SH&E MERGERS AND ACQUISITION SERVICES

SH&E has advised financial institutions, individual investors, employee groups and airlines in connection with several airline mergers and acquisitions.

SH&E’s consulting services in support of mergers and acquisitions include assessing the outlook for the airline industry domestically and worldwide, estimating investment costs and returns, performing valuations and fairness opinions, identifying and assessing synergy, developing strategic plans, appraising the value of the airline’s tangible and intangible assets such as aircraft, aircraft orders, routes, spare engines, rotable parts, reservations systems and landing rights, preparing detailed cash flow and capital expenditure projections (including the preparation of a fleet plan), and assisting in overall due diligence reviews. SH&E has several individuals on staff with hands-on merger implementation experience.

Specific Capabilities:

• Airline Alliances
• Asset Appraisal
• Equity Investment
• Investment Evaluation
• Marketing Agreements
• Strategic Planning
• Synergy and Integration
• Valuation