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Share Price: 178.65

Bid: 178.70

Ask: 178.80

Change: 0.35 (0.20%)

Spread: 0.10 (0.056%)

Open: 178.75

High: 181.20

Low: 177.50

Prev. Close: 178.30

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PRESS: Ryanair And easyJet Eyeing Tie-Ups With Flag Carriers - FT

Wed, 13th Jan 2016 06:48

LONDON (Alliance News) - Budget airlines easyJet PLC and Ryanair Holdings PLC could soon be handling part of the journey for long-haul passengers in Europe amid a strategic shift by the two groups, the Financial Times reported.

Ireland's Ryanair has signalled plans to target tie-ups with flag carriers under which it would provide them with passengers for their long-haul flights. easyJet is understood to be considering a similar move, the FT said.

This could see Ryanair and easyJet strike up partnerships with companies such as British Airways, owned by FTSE 100-listed International Consolidated Airlines Group SA, or Germany's Lufthansa AG, with passengers initially flying via the budget airlines, before then transferring onto the flag carriers' long-haul aircraft.

https://next.ft.com/content/2d2e6ec0-b39e-11e5-b147-e5e5bba42e51

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

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International Airlines Share News (IAG)

Share Price Information for International Airlines (IAG)

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