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Old 4th Feb 2019, 22:07
  #1244 (permalink)  
vikingivesterled
 
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Originally Posted by racedo
Ryanair DAC, Ryanair Sun, Laudamotion and Ryanair UK are part of holding company.
Some because of the opportunities that will allow growth, some because of the issues of Brexit where they needed to set up a separate legal entity.
Ryanair Ltd. was already a holding company for different entities they have been trying out as separate companies over the years. Like the customer center ryanair.com (with its own CEO) and Ryanair Labs, plus others for pure tax purposes. And LaudaMotion was already held by it. There must be more to the story of splitting out and setting up another layer of Admin above Ryanair DAC, or normal as I would call it. And are they really going to do complete separate accounts for all the entities, with their own stock market listings and required reporting, to the letter of the shareholding, control and governance required for being seen as "native" in each market. That is not exactly keeping the costs down. But that last part has maybe quietly been forgotten in this new era of Brexitering and keeping up with the Walshes.
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