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Old 3rd Aug 2009, 11:23
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Ancient Observer
 
Join Date: Aug 2006
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That takes us off-thread...........but.........
As you may/may not know, the GG episode was very unpleasant with a lot of "heavy" things going on at the local level. I think that the FTOs locally might have been unusually motivated. At National level, they did not want to know.
There were also some difficult-to-understand ownership issues. At the time, GG was owned by TPG, (private equity). At the same time, TPG was the biggest registered shareholder in Ryannair, and the TPG boss was Ryannair's Chairman. - Even motormouth MOL has a boss.
The biggest beneficiaries of the GG situation were Ryannair.
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