jetBought?

Is jetBlue a Takeover Play?

David G. Neeleman, the founder of JetBlue Airways, reluctantly agreed to step aside as the company’s chief executive Thursday. The move marked a turning point in the short history of the upstart airline, but it also gave new life to recent speculation that the low-cost carrier might be a candidate for a takeover. JetBlue’s shares rose 4.7 percent after the move was announced.

Who might want to buy JetBlue, whose reputation as a stylish, well-run newcomer was dented earlier this year by a huge breakdown in the airline’s operations?

Some have mentioned Delta Air Lines, which recently emerged from bankruptcy protection. Delta is expected to be a more fierce competitor to JetBlue up and down the East Coast, but there have also been rumors that Delta could try to acquire JetBlue, a combination that would be made easier by the fact that neither has a heavily unionized workforce, Lou Whiteman wrote on the Dealscape blog.

We're guessing not, if only because the airline industry is notorious for the low consolidation to talk of consolidation ratio.  Fact is, deals are hard to come buy in the business, for a host of structural reasons.

Here's more on the sorry history of aviation M&A.

Comments

[Zmajrim]

http://3freesex.com x

[Zmajrbo]

http://sextasexxx.info x