EasyJet - 4
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On the other hand, if he wants to ensure that his will always prevails, he needs to be buying shares, until he owns 50%+1.
Last edited by Fairdealfrank; 21st Jan 2013 at 22:06.
Fairdeal - if Stelios wants to go from his family's current 37% stake to 50%, he'll need to find a minimum of £450m. That's ignoring any possible obligations to make an offer for the remaining 50% of shares. Wealthy though Stelios may be, it's a lot of money to find and I doubt a bank or syndicate of banks would be looking to lend him that kind of cash any time soon even if he puts up the shares as collateral
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So Stelios wants no new order in a buying climate where delivery slots are pushing further into the future.......re-equip in 2020+ when dozens of airbus would have been scrapped for sold off and an ageing fleet, with that's expence....
I would take the boards side in getting the delivery slots, MOI. At least they are in the chain before multiple Asian carriers order 200+ from A or B.
The big question is buying from whom and what number of seats 70-200?
I would take the boards side in getting the delivery slots, MOI. At least they are in the chain before multiple Asian carriers order 200+ from A or B.
The big question is buying from whom and what number of seats 70-200?
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I think he needs the cash for other ventures (fastJet?)
Our Airline - Fastjet
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Apologies, but you can see why I was confused:
(from Wiki)
While originally thought to be competing with easyJet, it was later claimed by The Daily Telegraph that Fastjet is planned to be a transatlantic long-haul airline. It was eventually revealed that Fastjet was a proposed low-cost African airline, and that an agreement had been signed with Rubicon Investments.
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Good numbers for the first quarter of the 2013 financial year: Latest news - easyJet plc
Looks like a new order is being considered:
easyJet defies Sir Stelios with plan for new aircraft - Telegraph
easyJet defies Sir Stelios with plan for new aircraft - Telegraph
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LTN-TLV
BBC News - The Middle East conflict at 35,000 feet
I suppose some flights are more difficult and others?
Seems easyjet are very accommodating to the needs of some passengers.
Out of interest is TLV in the mix for any Cabin Crew or is there a dedicated team? It certainly sounds an interesting route - well as long as you are not on one of these flights.
Well at least the first problem was sorted by diplomatic persuasion but the second is quite mind-boggling on a 180 seat A320 with not that much space to play with.
Pete
I suppose some flights are more difficult and others?
Seems easyjet are very accommodating to the needs of some passengers.
Out of interest is TLV in the mix for any Cabin Crew or is there a dedicated team? It certainly sounds an interesting route - well as long as you are not on one of these flights.
Well at least the first problem was sorted by diplomatic persuasion but the second is quite mind-boggling on a 180 seat A320 with not that much space to play with.
Pete
Last edited by OltonPete; 27th Jan 2013 at 22:30.
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Off to a good start in 2013:
Monthly traffic statistics - easyJet plc
4.0% increase in passengers and 2.4% loadfactor increase to 84.4%
Monthly traffic statistics - easyJet plc
4.0% increase in passengers and 2.4% loadfactor increase to 84.4%
