Take away the Lingus transatlantic revenue and you are left with a small marginally profitable airline that competes on cost with Ryanair. Hardly an investors fantasy dream.
Aer Lingus's shorthaul network is far more profitable than their long haul network.
Your faith in the Aer Lingus operation is lovely. Not forgetting they came within a whisker of going bust 6 years ago when they were State supported this confidence is suprising.
The airline then is virtually a different airline from the airline now. The company was totally restructured, there were over 2,000 redundancies, staff terms were reduced, loss making elements of the airline were axed and the shorthaul fleet was streamlined into one model, the Airbus A320/1 family. Aer Lingus also now has a very young fleet, unlike BMI Baby, Jet 2 and Globespan.
Its just a small thing, but stop calling us Eire. Its the Republic of Ireland or Ireland.
Hear Hear!!