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SteelChair wrote:Indirectly, aren't the airports and airlines essentially owned by the same entities in the ME3?
stl07 wrote:SteelChair wrote:Indirectly, aren't the airports and airlines essentially owned by the same entities in the ME3?
Indirectly, aren't almost every larger legacy airline and airport essentially owned by the same entity since they get bailed out by the government each time they get in trouble
SteelChair wrote:stl07 wrote:SteelChair wrote:Indirectly, aren't the airports and airlines essentially owned by the same entities in the ME3?
Indirectly, aren't almost every larger legacy airline and airport essentially owned by the same entity since they get bailed out by the government each time they get in trouble
UAL, AA, and DAL have been bailed out once in 80 years, and that several years after being in an industry under direct attack by terrorists. Southwest and JetBlue have never been bailed out.
So, no.
SteelChair wrote:stl07 wrote:SteelChair wrote:Indirectly, aren't the airports and airlines essentially owned by the same entities in the ME3?
Indirectly, aren't almost every larger legacy airline and airport essentially owned by the same entity since they get bailed out by the government each time they get in trouble
UAL, AA, and DAL have been bailed out once in 80 years, and that several years after being in an industry under direct attack by terrorists. Southwest and JetBlue have never been bailed out.
So, no.
727LOVER wrote:SteelChair wrote:stl07 wrote:Indirectly, aren't almost every larger legacy airline and airport essentially owned by the same entity since they get bailed out by the government each time they get in trouble
UAL, AA, and DAL have been bailed out once in 80 years, and that several years after being in an industry under direct attack by terrorists. Southwest and JetBlue have never been bailed out.
So, no.
Ummm....when were AA, UA & DL bailed out by the US government????
stl07 wrote:SteelChair wrote:stl07 wrote:Indirectly, aren't almost every larger legacy airline and airport essentially owned by the same entity since they get bailed out by the government each time they get in trouble
UAL, AA, and DAL have been bailed out once in 80 years, and that several years after being in an industry under direct attack by terrorists. Southwest and JetBlue have never been bailed out.
So, no.
The world does't revolve around the US. I was more referencing other airlines but you proved my point for bringing up only all the legacies in America.
B6 isn't large and WN is not legacy
I was just having a little fun by extending your generalization about the ME3
SteelChair wrote:727LOVER wrote:SteelChair wrote:
UAL, AA, and DAL have been bailed out once in 80 years, and that several years after being in an industry under direct attack by terrorists. Southwest and JetBlue have never been bailed out.
So, no.
Ummm....when were AA, UA & DL bailed out by the US government????
When people make that general statement, they are generally referring to US bankruptcy laws. Mho
Airlines0613 wrote:SteelChair wrote:727LOVER wrote:
Ummm....when were AA, UA & DL bailed out by the US government????
When people make that general statement, they are generally referring to US bankruptcy laws. Mho
Chapter 11 bankruptcy protects an entity and allows for reorganization with a bank lien/security interest. No government bailout there...
Someone83 wrote:Lufthansa owns 40% of Terminal 2 in MUC
SteelChair wrote:Airlines0613 wrote:SteelChair wrote:
When people make that general statement, they are generally referring to US bankruptcy laws. Mho
Chapter 11 bankruptcy protects an entity and allows for reorganization with a bank lien/security interest. No government bailout there...
True, but that doesn't stop many aroud the world from labeling it as a bailout. I've seen it many times
SteelChair wrote:Airlines0613 wrote:SteelChair wrote:
When people make that general statement, they are generally referring to US bankruptcy laws. Mho
Chapter 11 bankruptcy protects an entity and allows for reorganization with a bank lien/security interest. No government bailout there...
True, but that doesn't stop many aroud the world from labeling it as a bailout. I've seen it many times
727LOVER wrote:SteelChair wrote:Airlines0613 wrote:
Chapter 11 bankruptcy protects an entity and allows for reorganization with a bank lien/security interest. No government bailout there...
True, but that doesn't stop many aroud the world from labeling it as a bailout. I've seen it many times
Fine........but don't expect people to not correct you out on it here @ a.net. Far different than when the govt bailed out Chysler in the early 1980s or the recent bailouts of the car companies and the banks. Hell, even after 9/11, I only recall America West & US Airways getting a bailout. United DID apply, but was rejected. So there's no confusion, I am not talking about the grant money that was available to ALL airlines to make up for the aviation system being down for 3 days.
FlyingColours wrote:Sutton Harbour Holdings who owned Plymouth Airport in the UK also owned Air South West [...]
USAirKid wrote:AFAIK, Alaska airlines owns a terminal or two (if not a whole airport) in Alaska. I just spent a little bit of time, but I wasn't able to find a source for this.
davidjohnson6 wrote:Airport and airline having common majority (ie 50% or more ) ownership, particularly at small airports, rarely ends well. Competitor airlines tend to be wary of engagement with an airport if they expect a rival to receive preferential treatment. The interests of an airline are different and management typically make bad decisions in trying to manage this conflict of interests
FlyingColours wrote:Sutton Harbour Holdings who owned Plymouth Airport in the UK also owned Air South West - not to be confused with Southwest Airlines They launched the airline to coincide with British Airways axing their flights from the airport and actually did quite well, until BA came back along with several others competing out of Newquay Airport and really hitting the airlines finances.
It's a bit of a shameless plug but Air South West are featured in an upcoming episode of "Grounded" my series on Youtube which looks at airlines which are no longer around.
I recall Coventry Airport was owned by TUI from 2004 until 2010, they had a lot of problems though this was mainly with the local councils and environmental hippy types trying to prevent a new terminal being built. Eventually TUI got fed up and citing a change in direction following the First Choice merger they pulled the plug and gave up... I am almost certain that Ryanair was causing trouble too, even though they didn't serve the airport at the time...
Phil
FlyingColours
stl07 wrote:SteelChair wrote:Indirectly, aren't the airports and airlines essentially owned by the same entities in the ME3?
Indirectly, aren't almost every larger legacy airline and airport essentially owned by the same entity since they get bailed out by the government each time they get in trouble
strfyr51 wrote:stl07 wrote:SteelChair wrote:Indirectly, aren't the airports and airlines essentially owned by the same entities in the ME3?
Indirectly, aren't almost every larger legacy airline and airport essentially owned by the same entity since they get bailed out by the government each time they get in trouble
What are you talking about? Name one US Airline that OWNS a terminal or airport?. Give your Bias a break will you? Prove it!!
JBo wrote:Airborne Express/DHL owned ILN outright. They turned it over to the Clinton County Port Authority in 2010 when DHL withdrew its US operations, and the airport was renamed from "Airborne Airpark" to "Wilmington Air Park."
Probably the only instance of an airline/air operator owning an entire airport in the U.S., even though it's a freight operator and not a passenger carrier.
Aisak wrote:London Southend is owned by Stobart. Stobart previously owned 100% StobartAir (main business flying as AerLingus Regional).
Now Stobart owns 30% of Connect Airways, owner of 100% of both StobartAir and FlyBE
rj1385 wrote:I believe that jetBlue, British Airways and American all own their respective terminals at JFK and rent the ground under them from the Port Authority. Terminal 1 also is owned by 4 airlines as a group.