EasyJet CE: Alitalia deal did not make business sense
EasyJet CE Johan Lundgren is not actively looking at any other acquisitions after withdrawing from the Alitalia sale process. He also ruled out a shift to a group structure, as rival LCC Ryanair plans, or branching out into long-haul, low-cost operations. March 18 EasyJet announced that it had withdrawn from the running to invest in Alitalia, after previously weighing a joint investment in the airline with Delta Air Lines and Italian railway company Ferrovie dello Stato. Ahead of that decision, Lundgren had said he was “not desperate” for a transaction to materialise. EasyJet is keeping a close eye on market developments, but Lundgren said the carrier is not currently evaluating any other acquisitions. “There is nothing else we see as necessary from an acquisitions point of view,” he said. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-03-22/unaligned/easyjet-ce-alitalia-deal-did-not-make-business-sense
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EasyJet CE: Alitalia deal did not make business sense
EasyJet CE Johan Lundgren is not actively looking at any other acquisitions after withdrawing from the Alitalia sale process. He also ruled out a shift to a group structure, as rival LCC Ryanair plans, or branching out into long-haul, low-cost operations. March 18 EasyJet announced that it had withdrawn from the running to invest in Alitalia, after previously weighing a joint investment in the airline with Delta Air Lines and Italian railway company Ferrovie dello Stato. Ahead of that decision, Lundgren had said he was “not desperate” for a transaction to materialise. EasyJet is keeping a close eye on market developments, but Lundgren said the carrier is not currently evaluating any other acquisitions. “There is nothing else we see as necessary from an acquisitions point of view,” he said. <br/>
