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| Slovenian President proposes for Qatar to acquire Adria |
The Slovenian President Borut Pahor has urged Qatar Airways to buy a share in its national carrier Adria Airways, which is up for privatisation this year. The Slovenian State Secretary at the Ministry for Economic Development and Technology, Ales Cantarutti, says the proposal was made during the President’s meeting with the Emir of Qatar, Sheikh Tamim bin Hamad al-Thani, in Doha last Thursday. “During talks with the Emir, the idea was raised for Qatar to invest in Adria Airways”, Mr. Cantarutti says. Citing Etihad Airways’ 49% stake in Air Serbia, the State Secretary notes, “I don’t see why Qatar Airways would not do the same. We want Qatar Airways to invest in Adria in line with European Union legislation. As a result, there are some limitations to ownership”.
Qatar Airways recently confirmed it was mulling a 20% stake in Alisarda Holding, which owns Italian airlines Meridiana, Meridiana fly and Air Italy. The investment would allow Qatar to better position itself against its regional rival Etihad which recently acquired a 49% stake in Alitalia. Mr. Cantarutti believes Qatar will give “serious consideration” to Slovenia’s proposal to invest in Adria. “Mergers and partnerships are necessary in the airline business”, Mr. Cantarutti says. Last week the Slovenian government agreed to sell up to 91.6% in Adria. Under European Union regulations, only a company from inside the block is able to buy a majority share in another EU-based business.
Slovenia’s former President, Danilo Turk, initially proposed for Qatar Airways to invest in Adria back in 2009. A year later the CEO of the Qatari carrier, Akbar Al Baker, ruled out a possible acquisition following talks with Adria’s management, noting that Qatar will instead focus on organic growth. However, last year, Mr. Baker said the airline is again pursuing acquisitions in foreign airlines. “When we see that there are strong synergies between the two carriers we are open to investment”, the CEO said. He added, “We want to make sure that we don’t create a burden on us. We want airlines that we acquire to be complimentary to us, we don’t want to get involved in fixing other people’s problems”. Adria Airways’ CEO, Mark Anžur, recently said it would be best to offer the carrier to small airlines or financial investors, as big European players have "problems of their own". Mr. Anžur added, “One problem is that a company from outside of the Union can only take a 49% stake. Our choices are limited, so in my opinion we can realistically expect interest from Europe”.
Middle Eastern airlines have shown interest in EX-YU carriers on several occasions. In 2008 Royal Jordanian Airlines placed a bid to purchase a 49% stake in B&H Airlines while Etihad successfully acquired Jat Airways and transformed it into Air Serbia. Furthermore, the Emirati national carrier sought tender documentation for the purchase of a minority stake in Montenegro Airlines in 2012 but never placed a final offer.
Comments
You full well know where Croatian Airlines strategy lies!
Privatization if it happens this year, and i doubt it will, but if it does happen it'll be an airline from South East Asia, China, Japan or South Korea for obvious reasons.
They could do that to anyone, but those two.
1. Qatar being unwilling to play with investments in other carriers - it is not their business model. And if they decide to try something like that they may have some bigger fish on their radar.
2. Lufty being unwilling to allow MEB3 buyouts in their own backyard. Adria is a Star Alliance member and if anyone would be likely to step in and invest in them it would be a fellow Star Alliance carrier.
Anything goes of course. At the end of the day, nothing is certain or uncertain in this particular business.
A pokrenuo je i novu Aviokompaniju Al Maha Airways koja treba da krene sa letovima za 6-18 meseci. Zato neverujem da ce biti bilo sta od kupovine ADR
INN-NS
https://m.facebook.com/BKPRspotters?refsrc=https%3A%2F%2Fwww.facebook.com%2FBKPRspotters&_rdr
http://www.jutarnji.hr/novi-pleso-mogao-bi-biti-gotov-i-prije-roka-nakon-terminala--pocinje-gradnja-hotela--skladista-i-zeljeznice/1276787/
http://www.jutarnji.hr/novi-pleso-mogao-bi-biti-gotov-i-prije-roka-nakon-terminala--pocinje-gradnja-hotela--skladista-i-zeljeznice/1276787/
First flyby shots of future Zagreb terminal, building dimensions are around 355m from one end to other, main body is 155mx 145m, 2 passenger boarding bridges (only columns) are freestanding and 6 others are being worked on, platform is very narrow might be expanded (projected called for 750x250m apron) but from what I can see it's about 570-580mx100-120m so a lot shorter and narrower than originally planned, that doesn't mean in future it won't be enlarged to original planned size, just that from this early shots I can only assume it is 570x120m, it is quite likely 2 additional passenger boarding bridges will be added on top of 8 planned, as there's large clearing for future expansion.
Main construction works are 50% done by now, or there about. just to recap new 67500sqm terminal is to be completed by the end of 2016 with planned capacity for 5.5 million pax per year and 8 million under phase 2A and 10-12 million under phase 2B, phase 2A will see 4 additional passenger boarding bridges being added to right shoulder/arm and additional 4 4+4 passenger boarding bridges will be added to left shoulder/arm as part of phase 2B.
Total projected capacity of Zagreb airport once all work on current terminal is completed should be in the region of 15 million, there are no plans to knock down terminal 1, instead terminal 1 will become a low cost terminal with major works being done to it after terminal 2 is completed. Work carried on terminal 1 will include 5500 additional space, and increasing capacity from present 2.5 million to 3.0 million, with extensive internal re-arrangements terminal 1 will receive new look and increased capacity.
Longer term city might knock this terminal down and build a new larger terminal but still aimed at low cost and domestic operators.
As part of the project 57m tall Air Traffic control tower is yet to be built, $8 million tower hasn't been designed yet and architectural competition is yet to be held.
FRA ce da pravi novi 3 3 Terminal radovi pocinju na leto
INN-NS
FRA ce da pravi novi 3 Terminal radovi pocinju na leto :)
INN-NS
Novi terminal u Zagrebu ce izgledati fenomenalno!
Nadam se da planiraju nesto i za BEG, i on ce ove godine verovatno prevazici kapacitete.
CTN mora da se bori sa svojim prijateljima iz Star Alliance i pogotovo sad sa KL pa je tu manji problem ASL.
CTN nije nista uradio iz DBV i SPU gde ce ih ovo leto rasturiti LCC i TUI Grupa i naravno Star Alliance gde nece imati sanse ni malo da se odbrane.
I izgleda bicu upravu kao i za letove SkyGreece Airlines tako da nema nista od toga.
INN-NS
I don't know why would anyone buy JP or OU. These two companies have no future whatsoever. Why would anyone buy them? What good are they for?
Sh
MM