User avatar
EA CO AS
Topic Author
Posts: 13758
Joined: Wed Nov 14, 2001 8:54 am

BusinessWeek: AS Considering HP/US Buyout

Fri Jun 03, 2005 8:47 am

Amazingly enough, BusinessWeek ran an article claiming Alaska Air Group is looking to get in on the HP/US merger:

http://www.businessweek.com/magazine/content/05_24/b3937128_mz027.htm

Some pros close to the industry say Alaska Air Holdings (ALK ), which owns Alaska Airlines, may make a bid to buy AWA, without disturbing the proposed merger, leaving Alaska the bigger shareholder in the new merged company. Vincent Carino, president of Brookhaven Capital Management, which owns AWA and Alaska shares, says: "Alaska's top management is considering a move to buy America West to gain critical mass and to better compete in the fiercely competitive industry -- and avoid being a takeover target itself." One major West Coast airline analyst, who didn't want to be named, says it would be "a great deal." Alaska's management "is capable of doing it -- and it should," he says.

Personally I don't buy it - especially since they incorrectly identify ALK as Alaska Air HOLDINGS - but management has been doing some off-the-wall things lately, so who knows?
"In this present crisis, government is not the solution to our problem - government IS the problem." - Ronald Reagan

Comments made here are my own and are not intended to represent the official position of Alaska Air Group
 
User avatar
mariner
Posts: 18623
Joined: Fri Nov 23, 2001 7:29 am

RE: BusinessWeek: AS Considering HP/US Buyout

Fri Jun 03, 2005 8:50 am

HP/US - And Alaska? (by Mariner Jun 3 2005 in Civil Aviation)

cheers

mariner
aeternum nauta
 
User avatar
EA CO AS
Topic Author
Posts: 13758
Joined: Wed Nov 14, 2001 8:54 am

RE: BusinessWeek: AS Considering HP/US Buyout

Fri Jun 03, 2005 8:57 am

Oops! Sorry - I didn't see that one.

Mods, feel free to delete.
"In this present crisis, government is not the solution to our problem - government IS the problem." - Ronald Reagan

Comments made here are my own and are not intended to represent the official position of Alaska Air Group

Popular Searches On Airliners.net

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos