Virgin Atlantic in vendita


Branson essendo un venture capitalist, e VS non avendo piu grossi margini di crescita su LHR, e non piu essendo la gallina con le uove d'oro, penso abbia tanto da guadagnare con un vendita (parziale o completa) - se questa vendita comporta una fusione con un altro vettore e Branson puo creare valore lo fara. D'altronde, ha tanti debiti da restituire fra qualche anno, ed ha tanti altri business che hanno bisogno di capitale per crescere (vedi blue, active, media, trains, la nuova HOTELS...) ed hanno un mercato meno competitivo. Mi sembra che il gruppo virgin abbia bisogno di un inietizzione di fondi, e se questa si puo realizzare con un WIN-WIN (piu competizione a BA e guadanarci soppra) allora non vedo ostacoli, se non di tipo sentimentale (non dimenticiamo che abbia venduto la VIRGIN MUSIC - che era altamente redditizzia . per finanziare VS)

Anche se mi dispiacerebbe vedere sparire Branson della proprieta di VS, penso che abbia senso. Poi sicuramente abbia gia un altra cosa grossa nel cassetto . e questo lo so per certo!! Fonte: Virgin Management

Virgin Italia...
 
Dipende come verranno fatte le operazioni, personalmente sarei molto dispiaciuta se si perdesse il brand Virgin Atlantic ed il suo servizio ottimo, se invece venisse mantenuto brand e servizio direi che il fatto che possa entrare in una alleanza lo vedo molto positivo per i pax perchè così com'è è meno "facile" da utilizzare.
 
Virgin Italia...

No di certo, in Italia non ci sono piu spazi...


Dipende come verranno fatte le operazioni, personalmente sarei molto dispiaciuta se si perdesse il brand Virgin Atlantic ed il suo servizio ottimo, se invece venisse mantenuto brand e servizio direi che il fatto che possa entrare in una alleanza lo vedo molto positivo per i pax perchè così com'è è meno "facile" da utilizzare.

Penso se si fara, si fara in modo che la compagnia detiene il brand e paga royalties al gruppo virgin. Come d'altronde tutte le societa fanno (anche se sono di proprieta del gruppo Virgin)
 
Virgin Atlantic receives tie-up inquiries

By Cathy Buyck | December 16, 2010


Virgin Atlantic Airways said it has been contacted by a number of companies regarding potential tie-ups after its 51% owner, Virgin Group, contracted Deutsche Bank to assess the airline's position and growth opportunities in the rapidly consolidating European airline industry. However, Virgin stressed it is “far too early” to release details of any discussions.

“We expect Deutsche Bank’s work to run on for a number of months but have nothing further to add at this stage,” VS said in a statement widely quoted in UK media. The statement followed a report on Sky News Tuesday evening that among others, Delta Air Lines and Gulf carriers had shown interest. A full merger with a non-EU carrier is impossible owing to ownership restrictions.

Speculation on ownership changes or some sort of M&A activity at the long-haul carrier is not new, but received new impetus since June when both VS CEO Steve Ridgway and President Richard Branson said Virgin might be open to consolidation. The remaining 49% in VS is held by Singapore Airlines, which publicly admitted on several occasions in the past years that its shareholding in the UK carrier is no longer of strategic value and it is looking at several options, including a divesture. It bought the stake in 1999 for £600.25 million ($971.2 million).

VS in the past tried to buy bmi, now fully controlled by Lufthansa, to form a combined network carrier with bmi's medium-haul fleet feeding its own long-haul operations. Recently, there have been rumors that it is in talks with easyJet over a likewise combination, but a source close to U2 told ATW that such talks “were not yet at board level.” EasyJet operates from several London airports, while Virgin’s main base is at Heathrow.

ATWOnline
 
Etihad eyes Virgin Atlantic

Middle Eastern airline Etihad has made it known it is interested in acquiring a large chunk of Virgin Atlantic, it was revealed this weekend.

Sir Richard Branson appointed Deutsche Bank last year to carry out a strategic review of his airline’s future and consider alliances with other airlines.

And Etihad, which is backed by the Abu Dhabi royal family, has revealed that it has approached the bank via a letter from its chief executive James Hogan.

Branson has suggested that he may wish to sell his 51% stake in Virgin Atlantic should the right bidder come along.

Neither Etihad nor Virgin Atlantic would comment on the news, the former saying only that it regularly spoke with other airlines about future business opportunities.

by Dinah Hatch

http://www.travelmole.com/stories/1146079.php?mpnlog=1
 
Virgin 'circled by rival airlines'

(UKPA) –

Virgin Atlantic is being circled by a number of airlines as consolidation in the beleaguered sector looks set to continue, it has been reported.

Air France-KLM and America's Delta are understood to be trying to tempt Sir Richard Branson's airline to join their transatlantic SkyTeam alliance, according to the Sunday Times.

The joint venture, which was set up in May 2009, allows partners to share revenues and costs and to co-ordinate their flight schedules.

But the consortium, which is being advised by Goldman Sachs, faces competition from airline Etihad, which is owned by the ruling family of Abu Dhabi.

The group has previously expressed an interest in Virgin Atlantic and it has drafted in Bank of America Merrill Lynch to advise it on a possible deal.

A Virgin spokeswoman said: "Virgin Atlantic is a strong, independent business with a good growth position at both London Heathrow and Gatwick, so we are not surprised that there is interest in us."

Sir Richard hired Deutsche Bank in November last year to look at the options for his 51% stake in the airline he founded.

He was forced to review the airline's future after British Airways formed its own transatlantic alliance with American Airlines and merged with Iberia, making it harder for Virgin to compete at Heathrow.

Analysts speculated at the time that the tie-up would mean Virgin either had to bring in wealthy investors or Sir Richard may have to sell his stake altogether.

Singapore Airlines owns the remaining 49% of shares in Virgin and it has previously indicated that it would be prepared to sell its holding at the right price.

Copyright © 2011 The Press Association. All rights reserved.
 
Air France-KLM and Delta Air Lines Partner for Virgin Atlantic Deal
February 23rd, 2011 by Garry Robertson

Air France-KLM and Delta Air Lines are said to have partnered up for a potential bid on a 51% stake in Virgin Atlantic, the carrier owned by British entrepreneur Sir Richard Branson. The SkyTeam alliance members have reportedly appointed Goldman Sachs to advise them on a possible approach.

Sir Richard’s 51% stake is valued from £500 million to £1 billion by analysts. He hired Deutsche Bank to examine the airline’s strategic options after British Airways and Iberia completed their £5.2 billion merger, as well as made a transatlantic pact with American Airlines. The other 49% of Virgin Atlantic is owned by Singapore Airlines, after the carrier purchased it in 1999 for £600 million.

Air France and Delta teamed up last year to invest £1.3 billion in Japan Airlines. The Asian airline rejected the offer in favor of continuing its membership in the Oneworld alliance with British Airways and American Airlines.

Other airlines around the world have been consolidating and forging partnerships recently so that they can survive the recession and other factors, like the rising price of oil. However, Virgin Atlantic hasn’t become a member of any big alliances, and a review of the carrier’s position found several possible outcomes. These include a codeshare deal, selling part of Singapore Airlines’ stake to a 3rd party, joining an alliance and for Sir Richard to give up majority control as part of a bigger transaction.

Another airline interested in a bid on Sir Richar’s stake is Etihad Airlines. Chief executive James Hogan wrote to Deutsche Bank, expressing his interest in a deal, and he has hired Bank of America Merrill Lynch for advice.

http://news.carrentals.co.uk/air-fr...artner-for-virgin-atlantic-deal-34239910.html