Its private-equity suitor may be looking to sell it for parts
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Profits remain meagre and fleets are ageing
The low-cost carrier is flying high
Western carriers will relish the chance to win some of their customers back
Germans and Spaniards say France’s Dassault has made collaboration impossible
Carrier’s enterprise valuation today is just four times operating profit, whereas in 2019 it was nine times
Many carriers now make their money from credit-card deals
