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Old 11th May 2001, 16:58
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<font face="Verdana, Arial, Helvetica" size="2">EasyJet takes it easy over Go deal

by Peter Cunliffe, Daily Mail

BUDGET airline easyJet is not worried by the imminent £100m sale of rival Go to venture capitalist 3i by British Airways. 'We thought about buying it, but not for very long. We know how painful acquisitions can be. Why tempt fate?' said chief executive Ray Webster.


The shares fell 7p to 403 1/2p, against 310p when chairman Stelios Haji-Ioannou floated them in November. Schroder Salomon Smith Barney rates easyJet a 'buy' and has a 500p price target. </font>