RE: British Airways26 Sep 2021 09:41
I was thinking the RI initially not a great idea, but it was Stephen Hester whom has been brought was backing it. He's renowned as a turnaround specialist. So how I see this possibly playing out, one option to acquire the slots off BA and expand, but I personally think a tie up with IAG on the cards. The RI shores up funds and provides the funding to take over slots, more aircraft etc. The CEO of easyjet didn't say he was against a takeover of Easyjet, it was more to the point that the WIZZ offer was opportunist and didn't reflect the true value of the company. I guess watch this space, I just can't see IAG selling off valuable LGW slots, far better to acquire a key competitor with a very established and well known brand, flying similar aircraft. We will see how it plays out, but I think option two is a very distinct possibility, we shall see.