{"id":3704,"date":"2005-12-09T00:00:00","date_gmt":"2005-12-09T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-funds-fuel-ma-ceo","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2005\/hedge-funds-fuel-ma-ceo.html","title":{"rendered":"Summit-Airline M&#038;A to be fed by hedge funds"},"content":{"rendered":"<p>Reuters &#8211; Hedge funds and private equity firms will play a key role in consolidating the airline industry, US Airways (LCC.N: <a href=\"http:\/\/today.reuters.com\/stocks\/overview.aspx?symbol=LCC.N\">Quote<\/a>, <a href=\"http:\/\/today.reuters.com\/stocks\/CompanyProfile.aspx?symbol=LCC.N\">Profile<\/a>, <a href=\"http:\/\/today.reuters.com\/stocks\/ResearchReports.aspx?symbol=LCC.N\">Research<\/a>) Chief Executive Doug Parker said on Thursday.<\/p>\n<p>  US Airways is merging with America West Airlines (AWAIL.PK: <a href=\"http:\/\/today.reuters.com\/stocks\/overview.aspx?symbol=AWAIL.PK\">Quote<\/a>, <a href=  \"http:\/\/today.reuters.com\/stocks\/CompanyProfile.aspx?symbol=AWAIL.PK\">Profile<\/a>, <a href=\"http:\/\/today.reuters.com\/stocks\/ResearchReports.aspx?symbol=AWAIL.PK\">Research<\/a>) a move closely  watched by industry executives who are aware that joining forces with rival carriers may be the best way to rescue their ailing businesses.<\/p>\n<p>  Parker, speaking at the Reuters Aerospace and Defense Summit in Washington, said private capital will be an important component of what is expected to be a future wave of airline mergers.<\/p>\n<p>  &#8220;There will be the need to have new money to flow in. It&#8217;s appealing to that type of investor,&#8221; Parker said, referring to hedge funds. &#8220;The business is so leveraged, that they are willing to take  on a high risk, to get a high rate of return.&#8221;<\/p>\n<p><a href=\"http:\/\/c.moreover.com\/click\/here.pl?b435083559&amp;r=MSNnews\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Hedge funds and private equity firms will play a key role in consolidating the airline industry, US Airways (LCC.N: Quote, Profile, Research) Chief Executive Doug Parker said on Thursday. US Airways is merging with America West Airlines (AWAIL.PK: [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3704","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=3704"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3704\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}