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Old 18th Aug 2009, 22:48
  #2114 (permalink)  
80kts checked
 
Join Date: Jan 2006
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Aer Lingus too small to survive

The former flag carrier has operated successfully in a niche market, serving a small island nation which has suffered in the recent economic downturn.

Its shorthaul routes are under intense loco carrier competition, whilst its long haul (transatlantic) business has shrunk by 20%.

Its cost base is relatively high and its cash reserves are rapidly diminishing, much to the concern of the beancounters.

This scenario does not bode well for a stand alone carrier and could leave them exposed to a BA or similar merger (takeover).

Don't worry about differences of opinion between BA & Ryanair bosses.

They have a lot more in common than you think!
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