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Old 12th Aug 2007, 00:05
  #514 (permalink)  
Liffy 1M
 
Join Date: Feb 2004
Location: Dublin, Ireland
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Aisle2c

If a majority of the shareholders succeed in forcing the management of the company to change its mind on SNN, I think you might well see the present senior management exiting the scene, the stock market value of Aer Lingus falling as a consequence and the Government - paradoxically - looking even more foolish than they do now. So they are caught between the proverbial "rock and a hard place".

MOL and Ryanair, probably for a number of reasons, has tried to get the Government to put pressure on Aer Lingus, but anyone tempted to support that approach would do well to consider what is behind this - cui bono?. O'Leary's motivation, as ever, is to benefit Ryanair and to upset Aer Lingus's plans - not to assist the beleaguered folk of Clare and Limerick. The Government needs to tread very warily on this and that, no doubt, is why there has been a relatively restrained reaction from that quarter to the Aer Lingus decision.
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