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Old 19th Feb 2012, 11:29
  #2079 (permalink)  
racedo
 
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Serenity

Not going to happen as will get tied up in EU competition review irrespective of what UK would want.

Issue is not what Flybe is worth on the stock exchange, it may be only be theoretically worth £47m if buy all the stock in one go. BUT its the assets/ liabilities that the company actually has that will be its real value.

This was same with EI when FR were having a look.

It may be the Easyjet think this could be a quick win but given market position in UK I struggle to see the fit between the 2 companies maybe as a feeder but even then I'm not sure.

One only has to look at the way BA were able to buy up and absorb BCal / Danair etc etc with Govt connivance but has it really built up BA other than to have made it largest airline operating from UK for a while.

Being the biggest player in a country is a bit like being the biggest in a single city, sounds great but perhaps focus should be on rest of the market as well.
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