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Old 16th Apr 2012, 08:30
  #248 (permalink)  
Erwin Schroedinger
 
Join Date: Nov 2004
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I may be missing something here, but when Lufty agreed to sell bmi and baby for less than bmi alone, surely they shot themselves in the foot.

Nobody in their right minds would want to pay good money for baby if they could avoid it. Anyone interested in acquiring baby for nothing would surely wait for the almost inevitable acquisition by IAG and take it off WW's hands. Even with such a deal, both parties win. Lufty pays for it.

WW has stated, before completion of the bmi purchase, that he already has plans in place to dispose of baby. Could it be that baby employees fearful of IAG acquisition are, in reality, lined up for a pleasant surprise? For a while, unless losses are resolved, at least.

Business Air ditto, perhaps? Can't see why not.

Or am I being overly optimistic or just plain dim?
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