Air Transport Int. ATI for sale?
Join Date: Dec 2004
Location: USA
Posts: 28
Likes: 0
Received 0 Likes
on
0 Posts
I think Brinks caught everyone by surprise with the BAX offer.
ATI and BAX both did not expect it. BAX had some small expansion plans, explains the new hires, but expect all that went on hold with the impending sale.
Can't even tell if ATI will be part of the sale or spun off as part of the deal.
No public news of any offers.... of course that is to be expected until all involved have hammered out some details. Plus the possibility of a complete shut-down of all operations should the likes of UPS buy them would be another reason to keep the employees in the dark.
Talk about a deal that could go either way ...
ATI and BAX both did not expect it. BAX had some small expansion plans, explains the new hires, but expect all that went on hold with the impending sale.
Can't even tell if ATI will be part of the sale or spun off as part of the deal.
No public news of any offers.... of course that is to be expected until all involved have hammered out some details. Plus the possibility of a complete shut-down of all operations should the likes of UPS buy them would be another reason to keep the employees in the dark.
Talk about a deal that could go either way ...
Join Date: Dec 2001
Location: USA
Posts: 153
Likes: 0
Received 0 Likes
on
0 Posts
BAX carries a lot of baggage s the attached article from Air Cargo World makes clear. Even if they are profitable there may be no takers.
http://aircargoworld.com/break_news/06272005f.htm
http://aircargoworld.com/break_news/06272005f.htm
