Aer Arann
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I wouldn't knock Shultz he's done a great job and fair play to him , Arann would have gone long ago if it had been left to the rest of them.
I agree with Framex, I often wonder how does some of the less talented managment hide some of their almighty f
k ups from him.
On another point I've always thought the company was well thought of from the publics point of view and this comes mainly from the good will of the staff , particularly the front line cabin crew and pilots.
I fear however this could change with the front line crews getting shafted on a regular basis , and the terrible condition of the ATR42's.
I agree with Framex, I often wonder how does some of the less talented managment hide some of their almighty f
k ups from him.On another point I've always thought the company was well thought of from the publics point of view and this comes mainly from the good will of the staff , particularly the front line cabin crew and pilots.
I fear however this could change with the front line crews getting shafted on a regular basis , and the terrible condition of the ATR42's.
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To be fair it is his business, and if not for Ó Céidigh, Aer Arann would still be just the airline that flies between Conamara and the Aran Islands, so to be fair to him, he's proved his worth.
He has had his biggest markets eroded by pure predatory behaviour by Ryanair, Dublin Kerry and Dublin Cork are the main examples.
Re the comments about top heavy management, I think that a move of the whole operation to aer lingus regional could move the need for many people, ie sales etc and let Aer Lingus website do the selling etc.
Airports like Waterford, Galway, Shannon, Derry and Kerry need airlines like Aer Arann and I wish Padraig and the Aer Arann team the best of success in the future.
EI-BUD
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EI-BUD, in fairness Ireland Airways operated the CFN PSO & served it well - the only reason why Aer Arann ended up with the rest of the PSO's is because Aer Lingus got rid of the F50's & dropped the PSO's so Aer Arann were handed them on a plate.(nobody wanted them)
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BRITISH FIRM REVEALED AS NEW BACKER OF AER ARANN
October 10, 2010 - 1:15pm
BRITISH FIRM REVEALED AS NEW BACKER OF AER ARANN
A British transport business is the preferred buyer for Aer Arann, the Galway based airline that went into examinership last month.
The stobart group, which has extensive interests in international freight, is finalising a rescue package worth about ten million euro.
According to todays Sunday Business Post, Aer Arann owner Padraig O Ceidigh, is working with Stobart and will retain a minority stake in the business.
Stobart and the company examiner are still working out the details of the deal this weekend, and its expected a formal announcement will be made in the coming days.
BRITISH FIRM REVEALED AS NEW BACKER OF AER ARANN | Galway Bay FM | galwaynews.ie
October 10, 2010 - 1:15pm
BRITISH FIRM REVEALED AS NEW BACKER OF AER ARANN
A British transport business is the preferred buyer for Aer Arann, the Galway based airline that went into examinership last month.
The stobart group, which has extensive interests in international freight, is finalising a rescue package worth about ten million euro.
According to todays Sunday Business Post, Aer Arann owner Padraig O Ceidigh, is working with Stobart and will retain a minority stake in the business.
Stobart and the company examiner are still working out the details of the deal this weekend, and its expected a formal announcement will be made in the coming days.
BRITISH FIRM REVEALED AS NEW BACKER OF AER ARANN | Galway Bay FM | galwaynews.ie
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Investor as per Sunday Business Post
Today a report in the Sunday Business Post suggested that Stobart Transport are likely to take control of Aer Arann with Padraig O'Ceidigh retaining a role in the company.
Stobart is a big outfit and this is most interesting in that it is developing London Southend Airport in preparation for 2012 games. I am curious as to where Aer Arann fits into this jigsaw. Although I recognise the Eddie Stobart group has a wide range of businesses the timing of this Aer Arann move is close to the developments at Southend Airport.
B727, not sure what point you are making here. Yes you are right nobody else wanted the routes, ie the more marginal ones. I dont see why Padraig O Ceidigh should be critisised for this. Aer Arann has been more consistent and served all the routes not just cherry picked the best ones.
Also, with the concerted effort made by Ryanair to wipe Aer Arann off the face of the earth they may never have gotten into this mess. Although I like Ryanair, I firmly feel that they acted very unfairly. Remembering that only for concessions made for Ryanair by the government by the transport ministed in early 90s Ryanair would be no more. Sadly there is no such concessions allowed anymore. Hence Ryanair once preyed upon have done exactly that to a smaller rival yet Aer Arann has survived. Long may it last.
