Moderator, SkyTeam and Germany
Join Date: Sep 2001
Location: FRA/STR/NUE
Programs: BA, LH, KL, EY, IHG, Marriott, Hyatt, Hilton, Radisson, H Rewards
Posts: 5,964
Todays news from german news magazine Der Spiegel:
Rumors about EY to suggest a trade:
- EY to set AB debt free
- EY to pay some addtl. cash
- AB to be sold to LH for 1 EUR
- EY to get about 10% of LHs shares
A similar trade may be possible for AZ, as Der Spiegel reports.
LHs reaction to the reports: We've quite some job to do with the integration of 38 AB jets and the opening of an EW base in MUC; anything else is pure speculation.