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Old 4th Feb 2019, 21:25
  #1242 (permalink)  
racedo
 
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Originally Posted by vikingivesterled
Why would they buy up somebody with the same destinations, instead of just directly competing them into virtual oblivion.
More likely Ryanair Holding is MOL's take on IAG in a way that Ryanair can continue to be his powerbase but he himself can concentrate on new ventures. Since I doubt he'll be content as a regal overseer doing aircraft deals I could see him follow one of his long held ambition to do a proper low-cost take on the transatlantic. Ryanair shareolders said no to do it under Ryanair proper, but as a separate entity under a holding company it would be a different proposal.
A good start could have been to shop that part out of Norwegian in a way that it wouldn't create a capital base for Norwegian to compete better in the European market. Norwegain could do well to retrench/concentrate its longhaul on Scandinavia to Asia (with a bit of Japanese pension fund lease-investments) and Europe to South America.
Ryanair DAC, Ryanair Sun, Laudamotion and Ryanair UK are part of holding company.

Some because of the opportunities that will allow growth, some because of the issues of Brexit where they needed to set up a separate legal entity.
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