Originally Posted by
ralfkrippner
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.
I don't want to speculate on the LH reaction, but from the EY side this makes quite some sense as this would imply a *A membership sooner or later. The additional traffic would compensate the EY losses in the time to come.