DL/US sammenslaaing?

[LN-MOW]

Den store nyheten her borte denne uken, har vaert nyheten om at US oensker aa overta Delta. Her er et par linker med samlesider av nyheter om saken:

http://blogs.usatoday.com/sky/delta/index.html

http://www.ajc.com/business/content/business/delta/index.html

[EB]

Bruden er vel ikke like ivrig...

[Tommy777]

Mange rykter, dette er vel det første konkrete budet som har kommet. Som EB sier, bruden er overhodet ikke interessert i å danse en gang...

[EB]

Som en del arrangerte ekteskap blant innvandrere vi leser om i dette landet...

[Someone]

Hvor mye har "pappa" (les konkursdommeren/styrelsen) å si?

[dc-8-63]

Det er vel ikke konkursdommeren som har mest aa si i denne sammenhengen, men avgjoerende kan vaere store aksje eiere i Delta, de kan synes at tilbudet fra US Airways er bedre enn hva de for igjennom Chapter 11, og da kan det bli en "hostile" take over....det ligger vel derimot en del hindre rent lovmessig....UA/US ble jo stoppet paa det lovmessige......

[EB]

Måtte de stoppe dette også...

[EB]

http://www.travelnews.no/nyheter.asp?version=35983

[OJB]

Det spørs om ikke antitrust lovene kan bli anvendt her....

[LN-MOW]

Bikkjene bjeffer allerede oppetter beina til Delta ...

jeg faar gaasehud av dette ... DL er et helt OK selskap - de har blitt utsatt for en del ledere uten saerlig bakkekontakt, men det er alltid hyggelig aa reise med dem. Har mange positive opplevelser med DL og tanken paa at Doug Parker skal faa legge sine klamme lanker paa dem er lite lystelig ... Parker er nok en flink leder. men USAirways er et maretitt, og en overtakelse a la AmWest/USAirways vil bli et mareritt for oss reisende.

-----------------------------

Brief fair use excerpt from The Wall Street Journal:
Quote:
Southwest Aims to Buy Assets If US Air-Delta Deal Gets Done
[...]

Southwest Airlines Chief Executive Gary Kelly said he would be "very interested" in acquiring assets sold by US Airways Group Inc. or Delta Air Lines if the companies were to merge, potentially intensifying the bidding over coveted East Coast routes.

US Airways has said it likely would have to sell off some assets to quell antitrust concerns if its $8.7 billion hostile cash-and-stock bid for Delta succeeds. US Airways CEO Doug Parker said East Coast concerns could be addressed by selling one of the companies' overlapping Eastern shuttle services, which connect Boston, New York and Washington.

[...]

No other airline has signaled interest since the offer was announced, but analysts speculate that AMR Corp.'s American Airlines, Northwest Airlines or UAL Corp.'s United Airlines might be interested.

"We consider this [bid for Delta] a serious offer and a very substantial one, and one that we're assuming has a decent chance of actually happening," Mr. Kelly said in an interview late yesterday.

Mr. Kelly said Southwest Airlines co-founder and Chairman Herb Kelleher on Friday called executives at US Airways and Delta to let each airline know of Southwest's interest. "Assets could include aircraft, gates at airports, slots at slot-controlled airports," said Mr. Kelly, "but this is all very preliminary and who knows what twists and turns the deal will take. We just want to have an opportunity to grow on the East Coast."

[CK]

Delta rejects US Airways takeover bid
Kerry Ezard (19Dec06, 12:55 GMT, 219 words)


Delta Air Lines’ board of directors has unanimously rejected US Airways’ takeover bid, and the US major plans to emerge from Chapter 11 bankruptcy protection as a standalone carrier in spring 2007.

Delta, which today submitted its plan of reorganisation to the bankruptcy court, says it has concluded that its own plan will provide the carrier’s creditors with “superior value” and “greater certainty” than US Airways’ takeover proposal.

“Our plan for a fundamentally new and different airline is working and is creating real value,” says Delta CEO Jerry Grinstein. “We will emerge as a thoroughly new Delta that will be a strong global carrier with a solid foundation for profitable growth in a highly-competitive environment.”

Grinstein adds that US Airways’ proposal is “structurally flawed” and stands little chance of clearing antitrust hurdles.

“For these reasons, Delta’s board of directors has unanimously rejected the proposed transaction,” he notes. “Instead, we will continue to focus on creating value by building an airline that combines a right-sized domestic network and a profitable and expanding international presence with a best-in-class network cost structure and strong balance sheet.”

US Airways on 15 November made a formal merger proposal to Delta, under which it offered to invest $8 billion in cash and stock to combine the two carriers and operate under the Delta brand name.


Source: Air Transport Intelligence news

[CK]

men, US gir seg ikke....

US Airways says it is still committed to Delta take-over despite rejection by Delta board
By Nicholas Ionides
US Airways insists it remains committed to merging with bankrupt Delta Air Lines despite its target’s rejection of the takeover bid yesterday.

Star Alliance carrier US Airways says in a statement: “We remain a disciplined and determined bidder for Delta. We continue to work productively with the Creditors Committee and the Ad Hoc Bondholders Committee. Finally, we recognise and appreciate the creditors’ ultimate authority in this process.”

