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easyJet Shy Away from Flybe Purchase

easyJet Shy Away from Flybe Purchase

Following Flybe unusually announcing it is up for sale last week, potential buyer, easyJet’s CEO Johan Lundgren, has claimed the low-cost airline has no particular “interest in this particular topic on Flybe” at this time.

Flybe took the decision to talk to potential buyers after losing £19.2 million last year alone, prior to which a failed IT systems upgrade cost the airline millions more. In comparison, easyJet have confirmed bookings for next year show “solid demand,” with 50% of seats already sold. Therefore, without prior knowledge of the state of Flybe’s IT systems, and the costs they may bring, easyJet decided to take a step back and withdraw its interest in purchasing the company.

According to CAST, a leader in Software Intelligence, easyJet can mitigate risks and long-term costs by gaining as much insight into IT systems prior to acquisition. Analysing the softwares framework will allow easyJet to foresee underlying and potential risks, as well as understanding the current value in the IT systems, empowering easyJet to make an informed decision.

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