Chapter 589 Joint Venture?

Yang Cheng's two paths were blocked by him again. The external channels for obtaining funds were downgraded by credit rating agencies. No bank dared to lend money to Hanjin Shipping. Of course, they could use their own banks to provide blood transfusions. But in this way, it is equivalent to transferring the debt pressure of Hanjin Shipping to the bank. Once a financial crisis occurs, the extremely fragile bank will soon collapse;

And squeeze your own employees? The general strike did not end so well.

It can be said that Han Jin's only solution is not advisable, and Yang Cheng also knew this before taking the initiative to bring it up, just to break the other party's thoughts.

But Zhao Lianghao gave in so easily, "That's my own business, I'm afraid it's not up to Mr. Yang, an outsider, to worry about it."

Yang Cheng shrugged, "That's true, but I am warm-hearted and willing to help others. When I learned that your company is in trouble, I took the initiative to provide help. I thought Chairman Zhao should at least listen to my advice!"

Zhao Lianghao vaguely caught something. Yang Cheng mentioned the airline and Hanjin Shipping one after another. It must not have been unintentional. There must be some kind of connection between the two.

Could it be?

In the next second, Yang Cheng's words confirmed his guess, "Don't Chairman Zhao feel that the unprecedented growth trend of the civil aviation market between Asia and North America must force airline companies to reassess their core strategies? We want to Re-examine who is your competitor and who can become a partner, among which Delta Air Lines and Korean Air are the most likely to reach a route joint venture, so as to create the second largest route joint venture in the trans-Pacific market.”

Zhao Lianghao's breathing was stagnant, so he quickly loosened his tie to keep his breathing unobstructed. If Yang Cheng's proposal can be implemented, there is no doubt that it will have a beneficial impact on Korean Air, but is Yang Cheng really so kind?

I can't control that much anymore, Yang Cheng's proposal is very tempting. Zhao Lianghao admitted that he was moved, and tried his best to suppress his excitement and said, "If Delta Air Lines and Korean Air successfully join hands, it will become the airline of United Airlines and All Nippon Airways. The most powerful competitor of the joint venture.

wrong! The airline joint venture between American Airlines and RB Airlines is relatively small and needs to be expanded, and the network that Korean Air can bring to Delta Air Lines in Asia is better than All Nippon Airways or RB Airlines for their respective joint venture partners United Airlines and the United States. The scale of the network brought by aviation must be large.

After you and I have reached a joint venture, once we can conduct joint sales, we may open more destinations and flights. "

Yang Cheng spread his hands, "That's right. Even though the number of passengers on the origin-destination route between RB and the United States is much greater than that on similar routes between South Korea and the United States, South Korea has shown strong growth.

Korean Air’s hub at Renchuan Airport has a solid foundation. Under the same conditions, the cost is relatively low, there are multiple transit terminals in the same hub, and the infrastructure is also planned to facilitate future growth needs. Korean Air's closest competitor, Asiana Airlines, is also relatively small.

I made an analysis before coming here. Based on the business volume of the past year, once our joint venture is established, it will occupy at least 14-15% of the available seats in the trans-Pacific market, which is slightly lower than that of ANA and United Airlines. The share of the joint venture, which has a capacity share of 16% in this market, and the share of the American Airlines and Japan Airlines joint venture is even smaller, less than 10%. "

After finishing speaking, he took out a stack of A4 papers from the briefcase he was carrying and handed them to Zhao Lianghao. There were some data charts on them. I don't understand, the company has already closed down!

These color charts clearly confirmed the authenticity of what Yang Cheng said.

Yang Cheng pointed to one of the pie charts and added, "Of course, we can't forget the mainland market of country Z. American airlines also have flights to country Z, so they may have a larger market share in the trans-Pacific market.

Country Z did not allow or refuse American Airlines and United Airlines to include flights to and from the mainland of Country Z in the route joint venture with RB partners,

Therefore, these flights are not included in the joint venture between the two parties.

But Xiangjiang is an exception, because the flight to Xiangjiang is counted in the route joint venture between the two parties. The joint venture between All Nippon Airways and United Airlines accounts for 16% of the capacity share in the trans-Pacific market, and United Airlines is in this market. Accounted for a 20% share, because in addition to being able to include All Nippon Airways' flights in this market, it also includes all of its own flights to Asia (including the mainland of country Z).

All Nippon Airways cannot count United Airlines' flights to country Z. United has 20% of the transpacific market (including capacity to country Z), while Delta has 17% and American has 13%. "

Zhao Lianghao held a few charts, and the more he looked at them, the more excited he became. Although Korean Air is a founding member of the SkyTeam alliance, to be honest, Korean Air has always been outside the mainstream companies due to factors such as national and regional disadvantages. To put it bluntly, if there is any good thing, I will not take Korean Air to play.

