British Airways (IAG) interested in buying TAP & EasyJet
Nov 3, 22, 3:22 pm
#4
Join Date: Apr 2012
Programs: BA Executive Club
Posts: 922
This has arisen from speculative comments made on another forum. In my opinion unlikely. IAG needs to get its own house in order and pay down debt. There is also the continuing saga of the
Air Europa on/off purchase.
In my opinion Easyjet is best left as a competitor as far as the consumer is concerned.
Air Europa on/off purchase.
In my opinion Easyjet is best left as a competitor as far as the consumer is concerned.
Nov 3, 22, 3:24 pm
#5
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Location: From ORK, live LCY
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If this is even true, which I doubt, the competition people would put the kibosh on it in 5 minutes flat.
Nov 3, 22, 3:33 pm
#6
Join Date: Aug 2019
Location: United Kingdom
Posts: 1,107
This has arisen from speculative comments made on another forum. In my opinion unlikely. IAG needs to get its own house in order and pay down debt. There is also the continuing saga of the
Air Europa on/off purchase.
In my opinion Easyjet is best left as a competitor as far as the consumer is concerned.
Air Europa on/off purchase.
In my opinion Easyjet is best left as a competitor as far as the consumer is concerned.
Nov 3, 22, 3:47 pm
#7
Join Date: Apr 2012
Programs: BA Executive Club
Posts: 922
Nov 3, 22, 3:56 pm
#8
Original Poster
Join Date: Dec 2020
Posts: 68
This has arisen from speculative comments made on another forum. In my opinion unlikely. IAG needs to get its own house in order and pay down debt. There is also the continuing saga of the
Air Europa on/off purchase.
In my opinion Easyjet is best left as a competitor as far as the consumer is concerned.
Air Europa on/off purchase.
In my opinion Easyjet is best left as a competitor as far as the consumer is concerned.
Nov 3, 22, 4:04 pm
#10
Join Date: Jul 2019
Location: UK
Programs: BA Silver, IHG Platinum
Posts: 859
We are a platform for consolidation. We will only do what makes sense but we see there are opportunities to be stronger. We are a group that wants to consolidate the industry.
Generic comments and the blanks have been filled in by speculation. TAP Portugal is however being privatised and so will be up for sale.
Nov 4, 22, 12:31 am
#14
Join Date: Feb 2018
Programs: BAEC Silver, IHG Platinum Elite
Posts: 1,016
This does seem to be covered on lots of outlets, particularly investment based ones. Especially since the positive IAG financials and the poor easyJet share price.
I do however feel the Competition authorities would be less then impressed.
If however a deal were to be struck it could be quite interesting.
There would most likely be a forced sale of some parts of the business to satisfy Competition concerns, such as the amount of Gatwick slots. However much of the business is not London based and so may not be a problem, while IAG maybe interested would BA?
Long term, would the easyJet name remain given the fees payable to the EasyGroup. Or would this be the start of BA Express (orange speedmarque anyone?) Or some hyper-steroid boost to BA Euroflyer or Vueling UK?
EZY also has many non UK based opps, these could be folded into Vueling / other IAG group companies / sold.
But in my view any move would be instigated by others with BA / IAG bidding only to protect UK share and/or preventing another party such as Wizz gaining further UK traction.
I do however feel the Competition authorities would be less then impressed.
If however a deal were to be struck it could be quite interesting.
There would most likely be a forced sale of some parts of the business to satisfy Competition concerns, such as the amount of Gatwick slots. However much of the business is not London based and so may not be a problem, while IAG maybe interested would BA?
Long term, would the easyJet name remain given the fees payable to the EasyGroup. Or would this be the start of BA Express (orange speedmarque anyone?) Or some hyper-steroid boost to BA Euroflyer or Vueling UK?
EZY also has many non UK based opps, these could be folded into Vueling / other IAG group companies / sold.
But in my view any move would be instigated by others with BA / IAG bidding only to protect UK share and/or preventing another party such as Wizz gaining further UK traction.
