Air-Berlin takeover by Ryanair?
Thread Starter
Join Date: Mar 2006
Location: Choroni, sometimes
Posts: 1,974
Likes: 0
Received 0 Likes
on
0 Posts
Air-Berlin takeover by Ryanair?
German magazine focus is speculating today about possible takeover.
http://www.focus.de/finanzen/boerse/...aid_65577.html
http://www.focus.de/finanzen/boerse/...aid_65577.html
Join Date: May 2007
Location: Europe
Posts: 23
Likes: 0
Received 0 Likes
on
0 Posts
Ryanair to buy Air-Berlin?
http://www.n-tv.de/823640.html
Rumour has it that Ryanair is after Air-Berlin. Shares have gone up 5.8% resp. 1.4%. Neither airline would comment.
Rumour has it that Ryanair is after Air-Berlin. Shares have gone up 5.8% resp. 1.4%. Neither airline would comment.
So, the end of the world is closer than I thought! I hope this isn't true. I can't see the majority of Germans accepting the inferior service Ryanair offer in contrast with Air Berlin. They are worlds apart. Naah, this must be a wind up with an ulterior motive.
Join Date: Mar 2003
Location: Europe
Posts: 2,175
Likes: 0
Received 0 Likes
on
0 Posts
Well, as its is known, after resigning as Ryanair CEO, Michael O'Leary will begin his career in the movies, playing the villain in the forthcoming James Bond movies (you know, the one with the white cat on his lap and the desire to dominate the world by all sorts of dirty games).....
Join Date: Jan 2006
Location: Laponia
Posts: 3
Likes: 0
Received 0 Likes
on
0 Posts
I wonder how Ryanair could buy Air Berlin? Ryanair's shares are dropping, and same for load factors (http://airscoop.*************/2007/0...tage-down.html)...
In this difficult situation, I don't believe Ryanair could buy the third european low-cost carriers....
In this difficult situation, I don't believe Ryanair could buy the third european low-cost carriers....
Join Date: Feb 2007
Location: CGN
Age: 53
Posts: 107
Likes: 0
Received 0 Likes
on
0 Posts
Posted this in the "rumours" section beforen being told there is a thread here:
Various serious German media are reporting that Ryanair is interested in a share in Germany's AirBerlin. It is supposed to be interested in the 10.8% of the total shares that Deutsche Bank is holding.
Background: After the takeover of rival scheduled carrier DBA and scheduled + charter carrier LTU, AB is now Germany's 2nd largest airline.
AB also acquired a 50% stake in Swiss carrier BelAir, therefore not only owning long-range planes (330) and rights through LTU but also through BelAir ex Switzerland. Joint fleet of the group: Approx. 90 planes of which approx. 15-20 are long-range.
Ryanair declined any comment, AB stated that they don't know - which might even be true as according to German law an institutional investor such as Deutsche Bank is not obliged to notifiy the company when it is negotiating with a potential buyer.
Background: After the takeover of rival scheduled carrier DBA and scheduled + charter carrier LTU, AB is now Germany's 2nd largest airline.
AB also acquired a 50% stake in Swiss carrier BelAir, therefore not only owning long-range planes (330) and rights through LTU but also through BelAir ex Switzerland. Joint fleet of the group: Approx. 90 planes of which approx. 15-20 are long-range.
Ryanair declined any comment, AB stated that they don't know - which might even be true as according to German law an institutional investor such as Deutsche Bank is not obliged to notifiy the company when it is negotiating with a potential buyer.
Join Date: Feb 2007
Location: CGN
Age: 53
Posts: 107
Likes: 0
Received 0 Likes
on
0 Posts
Well, as its is known, after resigning as Ryanair CEO, Michael O'Leary will begin his career in the movies, playing the villain in the forthcoming James Bond movies (you know, the one with the white cat on his lap and the desire to dominate the world by all sorts of dirty games).....