I feel that Aer Aranns future is best served in the guise of Aer Lingus Regional and perhaps this formula can be used to serve other large carriers across Europe?
EI-BUD
Stobart is a big outfit and this is most interesting in that it is developing London Southend Airport in preparation for 2012 games. I am curious as to where Aer Arann fits into this jigsaw. Although I recognise the Eddie Stobart group has a wide range of businesses the timing of this Aer Arann move is close to the developments at Southend Airport.
EI-BUD, in fairness Ireland Airways operated the CFN PSO & served it well - the only reason why Aer Arann ended up with the rest of the PSO's is because Aer Lingus got rid of the F50's & dropped the PSO's so Aer Arann were handed them on a plate.(nobody wanted them)
Also, with the concerted effort made by Ryanair to wipe Aer Arann off the face of the earth they may never have gotten into this mess. Although I like Ryanair, I firmly feel that they acted very unfairly. Remembering that only for concessions made for Ryanair by the government by the transport ministed in early 90s Ryanair would be no more. Sadly there is no such concessions allowed anymore. Hence Ryanair once preyed upon have done exactly that to a smaller rival yet Aer Arann has survived. Long may it last.
I feel that Aer Aranns future is best served in the guise of Aer Lingus Regional and perhaps this formula can be used to serve other large carriers across Europe?
EI-BUD
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Hello EI-BUD
I like your comments on here, you offer a balanced point of view.
Generally..
I read this forum regularly and the other airline forum and it always amazes me by the number of comments from people that think they could run an airline better. I've said before that RE have punched above their weight for a long time they've had a very tough time with competition on their key routes. I really had a lot of sympathy for Ryanair years ago as they launched their flights in the face of the legacies. In some ways they're too big for their boots. Their predatory practices in relation to Aer Arann are bad.
Aer Arann supports jobs and local connectivity that is something that should be celebrated.
Paidraig O Ceidgh is Irish through and through, again something that should be celebrated. I hope that he remains involved and committed to RE.
The Aer Lingus Regional franchise is a good development, but I personally hope that Aer Arann brand is also retained, albeit with a lick of paint here and there.
I do think the latest story about Stobart is a very interesting development. If true this could be incredibly good for Southend Airport - actually a destination I've always thought could be good for RE. FlyBe go there on one route. There's no reason why RE couldn't fly there and retain Luton, I don't think these airports really compete due to distance.
For me, Aer Arann needs to retain it's 'Irishness' it's a great brand with a lot of good people employed both directly and indirectly and especially whilst Ireland's economy is shaky it's something that should be celebrated.
I like your comments on here, you offer a balanced point of view.
Generally..
I read this forum regularly and the other airline forum and it always amazes me by the number of comments from people that think they could run an airline better. I've said before that RE have punched above their weight for a long time they've had a very tough time with competition on their key routes. I really had a lot of sympathy for Ryanair years ago as they launched their flights in the face of the legacies. In some ways they're too big for their boots. Their predatory practices in relation to Aer Arann are bad.
Aer Arann supports jobs and local connectivity that is something that should be celebrated.
Paidraig O Ceidgh is Irish through and through, again something that should be celebrated. I hope that he remains involved and committed to RE.
The Aer Lingus Regional franchise is a good development, but I personally hope that Aer Arann brand is also retained, albeit with a lick of paint here and there.
I do think the latest story about Stobart is a very interesting development. If true this could be incredibly good for Southend Airport - actually a destination I've always thought could be good for RE. FlyBe go there on one route. There's no reason why RE couldn't fly there and retain Luton, I don't think these airports really compete due to distance.
For me, Aer Arann needs to retain it's 'Irishness' it's a great brand with a lot of good people employed both directly and indirectly and especially whilst Ireland's economy is shaky it's something that should be celebrated.
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Stobart have this morning confirmed the deal, although it will involve only a relatively small investment of 2.5 million Euros in Aer Arann and Stobart will not be involved in the management of the company.
Services will commence from SEN in March 2011 and pax numbers of 300,000 pa are anticipated through SEN as a result of the 5 year deal.
