EasyJet to buy Go
 

Oh yes, it's true... :eek:

Says who?

BBC: http://news.bbc.co.uk/hi/english/bus...00/1966796.stm

EASYJET IN TALKS TO BUY RIVAL GO
By Abigail Townsend, City Staff, PA News
Budget airline easyJet and rival Go are in takeover talks, it emerged today.
EasyJet is seeking to buy Go, spun out of British Airways last year, and said the exclusive negotiations were at an “advanced stage”.
The Luton-based airline added that the move was part of ongoing plans to expand in the European short-haul market.
mfl

easyGo or GoEasy?

Will it be bubbles or orange?

Interesting news, but will it come off and will Airbus get the combined order?

Maybe Fanta?

Had better change my post until........ ;)

Crikey!

Typical 3i. In for a quick buck and no concerns for the airline and its people. Understandable from their point of view but ho will all at Enterprise House take it.......Orange STN.....how tacky!

So, is the sale confirmed, or are talks still in progress?:)

Mooney - Where did you get your info from? Easy's website says that "they will only conclude negotiations with Go if it is in their shareholders' best interests". It does not say that they are a fore gone conclusion.

Do you have an inside track?

Sounds like a good idea to me.

The future

Easy fly Boeing and Go fly Airbus.

Doesn't selling Go look like a worse decision all the time?

Ditto with Blue Bay,

Very typical 3i !!!! Got rid of us at EXC when the right offer arrived on the table.

But they are an investment company, I was still employed by GO when they were bought by 3i and I always said by year 5 they will sell if the price is right, the contracted built in amount to be given to BA if they sell GO before year 5 was a giveaway of this.. - but by year 1....!Blimey!!!!!!

Makes sense though, I thinks its a fantastic idea, only way they'll be able to compete with Ryanair and now make a serious effort to push BA out of the short haul market altogether...should be very interesting to watch.

But will easy need two North London hubs only a few miles apart.:confused: :confused:

mmm... 3i will be pleased.

They will make loads of cash from this but it isn't a nice place to work. I used to work there for a while, but was told that I didn't fit in.

I took that as a compliment. :)

Why didnt easyjet cosider buying Go when it was cheaper last year I wonder.
3i got it at a song compared to its value now.:cool:

I wonder if there is any chance Easyjet will keep the two easy and go brands seperate, continuing to run Go out of STN and EZY out of LUT, but perhaps code-sharing on services and co-operating in that way?

Probably no chance whatsoever :(

Shame, I like Go

Well, I've already had calls from 2 GO pilots saying it's confirmed and they are not wanting to work for EZY. Can they be that choosy I ask ? :rolleyes:

Easycom..... EasyGo