Royal Jordanian prepara l'offerta per comperare Austrian

[dreamliner]

July 18, 2008
Royal Jordanian is preparing an offer for the Austrian state's stake in loss-making Austrian Airlines and may present it as early as next week, an Austrian newspaper reported on Friday.

Royal Jordanian, which was the first Arab airline to be privatized last year, has hired PricewaterhouseCooper to advise it on the bid, Austria's Wiener Zeitung daily reported, quoting unidentified diplomatic sources.

A spokeswoman for the Austrian government's holding company OeIAG declined to comment on the report. She said OeIAG was not entitled to discuss a sale of its stake before it received a government mandate to sell it.

Royal Jordanian was not available to comment.

The Austrian government has asked for a review of the options for the carrier, which last month predicted it would make a loss of up to EUR90 million euros (USD$143 million) this year due to rising fuel prices.

The review will be presented to Austrian Airline's supervisory board on July 28.

The outgoing Austrian government is deeply split about a possible sale of the stake.

(Reuters)

 

[Dwarf]

RJ presenterà un offerta per OS

:astonished:

VIENNA (Thomson Financial) - Jordanian flag carrier Royal Jordanian plans to put forward a bid for Austrian Airlines AG before the July 28 meeting of the Austrian carrier's supervisory board, the Viennese daily Wiener Zeitung reported

citing 'diplomatic circles'.

Royal Jordanian has mandated PriceWaterhouseCoopers to establish the pricing of its offer, which is likely be of a 'take it or leave it' nature and is designed to preempt the bids other airlines are likely to make for the Austrian carrier, the newspaper reported.

Austrian Airlines has been carrying out a strategic review that addresses prospects for a strategic partnership since mid-June. The carrier plans to issue

an update on the status of that review on July 29.

According to unconfirmed media reports, the Austrian government has mandated Merrill Lynch with finding a buyer for the carrier, in which the Austrian state industrial holding OIAG holds a 42.75 percent stake.

http://www.hemscott.com/news/static/tfn/item.do?newsId=65597036251720

 

[Cesare.Caldi]

Austrian la vogliono comprare prorpio tutti, prima Lufthansa e adesso gli arabi, vediamo chi la spunterà...

 

[Veolia]

Aeroflot, che e' liquida ed e' un vena di shopping un europe....