newstodate.aero
OCT 22, 2004 (newstodate): The Icelandair Group has now confirmed that it has purchased 8,4 percent of the shares in EasyJet as a long-term investment.
-Part of the groups's investment policy includes making investments in sectors where the group has specialised knowledge. The Icelandair Group is financially strong and the Company is seeking investment opportunities. We have therefore kept our eyes open for the opportunities in airline related securities. We have a positive opinion of the EasyJet's business model and we think that the company has a bright future, says Hannes Smarason, Chairman of Icelandair Group
-Part of the groups's investment policy includes making investments in sectors where the group has specialised knowledge. The Icelandair Group is financially strong and the Company is seeking investment opportunities. We have therefore kept our eyes open for the opportunities in airline related securities. We have a positive opinion of the EasyJet's business model and we think that the company has a bright future, says Hannes Smarason, Chairman of Icelandair Group