Great news for both RE and SEN. RE have always retained an interest in operating into SEN going back at least 5 or 6 years so perhaps the Examinership was a blessing in disguise for SEN as it provided this investment opportunity for Stobart.
No route announcement has been made yet, but I wonder if the LTN services will be transferred to SEN for starters.
Services will commence from SEN in March 2011 and pax numbers of 300,000 pa are anticipated through SEN as a result of the 5 year deal.
Great news for both RE and SEN. RE have always retained an interest in operating into SEN going back at least 5 or 6 years so perhaps the Examinership was a blessing in disguise for SEN as it provided this investment opportunity for Stobart.
No route announcement has been made yet, but I wonder if the LTN services will be transferred to SEN for starters.
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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....
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.
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From RTE.ie
RTÉ Business: Agreement signed with Aer Arann
Agreement signed for Aer Arann
Monday, 11 October 2010 17:44
A conditional investment agreement has been signed with Aer Arann to ensure its survival as a going concern.
The High Court today approved the continuation of the examinership of Aer Arann.
Examiner Michael McAteer of Grant Thornton is in the process of finalising the deal and intends to issue these proposals to creditors in the coming days.
Creditors meetings will be held from next Monday.
The next court hearing has been set for Friday week, 22 October
ends.
RTÉ Business: Agreement signed with Aer Arann
Agreement signed for Aer Arann
Monday, 11 October 2010 17:44
A conditional investment agreement has been signed with Aer Arann to ensure its survival as a going concern.
The High Court today approved the continuation of the examinership of Aer Arann.
Examiner Michael McAteer of Grant Thornton is in the process of finalising the deal and intends to issue these proposals to creditors in the coming days.
Creditors meetings will be held from next Monday.
The next court hearing has been set for Friday week, 22 October
ends.
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Stobart haven't bought Aer Arran. They are investing 2.5m euro to incentivise and market Aer Arann's operation from Southend Airport for 5 years.
Stobart will not be involved in the day to day running of the Airline.
Stobart will not be involved in the day to day running of the Airline.
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Transferring LTN services to SEN would be a big mistake. I would be very dubious about the attractivness of SEN after 2012. Like MSE and LYD surface connections to London are poor. The rail line used to be known as the "Misery Line"
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Really? Southend has a new station which is 50m from the entrance of the new terminal (about to be constructed) which is situated on the Liverpool Street line. 45 mins to Stratford (Central line tube) and then Liverpool Street.
If that line is closed for any reason, a short taxi ride (probably quicker than LTN's rail link) takes you to the C2C Fenchurch Street line.
Totally different from Lydd and Manston.
If that line is closed for any reason, a short taxi ride (probably quicker than LTN's rail link) takes you to the C2C Fenchurch Street line.
Totally different from Lydd and Manston.
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Thread drift/anorak warning:
The so called 'Misery Line' is not the Liverpool Street line, this was the Fenchurch Street line, now known as C2C. And guess what, C2C is regularly now one of the best performing lines in the country, very reliable.
The Liverpool Street service is also pretty good, and has up to 6 trains an hour to London in rush-hours, and trains from quite early to quite late.
The so called 'Misery Line' is not the Liverpool Street line, this was the Fenchurch Street line, now known as C2C. And guess what, C2C is regularly now one of the best performing lines in the country, very reliable.
The Liverpool Street service is also pretty good, and has up to 6 trains an hour to London in rush-hours, and trains from quite early to quite late.
Last edited by Red Four; 12th Oct 2010 at 06:08.
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Ah don't you love it how these things seem to come around full circle. It never ceases to amaze me how many people don't look back at history as a precursor to what the future may hold. Anyone that has been around a bit will remember a certain Irish based Fokker operator that flew into a certain Southern UK airport that was then touted as being the next best thing.
The only difference I can see this time is the type of airframes being used and perhaps that Stobart might have a plan regarding freight. In terms of the latter I am not sure of the capabilities of being able to quick change any of the current fleet of ATR's in order to carry cargo.
The only difference I can see this time is the type of airframes being used and perhaps that Stobart might have a plan regarding freight. In terms of the latter I am not sure of the capabilities of being able to quick change any of the current fleet of ATR's in order to carry cargo.