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#741896

Charles-P
Participant

I had lunch last week with the CEO of a European private equity group who said that there are a number of LCC airlines being targeted right now. As an investment choice they represent a good bet and the view is that in time all short haul travel globally will follow the LCC business model. It also seems the next big expansion area for airlines is trans-Atlantic LCC with at least two new groups looking at slots and opportunities.