Originally Posted by
Leeds Spotter
The price being paid for new capital is that all the new planes on order, i think 195 in total have been offered to other airlines.
In addition a list of assets for sale is to be drawn up and a list of routes to go. Similar of Monarchs plans to safe themselves.
Papers already think the transatlantic routes from the u..k. are top of the list to sell, especially in respect of the companies ownership, although last fridays e.u. announcement on ownership has given all airlines more breathing time.
The E.U. ruling IAG a european airline after the 29th March, may have been a factor in IAG selling all their shareholding and withdrawing from making a bid.
I was in Norway last month and can well understand the huge issues in handling the Euro, Pound and Dollar against the Norwegian Kroner, Dollar revenue to purchase fuel, you would think vital it maintains its States link.
Can an airline sell a route? Or were you referring to the (mainly LGW) slots?