PPRuNe Forums - View Single Post - FlyGlobespan...Recruit Long haul Cabin Crew
Old 8th Dec 2005, 22:57
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The Grim Reaper
 
Join Date: Feb 2001
Location: Europe
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A little bird told me that Mr D has been discussing selling 49% of the Globespan group (not including the airline bit) to Transat.
This will give him some capital to put into growth of the airline and give Transat access to the european market.

Sticking point is that Transat want to have a clause preventing flyglobespan from competing on the Canadian routes.

Just a hearsay, of course
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