3:24 pm

RE: Wasn't Boeing The First To Give An Airline Money?

Tue May 17, 2005 2:19 am

Didn't Airbus provide A300s/A310s and arrange very good financing terms to to Eastern and Pan Am back in the mid-80s?

-N60659
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atmx2000
Posts: 4301
Joined: Wed Oct 13, 2004 4:24 pm

RE: Wasn't Boeing The First To Give An Airline Money?

Tue May 17, 2005 2:24 am

Quoting Flyboyaz (Reply 1):
Back in the day I believe Boeing actually owned part of United.

Back in the day, Pratt, United and Boeing were all part of one company.

Here's a decent time line: http://www.utc.com/profile/facts/history.htm#1975
ConcordeBoy is a twin supremacist!! He supports quadicide!!
 
Aither
Posts: 1003
Joined: Mon Oct 25, 2004 3:43 am

RE: Wasn't Boeing The First To Give An Airline Money?

Tue May 17, 2005 2:25 am

What about Howard Hugues buying the TWA ?
Never trust the obvious
 
User avatar
LN-MOW
Posts: 1688
Joined: Tue Feb 01, 2000 12:24 am

RE: Wasn't Boeing The First To Give An Airline Money?

Tue May 17, 2005 2:42 am

Quoting Clickhappy (Thread starter):
I wonder what that stock is worth now

Not much ..  Silly

However, Boeing will probably walk out with new stock after ATA leaves Ch. 11. This will compensate for at least some of their loss ..
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