Chapter 1608： Skyrocketing wealth

The wealth of Yuanshan Capital has soared rapidly in the past two years, but due to Yang Sen's toughness and the intervention of several powerful partners, no one has ever known how much Yuanshan Capital actually has.

But at least for now, people can use Delta’s stock price growth to roughly estimate a lower limit-50 billion U.S. dollars. Yuanshan Capital holds at least a huge fortune of 50 billion U.S. dollars. Everyone knows the meaning of the word "least". As for the upper limit, only Yang Sen and a few shareholders know.

Naturally, Yang Sen's net worth is also guaranteed with the new round of asset appreciation of Yuanshan Capital. According to the real-time rich list of unsatisfied, Yang Sen ranks among the top 50 in the world with a personal wealth of US$16.9 billion, ranking Jobs’ widow Laurenna Previously, it ranked 44th in the world.

Only two years ago, Yang Sen had not been able to squeeze into the top 100 in the world. Although he was only short of 100 million US dollars, it seemed to be a gap.

But now, this gap has disappeared.

The direct benefit brought about by this is that the hungry wolves who watched Yuanshan Capital gradually disappeared, because the growth of Yang Sen’s assets also means that shareholders who hold shares of Yuanshan Capital have gained more benefits. , In that case, why have to split out to let more people eat cake? Isn’t it good to eat one more piece?

People are greedy, especially for those profit-seeking capitalists. In the face of huge benefits, they will never think about sharing when they can eat alone. Only when they find that eating alone is unstable, they will fake it. Share as an excuse to spend money to buy peace.

This spirit is vividly demonstrated in the shareholders of Yuanshan Capital.

Having said that, since Yuanshan Capital became the major shareholder of Delta Air Lines, whether it was a deep strategic cooperation with China Donghang Airlines, the acquisition of Korean Air, or the acquisition of Norwegian Air, the establishment of an aircraft leasing company, this series All of Delta’s operations have brought the most intuitive benefit to all shareholders of Delta Air Lines, that is, the stock price has risen repeatedly.

Everyone has made money with the Yang family, so the Yang family’s position in Delta Air Lines will be stronger. Yang Orange, as the director of Delta Air Lines, is undoubtedly the one who has contributed the most, because every operation is It was done under his command, and recently there was even a voice inside, letting Yang Cheng be the chairman and CEO of the board of directors and leading Delta to a higher level.

It's just that when this voice appeared, he was shot dead on the beach. What a joke, Yang Cheng himself still has too much work at this stall. If you take Delta Air Lines on him, then he will not be exhausted?

Of course, as long as there is an opportunity to make Delta Air Lines better, he doesn't mind doing it, and both the board of directors and the management are convinced of Yang Cheng's ideas, and his words are imperial!

Speaking of back to the Atlantic route, in this battleground where every inch of land is contending, Yang Cheng's operations have given Delta Air Lines the first opportunity, or it has already seized the commanding heights.

According to the plan, Norwegian Air will put about 3.1 million seats in 2017. Coupled with the previous steady expansion, Norwegian Airways ranks No. 1 among airlines operating transatlantic routes in less than 5 years after entering the transatlantic route market. Nine, with its cost advantage and rapid expansion model to occupy a place in the market.

If it is allowed to develop freely, it will sooner or later pose a huge threat to the itineraries of Delta, British Airways and United Airlines, the main carriers on the route, but it is not a problem now. Norwegian Airways is already a wholly-owned subsidiary of Delta Air Lines. As the vanguard of aviation, to squeeze the share of other competitors, it is nothing for Delta Air Lines.

Of course, this is not a reason to relax temporarily. The chasing soldiers behind are very tight, and they will be overtaken if they relax a little. For example, the 15th ranked Icelandair and the 19th WOW Air are connected based on Reykjavik. In North America and Europe, passenger traffic will continue to grow in the next few years.

From the perspective of routes, two of the top ten routes currently have low-cost airlines participating in the competition, namely Norwegian Airlines’ New York Kennedy to Paris Charles de Gaulle route and Transocean Airlines’ Paris Charles de Gaulle to Montreal route;

The other eight routes all involve Heathrow Airport. Among them, airlines have put the most capacity on the route from New York Kennedy to London Heathrow, which is enough to show that Heathrow has strong passenger demand and is the largest passenger route in Europe to the United States and Canada. Source.

In this regard, Norwegian Airways and Delta Air Lines are already making targeted arrangements. The most important part is the purchase of Heathrow Airport's take-off and landing time. The fierce competition for flight time resources is no less than that of the Atlantic route. In the tragic situation of the merger, the major airlines used all the tricks for the take-off and landing time of a flight, and there was no lower limit to the degree of negative damage.

In this way, Alitalia is not completely useless, at least they have 6 pairs of Heathrow Airport takeoff and landing time!

Most importantly, Alitalia is also a member of the SkyTeam alliance.

However, On Atlantic routes, the three alliances have both competition and cooperation. In order to obtain antitrust immunity and reduce the negative impact of market fluctuations on airlines, the three alliances have formed their own transatlantic alliances. Joint ventures on the route.

However, the open sky agreement between Europe and the United States has promoted the development of low-cost airlines such as Norwegian Air. The joint ventures on transatlantic routes have been negatively affected. Although the investment in capacity continues to increase, the market share is shrinking. This is why Delta Air Lines is acquiring After Norwegian Airways, the stock price will have such a big increase, and investors are not stupid.

Since the growth of capacity is much smaller than that of the overall market, on the surface, the share of the three major alliances is shrinking, but because of Norwegian Airline’s entry, Delta’s share has shown a reverse growth, and the tens of thousands of flowers are all red. How many red eyes Delta has received.

However, with the exception of Norwegian Airways, facing other competitive pressures from low-cost airlines, major traditional airlines in Europe and the United States, including Delta Airlines, are seeking transformation.

American airlines formulate multi-level pricing strategies on routes to Europe, provide a variety of economy class products, and compete with low-cost airlines.

For example, Delta Air Lines has introduced the lowest international fare plus checked baggage fees to enhance its competitiveness, because the absolute majority of low-cost airlines operating transatlantic routes have other additional charges including luggage and meals, if similar Compared with traditional airlines' richer route network in pricing strategy, low-cost airlines will lose their competitiveness in fares over time.

Norwegian Airways does not have to worry about this, because Delta Air Lines will allocate part of the passenger flow to them. The two complement each other, and only the interests of other low-cost companies will be lost!

(https://)

1 second to remember Aishang Novel Network:. Mobile version reading URL: