TheSonntag
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Die Welt: FL To Sell It's Shares In EZY

Thu Apr 06, 2006 7:30 pm

According to the German newspaper die Welt, FL, the investor from iceland sells its shares of Easyjet.

This is a very surprising and unexpected move. They were supposed to increase their investment volume, not decrease it...

The German link:

http://www.welt.de/data/2006/04/06/870412.html

[Edited 2006-04-06 12:30:38]
 
pelican
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RE: Die Welt: FL To Sell It's Shares In EZY

Thu Apr 06, 2006 7:46 pm

Really interesting.

Quote:
Er begr�ndete den Easyjet-Ausstieg mit der Wahrnehmung neuer, lukrativer Investmentchancen.

Maybe they want to invest in AB? I've read somewhere that the FL group is interested in AB. It would make sense to try another big LCC, after their plan to take over U2 failed. And AB is going public this year. So maybe...

pelican

P.S. I love speculation  Wink
 
LeonB1985
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RE: Die Welt: FL To Sell It's Shares In EZY

Thu Apr 06, 2006 7:48 pm

I think there's already a thread on this somewhere. I believe it was announced yesterday.
From the construction site that is better-known as London Heathrow Airport
 
TheSonntag
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RE: Die Welt: FL To Sell It's Shares In EZY

Thu Apr 06, 2006 8:03 pm

I found the other thread. Very strange that this has so little attention, I think this is pretty important news...
 
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RE: Die Welt: FL To Sell It's Shares In EZY

Thu Apr 06, 2006 8:06 pm

Quoting LeonB1985 (Reply 2):
I think there's already a thread on this somewhere. I believe it was announced yesterday.

http://www.airliners.net/discussions...eneral_aviation/read.main/2701593/
 
CRJ900
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RE: Die Welt: FL To Sell It's Shares In EZY

Thu Apr 06, 2006 8:16 pm

Quoting TheSonntag (Reply 3):
I found the other thread. Very strange that this has so little attention, I think this is pretty important news...

As long as the thread doesn't include phrases like "why no PTVs in LH Y-class?", "when will NWA replace their DC-9?", "cramped CRJs" or "B6 starts new routes" the majority of a.netters are just not interested...  Wink

On a serious note, it is interesting to see this development. The Icelandic investors, who were apparently looking for world domination, has realised that EZY isn't interested in being taken over by some unknown company from a small country. The Sterling-Maersk merger has not been easy either, a lot of unrest in the companies. Perhaps Air Berlin will prove difficult to own too... they have been well managed for years and everyone would like to keep it that way, especially in this cut-throat business...
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TheSonntag
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RE: Die Welt: FL To Sell It's Shares In EZY

Thu Apr 06, 2006 8:51 pm

Quoting CRJ900 (Reply 5):

Well, AB is opening towards investors, but I doubt that the few shareholders of AB (Hunold, Lundgren and some others) will accept that a company from Iceland is interfering with their management style, changing the whole concept of AB...

Hunold has stated several times that he wants to control all relevant aspects of the AB business, so I think AB will be reluctant to new investors when they are not clear on their plans.
 
stirling
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RE: Die Welt: FL To Sell It's Shares In EZY

Thu Apr 06, 2006 9:01 pm

FL.....is airTran.

FI is Icelandair, IslandsFlug.
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TheSonntag
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RE: Die Welt: FL To Sell It's Shares In EZY

Thu Apr 06, 2006 9:18 pm

I meant the FL investment group. Not an airline...
 
pelican
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RE: Die Welt: FL To Sell It's Shares In EZY

Thu Apr 06, 2006 9:32 pm

Quoting TheSonntag (Reply 6):
Hunold has stated several times that he wants to control all relevant aspects of the AB business, so I think AB will be reluctant to new investors when they are not clear on their plans.

The question is whether they can control who invests after they their going public. It all depends interesting how many shares will be traded public.

pelican