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Old 23rd Nov 2008, 03:31
  #723 (permalink)  
akerosid
 
Join Date: Aug 1999
Location: Dublin, Ireland
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EI looking to acquire?

Interesting article in SBP today about EI's plans going fwd:

Sunday Business Post | Irish Business News

It's looking to be an acquirer of other airlines rather than an acquiree. With regard to the current process, talking still going on with IMPACT and "cogs moving a little slower" ... issue of outsourcing "still on the table" until costs can be sorted out. (So effectively, a "bogeyman" issue, designed to push people towards agreement?)

Still expects loss this year, but overall financial position good, with healthy cash pile.
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