Qatar Airways compra il 5% di China Southern


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Dopo i recenti investimenti in IAG, LATAM, Cathay Pacific ed Air Italy, i qatarioti hanno investito nella compagnia cinese di recente uscita da SkyTeam.


Qatar Airways Announces Its Acquisition Of 5.00% Of China Southern Airlines

HONG KONG - Qatar Airways Group Q.C.S.C. ("Qatar Airways") is pleased to announce that as part of its strategy to invest in the strongest airlines around the world and continue enhancing operations and network connectivity, on 28 December 2018, it has completed an on-market purchase of certain A shares and H shares of China Southern Airlines Company Limited ("China Southern Airlines"), resulting in our aggregate holding of approximately 5.00% of the total issued share capital of China Southern Airlines.

Qatar Airways’ Chairman His Excellency Mr Ali Shareef Al Emadi said, "Qatar Airways regards our shareholding in China Southern Airlines as an important part of our strategic investment in the largest airline in one of the world’s fastest growing aviation markets.”

Qatar Airways’ Group Chief Executive His Excellency Mr Akbar Al Baker added, “China Southern Airlines is one of the most prestigious airlines in the Chinese domestic market and an important market player in the world, with massive potential for cooperation in the future. Given the complementary strengths and resources of each of China Southern Airlines and Qatar Airways, there are opportunities for us to work together and build a long term relationship in ways that would bring benefits to customers of both airlines. The investment is a clear demonstration of Qatar Airways’ continued commitment to connecting travellers across all corners of the world in a way that is meaningful and convenient. Qatar Airways very much looks forward to the opportunity to deepen our working relationship with this great airline and further enhance the travel opportunities across the globe."

This investment further supports Qatar Airways' investment strategy which already includes its 20% investment in International Airlines Group, its 10% investment in LATAM Airlines Group, its 49% investment in Air Italy and its 9.99% investment in Cathay Pacific.

https://www.qatarairways.com/en/pre...OUTHERNAIRLINES.html?activeTag=Press-releases
 
Analisi da FG

ANALYSIS: Al Baker's Guangzhou gambit

Qatar Airways' taking of a 5% stake in China Southern Airlines could further align the Chinese carrier with the Oneworld alliance, while giving the Middle Eastern airline greater access to the booming mainland Chinese market.
In an announcement yesterday, Qatar said it acquired the minority stake as part of its strategy “to invest in the strongest airlines around the world” and to enhance operations and connectivity.
“China Southern Airlines is one of the most prestigious airlines in the Chinese domestic market and an important player in the world, with massive potential for cooperation In the future,” Qatar Airways' group chief Akbar Al Baker explains.
China Southern meanwhile says that the acquisition is a strategic investment, and that Qatar could further increase its stake over the next 12 months.

CHINESE PARTNERS
Still, the move is somewhat surprising, considering Qatar already has a Chinese partner with its 10% stake in Hong Kong’s Cathay Pacific.
“It doesn’t make sense to me to invest in both Cathay and China Southern,” says K. Ajith, director of Asia Transport at UOB Kay Hian.
“The other way to look at it, however, is that it is hedging its bets on the Pearl River Delta region or greater China, for greater access to that region as a whole.”
Qatar has previously said that it has no plans to play an active role in the airlines that it invests in, and will largely remain a passive investor. Besides its holdings in China Southern and Cathay, it also has a 20% investment in International Airlines Group, 10% in LATAM Airlines Group and 49% in Air Italy.
It has also been on the look out for new partners with the impact on its network last year, following the blockade imposed by Saudi Arabia, the United Arab Emirates, Egypt and Bahrain amid a regional political dispute.

CHINA ACCESS
FlightGlobal schedules shows that Qatar flies direct to seven Chinese points from Doha. These include China Southern’s base in Guangzhou, as well as to Beijing, where the Chinese carrier has plans for a second hub with the upcoming opening of the capital’s second airport in September.

Qatar Airways' flights to China - January 2019
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FlightMaps Analytics​
China Southern meanwhile connects to Dubai from Guangzhou, Shenzhen and Wuhan.
The partnership with China Southern could give Qatar access to passengers from the massive mainland China market, who could possibly transit in Doha and connect onto its flights to Europe.
For China Southern, having a second foreign investor, after American Airlines, is in-line with the country’s push for more foreign and private investments into its state-owned enterprises, targeted at driving efficiency and raising competitiveness. China Southern can tap on these experienced international players for guidance on matters big and small. American bought a 2.68% stake in 2017.

ONEWORLD CONNECTION
More interesting is that Qatar is also an Oneworld member, albeit an apparently unhappy one. This further aligns China Southern with the Oneworld alliance.
The Chinese carrier dropped its SkyTeam membership at the start of the year, as part of its strategy to “better align with the new trend of cooperation model” in the global aviation industry.
From as early as 2017, around the same time that Oneworld’s American closed its $200 million investment in the airline, there were reports that China Southern was mulling a departure from SkyTeam for Oneworld. After all, it also has codeshares with Qantas, Japan Airlines and British Airways.
Having China Southern under its banner would also be a major win for Oneworld, considering it is the only alliance without a mainland Chinese member. This would likely be opposed by the grouping’s founding member Cathay, since China Southern’s main hub in Guangzhou is less than an hour’s high-speed rail ride from Hong Kong.

