Originally Posted by
JM926
You might well question his source, but as an employee I heard the rumour only a matter of weeks ago. Not saying there is any truth whatsoever to it-but it has been doing the rounds internally
Jet2 seem to be on the giving end of a lot of takeover rumours over the past few years: Tie up with Easyjet, Takeover of Monarch before going bust, now this
The price you pay when you're as successful as they are, and with organic growth i suppose.
I just don't see it happening, given that LS have pretty much come out of nowhere 15 years ago and now have a fleet of 80+, then to start a tour operator 10 years ago which is now the 2nd largest. It makes no sense that LS would want to takeover TCX, when they could just do it themselves, and probably better than the current TCX way.
As i said, the only benefits would be a slightly larger hotel portflio and Aircraft slots, which all in all probably isn't worth the gargantuan figure they'd need to pay