Going, going . . .
EuroBelgian Airlines' owners NEI and City Hotels have agreed to sell 90 per cent of the shares to Virgin European Airways subject to due diligence and approval from the Belgian competition authorities. Approval was due on 30 April. Reports suggest Virgin will pay $60 million for the stake.
Keep reading this article by becoming a FlightGlobal member now
PLEASE REGISTER FOR FREE OR SIGN IN TO CONTINUE READING
You have reached your limit of free articles for this period. Register for a FREE account to read this article and benefit from:
- Increased access to online news and in-depth articles from:
- FlightGlobal Premium covering the global aviation industry
- Airline Business providing insight for business leaders
- Weekly newsletters on topics across the industry