SA Commitment To Air Canada
#1
Original Poster
FlyerTalk Evangelist
Join Date: May 1998
Location: Texas, U.S.A.
Posts: 19,523
SA Commitment To Air Canada
UNITED AIRLINES PRESS RELEASE
For Immediate Release
CHICAGO, October 15, 1999 -- On the occasion of the official welcome ceremony of ANA into Star Alliance, and the announcement of Singapore Airlines that it will join the global partnership next year, the Chief Executive Officers of the member airlines expressed their unanimous support for Air Canada's efforts to remain an independent and strong partner.
"Air Canada, one of the world's premiere airlines and a launch carrier of Star Alliance, plays an integral role in our drive to provide our customers with unprecedented global reach and seamless service," said Jan Stenberg, President and CEO of SAS, on behalf of all of the airlines' CEOs. "We stand together in full support of the actions taken by our partner, and will take whatever steps necessary, including making a financial commitment, to protect the interest of our partnership and its customers."
* United Airlines will be making no further comment beyond this statement.
For Immediate Release
CHICAGO, October 15, 1999 -- On the occasion of the official welcome ceremony of ANA into Star Alliance, and the announcement of Singapore Airlines that it will join the global partnership next year, the Chief Executive Officers of the member airlines expressed their unanimous support for Air Canada's efforts to remain an independent and strong partner.
"Air Canada, one of the world's premiere airlines and a launch carrier of Star Alliance, plays an integral role in our drive to provide our customers with unprecedented global reach and seamless service," said Jan Stenberg, President and CEO of SAS, on behalf of all of the airlines' CEOs. "We stand together in full support of the actions taken by our partner, and will take whatever steps necessary, including making a financial commitment, to protect the interest of our partnership and its customers."
* United Airlines will be making no further comment beyond this statement.
#5
Original Member
Join Date: May 1998
Location: Oxford, United Kingdom
Posts: 1,976
On reading it, I thought it meant South Africa (the country). *A is a neat abbreviation for Star Alliance. As a related question, do the alliances need formal designator codes, like individual airlines?
#9
Original Member
Join Date: May 1998
Location: New York - DL Gold, AA Gold, AC Prestige, VS Silver
Posts: 811
The *A proposal just came out - UA and LH are providing AC with the cash to buyback it's own shares at a considerable premium to what Onex was offering. For more details:
see: http://talk.flyertalk.com/forum/Forum5/HTML/000345.html
[This message has been edited by megamiles (edited 10-19-1999).]
see: http://talk.flyertalk.com/forum/Forum5/HTML/000345.html
[This message has been edited by megamiles (edited 10-19-1999).]









