The largest regional airline in Europe, Flybe Group Plc, is reportedly looking to divest some of its airport slots at London Gatwick airline, leading to a rally in the stock market as shares rose by up to 21 percent. In an official statement from the conglomerate, “a number of parties” are currently discussing the purchase of the slots; no further detailed information was given. One analyst, however, predicts that British Airways, EasyJet and Norwegian Air Shuttle might be likely contenders to buy the slots. While the sale has yet to occur, Flybe did note that regulatory changes at Gatwick are now making it more difficult for smaller aircraft operators such as Flybe to make a profit.
Full Content: Skift
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Uruguayan Antitrust Scrutiny Puts Major Meatpacking Deal Between Marfrig and Minerva on Hold
May 19, 2024 by
CPI
Alaska Airlines Seeks Dismissal of Consumer Lawsuit Over $1.9 Billion Hawaiian Airlines Buy
May 19, 2024 by
CPI
Idaho Attorney General Orders Split of Kootenai Health and Syringa Hospital
May 19, 2024 by
CPI
Court Rejects T-Mobile’s Appeal Bid in Antitrust Case Over Sprint Merger
May 19, 2024 by
CPI
Google Requests Judge, Not Jury, to Decide on Antitrust Case
May 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI