CityJet 'actively pursuing' 2 airline acquisitions

Irish regional carrier CityJet is seeking to acquire 2 more European airlines, its CE Pat Byrne has indicated. Byrne said CityJet was "actively pursuing a couple [of airlines] at the moment that are of interest to us", but "can't talk about it because we are subject to NDAs [non-disclosure agreements]". CityJet, which has already purchased Scandinavian carriers Cimber and Blue1 through deals struck earlier this year and in 2015 respectively, remains "very active on the acquisition front", Byrne stresses. He did not disclose the identities of the two new targets, but did confirm that they were not based in Scandinavia and were in a "completely different market, but in Europe". Byrne describes the integration of Cimber and Blue1 as a "fantastic challenge" that is "very interesting" and "tough", but says: "We are getting there." <br/>
FlightGlobal
https://www.flightglobal.com/news/articles/cityjet-actively-pursuing-two-airline-acquisitions-438854/
6/28/17