from the bbc web site
Easyjet agrees to buy GB Airways
Budget airline Easyjet has agreed to buy UK carrier GB Airways for £103.5m.
Gatwick-based GB Airways currently serves routes to Southern Europe and North Africa under a franchise agreement with British Airways.
GB also operates services out of Manchester and Heathrow airports, although the purchase by Easyjet does not include the Heathrow slots.
Easyjet said the deal was consistent with its expansion strategy and would strengthen its position at Gatwick.