Ryanair Intends To Buy Slots IAG May Hand For Air Europa Acquisition: Report
Portfolio Pulse from Akanksha Bakshi
Ryanair plans to buy slots that International Consolidated Airlines Group (IAG) may sell for its planned acquisition of Air Europa. Ryanair is interested in slots in Canary and Balearic Islands and in Madrid as they are in a growth phase in Spain.
June 12, 2023 | 1:11 pm
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POSITIVE IMPACT
Ryanair plans to buy slots from IAG's potential sale for Air Europa acquisition, aiming for growth in Spain.
Ryanair's interest in buying slots from IAG's potential sale for Air Europa acquisition indicates their intention to expand in Spain. This expansion could lead to increased market share and revenue, positively impacting their stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
IAG may sell slots for its planned acquisition of Air Europa, with Ryanair expressing interest in purchasing them.
IAG's potential sale of slots for its planned acquisition of Air Europa is a necessary step to get approval from the European antitrust regulator. While this sale may generate some revenue, it is not expected to have a significant impact on IAG's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100