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Lufthansa takeover bid of Alitalia

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Lufthansa takeover bid of Alitalia

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Old 12th Aug 2008, 14:09
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Lufthansa takeover bid of Alitalia

Just heard a rumour that LH are planning a takeover of AZ.....Has anyone heard this and can give more details on this takeover bid.
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Old 12th Aug 2008, 14:49
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Untrue - fanciful rumours eminate from Rome on a daily basis in their desparation to find a solution to Alitalia's funding crisis. The financial press now ignore most of them.
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Old 12th Aug 2008, 15:50
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AZ,IB,BD how many others have they elged to have taken over or going to.

All these rumours lead to nothing i would imagine. I know LH are powerfull but i dont think there power is that big, to let them take over nearlly all of the airlines that have been mentioned for takeover by rumours.
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Old 12th Aug 2008, 17:31
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The Solution

Preferably close Alitalia down. The Italian government has for years been pumping state aid (probably illegally under EU law) into Alitalia. This just skews the market, and gives the employees a sense of invincibility - hence the never ending rounds of strikes by all quarters of the airline.

A new smaller, leaner carrier would surely rise phoenix like from the ashes, standing on it's own two feet, like most of the other major European carriers (BA, LH, IB for example). The problem is Italy won't face up to economic realities.
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Old 12th Aug 2008, 18:12
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Why not?

It would be good!! after all the Germans and Italians have a history of working together
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Old 12th Aug 2008, 18:30
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INKJET, Your right. Ha Ha.
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Old 12th Aug 2008, 19:24
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" Why not? It would be good!! after all the Germans and Italians have a history of working together"

Yeah and since DLH has more than one strike going on this year (first ground/mx staff, now pilots, F/A`s will most likely be next this winter) they share a common company culture....
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Old 12th Aug 2008, 19:47
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I'm dreaming: LH/LX/OS/AZ would be great against AF/KL and BA/IB.
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