Accelalt, good point. But you must remember that the current head office size is alot smaller now than what it was 2 years ago. It actually spanned the entire building that is in now. A deal was signed for a 7 year lease by PC who thankfully has now gone back to aerarann islands. This 7 year lease was signed at the height of the Celtic Tiger, God only knows how much they are paying.
Someone said earlier that they should renegotiate the aircraft lease rates. Its worth bearing in mind that the majority of aircraft are either directly or indirectly owned by Padraic O Ceidigh. During the examinership the aircraft leasing was a supercreditor. So P O C got all of the monies he owed himself while everybody else including the govt, the ones who payed him over 100,000,000 in subsidies got a tiny tiny fraction.
And after all of this happened, the management stayed the same and payed themselves a nice big fat christmas bonus.
They also had a "leaving examinership party" at the companys cost for a select few of the muppets who actually put AerArann into examinership in the first place!!!
Liars, Cheats and Frauds everyone of them.