I think it is rather sad news that the Avion Group has sold its part of the Excel group and associated companies. Please be very aware that the reason that the Avion Group got so involved in the first place was it took shares in lieu of payment for the use of its B767's for a summer season that I believe cost 40 % and next year another 40%...... Excel is not what one would call a very profitable company. With the present management I have my doubts as to its viability. Perhaps someone with more info might like to comment. £250 mil seems to be a great price for the Avion Group shareholders to rid themselves of a real dead duck