PPRuNe Forums - View Single Post - State of play at MyTravel/Kestrel
View Single Post
Old 7th Apr 2003, 03:53
  #65 (permalink)  
kinsman
 
Join Date: Apr 2000
Posts: 257
Likes: 0
Received 0 Likes on 0 Posts
Wink

Lou scannon

I don't recall Air 2000 paying cash for fuel either, but they were very, very close to the edge not that many years ago.

Your right Airtours were expecting to buy Air 2000 first time around. One reason of course was the invertation to do so by the Air 2000 board who then changed their mind at the last minute. It cost several members of the Air 2000 board thier jobs. Both MYT and Air 2000 were lucky neither bid succeeded, I for one think it would have been bad for both operations.

But don't run away with the idea anyone is out of the woods yet! MYT will in my opinion survive which then puts the pressure back on everyone else! As has been pointed out already these are hard times.

It turns out MYT could still make a bit of money out of the Air 2000 bid if they win thier case in the courts.
kinsman is offline