easyJet and Delta to make the move on Alitalia?

[CaptainProp]

Easyjet and Delta partnering up to take over Alitalia? More info coming out in this article.

Delta, EasyJet Consider Up to $452 Million Alitalia Stake

[AC560]

60% owned by the Italian government, sounds like a reliable business partner to me.....

[4runner]

Originally Posted by AC560

60% owned by the Italian government, sounds like a reliable business partner to me.....

An efficient one as well.

[CaptainProp]

Yea, but Easyjet is probably one of the most careful airlines out there when it comes to expansion and take-overs so I’m sure they’ll have all the necessary stops in place otherwise there’s no deal. It is also my understanding that it won’t be a take-over as such, it will need to be a new company with the “old ways” gone.

CP

[bumpy737]

Originally Posted by AC560

60% owned by the Italian government, sounds like a reliable business partner to me.....

So true...

[CaptainProp]

easyJet today announced that it is no longer pursuing a deal with Alitalia.

CP

[DirtyProp]

Reason prevailed....

[cumulustratus]

Originally Posted by AC560

60% owned by the Italian government, sounds like a reliable business partner to me.....

At least they'd never have to worry about going broke. Tax payers are apparently happy to keep bailing them out every 24 months or so.

Looks like ezy pulling out may be the end of Alitalia. If the shrewd business people at ezy aren't interested then that probably sends a strong message to other potential investors as well.