LONG-TERM GAINS
Having Qatar on its side, could thus strengthen China Southern’s case to join the alliance, says Ajith. Interestingly, Qatar has threatened to quit the global grouping over growing frustrations with certain members, in particular American, which has been vocal against alleged state subsidies Qatar received that allowed it to essentially dump capacity in the US market. It would hence also be in Qatar's favour to be friendly with a potential Oneworld member, and to use the China Southern relationship to ease tension with American.
While it remains to be seen what exact synergies could derive from this new China Southern-Qatar partnership, it appears to be a win-win that could see long-term gains.
“Given the complementary strengths and resources of each of China Southern Airlines and Qatar Airways, there are opportunities for us to work together and build a long-term relationship in ways that would bring benefits to customers of both airlines,” says Al Baker.
 
Re: AA, DL e UA protestano contro vettori Qatar & UAE per concorrenza sleale

Dopo il 20% di IAG, il 10% dell’operatore sudamericano Latam Airlines Group, il 9,6% di Cathay Pacific Airways, il 25% dello scalo moscovita di Vnukovo e, naturalmente, il 49% di Air Italy (leggi qui), Qatar Airways va alla guerra ed entra anche in China Southern Airlines con il 5% del capitale. Rilanciando così la sua Rete a colpi di acquisizioni (vedila qui). Strategia che ricorda quella di una sua vicina che ha interessato anche il nostro paese, ma con alcune diversità (leggi qui). L’investimento nell’importante vettore cinese a maggioranza statale sui mercati di Shanghai e Hong Kong, fa diventare la compagnia guidata da Akbar Al Baker il quarto azionista di China Southern. Il vettore con sede a Guangzhou, che ha recentemente lasciato l’alleanza SkyTeam, mentre Qatar Airways ha minacciato di abbandonare l’alleanza Oneworld (leggi qui), starebbe studando una joint venture conm British e Finnair (entrambe in Oneworld). “China Southern Airlines è una delle compagnie aeree più prestigiose del mercato interno cinese e un importante operatore di mercato a livello mondiale e questo accordo apre le porte ad un enorme potenziale di cooperazione. I punti di forza e le risorse complementari di China Southern Airlines e Qatar Airways, rappresentano infatti per entrambi i vettori l’opportunità di lavorare insieme e costruire una relazione a lungo termine in grado di apportare benefici e valore aggiunto per i clienti di entrambe le compagnie aeree”, ha detto in una nota Al Baker.

Qatar Airways va alla guerra e continua lo scontro con le Big Three statunitensi

Qatar Airways va alla guerra con questa ragnatela di acquisizioni (ricordiamo che puntò anche ad American Airlines, leggi qui) per attutire il blocco che i vicini paesi del Golfo le stanno facendo (leggi qui) e la battaglia che le Big Three statunitensi hanno da tempo intrapreso contro la compagnia qatariota (leggi qui), accusandola di concorrenza sleale e di utilizzare Air Italy per volare indiscriminatamente sugli Usa (leggi qui). Il Ceo di Delta Air Lines Ed Bastian (che ci rilasciò una intervista in esclusiva, leggi qui) ha di recente rinacarato la dose, sottolineando apertamente come Qatar Airways stia violando l’accordo sottoscritto tra il governo del Qatar e l’amministrazione Trump in cui il vettore non avrebbe aggiunto più voli in quinta libertà. Cosa che invece, secondo Bastian, farebbe grazie ad Air Italy.

Per anni, American, Delta e United Airlines hanno lamentato che le compagnie del Golfo Persico, Emirates, Etihad e Qatar Airways, appunto, abbiamo utilizzanoto più di 50 miliardi di dollari in sussidi governativi per alimentare la loro espansione internazionale, violando così la cosidetta “concorrenza leale” prevista dagli accordi Open Skies che regolano i viaggi aerei tra gli Stati Uniti con gli Emirati Arabi Uniti e il Qatar. I vettori mediorientali negano tutti l’esistenza di sovvenzioni e hanno accusato le compagnie aeree statunitensi di attacchi sleali. “Qatar Airways è solo un’agenzia governativa che perde soldi” disse Bastian a Business Insider in un’intervista del 2017. “Se si guardano i loro risultati finanziari, non erano la compagnia aerea peggiore al mondo, Alitalia e Air Berlin erano peggiori di loro. Ma Qatar Airways era terza” con 2 miliardi di dollari di perdite operative negli ultimi tre anni secondo alcuni report. Rosso che, un’analista di Deutsche Bank, ha sottolineato anche per la controllata Air Italy, con margine negativo al lordo delle imposte – cioè, una perdita – del 18,4% lo scorso anno, oltre ad un margine negativo del 9,2% nel 2016, che rappresenta una perdita di centinaia di milioni di euro. “Eppure ” ha aggiunto Bastian”nonostante la sua emorragia finanziaria, la compagnia aerea ha improvvisamente una flotta di nuovi jet e ha annunciato un’importante espansione globale dei voli tra Milano e le città del Nord America, tra cui New York, Miami, Chicago, Los Angeles, San Francisco e Toronto”.

Oltre una dozzina di senatori degli Stati Uniti ha recentemente inviato lettere all’amministrazione sollevando le loro preoccupazioni circa la connessione Air Italy-Qatar e il suo impatto sui posti di lavoro negli Stati Uniti.


http://www.missionline.it/qatar-airways-va-alla-guerra/
 
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