Join Date: Aug 2005
Location: Too far from the equator
Posts: 745
Likes: 0
Received 0 Likes
on
0 Posts
Copycatz ,
If you think that Ryanair cannot afford a major buy-out then you know nothing about the current finances of the airlines in question. They have huge cash in the bank.
I am not a RY lover , or employee , but I am a realist , and the reality is that Ryanair have enormous clout these days , cash wise.
I believe that AB cannot hold a candle to RYs finances , please prove me wrong and I will apologise unreservedly.
happy flying.
KK
If you think that Ryanair cannot afford a major buy-out then you know nothing about the current finances of the airlines in question. They have huge cash in the bank.
I am not a RY lover , or employee , but I am a realist , and the reality is that Ryanair have enormous clout these days , cash wise.
I believe that AB cannot hold a candle to RYs finances , please prove me wrong and I will apologise unreservedly.
happy flying.
KK
Join Date: Jan 2006
Location: Laponia
Posts: 3
Likes: 0
Received 0 Likes
on
0 Posts
kotakota,
you're right about huge cash reserve of Ryanair
buying Air Berlin for the sake of buying is possible, but I talk here about sustainable business
load factors of the carriers are dropping (http://www.reuters.com/article/tnBas...00034520070704), so one way to compensate these drops is to get a bigger fleet
That's why Ryanair ordered around 20 new aircrafts recently
If we think about the strategy one second: Ryanair like other low-cost carriers have open routes that were the most profitable and they stimulate demands on these routes
Now that these routes are saturated, they look for new ones that are farer (risk on the business model...) and obviously these routes are less profitable
(because there were not the first choice)
So to sum up, yes Ryanair has enough cash to buy Air Berlin, but no this business model is not sustainable
easyjet business model with its networking strategy (versus Ryanair's expanding strategy) and frequent daily flights seems more solid to face the slowdown of the market
you're right about huge cash reserve of Ryanair
buying Air Berlin for the sake of buying is possible, but I talk here about sustainable business
load factors of the carriers are dropping (http://www.reuters.com/article/tnBas...00034520070704), so one way to compensate these drops is to get a bigger fleet
That's why Ryanair ordered around 20 new aircrafts recently
If we think about the strategy one second: Ryanair like other low-cost carriers have open routes that were the most profitable and they stimulate demands on these routes
Now that these routes are saturated, they look for new ones that are farer (risk on the business model...) and obviously these routes are less profitable
(because there were not the first choice)
So to sum up, yes Ryanair has enough cash to buy Air Berlin, but no this business model is not sustainable
easyjet business model with its networking strategy (versus Ryanair's expanding strategy) and frequent daily flights seems more solid to face the slowdown of the market
Rebel PPRuNer
Join Date: Aug 2000
Location: Toronto, Canada (formerly EICK)
Age: 51
Posts: 2,834
Likes: 0
Received 0 Likes
on
0 Posts
I wonder will FR keep the 5 x 737-700s if MOL is not thwarted as with EI - presumably the A320s and F100s will go on the block.
Join Date: Mar 2001
Location: I wouldn't know.
Posts: 4,499
Likes: 0
Received 0 Likes
on
0 Posts
Interesting to see this announcement in the light of the recent interest from RYR into long range operations:
Further to that Air Berlin has the option in its earlier 737-700 order to switch from 737 to 787.
SEATTLE, July 07, 2007 -- On the eve of the unveiling of the world's newest commercial jetliner, the 787 Dreamliner, The Boeing Company [NYSE: BA] and Air Berlin announced an order for 25 787-8 airplanes valued at $4 billion at list prices. The order is the single largest placed by any European carrier and brings the total number of 787s ordered worldwide to 677.
Air Berlin, based in Berlin, Germany, is Europe's third largest low-fare carrier. Long focused primarily on the low-fare market, Air Berlin will add long-haul destinations, with the ultra-efficient 787 serving as the cornerstone of its twin-aisle, long-haul fleet.
