Sunday January 19, 2020

Planestation difficulties won't hit EUjet buyout

The buyout of Irish airline EUjet by British airport operator Planestation is “still on track", despite a collapse in the British firm's share price, according to a spokeswoman for Planestation.

18th December, 2004

The buyout of Irish airline EUjet by British airport operator Planestation is “still on track", despite a collapse in the British firm's share price, according to a spokeswoman for Planestation.

She said the deal, which was first announced in September, should be completed “in the near future'‘. Planestation's share price has fallen by almost 75 per cent in the last three weeks and industry sources said the EUjet deal could be in jeopardy.

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