Alaska Airlines Won't Discount Merger Plans | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne On ANN

ADR 02.20.17

Airborne 02.20.17

Airborne 02.21.17

Airborne 02.22.17

Airborne 02.23.17

Airborne 02.17.17

Airborne-HD On YouTube

ADR 02.20.17

Airborne 02.20.17

Airborne 02.21.17

Airborne 02.22.17

Airborne 02.23.17

Airborne 02.17.17

Fri, Feb 20, 2009

Alaska Airlines Won't Discount Merger Plans

Delta Alliance Fuels Rumors Of Possible Buyout

Three months after announcing a significant codeshare and marketing alliance with Delta Air Lines, officials at Alaska Airlines say they'd consider a merger with another airline if the right deal were made.

Officials hastened to add, however, that Alaska wants to remain independent and sees no immediate need to rush into a partnership. "Every year there's been a rumor about who is going to buy Alaska and here we are doing well as an independent company," Alaska Airlines CEO Bill Ayer told The Associated Press.

As ANN reported, Delta and Alaska announced an agreement to expand the marketing agreement between both carriers, to make the airlines preferred alliance partners on the West Coast... an area where Delta, the world's largest airline following last year's merger with Northwest, is relatively weak. The alliance gave Delta codeshare access to over 50 destinations out of Los Angeles, and over 100 new destinations from Portland and Seattle.

At the time, Delta CEO Richard Anderson said he had not talked with Alaska's CEO about a possible merger... but since then, Delta hasn't commented further on the matter. On Wednesday, Ayer said of mergers "no company can rule that out" in these challenging economic times.

"You don't know where the world is headed," he added. While stressing Alaska enjoys being an independent entity, Ayer also stated "If there is a better alternative, we will look at that alternative."

Alaska's Chief Operating Officer, Ben Minicucci, was more succinct. "If we run the company the way we're supposed to, we'll remain independent."

In fact, it's Alaska's relatively strong economic performance that has attracted merger buzz. Stock in Alaska Air Group is trading near its 52-week high, an anomaly given the performance of most airline stocks right now. The airline has also posted an annual profit -- albeit one adjusted for certain losses in some years -- since FY 2004.

FMI: www.alaskaairlines.com, www.delta.com

Advertisement

More News

Infamous RV-10 Lawsuit Against Van's Aircraft Dismissed

Years of Wasted Effort, Resources, and Worry Signal Ongoing Defects In US Tort Law When the news first came out, in 2015, that Van's Aircraft was sued for a considerable amount of >[...]

Airborne 02.22.17: CAF Dixie Wing P-63A, AF1 Price Cut, SLS Manned Flt?

Also: Drone Light Show, Remotely Piloted Helos, TFR Busts, Gulfstream, XTI Aircraft, CA Airlines, Icelandair After more than 40 years since it’s last flight, the Commemorativ>[...]

AMA Drone Report 02.20.17: DJI & AMA Team Up, MultiGP, Drone Advisory Committee

Also: Another Dumb FL Drone Law, AMA Expo East!, Spaceport America Drone Summit DJI and AMA have launched a joint program to promote safe and responsible drone operations, train pu>[...]

Airborne 02.21.17: NASA 'Space Poop' Challenge, Drone Advisory, Boeing

Also: Alphabet Balloons, Aero-Calendar, DJI-AMA, Solar Research, Dreamliners, F-35, ALPA NASA Johnson Space Center, in partnership with NASA Tournament Lab and online crowdsourcing>[...]

GA Aircraft Shipments And Billings Down Almost Across The Board

Only Uptick Was In Turboprop Airplanes, Turbine Helicopters Hit Hard The news is pretty much all bad, and some of it is really bad, in the GAMA 2016 year-end report of aircraft shi>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC