Beaucaire
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Is Air Berlin A Take-over Candidate?

Mon Nov 19, 2007 7:56 pm

With it's share-price falling from 21 Euros to 10 Euros in just five months,Air Berlin seems an ideal take-over target.
All financially interested analyst's know about the weak cash-flow and EBIT-data of Air Berlin.SO who could be potentially interested in Air Berlin ?
Air France ?

[Edited 2007-11-19 12:00:11]
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CRGsFuture
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RE: Is Air Berlin A Take-over Candidate?

Mon Nov 19, 2007 8:12 pm

Ha, I think a huge reason for the fall is the introduction of LTU. Is it a take over canindate? I doubt it as it doesn't add much value to the traditional hub and spoke system. It does have its advantages as it has no unions.
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LifelinerOne
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RE: Is Air Berlin A Take-over Candidate?

Mon Nov 19, 2007 8:33 pm

Rumours are getting stronger that AF-KLM isn't going forward with IB or AZ because it fears to much opposition from the EU. There were, however, some rumours about AF-KLM looking seriously at Air Berlin. Now that Air Berlin has bought Balair, LTU and is on the brink of buying Condor as well, Air Berlin could be the needed break trough for the German market.

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extspotter
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RE: Is Air Berlin A Take-over Candidate?

Mon Nov 19, 2007 8:36 pm

AB has bitten off more than it can chew with LTU and they are finding it hard to manage the differences in the way the seperate entities work.
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Beaucaire
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RE: Is Air Berlin A Take-over Candidate?

Mon Nov 19, 2007 9:29 pm

To me it looks like a very confusing way of running the airline-rather than focus on one segment,Hunold wants a little bit of everything-a little charter,a little low-cost,a little hub and spoke ,a little intercontinental..
Clearly the eyes too big and not enough cash,neither any consolidation.
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CRGsFuture
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RE: Is Air Berlin A Take-over Candidate?

Mon Nov 19, 2007 9:45 pm

I think he wants to be a non-union LH. Pretty much a hub and spoke airline with a LCC and Leisure division.
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PADSpot
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RE: Is Air Berlin A Take-over Candidate?

Mon Nov 19, 2007 10:07 pm

A blocking minority of about 35% of AB is hold by a small circle of private entrepreneurs that are all very close to Joachim Hunold. There will be definitely no take-over against the will of those stakeholder or management.

http://ir.airberlin.com/struktur.php?lang=en
 
haggis79
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RE: Is Air Berlin A Take-over Candidate?

Mon Nov 19, 2007 10:10 pm



Quoting CRGsFuture (Reply 5):
I think he wants to be a non-union LH. Pretty much a hub and spoke airline with a LCC and Leisure division.

but then he should separate these brands from one another, I'd say... similar as LH with Germanwings and Condor had it, he could do it like "LTU" being the hub-and-spoke brand and "Air Berlin" doing the lo-co and leisure part... I agree, he's trying too much at a time...

don't know if AFKL are really interested, though... to me it seems they cover the German market quite well through their respective hubs.... so the only thing they'd gain would be intra-German traffic (mainly ex-DBA routes). Don't think they are that much interested in flying German tourists to "Malle"....
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A342
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RE: Is Air Berlin A Take-over Candidate?

Tue Nov 20, 2007 12:34 pm

Just for your information, they recently accpedted unions. LTU and DBA had them, so AB was forced to accept them.
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jfk787nyc
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RE: Is Air Berlin A Take-over Candidate?

Tue Nov 20, 2007 12:49 pm

For 600 Million EURO it is definetly work it's money. That is chump change for AF-KLM, They will be able to get a hub in a Germany.