Originally Posted by
ironbutt57
divesting 140 airplanes is indeed an "adjustment"
The divesting of aircraft is only related to ownership. LH will continue to expand once the RR issues are resolved. The next five 787-9 deliveries are already financed.
As for the rest of the discussion, we are going in circles. But let me quote Enrique Dupuy de Lômet, CFO of IAG, when the latter aquired a 4.6 percent stake in Norwegian back in april :
“IAG considers Norwegian to be an attractive investment”
“The minority investment is intended to establish a position from which to initiate discussions with Norwegian, including the possiblity of a full offer for Norwegian”