British Airways says it expects to sell its budget carrier Go for less than £200m. This is in line with analysts' estimates for the third biggest player of Europe's booming low-frills airline market.
When the sale was announced in November, market leader Ryanair said it was not interested in taking on Go, which has failed to make a profit since it was launched three years ago.
BA said that it is in talks with a handful of bidders over Go, which it hopes to sell by the end of March. The airline would not specify whether the short-listed candidates were trade of financial buyers.
