AC poised to invest $100-150 in US Air/America West merger
May 15, 2005, 7:10 pm
#1
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AC poised to invest $100-150 in US Air/America West merger
The intersting thing is that Airbus is poised to loan $250 million for purchases of the A350 (which AC just rejected)
http://msnbc.msn.com/id/7865207/
http://msnbc.msn.com/id/7865207/
May 15, 2005, 7:39 pm
#2
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Hollis Harris made a very successful investment in CO when they emerged from one of their forays into CH.11 and I think Milton was mentored by him.
That could be a very good strategic investment and we could possibly see a sale of the US and AW FF programs to a publicly traded Aeroplan controlled by ACE. This could be the start of some fun times in the airline industry.......and the points for toasters subsidiaries.
That could be a very good strategic investment and we could possibly see a sale of the US and AW FF programs to a publicly traded Aeroplan controlled by ACE. This could be the start of some fun times in the airline industry.......and the points for toasters subsidiaries.
May 15, 2005, 9:13 pm
#4
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Airbus has to do something, it has not sold the 350.... so time to start giving them away.
So far A350 sold 10 to Air Europa.... YUP thats IT!
and the 787 255. Airbus has only 12 A340-300's on order from customers and Virgin is talking about cutting the order back... using the delayed 380 as an excuse.
So spending taxpayers money on a airline to help sell the 350 might make sense....The AC example... it cost Airbus to lose a huge order for widebody planes... AC is trading the 340's and 330.
So far A350 sold 10 to Air Europa.... YUP thats IT!
and the 787 255. Airbus has only 12 A340-300's on order from customers and Virgin is talking about cutting the order back... using the delayed 380 as an excuse.
So spending taxpayers money on a airline to help sell the 350 might make sense....The AC example... it cost Airbus to lose a huge order for widebody planes... AC is trading the 340's and 330.
May 16, 2005, 11:18 am
#6
Join Date: May 2005
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Originally Posted by privatejet
The intersting thing is that Airbus is poised to loan $250 million for purchases of the A350 (which AC just rejected)
May 16, 2005, 4:06 pm
#8
Join Date: Apr 2005
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Originally Posted by parnel
Hollis Harris made a very successful investment in CO when they emerged from one of their forays into CH.11 and I think Milton was mentored by him.
That could be a very good strategic investment and we could possibly see a sale of the US and AW FF programs to a publicly traded Aeroplan controlled by ACE. This could be the start of some fun times in the airline industry.......and the points for toasters subsidiaries.
That could be a very good strategic investment and we could possibly see a sale of the US and AW FF programs to a publicly traded Aeroplan controlled by ACE. This could be the start of some fun times in the airline industry.......and the points for toasters subsidiaries.
I think AC's former Chairman John (Jack) Fraser used to have some involvement with America West. Can anyone confirm?
May 16, 2005, 4:35 pm
#9
Join Date: May 2005
Posts: 93
Originally Posted by why fly
Airbus has to do something, it has not sold the 350.... so time to start giving them away.
So far A350 sold 10 to Air Europa.... YUP thats IT!
and the 787 255. Airbus has only 12 A340-300's on order from customers and Virgin is talking about cutting the order back... using the delayed 380 as an excuse.
So spending taxpayers money on a airline to help sell the 350 might make sense....The AC example... it cost Airbus to lose a huge order for widebody planes... AC is trading the 340's and 330.
So far A350 sold 10 to Air Europa.... YUP thats IT!
and the 787 255. Airbus has only 12 A340-300's on order from customers and Virgin is talking about cutting the order back... using the delayed 380 as an excuse.
So spending taxpayers money on a airline to help sell the 350 might make sense....The AC example... it cost Airbus to lose a huge order for widebody planes... AC is trading the 340's and 330.
May 16, 2005, 4:40 pm
#10
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derk, don't worry -- whyfly doesn't make sense half the time. 
I think he could have been referring to getting European governments to subsidise Airbus... but then again, I'm not sure what he is getting at either.
I think he could have been referring to getting European governments to subsidise Airbus... but then again, I'm not sure what he is getting at either.
May 16, 2005, 4:46 pm
#11
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Originally Posted by SonicYWG
Air Canada Technical Services (ACTS) has serviced America West narrowbody Airbus aircraft in Winnipeg (although I'm not positive they currently have the contract). My understanding is this potential investment would steer that maintenance to ACTS....
Even AC-The airline pays commercial rates to ACTS for the work they give them. Currently a number of AC aircraft are being overhauled overseas because the price, hangar space and ability to the job was there in a competitive bid. Since the mid 1990's none of AC's B747's were overhauled in an Air Canada hangar; they were sent to places like Paris, Auckland and Singapore.
May 16, 2005, 4:50 pm
#12
Join Date: Dec 2003
Posts: 3,598
Originally Posted by YOWkid
derk, don't worry -- whyfly doesn't make sense half the time.
I think he could have been referring to getting European governments to subsidise Airbus... but then again, I'm not sure what he is getting at either.
I think he could have been referring to getting European governments to subsidise Airbus... but then again, I'm not sure what he is getting at either.
May 17, 2005, 5:57 am
#15
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