New money into AerArann
I cannot believe that the examiner is letting O'Ceidigh have anything to do with AerArann after the mess he got it into. Can you imagine being one of the creditors having to wipe out his debts only to have him turn around and be back in charge again!!! I"d be a little peeved to say the least. Also the reports are saying that Stobart arent going to have an input in the day-to-day running of the airline so I guess it will be the usual mis-managemnet we have come to expect. I sincerely hope O"Ceidigh doesnt trot himself out on radio and tv over the next few days patting himself on the back for "saving the airline", when he was nowhere to be seen when the company went into examinership.
I wonder why he went with the Stobart deal instead of the Jerry Kennelly/Michael Carey consortium which was offering the same deal....
Last edited by FRAMEX; 11th Oct 2010 at 16:59.