Last year Air Berlin purchased German carrier dba as part of its growth plan.
"The 787 is perfectly suited for our new long-haul services," said Joachim Hunold, chief executive officer of Air Berlin. "It is hands-down the best aircraft to deliver the optimum combination of fuel efficiency, environmental performance and passenger comfort that we need to successfully grow our business and deliver a superior product for our customers. Passengers will fall in love with this airplane. The 787's many ground-breaking innovations make it a powerful tool for profitability."
On top of the 25 orders, Air Berlin is securing 10 options and 15 purchase rights for additional 787s.
"Air Berlin's order is further validation of the 787's suitability for a broad spectrum of airline models," said Marlin Dailey, vice president of Sales for Europe, Russia and Central Asia, Boeing Commercial Airplanes. "For global network and long-haul carriers, and for charter and leisure carriers and innovative low-fare carriers like Air Berlin, the 787 will be a flexible, profitable asset. The Dreamliner will be a magnificent addition to Air Berlin's growing fleet.
"Air Berlin today is making history by placing Europe's largest 787 order to date, and it will continue to make history as it leverages the 787's game-changing capabilities to evolve its business model and position in the highly-competitive European market." Air Berlin did not announce an engine supplier for its 787s.
The Boeing 787 Dreamliner provides passengers with a better flying experience and operators with more efficient commercial jetliners. Using 20 percent less fuel per passenger than similarly sized airplanes, the 787 is designed for the environment with lower emissions and quieter takeoffs and landings. Inside the airplane, passengers will find cleaner air, bigger windows, more stowage space and improved lighting.
The first 787 is on schedule for delivery to the first customer in May 2008. Including Air Berlin, 47 customers have ordered 677 787s, making it the most successful launch of a commercial airplane in Boeing history.
Air Berlin, based in Berlin, Germany, is Europe's third largest low-fare carrier. Long focused primarily on the low-fare market, Air Berlin will add long-haul destinations, with the ultra-efficient 787 serving as the cornerstone of its twin-aisle, long-haul fleet.
Last year Air Berlin purchased German carrier dba as part of its growth plan.
"The 787 is perfectly suited for our new long-haul services," said Joachim Hunold, chief executive officer of Air Berlin. "It is hands-down the best aircraft to deliver the optimum combination of fuel efficiency, environmental performance and passenger comfort that we need to successfully grow our business and deliver a superior product for our customers. Passengers will fall in love with this airplane. The 787's many ground-breaking innovations make it a powerful tool for profitability."
On top of the 25 orders, Air Berlin is securing 10 options and 15 purchase rights for additional 787s.
"Air Berlin's order is further validation of the 787's suitability for a broad spectrum of airline models," said Marlin Dailey, vice president of Sales for Europe, Russia and Central Asia, Boeing Commercial Airplanes. "For global network and long-haul carriers, and for charter and leisure carriers and innovative low-fare carriers like Air Berlin, the 787 will be a flexible, profitable asset. The Dreamliner will be a magnificent addition to Air Berlin's growing fleet.
"Air Berlin today is making history by placing Europe's largest 787 order to date, and it will continue to make history as it leverages the 787's game-changing capabilities to evolve its business model and position in the highly-competitive European market." Air Berlin did not announce an engine supplier for its 787s.
The Boeing 787 Dreamliner provides passengers with a better flying experience and operators with more efficient commercial jetliners. Using 20 percent less fuel per passenger than similarly sized airplanes, the 787 is designed for the environment with lower emissions and quieter takeoffs and landings. Inside the airplane, passengers will find cleaner air, bigger windows, more stowage space and improved lighting.
The first 787 is on schedule for delivery to the first customer in May 2008. Including Air Berlin, 47 customers have ordered 677 787s, making it the most successful launch of a commercial airplane in Boeing history.
