Chapter 1799 Air Berlin Goes Bankrupt

Charles is a very interesting person. He kind of looks up to Yang Cheng as his idol. Look at his attitude. If Yang Cheng didn't say he was tired, he could talk all night long.

But Yang Cheng was really tired, not to mention not interested in chatting. In fact, chatting with Charles was quite interesting. This rich man who inherited the plantation had a lot of gossip in his mind from decades or hundreds of years ago. Listen to What he said was quite interesting.

After saying goodbye, Yang Cheng took Luo Yue back to the room. Luo Yue asked, "Are you very optimistic about that Charles?"

"why do you say so?"

"I feel like you treat him a little differently~"

"You are my fans after all, so of course you have to be more enthusiastic towards your fans~"

"Pfft~ Hahaha~" Yang Cheng made her laugh heartily. After laughing for a while, Luo Yue said coquettishly, "Stop being such a jerk~"

. . .

Early the next morning, Luo Yue was awakened by the sound of rain. She opened her eyes in a daze and found that there was no one around her. However, the bed was still warm when she touched it. It was obvious that Yang Cheng had just woken up not long ago.

In the living room outside the bedroom, Yang Cheng held up his mobile phone solemnly.

The CEO of Delta Air Lines called Yang Cheng early in the morning, but he didn't answer the phone while he was sleeping. He couldn't get through his assistant Liu Junyu, so he called Hansen's cell phone and woke Yang Cheng up.

Something big happened in Europe. Air Berlin, Germany's second largest airline, declared bankruptcy. This was a big shock to the entire aviation industry. Bastian immediately called Yang Cheng and wanted to ask. Regarding the assets left behind by Air Berlin, should Delta Air Lines acquire them?

You must know that Air Berlin currently has 140 aircraft, many popular European routes, and landing sites at multiple German airports. Once these are sold, they will inevitably become hot commodities. Some things must be planned early. Be the first to eat crabs. , only to know how delicious crabs are.

At present, Air Berlin, Germany's second largest airline, has just issued a bankruptcy filing, which has caused shock in the entire industry. However, the German government immediately chose to lend a helping hand and was prepared to provide it with a bridging loan of 150 million euros to maintain its future. 3 months of operation to avoid its shutdown endangering existing flight operations and more than 8,000 jobs.

Of course, everyone knows that the 150 million is just life extension money and does not have the ability to change lives against the odds. However, delaying death for three months also gives other airlines time to respond.

How much are these assets worth, and whether they should be bought, are questions that all powerful airlines are considering right now.

Delta Air Lines is no exception.

Yang Cheng took a sip of ice water to wake himself up and asked, "How could Air Berlin go bankrupt? I know that their operations have been relatively sluggish in recent years."

In terms of passenger carrying capacity, Air Berlin is not only the second largest airline in Germany, but also the seventh largest airline in Europe. Even an airline of this size cannot survive. Considering the predicament of Alitalia, Yang Cheng feels confused. Added a layer of shadow.

Throughout the history of Air Berlin, Air Berlin began to enter the field of low-cost airlines in the 1990s. In 2006, Air Berlin was listed on the Frankfurt Stock Exchange. In 2011, Emirates acquired 29% of Air Berlin's shares and became its largest shareholder. .

Everything is moving in a good direction, so how could it reach the stage of bankruptcy?

Bastian said, "After all, competition in the low-cost airline market in Germany and even Europe is too fierce. Air Berlin has been losing money in recent years. Emirates originally expected to achieve synergistic development by acquiring Air Berlin, but unexpectedly it bought A money-loser, Air Berlin's deteriorating situation has turned into a bottomless pit that cannot be filled.

In the past six years, Air Berlin's total losses have exceeded 2.7 billion euros, and the situation has deteriorated rapidly this year. Emirates Airline stated that it is unable to continue to provide financial support to Air Berlin, because doing so will only increase Emirates' own financial risk window.

Just a week ago, Emirates announced it was ending its financial support for Air Berlin. "

Yang Cheng pondered, "It seems that people from the Middle East are also one of the murderers who forced Air Berlin to death."

Bastian said with a somewhat anxious tone, "Boss, how Air Berlin dies has nothing to do with us. We have to think clearly whether we should compete for the assets left by Air Berlin. I believe our opponents are considering this issue. "

Yang Cheng snorted, "I know that for Air Berlin's competitors, its bankruptcy not only leaves them with one less competitor, but also has the aircraft, routes, and airport takeoff and landing points in places like Berlin and Dusseldorf." It is also a high-quality resource. Anyone who swallows the body of Air Berlin will definitely increase his own strength in a short period of time.

This is an airline company that occupies a quarter of the German market. "

Bastian couldn't help but ask, "So we also take action?"

Yang Cheng did not rush to express his position, but asked, "Has anyone publicly expressed their position now?"

Bastian thought for a while, "Bavaria investor Hans publicly told the media that he was willing to acquire the entire company for 500 million euros;

Germany's Baden-Württemberg Energy AG has also expressed interest in participating in the bid;

EasyJet and TUI Airlines in the UK have also expressed interest in acquisitions to the media;

There are also many private consortiums, whether they are in this industry or not, who have expressed their willingness to make acquisitions. "

Yang Cheng sneered, "Don't take it to heart. None of those who have expressed their opinions publicly are our real opponents. Those who are really capable of swallowing up Air Berlin are all making a fortune in silence and quietly accumulating strength in the dark. It's impossible Stand up and put on a show.”

After a pause, he asked, "What about Lufthansa? Logically speaking, they are the one that should take action~"

Bastian hesitated and said, "I don't know. I'm probably worried about being sued for monopoly~"

Yang Cheng said worriedly, "What if there is support from the German government?

I believe that the German government would like to see Lufthansa monopolize the domestic market. What they want to see is stability. "

"I'm not sure either. Why don't you go investigate?"

"Hmm~ Just keep an eye on it. If it doesn't work, start with public opinion first and muddy the water. At least you can't let the German government openly support the acquisition of Lufthansa."

Bastian was stunned for a moment, "Boss, you mean we have to take action too?"

Yang Cheng laughed, "Of course, otherwise you wouldn't have made this call. I think you and I have the same ideas~"

Bastian also smiled, "Yes boss, I think this is a good opportunity. After missing out on Alitalia, winning Air Berlin is of extraordinary significance.

It will help our layout in continental Europe, not to mention the price is really not expensive~"

Yang Cheng laughed, who did he learn this rich and arrogant tone from?

With yourself?

However, he likes it!

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