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FR Considers buying LH

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  • FR Considers buying LH

    http://uk.reuters.com/article/hotSto...EA512820090602

    LONDON, June 2 (Reuters) - The chief executive of Irish budget airline Ryanair (RYA.I) said on Tuesday that Deutsche Lufthansa (LHAG.DE) was the only major airline in Europe that he would consider bidding for.
    "We are having a serious look at Lufthansa. We could almost buy it for cash," Michael O'Leary told a news conference in London following Ryanair's full-year results.


    "We are not planning any bids for Lufthansa in the foreseeable future but it is the only one of the other three large airlines that we would be interested in."


    O'Leary also said that Ryanair's earnings guidance for this fiscal year was based on conservative expectations that its fares would fall between 15 to 20 percent but he said if passenger numbers increase, fares could fall by 10 percent.
    I just checked. Today's certainly not 1/Apr

  • #2
    No but it is a day with a "Y" in it and accordingly MO'L needs the publicity from willing media stooges.
    ..

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    • #3
      Originally posted by Kiwi View Post
      willing media stooges.
      Why are they so gullible?
      Last edited by s7r0ng3r; 4 June 2009, 05:58 AM.

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      • #4
        Another media playup I guess

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