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Old 22nd Apr 2008, 12:06
  #785 (permalink)  
en2r
 
Join Date: Jul 2006
Location: Cork, Ireland
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Surely a tie up of a smaller LOCOs ie Bmibaby, Globespan, Jet2 would merit some wisdom?
I think a merger is the only way these airlines can survive for the long term.
That is the future. Along with Aer Lingus going bust as the Eire Tiger dies of bird flu.
Aer Lingus isn't going anywhere. They posted their highest profits ever last year, and as far as I recall they made more profit per passenger than Ryanair did! Also they have a significant portion of their fuel hedged unlike MOL! The Irish economy isn't dying, far from it. Unlike most other western economies, it isn't in recession, its just slowed down and is growing at a much smaller rate than it has in the past.
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