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

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 06.29.15

Airborne 06.30.15

Airborne 06.24.15

Airborne 06.25.15

Airborne 06.26.15

Airborne Hi-Def On YouTube

Airborne 06.29.15

Airborne 06.30.15

Airborne 06.24.15

Airborne 06.25.15

Airborne 06.26.15

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

Airborne 06.30.15: Defending Santa Monica, Aspen ADS-B, NBAA v Privatization

Also: Spectra Reserves, Aero-Calendar, New Airman Standards, Spaceport America, Pointing Lasers, C-17 Training Network, Seaplane Sim Supporters of the Santa Monica, California Airp>[...]

Hexacopter Blasted Out Of The Air Results In Small Claims Charge

Court Finds In Favor Of Aircraft Owner Back in November last year, Eric Joe was visiting his parent's home in Modesto, CA, and flew his Hexacopter low and slow over what he says wa>[...]

SpaceX Falcon 9 Anomaly Was Apparently In The Booster's Second Stage

First Stage Operated Normally As The Spacecraft Disintegrated More details are emerging from the launch failure Sunday of a SpaceX Falcon 9 booster carrying a Dragon resupply space>[...]

AeroSports Update: Wingfoot One Headed To AirVenture

Goodyear’s Brand New Wingfoot One Airship Makes Its EAA AirVenture Oshkosh Debut This Year. If you think rigid airships are something from the past, it’s time to get a >[...]

AD: Dassault Aviation Airplanes

AD NUMBER: 2015-13-08 PRODUCT: All Dassault Aviation Model FALCON 2000EX airplanes.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC