2006年VOA标准英语-US Airways Makes Hostile Bid for Delta Airlines

By Mil Arcega
Washington, DC
17 November 2006
 
watch US Air Delta¹ Merger²

 
US Airways⁴ made a hostile $8 billion cash and stock bid to take over rival Delta Airlines on Wednesday.  US Airways, which successfully merged⁵ with America West last year, says if shareholders⁶ agree to the deal the combined airline would become the nation's largest carrier.  Delta, which is going through bankruptcy⁷ proceedings⁸ says it is not interested.

Arizona-based US Airways first approached Delta last spring, just a few months after the Atlanta-based airline filed for bankruptcy protection. 

 
Bill Gee⁹
US Airways spokesman Bill Gee says a merger would help both airlines and give Delta's creditors¹⁰ a chance to recoup losses. "The offer to Delta is $8 billion.  Approximately $4 billion in US Airway³ stock and the other $4 billion comes from cash investors¹¹.  So yeah, it's a relatively¹² large deal."

Delta currently owes creditors about $16 billion. If the deal goes through, US Airways says Delta could earn $1.6 billion in profits.  It would also mean more destinations for the combined airline, which would require fewer planes.

 
Julius Maldutis
Aviation Dynamics¹³ president Julius Maldutis says it could also mean higher fares. "The domestic capacity of the two companies will be reduced by ten percent.  That will have a dramatic increase on airline fares.  So the traveler is really going to pay through the nose [a lot], if I can say that."

Ticket prices are already four percent higher than they were this time last year.  Some passengers worry fares could go higher.

One man commented, "If there's one large airline, it's a monopoly, you worry about that."

Another passenger offered, "And eventually there's going to be three or four companies that are going to own all the airlines and we won't have a choice."

Despite Delta's insistence¹⁴ that it is not interested in a merger, analysts¹⁶ say the offer could signal the start of more bids from other competitors.

 
Jim Corridore
Standard and Poor's Airline equity¹⁷ analyst¹⁵ Jim Corridore said, "I think consolidation¹⁸ in the airline industry is something that has been going on for some time -- whether through bankruptcies¹⁹, through mergers²⁰ as in the case last year of US Airways and AmericaWest and I think that no one is surprised to see more consolidation in the industry.  It is something that is necessary and likely to continue."

If the deal is finalized²¹, the combined airline would operate under the Delta name and serve more than 350 destinations across five continents.

1 delta   

n.（流的）角洲

参考例句：

• He has been to the delta of the Nile.他曾去过尼罗河三角洲。
• The Nile divides at its mouth and forms a delta.尼罗河在河口分岔，形成了一个三角洲。

2 merger   

n.企业合并，并吞

参考例句：

• Acceptance of the offer is the first step to a merger.对这项提议的赞同是合并的第一步。
• Shareholders will be voting on the merger of the companies.股东们将投票表决公司合并问题。

3 airway   

n.空中航线，通风口

参考例句：

• Lay them on their side and ensure the airway is unobstructed.让他们侧躺着，并确保呼吸道畅通。
• There is a purple airway in London Airport.伦敦机场里有一条皇家专用飞机跑道。

4 AIRWAYS   

航空公司

参考例句：

• The giant jets that increasingly dominate the world's airways. 越来越称雄于世界航线的巨型喷气机。
• At one point the company bought from Nippon Airways a 727 jet. 有一次公司从日本航空公司买了一架727型喷气机。

5 merged   

（使）混合( merge的过去式和过去分词 )； 相融； 融入； 渐渐消失在某物中

参考例句：

• Turf wars are inevitable when two departments are merged. 两个部门合并时总免不了争争权限。
• The small shops were merged into a large market. 那些小商店合并成为一个大商场。

6 shareholders   

n.股东( shareholder的名词复数 )

参考例句：

• The meeting was attended by 90% of shareholders. 90%的股东出席了会议。
• the company's fiduciary duty to its shareholders 公司对股东负有的受托责任

7 bankruptcy   

n.破产；无偿付能力

参考例句：

• You will have to pull in if you want to escape bankruptcy.如果你想避免破产，就必须节省开支。
• His firm is just on thin ice of bankruptcy.他的商号正面临破产的危险。

