View Full Version : Virgin Atlantic bought ASA!
bafanguy
31st Mar 2005, 01:34
Heard it where ?
@ yankee
From a little bird.. :)
Just watch the news tomorrow my friend!
V1
West Coast
31st Mar 2005, 05:34
Ummmm, April fools....
VIKING9
31st Mar 2005, 06:29
I think you'll find it's true...... watch this space :ok:
openfly
31st Mar 2005, 07:09
Who, or what is ASA!?
FormerFlyer
31st Mar 2005, 07:43
What to do? Turn it into Virgin USA?
cheers ;)
FF
HF-Tuner
31st Mar 2005, 08:32
if its African Safari Airways... congratulations!
A real move into a global airline system:ok:
Sir George Cayley
31st Mar 2005, 08:36
Advertising Standards Agency?
Sir George Cayley
I know.................. I'll fetch me coat :=
TwoDots
31st Mar 2005, 09:34
I'm guessing its ASA (Atlanta) ... got a shed load of CRJs ...
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.
:D
10 DME ARC
31st Mar 2005, 10:09
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?
:)
Chromium
31st Mar 2005, 10:18
AirServices Australia?
Turn It Off
31st Mar 2005, 10:36
No No No!!
It means A Shiney Aeroplane!
Must be second hand tho, otherwise it would be ASNA.
TIO
SaturnV
31st Mar 2005, 12:18
See:
http://www.bizjournals.com/atlanta/stories/2005/03/21/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
bigbeerbelly
31st Mar 2005, 12:26
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
brabazon
31st Mar 2005, 12:52
or how about ATA's sale of Chicago Express - that's today isn't it?
goldeneye
31st Mar 2005, 15:52
How will this work, as i though there is a limit on how much an non US company can own off an American airline.
Dutchie
1st Apr 2005, 06:53
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.