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Virgin Atlantic bought ASA!

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Virgin Atlantic bought ASA!

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Old 31st Mar 2005, 01:29
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Virgin Atlantic bought ASA!

just heard it..
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Old 31st Mar 2005, 01:34
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Heard it where ?
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Old 31st Mar 2005, 03:11
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@ yankee

From a little bird..

Just watch the news tomorrow my friend!

V1
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Old 31st Mar 2005, 05:34
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Ummmm, April fools....
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Old 31st Mar 2005, 06:29
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I think you'll find it's true...... watch this space
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Old 31st Mar 2005, 07:09
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Who, or what is ASA!?
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Old 31st Mar 2005, 07:43
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What to do? Turn it into Virgin USA?

cheers
FF
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Old 31st Mar 2005, 08:32
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if its African Safari Airways... congratulations!

A real move into a global airline system
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Old 31st Mar 2005, 08:36
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Old 31st Mar 2005, 09:34
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I'm guessing its ASA (Atlanta) ... got a shed load of CRJs ...
 
Old 31st Mar 2005, 10:07
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No it's the Amateur Swimming Association. "Hairy One" is going to sponsor the swimmers when the Olympics are in London in 2012.

He is due to announce tomorrow that he intends to be the first person to swim the Atlantic (if Steve Fossit doesn't do it first).

PS Keep quiet don't tell anyone, it would spoil tomorrow’s announcement. Remember you read it first on PPRuNe.
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Old 31st Mar 2005, 10:09
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Don't you mean ACA?

ACA= Atlantic Coast Airline = Independence Air =FlyI = Struggling new low cost re-birth of an airline who used to operate smaller commuter a/c for main line airlines.

ASA = Atlantic Southeast Airlines = Delta Connection Carrier, fully owned by Delta I believe?

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Old 31st Mar 2005, 10:18
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AirServices Australia?
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Old 31st Mar 2005, 10:36
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No No No!!

It means A Shiney Aeroplane!

Must be second hand tho, otherwise it would be ASNA.

TIO
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Old 31st Mar 2005, 12:18
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Well, ASA is up for sale.

See:

http://www.bizjournals.com/atlanta/s...21/story2.html

But announcements are usually made before the New York stock exchange (where Delta is traded)opens for trading.

And nary a whisper on the Delta message bulletin board on Yahoo business.

http://finance.yahoo.com/q/mb?s=DAL
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Old 31st Mar 2005, 12:26
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I agree that ACA is the far more likely choice. They already have the A319s on their type certificate and an outside investor or miracle is the only chance of survival long term.

From a VP there at FLYI, a deal was inked out in fall 2003 with Virgin, but FLYI senior management walked away because they thought Branson needed FLYI more than FLYI needed Branson. Now the tables are turned and all though the business plan is starting to show signs of working, cash levels are critically low (also the golden parachutes are now in place). The brand is nothing like what FLYI management originally promised; live tv, BOB meals. It is however cheap, on time, friendly service and these days that might be good enough.

BBB
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Old 31st Mar 2005, 12:52
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or how about ATA's sale of Chicago Express - that's today isn't it?
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Old 31st Mar 2005, 15:52
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How will this work, as i though there is a limit on how much an non US company can own off an American airline.
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Old 1st Apr 2005, 06:53
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Goldeneye: Just need some local investors that make it look like you have less than the maximum shares allowed. In the mean time have some cronnies in management that know who is the real boss.
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