8 proceedings   

n.进程，过程，议程；诉讼(程序)；公报

参考例句：

• He was released on bail pending committal proceedings. 他交保获释正在候审。
• to initiate legal proceedings against sb 对某人提起诉讼

9 gee   

n.马；int.向右！前进！，惊讶时所发声音；v.向右转

参考例句：

• Their success last week will gee the team up.上星期的胜利将激励这支队伍继续前进。
• Gee,We're going to make a lot of money.哇！我们会赚好多钱啦！

10 creditors   

n.债权人，债主( creditor的名词复数 )

参考例句：

• They agreed to repay their creditors over a period of three years. 他们同意3年内向债主还清欠款。 来自《简明英汉词典》
• Creditors could obtain a writ for the arrest of their debtors. 债权人可以获得逮捕债务人的令状。 来自《简明英汉词典》

11 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会

12 relatively   

adv.比较...地，相对地

参考例句：

• The rabbit is a relatively recent introduction in Australia.兔子是相对较新引入澳大利亚的物种。
• The operation was relatively painless.手术相对来说不痛。

13 dynamics   

n.力学，动力学，动力，原动力；动态

参考例句：

• In order to succeed,you must master complicated knowledge of dynamics.要取得胜利，你必须掌握很复杂的动力学知识。
• Dynamics is a discipline that cannot be mastered without extensive practice.动力学是一门不做大量习题就不能掌握的学科。

14 insistence   

n.坚持；强调；坚决主张

参考例句：

• They were united in their insistence that she should go to college.他们一致坚持她应上大学。
• His insistence upon strict obedience is correct.他坚持绝对服从是对的。

15 analyst   

n.分析家，化验员；心理分析学家

参考例句：

• What can you contribute to the position of a market analyst?你有什么技能可有助于市场分析员的职务？
• The analyst is required to interpolate values between standards.分析人员需要在这些标准中插入一些值。

16 analysts   

分析家，化验员( analyst的名词复数 )

参考例句：

• City analysts forecast huge profits this year. 伦敦金融分析家预测今年的利润非常丰厚。
• I was impressed by the high calibre of the researchers and analysts. 研究人员和分析人员的高素质给我留下了深刻印象。

17 equity   

n.公正，公平，（无固定利息的）股票

参考例句：

• They shared the work of the house with equity.他们公平地分担家务。
• To capture his equity,Murphy must either sell or refinance.要获得资产净值，墨菲必须出售或者重新融资。

18 consolidation   

n.合并,巩固

参考例句：

• The denser population necessitates closer consolidation both for internal and external action. 住得日益稠密的居民，对内和对外都不得不更紧密地团结起来。 来自英汉非文学 - 家庭、私有制和国家的起源
• The state ensures the consolidation and growth of the state economy. 国家保障国营经济的巩固和发展。 来自汉英非文学 - 中国宪法

19 bankruptcies   

n.破产( bankruptcy的名词复数 )；倒闭；彻底失败；（名誉等的）完全丧失

参考例句：

• It's a matter of record that there were ten bankruptcies in the town last year. 去年这个城市有十家破产是事实。 来自《简明英汉词典》
• Business bankruptcies rose 50 percent over the previous year. 破产企业的数量比前一年增加５０％。 来自英汉非文学 - 政府文件

20 mergers   

n.（两个公司的）合并( merger的名词复数 )

参考例句：

• Mergers fall into three categories: horizontal, vertical, and conglomerate. 合并分为以下三种：横向合并，纵向合并和混合合并。 来自辞典例句
• Many recent mergers are concentrated within specific industries, particularly in retailing, airlines and communications. 现代许多合并企业集中进行某些特定业务，在零售业、民航和通讯业中更是如此。 来自英汉非文学 - 政府文件

21 finalized   

vt.完成（finalize的过去式与过去分词形式）

参考例句：

• The draft of this article has been finalized [done]. 这篇文章已经定稿。 来自《现代汉英综合大词典》
• The draft was revised several times before it was finalized. 稿子几经删改才定下来。 来自《现代汉英综合大词典》