Originally Posted by
SWBKCB
They're after an interest in another airline - doesn't this fall into the category of "they would say that, wouldn't they?".
Normally I'd agree. But personally I'm not discounting anything right now, especially given my knowledge of how Stobart conversations are progressing in the IOM.
It's an interesting time. Many airlines - if not all of them - are in shrink / reduced growth modes and are now laden with debt. There's going to be a huge surplus of aircraft hitting the market which will drive down prices and damage the asset values of existing carriers on their books, further hindering their ability to raise future capital and possibly pushing them in to bad equity situations with their lenders. Sounds like the perfect time for someone ballsy with deep pockets to come in - be it regional flying or around Europe - if you ask me.