Ryanair not interested in slots to be ceded by ITA for Lufthansa merger, CEO says [Yahoo! Finance Canada]
EASYJET PLC S/ADR (ESYJY)
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Source: Yahoo! Finance Canada
Eddie Wilson told Italian daily La Stampa that slots on offer as part of concessions agreed with EU antitrust regulators for the deal "have constraints, are not at the right times, or are too expensive." Lufthansa is due to buy 41% of state-owned ITA, the successor to bankrupt Alitalia, with a view of acquiring full control at a later stage. The European Commission gave conditional approval to the operation in July, after Lufthansa and Italy agreed to cede Italian short-haul routes to one or two rivals. The German airline had said it was in talks with Easyjet and Spanish low-cost carrier Volotea. (Reporting by Alvise Armellini; Editing by Varun H K)
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