Turbsy
5th Jun 2001, 16:53
Just thought this might be of interest, sorry if most of you know about it already:
Taken from:
AIRJET AIRLINE WORLD NEWS -- AJN 05JUN2001 07:01 UTC
Airways - Inside the newest issue of Airways July 2001 (Issue No 65)!
http://www.AIRLINEBIZ.COM/wire/airwayspage
M O N D A Y | June 04, 2001 Edition
*** British Airways weighs Aer Lingus bid
BRITISH AIRWAYS is considering a 300 million pound ($424.1 million)
takeover bid for Ireland's national carrier Aer Lingus, Britain's
Sunday Times reported. "We are considering our options with Aer
Lingus and may be interested in purchasing a stake, however large,"
one BA executive was quoted by the newspaper as saying. "We could do
this alone or with a partner. Nothing is decided yet but something
may well happen," the executive said. The newspaper said the Irish
airline was estimated to be worth 250 million-300 million pounds.
Asked about the report, a BA spokeswoman said: "It's all speculation
and rumour." Industry sources said they were sceptical that the
British carrier would consider such a move. (Reuters 07:20 AM ET)
http://airlinebiz.com/wire/06042001 (See Full Story!)
---------------------------------------------
Best wishes,
Turbsy
Taken from:
AIRJET AIRLINE WORLD NEWS -- AJN 05JUN2001 07:01 UTC
Airways - Inside the newest issue of Airways July 2001 (Issue No 65)!
http://www.AIRLINEBIZ.COM/wire/airwayspage
M O N D A Y | June 04, 2001 Edition
*** British Airways weighs Aer Lingus bid
BRITISH AIRWAYS is considering a 300 million pound ($424.1 million)
takeover bid for Ireland's national carrier Aer Lingus, Britain's
Sunday Times reported. "We are considering our options with Aer
Lingus and may be interested in purchasing a stake, however large,"
one BA executive was quoted by the newspaper as saying. "We could do
this alone or with a partner. Nothing is decided yet but something
may well happen," the executive said. The newspaper said the Irish
airline was estimated to be worth 250 million-300 million pounds.
Asked about the report, a BA spokeswoman said: "It's all speculation
and rumour." Industry sources said they were sceptical that the
British carrier would consider such a move. (Reuters 07:20 AM ET)
http://airlinebiz.com/wire/06042001 (See Full Story!)
---------------------------------------------
Best wishes,
Turbsy