World Being Bought or Acquired?
 

So there's a lot of buzz around the glass palace that World will either be buying Omni, or end up being purchased by ATA. Has anyone else heard any rumblings about this at all?

I have friends at World and Omni and they have not heard anything about this. This will be interesting!

There has been plenty of action on the 4th floor of World Airways headquarters. An investment group purchased about 5% of the outstanding stock. They have been very vocal and public abut their displeasure the the management of World Holdings. They have been calling for the sale of World Airways, both in filings to the SEC and in trade mags like Air Cargo World.

At the same time, our intrepid group of leaders have hired a consulting firm to look into either buying an airline, merging with another carrier or selling out either an airline or venture capital firm. It seems that the dream of buying North American and playing off the various labor groups has failed. At least World is back to renting two headquarter buildings :rolleyes:

Depending on the day of the week its UPS, FedEx, ATA, Omni or Gemini. I'm sure that this is not a complete listing. It seems that the ATA rummors are hot right now, but soon we shall start a new week.

Has anyone noticed how strikingly similar World's new MD11 paint job is to the UPS MD11's?

I've heard that about FedEx and Polar's 747's paint schemes looking similar.......................stay tuned, story developing....

All white? The thing is that we already own the planes that we would be getting with a world purchase. I'm not sure that we would be interested in their contract business, and beyond that, what do they have we would be interested in?

Not anymore!!!

http://www.airliners.net/open.file?i...ext_id=1160429

I heard we are getting a few more MD11's that we may already own, but are leased to another airline that may be reorganized/merged/sold in the near future. Just a rumor.

UPS owns the leases on three Delta birds that World is currently flying. N801DE, N803DE, and N804DE were all sold to Brown when Delta made their way into Chapter 11. They will start leaving the World fleet next year for freighter conversion, and then will begin their new lives at UPS.

Buying another airline just doesn't seem to be our style. Pieces of one, yes. On the othe rhand, we are so short that I can see it happening

I didn't say we were buying the airline. I agree they have nothing we need/want other than MD11's, and apparently we already own some of them. My point is that some of those MD11's might very well be getting a fresh coat of brown paint on their tails in the near future.