purple haze
29th Jan 2002, 02:30
let me refer you to an article....
. .STOCKWATCH KLM rises as BA, AA tie-up failure sparks KLM, BA merger rumours. .AMSTERDAM (AFX) - KLM Royal Dutch Airlines shares were more than 6 pct higher in morning trade on speculation KLM may renew merger talks with. .British Airways PLC after BA and AMR Corp's American Airlines said they will not accept the conditions for approval of their proposed. .trans-atlantic alliance imposed by the US Department of Transportation,. .analysts said.
At 10.17, KLM shares were 0.85 higher at 14.41, while the AEX index was up 4.65 points at 408.01.
"Rumours will enter the market in the coming days about a possible alliance (merger) between KLM and British Airways now the proposed alliance. .between BA and American Airlines has come to a standstill," said analysts at SNS Securities.
The main reason to block an alliance between BA and KLM would be the dominant position on the Atlantic route if BA had signed an alliance with. .AA, they said, adding that the biggest constraints for a merger now are the. .bilateral agreements between countries.
"In our view a merger is still not realistic but an increased cooperation between both airlines has become more realistic," the analysts. .said.
mrk/vs
. .considering that nows a great time for ba to merge with another airline, what are the chances of ba/klm?
this would give a cash injection to ba, more cost cutting exercises from so called synergies etc...
. .STOCKWATCH KLM rises as BA, AA tie-up failure sparks KLM, BA merger rumours. .AMSTERDAM (AFX) - KLM Royal Dutch Airlines shares were more than 6 pct higher in morning trade on speculation KLM may renew merger talks with. .British Airways PLC after BA and AMR Corp's American Airlines said they will not accept the conditions for approval of their proposed. .trans-atlantic alliance imposed by the US Department of Transportation,. .analysts said.
At 10.17, KLM shares were 0.85 higher at 14.41, while the AEX index was up 4.65 points at 408.01.
"Rumours will enter the market in the coming days about a possible alliance (merger) between KLM and British Airways now the proposed alliance. .between BA and American Airlines has come to a standstill," said analysts at SNS Securities.
The main reason to block an alliance between BA and KLM would be the dominant position on the Atlantic route if BA had signed an alliance with. .AA, they said, adding that the biggest constraints for a merger now are the. .bilateral agreements between countries.
"In our view a merger is still not realistic but an increased cooperation between both airlines has become more realistic," the analysts. .said.
mrk/vs
. .considering that nows a great time for ba to merge with another airline, what are the chances of ba/klm?
this would give a cash injection to ba, more cost cutting exercises from so called synergies etc...