AIR - airlines and acquisitions

AIR is the largest multinational airlines holding company which is based in Varsztat, Polandria and Pariscz, Polandria. The company was formed in 1946 when it acquired AirPol and PolanConnect when both airlines when private from government control. The two were merged into AirPol. Since then AIR has been actively investing in airline creation around Adonia to create a more easily accessible point to point transportation network. The company has set out to create a global connected base of airlines which allow passengers an ease in moving from point A to B with or without stop overs.The newest airline to join its ranks is AirPos and now AirNC. The company was formed after the former CEO Anthony Bulgari waited 19 hours for a stop over connecting flight. He knew there was a better and more cost effective approach to linking the Adonian nations through air travel. Since then AIR has constantly increased route availability while cutting cost with partnership airlines through code share agreements and buying power over fuel costs. AIR has also worked continually to improve air travel standards and ensure the minute you step on an AIR airline you feel like you are experiencing the finest in air travel. In 2011 AIR partnered with TrentinoAir in a 51%-49% investment scheme over AirPol and AirPos. The company continues to refer its belief in multinational corporation partnership in investment and operations.

October 19th 2011, AIR acquires the rights to a new legacy carrier in New Chandler and also acquires a 40% stake in New Chandler Airways from the New Chandler government.
October 19th 2011, The New Chandler legacy carrier will be branded AirNC. The airline will also create a cargo division AirNC Cargo.

The total fleet jumps to 492 aircraft in use and 286 on order with the addition of AirNC, AirNC Cargo and New Chandler Airways.

This latest round of acquisitions raises AIR's financial outlook to UP ++-. Stock price UP 2.15 from 19.82

Industry : Aviation
Founded : January 1946
Founder(s) : AirPol & PolanConnect
Headquarters : Varsztat, Polandria. Pariscz, Polandria. Athanos, Posillipo. New Chandler, New Chandler.
Main Nation Hubs : Polandrian, Posillipo & New Chandler
Area served : Worldwide
Key people : Ivan Stephrof (Chairman) & Anthony Jr. Bulgari (CEO)
Subsidiaries : AirPol, AirPos, AirNC, AirPol Cargo, AirPos Cargo, AirNC Cargo & PAA (Polandrian Airport Authority)
Owned interest : LOT Polandrian Airlines 100%(Rebranded as AirPos and fleet was integrated), New Chandler Airways 40%
Fleet : 492 in use, 286 on order (with investment ownerships)
Revenue : E14.80 billion (2010) UP E 15.9 billion
Operating income : E 225 million (2010) UP E 292 million
Profit : E 300 million (2010) UP 367 Million
Total assets : E 38.62 billion (end 2010) UP E 50.43 billion
Total equity : E 14.670 billion (end 2010) UP E 16.899 billion
Employees : 156,240 (average, 2010) UP 234,591
Shares : 69% owned, 31% market

AIR controls approximately 58% of gates and landing slots in Polandrian and 65% now 54% in Posillipo. Air has continued to state its interest in expanding its gate and landing slot presence in Polandria with other carriers. If a purchase is successful AIR will control 71 % of gates and landing slots in Polandria giving the company a 20% increase in earning potential. No details though have been concretely given nor has there been formal statements form the airline.
AIR also actively seems continued partnership with other airlines and firms. Any offers or interest should be dealt with through PM.

AIR airlines and acquisitions

October 19th 2011

AIR has recently acquired a 40% stake in New Chandler Airways.
This come a long without the announcement of a new Legacy carrier being started up in New Chandler called AirNC.
More information to come on AirNC in the coming days.

President Acquisitions
Heleman Bulgari

AIR airlines and acquisitions

November 7th 2011

AIR today announced has bought Belgovian Aerotransport. The airlines will be rebranded under AirPol and be completely transition into AirPol. The fleet consists of 122 planes. More will follow this announcement.

President Acquisitions
Heleman Bulgari

AIR airlines and acquisitions

December 30th 2011,

AIR will be looking at its main subsidies AIRPOS and AIRNC as the recent financial woes of the aviation industry has hit every airline. As decisions are made, the airline will make them public.

President CEO
Anthony Jr. Bulgari

AIR airlines and acquisitions

December 30th 2011,

AIR will be closing own AIRNC Cargo and transferring all air craft and operations to AIRPOL. AIR has also decided to do the same with AIRPOS Cargo.

As for passenger service. AIRPOS will be rearranged as a long haul carrier only and there will be a fleet shakeup. This will be shown on the AIRPOS listing when it happens.

The Same will go for AIRNC.

This is necessary to ensure continued profit and lowered operation costs for AIR and its subsidies.

President CEO
Anthony Jr. Bulgari