Wizz Air (og Indigo Partner) - Brexit gir konsolideringsmulighed

EliotS
NAS 21.09.2019 kl 01:53 2436

Bliver der sendt røg-signaler fra konklavet omkring Norwegian’s videre skæbne for øjeblikket?

Mange har fanget rygtet om at IAG måsker er på vej med nyt opkøbsforsøg af Norwegian. Men The Blue Swan Daily har en artikel fra torsdag d. 19. sept med et interessant citat fra Wizz Air’s CEO, som også skal vurderes nærmere:

“Wizz Air CEO expects Brexit could give rise to further consolidation opportunities»

September 19, 2019

Wizz Air CEO Jozsef Varadi said Brexit could give rise to further consolidation opportunities, with Wizz Air UK to possibly become a consolidating platform in UK (Reuters/euronews.com, 17-Sep-2019). Mr Varadi added: “We would be interested in backfilling market gaps if airlines go down, or possibly take over some assets and use them in our platform”.”

https://blueswandaily.com/wizz-air-ceo-expects-brexit-could-give-rise-to-further-consolidation-opportunities/

Nu skal Wizz Air nok ikke ses i isolation men ses i sammenhæng med deres hovedejer Indigo Partners.

Indigo Partners, LLC is a private equity firm which has a controlling interest in the American Frontier Airlines and Chilean low-cost start-up JetSmart, as well as holding stakes in Mexican budget airline Volaris and European low-cost carrier Wizz Air, while a partnership with Enerjet is planned to launch a new Canadian ultra-low-cost carrier.[2] Indigo Partners was co-founded by Bill Franke and has set up a number of ultra-low-cost airlines around the world. It is headquartered in Phoenix, Arizona.

Flyanalytiker, Hans Jørgen Elnæs, fra Winair har tidligere spekuleret i denne mulighed.

https://e24.no/naeringsliv/i/m6my9E/bjoern-kise-fem-aktoerer-ville-inn-i-norwegian-etter-iag-budet

Det som gør dette citat særligt interessant er at det matcher hvad tidligere styreleder Bjørn Kise kredset omkring i hans interview med E24, som er omtalt i ovenstående link.

"I intervjuet viser styreleder Kise til «turbulenser i markedet i desember» og at «brexit var ikke avklart», som mulige årsaker til stadige utsettelser fra budgiveren".

Jeg syntes også at Wizz/Indigo Partner skal med på radaren nu!
Redigert 20.01.2021 kl 21:54 Du må logge inn for å svare
EliotS
21.09.2019 kl 02:10 2421

Her litt mere uddybning af historien

https://www.nytimes.com/reuters/2019/09/17/business/17reuters-wizz-air-brexit.html
Redigert 20.01.2021 kl 21:54 Du må logge inn for å svare
EliotS
21.09.2019 kl 02:14 2241

Her er en artikel som blevet skrevet da Brexit var forventet i marts 2019. Men jeg er ikke i tvivl om at det er samme problem blot med en forskydning af kalender-datoer.

Det grundliggende problem er at et luftfartsselskab der flyver indenfor EU/EAA luftrum skal have ejerskab af aktionærer som er i EU/EAA. IAG, EasyJet, Ryan Air og Wizz Air som står med denne udfordring fordi de er børsnoteret i London.

Ved et opkøb af Norwegian kan opkøber tilbyde aktier i sit eget selskab som betaling. Dette giver adgang til en stor gruppe af aktionærer indenfor for EAA området.

EU airlines to get 7 months to adjust ownership post-Brexit

11.02.2019 - 10:07 UTC

The European Union is willing to grant airlines seven months to adjust to the bloc's control and ownership rules after Brexit, The Financial Times has reported.

All airlines will have to adjust its shareholding structure by October 27, 2019, so that the majority of stock remains controlled by EU entities once all British investors cease to be counted as such. If an airline fails to do so, it will lose the status of a European carrier and all associated benefits, such as the access to the EU open sky.

The new regulatory framework is likely to affect both UK-based airlines, such as IAG International Airlines Group member British Airways and easyJet, as well as others, such as Ryanair. The LCC, despite being registered in Ireland, is also listed on the London Stock Exchange and has a significant number of UK-based shareholders.

According to the law currently drafted in Brussels, the airlines will also have to outline their plan to keep a EU Air Operator's Certificate (AOC) to the regulators within two weeks of the law being adopted.

"That plan shall set out, in a complete and precise manner, the measures intended to achieve full compliance with the [EU] ownership and control requirements as from the 27 October 2019 at the latest. Where the air carrier has not presented a plan within the [two-week] time limit, the competent licensing authority shall revoke the operating license," the draft seen by the FT says.

Most of the carriers, including easyJet, Ryanair, and Wizz Air, have already set up subsidiaries with either EU or UK AOCs to preserve traffic rights in both jurisdictions after Brexit. IAG, in turn, is trying to argue with the regulators that due to its registration in Spain it should retain its EU status.

The United Kingdom is due to leave the EU on March 29, 2019.

Redigert 20.01.2021 kl 21:54 Du må logge inn for å svare
Ypsilon 7
21.09.2019 kl 09:38 2210

Ting skjer.
Redigert 20.01.2021 kl 21:54 Du må logge inn for å svare
Ypsilon 7
21.09.2019 kl 14:09 2063

B
Redigert 20.01.2021 kl 21:54 Du må logge inn for å svare
Slettet bruker
21.09.2019 kl 15:33 1982

Begynner å bli mye som kan gå i riktig retning nå.

Redigert 20.01.2021 kl 21:54 Du må logge inn for å svare
EliotS
21.09.2019 kl 19:17 1838

Ypsilon 7 skrev B
Var det svar til mit A!
Redigert 20.01.2021 kl 21:54 Du må logge inn for å svare
Ypsilon 7
21.09.2019 kl 23:23 1690

B
Redigert 20.01.2021 kl 21:54 Du må logge inn for å svare
EliotS
22.09.2019 kl 23:43 1542

Hvornår er det nu at UK forlader EU?
Redigert 20.01.2021 kl 21:54 Du må logge inn for å svare
Ypsilon 7
23.09.2019 kl 12:22 1393

Det er vel ennå ikke sikkert hvorvidt det blir Brexit eller ikke. Det kan skje mye ennå før det blir endelig avgjort. Foreløpig er vel utgangen fastsatt til januar i 20, mener jeg å ha lest.
Redigert 20.01.2021 kl 21:54 Du må logge inn for å svare