The most pessimistic of pessimists would whisper that the carrier gets broken up in parts and sold, the mentioned slots alone reportedly being valued at more than what at least Castlelake currently has bid for the company. Castlelake has remained coy on its plans, with Apollo on the other hand reportedly supporting the current strategy of easyJet. This further implies that it wouldn’t break up the company and sell it for parts.
Given that we after all are discussing private equity companies, a plausible scenario sees the new owner streamlining and carefully examining the operator for opportunities where cost-cutting measures can be implemented. Perhaps it even seeks to further increase competition with Ryanair, currently weighing in at roughly twice the size when it comes to strict fleet numbers?
0 Comments
No comments yet.