Last month US Airways made a formal merger proposal to SkyTeam alliance carrier Delta under which it would invest $8 billion in cash and stock. The merged entity would operate under the Delta name.

Yesterday Delta said its board had unanimously rejected the bid and submitted a plan of reorganisation to a bankruptcy court outlining its intention to emerge from Chapter 11 bankruptcy protection as a standalone carrier by the second quarter of 2007.

Delta called the US Airways proposal “structurally flawed” and said it stood little chance of clearing antitrust hurdles.

US Airways says in its statement today: “We have always expected that Delta would file a standalone plan with the Bankruptcy Court. This plan will provide Delta creditors with a benchmark against which to evaluate the competing proposals and we welcome that comparison. This is an important step in a process that we believe will result in the merger of US Airways and Delta.”

It adds: “Combining US Airways and Delta will create at least $1.65 billion in annual synergies beyond the value that could be created by any standalone plan. These synergies come on top of the certainty of $4 billion in cash and the upside potential of 78.5 million shares of US Airways stock. These shared synergies will benefit all shareholders in the ‘New’ Delta. Factoring the synergy benefits into our offer, the current value of our proposal is significantly greater than the value of Delta’s standalone plan.”

US Airways on 15 November made a formal merger proposal to Delta, under which it offered to invest $8 billion in cash and stock to combine the two carriers and operate under the Delta brand name.


www.flightglobal.com

[Blubird]

US Deltacactus.

[Tommy777]

"The merged entity would operate under the Delta name."

Ikke bra for *A.

[Someone]

Originally posted by Tommy777

"The merged entity would operate under the Delta name."

Ikke bra for *A.

Nei, men jeg bytter gjerne CO med US:exclamati

[LN-MOW]

Originally posted by Tommy777

"The merged entity would operate under the Delta name."

Ikke bra for *A.

Delta er bare et navn. Hvis USAirways er navnet bak (...som America West som kjoepte USAirways og tok navnet til 'byttet' - jeg ve det -- dette er til aa bli gal i hodet av), vil 'Delta' etter all sannsynligvis bli *A naar (hvis) eierskapet ble endret.

[Tommy777]

Originally posted by LN-MOW

Delta er bare et navn. Hvis USAirways er navnet bak (...som America West som kjoepte USAirways og tok navnet til 'byttet' - jeg ve det -- dette er til aa bli gal i hodet av), vil 'Delta' etter all sannsynligvis bli *A naar (hvis) eierskapet ble endret.

Håper du har rett.....

[Tommy777]

Når UA har slukt CO og US har slukt DL, blir det ikke mye igjen av Skyteam. Da kan man virkelig kalle alliansen for "Resten av røkkla alliansen"

[Dag Johnsen]

Heisann Tommy 777!

Jeg tror ikke det blir noen "sluking" her... Delta har ingen interesse å gå med på dette og det er et helt idiotisk forslag... spør du meg. Vi har ingen interesse av å bli "slukt" av UA og vi har heller ingen interesse å "sluke" UA. Det er nok mye mere baggasje hos UA enn det disse overflatiske aviation ekspertene eller Wall Street har klart å få med seg...

Star vs. SkyTeam...? Husk at 4 av 6 verdens største flyselskap tilhører SkyTeam...

Dag

PS. Fikk du ribba...?

[Tommy777]

Ribba ankommer i morgen!! Med alt tilbehør. Kom på drøye 100 USD med shipping..

Sluking var vel heller en figure of speech, selvsagt blir det ikke noe sluking men perfekt sammenslåing i full harmoni

En Skyteam/ *A diskusjon tar jeg på strak arm når som helst!

Her er passasjertallene for de amerikanske flyselskapene som utgjør nesten hele Skyteam. Eneste grunnen til at Continental er på 6. plass er jo at US Air og America West er rapportert hver for seg, noe som sikkert ikke blir en realitet neste år. Så Continental er jo på 7. plassen bak et fusjonert USAir og America West:

Fra januar til og med september (millioner passasjerer, domestic og international)
2006 2005
1 American 74.5 74.3
2 Southwest 72.2 66.2
3 Delta 55.7 67.0
4 United 52.6 50.2
5 Northwest 41.2 43.6
6 Continental 35.2 32.0
7 US Airways 27.5 32.9
8 America West 16.1 8 16.7

Merk den sinnsyke nedgangen Delta har hatt, selvsagt grunnet kraftige kutt, men UA kuttet også mange ruter i 2005 så veksten der har jo vært formidabel!

Med DL og US vil det nye selskapet bli suverent størst med godt over 100 mill passasjerer i året. UA/CO kommer til å ligge på en sterk 2. plass, men kommer til å ta igjen US/DL

Merk at det er kun 1 av 3 Skyteam flyselskapene i USA som ikke er i Ch 11.

Det er kun Continental som er i farta i Skyteam, gitt! Om vi setter oss ned over en Oban Single Malt og smelter sammen CO og UAs rutenett, vil vi nok finne ut at dette er en perfect match rutemessig :-p