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Speculation about consolidation took a step closer to reality with US Airway s $8 billion proposal to take Delta Air Lines out of bankruptcy. Delta chief executive Jerry Grinstein quickly rebuffed the
air max 1 new unsolicited but not surprising cash-and-stock offer, as he had earlier in the summer after US Airways began privately approaching Delta about a potential merger that would create the largest US carrier. Grinstein claims Delta s official creditors committee supp
af1 orts his position that it would not be productive to engage in this type of exploratory discussion .But investors applaud the prospects of consolidation, bidding up shares in major US carriers. The US Airways proposal, which includes $4 billion in cash and 78.5 million US Airways shares, represents about a 25% premium to Delta s unsecured debt, says Calyon Securities analyst Ray Neidl. US Airways chief executive Doug Parker says the deal would have to be done quickly to achieve the $1.6 billion in annual savings it is estimated to produce. Over half these savings $935 million in network synergies and the rest in cost advantages could be lost if a merger is delayed until after Delta emerges from bankruptc
adidas originals ultraboost y.Parker says that his own experience in using America West Airlines as a platform to take US Airways out of bankruptcy proved a merger could best be done in the bankruptcy process. American Antitrust Institute president Bert Foer says bankruptcy protection gives the America West approach certain advantages, such a Odsj Bental develops light motor
Source: SSIFFPoster for the San Sebastian International Film Festival 2020As the Donostia-San Sebastian International Film Festival kicks offin Spain, the festival is ensuring its industry activities are available online to those international delegates who are not able to travel this year. It is very important to continue maintaining the industry activities. They have been a fundamental part of our festival for years now and also San Sebastian is a bridge between Latin America and Europe, which has to be preserved, explained festival directorJose Luis Rebordinos.The Industry Office, headed by Saioa Riba and Esperanza Luffiego, has a busy slate of online activities from Sept 18-26, as well as hosting the usual Industry Club meeting sp
yeezy website ace the Kursaal.The annual Europe-Latin America Co-Production Forum starts running online from Saturday Septemb
hydro flask website er 19 until Monday September 21.The Forum has selected 18 projects out of 235 submissions, including Argentine director Paula Markovitchs friendship drama Angeles, which is set up as a Mexico-Argentina-France co-production; Theo Montoyas debut feature Anhell69 from Colombia, Argentina and Romania; Hungarian filmmaker Gy枚rgy P谩lfis Hungary-Mexico collaboration Hen; and also from Argentina, Benjamin Naishtat is planning his Rojo follow-up, an urban thriller entitled Pobres Pibes.One industry event that will happen in person as well as online
hydro flask Sept 22-24 is the popular works in progress showcase. As Rebordinos explained, There is the pos
