PPRuNe Forums - View Single Post - Aer Lingus - 6
Thread: Aer Lingus - 6
View Single Post
Old 20th May 2013, 16:05
  #1486 (permalink)  
840
 
Join Date: Mar 2005
Location: Ireland nowadays
Posts: 1,440
Likes: 0
Received 0 Likes on 0 Posts
You'd hope that EI will do nothing unilaterally.

How the deficit would divided up, should EI and the DAA (which other companies are involved?) is unclear.

Based on shareholders' funds, the DAA is a slightly larger company than Aer Lingus (952m v 835m), so it would be expected that their share would be slightly larger. Still, you aren't even looking close to 750m.

What is possible is that with the recent upturn in global stockmarkets, the level of the deficit may have declined. EI and the DAA may want to use this to create a once-off permanent solution.
840 is offline