Join Date: Jun 2000
Location: last time I looked I was still here.
Posts: 4,507
Likes: 0
Received 0 Likes
on
0 Posts
I hope the LoCo's who go longhaul will not configure their cabins with the same seats as shorthaul; i.e. cramped leg room and no recline. The thought of more than 2 hours in such conditions will drive pax to other more comfortable carriers. The market will decide. It could be an expensive mistake to need a reconfiguration within 1 year.
Join Date: Sep 2002
Location: Manchester
Posts: 1,106
Likes: 0
Received 0 Likes
on
0 Posts
RAT5 -
I agree with you that extra legroom is required for longhaul, but non-reclining seats are FANTASTIC ! Reclining one's own seat MAY enhance comfort to a very marginal degree, but that is MASSIVELY outweighed by the extreme discomfort of having some selfish individual fully recline their seat into your face for several hours. It becomes difficult to read, eat or use the seatback entertainment system, not to mention the cramped, claustrophobic conditions.
Why are airlines so obsessed with reclining seats anyway? Why do they assume that passengers love reclining seats? Do they ever ask us or do any research? I know many frequent flyers who agree with me totally on this. Air Berlin and others please note: I AM PREPARED TO PAY MORE FOR USE OF A CABIN WITH NON-RECLINING SEATS. I want to use the space I have paid for to make MYSELF comfortable on the flight!
This is the one innovation which Ryanair has introduced which actually improves the passenger experience.
I agree with you that extra legroom is required for longhaul, but non-reclining seats are FANTASTIC ! Reclining one's own seat MAY enhance comfort to a very marginal degree, but that is MASSIVELY outweighed by the extreme discomfort of having some selfish individual fully recline their seat into your face for several hours. It becomes difficult to read, eat or use the seatback entertainment system, not to mention the cramped, claustrophobic conditions.
Why are airlines so obsessed with reclining seats anyway? Why do they assume that passengers love reclining seats? Do they ever ask us or do any research? I know many frequent flyers who agree with me totally on this. Air Berlin and others please note: I AM PREPARED TO PAY MORE FOR USE OF A CABIN WITH NON-RECLINING SEATS. I want to use the space I have paid for to make MYSELF comfortable on the flight!
This is the one innovation which Ryanair has introduced which actually improves the passenger experience.
Join Date: May 2006
Location: Suffolk, Diss, UK
Age: 50
Posts: 677
Likes: 0
Received 0 Likes
on
0 Posts
Yep Get rid of the reclining seats, had some selfish person
do that to me on my last flight which was 3 hours long, probally the worst flight i had ever been on.
do that to me on my last flight which was 3 hours long, probally the worst flight i had ever been on.
Join Date: Sep 2003
Location: DE74
Age: 49
Posts: 767
Likes: 0
Received 0 Likes
on
0 Posts
Can I just ask? When all the seats in a cabin recline, why is it an indication of selfishness for the individual in front of me to choose to recline their seat?
If I recline my seat the space between seatbacks remains the same.
NickBarnes, get over yourself.
If I recline my seat the space between seatbacks remains the same.
NickBarnes, get over yourself.
Join Date: Apr 2007
Location: EMA
Age: 38
Posts: 273
Likes: 0
Received 0 Likes
on
0 Posts
Hang on, back in the day when Ryanair seats did recline, rows 16,17 and 33 didn't, and the room is actually from the corner of the L to the back other the seat in front so it dpont actually matter if the seat in fronts goes back, on actualy leg room, but does to your overall space.
And what does leg room have to go with Ryanair taking over Air Berlin?
sleazyJet leg room 30"
Ryanair leg room 31" makes all the difference
*was mytravellite 28 or 29""? can someone pvt me
And what does leg room have to go with Ryanair taking over Air Berlin?
sleazyJet leg room 30"
Ryanair leg room 31" makes all the difference
*was mytravellite 28 or 29""? can someone pvt me