Will QANTAS buy Cobham?
Why would they buy Cobham?
Advent International Corporation is already proposing to buy Cobham for four BILLION pounds.
Assuming you meant the Australian branch of aviation services then who says that part is for sale?
Advent International Corporation is already proposing to buy Cobham for four BILLION pounds.
Assuming you meant the Australian branch of aviation services then who says that part is for sale?
Yes talking about the aviation arm only
Throw in the Regional operation in order to get out of the B717 contract?
Qantas have zero interest in fixing or bettering regional ops in Australia. They will have no interest in another AOC.
I cant remember if it was Strambi or another, however the comment was made that "the Australian regional market will not sustain the capital requirements of new airframes". They had the opportunity a few years ago to take that step however they decided to keep the 717's even when Delta was chomping at the bit to get them.
They dangle the jet carrot to Sunnies and Eastern every few years, then go and acquire dutch ovens that nobody else wants.
This week when Embraer brought the E2 to Australia the smartest men in the room did not even bother to leave Coward St to come for a look when the aircraft was barely a couple km away from them.
Just remember the jet you fly and everything in it is provided by the lowest bidder...….
I cant remember if it was Strambi or another, however the comment was made that "the Australian regional market will not sustain the capital requirements of new airframes". They had the opportunity a few years ago to take that step however they decided to keep the 717's even when Delta was chomping at the bit to get them.
They dangle the jet carrot to Sunnies and Eastern every few years, then go and acquire dutch ovens that nobody else wants.
This week when Embraer brought the E2 to Australia the smartest men in the room did not even bother to leave Coward St to come for a look when the aircraft was barely a couple km away from them.
Just remember the jet you fly and everything in it is provided by the lowest bidder...….
With what I know of Qantas procurement, a non-negotiable in most of their contracts is a "majority control" clause which gives QF the ability to walk away if majority control of the contracting party changes. I'd be surprised if this is not in the contract with Cobham. But they would only invoke that if they had a viable alternative, which really comes down to the dollars and cents. If it went that way, I would imagine that Network would be in the frame, but they would probably look favourably at Alliance, if they can convince the ACCC to let them take control.
Buying a company you have a contract with does not immediately invalidate the contract.
I doubt it will be anything other that business as usual anyway, but this is a rumour and conspiracy forum afterall.
Teabagger, Stop stealing lines from a great man!
“As I hurtled through space, one thought kept crossing my mind - every part of this rocket was supplied by the lowest bidder.”
― John Glenn
Just remember the jet you fly and everything in it is provided by the lowest bidder...….
― John Glenn
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Regulatory and market considerations aside.
The operating cost of the B717 per hour is on par with a 738 (at least with other operators)
Thus, given the market may be too small for the 738 (or other IR posturing) the question is what market is ultimately going to support which aircraft?
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Yes.
Regulatory and market considerations aside.
The operating cost of the B717 per hour is on par with a 738 (at least with other operators)
Thus, given the market may be too small for the 738 (or other IR posturing) the question is what market is ultimately going to support which aircraft?
Regulatory and market considerations aside.
The operating cost of the B717 per hour is on par with a 738 (at least with other operators)
Thus, given the market may be too small for the 738 (or other IR posturing) the question is what market is ultimately going to support which aircraft?
Will QANTAS buy Cobham? No.
Will they try and buy Cobham out of the contract early for a dollar? Very likely.
Will they use this situation to leverage Cobham crew into a bargain basement contract? Almost certainly.
Will they try and buy Cobham out of the contract early for a dollar? Very likely.
Will they use this situation to leverage Cobham crew into a bargain basement contract? Almost certainly.
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Thank you for your opinion.
However the information is publicly available.
To help your education, the operator, following acquisition of a competitor inherited many B717.
The aircraft were disposed of inside two years and the reason is detailed by the operator.
However the information is publicly available.
To help your education, the operator, following acquisition of a competitor inherited many B717.
The aircraft were disposed of inside two years and the reason is detailed by the operator.
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Ever the stickler for his Corporate obligations, QF CEO Little Napoleon would never have forewarning of any such change. Thus, an Alliance purchase is simply "amazing timing" rather like vesting dates on really cheap management share options. All coincidence.