Delta Air Lines, represented by Yang Cheng, was also the first international aviation giant to come to their door. Apart from other factors, Zhao Lianghao is a million willing to join forces with Delta Air Lines!

But he always felt that Yang Cheng's real purpose was not here. As Yang Cheng said, he was already the largest shareholder of Delta Air Lines, so there was no need to personally communicate about this matter.

Sighing, "Mr. Yang, I can't find a reason to reject your proposal. This is a good thing for Korean Air, but you must have further requirements, right?"

Yang Cheng smiled happily. That's why he likes to talk to smart people. He doesn't need to waste his time. To be honest, if it wasn't for his reputation, it would not be difficult for him to initiate a forced acquisition of Korean Air directly from the secondary market.

Today, the total market value of Korean Air is less than 3,000 billion won. Sounds bluffing, right? In fact, it was only more than 2 billion US dollars. Allen made a few rounds in the stock market, and the acquisition funds were earned back.

Of course, this is a bit exaggerated, but it cannot be denied that Korean Air is really not that expensive!

The reputation of hostile takeovers is not so good. Because Soros sniped the British pound, he dared not reveal his itinerary every time he returned to the UK, for fear of being thrown rotten eggs.

Although the hostile acquisition of a small company with a market value of more than 2 billion US dollars is not the same as the matter of sniping a country's currency, there is not much difference in essence, especially in terms of the national pride of Bangzi BT. Shorting one of the country's pillar industries, among other things, his industry in South Korea may be drowned in saliva, and the loss is comparable to that of Korean Air.

Therefore, he tried his best to convince Zhao Lianghao with reason and emotion as much as possible, and let him take the initiative to admit defeat and hand over the controlling stake in Korean Air. Anyway, the money is indispensable to him!

"Delta Airlines aims to become the world's largest airline. Of course, this goal is a bit far away. It has to be achieved step by step. The small goal in front of it is to occupy the vast Pacific market. This is inseparable from the help of partners, such as the Shanghai Stock Exchange. China Eastern Airlines, or Korean Air!" Yang Cheng stood up, went to the window and looked down at the entire airport hole, with a big wave of his hand, Pacific Ocean surrendered under his feet.

Well, if he didn't pretend to be 13, he was flatly rejected by Zhao Lianghao before his bastard air came out, "Impossible, even if I agree, ZF won't agree!"

Yang Cheng waved his hand, "Don't worry, there is nothing in this world that cannot be publicized, especially in South Korea, you local chaebols, aren't you pushing forward one project after another that seems impossible, and the ZF will not agree, Have you accumulated the astounding wealth that you have today?"

Zhao Lianghao has no way to refute it. This is a fact. The disadvantages of the chaebol economy are like this. The chaebols who control the national livelihood and industries will do everything possible to make the ZF act according to their orders. The unspoken rules have disappeared, but the fact is that the plutocrats hide all their transactions in the 18th hell, and it is impossible for ordinary people to hear it, let alone see it with their own eyes.

As long as there are people, as long as there are classes, and as long as countless interests are born, there will never be less insider trading.

It's just a controlling stake in an airline, and it's not like blowing up the airline and relocating the whole company. How big of a deal?

The underground black market even sells dirty bombs! Does this sound possible? Incredible, right? But no one can deny that the corruption of the former Soviet Union caused the loss of a large number of core Jimmy, including dirty bombs.

With Yang Cheng in his pocket and a smile on his lips, he pretended to analyze the pros and cons of the matter rationally, "President Zhao, you have to look at some things dialectically. Hanjin Shipping is facing an unprecedented crisis! Compared with Korean Air, Hanjin Shipping Its status in the world is higher, and it is related to the country's heavy industry production. It has a great relationship and cannot be missed!

And Korean Air is just a service-oriented company, at most it can make some money, it doesn't matter if it is not under the control of ZF, and I will not compete with you for the right to operate, as long as I win the controlling position, that is You can start a joint venture with Delta Air Lines, and the market value will increase dramatically, and you will earn a lot of money! "

Zhao Lianghao shook his head expressionlessly, "Mr. Yang, now that I've said this, I'm going to open the skylight and speak bluntly. The reason why Korean chaebols are called chaebols is because we control a certain important area of ​​the country.

Clothing, food, housing and transportation are the four things that people cannot do without. Korean Air is the must-choice way for Koreans to travel. It is precisely because of this that Hanjin Group can rank among the top ten chaebols. If I hand over Korean Air, it will not only be The sinners of the Zhao family even weakened their deterrent power with their own hands, so, Mr. Yang, don't mention this matter again, I can't agree! "

The genius remembers the address of this site in one second:. Mobile version reading website: